Northern Lion Suspends Exploration Activities, Republic of Cyprus

Original announcement by tmx on

Company
Northern Lion Gold Corp.
Ticker
NL
Exchange
TSX
Region
Republic of Cyprus
Primary commodity
Gold
Secondary commodities
Silver, Zinc
Document categories
Drill results, Agreement transaction
Extracted
2026-08-22 03:47:06 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Northern Lion Gold Corp. announced that its joint venture partner, Centerra Gold, has terminated their option agreement in the Republic of Cyprus due to unencouraging drill results. Consequently, Northern Lion is suspending all exploration activities in the region to review its land package and future plans. The 2014 drill program, which targeted VHMS accumulations, failed to identify significant mineralization, with reported grades generally being low or anomalously high for zinc.

Reasoning: Centerra Gold terminated its option agreement with Northern Lion due to unencouraging drill results, leading Northern Lion to suspend all exploration activities in Cyprus. The reported drill intercepts generally show low grades, and two zinc grades are anomalously high, suggesting data entry errors.

Negative factors

  • JV partner terminated option agreement
  • unencouraging drill results
  • suspension of all exploration activities
  • low-grade intercepts
  • anomalous zinc grades likely indicate data error

Facts used in scoring: 27

Atlas analysis — Northern Lion Gold Corp.: Northern Lion Suspends Exploration Activities, Republic of Cyprus. 0.16 g/t over 85.7 m; 0.27 g/t over 4.9 m; 0.21 g/t over 6 m

Classification and evidence

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: No true width or orientation information is provided for the reported drill intercepts, only downhole lengths.

Evidence · text

“Interval (m)”

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 detailed QA/QC procedures, including a qualified person sign-off, certified lab, and methods like standards, duplicates, and blanks.

Evidence · text

“Quality Control and Assurance The Company's field activities in the Republic of Cyprus are under the direction of Robert Johnston, P.Geo. (BC), a consultant to the Company and "qualified person", as defined by National Instrument 43-101 ("NI 43-101"). Mr. Johnston is responsible for the technical content of this news release. All drill core is transported by Company personnel to a secure logging and sampling facility located proximal to the exploration site. After the core has been logged and sample intervals marked, it is split by means of a diamond saw. One half of the core is then placed in a plastic bag with a waterproof uniquely numbered sample tag, which is sealed with a tamperproof security tie, while the balance is retained in the core box for future reference. The bagged samples are placed in secured sacks for transportation by truck to the Company's customs broker in Nicosia. The samples are sent by air to ALS Romania SRL, located at Rosia Montana, Romania. The facility is NI 43-101 and Joint Ore Resource Committee (JORC) compliant and is accredited to international quality standards through the International Organization for Standardization /International Electrochemical Commission (ISO/IEC) 17025:2005. The total sample is jaw crushed dry to <2 mm. A 250 gram representative sample is obtained using a Riffle splitter and pulverized so that 85% passes 75 microns. Samples are then analyzed for gold and ICP analysis. A four acid digestion is used for a thirty three element ICP analysis, while the gold analyses used a 30 gram sample with lead-fire assay followed by atomic absorption spectrometry finish. The Company and ALS Romania both employ rigorous systems of mineralized standards, sample duplicates and blanks in each batch of samples.”

JV Terminationnegative · Story-specific tag

No canonical definition is currently available.

Why it applies: The joint venture partner, Centerra Gold, terminated the option agreement due to unencouraging drill results.

Evidence · text

“Northern Lion Suspends Exploration Activities, Republic of Cyprus (via Thenewswire.ca) Vancouver, British Columbia / TNW-ACCESSWIRE / October 15, 2014 / Northern Lion Gold Corp. (the "Company") announces that it has received notice from its joint venture partner, Centerra Gold (KB) Inc., a subsidiary of Centerra Gold Inc. (collectively "Centerra"), that Centerra is terminating the previously announced option agreement (reported April 4, 2013).”

Exploration Suspendednegative · Story-specific tag

No canonical definition is currently available.

Why it applies: Northern Lion is suspending all exploration activities in Cyprus due to the termination of the JV and disappointing results.

Evidence · text

“The Company has put all exploration activities on care and maintenance in Cyprus while a full review of the exploration, land package and future plans are reviewed by the Board.”

Low Grade Resultsnegative · Story-specific tag

No canonical definition is currently available.

Why it applies: The reported gold and silver grades are consistently low, and zinc grades are either low or anomalously high, leading to the termination of the JV.

Evidence · text

“Centerra commented: "Unfortunately, after some promising results last year, the drilling this year failed to provide any further encouragement and, as the majority of the targets of interest to us have now been tested, we have made the decision to terminate the Option Agreement."”

Extracted facts

Stored fact records: 27. Some facts used in scoring do not have a stored record.

Drill Results (27)

MVDD14-05Mavroyi · goldGrade: 0.16Grade Unit: g/tIntercept: 85.7 mView all details
Link to this fact

Identity

Hole ID
MVDD14-05
Project
Mavroyi
Commodity
gold
Ticker
NL

Geometry

Grade
0.16
Grade Unit
g/t
Intercept
85.7 m
From
12.1 m
To
97.8 m
Hole Depth
123.1 m
Intercept Depth
12.1 m

Classification

Deposit Type
vms
Program
exploration
Sample Type
drill
Group ID
MVDD14-05:12.1-97.8
Mining Method
unknown

Location

Easting
458639
Northing
3868242
CRS
WGS84 Zone 36 North
Elevation
344 m
Azimuth
70 °
Dip
-50 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Romania SRL
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, duplicates, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2014-10-15T00:00:00.000Z

Reasoning: The gold grade of 0.16 g/t over 85.7 m is very low for a VMS deposit, contributing to the overall unencouraging results that led to the JV termination.

Negative factors

  • low grade
  • JV terminated due to unencouraging results
  • apparent width only

Evidence · table

“0.16”

Context: 85.7

MVDD14-05Mavroyi · silverGrade: 0.02Grade Unit: g/tIntercept: 85.7 mView all details
Link to this fact

Identity

Hole ID
MVDD14-05
Project
Mavroyi
Commodity
silver
Ticker
NL

Geometry

Grade
0.02
Grade Unit
g/t
Intercept
85.7 m
From
12.1 m
To
97.8 m
Hole Depth
123.1 m
Intercept Depth
12.1 m

Classification

Deposit Type
vms
Program
exploration
Sample Type
drill
Group ID
MVDD14-05:12.1-97.8
Mining Method
unknown

Location

Easting
458639
Northing
3868242
CRS
WGS84 Zone 36 North
Elevation
344 m
Azimuth
70 °
Dip
-50 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Romania SRL
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, duplicates, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2014-10-15T00:00:00.000Z

Reasoning: The silver grade of 0.02 g/t over 85.7 m is extremely low, further indicating unencouraging results for the project.

Negative factors

  • low grade
  • JV terminated due to unencouraging results
  • apparent width only

Evidence · table

“0.02”

Context: 85.7

MVDD14-05Mavroyi · zincGrade: 0.067Grade Unit: %Intercept: 85.7 mView all details
Link to this fact

Identity

Hole ID
MVDD14-05
Project
Mavroyi
Commodity
zinc
Ticker
NL

Geometry

Grade
0.067
Grade Unit
%
Intercept
85.7 m
From
12.1 m
To
97.8 m
Hole Depth
123.1 m
Intercept Depth
12.1 m

Classification

Deposit Type
vms
Program
exploration
Sample Type
drill
Group ID
MVDD14-05:12.1-97.8
Mining Method
unknown

Location

Easting
458639
Northing
3868242
CRS
WGS84 Zone 36 North
Elevation
344 m
Azimuth
70 °
Dip
-50 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Romania SRL
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, duplicates, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2014-10-15T00:00:00.000Z

Reasoning: The zinc grade of 0.067% over 85.7 m is very low, contributing to the overall unencouraging results that led to the JV termination.

Negative factors

  • low grade
  • JV terminated due to unencouraging results
  • apparent width only

Evidence · table

“0.067”

Context: 85.7

MVDD14-05Mavroyi · goldGrade: 0.33Grade Unit: g/tIntercept: 12.9 mView all details
Link to this fact

Identity

Hole ID
MVDD14-05
Project
Mavroyi
Commodity
gold
Ticker
NL

Geometry

Grade
0.33
Grade Unit
g/t
Intercept
12.9 m
From
12.1 m
To
25 m
Hole Depth
123.1 m
Intercept Depth
12.1 m

Classification

Deposit Type
vms
Program
exploration
Sample Type
drill
Group ID
MVDD14-05:12.1-25.0
Mining Method
unknown

Location

Easting
458639
Northing
3868242
CRS
WGS84 Zone 36 North
Elevation
344 m
Azimuth
70 °
Dip
-50 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Romania SRL
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, duplicates, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2014-10-15T00:00:00.000Z

Reasoning: The gold grade of 0.33 g/t over 12.9 m is low for a VMS deposit, and while a sub-interval, it does not significantly improve the overall prospectivity.

Negative factors

  • low grade
  • JV terminated due to unencouraging results
  • apparent width only

Evidence · table

“0.33”

Context: 12.9

MVDD14-05Mavroyi · silverGrade: 0.55Grade Unit: g/tIntercept: 12.9 mView all details
Link to this fact

Identity

Hole ID
MVDD14-05
Project
Mavroyi
Commodity
silver
Ticker
NL

Geometry

Grade
0.55
Grade Unit
g/t
Intercept
12.9 m
From
12.1 m
To
25 m
Hole Depth
123.1 m
Intercept Depth
12.1 m

Classification

Deposit Type
vms
Program
exploration
Sample Type
drill
Group ID
MVDD14-05:12.1-25.0
Mining Method
unknown

Location

Easting
458639
Northing
3868242
CRS
WGS84 Zone 36 North
Elevation
344 m
Azimuth
70 °
Dip
-50 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Romania SRL
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, duplicates, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2014-10-15T00:00:00.000Z

Reasoning: The silver grade of 0.55 g/t over 12.9 m is very low, not providing significant encouragement for the project.

Negative factors

  • low grade
  • JV terminated due to unencouraging results
  • apparent width only

Evidence · table

“0.55”

Context: 12.9

MVDD14-05Mavroyi · zincGrade: 0.1Grade Unit: %Intercept: 12.9 mView all details
Link to this fact

Identity

Hole ID
MVDD14-05
Project
Mavroyi
Commodity
zinc
Ticker
NL

Geometry

Grade
0.1
Grade Unit
%
Intercept
12.9 m
From
12.1 m
To
25 m
Hole Depth
123.1 m
Intercept Depth
12.1 m

Classification

Deposit Type
vms
Program
exploration
Sample Type
drill
Group ID
MVDD14-05:12.1-25.0
Mining Method
unknown

Location

Easting
458639
Northing
3868242
CRS
WGS84 Zone 36 North
Elevation
344 m
Azimuth
70 °
Dip
-50 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Romania SRL
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, duplicates, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2014-10-15T00:00:00.000Z

Reasoning: The zinc grade of 0.1% over 12.9 m is very low, not providing significant encouragement for the project.

Negative factors

  • low grade
  • JV terminated due to unencouraging results
  • apparent width only

Evidence · table

“0.1”

Context: 12.9

MVDD14-05Mavroyi · goldGrade: 0.56Grade Unit: g/tIntercept: 5.9 mView all details
Link to this fact

Identity

Hole ID
MVDD14-05
Project
Mavroyi
Commodity
gold
Ticker
NL

Geometry

Grade
0.56
Grade Unit
g/t
Intercept
5.9 m
From
13.05 m
To
19 m
Hole Depth
123.1 m
Intercept Depth
13.05 m

Classification

Deposit Type
vms
Program
exploration
Sample Type
drill
Group ID
MVDD14-05:13.05-19.0
Mining Method
unknown

Location

Easting
458639
Northing
3868242
CRS
WGS84 Zone 36 North
Elevation
344 m
Azimuth
70 °
Dip
-50 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Romania SRL
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, duplicates, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2014-10-15T00:00:00.000Z

Reasoning: The gold grade of 0.56 g/t over 5.9 m is low for a VMS deposit, and as a sub-interval, it does not significantly improve the overall prospectivity.

Negative factors

  • low grade
  • JV terminated due to unencouraging results
  • apparent width only

Evidence · table

“0.56”

Context: 5.9

MVDD14-05Mavroyi · silverGrade: 0.85Grade Unit: g/tIntercept: 5.9 mView all details
Link to this fact

Identity

Hole ID
MVDD14-05
Project
Mavroyi
Commodity
silver
Ticker
NL

Geometry

Grade
0.85
Grade Unit
g/t
Intercept
5.9 m
From
13.05 m
To
19 m
Hole Depth
123.1 m
Intercept Depth
13.05 m

Classification

Deposit Type
vms
Program
exploration
Sample Type
drill
Group ID
MVDD14-05:13.05-19.0
Mining Method
unknown

Location

Easting
458639
Northing
3868242
CRS
WGS84 Zone 36 North
Elevation
344 m
Azimuth
70 °
Dip
-50 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Romania SRL
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, duplicates, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2014-10-15T00:00:00.000Z

Reasoning: The silver grade of 0.85 g/t over 5.9 m is very low, not providing significant encouragement for the project.

Negative factors

  • low grade
  • JV terminated due to unencouraging results
  • apparent width only

Evidence · table

“0.85”

Context: 5.9

MVDD14-05Mavroyi · zincGrade: 0.1Grade Unit: %Intercept: 5.9 mView all details
Link to this fact

Identity

Hole ID
MVDD14-05
Project
Mavroyi
Commodity
zinc
Ticker
NL

Geometry

Grade
0.1
Grade Unit
%
Intercept
5.9 m
From
13.05 m
To
19 m
Hole Depth
123.1 m
Intercept Depth
13.05 m

Classification

Deposit Type
vms
Program
exploration
Sample Type
drill
Group ID
MVDD14-05:13.05-19.0
Mining Method
unknown

Location

Easting
458639
Northing
3868242
CRS
WGS84 Zone 36 North
Elevation
344 m
Azimuth
70 °
Dip
-50 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Romania SRL
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, duplicates, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2014-10-15T00:00:00.000Z

Reasoning: The zinc grade of 0.1% over 5.9 m is very low, not providing significant encouragement for the project.

Negative factors

  • low grade
  • JV terminated due to unencouraging results
  • apparent width only

Evidence · table

“0.1”

Context: 5.9

MVDD14-05Mavroyi · goldGrade: 0.33Grade Unit: g/tIntercept: 18.2 mView all details
Link to this fact

Identity

Hole ID
MVDD14-05
Project
Mavroyi
Commodity
gold
Ticker
NL

Geometry

Grade
0.33
Grade Unit
g/t
Intercept
18.2 m
From
79.6 m
To
97.8 m
Hole Depth
123.1 m
Intercept Depth
79.6 m

Classification

Deposit Type
vms
Program
exploration
Sample Type
drill
Group ID
MVDD14-05:79.6-97.8
Mining Method
unknown

Location

Easting
458639
Northing
3868242
CRS
WGS84 Zone 36 North
Elevation
344 m
Azimuth
70 °
Dip
-50 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Romania SRL
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, duplicates, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2014-10-15T00:00:00.000Z

Reasoning: The gold grade of 0.33 g/t over 18.2 m is low for a VMS deposit, and as a sub-interval, it does not significantly improve the overall prospectivity.

Negative factors

  • low grade
  • JV terminated due to unencouraging results
  • apparent width only

Evidence · table

“0.33”

Context: 18.2

MVDD14-05Mavroyi · silverGrade: 0.23Grade Unit: g/tIntercept: 18.2 mView all details
Link to this fact

Identity

Hole ID
MVDD14-05
Project
Mavroyi
Commodity
silver
Ticker
NL

Geometry

Grade
0.23
Grade Unit
g/t
Intercept
18.2 m
From
79.6 m
To
97.8 m
Hole Depth
123.1 m
Intercept Depth
79.6 m

Classification

Deposit Type
vms
Program
exploration
Sample Type
drill
Group ID
MVDD14-05:79.6-97.8
Mining Method
unknown

Location

Easting
458639
Northing
3868242
CRS
WGS84 Zone 36 North
Elevation
344 m
Azimuth
70 °
Dip
-50 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Romania SRL
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, duplicates, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2014-10-15T00:00:00.000Z

Reasoning: The silver grade of 0.23 g/t over 18.2 m is very low, not providing significant encouragement for the project.

Negative factors

  • low grade
  • JV terminated due to unencouraging results
  • apparent width only

Evidence · table

“0.23”

Context: 18.2

MVDD14-05Mavroyi · zincGrade: 0.09Grade Unit: %Intercept: 18.2 mView all details
Link to this fact

Identity

Hole ID
MVDD14-05
Project
Mavroyi
Commodity
zinc
Ticker
NL

Geometry

Grade
0.09
Grade Unit
%
Intercept
18.2 m
From
79.6 m
To
97.8 m
Hole Depth
123.1 m
Intercept Depth
79.6 m

Classification

Deposit Type
vms
Program
exploration
Sample Type
drill
Group ID
MVDD14-05:79.6-97.8
Mining Method
unknown

Location

Easting
458639
Northing
3868242
CRS
WGS84 Zone 36 North
Elevation
344 m
Azimuth
70 °
Dip
-50 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Romania SRL
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, duplicates, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2014-10-15T00:00:00.000Z

Reasoning: The zinc grade of 0.09% over 18.2 m is very low, not providing significant encouragement for the project.

Negative factors

  • low grade
  • JV terminated due to unencouraging results
  • apparent width only

Evidence · table

“0.09”

Context: 18.2

MVDD14-13Mavroyi · goldGrade: 0.27Grade Unit: g/tIntercept: 4.9 mView all details
Link to this fact

Identity

Hole ID
MVDD14-13
Project
Mavroyi
Commodity
gold
Ticker
NL

Geometry

Grade
0.27
Grade Unit
g/t
Intercept
4.9 m
From
31.6 m
To
36.5 m
Hole Depth
136.2 m
Intercept Depth
31.6 m

Classification

Deposit Type
vms
Program
exploration
Sample Type
drill
Group ID
MVDD14-13:31.6-36.5
Mining Method
unknown

Location

Easting
458834
Northing
3867933
CRS
WGS84 Zone 36 North
Elevation
368 m
Azimuth
50 °
Dip
-60 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Romania SRL
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, duplicates, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2014-10-15T00:00:00.000Z

Reasoning: The gold grade of 0.27 g/t over 4.9 m is very low for a VMS deposit, contributing to the overall unencouraging results that led to the JV termination.

Negative factors

  • low grade
  • JV terminated due to unencouraging results
  • apparent width only

Evidence · table

“0.27”

Context: 4.9

MVDD14-13Mavroyi · silverGrade: 1.48Grade Unit: g/tIntercept: 4.9 mView all details
Link to this fact

Identity

Hole ID
MVDD14-13
Project
Mavroyi
Commodity
silver
Ticker
NL

Geometry

Grade
1.48
Grade Unit
g/t
Intercept
4.9 m
From
31.6 m
To
36.5 m
Hole Depth
136.2 m
Intercept Depth
31.6 m

Classification

Deposit Type
vms
Program
exploration
Sample Type
drill
Group ID
MVDD14-13:31.6-36.5
Mining Method
unknown

Location

Easting
458834
Northing
3867933
CRS
WGS84 Zone 36 North
Elevation
368 m
Azimuth
50 °
Dip
-60 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Romania SRL
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, duplicates, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2014-10-15T00:00:00.000Z

Reasoning: The silver grade of 1.48 g/t over 4.9 m is very low, not providing significant encouragement for the project.

Negative factors

  • low grade
  • JV terminated due to unencouraging results
  • apparent width only

Evidence · table

“1.48”

Context: 4.9

MVDD14-13Mavroyi · zincGrade: 902Grade Unit: %Intercept: 4.9 mView all details
Link to this fact

Identity

Hole ID
MVDD14-13
Project
Mavroyi
Commodity
zinc
Ticker
NL

Geometry

Grade
902
Grade Unit
%
Intercept
4.9 m
From
31.6 m
To
36.5 m
Hole Depth
136.2 m
Intercept Depth
31.6 m

Classification

Deposit Type
vms
Program
exploration
Sample Type
drill
Group ID
MVDD14-13:31.6-36.5
Mining Method
unknown

Location

Easting
458834
Northing
3867933
CRS
WGS84 Zone 36 North
Elevation
368 m
Azimuth
50 °
Dip
-60 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Romania SRL
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, duplicates, blanks

Review

Needs Review
No
Interp. Status
low_confidence
Historical
No

Dates

Event date
2014-10-15T00:00:00.000Z

Reasoning: The reported zinc grade of 902% over 4.9 m is anomalously high and physically impossible, strongly suggesting a data entry error or typo, which undermines confidence in the reported data.

Negative factors

  • anomalously high grade, likely typo
  • JV terminated due to unencouraging results
  • apparent width only

Evidence · table

“902”

Context: 4.9

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Grade Anomaly / TypoRejected · negative · Story-specific tag

No canonical definition is currently available.

Reason: The reported zinc grade of 902% is physically impossible and indicates a data entry error.

Evidence · table

“902”

Context: 4.9

MVDD14-14Saramas · goldGrade: 0.21Grade Unit: g/tIntercept: 6 mView all details
Link to this fact

Identity

Hole ID
MVDD14-14
Project
Saramas
Commodity
gold
Ticker
NL

Geometry

Grade
0.21
Grade Unit
g/t
Intercept
6 m
From
150 m
To
156 m
Hole Depth
343.9 m
Intercept Depth
150 m

Classification

Deposit Type
vms
Program
exploration
Sample Type
drill
Group ID
MVDD14-14:150.0-156.0
Mining Method
unknown

Location

Easting
457789
Northing
3869483
CRS
WGS84 Zone 36 North
Elevation
256 m
Azimuth
270 °
Dip
-75 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Romania SRL
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, duplicates, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2014-10-15T00:00:00.000Z

Reasoning: The gold grade of 0.21 g/t over 6.0 m is very low for a VMS deposit, contributing to the overall unencouraging results that led to the JV termination.

Negative factors

  • low grade
  • JV terminated due to unencouraging results
  • apparent width only

Evidence · table

“0.21”

Context: 6.0

MVDD14-14Saramas · silverGrade: 0.3Grade Unit: g/tIntercept: 6 mView all details
Link to this fact

Identity

Hole ID
MVDD14-14
Project
Saramas
Commodity
silver
Ticker
NL

Geometry

Grade
0.3
Grade Unit
g/t
Intercept
6 m
From
150 m
To
156 m
Hole Depth
343.9 m
Intercept Depth
150 m

Classification

Deposit Type
vms
Program
exploration
Sample Type
drill
Group ID
MVDD14-14:150.0-156.0
Mining Method
unknown

Location

Easting
457789
Northing
3869483
CRS
WGS84 Zone 36 North
Elevation
256 m
Azimuth
270 °
Dip
-75 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Romania SRL
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, duplicates, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2014-10-15T00:00:00.000Z

Reasoning: The silver grade of 0.3 g/t over 6.0 m is very low, not providing significant encouragement for the project.

Negative factors

  • low grade
  • JV terminated due to unencouraging results
  • apparent width only

Evidence · table

“0.3”

Context: 6.0

MVDD14-14Saramas · zincGrade: 466Grade Unit: %Intercept: 6 mView all details
Link to this fact

Identity

Hole ID
MVDD14-14
Project
Saramas
Commodity
zinc
Ticker
NL

Geometry

Grade
466
Grade Unit
%
Intercept
6 m
From
150 m
To
156 m
Hole Depth
343.9 m
Intercept Depth
150 m

Classification

Deposit Type
vms
Program
exploration
Sample Type
drill
Group ID
MVDD14-14:150.0-156.0
Mining Method
unknown

Location

Easting
457789
Northing
3869483
CRS
WGS84 Zone 36 North
Elevation
256 m
Azimuth
270 °
Dip
-75 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Romania SRL
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, duplicates, blanks

Review

Needs Review
No
Interp. Status
low_confidence
Historical
No

Dates

Event date
2014-10-15T00:00:00.000Z

Reasoning: The reported zinc grade of 466% over 6.0 m is anomalously high and physically impossible, strongly suggesting a data entry error or typo, which undermines confidence in the reported data.

Negative factors

  • anomalously high grade, likely typo
  • JV terminated due to unencouraging results
  • apparent width only

Evidence · table

“466”

Context: 6.0

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Grade Anomaly / TypoRejected · negative · Story-specific tag

No canonical definition is currently available.

Reason: The reported zinc grade of 466% is physically impossible and indicates a data entry error.

Evidence · table

“466”

Context: 6.0

inclMavroyi · goldGrade: 0.33Grade Unit: ppmIntercept: 12.9 mView all details
Link to this fact

Identity

Hole ID
incl
Project
Mavroyi
Commodity
gold
Ticker
NL

Geometry

Grade
0.33
Grade Unit
ppm
Intercept
12.9 m
From
12.1 m
To
25 m

Classification

Deposit Type
vms
Sample Type
drill
Group ID
incl:12.1-25
Mining Method
unknown

Location

CRS
WGS84 Zone 36 North

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2014-10-15T00:00:00.000Z

Reasoning: Expanded from assay table: 0.33 ppm gold, reported in a unit the rubric does not cover (g/t).

Negative factors

  • Grade unit ppm does not match the gold rubric unit g/t; not scored.

Evidence · table

“0.33”

Context: incl

inclMavroyi · silverGrade: 0.55Grade Unit: ppmIntercept: 12.9 mView all details
Link to this fact

Identity

Hole ID
incl
Project
Mavroyi
Commodity
silver
Ticker
NL

Geometry

Grade
0.55
Grade Unit
ppm
Intercept
12.9 m
From
12.1 m
To
25 m

Classification

Deposit Type
vms
Sample Type
drill
Group ID
incl:12.1-25
Mining Method
unknown

Location

CRS
WGS84 Zone 36 North

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2014-10-15T00:00:00.000Z

Reasoning: Expanded from assay table: 0.55 ppm silver, reported in a unit the rubric does not cover (g/t).

Negative factors

  • Grade unit ppm does not match the silver rubric unit g/t; not scored.

Evidence · table

“0.55”

Context: incl

inclMavroyi · zincGrade: 0.1Grade Unit: %Intercept: 12.9 mView all details
Link to this fact

Identity

Hole ID
incl
Project
Mavroyi
Commodity
zinc
Ticker
NL

Geometry

Grade
0.1
Grade Unit
%
Intercept
12.9 m
From
12.1 m
To
25 m

Classification

Deposit Type
vms
Sample Type
drill
Group ID
incl:12.1-25
Mining Method
unknown

Location

CRS
WGS84 Zone 36 North

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2014-10-15T00:00:00.000Z

Reasoning: Expanded from assay table. 0.1 % zinc is below against the default band [18, 10, 5, 2] %. Grade×width 1.3 %·m is below.

Negative factors

  • 0.1 % zinc is below the weak threshold (2 %) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.1”

Context: incl

inclMavroyi · goldGrade: 0.56Grade Unit: ppmIntercept: 5.9 mView all details
Link to this fact

Identity

Hole ID
incl
Project
Mavroyi
Commodity
gold
Ticker
NL

Geometry

Grade
0.56
Grade Unit
ppm
Intercept
5.9 m
From
13.05 m
To
19 m

Classification

Deposit Type
vms
Sample Type
drill
Group ID
incl:13.05-19
Mining Method
unknown

Location

CRS
WGS84 Zone 36 North

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2014-10-15T00:00:00.000Z

Reasoning: Expanded from assay table: 0.56 ppm gold, reported in a unit the rubric does not cover (g/t).

Negative factors

  • Grade unit ppm does not match the gold rubric unit g/t; not scored.

Evidence · table

“0.56”

Context: incl

inclMavroyi · silverGrade: 0.85Grade Unit: ppmIntercept: 5.9 mView all details
Link to this fact

Identity

Hole ID
incl
Project
Mavroyi
Commodity
silver
Ticker
NL

Geometry

Grade
0.85
Grade Unit
ppm
Intercept
5.9 m
From
13.05 m
To
19 m

Classification

Deposit Type
vms
Sample Type
drill
Group ID
incl:13.05-19
Mining Method
unknown

Location

CRS
WGS84 Zone 36 North

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2014-10-15T00:00:00.000Z

Reasoning: Expanded from assay table: 0.85 ppm silver, reported in a unit the rubric does not cover (g/t).

Negative factors

  • Grade unit ppm does not match the silver rubric unit g/t; not scored.

Evidence · table

“0.85”

Context: incl

inclMavroyi · zincGrade: 0.1Grade Unit: %Intercept: 5.9 mView all details
Link to this fact

Identity

Hole ID
incl
Project
Mavroyi
Commodity
zinc
Ticker
NL

Geometry

Grade
0.1
Grade Unit
%
Intercept
5.9 m
From
13.05 m
To
19 m

Classification

Deposit Type
vms
Sample Type
drill
Group ID
incl:13.05-19
Mining Method
unknown

Location

CRS
WGS84 Zone 36 North

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2014-10-15T00:00:00.000Z

Reasoning: Expanded from assay table. 0.1 % zinc is below against the default band [18, 10, 5, 2] %. Grade×width 0.6 %·m is below.

Negative factors

  • 0.1 % zinc is below the weak threshold (2 %) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.1”

Context: incl

andMavroyi · goldGrade: 0.33Grade Unit: ppmIntercept: 18.2 mView all details
Link to this fact

Identity

Hole ID
and
Project
Mavroyi
Commodity
gold
Ticker
NL

Geometry

Grade
0.33
Grade Unit
ppm
Intercept
18.2 m
From
79.6 m
To
97.8 m

Classification

Deposit Type
vms
Sample Type
drill
Group ID
and:79.6-97.8
Mining Method
unknown

Location

CRS
WGS84 Zone 36 North

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2014-10-15T00:00:00.000Z

Reasoning: Expanded from assay table: 0.33 ppm gold, reported in a unit the rubric does not cover (g/t).

Negative factors

  • Grade unit ppm does not match the gold rubric unit g/t; not scored.

Evidence · table

“0.33”

Context: and

andMavroyi · silverGrade: 0.23Grade Unit: ppmIntercept: 18.2 mView all details
Link to this fact

Identity

Hole ID
and
Project
Mavroyi
Commodity
silver
Ticker
NL

Geometry

Grade
0.23
Grade Unit
ppm
Intercept
18.2 m
From
79.6 m
To
97.8 m

Classification

Deposit Type
vms
Sample Type
drill
Group ID
and:79.6-97.8
Mining Method
unknown

Location

CRS
WGS84 Zone 36 North

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2014-10-15T00:00:00.000Z

Reasoning: Expanded from assay table: 0.23 ppm silver, reported in a unit the rubric does not cover (g/t).

Negative factors

  • Grade unit ppm does not match the silver rubric unit g/t; not scored.

Evidence · table

“0.23”

Context: and

andMavroyi · zincGrade: 0.09Grade Unit: %Intercept: 18.2 mView all details
Link to this fact

Identity

Hole ID
and
Project
Mavroyi
Commodity
zinc
Ticker
NL

Geometry

Grade
0.09
Grade Unit
%
Intercept
18.2 m
From
79.6 m
To
97.8 m

Classification

Deposit Type
vms
Sample Type
drill
Group ID
and:79.6-97.8
Mining Method
unknown

Location

CRS
WGS84 Zone 36 North

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2014-10-15T00:00:00.000Z

Reasoning: Expanded from assay table. 0.09 % zinc is below against the default band [18, 10, 5, 2] %. Grade×width 1.6 %·m is below.

Negative factors

  • 0.09 % zinc is below the weak threshold (2 %) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.09”

Context: and

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.