NUBIAN REPORTS THAT ATHENA GOLD INTERCEPTS FURTHER HIGH-GRADE OXIDE GOLD AT EXCELSIOR SPRINGS GOLD PROJECT IN NEVADA
Original announcement by tmx on
- Company
- Nubian Resources Ltd.
- Ticker
- NBR
- Exchange
- TSX
- Region
- Nevada
- Primary commodity
- Gold
- Secondary commodities
- Silver
- Document categories
- Drill results
- Extracted
- 2026-08-21 11:51:33 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Nubian Resources reports that Athena Gold has intersected high-grade oxide gold and silver at the Excelsior Springs project in Nevada. The results include a 27.4m intercept at 6.05 g/t Au and a high-grade 10.7m sub-interval at 10.2 g/t Au.
Reasoning: The announcement reports significant high-grade gold and silver intercepts that confirm and extend a known discovery at the Excelsior Springs project.
Positive factors
- high-grade gold intercepts
- extension of known discovery
- QP sign-off
Facts used in scoring: 4
Classification and evidence
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: The release mentions review and approval by a Qualified Person (Dr. Scott Jobin-Bevans, P.Geo.)
Evidence · text
“reviewed and approved by Dr. Scott Jobin-Bevans (P.Geo.), a Director of Nubian, who is a Qualified Person”
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: The results confirm the discovery of a new high grade area and follow up on previous drilling.
Evidence · text
“confirm the discovery of a new high grade area at Excelsior Springs”
Extracted facts
Stored fact records: 4. Some facts used in scoring do not have a stored record.
Drill Results (4)
Fact 1Excelsior Springs Gold Project · goldGrade: 6.05Grade Unit: g/tIntercept: 27.4 mNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- Excelsior Springs Gold Project
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NBR
Geometry
- Grade
- 6.05
- Grade Unit
- g/t
- Intercept
- 27.4 m
Classification
- Sample Type
- drill
- Mining Method
- unknown
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- drill_no_hole_id
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2023-01-16T00:00:00.000Z
Reasoning: 6.05 g/t Au over 27.4m is a strong intercept for an oxide gold discovery.
Positive factors
- strong gold grade
Evidence · text
“6.05 g/t Au and 17.4 g/t Ag over 27.4 metres”
Fact 2Excelsior Springs Gold Project · silverGrade: 17.4Grade Unit: g/tIntercept: 27.4 mNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- Excelsior Springs Gold Project
- Commodity
- silver
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NBR
Geometry
- Grade
- 17.4
- Grade Unit
- g/t
- Intercept
- 27.4 m
Classification
- Sample Type
- drill
- Mining Method
- unknown
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- drill_no_hole_id
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2023-01-16T00:00:00.000Z
Reasoning: Silver reported as a byproduct credit in the main intercept.
Positive factors
- silver credits
Evidence · text
“6.05 g/t Au and 17.4 g/t Ag over 27.4 metres”
Fact 3Excelsior Springs Gold Project · goldGrade: 10.2Grade Unit: g/tIntercept: 10.7 mNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- Excelsior Springs Gold Project
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NBR
Geometry
- Grade
- 10.2
- Grade Unit
- g/t
- Intercept
- 10.7 m
Classification
- Sample Type
- drill
- Mining Method
- unknown
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- drill_no_hole_id
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2023-01-16T00:00:00.000Z
Reasoning: 10.2 g/t Au over 10.7m is a high-grade sub-interval.
Positive factors
- bonanza grade
Evidence · text
“including 10.2 g/t Au and 30.8 g/t Ag over 10.7 metres”
Fact 4Excelsior Springs Gold Project · silverGrade: 30.8Grade Unit: g/tIntercept: 10.7 mNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- Excelsior Springs Gold Project
- Commodity
- silver
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NBR
Geometry
- Grade
- 30.8
- Grade Unit
- g/t
- Intercept
- 10.7 m
Classification
- Sample Type
- drill
- Mining Method
- unknown
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- drill_no_hole_id
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2023-01-16T00:00:00.000Z
Reasoning: Silver reported as a byproduct credit in the high-grade sub-interval.
Positive factors
- silver credits
Evidence · text
“including 10.2 g/t Au and 30.8 g/t Ag over 10.7 metres”
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.