# ONGold Identifies AZ Zone as Priority Near-Mine Gold Drill Target at Monument Bay & Receives Manitoba Government Support Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/ongold-identifies-az-zone-as-priority-near-mine-gold-drill-target-at-monument-ba--0d1647eb-7b17-438e-a584-c40a29021fcc Original source: https://ongoldresources.com/ongold-identifies-az-zone-as-priority-near-mine-gold-drill-target-at-monument-bay-receives-manitoba-government-support/ Publisher: prospectors\_exchange Original announcement: 2026-09-15T00:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-09-16T16:58:53.212Z Atlas analysis updated: 2026-09-16T16:58:53.212Z - Company: ONGold Resources Ltd. - Ticker: ONAU - Exchange: Unavailable - Region: Manitoba - Primary commodity: Gold - Secondary commodities: Tungsten - Document categories: Drill results, Other - Extracted: 2026-09-16 16:58:53 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary ONGold Resources has identified the AZ Zone as a priority near-mine gold drill target at the Monument Bay Gold Project in Manitoba. The company plans to commence a 2,500m diamond drill program in November 2026, supported by a $300k Manitoba government grant. Reasoning: The announcement identifies a priority near-mine target \(AZ Zone\) and announces an upcoming drill program, supported by government funding and geophysical evidence, though the primary news is the intent to drill rather than new assay results. - Positive factor: near-mine target - Positive factor: government grant support - Positive factor: geophysical anomalies identified - Positive factor: QA/QC protocols disclosed - Negative factor: historical data reliance - Negative factor: upcoming drilling not yet completed Facts used in scoring: 6 ## Classification and evidence **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: Release details extensive QA/QC procedures including blanks, standards, duplicates, and secondary lab verification. Evidence · text > Quality assurance and quality control \(“QA/QC”\) procedures were implemented to ensure all work is conducted in accordance with best practices. **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: The AZ Zone is explicitly described as a priority near-mine drill target located 800m from the main Monument Bay Gold Deposit. Evidence · text > identified the AZ Zone as a priority near-mine drill target at the Monument Bay Gold Project ## Extracted facts Stored fact records: 6. Some facts used in scoring do not have a stored record. ## Drill Results (6) ### TL-02-96 [Link to this fact](https://atlas-staging.minestarters.com/news/ongold-identifies-az-zone-as-priority-near-mine-gold-drill-target-at-monument-ba--0d1647eb-7b17-438e-a584-c40a29021fcc#fact-drill-facts-0) Monument Bay · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: TL-02-96 - Project: Monument Bay - Commodity: gold - Region: canada\_mb - Reported Region: canada\_mb - Ticker: ONAU #### Geometry - Grade: 2.1 - Grade Unit: g/t - Intercept: 1.9 m - From: 51 m - To: 52.8 m - Intercept Depth: 51 m #### Classification - Sample Type: drill - Group ID: TL-02-96:51-52.8 #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-09-15T00:00:00.000Z Reasoning: Historical intercept reported as part of target justification. - Positive factor: sub-interval high grade - Negative factor: historical data Evidence · text > hole TL-02-96 that returned 2.10 g/t Au over a sample length of 1.90 m \(incl. 4.78 g/t Au over 0.80 m from 51.0 to 51.8 m\) #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Geological setting and Trench: features gold in sheared conglomerate adjacent to a felsic sill/dyke, with sericite–anker" ### TL-02-96 [Link to this fact](https://atlas-staging.minestarters.com/news/ongold-identifies-az-zone-as-priority-near-mine-gold-drill-target-at-monument-ba--0d1647eb-7b17-438e-a584-c40a29021fcc#fact-drill-facts-1) Monument Bay · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: TL-02-96 - Project: Monument Bay - Commodity: gold - Region: canada\_mb - Reported Region: canada\_mb - Ticker: ONAU #### Geometry - Grade: 4.78 - Grade Unit: g/t - Intercept: 0.8 m - From: 51 m - To: 51.8 m - Intercept Depth: 51 m #### Classification - Sample Type: drill - Group ID: TL-02-96:51-51.8 #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-09-15T00:00:00.000Z Reasoning: High grade sub-interval within a historical hole. - Positive factor: high grade sub-interval - Negative factor: historical data Evidence · text > 4.78 g/t Au over 0.80 m from 51.0 to 51.8 m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Geological setting and Trench: features gold in sheared conglomerate adjacent to a felsic sill/dyke, with sericite–anker" ### TL-06-315 [Link to this fact](https://atlas-staging.minestarters.com/news/ongold-identifies-az-zone-as-priority-near-mine-gold-drill-target-at-monument-ba--0d1647eb-7b17-438e-a584-c40a29021fcc#fact-drill-facts-2) Monument Bay · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: TL-06-315 - Project: Monument Bay - Commodity: gold - Region: canada\_mb - Reported Region: canada\_mb - Ticker: ONAU #### Geometry - Grade: 2.86 - Grade Unit: g/t - Intercept: 0.69 m - From: 125.7 m - To: 126.39 m - Intercept Depth: 125.7 m #### Classification - Sample Type: drill - Group ID: TL-06-315:125.7-126.39 #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-09-15T00:00:00.000Z Reasoning: Historical intercept reported as part of target justification. - Negative factor: historical data Evidence · text > hole TL-06-315 returning 2.86 g/t Au over a sample length of 0.69 m \(125.7 to 126.39 m\) #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Geological setting and Trench: features gold in sheared conglomerate adjacent to a felsic sill/dyke, with sericite–anker" ### Fact 4 [Link to this fact](https://atlas-staging.minestarters.com/news/ongold-identifies-az-zone-as-priority-near-mine-gold-drill-target-at-monument-ba--0d1647eb-7b17-438e-a584-c40a29021fcc#fact-drill-facts-3) Monument Bay · gold #### Identity - Project: Monument Bay - Commodity: gold - Region: canada\_mb - Reported Region: Manitoba - Ticker: ONAU #### Geometry - Grade: 12.97 - Grade Unit: g/t #### Classification - Sample Type: surface #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-15T00:00:00.000Z Reasoning: Historical grab sample grade. - Positive factor: high grade grab - Negative factor: surface sample Evidence · text > Historical grab samples: returned assays up to 12.97 g/t Au #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Geological setting and Trench: features gold in sheared conglomerate adjacent to a felsic sill/dyke, with sericite–anker" ### Fact 5 [Link to this fact](https://atlas-staging.minestarters.com/news/ongold-identifies-az-zone-as-priority-near-mine-gold-drill-target-at-monument-ba--0d1647eb-7b17-438e-a584-c40a29021fcc#fact-drill-facts-4) Monument Bay · gold #### Identity - Project: Monument Bay - Commodity: gold - Region: canada\_mb - Reported Region: Manitoba - Ticker: ONAU #### Geometry - Grade: 10.29 - Grade Unit: g/t - Intercept: 0.5 m #### Classification - Sample Type: channel #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-15T00:00:00.000Z Reasoning: Historical channel sample grade. - Positive factor: high grade channel - Negative factor: historical sample Evidence · text > produced the best channel sample of 10.29 g/t Au over a sample length of 0.50 m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Geological setting and Trench: features gold in sheared conglomerate adjacent to a felsic sill/dyke, with sericite–anker" ### Fact 6 [Link to this fact](https://atlas-staging.minestarters.com/news/ongold-identifies-az-zone-as-priority-near-mine-gold-drill-target-at-monument-ba--0d1647eb-7b17-438e-a584-c40a29021fcc#fact-drill-facts-5) Monument Bay · gold #### Identity - Project: Monument Bay - Commodity: gold - Region: canada\_mb - Reported Region: Manitoba - Ticker: ONAU #### Geometry - Grade: 1.54 - Grade Unit: g/t - Intercept: 0.5 m #### Classification - Sample Type: channel #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-15T00:00:00.000Z Reasoning: Recent channel sample from 2025 mapping. Evidence · text > returned 1.54 g/t Au over a sample length of 0.50 m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Geological setting and Trench: features gold in sheared conglomerate adjacent to a felsic sill/dyke, with sericite–anker" ## 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.