# 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--73a062fc-58ae-471c-a853-94d1c8d38e4e Original source: https://orestocks.com/company/ONAU.V/press-releases/5673557117610858 Publisher: orestocks Original announcement: 2026-09-15T11:30:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: ONGold Resources Ltd. - Ticker: ONAU.V - Exchange: Unavailable - Region: Manitoba - Primary commodity: Gold - Secondary commodities: Tungsten - Document categories: Drill results, Other - Extracted: 2026-09-15 12:53:01 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary ONGold Resources Ltd. has identified the AZ Zone at the Monument Bay Gold Project as a priority near-mine drill target, supported by geophysical anomalies and historical high-grade sampling. The company will commence a 2,500m diamond drill program in November 2026 and has received a $300k grant from the Manitoba government. Reasoning: The announcement identifies a priority drill target based on historical data and geophysics, supported by government funding, but lacks new assay results from the current period. - Positive factor: High-grade historical grab samples \(12.97 g/t Au\) - Positive factor: Strong government support via $300k grant - Positive factor: Near-mine target location with geophysical anomalies - Positive factor: QA/QC protocols and QP sign-off disclosed - Negative factor: Most high-grade intercepts are historical and not new assays - Negative factor: True widths for historical intercepts not determined Facts used in scoring: 6 ## Classification and evidence No classification tags are available. ## Extracted facts Stored fact records: 6. Some facts used in scoring do not have a stored record. ## Drill Results (6) ### Fact 1 [Link to this fact](https://atlas-staging.minestarters.com/news/ongold-identifies-az-zone-as-priority-near-mine-gold-drill-target-at-monument-ba--73a062fc-58ae-471c-a853-94d1c8d38e4e#fact-drill-facts-0) Monument Bay Gold Project · gold #### Identity - Project: Monument Bay Gold Project - Commodity: gold - Region: canada\_mb - Reported Region: Manitoba - Ticker: ONAU.V #### 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 returned high-grade gold. - Positive factor: High grade grab sample - Negative factor: Historical data 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-" ### 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--73a062fc-58ae-471c-a853-94d1c8d38e4e#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.V #### Geometry - Grade: 2.1 - Grade Unit: g/t - Intercept: 1.9 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: Historical drill intercept. - Negative factor: Historical data - Negative factor: Apparent width only Evidence · text > hole TL-02-96 that returned 2.10 g/t Au over a sample length of 1.90 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-" ### 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--73a062fc-58ae-471c-a853-94d1c8d38e4e#fact-drill-facts-2) 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.V #### 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 inclusion within historical intercept. - Negative factor: Historical data Evidence · text > 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-" ### 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--73a062fc-58ae-471c-a853-94d1c8d38e4e#fact-drill-facts-3) 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.V #### 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 drill intercept. - 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-" ### 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--73a062fc-58ae-471c-a853-94d1c8d38e4e#fact-drill-facts-4) Monument Bay Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Monument Bay Gold Project - Commodity: gold - Region: canada\_mb - Reported Region: Manitoba - Ticker: ONAU.V #### Geometry - Grade: 10.29 - Grade Unit: g/t - Intercept: 0.5 m #### Classification - Sample Type: channel #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-09-15T00:00:00.000Z Reasoning: Historical best channel sample. - Positive factor: High grade channel sample - Negative factor: Historical data 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 **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-" ### 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--73a062fc-58ae-471c-a853-94d1c8d38e4e#fact-drill-facts-5) Monument Bay Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Monument Bay Gold Project - Commodity: gold - Region: canada\_mb - Reported Region: Manitoba - Ticker: ONAU.V #### Geometry - Grade: 1.54 - Grade Unit: g/t - Intercept: 0.5 m #### Classification - Sample Type: channel #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-09-15T00:00:00.000Z Reasoning: Historical channel sample. - Negative factor: Historical data 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 **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-" ## 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.