Pirate Gold reports drill results from Crippleback at its Treasure Island project in Newfoundland

Original announcement by canadianminingjournal on

Company
Pirate Gold
Ticker
YARR
Exchange
TSXV
Region
Newfoundland
Primary commodity
Copper
Secondary commodities
Gold
Document categories
Drill results, Other
Extracted
2026-10-01 01:29:31 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Pirate Gold has reported significant copper-gold mineralization from its first drill holes at the Moby Dick alteration zone within the Treasure Island project in Newfoundland. The results include broad copper-equivalent intercepts exceeding 100 metres in width, confirming a large and open hydrothermal system.

Reasoning: First drill holes at the Moby Dick target returned significant copper-equivalent intercepts over very large widths, confirming a robust hydrothermal system.

Positive factors

  • significant copper-gold mineralization
  • broad alteration zone confirmed
  • large strike length and width
  • system remains open

Facts used in scoring: 4

Classification and evidence

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: First drill holes completed at the Moby Dick alteration zone, representing new discovery/extension.

Evidence · text

“reported broad copper-gold mineralization from the first drill holes completed at the Moby Dick alteration zone”

Extracted facts

Stored fact records: 4. Some facts used in scoring do not have a stored record.

Drill Results (4)

PGC-26-058Treasure Island · copperGrade: 0.38Grade Unit: %Intercept: 112.4 mView all details
Link to this fact

Identity

Hole ID
PGC-26-058
Project
Treasure Island
Commodity
copper
Region
canada_nl
Reported Region
canada_nl
Ticker
YARR

Geometry

Grade
0.38
Grade Unit
%
Intercept
112.4 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
drill
Mining Method
open_pit

QA/QC

QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-22T00:00:00.000Z

Reasoning: Significant copper-equivalent intercept over a very wide interval (112.4m).

Positive factors

  • broad intercept width

Evidence · text

“0.38% copper equivalent over 112.4 metres”

Tags used in scoring

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: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Credit: Pirate Gold The company said the Treasure Island project covers more than 90 km of strike length along the Valen"

PGC-26-058Treasure Island · copperGrade: 0.72Grade Unit: %Intercept: 45 mView all details
Link to this fact

Identity

Hole ID
PGC-26-058
Project
Treasure Island
Commodity
copper
Region
canada_nl
Reported Region
canada_nl
Ticker
YARR

Geometry

Grade
0.72
Grade Unit
%
Intercept
45 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
drill
Mining Method
open_pit

QA/QC

QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-22T00:00:00.000Z

Reasoning: Strong copper-equivalent sub-interval within the larger intercept.

Positive factors

  • high-grade sub-interval

Evidence · text

“including 0.72% copper equivalent over 45.0 metres in hole PGC-26-058”

Tags used in scoring

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: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Credit: Pirate Gold The company said the Treasure Island project covers more than 90 km of strike length along the Valen"

PGC-26-068Treasure Island · copperGrade: 0.54Grade Unit: %Intercept: 180.8 mView all details
Link to this fact

Identity

Hole ID
PGC-26-068
Project
Treasure Island
Commodity
copper
Region
canada_nl
Reported Region
canada_nl
Ticker
YARR

Geometry

Grade
0.54
Grade Unit
%
Intercept
180.8 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
drill
Mining Method
open_pit

QA/QC

QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-22T00:00:00.000Z

Reasoning: Very large copper-equivalent intercept (180.8m) confirming scale.

Positive factors

  • extremely broad intercept width

Evidence · text

“0.54% copper equivalent over 180.8 metres”

Tags used in scoring

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: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Credit: Pirate Gold The company said the Treasure Island project covers more than 90 km of strike length along the Valen"

PGC-26-068Treasure Island · copperGrade: 1.48Grade Unit: %Intercept: 49.4 mView all details
Link to this fact

Identity

Hole ID
PGC-26-068
Project
Treasure Island
Commodity
copper
Region
canada_nl
Reported Region
canada_nl
Ticker
YARR

Geometry

Grade
1.48
Grade Unit
%
Intercept
49.4 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
drill
Mining Method
open_pit

QA/QC

QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-22T00:00:00.000Z

Reasoning: High-grade copper-equivalent sub-interval in a broad intercept.

Positive factors

  • high-grade sub-interval

Evidence · text

“including 1.48% copper equivalent over 49.4 metres in hole PGC-26-068”

Tags used in scoring

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: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Credit: Pirate Gold The company said the Treasure Island project covers more than 90 km of strike length along the Valen"

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.