# QcX Gold Completes Diamond Drilling at Golden Giant, James Bay, Quebec, Awaits Assays

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/qcx-gold-completes-diamond-drilling-at-golden-giant-james-bay-quebec-awaits-assa--0af28943-d33c-415c-8fda-67e95326d116

Original source: https://money.tmx.com/en/quote/QCX/news/8550542437658116/qcx-gold-completes-diamond-drilling-at-golden-giant-james-bay-quebec-awaits-assa

Publisher: tmx

Original announcement: 2021-07-20T10:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: QcX Gold Corp.

- Ticker: QCX

- Exchange: TSX

- Region: James Bay, Quebec

- Primary commodity: Gold

- Secondary commodities: Copper, Iron ore

- Document categories: Drill results

- Extracted: 2026-08-24 08:22:36 UTC

Narrative sentiment: 0.20 · Bullish

## Minestarters Atlas summary

QcX Gold has completed its inaugural 3,011m diamond drilling program at the Golden Giant Project in Quebec. While visual mineralization including sulphides and disseminated styles was observed, the company is currently awaiting assay results to confirm grades.

Reasoning: The company completed its first drill program and reports favourable visual mineralization, but actual grades are pending assay results.

- Positive factor: completion of inaugural drill program

- Positive factor: favourable mineralization encountered

- Positive factor: proximity to Patwon discovery

- Negative factor: no assay results reported yet

- Negative factor: mineralization described qualitatively

Facts used in scoring: 2

## 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: The release includes a sign-off by a Qualified Person \(Maxime Bouchard P.Geo.\)

Evidence · text

> Qualified Person Maxime Bouchard P.Geo... has reviewed and approved the geological information reported in this news release.

**Nearology Play**

Polarity: neutral

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

Why it applies: The project is located only 2.9 km from Azimut Exploration's Patwon discovery.

Evidence · text

> The GGEast Block is located only 2.9 km from Azimut Exploration Inc.'s Patwon discovery

## Extracted facts

Stored fact records: 2. Some facts used in scoring do not have a stored record.

## Drill Results (2)

### GG-21-03

[Link to this fact](https://atlas-staging.minestarters.com/news/qcx-gold-completes-diamond-drilling-at-golden-giant-james-bay-quebec-awaits-assa--0af28943-d33c-415c-8fda-67e95326d116#fact-drill-facts-0)

Golden Giant · arsenic

#### Identity

- Hole ID: GG-21-03
- Project: Golden Giant
- Commodity: arsenic
- Region: canada\_qc
- Reported Region: James Bay, Quebec
- Ticker: QCX

#### Geometry

- Grade: 2
- Grade Unit: %

#### Classification

- Sample Type: drill
- Mining Method: unknown

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-07-20T00:00:00.000Z

Reasoning: Local presence of arsenopyrite noted in drillhole GG-21-03.

- Positive factor: arsenopyrite can be associated with gold

- Negative factor: arsenic is a deleterious element

Evidence · text

> Disseminated arsenopyrite \(up to 2%\) was locally found in GG-21-03

### GG-21-03

[Link to this fact](https://atlas-staging.minestarters.com/news/qcx-gold-completes-diamond-drilling-at-golden-giant-james-bay-quebec-awaits-assa--0af28943-d33c-415c-8fda-67e95326d116#fact-drill-facts-1)

Golden Giant · pyrite

#### Identity

- Hole ID: GG-21-03
- Project: Golden Giant
- Commodity: pyrite
- Region: canada\_qc
- Reported Region: James Bay, Quebec
- Ticker: QCX

#### Geometry

- Grade: 15
- Grade Unit: %

#### Classification

- Sample Type: drill
- Mining Method: unknown

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-07-20T00:00:00.000Z

Reasoning: High local pyrite dissemination observed in GG-21-03.

- Positive factor: high sulphide content

Evidence · text

> Disseminations of pyrite and pyrrhotite \(commonly 1-5%, but ranging up to 15% locally\) were observed throughout drillholes GG-21-01, GG-21-02 and GG-21-03

## 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.