Quadro Announces Remaining 2021 Assay Results from Staghorn, Central Newfoundland Gold District

Original announcement by tmx on Jan 27, 2022

Bullish

Company: Quadro Resources Ltd.
Ticker: QRO
Exchange: TSX
Region: Newfoundland
Primary commodity: Gold
Secondary commodities: None reported
Document categories: Drill results
Extracted: 2026-08-24 08:20:53 UTC

Minestarters Atlas analysis

Summary

Quadro Resources announced remaining 2021 assay results from the Staghorn project in Newfoundland, highlighting a 200m strike extension of the Marks Pond Horizon. Notable intercepts include high-grade gold (29.1 g/t over 0.35m) and evidence of a new high-grade lower zone with visible gold.

Reasoning: The results demonstrate strike extension of the Marks Pond Horizon and include a high-grade sub-interval with visible gold, though the main zone grades are consistent with previous drilling.

Positive factors

Step-Out Extension
Bonanza Intercept
QA/QC Disclosed

Negative factors

Apparent Width Only

Facts used in scoring: 9

Classification and evidence

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: MP21-024 is a 200m step-out from previous drilling, extending the Marks Pond Horizon.

Evidence · text

“200m step-out from previous drilling”

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: MP21-021 returned 29.1 g/t Au, which is exceptionally high for the project context.

Evidence · text

“MP21-021: A high of 29.1 g/t Au over 0.35m”

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 systematic insertion of certified standards and blanks, and uses an ISO 17025 accredited lab.

Evidence · text

“systematic insertion of certified standard reference and blank materials”

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: The document explicitly states that reported drill intercepts are not true widths.

Evidence · text

“Reported drill intercepts are not true widths.”

Extracted facts

Stored fact records: 9. Some facts used in scoring do not have a stored record.

Drill Results (9)

MP21-021Staghorn · goldGrade: 0.33Grade Unit: g/tIntercept: 57 mView all details

Link to this fact

Identity

Hole ID: MP21-021
Project: Staghorn
Commodity: gold
Region: canada_nl
Reported Region: Newfoundland
Ticker: QRO

Geometry

Grade: 0.33
Grade Unit: g/t
Intercept: 57 m
From: 168 m
To: 255 m

Classification

Sample Type: drill
Group ID: MP21-021:168-255
Mining Method: unknown

QA/QC

Laboratory: Actlabs
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks

Review

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

Dates

Event date: 2022-01-27T00:00:00.000Z

Reasoning: Wide but low-grade intercept representing the main zone.

Evidence · table

“0.33”

Context: 57

MP21-021Staghorn · goldGrade: 29.1Grade Unit: g/tIntercept: 0.35 mView all details

Link to this fact

Identity

Hole ID: MP21-021
Project: Staghorn
Commodity: gold
Region: canada_nl
Reported Region: Newfoundland
Ticker: QRO

Geometry

Grade: 29.1
Grade Unit: g/t
Intercept: 0.35 m
From: 222.9 m
To: 223.25 m

Classification

Sample Type: drill
Group ID: MP21-021:222.9-223.25
Mining Method: unknown

QA/QC

Laboratory: Actlabs
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks

Review

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

Dates

Event date: 2022-01-27T00:00:00.000Z

Reasoning: High-grade intercept with visible gold, representing a new lower zone.

Positive factors

Bonanza Intercept

Evidence · table

“29.1”

Context: 0.35

MP21-022Staghorn · goldGrade: 0.61Grade Unit: g/tIntercept: 7 mView all details

Link to this fact

Identity

Hole ID: MP21-022
Project: Staghorn
Commodity: gold
Region: canada_nl
Reported Region: Newfoundland
Ticker: QRO

Geometry

Grade: 0.61
Grade Unit: g/t
Intercept: 7 m
From: 156 m
To: 163 m

Classification

Sample Type: drill
Group ID: MP21-022:156-163
Mining Method: unknown

QA/QC

Laboratory: Actlabs
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks

Review

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

Dates

Event date: 2022-01-27T00:00:00.000Z

Reasoning: Marginal grade intercept.

Evidence · table

“0.61”

Context: 7

MP21-023Staghorn · goldGrade: 1Grade Unit: g/tIntercept: 2 mView all details

Link to this fact

Identity

Hole ID: MP21-023
Project: Staghorn
Commodity: gold
Region: canada_nl
Reported Region: Newfoundland
Ticker: QRO

Geometry

Grade: 1
Grade Unit: g/t
Intercept: 2 m
From: 156 m
To: 158 m

Classification

Sample Type: drill
Group ID: MP21-023:156-158
Mining Method: unknown

QA/QC

Laboratory: Actlabs
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks

Review

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

Dates

Event date: 2022-01-27T00:00:00.000Z

Reasoning: Low grade intercept.

Evidence · table

“1”

Context: 2

MP21-023Staghorn · goldGrade: 0.86Grade Unit: g/tIntercept: 14 mView all details

Link to this fact

Identity

Hole ID: MP21-023
Project: Staghorn
Commodity: gold
Region: canada_nl
Reported Region: Newfoundland
Ticker: QRO

Geometry

Grade: 0.86
Grade Unit: g/t
Intercept: 14 m
From: 210 m
To: 224 m

Classification

Sample Type: drill
Group ID: MP21-023:210-224
Mining Method: unknown

QA/QC

Laboratory: Actlabs
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks

Review

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

Dates

Event date: 2022-01-27T00:00:00.000Z

Reasoning: Moderate width, low grade.

Evidence · table

“0.86”

Context: 14

MP21-023Staghorn · goldGrade: 1.95Grade Unit: g/tIntercept: 6 mView all details

Link to this fact

Identity

Hole ID: MP21-023
Project: Staghorn
Commodity: gold
Region: canada_nl
Reported Region: Newfoundland
Ticker: QRO

Geometry

Grade: 1.95
Grade Unit: g/t
Intercept: 6 m
From: 211 m
To: 217 m

Classification

Sample Type: drill
Group ID: MP21-023:211-217
Mining Method: unknown

QA/QC

Laboratory: Actlabs
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks

Review

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

Dates

Event date: 2022-01-27T00:00:00.000Z

Reasoning: Solid grade for the zone.

Evidence · table

“1.95”

Context: 6

MP21-023Staghorn · goldGrade: 8.73Grade Unit: g/tIntercept: 0.75 mView all details

Link to this fact

Identity

Hole ID: MP21-023
Project: Staghorn
Commodity: gold
Region: canada_nl
Reported Region: Newfoundland
Ticker: QRO

Geometry

Grade: 8.73
Grade Unit: g/t
Intercept: 0.75 m
From: 211 m
To: 211.75 m

Classification

Sample Type: drill
Group ID: MP21-023:211-211.75
Mining Method: unknown

QA/QC

Laboratory: Actlabs
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks

Review

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

Dates

Event date: 2022-01-27T00:00:00.000Z

Reasoning: High grade but very narrow intercept.

Evidence · table

“8.73”

Context: 0.75

MP21-024Staghorn · goldGrade: 0.62Grade Unit: g/tIntercept: 9.7 mView all details

Link to this fact

Identity

Hole ID: MP21-024
Project: Staghorn
Commodity: gold
Region: canada_nl
Reported Region: Newfoundland
Ticker: QRO

Geometry

Grade: 0.62
Grade Unit: g/t
Intercept: 9.7 m
From: 121.3 m
To: 131 m

Classification

Sample Type: drill
Group ID: MP21-024:121.3-131
Mining Method: unknown

QA/QC

Laboratory: Actlabs
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks

Review

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

Dates

Event date: 2022-01-27T00:00:00.000Z

Reasoning: Step-out drilling extending the horizon strike.

Positive factors

Step-Out Extension

Evidence · table

“0.62”

Context: 9.7

MP21-024Staghorn · goldGrade: 4.79Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: MP21-024
Project: Staghorn
Commodity: gold
Region: canada_nl
Reported Region: Newfoundland
Ticker: QRO

Geometry

Grade: 4.79
Grade Unit: g/t
Intercept: 1 m
From: 123 m
To: 124 m

Classification

Sample Type: drill
Group ID: MP21-024:123-124
Mining Method: unknown

QA/QC

Laboratory: Actlabs
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks

Review

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

Dates

Event date: 2022-01-27T00:00:00.000Z

Reasoning: High grade sub-interval within a step-out hole.

Negative factors

Apparent Width Only

Evidence · table

“4.79”

Context: 1

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.