# Quadro Comments on Its End of 2021 Drill Program at Long Lake and Staghorn, Newfoundland Gold Belt Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/quadro-comments-on-its-end-of-2021-drill-program-at-long-lake-and-staghorn-newfo--87dbdab3-6af1-4cc9-b3cf-a37d7e3f6157 Original source: https://money.tmx.com/en/quote/QRO/news/6116907262006676/quadro-comments-on-its-end-of-2021-drill-program-at-long-lake-and-staghorn-newfo Publisher: tmx Original announcement: 2021-11-10T12:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Quadro Resources Ltd. - Ticker: QRO - Exchange: TSX - Region: Newfoundland - Primary commodity: Gold - Secondary commodities: Pyrite - Document categories: Drill results, Other - Extracted: 2026-08-24 08:22:17 UTC Narrative sentiment: 0.20 · Bullish ## Minestarters Atlas summary Quadro Resources has completed its 2021 drill program at the Long Lake and Staghorn projects in Newfoundland. While all holes intersected targeted mineralization and some showed visible gold, the company is currently awaiting assay results due to laboratory backlogs. Reasoning: The company completed a drill program but has not yet released the actual assay results; the news is primarily a progress update on program completion and geological observations. - Positive factor: all holes hit targeted mineralization - Positive factor: visible gold identified - Negative factor: assay results are pending - Negative factor: lab delays Facts used in scoring: 6 ## Classification and evidence **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: The program is described as completing the inaugural and second drill programs, targeting known mineralization. Evidence · text > completed its inaugural drill program at Long Lake and the second drill program of 2021 at its Staghorn project ## 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/quadro-comments-on-its-end-of-2021-drill-program-at-long-lake-and-staghorn-newfo--87dbdab3-6af1-4cc9-b3cf-a37d7e3f6157#fact-drill-facts-0) Long Lake · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Long Lake - Commodity: gold - Region: canada\_nl - Reported Region: Newfoundland - Ticker: QRO #### Classification - Program: exploration - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: zero\_all - Historical: No #### Dates - Event date: 2021-11-10T00:00:00.000Z Reasoning: Assay results are pending; no numeric grades reported for this specific program. Evidence · text > A total of nine holes were completed \(five at Long Lake and four at Staghorn\) and the Company is currently awaiting assay results. ### Fact 2 [Link to this fact](https://atlas-staging.minestarters.com/news/quadro-comments-on-its-end-of-2021-drill-program-at-long-lake-and-staghorn-newfo--87dbdab3-6af1-4cc9-b3cf-a37d7e3f6157#fact-drill-facts-1) Staghorn · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Staghorn - Commodity: gold - Region: canada\_nl - Reported Region: Newfoundland - Ticker: QRO #### Classification - Program: exploration - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: zero\_all - Historical: No #### Dates - Event date: 2021-11-10T00:00:00.000Z Reasoning: Assay results are pending; no numeric grades reported for this specific program. Evidence · text > A total of nine holes were completed \(five at Long Lake and four at Staghorn\) and the Company is currently awaiting assay results. ### MP20-02 [Link to this fact](https://atlas-staging.minestarters.com/news/quadro-comments-on-its-end-of-2021-drill-program-at-long-lake-and-staghorn-newfo--87dbdab3-6af1-4cc9-b3cf-a37d7e3f6157#fact-drill-facts-2) Staghorn · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: MP20-02 - Project: Staghorn - Commodity: gold - Region: canada\_nl - Reported Region: Newfoundland - Ticker: QRO #### Geometry - Grade: 10.1 - Grade Unit: g/t - Intercept: 1 m #### Classification - Sample Type: drill - Group ID: MP20-02:null-null #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2020-12-31T00:00:00.000Z #### Dates - Event date: 2021-11-10T00:00:00.000Z Reasoning: High grade intercept reported in historical summary. - Positive factor: strong grade for interval Evidence · text > hole MP20-02 intersected 10.1 g/t over 1.0m ### MP20-02 [Link to this fact](https://atlas-staging.minestarters.com/news/quadro-comments-on-its-end-of-2021-drill-program-at-long-lake-and-staghorn-newfo--87dbdab3-6af1-4cc9-b3cf-a37d7e3f6157#fact-drill-facts-3) Staghorn · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: MP20-02 - Project: Staghorn - Commodity: gold - Region: canada\_nl - Reported Region: Newfoundland - Ticker: QRO #### Geometry - Grade: 3.22 - Grade Unit: g/t - Intercept: 5 m #### Classification - Sample Type: drill - Group ID: MP20-02:null-null #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2020-12-31T00:00:00.000Z #### Dates - Event date: 2021-11-10T00:00:00.000Z Reasoning: Moderate grade intercept reported in historical summary. - Positive factor: good width Evidence · text > within a wider interval of 3.22 g/t Au over 5.0 m ### Fact 5 [Link to this fact](https://atlas-staging.minestarters.com/news/quadro-comments-on-its-end-of-2021-drill-program-at-long-lake-and-staghorn-newfo--87dbdab3-6af1-4cc9-b3cf-a37d7e3f6157#fact-drill-facts-4) Staghorn · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Staghorn - Commodity: gold - Region: canada\_nl - Reported Region: Newfoundland - Ticker: QRO #### Geometry - Grade: 20.37 - Grade Unit: g/t - Intercept: 0.5 m #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2021-05-25T00:00:00.000Z #### Dates - Event date: 2021-11-10T00:00:00.000Z Reasoning: High grade intercept reported in historical summary. - Positive factor: high grade - Negative factor: narrow width Evidence · text > intersections of 20.37 g/t Au over 0.5 m ### Fact 6 [Link to this fact](https://atlas-staging.minestarters.com/news/quadro-comments-on-its-end-of-2021-drill-program-at-long-lake-and-staghorn-newfo--87dbdab3-6af1-4cc9-b3cf-a37d7e3f6157#fact-drill-facts-5) Staghorn · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Staghorn - Commodity: gold - Region: canada\_nl - Reported Region: Newfoundland - Ticker: QRO #### Geometry - Grade: 3.89 - Grade Unit: g/t - Intercept: 2.5 m #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2021-05-25T00:00:00.000Z #### Dates - Event date: 2021-11-10T00:00:00.000Z Reasoning: Moderate grade intercept reported in historical summary. Evidence · text > and 3.89 g/t Au over 2.5 m ## 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.