Quadro Intersects 20.37 g/t Au over 0.5 m and 3.89 g/t Au over 2.5 m in Undercut Drill Holes at Staghorn Gold Project in the Central Newfoundland Gold Belt

Original announcement by tmx on

Company
Quadro Resources Ltd.
Ticker
QRO
Exchange
TSX
Region
Newfoundland
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Drill results, Other
Extracted
2026-08-24 08:40:28 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Quadro Resources reported successful winter drilling at the Staghorn Gold Project, extending the Marks Pond zone 300 meters to the northeast. Notable results include a 20.37 g/t Au intercept over 0.5m in an undercut hole and high-grade continuity in the southwest portion of the zone.

Reasoning: The program successfully extended the Marks Pond zone by 300m and identified high-grade intercepts via undercut drilling, including a 20.37 g/t Au interval.

Positive factors

  • high-grade intercept
  • step-out extension
  • undercut success
  • QA/QC disclosed

Facts used in scoring: 13

Atlas analysis — Quadro Resources Ltd.: Quadro Intersects 20.37 g/t Au over 0.5 m and 3.89 g/t Au over 2.5 m in Undercut Drill Holes at Staghorn Gold Project in the Central Newfoundland Gold Belt. 1.23 g/t over 15 m; 0.53 g/t over 23.85 m; 1.13 g/t over 6.53 m

Classification and evidence

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release mentions systematic insertion of certified standards and blanks, and uses an ISO 17025 accredited lab.

Evidence · text

“Quadro has implemented a quality control program... systematic insertion of certified standard reference and blank materials”

Bonanza Interceptpositive

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

Why it applies: 20.37 g/t Au is exceptionally high grade.

Evidence · table

“20.37”

Context: 0.5

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: Drilling succeeded in extending the Marks Pond Zone 300 meters to the northeast.

Evidence · text

“The drilling was successful in extending the Marks Pond Zone 300 meters to the northeast.”

Extracted facts

Stored fact records: 13. Some facts used in scoring do not have a stored record.

Drill Results (13)

MP21-11Staghorn Gold Project · goldGrade: 1.5Grade Unit: g/tIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
MP21-11
Project
Staghorn Gold Project
Commodity
gold
Region
canada_nl
Reported Region
Newfoundland
Ticker
QRO

Geometry

Grade
1.5
Grade Unit
g/t
Intercept
1.5 m
From
59.5 m
To
62 m

Classification

Program
exploration
Sample Type
drill

QA/QC

Laboratory
Eastern Analytical
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
2021-05-25T00:00:00.000Z

Reasoning: Routine exploration intercept.

Evidence · table

“1.50”

Context: 1.5

MP22-12Staghorn Gold Project · goldGrade: 2.42Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
MP22-12
Project
Staghorn Gold Project
Commodity
gold
Region
canada_nl
Reported Region
Newfoundland
Ticker
QRO

Geometry

Grade
2.42
Grade Unit
g/t
Intercept
3 m
From
48 m
To
51 m

Classification

Program
exploration
Sample Type
drill

QA/QC

Laboratory
Eastern Analytical
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
2021-05-25T00:00:00.000Z

Reasoning: Moderate grade exploration intercept.

Evidence · table

“2.42”

Context: 3.0

MP21-13Staghorn Gold Project · goldGrade: 0.54Grade Unit: g/tIntercept: 8 mView all details
Link to this fact

Identity

Hole ID
MP21-13
Project
Staghorn Gold Project
Commodity
gold
Region
canada_nl
Reported Region
Newfoundland
Ticker
QRO

Geometry

Grade
0.54
Grade Unit
g/t
Intercept
8 m
From
65 m
To
73 m

Classification

Program
exploration
Sample Type
drill

QA/QC

Laboratory
Eastern Analytical
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
2021-05-25T00:00:00.000Z

Reasoning: Low grade intercept.

Evidence · table

“0.54”

Context: 8.0

MP21-14Staghorn Gold Project · goldGrade: 1.15Grade Unit: g/tIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
MP21-14
Project
Staghorn Gold Project
Commodity
gold
Region
canada_nl
Reported Region
Newfoundland
Ticker
QRO

Geometry

Grade
1.15
Grade Unit
g/t
Intercept
1.5 m
From
80 m
To
81.5 m

Classification

Program
exploration
Sample Type
drill

QA/QC

Laboratory
Eastern Analytical
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
2021-05-25T00:00:00.000Z

Reasoning: Routine exploration intercept.

Evidence · table

“1.15”

Context: 1.5

MP21-15Staghorn Gold Project · goldGrade: 2.32Grade Unit: g/tIntercept: 1.55 mView all details
Link to this fact

Identity

Hole ID
MP21-15
Project
Staghorn Gold Project
Commodity
gold
Region
canada_nl
Reported Region
Newfoundland
Ticker
QRO

Geometry

Grade
2.32
Grade Unit
g/t
Intercept
1.55 m
From
93 m
To
94.55 m

Classification

Program
exploration
Sample Type
drill

QA/QC

Laboratory
Eastern Analytical
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
2021-05-25T00:00:00.000Z

Reasoning: Moderate grade exploration intercept.

Evidence · table

“2.32”

Context: 1.55

MP21-16Staghorn Gold Project · goldGrade: 2.41Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
MP21-16
Project
Staghorn Gold Project
Commodity
gold
Region
canada_nl
Reported Region
Newfoundland
Ticker
QRO

Geometry

Grade
2.41
Grade Unit
g/t
Intercept
2 m
From
6 m
To
8 m

Classification

Program
exploration
Sample Type
drill

QA/QC

Laboratory
Eastern Analytical
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
2021-05-25T00:00:00.000Z

Reasoning: Moderate grade exploration intercept.

Evidence · table

“2.41”

Context: 2.0

MP21-17Staghorn Gold Project · goldGrade: 1.13Grade Unit: g/tIntercept: 6.53 mView all details
Link to this fact

Identity

Hole ID
MP21-17
Project
Staghorn Gold Project
Commodity
gold
Region
canada_nl
Reported Region
Newfoundland
Ticker
QRO

Geometry

Grade
1.13
Grade Unit
g/t
Intercept
6.53 m
From
59.47 m
To
66 m

Classification

Program
exploration
Sample Type
drill

QA/QC

Laboratory
Eastern Analytical
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
2021-05-25T00:00:00.000Z

Reasoning: Routine exploration intercept.

Evidence · table

“1.13”

Context: 6.53

MP21-17Staghorn Gold Project · goldGrade: 4.57Grade Unit: g/tIntercept: 1.53 mView all details
Link to this fact

Identity

Hole ID
MP21-17
Project
Staghorn Gold Project
Commodity
gold
Region
canada_nl
Reported Region
Newfoundland
Ticker
QRO

Geometry

Grade
4.57
Grade Unit
g/t
Intercept
1.53 m
From
59.47 m
To
61 m

Classification

Program
exploration
Sample Type
drill

QA/QC

Laboratory
Eastern Analytical
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
2021-05-25T00:00:00.000Z

Reasoning: Strong grade sub-interval.

Evidence · table

“4.57”

Context: 1.53

MP20-18Staghorn Gold Project · goldGrade: 0.53Grade Unit: g/tIntercept: 23.85 mView all details
Link to this fact

Identity

Hole ID
MP20-18
Project
Staghorn Gold Project
Commodity
gold
Region
canada_nl
Reported Region
Newfoundland
Ticker
QRO

Geometry

Grade
0.53
Grade Unit
g/t
Intercept
23.85 m
From
79.65 m
To
103.3 m

Classification

Program
exploration
Sample Type
drill

QA/QC

Laboratory
Eastern Analytical
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
2021-05-25T00:00:00.000Z

Reasoning: Wide low-grade intercept.

Evidence · table

“0.53”

Context: 23.85

MP20-18Staghorn Gold Project · goldGrade: 20.37Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
MP20-18
Project
Staghorn Gold Project
Commodity
gold
Region
canada_nl
Reported Region
Newfoundland
Ticker
QRO

Geometry

Grade
20.37
Grade Unit
g/t
Intercept
0.5 m
From
82 m
To
82.5 m

Classification

Program
exploration
Sample Type
drill

QA/QC

Laboratory
Eastern Analytical
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
2021-05-25T00:00:00.000Z

Reasoning: Exceptionally high-grade intercept (20.37 g/t Au).

Positive factors

  • Bonanza Intercept

Evidence · table

“20.37”

Context: 0.5

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Bonanza InterceptRejected · positive

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

Reason: 20.37 g/t Au is exceptionally high grade.

Evidence · table

“20.37”

Context: 0.5

MP21-19Staghorn Gold Project · goldGrade: 1.46Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
MP21-19
Project
Staghorn Gold Project
Commodity
gold
Region
canada_nl
Reported Region
Newfoundland
Ticker
QRO

Geometry

Grade
1.46
Grade Unit
g/t
Intercept
3 m
From
77 m
To
80 m

Classification

Program
exploration
Sample Type
drill

QA/QC

Laboratory
Eastern Analytical
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
2021-05-25T00:00:00.000Z

Reasoning: Routine exploration intercept.

Evidence · table

“1.46”

Context: 3.0

MP21-20Staghorn Gold Project · goldGrade: 1.23Grade Unit: g/tIntercept: 15 mView all details
Link to this fact

Identity

Hole ID
MP21-20
Project
Staghorn Gold Project
Commodity
gold
Region
canada_nl
Reported Region
Newfoundland
Ticker
QRO

Geometry

Grade
1.23
Grade Unit
g/t
Intercept
15 m
From
109 m
To
124 m

Classification

Program
exploration
Sample Type
drill

QA/QC

Laboratory
Eastern Analytical
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
2021-05-25T00:00:00.000Z

Reasoning: Wide low-grade intercept.

Evidence · table

“1.23”

Context: 15.0

MP21-20Staghorn Gold Project · goldGrade: 3.89Grade Unit: g/tIntercept: 2.5 mView all details
Link to this fact

Identity

Hole ID
MP21-20
Project
Staghorn Gold Project
Commodity
gold
Region
canada_nl
Reported Region
Newfoundland
Ticker
QRO

Geometry

Grade
3.89
Grade Unit
g/t
Intercept
2.5 m
From
114 m
To
116.5 m

Classification

Program
exploration
Sample Type
drill

QA/QC

Laboratory
Eastern Analytical
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
2021-05-25T00:00:00.000Z

Reasoning: Strong grade sub-interval in an undercut hole.

Evidence · table

“3.89”

Context: 2.5

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.