# Quadro Shares Results from Its Optioned Staghorn Property

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/quadro-shares-results-from-its-optioned-staghorn-property--221d0abb-3e48-4dde-be27-3faffb74b742

Original source: https://money.tmx.com/en/quote/QRO/news/7650106751044239/quadro-shares-results-from-its-optioned-staghorn-property

Publisher: tmx

Original announcement: 2023-01-16T12:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Quadro Resources Ltd.

- Ticker: QRO

- Exchange: TSX

- Region: Central Newfoundland

- Primary commodity: Gold

- Secondary commodities: None reported

- Document categories: Drill results

- Extracted: 2026-08-24 08:22:05 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Quadro Resources has announced high-grade gold channel sampling results from the newly discovered Northcott Gold Zone at the Staghorn property. The zone features significant gold grades, including 57.6 g/t Au over 2.5 m, and represents a new brittle-ductile shear zone discovery northwest of the Mark's Pond zone.

Reasoning: Discovery of a new high-grade gold zone \(Northcott Gold Zone\) with bonanza-grade channel samples \(up to 141 g/t Au\) extending the known mineralized footprint.

- Positive factor: Bonanza grade intercepts

- Positive factor: Step-out extension

- Positive factor: QA/QC Disclosed

Facts used in scoring: 6

## Classification and evidence

**Bonanza Intercept**

Polarity: positive

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

Why it applies: Intercepts such as 141 g/t Au and 90 g/t Au are exceptionally high-grade.

Evidence · text

> 141 g/t Au over 1.0 m

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: The Northcott Gold Zone is a newly discovered zone 130m northwest of the main Mark's Pond Shear zone.

Evidence · text

> newly uncovered brittle-ductile shear zone located 130 m northwest of the Mark's Pond Gold Zone

**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 mentions a full QAQC program was implemented and total pulp metallics analysis was used.

Evidence · text

> A full QAQC program was implemented

## 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-shares-results-from-its-optioned-staghorn-property--221d0abb-3e48-4dde-be27-3faffb74b742#fact-drill-facts-0)

gold

#### Identity

- Commodity: gold
- Ticker: QRO

#### Geometry

- Grade: 57.6
- Grade Unit: g/t
- Intercept: 2.5 m

#### Classification

- Sample Type: channel
- Group ID: channel:Northcott

#### Review

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

#### Dates

- Event date: 2023-01-16T00:00:00.000Z

Reasoning: 57.6 g/t Au over 2.5 m is an exceptional grade for this deposit type.

- Positive factor: Bonanza Intercept

Evidence · text

> 57.6 g/t Au over 2.5 m

### Fact 2

[Link to this fact](https://atlas-staging.minestarters.com/news/quadro-shares-results-from-its-optioned-staghorn-property--221d0abb-3e48-4dde-be27-3faffb74b742#fact-drill-facts-1)

gold

#### Identity

- Commodity: gold
- Ticker: QRO

#### Geometry

- Grade: 141
- Grade Unit: g/t
- Intercept: 1 m

#### Classification

- Sample Type: channel
- Group ID: channel:Northcott

#### Review

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

#### Dates

- Event date: 2023-01-16T00:00:00.000Z

Reasoning: 141 g/t Au is an exceptionally high grade.

- Positive factor: Bonanza Intercept

Evidence · text

> 141 g/t Au over 1.0 m

### Fact 3

[Link to this fact](https://atlas-staging.minestarters.com/news/quadro-shares-results-from-its-optioned-staghorn-property--221d0abb-3e48-4dde-be27-3faffb74b742#fact-drill-facts-2)

gold

#### Identity

- Commodity: gold
- Ticker: QRO

#### Geometry

- Grade: 34
- Grade Unit: g/t
- Intercept: 2 m

#### Classification

- Sample Type: channel
- Group ID: channel:Northcott

#### Review

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

#### Dates

- Event date: 2023-01-16T00:00:00.000Z

Reasoning: 34.0 g/t Au over 2.0 m is a very strong intercept.

- Positive factor: Bonanza Intercept

Evidence · text

> 34.0 g/t Au over 2.0 m

### Fact 4

[Link to this fact](https://atlas-staging.minestarters.com/news/quadro-shares-results-from-its-optioned-staghorn-property--221d0abb-3e48-4dde-be27-3faffb74b742#fact-drill-facts-3)

gold

#### Identity

- Commodity: gold
- Ticker: QRO

#### Geometry

- Grade: 65.4
- Grade Unit: g/t
- Intercept: 1 m

#### Classification

- Sample Type: channel
- Group ID: channel:Northcott

#### Review

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

#### Dates

- Event date: 2023-01-16T00:00:00.000Z

Reasoning: 65.4 g/t Au is an exceptional grade.

- Positive factor: Bonanza Intercept

Evidence · text

> 65.4 g/t Au over 1.0 m

### Fact 5

[Link to this fact](https://atlas-staging.minestarters.com/news/quadro-shares-results-from-its-optioned-staghorn-property--221d0abb-3e48-4dde-be27-3faffb74b742#fact-drill-facts-4)

gold

#### Identity

- Commodity: gold
- Ticker: QRO

#### Geometry

- Grade: 23.5
- Grade Unit: g/t
- Intercept: 2 m

#### Classification

- Sample Type: channel
- Group ID: channel:Northcott

#### Review

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

#### Dates

- Event date: 2023-01-16T00:00:00.000Z

Reasoning: 23.5 g/t Au over 2.0 m is a strong intercept.

Evidence · text

> 23.5 g/t Au over 2.0 m

### Fact 6

[Link to this fact](https://atlas-staging.minestarters.com/news/quadro-shares-results-from-its-optioned-staghorn-property--221d0abb-3e48-4dde-be27-3faffb74b742#fact-drill-facts-5)

gold

#### Identity

- Commodity: gold
- Ticker: QRO

#### Geometry

- Grade: 90
- Grade Unit: g/t
- Intercept: 0.5 m

#### Classification

- Sample Type: channel
- Group ID: channel:Northcott

#### Review

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

#### Dates

- Event date: 2023-01-16T00:00:00.000Z

Reasoning: 90 g/t Au is an exceptionally high grade.

- Positive factor: Bonanza Intercept

Evidence · text

> 90 g/t Au over 0.5 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.
