Richmond Minerals Inc. Announces Highest Grade Intersection to date with 18.2 g/t Gold over 3 metres at the Ridley Lake Project

Original announcement by tmx on May 6, 2021

Bullish

Company: Richmond Minerals Inc.
Ticker: RMD
Exchange: TSX
Region: Ontario
Primary commodity: Gold
Secondary commodities: None reported
Document categories: Drill results
Extracted: 2026-08-26 07:04:57 UTC

Minestarters Atlas analysis

Summary

Richmond Minerals announced high-grade gold drill results at the Ridley Lake Project in Ontario, highlighted by an 18.2 g/t Au intercept over 3 metres. The Phase IV diamond drilling program successfully tested IP anomalies in the Aguara West zone.

Reasoning: The announcement reports a new high-grade intersection (18.2 g/t Au) which is a significant discovery signal for an exploration-stage project.

Positive factors

Bonanza intercept of 18.2 g/t Au
QA/QC protocols disclosed
QP sign-off provided

Negative factors

True width not disclosed

Facts used in scoring: 9

Atlas analysis — Richmond Minerals Inc.: Richmond Minerals Inc. Announces Highest Grade Intersection to date with 18.2 g/t Gold over 3 metres at the Ridley Lake Project. 4.42 g/t over 14 m; 0.44 g/t over 35 m; 0.3 g/t over 16 m

Classification and evidence

Bonanza Interceptpositive

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

Why it applies: 18.2 g/t Au is exceptionally high grade.

Evidence · text

“18.2 g/t Gold over 3 metres”

QA/QC Disclosedpositive

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

Why it applies: Release mentions standards, blanks, and duplicates.

Evidence · text

“consisting of inserting laboratory prepared standards and blanks and duplicates”

Apparent Width Onlynegative

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

Why it applies: True widths are not known at this time.

Evidence · text

“true widths are not known at this time”

Extracted facts

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

Drill Results (9)

RS20-33Ridley Lake Project · goldGrade: 4.42Grade Unit: g/tIntercept: 14 mView all details

Link to this fact

Identity

Hole ID: RS20-33
Project: Ridley Lake Project
Commodity: gold
Region: canada_on
Reported Region: Ontario
Ticker: RMD

Geometry

Grade: 4.42
Grade Unit: g/t
Intercept: 14 m
From: 323 m
To: 337 m

Classification

Program: exploration
Sample Type: drill
Group ID: RS20-33:323-337
Mining Method: unknown

Location

Easting: 372131
Northing: 5303581
CRS: zone 17
Loc. Confidence: high

QA/QC

Laboratory: Activation Laboratories
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Review

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

Dates

Event date: 2021-05-06T00:00:00.000Z

Reasoning: Moderate grade intercept in exploration drilling.

Evidence · table

“4.42”

Context: 14

RS20-33Ridley Lake Project · goldGrade: 18.2Grade Unit: g/tIntercept: 3 mView all details

Link to this fact

Identity

Hole ID: RS20-33
Project: Ridley Lake Project
Commodity: gold
Region: canada_on
Reported Region: Ontario
Ticker: RMD

Geometry

Grade: 18.2
Grade Unit: g/t
Intercept: 3 m
From: 326 m
To: 329 m

Classification

Program: exploration
Sample Type: drill
Group ID: RS20-33:326-329
Mining Method: unknown

Location

Easting: 372131
Northing: 5303581
CRS: zone 17
Loc. Confidence: high

QA/QC

Laboratory: Activation Laboratories
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Review

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

Dates

Event date: 2021-05-06T00:00:00.000Z

Reasoning: High-grade intercept of 18.2 g/t Au.

Positive factors

Bonanza Intercept

Evidence · table

“18.2”

Context: 3

RS20-34Ridley Lake Project · goldGrade: 0.3Grade Unit: g/tIntercept: 16 mView all details

Link to this fact

Identity

Hole ID: RS20-34
Project: Ridley Lake Project
Commodity: gold
Region: canada_on
Reported Region: Ontario
Ticker: RMD

Geometry

Grade: 0.3
Grade Unit: g/t
Intercept: 16 m
From: 482 m
To: 498 m

Classification

Program: exploration
Sample Type: drill
Group ID: RS20-34:482-498
Mining Method: unknown

Location

Easting: 372138
Northing: 5303763
CRS: zone 17
Loc. Confidence: high

QA/QC

Laboratory: Activation Laboratories
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Review

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

Dates

Event date: 2021-05-06T00:00:00.000Z

Reasoning: Low grade intercept.

Evidence · table

“0.30”

Context: 16

RS20-34Ridley Lake Project · goldGrade: 2.89Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: RS20-34
Project: Ridley Lake Project
Commodity: gold
Region: canada_on
Reported Region: Ontario
Ticker: RMD

Geometry

Grade: 2.89
Grade Unit: g/t
Intercept: 1 m
From: 497 m
To: 498 m

Classification

Program: exploration
Sample Type: drill
Group ID: RS20-34:497-498
Mining Method: unknown

Location

Easting: 372138
Northing: 5303763
CRS: zone 17
Loc. Confidence: high

QA/QC

Laboratory: Activation Laboratories
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Review

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

Dates

Event date: 2021-05-06T00:00:00.000Z

Reasoning: Narrow high-grade intercept.

Evidence · table

“2.89”

Context: 1

RS20-34Ridley Lake Project · goldGrade: 0.44Grade Unit: g/tIntercept: 35 mView all details

Link to this fact

Identity

Hole ID: RS20-34
Project: Ridley Lake Project
Commodity: gold
Region: canada_on
Reported Region: Ontario
Ticker: RMD

Geometry

Grade: 0.44
Grade Unit: g/t
Intercept: 35 m
From: 516 m
To: 551 m

Classification

Program: exploration
Sample Type: drill
Group ID: RS20-34:516-551
Mining Method: unknown

Location

Easting: 372138
Northing: 5303763
CRS: zone 17
Loc. Confidence: high

QA/QC

Laboratory: Activation Laboratories
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Review

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

Dates

Event date: 2021-05-06T00:00:00.000Z

Reasoning: Wide low-grade intercept.

Evidence · table

“0.44”

Context: 35

RS20-34Ridley Lake Project · goldGrade: 2.41Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: RS20-34
Project: Ridley Lake Project
Commodity: gold
Region: canada_on
Reported Region: Ontario
Ticker: RMD

Geometry

Grade: 2.41
Grade Unit: g/t
Intercept: 1 m
From: 518 m
To: 519 m

Classification

Program: exploration
Sample Type: drill
Group ID: RS20-34:518-519
Mining Method: unknown

Location

Easting: 372138
Northing: 5303763
CRS: zone 17
Loc. Confidence: high

QA/QC

Laboratory: Activation Laboratories
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Review

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

Dates

Event date: 2021-05-06T00:00:00.000Z

Reasoning: Narrow high-grade intercept.

Evidence · table

“2.41”

Context: 1

RS20-34Ridley Lake Project · goldGrade: 0.83Grade Unit: g/tIntercept: 3 mView all details

Link to this fact

Identity

Hole ID: RS20-34
Project: Ridley Lake Project
Commodity: gold
Region: canada_on
Reported Region: Ontario
Ticker: RMD

Geometry

Grade: 0.83
Grade Unit: g/t
Intercept: 3 m
From: 522 m
To: 525 m

Classification

Program: exploration
Sample Type: drill
Group ID: RS20-34:522-525
Mining Method: unknown

Location

Easting: 372138
Northing: 5303763
CRS: zone 17
Loc. Confidence: high

QA/QC

Laboratory: Activation Laboratories
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Review

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

Dates

Event date: 2021-05-06T00:00:00.000Z

Reasoning: Narrow low-grade intercept.

Evidence · table

“0.83”

Context: 3

RS20-34Ridley Lake Project · goldGrade: 1.76Grade Unit: g/tIntercept: 3 mView all details

Link to this fact

Identity

Hole ID: RS20-34
Project: Ridley Lake Project
Commodity: gold
Region: canada_on
Reported Region: Ontario
Ticker: RMD

Geometry

Grade: 1.76
Grade Unit: g/t
Intercept: 3 m
From: 532 m
To: 535 m

Classification

Program: exploration
Sample Type: drill
Group ID: RS20-34:532-535
Mining Method: unknown

Location

Easting: 372138
Northing: 5303763
CRS: zone 17
Loc. Confidence: high

QA/QC

Laboratory: Activation Laboratories
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Review

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

Dates

Event date: 2021-05-06T00:00:00.000Z

Reasoning: Narrow moderate-grade intercept.

Evidence · table

“1.76”

Context: 3

RS-21-37Ridley Lake Project · goldGrade: 3.58Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: RS-21-37
Project: Ridley Lake Project
Commodity: gold
Region: canada_on
Reported Region: Ontario
Ticker: RMD

Geometry

Grade: 3.58
Grade Unit: g/t
Intercept: 1 m
From: 33 m
To: 34 m

Classification

Program: exploration
Sample Type: drill
Group ID: RS-21-37:33-34
Mining Method: unknown

Location

Easting: 371701
Northing: 5303682
CRS: zone 17
Loc. Confidence: high

QA/QC

Laboratory: Activation Laboratories
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Review

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

Dates

Event date: 2021-05-06T00:00:00.000Z

Reasoning: Narrow high-grade intercept.

Evidence · table

“3.58”

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.