Thunder Gold Intersects 232.5 Metres Averaging 0.450 g/t Au (Including 33.0 Metres Averaging 1.383 g/t Au) at Tower Mountain

Original announcement by orestocks on

Company
Thunder Gold Corp.
Ticker
TGOL.V
Exchange
Unavailable
Region
Ontario
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Drill results, Resource update
Extracted
2026-09-29 17:31:24 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Thunder Gold Corp. announced infill drill results from its Tower Mountain Property, with hole TM26-217 intersecting 232.5 metres averaging 0.450 g/t Au, including a higher-grade section of 33.0 metres averaging 1.383 g/t Au. These results support the existing 2026 Mineral Resource Estimate model and are part of a program designed to convert Inferred resources to Indicated resources, with mineralization extending over 100 metres below the current pit limit. The company also provided an updated summary of its 2026 MRE, which includes 34.5 Mt at 0.46 g/t Au Indicated and 211.1 Mt at 0.45 g/t Au Inferred.

Reasoning: The infill drill hole TM26-217 returned significant gold intercepts, including a strong grade-thickness product, which supports the existing MRE model and extends mineralization below the current pit limit, contributing to resource conversion. The overall reconciliation of infill drilling to date shows actual grades trending 12.5% higher than predicted model grades.

Positive factors

  • Infill drilling confirms and extends mineralization
  • Supports existing MRE model assumptions and procedures
  • High-grade sub-interval of 1.383 g/t Au over 33.0 metres
  • Mineralization extended over 100 metres below current pit limit
  • Positive reconciliation of drilled grades to model predicted grades (12.5% higher)
  • QA/QC procedures are disclosed and labs are certified
  • Qualified Person has reviewed and approved technical information

Negative factors

  • True width is unknown for the reported intercepts

Facts used in scoring: 14

Classification and evidence

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The document explicitly states the drilling program is 'infill diamond drill results' and 'designed to convert Inferred resources to Indicated resources'.

Evidence · text

“infill diamond drill results”

Category Upgradepositive

Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.

Why it applies: The infill drill program is 'designed to convert Inferred resources to Indicated resources'.

Evidence · text

“designed to convert Inferred resources to Indicated resources”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The drilling 'extending mineralization well above the MRE cut-off grade, over 100 metres below the current pit limit'.

Evidence · text

“extending mineralization well above the MRE cut-off grade, over 100 metres below the current pit limit”

QA/QC Disclosedpositive

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

Why it applies: The document includes a 'Quality Assurance and Quality Control' section detailing procedures like certified standards, blanks, duplicate pulps, and independent analytical facilities.

Evidence · text

“Quality Assurance and Quality Control”

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: Technical information in this news release has been reviewed and approved by Wes Hanson, P.Geo., President and CEO of Thunder Gold Corp., who is a Qualified Person under the definitions established by NI 43-101.

Evidence · text

“Technical information in this news release has been reviewed and approved by Wes Hanson, P.Geo., President and CEO of Thunder Gold Corp., who is a Qualified Person under the definitions established by NI 43-101.”

Apparent Width Onlynegative

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

Why it applies: Table 2.0 explicitly states 'True Width: Unknown' for the reported intercepts, and the note 'True Width is estimated where sufficient data allows.' implies it's not available for these results.

Evidence · table

“Unknown”

Context: True Width

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: The MRE was 'prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101")'.

Evidence · text

“prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101")”

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: The MRE summary table includes an 'Indicated' category with 34.5 Mt at 0.46 g/t Au.

Evidence · table

“Indicated”

Context: Category

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: The MRE summary table includes an 'Inferred' category with 211.1 Mt at 0.45 g/t Au.

Evidence · table

“Inferred”

Context: Category

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: The MRE notes explicitly state 'The calculated gold cut-off grade is 0.19 g/t Au'.

Evidence · text

“The calculated gold cut-off grade is 0.19 g/t Au.”

Extracted facts

Stored fact records: 14. Some facts used in scoring do not have a stored record.

Drill Results (12)

TM26-217Tower Mountain · goldGrade: 0.45Grade Unit: g/tIntercept: 232.5 mView all details
Link to this fact

Identity

Hole ID
TM26-217
Project
Tower Mountain
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
TGOL.V

Geometry

Grade
0.45
Grade Unit
g/t
Intercept
232.5 m
From
360 m
To
592.5 m
Hole Depth
600 m
Intercept Depth
9 m

Classification

Program
resource
Sample Type
drill
Group ID
TM26-217:360-592.5
Mining Method
open_pit

Location

Easting
300321
Northing
5377362
Elevation
428 m
Azimuth
40 °
Dip
-49.5 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. and AGAT Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.19
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-28T00:00:00.000Z

Reasoning: This significant intercept from infill drilling supports the MRE model and extends mineralization below the pit limit, contributing to resource conversion, with a strong grade-thickness product.

Positive factors

  • Infill drilling confirms and extends mineralization
  • Supports existing MRE model assumptions and procedures
  • Strong grade-thickness product (104.6 g/t·m)
  • Mineralization extended over 100 metres below current pit limit

Negative factors

  • True width is unknown

Evidence · text

“232.5 Metres Averaging 0.450 g/t Au”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

TM26-217Tower Mountain · goldGrade: 1.383Grade Unit: g/tIntercept: 33 mView all details
Link to this fact

Identity

Hole ID
TM26-217
Project
Tower Mountain
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
TGOL.V

Geometry

Grade
1.383
Grade Unit
g/t
Intercept
33 m
From
385.5 m
To
418.5 m
Hole Depth
600 m
Intercept Depth
9 m

Classification

Program
resource
Sample Type
drill
Group ID
TM26-217:385.5-418.5
Mining Method
open_pit

Location

Easting
300321
Northing
5377362
Elevation
428 m
Azimuth
40 °
Dip
-49.5 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. and AGAT Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.19
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-28T00:00:00.000Z

Reasoning: This high-grade sub-interval is a strong result for an open-pit gold project, further supporting the MRE model and contributing to resource conversion.

Positive factors

  • Strong grade for open-pit gold (1.383 g/t Au)
  • Moderate grade-thickness product (45.6 g/t·m)
  • Supports existing MRE model assumptions and procedures

Negative factors

  • True width is unknown

Evidence · text

“33.0 Metres Averaging 1.383 g/t Au”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

TM26-217Tower Mountain · goldGrade: 0.209Grade Unit: g/tIntercept: 591 mView all details
Link to this fact

Identity

Hole ID
TM26-217
Project
Tower Mountain
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
TGOL.V

Geometry

Grade
0.209
Grade Unit
g/t
Intercept
591 m
From
9 m
To
600 m
Hole Depth
600 m
Intercept Depth
9 m

Classification

Program
resource
Sample Type
drill
Group ID
TM26-217:9-600
Mining Method
open_pit

Location

Easting
300321
Northing
5377362
Elevation
428 m
Azimuth
40 °
Dip
-49.5 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. and AGAT Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.19
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-28T00:00:00.000Z

Reasoning: This very long intercept indicates broad mineralization, though at a weak grade, contributing to the overall understanding of the deposit.

Positive factors

  • Very long intercept length (591.0 metres)
  • Supports broad mineralization

Negative factors

  • Weak grade for open-pit gold (0.209 g/t Au)
  • True width is unknown

Evidence · table

“0.209”

Context: 591.0

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

TM26-217Tower Mountain · goldGrade: 0.03Grade Unit: g/tIntercept: 253.5 mView all details
Link to this fact

Identity

Hole ID
TM26-217
Project
Tower Mountain
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
TGOL.V

Geometry

Grade
0.03
Grade Unit
g/t
Intercept
253.5 m
From
9 m
To
262.5 m
Hole Depth
600 m
Intercept Depth
9 m

Classification

Program
resource
Sample Type
drill
Group ID
TM26-217:9-262.5
Mining Method
open_pit

Location

Easting
300321
Northing
5377362
Elevation
428 m
Azimuth
40 °
Dip
-49.5 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. and AGAT Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.19
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-28T00:00:00.000Z

Reasoning: This long intercept shows very weak gold mineralization, below the project's economic cut-off grade, indicating lower-grade material within the broader mineralized zone.

Negative factors

  • Very weak grade for open-pit gold (0.030 g/t Au)
  • Below the stated MRE cut-off grade
  • True width is unknown

Evidence · table

“0.030”

Context: 253.5

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

TM26-217Tower Mountain · goldGrade: 0.532Grade Unit: g/tIntercept: 9 mView all details
Link to this fact

Identity

Hole ID
TM26-217
Project
Tower Mountain
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
TGOL.V

Geometry

Grade
0.532
Grade Unit
g/t
Intercept
9 m
From
262.5 m
To
271.5 m
Hole Depth
600 m
Intercept Depth
9 m

Classification

Program
resource
Sample Type
drill
Group ID
TM26-217:262.5-271.5
Mining Method
open_pit

Location

Easting
300321
Northing
5377362
Elevation
428 m
Azimuth
40 °
Dip
-49.5 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. and AGAT Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.19
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-28T00:00:00.000Z

Reasoning: This intercept shows moderate gold grade over a narrow width, contributing positively to the resource model.

Positive factors

  • Moderate grade for open-pit gold (0.532 g/t Au)
  • Above the stated MRE cut-off grade

Negative factors

  • Narrow intercept length (9.0 metres)
  • True width is unknown

Evidence · table

“0.532”

Context: 9.0

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

TM26-217Tower Mountain · goldGrade: 0.063Grade Unit: g/tIntercept: 88.5 mView all details
Link to this fact

Identity

Hole ID
TM26-217
Project
Tower Mountain
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
TGOL.V

Geometry

Grade
0.063
Grade Unit
g/t
Intercept
88.5 m
From
271.5 m
To
360 m
Hole Depth
600 m
Intercept Depth
9 m

Classification

Program
resource
Sample Type
drill
Group ID
TM26-217:271.5-360
Mining Method
open_pit

Location

Easting
300321
Northing
5377362
Elevation
428 m
Azimuth
40 °
Dip
-49.5 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. and AGAT Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.19
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-28T00:00:00.000Z

Reasoning: This intercept shows very weak gold mineralization over a moderate length, falling below the project's economic cut-off grade.

Negative factors

  • Very weak grade for open-pit gold (0.063 g/t Au)
  • Below the stated MRE cut-off grade
  • True width is unknown

Evidence · table

“0.063”

Context: 88.5

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

TM26-217Tower Mountain · goldGrade: 0.438Grade Unit: g/tIntercept: 240 mView all details
Link to this fact

Identity

Hole ID
TM26-217
Project
Tower Mountain
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
TGOL.V

Geometry

Grade
0.438
Grade Unit
g/t
Intercept
240 m
From
360 m
To
600 m
Hole Depth
600 m
Intercept Depth
9 m

Classification

Program
resource
Sample Type
drill
Group ID
TM26-217:360-600
Mining Method
open_pit

Location

Easting
300321
Northing
5377362
Elevation
428 m
Azimuth
40 °
Dip
-49.5 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. and AGAT Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.19
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-28T00:00:00.000Z

Reasoning: This long intercept, while at a weak grade, provides a strong grade-thickness product and extends mineralization below the current pit limit, supporting resource conversion and the MRE model.

Positive factors

  • Long intercept length (240.0 metres)
  • Weak grade for open-pit gold (0.438 g/t Au) but above cut-off
  • Strong grade-thickness product (105.1 g/t·m)
  • Supports existing MRE model assumptions and procedures
  • Extends mineralization over 100 metres below current pit limit

Negative factors

  • True width is unknown

Evidence · table

“0.438”

Context: 240.0

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

TM26-217Tower Mountain · goldGrade: 0.243Grade Unit: g/tIntercept: 25.5 mView all details
Link to this fact

Identity

Hole ID
TM26-217
Project
Tower Mountain
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
TGOL.V

Geometry

Grade
0.243
Grade Unit
g/t
Intercept
25.5 m
From
360 m
To
385.5 m
Hole Depth
600 m
Intercept Depth
9 m

Classification

Program
resource
Sample Type
drill
Group ID
TM26-217:360-385.5
Mining Method
open_pit

Location

Easting
300321
Northing
5377362
Elevation
428 m
Azimuth
40 °
Dip
-49.5 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. and AGAT Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.19
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-28T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade above the cut-off, contributing to the overall resource definition.

Positive factors

  • Above the stated MRE cut-off grade

Negative factors

  • Weak grade for open-pit gold (0.243 g/t Au)
  • True width is unknown

Evidence · table

“0.243”

Context: 25.5

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

TM26-217Tower Mountain · goldGrade: 0.076Grade Unit: g/tIntercept: 45 mView all details
Link to this fact

Identity

Hole ID
TM26-217
Project
Tower Mountain
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
TGOL.V

Geometry

Grade
0.076
Grade Unit
g/t
Intercept
45 m
From
418.5 m
To
463.5 m
Hole Depth
600 m
Intercept Depth
9 m

Classification

Program
resource
Sample Type
drill
Group ID
TM26-217:418.5-463.5
Mining Method
open_pit

Location

Easting
300321
Northing
5377362
Elevation
428 m
Azimuth
40 °
Dip
-49.5 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. and AGAT Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.19
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-28T00:00:00.000Z

Reasoning: This intercept shows very weak gold mineralization, below the project's economic cut-off grade.

Negative factors

  • Very weak grade for open-pit gold (0.076 g/t Au)
  • Below the stated MRE cut-off grade
  • True width is unknown

Evidence · table

“0.076”

Context: 45.0

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

TM26-217Tower Mountain · goldGrade: 0.53Grade Unit: g/tIntercept: 54 mView all details
Link to this fact

Identity

Hole ID
TM26-217
Project
Tower Mountain
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
TGOL.V

Geometry

Grade
0.53
Grade Unit
g/t
Intercept
54 m
From
463.5 m
To
517.5 m
Hole Depth
600 m
Intercept Depth
9 m

Classification

Program
resource
Sample Type
drill
Group ID
TM26-217:463.5-517.5
Mining Method
open_pit

Location

Easting
300321
Northing
5377362
Elevation
428 m
Azimuth
40 °
Dip
-49.5 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. and AGAT Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.19
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-28T00:00:00.000Z

Reasoning: This intercept shows moderate gold grade over a good length, contributing positively to the resource model.

Positive factors

  • Moderate grade for open-pit gold (0.530 g/t Au)
  • Above the stated MRE cut-off grade

Negative factors

  • True width is unknown

Evidence · table

“0.530”

Context: 54.0

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

TM26-217Tower Mountain · goldGrade: 0.278Grade Unit: g/tIntercept: 75 mView all details
Link to this fact

Identity

Hole ID
TM26-217
Project
Tower Mountain
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
TGOL.V

Geometry

Grade
0.278
Grade Unit
g/t
Intercept
75 m
From
517.5 m
To
592.5 m
Hole Depth
600 m
Intercept Depth
9 m

Classification

Program
resource
Sample Type
drill
Group ID
TM26-217:517.5-592.5
Mining Method
open_pit

Location

Easting
300321
Northing
5377362
Elevation
428 m
Azimuth
40 °
Dip
-49.5 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. and AGAT Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.19
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-28T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade above the cut-off over a good length, contributing to the overall resource definition.

Positive factors

  • Above the stated MRE cut-off grade

Negative factors

  • Weak grade for open-pit gold (0.278 g/t Au)
  • True width is unknown

Evidence · table

“0.278”

Context: 75.0

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

TM26-217Tower Mountain · goldGrade: 0.054Grade Unit: g/tIntercept: 7.5 mView all details
Link to this fact

Identity

Hole ID
TM26-217
Project
Tower Mountain
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
TGOL.V

Geometry

Grade
0.054
Grade Unit
g/t
Intercept
7.5 m
From
592.5 m
To
600 m
Hole Depth
600 m
Intercept Depth
9 m

Classification

Program
resource
Sample Type
drill
Group ID
TM26-217:592.5-600
Mining Method
open_pit

Location

Easting
300321
Northing
5377362
Elevation
428 m
Azimuth
40 °
Dip
-49.5 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. and AGAT Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.19
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-28T00:00:00.000Z

Reasoning: This narrow intercept shows very weak gold mineralization, below the project's economic cut-off grade.

Negative factors

  • Very weak grade for open-pit gold (0.054 g/t Au)
  • Below the stated MRE cut-off grade
  • True width is unknown

Evidence · table

“0.054”

Context: 7.5

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Resource Estimates (2)

indicatedTower Mountain Project · goldTonnes: 34500000Grade: 0.46Grade Unit: g/tContained Metal: 514000Contained Unit: oz goldHistorical resultNeeds review: historical_restatementView all details
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Identity

Project
Tower Mountain Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
TGOL.V

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
William Lewis, Charley Murahwi, Tudorel Ciuculescu, Richard Gowans
Resource group id
resource:6152457976a1e8db265e

Resource Data

Category
indicated
Tonnes
34500000
Grade
0.46
Grade Unit
g/t
Contained Metal
514000
Contained Unit
oz gold
Cutoff Grade
0.19
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-01-19

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-01-19T00:00:00.000Z

Dates

Event date
2026-09-28T00:00:00.000Z

Reasoning: This Indicated resource provides a solid foundation for economic studies, demonstrating reasonable geological confidence and significant contained gold, compliant with NI 43-101 standards.

Positive factors

  • Indicated resource category provides reasonable geological confidence
  • Significant contained metal (514 koz gold)
  • Compliant with NI 43-101 reporting standards
  • QP signed off on the estimate

Evidence · table

“0.46”

Context: 34.5

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

inferredTower Mountain Project · goldTonnes: 211100000Grade: 0.45Grade Unit: g/tContained Metal: 3053000Contained Unit: oz goldHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Tower Mountain Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
TGOL.V

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
William Lewis, Charley Murahwi, Tudorel Ciuculescu, Richard Gowans
Resource group id
resource:695d6b234c786b131031

Resource Data

Category
inferred
Tonnes
211100000
Grade
0.45
Grade Unit
g/t
Contained Metal
3053000
Contained Unit
oz gold
Cutoff Grade
0.19
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-01-19

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-01-19T00:00:00.000Z

Dates

Event date
2026-09-28T00:00:00.000Z

Reasoning: This large Inferred resource highlights significant exploration potential and scale for the project, though it requires further drilling to upgrade confidence for economic studies.

Positive factors

  • Very large tonnage (211.1 Mt) and contained metal (3.053 Moz gold)
  • Compliant with NI 43-101 reporting standards
  • QP signed off on the estimate

Negative factors

  • Inferred resource category has limited geological confidence

Evidence · table

“0.45”

Context: 211.1

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

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.