Thunder Gold Intersects 298.5 metres Averaging 0.409 g/t Au (including 36.0 metres averaging 0.715 g/t Au) at Tower Mountain

Original announcement by newsfile on

Company
Thunder Gold Corp.
Ticker
TGOL
Exchange
Unavailable
Region
Ontario
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Drill results, Resource update
Extracted
2026-10-05 11:51:32 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Thunder Gold Corp. announced drill results from its Tower Mountain Property, highlighted by a 298.5-meter intercept averaging 0.409 g/t gold, including a higher-grade section of 36.0 meters at 0.715 g/t gold. This infill drilling aims to convert Inferred resources to Indicated, with initial reconciliation suggesting actual grades are exceeding modeled grades. The company also provided details on its 2026 Mineral Resource Estimate, which includes 34.5 Mt at 0.46 g/t Au Indicated and 211.1 Mt at 0.45 g/t Au Inferred.

Reasoning: Thunder Gold reports significant drill intercepts at Tower Mountain, including a long, continuous gold zone in infill drilling aimed at converting Inferred resources to Indicated. The company notes that actual grades are exceeding modeled grades, which is a positive indicator for future resource updates. While the true width is unknown, the results are supported by robust QA/QC. The project's maiden resource estimate, though predominantly Inferred, provides a substantial base.

Positive factors

  • Long, continuous gold mineralization intersected in infill drilling (298.5m at 0.409 g/t Au)
  • Higher-grade sub-intervals within the main intercept (36.0m at 0.715 g/t Au)
  • Infill drilling targeting Inferred resources with the objective of conversion to Indicated
  • Actual drilled grades are trending higher than modeled grades, suggesting potential for resource grade increase
  • Comprehensive QA/QC disclosure with certified labs and QP sign-off
  • Maiden resource estimate for the project establishes a baseline with significant inferred ounces

Negative factors

  • True width of intercepts is unknown, which may overstate actual thickness
  • Some intercepts in TM26-215 are very low grade, indicating scattered mineralization
  • The MRE has a low percentage of Indicated resources (14.05%), with the majority in the Inferred category

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 23

Classification and evidence

Apparent Width Onlynegative

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

Why it applies: The document explicitly states 'True Width cannot be estimated at this time due to lack of data' for all reported intercepts.

Evidence · text

“True Width cannot be estimated at this time due to lack of data”

QA/QC Disclosedpositive

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

Why it applies: The release includes detailed QA/QC procedures, mentioning certified standards, blanks, duplicate pulps, and accredited laboratories (Activation Laboratories Ltd. and AGAT Laboratories, both ISO/IEC 17025:2017).

Evidence · text

“Quality Assurance and Quality Control Diamond drilling utilizes NQ diameter tooling. The core is received at the on-site logging facility where it is photographed, logged for geotechnical, physical properties and geological data. Samples are identified, recorded, and cut in half by wet diamond saw. Half the core is sent for assay at an accredited laboratory with the remaining half core stored on site. A standard sample length of 1.5 meters is typically employed, varying only at major lithological contacts. Certified standards and blanks are randomly inserted into the sample stream and constitute approximately 10% of the sample stream. Certified standards and blank performance is monitored with any failures evaluated and investigated to determine if said failure is a result of error during submission. Any unexplained failures are identified and the five samples preceding and following the failure are re-assayed. Commencing in 2026, duplicate pulps are prepared at a rate of 1 in every 20 samples. The duplicate pulps are sent to a second independent analytical facility for analyses. Activation Laboratories Ltd., Thunder Bay, Ontario, ISO/IEC 17025:2017 is the primary independent analytical service provider. AGAT Laboratories, Thunder Bay, Ontario, ISO/IEC 17025:2017 is the secondary, independent analytical facility. Samples are received, dried, crushed to 80% passing 2.0 mm. A 250-gram sample is split and pulverized. Samples are analyzed for gold using a 30-gram lead collection fire assay fusion (FA) with an atomic absorption (AAS) finish. All assay results greater than 5.0 g/t Au are re-assayed using a gravimetric analysis. All assays greater than 30.0 g/t Au are re-assayed using screen metallics where a representative 1000-gram sample is split sieved at 149µm. Assays are performed on the entire +149 µm fraction and two splits of the -149 µm fraction. A final assay is calculated based on the weight of each size fraction.”

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: The technical information in the 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 NI 43-101. Additionally, the MRE was prepared by multiple QPs from Micon International Limited.

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.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: TM26-218 is described as an 'infill hole' targeting Inferred resource blocks with the objective of converting them to Indicated classification.

Evidence · text

“TM26-218 is the seventh consecutive infill hole to intersect, homogenous, continuous mineralization from the contact of the B-E trend to the end-of-hole.”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: TM26-215 is described as an 'exploration hole' targeting waste rock southwest of the B-E contact, suggesting an extension of the known mineralization.

Evidence · text

“TM26-215 was an exploration hole drilled from west to east from the same pad and directly under TM26-212.”

NI 43-101 Compliantpositive

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

Why it applies: The Mineral Resource Estimate is explicitly stated to be prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects ('NI 43-101').

Evidence · text

“The Report was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101") and CIM Definition Standards of Mineral Resources and Mineral Reserves.”

Cut-off Disclosedpositive

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

Why it applies: The cut-off grade for the Mineral Resource Estimate is clearly stated as 0.19 g/t Au.

Evidence · text

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

Maiden Resourceneutral

First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component.

Why it applies: The document refers to the 'initial mineral resource' and the '2026 MRE model' as a baseline, implying it's the first formal estimate for the project.

Evidence · text

“Drilling to date has established an initial mineral resource parallel to the western contact of the intrusion representing approximately 25% of the TMIC halo.”

Inferred Resourcenegative

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

Why it applies: A significant portion of the reported Mineral Resource Estimate is in the Inferred category (211.1 Mt at 0.45 g/t Au).

Evidence · table

“Inferred”

Context: 211.1

Extracted facts

Stored fact records: 23. Some facts used in scoring do not have a stored record.

Drill Results (21)

TM26-215Tower Mountain · goldGrade: 0.041Grade Unit: g/tIntercept: 115.9 mView all details
Link to this fact

Identity

Hole ID
TM26-215
Project
Tower Mountain
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
TGOL

Geometry

Grade
0.041
Grade Unit
g/t
Intercept
115.9 m
From
7.1 m
To
123 m
Hole Depth
402 m
Intercept Depth
7.1 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
TM26-215:7.1-123
Mining Method
open_pit

Location

Easting
300669
Northing
5377168
Elevation
502 m
Azimuth
40 °
Dip
-70 °
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

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: This intercept shows very low-grade gold mineralization over a significant width, which is not material on its own but contributes to the overall understanding of the deposit. True width is not disclosed.

Negative factors

  • Low grade for open pit gold deposit
  • True width unknown

Evidence · table

“0.041”

Context: 115.9

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

TM26-215Tower Mountain · goldGrade: 0.226Grade Unit: g/tIntercept: 7.5 mView all details
Link to this fact

Identity

Hole ID
TM26-215
Project
Tower Mountain
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
TGOL

Geometry

Grade
0.226
Grade Unit
g/t
Intercept
7.5 m
From
123 m
To
130.5 m
Hole Depth
402 m
Intercept Depth
7.1 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
TM26-215:123-130.5
Mining Method
open_pit

Location

Easting
300669
Northing
5377168
Elevation
502 m
Azimuth
40 °
Dip
-70 °
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

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: This intercept shows very low-grade gold mineralization over a narrow width, which is not material on its own. True width is not disclosed.

Negative factors

  • Low grade for open pit gold deposit
  • True width unknown

Evidence · table

“0.226”

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

TM26-215Tower Mountain · goldGrade: 0.071Grade Unit: g/tIntercept: 63 mView all details
Link to this fact

Identity

Hole ID
TM26-215
Project
Tower Mountain
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
TGOL

Geometry

Grade
0.071
Grade Unit
g/t
Intercept
63 m
From
130.5 m
To
193.5 m
Hole Depth
402 m
Intercept Depth
7.1 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
TM26-215:130.5-193.5
Mining Method
open_pit

Location

Easting
300669
Northing
5377168
Elevation
502 m
Azimuth
40 °
Dip
-70 °
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

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: This intercept shows very low-grade gold mineralization over a significant width, which is not material on its own but contributes to the overall understanding of the deposit. True width is not disclosed.

Negative factors

  • Very low grade for open pit gold deposit
  • True width unknown

Evidence · table

“0.071”

Context: 63.0

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

TM26-215Tower Mountain · goldGrade: 0.128Grade Unit: g/tIntercept: 18 mView all details
Link to this fact

Identity

Hole ID
TM26-215
Project
Tower Mountain
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
TGOL

Geometry

Grade
0.128
Grade Unit
g/t
Intercept
18 m
From
193.5 m
To
211.5 m
Hole Depth
402 m
Intercept Depth
7.1 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
TM26-215:193.5-211.5
Mining Method
open_pit

Location

Easting
300669
Northing
5377168
Elevation
502 m
Azimuth
40 °
Dip
-70 °
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

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: This intercept shows very low-grade gold mineralization over a moderate width, which is not material on its own. True width is not disclosed.

Negative factors

  • Very low grade for open pit gold deposit
  • True width unknown

Evidence · table

“0.128”

Context: 18.0

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

TM26-215Tower Mountain · goldGrade: 0.03Grade Unit: g/tIntercept: 30 mView all details
Link to this fact

Identity

Hole ID
TM26-215
Project
Tower Mountain
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
TGOL

Geometry

Grade
0.03
Grade Unit
g/t
Intercept
30 m
From
211.5 m
To
241.5 m
Hole Depth
402 m
Intercept Depth
7.1 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
TM26-215:211.5-241.5
Mining Method
open_pit

Location

Easting
300669
Northing
5377168
Elevation
502 m
Azimuth
40 °
Dip
-70 °
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

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: This intercept shows extremely low-grade gold mineralization over a significant width, which is not material on its own. True width is not disclosed.

Negative factors

  • Extremely low grade for open pit gold deposit
  • True width unknown

Evidence · table

“0.030”

Context: 30.0

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

TM26-215Tower Mountain · goldGrade: 0.185Grade Unit: g/tIntercept: 12 mView all details
Link to this fact

Identity

Hole ID
TM26-215
Project
Tower Mountain
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
TGOL

Geometry

Grade
0.185
Grade Unit
g/t
Intercept
12 m
From
241.5 m
To
253.5 m
Hole Depth
402 m
Intercept Depth
7.1 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
TM26-215:241.5-253.5
Mining Method
open_pit

Location

Easting
300669
Northing
5377168
Elevation
502 m
Azimuth
40 °
Dip
-70 °
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

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: This intercept shows very low-grade gold mineralization over a moderate width, which is not material on its own. True width is not disclosed.

Negative factors

  • Very low grade for open pit gold deposit
  • True width unknown

Evidence · table

“0.185”

Context: 12.0

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

TM26-215Tower Mountain · goldGrade: 0.051Grade Unit: g/tIntercept: 132 mView all details
Link to this fact

Identity

Hole ID
TM26-215
Project
Tower Mountain
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
TGOL

Geometry

Grade
0.051
Grade Unit
g/t
Intercept
132 m
From
253.5 m
To
385.5 m
Hole Depth
402 m
Intercept Depth
7.1 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
TM26-215:253.5-385.5
Mining Method
open_pit

Location

Easting
300669
Northing
5377168
Elevation
502 m
Azimuth
40 °
Dip
-70 °
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

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: This intercept shows extremely low-grade gold mineralization over a very long width, which is not material on its own but contributes to the overall understanding of the deposit. True width is not disclosed.

Negative factors

  • Extremely low grade for open pit gold deposit
  • True width unknown

Evidence · table

“0.051”

Context: 132.0

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

TM26-215Tower Mountain · goldGrade: 0.737Grade Unit: g/tIntercept: 7.5 mView all details
Link to this fact

Identity

Hole ID
TM26-215
Project
Tower Mountain
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
TGOL

Geometry

Grade
0.737
Grade Unit
g/t
Intercept
7.5 m
From
385.5 m
To
393 m
Hole Depth
402 m
Intercept Depth
7.1 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
TM26-215:385.5-393
Mining Method
open_pit

Location

Easting
300669
Northing
5377168
Elevation
502 m
Azimuth
40 °
Dip
-70 °
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

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: This intercept shows a weak grade over a narrow width, which is not highly material but is a positive indication of gold presence. True width is not disclosed.

Negative factors

  • Grade is below moderate for open pit gold deposit
  • Narrow width
  • True width unknown

Evidence · table

“0.737”

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

TM26-215Tower Mountain · goldGrade: 0.07Grade Unit: g/tIntercept: 9 mView all details
Link to this fact

Identity

Hole ID
TM26-215
Project
Tower Mountain
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
TGOL

Geometry

Grade
0.07
Grade Unit
g/t
Intercept
9 m
From
393 m
To
402 m
Hole Depth
402 m
Intercept Depth
7.1 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
TM26-215:393-402
Mining Method
open_pit

Location

Easting
300669
Northing
5377168
Elevation
502 m
Azimuth
40 °
Dip
-70 °
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

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: This intercept shows very low-grade gold mineralization over a narrow width, which is not material on its own. True width is not disclosed.

Negative factors

  • Very low grade for open pit gold deposit
  • True width unknown

Evidence · table

“0.070”

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

TM26-218Tower Mountain · goldGrade: 0.331Grade Unit: g/tIntercept: 398.3 mView all details
Link to this fact

Identity

Hole ID
TM26-218
Project
Tower Mountain
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
TGOL

Geometry

Grade
0.331
Grade Unit
g/t
Intercept
398.3 m
From
0.7 m
To
399 m
Hole Depth
399 m
Intercept Depth
0.7 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
TM26-218:0.7-399
Mining Method
open_pit

Location

Easting
300945
Northing
5377658
Elevation
493 m
Azimuth
220 °
Dip
-54.4 °
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

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: This is a very long and continuous intercept with a weak but consistent gold grade, indicating broad mineralization. The grade-thickness product is strong. True width is not disclosed.

Positive factors

  • Very long continuous intercept
  • Grade is weak for open pit gold deposit
  • Strong grade-thickness product (131.8 g/t*m)

Negative factors

  • True width unknown

Evidence · table

“0.331”

Context: 398.3

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

TM26-218Tower Mountain · goldGrade: 0.097Grade Unit: g/tIntercept: 99.8 mView all details
Link to this fact

Identity

Hole ID
TM26-218
Project
Tower Mountain
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
TGOL

Geometry

Grade
0.097
Grade Unit
g/t
Intercept
99.8 m
From
0.7 m
To
100.5 m
Hole Depth
399 m
Intercept Depth
0.7 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
TM26-218:0.7-100.5
Mining Method
open_pit

Location

Easting
300945
Northing
5377658
Elevation
493 m
Azimuth
220 °
Dip
-54.4 °
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

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: This is a very long intercept with very low-grade gold, which is not material on its own but contributes to the overall understanding of the deposit. True width is not disclosed.

Negative factors

  • Very low grade for open pit gold deposit
  • True width unknown

Evidence · table

“0.097”

Context: 99.8

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

TM26-218Tower Mountain · goldGrade: 0.409Grade Unit: g/tIntercept: 298.5 mView all details
Link to this fact

Identity

Hole ID
TM26-218
Project
Tower Mountain
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
TGOL

Geometry

Grade
0.409
Grade Unit
g/t
Intercept
298.5 m
From
100.5 m
To
399 m
Hole Depth
399 m
Intercept Depth
0.7 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
TM26-218:100.5-399
Mining Method
open_pit

Location

Easting
300945
Northing
5377658
Elevation
493 m
Azimuth
220 °
Dip
-54.4 °
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

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: This is a very long and continuous intercept with a weak but consistent gold grade, indicating broad mineralization. The grade-thickness product is strong. True width is not disclosed.

Positive factors

  • Very long continuous intercept
  • Grade is weak for open pit gold deposit
  • Strong grade-thickness product (122.1 g/t*m)

Negative factors

  • True width unknown

Evidence · table

“0.409”

Context: 298.5

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

TM26-218Tower Mountain · goldGrade: 0.464Grade Unit: g/tIntercept: 31.5 mView all details
Link to this fact

Identity

Hole ID
TM26-218
Project
Tower Mountain
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
TGOL

Geometry

Grade
0.464
Grade Unit
g/t
Intercept
31.5 m
From
100.5 m
To
132 m
Hole Depth
399 m
Intercept Depth
0.7 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
TM26-218:100.5-132
Mining Method
open_pit

Location

Easting
300945
Northing
5377658
Elevation
493 m
Azimuth
220 °
Dip
-54.4 °
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

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade over a moderate width, contributing to the overall mineralization. True width is not disclosed.

Positive factors

  • Grade is weak for open pit gold deposit

Negative factors

  • True width unknown

Evidence · table

“0.464”

Context: 31.5

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

TM26-218Tower Mountain · goldGrade: 0.118Grade Unit: g/tIntercept: 7.5 mView all details
Link to this fact

Identity

Hole ID
TM26-218
Project
Tower Mountain
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
TGOL

Geometry

Grade
0.118
Grade Unit
g/t
Intercept
7.5 m
From
132 m
To
139.5 m
Hole Depth
399 m
Intercept Depth
0.7 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
TM26-218:132-139.5
Mining Method
open_pit

Location

Easting
300945
Northing
5377658
Elevation
493 m
Azimuth
220 °
Dip
-54.4 °
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

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: This intercept shows very low-grade gold mineralization over a narrow width, which is not material on its own. True width is not disclosed.

Negative factors

  • Very low grade for open pit gold deposit
  • True width unknown

Evidence · table

“0.118”

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

TM26-218Tower Mountain · goldGrade: 0.387Grade Unit: g/tIntercept: 48 mView all details
Link to this fact

Identity

Hole ID
TM26-218
Project
Tower Mountain
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
TGOL

Geometry

Grade
0.387
Grade Unit
g/t
Intercept
48 m
From
139.5 m
To
187.5 m
Hole Depth
399 m
Intercept Depth
0.7 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
TM26-218:139.5-187.5
Mining Method
open_pit

Location

Easting
300945
Northing
5377658
Elevation
493 m
Azimuth
220 °
Dip
-54.4 °
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

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade over a significant width, contributing to the overall mineralization. True width is not disclosed.

Positive factors

  • Grade is weak for open pit gold deposit

Negative factors

  • True width unknown

Evidence · table

“0.387”

Context: 48.0

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

TM26-218Tower Mountain · goldGrade: 0.168Grade Unit: g/tIntercept: 36 mView all details
Link to this fact

Identity

Hole ID
TM26-218
Project
Tower Mountain
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
TGOL

Geometry

Grade
0.168
Grade Unit
g/t
Intercept
36 m
From
187.5 m
To
223.5 m
Hole Depth
399 m
Intercept Depth
0.7 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
TM26-218:187.5-223.5
Mining Method
open_pit

Location

Easting
300945
Northing
5377658
Elevation
493 m
Azimuth
220 °
Dip
-54.4 °
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

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: This intercept shows very low-grade gold mineralization over a significant width, which is not material on its own. True width is not disclosed.

Negative factors

  • Very low grade for open pit gold deposit
  • True width unknown

Evidence · table

“0.168”

Context: 36.0

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

TM26-218Tower Mountain · goldGrade: 0.323Grade Unit: g/tIntercept: 34.5 mView all details
Link to this fact

Identity

Hole ID
TM26-218
Project
Tower Mountain
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
TGOL

Geometry

Grade
0.323
Grade Unit
g/t
Intercept
34.5 m
From
223.5 m
To
258 m
Hole Depth
399 m
Intercept Depth
0.7 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
TM26-218:223.5-258
Mining Method
open_pit

Location

Easting
300945
Northing
5377658
Elevation
493 m
Azimuth
220 °
Dip
-54.4 °
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

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade over a significant width, contributing to the overall mineralization. True width is not disclosed.

Positive factors

  • Grade is weak for open pit gold deposit

Negative factors

  • True width unknown

Evidence · table

“0.323”

Context: 34.5

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

TM26-218Tower Mountain · goldGrade: 0.503Grade Unit: g/tIntercept: 141 mView all details
Link to this fact

Identity

Hole ID
TM26-218
Project
Tower Mountain
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
TGOL

Geometry

Grade
0.503
Grade Unit
g/t
Intercept
141 m
From
258 m
To
399 m
Hole Depth
399 m
Intercept Depth
0.7 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
TM26-218:258-399
Mining Method
open_pit

Location

Easting
300945
Northing
5377658
Elevation
493 m
Azimuth
220 °
Dip
-54.4 °
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

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: This is a long and continuous intercept with a weak gold grade, indicating broad mineralization. The grade-thickness product is moderate. True width is not disclosed.

Positive factors

  • Long continuous intercept
  • Grade is weak for open pit gold deposit
  • Moderate grade-thickness product (70.9 g/t*m)

Negative factors

  • True width unknown

Evidence · table

“0.503”

Context: 141.0

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

TM26-218Tower Mountain · goldGrade: 0.622Grade Unit: g/tIntercept: 48 mView all details
Link to this fact

Identity

Hole ID
TM26-218
Project
Tower Mountain
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
TGOL

Geometry

Grade
0.622
Grade Unit
g/t
Intercept
48 m
From
351 m
To
399 m
Hole Depth
399 m
Intercept Depth
0.7 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
TM26-218:351-399
Mining Method
open_pit

Location

Easting
300945
Northing
5377658
Elevation
493 m
Azimuth
220 °
Dip
-54.4 °
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

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade over a significant width, contributing to the overall mineralization. True width is not disclosed.

Positive factors

  • Grade is weak for open pit gold deposit

Negative factors

  • True width unknown

Evidence · table

“0.622”

Context: 48.0

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

TM26-218Tower Mountain · goldGrade: 0.715Grade Unit: g/tIntercept: 36 mView all details
Link to this fact

Identity

Hole ID
TM26-218
Project
Tower Mountain
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
TGOL

Geometry

Grade
0.715
Grade Unit
g/t
Intercept
36 m
From
363 m
To
399 m
Hole Depth
399 m
Intercept Depth
0.7 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
TM26-218:363-399
Mining Method
open_pit

Location

Easting
300945
Northing
5377658
Elevation
493 m
Azimuth
220 °
Dip
-54.4 °
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

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade over a significant width, contributing positively to the overall mineralization. True width is not disclosed.

Positive factors

  • Grade is weak for open pit gold deposit

Negative factors

  • True width unknown

Evidence · table

“0.715”

Context: 36.0

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

TM26-218Tower Mountain · goldGrade: 0.772Grade Unit: g/tIntercept: 27 mView all details
Link to this fact

Identity

Hole ID
TM26-218
Project
Tower Mountain
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
TGOL

Geometry

Grade
0.772
Grade Unit
g/t
Intercept
27 m
From
372 m
To
399 m
Hole Depth
399 m
Intercept Depth
0.7 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
TM26-218:372-399
Mining Method
open_pit

Location

Easting
300945
Northing
5377658
Elevation
493 m
Azimuth
220 °
Dip
-54.4 °
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

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade over a significant width, contributing positively to the overall mineralization. True width is not disclosed.

Positive factors

  • Grade is weak for open pit gold deposit

Negative factors

  • True width unknown

Evidence · table

“0.772”

Context: 27.0

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

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: 514Contained Unit: kozView all details
Link to this fact

Identity

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

Resource scope

Estimate type
resource
Effective date
2026-01-19T00:00:00.000Z
Reporting standards
ni_43_101, other
QP Signed
Yes
Qualified person names
Charley Murahwi, William Lewis, Tudorel Ciuculescu, Richard Gowans
Resource group id
resource:194f10f2e1e2862c52d2
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
34500000
Grade
0.46
Grade Unit
g/t
Contained Metal
514
Contained Unit
koz
Cutoff Grade
0.19
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-01-19

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: The Indicated resource provides a reasonable level of confidence for future studies, with a disclosed cut-off grade and QP sign-off. However, the grade and contained metal are weak for an open pit gold deposit.

Positive factors

  • Indicated resource category provides reasonable geological confidence
  • QP/CP signed off on the estimate
  • JORC/NI 43-101 compliant reporting standard
  • Cut-off grade disclosed

Negative factors

  • Grade is weak for open pit gold deposit
  • Contained metal is weak for gold deposits

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: 3053Contained Unit: kozView all details
Link to this fact

Identity

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

Resource scope

Estimate type
resource
Effective date
2026-01-19T00:00:00.000Z
Reporting standards
ni_43_101, other
QP Signed
Yes
Qualified person names
Charley Murahwi, William Lewis, Tudorel Ciuculescu, Richard Gowans
Resource group id
resource:f58775a048358822ee6b
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
211100000
Grade
0.45
Grade Unit
g/t
Contained Metal
3053
Contained Unit
koz
Cutoff Grade
0.19
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-01-19

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: The Inferred resource represents a substantial amount of contained gold, establishing a significant project scale. However, its speculative nature and weak grade for an open pit deposit limit its immediate economic confidence.

Positive factors

  • Significant contained metal in the inferred category
  • QP/CP signed off on the estimate
  • JORC/NI 43-101 compliant reporting standard
  • Cut-off grade disclosed

Negative factors

  • Inferred resource category is speculative and cannot support economic studies alone
  • Grade is weak for open pit gold deposit

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.