# Total Metals Completes Acquisition of Menary Gold Project

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/total-metals-completes-acquisition-of-menary-gold-project--4fff9a32-1055-423d-9a93-1ccf89b4119f

Original source: https://money.tmx.com/en/quote/TT/news/8020437895149967/total-metals-completes-acquisition-of-menary-gold-project

Publisher: tmx

Original announcement: 2026-03-23T10:15:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Total Metals Corp.

- Ticker: TT

- Exchange: TSX

- Region: Ontario

- Primary commodity: Gold

- Secondary commodities: None reported

- Document categories: Agreement transaction, Drill results

- Extracted: 2026-08-21 00:52:19 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Total Metals Corp. has completed the acquisition of the Menary Gold Project in Ontario, located adjacent to Coeur Mining's Rainy River Mine. The project highlights include exceptional grab samples up to 8,120 g/t Au and a new drill intercept of 16.99 g/t Au over 6.3m.

Reasoning: The company has closed the acquisition of the Menary Gold Project, which features high-grade grab and channel samples and a new drill intercept, strategically located next to Coeur Mining's Rainy River Mine.

- Positive factor: Acquisition of a gold project bordering a major US$7B mine

- Positive factor: Exceptional bonanza-grade grab samples

- Positive factor: New mineralized zone identified via drilling

- Negative factor: Subject to 4.5% NSR royalty

Facts used in scoring: 6

## Classification and evidence

**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: Qualified Person Robert Penczak, M.Sc., P.Geo \(Ontario\) has reviewed and approved the technical information.

Evidence · text

> Qualified Person Robert Penczak, M.Sc., P.Geo \(Ontario\)... has reviewed and approved the scientific and technical information

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: Drilling identified a new, previously unknown mineralized zone at depth.

Evidence · text

> identifying a new, previously unknown mineralized zone at depth

## Extracted facts

Stored fact records: 0. Some facts used in scoring do not have a stored record.

No stored fact records are available for this extraction.

## 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.