Total Metals options High Grade Menary Gold Project with Historic Results up to 8,120 g/t Au; Highlights Strategic Position Surrounded by Coeur Mining in the Rainy River District
Original announcement by tmx on
- Company
- Total Metals Corp.
- Ticker
- TT
- Exchange
- TSX
- Region
- Ontario
- Primary commodity
- Gold
- Secondary commodities
- Silver, Copper
- Document categories
- Agreement transaction, Drill results
- Extracted
- 2026-08-21 03:42:27 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Total Metals Corp. has entered into an option agreement to acquire 100% of the Menary Gold Project in Ontario. The announcement highlights significant historical high-grade results, including grab samples up to 8,120 g/t Au and drill intercepts in the Wagg Zone, situated near Coeur Mining's regional acquisitions.
Reasoning: The company announced an option agreement for a high-grade gold project. While the grades are exceptional (up to 8,120 g/t Au), the data is historical (2012/2013) and has not been independently verified by the current company.
Positive factors
- strategic location near Coeur Mining
- exceptional high-grade grab samples
- bonanza-grade intercepts
Negative factors
- results are historical and not independently verified
- true widths not disclosed for drill intercepts
- grab samples are selective and non-representative
Facts used in scoring: 11
Classification and evidence
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: The company explicitly states that review of assay QA/QC results has not been done by the Company.
Evidence · text
“Review of assay QA/QC results has not been done by the Company.”
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: The results are from a 2012/2013 technical report and are being presented as part of an option agreement announcement.
Evidence · text
“prepared by Russell Malcolm Crosby, MSc. PGeo, date June 13, 2012 (Updated November 6, 2013)”
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.