Upside Gold Completes Expanded 2026 Drill Program At The Kena Gold-Copper Project
Original announcement by orestocks on
- Company
- Upside Gold Corp.
- Ticker
- UG
- Exchange
- Unavailable
- Region
- British Columbia
- Primary commodity
- Gold
- Secondary commodities
- Copper, Silver
- Document categories
- Drill results, Resource update
- Extracted
- 2026-09-02 09:02:44 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Upside Gold has completed an expanded 2026 diamond drilling program at the Kena Gold-Copper Project, drilling 5,180 metres across 19 holes. The results are expected to support an updated NI 43-101 mineral resource estimate targeted for Q1 2027.
Reasoning: The company completed a larger-than-planned drilling program to support an upcoming resource update, but actual geological results (grades/widths) are not yet released.
Positive factors
- completion of expanded drilling program
- drilling exceeded original scope
- upcoming NI 43-101 resource update
Negative factors
- assay results are still pending
Facts used in scoring: 2
Classification and evidence
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: The company is using the new drilling to prepare an updated NI 43-101 mineral resource estimate.
Evidence · text
“Results from the 2026 drill program are expected to contribute to the updated NI 43-101 mineral resource estimate”
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 historical resource is in the Inferred category.
Evidence · text
“Inferred Mineral Resource of 177,507,000 tonnes”
Extracted facts
Stored fact records: 2. Some facts used in scoring do not have a stored record.
Drill Results (2)
Fact 1goldGrade: 0.544Grade Unit: g/tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- UG
Geometry
- Grade
- 0.544
- Grade Unit
- g/t
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2021-05-03T00:00:00.000Z
Dates
- Event date
- 2026-09-02T00:00:00.000Z
Reasoning: Historical resource estimate provided for context; not current.
Evidence · text
“Indicated Mineral Resource of 32,146,000 tonnes at an average grade of 0.544 g/t Au for 0.561 million ounces of gold”
Fact 2goldGrade: 0.486Grade Unit: g/tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- UG
Geometry
- Grade
- 0.486
- Grade Unit
- g/t
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2021-05-03T00:00:00.000Z
Dates
- Event date
- 2026-09-02T00:00:00.000Z
Reasoning: Historical resource estimate provided for context; not current.
Evidence · text
“Inferred Mineral Resource of 177,507,000 tonnes at an average grade of 0.486 g/t Au for 2.77 million ounces of gold”
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.