# Upside Gold Exceeds Planned 4,000-Metre Drill Program At Kena Gold-Copper Project; Drilling To Continue Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/upside-gold-exceeds-planned-4-000-metre-drill-program-at-kena-gold-copper-projec--e86632cb-6640-49cf-b472-72ccde7a2068 Original source: https://orestocks.com/company/UG.CN/press-releases/7187745072314223 Publisher: orestocks Original announcement: 2026-08-19T12:30:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Upside Gold Corp. - Ticker: UG - Exchange: Unavailable - Region: British Columbia - Primary commodity: Gold - Secondary commodities: Copper, Silver - Document categories: Drill results, Resource update, Metallurgy - Extracted: 2026-08-19 13:10:13 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary Upside Gold has completed 4,645 metres of diamond drilling at the Kena Gold-Copper Project, exceeding its original 4,000-metre target. The company is advancing towards an updated NI 43-101 mineral resource estimate for 2027 and has initiated metallurgical testing. Reasoning: The company is reporting progress on a drill program and expansion of scope, but actual assay results \(the primary driver of value\) are not included in this update. - Positive factor: drill program exceeded planned meterage - Positive factor: exploration permit extended - Positive factor: strong treasury - Positive factor: metallurgical testing underway - Negative factor: no new assay results reported in this release - Negative factor: historical resource relies on unverified data Facts used in scoring: 2 ## Classification and evidence **Inferred Resource** Polarity: negative Definition: 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 **Historical Estimate Only** Polarity: negative Definition: Estimate pre-dates or does not comply with current JORC/NI 43-101 standards — requires verification drilling. Why it applies: The resource data provided is from a 2021 technical report and is not treated as current. Evidence · text > The historical resource estimate is disclosed in the technical report... dated May 3, 2021 **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: The release mentions a Qualified Person \(Trevor Boyd, P.Geo.\) has reviewed the technical information. Evidence · text > reviewed and approved by Trevor Boyd, P.Geo., Vice President, Exploration of the Company and a Qualified Person ## Extracted facts Stored fact records: 2. Some facts used in scoring do not have a stored record. ## Drill Results (2) ### Fact 1 [Link to this fact](https://atlas-staging.minestarters.com/news/upside-gold-exceeds-planned-4-000-metre-drill-program-at-kena-gold-copper-projec--e86632cb-6640-49cf-b472-72ccde7a2068#fact-drill-facts-0) gold Historical result Needs review: historical\_restatement #### 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: 2026-08-19T00:00:00.000Z Reasoning: Historical resource provided for context; not treated as current by the company. 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 2 [Link to this fact](https://atlas-staging.minestarters.com/news/upside-gold-exceeds-planned-4-000-metre-drill-program-at-kena-gold-copper-projec--e86632cb-6640-49cf-b472-72ccde7a2068#fact-drill-facts-1) gold Historical result Needs review: historical\_restatement #### 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: 2026-08-19T00:00:00.000Z Reasoning: Historical resource provided for context; not treated as current by the company. 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.