# Gold Mining News in Quebec Canonical page: https://atlas-extractions.minestarters.com/news?commodities=gold®ions=canada_qc Atlas summarizes and classifies mining-industry stories from third-party publishers. Follow each source link for the original reporting. Results: 377 Returned: 10 Coverage: drill results, resource updates, and metallurgy; primary commodity matching; all time unless dates are supplied. Region: Quebec (canada_qc) Commodity: Gold (gold) Applied filters: {"regions":["canada_qc"],"commodities":["gold"],"commodity_scope":"primary","document_types":["drill_results","resource_update","metallurgy"],"document_type_match":"any"} Sort: published_at desc Offset: 0; page size: 10 [Next page](https://atlas-extractions.minestarters.com/news.md?commodities=gold®ions=canada_qc&page=2&page_size=10) ## ESGold Intersects Multiple Sulphide-Bearing Intervals as Montauban Drilling Surpasses 2,000 Metres - Atlas analysis: [Read analysis](https://atlas-extractions.minestarters.com/news/esgold-intersects-multiple-sulphide-bearing-intervals-as-montauban-drilling-surp--9557394b-97af-47b4-87b0-f52b7c94cdd5) · [Markdown](https://atlas-extractions.minestarters.com/news/esgold-intersects-multiple-sulphide-bearing-intervals-as-montauban-drilling-surp--9557394b-97af-47b4-87b0-f52b7c94cdd5.md) - Original announcement: 2026-09-24T11:32:00.000Z - Atlas analysis published: Unknown date - Atlas analysis updated: Unknown date - Company: ESGold Corp. (ESAU.CN) - Original source: [orestocks](https://orestocks.com/company/ESAU.CN/press-releases/6829483581686608) - Atlas sentiment: 0.127 - Atlas tags: Nearology Play, No QA/QC Disclosure ESGold has completed approximately 2,030 metres of its 5,000-metre Montauban drilling program. Visual observations have identified sulphide-bearing intervals (pyrite, pyrrhotite, and galena), but assay results for the 400 submitted samples are still pending. ## Early drillholes at Terragold return encouraging results for Bullion - Atlas analysis: [Read analysis](https://atlas-extractions.minestarters.com/news/early-drillholes-at-terragold-return-encouraging-results-for-bullion--c92345c2-c9a5-432a-82d0-8c4c355be9cf) · [Markdown](https://atlas-extractions.minestarters.com/news/early-drillholes-at-terragold-return-encouraging-results-for-bullion--c92345c2-c9a5-432a-82d0-8c4c355be9cf.md) - Original announcement: 2026-09-23T14:07:11.000Z - Atlas analysis published: Unknown date - Atlas analysis updated: Unknown date - Company: Bullion Gold (BGD) - Original source: [canadianminingjournal](https://www.canadianminingjournal.com/news/early-drillholes-at-terragold-return-encouraging-results-for-bullion/) - Atlas sentiment: 0.623 - Atlas tags: Step-Out Extension, Bonanza Intercept Bullion Gold has announced encouraging results from the first four drillholes of its validation campaign at the Terragold property in Quebec. Highlights include a 13.40 g/t Au intercept over 1 metre and a 3.43 g/t Au intercept over 5.3 metres. ## Mosaic Closes a First Tranche of a Private Placement and Prepares to Drill on Golden Island - Atlas analysis: [Read analysis](https://atlas-extractions.minestarters.com/news/mosaic-closes-a-first-tranche-of-a-private-placement-and-prepares-to-drill-on-go--076d2d61-0803-49a6-9d5c-6c48e78682a9) · [Markdown](https://atlas-extractions.minestarters.com/news/mosaic-closes-a-first-tranche-of-a-private-placement-and-prepares-to-drill-on-go--076d2d61-0803-49a6-9d5c-6c48e78682a9.md) - Original announcement: 2026-09-23T12:05:00.000Z - Atlas analysis published: Unknown date - Atlas analysis updated: Unknown date - Company: Mosaic Minerals Corporation (MOC.CN) - Original source: [orestocks](https://orestocks.com/company/MOC.CN/press-releases/6124326157713375) - Atlas sentiment: 0.275 - Atlas tags: capital_raise, exploration Mosaic Minerals Corporation has closed the first tranche of a private placement, raising approximately $592,031 to fund exploration. The proceeds will support an upcoming 2,500-metre drilling campaign at the Golden Island gold project in Quebec. ## Mosaic Closes a First Tranche of a Private Placement and Prepares to Drill on Golden Island - Atlas analysis: [Read analysis](https://atlas-extractions.minestarters.com/news/mosaic-closes-a-first-tranche-of-a-private-placement-and-prepares-to-drill-on-go--19e17faa-ad05-4274-bfa1-1ead7be8419b) · [Markdown](https://atlas-extractions.minestarters.com/news/mosaic-closes-a-first-tranche-of-a-private-placement-and-prepares-to-drill-on-go--19e17faa-ad05-4274-bfa1-1ead7be8419b.md) - Original announcement: 2026-09-23T12:05:00.000Z - Atlas analysis published: Unknown date - Atlas analysis updated: Unknown date - Company: Mosaic Minerals Corporation (MOC) - Original source: [newsfile](https://www.newsfilecorp.com/release/315630/Mosaic-Closes-a-First-Tranche-of-a-Private-Placement-and-Prepares-to-Drill-on-Golden-Island) - Atlas sentiment: 0.275 - Atlas tags: Nearology Play, QA/QC Disclosed Mosaic Minerals Corporation has closed a first tranche of a private placement, raising approximately $592,031 to fund exploration. The proceeds will support an upcoming 2,500-metre drilling campaign at the Golden Island gold project in Quebec. ## Bullion Gold Intersects 2.49 g/t Au Over 8.4 Metres Including 13.40 g/t Au Over 1.0 Metre in DDH TG-05 at Terragold - Atlas analysis: [Read analysis](https://atlas-extractions.minestarters.com/news/bullion-gold-intersects-2-49-g-t-au-over-8-4-metres-including-13-40-g-t-au-over--4ae78dc1-ffce-4a2e-b7a9-a1ad0714d812) · [Markdown](https://atlas-extractions.minestarters.com/news/bullion-gold-intersects-2-49-g-t-au-over-8-4-metres-including-13-40-g-t-au-over--4ae78dc1-ffce-4a2e-b7a9-a1ad0714d812.md) - Original announcement: 2026-09-23T10:49:00.000Z - Atlas analysis published: Unknown date - Atlas analysis updated: Unknown date - Company: Bullion Gold Discoveries Corp. (BGD.V) - Original source: [orestocks](https://orestocks.com/company/BGD.V/press-releases/6025473053299650) - Atlas sentiment: 0.506 - Atlas tags: True Width Disclosed, QA/QC Disclosed, QP/CP Signed Bullion Gold Discoveries Corp. announced initial assay results from its validation drilling campaign at the Terragold property in Quebec, highlighting a high-grade intercept of 2.49 g/t Au over 8.4 metres, including 13.40 g/t Au over 1.0 metre, in hole TG-05. All four reported holes returned multiple gold intercepts greater than 1.00 g/t Au over 1.0 metre, confirming shallow, high-grade gold mineralization. The company noted that true thicknesses remain unknown and assay results for the remaining 28 of 32 drill holes are pending. ## Maple Gold Launches Fully Funded 25,000m Drill Campaign, Targets Mid-2027 PEA for Douay/Joutel - Atlas analysis: [Read analysis](https://atlas-extractions.minestarters.com/news/maple-gold-launches-fully-funded-25-000m-drill-campaign-targets-mid-2027-pea-for--c9cf3783-f4b3-4ea7-8453-a8c5efcd2887) · [Markdown](https://atlas-extractions.minestarters.com/news/maple-gold-launches-fully-funded-25-000m-drill-campaign-targets-mid-2027-pea-for--c9cf3783-f4b3-4ea7-8453-a8c5efcd2887.md) - Original announcement: 2026-09-23T00:00:00.000Z - Atlas analysis published: Unknown date - Atlas analysis updated: Unknown date - Company: Maple Gold Mines Ltd. (MGM) - Original source: [cruxinvestor](https://www.cruxinvestor.com/posts/maple-gold-launches-fully-funded-25-000m-drill-campaign-targets-mid-2027-pea-for-douay-joutel-) - Atlas sentiment: 0.343 - Atlas tags: Step-Out Extension, Inferred Resource, Maiden Resource Maple Gold Mines has launched a fully funded C$9 million, 25,000m drill campaign at its Joutel project in Québec to expand and upgrade its 5.2Moz gold resource. The company is targeting a Preliminary Economic Assessment (PEA) by mid-2027 following an internal scoping study that suggests the Douay/Joutel complex could support two mines. ## Formation Metals drills 0.98 g/t gold over 95.6 metres at N2 Project, Quebec - Atlas analysis: [Read analysis](https://atlas-extractions.minestarters.com/news/formation-metals-drills-0-98-g-t-gold-over-95-6-metres-at-n2-project-quebec--30585464-44c3-4404-8a6f-2fe03ee5ff83) · [Markdown](https://atlas-extractions.minestarters.com/news/formation-metals-drills-0-98-g-t-gold-over-95-6-metres-at-n2-project-quebec--30585464-44c3-4404-8a6f-2fe03ee5ff83.md) - Original announcement: 2026-09-22T17:51:15.000Z - Atlas analysis published: Unknown date - Atlas analysis updated: Unknown date - Company: Formation Metals Inc. (FOMO) - Original source: [resourceworld](https://resourceworld.com/formation-metals-drills-0-98-g-t-gold-over-95-6-metres-at-n2-project-quebec/) - Atlas sentiment: 0.686 - Atlas tags: Step-Out Extension, QA/QC Disclosed, Inferred Resource Formation Metals reported significant gold drill results from its N2 Project in Quebec, specifically hole N2-26-033 which extended the A-Zone mineralization northward beyond historical limits. The hole returned continuous gold near the surface, including a high-grade intercept of 3.14 g/t Au over 10 metres. ## Canadian GoldCamps Reports High-Grade Gold and Manganese-Enriched Iron Formation at Mercator - Atlas analysis: [Read analysis](https://atlas-extractions.minestarters.com/news/canadian-goldcamps-reports-high-grade-gold-and-manganese-enriched-iron-formation--56358515-93fc-4267-91c3-18fe80c087b8) · [Markdown](https://atlas-extractions.minestarters.com/news/canadian-goldcamps-reports-high-grade-gold-and-manganese-enriched-iron-formation--56358515-93fc-4267-91c3-18fe80c087b8.md) - Original announcement: 2026-09-22T15:42:21.000Z - Atlas analysis published: Unknown date - Atlas analysis updated: Unknown date - Company: Canadian GoldCamps Corp. (CAMP) - Original source: [cse](https://webfiles-primary.thecse.com/news_releases/neutral/2805/c4203ffa-75df-48a9-9590-0ccdece387a8) - Atlas sentiment: 0.144 - Atlas tags: None Canadian GoldCamps Corp. announced results from a quarter-core re-sampling program at its Mercator Gold Project in Québec, confirming high-grade gold intercepts including 2.05 g/t gold over 8.65 metres in hole MCT-22-08. The program also identified manganese-enriched iron formation (up to 1.96% Mn) and elevated copper (up to 240.5 ppm Cu) and arsenic, providing new exploration vectors. While the re-sampling generally yielded lower grades than the original 2022 assays, the company filed an independent NI 43-101 Technical Report recommending a C$4.895 million exploration program. ## Formation Metals Intersects 0.98 g/t Au over 95.6 Metres Starting 7 Metres Below Surface, Including 3.14 g/t Au over the First 10 Metres, Extending the A-Zone Up to 50 Metres North at N2 - Atlas analysis: [Read analysis](https://atlas-extractions.minestarters.com/news/formation-metals-intersects-0-98-g-t-au-over-95-6-metres-starting-7-metres-below--d0f995c2-c884-4d24-a324-2a6fd10ff5dd) · [Markdown](https://atlas-extractions.minestarters.com/news/formation-metals-intersects-0-98-g-t-au-over-95-6-metres-starting-7-metres-below--d0f995c2-c884-4d24-a324-2a6fd10ff5dd.md) - Original announcement: 2026-09-22T14:30:00.000Z - Atlas analysis published: Unknown date - Atlas analysis updated: Unknown date - Company: Formation Metals Inc. (FOMO.CN) - Original source: [orestocks](https://orestocks.com/company/FOMO.CN/press-releases/6968085107466484) - Atlas sentiment: 0.632 - Atlas tags: None Formation Metals announced high-grade gold drill results from its N2 Property in Quebec, with a highlight intercept of 3.14 g/t Au over 10.0 metres within a broader 95.6-metre interval grading 0.98 g/t Au, starting just 7 metres below surface. This extends the A-Zone's northern horizon up to 50 metres north, demonstrating continuity in previously untested ground. The company is undertaking a fully funded 75,000-metre drill program to further expand the mineralization, which remains open in multiple directions, and is working towards a maiden Mineral Resource Estimate. ## Amex Gold tables development update at Quebec project - Atlas analysis: [Read analysis](https://atlas-extractions.minestarters.com/news/amex-gold-tables-development-update-at-quebec-project--f89eeb35-c10e-4de1-9a37-a4a5e8389971) · [Markdown](https://atlas-extractions.minestarters.com/news/amex-gold-tables-development-update-at-quebec-project--f89eeb35-c10e-4de1-9a37-a4a5e8389971.md) - Original announcement: 2026-09-21T13:09:32.000Z - Atlas analysis published: Unknown date - Atlas analysis updated: Unknown date - Company: Amex Gold Mining Inc. (AMX) - Original source: [resourceworld](https://resourceworld.com/amex-gold-tables-development-update-at-quebec-project/) - Atlas sentiment: 0.526 - Atlas tags: Permitting Milestone, Bonanza Intercept Amex Gold Mining Inc. has advanced its Perron Gold Project in Quebec by commencing underground development and filing a Project Notice for environmental assessment. The update also highlights high-grade drill results from the new Rose Zone and reiterates key metrics from a recent feasibility study. # Atlas tag definitions - **Bonanza Intercept:** Exceptionally high-grade zone, well above the deposit-type norm. - **Metal Equivalent Opaque:** Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent. - **True Width Disclosed:** Actual thickness perpendicular to structure is stated, not just downhole length. - **Apparent Width Only:** Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. - **QA/QC Disclosed:** Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates). - **Compositing Transparent:** Cut-off grade and internal dilution rules are clearly stated for reported intervals. - **No QA/QC Disclosure:** Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. - **Cut-off Undisclosed:** Cut-off grade not disclosed — cannot assess comparability to prior estimates or peers. - **Step-Out Extension:** Mineralization extended beyond the previously known limit. - **Infill Drilling:** Confirmatory drilling to raise resource confidence, not new discovery. - **Stale Data Re-release:** Historical results re-announced with no new assays or reinterpretation — low genuine novelty. - **Deleterious Elements Present:** A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent. - **Refractory Ore:** Complex mineralogy requiring oxidation or other special processing before recovery. - **Nearology Play:** Value premise rests on proximity to a known deposit rather than own results. - **Measured Resource:** Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. - **Indicated Resource:** Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. - **Proven Reserve:** Measured Resource with demonstrated economic viability after applying modifying factors. - **Probable Reserve:** Indicated Resource with demonstrated economic viability after applying modifying factors. - **Inferred Resource:** Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. - **All Inferred:** M&I share below the weak bound — very early stage, no engineering confidence. - **Tonnage Growth:** Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved. - **Grade Improvement:** Average resource grade improved vs prior estimate — better deposit economics. - **Contained Metal Growth:** True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes. - **Category Upgrade:** Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal. - **Tonnage Decline:** Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down. - **Grade Decline:** Average grade fell below the red-flag bound vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling. - **Contained Metal Decline:** Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain. - **Category Downgrade:** Resource confidence decreased — Measured downgraded to Indicated, or Indicated to Inferred. Unusual and concerning. - **Dilutive Growth:** Tonnage increased but contained metal flat or down — likely from lower cut-off grade, not geological expansion. - **Cut-off Lowered:** Cut-off grade reduced beyond the suspicious bound vs prior estimate — tonnage growth may be artificial inflation. - **Cut-off Undisclosed:** Cut-off grade not disclosed — cannot assess comparability to prior estimates or peers. - **Stale Estimate:** Effective date is >2 years old — data currency concern, may not reflect current geological understanding. - **QP/CP Signed:** 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. - **Cut-off Disclosed:** Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. - **JORC Compliant:** Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard. - **NI 43-101 Compliant:** Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard. - **Historical Estimate Only:** Estimate pre-dates or does not comply with current JORC/NI 43-101 standards — requires verification drilling. - **No Contained Metal:** Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. - **No QP/CP Disclosure:** No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. - **Maiden Resource:** First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component. No prior estimate exists, so every change band is not applicable. - **Resource Update:** Revised estimate for an existing resource — compare to prior to assess progress. - **PEA-Supporting:** Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. - **PFS-Supporting:** Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. - **DFS-Supporting:** Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. - **High Recovery:** Recovery at or above the exceptional band for the commodity and processing route. - **Pilot Scale Complete:** Pilot or demonstration plant testing completed under continuous operation. - **Free Milling:** Simple, clean ore amenable to standard processing without oxidation. - **Multi-Domain Tested:** Variability across ore domains (oxide, transition, fresh) has been addressed. - **Recovery Improving:** Recovery improved versus a like-for-like prior test program on the same domain and route. - **Low Recovery:** Recovery below the weak band for the commodity and processing route. - **Bench Scale Only:** Only preliminary bench tests completed — no locked-cycle or pilot work. - **Refractory Ore:** Complex mineralogy requiring oxidation or other special processing before recovery. - **Single Domain Only:** Testing limited to one composite or domain — representativeness not established. - **Recovery Stagnant:** No improvement across multiple test programs on comparable material. - **Theoretical Recovery Only:** Only theoretical or liberation-derived recovery reported, with no actual test result. - **Heap Leach Route:** Processing via heap leach — lower CAPEX and OPEX, lower recovery expected. - **Mill Route:** Processing via mill or concentrator (CIL, CIP, tank leach, flotation). - **Gravity Route:** Gravity separation forms a material part of the flowsheet. - **POX/BIOX Route:** Pressure or bio-oxidation for refractory ore — high CAPEX and OPEX. - **Byproduct Commodity:** The tested commodity is a byproduct rather than the primary economic driver. - **DFS Bankable:** AACE Class 2-1 study complete and within the staleness window. - **PFS Complete:** AACE Class 3 study complete. - **PEA Only:** Only Class 4 / Initial Assessment economics available. Not bankable. - **No Study:** No formal economic study — no engineering basis for the economics quoted. - **Stale Study:** Beyond the staleness window measured from the estimate base date. - **Inferred Heavy Feed:** Material Inferred share of LOM mill feed, or the share is undisclosed. - **Resource Governance Undisclosed:** No QA/QC, top-cut methodology or QP independence disclosed. Caps study quality at the moderate tier. - **NPV Cut vs Prior Study:** A restated study reduces NPV materially against its own predecessor on the same asset. - **High IRR:** Post-tax real unlevered IRR in the strong tier or better. - **Low IRR:** IRR below the moderate tier. - **Below Jurisdiction Hurdle:** IRR below the greenfield or brownfield hurdle for its jurisdiction tier. - **IRR Basis Undisclosed:** Real vs nominal not stated, so the tier is not comparable across studies. - **Undervalued PNAV:** Funding-adjusted P/NAV in the strong tier or better. - **Overvalued PNAV:** Funding-adjusted P/NAV in the red-flag tier. - **Fast Payback:** Payback in the strong tier or better, on the required basis. - **Slow Payback:** Payback in the weak tier or worse. - **Bottom Quartile Cost:** P0-25 of the relevant commodity cost curve. - **Top Quartile Cost:** P75-100 of the relevant commodity cost curve — first to cut in a downturn. - **Cost Basis Undisclosed:** By-product vs co-product not stated, so quartile placement is unreliable. - **Low Capital Intensity:** Below the benchmark for its project type. - **High Capital Intensity:** Above the benchmark for its project type. - **Conservative Pricing:** Conservative on the worst of the spot, 3-year and consensus comparisons. - **Aggressive Pricing:** The study only works on a stretched price deck. - **No Price Sensitivity:** No price sensitivity disclosed — treated as a deliberate signal, not a neutral gap. - **No Discount Rate Sensitivity:** Blocks NPV normalisation to the common rate without reconstruction. - **Price Deck Unstructured:** Prices given only as free text, so conservatism cannot be scored. - **Long Reserve Life:** Reserve life index in the top tier of the single ladder. - **Short Reserve Life:** Reserve life index in the critical tier. - **Resource Life Upside:** Wide gap between reserve life and resource life — conversion upside rather than discovery dependence. - **Fully Funded:** Funding coverage at or above 1.0x counting committed facilities only. - **Material Funding Gap:** Funding coverage below the substantially-funded band. - **Funding Gap Exceeds Market Cap:** Red flag regardless of headline NPV — the upside is not reachable by the current equity holder. - **Encumbered by Stream:** An existing stream or royalty reduces attributable NAV and restricts future financing. - **Stability Agreement:** Fiscal terms fixed, with a term covering the mine life. - **High Government Take:** Total government take above the regional norm as a share of pre-tax cash flow. - **Fully Permitted:** Key permits granted with no unresolved challenge. - **Permit Challenge Outstanding:** An appeal or legal challenge is unresolved, which can defer first production indefinitely. - **No Community Agreement:** Permits held but no IBA or benefit agreement — the start date is unsupported. - **Closure Underprovisioned:** Closure provision materially below peers, unfunded, or undisclosed. - **Upstream TSF:** Upstream tailings construction, which is banned in Brazil and Ecuador.