1911 Gold Confirms Extensions of the L10 Zone at True North

Original announcement by research on

Company
Unavailable
Ticker
AUMB
Exchange
TSXV
Region
southeast Manitoba, Canada
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Drill results, Resource update, Other
Extracted
2026-11-04 17:30:59 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

1911 Gold reported underground drill results from the L10 Zone at True North, including several high-grade gold intercepts and multiple step-outs outside the 2024 MRE. The company says the drilling may extend mineralization toward the 710-711 Zone and will feed a global resource update later this year. QA/QC, the cut-off grade, and internal dilution are disclosed, and the release notes the intervals are core length with estimated true widths of 60% to 90%.

Reasoning: This is a drill-results release with strong extension-style intercepts from an underground gold program, and the body also references the existing resource model and an upcoming resource update.

Positive factors

  • Reported multiple gold intercepts from underground resource expansion drilling
  • Intercepts include high-grade intervals such as 11.54 g/t Au over 3.70 m and 22.10 g/t Au over 0.60 m
  • Results are described as extensions outside the 2024 MRE and potentially link L10 with 710-711
  • QA/QC, qualified person sign-off, cut-off grade and internal dilution are disclosed

Negative factors

  • Intervals are downhole lengths; true widths are only estimated at 60% to 90%
  • Some reported intercepts are sub-metre or narrow, which limits geometry certainty
  • Several holes are still pending release and the program is ongoing

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 37

Classification and evidence

Step Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The release says drilling intersected gold mineralization as extensions and outside of the 2024 MRE and potentially extended mineralization up to 160 m down-plunge.

Evidence · text

“extensions and outside of the 2024 MRE”

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: The notes state the intervals are drill core length and are considered to represent 60% to 90% of true widths.

Evidence · text

“considered to represent 60% to 90% of true widths”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: The release names the laboratory and describes blanks, standards, duplicate-style reanalysis and preparation procedures.

Evidence · text

“Quality Assurance/Quality Controls (QA/QC)”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The company says the program includes infill and delineation drilling on areas anticipated for the early years of production within the PEA mine plan.

Evidence · text

“focused on infill and delineation drilling”

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Intervals are reported as drill core length and the document does not give exact true widths per intercept, only an overall 60% to 90% estimate.

Evidence · text

“Intervals represent drill core length”

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: The release reports 22.10 g/t Au over 0.60 m and 20.20 g/t Au over 0.70 m, which are exceptionally high-grade intervals.

Evidence · text

“22.10 g/t Au over 0.60 m”

Extracted facts

Stored fact records: 37. Some facts used in scoring do not have a stored record.

Drill Results (33)

UG16-25-001True North · goldGrade: 9.78Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
UG16-25-001
Project
True North
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
AUMB

Geometry

Grade
9.78
Grade Unit
g/t
Intercept
0.5 m
From
139.5 m
To
140 m
Hole Depth
249 m
Intercept Depth
139.5 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
UG16-25-001:139.5-140.0
Mining Method
underground

Location

Location
L10 / New Vein
Easting
313086
Northing
5656168
CRS
UTM NAD83 Zone 15
Elevation
-468 m
Azimuth
173 °
Dip
-41 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. (Actlabs)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
blanks

Compositing

Cutoff Grade
2.25
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
2.5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Reasoning: A high-grade narrow intercept from underground resource expansion drilling that supports extension of the L10 mineralization.

Positive factors

  • Grade exceeds the reported cut-off and sits well above typical underground gold thresholds for a narrow vein
  • The intercept is part of an extension-style resource expansion drill program
  • QA/QC and true-width context are disclosed in the release

Negative factors

  • Downhole length is short and the release only states estimated true width range for the whole table, not this individual intercept
  • This is a single narrow interval rather than a continuous thicker zone

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The latest assay results represent twelve (12) drill holes for 3,608 metres (“m”) from the underground resource expansio"

UG16-25-001True North · goldGrade: 2.43Grade Unit: g/tIntercept: 0.6 mView all details
Link to this fact

Identity

Hole ID
UG16-25-001
Project
True North
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
AUMB

Geometry

Grade
2.43
Grade Unit
g/t
Intercept
0.6 m
From
190.7 m
To
191.3 m
Hole Depth
249 m
Intercept Depth
190.7 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
UG16-25-001:190.7-191.3
Mining Method
underground

Location

Location
L10 / New Vein
Easting
313086
Northing
5656168
CRS
UTM NAD83 Zone 15
Elevation
-468 m
Azimuth
173 °
Dip
-41 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. (Actlabs)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
blanks

Compositing

Cutoff Grade
2.25
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
2.5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Reasoning: A smaller but still economic gold intercept in the same hole, adding continuity to the reported vein system.

Positive factors

  • Above the stated cut-off grade
  • Supports continuity of mineralization in the L10 resource expansion program

Negative factors

  • Narrow intercept and no true width for this specific interval
  • Modest grade compared with the headline intervals

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The latest assay results represent twelve (12) drill holes for 3,608 metres (“m”) from the underground resource expansio"

UG16-25-002True North · goldGrade: 3Grade Unit: g/tIntercept: 7.2 mView all details
Link to this fact

Identity

Hole ID
UG16-25-002
Project
True North
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
AUMB

Geometry

Grade
3
Grade Unit
g/t
Intercept
7.2 m
From
163.7 m
To
170.9 m
Hole Depth
214.5 m
Intercept Depth
163.7 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
UG16-25-002:163.7-170.9
Mining Method
underground

Location

Location
L10 / V-1030
Easting
313087
Northing
5656168
CRS
UTM NAD83 Zone 15
Elevation
-468 m
Azimuth
150 °
Dip
-56 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. (Actlabs)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
blanks

Compositing

Cutoff Grade
2.25
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
2.5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Reasoning: A meaningful gold intercept over a moderate width that strengthens the interpretation of vein extension.

Positive factors

  • Broad intercept with grade above cut-off
  • The release says this hole confirmed down-plunge extension of the V-1030 vein
  • Part of the program that extends mineralization outside the 2024 MRE

Negative factors

  • True width not stated per intercept; only an overall range is provided for the table
  • Downhole width is longer than the higher-grade sub-intervals

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The latest assay results represent twelve (12) drill holes for 3,608 metres (“m”) from the underground resource expansio"

UG16-25-002True North · goldGrade: 7.67Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
UG16-25-002
Project
True North
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
AUMB

Geometry

Grade
7.67
Grade Unit
g/t
Intercept
0.5 m
From
167.1 m
To
167.6 m
Hole Depth
214.5 m
Intercept Depth
167.1 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
UG16-25-002:163.7-170.9
Mining Method
underground

Location

Location
L10 / V-1030
Easting
313087
Northing
5656168
CRS
UTM NAD83 Zone 15
Elevation
-468 m
Azimuth
150 °
Dip
-56 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. (Actlabs)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
blanks

Compositing

Cutoff Grade
2.25
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
2.5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Reasoning: A high-grade sub-interval that reinforces the tenor of the broader V-1030 intercept.

Positive factors

  • High grade relative to the stated cut-off
  • Adds internal high-grade tenor within the broader intercept

Negative factors

  • Very narrow downhole width

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The latest assay results represent twelve (12) drill holes for 3,608 metres (“m”) from the underground resource expansio"

UG16-25-002True North · goldGrade: 6.44Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
UG16-25-002
Project
True North
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
AUMB

Geometry

Grade
6.44
Grade Unit
g/t
Intercept
0.8 m
From
170.1 m
To
170.9 m
Hole Depth
214.5 m
Intercept Depth
170.1 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
UG16-25-002:163.7-170.9
Mining Method
underground

Location

Location
L10 / V-1030
Easting
313087
Northing
5656168
CRS
UTM NAD83 Zone 15
Elevation
-468 m
Azimuth
150 °
Dip
-56 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. (Actlabs)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
blanks

Compositing

Cutoff Grade
2.25
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
2.5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Reasoning: A smaller but still strong gold interval inside the broader V-1030 zone.

Positive factors

  • High-grade internal interval within the broader V-1030 intercept

Negative factors

  • Narrow interval

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The latest assay results represent twelve (12) drill holes for 3,608 metres (“m”) from the underground resource expansio"

UG16-25-002True North · goldGrade: 3.62Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
UG16-25-002
Project
True North
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
AUMB

Geometry

Grade
3.62
Grade Unit
g/t
Intercept
1 m
From
183.9 m
To
184.9 m
Hole Depth
214.5 m
Intercept Depth
183.9 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
UG16-25-002:183.9-184.9
Mining Method
underground

Location

Location
L10 / New Vein
Easting
313087
Northing
5656168
CRS
UTM NAD83 Zone 15
Elevation
-468 m
Azimuth
150 °
Dip
-56 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. (Actlabs)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
blanks

Compositing

Cutoff Grade
2.25
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
2.5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Reasoning: A moderate-grade narrow intercept that may represent a new parallel vein.

Positive factors

  • Above cut-off and consistent with new parallel vein potential mentioned in the release

Negative factors

  • Short interval

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The latest assay results represent twelve (12) drill holes for 3,608 metres (“m”) from the underground resource expansio"

UG16-25-002True North · goldGrade: 6.04Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
UG16-25-002
Project
True North
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
AUMB

Geometry

Grade
6.04
Grade Unit
g/t
Intercept
1 m
From
195.5 m
To
196.5 m
Hole Depth
214.5 m
Intercept Depth
195.5 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
UG16-25-002:195.5-196.5
Mining Method
underground

Location

Location
L10 / New Vein
Easting
313087
Northing
5656168
CRS
UTM NAD83 Zone 15
Elevation
-468 m
Azimuth
150 °
Dip
-56 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. (Actlabs)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
blanks

Compositing

Cutoff Grade
2.25
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
2.5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Reasoning: A strong narrow interval that adds to the new-vein interpretation in the L10 area.

Positive factors

  • Grade materially above cut-off
  • Supports the interpretation of additional parallel veining

Negative factors

  • Short intercept

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The latest assay results represent twelve (12) drill holes for 3,608 metres (“m”) from the underground resource expansio"

UG16-25-003True North · goldGrade: 3.31Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
UG16-25-003
Project
True North
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
AUMB

Geometry

Grade
3.31
Grade Unit
g/t
Intercept
0.5 m
From
223.8 m
To
224.3 m
Hole Depth
246 m
Intercept Depth
223.8 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
UG16-25-003:223.8-224.3
Mining Method
underground

Location

Location
L10 / V-1030
Easting
313088
Northing
5656169
CRS
UTM NAD83 Zone 15
Elevation
-468 m
Azimuth
111 °
Dip
-62 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. (Actlabs)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
blanks

Compositing

Cutoff Grade
2.25
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
2.5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Reasoning: A narrow but positive gold intercept associated with the V-1030 area.

Positive factors

  • Above the reported cut-off grade
  • Could represent a new parallel vein needing follow-up

Negative factors

  • Very narrow interval
  • Only a single short intercept

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The latest assay results represent twelve (12) drill holes for 3,608 metres (“m”) from the underground resource expansio"

UG16-25-016True North · goldGrade: 6.89Grade Unit: g/tIntercept: 1.3 mView all details
Link to this fact

Identity

Hole ID
UG16-25-016
Project
True North
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
AUMB

Geometry

Grade
6.89
Grade Unit
g/t
Intercept
1.3 m
From
44.3 m
To
45.6 m
Hole Depth
300 m
Intercept Depth
44.3 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
UG16-25-016:44.3-45.6
Mining Method
underground

Location

Location
L10 / New Vein
Easting
313300
Northing
5655946
CRS
UTM NAD83 Zone 15
Elevation
-464 m
Azimuth
231 °
Dip
-40 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. (Actlabs)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
blanks

Compositing

Cutoff Grade
2.25
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
2.5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Reasoning: A solid gold intercept in a new vein within the L10 area.

Positive factors

  • High-grade interval above cut-off
  • Part of a set of new parallel veins

Negative factors

  • Short interval

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The latest assay results represent twelve (12) drill holes for 3,608 metres (“m”) from the underground resource expansio"

UG16-25-016True North · goldGrade: 6.84Grade Unit: g/tIntercept: 0.7 mView all details
Link to this fact

Identity

Hole ID
UG16-25-016
Project
True North
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
AUMB

Geometry

Grade
6.84
Grade Unit
g/t
Intercept
0.7 m
From
48.9 m
To
49.6 m
Hole Depth
300 m
Intercept Depth
48.9 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
UG16-25-016:48.9-49.6
Mining Method
underground

Location

Location
L10 / New Vein
Easting
313300
Northing
5655946
CRS
UTM NAD83 Zone 15
Elevation
-464 m
Azimuth
231 °
Dip
-40 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. (Actlabs)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
blanks

Compositing

Cutoff Grade
2.25
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
2.5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Reasoning: A narrow high-grade interval adding to the new vein inventory.

Positive factors

  • Strong grade above cut-off

Negative factors

  • Very narrow interval

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The latest assay results represent twelve (12) drill holes for 3,608 metres (“m”) from the underground resource expansio"

UG16-25-016True North · goldGrade: 22.1Grade Unit: g/tIntercept: 0.6 mView all details
Link to this fact

Identity

Hole ID
UG16-25-016
Project
True North
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
AUMB

Geometry

Grade
22.1
Grade Unit
g/t
Intercept
0.6 m
From
56.3 m
To
56.9 m
Hole Depth
300 m
Intercept Depth
56.3 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
UG16-25-016:56.3-56.9
Mining Method
underground

Location

Location
L10 / New Vein
Easting
313300
Northing
5655946
CRS
UTM NAD83 Zone 15
Elevation
-464 m
Azimuth
231 °
Dip
-40 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. (Actlabs)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
blanks

Compositing

Cutoff Grade
2.25
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
2.5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Reasoning: A bonanza-style narrow gold intercept from the new vein set.

Positive factors

  • Exceptionally high grade and well above the cut-off
  • This is one of the strongest intervals in the release

Negative factors

  • Very narrow interval
  • No true width stated for this specific interval

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The latest assay results represent twelve (12) drill holes for 3,608 metres (“m”) from the underground resource expansio"

UG16-25-016True North · goldGrade: 9.26Grade Unit: g/tIntercept: 0.6 mView all details
Link to this fact

Identity

Hole ID
UG16-25-016
Project
True North
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
AUMB

Geometry

Grade
9.26
Grade Unit
g/t
Intercept
0.6 m
From
59.7 m
To
60.3 m
Hole Depth
300 m
Intercept Depth
59.7 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
UG16-25-016:59.7-60.3
Mining Method
underground

Location

Location
L10 / New Vein
Easting
313300
Northing
5655946
CRS
UTM NAD83 Zone 15
Elevation
-464 m
Azimuth
231 °
Dip
-40 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. (Actlabs)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
blanks

Compositing

Cutoff Grade
2.25
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
2.5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Reasoning: A strong narrow gold intercept in the new-vein cluster.

Positive factors

  • High grade above cut-off
  • Adds to the cluster of new parallel-vein intercepts

Negative factors

  • Very narrow interval

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The latest assay results represent twelve (12) drill holes for 3,608 metres (“m”) from the underground resource expansio"

UG16-25-019True North · goldGrade: 3.14Grade Unit: g/tIntercept: 0.6 mView all details
Link to this fact

Identity

Hole ID
UG16-25-019
Project
True North
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
AUMB

Geometry

Grade
3.14
Grade Unit
g/t
Intercept
0.6 m
From
106.6 m
To
107.2 m
Hole Depth
360 m
Intercept Depth
106.6 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
UG16-25-019:106.6-107.2
Mining Method
underground

Location

Location
L10 / New Vein
Easting
313301
Northing
5655945
CRS
UTM NAD83 Zone 15
Elevation
-465 m
Azimuth
196 °
Dip
-51 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. (Actlabs)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
blanks

Compositing

Cutoff Grade
2.25
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
2.5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Reasoning: A small but positive gold intercept in a new vein.

Positive factors

  • Above the stated cut-off grade

Negative factors

  • Very short intercept

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The latest assay results represent twelve (12) drill holes for 3,608 metres (“m”) from the underground resource expansio"

UG16-25-024True North · goldGrade: 4.82Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
UG16-25-024
Project
True North
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
AUMB

Geometry

Grade
4.82
Grade Unit
g/t
Intercept
0.8 m
From
10.5 m
To
11.3 m
Hole Depth
360 m
Intercept Depth
10.5 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
UG16-25-024:10.5-11.3
Mining Method
underground

Location

Location
L10 / New Vein
Easting
313302
Northing
5655945
CRS
UTM NAD83 Zone 15
Elevation
-464 m
Azimuth
202 °
Dip
-38 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. (Actlabs)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
blanks

Compositing

Cutoff Grade
2.25
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
2.5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Reasoning: A narrow but robust gold intercept in the new-vein set.

Positive factors

  • Above cut-off and relatively shallow in the hole

Negative factors

  • Very narrow interval

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The latest assay results represent twelve (12) drill holes for 3,608 metres (“m”) from the underground resource expansio"

UG16-26-029True North · goldGrade: 1.12Grade Unit: g/tIntercept: 1.1 mView all details
Link to this fact

Identity

Hole ID
UG16-26-029
Project
True North
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
AUMB

Geometry

Grade
1.12
Grade Unit
g/t
Intercept
1.1 m
From
94.4 m
To
95.5 m
Hole Depth
345 m
Intercept Depth
94.4 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
UG16-26-029:94.4-95.5
Mining Method
underground

Location

Location
L10 / New Vein
Easting
313301
Northing
5655945
CRS
UTM NAD83 Zone 15
Elevation
-464 m
Azimuth
193 °
Dip
-21 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. (Actlabs)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
blanks

Compositing

Cutoff Grade
2.25
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
2.5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Reasoning: A weak intercept that falls below the reported cut-off and is less material than the higher-grade results.

Positive factors

  • Still reports gold above background

Negative factors

  • Below the reported cut-off grade
  • Low grade relative to the headline intercepts

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The latest assay results represent twelve (12) drill holes for 3,608 metres (“m”) from the underground resource expansio"

UG16-26-033True North · goldGrade: 2.46Grade Unit: g/tIntercept: 3.4 mView all details
Link to this fact

Identity

Hole ID
UG16-26-033
Project
True North
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
AUMB

Geometry

Grade
2.46
Grade Unit
g/t
Intercept
3.4 m
From
29.5 m
To
32.9 m
Hole Depth
381 m
Intercept Depth
29.5 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
UG16-26-033:29.5-32.9
Mining Method
underground

Location

Location
L10 / New Vein
Easting
313301
Northing
5655946
CRS
UTM NAD83 Zone 15
Elevation
-464 m
Azimuth
210 °
Dip
-31 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. (Actlabs)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
blanks

Compositing

Cutoff Grade
2.25
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
2.5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Reasoning: A modest gold intercept that is still above the stated reporting threshold.

Positive factors

  • Above cut-off and long enough to suggest some continuity

Negative factors

  • Grade only modestly above the cut-off

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The latest assay results represent twelve (12) drill holes for 3,608 metres (“m”) from the underground resource expansio"

UG16-26-033True North · goldGrade: 3.12Grade Unit: g/tIntercept: 1.2 mView all details
Link to this fact

Identity

Hole ID
UG16-26-033
Project
True North
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
AUMB

Geometry

Grade
3.12
Grade Unit
g/t
Intercept
1.2 m
From
31 m
To
32.2 m
Hole Depth
381 m
Intercept Depth
31 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
UG16-26-033:29.5-32.9
Mining Method
underground

Location

Location
L10 / New Vein
Easting
313301
Northing
5655946
CRS
UTM NAD83 Zone 15
Elevation
-464 m
Azimuth
210 °
Dip
-31 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. (Actlabs)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
blanks

Compositing

Cutoff Grade
2.25
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
2.5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Reasoning: A better-grade internal interval within the same hole and vein set.

Positive factors

  • Higher-grade sub-interval within the broader intercept

Negative factors

  • Narrow

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The latest assay results represent twelve (12) drill holes for 3,608 metres (“m”) from the underground resource expansio"

UG16-26-033True North · goldGrade: 5.36Grade Unit: g/tIntercept: 0.7 mView all details
Link to this fact

Identity

Hole ID
UG16-26-033
Project
True North
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
AUMB

Geometry

Grade
5.36
Grade Unit
g/t
Intercept
0.7 m
From
40 m
To
40.7 m
Hole Depth
381 m
Intercept Depth
40 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
UG16-26-033:40.0-40.7
Mining Method
underground

Location

Location
L10 / New Vein
Easting
313301
Northing
5655946
CRS
UTM NAD83 Zone 15
Elevation
-464 m
Azimuth
210 °
Dip
-31 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. (Actlabs)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
blanks

Compositing

Cutoff Grade
2.25
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
2.5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Reasoning: A narrow but strong gold intercept.

Positive factors

  • Clear grade above the cut-off

Negative factors

  • Short interval

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The latest assay results represent twelve (12) drill holes for 3,608 metres (“m”) from the underground resource expansio"

UG16-26-033True North · goldGrade: 3.85Grade Unit: g/tIntercept: 0.9 mView all details
Link to this fact

Identity

Hole ID
UG16-26-033
Project
True North
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
AUMB

Geometry

Grade
3.85
Grade Unit
g/t
Intercept
0.9 m
From
80.1 m
To
81 m
Hole Depth
381 m
Intercept Depth
80.1 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
UG16-26-033:80.1-81.0
Mining Method
underground

Location

Location
L10 / New Vein
Easting
313301
Northing
5655946
CRS
UTM NAD83 Zone 15
Elevation
-464 m
Azimuth
210 °
Dip
-31 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. (Actlabs)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
blanks

Compositing

Cutoff Grade
2.25
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
2.5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Reasoning: A modest gold intercept that remains above the reporting threshold.

Positive factors

  • Above cut-off

Negative factors

  • Narrow intercept

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The latest assay results represent twelve (12) drill holes for 3,608 metres (“m”) from the underground resource expansio"

UG16-26-050True North · goldGrade: 4.05Grade Unit: g/tIntercept: 0.7 mView all details
Link to this fact

Identity

Hole ID
UG16-26-050
Project
True North
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
AUMB

Geometry

Grade
4.05
Grade Unit
g/t
Intercept
0.7 m
From
6.1 m
To
6.8 m
Hole Depth
225 m
Intercept Depth
6.1 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
UG16-26-050:6.1-6.8
Mining Method
underground

Location

Location
Hinge / V-04
Easting
313421
Northing
5656168
CRS
UTM NAD83 Zone 15
Elevation
-466 m
Azimuth
201 °
Dip
-68 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. (Actlabs)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
blanks

Compositing

Cutoff Grade
2.25
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
2.5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Reasoning: A positive gold intercept in the Hinge zone.

Positive factors

  • Above the cut-off grade

Negative factors

  • Short narrow intercept

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The latest assay results represent twelve (12) drill holes for 3,608 metres (“m”) from the underground resource expansio"

UG16-26-050True North · goldGrade: 8.1Grade Unit: g/tIntercept: 1.4 mView all details
Link to this fact

Identity

Hole ID
UG16-26-050
Project
True North
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
AUMB

Geometry

Grade
8.1
Grade Unit
g/t
Intercept
1.4 m
From
174.2 m
To
175.6 m
Hole Depth
225 m
Intercept Depth
174.2 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
UG16-26-050:174.2-175.6
Mining Method
underground

Location

Location
L10 / V-1020
Easting
313421
Northing
5656168
CRS
UTM NAD83 Zone 15
Elevation
-466 m
Azimuth
201 °
Dip
-68 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. (Actlabs)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
blanks

Compositing

Cutoff Grade
2.25
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
2.5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Reasoning: A high-grade intercept supporting down-plunge extension of V-1020.

Positive factors

  • Strong grade above cut-off
  • Specifically described as confirming the extension of the V-1020 vein

Negative factors

  • Short interval

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The latest assay results represent twelve (12) drill holes for 3,608 metres (“m”) from the underground resource expansio"

UG16-26-051True North · goldGrade: 3.61Grade Unit: g/tIntercept: 1.2 mView all details
Link to this fact

Identity

Hole ID
UG16-26-051
Project
True North
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
AUMB

Geometry

Grade
3.61
Grade Unit
g/t
Intercept
1.2 m
From
191.6 m
To
192.8 m
Hole Depth
261 m
Intercept Depth
191.6 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
UG16-26-051:191.6-192.8
Mining Method
underground

Location

Location
L10 / V-1020
Easting
313421
Northing
5656169
CRS
UTM NAD83 Zone 15
Elevation
-466 m
Azimuth
240 °
Dip
-79 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. (Actlabs)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
blanks

Compositing

Cutoff Grade
2.25
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
2.5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Reasoning: A modest gold intercept in the V-1020 extension area.

Positive factors

  • Above the cut-off grade

Negative factors

  • Narrow intercept

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The latest assay results represent twelve (12) drill holes for 3,608 metres (“m”) from the underground resource expansio"

UG16-26-053True NorthView all details
Link to this fact

Identity

Hole ID
UG16-26-053
Project
True North
Region
canada_mb
Reported Region
canada_mb
Ticker
AUMB

Geometry

Hole Depth
282 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
UG16-26-053:0.0-0.0
Mining Method
underground

Location

Location
L10 / V-1020
Easting
313419
Northing
5656170
CRS
UTM NAD83 Zone 15
Elevation
-466 m
Azimuth
283 °
Dip
-66 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. (Actlabs)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
blanks

Compositing

Cutoff Grade
2.25
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
2.5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Reasoning: This hole returned no significant assay results.

Positive factors

  • Hole forms part of the tested extension area

Negative factors

  • No significant results reported

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The latest assay results represent twelve (12) drill holes for 3,608 metres (“m”) from the underground resource expansio"

UG16-26-055True North · goldGrade: 5.19Grade Unit: g/tIntercept: 0.9 mView all details
Link to this fact

Identity

Hole ID
UG16-26-055
Project
True North
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
AUMB

Geometry

Grade
5.19
Grade Unit
g/t
Intercept
0.9 m
From
133.5 m
To
134.4 m
Hole Depth
384 m
Intercept Depth
133.5 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
UG16-26-055:133.5-134.4
Mining Method
underground

Location

Location
L10 / V-1020
Easting
313513
Northing
5656054
CRS
UTM NAD83 Zone 15
Elevation
-465 m
Azimuth
194 °
Dip
-51 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. (Actlabs)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
blanks

Compositing

Cutoff Grade
2.25
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
2.5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Reasoning: A positive gold intercept in the V-1020 area.

Positive factors

  • Above cut-off
  • Supports V-1020 extension

Negative factors

  • Short interval

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The latest assay results represent twelve (12) drill holes for 3,608 metres (“m”) from the underground resource expansio"

UG16-26-055True North · goldGrade: 5.48Grade Unit: g/tIntercept: 9.2 mView all details
Link to this fact

Identity

Hole ID
UG16-26-055
Project
True North
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
AUMB

Geometry

Grade
5.48
Grade Unit
g/t
Intercept
9.2 m
From
195.5 m
To
204.7 m
Hole Depth
384 m
Intercept Depth
195.5 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
UG16-26-055:195.5-204.7
Mining Method
underground

Location

Location
L10 / V-1010
Easting
313513
Northing
5656054
CRS
UTM NAD83 Zone 15
Elevation
-465 m
Azimuth
194 °
Dip
-51 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. (Actlabs)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
blanks

Compositing

Cutoff Grade
2.25
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
2.5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Reasoning: One of the most material intercepts in the release because it combines grade and width and explicitly supports extension of the vein system.

Positive factors

  • Strong grade over a relatively broad downhole width
  • The company says this hole confirmed the extension of the V-1010 vein and a link toward 710-711

Negative factors

  • True width still estimated, not directly measured here

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The latest assay results represent twelve (12) drill holes for 3,608 metres (“m”) from the underground resource expansio"

UG16-26-055True North · goldGrade: 7.52Grade Unit: g/tIntercept: 4.1 mView all details
Link to this fact

Identity

Hole ID
UG16-26-055
Project
True North
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
AUMB

Geometry

Grade
7.52
Grade Unit
g/t
Intercept
4.1 m
From
195.5 m
To
199.6 m
Hole Depth
384 m
Intercept Depth
195.5 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
UG16-26-055:195.5-204.7
Mining Method
underground

Location

Location
L10 / V-1010
Easting
313513
Northing
5656054
CRS
UTM NAD83 Zone 15
Elevation
-465 m
Azimuth
194 °
Dip
-51 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. (Actlabs)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
blanks

Compositing

Cutoff Grade
2.25
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
2.5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Reasoning: A strong internal high-grade segment in the V-1010 interval.

Positive factors

  • Strong high-grade internal interval within the broad V-1010 intercept

Negative factors

  • Shorter than the parent interval

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The latest assay results represent twelve (12) drill holes for 3,608 metres (“m”) from the underground resource expansio"

UG16-26-055True North · goldGrade: 12Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
UG16-26-055
Project
True North
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
AUMB

Geometry

Grade
12
Grade Unit
g/t
Intercept
2 m
From
197.6 m
To
199.6 m
Hole Depth
384 m
Intercept Depth
197.6 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
UG16-26-055:195.5-204.7
Mining Method
underground

Location

Location
L10 / V-1010
Easting
313513
Northing
5656054
CRS
UTM NAD83 Zone 15
Elevation
-465 m
Azimuth
194 °
Dip
-51 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. (Actlabs)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
blanks

Compositing

Cutoff Grade
2.25
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
2.5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Reasoning: A very strong sub-interval inside the V-1010 intercept.

Positive factors

  • Very high grade within the broader intercept
  • Clear support for a robust mineralized shoot

Negative factors

  • Narrow sub-interval

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The latest assay results represent twelve (12) drill holes for 3,608 metres (“m”) from the underground resource expansio"

UG16-26-055True North · goldGrade: 14.8Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
UG16-26-055
Project
True North
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
AUMB

Geometry

Grade
14.8
Grade Unit
g/t
Intercept
1 m
From
198.6 m
To
199.6 m
Hole Depth
384 m
Intercept Depth
198.6 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
UG16-26-055:195.5-204.7
Mining Method
underground

Location

Location
L10 / V-1010
Easting
313513
Northing
5656054
CRS
UTM NAD83 Zone 15
Elevation
-465 m
Azimuth
194 °
Dip
-51 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. (Actlabs)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
blanks

Compositing

Cutoff Grade
2.25
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
2.5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Reasoning: A bonanza-grade sub-interval in the V-1010 intercept.

Positive factors

  • Exceptional grade within the broader V-1010 zone

Negative factors

  • Only 1 m downhole

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The latest assay results represent twelve (12) drill holes for 3,608 metres (“m”) from the underground resource expansio"

UG16-26-055True North · goldGrade: 9.13Grade Unit: g/tIntercept: 0.6 mView all details
Link to this fact

Identity

Hole ID
UG16-26-055
Project
True North
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
AUMB

Geometry

Grade
9.13
Grade Unit
g/t
Intercept
0.6 m
From
204.1 m
To
204.7 m
Hole Depth
384 m
Intercept Depth
204.1 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
UG16-26-055:195.5-204.7
Mining Method
underground

Location

Location
L10 / V-1010
Easting
313513
Northing
5656054
CRS
UTM NAD83 Zone 15
Elevation
-465 m
Azimuth
194 °
Dip
-51 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. (Actlabs)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
blanks

Compositing

Cutoff Grade
2.25
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
2.5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Reasoning: A strong narrow gold interval at the end of the broader V-1010 intersection.

Positive factors

  • High grade above cut-off

Negative factors

  • Very narrow interval

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The latest assay results represent twelve (12) drill holes for 3,608 metres (“m”) from the underground resource expansio"

UG16-26-055True North · goldGrade: 11.54Grade Unit: g/tIntercept: 3.7 mView all details
Link to this fact

Identity

Hole ID
UG16-26-055
Project
True North
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
AUMB

Geometry

Grade
11.54
Grade Unit
g/t
Intercept
3.7 m
From
224.1 m
To
227.8 m
Hole Depth
384 m
Intercept Depth
224.1 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
UG16-26-055:224.1-227.8
Mining Method
underground

Location

Location
L10 / V-1012
Easting
313513
Northing
5656054
CRS
UTM NAD83 Zone 15
Elevation
-465 m
Azimuth
194 °
Dip
-51 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. (Actlabs)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
blanks

Compositing

Cutoff Grade
2.25
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
2.5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Reasoning: A headline intercept combining strong grade and width that materially supports extension of V-1012.

Positive factors

  • Very high grade over a meaningful width
  • The release says this confirms the down-plunge extension of the V-1012 vein 160 m below the 2024 MRE

Negative factors

  • Still an intercept length, not a stated true width

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The latest assay results represent twelve (12) drill holes for 3,608 metres (“m”) from the underground resource expansio"

UG16-26-055True North · goldGrade: 13.65Grade Unit: g/tIntercept: 2.3 mView all details
Link to this fact

Identity

Hole ID
UG16-26-055
Project
True North
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
AUMB

Geometry

Grade
13.65
Grade Unit
g/t
Intercept
2.3 m
From
224.8 m
To
227.1 m
Hole Depth
384 m
Intercept Depth
224.8 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
UG16-26-055:224.1-227.8
Mining Method
underground

Location

Location
L10 / V-1012
Easting
313513
Northing
5656054
CRS
UTM NAD83 Zone 15
Elevation
-465 m
Azimuth
194 °
Dip
-51 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. (Actlabs)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
blanks

Compositing

Cutoff Grade
2.25
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
2.5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Reasoning: A strong internal high-grade segment from V-1012.

Positive factors

  • Very strong grade inside the broader interval

Negative factors

  • Narrower than the parent interval

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The latest assay results represent twelve (12) drill holes for 3,608 metres (“m”) from the underground resource expansio"

UG16-26-055True North · goldGrade: 20.2Grade Unit: g/tIntercept: 0.7 mView all details
Link to this fact

Identity

Hole ID
UG16-26-055
Project
True North
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
AUMB

Geometry

Grade
20.2
Grade Unit
g/t
Intercept
0.7 m
From
226.4 m
To
227.1 m
Hole Depth
384 m
Intercept Depth
226.4 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
UG16-26-055:224.1-227.8
Mining Method
underground

Location

Location
L10 / V-1012
Easting
313513
Northing
5656054
CRS
UTM NAD83 Zone 15
Elevation
-465 m
Azimuth
194 °
Dip
-51 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. (Actlabs)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
blanks

Compositing

Cutoff Grade
2.25
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
2.5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Reasoning: A bonanza-style gold sub-interval in V-1012.

Positive factors

  • Bonanza-grade result well above the cut-off

Negative factors

  • Very short interval

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The latest assay results represent twelve (12) drill holes for 3,608 metres (“m”) from the underground resource expansio"

UG-26-055True North · goldGrade: 5.38Grade Unit: g/tIntercept: 0.7 mView all details
Link to this fact

Identity

Hole ID
UG-26-055
Project
True North
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
AUMB

Geometry

Grade
5.38
Grade Unit
g/t
Intercept
0.7 m
From
296.3 m
To
297 m
Intercept Depth
296.3 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
UG-26-055:296.3-297.0
Mining Method
underground

Location

Location
710-711 / V-710
Loc. Confidence
low
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. (Actlabs)
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
blanks

Compositing

Cutoff Grade
2.25
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
2.5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Reasoning: A narrow but positive gold intercept in the deeper 710-711 area.

Positive factors

  • Above the reported cut-off
  • Supports the concept of a link toward the 710-711 Zone

Negative factors

  • Hole identifier is inconsistently rendered in the text
  • Very narrow intercept

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The latest assay results represent twelve (12) drill holes for 3,608 metres (“m”) from the underground resource expansio"

Resource Estimates (4)

indicatedTrue North Gold Project · goldTonnes: 363000Grade: 4.99Grade Unit: g/tContained Metal: 67000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
True North Gold Project
Commodity
gold
Region
canada_mb
Reported Region
southeast Manitoba, Canada
Ticker
AUMB

Resource scope

Estimate type
resource
Resource group id
resource:c3358aabbd734faea3d4
Deposit or zone
L10

Resource Data

Category
indicated
Tonnes
363000
Grade
4.99
Grade Unit
g/t
Contained Metal
67000
Contained Unit
oz

Location

Loc. Confidence
low

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-11-20T00:00:00.000Z

Reasoning: Historical resource context for the L10 zone, cited from the 2024 MRE.

Positive factors

  • Provides the current resource context for the reported drilling
  • Supports comparison against the extension drilling

Negative factors

  • This is a historical resource reference rather than a new estimate in this release

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut Off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

PEA Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

inferredTrue North Gold Project · goldTonnes: 479000Grade: 3.96Grade Unit: g/tContained Metal: 61000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
True North Gold Project
Commodity
gold
Region
canada_mb
Reported Region
southeast Manitoba, Canada
Ticker
AUMB

Resource scope

Estimate type
resource
Resource group id
resource:22c65fbb34890012e5c9
Deposit or zone
L10

Resource Data

Category
inferred
Tonnes
479000
Grade
3.96
Grade Unit
g/t
Contained Metal
61000
Contained Unit
oz

Location

Loc. Confidence
low

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-11-20T00:00:00.000Z

Reasoning: Historical inferred resource context for the L10 zone.

Positive factors

  • Provides historical context for the L10 resource base

Negative factors

  • Historical resource reference only

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut Off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

PEA Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

indicatedTrue North Gold Project · goldTonnes: 1182000Grade: 5.21Grade Unit: g/tContained Metal: 198000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
True North Gold Project
Commodity
gold
Region
canada_mb
Reported Region
southeast Manitoba, Canada
Ticker
AUMB

Resource scope

Estimate type
resource
Resource group id
resource:3ba618c0ff7ce9a8bf4f
Deposit or zone
710-711

Resource Data

Category
indicated
Tonnes
1182000
Grade
5.21
Grade Unit
g/t
Contained Metal
198000
Contained Unit
oz

Location

Loc. Confidence
low

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-11-20T00:00:00.000Z

Reasoning: Historical indicated resource context for 710-711.

Positive factors

  • Defines the nearby resource context the drilling may link to

Negative factors

  • Historical resource reference

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut Off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

PEA Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

inferredTrue North Gold Project · goldTonnes: 938000Grade: 3.91Grade Unit: g/tContained Metal: 118000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
True North Gold Project
Commodity
gold
Region
canada_mb
Reported Region
southeast Manitoba, Canada
Ticker
AUMB

Resource scope

Estimate type
resource
Resource group id
resource:67d6c8c4f29bc524ce9e
Deposit or zone
710-711

Resource Data

Category
inferred
Tonnes
938000
Grade
3.91
Grade Unit
g/t
Contained Metal
118000
Contained Unit
oz

Location

Loc. Confidence
low

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-11-20T00:00:00.000Z

Reasoning: Historical inferred resource context for 710-711.

Positive factors

  • Historical context for the 710-711 zone

Negative factors

  • Historical resource reference only

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut Off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

PEA Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

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.