# AUGUSTA GOLD ADVANCES REWARD FEASIBILITY STUDY AND PROVIDES OPERATIONAL UPDATE Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/augusta-gold-advances-reward-feasibility-study-and-provides-operational-update--f90754fa-83a2-4f33-9da3-28e515b057dc Original source: https://money.tmx.com/en/quote/G/news/7555801633897251/augusta-gold-advances-reward-feasibility-study-and-provides-operational-update Publisher: tmx Original announcement: 2023-06-06T14:51:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Augusta Gold Corp. - Ticker: G - Exchange: TSX - Region: Nevada - Primary commodity: Gold - Secondary commodities: None reported - Document categories: Metallurgy, Other, Drill results - Extracted: 2026-09-12 07:44:44 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary Augusta Gold is advancing the Feasibility Study for its Reward open pit/heap leach project in Nevada, targeting production in late 2024. At the Bullfrog project, preliminary column leach test results show gold recoveries of 74% to 82% for low-grade ore. Reasoning: The company is advancing key development milestones for two projects, including a Feasibility Study for Reward and metallurgical testing for Bullfrog. - Positive factor: Advancing Reward Project to Feasibility Study stage - Positive factor: Preliminary metallurgical results for Bullfrog show acceptable recovery \(74-82%\) - Positive factor: Permitting and infrastructure \(water, power\) in place for Reward - Negative factor: Metallurgical testing at Bullfrog is still in progress \(final results Q3 2023\) Facts used in scoring: 4 ## Classification and evidence **Heap Leach Route** Polarity: neutral Definition: Processing via heap leach — lower CAPEX and OPEX, lower recovery expected. Why it applies: Reward project is described as an open pit/heap leach project. Evidence · text > Reward open pit/heap leach project **Single Domain Only** Polarity: negative Definition: Testing limited to one composite or domain — representativeness not established. Why it applies: only one composite was tested ## Extracted facts Stored fact records: 4. Some facts used in scoring do not have a stored record. ## Drill Results (2) ### BFG21-IS39 [Link to this fact](https://atlas-extractions.minestarters.com/news/augusta-gold-advances-reward-feasibility-study-and-provides-operational-update--f90754fa-83a2-4f33-9da3-28e515b057dc#fact-drill-facts-2) Bullfrog · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: BFG21-IS39 - Project: Bullfrog - Commodity: gold - Region: usa\_nv - Reported Region: usa\_nv - Ticker: G #### Geometry - Grade: 1.74 - Grade Unit: g/t - Intercept: 1.02 m #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2023-06-06T00:00:00.000Z Reasoning: Previously completed core drill hole. Evidence · text > BFG21-IS39 1.02m of 1.74 g/t Au #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Additionally, moving forward the permitting, metallurgy and environmental studies at the Bullfrog project will help in t" ### BFG21-IS30 [Link to this fact](https://atlas-extractions.minestarters.com/news/augusta-gold-advances-reward-feasibility-study-and-provides-operational-update--f90754fa-83a2-4f33-9da3-28e515b057dc#fact-drill-facts-3) Bullfrog · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: BFG21-IS30 - Project: Bullfrog - Commodity: gold - Region: usa\_nv - Reported Region: usa\_nv - Ticker: G #### Geometry - Grade: 0.83 - Grade Unit: g/t - Intercept: 1.56 m #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2023-06-06T00:00:00.000Z Reasoning: Previously completed core drill hole. Evidence · text > BFG21-IS30 1.56m of 0.83 g/t Au #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Additionally, moving forward the permitting, metallurgy and environmental studies at the Bullfrog project will help in t" ## Metallurgical Results (2) ### column percolation tests [Link to this fact](https://atlas-extractions.minestarters.com/news/augusta-gold-advances-reward-feasibility-study-and-provides-operational-update--f90754fa-83a2-4f33-9da3-28e515b057dc#fact-metallurgical-facts-0) Bullfrog · gold #### Identity - Project: Bullfrog - Commodity: gold - Region: usa\_nv - Reported Region: Nevada - Ticker: G #### Test Work - Program Status: preliminary - Test Type: column percolation tests - Processing Route: column percolation tests - Sample: Bullfrog ore tested grading from 0.23 g/t to 0.80 g/t #### Recovery - Recovery: 74 % - Recovery Basis: actual\_test - Head Grade: 0.23 - Head Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2023-06-06T00:00:00.000Z Reasoning: Preliminary column leach results for low-grade ore. - Positive factor: Recoveries of 74-82% are acceptable for low-grade heap leach - Negative factor: Preliminary results only Evidence · text > preliminary results indicating metal recoveries for the ore tested grading from 0.23 g/t to 0.80 g/t will range from 74% to 82% #### Tags used in scoring **Low Recovery** Polarity: negative Definition: Recovery below the weak band for the commodity and processing route. Why it applies: 74% is below the weak band \(80%\) ### column percolation tests [Link to this fact](https://atlas-extractions.minestarters.com/news/augusta-gold-advances-reward-feasibility-study-and-provides-operational-update--f90754fa-83a2-4f33-9da3-28e515b057dc#fact-metallurgical-facts-1) Bullfrog · gold #### Identity - Project: Bullfrog - Commodity: gold - Region: usa\_nv - Reported Region: Nevada - Ticker: G #### Test Work - Program Status: preliminary - Test Type: column percolation tests - Processing Route: column percolation tests - Sample: Bullfrog ore tested grading from 0.23 g/t to 0.80 g/t #### Recovery - Recovery: 82 % - Recovery Basis: actual\_test - Head Grade: 0.8 - Head Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2023-06-06T00:00:00.000Z Reasoning: Preliminary column leach results for low-grade ore. - Positive factor: Recoveries of 74-82% are acceptable for low-grade heap leach - Negative factor: Preliminary results only Evidence · text > preliminary results indicating metal recoveries for the ore tested grading from 0.23 g/t to 0.80 g/t will range from 74% to 82% ## 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.