# AUGUSTA GOLD ANNOUNCES REWARD MINERAL RESOURCE ESTIMATE

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/augusta-gold-announces-reward-mineral-resource-estimate--7fcef58f-0213-4456-a04c-c4a6f73846b6

Original source: https://money.tmx.com/en/quote/G/news/7446585417436813/augusta-gold-announces-reward-mineral-resource-estimate

Publisher: tmx

Original announcement: 2022-06-07T10:00:00.000Z

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: Silver

- Document categories: Resource update

- Extracted: 2026-09-12 07:52:45 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Augusta Gold has announced mineral resource estimates for the Reward and Bullfrog projects in Nevada. The combined resources include over 1.6 million ounces of gold in the measured and indicated categories.

Reasoning: The announcement presents substantial mineral resource estimates for two distinct gold projects in Nevada, providing significant scale and de-risking through permitting and QP oversight.

- Positive factor: Significant gold resource scale across two projects

- Positive factor: Reward project is fully permitted and low-risk

- Positive factor: Bullfrog project is large-scale with studies nearing completion

- Positive factor: Strategic proximity of projects allows for synergies

- Positive factor: QP sign-off provided for both estimates

- Negative factor: Bullfrog resource has a high Inferred component

Facts used in scoring: 11

## Classification and evidence

No classification tags are available.

## Extracted facts

Stored fact records: 11. Some facts used in scoring do not have a stored record.

## Resource Estimates (11)

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/augusta-gold-announces-reward-mineral-resource-estimate--7fcef58f-0213-4456-a04c-c4a6f73846b6#fact-resource-facts-0)

Reward · gold

#### Identity

- Project: Reward
- Commodity: gold
- Ticker: G

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Mike Dufresne
- Resource group id: resource:c5d8d9f443ac645ab163
- Deposit or zone: Good Hope
- Material type: oxide
- Resource basis: gross

#### Resource Data

- Category: indicated
- Tonnes: 10760000
- Grade: 0.69
- Grade Unit: g/t
- Contained Metal: 240
- Contained Unit: koz

#### Prior Estimate

- Resource Date: 2022-05-31

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2022-06-07T00:00:00.000Z

Reasoning: Indicated resource for Good Hope component of Reward.

- Positive factor: Part of a larger resource update

Evidence · table

> 0.69

Context: 10.76

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**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

**QP/CP Signed**

Polarity: positive

Definition: 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.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### measured

[Link to this fact](https://atlas-extractions.minestarters.com/news/augusta-gold-announces-reward-mineral-resource-estimate--7fcef58f-0213-4456-a04c-c4a6f73846b6#fact-resource-facts-1)

Reward · gold

#### Identity

- Project: Reward
- Commodity: gold
- Ticker: G

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Mike Dufresne
- Resource group id: resource:407b9ef921ad36406108
- Deposit or zone: Good Hope
- Material type: oxide
- Resource basis: gross

#### Resource Data

- Category: measured
- Tonnes: 6190000
- Grade: 0.86
- Grade Unit: g/t
- Contained Metal: 169.9
- Contained Unit: koz

#### Prior Estimate

- Resource Date: 2022-05-31

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2022-06-07T00:00:00.000Z

Reasoning: Measured resource for Good Hope component of Reward.

- Positive factor: High confidence category

Evidence · table

> 0.86

Context: 6.19

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**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

**QP/CP Signed**

Polarity: positive

Definition: 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.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/augusta-gold-announces-reward-mineral-resource-estimate--7fcef58f-0213-4456-a04c-c4a6f73846b6#fact-resource-facts-2)

Reward · gold

#### Identity

- Project: Reward
- Commodity: gold
- Ticker: G

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Mike Dufresne
- Resource group id: resource:b37593b5abd1ca291a9e
- Deposit or zone: Good Hope
- Material type: oxide
- Resource basis: gross

#### Resource Data

- Category: inferred
- Tonnes: 290000
- Grade: 0.56
- Grade Unit: g/t
- Contained Metal: 5.3
- Contained Unit: koz

#### Prior Estimate

- Resource Date: 2022-05-31

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2022-06-07T00:00:00.000Z

Reasoning: Inferred resource for Good Hope component of Reward.

- Negative factor: Inferred category

Evidence · table

> 0.56

Context: 0.29

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**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

**QP/CP Signed**

Polarity: positive

Definition: 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.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/augusta-gold-announces-reward-mineral-resource-estimate--7fcef58f-0213-4456-a04c-c4a6f73846b6#fact-resource-facts-3)

Reward · gold

#### Identity

- Project: Reward
- Commodity: gold
- Ticker: G

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Mike Dufresne
- Resource group id: resource:4056fbaee5ddddab4c74
- Deposit or zone: Gold Ace
- Material type: oxide
- Resource basis: gross

#### Resource Data

- Category: indicated
- Tonnes: 1030000
- Grade: 0.73
- Grade Unit: g/t
- Contained Metal: 21.8
- Contained Unit: koz

#### Prior Estimate

- Resource Date: 2022-05-31

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2022-06-07T00:00:00.000Z

Reasoning: Indicated resource for Gold Ace component of Reward.

Evidence · table

> 0.73

Context: 1.03

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**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

**QP/CP Signed**

Polarity: positive

Definition: 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.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/augusta-gold-announces-reward-mineral-resource-estimate--7fcef58f-0213-4456-a04c-c4a6f73846b6#fact-resource-facts-4)

Reward · gold

#### Identity

- Project: Reward
- Commodity: gold
- Ticker: G

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Mike Dufresne
- Resource group id: resource:7653bdd60b589412ec2c
- Deposit or zone: Reward \(Combined\)
- Material type: oxide
- Resource basis: gross

#### Resource Data

- Category: inferred
- Tonnes: 1230000
- Grade: 0.68
- Grade Unit: g/t
- Contained Metal: 27.1
- Contained Unit: koz

#### Prior Estimate

- Resource Date: 2022-05-31

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2022-06-07T00:00:00.000Z

Reasoning: Inferred resource for the combined Reward project.

- Negative factor: Inferred category

Evidence · table

> 0.68

Context: 1.23

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**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

**QP/CP Signed**

Polarity: positive

Definition: 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.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### measured

[Link to this fact](https://atlas-extractions.minestarters.com/news/augusta-gold-announces-reward-mineral-resource-estimate--7fcef58f-0213-4456-a04c-c4a6f73846b6#fact-resource-facts-5)

Bullfrog · gold

#### Identity

- Project: Bullfrog
- Commodity: gold
- Ticker: G

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Russ Downer, Adam House
- Resource group id: resource:41ad0974795a6d50d764
- Deposit or zone: Bullfrog
- Material type: oxide
- Resource basis: gross

#### Resource Data

- Category: measured
- Tonnes: 30130000
- Grade: 0.544
- Grade Unit: g/t
- Contained Metal: 526.68
- Contained Unit: koz

#### Prior Estimate

- Resource Date: 2021-12-31

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2022-06-07T00:00:00.000Z

Reasoning: Measured resource for Bullfrog project.

- Positive factor: Large scale resource

Evidence · table

> 0.544

Context: 30.13

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**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

**QP/CP Signed**

Polarity: positive

Definition: 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.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/augusta-gold-announces-reward-mineral-resource-estimate--7fcef58f-0213-4456-a04c-c4a6f73846b6#fact-resource-facts-6)

Bullfrog · gold

#### Identity

- Project: Bullfrog
- Commodity: gold
- Ticker: G

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Russ Downer, Adam House
- Resource group id: resource:733e859f94c249cbe5bd
- Deposit or zone: Bullfrog
- Material type: oxide
- Resource basis: gross

#### Resource Data

- Category: indicated
- Tonnes: 40880000
- Grade: 0.519
- Grade Unit: g/t
- Contained Metal: 682.61
- Contained Unit: koz

#### Prior Estimate

- Resource Date: 2021-12-31

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2022-06-07T00:00:00.000Z

Reasoning: Indicated resource for Bullfrog project.

Evidence · table

> 0.519

Context: 40.88

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**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

**QP/CP Signed**

Polarity: positive

Definition: 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.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/augusta-gold-announces-reward-mineral-resource-estimate--7fcef58f-0213-4456-a04c-c4a6f73846b6#fact-resource-facts-7)

Bullfrog · gold

#### Identity

- Project: Bullfrog
- Commodity: gold
- Ticker: G

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Russ Downer, Adam House
- Resource group id: resource:3047fc8d9bb0e1e017f0
- Deposit or zone: Bullfrog
- Material type: oxide
- Resource basis: gross

#### Resource Data

- Category: inferred
- Tonnes: 16690000
- Grade: 0.481
- Grade Unit: g/t
- Contained Metal: 257.9
- Contained Unit: koz

#### Prior Estimate

- Resource Date: 2021-12-31

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2022-06-07T00:00:00.000Z

Reasoning: Inferred resource for Bullfrog project.

- Negative factor: Inferred category

Evidence · table

> 0.481

Context: 16.69

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**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

**QP/CP Signed**

Polarity: positive

Definition: 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.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### measured

[Link to this fact](https://atlas-extractions.minestarters.com/news/augusta-gold-announces-reward-mineral-resource-estimate--7fcef58f-0213-4456-a04c-c4a6f73846b6#fact-resource-facts-8)

Bullfrog · silver

#### Identity

- Project: Bullfrog
- Commodity: silver
- Ticker: G

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Russ Downer, Adam House
- Resource group id: resource:41ad0974795a6d50d764
- Deposit or zone: Bullfrog
- Material type: oxide
- Resource basis: gross

#### Resource Data

- Category: measured
- Tonnes: 30130000
- Grade: 1.35
- Grade Unit: g/t
- Contained Metal: 1309.13
- Contained Unit: koz

#### Prior Estimate

- Resource Date: 2021-12-31

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2022-06-07T00:00:00.000Z

Reasoning: Silver component of Bullfrog measured resource.

Evidence · table

> 1.35

Context: 30.13

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**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

**QP/CP Signed**

Polarity: positive

Definition: 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.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/augusta-gold-announces-reward-mineral-resource-estimate--7fcef58f-0213-4456-a04c-c4a6f73846b6#fact-resource-facts-9)

Bullfrog · silver

#### Identity

- Project: Bullfrog
- Commodity: silver
- Ticker: G

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Russ Downer, Adam House
- Resource group id: resource:733e859f94c249cbe5bd
- Deposit or zone: Bullfrog
- Material type: oxide
- Resource basis: gross

#### Resource Data

- Category: indicated
- Tonnes: 40880000
- Grade: 1.18
- Grade Unit: g/t
- Contained Metal: 1557.49
- Contained Unit: koz

#### Prior Estimate

- Resource Date: 2021-12-31

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2022-06-07T00:00:00.000Z

Reasoning: Silver component of Bullfrog indicated resource.

Evidence · table

> 1.18

Context: 40.88

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**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

**QP/CP Signed**

Polarity: positive

Definition: 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.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/augusta-gold-announces-reward-mineral-resource-estimate--7fcef58f-0213-4456-a04c-c4a6f73846b6#fact-resource-facts-10)

Bullfrog · silver

#### Identity

- Project: Bullfrog
- Commodity: silver
- Ticker: G

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Russ Downer, Adam House
- Resource group id: resource:3047fc8d9bb0e1e017f0
- Deposit or zone: Bullfrog
- Material type: oxide
- Resource basis: gross

#### Resource Data

- Category: inferred
- Tonnes: 16690000
- Grade: 0.96
- Grade Unit: g/t
- Contained Metal: 515.72
- Contained Unit: koz

#### Prior Estimate

- Resource Date: 2021-12-31

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2022-06-07T00:00:00.000Z

Reasoning: Silver component of Bullfrog inferred resource.

- Negative factor: Inferred category

Evidence · table

> 0.96

Context: 16.69

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**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

**QP/CP Signed**

Polarity: positive

Definition: 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.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

## 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.