AuMEGA Metals Cape Ray Drilling Extends Central Zone Mineralisation

Original announcement by tmx on Sep 9, 2025

Bullish

Company: AuMEGA Metals Ltd
Ticker: AUM
Exchange: TSX
Region: Newfoundland and Labrador, Canada
Primary commodity: Gold
Secondary commodities: Silver
Document categories: Drill results, Resource update
Extracted: 2026-09-17 11:38:39 UTC

Minestarters Atlas analysis

Summary

AuMEGA Metals announced drill results from its Cape Ray Project in Newfoundland, Canada, highlighted by an intercept of 1.85 g/t gold over 13.5 metres, including 4.79 g/t gold over 0.85 metres, extending mineralization down plunge at the Z04 deposit within the Central Zone. The company is conducting its most extensive exploration program to date, combining geophysics, mapping, and till geochemical sampling across multiple targets. AuMEGA also reiterated its historical gold resource estimate for the Cape Ray Shear Zone and noted a strong treasury position to fund ongoing exploration.

Reasoning: The announcement reports a significant gold intercept (13.5m at 1.86 g/t Au including 0.85m at 4.79 g/t Au) that extends mineralization at the Central Zone, which is a positive for resource growth. The company is also undertaking a large-scale exploration program with strong funding. However, true widths are not known, and several holes returned no significant results. The resource figures mentioned are historical.

Positive factors

Significant gold intercept extends mineralization down plunge
Comprehensive exploration program underway with multiple targets
Strong treasury position to support exploration
QA/QC procedures are disclosed and QP signed off

Negative factors

True width of intercepts is not known
Other holes in the program recorded no significant gold assays
Resource estimate is historical and not updated in this release

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

Facts used in scoring: 51

Extracted facts

Stored fact records: 51. Some facts used in scoring do not have a stored record.

Drill Results (49)

CRD404Cape Ray West · goldGrade: 0.64Grade Unit: g/tIntercept: 1.2 mView all details

Link to this fact

Identity

Hole ID: CRD404
Project: Cape Ray West
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: AUM

Geometry

Grade: 0.64
Grade Unit: g/t
Intercept: 1.2 m
From: 221.8 m
To: 223 m
Hole Depth: 352 m
Intercept Depth: 221.8 m

Classification

Program: exploration
Sample Type: drill
Group ID: CRD404:221.8-223
Mining Method: open_pit

Location

Location: Southwest Extension
Easting: 354706
Northing: 5289590
CRS: NAD83, UTM Zone 21
Elevation: 271 m
Azimuth: 300 °
Dip: -50 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Laboratories
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards

Deleterious

Deleterious Flag: No

Compositing

Cutoff Grade: 0.2
Cutoff Unit: g/t Au
Max Dilution: 4 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-09-09T00:00:00.000Z

Reasoning: A narrow, low-grade gold intercept at 0.64 g/t over 1.2m, which is below the weak threshold for open pit gold.

Negative factors

Low grade for gold
Narrow intercept

Evidence · table

“0.64”

Context: 221.8

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Downhole lengths are reported as true width is not known due to the Greenfields nature of drilling.

Evidence · text

“down hole lengths are reported as true width is not known due to the Greenfields nature of drilling.”

QA/QC Disclosedpositive

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

Why it applies: The release details QA/QC procedures including ISO accredited lab and CRM re-assays.

Evidence · text

“ALS is an ISO accredited laboratory and is independent from the Company. All sampling was carried out under AuMEGA's sampling guidelines which adheres to industry best practice. All QA/QC data is reviewed by the Database Manager, Exploration Manager and/or Competent Person to ensure quality of assays; batches containing multiple Certified Reference Material (CRM) that report outside of two standard deviations from expected values are re-assayed. Any batches containing individual CRM's greater than three standard deviations from expected values are also re-assayed.”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Cut-off DisclosedRejected · positive · Story-specific tag

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Reason: The cut-off grade of 0.2 g/t Au is clearly stated for the reported interval.

Evidence · table

“0.2 g/t Au cut-off”

Context: Hole ID

CRD404Cape Ray West · goldGrade: 1.22Grade Unit: g/tIntercept: 0.4 mView all details

Link to this fact

Identity

Hole ID: CRD404
Project: Cape Ray West
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: AUM

Geometry

Grade: 1.22
Grade Unit: g/t
Intercept: 0.4 m
From: 221.8 m
To: 222.2 m
Hole Depth: 352 m
Intercept Depth: 221.8 m

Classification

Program: exploration
Sample Type: drill
Group ID: CRD404:221.8-222.2
Mining Method: open_pit

Location

Location: Southwest Extension
Easting: 354706
Northing: 5289590
CRS: NAD83, UTM Zone 21
Elevation: 271 m
Azimuth: 300 °
Dip: -50 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Laboratories
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards

Deleterious

Deleterious Flag: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-09-09T00:00:00.000Z

Reasoning: A very narrow intercept of 0.4m at 1.22 g/t Au, which is a moderate grade but too narrow to be material on its own.

Negative factors

Very narrow intercept

Evidence · table

“0.4m at 1.22g/t Au from 221.8m”

Context: CRD404

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Downhole lengths are reported as true width is not known due to the Greenfields nature of drilling.

Evidence · text

“down hole lengths are reported as true width is not known due to the Greenfields nature of drilling.”

QA/QC Disclosedpositive

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

Why it applies: The release details QA/QC procedures including ISO accredited lab and CRM re-assays.

Evidence · text

“ALS is an ISO accredited laboratory and is independent from the Company. All sampling was carried out under AuMEGA's sampling guidelines which adheres to industry best practice. All QA/QC data is reviewed by the Database Manager, Exploration Manager and/or Competent Person to ensure quality of assays; batches containing multiple Certified Reference Material (CRM) that report outside of two standard deviations from expected values are re-assayed. Any batches containing individual CRM's greater than three standard deviations from expected values are also re-assayed.”

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

CRD404Cape Ray West · goldGrade: 0.25Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: CRD404
Project: Cape Ray West
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: AUM

Geometry

Grade: 0.25
Grade Unit: g/t
Intercept: 1 m
From: 302 m
To: 303 m
Hole Depth: 352 m
Intercept Depth: 302 m

Classification

Program: exploration
Sample Type: drill
Group ID: CRD404:302-303
Mining Method: open_pit

Location

Location: Southwest Extension
Easting: 354706
Northing: 5289590
CRS: NAD83, UTM Zone 21
Elevation: 271 m
Azimuth: 300 °
Dip: -50 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Laboratories
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards

Deleterious

Deleterious Flag: No

Compositing

Cutoff Grade: 0.2
Cutoff Unit: g/t Au
Max Dilution: 4 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-09-09T00:00:00.000Z

Reasoning: A low-grade intercept of 0.25 g/t Au over 1.0m, which is below the weak threshold for open pit gold.

Negative factors

Below weak threshold for open pit gold

Evidence · table

“0.25”

Context: 302

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Downhole lengths are reported as true width is not known due to the Greenfields nature of drilling.

Evidence · text

“down hole lengths are reported as true width is not known due to the Greenfields nature of drilling.”

QA/QC Disclosedpositive

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

Why it applies: The release details QA/QC procedures including ISO accredited lab and CRM re-assays.

Evidence · text

“ALS is an ISO accredited laboratory and is independent from the Company. All sampling was carried out under AuMEGA's sampling guidelines which adheres to industry best practice. All QA/QC data is reviewed by the Database Manager, Exploration Manager and/or Competent Person to ensure quality of assays; batches containing multiple Certified Reference Material (CRM) that report outside of two standard deviations from expected values are re-assayed. Any batches containing individual CRM's greater than three standard deviations from expected values are also re-assayed.”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Cut-off DisclosedRejected · positive · Story-specific tag

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Reason: The cut-off grade of 0.2 g/t Au is clearly stated for the reported interval.

Evidence · table

“0.2 g/t Au cut-off”

Context: Hole ID

CRD408Cape Ray West · goldGrade: 0.86Grade Unit: g/tIntercept: 2 mView all details

Link to this fact

Identity

Hole ID: CRD408
Project: Cape Ray West
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: AUM

Geometry

Grade: 0.86
Grade Unit: g/t
Intercept: 2 m
From: 15 m
To: 17 m
Hole Depth: 250 m
Intercept Depth: 15 m

Classification

Program: exploration
Sample Type: drill
Group ID: CRD408:15-17
Mining Method: open_pit

Location

Location: Window Glass Hill
Easting: 353878
Northing: 5289854
CRS: NAD83, UTM Zone 21
Elevation: 289 m
Azimuth: 360 °
Dip: -50 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Laboratories
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards

Deleterious

Deleterious Flag: No

Compositing

Cutoff Grade: 0.2
Cutoff Unit: g/t Au
Max Dilution: 4 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-09-09T00:00:00.000Z

Reasoning: A low-grade intercept of 0.86 g/t Au over 2.0m, which is below the weak threshold for open pit gold.

Negative factors

Below weak threshold for open pit gold

Evidence · table

“0.86”

Context: 15

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Downhole lengths are reported as true width is not known due to the Greenfields nature of drilling.

Evidence · text

“down hole lengths are reported as true width is not known due to the Greenfields nature of drilling.”

QA/QC Disclosedpositive

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

Why it applies: The release details QA/QC procedures including ISO accredited lab and CRM re-assays.

Evidence · text

“ALS is an ISO accredited laboratory and is independent from the Company. All sampling was carried out under AuMEGA's sampling guidelines which adheres to industry best practice. All QA/QC data is reviewed by the Database Manager, Exploration Manager and/or Competent Person to ensure quality of assays; batches containing multiple Certified Reference Material (CRM) that report outside of two standard deviations from expected values are re-assayed. Any batches containing individual CRM's greater than three standard deviations from expected values are also re-assayed.”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Cut-off DisclosedRejected · positive · Story-specific tag

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Reason: The cut-off grade of 0.2 g/t Au is clearly stated for the reported interval.

Evidence · table

“0.2 g/t Au cut-off”

Context: Hole ID

CRD408Cape Ray West · goldGrade: 1.52Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: CRD408
Project: Cape Ray West
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: AUM

Geometry

Grade: 1.52
Grade Unit: g/t
Intercept: 1 m
From: 16 m
To: 17 m
Hole Depth: 250 m
Intercept Depth: 16 m

Classification

Program: exploration
Sample Type: drill
Group ID: CRD408:16-17
Mining Method: open_pit

Location

Location: Window Glass Hill
Easting: 353878
Northing: 5289854
CRS: NAD83, UTM Zone 21
Elevation: 289 m
Azimuth: 360 °
Dip: -50 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Laboratories
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards

Deleterious

Deleterious Flag: No

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t Au
Max Dilution: 4 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-09-09T00:00:00.000Z

Reasoning: A narrow intercept of 1.0m at 1.52 g/t Au, which is a moderate grade but limited in width.

Negative factors

Narrow intercept

Evidence · table

“1.52”

Context: 16

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Downhole lengths are reported as true width is not known due to the Greenfields nature of drilling.

Evidence · text

“down hole lengths are reported as true width is not known due to the Greenfields nature of drilling.”

QA/QC Disclosedpositive

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

Why it applies: The release details QA/QC procedures including ISO accredited lab and CRM re-assays.

Evidence · text

“ALS is an ISO accredited laboratory and is independent from the Company. All sampling was carried out under AuMEGA's sampling guidelines which adheres to industry best practice. All QA/QC data is reviewed by the Database Manager, Exploration Manager and/or Competent Person to ensure quality of assays; batches containing multiple Certified Reference Material (CRM) that report outside of two standard deviations from expected values are re-assayed. Any batches containing individual CRM's greater than three standard deviations from expected values are also re-assayed.”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Cut-off DisclosedRejected · positive · Story-specific tag

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Reason: The cut-off grade of 0.5 g/t Au is clearly stated for the reported interval.

Evidence · table

“0.5 g/t Au cut-off”

Context: Hole ID

CRD408Cape Ray West · goldGrade: 0.25Grade Unit: g/tIntercept: 5 mView all details

Link to this fact

Identity

Hole ID: CRD408
Project: Cape Ray West
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: AUM

Geometry

Grade: 0.25
Grade Unit: g/t
Intercept: 5 m
From: 91 m
To: 96 m
Hole Depth: 250 m
Intercept Depth: 91 m

Classification

Program: exploration
Sample Type: drill
Group ID: CRD408:91-96
Mining Method: open_pit

Location

Location: Window Glass Hill
Easting: 353878
Northing: 5289854
CRS: NAD83, UTM Zone 21
Elevation: 289 m
Azimuth: 360 °
Dip: -50 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Laboratories
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards

Deleterious

Deleterious Flag: No

Compositing

Cutoff Grade: 0.2
Cutoff Unit: g/t Au
Max Dilution: 4 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-09-09T00:00:00.000Z

Reasoning: A low-grade intercept of 0.25 g/t Au over 5.0m, which is below the weak threshold for open pit gold.

Negative factors

Below weak threshold for open pit gold

Evidence · table

“0.25”

Context: 91

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Downhole lengths are reported as true width is not known due to the Greenfields nature of drilling.

Evidence · text

“down hole lengths are reported as true width is not known due to the Greenfields nature of drilling.”

QA/QC Disclosedpositive

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

Why it applies: The release details QA/QC procedures including ISO accredited lab and CRM re-assays.

Evidence · text

“ALS is an ISO accredited laboratory and is independent from the Company. All sampling was carried out under AuMEGA's sampling guidelines which adheres to industry best practice. All QA/QC data is reviewed by the Database Manager, Exploration Manager and/or Competent Person to ensure quality of assays; batches containing multiple Certified Reference Material (CRM) that report outside of two standard deviations from expected values are re-assayed. Any batches containing individual CRM's greater than three standard deviations from expected values are also re-assayed.”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Cut-off DisclosedRejected · positive · Story-specific tag

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Reason: The cut-off grade of 0.2 g/t Au is clearly stated for the reported interval.

Evidence · table

“0.2 g/t Au cut-off”

Context: Hole ID

CRD408Cape Ray West · goldGrade: 0.52Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: CRD408
Project: Cape Ray West
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: AUM

Geometry

Grade: 0.52
Grade Unit: g/t
Intercept: 1 m
From: 94 m
To: 95 m
Hole Depth: 250 m
Intercept Depth: 94 m

Classification

Program: exploration
Sample Type: drill
Group ID: CRD408:94-95
Mining Method: open_pit

Location

Location: Window Glass Hill
Easting: 353878
Northing: 5289854
CRS: NAD83, UTM Zone 21
Elevation: 289 m
Azimuth: 360 °
Dip: -50 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Laboratories
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards

Deleterious

Deleterious Flag: No

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t Au
Max Dilution: 4 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-09-09T00:00:00.000Z

Reasoning: A narrow intercept of 1.0m at 0.52 g/t Au, which is a weak grade for open pit gold.

Negative factors

Narrow intercept

Evidence · table

“0.52”

Context: 94

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Downhole lengths are reported as true width is not known due to the Greenfields nature of drilling.

Evidence · text

“down hole lengths are reported as true width is not known due to the Greenfields nature of drilling.”

QA/QC Disclosedpositive

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

Why it applies: The release details QA/QC procedures including ISO accredited lab and CRM re-assays.

Evidence · text

“ALS is an ISO accredited laboratory and is independent from the Company. All sampling was carried out under AuMEGA's sampling guidelines which adheres to industry best practice. All QA/QC data is reviewed by the Database Manager, Exploration Manager and/or Competent Person to ensure quality of assays; batches containing multiple Certified Reference Material (CRM) that report outside of two standard deviations from expected values are re-assayed. Any batches containing individual CRM's greater than three standard deviations from expected values are also re-assayed.”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Cut-off DisclosedRejected · positive · Story-specific tag

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Reason: The cut-off grade of 0.5 g/t Au is clearly stated for the reported interval.

Evidence · table

“0.5 g/t Au cut-off”

Context: Hole ID

CRD408Cape Ray West · goldGrade: 0.41Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: CRD408
Project: Cape Ray West
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: AUM

Geometry

Grade: 0.41
Grade Unit: g/t
Intercept: 1 m
From: 103 m
To: 104 m
Hole Depth: 250 m
Intercept Depth: 103 m

Classification

Program: exploration
Sample Type: drill
Group ID: CRD408:103-104
Mining Method: open_pit

Location

Location: Window Glass Hill
Easting: 353878
Northing: 5289854
CRS: NAD83, UTM Zone 21
Elevation: 289 m
Azimuth: 360 °
Dip: -50 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Laboratories
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards

Deleterious

Deleterious Flag: No

Compositing

Cutoff Grade: 0.2
Cutoff Unit: g/t Au
Max Dilution: 4 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-09-09T00:00:00.000Z

Reasoning: A low-grade intercept of 0.41 g/t Au over 1.0m, which is below the weak threshold for open pit gold.

Negative factors

Below weak threshold for open pit gold

Evidence · table

“0.41”

Context: 103

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Downhole lengths are reported as true width is not known due to the Greenfields nature of drilling.

Evidence · text

“down hole lengths are reported as true width is not known due to the Greenfields nature of drilling.”

QA/QC Disclosedpositive

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

Why it applies: The release details QA/QC procedures including ISO accredited lab and CRM re-assays.

Evidence · text

“ALS is an ISO accredited laboratory and is independent from the Company. All sampling was carried out under AuMEGA's sampling guidelines which adheres to industry best practice. All QA/QC data is reviewed by the Database Manager, Exploration Manager and/or Competent Person to ensure quality of assays; batches containing multiple Certified Reference Material (CRM) that report outside of two standard deviations from expected values are re-assayed. Any batches containing individual CRM's greater than three standard deviations from expected values are also re-assayed.”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Cut-off DisclosedRejected · positive · Story-specific tag

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Reason: The cut-off grade of 0.2 g/t Au is clearly stated for the reported interval.

Evidence · table

“0.2 g/t Au cut-off”

Context: Hole ID

CRD408Cape Ray West · goldGrade: 0.26Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: CRD408
Project: Cape Ray West
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: AUM

Geometry

Grade: 0.26
Grade Unit: g/t
Intercept: 1 m
From: 110 m
To: 111 m
Hole Depth: 250 m
Intercept Depth: 110 m

Classification

Program: exploration
Sample Type: drill
Group ID: CRD408:110-111
Mining Method: open_pit

Location

Location: Window Glass Hill
Easting: 353878
Northing: 5289854
CRS: NAD83, UTM Zone 21
Elevation: 289 m
Azimuth: 360 °
Dip: -50 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Laboratories
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards

Deleterious

Deleterious Flag: No

Compositing

Cutoff Grade: 0.2
Cutoff Unit: g/t Au
Max Dilution: 4 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-09-09T00:00:00.000Z

Reasoning: A low-grade intercept of 0.26 g/t Au over 1.0m, which is below the weak threshold for open pit gold.

Negative factors

Below weak threshold for open pit gold

Evidence · table

“0.26”

Context: 110

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Downhole lengths are reported as true width is not known due to the Greenfields nature of drilling.

Evidence · text

“down hole lengths are reported as true width is not known due to the Greenfields nature of drilling.”

QA/QC Disclosedpositive

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

Why it applies: The release details QA/QC procedures including ISO accredited lab and CRM re-assays.

Evidence · text

“ALS is an ISO accredited laboratory and is independent from the Company. All sampling was carried out under AuMEGA's sampling guidelines which adheres to industry best practice. All QA/QC data is reviewed by the Database Manager, Exploration Manager and/or Competent Person to ensure quality of assays; batches containing multiple Certified Reference Material (CRM) that report outside of two standard deviations from expected values are re-assayed. Any batches containing individual CRM's greater than three standard deviations from expected values are also re-assayed.”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Cut-off DisclosedRejected · positive · Story-specific tag

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Reason: The cut-off grade of 0.2 g/t Au is clearly stated for the reported interval.

Evidence · table

“0.2 g/t Au cut-off”

Context: Hole ID

CRD408Cape Ray West · goldGrade: 0.26Grade Unit: g/tIntercept: 4 mView all details

Link to this fact

Identity

Hole ID: CRD408
Project: Cape Ray West
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: AUM

Geometry

Grade: 0.26
Grade Unit: g/t
Intercept: 4 m
From: 149 m
To: 153 m
Hole Depth: 250 m
Intercept Depth: 149 m

Classification

Program: exploration
Sample Type: drill
Group ID: CRD408:149-153
Mining Method: open_pit

Location

Location: Window Glass Hill
Easting: 353878
Northing: 5289854
CRS: NAD83, UTM Zone 21
Elevation: 289 m
Azimuth: 360 °
Dip: -50 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Laboratories
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards

Deleterious

Deleterious Flag: No

Compositing

Cutoff Grade: 0.2
Cutoff Unit: g/t Au
Max Dilution: 4 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-09-09T00:00:00.000Z

Reasoning: A low-grade intercept of 0.26 g/t Au over 4.0m, which is below the weak threshold for open pit gold.

Negative factors

Below weak threshold for open pit gold

Evidence · table

“0.26”

Context: 149

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Downhole lengths are reported as true width is not known due to the Greenfields nature of drilling.

Evidence · text

“down hole lengths are reported as true width is not known due to the Greenfields nature of drilling.”

QA/QC Disclosedpositive

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

Why it applies: The release details QA/QC procedures including ISO accredited lab and CRM re-assays.

Evidence · text

“ALS is an ISO accredited laboratory and is independent from the Company. All sampling was carried out under AuMEGA's sampling guidelines which adheres to industry best practice. All QA/QC data is reviewed by the Database Manager, Exploration Manager and/or Competent Person to ensure quality of assays; batches containing multiple Certified Reference Material (CRM) that report outside of two standard deviations from expected values are re-assayed. Any batches containing individual CRM's greater than three standard deviations from expected values are also re-assayed.”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Cut-off DisclosedRejected · positive · Story-specific tag

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Reason: The cut-off grade of 0.2 g/t Au is clearly stated for the reported interval.

Evidence · table

“0.2 g/t Au cut-off”

Context: Hole ID

CRD409Cape Ray West · goldGrade: 0.21Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: CRD409
Project: Cape Ray West
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: AUM

Geometry

Grade: 0.21
Grade Unit: g/t
Intercept: 1 m
From: 36 m
To: 37 m
Hole Depth: 205 m
Intercept Depth: 36 m

Classification

Program: exploration
Sample Type: drill
Group ID: CRD409:36-37
Mining Method: open_pit

Location

Location: Window Glass Hill
Easting: 353902
Northing: 5289723
CRS: NAD83, UTM Zone 21
Elevation: 268 m
Azimuth: 0 °
Dip: -50 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Laboratories
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards

Deleterious

Deleterious Flag: No

Compositing

Cutoff Grade: 0.2
Cutoff Unit: g/t Au
Max Dilution: 4 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-09-09T00:00:00.000Z

Reasoning: A low-grade intercept of 0.21 g/t Au over 1.0m, which is below the weak threshold for open pit gold.

Negative factors

Below weak threshold for open pit gold

Evidence · table

“0.21”

Context: 36

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Downhole lengths are reported as true width is not known due to the Greenfields nature of drilling.

Evidence · text

“down hole lengths are reported as true width is not known due to the Greenfields nature of drilling.”

QA/QC Disclosedpositive

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

Why it applies: The release details QA/QC procedures including ISO accredited lab and CRM re-assays.

Evidence · text

“ALS is an ISO accredited laboratory and is independent from the Company. All sampling was carried out under AuMEGA's sampling guidelines which adheres to industry best practice. All QA/QC data is reviewed by the Database Manager, Exploration Manager and/or Competent Person to ensure quality of assays; batches containing multiple Certified Reference Material (CRM) that report outside of two standard deviations from expected values are re-assayed. Any batches containing individual CRM's greater than three standard deviations from expected values are also re-assayed.”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Cut-off DisclosedRejected · positive · Story-specific tag

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Reason: The cut-off grade of 0.2 g/t Au is clearly stated for the reported interval.

Evidence · table

“0.2 g/t Au cut-off”

Context: Hole ID

CRD409Cape Ray West · goldGrade: 0.3Grade Unit: g/tIntercept: 3 mView all details

Link to this fact

Identity

Hole ID: CRD409
Project: Cape Ray West
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: AUM

Geometry

Grade: 0.3
Grade Unit: g/t
Intercept: 3 m
From: 125 m
To: 128 m
Hole Depth: 205 m
Intercept Depth: 125 m

Classification

Program: exploration
Sample Type: drill
Group ID: CRD409:125-128
Mining Method: open_pit

Location

Location: Window Glass Hill
Easting: 353902
Northing: 5289723
CRS: NAD83, UTM Zone 21
Elevation: 268 m
Azimuth: 0 °
Dip: -50 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Laboratories
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards

Deleterious

Deleterious Flag: No

Compositing

Cutoff Grade: 0.2
Cutoff Unit: g/t Au
Max Dilution: 4 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-09-09T00:00:00.000Z

Reasoning: A low-grade intercept of 0.30 g/t Au over 3.0m, which is at the weak threshold for open pit gold.

Negative factors

Below weak threshold for open pit gold

Evidence · table

“0.30”

Context: 125

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Downhole lengths are reported as true width is not known due to the Greenfields nature of drilling.

Evidence · text

“down hole lengths are reported as true width is not known due to the Greenfields nature of drilling.”

QA/QC Disclosedpositive

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

Why it applies: The release details QA/QC procedures including ISO accredited lab and CRM re-assays.

Evidence · text

“ALS is an ISO accredited laboratory and is independent from the Company. All sampling was carried out under AuMEGA's sampling guidelines which adheres to industry best practice. All QA/QC data is reviewed by the Database Manager, Exploration Manager and/or Competent Person to ensure quality of assays; batches containing multiple Certified Reference Material (CRM) that report outside of two standard deviations from expected values are re-assayed. Any batches containing individual CRM's greater than three standard deviations from expected values are also re-assayed.”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Cut-off DisclosedRejected · positive · Story-specific tag

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Reason: The cut-off grade of 0.2 g/t Au is clearly stated for the reported interval.

Evidence · table

“0.2 g/t Au cut-off”

Context: Hole ID

CRD409Cape Ray West · goldGrade: 0.25Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: CRD409
Project: Cape Ray West
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: AUM

Geometry

Grade: 0.25
Grade Unit: g/t
Intercept: 1 m
From: 144 m
To: 145 m
Hole Depth: 205 m
Intercept Depth: 144 m

Classification

Program: exploration
Sample Type: drill
Group ID: CRD409:144-145
Mining Method: open_pit

Location

Location: Window Glass Hill
Easting: 353902
Northing: 5289723
CRS: NAD83, UTM Zone 21
Elevation: 268 m
Azimuth: 0 °
Dip: -50 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Laboratories
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards

Deleterious

Deleterious Flag: No

Compositing

Cutoff Grade: 0.2
Cutoff Unit: g/t Au
Max Dilution: 4 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-09-09T00:00:00.000Z

Reasoning: A low-grade intercept of 0.25 g/t Au over 1.0m, which is below the weak threshold for open pit gold.

Negative factors

Below weak threshold for open pit gold

Evidence · table

“0.25”

Context: 144

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Downhole lengths are reported as true width is not known due to the Greenfields nature of drilling.

Evidence · text

“down hole lengths are reported as true width is not known due to the Greenfields nature of drilling.”

QA/QC Disclosedpositive

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

Why it applies: The release details QA/QC procedures including ISO accredited lab and CRM re-assays.

Evidence · text

“ALS is an ISO accredited laboratory and is independent from the Company. All sampling was carried out under AuMEGA's sampling guidelines which adheres to industry best practice. All QA/QC data is reviewed by the Database Manager, Exploration Manager and/or Competent Person to ensure quality of assays; batches containing multiple Certified Reference Material (CRM) that report outside of two standard deviations from expected values are re-assayed. Any batches containing individual CRM's greater than three standard deviations from expected values are also re-assayed.”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Cut-off DisclosedRejected · positive · Story-specific tag

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Reason: The cut-off grade of 0.2 g/t Au is clearly stated for the reported interval.

Evidence · table

“0.2 g/t Au cut-off”

Context: Hole ID

CRD409Cape Ray West · goldGrade: 0.21Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: CRD409
Project: Cape Ray West
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: AUM

Geometry

Grade: 0.21
Grade Unit: g/t
Intercept: 1 m
From: 161 m
To: 162 m
Hole Depth: 205 m
Intercept Depth: 161 m

Classification

Program: exploration
Sample Type: drill
Group ID: CRD409:161-162
Mining Method: open_pit

Location

Location: Window Glass Hill
Easting: 353902
Northing: 5289723
CRS: NAD83, UTM Zone 21
Elevation: 268 m
Azimuth: 0 °
Dip: -50 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Laboratories
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards

Deleterious

Deleterious Flag: No

Compositing

Cutoff Grade: 0.2
Cutoff Unit: g/t Au
Max Dilution: 4 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-09-09T00:00:00.000Z

Reasoning: A low-grade intercept of 0.21 g/t Au over 1.0m, which is below the weak threshold for open pit gold.

Negative factors

Below weak threshold for open pit gold

Evidence · table

“0.21”

Context: 161

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Downhole lengths are reported as true width is not known due to the Greenfields nature of drilling.

Evidence · text

“down hole lengths are reported as true width is not known due to the Greenfields nature of drilling.”

QA/QC Disclosedpositive

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

Why it applies: The release details QA/QC procedures including ISO accredited lab and CRM re-assays.

Evidence · text

“ALS is an ISO accredited laboratory and is independent from the Company. All sampling was carried out under AuMEGA's sampling guidelines which adheres to industry best practice. All QA/QC data is reviewed by the Database Manager, Exploration Manager and/or Competent Person to ensure quality of assays; batches containing multiple Certified Reference Material (CRM) that report outside of two standard deviations from expected values are re-assayed. Any batches containing individual CRM's greater than three standard deviations from expected values are also re-assayed.”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Cut-off DisclosedRejected · positive · Story-specific tag

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Reason: The cut-off grade of 0.2 g/t Au is clearly stated for the reported interval.

Evidence · table

“0.2 g/t Au cut-off”

Context: Hole ID

CRD410Cape Ray West · goldGrade: 0.36Grade Unit: g/tIntercept: 1.97 mView all details

Link to this fact

Identity

Hole ID: CRD410
Project: Cape Ray West
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: AUM

Geometry

Grade: 0.36
Grade Unit: g/t
Intercept: 1.97 m
From: 51.53 m
To: 53.5 m
Hole Depth: 232 m
Intercept Depth: 51.53 m

Classification

Program: exploration
Sample Type: drill
Group ID: CRD410:51.53-53.5
Mining Method: open_pit

Location

Location: Window Glass Hill
Easting: 353881
Northing: 5289521
CRS: NAD83, UTM Zone 21
Elevation: 251 m
Azimuth: 0 °
Dip: -50 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Laboratories
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards

Deleterious

Deleterious Flag: No

Compositing

Cutoff Grade: 0.2
Cutoff Unit: g/t Au
Max Dilution: 4 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-09-09T00:00:00.000Z

Reasoning: A low-grade intercept of 0.36 g/t Au over 1.97m, which is below the weak threshold for open pit gold.

Negative factors

Below weak threshold for open pit gold

Evidence · table

“0.36”

Context: 51.53

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Downhole lengths are reported as true width is not known due to the Greenfields nature of drilling.

Evidence · text

“down hole lengths are reported as true width is not known due to the Greenfields nature of drilling.”

QA/QC Disclosedpositive

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

Why it applies: The release details QA/QC procedures including ISO accredited lab and CRM re-assays.

Evidence · text

“ALS is an ISO accredited laboratory and is independent from the Company. All sampling was carried out under AuMEGA's sampling guidelines which adheres to industry best practice. All QA/QC data is reviewed by the Database Manager, Exploration Manager and/or Competent Person to ensure quality of assays; batches containing multiple Certified Reference Material (CRM) that report outside of two standard deviations from expected values are re-assayed. Any batches containing individual CRM's greater than three standard deviations from expected values are also re-assayed.”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Cut-off DisclosedRejected · positive · Story-specific tag

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Reason: The cut-off grade of 0.2 g/t Au is clearly stated for the reported interval.

Evidence · table

“0.2 g/t Au cut-off”

Context: Hole ID

CRD410Cape Ray West · goldGrade: 0.56Grade Unit: g/tIntercept: 4 mView all details

Link to this fact

Identity

Hole ID: CRD410
Project: Cape Ray West
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: AUM

Geometry

Grade: 0.56
Grade Unit: g/t
Intercept: 4 m
From: 106 m
To: 110 m
Hole Depth: 232 m
Intercept Depth: 106 m

Classification

Program: exploration
Sample Type: drill
Group ID: CRD410:106-110
Mining Method: open_pit

Location

Location: Window Glass Hill
Easting: 353881
Northing: 5289521
CRS: NAD83, UTM Zone 21
Elevation: 251 m
Azimuth: 0 °
Dip: -50 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Laboratories
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards

Deleterious

Deleterious Flag: No

Compositing

Cutoff Grade: 0.2
Cutoff Unit: g/t Au
Max Dilution: 4 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-09-09T00:00:00.000Z

Reasoning: A low-grade intercept of 0.56 g/t Au over 4.0m, which is below the weak threshold for open pit gold.

Negative factors

Below weak threshold for open pit gold

Evidence · table

“0.56”

Context: 106

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Downhole lengths are reported as true width is not known due to the Greenfields nature of drilling.

Evidence · text

“down hole lengths are reported as true width is not known due to the Greenfields nature of drilling.”

QA/QC Disclosedpositive

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

Why it applies: The release details QA/QC procedures including ISO accredited lab and CRM re-assays.

Evidence · text

“ALS is an ISO accredited laboratory and is independent from the Company. All sampling was carried out under AuMEGA's sampling guidelines which adheres to industry best practice. All QA/QC data is reviewed by the Database Manager, Exploration Manager and/or Competent Person to ensure quality of assays; batches containing multiple Certified Reference Material (CRM) that report outside of two standard deviations from expected values are re-assayed. Any batches containing individual CRM's greater than three standard deviations from expected values are also re-assayed.”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Cut-off DisclosedRejected · positive · Story-specific tag

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Reason: The cut-off grade of 0.2 g/t Au is clearly stated for the reported interval.

Evidence · table

“0.2 g/t Au cut-off”

Context: Hole ID

CRD410Cape Ray West · goldGrade: 1.98Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: CRD410
Project: Cape Ray West
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: AUM

Geometry

Grade: 1.98
Grade Unit: g/t
Intercept: 1 m
From: 106 m
To: 107 m
Hole Depth: 232 m
Intercept Depth: 106 m

Classification

Program: exploration
Sample Type: drill
Group ID: CRD410:106-107
Mining Method: open_pit

Location

Location: Window Glass Hill
Easting: 353881
Northing: 5289521
CRS: NAD83, UTM Zone 21
Elevation: 251 m
Azimuth: 0 °
Dip: -50 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Laboratories
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards

Deleterious

Deleterious Flag: No

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t Au
Max Dilution: 4 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-09-09T00:00:00.000Z

Reasoning: A narrow intercept of 1.0m at 1.98 g/t Au, which is a moderate grade but limited in width.

Negative factors

Narrow intercept

Evidence · table

“1.98”

Context: 106

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Downhole lengths are reported as true width is not known due to the Greenfields nature of drilling.

Evidence · text

“down hole lengths are reported as true width is not known due to the Greenfields nature of drilling.”

QA/QC Disclosedpositive

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

Why it applies: The release details QA/QC procedures including ISO accredited lab and CRM re-assays.

Evidence · text

“ALS is an ISO accredited laboratory and is independent from the Company. All sampling was carried out under AuMEGA's sampling guidelines which adheres to industry best practice. All QA/QC data is reviewed by the Database Manager, Exploration Manager and/or Competent Person to ensure quality of assays; batches containing multiple Certified Reference Material (CRM) that report outside of two standard deviations from expected values are re-assayed. Any batches containing individual CRM's greater than three standard deviations from expected values are also re-assayed.”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Cut-off DisclosedRejected · positive · Story-specific tag

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Reason: The cut-off grade of 0.5 g/t Au is clearly stated for the reported interval.

Evidence · table

“0.5 g/t Au cut-off”

Context: Hole ID

CRD410Cape Ray West · goldGrade: 0.49Grade Unit: g/tIntercept: 10 mView all details

Link to this fact

Identity

Hole ID: CRD410
Project: Cape Ray West
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: AUM

Geometry

Grade: 0.49
Grade Unit: g/t
Intercept: 10 m
From: 188 m
To: 198 m
Hole Depth: 232 m
Intercept Depth: 188 m

Classification

Program: exploration
Sample Type: drill
Group ID: CRD410:188-198
Mining Method: open_pit

Location

Location: Window Glass Hill
Easting: 353881
Northing: 5289521
CRS: NAD83, UTM Zone 21
Elevation: 251 m
Azimuth: 0 °
Dip: -50 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Laboratories
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards

Deleterious

Deleterious Flag: No

Compositing

Cutoff Grade: 0.2
Cutoff Unit: g/t Au
Max Dilution: 4 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-09-09T00:00:00.000Z

Reasoning: A low-grade intercept of 0.49 g/t Au over 10.0m, which is below the weak threshold for open pit gold.

Negative factors

Below weak threshold for open pit gold

Evidence · table

“0.49”

Context: 188

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Downhole lengths are reported as true width is not known due to the Greenfields nature of drilling.

Evidence · text

“down hole lengths are reported as true width is not known due to the Greenfields nature of drilling.”

QA/QC Disclosedpositive

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

Why it applies: The release details QA/QC procedures including ISO accredited lab and CRM re-assays.

Evidence · text

“ALS is an ISO accredited laboratory and is independent from the Company. All sampling was carried out under AuMEGA's sampling guidelines which adheres to industry best practice. All QA/QC data is reviewed by the Database Manager, Exploration Manager and/or Competent Person to ensure quality of assays; batches containing multiple Certified Reference Material (CRM) that report outside of two standard deviations from expected values are re-assayed. Any batches containing individual CRM's greater than three standard deviations from expected values are also re-assayed.”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Cut-off DisclosedRejected · positive · Story-specific tag

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Reason: The cut-off grade of 0.2 g/t Au is clearly stated for the reported interval.

Evidence · table

“0.2 g/t Au cut-off”

Context: Hole ID

CRD410Cape Ray West · goldGrade: 3.18Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: CRD410
Project: Cape Ray West
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: AUM

Geometry

Grade: 3.18
Grade Unit: g/t
Intercept: 1 m
From: 188 m
To: 189 m
Hole Depth: 232 m
Intercept Depth: 188 m

Classification

Program: exploration
Sample Type: drill
Group ID: CRD410:188-189
Mining Method: open_pit

Location

Location: Window Glass Hill
Easting: 353881
Northing: 5289521
CRS: NAD83, UTM Zone 21
Elevation: 251 m
Azimuth: 0 °
Dip: -50 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Laboratories
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards

Deleterious

Deleterious Flag: No

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t Au
Max Dilution: 4 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-09-09T00:00:00.000Z

Reasoning: A narrow intercept of 1.0m at 3.18 g/t Au, which is a strong grade for open pit gold.

Negative factors

Narrow intercept

Evidence · table

“3.18”

Context: 188

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Downhole lengths are reported as true width is not known due to the Greenfields nature of drilling.

Evidence · text

“down hole lengths are reported as true width is not known due to the Greenfields nature of drilling.”

QA/QC Disclosedpositive

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

Why it applies: The release details QA/QC procedures including ISO accredited lab and CRM re-assays.

Evidence · text

“ALS is an ISO accredited laboratory and is independent from the Company. All sampling was carried out under AuMEGA's sampling guidelines which adheres to industry best practice. All QA/QC data is reviewed by the Database Manager, Exploration Manager and/or Competent Person to ensure quality of assays; batches containing multiple Certified Reference Material (CRM) that report outside of two standard deviations from expected values are re-assayed. Any batches containing individual CRM's greater than three standard deviations from expected values are also re-assayed.”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Cut-off DisclosedRejected · positive · Story-specific tag

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Reason: The cut-off grade of 0.5 g/t Au is clearly stated for the reported interval.

Evidence · table

“0.5 g/t Au cut-off”

Context: Hole ID

CRD410Cape Ray West · goldGrade: 0.25Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: CRD410
Project: Cape Ray West
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: AUM

Geometry

Grade: 0.25
Grade Unit: g/t
Intercept: 1 m
From: 211 m
To: 212 m
Hole Depth: 232 m
Intercept Depth: 211 m

Classification

Program: exploration
Sample Type: drill
Group ID: CRD410:211-212
Mining Method: open_pit

Location

Location: Window Glass Hill
Easting: 353881
Northing: 5289521
CRS: NAD83, UTM Zone 21
Elevation: 251 m
Azimuth: 0 °
Dip: -50 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Laboratories
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards

Deleterious

Deleterious Flag: No

Compositing

Cutoff Grade: 0.2
Cutoff Unit: g/t Au
Max Dilution: 4 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-09-09T00:00:00.000Z

Reasoning: A low-grade intercept of 0.25 g/t Au over 1.0m, which is below the weak threshold for open pit gold.

Negative factors

Below weak threshold for open pit gold

Evidence · table

“0.25”

Context: 211

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Downhole lengths are reported as true width is not known due to the Greenfields nature of drilling.

Evidence · text

“down hole lengths are reported as true width is not known due to the Greenfields nature of drilling.”

QA/QC Disclosedpositive

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

Why it applies: The release details QA/QC procedures including ISO accredited lab and CRM re-assays.

Evidence · text

“ALS is an ISO accredited laboratory and is independent from the Company. All sampling was carried out under AuMEGA's sampling guidelines which adheres to industry best practice. All QA/QC data is reviewed by the Database Manager, Exploration Manager and/or Competent Person to ensure quality of assays; batches containing multiple Certified Reference Material (CRM) that report outside of two standard deviations from expected values are re-assayed. Any batches containing individual CRM's greater than three standard deviations from expected values are also re-assayed.”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Cut-off DisclosedRejected · positive · Story-specific tag

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Reason: The cut-off grade of 0.2 g/t Au is clearly stated for the reported interval.

Evidence · table

“0.2 g/t Au cut-off”

Context: Hole ID

CRD410Cape Ray West · goldGrade: 0.21Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: CRD410
Project: Cape Ray West
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: AUM

Geometry

Grade: 0.21
Grade Unit: g/t
Intercept: 1 m
From: 222 m
To: 223 m
Hole Depth: 232 m
Intercept Depth: 222 m

Classification

Program: exploration
Sample Type: drill
Group ID: CRD410:222-223
Mining Method: open_pit

Location

Location: Window Glass Hill
Easting: 353881
Northing: 5289521
CRS: NAD83, UTM Zone 21
Elevation: 251 m
Azimuth: 0 °
Dip: -50 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Laboratories
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards

Deleterious

Deleterious Flag: No

Compositing

Cutoff Grade: 0.2
Cutoff Unit: g/t Au
Max Dilution: 4 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-09-09T00:00:00.000Z

Reasoning: A low-grade intercept of 0.21 g/t Au over 1.0m, which is below the weak threshold for open pit gold.

Negative factors

Below weak threshold for open pit gold

Evidence · table

“0.21”

Context: 222

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Downhole lengths are reported as true width is not known due to the Greenfields nature of drilling.

Evidence · text

“down hole lengths are reported as true width is not known due to the Greenfields nature of drilling.”

QA/QC Disclosedpositive

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

Why it applies: The release details QA/QC procedures including ISO accredited lab and CRM re-assays.

Evidence · text

“ALS is an ISO accredited laboratory and is independent from the Company. All sampling was carried out under AuMEGA's sampling guidelines which adheres to industry best practice. All QA/QC data is reviewed by the Database Manager, Exploration Manager and/or Competent Person to ensure quality of assays; batches containing multiple Certified Reference Material (CRM) that report outside of two standard deviations from expected values are re-assayed. Any batches containing individual CRM's greater than three standard deviations from expected values are also re-assayed.”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Cut-off DisclosedRejected · positive · Story-specific tag

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Reason: The cut-off grade of 0.2 g/t Au is clearly stated for the reported interval.

Evidence · table

“0.2 g/t Au cut-off”

Context: Hole ID

CRD411Cape Ray West · goldGrade: 1.21Grade Unit: g/tIntercept: 1.85 mView all details

Link to this fact

Identity

Hole ID: CRD411
Project: Cape Ray West
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: AUM

Geometry

Grade: 1.21
Grade Unit: g/t
Intercept: 1.85 m
From: 196.65 m
To: 198.5 m
Hole Depth: 331 m
Intercept Depth: 196.65 m

Classification

Program: exploration
Sample Type: drill
Group ID: CRD411:196.65-198.5
Mining Method: open_pit

Location

Location: Z41
Easting: 356154
Northing: 5291108
CRS: NAD83, UTM Zone 21
Elevation: 335 m
Azimuth: 320 °
Dip: -65 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Laboratories
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards

Deleterious

Deleterious Flag: No

Compositing

Cutoff Grade: 0.2
Cutoff Unit: g/t Au
Max Dilution: 4 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-09-09T00:00:00.000Z

Reasoning: A narrow intercept of 1.85m at 1.21 g/t Au, which is a moderate grade for open pit gold.

Negative factors

Narrow intercept

Evidence · table

“1.21”

Context: 196.65

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Downhole lengths are reported as true width is not known due to the Greenfields nature of drilling.

Evidence · text

“down hole lengths are reported as true width is not known due to the Greenfields nature of drilling.”

QA/QC Disclosedpositive

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

Why it applies: The release details QA/QC procedures including ISO accredited lab and CRM re-assays.

Evidence · text

“ALS is an ISO accredited laboratory and is independent from the Company. All sampling was carried out under AuMEGA's sampling guidelines which adheres to industry best practice. All QA/QC data is reviewed by the Database Manager, Exploration Manager and/or Competent Person to ensure quality of assays; batches containing multiple Certified Reference Material (CRM) that report outside of two standard deviations from expected values are re-assayed. Any batches containing individual CRM's greater than three standard deviations from expected values are also re-assayed.”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Cut-off DisclosedRejected · positive · Story-specific tag

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Reason: The cut-off grade of 0.2 g/t Au is clearly stated for the reported interval.

Evidence · table

“0.2 g/t Au cut-off”

Context: Hole ID

CRD411Cape Ray West · goldGrade: 2.33Grade Unit: g/tIntercept: 0.85 mView all details

Link to this fact

Identity

Hole ID: CRD411
Project: Cape Ray West
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: AUM

Geometry

Grade: 2.33
Grade Unit: g/t
Intercept: 0.85 m
From: 196.65 m
To: 197.5 m
Hole Depth: 331 m
Intercept Depth: 196.65 m

Classification

Program: exploration
Sample Type: drill
Group ID: CRD411:196.65-197.5
Mining Method: open_pit

Location

Location: Z41
Easting: 356154
Northing: 5291108
CRS: NAD83, UTM Zone 21
Elevation: 335 m
Azimuth: 320 °
Dip: -65 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Laboratories
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards

Deleterious

Deleterious Flag: No

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t Au
Max Dilution: 4 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-09-09T00:00:00.000Z

Reasoning: A very narrow intercept of 0.85m at 2.33 g/t Au, which is a strong grade but limited in width.

Negative factors

Very narrow intercept

Evidence · table

“2.33”

Context: 196.65

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Downhole lengths are reported as true width is not known due to the Greenfields nature of drilling.

Evidence · text

“down hole lengths are reported as true width is not known due to the Greenfields nature of drilling.”

QA/QC Disclosedpositive

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

Why it applies: The release details QA/QC procedures including ISO accredited lab and CRM re-assays.

Evidence · text

“ALS is an ISO accredited laboratory and is independent from the Company. All sampling was carried out under AuMEGA's sampling guidelines which adheres to industry best practice. All QA/QC data is reviewed by the Database Manager, Exploration Manager and/or Competent Person to ensure quality of assays; batches containing multiple Certified Reference Material (CRM) that report outside of two standard deviations from expected values are re-assayed. Any batches containing individual CRM's greater than three standard deviations from expected values are also re-assayed.”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Cut-off DisclosedRejected · positive · Story-specific tag

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Reason: The cut-off grade of 0.5 g/t Au is clearly stated for the reported interval.

Evidence · table

“0.5 g/t Au cut-off”

Context: Hole ID

CRD411Cape Ray West · goldGrade: 0.56Grade Unit: g/tIntercept: 6.3 mView all details

Link to this fact

Identity

Hole ID: CRD411
Project: Cape Ray West
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: AUM

Geometry

Grade: 0.56
Grade Unit: g/t
Intercept: 6.3 m
From: 224 m
To: 230.3 m
Hole Depth: 331 m
Intercept Depth: 224 m

Classification

Program: exploration
Sample Type: drill
Group ID: CRD411:224-230.3
Mining Method: open_pit

Location

Location: Z41
Easting: 356154
Northing: 5291108
CRS: NAD83, UTM Zone 21
Elevation: 335 m
Azimuth: 320 °
Dip: -65 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Laboratories
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards

Deleterious

Deleterious Flag: No

Compositing

Cutoff Grade: 0.2
Cutoff Unit: g/t Au
Max Dilution: 4 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-09-09T00:00:00.000Z

Reasoning: A low-grade intercept of 0.56 g/t Au over 6.3m, which is below the weak threshold for open pit gold.

Negative factors

Below weak threshold for open pit gold

Evidence · table

“0.56”

Context: 224

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Downhole lengths are reported as true width is not known due to the Greenfields nature of drilling.

Evidence · text

“down hole lengths are reported as true width is not known due to the Greenfields nature of drilling.”

QA/QC Disclosedpositive

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

Why it applies: The release details QA/QC procedures including ISO accredited lab and CRM re-assays.

Evidence · text

“ALS is an ISO accredited laboratory and is independent from the Company. All sampling was carried out under AuMEGA's sampling guidelines which adheres to industry best practice. All QA/QC data is reviewed by the Database Manager, Exploration Manager and/or Competent Person to ensure quality of assays; batches containing multiple Certified Reference Material (CRM) that report outside of two standard deviations from expected values are re-assayed. Any batches containing individual CRM's greater than three standard deviations from expected values are also re-assayed.”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Cut-off DisclosedRejected · positive · Story-specific tag

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Reason: The cut-off grade of 0.2 g/t Au is clearly stated for the reported interval.

Evidence · table

“0.2 g/t Au cut-off”

Context: Hole ID

CRD411Cape Ray West · goldGrade: 0.63Grade Unit: g/tIntercept: 5.3 mView all details

Link to this fact

Identity

Hole ID: CRD411
Project: Cape Ray West
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: AUM

Geometry

Grade: 0.63
Grade Unit: g/t
Intercept: 5.3 m
From: 225 m
To: 230.3 m
Hole Depth: 331 m
Intercept Depth: 225 m

Classification

Program: exploration
Sample Type: drill
Group ID: CRD411:225-230.3
Mining Method: open_pit

Location

Location: Z41
Easting: 356154
Northing: 5291108
CRS: NAD83, UTM Zone 21
Elevation: 335 m
Azimuth: 320 °
Dip: -65 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Laboratories
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards

Deleterious

Deleterious Flag: No

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t Au
Max Dilution: 4 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-09-09T00:00:00.000Z

Reasoning: A low-grade intercept of 0.63 g/t Au over 5.3m, which is below the weak threshold for open pit gold.

Negative factors

Below weak threshold for open pit gold

Evidence · table

“0.63”

Context: 225

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Downhole lengths are reported as true width is not known due to the Greenfields nature of drilling.

Evidence · text

“down hole lengths are reported as true width is not known due to the Greenfields nature of drilling.”

QA/QC Disclosedpositive

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

Why it applies: The release details QA/QC procedures including ISO accredited lab and CRM re-assays.

Evidence · text

“ALS is an ISO accredited laboratory and is independent from the Company. All sampling was carried out under AuMEGA's sampling guidelines which adheres to industry best practice. All QA/QC data is reviewed by the Database Manager, Exploration Manager and/or Competent Person to ensure quality of assays; batches containing multiple Certified Reference Material (CRM) that report outside of two standard deviations from expected values are re-assayed. Any batches containing individual CRM's greater than three standard deviations from expected values are also re-assayed.”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Cut-off DisclosedRejected · positive · Story-specific tag

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Reason: The cut-off grade of 0.5 g/t Au is clearly stated for the reported interval.

Evidence · table

“0.5 g/t Au cut-off”

Context: Hole ID

CRD411Cape Ray West · goldGrade: 1.74Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: CRD411
Project: Cape Ray West
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: AUM

Geometry

Grade: 1.74
Grade Unit: g/t
Intercept: 1 m
From: 225 m
To: 226 m
Hole Depth: 331 m
Intercept Depth: 225 m

Classification

Program: exploration
Sample Type: drill
Group ID: CRD411:225-226
Mining Method: open_pit

Location

Location: Z41
Easting: 356154
Northing: 5291108
CRS: NAD83, UTM Zone 21
Elevation: 335 m
Azimuth: 320 °
Dip: -65 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Laboratories
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards

Deleterious

Deleterious Flag: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-09-09T00:00:00.000Z

Reasoning: A narrow intercept of 1.0m at 1.74 g/t Au, which is a moderate grade for open pit gold.

Negative factors

Narrow intercept

Evidence · table

“1m at 1.74g/t Au from 225m”

Context: CRD411

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Downhole lengths are reported as true width is not known due to the Greenfields nature of drilling.

Evidence · text

“down hole lengths are reported as true width is not known due to the Greenfields nature of drilling.”

QA/QC Disclosedpositive

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

Why it applies: The release details QA/QC procedures including ISO accredited lab and CRM re-assays.

Evidence · text

“ALS is an ISO accredited laboratory and is independent from the Company. All sampling was carried out under AuMEGA's sampling guidelines which adheres to industry best practice. All QA/QC data is reviewed by the Database Manager, Exploration Manager and/or Competent Person to ensure quality of assays; batches containing multiple Certified Reference Material (CRM) that report outside of two standard deviations from expected values are re-assayed. Any batches containing individual CRM's greater than three standard deviations from expected values are also re-assayed.”

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

CRD411Cape Ray West · goldGrade: 1.95Grade Unit: g/tIntercept: 0.75 mView all details

Link to this fact

Identity

Hole ID: CRD411
Project: Cape Ray West
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: AUM

Geometry

Grade: 1.95
Grade Unit: g/t
Intercept: 0.75 m
From: 229.55 m
To: 230.3 m
Hole Depth: 331 m
Intercept Depth: 229.55 m

Classification

Program: exploration
Sample Type: drill
Group ID: CRD411:229.55-230.3
Mining Method: open_pit

Location

Location: Z41
Easting: 356154
Northing: 5291108
CRS: NAD83, UTM Zone 21
Elevation: 335 m
Azimuth: 320 °
Dip: -65 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Laboratories
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards

Deleterious

Deleterious Flag: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-09-09T00:00:00.000Z

Reasoning: A very narrow intercept of 0.75m at 1.95 g/t Au, which is a moderate grade but limited in width.

Negative factors

Very narrow intercept

Evidence · table

“0.75m at 1.95g/t Au from 229.55m”

Context: CRD411

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Downhole lengths are reported as true width is not known due to the Greenfields nature of drilling.

Evidence · text

“down hole lengths are reported as true width is not known due to the Greenfields nature of drilling.”

QA/QC Disclosedpositive

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

Why it applies: The release details QA/QC procedures including ISO accredited lab and CRM re-assays.

Evidence · text

“ALS is an ISO accredited laboratory and is independent from the Company. All sampling was carried out under AuMEGA's sampling guidelines which adheres to industry best practice. All QA/QC data is reviewed by the Database Manager, Exploration Manager and/or Competent Person to ensure quality of assays; batches containing multiple Certified Reference Material (CRM) that report outside of two standard deviations from expected values are re-assayed. Any batches containing individual CRM's greater than three standard deviations from expected values are also re-assayed.”

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

CRD411Cape Ray West · goldGrade: 0.59Grade Unit: g/tIntercept: 8.85 mView all details

Link to this fact

Identity

Hole ID: CRD411
Project: Cape Ray West
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: AUM

Geometry

Grade: 0.59
Grade Unit: g/t
Intercept: 8.85 m
From: 231.3 m
To: 240.15 m
Hole Depth: 331 m
Intercept Depth: 231.3 m

Classification

Program: exploration
Sample Type: drill
Group ID: CRD411:231.3-240.15
Mining Method: open_pit

Location

Location: Z41
Easting: 356154
Northing: 5291108
CRS: NAD83, UTM Zone 21
Elevation: 335 m
Azimuth: 320 °
Dip: -65 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Laboratories
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards

Deleterious

Deleterious Flag: No

Compositing

Cutoff Grade: 0.2
Cutoff Unit: g/t Au
Max Dilution: 4 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-09-09T00:00:00.000Z

Reasoning: A low-grade intercept of 0.59 g/t Au over 8.85m, which is below the weak threshold for open pit gold.

Negative factors

Below weak threshold for open pit gold

Evidence · table

“0.59”

Context: 231.3

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Downhole lengths are reported as true width is not known due to the Greenfields nature of drilling.

Evidence · text

“down hole lengths are reported as true width is not known due to the Greenfields nature of drilling.”

QA/QC Disclosedpositive

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

Why it applies: The release details QA/QC procedures including ISO accredited lab and CRM re-assays.

Evidence · text

“ALS is an ISO accredited laboratory and is independent from the Company. All sampling was carried out under AuMEGA's sampling guidelines which adheres to industry best practice. All QA/QC data is reviewed by the Database Manager, Exploration Manager and/or Competent Person to ensure quality of assays; batches containing multiple Certified Reference Material (CRM) that report outside of two standard deviations from expected values are re-assayed. Any batches containing individual CRM's greater than three standard deviations from expected values are also re-assayed.”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Cut-off DisclosedRejected · positive · Story-specific tag

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Reason: The cut-off grade of 0.2 g/t Au is clearly stated for the reported interval.

Evidence · table

“0.2 g/t Au cut-off”

Context: Hole ID

CRD411Cape Ray West · goldGrade: 0.87Grade Unit: g/tIntercept: 4.5 mView all details

Link to this fact

Identity

Hole ID: CRD411
Project: Cape Ray West
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: AUM

Geometry

Grade: 0.87
Grade Unit: g/t
Intercept: 4.5 m
From: 232.3 m
To: 236.8 m
Hole Depth: 331 m
Intercept Depth: 232.3 m

Classification

Program: exploration
Sample Type: drill
Group ID: CRD411:232.3-236.8
Mining Method: open_pit

Location

Location: Z41
Easting: 356154
Northing: 5291108
CRS: NAD83, UTM Zone 21
Elevation: 335 m
Azimuth: 320 °
Dip: -65 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Laboratories
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards

Deleterious

Deleterious Flag: No

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t Au
Max Dilution: 4 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-09-09T00:00:00.000Z

Reasoning: A low-grade intercept of 0.87 g/t Au over 4.5m, which is below the weak threshold for open pit gold.

Negative factors

Below weak threshold for open pit gold

Evidence · table

“0.87”

Context: 232.3

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Downhole lengths are reported as true width is not known due to the Greenfields nature of drilling.

Evidence · text

“down hole lengths are reported as true width is not known due to the Greenfields nature of drilling.”

QA/QC Disclosedpositive

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

Why it applies: The release details QA/QC procedures including ISO accredited lab and CRM re-assays.

Evidence · text

“ALS is an ISO accredited laboratory and is independent from the Company. All sampling was carried out under AuMEGA's sampling guidelines which adheres to industry best practice. All QA/QC data is reviewed by the Database Manager, Exploration Manager and/or Competent Person to ensure quality of assays; batches containing multiple Certified Reference Material (CRM) that report outside of two standard deviations from expected values are re-assayed. Any batches containing individual CRM's greater than three standard deviations from expected values are also re-assayed.”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Cut-off DisclosedRejected · positive · Story-specific tag

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Reason: The cut-off grade of 0.5 g/t Au is clearly stated for the reported interval.

Evidence · table

“0.5 g/t Au cut-off”

Context: Hole ID

CRD411Cape Ray West · goldGrade: 2.71Grade Unit: g/tIntercept: 1.1 mView all details

Link to this fact

Identity

Hole ID: CRD411
Project: Cape Ray West
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: AUM

Geometry

Grade: 2.71
Grade Unit: g/t
Intercept: 1.1 m
From: 235.7 m
To: 236.8 m
Hole Depth: 331 m
Intercept Depth: 235.7 m

Classification

Program: exploration
Sample Type: drill
Group ID: CRD411:235.7-236.8
Mining Method: open_pit

Location

Location: Z41
Easting: 356154
Northing: 5291108
CRS: NAD83, UTM Zone 21
Elevation: 335 m
Azimuth: 320 °
Dip: -65 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Laboratories
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards

Deleterious

Deleterious Flag: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-09-09T00:00:00.000Z

Reasoning: A narrow intercept of 1.1m at 2.71 g/t Au, which is a strong grade for open pit gold.

Negative factors

Narrow intercept

Evidence · table

“1.1m at 2.71g/t Au from 235.7m”

Context: CRD411

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Downhole lengths are reported as true width is not known due to the Greenfields nature of drilling.

Evidence · text

“down hole lengths are reported as true width is not known due to the Greenfields nature of drilling.”

QA/QC Disclosedpositive

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

Why it applies: The release details QA/QC procedures including ISO accredited lab and CRM re-assays.

Evidence · text

“ALS is an ISO accredited laboratory and is independent from the Company. All sampling was carried out under AuMEGA's sampling guidelines which adheres to industry best practice. All QA/QC data is reviewed by the Database Manager, Exploration Manager and/or Competent Person to ensure quality of assays; batches containing multiple Certified Reference Material (CRM) that report outside of two standard deviations from expected values are re-assayed. Any batches containing individual CRM's greater than three standard deviations from expected values are also re-assayed.”

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

CRD411Cape Ray West · goldGrade: 0.29Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: CRD411
Project: Cape Ray West
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: AUM

Geometry

Grade: 0.29
Grade Unit: g/t
Intercept: 1 m
From: 248 m
To: 249 m
Hole Depth: 331 m
Intercept Depth: 248 m

Classification

Program: exploration
Sample Type: drill
Group ID: CRD411:248-249
Mining Method: open_pit

Location

Location: Z41
Easting: 356154
Northing: 5291108
CRS: NAD83, UTM Zone 21
Elevation: 335 m
Azimuth: 320 °
Dip: -65 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Laboratories
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards

Deleterious

Deleterious Flag: No

Compositing

Cutoff Grade: 0.2
Cutoff Unit: g/t Au
Max Dilution: 4 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-09-09T00:00:00.000Z

Reasoning: A low-grade intercept of 0.29 g/t Au over 1.0m, which is below the weak threshold for open pit gold.

Negative factors

Below weak threshold for open pit gold

Evidence · table

“0.29”

Context: 248

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Downhole lengths are reported as true width is not known due to the Greenfields nature of drilling.

Evidence · text

“down hole lengths are reported as true width is not known due to the Greenfields nature of drilling.”

QA/QC Disclosedpositive

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

Why it applies: The release details QA/QC procedures including ISO accredited lab and CRM re-assays.

Evidence · text

“ALS is an ISO accredited laboratory and is independent from the Company. All sampling was carried out under AuMEGA's sampling guidelines which adheres to industry best practice. All QA/QC data is reviewed by the Database Manager, Exploration Manager and/or Competent Person to ensure quality of assays; batches containing multiple Certified Reference Material (CRM) that report outside of two standard deviations from expected values are re-assayed. Any batches containing individual CRM's greater than three standard deviations from expected values are also re-assayed.”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Cut-off DisclosedRejected · positive · Story-specific tag

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Reason: The cut-off grade of 0.2 g/t Au is clearly stated for the reported interval.

Evidence · table

“0.2 g/t Au cut-off”

Context: Hole ID

CRD411Cape Ray West · goldGrade: 0.75Grade Unit: g/tIntercept: 1.15 mView all details

Link to this fact

Identity

Hole ID: CRD411
Project: Cape Ray West
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: AUM

Geometry

Grade: 0.75
Grade Unit: g/t
Intercept: 1.15 m
From: 239 m
To: 240.15 m
Hole Depth: 331 m
Intercept Depth: 239 m

Classification

Program: exploration
Sample Type: drill
Group ID: CRD411:239-240.15
Mining Method: open_pit

Location

Location: Z41
Easting: 356154
Northing: 5291108
CRS: NAD83, UTM Zone 21
Elevation: 335 m
Azimuth: 320 °
Dip: -65 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Laboratories
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards

Deleterious

Deleterious Flag: No

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t Au
Max Dilution: 4 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-09-09T00:00:00.000Z

Reasoning: A narrow intercept of 1.15m at 0.75 g/t Au, which is a weak grade for open pit gold.

Negative factors

Narrow intercept

Evidence · table

“0.75”

Context: 239

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Downhole lengths are reported as true width is not known due to the Greenfields nature of drilling.

Evidence · text

“down hole lengths are reported as true width is not known due to the Greenfields nature of drilling.”

QA/QC Disclosedpositive

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

Why it applies: The release details QA/QC procedures including ISO accredited lab and CRM re-assays.

Evidence · text

“ALS is an ISO accredited laboratory and is independent from the Company. All sampling was carried out under AuMEGA's sampling guidelines which adheres to industry best practice. All QA/QC data is reviewed by the Database Manager, Exploration Manager and/or Competent Person to ensure quality of assays; batches containing multiple Certified Reference Material (CRM) that report outside of two standard deviations from expected values are re-assayed. Any batches containing individual CRM's greater than three standard deviations from expected values are also re-assayed.”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Cut-off DisclosedRejected · positive · Story-specific tag

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Reason: The cut-off grade of 0.5 g/t Au is clearly stated for the reported interval.

Evidence · table

“0.5 g/t Au cut-off”

Context: Hole ID

CRD411Cape Ray West · goldGrade: 0.32Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: CRD411
Project: Cape Ray West
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: AUM

Geometry

Grade: 0.32
Grade Unit: g/t
Intercept: 1 m
From: 251.25 m
To: 252.25 m
Hole Depth: 331 m
Intercept Depth: 251.25 m

Classification

Program: exploration
Sample Type: drill
Group ID: CRD411:251.25-252.25
Mining Method: open_pit

Location

Location: Z41
Easting: 356154
Northing: 5291108
CRS: NAD83, UTM Zone 21
Elevation: 335 m
Azimuth: 320 °
Dip: -65 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Laboratories
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards

Deleterious

Deleterious Flag: No

Compositing

Cutoff Grade: 0.2
Cutoff Unit: g/t Au
Max Dilution: 4 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-09-09T00:00:00.000Z

Reasoning: A low-grade intercept of 0.32 g/t Au over 1.0m, which is below the weak threshold for open pit gold.

Negative factors

Below weak threshold for open pit gold

Evidence · table

“0.32”

Context: 251.25

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Downhole lengths are reported as true width is not known due to the Greenfields nature of drilling.

Evidence · text

“down hole lengths are reported as true width is not known due to the Greenfields nature of drilling.”

QA/QC Disclosedpositive

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

Why it applies: The release details QA/QC procedures including ISO accredited lab and CRM re-assays.

Evidence · text

“ALS is an ISO accredited laboratory and is independent from the Company. All sampling was carried out under AuMEGA's sampling guidelines which adheres to industry best practice. All QA/QC data is reviewed by the Database Manager, Exploration Manager and/or Competent Person to ensure quality of assays; batches containing multiple Certified Reference Material (CRM) that report outside of two standard deviations from expected values are re-assayed. Any batches containing individual CRM's greater than three standard deviations from expected values are also re-assayed.”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Cut-off DisclosedRejected · positive · Story-specific tag

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Reason: The cut-off grade of 0.2 g/t Au is clearly stated for the reported interval.

Evidence · table

“0.2 g/t Au cut-off”

Context: Hole ID

CRD411Cape Ray West · goldGrade: 0.27Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: CRD411
Project: Cape Ray West
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: AUM

Geometry

Grade: 0.27
Grade Unit: g/t
Intercept: 1 m
From: 264 m
To: 265 m
Hole Depth: 331 m
Intercept Depth: 264 m

Classification

Program: exploration
Sample Type: drill
Group ID: CRD411:264-265
Mining Method: open_pit

Location

Location: Z41
Easting: 356154
Northing: 5291108
CRS: NAD83, UTM Zone 21
Elevation: 335 m
Azimuth: 320 °
Dip: -65 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Laboratories
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards

Deleterious

Deleterious Flag: No

Compositing

Cutoff Grade: 0.2
Cutoff Unit: g/t Au
Max Dilution: 4 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-09-09T00:00:00.000Z

Reasoning: A low-grade intercept of 0.27 g/t Au over 1.0m, which is below the weak threshold for open pit gold.

Negative factors

Below weak threshold for open pit gold

Evidence · table

“0.27”

Context: 264

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Downhole lengths are reported as true width is not known due to the Greenfields nature of drilling.

Evidence · text

“down hole lengths are reported as true width is not known due to the Greenfields nature of drilling.”

QA/QC Disclosedpositive

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

Why it applies: The release details QA/QC procedures including ISO accredited lab and CRM re-assays.

Evidence · text

“ALS is an ISO accredited laboratory and is independent from the Company. All sampling was carried out under AuMEGA's sampling guidelines which adheres to industry best practice. All QA/QC data is reviewed by the Database Manager, Exploration Manager and/or Competent Person to ensure quality of assays; batches containing multiple Certified Reference Material (CRM) that report outside of two standard deviations from expected values are re-assayed. Any batches containing individual CRM's greater than three standard deviations from expected values are also re-assayed.”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Cut-off DisclosedRejected · positive · Story-specific tag

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Reason: The cut-off grade of 0.2 g/t Au is clearly stated for the reported interval.

Evidence · table

“0.2 g/t Au cut-off”

Context: Hole ID

CRD411Cape Ray West · goldGrade: 0.97Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: CRD411
Project: Cape Ray West
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: AUM

Geometry

Grade: 0.97
Grade Unit: g/t
Intercept: 1 m
From: 269.5 m
To: 270.5 m
Hole Depth: 331 m
Intercept Depth: 269.5 m

Classification

Program: exploration
Sample Type: drill
Group ID: CRD411:269.5-270.5
Mining Method: open_pit

Location

Location: Z41
Easting: 356154
Northing: 5291108
CRS: NAD83, UTM Zone 21
Elevation: 335 m
Azimuth: 320 °
Dip: -65 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Laboratories
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards

Deleterious

Deleterious Flag: No

Compositing

Cutoff Grade: 0.2
Cutoff Unit: g/t Au
Max Dilution: 4 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-09-09T00:00:00.000Z

Reasoning: A narrow intercept of 1.0m at 0.97 g/t Au, which is below the weak threshold for open pit gold.

Negative factors

Narrow intercept

Evidence · table

“0.97”

Context: 269.5

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Downhole lengths are reported as true width is not known due to the Greenfields nature of drilling.

Evidence · text

“down hole lengths are reported as true width is not known due to the Greenfields nature of drilling.”

QA/QC Disclosedpositive

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

Why it applies: The release details QA/QC procedures including ISO accredited lab and CRM re-assays.

Evidence · text

“ALS is an ISO accredited laboratory and is independent from the Company. All sampling was carried out under AuMEGA's sampling guidelines which adheres to industry best practice. All QA/QC data is reviewed by the Database Manager, Exploration Manager and/or Competent Person to ensure quality of assays; batches containing multiple Certified Reference Material (CRM) that report outside of two standard deviations from expected values are re-assayed. Any batches containing individual CRM's greater than three standard deviations from expected values are also re-assayed.”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Cut-off DisclosedRejected · positive · Story-specific tag

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Reason: The cut-off grade of 0.2 g/t Au is clearly stated for the reported interval.

Evidence · table

“0.2 g/t Au cut-off”

Context: Hole ID

CRD411Cape Ray West · goldGrade: 0.26Grade Unit: g/tIntercept: 2.62 mView all details

Link to this fact

Identity

Hole ID: CRD411
Project: Cape Ray West
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: AUM

Geometry

Grade: 0.26
Grade Unit: g/t
Intercept: 2.62 m
From: 301.78 m
To: 304.4 m
Hole Depth: 331 m
Intercept Depth: 301.78 m

Classification

Program: exploration
Sample Type: drill
Group ID: CRD411:301.78-304.4
Mining Method: open_pit

Location

Location: Z41
Easting: 356154
Northing: 5291108
CRS: NAD83, UTM Zone 21
Elevation: 335 m
Azimuth: 320 °
Dip: -65 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Laboratories
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards

Deleterious

Deleterious Flag: No

Compositing

Cutoff Grade: 0.2
Cutoff Unit: g/t Au
Max Dilution: 4 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-09-09T00:00:00.000Z

Reasoning: A low-grade intercept of 0.26 g/t Au over 2.62m, which is below the weak threshold for open pit gold.

Negative factors

Below weak threshold for open pit gold

Evidence · table

“0.26”

Context: 301.78

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Downhole lengths are reported as true width is not known due to the Greenfields nature of drilling.

Evidence · text

“down hole lengths are reported as true width is not known due to the Greenfields nature of drilling.”

QA/QC Disclosedpositive

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

Why it applies: The release details QA/QC procedures including ISO accredited lab and CRM re-assays.

Evidence · text

“ALS is an ISO accredited laboratory and is independent from the Company. All sampling was carried out under AuMEGA's sampling guidelines which adheres to industry best practice. All QA/QC data is reviewed by the Database Manager, Exploration Manager and/or Competent Person to ensure quality of assays; batches containing multiple Certified Reference Material (CRM) that report outside of two standard deviations from expected values are re-assayed. Any batches containing individual CRM's greater than three standard deviations from expected values are also re-assayed.”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Cut-off DisclosedRejected · positive · Story-specific tag

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Reason: The cut-off grade of 0.2 g/t Au is clearly stated for the reported interval.

Evidence · table

“0.2 g/t Au cut-off”

Context: Hole ID

CRD412Cape Ray West · goldGrade: 0.78Grade Unit: g/tIntercept: 9 mView all details

Link to this fact

Identity

Hole ID: CRD412
Project: Cape Ray West
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: AUM

Geometry

Grade: 0.78
Grade Unit: g/t
Intercept: 9 m
From: 238.3 m
To: 247.3 m
Hole Depth: 418 m
Intercept Depth: 238.3 m

Classification

Program: exploration
Sample Type: drill
Group ID: CRD412:238.3-247.3
Mining Method: open_pit

Location

Location: Z04
Easting: 356304
Northing: 5291236
CRS: NAD83, UTM Zone 21
Elevation: 335 m
Azimuth: 322 °
Dip: -67 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Laboratories
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards

Deleterious

Deleterious Flag: No

Compositing

Cutoff Grade: 0.2
Cutoff Unit: g/t Au
Max Dilution: 4 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-09-09T00:00:00.000Z

Reasoning: A low-grade intercept of 0.78 g/t Au over 9.0m, which is below the weak threshold for open pit gold.

Negative factors

Below weak threshold for open pit gold

Evidence · table

“0.78”

Context: 238.3

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Downhole lengths are reported as true width is not known due to the Greenfields nature of drilling.

Evidence · text

“down hole lengths are reported as true width is not known due to the Greenfields nature of drilling.”

QA/QC Disclosedpositive

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

Why it applies: The release details QA/QC procedures including ISO accredited lab and CRM re-assays.

Evidence · text

“ALS is an ISO accredited laboratory and is independent from the Company. All sampling was carried out under AuMEGA's sampling guidelines which adheres to industry best practice. All QA/QC data is reviewed by the Database Manager, Exploration Manager and/or Competent Person to ensure quality of assays; batches containing multiple Certified Reference Material (CRM) that report outside of two standard deviations from expected values are re-assayed. Any batches containing individual CRM's greater than three standard deviations from expected values are also re-assayed.”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Cut-off DisclosedRejected · positive · Story-specific tag

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Reason: The cut-off grade of 0.2 g/t Au is clearly stated for the reported interval.

Evidence · table

“0.2 g/t Au cut-off”

Context: Hole ID

CRD412Cape Ray West · goldGrade: 0.8Grade Unit: g/tIntercept: 8.7 mView all details

Link to this fact

Identity

Hole ID: CRD412
Project: Cape Ray West
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: AUM

Geometry

Grade: 0.8
Grade Unit: g/t
Intercept: 8.7 m
From: 238.3 m
To: 247 m
Hole Depth: 418 m
Intercept Depth: 238.3 m

Classification

Program: exploration
Sample Type: drill
Group ID: CRD412:238.3-247
Mining Method: open_pit

Location

Location: Z04
Easting: 356304
Northing: 5291236
CRS: NAD83, UTM Zone 21
Elevation: 335 m
Azimuth: 322 °
Dip: -67 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Laboratories
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards

Deleterious

Deleterious Flag: No

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t Au
Max Dilution: 4 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-09-09T00:00:00.000Z

Reasoning: A low-grade intercept of 0.80 g/t Au over 8.7m, which is below the weak threshold for open pit gold.

Negative factors

Below weak threshold for open pit gold

Evidence · table

“0.80”

Context: 238.3

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Downhole lengths are reported as true width is not known due to the Greenfields nature of drilling.

Evidence · text

“down hole lengths are reported as true width is not known due to the Greenfields nature of drilling.”

QA/QC Disclosedpositive

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

Why it applies: The release details QA/QC procedures including ISO accredited lab and CRM re-assays.

Evidence · text

“ALS is an ISO accredited laboratory and is independent from the Company. All sampling was carried out under AuMEGA's sampling guidelines which adheres to industry best practice. All QA/QC data is reviewed by the Database Manager, Exploration Manager and/or Competent Person to ensure quality of assays; batches containing multiple Certified Reference Material (CRM) that report outside of two standard deviations from expected values are re-assayed. Any batches containing individual CRM's greater than three standard deviations from expected values are also re-assayed.”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Cut-off DisclosedRejected · positive · Story-specific tag

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Reason: The cut-off grade of 0.5 g/t Au is clearly stated for the reported interval.

Evidence · table

“0.5 g/t Au cut-off”

Context: Hole ID

CRD412Cape Ray West · goldGrade: 4.34Grade Unit: g/tIntercept: 0.7 mView all details

Link to this fact

Identity

Hole ID: CRD412
Project: Cape Ray West
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: AUM

Geometry

Grade: 4.34
Grade Unit: g/t
Intercept: 0.7 m
From: 238.3 m
To: 239 m
Hole Depth: 418 m
Intercept Depth: 238.3 m

Classification

Program: exploration
Sample Type: drill
Group ID: CRD412:238.3-239
Mining Method: open_pit

Location

Location: Z04
Easting: 356304
Northing: 5291236
CRS: NAD83, UTM Zone 21
Elevation: 335 m
Azimuth: 322 °
Dip: -67 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Laboratories
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards

Deleterious

Deleterious Flag: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-09-09T00:00:00.000Z

Reasoning: A very narrow intercept of 0.7m at 4.34 g/t Au, which is a strong grade for open pit gold.

Negative factors

Very narrow intercept

Evidence · table

“0.7m at 4.34g/t Au from 238.3m”

Context: CRD412

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Downhole lengths are reported as true width is not known due to the Greenfields nature of drilling.

Evidence · text

“down hole lengths are reported as true width is not known due to the Greenfields nature of drilling.”

QA/QC Disclosedpositive

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

Why it applies: The release details QA/QC procedures including ISO accredited lab and CRM re-assays.

Evidence · text

“ALS is an ISO accredited laboratory and is independent from the Company. All sampling was carried out under AuMEGA's sampling guidelines which adheres to industry best practice. All QA/QC data is reviewed by the Database Manager, Exploration Manager and/or Competent Person to ensure quality of assays; batches containing multiple Certified Reference Material (CRM) that report outside of two standard deviations from expected values are re-assayed. Any batches containing individual CRM's greater than three standard deviations from expected values are also re-assayed.”

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

CRD412Cape Ray West · goldGrade: 0.34Grade Unit: g/tIntercept: 4 mView all details

Link to this fact

Identity

Hole ID: CRD412
Project: Cape Ray West
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: AUM

Geometry

Grade: 0.34
Grade Unit: g/t
Intercept: 4 m
From: 256 m
To: 260 m
Hole Depth: 418 m
Intercept Depth: 256 m

Classification

Program: exploration
Sample Type: drill
Group ID: CRD412:256-260
Mining Method: open_pit

Location

Location: Z04
Easting: 356304
Northing: 5291236
CRS: NAD83, UTM Zone 21
Elevation: 335 m
Azimuth: 322 °
Dip: -67 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Laboratories
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards

Deleterious

Deleterious Flag: No

Compositing

Cutoff Grade: 0.2
Cutoff Unit: g/t Au
Max Dilution: 4 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-09-09T00:00:00.000Z

Reasoning: A low-grade intercept of 0.34 g/t Au over 4.0m, which is below the weak threshold for open pit gold.

Negative factors

Below weak threshold for open pit gold

Evidence · table

“0.34”

Context: 256

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Downhole lengths are reported as true width is not known due to the Greenfields nature of drilling.

Evidence · text

“down hole lengths are reported as true width is not known due to the Greenfields nature of drilling.”

QA/QC Disclosedpositive

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

Why it applies: The release details QA/QC procedures including ISO accredited lab and CRM re-assays.

Evidence · text

“ALS is an ISO accredited laboratory and is independent from the Company. All sampling was carried out under AuMEGA's sampling guidelines which adheres to industry best practice. All QA/QC data is reviewed by the Database Manager, Exploration Manager and/or Competent Person to ensure quality of assays; batches containing multiple Certified Reference Material (CRM) that report outside of two standard deviations from expected values are re-assayed. Any batches containing individual CRM's greater than three standard deviations from expected values are also re-assayed.”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Cut-off DisclosedRejected · positive · Story-specific tag

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Reason: The cut-off grade of 0.2 g/t Au is clearly stated for the reported interval.

Evidence · table

“0.2 g/t Au cut-off”

Context: Hole ID

CRD412Cape Ray West · goldGrade: 0.87Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: CRD412
Project: Cape Ray West
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: AUM

Geometry

Grade: 0.87
Grade Unit: g/t
Intercept: 1 m
From: 256 m
To: 257 m
Hole Depth: 418 m
Intercept Depth: 256 m

Classification

Program: exploration
Sample Type: drill
Group ID: CRD412:256-257
Mining Method: open_pit

Location

Location: Z04
Easting: 356304
Northing: 5291236
CRS: NAD83, UTM Zone 21
Elevation: 335 m
Azimuth: 322 °
Dip: -67 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Laboratories
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards

Deleterious

Deleterious Flag: No

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t Au
Max Dilution: 4 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-09-09T00:00:00.000Z

Reasoning: A narrow intercept of 1.0m at 0.87 g/t Au, which is a weak grade for open pit gold.

Negative factors

Narrow intercept

Evidence · table

“0.87”

Context: 256

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Downhole lengths are reported as true width is not known due to the Greenfields nature of drilling.

Evidence · text

“down hole lengths are reported as true width is not known due to the Greenfields nature of drilling.”

QA/QC Disclosedpositive

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

Why it applies: The release details QA/QC procedures including ISO accredited lab and CRM re-assays.

Evidence · text

“ALS is an ISO accredited laboratory and is independent from the Company. All sampling was carried out under AuMEGA's sampling guidelines which adheres to industry best practice. All QA/QC data is reviewed by the Database Manager, Exploration Manager and/or Competent Person to ensure quality of assays; batches containing multiple Certified Reference Material (CRM) that report outside of two standard deviations from expected values are re-assayed. Any batches containing individual CRM's greater than three standard deviations from expected values are also re-assayed.”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Cut-off DisclosedRejected · positive · Story-specific tag

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Reason: The cut-off grade of 0.5 g/t Au is clearly stated for the reported interval.

Evidence · table

“0.5 g/t Au cut-off”

Context: Hole ID

CRD412Cape Ray West · goldGrade: 1.07Grade Unit: g/tIntercept: 5 mView all details

Link to this fact

Identity

Hole ID: CRD412
Project: Cape Ray West
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: AUM

Geometry

Grade: 1.07
Grade Unit: g/t
Intercept: 5 m
From: 266 m
To: 271 m
Hole Depth: 418 m
Intercept Depth: 266 m

Classification

Program: exploration
Sample Type: drill
Group ID: CRD412:266-271
Mining Method: open_pit

Location

Location: Z04
Easting: 356304
Northing: 5291236
CRS: NAD83, UTM Zone 21
Elevation: 335 m
Azimuth: 322 °
Dip: -67 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Laboratories
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards

Deleterious

Deleterious Flag: No

Compositing

Cutoff Grade: 0.2
Cutoff Unit: g/t Au
Max Dilution: 4 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-09-09T00:00:00.000Z

Reasoning: A moderate grade intercept of 1.07 g/t Au over 5.0m, which is at the moderate threshold for open pit gold.

Evidence · table

“1.07”

Context: 266

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Downhole lengths are reported as true width is not known due to the Greenfields nature of drilling.

Evidence · text

“down hole lengths are reported as true width is not known due to the Greenfields nature of drilling.”

QA/QC Disclosedpositive

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

Why it applies: The release details QA/QC procedures including ISO accredited lab and CRM re-assays.

Evidence · text

“ALS is an ISO accredited laboratory and is independent from the Company. All sampling was carried out under AuMEGA's sampling guidelines which adheres to industry best practice. All QA/QC data is reviewed by the Database Manager, Exploration Manager and/or Competent Person to ensure quality of assays; batches containing multiple Certified Reference Material (CRM) that report outside of two standard deviations from expected values are re-assayed. Any batches containing individual CRM's greater than three standard deviations from expected values are also re-assayed.”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Cut-off DisclosedRejected · positive · Story-specific tag

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Reason: The cut-off grade of 0.2 g/t Au is clearly stated for the reported interval.

Evidence · table

“0.2 g/t Au cut-off”

Context: Hole ID

CRD412Cape Ray West · goldGrade: 1.23Grade Unit: g/tIntercept: 4 mView all details

Link to this fact

Identity

Hole ID: CRD412
Project: Cape Ray West
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: AUM

Geometry

Grade: 1.23
Grade Unit: g/t
Intercept: 4 m
From: 266 m
To: 270 m
Hole Depth: 418 m
Intercept Depth: 266 m

Classification

Program: exploration
Sample Type: drill
Group ID: CRD412:266-270
Mining Method: open_pit

Location

Location: Z04
Easting: 356304
Northing: 5291236
CRS: NAD83, UTM Zone 21
Elevation: 335 m
Azimuth: 322 °
Dip: -67 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Laboratories
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards

Deleterious

Deleterious Flag: No

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t Au
Max Dilution: 4 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-09-09T00:00:00.000Z

Reasoning: A moderate grade intercept of 1.23 g/t Au over 4.0m, which is at the moderate threshold for open pit gold.

Evidence · table

“1.23”

Context: 266

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Downhole lengths are reported as true width is not known due to the Greenfields nature of drilling.

Evidence · text

“down hole lengths are reported as true width is not known due to the Greenfields nature of drilling.”

QA/QC Disclosedpositive

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

Why it applies: The release details QA/QC procedures including ISO accredited lab and CRM re-assays.

Evidence · text

“ALS is an ISO accredited laboratory and is independent from the Company. All sampling was carried out under AuMEGA's sampling guidelines which adheres to industry best practice. All QA/QC data is reviewed by the Database Manager, Exploration Manager and/or Competent Person to ensure quality of assays; batches containing multiple Certified Reference Material (CRM) that report outside of two standard deviations from expected values are re-assayed. Any batches containing individual CRM's greater than three standard deviations from expected values are also re-assayed.”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Cut-off DisclosedRejected · positive · Story-specific tag

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Reason: The cut-off grade of 0.5 g/t Au is clearly stated for the reported interval.

Evidence · table

“0.5 g/t Au cut-off”

Context: Hole ID

CRD412Cape Ray West · goldGrade: 3.19Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: CRD412
Project: Cape Ray West
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: AUM

Geometry

Grade: 3.19
Grade Unit: g/t
Intercept: 1 m
From: 267 m
To: 268 m
Hole Depth: 418 m
Intercept Depth: 267 m

Classification

Program: exploration
Sample Type: drill
Group ID: CRD412:267-268
Mining Method: open_pit

Location

Location: Z04
Easting: 356304
Northing: 5291236
CRS: NAD83, UTM Zone 21
Elevation: 335 m
Azimuth: 322 °
Dip: -67 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Laboratories
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards

Deleterious

Deleterious Flag: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-09-09T00:00:00.000Z

Reasoning: A narrow intercept of 1.0m at 3.19 g/t Au, which is a strong grade for open pit gold.

Negative factors

Narrow intercept

Evidence · table

“1m at 3.19g/t Au from 267m”

Context: CRD412

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Downhole lengths are reported as true width is not known due to the Greenfields nature of drilling.

Evidence · text

“down hole lengths are reported as true width is not known due to the Greenfields nature of drilling.”

QA/QC Disclosedpositive

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

Why it applies: The release details QA/QC procedures including ISO accredited lab and CRM re-assays.

Evidence · text

“ALS is an ISO accredited laboratory and is independent from the Company. All sampling was carried out under AuMEGA's sampling guidelines which adheres to industry best practice. All QA/QC data is reviewed by the Database Manager, Exploration Manager and/or Competent Person to ensure quality of assays; batches containing multiple Certified Reference Material (CRM) that report outside of two standard deviations from expected values are re-assayed. Any batches containing individual CRM's greater than three standard deviations from expected values are also re-assayed.”

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

CRD412Cape Ray West · goldGrade: 1.18Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: CRD412
Project: Cape Ray West
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: AUM

Geometry

Grade: 1.18
Grade Unit: g/t
Intercept: 1 m
From: 276 m
To: 277 m
Hole Depth: 418 m
Intercept Depth: 276 m

Classification

Program: exploration
Sample Type: drill
Group ID: CRD412:276-277
Mining Method: open_pit

Location

Location: Z04
Easting: 356304
Northing: 5291236
CRS: NAD83, UTM Zone 21
Elevation: 335 m
Azimuth: 322 °
Dip: -67 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Laboratories
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards

Deleterious

Deleterious Flag: No

Compositing

Cutoff Grade: 0.2
Cutoff Unit: g/t Au
Max Dilution: 4 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-09-09T00:00:00.000Z

Reasoning: A narrow intercept of 1.0m at 1.18 g/t Au, which is a moderate grade for open pit gold.

Negative factors

Narrow intercept

Evidence · table

“1.18”

Context: 276

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Downhole lengths are reported as true width is not known due to the Greenfields nature of drilling.

Evidence · text

“down hole lengths are reported as true width is not known due to the Greenfields nature of drilling.”

QA/QC Disclosedpositive

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

Why it applies: The release details QA/QC procedures including ISO accredited lab and CRM re-assays.

Evidence · text

“ALS is an ISO accredited laboratory and is independent from the Company. All sampling was carried out under AuMEGA's sampling guidelines which adheres to industry best practice. All QA/QC data is reviewed by the Database Manager, Exploration Manager and/or Competent Person to ensure quality of assays; batches containing multiple Certified Reference Material (CRM) that report outside of two standard deviations from expected values are re-assayed. Any batches containing individual CRM's greater than three standard deviations from expected values are also re-assayed.”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Cut-off DisclosedRejected · positive · Story-specific tag

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Reason: The cut-off grade of 0.2 g/t Au is clearly stated for the reported interval.

Evidence · table

“0.2 g/t Au cut-off”

Context: Hole ID

CRD412Cape Ray West · goldGrade: 2.21Grade Unit: g/tIntercept: 0.63 mView all details

Link to this fact

Identity

Hole ID: CRD412
Project: Cape Ray West
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: AUM

Geometry

Grade: 2.21
Grade Unit: g/t
Intercept: 0.63 m
From: 295.2 m
To: 295.83 m
Hole Depth: 418 m
Intercept Depth: 295.2 m

Classification

Program: exploration
Sample Type: drill
Group ID: CRD412:295.2-295.83
Mining Method: open_pit

Location

Location: Z04
Easting: 356304
Northing: 5291236
CRS: NAD83, UTM Zone 21
Elevation: 335 m
Azimuth: 322 °
Dip: -67 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Laboratories
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards

Deleterious

Deleterious Flag: No

Compositing

Cutoff Grade: 0.2
Cutoff Unit: g/t Au
Max Dilution: 4 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-09-09T00:00:00.000Z

Reasoning: A very narrow intercept of 0.63m at 2.21 g/t Au, which is a strong grade but limited in width.

Negative factors

Very narrow intercept

Evidence · table

“2.21”

Context: 295.2

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Downhole lengths are reported as true width is not known due to the Greenfields nature of drilling.

Evidence · text

“down hole lengths are reported as true width is not known due to the Greenfields nature of drilling.”

QA/QC Disclosedpositive

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

Why it applies: The release details QA/QC procedures including ISO accredited lab and CRM re-assays.

Evidence · text

“ALS is an ISO accredited laboratory and is independent from the Company. All sampling was carried out under AuMEGA's sampling guidelines which adheres to industry best practice. All QA/QC data is reviewed by the Database Manager, Exploration Manager and/or Competent Person to ensure quality of assays; batches containing multiple Certified Reference Material (CRM) that report outside of two standard deviations from expected values are re-assayed. Any batches containing individual CRM's greater than three standard deviations from expected values are also re-assayed.”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Cut-off DisclosedRejected · positive · Story-specific tag

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Reason: The cut-off grade of 0.2 g/t Au is clearly stated for the reported interval.

Evidence · table

“0.2 g/t Au cut-off”

Context: Hole ID

CRD412Cape Ray West · goldGrade: 1.86Grade Unit: g/tIntercept: 13.5 mView all details

Link to this fact

Identity

Hole ID: CRD412
Project: Cape Ray West
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: AUM

Geometry

Grade: 1.86
Grade Unit: g/t
Intercept: 13.5 m
From: 340.5 m
To: 354 m
Hole Depth: 418 m
Intercept Depth: 340.5 m

Classification

Program: exploration
Sample Type: drill
Group ID: CRD412:340.5-354
Mining Method: open_pit

Location

Location: Z04
Easting: 356304
Northing: 5291236
CRS: NAD83, UTM Zone 21
Elevation: 335 m
Azimuth: 322 °
Dip: -67 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Laboratories
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards

Deleterious

Deleterious Flag: No

Compositing

Cutoff Grade: 0.2
Cutoff Unit: g/t Au
Max Dilution: 4 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-09-09T00:00:00.000Z

Reasoning: A strong intercept of 13.5m at 1.86 g/t Au, which is a moderate grade over a good width, extending mineralization down plunge of the Z04 deposit.

Positive factors

Strong grade-width product (25.11 g/t*m)
Extends mineralization down plunge

Evidence · table

“1.86”

Context: 340.5

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Downhole lengths are reported as true width is not known due to the Greenfields nature of drilling.

Evidence · text

“down hole lengths are reported as true width is not known due to the Greenfields nature of drilling.”

QA/QC Disclosedpositive

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

Why it applies: The release details QA/QC procedures including ISO accredited lab and CRM re-assays.

Evidence · text

“ALS is an ISO accredited laboratory and is independent from the Company. All sampling was carried out under AuMEGA's sampling guidelines which adheres to industry best practice. All QA/QC data is reviewed by the Database Manager, Exploration Manager and/or Competent Person to ensure quality of assays; batches containing multiple Certified Reference Material (CRM) that report outside of two standard deviations from expected values are re-assayed. Any batches containing individual CRM's greater than three standard deviations from expected values are also re-assayed.”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The intercept extends mineralization down plunge of the Z04 deposit.

Evidence · text

“extending mineralisation down plunge of the Z04 deposit at Central Zone”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Cut-off DisclosedRejected · positive · Story-specific tag

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Reason: The cut-off grade of 0.2 g/t Au is clearly stated for the reported interval.

Evidence · table

“0.2 g/t Au cut-off”

Context: Hole ID

CRD412Cape Ray West · goldGrade: 4.79Grade Unit: g/tIntercept: 0.85 mView all details

Link to this fact

Identity

Hole ID: CRD412
Project: Cape Ray West
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: AUM

Geometry

Grade: 4.79
Grade Unit: g/t
Intercept: 0.85 m
From: 344.75 m
To: 345.6 m
Hole Depth: 418 m
Intercept Depth: 344.75 m

Classification

Program: exploration
Sample Type: drill
Group ID: CRD412:344.75-345.6
Mining Method: open_pit

Location

Location: Z04
Easting: 356304
Northing: 5291236
CRS: NAD83, UTM Zone 21
Elevation: 335 m
Azimuth: 322 °
Dip: -67 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Laboratories
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards

Deleterious

Deleterious Flag: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-09-09T00:00:00.000Z

Reasoning: A very narrow but exceptionally high-grade intercept of 0.85m at 4.79 g/t Au, which is a strong grade for open pit gold.

Positive factors

Exceptional grade for open pit gold

Negative factors

Very narrow intercept

Evidence · table

“0.85m at 4.79g/t Au from 344.75m”

Context: CRD412

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Downhole lengths are reported as true width is not known due to the Greenfields nature of drilling.

Evidence · text

“down hole lengths are reported as true width is not known due to the Greenfields nature of drilling.”

QA/QC Disclosedpositive

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

Why it applies: The release details QA/QC procedures including ISO accredited lab and CRM re-assays.

Evidence · text

“ALS is an ISO accredited laboratory and is independent from the Company. All sampling was carried out under AuMEGA's sampling guidelines which adheres to industry best practice. All QA/QC data is reviewed by the Database Manager, Exploration Manager and/or Competent Person to ensure quality of assays; batches containing multiple Certified Reference Material (CRM) that report outside of two standard deviations from expected values are re-assayed. Any batches containing individual CRM's greater than three standard deviations from expected values are also re-assayed.”

Bonanza Interceptpositive

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

Why it applies: The grade of 4.79 g/t Au is near the exceptional threshold for open pit gold (5 g/t Au).

Evidence · table

“4.79g/t Au”

Context: CRD412

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

CRD412Cape Ray West · goldGrade: 0.2Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: CRD412
Project: Cape Ray West
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: AUM

Geometry

Grade: 0.2
Grade Unit: g/t
Intercept: 1 m
From: 369 m
To: 370 m
Hole Depth: 418 m
Intercept Depth: 369 m

Classification

Program: exploration
Sample Type: drill
Group ID: CRD412:369-370
Mining Method: open_pit

Location

Location: Z04
Easting: 356304
Northing: 5291236
CRS: NAD83, UTM Zone 21
Elevation: 335 m
Azimuth: 322 °
Dip: -67 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Laboratories
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards

Deleterious

Deleterious Flag: No

Compositing

Cutoff Grade: 0.2
Cutoff Unit: g/t Au
Max Dilution: 4 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-09-09T00:00:00.000Z

Reasoning: A low-grade intercept of 0.20 g/t Au over 1.0m, which is below the weak threshold for open pit gold.

Negative factors

Below weak threshold for open pit gold

Evidence · table

“0.20”

Context: 369

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Downhole lengths are reported as true width is not known due to the Greenfields nature of drilling.

Evidence · text

“down hole lengths are reported as true width is not known due to the Greenfields nature of drilling.”

QA/QC Disclosedpositive

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

Why it applies: The release details QA/QC procedures including ISO accredited lab and CRM re-assays.

Evidence · text

“ALS is an ISO accredited laboratory and is independent from the Company. All sampling was carried out under AuMEGA's sampling guidelines which adheres to industry best practice. All QA/QC data is reviewed by the Database Manager, Exploration Manager and/or Competent Person to ensure quality of assays; batches containing multiple Certified Reference Material (CRM) that report outside of two standard deviations from expected values are re-assayed. Any batches containing individual CRM's greater than three standard deviations from expected values are also re-assayed.”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Cut-off DisclosedRejected · positive · Story-specific tag

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Reason: The cut-off grade of 0.2 g/t Au is clearly stated for the reported interval.

Evidence · table

“0.2 g/t Au cut-off”

Context: Hole ID

Resource Estimates (2)

indicatedCape Ray Shear Zone · goldTonnes: 6100000Grade: 2.25Grade Unit: g/tContained Metal: 450000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details

Link to this fact

Identity

Project: Cape Ray Shear Zone
Commodity: gold
Region: canada_nl
Reported Region: Newfoundland and Labrador, Canada
Ticker: AUM

Resource scope

Estimate type: resource
Effective date: 2023-05-30T00:00:00.000Z
Reporting standards: jorc
QP Signed: Yes
Resource group id: resource:5befdd984e43489d8483

Resource Data

Category: indicated
Tonnes: 6100000
Grade: 2.25
Grade Unit: g/t
Contained Metal: 450000
Contained Unit: oz

Prior Estimate

Resource Date: 2023-05-30

Review

Needs Review: Yes
Review Reason: historical_restatement
Historical: Yes
Historical Source Date: 2023-05-30T00:00:00.000Z

Dates

Event date: 2025-09-09T00:00:00.000Z

Reasoning: This is a historical indicated resource estimate for gold, with moderate contained metal and grade. Its effective date is from 2023, making it stale, and no cut-off grade is disclosed.

Positive factors

Moderate contained metal for gold
Moderate resource grade

Negative factors

Estimate is historical
No cut-off grade disclosed

Evidence · text

“AuMEGA's Cape Ray Shear Zone hosts several dozen high potential targets along with its existing defined gold Mineral Resource of 6.1 million tonnes grading an average of 2.25 g/t, totaling 450,000 ounces of Indicated Resources”

Tags used in scoring

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: The effective date of the resource estimate is 2023-05-30, which is more than 2 years old.

Evidence · text

“News release dated 30 May 2023”

Historical Estimate Onlynegative

Estimate pre-dates or does not comply with current JORC/NI 43-101 standards — requires verification drilling.

Why it applies: The resource estimate is from a previous news release dated 30 May 2023.

Evidence · text

“News release dated 30 May 2023”

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: The resource estimate is referenced in previous JORC Table 1 releases.

Evidence · text

“referenced in previous JORC Table 1 releases”

QP/CP Signedpositive

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: The company confirms that the Competent Person's findings are presented without material modification from the original market announcement.

Evidence · text

“The Company confirms that the form and context in which the Competent Person's findings are presented have not been materially modified from the original market announcement.”

Indicated Resourcepositive

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

Why it applies: The resource is classified as Indicated Resources.

Evidence · text

“Indicated Resources”

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

No Cut-off UndisclosedRejected · negative · Story-specific tag

No canonical definition is currently available.

Reason: The cut-off grade for the resource estimate is not disclosed.

Evidence · text

“6.1 million tonnes grading an average of 2.25 g/t, totaling 450,000 ounces of Indicated Resources”

inferredCape Ray Shear Zone · goldTonnes: 3400000Grade: 1.44Grade Unit: g/tContained Metal: 160000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details

Link to this fact

Identity

Project: Cape Ray Shear Zone
Commodity: gold
Region: canada_nl
Reported Region: Newfoundland and Labrador, Canada
Ticker: AUM

Resource scope

Estimate type: resource
Effective date: 2023-05-30T00:00:00.000Z
Reporting standards: jorc
QP Signed: Yes
Resource group id: resource:80c02ccf85ec9ccc3f7a

Resource Data

Category: inferred
Tonnes: 3400000
Grade: 1.44
Grade Unit: g/t
Contained Metal: 160000
Contained Unit: oz

Prior Estimate

Resource Date: 2023-05-30

Review

Needs Review: Yes
Review Reason: historical_restatement
Historical: Yes
Historical Source Date: 2023-05-30T00:00:00.000Z

Dates

Event date: 2025-09-09T00:00:00.000Z

Reasoning: This is a historical inferred resource estimate for gold, with moderate contained metal and grade. Its effective date is from 2023, making it stale, and no cut-off grade is disclosed. The inferred category implies lower geological confidence.

Negative factors

Estimate is historical
No cut-off grade disclosed
Inferred resource category has low confidence

Evidence · text

“3.4 million tonnes grading an average of 1.44 g/t, totaling 160,000 ounces in Inferred Resources”

Tags used in scoring

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: The effective date of the resource estimate is 2023-05-30, which is more than 2 years old.

Evidence · text

“News release dated 30 May 2023”

Historical Estimate Onlynegative

Estimate pre-dates or does not comply with current JORC/NI 43-101 standards — requires verification drilling.

Why it applies: The resource estimate is from a previous news release dated 30 May 2023.

Evidence · text

“News release dated 30 May 2023”

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: The resource estimate is referenced in previous JORC Table 1 releases.

Evidence · text

“referenced in previous JORC Table 1 releases”

QP/CP Signedpositive

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: The company confirms that the Competent Person's findings are presented without material modification from the original market announcement.

Evidence · text

“The Company confirms that the form and context in which the Competent Person's findings are presented have not been materially modified from the original market announcement.”

Inferred Resourcenegative

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

Why it applies: The resource is classified as Inferred Resources.

Evidence · text

“Inferred Resources”

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

No Cut-off UndisclosedRejected · negative · Story-specific tag

No canonical definition is currently available.

Reason: The cut-off grade for the resource estimate is not disclosed.

Evidence · text

“3.4 million tonnes grading an average of 1.44 g/t, totaling 160,000 ounces in Inferred Resources”

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.