# Avidian Files Technical Report for the Jungo Gold-Copper Project in Nevada Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/avidian-files-technical-report-for-the-jungo-gold-copper-project-in-nevada--cc991bef-c5e6-4e68-8bed-6418f6c50ec3 Original source: https://money.tmx.com/en/quote/AVG/news/8026956773484883/avidian-files-technical-report-for-the-jungo-gold-copper-project-in-nevada Publisher: tmx Original announcement: 2022-03-17T13:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Avidian Gold Corp. - Ticker: AVG - Exchange: TSX - Region: Nevada - Primary commodity: Gold - Secondary commodities: Copper - Document categories: Resource update, Other - Extracted: 2026-09-19 17:12:26 UTC Narrative sentiment: 0.20 · Bullish ## Minestarters Atlas summary Avidian Gold Corp. has filed a technical report for its 100% owned Jungo Gold-Copper Project in Nevada. The report, prepared by MDA, summarizes exploration and provides recommendations for future drilling. Reasoning: The announcement is primarily a corporate update regarding the filing of a technical report. While it mentions resource figures for the Golden Zone property, the main subject is the Jungo project's technical report filing. - Positive factor: Technical report filed for Jungo project - Positive factor: Project is fully permitted and bonded - Positive factor: Near major deposits \(Hycroft and Sleeper\) Facts used in scoring: 2 ## Classification and evidence **Nearology Play** Polarity: neutral Story-specific tag Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: Project is located near the Hycroft Mine and Sleeper Deposit. Evidence · text > lies between the Hycroft Mine \(~15.3 Moz M&I AuEq\) to the southwest and the Sleeper Deposit \(~3.1 Moz M&I Au\) to the northeast. ## Extracted facts Stored fact records: 2. Some facts used in scoring do not have a stored record. ## Resource Estimates (2) ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/avidian-files-technical-report-for-the-jungo-gold-copper-project-in-nevada--cc991bef-c5e6-4e68-8bed-6418f6c50ec3#fact-resource-facts-0) Golden Zone · gold #### Identity - Project: Golden Zone - Commodity: gold - Region: usa\_ak - Reported Region: Alaska - Ticker: AVG #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - Resource group id: resource:897692c0df033a318096 - Mining method: open\_pit - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 4187000 - Grade: 1.99 - Grade Unit: g/t - Contained Metal: 267400 - Contained Unit: oz #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2022-03-17T00:00:00.000Z Reasoning: Indicated resource for the Golden Zone property mentioned in company overview. Evidence · text > hosts a NI 43-101 Indicated gold resource of 267,400 ounces \(4,187,000 tonnes at 1.99 g/t Au\) #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/avidian-files-technical-report-for-the-jungo-gold-copper-project-in-nevada--cc991bef-c5e6-4e68-8bed-6418f6c50ec3#fact-resource-facts-1) Golden Zone · gold #### Identity - Project: Golden Zone - Commodity: gold - Region: usa\_ak - Reported Region: Alaska - Ticker: AVG #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - Resource group id: resource:f251d8a3a716d9cf5a11 - Mining method: open\_pit - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 1353000 - Grade: 0.83 - Grade Unit: g/t - Contained Metal: 35900 - Contained Unit: oz #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2022-03-17T00:00:00.000Z Reasoning: Inferred resource for the Golden Zone property mentioned in company overview. Evidence · text > plus an Inferred gold resource of 35,900 ounces \(1,353,000 tonnes at 0.83 g/t Au\) #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.