# Avidian's Majority Controlled High Tide Resources Corp Options Clearcut Lithium Project in Quebec Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/avidian-s-majority-controlled-high-tide-resources-corp-options-clearcut-lithium--d5c085fb-b8e3-49f3-9fbf-ed0d051cf632 Original source: https://money.tmx.com/en/quote/AVG/news/8289831490610572/avidian-s-majority-controlled-high-tide-resources-corp-options-clearcut-lithium- Publisher: tmx Original announcement: 2022-07-19T11:15:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Avidian Gold Corp. - Ticker: AVG - Exchange: TSX - Region: Quebec - Primary commodity: Lithium - Secondary commodities: Gold, Copper, Nickel, Cobalt, Iron ore - Document categories: Resource update, Agreement transaction - Extracted: 2026-09-19 17:04:19 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary Avidian Gold Corp. announced that its majority-controlled subsidiary, High Tide Resources Corp, has entered into an option agreement to acquire 100% of the Clearcut Lithium Project in Quebec. This move provides Avidian shareholders with indirect exposure to the lithium market and diversifies High Tide's existing battery and iron metal portfolio. Reasoning: Avidian \(via its 33% stake in High Tide\) is gaining exposure to lithium through an option agreement for the Clearcut project, diversifying its gold-focused portfolio. - Positive factor: Strategic acquisition of lithium project for indirect exposure - Positive factor: Diversification into battery metals Facts used in scoring: 2 ## Classification and evidence **agreement\_transaction** Polarity: neutral Story-specific tag Definition: No canonical definition is currently available. Why it applies: The document announces an option purchase agreement for a 100% interest in the Clearcut Lithium Project. Evidence · text > High Tide Resources Corp \(CSE:HTRC\) has entered into an option purchase agreement to acquire a 100% interest in the Clearcut Lithium Project ## 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-s-majority-controlled-high-tide-resources-corp-options-clearcut-lithium--d5c085fb-b8e3-49f3-9fbf-ed0d051cf632#fact-resource-facts-0) Golden Zone · gold Historical result Needs review: historical\_restatement #### Identity - Project: Golden Zone - Commodity: gold - Region: usa\_ak - Reported Region: Alaska - Ticker: AVG #### Resource scope - Estimate type: resource - Resource group id: resource:b47b984e71aa399489d8 #### Resource Data - Category: indicated - Tonnes: 4187000 - Grade: 1.99 - Grade Unit: g/t - Contained Metal: 267400 - Contained Unit: oz #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes #### Dates - Event date: 2022-07-19T00:00:00.000Z Reasoning: Historical Indicated gold resource mentioned as part of company background. 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 **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-s-majority-controlled-high-tide-resources-corp-options-clearcut-lithium--d5c085fb-b8e3-49f3-9fbf-ed0d051cf632#fact-resource-facts-1) Golden Zone · gold Historical result Needs review: historical\_restatement #### Identity - Project: Golden Zone - Commodity: gold - Region: usa\_ak - Reported Region: Alaska - Ticker: AVG #### Resource scope - Estimate type: resource - Resource group id: resource:914f39e0fc4032525eba #### Resource Data - Category: inferred - Tonnes: 1353000 - Grade: 0.83 - Grade Unit: g/t - Contained Metal: 35900 - Contained Unit: oz #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes #### Dates - Event date: 2022-07-19T00:00:00.000Z Reasoning: Historical Inferred gold resource mentioned as part of company background. 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 **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.