Avidian Subsidiary High Tide Resources to Begin Trading on the Canadian Securities Exchange on February 25, 2022
Original announcement by tmx on
- Company
- Avidian Gold Corp.
- Ticker
- AVG
- Exchange
- TSX
- Region
- Unavailable
- Primary commodity
- Unavailable
- Secondary commodities
- None reported
- Document categories
- Resource update, Other
- Extracted
- 2026-09-19 17:14:23 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Avidian Gold Corp. announced that its subsidiary, High Tide Resources Corp., will begin trading on the Canadian Securities Exchange (CSE) under the ticker 'HTRC' on February 25, 2022. The subsidiary focuses on the Labrador West Iron Project and the Lac Pegma copper-nickel-cobalt deposit.
Reasoning: Corporate announcement regarding the listing of a subsidiary on the Canadian Securities Exchange.
Positive factors
- Subsidiary High Tide Resources to begin trading on CSE
- Expansion of investment community access
Facts used in scoring: 2
Classification and evidence
Nearology Playneutral · Story-specific tag
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: The Labrador West Iron Project is noted as being proximal to the Carol Lake Mine.
Evidence · text
“High Tide is earning a 100% interest in the Labrador West Iron Project located adjacent to IOC/Rio Tinto's 23 mtpy Carol Lake Mine”
Extracted facts
Stored fact records: 2. Some facts used in scoring do not have a stored record.
Resource Estimates (2)
indicatedGolden Zone · goldTonnes: 4187000Grade: 1.99Grade Unit: g/tContained Metal: 267400Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Golden Zone
- Commodity
- gold
- Region
- usa_ak
- Reported Region
- Alaska
- Ticker
- AVG
Resource scope
- Estimate type
- resource
- Resource group id
- resource:65ba3b0484a24d81a96e
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
- Historical Source Date
- 2017-08-17T00:00:00.000Z
Dates
- Event date
- 2022-02-24T00:00:00.000Z
Reasoning: Historical resource data provided for context regarding the parent company's assets.
Evidence · text
“Avidian's Golden Zone project 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 Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.5 years before this release
inferredGolden Zone · goldTonnes: 1353000Grade: 0.83Grade Unit: g/tContained Metal: 35900Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Golden Zone
- Commodity
- gold
- Region
- usa_ak
- Reported Region
- Alaska
- Ticker
- AVG
Resource scope
- Estimate type
- resource
- Resource group id
- resource:c6a6879eae455f9fe978
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
- Historical Source Date
- 2017-08-17T00:00:00.000Z
Dates
- Event date
- 2022-02-24T00:00:00.000Z
Reasoning: Historical resource data provided for context regarding the parent company's assets.
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 Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.5 years before this release
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.