Canadian GoldCamps Reports High-Grade Gold and Manganese-Enriched Iron Formation at Mercator

Original announcement by cse on

Company
Canadian GoldCamps Corp.
Ticker
CAMP
Exchange
CSE
Region
Québec
Primary commodity
Gold
Secondary commodities
Manganese, Copper, Arsenic
Document categories
Drill results, Other
Extracted
2026-09-22 16:48:31 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Canadian GoldCamps Corp. announced results from a quarter-core re-sampling program at its Mercator Gold Project in Québec, confirming high-grade gold intercepts including 2.05 g/t gold over 8.65 metres in hole MCT-22-08. The program also identified manganese-enriched iron formation (up to 1.96% Mn) and elevated copper (up to 240.5 ppm Cu) and arsenic, providing new exploration vectors. While the re-sampling generally yielded lower grades than the original 2022 assays, the company filed an independent NI 43-101 Technical Report recommending a C$4.895 million exploration program.

Reasoning: The announcement reports high-grade gold intercepts from a re-sampling program, confirming historical mineralization and providing new multi-element vectors. However, the re-sampling generally returned lower grades than the original, and no new drilling or economic assessment of critical minerals has been completed. The filing of a technical report provides project validation.

Positive factors

  • High-grade gold intercepts confirmed by re-sampling
  • Multi-element analysis provides new exploration vectors (manganese, copper, arsenic)
  • NI 43-101 Technical Report filed, providing project validation and future exploration recommendations
  • Detailed QA/QC disclosure and verification of sample chain of custody

Negative factors

  • Re-sampling results are generally lower than original 2022 half-core composites, indicating potential nugget effect or sampling bias
  • True widths are not known at this stage
  • No new drilling, only re-sampling of historical core
  • Economic significance of manganese or copper not yet assessed

Facts used in scoring: 13

Extracted facts

Stored fact records: 13. Some facts used in scoring do not have a stored record.

Drill Results (13)

MCT-22-08Mercator · goldGrade: 2.05Grade Unit: g/tIntercept: 8.65 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
MCT-22-08
Project
Mercator
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
CAMP

Geometry

Grade
2.05
Grade Unit
g/t
Intercept
8.65 m
From
55.6 m
To
64.6 m
Intercept Depth
55.6 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
MCT-22-08:55.6-64.6
Mining Method
underground

Location

Location
Meridian Zone
Loc. Source
document

QA/QC

Laboratory
IGS Impact Global Solutions Inc.
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2022-01-01T00:00:00.000Z

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: The intercept confirms high-grade gold in a historical hole, providing detailed resolution. However, the grade is lower than the original composite, and true width is unknown, limiting its immediate impact.

Positive factors

  • High-grade gold intercept confirmed by re-sampling
  • Detailed 25 cm sub-sampling provides better resolution of mineralization
  • Part of a data-verification program, increasing confidence in historical data

Negative factors

  • Re-sampling result is lower than the original 2022 half-core composite (2.62 g/t Au over 17.80 m)
  • True width not known
  • No new drilling, only re-sampling of historical core

Evidence · text

“The program returned 2.05 g/t gold over 8.65 metres in drill hole MCT-22-08”

Tags used in scoring

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Rejected tags

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

QA/QC DisclosedRejected · positive

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

Reason: The release details QA/QC procedures including certified lab, QP sign-off, standards, blanks, and duplicates.

Evidence · text

“The 111 sub-samples were collected on April 28, 2026 from holes MCT-22-08 (55 samples, of which 30 were submitted under interim bag numbers and subsequently repositioned at 55.60–62.95 m from their 2022 sample tags), MCT-22-11 (35 samples) and MCT-22-03 (19 samples), plus two small samples of cutting rejects that carry no position and are excluded from all composites. Samples were submitted to IGS Impact Global Solutions Inc. (“IGS”), an independent commercial laboratory in Delson, Québec operating an ISO-grade quality-management system. Gold was determined by lead-collection fire assay on a 40 g charge with an ICP-OES finish under IGS procedure FC-MP-SAA/ICP, with gravimetric finish (FA-GRAV-Au) available for high-grade samples and a reported detection limit of 0.006 ppm Au (certificate CA-CAMP-LA-2026-01, May 22, 2026). The laboratory inserted one certified reference material (Oreas 236, certified value 1.85 ppm Au), one preparation blank and one replicate per fire-assay batch, for six of each across the run. All six CRMs returned recoveries between 97.1% and 105.4% of the certified value (mean 101.5%), within 2σ of the certificate. All six blanks returned gold below the reportable detection limit (<0.006 ppm Au). Replicate analyses, including the 6.77 g/t Au sample 22-011-14 (replicate 6.99 g/t Au, RPD 3%), showed the reproducibility expected of a system known to host centimetre-scale high-grade bands and visible gold; relative differences of 28–40% on three lower-grade pairs are consistent with that nugget effect. The Company has verified the sample chain of custody and the analytical certificate, and the results are summarized in Section 12 and Appendix III of the Technical Report.”

Apparent Width OnlyRejected · negative

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

Reason: The document explicitly states that 'true widths are not known at this stage'.

Evidence · text

“Intervals are core lengths; true widths are not known at this stage.”
MCT-22-08Mercator · goldGrade: 15.46Grade Unit: g/tIntercept: 0.2 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
MCT-22-08
Project
Mercator
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
CAMP

Geometry

Grade
15.46
Grade Unit
g/t
Intercept
0.2 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
MCT-22-08:61.95-62.95
Mining Method
underground

Location

Location
Meridian Zone
Loc. Source
document

QA/QC

Laboratory
IGS Impact Global Solutions Inc.
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2022-01-01T00:00:00.000Z

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: A very high-grade gold intercept, even if narrow, is a strong positive signal for the presence of bonanza zones within the system, confirming the potential for high-grade mineralization.

Positive factors

  • Bonanza grade gold intercept confirmed by re-sampling
  • Highlights the high-grade nature of the mineralization at a fine scale
  • Provides sharper vectors for future drilling

Negative factors

  • Very narrow intercept length
  • True width not known
  • No new drilling, only re-sampling of historical core

Evidence · text

“including a peak value of 15.46 g/t gold over 0.20 metre.”

Tags used in scoring

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Rejected tags

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

Bonanza InterceptRejected · positive

Exceptionally high-grade zone, well above the deposit-type norm.

Reason: The intercept of 15.46 g/t gold over 0.20 m is exceptionally high-grade for gold.

Evidence · text

“15.46 g/t gold over 0.20 metre”

QA/QC DisclosedRejected · positive

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

Reason: The release details QA/QC procedures including certified lab, QP sign-off, standards, blanks, and duplicates.

Evidence · text

“The 111 sub-samples were collected on April 28, 2026 from holes MCT-22-08 (55 samples, of which 30 were submitted under interim bag numbers and subsequently repositioned at 55.60–62.95 m from their 2022 sample tags), MCT-22-11 (35 samples) and MCT-22-03 (19 samples), plus two small samples of cutting rejects that carry no position and are excluded from all composites. Samples were submitted to IGS Impact Global Solutions Inc. (“IGS”), an independent commercial laboratory in Delson, Québec operating an ISO-grade quality-management system. Gold was determined by lead-collection fire assay on a 40 g charge with an ICP-OES finish under IGS procedure FC-MP-SAA/ICP, with gravimetric finish (FA-GRAV-Au) available for high-grade samples and a reported detection limit of 0.006 ppm Au (certificate CA-CAMP-LA-2026-01, May 22, 2026). The laboratory inserted one certified reference material (Oreas 236, certified value 1.85 ppm Au), one preparation blank and one replicate per fire-assay batch, for six of each across the run. All six CRMs returned recoveries between 97.1% and 105.4% of the certified value (mean 101.5%), within 2σ of the certificate. All six blanks returned gold below the reportable detection limit (<0.006 ppm Au). Replicate analyses, including the 6.77 g/t Au sample 22-011-14 (replicate 6.99 g/t Au, RPD 3%), showed the reproducibility expected of a system known to host centimetre-scale high-grade bands and visible gold; relative differences of 28–40% on three lower-grade pairs are consistent with that nugget effect. The Company has verified the sample chain of custody and the analytical certificate, and the results are summarized in Section 12 and Appendix III of the Technical Report.”

Apparent Width OnlyRejected · negative

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

Reason: The document explicitly states that 'true widths are not known at this stage'.

Evidence · text

“Intervals are core lengths; true widths are not known at this stage.”
MCT-22-08Mercator · goldGrade: 4.64Grade Unit: g/tIntercept: 1 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
MCT-22-08
Project
Mercator
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
CAMP

Geometry

Grade
4.64
Grade Unit
g/t
Intercept
1 m
From
57.55 m
To
58.55 m
Intercept Depth
57.55 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
MCT-22-08:57.55-58.55
Mining Method
underground

Location

Location
Meridian Zone
Loc. Source
document

QA/QC

Laboratory
IGS Impact Global Solutions Inc.
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2022-01-01T00:00:00.000Z

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: A strong gold intercept within a broader zone, confirming the presence of significant mineralization at a finer scale.

Positive factors

  • High-grade gold intercept confirmed by re-sampling
  • Provides detailed resolution of mineralization within the composite

Negative factors

  • True width not known
  • No new drilling, only re-sampling of historical core

Evidence · table

“4.64”

Context: 4.64 g/t Au over 1.00 m (57.55–58.55 m)

Tags used in scoring

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Rejected tags

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

QA/QC DisclosedRejected · positive

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

Reason: The release details QA/QC procedures including certified lab, QP sign-off, standards, blanks, and duplicates.

Evidence · text

“The 111 sub-samples were collected on April 28, 2026 from holes MCT-22-08 (55 samples, of which 30 were submitted under interim bag numbers and subsequently repositioned at 55.60–62.95 m from their 2022 sample tags), MCT-22-11 (35 samples) and MCT-22-03 (19 samples), plus two small samples of cutting rejects that carry no position and are excluded from all composites. Samples were submitted to IGS Impact Global Solutions Inc. (“IGS”), an independent commercial laboratory in Delson, Québec operating an ISO-grade quality-management system. Gold was determined by lead-collection fire assay on a 40 g charge with an ICP-OES finish under IGS procedure FC-MP-SAA/ICP, with gravimetric finish (FA-GRAV-Au) available for high-grade samples and a reported detection limit of 0.006 ppm Au (certificate CA-CAMP-LA-2026-01, May 22, 2026). The laboratory inserted one certified reference material (Oreas 236, certified value 1.85 ppm Au), one preparation blank and one replicate per fire-assay batch, for six of each across the run. All six CRMs returned recoveries between 97.1% and 105.4% of the certified value (mean 101.5%), within 2σ of the certificate. All six blanks returned gold below the reportable detection limit (<0.006 ppm Au). Replicate analyses, including the 6.77 g/t Au sample 22-011-14 (replicate 6.99 g/t Au, RPD 3%), showed the reproducibility expected of a system known to host centimetre-scale high-grade bands and visible gold; relative differences of 28–40% on three lower-grade pairs are consistent with that nugget effect. The Company has verified the sample chain of custody and the analytical certificate, and the results are summarized in Section 12 and Appendix III of the Technical Report.”

Apparent Width OnlyRejected · negative

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

Reason: The document explicitly states that 'true widths are not known at this stage'.

Evidence · text

“Intervals are core lengths; true widths are not known at this stage.”
MCT-22-08Mercator · goldGrade: 8.53Grade Unit: g/tIntercept: 0.25 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
MCT-22-08
Project
Mercator
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
CAMP

Geometry

Grade
8.53
Grade Unit
g/t
Intercept
0.25 m
From
59.55 m
To
59.8 m
Intercept Depth
59.55 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
MCT-22-08:59.55-59.8
Mining Method
underground

Location

Location
Meridian Zone
Loc. Source
document

QA/QC

Laboratory
IGS Impact Global Solutions Inc.
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2022-01-01T00:00:00.000Z

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: A very strong gold intercept, even if narrow, further confirms the high-grade nature of the mineralization at a fine scale.

Positive factors

  • High-grade gold intercept confirmed by re-sampling
  • Provides detailed resolution of mineralization within the composite

Negative factors

  • Very narrow intercept length
  • True width not known
  • No new drilling, only re-sampling of historical core

Evidence · table

“8.53”

Context: 8.53 g/t Au over 0.25 m (59.55–59.80 m)

Tags used in scoring

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Rejected tags

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

QA/QC DisclosedRejected · positive

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

Reason: The release details QA/QC procedures including certified lab, QP sign-off, standards, blanks, and duplicates.

Evidence · text

“The 111 sub-samples were collected on April 28, 2026 from holes MCT-22-08 (55 samples, of which 30 were submitted under interim bag numbers and subsequently repositioned at 55.60–62.95 m from their 2022 sample tags), MCT-22-11 (35 samples) and MCT-22-03 (19 samples), plus two small samples of cutting rejects that carry no position and are excluded from all composites. Samples were submitted to IGS Impact Global Solutions Inc. (“IGS”), an independent commercial laboratory in Delson, Québec operating an ISO-grade quality-management system. Gold was determined by lead-collection fire assay on a 40 g charge with an ICP-OES finish under IGS procedure FC-MP-SAA/ICP, with gravimetric finish (FA-GRAV-Au) available for high-grade samples and a reported detection limit of 0.006 ppm Au (certificate CA-CAMP-LA-2026-01, May 22, 2026). The laboratory inserted one certified reference material (Oreas 236, certified value 1.85 ppm Au), one preparation blank and one replicate per fire-assay batch, for six of each across the run. All six CRMs returned recoveries between 97.1% and 105.4% of the certified value (mean 101.5%), within 2σ of the certificate. All six blanks returned gold below the reportable detection limit (<0.006 ppm Au). Replicate analyses, including the 6.77 g/t Au sample 22-011-14 (replicate 6.99 g/t Au, RPD 3%), showed the reproducibility expected of a system known to host centimetre-scale high-grade bands and visible gold; relative differences of 28–40% on three lower-grade pairs are consistent with that nugget effect. The Company has verified the sample chain of custody and the analytical certificate, and the results are summarized in Section 12 and Appendix III of the Technical Report.”

Apparent Width OnlyRejected · negative

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

Reason: The document explicitly states that 'true widths are not known at this stage'.

Evidence · text

“Intervals are core lengths; true widths are not known at this stage.”
MCT-22-08Mercator · goldGrade: 4.51Grade Unit: g/tIntercept: 1 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
MCT-22-08
Project
Mercator
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
CAMP

Geometry

Grade
4.51
Grade Unit
g/t
Intercept
1 m
From
61.95 m
To
62.95 m
Intercept Depth
61.95 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
MCT-22-08:61.95-62.95
Mining Method
underground

Location

Location
Meridian Zone
Loc. Source
document

QA/QC

Laboratory
IGS Impact Global Solutions Inc.
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2022-01-01T00:00:00.000Z

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: A strong gold intercept within a broader zone, confirming the presence of significant mineralization at a finer scale.

Positive factors

  • High-grade gold intercept confirmed by re-sampling
  • Provides detailed resolution of mineralization within the composite

Negative factors

  • True width not known
  • No new drilling, only re-sampling of historical core

Evidence · table

“4.51”

Context: 4.51 g/t Au over 1.00 m (61.95–62.95 m)

Tags used in scoring

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Rejected tags

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

QA/QC DisclosedRejected · positive

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

Reason: The release details QA/QC procedures including certified lab, QP sign-off, standards, blanks, and duplicates.

Evidence · text

“The 111 sub-samples were collected on April 28, 2026 from holes MCT-22-08 (55 samples, of which 30 were submitted under interim bag numbers and subsequently repositioned at 55.60–62.95 m from their 2022 sample tags), MCT-22-11 (35 samples) and MCT-22-03 (19 samples), plus two small samples of cutting rejects that carry no position and are excluded from all composites. Samples were submitted to IGS Impact Global Solutions Inc. (“IGS”), an independent commercial laboratory in Delson, Québec operating an ISO-grade quality-management system. Gold was determined by lead-collection fire assay on a 40 g charge with an ICP-OES finish under IGS procedure FC-MP-SAA/ICP, with gravimetric finish (FA-GRAV-Au) available for high-grade samples and a reported detection limit of 0.006 ppm Au (certificate CA-CAMP-LA-2026-01, May 22, 2026). The laboratory inserted one certified reference material (Oreas 236, certified value 1.85 ppm Au), one preparation blank and one replicate per fire-assay batch, for six of each across the run. All six CRMs returned recoveries between 97.1% and 105.4% of the certified value (mean 101.5%), within 2σ of the certificate. All six blanks returned gold below the reportable detection limit (<0.006 ppm Au). Replicate analyses, including the 6.77 g/t Au sample 22-011-14 (replicate 6.99 g/t Au, RPD 3%), showed the reproducibility expected of a system known to host centimetre-scale high-grade bands and visible gold; relative differences of 28–40% on three lower-grade pairs are consistent with that nugget effect. The Company has verified the sample chain of custody and the analytical certificate, and the results are summarized in Section 12 and Appendix III of the Technical Report.”

Apparent Width OnlyRejected · negative

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

Reason: The document explicitly states that 'true widths are not known at this stage'.

Evidence · text

“Intervals are core lengths; true widths are not known at this stage.”
MCT-22-08Mercator · goldGrade: 0.65Grade Unit: g/tIntercept: 4.35 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
MCT-22-08
Project
Mercator
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
CAMP

Geometry

Grade
0.65
Grade Unit
g/t
Intercept
4.35 m
From
47.05 m
To
51.4 m
Intercept Depth
47.05 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
MCT-22-08:47.05-51.4
Mining Method
underground

Location

Location
Meridian Zone
Loc. Source
document

QA/QC

Laboratory
IGS Impact Global Solutions Inc.
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2022-01-01T00:00:00.000Z

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: A moderate grade intercept confirming mineralization, but not as significant as other reported results.

Positive factors

  • Confirms gold mineralization in the upper part of the hole

Negative factors

  • Lower grade compared to other intercepts
  • True width not known
  • No new drilling, only re-sampling of historical core

Evidence · table

“0.65”

Context: 0.65

Tags used in scoring

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Rejected tags

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

QA/QC DisclosedRejected · positive

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

Reason: The release details QA/QC procedures including certified lab, QP sign-off, standards, blanks, and duplicates.

Evidence · text

“The 111 sub-samples were collected on April 28, 2026 from holes MCT-22-08 (55 samples, of which 30 were submitted under interim bag numbers and subsequently repositioned at 55.60–62.95 m from their 2022 sample tags), MCT-22-11 (35 samples) and MCT-22-03 (19 samples), plus two small samples of cutting rejects that carry no position and are excluded from all composites. Samples were submitted to IGS Impact Global Solutions Inc. (“IGS”), an independent commercial laboratory in Delson, Québec operating an ISO-grade quality-management system. Gold was determined by lead-collection fire assay on a 40 g charge with an ICP-OES finish under IGS procedure FC-MP-SAA/ICP, with gravimetric finish (FA-GRAV-Au) available for high-grade samples and a reported detection limit of 0.006 ppm Au (certificate CA-CAMP-LA-2026-01, May 22, 2026). The laboratory inserted one certified reference material (Oreas 236, certified value 1.85 ppm Au), one preparation blank and one replicate per fire-assay batch, for six of each across the run. All six CRMs returned recoveries between 97.1% and 105.4% of the certified value (mean 101.5%), within 2σ of the certificate. All six blanks returned gold below the reportable detection limit (<0.006 ppm Au). Replicate analyses, including the 6.77 g/t Au sample 22-011-14 (replicate 6.99 g/t Au, RPD 3%), showed the reproducibility expected of a system known to host centimetre-scale high-grade bands and visible gold; relative differences of 28–40% on three lower-grade pairs are consistent with that nugget effect. The Company has verified the sample chain of custody and the analytical certificate, and the results are summarized in Section 12 and Appendix III of the Technical Report.”

Apparent Width OnlyRejected · negative

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

Reason: The document explicitly states that 'true widths are not known at this stage'.

Evidence · text

“Intervals are core lengths; true widths are not known at this stage.”
MCT-22-08Mercator · goldGrade: 1.58Grade Unit: g/tIntercept: 13 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
MCT-22-08
Project
Mercator
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
CAMP

Geometry

Grade
1.58
Grade Unit
g/t
Intercept
13 m
From
47.05 m
To
64.6 m
Intercept Depth
47.05 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
MCT-22-08:47.05-64.6
Mining Method
underground

Location

Location
Meridian Zone
Loc. Source
document

QA/QC

Laboratory
IGS Impact Global Solutions Inc.
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2022-01-01T00:00:00.000Z

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: A long intercept confirming mineralization, but the grade is lower than the original composite, indicating potential nugget effect or sampling bias.

Positive factors

  • Confirms gold mineralization over a significant length in a historical hole
  • Provides detailed resolution of mineralization within the composite

Negative factors

  • Lower grade compared to the original 2022 half-core composite (2.62 g/t Au over 17.80 m)
  • True width not known
  • No new drilling, only re-sampling of historical core

Evidence · table

“1.58”

Context: 1.58

Tags used in scoring

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Rejected tags

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

QA/QC DisclosedRejected · positive

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

Reason: The release details QA/QC procedures including certified lab, QP sign-off, standards, blanks, and duplicates.

Evidence · text

“The 111 sub-samples were collected on April 28, 2026 from holes MCT-22-08 (55 samples, of which 30 were submitted under interim bag numbers and subsequently repositioned at 55.60–62.95 m from their 2022 sample tags), MCT-22-11 (35 samples) and MCT-22-03 (19 samples), plus two small samples of cutting rejects that carry no position and are excluded from all composites. Samples were submitted to IGS Impact Global Solutions Inc. (“IGS”), an independent commercial laboratory in Delson, Québec operating an ISO-grade quality-management system. Gold was determined by lead-collection fire assay on a 40 g charge with an ICP-OES finish under IGS procedure FC-MP-SAA/ICP, with gravimetric finish (FA-GRAV-Au) available for high-grade samples and a reported detection limit of 0.006 ppm Au (certificate CA-CAMP-LA-2026-01, May 22, 2026). The laboratory inserted one certified reference material (Oreas 236, certified value 1.85 ppm Au), one preparation blank and one replicate per fire-assay batch, for six of each across the run. All six CRMs returned recoveries between 97.1% and 105.4% of the certified value (mean 101.5%), within 2σ of the certificate. All six blanks returned gold below the reportable detection limit (<0.006 ppm Au). Replicate analyses, including the 6.77 g/t Au sample 22-011-14 (replicate 6.99 g/t Au, RPD 3%), showed the reproducibility expected of a system known to host centimetre-scale high-grade bands and visible gold; relative differences of 28–40% on three lower-grade pairs are consistent with that nugget effect. The Company has verified the sample chain of custody and the analytical certificate, and the results are summarized in Section 12 and Appendix III of the Technical Report.”

Apparent Width OnlyRejected · negative

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

Reason: The document explicitly states that 'true widths are not known at this stage'.

Evidence · text

“Intervals are core lengths; true widths are not known at this stage.”
MCT-22-11Mercator · goldGrade: 1.35Grade Unit: g/tIntercept: 4.55 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
MCT-22-11
Project
Mercator
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
CAMP

Geometry

Grade
1.35
Grade Unit
g/t
Intercept
4.55 m
From
103 m
To
107.55 m
Intercept Depth
103 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
MCT-22-11:103-107.55
Mining Method
underground

Location

Location
Meridian Zone
Loc. Source
document

QA/QC

Laboratory
IGS Impact Global Solutions Inc.
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2022-01-01T00:00:00.000Z

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: A moderate grade intercept confirming mineralization, with a high-grade component, but true width is unknown.

Positive factors

  • Confirms gold mineralization in a historical hole
  • Includes a high-grade sub-interval (6.77 g/t Au over 0.25 m)

Negative factors

  • True width not known
  • No new drilling, only re-sampling of historical core

Evidence · table

“1.35”

Context: 1.35

Tags used in scoring

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Rejected tags

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

QA/QC DisclosedRejected · positive

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

Reason: The release details QA/QC procedures including certified lab, QP sign-off, standards, blanks, and duplicates.

Evidence · text

“The 111 sub-samples were collected on April 28, 2026 from holes MCT-22-08 (55 samples, of which 30 were submitted under interim bag numbers and subsequently repositioned at 55.60–62.95 m from their 2022 sample tags), MCT-22-11 (35 samples) and MCT-22-03 (19 samples), plus two small samples of cutting rejects that carry no position and are excluded from all composites. Samples were submitted to IGS Impact Global Solutions Inc. (“IGS”), an independent commercial laboratory in Delson, Québec operating an ISO-grade quality-management system. Gold was determined by lead-collection fire assay on a 40 g charge with an ICP-OES finish under IGS procedure FC-MP-SAA/ICP, with gravimetric finish (FA-GRAV-Au) available for high-grade samples and a reported detection limit of 0.006 ppm Au (certificate CA-CAMP-LA-2026-01, May 22, 2026). The laboratory inserted one certified reference material (Oreas 236, certified value 1.85 ppm Au), one preparation blank and one replicate per fire-assay batch, for six of each across the run. All six CRMs returned recoveries between 97.1% and 105.4% of the certified value (mean 101.5%), within 2σ of the certificate. All six blanks returned gold below the reportable detection limit (<0.006 ppm Au). Replicate analyses, including the 6.77 g/t Au sample 22-011-14 (replicate 6.99 g/t Au, RPD 3%), showed the reproducibility expected of a system known to host centimetre-scale high-grade bands and visible gold; relative differences of 28–40% on three lower-grade pairs are consistent with that nugget effect. The Company has verified the sample chain of custody and the analytical certificate, and the results are summarized in Section 12 and Appendix III of the Technical Report.”

Apparent Width OnlyRejected · negative

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

Reason: The document explicitly states that 'true widths are not known at this stage'.

Evidence · text

“Intervals are core lengths; true widths are not known at this stage.”
MCT-22-11Mercator · goldGrade: 0.95Grade Unit: g/tIntercept: 4.3 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
MCT-22-11
Project
Mercator
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
CAMP

Geometry

Grade
0.95
Grade Unit
g/t
Intercept
4.3 m
From
188.5 m
To
192.8 m
Intercept Depth
188.5 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
MCT-22-11:188.5-192.8
Mining Method
underground

Location

Location
Meridian Zone
Loc. Source
document

QA/QC

Laboratory
IGS Impact Global Solutions Inc.
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2022-01-01T00:00:00.000Z

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: A moderate grade intercept confirming mineralization, with a high-grade component, but true width is unknown.

Positive factors

  • Confirms gold mineralization in a historical hole
  • Includes a high-grade sub-interval (6.30 g/t Au over 0.25 m)

Negative factors

  • Lower grade compared to other intercepts
  • True width not known
  • No new drilling, only re-sampling of historical core

Evidence · table

“0.95”

Context: 0.95

Tags used in scoring

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Rejected tags

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

QA/QC DisclosedRejected · positive

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

Reason: The release details QA/QC procedures including certified lab, QP sign-off, standards, blanks, and duplicates.

Evidence · text

“The 111 sub-samples were collected on April 28, 2026 from holes MCT-22-08 (55 samples, of which 30 were submitted under interim bag numbers and subsequently repositioned at 55.60–62.95 m from their 2022 sample tags), MCT-22-11 (35 samples) and MCT-22-03 (19 samples), plus two small samples of cutting rejects that carry no position and are excluded from all composites. Samples were submitted to IGS Impact Global Solutions Inc. (“IGS”), an independent commercial laboratory in Delson, Québec operating an ISO-grade quality-management system. Gold was determined by lead-collection fire assay on a 40 g charge with an ICP-OES finish under IGS procedure FC-MP-SAA/ICP, with gravimetric finish (FA-GRAV-Au) available for high-grade samples and a reported detection limit of 0.006 ppm Au (certificate CA-CAMP-LA-2026-01, May 22, 2026). The laboratory inserted one certified reference material (Oreas 236, certified value 1.85 ppm Au), one preparation blank and one replicate per fire-assay batch, for six of each across the run. All six CRMs returned recoveries between 97.1% and 105.4% of the certified value (mean 101.5%), within 2σ of the certificate. All six blanks returned gold below the reportable detection limit (<0.006 ppm Au). Replicate analyses, including the 6.77 g/t Au sample 22-011-14 (replicate 6.99 g/t Au, RPD 3%), showed the reproducibility expected of a system known to host centimetre-scale high-grade bands and visible gold; relative differences of 28–40% on three lower-grade pairs are consistent with that nugget effect. The Company has verified the sample chain of custody and the analytical certificate, and the results are summarized in Section 12 and Appendix III of the Technical Report.”

Apparent Width OnlyRejected · negative

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

Reason: The document explicitly states that 'true widths are not known at this stage'.

Evidence · text

“Intervals are core lengths; true widths are not known at this stage.”
MCT-22-03Mercator · goldGrade: 0.62Grade Unit: g/tIntercept: 4.6 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
MCT-22-03
Project
Mercator
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
CAMP

Geometry

Grade
0.62
Grade Unit
g/t
Intercept
4.6 m
From
33.3 m
To
37.9 m
Intercept Depth
33.3 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
MCT-22-03:33.3-37.9
Mining Method
underground

Location

Location
Meridian Zone
Loc. Source
document

QA/QC

Laboratory
IGS Impact Global Solutions Inc.
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2022-01-01T00:00:00.000Z

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: A low-grade intercept confirming mineralization, but not particularly significant on its own.

Positive factors

  • Confirms gold mineralization in a historical hole

Negative factors

  • Lower grade compared to other intercepts
  • True width not known
  • No new drilling, only re-sampling of historical core

Evidence · table

“0.62”

Context: 0.62

Tags used in scoring

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Rejected tags

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

QA/QC DisclosedRejected · positive

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

Reason: The release details QA/QC procedures including certified lab, QP sign-off, standards, blanks, and duplicates.

Evidence · text

“The 111 sub-samples were collected on April 28, 2026 from holes MCT-22-08 (55 samples, of which 30 were submitted under interim bag numbers and subsequently repositioned at 55.60–62.95 m from their 2022 sample tags), MCT-22-11 (35 samples) and MCT-22-03 (19 samples), plus two small samples of cutting rejects that carry no position and are excluded from all composites. Samples were submitted to IGS Impact Global Solutions Inc. (“IGS”), an independent commercial laboratory in Delson, Québec operating an ISO-grade quality-management system. Gold was determined by lead-collection fire assay on a 40 g charge with an ICP-OES finish under IGS procedure FC-MP-SAA/ICP, with gravimetric finish (FA-GRAV-Au) available for high-grade samples and a reported detection limit of 0.006 ppm Au (certificate CA-CAMP-LA-2026-01, May 22, 2026). The laboratory inserted one certified reference material (Oreas 236, certified value 1.85 ppm Au), one preparation blank and one replicate per fire-assay batch, for six of each across the run. All six CRMs returned recoveries between 97.1% and 105.4% of the certified value (mean 101.5%), within 2σ of the certificate. All six blanks returned gold below the reportable detection limit (<0.006 ppm Au). Replicate analyses, including the 6.77 g/t Au sample 22-011-14 (replicate 6.99 g/t Au, RPD 3%), showed the reproducibility expected of a system known to host centimetre-scale high-grade bands and visible gold; relative differences of 28–40% on three lower-grade pairs are consistent with that nugget effect. The Company has verified the sample chain of custody and the analytical certificate, and the results are summarized in Section 12 and Appendix III of the Technical Report.”

Apparent Width OnlyRejected · negative

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

Reason: The document explicitly states that 'true widths are not known at this stage'.

Evidence · text

“Intervals are core lengths; true widths are not known at this stage.”
Fact 11Mercator · manganeseGrade: 1.96Grade Unit: %Needs review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Mercator
Commodity
manganese
Region
canada_qc
Reported Region
canada_qc
Ticker
CAMP

Geometry

Grade
1.96
Grade Unit
%

Classification

Sample Type
drill

Location

Location
Meridian Zone
Loc. Source
document

QA/QC

Laboratory
IGS Impact Global Solutions Inc.
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: The identification of significant manganese values adds a critical mineral component to the project and provides new exploration vectors, although its economic significance is yet to be determined.

Positive factors

  • Identifies a critical mineral component (manganese) in the project
  • Provides additional geological vectors for future exploration
  • Manganese is recognized as a critical mineral by the Government of Canada

Negative factors

  • Economic significance of manganese not yet assessed
  • Not tied to specific drill intervals, but a general finding from multi-element analysis

Evidence · text

“Multi-element analysis of the same samples also identified manganese-enriched banded iron formation, with values of up to 19,644 ppm manganese (1.96% Mn)”

Tags used in scoring

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.

QA/QC DisclosedRejected · positive

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

Reason: The release details QA/QC procedures including certified lab, QP sign-off, standards, blanks, and duplicates.

Evidence · text

“The 111 sub-samples were collected on April 28, 2026 from holes MCT-22-08 (55 samples, of which 30 were submitted under interim bag numbers and subsequently repositioned at 55.60–62.95 m from their 2022 sample tags), MCT-22-11 (35 samples) and MCT-22-03 (19 samples), plus two small samples of cutting rejects that carry no position and are excluded from all composites. Samples were submitted to IGS Impact Global Solutions Inc. (“IGS”), an independent commercial laboratory in Delson, Québec operating an ISO-grade quality-management system. Gold was determined by lead-collection fire assay on a 40 g charge with an ICP-OES finish under IGS procedure FC-MP-SAA/ICP, with gravimetric finish (FA-GRAV-Au) available for high-grade samples and a reported detection limit of 0.006 ppm Au (certificate CA-CAMP-LA-2026-01, May 22, 2026). The laboratory inserted one certified reference material (Oreas 236, certified value 1.85 ppm Au), one preparation blank and one replicate per fire-assay batch, for six of each across the run. All six CRMs returned recoveries between 97.1% and 105.4% of the certified value (mean 101.5%), within 2σ of the certificate. All six blanks returned gold below the reportable detection limit (<0.006 ppm Au). Replicate analyses, including the 6.77 g/t Au sample 22-011-14 (replicate 6.99 g/t Au, RPD 3%), showed the reproducibility expected of a system known to host centimetre-scale high-grade bands and visible gold; relative differences of 28–40% on three lower-grade pairs are consistent with that nugget effect. The Company has verified the sample chain of custody and the analytical certificate, and the results are summarized in Section 12 and Appendix III of the Technical Report.”
Fact 12Mercator · copperGrade: 240.5Grade Unit: ppmNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Mercator
Commodity
copper
Region
canada_qc
Reported Region
canada_qc
Ticker
CAMP

Geometry

Grade
240.5
Grade Unit
ppm

Classification

Sample Type
drill

Location

Location
Meridian Zone
Loc. Source
document

QA/QC

Laboratory
IGS Impact Global Solutions Inc.
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: The identification of copper as an associated metal provides additional geological information and potential for critical minerals, though its economic significance is not yet clear.

Positive factors

  • Identifies copper as an associated metal, providing additional geological vectors
  • Copper is recognized as a critical mineral by the Government of Canada

Negative factors

  • Economic significance of copper not yet assessed
  • Not tied to specific drill intervals, but a general finding from multi-element analysis

Evidence · text

“The multi-element program on the same 111 sub-samples returned copper up to 240.5 ppm”

Tags used in scoring

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.

QA/QC DisclosedRejected · positive

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

Reason: The release details QA/QC procedures including certified lab, QP sign-off, standards, blanks, and duplicates.

Evidence · text

“The 111 sub-samples were collected on April 28, 2026 from holes MCT-22-08 (55 samples, of which 30 were submitted under interim bag numbers and subsequently repositioned at 55.60–62.95 m from their 2022 sample tags), MCT-22-11 (35 samples) and MCT-22-03 (19 samples), plus two small samples of cutting rejects that carry no position and are excluded from all composites. Samples were submitted to IGS Impact Global Solutions Inc. (“IGS”), an independent commercial laboratory in Delson, Québec operating an ISO-grade quality-management system. Gold was determined by lead-collection fire assay on a 40 g charge with an ICP-OES finish under IGS procedure FC-MP-SAA/ICP, with gravimetric finish (FA-GRAV-Au) available for high-grade samples and a reported detection limit of 0.006 ppm Au (certificate CA-CAMP-LA-2026-01, May 22, 2026). The laboratory inserted one certified reference material (Oreas 236, certified value 1.85 ppm Au), one preparation blank and one replicate per fire-assay batch, for six of each across the run. All six CRMs returned recoveries between 97.1% and 105.4% of the certified value (mean 101.5%), within 2σ of the certificate. All six blanks returned gold below the reportable detection limit (<0.006 ppm Au). Replicate analyses, including the 6.77 g/t Au sample 22-011-14 (replicate 6.99 g/t Au, RPD 3%), showed the reproducibility expected of a system known to host centimetre-scale high-grade bands and visible gold; relative differences of 28–40% on three lower-grade pairs are consistent with that nugget effect. The Company has verified the sample chain of custody and the analytical certificate, and the results are summarized in Section 12 and Appendix III of the Technical Report.”
Fact 13Mercator · arsenicGrade: 534Grade Unit: ppmNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Mercator
Commodity
arsenic
Region
canada_qc
Reported Region
canada_qc
Ticker
CAMP

Geometry

Grade
534
Grade Unit
ppm

Classification

Sample Type
drill

Location

Location
Meridian Zone
Loc. Source
document

QA/QC

Laboratory
IGS Impact Global Solutions Inc.
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: The confirmation of arsenic as a pathfinder element is positive for exploration targeting, but its presence also introduces a potential processing consideration.

Positive factors

  • Arsenic confirmed as a reliable pathfinder element for gold targeting
  • Strengthens geological interpretation and improves exploration targeting

Negative factors

  • Arsenic can be a deleterious element in processing, though not explicitly flagged as a penalty here

Evidence · text

“The multi-element program on the same 111 sub-samples returned... arsenic up to 534 ppm”

Tags used in scoring

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.

QA/QC DisclosedRejected · positive

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

Reason: The release details QA/QC procedures including certified lab, QP sign-off, standards, blanks, and duplicates.

Evidence · text

“The 111 sub-samples were collected on April 28, 2026 from holes MCT-22-08 (55 samples, of which 30 were submitted under interim bag numbers and subsequently repositioned at 55.60–62.95 m from their 2022 sample tags), MCT-22-11 (35 samples) and MCT-22-03 (19 samples), plus two small samples of cutting rejects that carry no position and are excluded from all composites. Samples were submitted to IGS Impact Global Solutions Inc. (“IGS”), an independent commercial laboratory in Delson, Québec operating an ISO-grade quality-management system. Gold was determined by lead-collection fire assay on a 40 g charge with an ICP-OES finish under IGS procedure FC-MP-SAA/ICP, with gravimetric finish (FA-GRAV-Au) available for high-grade samples and a reported detection limit of 0.006 ppm Au (certificate CA-CAMP-LA-2026-01, May 22, 2026). The laboratory inserted one certified reference material (Oreas 236, certified value 1.85 ppm Au), one preparation blank and one replicate per fire-assay batch, for six of each across the run. All six CRMs returned recoveries between 97.1% and 105.4% of the certified value (mean 101.5%), within 2σ of the certificate. All six blanks returned gold below the reportable detection limit (<0.006 ppm Au). Replicate analyses, including the 6.77 g/t Au sample 22-011-14 (replicate 6.99 g/t Au, RPD 3%), showed the reproducibility expected of a system known to host centimetre-scale high-grade bands and visible gold; relative differences of 28–40% on three lower-grade pairs are consistent with that nugget effect. The Company has verified the sample chain of custody and the analytical certificate, and the results are summarized in Section 12 and Appendix III of the Technical Report.”

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.