Conquest Resources Samples 15.31 g/t Gold over 3.00 M at Smith Lake
Original announcement by tmx on
- Company
- Conquest Resources Limited
- Ticker
- CQR
- Exchange
- TSX
- Region
- Ontario
- Primary commodity
- Gold
- Secondary commodities
- Silver
- Document categories
- Drill results
- Extracted
- 2026-09-13 18:33:19 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Conquest Resources announced high-grade gold channel and grab sample results from the Smith Lake Gold Project in Ontario. Notable results include a 15.31 g/t Au composite over 3.00 m from Channel 5, with the project situated adjacent to the historical Renabie Gold Mine.
Reasoning: Strong gold grades from channel sampling (up to 29.1 g/t) at a project adjacent to a major historical mine, though results are from surface sampling and true widths are unconfirmed.
Positive factors
- High-grade channel sample results
- QA/QC disclosed
- Nearology play
Negative factors
- Apparent width only
- Sample type is surface (channel/grab)
Facts used in scoring: 3
Classification and evidence
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: Release mentions insertion of standards, blanks, and duplicates by both the company and the lab.
Evidence · text
“Conquest inserted a standard and a blank as part of its QA/QC procedure”
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: Project is situated adjacent to the historical Renabie Gold Mine.
Evidence · text
“situated adjacent to Barrick Mining Corp.'s past producing Renabie Gold Mine”
Apparent Width Onlynegative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Why it applies: True widths for the channel samples have not yet been determined.
Evidence · text
“True widths of the mineralization reported from the channel samples have not yet been determined.”
Extracted facts
Stored fact records: 3. Some facts used in scoring do not have a stored record.
Drill Results (3)
Fact 1Smith Lake Gold Project · goldGrade: 15.31Grade Unit: g/tIntercept: 3 mView all detailsHide details
Identity
- Project
- Smith Lake Gold Project
- Commodity
- gold
- Region
- canada_on
- Reported Region
- Ontario
- Ticker
- CQR
Geometry
- Grade
- 15.31
- Grade Unit
- g/t
- Intercept
- 3 m
Classification
- Sample Type
- channel
Location
- Location
- Channel 5
- Loc. Source
- document
QA/QC
- Laboratory
- Activation Laboratories Ltd.
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates, check_assays
Deleterious
- Deleterious Flag
- No
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-12T00:00:00.000Z
Reasoning: 15.31 g/t over 3.0 m is a very strong intercept for surface channel sampling.
Positive factors
- High grade
Negative factors
- Apparent width only
Evidence · text
“15.31 g/t over 3.00 m from Channel 5”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "- August 12, 2026) - Conquest Resources Limited (TSXV: CQR) (" Conquest " or the " Company ") is pleased to announce cha"
Fact 2Smith Lake Gold Project · goldGrade: 1.95Grade Unit: g/tIntercept: 1.95 mView all detailsHide details
Identity
- Project
- Smith Lake Gold Project
- Commodity
- gold
- Region
- canada_on
- Reported Region
- Ontario
- Ticker
- CQR
Geometry
- Grade
- 1.95
- Grade Unit
- g/t
- Intercept
- 1.95 m
Classification
- Sample Type
- channel
Location
- Location
- Channel 1
- Loc. Source
- document
QA/QC
- Laboratory
- Activation Laboratories Ltd.
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates, check_assays
Deleterious
- Deleterious Flag
- No
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-12T00:00:00.000Z
Reasoning: Modest grade intercept from channel sampling.
Positive factors
- Economic grade
Evidence · text
“1.95 g/t over 1.95 m from Channel 1”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "- August 12, 2026) - Conquest Resources Limited (TSXV: CQR) (" Conquest " or the " Company ") is pleased to announce cha"
Fact 3Smith Lake Gold Project · goldGrade: 29.1Grade Unit: g/tView all detailsHide details
Identity
- Project
- Smith Lake Gold Project
- Commodity
- gold
- Region
- canada_on
- Reported Region
- Ontario
- Ticker
- CQR
Geometry
- Grade
- 29.1
- Grade Unit
- g/t
Classification
- Sample Type
- channel
Location
- Location
- Channel 5
- Loc. Source
- document
QA/QC
- Laboratory
- Activation Laboratories Ltd.
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates, check_assays
Deleterious
- Deleterious Flag
- No
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-12T00:00:00.000Z
Reasoning: 29.1 g/t Au is an exceptional grade for a channel sample.
Positive factors
- Bonanza Intercept
Negative factors
- Apparent width only
Evidence · text
“results ranging from 0.03 g/t to 29.1 g/t Au”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "- August 12, 2026) - Conquest Resources Limited (TSXV: CQR) (" Conquest " or the " Company ") is pleased to announce cha"
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.