Corvus Gold Makes New NW Sierra Blanca Zone Discovery 700 Metres West of YellowJacket Deposit, North Bullfrog Project, NV

Original announcement by tmx on

Company
Corvus Gold Inc.
Ticker
KOR
Exchange
TSX
Region
Nevada
Primary commodity
Gold
Secondary commodities
Silver
Document categories
Drill results, Resource update
Extracted
2026-09-16 07:47:28 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Corvus Gold announced a new gold-silver discovery at its NW Sierra Blanca Zone, 700 metres west of the YellowJacket Deposit, within the North Bullfrog Project in Nevada. Initial drill results from this blind discovery include 19.82 metres at 1.28 g/t gold and 1.8 g/t silver, indicating expansion potential. The company also detailed its existing NI 43-101 compliant resources, which include significant Measured and Indicated gold and silver for both mill and heap leach processing.

Reasoning: Corvus Gold announced a new gold-silver discovery at the NW Sierra Blanca Zone with encouraging initial drill results, expanding the known mineralization at the North Bullfrog Project. The project also hosts substantial NI 43-101 compliant resources, though the heap leach portion is largely inferred.

Positive factors

  • New blind discovery at NW Sierra Blanca Zone
  • Encouraging initial gold-silver drill intercepts, including 19.82m at 1.28 g/t Au
  • Expansion potential for the North Bullfrog Project
  • Existing significant NI 43-101 compliant gold-silver resources
  • High Measured and Indicated confidence for the mill processing resource
  • Comprehensive QA/QC disclosure and QP sign-off

Negative factors

  • Drill intercepts are reported as apparent width only, true width not disclosed
  • Heap leach resource has a high proportion of Inferred category (82.8%)

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 36

Classification and evidence

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The document describes a 'newly identified structural zone' and 'blind discovery' in an 'unexplored part of the property', indicating mineralization extended beyond previously known limits.

Evidence · text

“Corvus Gold Makes New NW Sierra Blanca Zone Discovery 700 Metres West of YellowJacket Deposit, North Bullfrog Project, NV”

QA/QC Disclosedpositive

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

Why it applies: The release details QA/QC procedures including certified laboratory (ALS Chemex, ISO 17025), insertion of blanks and standards, and duplicate samples, with QP sign-off.

Evidence · text

“ALS Chemex's quality system complies with the requirements for the International Standards ISO 9001:2000 and ISO 17025:1999. Analytical accuracy and precision are monitored by the analysis of reagent blanks, reference material and replicate samples. Finally, representative blind duplicate samples are forwarded to ALS Chemex and an ISO compliant third party laboratory for additional quality control.”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: The document clearly states the cut-off grades used for calculating mineralized thickness and internal vein/stockwork intervals.

Evidence · text

“Mineralized thickness calculated @ 0.10 g/t Au cutoff with internal vein/stockwork intervals calculated @ 1.0 g/t Au cutoff”

Apparent Width Onlynegative

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

Why it applies: The drill results table explicitly states that 'Reported drill intercepts are not true widths' and there is 'insufficient data... to calculate its true orientation'.

Evidence · table

“Reported drill intercepts are not true widths. At this time, there is insufficient data with respect to the shape of the mineralization to calculate its true orientation in space.”

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: The resource estimates are explicitly stated to be prepared in accordance with NI 43-101.

Evidence · text

“all resource estimates contained in or incorporated by reference in this press release have been prepared in accordance with NI 43-101”

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: Jeffrey A. Pontius and Carl E. Brechtel are named as Qualified Persons who have supervised and approved the disclosure.

Evidence · text

“Jeffrey A. Pontius (CPG 11044), a qualified person as defined by National Instrument 43-101, has supervised the preparation of the scientific and technical information that forms the basis for this news release and has approved the disclosure herein. Mr. Pontius is not independent of Corvus, as he is the CEO & President and holds common shares and incentive stock options. Carl E. Brechtel , (Nevada PE 008744 and Registered Member 353000 of SME), a qualified person as defined by National Instrument 43-101, has coordinated execution of the work outlined in this news release and has approved the disclosure herein.”

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: A significant portion of the reported resource, particularly for heap leach processing, is in the Inferred category.

Evidence · text

“inferred mineral resource of 176.3 Mt at an average grade of 0.19 g/t gold and 0.67 g/t silver, containing 1,077.4k ounces of gold and 3,799.2k ounces of silver for oxide, heap leach processing.”

All Inferrednegative

M&I share below the weak bound — very early stage, no engineering confidence.

Why it applies: The heap leach resource has a very high proportion of Inferred material (176.3 Mt Inferred vs 22.86 Mt Indicated and 0.3 Mt Measured).

Evidence · text

“an inferred mineral resource of 176.3 Mt at an average grade of 0.19 g/t gold and 0.67 g/t silver, containing 1,077.4k ounces of gold and 3,799.2k ounces of silver for oxide, heap leach processing.”

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: The document provides updated mineral resource estimates for the North Bullfrog project.

Evidence · text

“The North Bullfrog project includes numerous prospective gold targets at various stages of exploration with four having NI 43-101 compliant mineral resources (Sierra Blanca, Jolly Jane, Mayflower and YellowJacket).”

Extracted facts

Stored fact records: 36. Some facts used in scoring do not have a stored record.

Drill Results (24)

NB-15-268North Bullfrog · goldGrade: 0.27Grade Unit: g/tIntercept: 9.15 mView all details
Link to this fact

Identity

Hole ID
NB-15-268
Project
North Bullfrog
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
KOR

Geometry

Grade
0.27
Grade Unit
g/t
Intercept
9.15 m
From
39.62 m
To
48.77 m
Intercept Depth
39.62 m

Classification

Program
exploration
Sample Type
drill
Group ID
NB-15-268:39.62-48.77
Mining Method
open_pit

Location

Location
NW Sierra Blanca Zone
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
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

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2015-11-03T00:00:00.000Z

Reasoning: This intercept is part of a new discovery but shows a low gold grade, making it less material on its own.

Positive factors

  • Part of a new discovery in an unexplored area

Negative factors

  • Low gold grade for an exploration intercept
  • Apparent width only

Evidence · table

“0.27”

Context: 9.15

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

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: "The project has excellent infrastructure, being adjacent to a major highway and power corridor as well as a large water "

NB-15-268North Bullfrog · silverGrade: 0.45Grade Unit: g/tIntercept: 9.15 mView all details
Link to this fact

Identity

Hole ID
NB-15-268
Project
North Bullfrog
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
KOR

Geometry

Grade
0.45
Grade Unit
g/t
Intercept
9.15 m
From
39.62 m
To
48.77 m
Intercept Depth
39.62 m

Classification

Program
exploration
Sample Type
drill
Group ID
NB-15-268:39.62-48.77
Mining Method
open_pit

Location

Location
NW Sierra Blanca Zone
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
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

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2015-11-03T00:00:00.000Z

Reasoning: This intercept is part of a new discovery but shows a low silver grade, contributing minimally to overall materiality.

Positive factors

  • Part of a new discovery in an unexplored area

Negative factors

  • Low silver grade
  • Apparent width only

Evidence · table

“0.45”

Context: 9.15

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

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: "The project has excellent infrastructure, being adjacent to a major highway and power corridor as well as a large water "

NB-15-268North Bullfrog · goldGrade: 0.45Grade Unit: g/tIntercept: 42.67 mView all details
Link to this fact

Identity

Hole ID
NB-15-268
Project
North Bullfrog
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
KOR

Geometry

Grade
0.45
Grade Unit
g/t
Intercept
42.67 m
From
53.34 m
To
96.01 m
Intercept Depth
39.62 m

Classification

Program
exploration
Sample Type
drill
Group ID
NB-15-268:53.34-96.01
Mining Method
open_pit

Location

Location
NW Sierra Blanca Zone
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
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

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2015-11-03T00:00:00.000Z

Reasoning: This intercept shows a good length but a weak gold grade, contributing to the overall discovery but not a high-grade highlight.

Positive factors

  • Part of a new discovery in an unexplored area
  • Good intercept length (42.67m)

Negative factors

  • Weak gold grade for an exploration intercept
  • Apparent width only

Evidence · table

“0.45”

Context: 42.67

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

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: "The project has excellent infrastructure, being adjacent to a major highway and power corridor as well as a large water "

NB-15-268North Bullfrog · silverGrade: 0.61Grade Unit: g/tIntercept: 42.67 mView all details
Link to this fact

Identity

Hole ID
NB-15-268
Project
North Bullfrog
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
KOR

Geometry

Grade
0.61
Grade Unit
g/t
Intercept
42.67 m
From
53.34 m
To
96.01 m
Intercept Depth
39.62 m

Classification

Program
exploration
Sample Type
drill
Group ID
NB-15-268:53.34-96.01
Mining Method
open_pit

Location

Location
NW Sierra Blanca Zone
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
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

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2015-11-03T00:00:00.000Z

Reasoning: This intercept shows a good length but a low silver grade, contributing to the overall discovery but not a high-grade highlight.

Positive factors

  • Part of a new discovery in an unexplored area
  • Good intercept length (42.67m)

Negative factors

  • Low silver grade
  • Apparent width only

Evidence · table

“0.61”

Context: 42.67

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

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: "The project has excellent infrastructure, being adjacent to a major highway and power corridor as well as a large water "

NB-15-268North Bullfrog · goldGrade: 1.15Grade Unit: g/tIntercept: 1.52 mView all details
Link to this fact

Identity

Hole ID
NB-15-268
Project
North Bullfrog
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
KOR

Geometry

Grade
1.15
Grade Unit
g/t
Intercept
1.52 m
From
86.87 m
To
88.39 m
Intercept Depth
39.62 m

Classification

Program
exploration
Sample Type
drill
Group ID
NB-15-268:86.87-88.39
Mining Method
open_pit

Location

Location
NW Sierra Blanca Zone
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
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

Compositing

Cutoff Grade
1
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2015-11-03T00:00:00.000Z

Reasoning: This sub-interval shows a moderate gold grade but is very narrow, limiting its individual materiality despite being part of a new discovery.

Positive factors

  • Part of a new discovery in an unexplored area
  • Moderate gold grade for an open pit target

Negative factors

  • Narrow intercept length
  • Apparent width only

Evidence · table

“1.15”

Context: 1.52

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

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: "The project has excellent infrastructure, being adjacent to a major highway and power corridor as well as a large water "

NB-15-268North Bullfrog · silverGrade: 1.51Grade Unit: g/tIntercept: 1.52 mView all details
Link to this fact

Identity

Hole ID
NB-15-268
Project
North Bullfrog
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
KOR

Geometry

Grade
1.51
Grade Unit
g/t
Intercept
1.52 m
From
86.87 m
To
88.39 m
Intercept Depth
39.62 m

Classification

Program
exploration
Sample Type
drill
Group ID
NB-15-268:86.87-88.39
Mining Method
open_pit

Location

Location
NW Sierra Blanca Zone
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
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

Compositing

Cutoff Grade
1
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2015-11-03T00:00:00.000Z

Reasoning: This sub-interval shows a low silver grade over a narrow width, contributing minimally to overall materiality.

Positive factors

  • Part of a new discovery in an unexplored area

Negative factors

  • Low silver grade
  • Narrow intercept length
  • Apparent width only

Evidence · table

“1.51”

Context: 1.52

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

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: "The project has excellent infrastructure, being adjacent to a major highway and power corridor as well as a large water "

NB-15-268North Bullfrog · goldGrade: 0.21Grade Unit: g/tIntercept: 4.58 mView all details
Link to this fact

Identity

Hole ID
NB-15-268
Project
North Bullfrog
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
KOR

Geometry

Grade
0.21
Grade Unit
g/t
Intercept
4.58 m
From
108.2 m
To
112.78 m
Intercept Depth
39.62 m

Classification

Program
exploration
Sample Type
drill
Group ID
NB-15-268:108.2-112.78
Mining Method
open_pit

Location

Location
NW Sierra Blanca Zone
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
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

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2015-11-03T00:00:00.000Z

Reasoning: This intercept shows a very low gold grade, contributing minimally to overall materiality despite being part of a new discovery.

Positive factors

  • Part of a new discovery in an unexplored area

Negative factors

  • Very low gold grade
  • Apparent width only

Evidence · table

“0.21”

Context: 4.58

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

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: "The project has excellent infrastructure, being adjacent to a major highway and power corridor as well as a large water "

NB-15-268North Bullfrog · silverGrade: 0.04Grade Unit: g/tIntercept: 4.58 mView all details
Link to this fact

Identity

Hole ID
NB-15-268
Project
North Bullfrog
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
KOR

Geometry

Grade
0.04
Grade Unit
g/t
Intercept
4.58 m
From
108.2 m
To
112.78 m
Intercept Depth
39.62 m

Classification

Program
exploration
Sample Type
drill
Group ID
NB-15-268:108.2-112.78
Mining Method
open_pit

Location

Location
NW Sierra Blanca Zone
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
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

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2015-11-03T00:00:00.000Z

Reasoning: This intercept shows an extremely low silver grade, contributing negligibly to overall materiality despite being part of a new discovery.

Positive factors

  • Part of a new discovery in an unexplored area

Negative factors

  • Extremely low silver grade
  • Apparent width only

Evidence · table

“0.04”

Context: 4.58

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

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: "The project has excellent infrastructure, being adjacent to a major highway and power corridor as well as a large water "

NB-15-269North Bullfrog · goldGrade: 0.64Grade Unit: g/tIntercept: 6.09 mView all details
Link to this fact

Identity

Hole ID
NB-15-269
Project
North Bullfrog
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
KOR

Geometry

Grade
0.64
Grade Unit
g/t
Intercept
6.09 m
From
13.72 m
To
19.81 m
Intercept Depth
13.72 m

Classification

Program
exploration
Sample Type
drill
Group ID
NB-15-269:13.72-19.81
Mining Method
open_pit

Location

Location
NW Sierra Blanca Zone
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
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

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2015-11-03T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade over a moderate length, contributing to the overall discovery.

Positive factors

  • Part of a new discovery in an unexplored area
  • Weak gold grade for an open pit target

Negative factors

  • Apparent width only

Evidence · table

“0.64”

Context: 6.09

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

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: "The project has excellent infrastructure, being adjacent to a major highway and power corridor as well as a large water "

NB-15-269North Bullfrog · silverGrade: 0.77Grade Unit: g/tIntercept: 6.09 mView all details
Link to this fact

Identity

Hole ID
NB-15-269
Project
North Bullfrog
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
KOR

Geometry

Grade
0.77
Grade Unit
g/t
Intercept
6.09 m
From
13.72 m
To
19.81 m
Intercept Depth
13.72 m

Classification

Program
exploration
Sample Type
drill
Group ID
NB-15-269:13.72-19.81
Mining Method
open_pit

Location

Location
NW Sierra Blanca Zone
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
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

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2015-11-03T00:00:00.000Z

Reasoning: This intercept shows a low silver grade over a moderate length, contributing to the overall discovery.

Positive factors

  • Part of a new discovery in an unexplored area

Negative factors

  • Low silver grade
  • Apparent width only

Evidence · table

“0.77”

Context: 6.09

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

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: "The project has excellent infrastructure, being adjacent to a major highway and power corridor as well as a large water "

NB-15-269North Bullfrog · goldGrade: 0.37Grade Unit: g/tIntercept: 7.62 mView all details
Link to this fact

Identity

Hole ID
NB-15-269
Project
North Bullfrog
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
KOR

Geometry

Grade
0.37
Grade Unit
g/t
Intercept
7.62 m
From
54.86 m
To
62.48 m
Intercept Depth
13.72 m

Classification

Program
exploration
Sample Type
drill
Group ID
NB-15-269:54.86-62.48
Mining Method
open_pit

Location

Location
NW Sierra Blanca Zone
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
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

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2015-11-03T00:00:00.000Z

Reasoning: This intercept shows a low gold grade, contributing to the overall discovery but not a high-grade highlight.

Positive factors

  • Part of a new discovery in an unexplored area

Negative factors

  • Low gold grade
  • Apparent width only

Evidence · table

“0.37”

Context: 7.62

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

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: "The project has excellent infrastructure, being adjacent to a major highway and power corridor as well as a large water "

NB-15-269North Bullfrog · silverGrade: 1.1Grade Unit: g/tIntercept: 7.62 mView all details
Link to this fact

Identity

Hole ID
NB-15-269
Project
North Bullfrog
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
KOR

Geometry

Grade
1.1
Grade Unit
g/t
Intercept
7.62 m
From
54.86 m
To
62.48 m
Intercept Depth
13.72 m

Classification

Program
exploration
Sample Type
drill
Group ID
NB-15-269:54.86-62.48
Mining Method
open_pit

Location

Location
NW Sierra Blanca Zone
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
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

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2015-11-03T00:00:00.000Z

Reasoning: This intercept shows a low silver grade, contributing to the overall discovery but not a high-grade highlight.

Positive factors

  • Part of a new discovery in an unexplored area

Negative factors

  • Low silver grade
  • Apparent width only

Evidence · table

“1.1”

Context: 7.62

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

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: "The project has excellent infrastructure, being adjacent to a major highway and power corridor as well as a large water "

NB-15-269North Bullfrog · goldGrade: 1.28Grade Unit: g/tIntercept: 19.82 mView all details
Link to this fact

Identity

Hole ID
NB-15-269
Project
North Bullfrog
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
KOR

Geometry

Grade
1.28
Grade Unit
g/t
Intercept
19.82 m
From
92.96 m
To
112.78 m
Intercept Depth
13.72 m

Classification

Program
exploration
Sample Type
drill
Group ID
NB-15-269:92.96-112.78
Mining Method
open_pit

Location

Location
NW Sierra Blanca Zone
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
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

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2015-11-03T00:00:00.000Z

Reasoning: This is a significant intercept with a moderate gold grade over a good length, representing a key highlight of the new discovery.

Positive factors

  • Part of a new discovery in an unexplored area
  • Moderate gold grade for an open pit target
  • Good intercept length (19.82m)

Negative factors

  • Apparent width only

Evidence · table

“1.28”

Context: 19.82

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

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: "The project has excellent infrastructure, being adjacent to a major highway and power corridor as well as a large water "

NB-15-269North Bullfrog · silverGrade: 1.8Grade Unit: g/tIntercept: 19.82 mView all details
Link to this fact

Identity

Hole ID
NB-15-269
Project
North Bullfrog
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
KOR

Geometry

Grade
1.8
Grade Unit
g/t
Intercept
19.82 m
From
92.96 m
To
112.78 m
Intercept Depth
13.72 m

Classification

Program
exploration
Sample Type
drill
Group ID
NB-15-269:92.96-112.78
Mining Method
open_pit

Location

Location
NW Sierra Blanca Zone
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
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

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2015-11-03T00:00:00.000Z

Reasoning: This intercept shows a low silver grade over a good length, contributing to the overall discovery.

Positive factors

  • Part of a new discovery in an unexplored area
  • Good intercept length (19.82m)

Negative factors

  • Low silver grade
  • Apparent width only

Evidence · table

“1.8”

Context: 19.82

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

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: "The project has excellent infrastructure, being adjacent to a major highway and power corridor as well as a large water "

NB-15-269North Bullfrog · goldGrade: 0.23Grade Unit: g/tIntercept: 4.57 mView all details
Link to this fact

Identity

Hole ID
NB-15-269
Project
North Bullfrog
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
KOR

Geometry

Grade
0.23
Grade Unit
g/t
Intercept
4.57 m
From
167.64 m
To
172.21 m
Intercept Depth
13.72 m

Classification

Program
exploration
Sample Type
drill
Group ID
NB-15-269:167.64-172.21
Mining Method
open_pit

Location

Location
NW Sierra Blanca Zone
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
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

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2015-11-03T00:00:00.000Z

Reasoning: This intercept shows a very low gold grade, contributing minimally to overall materiality despite being part of a new discovery.

Positive factors

  • Part of a new discovery in an unexplored area

Negative factors

  • Very low gold grade
  • Apparent width only

Evidence · table

“0.23”

Context: 4.57

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

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: "The project has excellent infrastructure, being adjacent to a major highway and power corridor as well as a large water "

NB-15-269North Bullfrog · silverGrade: 0.5Grade Unit: g/tIntercept: 4.57 mView all details
Link to this fact

Identity

Hole ID
NB-15-269
Project
North Bullfrog
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
KOR

Geometry

Grade
0.5
Grade Unit
g/t
Intercept
4.57 m
From
167.64 m
To
172.21 m
Intercept Depth
13.72 m

Classification

Program
exploration
Sample Type
drill
Group ID
NB-15-269:167.64-172.21
Mining Method
open_pit

Location

Location
NW Sierra Blanca Zone
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
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

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2015-11-03T00:00:00.000Z

Reasoning: This intercept shows a very low silver grade, contributing minimally to overall materiality despite being part of a new discovery.

Positive factors

  • Part of a new discovery in an unexplored area

Negative factors

  • Very low silver grade
  • Apparent width only

Evidence · table

“0.5”

Context: 4.57

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

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: "The project has excellent infrastructure, being adjacent to a major highway and power corridor as well as a large water "

NB-15-270North Bullfrog · goldGrade: 0.35Grade Unit: g/tIntercept: 9.14 mView all details
Link to this fact

Identity

Hole ID
NB-15-270
Project
North Bullfrog
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
KOR

Geometry

Grade
0.35
Grade Unit
g/t
Intercept
9.14 m
From
45.72 m
To
54.86 m
Intercept Depth
45.72 m

Classification

Program
exploration
Sample Type
drill
Group ID
NB-15-270:45.72-54.86
Mining Method
open_pit

Location

Location
NW Sierra Blanca Zone
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
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

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2015-11-03T00:00:00.000Z

Reasoning: This intercept shows a low gold grade, contributing to the overall discovery but not a high-grade highlight.

Positive factors

  • Part of a new discovery in an unexplored area

Negative factors

  • Low gold grade
  • Apparent width only

Evidence · table

“0.35”

Context: 9.14

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

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: "The project has excellent infrastructure, being adjacent to a major highway and power corridor as well as a large water "

NB-15-270North Bullfrog · silverGrade: 0.58Grade Unit: g/tIntercept: 9.14 mView all details
Link to this fact

Identity

Hole ID
NB-15-270
Project
North Bullfrog
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
KOR

Geometry

Grade
0.58
Grade Unit
g/t
Intercept
9.14 m
From
45.72 m
To
54.86 m
Intercept Depth
45.72 m

Classification

Program
exploration
Sample Type
drill
Group ID
NB-15-270:45.72-54.86
Mining Method
open_pit

Location

Location
NW Sierra Blanca Zone
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
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

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2015-11-03T00:00:00.000Z

Reasoning: This intercept shows a low silver grade, contributing to the overall discovery but not a high-grade highlight.

Positive factors

  • Part of a new discovery in an unexplored area

Negative factors

  • Low silver grade
  • Apparent width only

Evidence · table

“0.58”

Context: 9.14

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

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: "The project has excellent infrastructure, being adjacent to a major highway and power corridor as well as a large water "

NB-15-270North Bullfrog · goldGrade: 0.43Grade Unit: g/tIntercept: 27.43 mView all details
Link to this fact

Identity

Hole ID
NB-15-270
Project
North Bullfrog
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
KOR

Geometry

Grade
0.43
Grade Unit
g/t
Intercept
27.43 m
From
82.3 m
To
109.73 m
Intercept Depth
45.72 m

Classification

Program
exploration
Sample Type
drill
Group ID
NB-15-270:82.3-109.73
Mining Method
open_pit

Location

Location
NW Sierra Blanca Zone
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
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

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2015-11-03T00:00:00.000Z

Reasoning: This intercept shows a good length but a weak gold grade, contributing to the overall discovery but not a high-grade highlight.

Positive factors

  • Part of a new discovery in an unexplored area
  • Good intercept length (27.43m)

Negative factors

  • Weak gold grade for an exploration intercept
  • Apparent width only

Evidence · table

“0.43”

Context: 27.43

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

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: "The project has excellent infrastructure, being adjacent to a major highway and power corridor as well as a large water "

NB-15-270North Bullfrog · silverGrade: 1.47Grade Unit: g/tIntercept: 27.43 mView all details
Link to this fact

Identity

Hole ID
NB-15-270
Project
North Bullfrog
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
KOR

Geometry

Grade
1.47
Grade Unit
g/t
Intercept
27.43 m
From
82.3 m
To
109.73 m
Intercept Depth
45.72 m

Classification

Program
exploration
Sample Type
drill
Group ID
NB-15-270:82.3-109.73
Mining Method
open_pit

Location

Location
NW Sierra Blanca Zone
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
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

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2015-11-03T00:00:00.000Z

Reasoning: This intercept shows a low silver grade over a good length, contributing to the overall discovery but not a high-grade highlight.

Positive factors

  • Part of a new discovery in an unexplored area
  • Good intercept length (27.43m)

Negative factors

  • Low silver grade
  • Apparent width only

Evidence · table

“1.47”

Context: 27.43

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

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: "The project has excellent infrastructure, being adjacent to a major highway and power corridor as well as a large water "

NB-15-270North Bullfrog · goldGrade: 1.05Grade Unit: g/tIntercept: 1.52 mView all details
Link to this fact

Identity

Hole ID
NB-15-270
Project
North Bullfrog
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
KOR

Geometry

Grade
1.05
Grade Unit
g/t
Intercept
1.52 m
From
85.34 m
To
86.86 m
Intercept Depth
45.72 m

Classification

Program
exploration
Sample Type
drill
Group ID
NB-15-270:85.34-86.86
Mining Method
open_pit

Location

Location
NW Sierra Blanca Zone
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
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

Compositing

Cutoff Grade
1
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2015-11-03T00:00:00.000Z

Reasoning: This sub-interval shows a moderate gold grade but is very narrow, limiting its individual materiality despite being part of a new discovery.

Positive factors

  • Part of a new discovery in an unexplored area
  • Moderate gold grade for an open pit target

Negative factors

  • Narrow intercept length
  • Apparent width only

Evidence · table

“1.05”

Context: 1.52

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

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: "The project has excellent infrastructure, being adjacent to a major highway and power corridor as well as a large water "

NB-15-270North Bullfrog · silverGrade: 1.02Grade Unit: g/tIntercept: 1.52 mView all details
Link to this fact

Identity

Hole ID
NB-15-270
Project
North Bullfrog
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
KOR

Geometry

Grade
1.02
Grade Unit
g/t
Intercept
1.52 m
From
85.34 m
To
86.86 m
Intercept Depth
45.72 m

Classification

Program
exploration
Sample Type
drill
Group ID
NB-15-270:85.34-86.86
Mining Method
open_pit

Location

Location
NW Sierra Blanca Zone
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
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

Compositing

Cutoff Grade
1
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2015-11-03T00:00:00.000Z

Reasoning: This sub-interval shows a low silver grade over a narrow width, contributing minimally to overall materiality.

Positive factors

  • Part of a new discovery in an unexplored area

Negative factors

  • Low silver grade
  • Narrow intercept length
  • Apparent width only

Evidence · table

“1.02”

Context: 1.52

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

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: "The project has excellent infrastructure, being adjacent to a major highway and power corridor as well as a large water "

NB-15-270North Bullfrog · goldGrade: 0.29Grade Unit: g/tIntercept: 25.91 mView all details
Link to this fact

Identity

Hole ID
NB-15-270
Project
North Bullfrog
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
KOR

Geometry

Grade
0.29
Grade Unit
g/t
Intercept
25.91 m
From
118.87 m
To
144.78 m
Intercept Depth
45.72 m

Classification

Program
exploration
Sample Type
drill
Group ID
NB-15-270:118.87-144.78
Mining Method
open_pit

Location

Location
NW Sierra Blanca Zone
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
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

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2015-11-03T00:00:00.000Z

Reasoning: This intercept shows a good length but a low gold grade, contributing to the overall discovery but not a high-grade highlight.

Positive factors

  • Part of a new discovery in an unexplored area
  • Good intercept length (25.91m)

Negative factors

  • Low gold grade
  • Apparent width only

Evidence · table

“0.29”

Context: 25.91

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

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: "The project has excellent infrastructure, being adjacent to a major highway and power corridor as well as a large water "

NB-15-270North Bullfrog · silverGrade: 0.59Grade Unit: g/tIntercept: 25.91 mView all details
Link to this fact

Identity

Hole ID
NB-15-270
Project
North Bullfrog
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
KOR

Geometry

Grade
0.59
Grade Unit
g/t
Intercept
25.91 m
From
118.87 m
To
144.78 m
Intercept Depth
45.72 m

Classification

Program
exploration
Sample Type
drill
Group ID
NB-15-270:118.87-144.78
Mining Method
open_pit

Location

Location
NW Sierra Blanca Zone
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
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

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2015-11-03T00:00:00.000Z

Reasoning: This intercept shows a low silver grade over a good length, contributing to the overall discovery but not a high-grade highlight.

Positive factors

  • Part of a new discovery in an unexplored area
  • Good intercept length (25.91m)

Negative factors

  • Low silver grade
  • Apparent width only

Evidence · table

“0.59”

Context: 25.91

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

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: "The project has excellent infrastructure, being adjacent to a major highway and power corridor as well as a large water "

Resource Estimates (12)

measuredNorth Bullfrog Project · goldTonnes: 3860000Grade: 2.55Grade Unit: g/tContained Metal: 316.5Contained Unit: kozView all details
Link to this fact

Identity

Project
North Bullfrog Project
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
KOR

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Jeffrey A. Pontius, Carl E. Brechtel
Resource group id
resource:887e56c52d3411a2ecdf
Material type
oxide
Ownership percent
100 %
Resource basis
gross

Resource Data

Category
measured
Tonnes
3860000
Grade
2.55
Grade Unit
g/t
Contained Metal
316.5
Contained Unit
koz
Cutoff Grade
0.52
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2015-06-16

Metal Equivalent

Assumptions Disclosed
No

Lab

Laboratory
ALS Chemex

Review

Needs Review
No
Historical
No

Dates

Event date
2015-11-03T00:00:00.000Z

Reasoning: This Measured resource for mill processing shows high confidence and a strong gold grade, contributing significantly to the project's overall value.

Positive factors

  • High confidence Measured category
  • High gold grade for open pit
  • NI 43-101 compliant
  • QP signed

Evidence · text

“measured mineral resource of 3.86 Mt at an average grade of 2.55 g/t gold and 19.70 g/t silver, containing 316.5k ounces of gold”

Tags used in scoring

Measured Resourcepositive

Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

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

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

measuredNorth Bullfrog Project · silverTonnes: 3860000Grade: 19.7Grade Unit: g/tContained Metal: 2445Contained Unit: kozView all details
Link to this fact

Identity

Project
North Bullfrog Project
Commodity
silver
Region
usa_nv
Reported Region
Nevada
Ticker
KOR

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Jeffrey A. Pontius, Carl E. Brechtel
Resource group id
resource:887e56c52d3411a2ecdf
Material type
oxide
Ownership percent
100 %
Resource basis
gross

Resource Data

Category
measured
Tonnes
3860000
Grade
19.7
Grade Unit
g/t
Contained Metal
2445
Contained Unit
koz
Cutoff Grade
0.52
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2015-06-16

Metal Equivalent

Assumptions Disclosed
No

Lab

Laboratory
ALS Chemex

Review

Needs Review
No
Historical
No

Dates

Event date
2015-11-03T00:00:00.000Z

Reasoning: This Measured resource for mill processing includes a substantial silver component, adding to the project's overall value.

Positive factors

  • High confidence Measured category
  • NI 43-101 compliant
  • QP signed

Evidence · text

“19.70 g/t silver, containing 2,445k ounces of silver”

Tags used in scoring

Measured Resourcepositive

Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

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

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

indicatedNorth Bullfrog Project · goldTonnes: 1810000Grade: 1.53Grade Unit: g/tContained Metal: 89.1Contained Unit: kozView all details
Link to this fact

Identity

Project
North Bullfrog Project
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
KOR

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Jeffrey A. Pontius, Carl E. Brechtel
Resource group id
resource:7f3838bc63f684bc656c
Material type
oxide
Ownership percent
100 %
Resource basis
gross

Resource Data

Category
indicated
Tonnes
1810000
Grade
1.53
Grade Unit
g/t
Contained Metal
89.1
Contained Unit
koz
Cutoff Grade
0.52
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2015-06-16

Metal Equivalent

Assumptions Disclosed
No

Lab

Laboratory
ALS Chemex

Review

Needs Review
No
Historical
No

Dates

Event date
2015-11-03T00:00:00.000Z

Reasoning: This Indicated resource for mill processing shows good confidence and a strong gold grade, contributing significantly to the project's overall value.

Positive factors

  • Indicated category provides good confidence
  • Strong gold grade for open pit
  • NI 43-101 compliant
  • QP signed

Evidence · text

“indicated mineral resource of 1.81 Mt at an average grade of 1.53 g/t gold, and 10.20 g/t silver, containing 89.1k ounces of gold”

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 Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

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

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

indicatedNorth Bullfrog Project · silverTonnes: 1810000Grade: 10.2Grade Unit: g/tContained Metal: 593.6Contained Unit: kozView all details
Link to this fact

Identity

Project
North Bullfrog Project
Commodity
silver
Region
usa_nv
Reported Region
Nevada
Ticker
KOR

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Jeffrey A. Pontius, Carl E. Brechtel
Resource group id
resource:7f3838bc63f684bc656c
Material type
oxide
Ownership percent
100 %
Resource basis
gross

Resource Data

Category
indicated
Tonnes
1810000
Grade
10.2
Grade Unit
g/t
Contained Metal
593.6
Contained Unit
koz
Cutoff Grade
0.52
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2015-06-16

Metal Equivalent

Assumptions Disclosed
No

Lab

Laboratory
ALS Chemex

Review

Needs Review
No
Historical
No

Dates

Event date
2015-11-03T00:00:00.000Z

Reasoning: This Indicated resource for mill processing includes a notable silver component, adding to the project's overall value.

Positive factors

  • Indicated category provides good confidence
  • NI 43-101 compliant
  • QP signed

Evidence · text

“10.20 g/t silver, containing 593.6k ounces of silver”

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 Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

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

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

inferredNorth Bullfrog Project · goldTonnes: 1480000Grade: 0.83Grade Unit: g/tContained Metal: 39.5Contained Unit: kozView all details
Link to this fact

Identity

Project
North Bullfrog Project
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
KOR

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Jeffrey A. Pontius, Carl E. Brechtel
Resource group id
resource:a52e374d48449116ee00
Material type
oxide
Ownership percent
100 %
Resource basis
gross

Resource Data

Category
inferred
Tonnes
1480000
Grade
0.83
Grade Unit
g/t
Contained Metal
39.5
Contained Unit
koz
Cutoff Grade
0.52
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2015-06-16

Metal Equivalent

Assumptions Disclosed
No

Lab

Laboratory
ALS Chemex

Review

Needs Review
No
Historical
No

Dates

Event date
2015-11-03T00:00:00.000Z

Reasoning: This Inferred resource for mill processing provides exploration upside but has lower confidence due to its category.

Positive factors

  • NI 43-101 compliant
  • QP signed

Negative factors

  • Inferred category has lower confidence
  • Moderate gold grade for open pit

Evidence · text

“inferred resource of 1.48 Mt at an average grade of 0.83 g/t gold and 4.26 g/t silver, containing 39.5k ounces of gold”

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 Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

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

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

inferredNorth Bullfrog Project · silverTonnes: 1480000Grade: 4.26Grade Unit: g/tContained Metal: 202.7Contained Unit: kozView all details
Link to this fact

Identity

Project
North Bullfrog Project
Commodity
silver
Region
usa_nv
Reported Region
Nevada
Ticker
KOR

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Jeffrey A. Pontius, Carl E. Brechtel
Resource group id
resource:a52e374d48449116ee00
Material type
oxide
Ownership percent
100 %
Resource basis
gross

Resource Data

Category
inferred
Tonnes
1480000
Grade
4.26
Grade Unit
g/t
Contained Metal
202.7
Contained Unit
koz
Cutoff Grade
0.52
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2015-06-16

Metal Equivalent

Assumptions Disclosed
No

Lab

Laboratory
ALS Chemex

Review

Needs Review
No
Historical
No

Dates

Event date
2015-11-03T00:00:00.000Z

Reasoning: This Inferred resource for mill processing includes a silver component but has lower confidence due to its category and low grade.

Positive factors

  • NI 43-101 compliant
  • QP signed

Negative factors

  • Inferred category has lower confidence
  • Low silver grade

Evidence · text

“4.26 g/t silver, containing 202.7k ounces of silver”

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 Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

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

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

measuredNorth Bullfrog Project · goldTonnes: 300000Grade: 0.25Grade Unit: g/tContained Metal: 2.4Contained Unit: kozView all details
Link to this fact

Identity

Project
North Bullfrog Project
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
KOR

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Jeffrey A. Pontius, Carl E. Brechtel
Resource group id
resource:29a91c844ecc413c082d
Material type
oxide
Ownership percent
100 %
Resource basis
gross

Resource Data

Category
measured
Tonnes
300000
Grade
0.25
Grade Unit
g/t
Contained Metal
2.4
Contained Unit
koz
Cutoff Grade
0.15
Cutoff Unit
g/t

Prior Estimate

Resource Date
2015-06-16

Metal Equivalent

Assumptions Disclosed
No

Lab

Laboratory
ALS Chemex

Review

Needs Review
No
Historical
No

Dates

Event date
2015-11-03T00:00:00.000Z

Reasoning: This Measured resource for heap leach processing has high confidence but a small tonnage and marginal gold grade.

Positive factors

  • High confidence Measured category
  • NI 43-101 compliant
  • QP signed

Negative factors

  • Marginal gold grade for open pit heap leach
  • Small tonnage

Evidence · text

“measured mineral resource of 0.3 Mt at an average grade of 0.25 g/t gold and 2.76 g/t silver, containing 2.4k ounces of gold”

Tags used in scoring

Measured Resourcepositive

Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

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

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

measuredNorth Bullfrog Project · silverTonnes: 300000Grade: 2.76Grade Unit: g/tContained Metal: 26.6Contained Unit: kozView all details
Link to this fact

Identity

Project
North Bullfrog Project
Commodity
silver
Region
usa_nv
Reported Region
Nevada
Ticker
KOR

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Jeffrey A. Pontius, Carl E. Brechtel
Resource group id
resource:29a91c844ecc413c082d
Material type
oxide
Ownership percent
100 %
Resource basis
gross

Resource Data

Category
measured
Tonnes
300000
Grade
2.76
Grade Unit
g/t
Contained Metal
26.6
Contained Unit
koz
Cutoff Grade
0.15
Cutoff Unit
g/t

Prior Estimate

Resource Date
2015-06-16

Metal Equivalent

Assumptions Disclosed
No

Lab

Laboratory
ALS Chemex

Review

Needs Review
No
Historical
No

Dates

Event date
2015-11-03T00:00:00.000Z

Reasoning: This Measured resource for heap leach processing includes a silver component but has a small tonnage and low grade.

Positive factors

  • High confidence Measured category
  • NI 43-101 compliant
  • QP signed

Negative factors

  • Low silver grade
  • Small tonnage

Evidence · text

“2.76 g/t silver, containing 26.6k ounces of silver”

Tags used in scoring

Measured Resourcepositive

Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

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

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

indicatedNorth Bullfrog Project · goldTonnes: 22860000Grade: 0.3Grade Unit: g/tContained Metal: 220.5Contained Unit: kozView all details
Link to this fact

Identity

Project
North Bullfrog Project
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
KOR

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Jeffrey A. Pontius, Carl E. Brechtel
Resource group id
resource:8ea52fc71cc575c91c7e
Material type
oxide
Ownership percent
100 %
Resource basis
gross

Resource Data

Category
indicated
Tonnes
22860000
Grade
0.3
Grade Unit
g/t
Contained Metal
220.5
Contained Unit
koz
Cutoff Grade
0.15
Cutoff Unit
g/t

Prior Estimate

Resource Date
2015-06-16

Metal Equivalent

Assumptions Disclosed
No

Lab

Laboratory
ALS Chemex

Review

Needs Review
No
Historical
No

Dates

Event date
2015-11-03T00:00:00.000Z

Reasoning: This Indicated resource for heap leach processing provides good confidence but has a weak gold grade.

Positive factors

  • Indicated category provides good confidence
  • NI 43-101 compliant
  • QP signed

Negative factors

  • Weak gold grade for open pit heap leach

Evidence · text

“indicated mineral resource of 22.86 Mt at an average grade of 0.30 g/t gold and 0.43 g/t silver, containing 220.5k ounces of gold”

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 Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

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

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

indicatedNorth Bullfrog Project · silverTonnes: 22860000Grade: 0.43Grade Unit: g/tContained Metal: 316.1Contained Unit: kozView all details
Link to this fact

Identity

Project
North Bullfrog Project
Commodity
silver
Region
usa_nv
Reported Region
Nevada
Ticker
KOR

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Jeffrey A. Pontius, Carl E. Brechtel
Resource group id
resource:8ea52fc71cc575c91c7e
Material type
oxide
Ownership percent
100 %
Resource basis
gross

Resource Data

Category
indicated
Tonnes
22860000
Grade
0.43
Grade Unit
g/t
Contained Metal
316.1
Contained Unit
koz
Cutoff Grade
0.15
Cutoff Unit
g/t

Prior Estimate

Resource Date
2015-06-16

Metal Equivalent

Assumptions Disclosed
No

Lab

Laboratory
ALS Chemex

Review

Needs Review
No
Historical
No

Dates

Event date
2015-11-03T00:00:00.000Z

Reasoning: This Indicated resource for heap leach processing includes a silver component but has a very low grade.

Positive factors

  • Indicated category provides good confidence
  • NI 43-101 compliant
  • QP signed

Negative factors

  • Very low silver grade

Evidence · text

“0.43 g/t silver, containing 316.1k ounces of silver”

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 Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

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

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

inferredNorth Bullfrog Project · goldTonnes: 176300000Grade: 0.19Grade Unit: g/tContained Metal: 1077.4Contained Unit: kozView all details
Link to this fact

Identity

Project
North Bullfrog Project
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
KOR

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Jeffrey A. Pontius, Carl E. Brechtel
Resource group id
resource:a9dc80dcbf3b9e9af88c
Material type
oxide
Ownership percent
100 %
Resource basis
gross

Resource Data

Category
inferred
Tonnes
176300000
Grade
0.19
Grade Unit
g/t
Contained Metal
1077.4
Contained Unit
koz
Cutoff Grade
0.15
Cutoff Unit
g/t

Prior Estimate

Resource Date
2015-06-16

Metal Equivalent

Assumptions Disclosed
No

Lab

Laboratory
ALS Chemex

Review

Needs Review
No
Historical
No

Dates

Event date
2015-11-03T00:00:00.000Z

Reasoning: This large Inferred resource for heap leach processing provides significant exploration upside but has lower confidence and marginal gold grade.

Positive factors

  • Large tonnage
  • NI 43-101 compliant
  • QP signed

Negative factors

  • Inferred category has lower confidence
  • Marginal gold grade for open pit heap leach

Evidence · text

“inferred mineral resource of 176.3 Mt at an average grade of 0.19 g/t gold and 0.67 g/t silver, containing 1,077.4k ounces of gold”

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 Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

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

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

inferredNorth Bullfrog Project · silverTonnes: 176300000Grade: 0.67Grade Unit: g/tContained Metal: 3799.2Contained Unit: kozView all details
Link to this fact

Identity

Project
North Bullfrog Project
Commodity
silver
Region
usa_nv
Reported Region
Nevada
Ticker
KOR

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Jeffrey A. Pontius, Carl E. Brechtel
Resource group id
resource:a9dc80dcbf3b9e9af88c
Material type
oxide
Ownership percent
100 %
Resource basis
gross

Resource Data

Category
inferred
Tonnes
176300000
Grade
0.67
Grade Unit
g/t
Contained Metal
3799.2
Contained Unit
koz
Cutoff Grade
0.15
Cutoff Unit
g/t

Prior Estimate

Resource Date
2015-06-16

Metal Equivalent

Assumptions Disclosed
No

Lab

Laboratory
ALS Chemex

Review

Needs Review
No
Historical
No

Dates

Event date
2015-11-03T00:00:00.000Z

Reasoning: This large Inferred resource for heap leach processing includes a silver component but has lower confidence and a very low grade.

Positive factors

  • Large tonnage
  • NI 43-101 compliant
  • QP signed

Negative factors

  • Inferred category has lower confidence
  • Very low silver grade

Evidence · text

“0.67 g/t silver, containing 3,799.2k ounces of silver”

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 Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

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

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

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.