Desert Gold Preliminary Economic Assessment ("PEA") Progress Update for SMSZ Project in West Mali, Africa

Original announcement by tmx on

Company
Desert Gold Ventures Inc.
Ticker
DAU
Exchange
TSX
Region
West Mali
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Drill results, Resource update, Metallurgy
Extracted
2026-09-15 19:28:19 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Desert Gold has provided a progress update on its PEA for the SMSZ Project, reporting positive metallurgical drill assay results from the Barani East, Gourbassi West, and Gourbassi West North zones. The company is preparing an initial resource estimate for Gourbassi West North and has commenced metallurgical testing to support the upcoming PEA.

Reasoning: The release reports positive metallurgical drill results with unexpected grade extensions and announces progress toward a new resource estimate for Gourbassi West North.

Positive factors

  • unexpected zone extensions
  • higher grades than expected at Barani East
  • potential new resource at Gourbassi West North

Negative factors

  • 1.5m core missing in BE-MET4

Facts used in scoring: 17

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: Don Dudek, P.Geo. (Qualified Person) has reviewed and approved the scientific and technical information.

Evidence · text

“Don Dudek, P.Geo. a director of Desert Gold and a Qualified Person under National Instrument 43-101, has reviewed and approved the scientific and technical information”

Maiden Resourceneutral

First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component. No prior estimate exists, so every change band is not applicable.

Why it applies: The company is preparing an initial resource estimate for the Gourbassi West North zone.

Evidence · text

“An initial resource estimate will be prepared for Gourbassi West North”

Heap Leach Routeneutral

Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.

Why it applies: the document describes a heap_leach route ("heap leach")

Extracted facts

Stored fact records: 17. Some facts used in scoring do not have a stored record.

Drill Results (17)

BE-MET2SMSZ · goldGrade: 2.61Grade Unit: g/tIntercept: 14 mView all details
Link to this fact

Identity

Hole ID
BE-MET2
Project
SMSZ
Commodity
gold
Region
mali
Reported Region
mali
Ticker
DAU

Geometry

Grade
2.61
Grade Unit
g/t
Intercept
14 m
From
41 m
To
55 m
Intercept Depth
41 m

Classification

Program
mixed
Sample Type
drill
Group ID
BE-MET2:41-55

Location

Location
North Zone
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-08-01T00:00:00.000Z

Reasoning: Moderate grade intercept in oxide zone.

Evidence · text

“BE-MET2 - 2.61 g/t Au over 14 metres from 41 metres - oxide”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not 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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

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: "We look forward to providing additional guidance soon." Summarized assay composites are presented below from the recentl"

BE-MET3SMSZ · goldGrade: 3.54Grade Unit: g/tIntercept: 10.15 mView all details
Link to this fact

Identity

Hole ID
BE-MET3
Project
SMSZ
Commodity
gold
Region
mali
Reported Region
mali
Ticker
DAU

Geometry

Grade
3.54
Grade Unit
g/t
Intercept
10.15 m
From
123.5 m
To
133.65 m
Intercept Depth
123.5 m

Classification

Program
mixed
Sample Type
drill
Group ID
BE-MET3:123.5-133.65

Location

Location
North Zone
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-08-01T00:00:00.000Z

Reasoning: Strong grade intercept in oxide zone.

Evidence · text

“BE-MET3 - 3.54 g/t Au over 10.15 metres from 123.5 metres - oxide”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not 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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

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: "We look forward to providing additional guidance soon." Summarized assay composites are presented below from the recentl"

BE-MET4SMSZ · goldGrade: 0.72Grade Unit: g/tIntercept: 4.5 mView all details
Link to this fact

Identity

Hole ID
BE-MET4
Project
SMSZ
Commodity
gold
Region
mali
Reported Region
mali
Ticker
DAU

Geometry

Grade
0.72
Grade Unit
g/t
Intercept
4.5 m
From
69.5 m
To
74 m
Intercept Depth
69.5 m

Classification

Program
mixed
Sample Type
drill
Group ID
BE-MET4:69.5-74

Location

Location
North Zone
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-08-01T00:00:00.000Z

Reasoning: Low grade intercept with missing core reported.

Negative factors

  • core missing

Evidence · text

“BE-MET4 - 0.72 g/t Au over 4.5 metres from 69.5 metres - oxide, 1.5 metres of core missing from zone”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not 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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

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: "We look forward to providing additional guidance soon." Summarized assay composites are presented below from the recentl"

BE-MET4SMSZ · goldGrade: 1.32Grade Unit: g/tIntercept: 13.5 mView all details
Link to this fact

Identity

Hole ID
BE-MET4
Project
SMSZ
Commodity
gold
Region
mali
Reported Region
mali
Ticker
DAU

Geometry

Grade
1.32
Grade Unit
g/t
Intercept
13.5 m
From
79 m
To
92.5 m
Intercept Depth
79 m

Classification

Program
mixed
Sample Type
drill
Group ID
BE-MET4:79-92.5

Location

Location
North Zone
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-08-01T00:00:00.000Z

Reasoning: Good grade intercept in oxide zone.

Positive factors

  • extra mineralization

Evidence · text

“BE-MET4 - 1.32 g/t Au over 13.5 metres from 79 meters - oxide, extra mineralization”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not 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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

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: "We look forward to providing additional guidance soon." Summarized assay composites are presented below from the recentl"

BE-MET5SMSZ · goldGrade: 0.65Grade Unit: g/tIntercept: 8.45 mView all details
Link to this fact

Identity

Hole ID
BE-MET5
Project
SMSZ
Commodity
gold
Region
mali
Reported Region
mali
Ticker
DAU

Geometry

Grade
0.65
Grade Unit
g/t
Intercept
8.45 m
From
67 m
To
75.45 m
Intercept Depth
67 m

Classification

Program
mixed
Sample Type
drill
Group ID
BE-MET5:67-75.45

Location

Location
North Zone
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-08-01T00:00:00.000Z

Reasoning: Low grade intercept in oxide zone.

Evidence · text

“BE-MET5 - 0.65 g/t Au over 8.45 metres from 67 metres - oxide”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not 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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

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: "We look forward to providing additional guidance soon." Summarized assay composites are presented below from the recentl"

BE-MET5SMSZ · goldGrade: 1.05Grade Unit: g/tIntercept: 6 mView all details
Link to this fact

Identity

Hole ID
BE-MET5
Project
SMSZ
Commodity
gold
Region
mali
Reported Region
mali
Ticker
DAU

Geometry

Grade
1.05
Grade Unit
g/t
Intercept
6 m
From
104 m
To
110 m
Intercept Depth
104 m

Classification

Program
mixed
Sample Type
drill
Group ID
BE-MET5:104-110

Location

Location
North Zone
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-08-01T00:00:00.000Z

Reasoning: Moderate grade intercept in oxide/transition zone.

Positive factors

  • extra mineralization

Evidence · text

“BE-MET5 - 1.05 g/t Au over 6.0 metres from 104 metres - oxide/transition, extra mineralization”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not 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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

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: "We look forward to providing additional guidance soon." Summarized assay composites are presented below from the recentl"

BE-MET6SMSZ · goldGrade: 0.97Grade Unit: g/tIntercept: 5 mView all details
Link to this fact

Identity

Hole ID
BE-MET6
Project
SMSZ
Commodity
gold
Region
mali
Reported Region
mali
Ticker
DAU

Geometry

Grade
0.97
Grade Unit
g/t
Intercept
5 m
From
20 m
To
25 m
Intercept Depth
20 m

Classification

Program
mixed
Sample Type
drill
Group ID
BE-MET6:20-25

Location

Location
North Zone
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-08-01T00:00:00.000Z

Reasoning: Low grade intercept in oxide zone.

Evidence · text

“BE-MET6 - 0.97 g/t Au over 5 metres from 20 metres - oxide”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not 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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

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: "We look forward to providing additional guidance soon." Summarized assay composites are presented below from the recentl"

FR-MET5SMSZ · goldGrade: 0.72Grade Unit: g/tIntercept: 21.9 mView all details
Link to this fact

Identity

Hole ID
FR-MET5
Project
SMSZ
Commodity
gold
Region
mali
Reported Region
mali
Ticker
DAU

Geometry

Grade
0.72
Grade Unit
g/t
Intercept
21.9 m
From
3.4 m
To
25.3 m
Intercept Depth
3.4 m

Classification

Program
mixed
Sample Type
drill
Group ID
FR-MET5:3.4-25.3

Location

Location
North Zone
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-08-01T00:00:00.000Z

Reasoning: Wide low-grade intercept in transition zone.

Evidence · text

“FR-MET5 - 0.72 g/t Au over 21.9 metres from 3.4 metres - transition”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not 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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

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: "We look forward to providing additional guidance soon." Summarized assay composites are presented below from the recentl"

FR-MET5SMSZ · goldGrade: 1.18Grade Unit: g/tIntercept: 24.6 mView all details
Link to this fact

Identity

Hole ID
FR-MET5
Project
SMSZ
Commodity
gold
Region
mali
Reported Region
mali
Ticker
DAU

Geometry

Grade
1.18
Grade Unit
g/t
Intercept
24.6 m
From
35.4 m
To
60 m
Intercept Depth
35.4 m

Classification

Program
mixed
Sample Type
drill
Group ID
FR-MET5:35.4-60

Location

Location
North Zone
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-08-01T00:00:00.000Z

Reasoning: Wide moderate-grade intercept in fresh rock.

Evidence · text

“FR-MET5 - 1.18 g/t Au over 24.6 metres from 35.4 metres - fresh rock”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not 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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

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: "We look forward to providing additional guidance soon." Summarized assay composites are presented below from the recentl"

FR-MET6SMSZ · goldGrade: 0.7Grade Unit: g/tIntercept: 8.5 mView all details
Link to this fact

Identity

Hole ID
FR-MET6
Project
SMSZ
Commodity
gold
Region
mali
Reported Region
mali
Ticker
DAU

Geometry

Grade
0.7
Grade Unit
g/t
Intercept
8.5 m
From
6 m
To
14.5 m
Intercept Depth
6 m

Classification

Program
mixed
Sample Type
drill
Group ID
FR-MET6:6-14.5

Location

Location
North Zone
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-08-01T00:00:00.000Z

Reasoning: Low grade intercept in transition zone.

Evidence · text

“FR-MET6 - 0.70 g/t Au over 8.5 metres from 6.0 metres- transition”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not 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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

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: "We look forward to providing additional guidance soon." Summarized assay composites are presented below from the recentl"

FR-MET6SMSZ · goldGrade: 1.84Grade Unit: g/tIntercept: 23.5 mView all details
Link to this fact

Identity

Hole ID
FR-MET6
Project
SMSZ
Commodity
gold
Region
mali
Reported Region
mali
Ticker
DAU

Geometry

Grade
1.84
Grade Unit
g/t
Intercept
23.5 m
From
17 m
To
40.5 m
Intercept Depth
17 m

Classification

Program
mixed
Sample Type
drill
Group ID
FR-MET6:17-40.5

Location

Location
North Zone
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-08-01T00:00:00.000Z

Reasoning: Wide moderate-grade intercept in fresh rock.

Evidence · text

“FR-MET6 - 1.84 g/t Au over 23.5 metres from 17 metres - mostly fresh rock”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not 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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

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: "We look forward to providing additional guidance soon." Summarized assay composites are presented below from the recentl"

FR-MET7SMSZ · goldGrade: 0.9Grade Unit: g/tIntercept: 33.6 mView all details
Link to this fact

Identity

Hole ID
FR-MET7
Project
SMSZ
Commodity
gold
Region
mali
Reported Region
mali
Ticker
DAU

Geometry

Grade
0.9
Grade Unit
g/t
Intercept
33.6 m
From
6.8 m
To
40.4 m
Intercept Depth
6.8 m

Classification

Program
mixed
Sample Type
drill
Group ID
FR-MET7:6.8-40.4

Location

Location
North Zone
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-08-01T00:00:00.000Z

Reasoning: Very wide low-grade intercept in mixed zone.

Evidence · text

“FR-MET7 - 0.90 g/t Au over 33.6 metres from 6.8 metres - mix of oxide and weathered fresh”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not 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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

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: "We look forward to providing additional guidance soon." Summarized assay composites are presented below from the recentl"

FR-MET1SMSZ · goldGrade: 6.62Grade Unit: g/tIntercept: 12 mView all details
Link to this fact

Identity

Hole ID
FR-MET1
Project
SMSZ
Commodity
gold
Region
mali
Reported Region
mali
Ticker
DAU

Geometry

Grade
6.62
Grade Unit
g/t
Intercept
12 m
From
2 m
To
14 m
Intercept Depth
2 m

Classification

Program
mixed
Sample Type
drill
Group ID
FR-MET1:2-14

Location

Location
North Zone
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-08-01T00:00:00.000Z

Reasoning: Strong grade intercept in oxide zone.

Evidence · text

“FR-MET1 - 6.62 g/t Au over 12 metres from 2 metres - oxide”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not 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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

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: "We look forward to providing additional guidance soon." Summarized assay composites are presented below from the recentl"

FR-MET1SMSZ · goldGrade: 12.93Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
FR-MET1
Project
SMSZ
Commodity
gold
Region
mali
Reported Region
mali
Ticker
DAU

Geometry

Grade
12.93
Grade Unit
g/t
Intercept
1 m
From
47 m
To
48 m
Intercept Depth
47 m

Classification

Program
mixed
Sample Type
drill
Group ID
FR-MET1:47-48

Location

Location
North Zone
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-08-01T00:00:00.000Z

Reasoning: High grade intercept in fresh rock.

Evidence · text

“FR-MET1 - 12.93 g/t Au over 1 metre from 47 metres - fresh rock”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not 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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

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: "We look forward to providing additional guidance soon." Summarized assay composites are presented below from the recentl"

FR-MET2SMSZ · goldGrade: 0.47Grade Unit: g/tIntercept: 15.5 mView all details
Link to this fact

Identity

Hole ID
FR-MET2
Project
SMSZ
Commodity
gold
Region
mali
Reported Region
mali
Ticker
DAU

Geometry

Grade
0.47
Grade Unit
g/t
Intercept
15.5 m
From
47 m
To
62.5 m
Intercept Depth
47 m

Classification

Program
mixed
Sample Type
drill
Group ID
FR-MET2:47-62.5

Location

Location
North Zone
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-08-01T00:00:00.000Z

Reasoning: Low grade intercept in oxide zone.

Evidence · text

“FR-MET2 - 0.47 g/t Au over 15.5 metres from 47 metres - oxide”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not 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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

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: "We look forward to providing additional guidance soon." Summarized assay composites are presented below from the recentl"

FR-MET3SMSZ · goldGrade: 0.33Grade Unit: g/tIntercept: 14 mView all details
Link to this fact

Identity

Hole ID
FR-MET3
Project
SMSZ
Commodity
gold
Region
mali
Reported Region
mali
Ticker
DAU

Geometry

Grade
0.33
Grade Unit
g/t
Intercept
14 m
From
5 m
To
19 m
Intercept Depth
5 m

Classification

Program
mixed
Sample Type
drill
Group ID
FR-MET3:5-19

Location

Location
North Zone
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-08-01T00:00:00.000Z

Reasoning: Low grade intercept in oxide zone.

Evidence · text

“FR-MET3 - 0.33 g/t Au over 14 metres from 5 metres - oxide”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not 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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

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: "We look forward to providing additional guidance soon." Summarized assay composites are presented below from the recentl"

FR-MET4SMSZ · goldGrade: 0.51Grade Unit: g/tIntercept: 36 mView all details
Link to this fact

Identity

Hole ID
FR-MET4
Project
SMSZ
Commodity
gold
Region
mali
Reported Region
mali
Ticker
DAU

Geometry

Grade
0.51
Grade Unit
g/t
Intercept
36 m
From
2 m
To
38 m
Intercept Depth
2 m

Classification

Program
mixed
Sample Type
drill
Group ID
FR-MET4:2-38

Location

Location
North Zone
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-08-01T00:00:00.000Z

Reasoning: Wide low-grade intercept in oxide zone.

Evidence · text

“FR-MET4 - 0.51 g/t Au over 36 metres from 2 metres - oxide”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not 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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

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: "We look forward to providing additional guidance soon." Summarized assay composites are presented below from the recentl"

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.