Discovery-Corp and Scramble Report Drill Results Confirming Near-Surface Mineralization at NewFind, including 21.70 g/t Au Over 1.00 m and Provide Transaction Update

Original announcement by tmx on

Company
Discovery-Corp Enterprises Inc.
Ticker
DCY
Exchange
TSX
Region
Western Australia
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Drill results, Agreement transaction
Extracted
2026-09-15 19:27:01 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Discovery-Corp and Scramble Resources reported encouraging drill results from the NewFind Gold Project in Western Australia, including high-grade gold intercepts such as 31.40 g/t over 0.78 m. The results confirm near-surface mineralization at the Clifford target. The company also provided an update on the pending reverse takeover transaction between Discovery and Scramble.

Reasoning: Drill results confirm high-grade gold intercepts (up to 57.75 g/t) at the NewFind project, supporting the exploration thesis, though the corporate transaction is still pending approval.

Positive factors

  • High-grade gold intercepts confirmed
  • Continuity of mineralization demonstrated
  • QA/QC protocols disclosed

Negative factors

  • Transaction status remains subject to regulatory approval

Facts used in scoring: 5

Classification and evidence

QA/QC Disclosedpositive

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

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

Evidence · text

“All drill core samples were dispatched to Bureau Veritas... Certified Reference Materials are inserted”

Extracted facts

Stored fact records: 5. Some facts used in scoring do not have a stored record.

Drill Results (5)

21LNDD005NewFind · goldGrade: 57.75Grade Unit: g/tIntercept: 0.48 mView all details
Link to this fact

Identity

Hole ID
21LNDD005
Project
NewFind
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
DCY

Geometry

Grade
57.75
Grade Unit
g/t
Intercept
0.48 m

Classification

Program
exploration
Sample Type
drill
Group ID
21LNDD005:null-null
Mining Method
unknown

Location

Location
Clifford
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-05-29T00:00:00.000Z

Reasoning: 57.75 g/t gold over 0.48 m is an exceptionally high-grade intercept for this project type.

Positive factors

  • Bonanza grade intercept

Evidence · text

“0.48 m of 57.75 grams per tonne ('g/t') gold”

Tags used in scoring

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Rejected tags

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

Bonanza InterceptRejected · positive

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

Reason: 57.75 g/t gold is exceptionally high grade.

Evidence · text

“57.75 grams per tonne ('g/t') gold”

QA/QC DisclosedRejected · positive

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

Reason: Release mentions Bureau Veritas, certified reference materials, and NI 43-101 compliance.

Evidence · text

“All drill core samples were dispatched to Bureau Veritas... Certified Reference Materials are inserted”
21LNDD005NewFind · goldGrade: 21.7Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
21LNDD005
Project
NewFind
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
DCY

Geometry

Grade
21.7
Grade Unit
g/t
Intercept
1 m

Classification

Program
exploration
Sample Type
drill
Group ID
21LNDD005:null-null
Mining Method
unknown

Location

Location
Clifford
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-05-29T00:00:00.000Z

Reasoning: 21.7 g/t gold over 1.0 m is a strong intercept.

Positive factors

  • Strong gold grade

Evidence · text

“1.00 m of 21.70 g/t gold”

Tags used in scoring

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Rejected tags

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

QA/QC DisclosedRejected · positive

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

Reason: Release mentions Bureau Veritas, certified reference materials, and NI 43-101 compliance.

Evidence · text

“All drill core samples were dispatched to Bureau Veritas... Certified Reference Materials are inserted”
21LNDD005NewFind · goldGrade: 0.48Grade Unit: g/tIntercept: 2.95 mView all details
Link to this fact

Identity

Hole ID
21LNDD005
Project
NewFind
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
DCY

Geometry

Grade
0.48
Grade Unit
g/t
Intercept
2.95 m

Classification

Program
exploration
Sample Type
drill
Group ID
21LNDD005:null-null
Mining Method
unknown

Location

Location
Clifford
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-05-29T00:00:00.000Z

Reasoning: 2.95 m at 0.48 g/t is a low-grade anomalous interval.

Positive factors

  • Anomalous interval

Evidence · text

“2.95 m anomalous interval with 0.48 m of 57.75 grams per tonne ('g/t') gold”

Tags used in scoring

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Rejected tags

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

QA/QC DisclosedRejected · positive

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

Reason: Release mentions Bureau Veritas, certified reference materials, and NI 43-101 compliance.

Evidence · text

“All drill core samples were dispatched to Bureau Veritas... Certified Reference Materials are inserted”
21LNDD009NewFind · goldGrade: 31.4Grade Unit: g/tIntercept: 0.78 mView all details
Link to this fact

Identity

Hole ID
21LNDD009
Project
NewFind
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
DCY

Geometry

Grade
31.4
Grade Unit
g/t
Intercept
0.78 m

Classification

Program
exploration
Sample Type
drill
Group ID
21LNDD009:null-null
Mining Method
unknown

Location

Location
Clifford
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-05-29T00:00:00.000Z

Reasoning: 31.4 g/t gold over 0.78 m is a high-grade intercept.

Positive factors

  • High-grade core

Evidence · text

“0.78 m at 31.40 g/t gold”

Tags used in scoring

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Rejected tags

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

QA/QC DisclosedRejected · positive

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

Reason: Release mentions Bureau Veritas, certified reference materials, and NI 43-101 compliance.

Evidence · text

“All drill core samples were dispatched to Bureau Veritas... Certified Reference Materials are inserted”
21LNDD009NewFind · goldGrade: 0.78Grade Unit: g/tIntercept: 5.15 mView all details
Link to this fact

Identity

Hole ID
21LNDD009
Project
NewFind
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
DCY

Geometry

Grade
0.78
Grade Unit
g/t
Intercept
5.15 m

Classification

Program
exploration
Sample Type
drill
Group ID
21LNDD009:null-null
Mining Method
unknown

Location

Location
Clifford
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-05-29T00:00:00.000Z

Reasoning: 5.15 m at 0.78 g/t is a low-grade anomalous interval.

Positive factors

  • Anomalous interval

Evidence · text

“5.15 m anomalous gold interval hosting a high-grade core of 0.78 m at 31.40 g/t gold”

Tags used in scoring

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Rejected tags

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

QA/QC DisclosedRejected · positive

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

Reason: Release mentions Bureau Veritas, certified reference materials, and NI 43-101 compliance.

Evidence · text

“All drill core samples were dispatched to Bureau Veritas... Certified Reference Materials are inserted”

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.