ENTRÉE RESOURCES ANNOUNCES PARTIAL DRILL RESULTS FOR HUGO NORTH EXTENSION AND PROVIDES UPDATE ON UNDERGROUND DEVELOPMENT WORK

Original announcement by tmx on

Company
Entrée Resources Ltd.
Ticker
ETG
Exchange
TSX
Region
Mongolia
Primary commodity
Copper
Secondary commodities
Gold, Silver, Molybdenum
Document categories
Drill results, Other
Extracted
2026-09-13 23:03:59 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Entrée Resources announced strong partial drill results from the 2022 program at its Hugo North Extension deposit in Mongolia, with notable intercepts including 274m at 2.79% CuEq and 300m at 3.46% CuEq. These results, the first from HNE since 2011, confirm significant copper and gold grades and will be incorporated into an updated resource estimate. The company also reported that underground development work on the Entrée/Oyu Tolgoi JV Property is scheduled to commence in H2 2024, marking a significant milestone for the project.

Reasoning: The announcement reports strong partial drill results from the Hugo North Extension, confirming significant copper and gold grades over long intercepts, which will feed into an updated resource estimate. The commencement of underground development work on the Entrée/Oyu Tolgoi JV Property further de-risks the project, despite many assay results still pending and some holes having 0% true width.

Positive factors

  • High copper equivalent grades (UGD583A: 274m @ 2.79% CuEq; UGD586: 300m @ 3.46% CuEq)
  • Significant intercept lengths, confirming continuity of mineralization
  • First drill results from HNE since 2011, providing new data
  • Drilling designed to support future resource estimate updates and technical studies
  • Commencement of underground development work on the JV property, indicating project advancement
  • Detailed metal equivalent assumptions disclosed, enhancing transparency
  • Comprehensive QA/QC procedures and Qualified Person sign-off

Negative factors

  • Only partial results from the 2022 program, with many assays still pending
  • True width is stated as 0% for some reported holes (UGD582A, UGD584A), potentially overstating apparent length
  • Drilling had a mixed purpose, including geotechnical/structural, not solely resource definition

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

Facts used in scoring: 15

Classification and evidence

Bonanza Interceptpositive

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

Why it applies: The intercept of 144m at 4.12% CuEq is exceptionally high-grade for a porphyry deposit, well above the exceptional threshold.

Evidence · table

“4.12”

Context: 144

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: True width is stated as 64% and 67% of drilled width for UGD583A and UGD586 respectively, providing important geological context.

Evidence · table

“64%”

Context: UGD583A

Apparent Width Onlynegative

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

Why it applies: True width is stated as 0% of drilled width for UGD582A and UGD584A, indicating the reported length is apparent only and may overstate true thickness.

Evidence · table

“0%”

Context: UGD 582A

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 regular insertion of standards, blanks, and duplicates, and mentions a QP sign-off and an independent certified laboratory (SGS).

Evidence · text

“OTLLC follows a rigorous quality assurance/quality control (QAQC) program for the sampling programs that includes the regular insertion of standards, blanks and duplicates into the sample stream. The scientific and technical information that forms the basis for parts of this press release was reviewed and approved by Robert Cinits (P.Geo.), who is a Qualified Person ("QP") as defined by National Instrument 43-101.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling program aims to increase drill hole density and will be incorporated into an updated resource estimate, indicating an infill or resource definition purpose.

Evidence · text

“The drilling program increases the drill hole density at HNE and these holes will be incorporated into the next updated resource estimate.”

Extracted facts

Stored fact records: 15. Some facts used in scoring do not have a stored record.

Drill Results (15)

UGD582AHugo North Extension · goldGrade: 0.02Grade Unit: ppmIntercept: 257 mView all details
Link to this fact

Identity

Hole ID
UGD582A
Project
Hugo North Extension
Commodity
gold
Region
mongolia
Reported Region
mongolia
Ticker
ETG

Geometry

Grade
0.02
Grade Unit
ppm
Intercept
257 m
True Width
0 m
From
139 m
To
396 m
Hole Depth
400 m
Intercept Depth
139 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
UGD582A:139-396
Mining Method
underground

Location

Easting
652175.9
Northing
4768020
CRS
UTM NAD83 Zone 18
Elevation
-76.3 m
Azimuth
32 °
Dip
-27 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Metal Eq. Grade
0.6
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-28T00:00:00.000Z

Reasoning: This intercept shows a significant length but very low gold grade, and the true width is 0%, which reduces its individual materiality. However, it contributes to the overall understanding of the deposit and is part of a program supporting future resource updates.

Positive factors

  • Significant intercept length
  • First results from HNE since 2011
  • Part of a program supporting resource updates

Negative factors

  • Low gold grade
  • True width is 0%, indicating the reported length is apparent only

Evidence · table

“0.02”

Context: 257

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

UGD582AHugo North Extension · copperGrade: 0.58Grade Unit: %Intercept: 257 mView all details
Link to this fact

Identity

Hole ID
UGD582A
Project
Hugo North Extension
Commodity
copper
Region
mongolia
Reported Region
mongolia
Ticker
ETG

Geometry

Grade
0.58
Grade Unit
%
Intercept
257 m
True Width
0 m
From
139 m
To
396 m
Hole Depth
400 m
Intercept Depth
139 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
UGD582A:139-396
Mining Method
underground

Location

Easting
652175.9
Northing
4768020
CRS
UTM NAD83 Zone 18
Elevation
-76.3 m
Azimuth
32 °
Dip
-27 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Metal Eq. Grade
0.6
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-28T00:00:00.000Z

Reasoning: This intercept shows a significant length with a moderate copper grade for a porphyry deposit. While the true width is 0%, it contributes to the overall understanding of the deposit and is part of a program supporting future resource updates.

Positive factors

  • Significant intercept length
  • Copper grade is moderate for a porphyry deposit
  • First results from HNE since 2011
  • Part of a program supporting resource updates

Negative factors

  • True width is 0%, indicating the reported length is apparent only

Evidence · table

“0.58”

Context: 257

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

UGD582AHugo North Extension · silverGrade: 1.4Grade Unit: ppmIntercept: 257 mView all details
Link to this fact

Identity

Hole ID
UGD582A
Project
Hugo North Extension
Commodity
silver
Region
mongolia
Reported Region
mongolia
Ticker
ETG

Geometry

Grade
1.4
Grade Unit
ppm
Intercept
257 m
True Width
0 m
From
139 m
To
396 m
Hole Depth
400 m
Intercept Depth
139 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
UGD582A:139-396
Mining Method
underground

Location

Easting
652175.9
Northing
4768020
CRS
UTM NAD83 Zone 18
Elevation
-76.3 m
Azimuth
32 °
Dip
-27 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Metal Eq. Grade
0.6
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-28T00:00:00.000Z

Reasoning: This intercept shows a significant length but low silver grade, and the true width is 0%, which reduces its individual materiality. However, it contributes to the overall understanding of the deposit and is part of a program supporting future resource updates.

Positive factors

  • Significant intercept length
  • First results from HNE since 2011
  • Part of a program supporting resource updates

Negative factors

  • Low silver grade
  • True width is 0%, indicating the reported length is apparent only

Evidence · table

“1.40”

Context: 257

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

UGD583AHugo North Extension · goldGrade: 0.73Grade Unit: ppmIntercept: 274 mView all details
Link to this fact

Identity

Hole ID
UGD583A
Project
Hugo North Extension
Commodity
gold
Region
mongolia
Reported Region
mongolia
Ticker
ETG

Geometry

Grade
0.73
Grade Unit
ppm
Intercept
274 m
True Width
175.36 m
From
184 m
To
458 m
Hole Depth
600 m
Intercept Depth
184 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
UGD583A:184-458
Mining Method
underground

Location

Easting
652170.4
Northing
4768021
CRS
UTM NAD83 Zone 18
Elevation
-76.3 m
Azimuth
324 °
Dip
-47 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Metal Eq. Grade
2.79
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-28T00:00:00.000Z

Reasoning: This intercept shows a significant length with a strong gold grade and disclosed true width, making it a material result. It is one of the first results from HNE since 2011 and will contribute to an updated resource estimate.

Positive factors

  • Significant intercept length
  • Strong gold grade for a porphyry deposit
  • True width disclosed
  • First results from HNE since 2011
  • Part of a program supporting resource updates

Evidence · table

“0.73”

Context: 274

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 175.36

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

UGD583AHugo North Extension · copperGrade: 2.36Grade Unit: %Intercept: 274 mView all details
Link to this fact

Identity

Hole ID
UGD583A
Project
Hugo North Extension
Commodity
copper
Region
mongolia
Reported Region
mongolia
Ticker
ETG

Geometry

Grade
2.36
Grade Unit
%
Intercept
274 m
True Width
175.36 m
From
184 m
To
458 m
Hole Depth
600 m
Intercept Depth
184 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
UGD583A:184-458
Mining Method
underground

Location

Easting
652170.4
Northing
4768021
CRS
UTM NAD83 Zone 18
Elevation
-76.3 m
Azimuth
324 °
Dip
-47 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Metal Eq. Grade
2.79
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-28T00:00:00.000Z

Reasoning: This intercept shows an exceptional copper grade over a significant length with disclosed true width, making it a highly material result. It is one of the first results from HNE since 2011 and will contribute to an updated resource estimate.

Positive factors

  • Exceptional copper grade for a porphyry deposit
  • Significant intercept length
  • True width disclosed
  • First results from HNE since 2011
  • Part of a program supporting resource updates

Evidence · table

“2.36”

Context: 274

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 175.36

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

UGD583AHugo North Extension · silverGrade: 5.33Grade Unit: ppmIntercept: 274 mView all details
Link to this fact

Identity

Hole ID
UGD583A
Project
Hugo North Extension
Commodity
silver
Region
mongolia
Reported Region
mongolia
Ticker
ETG

Geometry

Grade
5.33
Grade Unit
ppm
Intercept
274 m
True Width
175.36 m
From
184 m
To
458 m
Hole Depth
600 m
Intercept Depth
184 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
UGD583A:184-458
Mining Method
underground

Location

Easting
652170.4
Northing
4768021
CRS
UTM NAD83 Zone 18
Elevation
-76.3 m
Azimuth
324 °
Dip
-47 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Metal Eq. Grade
2.79
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-28T00:00:00.000Z

Reasoning: This intercept shows a significant length with a moderate silver grade and disclosed true width. It is one of the first results from HNE since 2011 and will contribute to an updated resource estimate.

Positive factors

  • Significant intercept length
  • Moderate silver grade
  • True width disclosed
  • First results from HNE since 2011
  • Part of a program supporting resource updates

Evidence · table

“5.33”

Context: 274

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 175.36

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

UGD584AHugo North Extension · goldGrade: 0.03Grade Unit: ppmIntercept: 199 mView all details
Link to this fact

Identity

Hole ID
UGD584A
Project
Hugo North Extension
Commodity
gold
Region
mongolia
Reported Region
mongolia
Ticker
ETG

Geometry

Grade
0.03
Grade Unit
ppm
Intercept
199 m
True Width
0 m
From
176 m
To
375 m
Hole Depth
375 m
Intercept Depth
176 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
UGD584A:176-375
Mining Method
underground

Location

Easting
652176.5
Northing
4768019
CRS
UTM NAD83 Zone 18
Elevation
-76.3 m
Azimuth
35 °
Dip
-43 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Metal Eq. Grade
0.65
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-28T00:00:00.000Z

Reasoning: This intercept shows a significant length but very low gold grade, and the true width is 0%, which reduces its individual materiality. However, it contributes to the overall understanding of the deposit and is part of a program supporting future resource updates.

Positive factors

  • Significant intercept length
  • First results from HNE since 2011
  • Part of a program supporting resource updates

Negative factors

  • Low gold grade
  • True width is 0%, indicating the reported length is apparent only

Evidence · table

“0.03”

Context: 199

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

UGD584AHugo North Extension · copperGrade: 0.62Grade Unit: %Intercept: 199 mView all details
Link to this fact

Identity

Hole ID
UGD584A
Project
Hugo North Extension
Commodity
copper
Region
mongolia
Reported Region
mongolia
Ticker
ETG

Geometry

Grade
0.62
Grade Unit
%
Intercept
199 m
True Width
0 m
From
176 m
To
375 m
Hole Depth
375 m
Intercept Depth
176 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
UGD584A:176-375
Mining Method
underground

Location

Easting
652176.5
Northing
4768019
CRS
UTM NAD83 Zone 18
Elevation
-76.3 m
Azimuth
35 °
Dip
-43 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Metal Eq. Grade
0.65
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-28T00:00:00.000Z

Reasoning: This intercept shows a significant length with a moderate copper grade for a porphyry deposit. While the true width is 0%, it contributes to the overall understanding of the deposit and is part of a program supporting future resource updates.

Positive factors

  • Significant intercept length
  • Copper grade is moderate for a porphyry deposit
  • First results from HNE since 2011
  • Part of a program supporting resource updates

Negative factors

  • True width is 0%, indicating the reported length is apparent only

Evidence · table

“0.62”

Context: 199

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

UGD584AHugo North Extension · silverGrade: 1.99Grade Unit: ppmIntercept: 199 mView all details
Link to this fact

Identity

Hole ID
UGD584A
Project
Hugo North Extension
Commodity
silver
Region
mongolia
Reported Region
mongolia
Ticker
ETG

Geometry

Grade
1.99
Grade Unit
ppm
Intercept
199 m
True Width
0 m
From
176 m
To
375 m
Hole Depth
375 m
Intercept Depth
176 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
UGD584A:176-375
Mining Method
underground

Location

Easting
652176.5
Northing
4768019
CRS
UTM NAD83 Zone 18
Elevation
-76.3 m
Azimuth
35 °
Dip
-43 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Metal Eq. Grade
0.65
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-28T00:00:00.000Z

Reasoning: This intercept shows a significant length but low silver grade, and the true width is 0%, which reduces its individual materiality. However, it contributes to the overall understanding of the deposit and is part of a program supporting future resource updates.

Positive factors

  • Significant intercept length
  • First results from HNE since 2011
  • Part of a program supporting resource updates

Negative factors

  • Low silver grade
  • True width is 0%, indicating the reported length is apparent only

Evidence · table

“1.99”

Context: 199

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

UGD586Hugo North Extension · goldGrade: 0.96Grade Unit: ppmIntercept: 178 mView all details
Link to this fact

Identity

Hole ID
UGD586
Project
Hugo North Extension
Commodity
gold
Region
mongolia
Reported Region
mongolia
Ticker
ETG

Geometry

Grade
0.96
Grade Unit
ppm
Intercept
178 m
True Width
119.26 m
From
122 m
To
300 m
Hole Depth
683.7 m
Intercept Depth
122 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
UGD586:122-300
Mining Method
underground

Location

Easting
652146.7
Northing
4768022
CRS
UTM NAD83 Zone 18
Elevation
-76.9 m
Azimuth
347 °
Dip
-25 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Metal Eq. Grade
3.46
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-28T00:00:00.000Z

Reasoning: This intercept shows a significant length with a strong gold grade and disclosed true width, making it a material result. It is one of the first results from HNE since 2011 and will contribute to an updated resource estimate.

Positive factors

  • Significant intercept length
  • Strong gold grade for a porphyry deposit
  • True width disclosed
  • First results from HNE since 2011
  • Part of a program supporting resource updates

Evidence · table

“0.96”

Context: 178

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 119.26

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

UGD586Hugo North Extension · copperGrade: 2.9Grade Unit: %Intercept: 178 mView all details
Link to this fact

Identity

Hole ID
UGD586
Project
Hugo North Extension
Commodity
copper
Region
mongolia
Reported Region
mongolia
Ticker
ETG

Geometry

Grade
2.9
Grade Unit
%
Intercept
178 m
True Width
119.26 m
From
122 m
To
300 m
Hole Depth
683.7 m
Intercept Depth
122 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
UGD586:122-300
Mining Method
underground

Location

Easting
652146.7
Northing
4768022
CRS
UTM NAD83 Zone 18
Elevation
-76.9 m
Azimuth
347 °
Dip
-25 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Metal Eq. Grade
3.46
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-28T00:00:00.000Z

Reasoning: This intercept shows an exceptional copper grade over a significant length with disclosed true width, making it a highly material result. It is one of the first results from HNE since 2011 and will contribute to an updated resource estimate.

Positive factors

  • Exceptional copper grade for a porphyry deposit
  • Significant intercept length
  • True width disclosed
  • First results from HNE since 2011
  • Part of a program supporting resource updates

Evidence · table

“2.90”

Context: 178

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 119.26

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

UGD586Hugo North Extension · silverGrade: 6.2Grade Unit: ppmIntercept: 178 mView all details
Link to this fact

Identity

Hole ID
UGD586
Project
Hugo North Extension
Commodity
silver
Region
mongolia
Reported Region
mongolia
Ticker
ETG

Geometry

Grade
6.2
Grade Unit
ppm
Intercept
178 m
True Width
119.26 m
From
122 m
To
300 m
Hole Depth
683.7 m
Intercept Depth
122 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
UGD586:122-300
Mining Method
underground

Location

Easting
652146.7
Northing
4768022
CRS
UTM NAD83 Zone 18
Elevation
-76.9 m
Azimuth
347 °
Dip
-25 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Metal Eq. Grade
3.46
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-28T00:00:00.000Z

Reasoning: This intercept shows a significant length with a moderate silver grade and disclosed true width. It is one of the first results from HNE since 2011 and will contribute to an updated resource estimate.

Positive factors

  • Significant intercept length
  • Moderate silver grade
  • True width disclosed
  • First results from HNE since 2011
  • Part of a program supporting resource updates

Evidence · table

“6.20”

Context: 178

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 119.26

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

UGD586Hugo North Extension · goldGrade: 1.07Grade Unit: ppmIntercept: 144 mView all details
Link to this fact

Identity

Hole ID
UGD586
Project
Hugo North Extension
Commodity
gold
Region
mongolia
Reported Region
mongolia
Ticker
ETG

Geometry

Grade
1.07
Grade Unit
ppm
Intercept
144 m
True Width
96.48 m
From
144 m
To
288 m
Hole Depth
683.7 m
Intercept Depth
122 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
UGD586:144-288
Mining Method
underground

Location

Easting
652146.7
Northing
4768022
CRS
UTM NAD83 Zone 18
Elevation
-76.9 m
Azimuth
347 °
Dip
-25 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Metal Eq. Grade
4.12
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-28T00:00:00.000Z

Reasoning: This sub-interval shows a significant length with a strong gold grade and disclosed true width, making it a material result. It is one of the first results from HNE since 2011 and will contribute to an updated resource estimate.

Positive factors

  • Significant intercept length
  • Strong gold grade for a porphyry deposit
  • True width disclosed
  • First results from HNE since 2011
  • Part of a program supporting resource updates

Evidence · table

“1.07”

Context: 144

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 96.48

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

UGD586Hugo North Extension · copperGrade: 3.5Grade Unit: %Intercept: 144 mView all details
Link to this fact

Identity

Hole ID
UGD586
Project
Hugo North Extension
Commodity
copper
Region
mongolia
Reported Region
mongolia
Ticker
ETG

Geometry

Grade
3.5
Grade Unit
%
Intercept
144 m
True Width
96.48 m
From
144 m
To
288 m
Hole Depth
683.7 m
Intercept Depth
122 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
UGD586:144-288
Mining Method
underground

Location

Easting
652146.7
Northing
4768022
CRS
UTM NAD83 Zone 18
Elevation
-76.9 m
Azimuth
347 °
Dip
-25 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Metal Eq. Grade
4.12
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-28T00:00:00.000Z

Reasoning: This sub-interval shows an exceptional copper grade over a significant length with disclosed true width, making it a highly material result. It is one of the first results from HNE since 2011 and will contribute to an updated resource estimate.

Positive factors

  • Exceptional copper grade for a porphyry deposit
  • Significant intercept length
  • True width disclosed
  • First results from HNE since 2011
  • Part of a program supporting resource updates

Evidence · table

“3.50”

Context: 144

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 96.48

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

UGD586Hugo North Extension · silverGrade: 7.21Grade Unit: ppmIntercept: 144 mView all details
Link to this fact

Identity

Hole ID
UGD586
Project
Hugo North Extension
Commodity
silver
Region
mongolia
Reported Region
mongolia
Ticker
ETG

Geometry

Grade
7.21
Grade Unit
ppm
Intercept
144 m
True Width
96.48 m
From
144 m
To
288 m
Hole Depth
683.7 m
Intercept Depth
122 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
UGD586:144-288
Mining Method
underground

Location

Easting
652146.7
Northing
4768022
CRS
UTM NAD83 Zone 18
Elevation
-76.9 m
Azimuth
347 °
Dip
-25 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Metal Eq. Grade
4.12
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-28T00:00:00.000Z

Reasoning: This sub-interval shows a significant length with a moderate silver grade and disclosed true width. It is one of the first results from HNE since 2011 and will contribute to an updated resource estimate.

Positive factors

  • Significant intercept length
  • Moderate silver grade
  • True width disclosed
  • First results from HNE since 2011
  • Part of a program supporting resource updates

Evidence · table

“7.21”

Context: 144

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 96.48

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

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.