# ExGen Resources Announces Results of Exploration on the Southmore Project in the Golden Triangle Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/exgen-resources-announces-results-of-exploration-on-the-southmore-project-in-the--61edb7e2-78c9-4c30-bc9a-903dbde250b7 Original source: https://money.tmx.com/en/quote/EXG/news/6346867032887782/exgen-resources-announces-results-of-exploration-on-the-southmore-project-in-the Publisher: tmx Original announcement: 2026-02-05T22:56:30.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: ExGen Resources Inc. - Ticker: EXG - Exchange: TSX - Region: British Columbia - Primary commodity: Gold - Secondary commodities: Copper - Document categories: Drill results, Other - Extracted: 2026-09-12 04:18:36 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary ExGen Resources has reported encouraging 2025 exploration results from the Southmore Project, including high-grade gold \(32.9 g/t\) and copper chip samples. A new 3D DCIP geophysical survey has successfully delineated a large chargeability and conductivity anomaly at depth, suggesting potential for a larger porphyry or skarn system. Reasoning: High-grade gold and copper chip samples confirm mineralization, and a new DCIP survey has identified a significant geophysical anomaly at depth that may represent a larger porphyry or skarn system. - Positive factor: High-grade surface sampling - Positive factor: Successful geophysical delineation of a large anomaly - Positive factor: Nearology play with major deposits nearby - Negative factor: Results are from surface sampling, not drilling Facts used in scoring: 6 ## Classification and evidence **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: The project is surrounded by numerous mines and developing prospects including Eskay Creek, Galore Creek, and Shaft Creek. Evidence · text > The Southmore property is surrounded by numerous mines or developing prospects including: the historic Eskay Creek Mine **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: The release names a Qualified Person \(Andrew Wilkins, PGeo\) responsible for the technical information. Evidence · text > Mr. Andrew Wilkins, PGeo, is the Project Geologist on the Southmore project and the Responsible Officer for Lithos Geological. He is the Qualified Person ## Extracted facts Stored fact records: 6. Some facts used in scoring do not have a stored record. ## Drill Results (6) ### Fact 1 [Link to this fact](https://atlas-extractions.minestarters.com/news/exgen-resources-announces-results-of-exploration-on-the-southmore-project-in-the--61edb7e2-78c9-4c30-bc9a-903dbde250b7#fact-drill-facts-0) gold #### Identity - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia - Ticker: EXG #### Geometry - Grade: 32.9 - Grade Unit: g/t #### Classification - Sample Type: surface #### Location - Location: Southmore Property - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-02-05T00:00:00.000Z Reasoning: High-grade gold chip sample reported. - Positive factor: High grade - Negative factor: Surface sample only Evidence · text > The recent work returned a sample of 32.9 g/t gold. #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 2 [Link to this fact](https://atlas-extractions.minestarters.com/news/exgen-resources-announces-results-of-exploration-on-the-southmore-project-in-the--61edb7e2-78c9-4c30-bc9a-903dbde250b7#fact-drill-facts-1) gold #### Identity - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia - Ticker: EXG #### Geometry - Grade: 32.9 - Grade Unit: g/t - Intercept: 1 m #### Classification - Sample Type: surface #### Location - Location: Horizon Trench - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-02-05T00:00:00.000Z Reasoning: High-grade gold chip sample at Horizon Trench. - Positive factor: High grade - Negative factor: Surface sample only Evidence · text > 32.9 grams per tonne gold and 1.26 percent copper over 1 metre #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 3 [Link to this fact](https://atlas-extractions.minestarters.com/news/exgen-resources-announces-results-of-exploration-on-the-southmore-project-in-the--61edb7e2-78c9-4c30-bc9a-903dbde250b7#fact-drill-facts-2) copper #### Identity - Commodity: copper - Region: canada\_bc - Reported Region: British Columbia - Ticker: EXG #### Geometry - Grade: 1.26 - Grade Unit: % - Intercept: 1 m #### Classification - Sample Type: surface #### Location - Location: Horizon Trench - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-02-05T00:00:00.000Z Reasoning: High-grade copper chip sample at Horizon Trench. - Positive factor: High grade copper - Negative factor: Surface sample only Evidence · text > 32.9 grams per tonne gold and 1.26 percent copper over 1 metre #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 4 [Link to this fact](https://atlas-extractions.minestarters.com/news/exgen-resources-announces-results-of-exploration-on-the-southmore-project-in-the--61edb7e2-78c9-4c30-bc9a-903dbde250b7#fact-drill-facts-3) gold #### Identity - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia - Ticker: EXG #### Geometry - Grade: 17.8 - Grade Unit: g/t - Intercept: 2 m #### Classification - Sample Type: surface #### Location - Location: Horizon Trench - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-02-05T00:00:00.000Z Reasoning: High-grade gold chip sample at Horizon Trench. - Positive factor: High grade - Negative factor: Surface sample only Evidence · text > 17.8 grams per tonne and 0.93 percent copper over 2 metres #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 5 [Link to this fact](https://atlas-extractions.minestarters.com/news/exgen-resources-announces-results-of-exploration-on-the-southmore-project-in-the--61edb7e2-78c9-4c30-bc9a-903dbde250b7#fact-drill-facts-4) copper #### Identity - Commodity: copper - Region: canada\_bc - Reported Region: British Columbia - Ticker: EXG #### Geometry - Grade: 0.93 - Grade Unit: % - Intercept: 2 m #### Classification - Sample Type: surface #### Location - Location: Horizon Trench - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-02-05T00:00:00.000Z Reasoning: High-grade copper chip sample at Horizon Trench. - Positive factor: High grade copper - Negative factor: Surface sample only Evidence · text > 17.8 grams per tonne and 0.93 percent copper over 2 metres #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 6 [Link to this fact](https://atlas-extractions.minestarters.com/news/exgen-resources-announces-results-of-exploration-on-the-southmore-project-in-the--61edb7e2-78c9-4c30-bc9a-903dbde250b7#fact-drill-facts-5) gold #### Identity - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia - Ticker: EXG #### Geometry - Grade: 21.6 - Grade Unit: g/t #### Classification - Sample Type: surface #### Location - Location: Southmore Property - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-02-05T00:00:00.000Z Reasoning: High-grade gold grab sample. - Positive factor: High grade - Negative factor: Surface sample only Evidence · text > Another grab sample 475 metres to the west assayed 21.6 grams per tonne gold. #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ## 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.