# Fort St. James Completes Diamond Drilling Program At Porcupine Base Metal - Precious Metal - REE Property Central New Brunswick

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/fort-st-james-completes-diamond-drilling-program-at-porcupine-base-metal-preciou--35b3bbe3-6116-4827-b710-17bf884d495b

Original source: https://money.tmx.com/en/quote/FTJ/news/6201492845248115/fort-st-james-completes-diamond-drilling-program-at-porcupine-base-metal-preciou

Publisher: tmx

Original announcement: 2018-11-08T14:30:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Fort St. James Nickel Corp.

- Ticker: FTJ

- Exchange: TSX

- Region: New Brunswick

- Primary commodity: Zinc

- Secondary commodities: Lead, Silver, Copper

- Document categories: Drill results, Other

- Extracted: 2026-09-17 23:11:42 UTC

Narrative sentiment: 0.20 · Bullish

## Minestarters Atlas summary

Fort St. James Nickel Corp. has completed a 227-metre diamond drilling program at its Porcupine Property in New Brunswick, with all holes intersecting base metal sulfides. While the 2018 drill assays are still pending, the company highlighted high-grade historical channel and boulder samples from 2012, though these remain unverified by a Qualified Person.

Reasoning: The company completed a 227m drilling program that intersected mineralization, but actual assay results for the new holes are not yet released. The release relies heavily on unverified historical trenching data.

- Positive factor: Intersection of base metal sulfides in all 2018 drill holes

- Positive factor: Near-surface mineralization

- Positive factor: Proximity to historic Heath Steele Mine

- Negative factor: 2018 drill assay results are currently pending \(samples being cut\)

- Negative factor: Historical 2012 trench data is unverified due to site reclamation

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: Property is located 40km from the historic Heath Steele Mine in the Bathurst Camp.

Evidence · text

> located approximately 40 kilometers northeast of the Porcupine Property.

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: The release mentions a QP but does not disclose specific assay protocols or lab accreditation for the 2018 program results \(which are pending\).

Evidence · text

> Drill core samples are currently being cut for multi-element analysis.

## 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/fort-st-james-completes-diamond-drilling-program-at-porcupine-base-metal-preciou--35b3bbe3-6116-4827-b710-17bf884d495b#fact-drill-facts-0)

zinc

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: zinc
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: FTJ

#### Geometry

- Grade: 5.48
- Grade Unit: %
- Intercept: 1 m

#### Classification

- Sample Type: channel

#### Location

- Location: Line 4W Trench
- Loc. Source: document

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: low\_confidence
- Historical: Yes
- Historical Source Date: 2012-01-01T00:00:00.000Z

#### Dates

- Event date: 2018-11-08T00:00:00.000Z

Reasoning: High grade zinc intercept but lacks verification due to trench reclamation.

- Positive factor: High grade zinc

- Negative factor: Unverified data

- Negative factor: Sample location no longer evident

Evidence · text

> A one meter channel sample collected from this exposure in 2012 was reported to return 5.48% zinc

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: 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 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

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### Fact 2

[Link to this fact](https://atlas-extractions.minestarters.com/news/fort-st-james-completes-diamond-drilling-program-at-porcupine-base-metal-preciou--35b3bbe3-6116-4827-b710-17bf884d495b#fact-drill-facts-1)

lead

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: lead
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: FTJ

#### Geometry

- Grade: 1.08
- Grade Unit: %
- Intercept: 1 m

#### Classification

- Sample Type: channel

#### Location

- Location: Line 4W Trench
- Loc. Source: document

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: low\_confidence
- Historical: Yes
- Historical Source Date: 2012-01-01T00:00:00.000Z

#### Dates

- Event date: 2018-11-08T00:00:00.000Z

Reasoning: Historical lead grade reported but unverified.

- Negative factor: Unverified data

Evidence · text

> 5.48% zinc and 1.08% lead over 1 meter \(Line 4W Trench\).

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: 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 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

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### Fact 3

[Link to this fact](https://atlas-extractions.minestarters.com/news/fort-st-james-completes-diamond-drilling-program-at-porcupine-base-metal-preciou--35b3bbe3-6116-4827-b710-17bf884d495b#fact-drill-facts-2)

lead

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: lead
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: FTJ

#### Geometry

- Grade: 20.7
- Grade Unit: %

#### Classification

- Sample Type: surface

#### Location

- Location: Line 3W Trench
- Loc. Source: document

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: low\_confidence
- Historical: Yes
- Historical Source Date: 2012-01-01T00:00:00.000Z

#### Dates

- Event date: 2018-11-08T00:00:00.000Z

Reasoning: Exceptional lead grade in boulder sample, but data is unverified.

- Positive factor: Very high lead grade

- Negative factor: Unverified data

- Negative factor: Trench reclaimed

Evidence · text

> Boulder Sample: 20.7% lead, 6.89% zinc and 122 G/T silver \(Line 3W Trench\).

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: 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 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

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### Fact 4

[Link to this fact](https://atlas-extractions.minestarters.com/news/fort-st-james-completes-diamond-drilling-program-at-porcupine-base-metal-preciou--35b3bbe3-6116-4827-b710-17bf884d495b#fact-drill-facts-3)

zinc

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: zinc
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: FTJ

#### Geometry

- Grade: 6.89
- Grade Unit: %

#### Classification

- Sample Type: surface

#### Location

- Location: Line 3W Trench
- Loc. Source: document

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: low\_confidence
- Historical: Yes
- Historical Source Date: 2012-01-01T00:00:00.000Z

#### Dates

- Event date: 2018-11-08T00:00:00.000Z

Reasoning: Historical zinc grade reported but unverified.

- Negative factor: Unverified data

Evidence · text

> 20.7% lead, 6.89% zinc and 122 grams / tonne \(g/t\) silver.

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: 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 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

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### Fact 5

[Link to this fact](https://atlas-extractions.minestarters.com/news/fort-st-james-completes-diamond-drilling-program-at-porcupine-base-metal-preciou--35b3bbe3-6116-4827-b710-17bf884d495b#fact-drill-facts-4)

silver

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: silver
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: FTJ

#### Geometry

- Grade: 122
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Location

- Location: Line 3W Trench
- Loc. Source: document

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: low\_confidence
- Historical: Yes
- Historical Source Date: 2012-01-01T00:00:00.000Z

#### Dates

- Event date: 2018-11-08T00:00:00.000Z

Reasoning: Historical silver grade reported but unverified.

- Negative factor: Unverified data

Evidence · text

> 122 grams / tonne \(g/t\) silver.

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: 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 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

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### Fact 6

[Link to this fact](https://atlas-extractions.minestarters.com/news/fort-st-james-completes-diamond-drilling-program-at-porcupine-base-metal-preciou--35b3bbe3-6116-4827-b710-17bf884d495b#fact-drill-facts-5)

copper

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: copper
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: FTJ

#### Geometry

- Grade: 2.04
- Grade Unit: %

#### Classification

- Sample Type: surface

#### Location

- Location: Line 3W Trench
- Loc. Source: document

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: low\_confidence
- Historical: Yes
- Historical Source Date: 2012-01-01T00:00:00.000Z

#### Dates

- Event date: 2018-11-08T00:00:00.000Z

Reasoning: Historical copper grade reported but unverified.

- Negative factor: Unverified data

Evidence · text

> 2.04% copper and 122 grams / tonne \(g/t\) silver.

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: 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 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

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

## 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.
