Gold Basin Reports Additional High-Grade Oxide Gold Assay Results From Gold Basin Project, Arizona

Original announcement by tmx on

Company
Gold Basin Resources Corporation
Ticker
GXX
Exchange
TSX
Region
Arizona
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Drill results
Extracted
2026-09-18 03:20:03 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Gold Basin Resources reported additional high-grade oxide gold assay results from its Gold Basin Project in northwestern Arizona, including 50.2 m at 1.29 g/t Au and 33.5 m at 1.00 g/t Au from new holes ST24-039 and ST24-038 respectively. These results extend near-surface mineralization at the Stealth Deposit, with an average vertical depth of 51 m to the top of mineralized zones. The company has completed its Q2/Q3 2024 drill program and anticipates a maiden NI 43-101 resource estimate upon receipt of all remaining assays.

Reasoning: Gold Basin Resources announced additional high-grade oxide gold assay results from its Gold Basin Project in Arizona, with new holes ST24-038 and ST24-039 extending mineralization at the Stealth Deposit. The intercepts are shallow and broad, indicating potential for open-pit mining, and the company has robust QA/QC procedures in place. While some results are historical, the new step-out drilling is positive for resource expansion.

Positive factors

  • High-grade oxide gold intercepts reported from new holes ST24-038 and ST24-039
  • Mineralization extended along strike from step-out drilling
  • Intercepts are shallow and broad, suitable for open-pit mining
  • Comprehensive QA/QC procedures disclosed and accredited lab used
  • Qualified Person has reviewed and approved the disclosure

Negative factors

  • True widths are yet to be determined, potentially overstating apparent widths
  • Some reported results are historical, reducing overall novelty

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

Facts used in scoring: 18

Extracted facts

Stored fact records: 18. Some facts used in scoring do not have a stored record.

Drill Results (18)

ST24-038Gold Basin · goldGrade: 1Grade Unit: g/tIntercept: 33.5 mView all details
Link to this fact

Identity

Hole ID
ST24-038
Project
Gold Basin
Commodity
gold
Region
usa_az
Reported Region
usa_az
Ticker
GXX

Geometry

Grade
1
Grade Unit
g/t
Intercept
33.5 m
From
96 m
To
129.5 m
Hole Depth
175.3 m
Intercept Depth
96 m

Classification

Program
mixed
Sample Type
drill
Group ID
ST24-038:96-129.5
Mining Method
open_pit

Location

Location
Stealth
Easting
747595
Northing
3962952
Azimuth
175 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Geochemistry
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-08-22T00:00:00.000Z

Reasoning: The intercept of 33.5 m at 1.00 g/t Au is a moderate grade for an oxide gold open-pit project and represents a new result from the ongoing resource expansion program. The lack of true width information is a minor negative.

Positive factors

  • Strong grade for open-pit gold
  • Moderate intercept length
  • New result from resource expansion drilling
  • Good QA/QC disclosure

Negative factors

  • Apparent width only, true width not determined

Evidence · table

“1.00”

Context: 33.5

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Intersection lengths are RC drilling interval lengths, and true widths are yet to be determined.

Evidence · text

“Intersection lengths are RC drilling interval lengths, and true widths are yet to be determined.”

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 blanks, standards, duplicates, and an ISO/IEC 17025:2017 accredited lab.

Evidence · text

“Quality Control/Quality Assurance (“QA/QC”) RC drilling samples are collected every 5 feet (1.52 m) and are reduced on-site using a triple-tier Gilson splitter, producing a ~2-3 kilogram (“kg”) assay sample and a ~3-5 kg twin sample that can be used for metallurgical testing or re-assay work. Coarse blank material and standard reference pulps are inserted into the sample stream on a 1-in-20 sample basis, and field duplicates are collected every 50 samples. Three standard reference pulps at three different gold grades are being used: 0.154 parts per million (“ppm”), 0.778 ppm, and 2.58 ppm. All 1.52 m drill intervals are monitored for recovery. Assay samples are placed in shipping sacks together with the field inserts upon completion of each hole. After a designated number of holes are completed, all assay samples are transported in their respective shipping sacks ALS in Tucson, Arizona by a Gold Basin contractor under Chain of Custody. Prior to shipping, all samples are maintained under the direct control and supervision of the on-site geological staff. Upon arrival in ALS Tucson, the samples are prepared using ALS codes CRU-31, SPL-31 and PUL-32 procedures (pulverize 1 kg split to 85% passing 75 microns) and fire-assayed for gold using ALS Code Au-AA25 procedure (30 gm fire assay with AA finish). ALS also inserts its own certified reference materials plus blanks and duplicates. All QA/QC results associated with the assays reported herein are within expectation. ALS is accredited to ISO/IEC 17025:2017 standards for specific preparation and analytical procedures.”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The drilling results are from step-out collar locations along the formerly undrilled northerly road at Stealth, indicating extension of mineralization.

Evidence · text

“Drilling results from step-out collar locations along the formerly undrilled northerly road at Stealth continue to yield impressive intervals of near-surface oxide gold.”

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"

ST24-038Gold Basin · goldGrade: 2.08Grade Unit: g/tIntercept: 12.2 mView all details
Link to this fact

Identity

Hole ID
ST24-038
Project
Gold Basin
Commodity
gold
Region
usa_az
Reported Region
usa_az
Ticker
GXX

Geometry

Grade
2.08
Grade Unit
g/t
Intercept
12.2 m
From
96 m
To
108.2 m
Hole Depth
175.3 m
Intercept Depth
96 m

Classification

Program
mixed
Sample Type
drill
Group ID
ST24-038:96-108.2
Mining Method
open_pit

Location

Location
Stealth
Easting
747595
Northing
3962952
Azimuth
175 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Geochemistry
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-08-22T00:00:00.000Z

Reasoning: The included intercept of 12.2 m at 2.08 g/t Au is a strong grade for an oxide gold open-pit project, contributing positively to the overall prospectivity of the area. The lack of true width information is a minor negative.

Positive factors

  • Strong grade for open-pit gold
  • New result from resource expansion drilling
  • Good QA/QC disclosure

Negative factors

  • Apparent width only, true width not determined

Evidence · table

“2.08”

Context: 12.2

Tags used in scoring

Bonanza Interceptpositive

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

Why it applies: The intercept of 12.2 m at 2.08 g/t Au is a strong grade for an open-pit gold project, exceeding the 2 g/t Au threshold.

Evidence · table

“2.08”

Context: 12.2

Apparent Width Onlynegative

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

Why it applies: Intersection lengths are RC drilling interval lengths, and true widths are yet to be determined.

Evidence · text

“Intersection lengths are RC drilling interval lengths, and true widths are yet to be determined.”

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 blanks, standards, duplicates, and an ISO/IEC 17025:2017 accredited lab.

Evidence · text

“Quality Control/Quality Assurance (“QA/QC”) RC drilling samples are collected every 5 feet (1.52 m) and are reduced on-site using a triple-tier Gilson splitter, producing a ~2-3 kilogram (“kg”) assay sample and a ~3-5 kg twin sample that can be used for metallurgical testing or re-assay work. Coarse blank material and standard reference pulps are inserted into the sample stream on a 1-in-20 sample basis, and field duplicates are collected every 50 samples. Three standard reference pulps at three different gold grades are being used: 0.154 parts per million (“ppm”), 0.778 ppm, and 2.58 ppm. All 1.52 m drill intervals are monitored for recovery. Assay samples are placed in shipping sacks together with the field inserts upon completion of each hole. After a designated number of holes are completed, all assay samples are transported in their respective shipping sacks ALS in Tucson, Arizona by a Gold Basin contractor under Chain of Custody. Prior to shipping, all samples are maintained under the direct control and supervision of the on-site geological staff. Upon arrival in ALS Tucson, the samples are prepared using ALS codes CRU-31, SPL-31 and PUL-32 procedures (pulverize 1 kg split to 85% passing 75 microns) and fire-assayed for gold using ALS Code Au-AA25 procedure (30 gm fire assay with AA finish). ALS also inserts its own certified reference materials plus blanks and duplicates. All QA/QC results associated with the assays reported herein are within expectation. ALS is accredited to ISO/IEC 17025:2017 standards for specific preparation and analytical procedures.”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The drilling results are from step-out collar locations along the formerly undrilled northerly road at Stealth, indicating extension of mineralization.

Evidence · text

“Drilling results from step-out collar locations along the formerly undrilled northerly road at Stealth continue to yield impressive intervals of near-surface oxide gold.”

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"

ST24-039Gold Basin · goldGrade: 1.29Grade Unit: g/tIntercept: 50.2 mView all details
Link to this fact

Identity

Hole ID
ST24-039
Project
Gold Basin
Commodity
gold
Region
usa_az
Reported Region
usa_az
Ticker
GXX

Geometry

Grade
1.29
Grade Unit
g/t
Intercept
50.2 m
From
85.4 m
To
135.6 m
Hole Depth
175.3 m
Intercept Depth
85.4 m

Classification

Program
mixed
Sample Type
drill
Group ID
ST24-039:85.4-135.6
Mining Method
open_pit

Location

Location
Stealth
Easting
747595
Northing
3962952
Azimuth
200 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Geochemistry
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-08-22T00:00:00.000Z

Reasoning: The intercept of 50.2 m at 1.29 g/t Au is a broad and moderately high-grade result for an oxide gold open-pit project, representing a new extension of mineralization. The lack of true width information is a minor negative.

Positive factors

  • Moderate grade for open-pit gold
  • Strong intercept length
  • New result from resource expansion drilling
  • Good QA/QC disclosure

Negative factors

  • Apparent width only, true width not determined

Evidence · table

“1.29”

Context: 50.2

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Intersection lengths are RC drilling interval lengths, and true widths are yet to be determined.

Evidence · text

“Intersection lengths are RC drilling interval lengths, and true widths are yet to be determined.”

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 blanks, standards, duplicates, and an ISO/IEC 17025:2017 accredited lab.

Evidence · text

“Quality Control/Quality Assurance (“QA/QC”) RC drilling samples are collected every 5 feet (1.52 m) and are reduced on-site using a triple-tier Gilson splitter, producing a ~2-3 kilogram (“kg”) assay sample and a ~3-5 kg twin sample that can be used for metallurgical testing or re-assay work. Coarse blank material and standard reference pulps are inserted into the sample stream on a 1-in-20 sample basis, and field duplicates are collected every 50 samples. Three standard reference pulps at three different gold grades are being used: 0.154 parts per million (“ppm”), 0.778 ppm, and 2.58 ppm. All 1.52 m drill intervals are monitored for recovery. Assay samples are placed in shipping sacks together with the field inserts upon completion of each hole. After a designated number of holes are completed, all assay samples are transported in their respective shipping sacks ALS in Tucson, Arizona by a Gold Basin contractor under Chain of Custody. Prior to shipping, all samples are maintained under the direct control and supervision of the on-site geological staff. Upon arrival in ALS Tucson, the samples are prepared using ALS codes CRU-31, SPL-31 and PUL-32 procedures (pulverize 1 kg split to 85% passing 75 microns) and fire-assayed for gold using ALS Code Au-AA25 procedure (30 gm fire assay with AA finish). ALS also inserts its own certified reference materials plus blanks and duplicates. All QA/QC results associated with the assays reported herein are within expectation. ALS is accredited to ISO/IEC 17025:2017 standards for specific preparation and analytical procedures.”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The drilling results are from step-out collar locations along the formerly undrilled northerly road at Stealth, indicating extension of mineralization.

Evidence · text

“Drilling results from step-out collar locations along the formerly undrilled northerly road at Stealth continue to yield impressive intervals of near-surface oxide gold.”

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"

ST24-039Gold Basin · goldGrade: 2.08Grade Unit: g/tIntercept: 27.4 mView all details
Link to this fact

Identity

Hole ID
ST24-039
Project
Gold Basin
Commodity
gold
Region
usa_az
Reported Region
usa_az
Ticker
GXX

Geometry

Grade
2.08
Grade Unit
g/t
Intercept
27.4 m
From
86.9 m
To
114.3 m
Hole Depth
175.3 m
Intercept Depth
85.4 m

Classification

Program
mixed
Sample Type
drill
Group ID
ST24-039:86.9-114.3
Mining Method
open_pit

Location

Location
Stealth
Easting
747595
Northing
3962952
Azimuth
200 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Geochemistry
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-08-22T00:00:00.000Z

Reasoning: The included intercept of 27.4 m at 2.08 g/t Au is a strong grade for an oxide gold open-pit project, significantly enhancing the overall prospectivity of the area. The lack of true width information is a minor negative.

Positive factors

  • Strong grade for open-pit gold
  • New result from resource expansion drilling
  • Good QA/QC disclosure

Negative factors

  • Apparent width only, true width not determined

Evidence · table

“2.08”

Context: 27.4

Tags used in scoring

Bonanza Interceptpositive

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

Why it applies: The intercept of 27.4 m at 2.08 g/t Au is a strong grade for an open-pit gold project, exceeding the 2 g/t Au threshold.

Evidence · table

“2.08”

Context: 27.4

Apparent Width Onlynegative

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

Why it applies: Intersection lengths are RC drilling interval lengths, and true widths are yet to be determined.

Evidence · text

“Intersection lengths are RC drilling interval lengths, and true widths are yet to be determined.”

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 blanks, standards, duplicates, and an ISO/IEC 17025:2017 accredited lab.

Evidence · text

“Quality Control/Quality Assurance (“QA/QC”) RC drilling samples are collected every 5 feet (1.52 m) and are reduced on-site using a triple-tier Gilson splitter, producing a ~2-3 kilogram (“kg”) assay sample and a ~3-5 kg twin sample that can be used for metallurgical testing or re-assay work. Coarse blank material and standard reference pulps are inserted into the sample stream on a 1-in-20 sample basis, and field duplicates are collected every 50 samples. Three standard reference pulps at three different gold grades are being used: 0.154 parts per million (“ppm”), 0.778 ppm, and 2.58 ppm. All 1.52 m drill intervals are monitored for recovery. Assay samples are placed in shipping sacks together with the field inserts upon completion of each hole. After a designated number of holes are completed, all assay samples are transported in their respective shipping sacks ALS in Tucson, Arizona by a Gold Basin contractor under Chain of Custody. Prior to shipping, all samples are maintained under the direct control and supervision of the on-site geological staff. Upon arrival in ALS Tucson, the samples are prepared using ALS codes CRU-31, SPL-31 and PUL-32 procedures (pulverize 1 kg split to 85% passing 75 microns) and fire-assayed for gold using ALS Code Au-AA25 procedure (30 gm fire assay with AA finish). ALS also inserts its own certified reference materials plus blanks and duplicates. All QA/QC results associated with the assays reported herein are within expectation. ALS is accredited to ISO/IEC 17025:2017 standards for specific preparation and analytical procedures.”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The drilling results are from step-out collar locations along the formerly undrilled northerly road at Stealth, indicating extension of mineralization.

Evidence · text

“Drilling results from step-out collar locations along the formerly undrilled northerly road at Stealth continue to yield impressive intervals of near-surface oxide gold.”

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"

ST24-026Gold Basin · goldGrade: 0.93Grade Unit: g/tIntercept: 138.7 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
ST24-026
Project
Gold Basin
Commodity
gold
Region
usa_az
Reported Region
usa_az
Ticker
GXX

Geometry

Grade
0.93
Grade Unit
g/t
Intercept
138.7 m
From
30.5 m
To
169.2 m
Hole Depth
182.9 m
Intercept Depth
30.5 m

Classification

Program
mixed
Sample Type
drill
Group ID
ST24-026:30.5-169.2
Mining Method
open_pit

Location

Location
Stealth
Easting
747395
Northing
3962978
Azimuth
275 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Geochemistry
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2024-07-10T00:00:00.000Z

Dates

Event date
2024-08-22T00:00:00.000Z

Reasoning: This historical intercept of 138.7 m at 0.93 g/t Au is a broad and moderately high-grade result for an oxide gold open-pit project, but its novelty is low as it was previously released.

Positive factors

  • Moderate grade for open-pit gold
  • Very strong intercept length
  • Good QA/QC disclosure

Negative factors

  • Apparent width only, true width not determined
  • Result is historical, reducing novelty

Evidence · table

“0.93”

Context: 138.7

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Intersection lengths are RC drilling interval lengths, and true widths are yet to be determined.

Evidence · text

“Intersection lengths are RC drilling interval lengths, and true widths are yet to be determined.”

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 blanks, standards, duplicates, and an ISO/IEC 17025:2017 accredited lab.

Evidence · text

“Quality Control/Quality Assurance (“QA/QC”) RC drilling samples are collected every 5 feet (1.52 m) and are reduced on-site using a triple-tier Gilson splitter, producing a ~2-3 kilogram (“kg”) assay sample and a ~3-5 kg twin sample that can be used for metallurgical testing or re-assay work. Coarse blank material and standard reference pulps are inserted into the sample stream on a 1-in-20 sample basis, and field duplicates are collected every 50 samples. Three standard reference pulps at three different gold grades are being used: 0.154 parts per million (“ppm”), 0.778 ppm, and 2.58 ppm. All 1.52 m drill intervals are monitored for recovery. Assay samples are placed in shipping sacks together with the field inserts upon completion of each hole. After a designated number of holes are completed, all assay samples are transported in their respective shipping sacks ALS in Tucson, Arizona by a Gold Basin contractor under Chain of Custody. Prior to shipping, all samples are maintained under the direct control and supervision of the on-site geological staff. Upon arrival in ALS Tucson, the samples are prepared using ALS codes CRU-31, SPL-31 and PUL-32 procedures (pulverize 1 kg split to 85% passing 75 microns) and fire-assayed for gold using ALS Code Au-AA25 procedure (30 gm fire assay with AA finish). ALS also inserts its own certified reference materials plus blanks and duplicates. All QA/QC results associated with the assays reported herein are within expectation. ALS is accredited to ISO/IEC 17025:2017 standards for specific preparation and analytical procedures.”

Stale Data Re-releasenegative

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

Why it applies: This result was previously released on July 10, 2024, indicating low genuine novelty.

Evidence · table

“10-Jul-24”

Context: ST24-026

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"

ST24-026Gold Basin · goldGrade: 4.83Grade Unit: g/tIntercept: 6.1 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
ST24-026
Project
Gold Basin
Commodity
gold
Region
usa_az
Reported Region
usa_az
Ticker
GXX

Geometry

Grade
4.83
Grade Unit
g/t
Intercept
6.1 m
From
36.6 m
To
42.7 m
Hole Depth
182.9 m
Intercept Depth
30.5 m

Classification

Program
mixed
Sample Type
drill
Group ID
ST24-026:36.6-42.7
Mining Method
open_pit

Location

Location
Stealth
Easting
747395
Northing
3962978
Azimuth
275 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Geochemistry
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2024-07-10T00:00:00.000Z

Dates

Event date
2024-08-22T00:00:00.000Z

Reasoning: This historical included intercept of 6.1 m at 4.83 g/t Au is an exceptional grade for an oxide gold open-pit project, but its novelty is low as it was previously released.

Positive factors

  • Exceptional grade for open-pit gold
  • Good QA/QC disclosure

Negative factors

  • Apparent width only, true width not determined
  • Result is historical, reducing novelty

Evidence · table

“4.83”

Context: 6.1

Tags used in scoring

Bonanza Interceptpositive

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

Why it applies: The intercept of 6.1 m at 4.83 g/t Au is an exceptional grade for an open-pit gold project, approaching the 5 g/t Au threshold.

Evidence · table

“4.83”

Context: 6.1

Apparent Width Onlynegative

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

Why it applies: Intersection lengths are RC drilling interval lengths, and true widths are yet to be determined.

Evidence · text

“Intersection lengths are RC drilling interval lengths, and true widths are yet to be determined.”

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 blanks, standards, duplicates, and an ISO/IEC 17025:2017 accredited lab.

Evidence · text

“Quality Control/Quality Assurance (“QA/QC”) RC drilling samples are collected every 5 feet (1.52 m) and are reduced on-site using a triple-tier Gilson splitter, producing a ~2-3 kilogram (“kg”) assay sample and a ~3-5 kg twin sample that can be used for metallurgical testing or re-assay work. Coarse blank material and standard reference pulps are inserted into the sample stream on a 1-in-20 sample basis, and field duplicates are collected every 50 samples. Three standard reference pulps at three different gold grades are being used: 0.154 parts per million (“ppm”), 0.778 ppm, and 2.58 ppm. All 1.52 m drill intervals are monitored for recovery. Assay samples are placed in shipping sacks together with the field inserts upon completion of each hole. After a designated number of holes are completed, all assay samples are transported in their respective shipping sacks ALS in Tucson, Arizona by a Gold Basin contractor under Chain of Custody. Prior to shipping, all samples are maintained under the direct control and supervision of the on-site geological staff. Upon arrival in ALS Tucson, the samples are prepared using ALS codes CRU-31, SPL-31 and PUL-32 procedures (pulverize 1 kg split to 85% passing 75 microns) and fire-assayed for gold using ALS Code Au-AA25 procedure (30 gm fire assay with AA finish). ALS also inserts its own certified reference materials plus blanks and duplicates. All QA/QC results associated with the assays reported herein are within expectation. ALS is accredited to ISO/IEC 17025:2017 standards for specific preparation and analytical procedures.”

Stale Data Re-releasenegative

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

Why it applies: This result was previously released on July 10, 2024, indicating low genuine novelty.

Evidence · table

“10-Jul-24”

Context: ST24-026

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"

ST24-026Gold Basin · goldGrade: 1.16Grade Unit: g/tIntercept: 74.7 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
ST24-026
Project
Gold Basin
Commodity
gold
Region
usa_az
Reported Region
usa_az
Ticker
GXX

Geometry

Grade
1.16
Grade Unit
g/t
Intercept
74.7 m
From
94.5 m
To
169.2 m
Hole Depth
182.9 m
Intercept Depth
30.5 m

Classification

Program
mixed
Sample Type
drill
Group ID
ST24-026:94.5-169.2
Mining Method
open_pit

Location

Location
Stealth
Easting
747395
Northing
3962978
Azimuth
275 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Geochemistry
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2024-07-10T00:00:00.000Z

Dates

Event date
2024-08-22T00:00:00.000Z

Reasoning: This historical included intercept of 74.7 m at 1.16 g/t Au is a broad and moderately high-grade result for an oxide gold open-pit project, but its novelty is low as it was previously released.

Positive factors

  • Moderate grade for open-pit gold
  • Strong intercept length
  • Good QA/QC disclosure

Negative factors

  • Apparent width only, true width not determined
  • Result is historical, reducing novelty

Evidence · table

“1.16”

Context: 74.7

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Intersection lengths are RC drilling interval lengths, and true widths are yet to be determined.

Evidence · text

“Intersection lengths are RC drilling interval lengths, and true widths are yet to be determined.”

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 blanks, standards, duplicates, and an ISO/IEC 17025:2017 accredited lab.

Evidence · text

“Quality Control/Quality Assurance (“QA/QC”) RC drilling samples are collected every 5 feet (1.52 m) and are reduced on-site using a triple-tier Gilson splitter, producing a ~2-3 kilogram (“kg”) assay sample and a ~3-5 kg twin sample that can be used for metallurgical testing or re-assay work. Coarse blank material and standard reference pulps are inserted into the sample stream on a 1-in-20 sample basis, and field duplicates are collected every 50 samples. Three standard reference pulps at three different gold grades are being used: 0.154 parts per million (“ppm”), 0.778 ppm, and 2.58 ppm. All 1.52 m drill intervals are monitored for recovery. Assay samples are placed in shipping sacks together with the field inserts upon completion of each hole. After a designated number of holes are completed, all assay samples are transported in their respective shipping sacks ALS in Tucson, Arizona by a Gold Basin contractor under Chain of Custody. Prior to shipping, all samples are maintained under the direct control and supervision of the on-site geological staff. Upon arrival in ALS Tucson, the samples are prepared using ALS codes CRU-31, SPL-31 and PUL-32 procedures (pulverize 1 kg split to 85% passing 75 microns) and fire-assayed for gold using ALS Code Au-AA25 procedure (30 gm fire assay with AA finish). ALS also inserts its own certified reference materials plus blanks and duplicates. All QA/QC results associated with the assays reported herein are within expectation. ALS is accredited to ISO/IEC 17025:2017 standards for specific preparation and analytical procedures.”

Stale Data Re-releasenegative

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

Why it applies: This result was previously released on July 10, 2024, indicating low genuine novelty.

Evidence · table

“10-Jul-24”

Context: ST24-026

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"

ST24-027Gold Basin · goldGrade: 0.94Grade Unit: g/tIntercept: 82.3 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
ST24-027
Project
Gold Basin
Commodity
gold
Region
usa_az
Reported Region
usa_az
Ticker
GXX

Geometry

Grade
0.94
Grade Unit
g/t
Intercept
82.3 m
From
36.6 m
To
118.9 m
Hole Depth
182.9 m
Intercept Depth
36.6 m

Classification

Program
mixed
Sample Type
drill
Group ID
ST24-027:36.6-118.9
Mining Method
open_pit

Location

Location
Stealth
Easting
747395
Northing
3962978
Azimuth
220 °
Dip
-65 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Geochemistry
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2024-07-10T00:00:00.000Z

Dates

Event date
2024-08-22T00:00:00.000Z

Reasoning: This historical intercept of 82.3 m at 0.94 g/t Au is a broad and moderately high-grade result for an oxide gold open-pit project, but its novelty is low as it was previously released.

Positive factors

  • Moderate grade for open-pit gold
  • Strong intercept length
  • Good QA/QC disclosure

Negative factors

  • Apparent width only, true width not determined
  • Result is historical, reducing novelty

Evidence · table

“0.94”

Context: 82.3

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Intersection lengths are RC drilling interval lengths, and true widths are yet to be determined.

Evidence · text

“Intersection lengths are RC drilling interval lengths, and true widths are yet to be determined.”

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 blanks, standards, duplicates, and an ISO/IEC 17025:2017 accredited lab.

Evidence · text

“Quality Control/Quality Assurance (“QA/QC”) RC drilling samples are collected every 5 feet (1.52 m) and are reduced on-site using a triple-tier Gilson splitter, producing a ~2-3 kilogram (“kg”) assay sample and a ~3-5 kg twin sample that can be used for metallurgical testing or re-assay work. Coarse blank material and standard reference pulps are inserted into the sample stream on a 1-in-20 sample basis, and field duplicates are collected every 50 samples. Three standard reference pulps at three different gold grades are being used: 0.154 parts per million (“ppm”), 0.778 ppm, and 2.58 ppm. All 1.52 m drill intervals are monitored for recovery. Assay samples are placed in shipping sacks together with the field inserts upon completion of each hole. After a designated number of holes are completed, all assay samples are transported in their respective shipping sacks ALS in Tucson, Arizona by a Gold Basin contractor under Chain of Custody. Prior to shipping, all samples are maintained under the direct control and supervision of the on-site geological staff. Upon arrival in ALS Tucson, the samples are prepared using ALS codes CRU-31, SPL-31 and PUL-32 procedures (pulverize 1 kg split to 85% passing 75 microns) and fire-assayed for gold using ALS Code Au-AA25 procedure (30 gm fire assay with AA finish). ALS also inserts its own certified reference materials plus blanks and duplicates. All QA/QC results associated with the assays reported herein are within expectation. ALS is accredited to ISO/IEC 17025:2017 standards for specific preparation and analytical procedures.”

Stale Data Re-releasenegative

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

Why it applies: This result was previously released on July 10, 2024, indicating low genuine novelty.

Evidence · table

“10-Jul-24”

Context: ST24-027

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"

ST24-027Gold Basin · goldGrade: 1.07Grade Unit: g/tIntercept: 41.2 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
ST24-027
Project
Gold Basin
Commodity
gold
Region
usa_az
Reported Region
usa_az
Ticker
GXX

Geometry

Grade
1.07
Grade Unit
g/t
Intercept
41.2 m
From
38.1 m
To
79.3 m
Hole Depth
182.9 m
Intercept Depth
36.6 m

Classification

Program
mixed
Sample Type
drill
Group ID
ST24-027:38.1-79.3
Mining Method
open_pit

Location

Location
Stealth
Easting
747395
Northing
3962978
Azimuth
220 °
Dip
-65 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Geochemistry
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2024-07-10T00:00:00.000Z

Dates

Event date
2024-08-22T00:00:00.000Z

Reasoning: This historical included intercept of 41.2 m at 1.07 g/t Au is a moderately high-grade result for an oxide gold open-pit project, but its novelty is low as it was previously released.

Positive factors

  • Moderate grade for open-pit gold
  • Moderate intercept length
  • Good QA/QC disclosure

Negative factors

  • Apparent width only, true width not determined
  • Result is historical, reducing novelty

Evidence · table

“1.07”

Context: 41.2

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Intersection lengths are RC drilling interval lengths, and true widths are yet to be determined.

Evidence · text

“Intersection lengths are RC drilling interval lengths, and true widths are yet to be determined.”

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 blanks, standards, duplicates, and an ISO/IEC 17025:2017 accredited lab.

Evidence · text

“Quality Control/Quality Assurance (“QA/QC”) RC drilling samples are collected every 5 feet (1.52 m) and are reduced on-site using a triple-tier Gilson splitter, producing a ~2-3 kilogram (“kg”) assay sample and a ~3-5 kg twin sample that can be used for metallurgical testing or re-assay work. Coarse blank material and standard reference pulps are inserted into the sample stream on a 1-in-20 sample basis, and field duplicates are collected every 50 samples. Three standard reference pulps at three different gold grades are being used: 0.154 parts per million (“ppm”), 0.778 ppm, and 2.58 ppm. All 1.52 m drill intervals are monitored for recovery. Assay samples are placed in shipping sacks together with the field inserts upon completion of each hole. After a designated number of holes are completed, all assay samples are transported in their respective shipping sacks ALS in Tucson, Arizona by a Gold Basin contractor under Chain of Custody. Prior to shipping, all samples are maintained under the direct control and supervision of the on-site geological staff. Upon arrival in ALS Tucson, the samples are prepared using ALS codes CRU-31, SPL-31 and PUL-32 procedures (pulverize 1 kg split to 85% passing 75 microns) and fire-assayed for gold using ALS Code Au-AA25 procedure (30 gm fire assay with AA finish). ALS also inserts its own certified reference materials plus blanks and duplicates. All QA/QC results associated with the assays reported herein are within expectation. ALS is accredited to ISO/IEC 17025:2017 standards for specific preparation and analytical procedures.”

Stale Data Re-releasenegative

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

Why it applies: This result was previously released on July 10, 2024, indicating low genuine novelty.

Evidence · table

“10-Jul-24”

Context: ST24-027

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"

ST24-031Gold Basin · goldGrade: 1.31Grade Unit: g/tIntercept: 51.8 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
ST24-031
Project
Gold Basin
Commodity
gold
Region
usa_az
Reported Region
usa_az
Ticker
GXX

Geometry

Grade
1.31
Grade Unit
g/t
Intercept
51.8 m
From
82.3 m
To
134.1 m
Hole Depth
176.8 m
Intercept Depth
82.3 m

Classification

Program
mixed
Sample Type
drill
Group ID
ST24-031:82.3-134.1
Mining Method
open_pit

Location

Location
Stealth
Easting
747550
Northing
3962973
Azimuth
185 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Geochemistry
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2024-08-07T00:00:00.000Z

Dates

Event date
2024-08-22T00:00:00.000Z

Reasoning: This historical intercept of 51.8 m at 1.31 g/t Au is a broad and moderately high-grade result for an oxide gold open-pit project, but its novelty is low as it was previously released.

Positive factors

  • Moderate grade for open-pit gold
  • Strong intercept length
  • Good QA/QC disclosure

Negative factors

  • Apparent width only, true width not determined
  • Result is historical, reducing novelty

Evidence · table

“1.31”

Context: 51.8

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Intersection lengths are RC drilling interval lengths, and true widths are yet to be determined.

Evidence · text

“Intersection lengths are RC drilling interval lengths, and true widths are yet to be determined.”

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 blanks, standards, duplicates, and an ISO/IEC 17025:2017 accredited lab.

Evidence · text

“Quality Control/Quality Assurance (“QA/QC”) RC drilling samples are collected every 5 feet (1.52 m) and are reduced on-site using a triple-tier Gilson splitter, producing a ~2-3 kilogram (“kg”) assay sample and a ~3-5 kg twin sample that can be used for metallurgical testing or re-assay work. Coarse blank material and standard reference pulps are inserted into the sample stream on a 1-in-20 sample basis, and field duplicates are collected every 50 samples. Three standard reference pulps at three different gold grades are being used: 0.154 parts per million (“ppm”), 0.778 ppm, and 2.58 ppm. All 1.52 m drill intervals are monitored for recovery. Assay samples are placed in shipping sacks together with the field inserts upon completion of each hole. After a designated number of holes are completed, all assay samples are transported in their respective shipping sacks ALS in Tucson, Arizona by a Gold Basin contractor under Chain of Custody. Prior to shipping, all samples are maintained under the direct control and supervision of the on-site geological staff. Upon arrival in ALS Tucson, the samples are prepared using ALS codes CRU-31, SPL-31 and PUL-32 procedures (pulverize 1 kg split to 85% passing 75 microns) and fire-assayed for gold using ALS Code Au-AA25 procedure (30 gm fire assay with AA finish). ALS also inserts its own certified reference materials plus blanks and duplicates. All QA/QC results associated with the assays reported herein are within expectation. ALS is accredited to ISO/IEC 17025:2017 standards for specific preparation and analytical procedures.”

Stale Data Re-releasenegative

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

Why it applies: This result was previously released on August 7, 2024, indicating low genuine novelty.

Evidence · table

“07-Aug-24”

Context: ST24-031

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"

ST24-031Gold Basin · goldGrade: 1.69Grade Unit: g/tIntercept: 38.1 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
ST24-031
Project
Gold Basin
Commodity
gold
Region
usa_az
Reported Region
usa_az
Ticker
GXX

Geometry

Grade
1.69
Grade Unit
g/t
Intercept
38.1 m
From
94.5 m
To
132.6 m
Hole Depth
176.8 m
Intercept Depth
82.3 m

Classification

Program
mixed
Sample Type
drill
Group ID
ST24-031:94.5-132.6
Mining Method
open_pit

Location

Location
Stealth
Easting
747550
Northing
3962973
Azimuth
185 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Geochemistry
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2024-08-07T00:00:00.000Z

Dates

Event date
2024-08-22T00:00:00.000Z

Reasoning: This historical included intercept of 38.1 m at 1.69 g/t Au is a moderately high-grade result for an oxide gold open-pit project, but its novelty is low as it was previously released.

Positive factors

  • Moderate grade for open-pit gold
  • Moderate intercept length
  • Good QA/QC disclosure

Negative factors

  • Apparent width only, true width not determined
  • Result is historical, reducing novelty

Evidence · table

“1.69”

Context: 38.1

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Intersection lengths are RC drilling interval lengths, and true widths are yet to be determined.

Evidence · text

“Intersection lengths are RC drilling interval lengths, and true widths are yet to be determined.”

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 blanks, standards, duplicates, and an ISO/IEC 17025:2017 accredited lab.

Evidence · text

“Quality Control/Quality Assurance (“QA/QC”) RC drilling samples are collected every 5 feet (1.52 m) and are reduced on-site using a triple-tier Gilson splitter, producing a ~2-3 kilogram (“kg”) assay sample and a ~3-5 kg twin sample that can be used for metallurgical testing or re-assay work. Coarse blank material and standard reference pulps are inserted into the sample stream on a 1-in-20 sample basis, and field duplicates are collected every 50 samples. Three standard reference pulps at three different gold grades are being used: 0.154 parts per million (“ppm”), 0.778 ppm, and 2.58 ppm. All 1.52 m drill intervals are monitored for recovery. Assay samples are placed in shipping sacks together with the field inserts upon completion of each hole. After a designated number of holes are completed, all assay samples are transported in their respective shipping sacks ALS in Tucson, Arizona by a Gold Basin contractor under Chain of Custody. Prior to shipping, all samples are maintained under the direct control and supervision of the on-site geological staff. Upon arrival in ALS Tucson, the samples are prepared using ALS codes CRU-31, SPL-31 and PUL-32 procedures (pulverize 1 kg split to 85% passing 75 microns) and fire-assayed for gold using ALS Code Au-AA25 procedure (30 gm fire assay with AA finish). ALS also inserts its own certified reference materials plus blanks and duplicates. All QA/QC results associated with the assays reported herein are within expectation. ALS is accredited to ISO/IEC 17025:2017 standards for specific preparation and analytical procedures.”

Stale Data Re-releasenegative

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

Why it applies: This result was previously released on August 7, 2024, indicating low genuine novelty.

Evidence · table

“07-Aug-24”

Context: ST24-031

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"

ST24-031Gold Basin · goldGrade: 2.06Grade Unit: g/tIntercept: 13.7 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
ST24-031
Project
Gold Basin
Commodity
gold
Region
usa_az
Reported Region
usa_az
Ticker
GXX

Geometry

Grade
2.06
Grade Unit
g/t
Intercept
13.7 m
From
94.5 m
To
108.2 m
Hole Depth
176.8 m
Intercept Depth
82.3 m

Classification

Program
mixed
Sample Type
drill
Group ID
ST24-031:94.5-108.2
Mining Method
open_pit

Location

Location
Stealth
Easting
747550
Northing
3962973
Azimuth
185 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Geochemistry
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2024-08-07T00:00:00.000Z

Dates

Event date
2024-08-22T00:00:00.000Z

Reasoning: This historical included intercept of 13.7 m at 2.06 g/t Au is a strong grade for an oxide gold open-pit project, but its novelty is low as it was previously released.

Positive factors

  • Strong grade for open-pit gold
  • Good QA/QC disclosure

Negative factors

  • Apparent width only, true width not determined
  • Result is historical, reducing novelty

Evidence · table

“2.06”

Context: 13.7

Tags used in scoring

Bonanza Interceptpositive

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

Why it applies: The intercept of 13.7 m at 2.06 g/t Au is a strong grade for an open-pit gold project, exceeding the 2 g/t Au threshold.

Evidence · table

“2.06”

Context: 13.7

Apparent Width Onlynegative

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

Why it applies: Intersection lengths are RC drilling interval lengths, and true widths are yet to be determined.

Evidence · text

“Intersection lengths are RC drilling interval lengths, and true widths are yet to be determined.”

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 blanks, standards, duplicates, and an ISO/IEC 17025:2017 accredited lab.

Evidence · text

“Quality Control/Quality Assurance (“QA/QC”) RC drilling samples are collected every 5 feet (1.52 m) and are reduced on-site using a triple-tier Gilson splitter, producing a ~2-3 kilogram (“kg”) assay sample and a ~3-5 kg twin sample that can be used for metallurgical testing or re-assay work. Coarse blank material and standard reference pulps are inserted into the sample stream on a 1-in-20 sample basis, and field duplicates are collected every 50 samples. Three standard reference pulps at three different gold grades are being used: 0.154 parts per million (“ppm”), 0.778 ppm, and 2.58 ppm. All 1.52 m drill intervals are monitored for recovery. Assay samples are placed in shipping sacks together with the field inserts upon completion of each hole. After a designated number of holes are completed, all assay samples are transported in their respective shipping sacks ALS in Tucson, Arizona by a Gold Basin contractor under Chain of Custody. Prior to shipping, all samples are maintained under the direct control and supervision of the on-site geological staff. Upon arrival in ALS Tucson, the samples are prepared using ALS codes CRU-31, SPL-31 and PUL-32 procedures (pulverize 1 kg split to 85% passing 75 microns) and fire-assayed for gold using ALS Code Au-AA25 procedure (30 gm fire assay with AA finish). ALS also inserts its own certified reference materials plus blanks and duplicates. All QA/QC results associated with the assays reported herein are within expectation. ALS is accredited to ISO/IEC 17025:2017 standards for specific preparation and analytical procedures.”

Stale Data Re-releasenegative

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

Why it applies: This result was previously released on August 7, 2024, indicating low genuine novelty.

Evidence · table

“07-Aug-24”

Context: ST24-031

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"

ST24-031Gold Basin · goldGrade: 2.1Grade Unit: g/tIntercept: 15.2 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
ST24-031
Project
Gold Basin
Commodity
gold
Region
usa_az
Reported Region
usa_az
Ticker
GXX

Geometry

Grade
2.1
Grade Unit
g/t
Intercept
15.2 m
From
117.4 m
To
132.6 m
Hole Depth
176.8 m
Intercept Depth
82.3 m

Classification

Program
mixed
Sample Type
drill
Group ID
ST24-031:117.4-132.6
Mining Method
open_pit

Location

Location
Stealth
Easting
747550
Northing
3962973
Azimuth
185 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Geochemistry
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2024-08-07T00:00:00.000Z

Dates

Event date
2024-08-22T00:00:00.000Z

Reasoning: This historical included intercept of 15.2 m at 2.10 g/t Au is a strong grade for an oxide gold open-pit project, but its novelty is low as it was previously released.

Positive factors

  • Strong grade for open-pit gold
  • Good QA/QC disclosure

Negative factors

  • Apparent width only, true width not determined
  • Result is historical, reducing novelty

Evidence · table

“2.10”

Context: 15.2

Tags used in scoring

Bonanza Interceptpositive

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

Why it applies: The intercept of 15.2 m at 2.10 g/t Au is a strong grade for an open-pit gold project, exceeding the 2 g/t Au threshold.

Evidence · table

“2.10”

Context: 15.2

Apparent Width Onlynegative

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

Why it applies: Intersection lengths are RC drilling interval lengths, and true widths are yet to be determined.

Evidence · text

“Intersection lengths are RC drilling interval lengths, and true widths are yet to be determined.”

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 blanks, standards, duplicates, and an ISO/IEC 17025:2017 accredited lab.

Evidence · text

“Quality Control/Quality Assurance (“QA/QC”) RC drilling samples are collected every 5 feet (1.52 m) and are reduced on-site using a triple-tier Gilson splitter, producing a ~2-3 kilogram (“kg”) assay sample and a ~3-5 kg twin sample that can be used for metallurgical testing or re-assay work. Coarse blank material and standard reference pulps are inserted into the sample stream on a 1-in-20 sample basis, and field duplicates are collected every 50 samples. Three standard reference pulps at three different gold grades are being used: 0.154 parts per million (“ppm”), 0.778 ppm, and 2.58 ppm. All 1.52 m drill intervals are monitored for recovery. Assay samples are placed in shipping sacks together with the field inserts upon completion of each hole. After a designated number of holes are completed, all assay samples are transported in their respective shipping sacks ALS in Tucson, Arizona by a Gold Basin contractor under Chain of Custody. Prior to shipping, all samples are maintained under the direct control and supervision of the on-site geological staff. Upon arrival in ALS Tucson, the samples are prepared using ALS codes CRU-31, SPL-31 and PUL-32 procedures (pulverize 1 kg split to 85% passing 75 microns) and fire-assayed for gold using ALS Code Au-AA25 procedure (30 gm fire assay with AA finish). ALS also inserts its own certified reference materials plus blanks and duplicates. All QA/QC results associated with the assays reported herein are within expectation. ALS is accredited to ISO/IEC 17025:2017 standards for specific preparation and analytical procedures.”

Stale Data Re-releasenegative

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

Why it applies: This result was previously released on August 7, 2024, indicating low genuine novelty.

Evidence · table

“07-Aug-24”

Context: ST24-031

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"

ST24-028Gold Basin · goldGrade: 0.46Grade Unit: g/tIntercept: 89.9 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
ST24-028
Project
Gold Basin
Commodity
gold
Region
usa_az
Reported Region
usa_az
Ticker
GXX

Geometry

Grade
0.46
Grade Unit
g/t
Intercept
89.9 m
From
73.2 m
To
163.1 m
Hole Depth
176.8 m
Intercept Depth
73.2 m

Classification

Program
mixed
Sample Type
drill
Group ID
ST24-028:73.2-163.1
Mining Method
open_pit

Location

Location
Stealth
Easting
747451
Northing
3962968
Azimuth
170 °
Dip
-75 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Geochemistry
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2024-08-20T00:00:00.000Z

Dates

Event date
2024-08-22T00:00:00.000Z

Reasoning: This historical intercept of 89.9 m at 0.46 g/t Au is a broad but weak grade result for an oxide gold open-pit project, and its novelty is low as it was previously released.

Positive factors

  • Weak grade for open-pit gold
  • Strong intercept length
  • Good QA/QC disclosure

Negative factors

  • Apparent width only, true width not determined
  • Result is historical, reducing novelty

Evidence · table

“0.46”

Context: 89.9

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Intersection lengths are RC drilling interval lengths, and true widths are yet to be determined.

Evidence · text

“Intersection lengths are RC drilling interval lengths, and true widths are yet to be determined.”

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 blanks, standards, duplicates, and an ISO/IEC 17025:2017 accredited lab.

Evidence · text

“Quality Control/Quality Assurance (“QA/QC”) RC drilling samples are collected every 5 feet (1.52 m) and are reduced on-site using a triple-tier Gilson splitter, producing a ~2-3 kilogram (“kg”) assay sample and a ~3-5 kg twin sample that can be used for metallurgical testing or re-assay work. Coarse blank material and standard reference pulps are inserted into the sample stream on a 1-in-20 sample basis, and field duplicates are collected every 50 samples. Three standard reference pulps at three different gold grades are being used: 0.154 parts per million (“ppm”), 0.778 ppm, and 2.58 ppm. All 1.52 m drill intervals are monitored for recovery. Assay samples are placed in shipping sacks together with the field inserts upon completion of each hole. After a designated number of holes are completed, all assay samples are transported in their respective shipping sacks ALS in Tucson, Arizona by a Gold Basin contractor under Chain of Custody. Prior to shipping, all samples are maintained under the direct control and supervision of the on-site geological staff. Upon arrival in ALS Tucson, the samples are prepared using ALS codes CRU-31, SPL-31 and PUL-32 procedures (pulverize 1 kg split to 85% passing 75 microns) and fire-assayed for gold using ALS Code Au-AA25 procedure (30 gm fire assay with AA finish). ALS also inserts its own certified reference materials plus blanks and duplicates. All QA/QC results associated with the assays reported herein are within expectation. ALS is accredited to ISO/IEC 17025:2017 standards for specific preparation and analytical procedures.”

Stale Data Re-releasenegative

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

Why it applies: This result was previously released on August 20, 2024, indicating low genuine novelty.

Evidence · table

“20-Aug-24”

Context: ST24-028

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"

ST24-028Gold Basin · goldGrade: 0.78Grade Unit: g/tIntercept: 22.9 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
ST24-028
Project
Gold Basin
Commodity
gold
Region
usa_az
Reported Region
usa_az
Ticker
GXX

Geometry

Grade
0.78
Grade Unit
g/t
Intercept
22.9 m
From
96 m
To
118.9 m
Hole Depth
176.8 m
Intercept Depth
73.2 m

Classification

Program
mixed
Sample Type
drill
Group ID
ST24-028:96-118.9
Mining Method
open_pit

Location

Location
Stealth
Easting
747451
Northing
3962968
Azimuth
170 °
Dip
-75 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Geochemistry
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2024-08-20T00:00:00.000Z

Dates

Event date
2024-08-22T00:00:00.000Z

Reasoning: This historical included intercept of 22.9 m at 0.78 g/t Au is a weak grade result for an oxide gold open-pit project, and its novelty is low as it was previously released.

Positive factors

  • Weak grade for open-pit gold
  • Moderate intercept length
  • Good QA/QC disclosure

Negative factors

  • Apparent width only, true width not determined
  • Result is historical, reducing novelty

Evidence · table

“0.78”

Context: 22.9

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Intersection lengths are RC drilling interval lengths, and true widths are yet to be determined.

Evidence · text

“Intersection lengths are RC drilling interval lengths, and true widths are yet to be determined.”

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 blanks, standards, duplicates, and an ISO/IEC 17025:2017 accredited lab.

Evidence · text

“Quality Control/Quality Assurance (“QA/QC”) RC drilling samples are collected every 5 feet (1.52 m) and are reduced on-site using a triple-tier Gilson splitter, producing a ~2-3 kilogram (“kg”) assay sample and a ~3-5 kg twin sample that can be used for metallurgical testing or re-assay work. Coarse blank material and standard reference pulps are inserted into the sample stream on a 1-in-20 sample basis, and field duplicates are collected every 50 samples. Three standard reference pulps at three different gold grades are being used: 0.154 parts per million (“ppm”), 0.778 ppm, and 2.58 ppm. All 1.52 m drill intervals are monitored for recovery. Assay samples are placed in shipping sacks together with the field inserts upon completion of each hole. After a designated number of holes are completed, all assay samples are transported in their respective shipping sacks ALS in Tucson, Arizona by a Gold Basin contractor under Chain of Custody. Prior to shipping, all samples are maintained under the direct control and supervision of the on-site geological staff. Upon arrival in ALS Tucson, the samples are prepared using ALS codes CRU-31, SPL-31 and PUL-32 procedures (pulverize 1 kg split to 85% passing 75 microns) and fire-assayed for gold using ALS Code Au-AA25 procedure (30 gm fire assay with AA finish). ALS also inserts its own certified reference materials plus blanks and duplicates. All QA/QC results associated with the assays reported herein are within expectation. ALS is accredited to ISO/IEC 17025:2017 standards for specific preparation and analytical procedures.”

Stale Data Re-releasenegative

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

Why it applies: This result was previously released on August 20, 2024, indicating low genuine novelty.

Evidence · table

“20-Aug-24”

Context: ST24-028

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"

ST24-028Gold Basin · goldGrade: 1.36Grade Unit: g/tIntercept: 13.7 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
ST24-028
Project
Gold Basin
Commodity
gold
Region
usa_az
Reported Region
usa_az
Ticker
GXX

Geometry

Grade
1.36
Grade Unit
g/t
Intercept
13.7 m
From
131.1 m
To
144.8 m
Hole Depth
176.8 m
Intercept Depth
73.2 m

Classification

Program
mixed
Sample Type
drill
Group ID
ST24-028:131.1-144.8
Mining Method
open_pit

Location

Location
Stealth
Easting
747451
Northing
3962968
Azimuth
170 °
Dip
-75 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Geochemistry
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2024-08-20T00:00:00.000Z

Dates

Event date
2024-08-22T00:00:00.000Z

Reasoning: This historical included intercept of 13.7 m at 1.36 g/t Au is a moderately high-grade result for an oxide gold open-pit project, but its novelty is low as it was previously released.

Positive factors

  • Moderate grade for open-pit gold
  • Good QA/QC disclosure

Negative factors

  • Apparent width only, true width not determined
  • Result is historical, reducing novelty

Evidence · table

“1.36”

Context: 13.7

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Intersection lengths are RC drilling interval lengths, and true widths are yet to be determined.

Evidence · text

“Intersection lengths are RC drilling interval lengths, and true widths are yet to be determined.”

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 blanks, standards, duplicates, and an ISO/IEC 17025:2017 accredited lab.

Evidence · text

“Quality Control/Quality Assurance (“QA/QC”) RC drilling samples are collected every 5 feet (1.52 m) and are reduced on-site using a triple-tier Gilson splitter, producing a ~2-3 kilogram (“kg”) assay sample and a ~3-5 kg twin sample that can be used for metallurgical testing or re-assay work. Coarse blank material and standard reference pulps are inserted into the sample stream on a 1-in-20 sample basis, and field duplicates are collected every 50 samples. Three standard reference pulps at three different gold grades are being used: 0.154 parts per million (“ppm”), 0.778 ppm, and 2.58 ppm. All 1.52 m drill intervals are monitored for recovery. Assay samples are placed in shipping sacks together with the field inserts upon completion of each hole. After a designated number of holes are completed, all assay samples are transported in their respective shipping sacks ALS in Tucson, Arizona by a Gold Basin contractor under Chain of Custody. Prior to shipping, all samples are maintained under the direct control and supervision of the on-site geological staff. Upon arrival in ALS Tucson, the samples are prepared using ALS codes CRU-31, SPL-31 and PUL-32 procedures (pulverize 1 kg split to 85% passing 75 microns) and fire-assayed for gold using ALS Code Au-AA25 procedure (30 gm fire assay with AA finish). ALS also inserts its own certified reference materials plus blanks and duplicates. All QA/QC results associated with the assays reported herein are within expectation. ALS is accredited to ISO/IEC 17025:2017 standards for specific preparation and analytical procedures.”

Stale Data Re-releasenegative

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

Why it applies: This result was previously released on August 20, 2024, indicating low genuine novelty.

Evidence · table

“20-Aug-24”

Context: ST24-028

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"

ST24-030Gold Basin · goldGrade: 0.49Grade Unit: g/tIntercept: 89.9 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
ST24-030
Project
Gold Basin
Commodity
gold
Region
usa_az
Reported Region
usa_az
Ticker
GXX

Geometry

Grade
0.49
Grade Unit
g/t
Intercept
89.9 m
From
73.2 m
To
163.1 m
Hole Depth
201.2 m
Intercept Depth
73.2 m

Classification

Program
mixed
Sample Type
drill
Group ID
ST24-030:73.2-163.1
Mining Method
open_pit

Location

Location
Stealth
Easting
747499
Northing
3962975
Azimuth
175 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Geochemistry
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2024-08-20T00:00:00.000Z

Dates

Event date
2024-08-22T00:00:00.000Z

Reasoning: This historical intercept of 89.9 m at 0.49 g/t Au is a broad but weak grade result for an oxide gold open-pit project, and its novelty is low as it was previously released.

Positive factors

  • Weak grade for open-pit gold
  • Strong intercept length
  • Good QA/QC disclosure

Negative factors

  • Apparent width only, true width not determined
  • Result is historical, reducing novelty

Evidence · table

“0.49”

Context: 89.9

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Intersection lengths are RC drilling interval lengths, and true widths are yet to be determined.

Evidence · text

“Intersection lengths are RC drilling interval lengths, and true widths are yet to be determined.”

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 blanks, standards, duplicates, and an ISO/IEC 17025:2017 accredited lab.

Evidence · text

“Quality Control/Quality Assurance (“QA/QC”) RC drilling samples are collected every 5 feet (1.52 m) and are reduced on-site using a triple-tier Gilson splitter, producing a ~2-3 kilogram (“kg”) assay sample and a ~3-5 kg twin sample that can be used for metallurgical testing or re-assay work. Coarse blank material and standard reference pulps are inserted into the sample stream on a 1-in-20 sample basis, and field duplicates are collected every 50 samples. Three standard reference pulps at three different gold grades are being used: 0.154 parts per million (“ppm”), 0.778 ppm, and 2.58 ppm. All 1.52 m drill intervals are monitored for recovery. Assay samples are placed in shipping sacks together with the field inserts upon completion of each hole. After a designated number of holes are completed, all assay samples are transported in their respective shipping sacks ALS in Tucson, Arizona by a Gold Basin contractor under Chain of Custody. Prior to shipping, all samples are maintained under the direct control and supervision of the on-site geological staff. Upon arrival in ALS Tucson, the samples are prepared using ALS codes CRU-31, SPL-31 and PUL-32 procedures (pulverize 1 kg split to 85% passing 75 microns) and fire-assayed for gold using ALS Code Au-AA25 procedure (30 gm fire assay with AA finish). ALS also inserts its own certified reference materials plus blanks and duplicates. All QA/QC results associated with the assays reported herein are within expectation. ALS is accredited to ISO/IEC 17025:2017 standards for specific preparation and analytical procedures.”

Stale Data Re-releasenegative

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

Why it applies: This result was previously released on August 20, 2024, indicating low genuine novelty.

Evidence · table

“20-Aug-24”

Context: ST24-030

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"

ST24-030Gold Basin · goldGrade: 0.76Grade Unit: g/tIntercept: 13.7 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
ST24-030
Project
Gold Basin
Commodity
gold
Region
usa_az
Reported Region
usa_az
Ticker
GXX

Geometry

Grade
0.76
Grade Unit
g/t
Intercept
13.7 m
From
131.1 m
To
144.8 m
Hole Depth
201.2 m
Intercept Depth
73.2 m

Classification

Program
mixed
Sample Type
drill
Group ID
ST24-030:131.1-144.8
Mining Method
open_pit

Location

Location
Stealth
Easting
747499
Northing
3962975
Azimuth
175 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Geochemistry
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2024-08-20T00:00:00.000Z

Dates

Event date
2024-08-22T00:00:00.000Z

Reasoning: This historical included intercept of 13.7 m at 0.76 g/t Au is a weak grade result for an oxide gold open-pit project, and its novelty is low as it was previously released.

Positive factors

  • Weak grade for open-pit gold
  • Good QA/QC disclosure

Negative factors

  • Apparent width only, true width not determined
  • Result is historical, reducing novelty

Evidence · table

“0.76”

Context: 13.7

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Intersection lengths are RC drilling interval lengths, and true widths are yet to be determined.

Evidence · text

“Intersection lengths are RC drilling interval lengths, and true widths are yet to be determined.”

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 blanks, standards, duplicates, and an ISO/IEC 17025:2017 accredited lab.

Evidence · text

“Quality Control/Quality Assurance (“QA/QC”) RC drilling samples are collected every 5 feet (1.52 m) and are reduced on-site using a triple-tier Gilson splitter, producing a ~2-3 kilogram (“kg”) assay sample and a ~3-5 kg twin sample that can be used for metallurgical testing or re-assay work. Coarse blank material and standard reference pulps are inserted into the sample stream on a 1-in-20 sample basis, and field duplicates are collected every 50 samples. Three standard reference pulps at three different gold grades are being used: 0.154 parts per million (“ppm”), 0.778 ppm, and 2.58 ppm. All 1.52 m drill intervals are monitored for recovery. Assay samples are placed in shipping sacks together with the field inserts upon completion of each hole. After a designated number of holes are completed, all assay samples are transported in their respective shipping sacks ALS in Tucson, Arizona by a Gold Basin contractor under Chain of Custody. Prior to shipping, all samples are maintained under the direct control and supervision of the on-site geological staff. Upon arrival in ALS Tucson, the samples are prepared using ALS codes CRU-31, SPL-31 and PUL-32 procedures (pulverize 1 kg split to 85% passing 75 microns) and fire-assayed for gold using ALS Code Au-AA25 procedure (30 gm fire assay with AA finish). ALS also inserts its own certified reference materials plus blanks and duplicates. All QA/QC results associated with the assays reported herein are within expectation. ALS is accredited to ISO/IEC 17025:2017 standards for specific preparation and analytical procedures.”

Stale Data Re-releasenegative

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

Why it applies: This result was previously released on August 20, 2024, indicating low genuine novelty.

Evidence · table

“20-Aug-24”

Context: ST24-030

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.