# Golden Ridge Intersects 86 Meters of 1.00 G/T Au Including 22 Meters of 1.58 g/t at the Williams Gold Property and Completes Phase II Drilling

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/golden-ridge-intersects-86-meters-of-1-00-g-t-au-including-22-meters-of-1-58-g-t--16053a01-a61d-4c7b-ae18-93cd5b158dd9

Original source: https://money.tmx.com/en/quote/GLDN/news/6211118697748761/golden-ridge-intersects-86-meters-of-1-00-g-t-au-including-22-meters-of-1-58-g-t

Publisher: tmx

Original announcement: 2023-11-30T13:30:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Golden Ridge Resources Ltd.

- Ticker: GLDN

- Exchange: TSX

- Region: Newfoundland

- Primary commodity: Gold

- Secondary commodities: Copper, Silver, Lead, Zinc, Molybdenum, Sphalerite

- Document categories: Drill results

- Extracted: 2026-09-14 03:31:38 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Golden Ridge Resources has completed its 2023 Phase II drilling campaign at the Williams Gold Property, highlighted by a significant 86-meter intercept of 1.00 g/t Au in hole WIL-23-30. This intercept includes a high-grade 2.00-meter zone at 9.21 g/t Au and represents the largest gram-meter interval reported at the property to date.

Reasoning: The release reports a significant new high-grade gram-meter intercept \(86m @ 1.00 g/t Au\) that extends the known mineralized footprint via step-out drilling.

- Positive factor: largest gram-meter intercept to date

- Positive factor: step-out drilling successful

- Positive factor: mineralization appears more pervasive

- Positive factor: multiple mineralized zones confirmed

- Negative factor: true widths not yet calculated

Facts used in scoring: 2

## Classification and evidence

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: WIL-23-30 is described as a 12.5-meter step-out from WIL-22-12.

Evidence · text

> WIL-23-30 \(a 12.5-meter step-out from WIL-22-12\)

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: Release mentions SGS Canada Inc. \(ISO/IEC 17025 accredited\) and use of standards and blanks.

Evidence · text

> SGS is ISO/IEC 17025 accredited. ... Golden Ridge submits certified reference standards and blanks

**Apparent Width Only**

Polarity: negative

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

Why it applies: The document explicitly states that true widths have not been calculated at this time.

Evidence · text

> True widths of the report intersections have not been calculated at this time.

## Extracted facts

Stored fact records: 2. Some facts used in scoring do not have a stored record.

## Drill Results (2)

### WIL-23-30

[Link to this fact](https://atlas-extractions.minestarters.com/news/golden-ridge-intersects-86-meters-of-1-00-g-t-au-including-22-meters-of-1-58-g-t--16053a01-a61d-4c7b-ae18-93cd5b158dd9#fact-drill-facts-0)

Williams · gold

#### Identity

- Hole ID: WIL-23-30
- Project: Williams
- Commodity: gold
- Region: canada\_nl
- Reported Region: canada\_nl
- Ticker: GLDN

#### Geometry

- Grade: 1
- Grade Unit: g/t
- Intercept: 86 m
- From: 63 m
- To: 149 m
- Intercept Depth: 63 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: WIL-23-30:63-149
- Mining Method: underground

#### Location

- Location: Cabin Zone Extension
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Canada Inc.
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-11-30T00:00:00.000Z

Reasoning: 86m @ 1.00 g/t Au is a significant gram-meter intercept for this project.

- Positive factor: largest gram-meter intercept to date

- Negative factor: true width not calculated

Evidence · text

> WIL-23-30 intersected 86 meters of 1.00 g/t Au from 63.00 meters

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### WIL-23-30

[Link to this fact](https://atlas-extractions.minestarters.com/news/golden-ridge-intersects-86-meters-of-1-00-g-t-au-including-22-meters-of-1-58-g-t--16053a01-a61d-4c7b-ae18-93cd5b158dd9#fact-drill-facts-1)

Williams · gold

#### Identity

- Hole ID: WIL-23-30
- Project: Williams
- Commodity: gold
- Region: canada\_nl
- Reported Region: canada\_nl
- Ticker: GLDN

#### Geometry

- Grade: 9.21
- Grade Unit: g/t
- Intercept: 2 m
- From: 81 m
- To: 83 m
- Intercept Depth: 63 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: WIL-23-30:81-83
- Mining Method: underground

#### Location

- Location: Cabin Zone Extension
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Canada Inc.
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-11-30T00:00:00.000Z

Reasoning: High grade 2m intercept within a larger mineralized zone.

- Positive factor: high grade sub-interval

Evidence · text

> including 2.00 meters of 9.21 g/t Au from 81.00 meters

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
