# Golden Ridge Resources Continues to Intercept Mineralization Including 14.4m of 1.51 G/T Au in Hole WIL-22-21 from Maiden Drill Program on the Williams Gold Property

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/golden-ridge-resources-continues-to-intercept-mineralization-including-14-4m-of--7a70f31e-48d1-4c53-b038-590d1526c118

Original source: https://money.tmx.com/en/quote/GLDN/news/4928368346681915/golden-ridge-resources-continues-to-intercept-mineralization-including-14-4m-of-

Publisher: tmx

Original announcement: 2023-05-01T12:30:00.000Z

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 and Labrador

- Primary commodity: Gold

- Secondary commodities: Copper, Pyrite, Chalcopyrite, Pyrrhotite, Arsenopyrite, Antimony

- Document categories: Drill results

- Extracted: 2026-09-14 03:35:54 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Golden Ridge Resources has reported additional gold mineralization from its maiden drill program at the Williams Gold Property. Highlights include a 14.4m intercept at 1.51 g/t Au, with mineralization encountered in over 90% of the 2022 holes drilled.

Reasoning: Maiden drill program continues to show high success rates with significant gold intercepts and continuity along the Appleton Fault Corridor.

- Positive factor: high hit rate \(90% of holes\)

- Positive factor: mineralization continuity over 1.5km

- Positive factor: QA/QC disclosed

- Positive factor: QP signed

- Negative factor: apparent width only \(true width not calculated\)

Facts used in scoring: 3

## Classification and evidence

**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 ISO/IEC 17025 accredited labs, certified reference standards, and blanks.

Evidence · text

> Both laboratories are 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

> insufficient data are available at this time to state the true thickness of the mineralized intervals.

**QP/CP Signed**

Polarity: positive

Story-specific tag

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: Dr. Stephen Amor, PGeo, is named as the Qualified Person who reviewed and approved the data.

Evidence · text

> Qualified Person: Dr. Stephen Amor, PhD, PGeo ... is the Qualified Person

## Extracted facts

Stored fact records: 3. Some facts used in scoring do not have a stored record.

## Drill Results (3)

### WIL-22-21

[Link to this fact](https://atlas-extractions.minestarters.com/news/golden-ridge-resources-continues-to-intercept-mineralization-including-14-4m-of--7a70f31e-48d1-4c53-b038-590d1526c118#fact-drill-facts-0)

Williams · gold

#### Identity

- Hole ID: WIL-22-21
- Project: Williams
- Commodity: gold
- Region: canada\_nl
- Reported Region: canada\_nl
- Ticker: GLDN

#### Geometry

- Grade: 1.51
- Grade Unit: g/t
- Intercept: 14.4 m
- From: 88.1 m
- To: 102.5 m
- Intercept Depth: 88.1 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: WIL-22-21:88.1-102.5
- Mining Method: unknown

#### Location

- Location: Appleton Fault Corridor
- Loc. Source: document

#### QA/QC

- Laboratory: Eastern Analytical Ltd and 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: 2023-05-01T00:00:00.000Z

Reasoning: 14.4m at 1.51 g/t Au is a solid exploration intercept for this setting.

- Positive factor: significant intercept

- Negative factor: apparent width only

Evidence · text

> 14.4 meters of 1.51 g/t Au from 88.10 to 102.50 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-22-21

[Link to this fact](https://atlas-extractions.minestarters.com/news/golden-ridge-resources-continues-to-intercept-mineralization-including-14-4m-of--7a70f31e-48d1-4c53-b038-590d1526c118#fact-drill-facts-1)

Williams · gold

#### Identity

- Hole ID: WIL-22-21
- Project: Williams
- Commodity: gold
- Region: canada\_nl
- Reported Region: canada\_nl
- Ticker: GLDN

#### Geometry

- Grade: 2.49
- Grade Unit: g/t
- Intercept: 4.6 m
- From: 88.1 m
- To: 102.5 m
- Intercept Depth: 88.1 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: WIL-22-21:88.1-102.5
- Mining Method: unknown

#### Location

- Location: Appleton Fault Corridor
- Loc. Source: document

#### QA/QC

- Laboratory: Eastern Analytical Ltd and 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: 2023-05-01T00:00:00.000Z

Reasoning: High grade sub-interval within the main intercept.

- Positive factor: high grade sub-interval

Evidence · text

> including 4.6 meters of 2.49 g/t Au

#### 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-22-20

[Link to this fact](https://atlas-extractions.minestarters.com/news/golden-ridge-resources-continues-to-intercept-mineralization-including-14-4m-of--7a70f31e-48d1-4c53-b038-590d1526c118#fact-drill-facts-2)

Williams · gold

#### Identity

- Hole ID: WIL-22-20
- Project: Williams
- Commodity: gold
- Region: canada\_nl
- Reported Region: canada\_nl
- Ticker: GLDN

#### Geometry

- Grade: 0.62
- Grade Unit: g/t
- Intercept: 30 m
- From: 64 m
- To: 94 m
- Intercept Depth: 64 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: WIL-22-20:64-94
- Mining Method: unknown

#### Location

- Location: Appleton Fault Corridor
- Loc. Source: document

#### QA/QC

- Laboratory: Eastern Analytical Ltd and 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: 2023-05-01T00:00:00.000Z

Reasoning: Wide intercept but relatively low grade.

- Positive factor: significant width

Evidence · text

> 30.0 meters of 0.62 g/t Au from 64.00 to 94.00 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.
