# Golden Ridge Resources Intercepts High Grade and Disseminated Mineralization Including 0.5m of 50.5 G/T Au in Hole WIL-22-14 and 37.8m of 0.7 G/T Au in Hole WIL-22-12 from Maiden Drill Program on the Williams Gold Property Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/golden-ridge-resources-intercepts-high-grade-and-disseminated-mineralization-inc--24a6bec3-f48e-402a-9b8f-cb95cc665ca9 Original source: https://money.tmx.com/en/quote/GLDN/news/6684537429376158/golden-ridge-resources-intercepts-high-grade-and-disseminated-mineralization-inc Publisher: tmx Original announcement: 2023-03-13T12:30:00.000Z 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, Silver, Lead, Zinc, Arsenic, Antimony - Document categories: Drill results - Extracted: 2026-09-14 04:17:10 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Golden Ridge Resources has announced high-grade maiden drill results from its Williams Gold Property in Newfoundland, including a 0.5m intercept of 50.45 g/t Au. The program has consistently intersected near-surface gold mineralization across multiple zones. Reasoning: High-grade maiden drill results with visible gold and strong correlation to soil anomalies. - Positive factor: Bonanza grade intercept of 50.45 g/t Au - Positive factor: Visible gold observed in core - Positive factor: Maiden program showing consistent mineralization - Positive factor: QA/QC protocols and certified labs disclosed - Negative factor: True widths not yet calculated Facts used in scoring: 2 ## Classification and evidence **Bonanza Intercept** Polarity: positive Definition: Exceptionally high-grade zone, well above the deposit-type norm. Why it applies: 0.5m at 50.45 g/t Au is exceptionally high grade. Evidence · text > 0.5 meters of 50.45 g/t Au **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, 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 company explicitly states that true widths have not been calculated. 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-22-14 [Link to this fact](https://atlas-extractions.minestarters.com/news/golden-ridge-resources-intercepts-high-grade-and-disseminated-mineralization-inc--24a6bec3-f48e-402a-9b8f-cb95cc665ca9#fact-drill-facts-0) Williams · gold #### Identity - Hole ID: WIL-22-14 - Project: Williams - Commodity: gold - Region: canada\_nl - Reported Region: canada\_nl - Ticker: GLDN #### Geometry - Grade: 50.45 - Grade Unit: g/t - Intercept: 0.5 m - From: 11 m - To: 11.5 m - Intercept Depth: 11 m #### Classification - Program: exploration - Sample Type: drill - Group ID: WIL-22-14:11-11.5 - Mining Method: unknown #### Location - Loc. Confidence: medium #### QA/QC - Laboratory: SGS Canada Inc. and Eastern Analytical Laboratory - 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: 2023-03-13T00:00:00.000Z Reasoning: Exceptional gold grade in a maiden program. - Positive factor: Bonanza grade intercept - Positive factor: Visible gold observed Evidence · text > 0.5 meters of 50.45 g/t Au from 11 to 11.5 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-22-12 [Link to this fact](https://atlas-extractions.minestarters.com/news/golden-ridge-resources-intercepts-high-grade-and-disseminated-mineralization-inc--24a6bec3-f48e-402a-9b8f-cb95cc665ca9#fact-drill-facts-1) Williams · gold #### Identity - Hole ID: WIL-22-12 - Project: Williams - Commodity: gold - Region: canada\_nl - Reported Region: canada\_nl - Ticker: GLDN #### Geometry - Grade: 0.7 - Grade Unit: g/t - Intercept: 37.8 m - From: 6.24 m - To: 44.07 m - Intercept Depth: 6.24 m #### Classification - Program: exploration - Sample Type: drill - Group ID: WIL-22-12:6.24-44.07 - Mining Method: unknown #### Location - Loc. Confidence: medium #### QA/QC - Laboratory: SGS Canada Inc. and Eastern Analytical Laboratory - 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: 2023-03-13T00:00:00.000Z Reasoning: Broad interval of disseminated gold mineralization. - Positive factor: Significant width of mineralization Evidence · text > 37.8 meters of 0.7 g/t Au from 6.24 to 44.07 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.