i-80 Gold Announces Additional High-Grade Assay Results From Archimedes Underground Including 16.2 g/t Au Over 56.4 Meters; Updates Timing of 2026 Technical Studies

Original announcement by tmx on

Company
i-80 Gold Corp.
Ticker
IAU
Exchange
TSX
Region
northeastern Nevada, USA
Primary commodity
Gold
Secondary commodities
Silver
Document categories
Drill results, Resource update
Extracted
2026-09-12 06:39:50 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

i-80 Gold announced high-grade gold assay results from infill drilling at its Archimedes Underground Project in Nevada, including 16.2 g/t Au over 56.4 meters. The results extend known mineralization and confirm continuity, supporting the planned start of mining in Q4 2026. The company also noted a delay in feasibility studies for its Granite Creek and Cove underground projects from Q2 to Q3 2026.

Reasoning: The drill results demonstrate excellent high-grade gold intercepts over significant widths, extending the known mineralization at Archimedes. This is a strong positive for the project's potential. While technical studies for other projects are delayed, the core Archimedes development remains on track, and the resource estimate, though historical, provides a solid base.

Positive factors

  • High-grade gold intercepts with significant widths
  • Drilling extends known mineralization and confirms continuity
  • Robust QA/QC procedures disclosed
  • Project development remains on schedule for first gold in Q4 2026

Negative factors

  • Delay in feasibility-level technical studies for other projects

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

Facts used in scoring: 42

Classification and evidence

Bonanza Interceptpositive

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

Why it applies: Hole iAU26-09 returned 16.2 g/t Au over 56.4 m and iAU26-11 returned 21.9 g/t Au over 20.2 m, which are exceptionally high grades and widths for underground gold deposits.

Evidence · text

“16.2 g/t Au over 56.4 m in hole iAU26-09 (sulfide) 21.9 g/t Au over 20.2 m in hole iAU26-11 (sulfide)”

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: The document states that true widths are estimated between approximately 40%-65% of core width.

Evidence · text

“True widths are estimated between approximately 40% - 65% of core width.”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: Drill results are described as extending the known mineralized area and demonstrating an expansion of mineralization beyond current resource boundaries.

Evidence · text

“demonstrating significant widths and continuity of high-grade material that extends the known mineralized area”

QA/QC Disclosedpositive

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

Why it applies: The release mentions MSALABS as an ISO accredited laboratory and details the company's QA/QC program including standards, duplicates, and blanks.

Evidence · text

“All samples were submitted to MSALABS (MSA) of Elko, NV, which is an an ISO9001 and ISO/IEC 17025 accredited laboratory, independent of the Company. Samples submitted through MSA are crushed to 80% passing 2 mm and analyzed using CPA-Au1 (Au; 500 gram photon assay). MSA also undertakes their own internal coarse duplicate analysis to ensure proper sample preparation and equipment calibration. i-80 Gold's QA/QC program includes regular insertion of standards, duplicates, and blanks into the sample stream with a stringent review of all results.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drill campaign is explicitly described as an 'infill drill campaign' and 'infill drilling to support mineral reserve estimation'.

Evidence · text

“completed 2025-2026 infill drill campaign”

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: The resource estimate includes a significant portion of Inferred Mineral Resources (4.2 million tonnes).

Evidence · table

“Inferred Mineral Resources”

Context: 4,188

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: The resource estimate and technical information are stated to be in accordance with National Instrument 43-101.

Evidence · text

“prepared in accordance with National Instrument 43-101- Standards of Disclosure for Mineral Projects”

QP/CP Signedpositive

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: The technical information and resource review were supervised, reviewed, and approved by Paul Chawrun P.Eng., Tyler Hill CPG., and a Qualified Person from Practical Mining LLC.

Evidence · text

“The technical information contained in this press release has been prepared under the supervision of, and has been reviewed and approved by Paul Chawrun P.Eng., Executive Vice President and Chief Operating Officer, and Tyler Hill CPG., Vice President Geology, for the Company, each of whom are qualified persons within the meaning of NI 43-101 and S-K 1300. ... A Qualified Person and employee of Practical Mining LLC, has reviewed the Ruby Hill Underground mineral resources and material assumptions included in the Ruby Hill Technical Report and confirmed that they remain current as of December 31, 2025.”

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: The cut-off grades for the resource estimate are clearly stated for both the 426 and Ruby Deeps deposits.

Evidence · text

“Pressure oxidation cutoff grades are 5.06 and 5.48 Au g/t (0.148 and 0.160 opt) for the 426 and Ruby Deeps deposits respectively.”

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: The document references an existing mineral resource estimate for Archimedes, indicating it is an update or restatement rather than a maiden resource.

Evidence · text

“Archimedes hosts an Indicated Mineral Resource of 1.8 million tonnes containing 436,000 ounces of gold grading 7.6 grams per tonne and an Inferred Mineral Resource of 4.2 million tonnes containing 988,000 ounces of gold grading 7.3 grams per tonne”

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: The mineral resource estimate is explicitly stated as supporting a Preliminary Economic Assessment (PEA).

Evidence · text

“mineral resource estimate used to support the Archimedes preliminary economic assessment”

Stale Data Re-releasenegative

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

Why it applies: The resource estimate referenced has an effective date of December 31, 2025, and was filed on March 31, 2025, making it historical data in this June 2026 release.

Evidence · text

“As of December 31, 2025, Archimedes hosts an Indicated Mineral Resource of 1.8 million tonnes... (1) ... The PEA ... filed on March 31, 2025”

Extracted facts

Stored fact records: 42. Some facts used in scoring do not have a stored record.

Drill Results (34)

iAU26-06Archimedes Underground · goldGrade: 7.9Grade Unit: g/tIntercept: 9.1 mView all details
Link to this fact

Identity

Hole ID
iAU26-06
Project
Archimedes Underground
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
IAU

Geometry

Grade
7.9
Grade Unit
g/t
Intercept
9.1 m
From
107.6 m
To
116.7 m
Intercept Depth
107.6 m

Classification

Program
resource
Sample Type
drill
Group ID
iAU26-06:107.6-116.7
Mining Method
underground

Location

Easting
587367
Northing
4375865
CRS
NAD83 Zone 11N
EPSG
26911
Elevation
1774 m
Azimuth
302 °
Dip
-51 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS (MSA) of Elko, NV
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: This intercept shows good gold grade and width, contributing positively to the resource confidence in an underground mining context.

Positive factors

  • High-grade gold intercept for underground mining
  • Infill drilling confirms continuity

Evidence · table

“7.9”

Context: 9.1

Tags used in scoring

QA/QC Disclosedpositive

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 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 "resource"

iAU26-06Archimedes Underground · goldGrade: 6.8Grade Unit: g/tIntercept: 3.8 mView all details
Link to this fact

Identity

Hole ID
iAU26-06
Project
Archimedes Underground
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
IAU

Geometry

Grade
6.8
Grade Unit
g/t
Intercept
3.8 m
From
137.8 m
To
141.7 m
Intercept Depth
107.6 m

Classification

Program
resource
Sample Type
drill
Group ID
iAU26-06:137.8-141.7
Mining Method
underground

Location

Easting
587367
Northing
4375865
CRS
NAD83 Zone 11N
EPSG
26911
Elevation
1774 m
Azimuth
302 °
Dip
-51 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS (MSA) of Elko, NV
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: This intercept shows good gold grade, contributing positively to the resource confidence in an underground mining context.

Positive factors

  • Good gold grade for underground mining
  • Infill drilling confirms continuity

Evidence · table

“6.8”

Context: 3.8

Tags used in scoring

QA/QC Disclosedpositive

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 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 "resource"

iAU26-06Archimedes Underground · goldGrade: 7.4Grade Unit: g/tIntercept: 6.9 mView all details
Link to this fact

Identity

Hole ID
iAU26-06
Project
Archimedes Underground
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
IAU

Geometry

Grade
7.4
Grade Unit
g/t
Intercept
6.9 m
From
157.2 m
To
164.1 m
Intercept Depth
107.6 m

Classification

Program
resource
Sample Type
drill
Group ID
iAU26-06:157.2-164.1
Mining Method
underground

Location

Easting
587367
Northing
4375865
CRS
NAD83 Zone 11N
EPSG
26911
Elevation
1774 m
Azimuth
302 °
Dip
-51 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS (MSA) of Elko, NV
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: This intercept shows good gold grade and width, contributing positively to the resource confidence in an underground mining context.

Positive factors

  • High-grade gold intercept for underground mining
  • Infill drilling confirms continuity

Evidence · table

“7.4”

Context: 6.9

Tags used in scoring

QA/QC Disclosedpositive

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 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 "resource"

iAU26-07Archimedes Underground · goldGrade: 16.1Grade Unit: g/tIntercept: 17.6 mView all details
Link to this fact

Identity

Hole ID
iAU26-07
Project
Archimedes Underground
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
IAU

Geometry

Grade
16.1
Grade Unit
g/t
Intercept
17.6 m
From
137.2 m
To
154.8 m
Intercept Depth
137.2 m

Classification

Program
resource
Sample Type
drill
Group ID
iAU26-07:137.2-154.8
Mining Method
underground

Location

Easting
587354
Northing
4375817
CRS
NAD83 Zone 11N
EPSG
26911
Elevation
1779 m
Azimuth
287 °
Dip
-34 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS (MSA) of Elko, NV
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: This intercept is bonanza grade over a significant width, strongly positive for the project's economics and resource confidence.

Positive factors

  • Exceptional high-grade gold intercept for underground mining
  • Significant width
  • Infill drilling confirms continuity

Evidence · table

“16.1”

Context: 17.6

Tags used in scoring

QA/QC Disclosedpositive

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 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 "resource"

iAU26-07Archimedes Underground · goldGrade: 2.4Grade Unit: g/tIntercept: 19.8 mView all details
Link to this fact

Identity

Hole ID
iAU26-07
Project
Archimedes Underground
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
IAU

Geometry

Grade
2.4
Grade Unit
g/t
Intercept
19.8 m
From
154.8 m
To
174.5 m
Intercept Depth
137.2 m

Classification

Program
resource
Sample Type
drill
Group ID
iAU26-07:154.8-174.5
Mining Method
underground

Location

Easting
587354
Northing
4375817
CRS
NAD83 Zone 11N
EPSG
26911
Elevation
1779 m
Azimuth
287 °
Dip
-34 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS (MSA) of Elko, NV
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a significant width, contributing to the overall resource.

Positive factors

  • Significant width
  • Infill drilling confirms continuity

Evidence · table

“2.4”

Context: 19.8

Tags used in scoring

QA/QC Disclosedpositive

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 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 "resource"

iAU26-07Archimedes Underground · goldGrade: 14Grade Unit: g/tIntercept: 10.8 mView all details
Link to this fact

Identity

Hole ID
iAU26-07
Project
Archimedes Underground
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
IAU

Geometry

Grade
14
Grade Unit
g/t
Intercept
10.8 m
From
185.6 m
To
196.4 m
Intercept Depth
137.2 m

Classification

Program
resource
Sample Type
drill
Group ID
iAU26-07:185.6-196.4
Mining Method
underground

Location

Easting
587354
Northing
4375817
CRS
NAD83 Zone 11N
EPSG
26911
Elevation
1779 m
Azimuth
287 °
Dip
-34 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS (MSA) of Elko, NV
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: This intercept shows strong high-grade gold over a good width, positively impacting the resource confidence.

Positive factors

  • Strong high-grade gold intercept for underground mining
  • Significant width
  • Infill drilling confirms continuity

Evidence · table

“14.0”

Context: 10.8

Tags used in scoring

QA/QC Disclosedpositive

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 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 "resource"

iAU26-08Archimedes Underground · goldGrade: 7.3Grade Unit: g/tIntercept: 33.1 mView all details
Link to this fact

Identity

Hole ID
iAU26-08
Project
Archimedes Underground
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
IAU

Geometry

Grade
7.3
Grade Unit
g/t
Intercept
33.1 m
From
183.5 m
To
216.6 m
Intercept Depth
183.5 m

Classification

Program
resource
Sample Type
drill
Group ID
iAU26-08:183.5-216.6
Mining Method
underground

Location

Easting
587415
Northing
4375965
CRS
NAD83 Zone 11N
EPSG
26911
Elevation
1758 m
Azimuth
5 °
Dip
-48 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS (MSA) of Elko, NV
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: This intercept shows strong high-grade gold over a very significant width, positively impacting the resource confidence.

Positive factors

  • Strong high-grade gold intercept for underground mining
  • Significant width
  • Infill drilling confirms continuity

Evidence · table

“7.3”

Context: 33.1

Tags used in scoring

QA/QC Disclosedpositive

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 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 "resource"

iAU26-08Archimedes Underground · goldGrade: 9.8Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
iAU26-08
Project
Archimedes Underground
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
IAU

Geometry

Grade
9.8
Grade Unit
g/t
Intercept
4 m
From
183.5 m
To
187.5 m
Intercept Depth
183.5 m

Classification

Program
resource
Sample Type
drill
Group ID
iAU26-08:183.5-187.5
Mining Method
underground

Location

Easting
587415
Northing
4375965
CRS
NAD83 Zone 11N
EPSG
26911
Elevation
1758 m
Azimuth
5 °
Dip
-48 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS (MSA) of Elko, NV
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: This intercept shows good gold grade and width, contributing positively to the resource confidence in an underground mining context.

Positive factors

  • High-grade gold intercept for underground mining
  • Infill drilling confirms continuity

Evidence · table

“9.8”

Context: 4.0

Tags used in scoring

QA/QC Disclosedpositive

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 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 "resource"

iAU26-09Archimedes Underground · goldGrade: 16.2Grade Unit: g/tIntercept: 56.4 mView all details
Link to this fact

Identity

Hole ID
iAU26-09
Project
Archimedes Underground
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
IAU

Geometry

Grade
16.2
Grade Unit
g/t
Intercept
56.4 m
From
145.9 m
To
202.3 m
Intercept Depth
145.9 m

Classification

Program
resource
Sample Type
drill
Group ID
iAU26-09:145.9-202.3
Mining Method
underground

Location

Easting
587354
Northing
4375817
CRS
NAD83 Zone 11N
EPSG
26911
Elevation
1779 m
Azimuth
281 °
Dip
-31 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS (MSA) of Elko, NV
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: This intercept is exceptionally high-grade over a very significant width, representing a bonanza result that strongly enhances the project's economics and resource confidence.

Positive factors

  • Bonanza high-grade gold intercept for underground mining
  • Exceptional width
  • Infill drilling confirms continuity
  • Extends known mineralization

Evidence · table

“16.2”

Context: 56.4

Tags used in scoring

QA/QC Disclosedpositive

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 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 "resource"

iAU26-11Archimedes Underground · goldGrade: 21.9Grade Unit: g/tIntercept: 20.2 mView all details
Link to this fact

Identity

Hole ID
iAU26-11
Project
Archimedes Underground
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
IAU

Geometry

Grade
21.9
Grade Unit
g/t
Intercept
20.2 m
From
181.4 m
To
201.6 m
Intercept Depth
181.4 m

Classification

Program
resource
Sample Type
drill
Group ID
iAU26-11:181.4-201.6
Mining Method
underground

Location

Easting
587354
Northing
4375817
CRS
NAD83 Zone 11N
EPSG
26911
Elevation
1779 m
Azimuth
276 °
Dip
-31 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS (MSA) of Elko, NV
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: This intercept is exceptionally high-grade over a significant width, representing a bonanza result that strongly enhances the project's economics and resource confidence.

Positive factors

  • Bonanza high-grade gold intercept for underground mining
  • Significant width
  • Infill drilling confirms continuity
  • Extends known mineralization

Evidence · table

“21.9”

Context: 20.2

Tags used in scoring

QA/QC Disclosedpositive

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 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 "resource"

iAU26-12Archimedes Underground · goldGrade: 2.4Grade Unit: g/tIntercept: 28.3 mView all details
Link to this fact

Identity

Hole ID
iAU26-12
Project
Archimedes Underground
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
IAU

Geometry

Grade
2.4
Grade Unit
g/t
Intercept
28.3 m
From
107.4 m
To
135.8 m
Intercept Depth
107.4 m

Classification

Program
resource
Sample Type
drill
Group ID
iAU26-12:107.4-135.8
Mining Method
underground

Location

Easting
587415
Northing
4375965
CRS
NAD83 Zone 11N
EPSG
26911
Elevation
1759 m
Azimuth
355 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS (MSA) of Elko, NV
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a significant width, contributing to the overall resource.

Positive factors

  • Significant width
  • Infill drilling confirms continuity

Evidence · table

“2.4”

Context: 28.3

Tags used in scoring

QA/QC Disclosedpositive

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 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 "resource"

iAU26-12Archimedes Underground · goldGrade: 5.2Grade Unit: g/tIntercept: 5.7 mView all details
Link to this fact

Identity

Hole ID
iAU26-12
Project
Archimedes Underground
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
IAU

Geometry

Grade
5.2
Grade Unit
g/t
Intercept
5.7 m
From
138.7 m
To
144.4 m
Intercept Depth
107.4 m

Classification

Program
resource
Sample Type
drill
Group ID
iAU26-12:138.7-144.4
Mining Method
underground

Location

Easting
587415
Northing
4375965
CRS
NAD83 Zone 11N
EPSG
26911
Elevation
1759 m
Azimuth
355 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS (MSA) of Elko, NV
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: This intercept shows good gold grade and width, contributing positively to the resource confidence in an underground mining context.

Positive factors

  • Good gold grade for underground mining
  • Infill drilling confirms continuity

Evidence · table

“5.2”

Context: 5.7

Tags used in scoring

QA/QC Disclosedpositive

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 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 "resource"

iAU26-12Archimedes Underground · goldGrade: 9Grade Unit: g/tIntercept: 8.7 mView all details
Link to this fact

Identity

Hole ID
iAU26-12
Project
Archimedes Underground
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
IAU

Geometry

Grade
9
Grade Unit
g/t
Intercept
8.7 m
From
167.8 m
To
176.5 m
Intercept Depth
107.4 m

Classification

Program
resource
Sample Type
drill
Group ID
iAU26-12:167.8-176.5
Mining Method
underground

Location

Easting
587415
Northing
4375965
CRS
NAD83 Zone 11N
EPSG
26911
Elevation
1759 m
Azimuth
355 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS (MSA) of Elko, NV
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: This intercept shows good gold grade and width, contributing positively to the resource confidence in an underground mining context.

Positive factors

  • High-grade gold intercept for underground mining
  • Infill drilling confirms continuity

Evidence · table

“9.0”

Context: 8.7

Tags used in scoring

QA/QC Disclosedpositive

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 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 "resource"

iAU26-12Archimedes Underground · goldGrade: 10.7Grade Unit: g/tIntercept: 16.6 mView all details
Link to this fact

Identity

Hole ID
iAU26-12
Project
Archimedes Underground
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
IAU

Geometry

Grade
10.7
Grade Unit
g/t
Intercept
16.6 m
From
190.1 m
To
206.7 m
Intercept Depth
107.4 m

Classification

Program
resource
Sample Type
drill
Group ID
iAU26-12:190.1-206.7
Mining Method
underground

Location

Easting
587415
Northing
4375965
CRS
NAD83 Zone 11N
EPSG
26911
Elevation
1759 m
Azimuth
355 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS (MSA) of Elko, NV
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: This intercept shows strong high-grade gold over a good width, positively impacting the resource confidence.

Positive factors

  • Strong high-grade gold intercept for underground mining
  • Significant width
  • Infill drilling confirms continuity

Evidence · table

“10.7”

Context: 16.6

Tags used in scoring

QA/QC Disclosedpositive

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 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 "resource"

iAU26-13Archimedes Underground · goldGrade: 2.2Grade Unit: g/tIntercept: 5.2 mView all details
Link to this fact

Identity

Hole ID
iAU26-13
Project
Archimedes Underground
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
IAU

Geometry

Grade
2.2
Grade Unit
g/t
Intercept
5.2 m
From
142.9 m
To
148 m
Intercept Depth
142.9 m

Classification

Program
resource
Sample Type
drill
Group ID
iAU26-13:142.9-148
Mining Method
underground

Location

Easting
587415
Northing
4375965
CRS
NAD83 Zone 11N
EPSG
26911
Elevation
1759 m
Azimuth
353 °
Dip
-51 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS (MSA) of Elko, NV
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a good width, contributing to the overall resource.

Positive factors

  • Infill drilling confirms continuity

Evidence · table

“2.2”

Context: 5.2

Tags used in scoring

QA/QC Disclosedpositive

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 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 "resource"

iAU26-13Archimedes Underground · goldGrade: 6.6Grade Unit: g/tIntercept: 17.8 mView all details
Link to this fact

Identity

Hole ID
iAU26-13
Project
Archimedes Underground
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
IAU

Geometry

Grade
6.6
Grade Unit
g/t
Intercept
17.8 m
From
169.7 m
To
187.5 m
Intercept Depth
142.9 m

Classification

Program
resource
Sample Type
drill
Group ID
iAU26-13:169.7-187.5
Mining Method
underground

Location

Easting
587415
Northing
4375965
CRS
NAD83 Zone 11N
EPSG
26911
Elevation
1759 m
Azimuth
353 °
Dip
-51 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS (MSA) of Elko, NV
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: This intercept shows good gold grade and width, contributing positively to the resource confidence in an underground mining context.

Positive factors

  • High-grade gold intercept for underground mining
  • Significant width
  • Infill drilling confirms continuity

Evidence · table

“6.6”

Context: 17.8

Tags used in scoring

QA/QC Disclosedpositive

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 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 "resource"

iAU26-13Archimedes Underground · goldGrade: 11Grade Unit: g/tIntercept: 26.1 mView all details
Link to this fact

Identity

Hole ID
iAU26-13
Project
Archimedes Underground
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
IAU

Geometry

Grade
11
Grade Unit
g/t
Intercept
26.1 m
From
197.5 m
To
223.6 m
Intercept Depth
142.9 m

Classification

Program
resource
Sample Type
drill
Group ID
iAU26-13:197.5-223.6
Mining Method
underground

Location

Easting
587415
Northing
4375965
CRS
NAD83 Zone 11N
EPSG
26911
Elevation
1759 m
Azimuth
353 °
Dip
-51 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS (MSA) of Elko, NV
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: This intercept shows strong high-grade gold over a very significant width, positively impacting the resource confidence.

Positive factors

  • Strong high-grade gold intercept for underground mining
  • Significant width
  • Infill drilling confirms continuity

Evidence · table

“11.0”

Context: 26.1

Tags used in scoring

QA/QC Disclosedpositive

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 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 "resource"

iAU26-14Archimedes Underground · goldGrade: 7Grade Unit: g/tIntercept: 2.4 mView all details
Link to this fact

Identity

Hole ID
iAU26-14
Project
Archimedes Underground
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
IAU

Geometry

Grade
7
Grade Unit
g/t
Intercept
2.4 m
From
127.7 m
To
130.1 m
Intercept Depth
127.7 m

Classification

Program
resource
Sample Type
drill
Group ID
iAU26-14:127.7-130.1
Mining Method
underground

Location

Easting
587415
Northing
4375965
CRS
NAD83 Zone 11N
EPSG
26911
Elevation
1759 m
Azimuth
349 °
Dip
-62 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS (MSA) of Elko, NV
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: This intercept shows good gold grade, contributing positively to the resource confidence in an underground mining context.

Positive factors

  • Good gold grade for underground mining
  • Infill drilling confirms continuity

Evidence · table

“7.0”

Context: 2.4

Tags used in scoring

QA/QC Disclosedpositive

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 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 "resource"

iAU26-15Archimedes Underground · goldGrade: 3Grade Unit: g/tIntercept: 8 mView all details
Link to this fact

Identity

Hole ID
iAU26-15
Project
Archimedes Underground
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
IAU

Geometry

Grade
3
Grade Unit
g/t
Intercept
8 m
From
110.4 m
To
118.4 m
Intercept Depth
110.4 m

Classification

Program
resource
Sample Type
drill
Group ID
iAU26-15:110.4-118.4
Mining Method
underground

Location

Easting
587415
Northing
4375965
CRS
NAD83 Zone 11N
EPSG
26911
Elevation
1759 m
Azimuth
344 °
Dip
-57 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS (MSA) of Elko, NV
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: This intercept shows a good gold grade over a good width, contributing positively to the resource confidence in an underground mining context.

Positive factors

  • Good gold grade for underground mining
  • Infill drilling confirms continuity

Evidence · table

“3.0”

Context: 8.0

Tags used in scoring

QA/QC Disclosedpositive

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 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 "resource"

iAU26-15Archimedes Underground · goldGrade: 11.1Grade Unit: g/tIntercept: 3.1 mView all details
Link to this fact

Identity

Hole ID
iAU26-15
Project
Archimedes Underground
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
IAU

Geometry

Grade
11.1
Grade Unit
g/t
Intercept
3.1 m
From
156.2 m
To
159.2 m
Intercept Depth
110.4 m

Classification

Program
resource
Sample Type
drill
Group ID
iAU26-15:156.2-159.2
Mining Method
underground

Location

Easting
587415
Northing
4375965
CRS
NAD83 Zone 11N
EPSG
26911
Elevation
1759 m
Azimuth
344 °
Dip
-57 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS (MSA) of Elko, NV
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: This intercept shows strong high-grade gold, positively impacting the resource confidence.

Positive factors

  • Strong high-grade gold intercept for underground mining
  • Infill drilling confirms continuity

Evidence · table

“11.1”

Context: 3.1

Tags used in scoring

QA/QC Disclosedpositive

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 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 "resource"

iAU26-15Archimedes Underground · goldGrade: 8Grade Unit: g/tIntercept: 22.4 mView all details
Link to this fact

Identity

Hole ID
iAU26-15
Project
Archimedes Underground
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
IAU

Geometry

Grade
8
Grade Unit
g/t
Intercept
22.4 m
From
171 m
To
193.4 m
Intercept Depth
110.4 m

Classification

Program
resource
Sample Type
drill
Group ID
iAU26-15:171-193.4
Mining Method
underground

Location

Easting
587415
Northing
4375965
CRS
NAD83 Zone 11N
EPSG
26911
Elevation
1759 m
Azimuth
344 °
Dip
-57 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS (MSA) of Elko, NV
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: This intercept shows strong high-grade gold over a very significant width, positively impacting the resource confidence.

Positive factors

  • Strong high-grade gold intercept for underground mining
  • Significant width
  • Infill drilling confirms continuity

Evidence · table

“8.0”

Context: 22.4

Tags used in scoring

QA/QC Disclosedpositive

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 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 "resource"

iAU26-16Archimedes Underground · goldGrade: 7.8Grade Unit: g/tIntercept: 5.2 mView all details
Link to this fact

Identity

Hole ID
iAU26-16
Project
Archimedes Underground
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
IAU

Geometry

Grade
7.8
Grade Unit
g/t
Intercept
5.2 m
From
151.7 m
To
156.9 m
Intercept Depth
151.7 m

Classification

Program
resource
Sample Type
drill
Group ID
iAU26-16:151.7-156.9
Mining Method
underground

Location

Easting
587415
Northing
4375965
CRS
NAD83 Zone 11N
EPSG
26911
Elevation
1759 m
Azimuth
338 °
Dip
-63 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS (MSA) of Elko, NV
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: This intercept shows good gold grade and width, contributing positively to the resource confidence in an underground mining context.

Positive factors

  • High-grade gold intercept for underground mining
  • Infill drilling confirms continuity

Evidence · table

“7.8”

Context: 5.2

Tags used in scoring

QA/QC Disclosedpositive

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 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 "resource"

iAU26-17Archimedes Underground · goldGrade: 5.4Grade Unit: g/tIntercept: 56.5 mView all details
Link to this fact

Identity

Hole ID
iAU26-17
Project
Archimedes Underground
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
IAU

Geometry

Grade
5.4
Grade Unit
g/t
Intercept
56.5 m
From
93.8 m
To
150.3 m
Intercept Depth
93.8 m

Classification

Program
resource
Sample Type
drill
Group ID
iAU26-17:93.8-150.3
Mining Method
underground

Location

Easting
587415
Northing
4375965
CRS
NAD83 Zone 11N
EPSG
26911
Elevation
1759 m
Azimuth
333 °
Dip
-56 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS (MSA) of Elko, NV
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: This intercept shows strong gold grade over an exceptional width, positively impacting the resource confidence.

Positive factors

  • Strong high-grade gold intercept for underground mining
  • Exceptional width
  • Infill drilling confirms continuity

Evidence · table

“5.4”

Context: 56.5

Tags used in scoring

QA/QC Disclosedpositive

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 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 "resource"

iAU26-17Archimedes Underground · goldGrade: 15Grade Unit: g/tIntercept: 8.8 mView all details
Link to this fact

Identity

Hole ID
iAU26-17
Project
Archimedes Underground
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
IAU

Geometry

Grade
15
Grade Unit
g/t
Intercept
8.8 m
From
154.8 m
To
163.6 m
Intercept Depth
93.8 m

Classification

Program
resource
Sample Type
drill
Group ID
iAU26-17:154.8-163.6
Mining Method
underground

Location

Easting
587415
Northing
4375965
CRS
NAD83 Zone 11N
EPSG
26911
Elevation
1759 m
Azimuth
333 °
Dip
-56 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS (MSA) of Elko, NV
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: This intercept is bonanza grade over a good width, strongly positive for the project's economics and resource confidence.

Positive factors

  • Exceptional high-grade gold intercept for underground mining
  • Infill drilling confirms continuity

Evidence · table

“15.0”

Context: 8.8

Tags used in scoring

QA/QC Disclosedpositive

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 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 "resource"

iAU26-17Archimedes Underground · goldGrade: 3.2Grade Unit: g/tIntercept: 30.8 mView all details
Link to this fact

Identity

Hole ID
iAU26-17
Project
Archimedes Underground
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
IAU

Geometry

Grade
3.2
Grade Unit
g/t
Intercept
30.8 m
From
163.6 m
To
194.5 m
Intercept Depth
93.8 m

Classification

Program
resource
Sample Type
drill
Group ID
iAU26-17:163.6-194.5
Mining Method
underground

Location

Easting
587415
Northing
4375965
CRS
NAD83 Zone 11N
EPSG
26911
Elevation
1759 m
Azimuth
333 °
Dip
-56 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS (MSA) of Elko, NV
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: This intercept shows a good gold grade over a very significant width, contributing to the overall resource.

Positive factors

  • Significant width
  • Infill drilling confirms continuity

Evidence · table

“3.2”

Context: 30.8

Tags used in scoring

QA/QC Disclosedpositive

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 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 "resource"

iAU26-18Archimedes Underground · goldGrade: 6.9Grade Unit: g/tIntercept: 7.7 mView all details
Link to this fact

Identity

Hole ID
iAU26-18
Project
Archimedes Underground
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
IAU

Geometry

Grade
6.9
Grade Unit
g/t
Intercept
7.7 m
From
144.5 m
To
152.2 m
Intercept Depth
144.5 m

Classification

Program
resource
Sample Type
drill
Group ID
iAU26-18:144.5-152.2
Mining Method
underground

Location

Easting
587415
Northing
4375965
CRS
NAD83 Zone 11N
EPSG
26911
Elevation
1759 m
Azimuth
327 °
Dip
-66 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS (MSA) of Elko, NV
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: This intercept shows good gold grade and width, contributing positively to the resource confidence in an underground mining context.

Positive factors

  • High-grade gold intercept for underground mining
  • Infill drilling confirms continuity

Evidence · table

“6.9”

Context: 7.7

Tags used in scoring

QA/QC Disclosedpositive

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 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 "resource"

iAU26-19Archimedes Underground · goldGrade: 7.9Grade Unit: g/tIntercept: 3.5 mView all details
Link to this fact

Identity

Hole ID
iAU26-19
Project
Archimedes Underground
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
IAU

Geometry

Grade
7.9
Grade Unit
g/t
Intercept
3.5 m
From
136.2 m
To
139.8 m
Intercept Depth
136.2 m

Classification

Program
resource
Sample Type
drill
Group ID
iAU26-19:136.2-139.8
Mining Method
underground

Location

Easting
587415
Northing
4375965
CRS
NAD83 Zone 11N
EPSG
26911
Elevation
1759 m
Azimuth
320 °
Dip
-54 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS (MSA) of Elko, NV
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: This intercept shows good gold grade and width, contributing positively to the resource confidence in an underground mining context.

Positive factors

  • High-grade gold intercept for underground mining
  • Infill drilling confirms continuity

Evidence · table

“7.9”

Context: 3.5

Tags used in scoring

QA/QC Disclosedpositive

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 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 "resource"

iAU26-19Archimedes Underground · goldGrade: 4.5Grade Unit: g/tIntercept: 23.7 mView all details
Link to this fact

Identity

Hole ID
iAU26-19
Project
Archimedes Underground
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
IAU

Geometry

Grade
4.5
Grade Unit
g/t
Intercept
23.7 m
From
160.8 m
To
184.5 m
Intercept Depth
136.2 m

Classification

Program
resource
Sample Type
drill
Group ID
iAU26-19:160.8-184.5
Mining Method
underground

Location

Easting
587415
Northing
4375965
CRS
NAD83 Zone 11N
EPSG
26911
Elevation
1759 m
Azimuth
320 °
Dip
-54 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS (MSA) of Elko, NV
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: This intercept shows good gold grade over a significant width, contributing positively to the resource confidence in an underground mining context.

Positive factors

  • Good gold grade for underground mining
  • Significant width
  • Infill drilling confirms continuity

Evidence · table

“4.5”

Context: 23.7

Tags used in scoring

QA/QC Disclosedpositive

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 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 "resource"

iAU26-22Archimedes Underground · goldGrade: 8.1Grade Unit: g/tIntercept: 21.6 mView all details
Link to this fact

Identity

Hole ID
iAU26-22
Project
Archimedes Underground
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
IAU

Geometry

Grade
8.1
Grade Unit
g/t
Intercept
21.6 m
From
119.9 m
To
141.5 m
Intercept Depth
119.9 m

Classification

Program
resource
Sample Type
drill
Group ID
iAU26-22:119.9-141.5
Mining Method
underground

Location

Easting
587354
Northing
4375817
CRS
NAD83 Zone 11N
EPSG
26911
Elevation
1779 m
Azimuth
311 °
Dip
-42 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS (MSA) of Elko, NV
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: This intercept shows strong high-grade gold over a significant width, positively impacting the resource confidence.

Positive factors

  • Strong high-grade gold intercept for underground mining
  • Significant width
  • Infill drilling confirms continuity

Evidence · table

“8.1”

Context: 21.6

Tags used in scoring

QA/QC Disclosedpositive

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 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 "resource"

iAU26-22Archimedes Underground · goldGrade: 2.2Grade Unit: g/tIntercept: 14.7 mView all details
Link to this fact

Identity

Hole ID
iAU26-22
Project
Archimedes Underground
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
IAU

Geometry

Grade
2.2
Grade Unit
g/t
Intercept
14.7 m
From
141.5 m
To
156.2 m
Intercept Depth
119.9 m

Classification

Program
resource
Sample Type
drill
Group ID
iAU26-22:141.5-156.2
Mining Method
underground

Location

Easting
587354
Northing
4375817
CRS
NAD83 Zone 11N
EPSG
26911
Elevation
1779 m
Azimuth
311 °
Dip
-42 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS (MSA) of Elko, NV
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a significant width, contributing to the overall resource.

Positive factors

  • Significant width
  • Infill drilling confirms continuity

Evidence · table

“2.2”

Context: 14.7

Tags used in scoring

QA/QC Disclosedpositive

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 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 "resource"

iAU26-22Archimedes Underground · goldGrade: 10.4Grade Unit: g/tIntercept: 4.8 mView all details
Link to this fact

Identity

Hole ID
iAU26-22
Project
Archimedes Underground
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
IAU

Geometry

Grade
10.4
Grade Unit
g/t
Intercept
4.8 m
From
171.2 m
To
175.9 m
Intercept Depth
119.9 m

Classification

Program
resource
Sample Type
drill
Group ID
iAU26-22:171.2-175.9
Mining Method
underground

Location

Easting
587354
Northing
4375817
CRS
NAD83 Zone 11N
EPSG
26911
Elevation
1779 m
Azimuth
311 °
Dip
-42 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS (MSA) of Elko, NV
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: This intercept shows strong high-grade gold, positively impacting the resource confidence.

Positive factors

  • Strong high-grade gold intercept for underground mining
  • Infill drilling confirms continuity

Evidence · table

“10.4”

Context: 4.8

Tags used in scoring

QA/QC Disclosedpositive

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 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 "resource"

iAU26-23Archimedes Underground · goldGrade: 15.8Grade Unit: g/tIntercept: 6.7 mView all details
Link to this fact

Identity

Hole ID
iAU26-23
Project
Archimedes Underground
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
IAU

Geometry

Grade
15.8
Grade Unit
g/t
Intercept
6.7 m
From
123 m
To
129.8 m
Intercept Depth
123 m

Classification

Program
resource
Sample Type
drill
Group ID
iAU26-23:123-129.8
Mining Method
underground

Location

Easting
587354
Northing
4375817
CRS
NAD83 Zone 11N
EPSG
26911
Elevation
1779 m
Azimuth
322 °
Dip
-43 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS (MSA) of Elko, NV
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: This intercept is bonanza grade over a good width, strongly positive for the project's economics and resource confidence.

Positive factors

  • Exceptional high-grade gold intercept for underground mining
  • Infill drilling confirms continuity

Evidence · table

“15.8”

Context: 6.7

Tags used in scoring

QA/QC Disclosedpositive

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 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 "resource"

iAU26-23Archimedes Underground · goldGrade: 2.8Grade Unit: g/tIntercept: 15.5 mView all details
Link to this fact

Identity

Hole ID
iAU26-23
Project
Archimedes Underground
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
IAU

Geometry

Grade
2.8
Grade Unit
g/t
Intercept
15.5 m
From
153.3 m
To
168.7 m
Intercept Depth
123 m

Classification

Program
resource
Sample Type
drill
Group ID
iAU26-23:153.3-168.7
Mining Method
underground

Location

Easting
587354
Northing
4375817
CRS
NAD83 Zone 11N
EPSG
26911
Elevation
1779 m
Azimuth
322 °
Dip
-43 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS (MSA) of Elko, NV
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: This intercept shows a good gold grade over a significant width, contributing to the overall resource.

Positive factors

  • Significant width
  • Infill drilling confirms continuity

Evidence · table

“2.8”

Context: 15.5

Tags used in scoring

QA/QC Disclosedpositive

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 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 "resource"

iAU26-25Archimedes Underground · goldGrade: 11.9Grade Unit: g/tIntercept: 1.8 mView all details
Link to this fact

Identity

Hole ID
iAU26-25
Project
Archimedes Underground
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
IAU

Geometry

Grade
11.9
Grade Unit
g/t
Intercept
1.8 m
From
187.5 m
To
189.3 m
Intercept Depth
187.5 m

Classification

Program
resource
Sample Type
drill
Group ID
iAU26-25:187.5-189.3
Mining Method
underground

Location

Easting
587354
Northing
4375817
CRS
NAD83 Zone 11N
EPSG
26911
Elevation
1779 m
Azimuth
270 °
Dip
-36 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS (MSA) of Elko, NV
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: This intercept shows strong high-grade gold, positively impacting the resource confidence.

Positive factors

  • Strong high-grade gold intercept for underground mining
  • Infill drilling confirms continuity

Evidence · table

“11.9”

Context: 1.8

Tags used in scoring

QA/QC Disclosedpositive

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 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 "resource"

Resource Estimates (8)

indicatedArchimedes Underground Project · goldTonnes: 899000Grade: 6.9Grade Unit: g/tContained Metal: 199Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Archimedes Underground Project
Commodity
gold
Region
usa_nv
Reported Region
northeastern Nevada, USA
Ticker
IAU

Resource scope

Estimate type
resource
Reporting standards
ni_43_101, sec_sk1300
QP Signed
Yes
Qualified person names
Paul Chawrun P.Eng., Tyler Hill CPG., Practical Mining LLC employee
Resource group id
resource:3c7604b0b97b07e00cd9
Deposit or zone
426

Resource Data

Category
indicated
Tonnes
899000
Grade
6.9
Grade Unit
g/t
Contained Metal
199
Contained Unit
koz
Cutoff Grade
5.06
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-12-31T00:00:00.000Z

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: This is a restated indicated resource for the 426 zone, showing good gold grade and contributing to the overall project confidence, though not new information.

Positive factors

  • Indicated resource category provides good confidence
  • Good gold grade for underground mining
  • Compliant with NI 43-101 and S-K 1300

Negative factors

  • This is a restatement of a prior estimate, not new information

Evidence · table

“6.9”

Context: 899

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedArchimedes Underground Project · silverTonnes: 899000Grade: 0.8Grade Unit: g/tContained Metal: 22Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Archimedes Underground Project
Commodity
silver
Region
usa_nv
Reported Region
northeastern Nevada, USA
Ticker
IAU

Resource scope

Estimate type
resource
Reporting standards
ni_43_101, sec_sk1300
QP Signed
Yes
Qualified person names
Paul Chawrun P.Eng., Tyler Hill CPG., Practical Mining LLC employee
Resource group id
resource:3c7604b0b97b07e00cd9
Deposit or zone
426

Resource Data

Category
indicated
Tonnes
899000
Grade
0.8
Grade Unit
g/t
Contained Metal
22
Contained Unit
koz
Cutoff Grade
5.06
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-12-31T00:00:00.000Z

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: This is a restated indicated resource for the 426 zone, showing a low silver grade, likely a byproduct, and not new information.

Positive factors

  • Indicated resource category provides good confidence
  • Compliant with NI 43-101 and S-K 1300

Negative factors

  • Low silver grade
  • This is a restatement of a prior estimate, not new information

Evidence · table

“0.8”

Context: 899

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedArchimedes Underground Project · goldTonnes: 892000Grade: 8.3Grade Unit: g/tContained Metal: 237Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Archimedes Underground Project
Commodity
gold
Region
usa_nv
Reported Region
northeastern Nevada, USA
Ticker
IAU

Resource scope

Estimate type
resource
Reporting standards
ni_43_101, sec_sk1300
QP Signed
Yes
Qualified person names
Paul Chawrun P.Eng., Tyler Hill CPG., Practical Mining LLC employee
Resource group id
resource:8fb00a9b5697d905b41f
Deposit or zone
Ruby Deeps

Resource Data

Category
indicated
Tonnes
892000
Grade
8.3
Grade Unit
g/t
Contained Metal
237
Contained Unit
koz
Cutoff Grade
5.48
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-12-31T00:00:00.000Z

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: This is a restated indicated resource for the Ruby Deeps zone, showing good gold grade and contributing to the overall project confidence, though not new information.

Positive factors

  • Indicated resource category provides good confidence
  • Good gold grade for underground mining
  • Compliant with NI 43-101 and S-K 1300

Negative factors

  • This is a restatement of a prior estimate, not new information

Evidence · table

“8.3”

Context: 892

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedArchimedes Underground Project · silverTonnes: 892000Grade: 2.4Grade Unit: g/tContained Metal: 69Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Archimedes Underground Project
Commodity
silver
Region
usa_nv
Reported Region
northeastern Nevada, USA
Ticker
IAU

Resource scope

Estimate type
resource
Reporting standards
ni_43_101, sec_sk1300
QP Signed
Yes
Qualified person names
Paul Chawrun P.Eng., Tyler Hill CPG., Practical Mining LLC employee
Resource group id
resource:8fb00a9b5697d905b41f
Deposit or zone
Ruby Deeps

Resource Data

Category
indicated
Tonnes
892000
Grade
2.4
Grade Unit
g/t
Contained Metal
69
Contained Unit
koz
Cutoff Grade
5.48
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-12-31T00:00:00.000Z

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: This is a restated indicated resource for the Ruby Deeps zone, showing a low silver grade, likely a byproduct, and not new information.

Positive factors

  • Indicated resource category provides good confidence
  • Compliant with NI 43-101 and S-K 1300

Negative factors

  • Low silver grade
  • This is a restatement of a prior estimate, not new information

Evidence · table

“2.4”

Context: 892

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredArchimedes Underground Project · goldTonnes: 1038000Grade: 6.6Grade Unit: g/tContained Metal: 219Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Archimedes Underground Project
Commodity
gold
Region
usa_nv
Reported Region
northeastern Nevada, USA
Ticker
IAU

Resource scope

Estimate type
resource
Reporting standards
ni_43_101, sec_sk1300
QP Signed
Yes
Qualified person names
Paul Chawrun P.Eng., Tyler Hill CPG., Practical Mining LLC employee
Resource group id
resource:a6c8c8ed43400912c6ff
Deposit or zone
426

Resource Data

Category
inferred
Tonnes
1038000
Grade
6.6
Grade Unit
g/t
Contained Metal
219
Contained Unit
koz
Cutoff Grade
5.06
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-12-31T00:00:00.000Z

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: This is a restated inferred resource for the 426 zone, showing good gold grade but with lower confidence due to its category and being historical information.

Positive factors

  • Good gold grade for underground mining
  • Compliant with NI 43-101 and S-K 1300

Negative factors

  • Inferred resource category has lower confidence
  • This is a restatement of a prior estimate, not new information

Evidence · table

“6.6”

Context: 1,038

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredArchimedes Underground Project · silverTonnes: 1038000Grade: 1.2Grade Unit: g/tContained Metal: 40Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Archimedes Underground Project
Commodity
silver
Region
usa_nv
Reported Region
northeastern Nevada, USA
Ticker
IAU

Resource scope

Estimate type
resource
Reporting standards
ni_43_101, sec_sk1300
QP Signed
Yes
Qualified person names
Paul Chawrun P.Eng., Tyler Hill CPG., Practical Mining LLC employee
Resource group id
resource:a6c8c8ed43400912c6ff
Deposit or zone
426

Resource Data

Category
inferred
Tonnes
1038000
Grade
1.2
Grade Unit
g/t
Contained Metal
40
Contained Unit
koz
Cutoff Grade
5.06
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-12-31T00:00:00.000Z

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: This is a restated inferred resource for the 426 zone, showing a low silver grade, likely a byproduct, and not new information.

Positive factors

  • Compliant with NI 43-101 and S-K 1300

Negative factors

  • Low silver grade
  • Inferred resource category has lower confidence
  • This is a restatement of a prior estimate, not new information

Evidence · table

“1.2”

Context: 1,038

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredArchimedes Underground Project · goldTonnes: 3150000Grade: 7.6Grade Unit: g/tContained Metal: 769Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Archimedes Underground Project
Commodity
gold
Region
usa_nv
Reported Region
northeastern Nevada, USA
Ticker
IAU

Resource scope

Estimate type
resource
Reporting standards
ni_43_101, sec_sk1300
QP Signed
Yes
Qualified person names
Paul Chawrun P.Eng., Tyler Hill CPG., Practical Mining LLC employee
Resource group id
resource:ff71539958ca239d8ce1
Deposit or zone
Ruby Deeps

Resource Data

Category
inferred
Tonnes
3150000
Grade
7.6
Grade Unit
g/t
Contained Metal
769
Contained Unit
koz
Cutoff Grade
5.48
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-12-31T00:00:00.000Z

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: This is a restated inferred resource for the Ruby Deeps zone, showing good gold grade but with lower confidence due to its category and being historical information.

Positive factors

  • Good gold grade for underground mining
  • Compliant with NI 43-101 and S-K 1300

Negative factors

  • Inferred resource category has lower confidence
  • This is a restatement of a prior estimate, not new information

Evidence · table

“7.6”

Context: 3,150

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredArchimedes Underground Project · silverTonnes: 3150000Grade: 2.4Grade Unit: g/tContained Metal: 246Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Archimedes Underground Project
Commodity
silver
Region
usa_nv
Reported Region
northeastern Nevada, USA
Ticker
IAU

Resource scope

Estimate type
resource
Reporting standards
ni_43_101, sec_sk1300
QP Signed
Yes
Qualified person names
Paul Chawrun P.Eng., Tyler Hill CPG., Practical Mining LLC employee
Resource group id
resource:ff71539958ca239d8ce1
Deposit or zone
Ruby Deeps

Resource Data

Category
inferred
Tonnes
3150000
Grade
2.4
Grade Unit
g/t
Contained Metal
246
Contained Unit
koz
Cutoff Grade
5.48
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-12-31T00:00:00.000Z

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: This is a restated inferred resource for the Ruby Deeps zone, showing a low silver grade, likely a byproduct, and not new information.

Positive factors

  • Compliant with NI 43-101 and S-K 1300

Negative factors

  • Low silver grade
  • Inferred resource category has lower confidence
  • This is a restatement of a prior estimate, not new information

Evidence · table

“2.4”

Context: 3,150

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

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.