Iconic Minerals Reports Further Positive Near Surface Gold and Silver Results in Second Batch of Assays from 2026 Drilling Program at New Pass Gold Property, Nevada

Original announcement by newsfile on

Company
Iconic Minerals Ltd.
Ticker
ICM
Exchange
Unavailable
Region
Nevada
Primary commodity
Gold
Secondary commodities
Silver, Antimony
Document categories
Drill results, Resource update
Extracted
2026-09-19 00:50:41 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Iconic Minerals has released the second batch of 2026 assay results from its New Pass Gold Property in Nevada, confirming near-surface gold and silver mineralization. The results include several significant intercepts and high silver grades, aimed at testing up-dip extensions of the known deposit.

Reasoning: The second batch of 2026 assays confirms near-surface mineralization at the New Pass property, providing continuity and extension of the known gold-silver system.

Positive factors

  • Near-surface gold and silver mineralization confirmed
  • Results extend beyond historic resource limits
  • High silver grades encountered (up to 42.7 g/t)
  • QA/QC protocols mentioned (standards, blanks, repeats)

Negative factors

  • True widths not yet determined
  • One hole failed to reach target rock unit

Facts used in scoring: 20

Classification and evidence

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: Program designed to test up-dip extensions of known mineralization.

Evidence · text

“The program was designed to test the up-dip extensions of known mineralization”

QA/QC Disclosedpositive

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

Why it applies: Release mentions submission of standards, blanks, and repeat samples to ALS Reno.

Evidence · text

“The 10 foot (3 meter) sample intervals were submitted to ALS Reno with standards, blanks, and repeat samples.”

Apparent Width Onlynegative

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

Why it applies: Reported intervals represent downhole lengths and true widths have not been determined.

Evidence · text

“Reported intervals represent downhole lengths. True widths have not yet been determined”

Inferred Resourcenegative

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

Why it applies: The document discusses a historical inferred resource from 2010.

Evidence · text

“Historic Inferred Resource Summary (Paul D. Noland, CPG, September 3, 2010)”

Extracted facts

Stored fact records: 20. Some facts used in scoring do not have a stored record.

Drill Results (18)

NP2605New Pass · goldGrade: 0.33Grade Unit: g/tIntercept: 9 mView all details
Link to this fact

Identity

Hole ID
NP2605
Project
New Pass
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
ICM

Geometry

Grade
0.33
Grade Unit
g/t
Intercept
9 m
From
98 m
To
107 m
Intercept Depth
98 m

Classification

Sample Type
drill
Group ID
NP2605:98-107

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Standard near-surface intercept.

Evidence · table

“0.33”

Context: 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

NP2605New Pass · silverGrade: 4.83Grade Unit: g/tIntercept: 9 mView all details
Link to this fact

Identity

Hole ID
NP2605
Project
New Pass
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
ICM

Geometry

Grade
4.83
Grade Unit
g/t
Intercept
9 m
From
98 m
To
107 m
Intercept Depth
98 m

Classification

Sample Type
drill
Group ID
NP2605:98-107

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Standard silver grade.

Evidence · table

“4.83”

Context: 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

NP2612New Pass · goldGrade: 0.4Grade Unit: g/tIntercept: 30 mView all details
Link to this fact

Identity

Hole ID
NP2612
Project
New Pass
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
ICM

Geometry

Grade
0.4
Grade Unit
g/t
Intercept
30 m
From
0 m
To
30 m
Intercept Depth
0 m

Classification

Sample Type
drill
Group ID
NP2612:0-30

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Continuous 30m intercept.

Evidence · table

“0.40”

Context: 30

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

NP2612New Pass · silverGrade: 4.89Grade Unit: g/tIntercept: 30 mView all details
Link to this fact

Identity

Hole ID
NP2612
Project
New Pass
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
ICM

Geometry

Grade
4.89
Grade Unit
g/t
Intercept
30 m
From
0 m
To
30 m
Intercept Depth
0 m

Classification

Sample Type
drill
Group ID
NP2612:0-30

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Standard silver grade.

Evidence · table

“4.89”

Context: 30

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

NP2613New Pass · goldGrade: 0.44Grade Unit: g/tIntercept: 55 mView all details
Link to this fact

Identity

Hole ID
NP2613
Project
New Pass
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
ICM

Geometry

Grade
0.44
Grade Unit
g/t
Intercept
55 m
From
0 m
To
55 m
Intercept Depth
0 m

Classification

Sample Type
drill
Group ID
NP2613:0-55

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Wide 55m intercept.

Evidence · table

“0.44”

Context: 55

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

NP2613New Pass · silverGrade: 3.21Grade Unit: g/tIntercept: 55 mView all details
Link to this fact

Identity

Hole ID
NP2613
Project
New Pass
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
ICM

Geometry

Grade
3.21
Grade Unit
g/t
Intercept
55 m
From
0 m
To
55 m
Intercept Depth
0 m

Classification

Sample Type
drill
Group ID
NP2613:0-55

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Standard silver grade.

Evidence · table

“3.21”

Context: 55

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

NP2613New Pass · goldGrade: 0.95Grade Unit: g/tIntercept: 15 mView all details
Link to this fact

Identity

Hole ID
NP2613
Project
New Pass
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
ICM

Geometry

Grade
0.95
Grade Unit
g/t
Intercept
15 m
From
34 m
To
49 m
Intercept Depth
34 m

Classification

Sample Type
drill
Group ID
NP2613:34-49

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: High-grade sub-interval.

Evidence · table

“0.95”

Context: 15

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

NP2613New Pass · silverGrade: 3.32Grade Unit: g/tIntercept: 15 mView all details
Link to this fact

Identity

Hole ID
NP2613
Project
New Pass
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
ICM

Geometry

Grade
3.32
Grade Unit
g/t
Intercept
15 m
From
34 m
To
49 m
Intercept Depth
34 m

Classification

Sample Type
drill
Group ID
NP2613:34-49

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: High-grade sub-interval.

Evidence · table

“3.32”

Context: 15

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

NP2614New Pass · goldGrade: 0.37Grade Unit: g/tIntercept: 49 mView all details
Link to this fact

Identity

Hole ID
NP2614
Project
New Pass
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
ICM

Geometry

Grade
0.37
Grade Unit
g/t
Intercept
49 m
From
0 m
To
49 m
Intercept Depth
0 m

Classification

Sample Type
drill
Group ID
NP2614:0-49

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Wide 49m intercept.

Evidence · table

“0.37”

Context: 49

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

NP2614New Pass · silverGrade: 5.49Grade Unit: g/tIntercept: 49 mView all details
Link to this fact

Identity

Hole ID
NP2614
Project
New Pass
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
ICM

Geometry

Grade
5.49
Grade Unit
g/t
Intercept
49 m
From
0 m
To
49 m
Intercept Depth
0 m

Classification

Sample Type
drill
Group ID
NP2614:0-49

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Standard silver grade.

Evidence · table

“5.49”

Context: 49

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

NP2614New Pass · silverGrade: 20.4Grade Unit: g/tIntercept: 3 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
NP2614
Project
New Pass
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
ICM

Geometry

Grade
20.4
Grade Unit
g/t
Intercept
3 m
From
18 m
To
21 m
Intercept Depth
18 m

Classification

Sample Type
drill
Group ID
NP2614:18-21

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: High silver grade interval.

Evidence · table

“20.40”

Context: 21

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

NP2614New Pass · silverGrade: 30.3Grade Unit: g/tIntercept: 4 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
NP2614
Project
New Pass
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
ICM

Geometry

Grade
30.3
Grade Unit
g/t
Intercept
4 m
From
58 m
To
62 m
Intercept Depth
58 m

Classification

Sample Type
drill
Group ID
NP2614:58-62

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: High silver grade interval.

Evidence · table

“30.30”

Context: 62

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

NP2615New Pass · goldGrade: 0.38Grade Unit: g/tIntercept: 9 mView all details
Link to this fact

Identity

Hole ID
NP2615
Project
New Pass
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
ICM

Geometry

Grade
0.38
Grade Unit
g/t
Intercept
9 m
From
0 m
To
9 m
Intercept Depth
0 m

Classification

Sample Type
drill
Group ID
NP2615:0-9

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Short intercept.

Evidence · table

“0.38”

Context: 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

NP2615New Pass · silverGrade: 4.03Grade Unit: g/tIntercept: 9 mView all details
Link to this fact

Identity

Hole ID
NP2615
Project
New Pass
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
ICM

Geometry

Grade
4.03
Grade Unit
g/t
Intercept
9 m
From
0 m
To
9 m
Intercept Depth
0 m

Classification

Sample Type
drill
Group ID
NP2615:0-9

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Standard silver grade.

Evidence · table

“4.03”

Context: 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

NP2618New Pass · goldGrade: 0.3Grade Unit: g/tIntercept: 43 mView all details
Link to this fact

Identity

Hole ID
NP2618
Project
New Pass
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
ICM

Geometry

Grade
0.3
Grade Unit
g/t
Intercept
43 m
From
0 m
To
43 m
Intercept Depth
0 m

Classification

Sample Type
drill
Group ID
NP2618:0-43

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Wide 43m intercept.

Evidence · table

“0.30”

Context: 43

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

NP2618New Pass · silverGrade: 6.49Grade Unit: g/tIntercept: 43 mView all details
Link to this fact

Identity

Hole ID
NP2618
Project
New Pass
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
ICM

Geometry

Grade
6.49
Grade Unit
g/t
Intercept
43 m
From
0 m
To
43 m
Intercept Depth
0 m

Classification

Sample Type
drill
Group ID
NP2618:0-43

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Standard silver grade.

Evidence · table

“6.49”

Context: 43

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

NP2618New Pass · silverGrade: 42.7Grade Unit: g/tIntercept: 3 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
NP2618
Project
New Pass
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
ICM

Geometry

Grade
42.7
Grade Unit
g/t
Intercept
3 m
From
40 m
To
43 m
Intercept Depth
40 m

Classification

Sample Type
drill
Group ID
NP2618:40-43

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Bonanza silver intercept.

Evidence · table

“42.70”

Context: 43

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

NP2618New Pass · silverGrade: 20Grade Unit: g/tIntercept: 3 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
NP2618
Project
New Pass
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
ICM

Geometry

Grade
20
Grade Unit
g/t
Intercept
3 m
From
46 m
To
49 m
Intercept Depth
46 m

Classification

Sample Type
drill
Group ID
NP2618:46-49

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: High silver grade interval.

Evidence · table

“20.00”

Context: 49

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

Resource Estimates (2)

inferredNew Pass Gold Property · goldTonnes: 14075414Grade: 0.62Grade Unit: g/tContained Metal: 282986Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
New Pass Gold Property
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
ICM

Resource scope

Estimate type
resource
Resource group id
resource:8a000fcfa0a1c7b9034d

Resource Data

Category
inferred
Tonnes
14075414
Grade
0.62
Grade Unit
g/t
Contained Metal
282986
Contained Unit
oz

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2010-09-03T00:00:00.000Z

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Historical inferred resource from 2010.

Evidence · text

“Historic Inferred Resource Summary (Paul D. Noland, CPG, September 3, 2010) Total Short Tons: 15,515,488 Average Grade AuEq: 0.022 oz/ton (0.75 g/t) Contained AuEq Ounces: 341,750 Average Silver Grade: 0.202 oz/ton (6.93 g/t) Contained Silver Ounces: 3,139,054 Average Gold Grade: 0.018 oz/ton (0.62 g/t) Contained Gold Ounces: 282,986”

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 16.0 years before this release

inferredNew Pass Gold Property · silverTonnes: 14075414Grade: 6.93Grade Unit: g/tContained Metal: 3139054Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
New Pass Gold Property
Commodity
silver
Region
usa_nv
Reported Region
Nevada
Ticker
ICM

Resource scope

Estimate type
resource
Resource group id
resource:8a000fcfa0a1c7b9034d

Resource Data

Category
inferred
Tonnes
14075414
Grade
6.93
Grade Unit
g/t
Contained Metal
3139054
Contained Unit
oz

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2010-09-03T00:00:00.000Z

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Historical inferred silver resource from 2010.

Evidence · text

“Historic Inferred Resource Summary (Paul D. Noland, CPG, September 3, 2010) Total Short Tons: 15,515,488 Average Grade AuEq: 0.022 oz/ton (0.75 g/t) Contained AuEq Ounces: 341,750 Average Silver Grade: 0.202 oz/ton (6.93 g/t) Contained Silver Ounces: 3,139,054 Average Gold Grade: 0.018 oz/ton (0.62 g/t) Contained Gold Ounces: 282,986”

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 16.0 years before this release

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.