# Iconic Minerals Submits First Core Samples for Analysis from 2026 Program at New Pass Gold Property, Nevada Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/iconic-minerals-submits-first-core-samples-for-analysis-from-2026-program-at-new--d945c305-d360-465d-bcfc-3714a1c27d6e Original source: https://money.tmx.com/en/quote/ICM/news/5501843452273736/iconic-minerals-submits-first-core-samples-for-analysis-from-2026-program-at-new Publisher: tmx Original announcement: 2026-06-19T12:30:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Iconic Minerals Ltd. - Ticker: ICM - Exchange: TSX - Region: Nevada - Primary commodity: Gold - Secondary commodities: Silver - Document categories: Resource update, Other - Extracted: 2026-09-12 06:42:59 UTC Narrative sentiment: 0.20 · Bullish ## Minestarters Atlas summary Iconic Minerals has submitted core samples from the first six drill holes of its 2026 exploration program at the New Pass gold property in Nevada for gold and silver analysis. The company reports that drilling is progressing as planned and the core correlates well with historical data. Reasoning: The announcement is a procedural update stating that core samples from the first six holes of a new program have been submitted for assay; no new grades or resource changes are reported. - Positive factor: drilling program is advancing as planned - Positive factor: core correlates well with historical logs - Positive factor: samples submitted for analysis - Negative factor: no assay results reported yet Facts used in scoring: 3 ## Classification and evidence **Inferred Resource** Polarity: negative Story-specific tag Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: The resource summary explicitly states the resource is an inferred mineral resource. Evidence · text > The New Pass deposit hosts an inferred mineral resource **Historical Estimate Only** Polarity: negative Story-specific tag Definition: Estimate pre-dates or does not comply with current JORC/NI 43-101 standards — requires verification drilling. Why it applies: The resource figures provided are from a 2010 report by Paul D. Noland. Evidence · text > Inferred Resource Summary \(Paul D. Noland, CPG, September 3, 2010\) ## Extracted facts Stored fact records: 3. Some facts used in scoring do not have a stored record. ## Resource Estimates (3) ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/iconic-minerals-submits-first-core-samples-for-analysis-from-2026-program-at-new--d945c305-d360-465d-bcfc-3714a1c27d6e#fact-resource-facts-0) New Pass Gold Property · gold Historical result Needs review: historical\_restatement #### 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:79ca8f11d4a56af74a1b - Deposit or zone: New Pass #### Resource Data - Category: inferred - Tonnes: 15515488 - Grade: 0.018 - Grade Unit: oz/ton - 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: 2026-06-19T00:00:00.000Z Reasoning: Historical inferred resource reported from 2010. Evidence · text > Average Gold Grade: 0.018 oz/ton Contained Gold Ounces: 282,986 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 15.8 years before this release ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/iconic-minerals-submits-first-core-samples-for-analysis-from-2026-program-at-new--d945c305-d360-465d-bcfc-3714a1c27d6e#fact-resource-facts-1) New Pass Gold Property · silver Historical result Needs review: historical\_restatement #### 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:79ca8f11d4a56af74a1b - Deposit or zone: New Pass #### Resource Data - Category: inferred - Tonnes: 15515488 - Grade: 0.202 - Grade Unit: oz/ton - 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: 2026-06-19T00:00:00.000Z Reasoning: Historical inferred resource reported from 2010. Evidence · text > Average Silver Grade: 0.202 oz/ton Contained Silver Ounces: 3,139,054 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 15.8 years before this release ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/iconic-minerals-submits-first-core-samples-for-analysis-from-2026-program-at-new--d945c305-d360-465d-bcfc-3714a1c27d6e#fact-resource-facts-2) New Pass Gold Property · gold Historical result Needs review: historical\_restatement #### 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:79ca8f11d4a56af74a1b - Deposit or zone: New Pass #### Resource Data - Category: inferred - Tonnes: 15515488 - Grade: 0.022 - Grade Unit: oz/ton #### Metal Equivalent - Metal Eq. Grade: 0.022 - Metal Eq. Unit: oz/ton AuEq #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2010-09-03T00:00:00.000Z #### Dates - Event date: 2026-06-19T00:00:00.000Z Reasoning: Historical inferred resource reported from 2010. Evidence · text > Average Grade AuEq: 0.022 oz/ton #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 15.8 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.