# Iconic Provides Corporate Update on New Pass Gold Property and Engagement of Investor Relations Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/iconic-provides-corporate-update-on-new-pass-gold-property-and-engagement-of-inv--08f822b0-d72a-4c2d-87b8-00415b9392db Original source: https://money.tmx.com/en/quote/ICM/news/8990742601624943/iconic-provides-corporate-update-on-new-pass-gold-property-and-engagement-of-inv Publisher: tmx Original announcement: 2025-05-20T17:03:00.000Z 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: Drill results, Other - Extracted: 2026-09-12 08:23:41 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary Iconic Minerals is re-initiating an exploration program at its New Pass Gold Property in Nevada, focusing on 38 RC drill holes to test IP anomalies. The plan includes advanced metallurgy and aims to generate a new NI 43-101 technical resource report. Reasoning: The company is re-initiating an exploration program at New Pass to test IP anomalies and expand the resource, though it relies on historical data that requires updating. - Positive factor: re-initiating exploration plan - Positive factor: near-term drilling program \(38 RC holes\) - Positive factor: amenable to heap leaching - Positive factor: near major producing assets - Negative factor: reliance on historical resource data - Negative factor: resource requires verification/recalculation Facts used in scoring: 3 ## Classification and evidence **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: The project is positioned near the past-producing McCoy-Cove Mine. Evidence · text > only 75 kilometres south-southwest of the past-producing McCoy-Cove Mine **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: The release mentions a Qualified Person \(Richard Kern\) reviewing and approving the release in accordance with NI 43-101. Evidence · text > Richard Kern, Certified Professional Geologist \(\#11494\) and CEO of Iconic is the Qualified Person who has reviewed and approved this press release ## Extracted facts Stored fact records: 3. Some facts used in scoring do not have a stored record. ## Drill Results (3) ### NP-28 [Link to this fact](https://atlas-extractions.minestarters.com/news/iconic-provides-corporate-update-on-new-pass-gold-property-and-engagement-of-inv--08f822b0-d72a-4c2d-87b8-00415b9392db#fact-drill-facts-0) New Pass · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: NP-28 - Project: New Pass - Commodity: gold - Region: usa\_nv - Reported Region: usa\_nv - Ticker: ICM #### Geometry - Grade: 0.08 - Grade Unit: oz/ton - Intercept: 45 m #### Classification - Sample Type: drill #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2006-04-12T00:00:00.000Z #### Dates - Event date: 2025-05-20T00:00:00.000Z Reasoning: Historical drill intercept reported as a highlight. - Positive factor: high grade for historical intercept Evidence · text > NP-28, 45 m @ 0.080 oz/ton Au #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### NP-88-8 [Link to this fact](https://atlas-extractions.minestarters.com/news/iconic-provides-corporate-update-on-new-pass-gold-property-and-engagement-of-inv--08f822b0-d72a-4c2d-87b8-00415b9392db#fact-drill-facts-1) New Pass · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: NP-88-8 - Project: New Pass - Commodity: gold - Region: usa\_nv - Reported Region: usa\_nv - Ticker: ICM #### Geometry - Grade: 0.078 - Grade Unit: oz/ton - Intercept: 20 m #### Classification - Sample Type: drill #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2006-04-12T00:00:00.000Z #### Dates - Event date: 2025-05-20T00:00:00.000Z Reasoning: Historical drill intercept reported as a highlight. - Positive factor: high grade for historical intercept Evidence · text > NP-88-8, 20 m @ 0.078 oz/ton Au #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### NP-54 [Link to this fact](https://atlas-extractions.minestarters.com/news/iconic-provides-corporate-update-on-new-pass-gold-property-and-engagement-of-inv--08f822b0-d72a-4c2d-87b8-00415b9392db#fact-drill-facts-2) New Pass · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: NP-54 - Project: New Pass - Commodity: gold - Region: usa\_nv - Reported Region: usa\_nv - Ticker: ICM #### Geometry - Grade: 0.047 - Grade Unit: oz/ton - Intercept: 50 m #### Classification - Sample Type: drill #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2006-04-12T00:00:00.000Z #### Dates - Event date: 2025-05-20T00:00:00.000Z Reasoning: Historical drill intercept reported as a highlight. - Positive factor: significant width Evidence · text > NP-54, 50 m @ 0.047 oz/ton Au #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior 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.