KLDC Hits 50.3 m of Continuous Mineralization with 39.35 g/t Au over 16.4 m, Including 1,670 g/t Au over 0.38 m in 40 m Step-Out at Mirado; Six Additional Holes Pending

Original announcement by tmx on

Company
Kirkland Lake Discoveries Corp.
Ticker
KLDC
Exchange
TSX
Region
Ontario
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Drill results
Extracted
2026-09-16 06:47:52 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Kirkland Lake Discoveries Corp. announced exceptional drill results from its Mirado property, highlighted by a 40-meter step-out hole KLM26-004 intersecting 39.35 g/t Au over 16.4 m, including a bonanza grade of 1,670 g/t Au over 0.38 m. These results confirm lateral continuity and the presence of high-grade shoots within the South Zone, significantly exceeding previous project averages. Six additional drill holes are pending, with results expected to further define the project's scale.

Reasoning: KLDC reported exceptional high-grade gold intercepts, including a bonanza grade of 1,670 g/t Au over 0.38 m within a broader 16.4 m interval at 39.35 g/t Au, from a 40 m step-out hole at Mirado. This significantly exceeds prior project averages and peer benchmarks, demonstrating strong continuity and potential for high-grade shoots. True widths are estimated, and QA/QC procedures are disclosed with QP sign-off. The company acknowledges the influence of a single high-grade sample and has not applied top-cutting, which is noted but does not detract from the overall positive result.

Positive factors

  • Bonanza Intercept
  • True Width Disclosed
  • Step-Out Extension
  • QA/QC Disclosed
  • Compositing Transparent
  • QP/CP Signed

Negative factors

  • High-grade influenced by single sample
  • No top-cutting applied to high-grade results

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

Facts used in scoring: 10

Classification and evidence

Bonanza Interceptpositive

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

Why it applies: The document reports an intercept of 1,670 g/t Au over 0.38 m, which is an exceptionally high grade.

Evidence · text

“1,670 g/t Au over 0.38 m”

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 at approximately 80% of the reported core length intervals.

Evidence · text

“True widths are estimated at approximately 80% of the reported core length intervals.”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The high-grade intercept in KLM26-004 is described as a 40 m step-out, confirming lateral continuity.

Evidence · text

“40-m step out south from hole KLM26-002”

QA/QC Disclosedpositive

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

Why it applies: The release details QA/QC procedures including certified reference standards and blanks, and mentions analysis by Paragon Geochemical using Chrysos PhotonAssay™ technology.

Evidence · text

“Data Verification & Quality Assurance/Quality Control (QA/QC) Gold analyses were completed on ½ NQ Core at Paragon Geochemical using Chrysos PhotonAssay™ technology”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: The document clearly states the 0.2 g/t Au cutoff grade and up to 3.0 m of internal dilution used for reported intervals.

Evidence · text

“Reported intervals are calculated using a weighted average grade with a 0.2 g/t Au cutoff. To reflect the continuity of mineralization within the broader system, up to 3.0 m of internal dilution (consecutive material below cutoff) is included within reported composites.”

QP/CP Signedpositive · Story-specific tag

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 has been reviewed and approved by Benjamin Cleland, P.Geo., Vice-President Exploration, who is a Qualified Person.

Evidence · text

“The technical information contained in this news release has been reviewed and approved by Benjamin Cleland, P.Geo., Vice-President Exploration , who is a Qualified Person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects .”

Extracted facts

Stored fact records: 10. Some facts used in scoring do not have a stored record.

Drill Results (10)

KLM26-003Mirado · goldGrade: 0.87Grade Unit: g/tIntercept: 27 mView all details
Link to this fact

Identity

Hole ID
KLM26-003
Project
Mirado
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
KLDC

Geometry

Grade
0.87
Grade Unit
g/t
Intercept
27 m
True Width
21.6 m
From
13 m
To
40 m
Hole Depth
300 m
Intercept Depth
13 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
KLM26-003:13-40
Mining Method
underground

Location

Location
South Zone
Easting
587290
Northing
5318352
Azimuth
70 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-04T00:00:00.000Z

Reasoning: This intercept of 0.87 g/t Au over 27.0 m supports continuity of mineralization within the South Zone, contributing to the overall understanding of the deposit.

Positive factors

  • True Width Disclosed
  • QA/QC Disclosed
  • Compositing Transparent
  • QP/CP Signed

Evidence · table

“0.87”

Context: 27.0

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: True widths are estimated at approximately 80% of the reported core length intervals.

Evidence · text

“True widths are estimated at approximately 80% of the reported core length intervals.”

QA/QC DisclosedRejected · positive

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

Reason: The release mentions certified reference standards and blanks were inserted into the sample stream.

Evidence · text

“Certified reference standards and blanks were inserted into the sample stream at regular intervals, approximately one control sample per twenty samples, to monitor analytical accuracy and precision.”

Compositing TransparentRejected · positive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Reason: Reported intervals are calculated using a weighted average grade with a 0.2 g/t Au cutoff and up to 3.0 m of internal dilution.

Evidence · text

“Reported intervals are calculated using a weighted average grade with a 0.2 g/t Au cutoff. To reflect the continuity of mineralization within the broader system, up to 3.0 m of internal dilution (consecutive material below cutoff) is included within reported composites.”

QP/CP SignedRejected · positive · Story-specific tag

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.

Reason: The technical information has been reviewed and approved by Benjamin Cleland, P.Geo., Vice-President Exploration, a Qualified Person.

Evidence · text

“The technical information contained in this news release has been reviewed and approved by Benjamin Cleland, P.Geo., Vice-President Exploration , who is a Qualified Person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects .”
KLM26-003Mirado · goldGrade: 3.43Grade Unit: g/tIntercept: 5 mView all details
Link to this fact

Identity

Hole ID
KLM26-003
Project
Mirado
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
KLDC

Geometry

Grade
3.43
Grade Unit
g/t
Intercept
5 m
True Width
4 m
From
13 m
To
18 m
Hole Depth
300 m
Intercept Depth
13 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
KLM26-003:13-18
Mining Method
underground

Location

Location
South Zone
Easting
587290
Northing
5318352
Azimuth
70 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-04T00:00:00.000Z

Reasoning: This sub-interval of 3.43 g/t Au over 5.0 m is a moderate grade for an orogenic gold deposit, indicating localized higher-grade mineralization within the broader zone.

Positive factors

  • True Width Disclosed
  • QA/QC Disclosed
  • Compositing Transparent
  • QP/CP Signed

Evidence · table

“3.43”

Context: 5.0

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: True widths are estimated at approximately 80% of the reported core length intervals.

Evidence · text

“True widths are estimated at approximately 80% of the reported core length intervals.”

QA/QC DisclosedRejected · positive

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

Reason: The release mentions certified reference standards and blanks were inserted into the sample stream.

Evidence · text

“Certified reference standards and blanks were inserted into the sample stream at regular intervals, approximately one control sample per twenty samples, to monitor analytical accuracy and precision.”

Compositing TransparentRejected · positive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Reason: Reported intervals are calculated using a weighted average grade with a 0.2 g/t Au cutoff and up to 3.0 m of internal dilution.

Evidence · text

“Reported intervals are calculated using a weighted average grade with a 0.2 g/t Au cutoff. To reflect the continuity of mineralization within the broader system, up to 3.0 m of internal dilution (consecutive material below cutoff) is included within reported composites.”

QP/CP SignedRejected · positive · Story-specific tag

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.

Reason: The technical information has been reviewed and approved by Benjamin Cleland, P.Geo., Vice-President Exploration, a Qualified Person.

Evidence · text

“The technical information contained in this news release has been reviewed and approved by Benjamin Cleland, P.Geo., Vice-President Exploration , who is a Qualified Person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects .”
KLM26-003Mirado · goldGrade: 0.26Grade Unit: g/tIntercept: 16 mView all details
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Identity

Hole ID
KLM26-003
Project
Mirado
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
KLDC

Geometry

Grade
0.26
Grade Unit
g/t
Intercept
16 m
True Width
12.8 m
From
81.5 m
To
97.5 m
Hole Depth
300 m
Intercept Depth
13 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
KLM26-003:81.5-97.5
Mining Method
underground

Location

Location
South Zone
Easting
587290
Northing
5318352
Azimuth
70 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-04T00:00:00.000Z

Reasoning: This intercept of 0.26 g/t Au over 16.0 m is a weak grade for an orogenic gold deposit, but contributes to the understanding of the broader mineralized envelope.

Positive factors

  • True Width Disclosed
  • QA/QC Disclosed
  • Compositing Transparent
  • QP/CP Signed

Evidence · table

“0.26”

Context: 16.0

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: True widths are estimated at approximately 80% of the reported core length intervals.

Evidence · text

“True widths are estimated at approximately 80% of the reported core length intervals.”

QA/QC DisclosedRejected · positive

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

Reason: The release mentions certified reference standards and blanks were inserted into the sample stream.

Evidence · text

“Certified reference standards and blanks were inserted into the sample stream at regular intervals, approximately one control sample per twenty samples, to monitor analytical accuracy and precision.”

Compositing TransparentRejected · positive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Reason: Reported intervals are calculated using a weighted average grade with a 0.2 g/t Au cutoff and up to 3.0 m of internal dilution.

Evidence · text

“Reported intervals are calculated using a weighted average grade with a 0.2 g/t Au cutoff. To reflect the continuity of mineralization within the broader system, up to 3.0 m of internal dilution (consecutive material below cutoff) is included within reported composites.”

QP/CP SignedRejected · positive · Story-specific tag

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.

Reason: The technical information has been reviewed and approved by Benjamin Cleland, P.Geo., Vice-President Exploration, a Qualified Person.

Evidence · text

“The technical information contained in this news release has been reviewed and approved by Benjamin Cleland, P.Geo., Vice-President Exploration , who is a Qualified Person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects .”
KLM26-003Mirado · goldGrade: 0.25Grade Unit: g/tIntercept: 32.9 mView all details
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Identity

Hole ID
KLM26-003
Project
Mirado
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
KLDC

Geometry

Grade
0.25
Grade Unit
g/t
Intercept
32.9 m
True Width
26.32 m
From
112.6 m
To
145.5 m
Hole Depth
300 m
Intercept Depth
13 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
KLM26-003:112.6-145.5
Mining Method
underground

Location

Location
South Zone
Easting
587290
Northing
5318352
Azimuth
70 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-04T00:00:00.000Z

Reasoning: This intercept of 0.25 g/t Au over 32.9 m is a weak grade for an orogenic gold deposit, but its significant width supports the continuity of the mineralized envelope.

Positive factors

  • True Width Disclosed
  • QA/QC Disclosed
  • Compositing Transparent
  • QP/CP Signed

Evidence · table

“0.25”

Context: 32.9

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: True widths are estimated at approximately 80% of the reported core length intervals.

Evidence · text

“True widths are estimated at approximately 80% of the reported core length intervals.”

QA/QC DisclosedRejected · positive

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

Reason: The release mentions certified reference standards and blanks were inserted into the sample stream.

Evidence · text

“Certified reference standards and blanks were inserted into the sample stream at regular intervals, approximately one control sample per twenty samples, to monitor analytical accuracy and precision.”

Compositing TransparentRejected · positive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Reason: Reported intervals are calculated using a weighted average grade with a 0.2 g/t Au cutoff and up to 3.0 m of internal dilution.

Evidence · text

“Reported intervals are calculated using a weighted average grade with a 0.2 g/t Au cutoff. To reflect the continuity of mineralization within the broader system, up to 3.0 m of internal dilution (consecutive material below cutoff) is included within reported composites.”

QP/CP SignedRejected · positive · Story-specific tag

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.

Reason: The technical information has been reviewed and approved by Benjamin Cleland, P.Geo., Vice-President Exploration, a Qualified Person.

Evidence · text

“The technical information contained in this news release has been reviewed and approved by Benjamin Cleland, P.Geo., Vice-President Exploration , who is a Qualified Person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects .”
KLM26-004Mirado · goldGrade: 1.23Grade Unit: g/tIntercept: 3.6 mView all details
Link to this fact

Identity

Hole ID
KLM26-004
Project
Mirado
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
KLDC

Geometry

Grade
1.23
Grade Unit
g/t
Intercept
3.6 m
True Width
2.88 m
From
15 m
To
18.6 m
Hole Depth
300 m
Intercept Depth
15 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
KLM26-004:15-18.6
Mining Method
underground

Location

Location
South Zone
Easting
587311
Northing
5318276
Azimuth
70 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-04T00:00:00.000Z

Reasoning: This intercept of 1.23 g/t Au over 3.6 m is a moderate grade for an orogenic gold deposit, indicating the presence of mineralization at shallow depths.

Positive factors

  • True Width Disclosed
  • QA/QC Disclosed
  • Compositing Transparent
  • QP/CP Signed

Evidence · table

“1.23”

Context: 3.6

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: True widths are estimated at approximately 80% of the reported core length intervals.

Evidence · text

“True widths are estimated at approximately 80% of the reported core length intervals.”

QA/QC DisclosedRejected · positive

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

Reason: The release mentions certified reference standards and blanks were inserted into the sample stream.

Evidence · text

“Certified reference standards and blanks were inserted into the sample stream at regular intervals, approximately one control sample per twenty samples, to monitor analytical accuracy and precision.”

Compositing TransparentRejected · positive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Reason: Reported intervals are calculated using a weighted average grade with a 0.2 g/t Au cutoff and up to 3.0 m of internal dilution.

Evidence · text

“Reported intervals are calculated using a weighted average grade with a 0.2 g/t Au cutoff. To reflect the continuity of mineralization within the broader system, up to 3.0 m of internal dilution (consecutive material below cutoff) is included within reported composites.”

QP/CP SignedRejected · positive · Story-specific tag

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.

Reason: The technical information has been reviewed and approved by Benjamin Cleland, P.Geo., Vice-President Exploration, a Qualified Person.

Evidence · text

“The technical information contained in this news release has been reviewed and approved by Benjamin Cleland, P.Geo., Vice-President Exploration , who is a Qualified Person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects .”
KLM26-004Mirado · goldGrade: 39.35Grade Unit: g/tIntercept: 16.4 mView all details
Link to this fact

Identity

Hole ID
KLM26-004
Project
Mirado
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
KLDC

Geometry

Grade
39.35
Grade Unit
g/t
Intercept
16.4 m
True Width
13.12 m
From
53.6 m
To
70 m
Hole Depth
300 m
Intercept Depth
15 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
KLM26-004:53.6-70
Mining Method
underground

Location

Location
South Zone
Easting
587311
Northing
5318276
Azimuth
70 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-04T00:00:00.000Z

Reasoning: This exceptional intercept of 39.35 g/t Au over 16.4 m, including bonanza grades, is a significant step-out discovery, well above the 75th percentile for orogenic gold deposits and significantly higher than previous project results, indicating strong potential for high-grade shoots.

Positive factors

  • Bonanza Intercept
  • True Width Disclosed
  • Step-Out Extension
  • QA/QC Disclosed
  • Compositing Transparent
  • QP/CP Signed

Negative factors

  • High-grade influenced by single sample
  • No top-cutting applied to high-grade results

Evidence · table

“39.35”

Context: 16.4

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Bonanza InterceptRejected · positive

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

Reason: The grade of 39.35 g/t Au is well above the exceptional threshold of 15 g/t for underground orogenic gold deposits.

Evidence · table

“39.35”

Context: 16.4

True Width DisclosedRejected · positive

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

Reason: True widths are estimated at approximately 80% of the reported core length intervals.

Evidence · text

“True widths are estimated at approximately 80% of the reported core length intervals.”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: This intercept is from a 40-meter step-out south from hole KLM26-002, confirming lateral continuity.

Evidence · text

“40-m step out south from hole KLM26-002”

QA/QC DisclosedRejected · positive

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

Reason: The release mentions certified reference standards and blanks were inserted into the sample stream.

Evidence · text

“Certified reference standards and blanks were inserted into the sample stream at regular intervals, approximately one control sample per twenty samples, to monitor analytical accuracy and precision.”

Compositing TransparentRejected · positive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Reason: Reported intervals are calculated using a weighted average grade with a 0.2 g/t Au cutoff and up to 3.0 m of internal dilution.

Evidence · text

“Reported intervals are calculated using a weighted average grade with a 0.2 g/t Au cutoff. To reflect the continuity of mineralization within the broader system, up to 3.0 m of internal dilution (consecutive material below cutoff) is included within reported composites.”

QP/CP SignedRejected · positive · Story-specific tag

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.

Reason: The technical information has been reviewed and approved by Benjamin Cleland, P.Geo., Vice-President Exploration, a Qualified Person.

Evidence · text

“The technical information contained in this news release has been reviewed and approved by Benjamin Cleland, P.Geo., Vice-President Exploration , who is a Qualified Person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects .”
KLM26-004Mirado · goldGrade: 106.9Grade Unit: g/tIntercept: 6 mView all details
Link to this fact

Identity

Hole ID
KLM26-004
Project
Mirado
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
KLDC

Geometry

Grade
106.9
Grade Unit
g/t
Intercept
6 m
True Width
4.8 m
From
55 m
To
61 m
Hole Depth
300 m
Intercept Depth
15 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
KLM26-004:55-61
Mining Method
underground

Location

Location
South Zone
Easting
587311
Northing
5318276
Azimuth
70 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-04T00:00:00.000Z

Reasoning: This bonanza sub-interval of 106.9 g/t Au over 6.0 m is a highly significant result, well above the exceptional threshold for orogenic gold deposits, and contributes to the overall high-grade nature of the KLM26-004 intercept.

Positive factors

  • Bonanza Intercept
  • True Width Disclosed
  • Step-Out Extension
  • QA/QC Disclosed
  • Compositing Transparent
  • QP/CP Signed

Negative factors

  • High-grade influenced by single sample
  • No top-cutting applied to high-grade results

Evidence · table

“106.90”

Context: 6.0

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Bonanza InterceptRejected · positive

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

Reason: The grade of 106.9 g/t Au is well above the exceptional threshold of 15 g/t for underground orogenic gold deposits.

Evidence · table

“106.90”

Context: 6.0

True Width DisclosedRejected · positive

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

Reason: True widths are estimated at approximately 80% of the reported core length intervals.

Evidence · text

“True widths are estimated at approximately 80% of the reported core length intervals.”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: This intercept is part of a 40-meter step-out south from hole KLM26-002.

Evidence · text

“40-m step out south from hole KLM26-002”

QA/QC DisclosedRejected · positive

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

Reason: The release mentions certified reference standards and blanks were inserted into the sample stream.

Evidence · text

“Certified reference standards and blanks were inserted into the sample stream at regular intervals, approximately one control sample per twenty samples, to monitor analytical accuracy and precision.”

Compositing TransparentRejected · positive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Reason: Reported intervals are calculated using a weighted average grade with a 0.2 g/t Au cutoff and up to 3.0 m of internal dilution.

Evidence · text

“Reported intervals are calculated using a weighted average grade with a 0.2 g/t Au cutoff. To reflect the continuity of mineralization within the broader system, up to 3.0 m of internal dilution (consecutive material below cutoff) is included within reported composites.”

QP/CP SignedRejected · positive · Story-specific tag

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.

Reason: The technical information has been reviewed and approved by Benjamin Cleland, P.Geo., Vice-President Exploration, a Qualified Person.

Evidence · text

“The technical information contained in this news release has been reviewed and approved by Benjamin Cleland, P.Geo., Vice-President Exploration , who is a Qualified Person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects .”
KLM26-004Mirado · goldGrade: 1670Grade Unit: g/tIntercept: 0.38 mView all details
Link to this fact

Identity

Hole ID
KLM26-004
Project
Mirado
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
KLDC

Geometry

Grade
1670
Grade Unit
g/t
Intercept
0.38 m
True Width
0.304 m
From
58.6 m
To
59 m
Hole Depth
300 m
Intercept Depth
15 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
KLM26-004:58.6-59
Mining Method
underground

Location

Location
South Zone
Easting
587311
Northing
5318276
Azimuth
70 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-04T00:00:00.000Z

Reasoning: This bonanza sub-interval of 1,670 g/t Au over 0.38 m is an extremely high-grade result, far exceeding any peer or project benchmarks, and confirms the presence of significant gold mineralization within the system, despite being influenced by a single sample.

Positive factors

  • Bonanza Intercept
  • True Width Disclosed
  • Step-Out Extension
  • QA/QC Disclosed
  • Compositing Transparent
  • QP/CP Signed

Negative factors

  • High-grade influenced by single sample
  • No top-cutting applied to high-grade results

Evidence · table

“1,670”

Context: 0.38

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Bonanza InterceptRejected · positive

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

Reason: The grade of 1,670 g/t Au is exceptionally high, far exceeding the exceptional threshold of 15 g/t for underground orogenic gold deposits.

Evidence · table

“1,670”

Context: 0.38

True Width DisclosedRejected · positive

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

Reason: True widths are estimated at approximately 80% of the reported core length intervals.

Evidence · text

“True widths are estimated at approximately 80% of the reported core length intervals.”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: This intercept is part of a 40-meter step-out south from hole KLM26-002.

Evidence · text

“40-m step out south from hole KLM26-002”

QA/QC DisclosedRejected · positive

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

Reason: The release mentions certified reference standards and blanks were inserted into the sample stream.

Evidence · text

“Certified reference standards and blanks were inserted into the sample stream at regular intervals, approximately one control sample per twenty samples, to monitor analytical accuracy and precision.”

Compositing TransparentRejected · positive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Reason: Reported intervals are calculated using a weighted average grade with a 0.2 g/t Au cutoff and up to 3.0 m of internal dilution.

Evidence · text

“Reported intervals are calculated using a weighted average grade with a 0.2 g/t Au cutoff. To reflect the continuity of mineralization within the broader system, up to 3.0 m of internal dilution (consecutive material below cutoff) is included within reported composites.”

QP/CP SignedRejected · positive · Story-specific tag

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.

Reason: The technical information has been reviewed and approved by Benjamin Cleland, P.Geo., Vice-President Exploration, a Qualified Person.

Evidence · text

“The technical information contained in this news release has been reviewed and approved by Benjamin Cleland, P.Geo., Vice-President Exploration , who is a Qualified Person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects .”
KLM26-004Mirado · goldGrade: 2.22Grade Unit: g/tIntercept: 26.1 mView all details
Link to this fact

Identity

Hole ID
KLM26-004
Project
Mirado
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
KLDC

Geometry

Grade
2.22
Grade Unit
g/t
Intercept
26.1 m
True Width
20.88 m
From
78.7 m
To
104.8 m
Hole Depth
300 m
Intercept Depth
15 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
KLM26-004:78.7-104.8
Mining Method
underground

Location

Location
South Zone
Easting
587311
Northing
5318276
Azimuth
70 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-04T00:00:00.000Z

Reasoning: This intercept of 2.22 g/t Au over 26.1 m is a moderate grade for an orogenic gold deposit, and its significant width contributes to the overall mineralized footprint of the step-out hole.

Positive factors

  • True Width Disclosed
  • Step-Out Extension
  • QA/QC Disclosed
  • Compositing Transparent
  • QP/CP Signed

Evidence · table

“2.22”

Context: 26.1

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: True widths are estimated at approximately 80% of the reported core length intervals.

Evidence · text

“True widths are estimated at approximately 80% of the reported core length intervals.”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: This intercept is part of a 40-meter step-out south from hole KLM26-002.

Evidence · text

“40-m step out south from hole KLM26-002”

QA/QC DisclosedRejected · positive

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

Reason: The release mentions certified reference standards and blanks were inserted into the sample stream.

Evidence · text

“Certified reference standards and blanks were inserted into the sample stream at regular intervals, approximately one control sample per twenty samples, to monitor analytical accuracy and precision.”

Compositing TransparentRejected · positive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Reason: Reported intervals are calculated using a weighted average grade with a 0.2 g/t Au cutoff and up to 3.0 m of internal dilution.

Evidence · text

“Reported intervals are calculated using a weighted average grade with a 0.2 g/t Au cutoff. To reflect the continuity of mineralization within the broader system, up to 3.0 m of internal dilution (consecutive material below cutoff) is included within reported composites.”

QP/CP SignedRejected · positive · Story-specific tag

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.

Reason: The technical information has been reviewed and approved by Benjamin Cleland, P.Geo., Vice-President Exploration, a Qualified Person.

Evidence · text

“The technical information contained in this news release has been reviewed and approved by Benjamin Cleland, P.Geo., Vice-President Exploration , who is a Qualified Person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects .”
KLM26-004Mirado · goldGrade: 3.75Grade Unit: g/tIntercept: 13.5 mView all details
Link to this fact

Identity

Hole ID
KLM26-004
Project
Mirado
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
KLDC

Geometry

Grade
3.75
Grade Unit
g/t
Intercept
13.5 m
True Width
10.8 m
From
91.3 m
To
104.8 m
Hole Depth
300 m
Intercept Depth
15 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
KLM26-004:91.3-104.8
Mining Method
underground

Location

Location
South Zone
Easting
587311
Northing
5318276
Azimuth
70 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-04T00:00:00.000Z

Reasoning: This sub-interval of 3.75 g/t Au over 13.5 m is a strong grade for an orogenic gold deposit, indicating a significant higher-grade zone within the broader intercept of the step-out hole.

Positive factors

  • True Width Disclosed
  • Step-Out Extension
  • QA/QC Disclosed
  • Compositing Transparent
  • QP/CP Signed

Evidence · table

“3.75”

Context: 13.5

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: True widths are estimated at approximately 80% of the reported core length intervals.

Evidence · text

“True widths are estimated at approximately 80% of the reported core length intervals.”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: This intercept is part of a 40-meter step-out south from hole KLM26-002.

Evidence · text

“40-m step out south from hole KLM26-002”

QA/QC DisclosedRejected · positive

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

Reason: The release mentions certified reference standards and blanks were inserted into the sample stream.

Evidence · text

“Certified reference standards and blanks were inserted into the sample stream at regular intervals, approximately one control sample per twenty samples, to monitor analytical accuracy and precision.”

Compositing TransparentRejected · positive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Reason: Reported intervals are calculated using a weighted average grade with a 0.2 g/t Au cutoff and up to 3.0 m of internal dilution.

Evidence · text

“Reported intervals are calculated using a weighted average grade with a 0.2 g/t Au cutoff. To reflect the continuity of mineralization within the broader system, up to 3.0 m of internal dilution (consecutive material below cutoff) is included within reported composites.”

QP/CP SignedRejected · positive · Story-specific tag

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.

Reason: The technical information has been reviewed and approved by Benjamin Cleland, P.Geo., Vice-President Exploration, a Qualified Person.

Evidence · text

“The technical information contained in this news release has been reviewed and approved by Benjamin Cleland, P.Geo., Vice-President Exploration , who is a Qualified Person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects .”

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.