Kootenay Resources Reports Continued Review of Two Times Fred Drill Results
Original announcement by tmx on
- Company
- Kootenay Resources Inc.
- Ticker
- KTRI
- Exchange
- TSX
- Region
- British Columbia
- Primary commodity
- Gold
- Secondary commodities
- Silver, Copper
- Document categories
- Drill results, Other
- Extracted
- 2026-09-18 07:08:07 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Kootenay Resources is reviewing $4.0 million worth of historical exploration data at the Two Times Fred epithermal vein system in British Columbia. The review identifies several key vein trends (Gold Hill, Shinju, Borrow Pit, Saki, and Hidden) with significant strike potential indicated by magnetics and outcrop.
Reasoning: The release is a data compilation and review of historical work rather than a report of new drill assays. While it outlines the structural potential of the Two Times Fred system, the lack of new numeric intercepts limits immediate materiality.
Positive factors
- systematic review of historical data
- identification of multiple vein trends
- epithermal vein system potential
Negative factors
- no new assay values reported in this release
- wide drill spacing
- lightly drilled status
Facts used in scoring: 2
Classification and evidence
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: The release discusses the Two Times Fred system within the context of the company's Nechako Plateau properties.
Evidence · text
“Two Times Fred, Nechako Plateau Region, British Columbia”
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: The document describes a review of existing work to understand the system, which is characteristic of resource/infill-style review rather than new discovery.
Evidence · text
“continues the compilation and review of $4.0 million dollars of work conducted on Two Times Fred”
Extracted facts
Stored fact records: 2. Some facts used in scoring do not have a stored record.
Drill Results (2)
2XF-21-0036Two Times Fred · goldHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- 2XF-21-0036
- Project
- Two Times Fred
- Commodity
- gold
- Region
- canada_bc
- Reported Region
- canada_bc
- Ticker
- KTRI
Geometry
- From
- 300 m
- Intercept Depth
- 300 m
Classification
- Deposit Type
- epithermal
- Program
- exploration
- Sample Type
- drill
- Mining Method
- underground
Location
- Location
- Gold Hill Vein
- Loc. Confidence
- medium
- Loc. Source
- document
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
- 2021-01-01T00:00:00.000Z
Dates
- Event date
- 2025-04-14T00:00:00.000Z
Reasoning: This is a single historical hole mentioned to provide depth context for the Gold Hill vein.
Evidence · text
“One lone hole 2XF-21-0036 intercepted Vein at 300m vertical depth from surface.”
Tags used in scoring
No QA/QC Disclosurenegative
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
2XF21-0031Two Times Fred · goldHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- 2XF21-0031
- Project
- Two Times Fred
- Commodity
- gold
- Region
- canada_bc
- Reported Region
- canada_bc
- Ticker
- KTRI
Geometry
- From
- 265 m
- Intercept Depth
- 265 m
Classification
- Deposit Type
- epithermal
- Program
- exploration
- Sample Type
- drill
- Mining Method
- underground
Location
- Location
- Shinju Vein
- Loc. Confidence
- medium
- Loc. Source
- document
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
- 2021-01-01T00:00:00.000Z
Dates
- Event date
- 2025-04-14T00:00:00.000Z
Reasoning: This hole is cited as the deepest intersection to date for the Shinju vein.
Evidence · text
“Deepest intersection to date is 265m from surface (2XF21-0031)”
Tags used in scoring
No QA/QC Disclosurenegative
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
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.