Maple Gold Announces Continued Growth of High-Grade Gold Zones Beyond Historical Mine Workings and Current Mineral Resources at Joutel

Original announcement by tmx on

Company
Maple Gold Mines Ltd.
Ticker
MGM
Exchange
TSX
Region
Québec, Canada
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Drill results, Resource update
Extracted
2026-09-16 10:44:46 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Maple Gold announced new drill results from its Joutel Gold Project in Québec, Canada, highlighting high-grade gold intercepts that extend mineralization up to 450 meters beyond historical mine workings. Key results include 16.3 g/t Au over 1.3 m in JO-26-13, 15.5 g/t Au over 2.0 m in JO-26-14, and 32.6 g/t Au over 0.8 m in JO-26-15. The company also reiterated its 2026 Mineral Resource Estimate for Joutel and Douay, which does not include these new drill results, and plans further step-out drilling in H2 2026 and 2027.

Reasoning: The drill program successfully extended high-grade gold mineralization significantly beyond historical workings, demonstrating strong continuity and predictability, supported by robust QA/QC. While true widths are estimated, the overall results are very positive for future resource growth.

Positive factors

  • High-grade gold intercepts, including 32.6 g/t Au over 0.8 m, exceed the exceptional threshold for orogenic gold deposits.
  • Significant step-out extensions of up to 450 m beyond historical workings demonstrate strong potential for resource expansion.
  • Strong continuity and predictability of mineralization along the Main Iron Carbonate Horizon (MICH) with a near 100% drill success rate.
  • Comprehensive QA/QC protocols, certified laboratory (ALS Geochemistry), and Qualified Person sign-off ensure high data reliability.

Negative factors

  • Intersections are reported as drilled widths, with true widths estimated to be 60-90% of drill widths, indicating apparent width only.
  • The reported drill results are not included in the recently updated 2026 Mineral Resource Estimate, delaying their impact on stated resources.

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

Facts used in scoring: 31

Classification and evidence

Bonanza Interceptpositive

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

Why it applies: The intercept of 16.3 g/t Au over 1.3 m in JO-26-13 significantly exceeds the 15 g/t Au exceptional threshold for underground orogenic gold deposits.

Evidence · table

“16.3”

Context: 1.3

Bonanza Interceptpositive

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

Why it applies: The intercept of 15.5 g/t Au over 2.0 m in JO-26-14 significantly exceeds the 15 g/t Au exceptional threshold for underground orogenic gold deposits.

Evidence · table

“15.5”

Context: 2.0

Bonanza Interceptpositive

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

Why it applies: The intercept of 20.9 g/t Au over 1.3 m in JO-26-15 significantly exceeds the 15 g/t Au exceptional threshold for underground orogenic gold deposits.

Evidence · table

“20.9”

Context: 1.3

Bonanza Interceptpositive

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

Why it applies: The intercept of 32.6 g/t Au over 0.8 m in JO-26-15 significantly exceeds the 15 g/t Au exceptional threshold for underground orogenic gold deposits.

Evidence · table

“32.6”

Context: 0.8

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: Drilling extended high-grade gold mineralization up to 450 m beyond the historical Eagle-Telbel underground workings, indicating a significant step-out.

Evidence · text

“Drilling at Joutel continues to extend broad zones of high-grade gold mineralization up to 450 metres ( " m " ) beyond the historical Eagle-Telbel underground workings”

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 strict QA/QC protocols, mentions ALS Geochemistry as the certified laboratory, and states that a Qualified Person has reviewed and approved the information.

Evidence · text

“The Company implements strict Quality Assurance (" QA ") and Quality Control (" QC ") protocols at Joutel”

Apparent Width Onlynegative

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

Why it applies: The document explicitly states that "Intersections are reported as drilled widths; true widths are estimated to be 60-90% of drill widths", indicating that true widths are not directly provided for the reported intervals.

Evidence · table

“* Intersections are reported as drilled widths; true widths are estimated to be 60-90% of drill widths”

Context: * Intersections are reported as drilled widths; true widths are estimated to be 60-90% of drill widths

Inferred Resourcenegative

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

Why it applies: The Joutel resource includes 7.5 Mt at 4.11 g/t Au for 992,000 oz Au in the Inferred category, which is a speculative category with limited geological confidence.

Evidence · text

“Inferred Resource: 7.5 Mt at an average grade of 4.11 g/t Au for 992,000 oz Au”

Inferred Resourcenegative

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

Why it applies: The Douay resource includes 122.7 Mt at 0.84 g/t Au for 3.31 million oz Au in the Inferred category, which is a speculative category with limited geological confidence.

Evidence · text

“Inferred Mineral Resources estimated at 122.7 Mt at a grade of 0.84 g/t Au (containing 3,305,000 oz Au)”

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: The document references and restates historical drill results from news releases dated February 26, 2026, and August 15, 2022, without providing new assays or reinterpretation for these specific intercepts.

Evidence · text

“previously reported drill hole JO-25-05 , which returned 8.5 g/t Au over 8.0 m including 17.5 g/t Au over 1.5 m within the MICH (see news release dated February 26, 2026)”

Maiden Resourceneutral

First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component. No prior estimate exists, so every change band is not applicable.

Why it applies: The document refers to the 'maiden Joutel Mineral Resource', indicating it is the first formal resource estimate for this project.

Evidence · text

“the maiden Joutel Mineral Resource”

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: The document mentions the 'updated Mineral Resource Estimate (" 2026 MRE ") at Douay/Joutel', indicating a revision to an existing resource.

Evidence · text

“updated Mineral Resource Estimate (" 2026 MRE ") at Douay/Joutel”

Extracted facts

Stored fact records: 31. Some facts used in scoring do not have a stored record.

Drill Results (27)

JO-26-12Joutel · goldGrade: 2.3Grade Unit: g/tIntercept: 6.6 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
JO-26-12
Project
Joutel
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
MGM

Geometry

Grade
2.3
Grade Unit
g/t
Intercept
6.6 m
From
467.3 m
To
473.9 m
Hole Depth
636 m
Intercept Depth
467.3 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
JO-26-12:467.3-473.9
Mining Method
underground

Location

Azimuth
37 °
Dip
-65 °

QA/QC

Laboratory
ALS Geochemistry
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-02-26T00:00:00.000Z

Dates

Event date
2026-06-03T00:00:00.000Z

Reasoning: This intercept shows moderate grade and good width, contributing to the overall exploration success, but lacks true width disclosure.

Positive factors

  • Moderate gold grade (2.3 g/t Au) for an orogenic deposit.
  • Good intercept length (6.6 m) for an exploration hole.

Negative factors

  • True width is not stated, only estimated as 60-90% of drilled width.

Evidence · table

“2.3”

Context: 6.6

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

JO-26-12Joutel · goldGrade: 2.9Grade Unit: g/tIntercept: 4.7 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
JO-26-12
Project
Joutel
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
MGM

Geometry

Grade
2.9
Grade Unit
g/t
Intercept
4.7 m
From
468 m
To
472.7 m
Hole Depth
636 m
Intercept Depth
467.3 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
JO-26-12:468-472.7
Mining Method
underground

Location

Azimuth
37 °
Dip
-65 °

QA/QC

Laboratory
ALS Geochemistry
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-02-26T00:00:00.000Z

Dates

Event date
2026-06-03T00:00:00.000Z

Reasoning: This sub-interval shows a slightly higher grade within the broader intercept, contributing positively to the overall result.

Positive factors

  • Moderate gold grade (2.9 g/t Au) for an orogenic deposit.
  • Good intercept length (4.7 m) as a sub-interval.

Negative factors

  • True width is not stated, only estimated as 60-90% of drilled width.

Evidence · table

“2.9”

Context: 4.7

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

JO-26-12Joutel · goldGrade: 4.8Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
JO-26-12
Project
Joutel
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
MGM

Geometry

Grade
4.8
Grade Unit
g/t
Intercept
2 m
From
470 m
To
472 m
Hole Depth
636 m
Intercept Depth
467.3 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
JO-26-12:470-472
Mining Method
underground

Location

Azimuth
37 °
Dip
-65 °

QA/QC

Laboratory
ALS Geochemistry
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-03T00:00:00.000Z

Reasoning: This sub-interval shows a strong gold grade over a moderate width, indicating a higher-grade core within the broader mineralization.

Positive factors

  • Strong gold grade (4.8 g/t Au) for an orogenic deposit.

Negative factors

  • True width is not stated, only estimated as 60-90% of drilled width.

Evidence · table

“4.8”

Context: 2.0

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

JO-26-12Joutel · goldGrade: 6.4Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
JO-26-12
Project
Joutel
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
MGM

Geometry

Grade
6.4
Grade Unit
g/t
Intercept
1 m
From
471 m
To
472 m
Hole Depth
636 m
Intercept Depth
467.3 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
JO-26-12:471-472
Mining Method
underground

Location

Azimuth
37 °
Dip
-65 °

QA/QC

Laboratory
ALS Geochemistry
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-03T00:00:00.000Z

Reasoning: This high-grade sub-interval indicates a very rich zone within the broader mineralization, enhancing the overall prospectivity.

Positive factors

  • Exceptional gold grade (6.4 g/t Au) for an orogenic deposit.

Negative factors

  • True width is not stated, only estimated as 60-90% of drilled width.

Evidence · table

“6.4”

Context: 1.0

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

JO-26-12Joutel · goldGrade: 1.1Grade Unit: g/tIntercept: 2.2 mView all details
Link to this fact

Identity

Hole ID
JO-26-12
Project
Joutel
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
MGM

Geometry

Grade
1.1
Grade Unit
g/t
Intercept
2.2 m
From
493.5 m
To
495.7 m
Hole Depth
636 m
Intercept Depth
467.3 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
JO-26-12:493.5-495.7
Mining Method
underground

Location

Azimuth
37 °
Dip
-65 °

QA/QC

Laboratory
ALS Geochemistry
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-03T00:00:00.000Z

Reasoning: This separate interval shows a weak but still economic gold grade, indicating broader mineralization potential.

Positive factors

  • Weak gold grade (1.1 g/t Au) for an orogenic deposit.

Negative factors

  • True width is not stated, only estimated as 60-90% of drilled width.

Evidence · table

“1.1”

Context: 2.2

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

JO-26-13Joutel · goldGrade: 1Grade Unit: g/tIntercept: 8 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
JO-26-13
Project
Joutel
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
MGM

Geometry

Grade
1
Grade Unit
g/t
Intercept
8 m
From
468 m
To
476 m
Hole Depth
700 m
Intercept Depth
468 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
JO-26-13:468-476
Mining Method
underground

Location

Azimuth
34 °
Dip
-65.5 °

QA/QC

Laboratory
ALS Geochemistry
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-02-26T00:00:00.000Z

Dates

Event date
2026-06-03T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a good width, contributing to the overall understanding of the mineralization.

Positive factors

  • Moderate gold grade (1.0 g/t Au) for an orogenic deposit.
  • Good intercept length (8.0 m) for an exploration hole.

Negative factors

  • True width is not stated, only estimated as 60-90% of drilled width.

Evidence · table

“1.0”

Context: 8.0

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

JO-26-13Joutel · goldGrade: 2.9Grade Unit: g/tIntercept: 2 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
JO-26-13
Project
Joutel
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
MGM

Geometry

Grade
2.9
Grade Unit
g/t
Intercept
2 m
From
474 m
To
476 m
Hole Depth
700 m
Intercept Depth
468 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
JO-26-13:474-476
Mining Method
underground

Location

Azimuth
34 °
Dip
-65.5 °

QA/QC

Laboratory
ALS Geochemistry
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-02-26T00:00:00.000Z

Dates

Event date
2026-06-03T00:00:00.000Z

Reasoning: This sub-interval shows a strong gold grade over a narrow width, indicating a higher-grade zone within the broader intercept.

Positive factors

  • Strong gold grade (2.9 g/t Au) for an orogenic deposit.

Negative factors

  • True width is not stated, only estimated as 60-90% of drilled width.

Evidence · table

“2.9”

Context: 2.0

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

JO-26-13Joutel · goldGrade: 1.7Grade Unit: g/tIntercept: 5.6 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
JO-26-13
Project
Joutel
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
MGM

Geometry

Grade
1.7
Grade Unit
g/t
Intercept
5.6 m
From
513.4 m
To
519 m
Hole Depth
700 m
Intercept Depth
468 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
JO-26-13:513.4-519
Mining Method
underground

Location

Azimuth
34 °
Dip
-65.5 °

QA/QC

Laboratory
ALS Geochemistry
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-04-27T00:00:00.000Z

Dates

Event date
2026-06-03T00:00:00.000Z

Reasoning: This separate interval shows a moderate gold grade over a good width, indicating additional mineralization.

Positive factors

  • Moderate gold grade (1.7 g/t Au) for an orogenic deposit.
  • Good intercept length (5.6 m) for an exploration hole.

Negative factors

  • True width is not stated, only estimated as 60-90% of drilled width.

Evidence · table

“1.7”

Context: 5.6

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

JO-26-13Joutel · goldGrade: 2.2Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
JO-26-13
Project
Joutel
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
MGM

Geometry

Grade
2.2
Grade Unit
g/t
Intercept
3 m
From
516 m
To
519 m
Hole Depth
700 m
Intercept Depth
468 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
JO-26-13:516-519
Mining Method
underground

Location

Azimuth
34 °
Dip
-65.5 °

QA/QC

Laboratory
ALS Geochemistry
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-03T00:00:00.000Z

Reasoning: This sub-interval shows a moderate gold grade over a narrow width, contributing to the overall mineralization.

Positive factors

  • Moderate gold grade (2.2 g/t Au) for an orogenic deposit.

Negative factors

  • True width is not stated, only estimated as 60-90% of drilled width.

Evidence · table

“2.2”

Context: 3.0

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

JO-26-13Joutel · goldGrade: 2.7Grade Unit: g/tIntercept: 10.2 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
JO-26-13
Project
Joutel
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
MGM

Geometry

Grade
2.7
Grade Unit
g/t
Intercept
10.2 m
From
605 m
To
615.2 m
Hole Depth
700 m
Intercept Depth
468 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
JO-26-13:605-615.2
Mining Method
underground

Location

Azimuth
34 °
Dip
-65.5 °

QA/QC

Laboratory
ALS Geochemistry
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
No

Review

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

Dates

Event date
2026-06-03T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade over a significant width, indicating a substantial mineralized zone.

Positive factors

  • Strong gold grade (2.7 g/t Au) for an orogenic deposit.
  • Strong intercept length (10.2 m) for an exploration hole.

Negative factors

  • True width is not stated, only estimated as 60-90% of drilled width.

Evidence · table

“2.7”

Context: 10.2

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

JO-26-13Joutel · goldGrade: 3.5Grade Unit: g/tIntercept: 7.8 mView all details
Link to this fact

Identity

Hole ID
JO-26-13
Project
Joutel
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
MGM

Geometry

Grade
3.5
Grade Unit
g/t
Intercept
7.8 m
From
606.5 m
To
614.3 m
Hole Depth
700 m
Intercept Depth
468 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
JO-26-13:606.5-614.3
Mining Method
underground

Location

Azimuth
34 °
Dip
-65.5 °

QA/QC

Laboratory
ALS Geochemistry
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-03T00:00:00.000Z

Reasoning: This sub-interval shows a strong gold grade over a significant width, indicating a robust mineralized zone.

Positive factors

  • Strong gold grade (3.5 g/t Au) for an orogenic deposit.
  • Strong intercept length (7.8 m) as a sub-interval.

Negative factors

  • True width is not stated, only estimated as 60-90% of drilled width.

Evidence · table

“3.5”

Context: 7.8

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

JO-26-13Joutel · goldGrade: 16.3Grade Unit: g/tIntercept: 1.3 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
JO-26-13
Project
Joutel
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
MGM

Geometry

Grade
16.3
Grade Unit
g/t
Intercept
1.3 m
From
612.1 m
To
613.4 m
Hole Depth
700 m
Intercept Depth
468 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
JO-26-13:612.1-613.4
Mining Method
underground

Location

Azimuth
34 °
Dip
-65.5 °

QA/QC

Laboratory
ALS Geochemistry
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
No

Review

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

Dates

Event date
2026-06-03T00:00:00.000Z

Reasoning: This bonanza-grade sub-interval is a highly significant result, indicating a very rich zone within the broader mineralization and contributing strongly to the project's potential.

Positive factors

  • Exceptional gold grade (16.3 g/t Au) for an orogenic deposit, exceeding the bonanza threshold.
  • This high-grade intercept significantly enhances the overall prospectivity of the drill hole.

Negative factors

  • True width is not stated, only estimated as 60-90% of drilled width.

Evidence · table

“16.3”

Context: 1.3

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

JO-26-13Joutel · goldGrade: 0.3Grade Unit: g/tIntercept: 11.8 mView all details
Link to this fact

Identity

Hole ID
JO-26-13
Project
Joutel
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
MGM

Geometry

Grade
0.3
Grade Unit
g/t
Intercept
11.8 m
From
625.5 m
To
637.3 m
Hole Depth
700 m
Intercept Depth
468 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
JO-26-13:625.5-637.3
Mining Method
underground

Location

Azimuth
34 °
Dip
-65.5 °

QA/QC

Laboratory
ALS Geochemistry
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-03T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade, but its significant width suggests broader alteration or halo mineralization.

Positive factors

  • Weak gold grade (0.3 g/t Au) for an orogenic deposit, but over a significant width.

Negative factors

  • True width is not stated, only estimated as 60-90% of drilled width.

Evidence · table

“0.3”

Context: 11.8

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

JO-26-13Joutel · goldGrade: 1Grade Unit: g/tIntercept: 1 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
JO-26-13
Project
Joutel
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
MGM

Geometry

Grade
1
Grade Unit
g/t
Intercept
1 m
From
631 m
To
632 m
Hole Depth
700 m
Intercept Depth
468 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
JO-26-13:631-632
Mining Method
underground

Location

Azimuth
34 °
Dip
-65.5 °

QA/QC

Laboratory
ALS Geochemistry
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-02-26T00:00:00.000Z

Dates

Event date
2026-06-03T00:00:00.000Z

Reasoning: This sub-interval shows a moderate gold grade over a narrow width, indicating a localized higher-grade zone within the broader weak mineralization.

Positive factors

  • Moderate gold grade (1.0 g/t Au) for an orogenic deposit.

Negative factors

  • True width is not stated, only estimated as 60-90% of drilled width.

Evidence · table

“1.0”

Context: 1.0

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

JO-26-14Joutel · goldGrade: 5.6Grade Unit: g/tIntercept: 10.4 mView all details
Link to this fact

Identity

Hole ID
JO-26-14
Project
Joutel
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
MGM

Geometry

Grade
5.6
Grade Unit
g/t
Intercept
10.4 m
From
598.5 m
To
608.9 m
Hole Depth
756 m
Intercept Depth
598.5 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
JO-26-14:598.5-608.9
Mining Method
underground

Location

Azimuth
37 °
Dip
-63 °

QA/QC

Laboratory
ALS Geochemistry
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-03T00:00:00.000Z

Reasoning: This exceptional grade over a strong width in a step-out hole is a highly positive result, indicating significant expansion potential for the high-grade system.

Positive factors

  • Exceptional gold grade (5.6 g/t Au) for an orogenic deposit.
  • Strong intercept length (10.4 m) for an exploration hole.
  • This intercept represents a significant step-out, extending mineralization further.

Negative factors

  • True width is not stated, only estimated as 60-90% of drilled width.

Evidence · table

“5.6”

Context: 10.4

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

JO-26-14Joutel · goldGrade: 7.4Grade Unit: g/tIntercept: 7.5 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
JO-26-14
Project
Joutel
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
MGM

Geometry

Grade
7.4
Grade Unit
g/t
Intercept
7.5 m
From
598.5 m
To
606 m
Hole Depth
756 m
Intercept Depth
598.5 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
JO-26-14:598.5-606
Mining Method
underground

Location

Azimuth
37 °
Dip
-63 °

QA/QC

Laboratory
ALS Geochemistry
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
No

Review

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

Dates

Event date
2026-06-03T00:00:00.000Z

Reasoning: This sub-interval shows an exceptional gold grade over a strong width, indicating a very rich and continuous zone within the broader intercept.

Positive factors

  • Exceptional gold grade (7.4 g/t Au) for an orogenic deposit.
  • Strong intercept length (7.5 m) as a sub-interval.

Negative factors

  • True width is not stated, only estimated as 60-90% of drilled width.

Evidence · table

“7.4”

Context: 7.5

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

JO-26-14Joutel · goldGrade: 15.5Grade Unit: g/tIntercept: 2 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
JO-26-14
Project
Joutel
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
MGM

Geometry

Grade
15.5
Grade Unit
g/t
Intercept
2 m
From
600 m
To
602 m
Hole Depth
756 m
Intercept Depth
598.5 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
JO-26-14:600-602
Mining Method
underground

Location

Azimuth
37 °
Dip
-63 °

QA/QC

Laboratory
ALS Geochemistry
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
No

Review

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

Dates

Event date
2026-06-03T00:00:00.000Z

Reasoning: This bonanza-grade sub-interval is a highly significant result, indicating a very rich zone within the broader mineralization and contributing strongly to the project's potential.

Positive factors

  • Exceptional gold grade (15.5 g/t Au) for an orogenic deposit, exceeding the bonanza threshold.
  • This high-grade intercept significantly enhances the overall prospectivity of the drill hole.

Negative factors

  • True width is not stated, only estimated as 60-90% of drilled width.

Evidence · table

“15.5”

Context: 2.0

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

JO-26-14Joutel · goldGrade: 1Grade Unit: g/tIntercept: 1.6 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
JO-26-14
Project
Joutel
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
MGM

Geometry

Grade
1
Grade Unit
g/t
Intercept
1.6 m
From
622.7 m
To
624.3 m
Hole Depth
756 m
Intercept Depth
598.5 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
JO-26-14:622.7-624.3
Mining Method
underground

Location

Azimuth
37 °
Dip
-63 °

QA/QC

Laboratory
ALS Geochemistry
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-02-26T00:00:00.000Z

Dates

Event date
2026-06-03T00:00:00.000Z

Reasoning: This separate interval shows a moderate gold grade over a narrow width, indicating additional mineralization.

Positive factors

  • Moderate gold grade (1.0 g/t Au) for an orogenic deposit.

Negative factors

  • True width is not stated, only estimated as 60-90% of drilled width.

Evidence · table

“1.0”

Context: 1.6

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

JO-26-15Joutel · goldGrade: 14Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
JO-26-15
Project
Joutel
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
MGM

Geometry

Grade
14
Grade Unit
g/t
Intercept
2 m
From
238.8 m
To
240.9 m
Hole Depth
312 m
Intercept Depth
238.8 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
JO-26-15:238.8-240.9
Mining Method
underground

Location

Azimuth
49 °
Dip
-47 °

QA/QC

Laboratory
ALS Geochemistry
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-03T00:00:00.000Z

Reasoning: This exceptional grade over a narrow width is a very positive result, confirming high-grade mineralization in a key geological unit and enhancing the project's potential.

Positive factors

  • Exceptional gold grade (14.0 g/t Au) for an orogenic deposit, approaching the bonanza threshold.
  • This intercept confirms high-grade mineralization within the footwall micro-gabbro unit.

Negative factors

  • True width is not stated, only estimated as 60-90% of drilled width.

Evidence · table

“14.0”

Context: 2.0

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

JO-26-15Joutel · goldGrade: 20.9Grade Unit: g/tIntercept: 1.3 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
JO-26-15
Project
Joutel
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
MGM

Geometry

Grade
20.9
Grade Unit
g/t
Intercept
1.3 m
From
238.8 m
To
240.2 m
Hole Depth
312 m
Intercept Depth
238.8 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
JO-26-15:238.8-240.2
Mining Method
underground

Location

Azimuth
49 °
Dip
-47 °

QA/QC

Laboratory
ALS Geochemistry
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2022-08-15T00:00:00.000Z

Dates

Event date
2026-06-03T00:00:00.000Z

Reasoning: This bonanza-grade sub-interval is a highly significant result, indicating a very rich zone within the broader mineralization and contributing strongly to the project's potential.

Positive factors

  • Exceptional gold grade (20.9 g/t Au) for an orogenic deposit, exceeding the bonanza threshold.
  • This high-grade intercept significantly enhances the overall prospectivity of the drill hole.

Negative factors

  • True width is not stated, only estimated as 60-90% of drilled width.

Evidence · table

“20.9”

Context: 1.3

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

JO-26-15Joutel · goldGrade: 32.6Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
JO-26-15
Project
Joutel
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
MGM

Geometry

Grade
32.6
Grade Unit
g/t
Intercept
0.8 m
From
239.4 m
To
240.2 m
Hole Depth
312 m
Intercept Depth
238.8 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
JO-26-15:239.4-240.2
Mining Method
underground

Location

Azimuth
49 °
Dip
-47 °

QA/QC

Laboratory
ALS Geochemistry
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-03T00:00:00.000Z

Reasoning: This bonanza-grade sub-interval is a highly significant result, indicating a very rich zone within the broader mineralization and contributing strongly to the project's potential.

Positive factors

  • Exceptional gold grade (32.6 g/t Au) for an orogenic deposit, significantly exceeding the bonanza threshold.
  • This high-grade intercept significantly enhances the overall prospectivity of the drill hole.

Negative factors

  • True width is not stated, only estimated as 60-90% of drilled width.

Evidence · table

“32.6”

Context: 0.8

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

JO-25-05Joutel · goldGrade: 8.5Grade Unit: g/tIntercept: 8 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
JO-25-05
Project
Joutel
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
MGM

Geometry

Grade
8.5
Grade Unit
g/t
Intercept
8 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Mining Method
underground

QA/QC

Laboratory
ALS Geochemistry
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-02-26T00:00:00.000Z

Dates

Event date
2026-06-03T00:00:00.000Z

Reasoning: This historical intercept shows exceptional grade and good width, providing important context for the current drilling program, though it is not new information.

Positive factors

  • Exceptional gold grade (8.5 g/t Au) for an orogenic deposit.
  • Good intercept length (8.0 m) for an exploration hole.

Negative factors

  • This is a historical result, reducing its novelty.
  • True width is not stated.

Evidence · text

“8.5 g/t Au over 8.0 m”

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

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

JO-25-05Joutel · goldGrade: 17.5Grade Unit: g/tIntercept: 1.5 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
JO-25-05
Project
Joutel
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
MGM

Geometry

Grade
17.5
Grade Unit
g/t
Intercept
1.5 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Mining Method
underground

QA/QC

Laboratory
ALS Geochemistry
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-02-26T00:00:00.000Z

Dates

Event date
2026-06-03T00:00:00.000Z

Reasoning: This historical bonanza-grade sub-interval highlights a very rich zone, providing valuable context for the current drilling, though it is not new information.

Positive factors

  • Exceptional gold grade (17.5 g/t Au) for an orogenic deposit, exceeding the bonanza threshold.

Negative factors

  • This is a historical result, reducing its novelty.
  • True width is not stated.

Evidence · text

“17.5 g/t Au over 1.5 m”

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

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

JO-25-01Joutel · goldGrade: 13.3Grade Unit: g/tIntercept: 3 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
JO-25-01
Project
Joutel
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
MGM

Geometry

Grade
13.3
Grade Unit
g/t
Intercept
3 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Mining Method
underground

QA/QC

Laboratory
ALS Geochemistry
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-02-26T00:00:00.000Z

Dates

Event date
2026-06-03T00:00:00.000Z

Reasoning: This historical intercept shows exceptional grade over a moderate width, providing important context for the current drilling program, though it is not new information.

Positive factors

  • Exceptional gold grade (13.3 g/t Au) for an orogenic deposit, approaching the bonanza threshold.

Negative factors

  • This is a historical result, reducing its novelty.
  • True width is not stated.

Evidence · text

“13.3 g/t Au over 3.0 m”

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

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

JO-25-01Joutel · goldGrade: 25.4Grade Unit: g/tIntercept: 1.5 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
JO-25-01
Project
Joutel
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
MGM

Geometry

Grade
25.4
Grade Unit
g/t
Intercept
1.5 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Mining Method
underground

QA/QC

Laboratory
ALS Geochemistry
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-02-26T00:00:00.000Z

Dates

Event date
2026-06-03T00:00:00.000Z

Reasoning: This historical bonanza-grade sub-interval highlights a very rich zone, providing valuable context for the current drilling, though it is not new information.

Positive factors

  • Exceptional gold grade (25.4 g/t Au) for an orogenic deposit, significantly exceeding the bonanza threshold.

Negative factors

  • This is a historical result, reducing its novelty.
  • True width is not stated.

Evidence · text

“25.4 g/t Au over 1.5 m”

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

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

EM-22-009Joutel · goldGrade: 11.4Grade Unit: g/tIntercept: 3 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
EM-22-009
Project
Joutel
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
MGM

Geometry

Grade
11.4
Grade Unit
g/t
Intercept
3 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Mining Method
underground

QA/QC

Laboratory
ALS Geochemistry
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2022-08-15T00:00:00.000Z

Dates

Event date
2026-06-03T00:00:00.000Z

Reasoning: This historical intercept shows exceptional grade over a moderate width, providing important context for the current drilling program, though it is not new information.

Positive factors

  • Exceptional gold grade (11.4 g/t Au) for an orogenic deposit, approaching the bonanza threshold.

Negative factors

  • This is a historical result, reducing its novelty.
  • True width is not stated.

Evidence · text

“11.4 g/t Au over 3.0 m”

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

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

EM-22-009Joutel · goldGrade: 24.4Grade Unit: g/tIntercept: 1 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
EM-22-009
Project
Joutel
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
MGM

Geometry

Grade
24.4
Grade Unit
g/t
Intercept
1 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Mining Method
underground

QA/QC

Laboratory
ALS Geochemistry
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2022-08-15T00:00:00.000Z

Dates

Event date
2026-06-03T00:00:00.000Z

Reasoning: This historical bonanza-grade sub-interval highlights a very rich zone, providing valuable context for the current drilling, though it is not new information.

Positive factors

  • Exceptional gold grade (24.4 g/t Au) for an orogenic deposit, significantly exceeding the bonanza threshold.

Negative factors

  • This is a historical result, reducing its novelty.
  • True width is not stated.

Evidence · text

“24.4 g/t Au over 1.0 m”

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

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Resource Estimates (4)

indicatedJoutel Gold Project · goldTonnes: 900000Grade: 4.53Grade Unit: g/tContained Metal: 126000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Joutel Gold Project
Commodity
gold
Region
canada_qc
Reported Region
Québec, Canada
Ticker
MGM

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Pascal Lessard
Resource group id
resource:479757177815872ec577

Resource Data

Category
indicated
Tonnes
900000
Grade
4.53
Grade Unit
g/t
Contained Metal
126000
Contained Unit
oz
Cutoff Grade
1.7
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-04-24

Metal Equivalent

Assumptions Disclosed
No

Lab

Laboratory
ALS Geochemistry

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-04-27T00:00:00.000Z

Dates

Event date
2026-06-03T00:00:00.000Z

Reasoning: The Joutel Indicated Resource demonstrates strong grade and confidence, providing a solid foundation for the project, though it is not new information in this release.

Positive factors

  • Strong gold grade (4.53 g/t Au) for an indicated resource in an orogenic deposit.
  • Indicated category provides reasonable geological confidence for future studies.
  • QP signed and NI 43-101 compliant, ensuring high reporting standards.

Negative factors

  • This is a previously announced resource estimate, reducing its novelty.

Evidence · text

“Indicated Resource: 0.9 million tonnes (" Mt ") at an average grade of 4.53 g/t Au for 126,000 ounces ("oz") Au”

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

inferredJoutel Gold Project · goldTonnes: 7500000Grade: 4.11Grade Unit: g/tContained Metal: 992000Contained Unit: ozView all details
Link to this fact

Identity

Project
Joutel Gold Project
Commodity
gold
Region
canada_qc
Reported Region
Québec, Canada
Ticker
MGM

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Pascal Lessard
Resource group id
resource:edd148dc6bf0c9423707

Resource Data

Category
inferred
Tonnes
7500000
Grade
4.11
Grade Unit
g/t
Contained Metal
992000
Contained Unit
oz
Cutoff Grade
1.7
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-04-24

Metal Equivalent

Assumptions Disclosed
No

Lab

Laboratory
ALS Geochemistry

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-03T00:00:00.000Z

Reasoning: The Joutel Inferred Resource shows strong grade and significant scale, indicating substantial exploration potential, but its lower confidence category means further drilling is required for de-risking.

Positive factors

  • Strong gold grade (4.11 g/t Au) for an inferred resource in an orogenic deposit.
  • Significant contained metal (992,000 oz Au) indicates substantial potential.
  • QP signed and NI 43-101 compliant, ensuring high reporting standards.

Negative factors

  • Inferred category has lower geological confidence and cannot support economic studies alone.
  • This is a previously announced resource estimate, reducing its novelty.

Evidence · text

“Inferred Resource: 7.5 Mt at an average grade of 4.11 g/t Au for 992,000 oz Au”

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 Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

indicatedDouay Gold Project · goldTonnes: 18200000Grade: 1.33Grade Unit: g/tContained Metal: 779000Contained Unit: ozView all details
Link to this fact

Identity

Project
Douay Gold Project
Commodity
gold
Region
canada_qc
Reported Region
Québec, Canada
Ticker
MGM

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Pascal Lessard
Resource group id
resource:e2549a67e27b1155067d

Resource Data

Category
indicated
Tonnes
18200000
Grade
1.33
Grade Unit
g/t
Contained Metal
779000
Contained Unit
oz

Prior Estimate

Resource Date
2026-04-24

Metal Equivalent

Assumptions Disclosed
No

Lab

Laboratory
ALS Geochemistry

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-03T00:00:00.000Z

Reasoning: The Douay Indicated Resource provides a moderate grade and significant contained metal, contributing to the overall project value, though it is not new information in this release.

Positive factors

  • Moderate gold grade (1.33 g/t Au) for an indicated resource in an orogenic deposit.
  • Significant contained metal (779,000 oz Au) for an indicated resource.
  • QP signed and NI 43-101 compliant, ensuring high reporting standards.

Negative factors

  • This is a previously announced resource estimate, reducing its novelty.

Evidence · text

“Indicated Mineral Resources estimated at 18.2 Mt at a grade of 1.33 g/t Au (containing 779,000 oz Au)”

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

inferredDouay Gold Project · goldTonnes: 122700000Grade: 0.84Grade Unit: g/tContained Metal: 3310000Contained Unit: oz auView all details
Link to this fact

Identity

Project
Douay Gold Project
Commodity
gold
Region
canada_qc
Reported Region
Québec, Canada
Ticker
MGM

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Pascal Lessard
Resource group id
resource:73cd03253751f47cabf4

Resource Data

Category
inferred
Tonnes
122700000
Grade
0.84
Grade Unit
g/t
Contained Metal
3310000
Contained Unit
oz au

Prior Estimate

Resource Date
2026-04-24

Metal Equivalent

Assumptions Disclosed
No

Lab

Laboratory
ALS Geochemistry

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-03T00:00:00.000Z

Reasoning: The Douay Inferred Resource, despite its lower grade, represents a very large gold endowment, indicating substantial long-term potential that requires further drilling to upgrade confidence.

Positive factors

  • Weak gold grade (0.84 g/t Au) for an inferred resource in an orogenic deposit, but over a very large tonnage.
  • Very large contained metal (3.31 million oz Au) indicates significant long-term potential.
  • QP signed and NI 43-101 compliant, ensuring high reporting standards.

Negative factors

  • Inferred category has lower geological confidence and cannot support economic studies alone.
  • This is a previously announced resource estimate, reducing its novelty.

Evidence · text

“Inferred Mineral Resources estimated at 122.7 Mt at a grade of 0.84 g/t Au (containing 3,305,000 oz Au)”

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

QP/CP Signedpositive

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: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

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.