# MetalCORP; Drilling Campaign Resumes on High Grade Molybdenum \(Mo\) - Rhenium \(Re\) Bearing Quartz Vein; 2nd Drill Rig Added at Big Lake Property, Northern Ontario Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/metalcorp-drilling-campaign-resumes-on-high-grade-molybdenum-mo-rhenium-re-beari--047dc2ec-c368-4ac1-ac6f-b268050d8368 Original source: https://money.tmx.com/en/quote/MTC/news/7293682/metalcorp-drilling-campaign-resumes-on-high-grade-molybdenum-mo-rhenium-re-beari Publisher: tmx Original announcement: 2008-01-17T14:01:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: MetalCORP Limited - Ticker: MTC - Exchange: TSX - Region: Northern Ontario - Primary commodity: Molybdenum - Secondary commodities: Rhenium, Silver - Document categories: Drill results, Other - Extracted: 2026-09-18 11:25:06 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary MetalCORP has resumed its drilling campaign at the Playter Moly Project in Northern Ontario, adding a second drill rig to test a molybdenum-rhenium bearing quartz vein. The company reported high-grade historical intercepts and significant surface grab sample grades, with plans to continue drilling through May 2008. Reasoning: The announcement details the resumption of a drilling program with high-grade molybdenum-rhenium intercepts and the addition of a second rig, though the primary news is the program restart rather than entirely new discovery data. - Positive factor: Resumption of drilling campaign - Positive factor: High grade Mo-Re intercepts reported - Positive factor: Addition of second drill rig - Positive factor: Significant surface grab sample grades Facts used in scoring: 10 ## Classification and evidence **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: Release mentions ALS Chemex Labs for analysis and QP supervision by Aubrey Eveleigh, P.Geo. Evidence · text > Exploration on the Playter Moly Project is carried out under the supervision of Aubrey Eveleigh, P.Geo. \(QP - NI43-101\). MetalCORP samples are sent to ALS Chemex Labs for analysis by ICP-AES. **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: Project is located 20km southwest of the Hemlo gold deposit. Evidence · text > approximately 20km southwest of the Hemlo gold deposit ## Extracted facts Stored fact records: 10. Some facts used in scoring do not have a stored record. ## Drill Results (10) ### hole 4 [Link to this fact](https://atlas-extractions.minestarters.com/news/metalcorp-drilling-campaign-resumes-on-high-grade-molybdenum-mo-rhenium-re-beari--047dc2ec-c368-4ac1-ac6f-b268050d8368#fact-drill-facts-0) Playter Moly · molybdenum #### Identity - Hole ID: hole 4 - Project: Playter Moly - Commodity: molybdenum - Region: canada\_on - Reported Region: canada\_on - Ticker: MTC #### Geometry - Grade: 0.16 - Grade Unit: % - Intercept: 6.2 m #### Classification - Sample Type: drill #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2008-01-17T00:00:00.000Z Reasoning: Reported intercept of 0.16% Mo over 6.2m. - Positive factor: High grade intercept Evidence · text > hole 4 intersecting 0.16% Mo, 1.7 gpt Re and 2.9 gpt Ag over 6.2m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### hole 4 [Link to this fact](https://atlas-extractions.minestarters.com/news/metalcorp-drilling-campaign-resumes-on-high-grade-molybdenum-mo-rhenium-re-beari--047dc2ec-c368-4ac1-ac6f-b268050d8368#fact-drill-facts-1) Playter Moly · rhenium #### Identity - Hole ID: hole 4 - Project: Playter Moly - Commodity: rhenium - Region: canada\_on - Reported Region: canada\_on - Ticker: MTC #### Geometry - Grade: 1.7 - Grade Unit: g/t - Intercept: 6.2 m #### Classification - Sample Type: drill - Group ID: hole 4:null-null #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2008-01-17T00:00:00.000Z Reasoning: Reported intercept of 1.7 gpt Re over 6.2m. - Positive factor: High grade intercept Evidence · text > hole 4 intersecting 0.16% Mo, 1.7 gpt Re and 2.9 gpt Ag over 6.2m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### hole 4 [Link to this fact](https://atlas-extractions.minestarters.com/news/metalcorp-drilling-campaign-resumes-on-high-grade-molybdenum-mo-rhenium-re-beari--047dc2ec-c368-4ac1-ac6f-b268050d8368#fact-drill-facts-2) Playter Moly · silver #### Identity - Hole ID: hole 4 - Project: Playter Moly - Commodity: silver - Region: canada\_on - Reported Region: canada\_on - Ticker: MTC #### Geometry - Grade: 2.9 - Grade Unit: g/t - Intercept: 6.2 m #### Classification - Sample Type: drill - Group ID: hole 4:null-null #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2008-01-17T00:00:00.000Z Reasoning: Reported intercept of 2.9 gpt Ag over 6.2m. - Positive factor: High grade intercept Evidence · text > hole 4 intersecting 0.16% Mo, 1.7 gpt Re and 2.9 gpt Ag over 6.2m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### hole 4 [Link to this fact](https://atlas-extractions.minestarters.com/news/metalcorp-drilling-campaign-resumes-on-high-grade-molybdenum-mo-rhenium-re-beari--047dc2ec-c368-4ac1-ac6f-b268050d8368#fact-drill-facts-3) Playter Moly · molybdenum #### Identity - Hole ID: hole 4 - Project: Playter Moly - Commodity: molybdenum - Region: canada\_on - Reported Region: canada\_on - Ticker: MTC #### Geometry - Grade: 0.11 - Grade Unit: % - Intercept: 12 m #### Classification - Sample Type: drill #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2008-01-17T00:00:00.000Z Reasoning: Reported wider section of 0.11% Mo over 12.0m. - Positive factor: Wide interval Evidence · text > within a wider section yielding 0.11% Mo, 1.1 gpt Re and 1.9 gpt Ag over 12.0m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### hole 4 [Link to this fact](https://atlas-extractions.minestarters.com/news/metalcorp-drilling-campaign-resumes-on-high-grade-molybdenum-mo-rhenium-re-beari--047dc2ec-c368-4ac1-ac6f-b268050d8368#fact-drill-facts-4) Playter Moly · rhenium #### Identity - Hole ID: hole 4 - Project: Playter Moly - Commodity: rhenium - Region: canada\_on - Reported Region: canada\_on - Ticker: MTC #### Geometry - Grade: 1.1 - Grade Unit: g/t - Intercept: 12 m #### Classification - Sample Type: drill - Group ID: hole 4:null-null #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2008-01-17T00:00:00.000Z Reasoning: Reported wider section of 1.1 gpt Re over 12.0m. - Positive factor: Wide interval Evidence · text > within a wider section yielding 0.11% Mo, 1.1 gpt Re and 1.9 gpt Ag over 12.0m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### hole 4 [Link to this fact](https://atlas-extractions.minestarters.com/news/metalcorp-drilling-campaign-resumes-on-high-grade-molybdenum-mo-rhenium-re-beari--047dc2ec-c368-4ac1-ac6f-b268050d8368#fact-drill-facts-5) Playter Moly · silver #### Identity - Hole ID: hole 4 - Project: Playter Moly - Commodity: silver - Region: canada\_on - Reported Region: canada\_on - Ticker: MTC #### Geometry - Grade: 1.9 - Grade Unit: g/t - Intercept: 12 m #### Classification - Sample Type: drill - Group ID: hole 4:null-null #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2008-01-17T00:00:00.000Z Reasoning: Reported wider section of 1.9 gpt Ag over 12.0m. - Positive factor: Wide interval Evidence · text > within a wider section yielding 0.11% Mo, 1.1 gpt Re and 1.9 gpt Ag over 12.0m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 7 [Link to this fact](https://atlas-extractions.minestarters.com/news/metalcorp-drilling-campaign-resumes-on-high-grade-molybdenum-mo-rhenium-re-beari--047dc2ec-c368-4ac1-ac6f-b268050d8368#fact-drill-facts-6) Playter Moly · molybdenum #### Identity - Project: Playter Moly - Commodity: molybdenum - Region: canada\_on - Reported Region: canada\_on - Ticker: MTC #### Geometry - Grade: 5.36 - Grade Unit: % #### Classification - Sample Type: surface #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2008-01-17T00:00:00.000Z Reasoning: Surface grab sample yielding 5.36% Mo. - Positive factor: Exceptional grade Evidence · text > Surface grab samples of the quartz vein have yielded up to 5.36% Mo #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 8 [Link to this fact](https://atlas-extractions.minestarters.com/news/metalcorp-drilling-campaign-resumes-on-high-grade-molybdenum-mo-rhenium-re-beari--047dc2ec-c368-4ac1-ac6f-b268050d8368#fact-drill-facts-7) Playter Moly · rhenium #### Identity - Project: Playter Moly - Commodity: rhenium - Region: canada\_on - Reported Region: canada\_on - Ticker: MTC #### Geometry - Grade: 50 - Grade Unit: g/t #### Classification - Sample Type: surface #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2008-01-17T00:00:00.000Z Reasoning: Surface grab sample yielding >50.0 gpt Re. - Positive factor: Exceptional grade Evidence · text > \(greater than\)50.0 gpt Re #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 9 [Link to this fact](https://atlas-extractions.minestarters.com/news/metalcorp-drilling-campaign-resumes-on-high-grade-molybdenum-mo-rhenium-re-beari--047dc2ec-c368-4ac1-ac6f-b268050d8368#fact-drill-facts-8) Playter Moly · silver #### Identity - Project: Playter Moly - Commodity: silver - Region: canada\_on - Reported Region: canada\_on - Ticker: MTC #### Geometry - Grade: 112 - Grade Unit: g/t #### Classification - Sample Type: surface #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2008-01-17T00:00:00.000Z Reasoning: Surface grab sample yielding 112.0 g/t Ag. - Positive factor: Exceptional grade Evidence · text > 112.0 g/t Ag #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 10 [Link to this fact](https://atlas-extractions.minestarters.com/news/metalcorp-drilling-campaign-resumes-on-high-grade-molybdenum-mo-rhenium-re-beari--047dc2ec-c368-4ac1-ac6f-b268050d8368#fact-drill-facts-9) Playter Moly · molybdenum Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Playter Moly - Commodity: molybdenum - Region: canada\_on - Reported Region: canada\_on - Ticker: MTC #### Geometry - Grade: 0.26 - Grade Unit: % - Intercept: 8.2 m #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 1971-12-31T00:00:00.000Z #### Dates - Event date: 2008-01-17T00:00:00.000Z Reasoning: Historical best intersection of 0.26% Mo over 8.2m from 1969-1971 drilling. - Positive factor: Historical best intersection Evidence · text > the best intersection being 0.26% Mo over 8.2 metres #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.