# Miranda Gold and Navaho Gold Sign Definitive Exploration Funding Agreement for Taz Project

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/miranda-gold-and-navaho-gold-sign-definitive-exploration-funding-agreement-for-t--e568b6bd-f660-4bcb-94b5-82b25c2b1fad

Original source: https://money.tmx.com/en/quote/NUG/news/36655989/miranda-gold-and-navaho-gold-sign-definitive-exploration-funding-agreement-for-t

Publisher: tmx

Original announcement: 2011-02-17T14:32:56.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Miranda Gold Corp.

- Ticker: MAD

- Exchange: TSX

- Region: Nevada

- Primary commodity: Gold

- Secondary commodities: Arsenic, Antimony, Mercury

- Document categories: Drill results, Agreement transaction

- Extracted: 2026-09-16 15:22:36 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Miranda Gold Corp. has signed a definitive exploration and option agreement with Navaho Gold Ltd. for the Taz gold project in Nevada. Navaho is committed to US$3,000,000 in initial exploration spending and holds an option to earn a 75% interest in the project.

Reasoning: The signing of a definitive JV/option agreement with significant funding commitments \(US$3M initial, US$10M option\) provides clear capital for the Taz project exploration.

- Positive factor: Definitive exploration funding agreement signed

- Positive factor: Navaho Gold to commit US$3,000,000 in exploration expenditures

- Positive factor: Option to earn 75% interest via feasibility study or additional spend

- Positive factor: Targeting Carlin-style gold mineralization in a favorable host

Facts used in scoring: 2

## 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 includes sign-off by a Qualified Person \(Ken Cunningham, P.G.\)

Evidence · text

> verified by President &amp; CEO Ken Cunningham, P.G., BSc. Geology and Qualified Person as defined by National Instrument 43-101

**Deleterious Elements Present**

Polarity: negative

Definition: A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: Elevated Carlin-style geochemistry \(arsenic, antimony, mercury\) noted

Evidence · text

> elevated Carlin-style geochemistry \(1600 ppm arsenic, 185 ppm antimony and 9.6 ppm mercury\)

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: Project is located within the Battle Mountain-Eureka gold trend

Evidence · text

> Miranda's TAZ project is located within the Battle Mountain-Eureka gold trend

## Extracted facts

Stored fact records: 2. Some facts used in scoring do not have a stored record.

## Drill Results (2)

### VC96-8

[Link to this fact](https://atlas-extractions.minestarters.com/news/miranda-gold-and-navaho-gold-sign-definitive-exploration-funding-agreement-for-t--e568b6bd-f660-4bcb-94b5-82b25c2b1fad#fact-drill-facts-0)

TAZ · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: VC96-8
- Project: TAZ
- Commodity: gold
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: MAD

#### Geometry

- Grade: 1.44
- Grade Unit: g Au/t
- Intercept: 21.3 m
- From: 65.5 m
- To: 86.9 m
- Intercept Depth: 65.5 m

#### Classification

- Sample Type: drill
- Group ID: VC96-8:65.5-86.9

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2011-02-17T00:00:00.000Z

Reasoning: Historical intercept reported for context; provides baseline for target offset.

Evidence · text

> 21.3m of 1.44 g Au/t from 65.5to 86.9 m

#### 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

### VC96-8

[Link to this fact](https://atlas-extractions.minestarters.com/news/miranda-gold-and-navaho-gold-sign-definitive-exploration-funding-agreement-for-t--e568b6bd-f660-4bcb-94b5-82b25c2b1fad#fact-drill-facts-1)

TAZ · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: VC96-8
- Project: TAZ
- Commodity: gold
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: MAD

#### Geometry

- Grade: 0.86
- Grade Unit: g Au/t
- Intercept: 41.2 m
- From: 65.5 m
- To: 106.7 m
- Intercept Depth: 65.5 m

#### Classification

- Sample Type: drill
- Group ID: VC96-8:65.5-106.7

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2011-02-17T00:00:00.000Z

Reasoning: Historical intercept reported for context.

Evidence · text

> within 41.2 m of 0.86 g Au/t from 65.5 - 106.7 m

#### 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.
