Miranda Gold Announces Exploration Results from Pavo Real

Original announcement by tmx on

Company
Miranda Gold Corp.
Ticker
MAD
Exchange
TSX
Region
Colombia
Primary commodity
Gold
Secondary commodities
Copper, Silver
Document categories
Drill results, Other
Extracted
2026-09-16 15:23:02 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Miranda Gold reports positive exploration results from the Pavo Real project in Colombia, driven by mapping and sampling. The work identified four new anomalous areas, including high-grade gold (up to 45.7 g/t) and copper-gold skarn mineralization, while expanding the total project area to 48.9 sq km.

Reasoning: The announcement reports significant exploration progress through mapping and sampling, identifying multiple new high-grade gold and copper-gold skarn targets, and expanding the project footprint.

Positive factors

  • Identification of four new anomalous areas
  • High-grade rock chip assays (up to 45.7 g/t Au)
  • Expansion of project area to 48.9 sq km
  • Presence of copper-gold skarn mineralization

Facts used in scoring: 7

Classification and evidence

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: Identification of four new areas of mineralization northeast of the main project area.

Evidence · text

“identified four new areas that show copper-gold skarn mineralization to the northeast of the main Pavo Real project area”

QA/QC Disclosedpositive

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

Why it applies: The release includes sign-off by a Qualified Person (Ken Cunningham, PG, MSc).

Evidence · text

“The data disclosed in this press release have been reviewed and verified by President & CEO Ken Cunningham, PG, MSc. Geology and Qualified Person”

Nearology Playneutral

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

Why it applies: Mentions proximity to AngloGold Ashanti's La Colosa discovery.

Evidence · text

“45 km southeast of AngloGold Ashanti's La Colosa discovery”

Extracted facts

Stored fact records: 7. Some facts used in scoring do not have a stored record.

Drill Results (7)

Fact 1goldGrade: 26.6Grade Unit: g/tView all details
Link to this fact

Identity

Commodity
gold
Region
colombia
Reported Region
colombia
Ticker
MAD

Geometry

Grade
26.6
Grade Unit
g/t

Classification

Sample Type
surface

Location

Location
El Sapo mine
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2011-02-14T00:00:00.000Z

Reasoning: High grade rock chip sample reported at El Sapo mine.

Positive factors

  • High grade intercept

Evidence · text

“five rock chip samples yielded assays between 0.11 g Au/t and 26.6 g Au/t”

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

Fact 2silverGrade: 4250Grade Unit: g/tView all details
Link to this fact

Identity

Commodity
silver
Region
colombia
Reported Region
colombia
Ticker
MAD

Geometry

Grade
4250
Grade Unit
g/t

Classification

Sample Type
surface

Location

Location
El Sapo mine
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2011-02-14T00:00:00.000Z

Reasoning: High silver values reported in rock chip samples.

Evidence · text

“Silver values ranged from 0.42 g Ag/t to 4,250 g Ag/t”

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

Fact 3copperGrade: 13Grade Unit: %View all details
Link to this fact

Identity

Commodity
copper
Region
colombia
Reported Region
colombia
Ticker
MAD

Geometry

Grade
13
Grade Unit
%

Classification

Sample Type
surface

Location

Location
El Sapo mine
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2011-02-14T00:00:00.000Z

Reasoning: Significant copper values reported in rock chip samples.

Positive factors

  • High copper grade

Evidence · text

“copper values ranged from 0.43% to 13%”

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

Fact 4goldGrade: 37.2Grade Unit: g/tView all details
Link to this fact

Identity

Commodity
gold
Region
colombia
Reported Region
colombia
Ticker
MAD

Geometry

Grade
37.2
Grade Unit
g/t

Classification

Sample Type
surface

Location

Location
Santa Barbara mine area
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2011-02-14T00:00:00.000Z

Reasoning: High grade gold assays reported near Santa Barbara mine.

Positive factors

  • High grade intercept

Evidence · text

“29 rock samples returned gold assays ranging from 0.01 g Au/t to 37.2 g Au/t”

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

Fact 5goldGrade: 45.7Grade Unit: g/tView all details
Link to this fact

Identity

Commodity
gold
Region
colombia
Reported Region
colombia
Ticker
MAD

Geometry

Grade
45.7
Grade Unit
g/t

Classification

Sample Type
surface

Location

Location
Quebrada Corosal
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2011-02-14T00:00:00.000Z

Reasoning: Very high grade gold assay reported in Quebrada Corosal.

Positive factors

  • Bonanza grade intercept

Evidence · text

“Assays vary from below detection levels to a high of 45.7 g Au/t”

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

Fact 6goldGrade: 1.29Grade Unit: g/tView all details
Link to this fact

Identity

Commodity
gold
Region
colombia
Reported Region
colombia
Ticker
MAD

Geometry

Grade
1.29
Grade Unit
g/t

Classification

Sample Type
surface

Location

Location
Quebrada Corosal
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2011-02-14T00:00:00.000Z

Reasoning: Average grade for the Quebrada Corosal area.

Evidence · text

“average 1.29 g Au/t”

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

Fact 7goldGrade: 9.8Grade Unit: g/tView all details
Link to this fact

Identity

Commodity
gold
Region
colombia
Reported Region
colombia
Ticker
MAD

Geometry

Grade
9.8
Grade Unit
g/t

Classification

Sample Type
surface

Location

Location
Quebrada Virgen drainage
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2011-02-14T00:00:00.000Z

Reasoning: Gold assays reported in Quebrada Virgen drainage.

Evidence · text

“38 rock samples range from below detection limits to 9.80 g Au/t”

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.