# Miranda Gold's Coal Canyon Project Added to the Red Hill Exploration Funding Agreement Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/miranda-gold-s-coal-canyon-project-added-to-the-red-hill-exploration-funding-agr--b5985f68-7bda-4aae-9825-e4917d3d9a3e Original source: https://money.tmx.com/en/quote/NUG/news/35649079/miranda-gold-s-coal-canyon-project-added-to-the-red-hill-exploration-funding-agr Publisher: tmx Original announcement: 2011-01-05T13:02:32.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: NuLegacy Gold Corporation - Ticker: NUG - Exchange: TSX - Region: Nevada - Primary commodity: Gold - Secondary commodities: Arsenic, Antimony - Document categories: Drill results, Agreement transaction - Extracted: 2026-09-16 15:20:01 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary NuLegacy Gold Corporation has amended its exploration funding agreement with Miranda Gold Corp to include the Coal Canyon project. The amendment increases the total exploration expenditure commitment to US$5.5 million over four years and includes a commitment to drill three 1,500 ft holes on Coal Canyon by the end of 2013. Reasoning: The amendment expands the existing exploration agreement to include the Coal Canyon project, increasing the total spend commitment to US$5.5 million and adding a specific drilling requirement. - Positive factor: Expansion of exploration funding agreement - Positive factor: Increased earn-in commitment - Positive factor: District-scale consolidation - Positive factor: Proximity to high-grade Cortez Hills deposit Facts used in scoring: 3 ## Classification and evidence **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: Project is located 10 mi south of Barrick's Cortez Hills gold deposit \(+13 M oz\). Evidence · text > The property is 10 mi \(16 km\) south of Barrick's Cortez Hills gold deposit \(+13 M oz\) **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 \(Ken Cunningham, P.Geo\). Evidence · text > verified by President & CEO Ken Cunningham, P.Geo, MSc. Geology and Qualified Person ## Extracted facts Stored fact records: 2. Some facts used in scoring do not have a stored record. ## Drill Results (2) ### MCC-4 [Link to this fact](https://atlas-extractions.minestarters.com/news/miranda-gold-s-coal-canyon-project-added-to-the-red-hill-exploration-funding-agr--b5985f68-7bda-4aae-9825-e4917d3d9a3e#fact-drill-facts-1) Coal Canyon · gold #### Identity - Hole ID: MCC-4 - Project: Coal Canyon - Commodity: gold - Region: usa\_nv - Reported Region: usa\_nv - Ticker: NUG #### Geometry - Grade: 0.392 - Grade Unit: g/t - Intercept: 3 m - From: 298.8 m - To: 301.8 m - Intercept Depth: 298.8 m #### Classification - Sample Type: drill - Group ID: MCC-4:298.8-301.8 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2011-01-05T00:00:00.000Z Reasoning: Historical intercept reported for context; grades are very low. Evidence · text > drill hole MCC-4 which intersected 10 ft of 0.011 oz Au/t from 980 to 990 ft \(3.0 m of 0.392 g Au/t from 298.8 to 301.8 m\) #### 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 ### MCC-4 [Link to this fact](https://atlas-extractions.minestarters.com/news/miranda-gold-s-coal-canyon-project-added-to-the-red-hill-exploration-funding-agr--b5985f68-7bda-4aae-9825-e4917d3d9a3e#fact-drill-facts-2) Coal Canyon · gold #### Identity - Hole ID: MCC-4 - Project: Coal Canyon - Commodity: gold - Region: usa\_nv - Reported Region: usa\_nv - Ticker: NUG #### Geometry - Grade: 0.14 - Grade Unit: g/t - Intercept: 70.1 m - From: 295.7 m - To: 365.8 m - Intercept Depth: 295.7 m #### Classification - Sample Type: drill - Group ID: MCC-4:295.7-365.8 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2011-01-05T00:00:00.000Z Reasoning: Historical intercept reported for context; grades are very low. Evidence · text > returned 230 ft of 0.004 oz Au/t from 970 to 1,200 ft \(70.1 m of 0.140 g Au/t from 295.7 to 365.8 m\) #### 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 ## 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.