New Destiny Mining Drilling Holes 10 and 11 at the Jim Kelly Gold Zone - Treasure Mountain Silver Project, Hope BC

Original announcement by tmx on

Company
New Destiny Mining Corp.
Ticker
NED
Exchange
TSX
Region
British Columbia
Primary commodity
Gold
Secondary commodities
Silver
Document categories
Drill results, Other
Extracted
2026-09-12 15:24:39 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

New Destiny Mining completed drilling at the Jim Kelly gold zone of the Treasure Mountain project. Hole TMN24-10 intersected an extension of the mineralized zone, while TMN24-11 identified a potential deeper parallel zone; however, assay results are still pending.

Reasoning: The release reports structural intersections that extend the known mineralized zone, but lacks actual assay grades to confirm economic potential.

Positive factors

  • extension of Jim Kelly mineralized zone along strike
  • identification of potential deeper parallel mineralized zone

Negative factors

  • no assay results reported yet
  • TMN24-11 did not intersect the primary target

Facts used in scoring: 2

Classification and evidence

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: TMN24-10 is described as an extension of the Jim Kelly mineralized zone along strike.

Evidence · text

“this intercept is an extension of the Jim Kelly mineralized zone along strike”

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: The release does not disclose specific QA/QC protocols or lab certification for these new holes.

Evidence · text

“Core samples are now being prepared to be submitted to the lab for assaying.”

Extracted facts

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

Drill Results (2)

TMN24-10Treasure Mountain · goldIntercept: 1.7 mView all details
Link to this fact

Identity

Hole ID
TMN24-10
Project
Treasure Mountain
Commodity
gold
Region
canada_bc
Reported Region
canada_bc
Ticker
NED

Geometry

Intercept
1.7 m
From
78.7 m
To
80.4 m
Intercept Depth
78.7 m

Classification

Program
exploration
Sample Type
drill
Group ID
TMN24-10:78.7-80.4

Location

Location
Jim Kelly
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-09-25T00:00:00.000Z

Reasoning: Structural intersection confirms extension of the zone, but grade is unknown.

Positive factors

  • extension of Jim Kelly mineralized zone along strike

Negative factors

  • assays pending

Evidence · text

“Hole TMN24-10 intersected an interval of brecciated rock... from 78.7 to 80.4 meters depth”

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

TMN24-11Treasure Mountain · goldIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
TMN24-11
Project
Treasure Mountain
Commodity
gold
Region
canada_bc
Reported Region
canada_bc
Ticker
NED

Geometry

Intercept
0.5 m
From
135.9 m
To
136.4 m
Intercept Depth
135.9 m

Classification

Program
exploration
Sample Type
drill
Group ID
TMN24-11:135.9-136.4

Location

Location
Jim Kelly
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-09-25T00:00:00.000Z

Reasoning: Identified a new potential zone, but primary target was missed and grade is unknown.

Positive factors

  • interpreted as a deeper parallel mineralized zone

Negative factors

  • did not intersect the projected Jim Kelly mineralized zone
  • assays pending

Evidence · text

“Hole TMN24-11 did not intersect the projected Jim Kelly mineralized zone but intersected a chlorite altered gabbro... from 135.9 to 136.4 m depth”

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.