New Destiny Mining Drilling Update Hole 8 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, Copper
- Document categories
- Drill results
- Extracted
- 2026-09-12 15:23:45 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
New Destiny Mining provided a drilling update for hole TMN24-08 at the Jim Kelly Gold Zone, reporting visual intersections of silicification and sulfides. While the results suggest an extension of known mineralization, no assay grades were disclosed for the new intervals.
Reasoning: The release reports structural/visual drill updates (silicification and sulfides) but fails to provide any actual assay grades for the new intercepts, making it a low-confidence update.
Positive factors
- extension of mineralization towards the north
- presence of silicified zones and sulfides
Negative factors
- no assay grades reported for the new intercepts
- historical data not verified by QP
Facts used in scoring: 2
Classification and evidence
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: While a QP signed the release, the actual assay protocols and lab results for these specific intervals are not disclosed.
Evidence · text
“no assay grades reported”
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: The target was chosen because previous work identified veins that have historically been mined.
Evidence · text
“This target was chosen as previous work had identified a set of veins that have historically been mined.”
Extracted facts
Stored fact records: 2. Some facts used in scoring do not have a stored record.
Drill Results (2)
TMN24-08Treasure Mountain · goldIntercept: 12.96 mView all detailsHide details
Identity
- Hole ID
- TMN24-08
- Project
- Treasure Mountain
- Commodity
- gold
- Region
- canada_bc
- Reported Region
- canada_bc
- Ticker
- NED
Geometry
- Intercept
- 12.96 m
- From
- 70.24 m
- To
- 83.2 m
- Intercept Depth
- 70.24 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- TMN24-08:70.24-83.2
- Mining Method
- underground
Location
- Location
- Jim Kelly
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- low_confidence
- Historical
- No
Dates
- Event date
- 2024-09-10T00:00:00.000Z
Reasoning: Visual intersection of silicified zone reported without assay grades.
Negative factors
- no assay grades reported
Evidence · text
“intersected a 12.96 meter interval of a highly silicified zone with disseminated pyrite”
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
TMN24-08Treasure Mountain · copperIntercept: 2.7 mView all detailsHide details
Identity
- Hole ID
- TMN24-08
- Project
- Treasure Mountain
- Commodity
- copper
- Region
- canada_bc
- Reported Region
- canada_bc
- Ticker
- NED
Geometry
- Intercept
- 2.7 m
- From
- 66.07 m
- To
- 68.77 m
- Intercept Depth
- 66.07 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- TMN24-08:66.07-68.77
- Mining Method
- underground
Location
- Location
- Jim Kelly
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- low_confidence
- Historical
- No
Dates
- Event date
- 2024-09-10T00:00:00.000Z
Reasoning: Visual intersection of chalcopyrite reported without assay grades.
Negative factors
- no assay grades reported
Evidence · text
“intersected from 66.07 to 68.77 m a zone with disseminated pyrite, pyrrhotite, and chalcopyrite”
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.