# New Destiny Mining Drilling Update Hole 8 at the Jim Kelly Gold Zone - Treasure Mountain Silver Project, Hope BC

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/new-destiny-mining-drilling-update-hole-8-at-the-jim-kelly-gold-zone-treasure-mo--179250a7-2199-433e-ad6c-13353ce241f9

Original source: https://money.tmx.com/en/quote/NED/news/7425678025602679/new-destiny-mining-drilling-update-hole-8-at-the-jim-kelly-gold-zone-treasure-mo

Publisher: tmx

Original announcement: 2024-09-10T13:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- 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

Narrative sentiment: 0.20 · Bullish

## Minestarters Atlas 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 factor: extension of mineralization towards the north

- Positive factor: presence of silicified zones and sulfides

- Negative factor: no assay grades reported for the new intercepts

- Negative factor: historical data not verified by QP

Facts used in scoring: 2

## Classification and evidence

**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: 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 Play**

Polarity: neutral

Definition: 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)

### TMN24-08

[Link to this fact](https://atlas-extractions.minestarters.com/news/new-destiny-mining-drilling-update-hole-8-at-the-jim-kelly-gold-zone-treasure-mo--179250a7-2199-433e-ad6c-13353ce241f9#fact-drill-facts-0)

Treasure Mountain · gold

#### 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 factor: 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 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

### TMN24-08

[Link to this fact](https://atlas-extractions.minestarters.com/news/new-destiny-mining-drilling-update-hole-8-at-the-jim-kelly-gold-zone-treasure-mo--179250a7-2199-433e-ad6c-13353ce241f9#fact-drill-facts-1)

Treasure Mountain · copper

#### 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 factor: 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 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.
