New Destiny Mining - Drilling Update: Holes TMN24-02 and TMN24-03 at Treasure Mountain Silver Property, Hope BC
Original announcement by tmx on
- Company
- New Destiny Mining Corp.
- Ticker
- NED
- Exchange
- TSX
- Region
- British Columbia
- Primary commodity
- Silver
- Secondary commodities
- Copper
- Document categories
- Drill results
- Extracted
- 2026-09-12 15:29:50 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
New Destiny Mining reported drilling results from holes TMN24-02 and TMN24-03 at the Treasure Mountain project in BC. The holes intersected narrow (8-10 cm) mineralized zones and quartz veins, aiming to test the depth extension of the Railroad copper-silver zone.
Reasoning: The drilling update reports very narrow (cm-scale) intercepts that do not provide significant grade or width, primarily serving to test depth extension near historic workings.
Positive factors
- testing extension of mineralization at depth
Negative factors
- intercepts are very narrow (cm scale)
- historical data not verified by QP
Facts used in scoring: 3
Classification and evidence
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: The release is approved by a Qualified Person (Dr. Mathew Ball, P.Geo.)
Evidence · text
“Dr. Mathew Ball, P.Geo., a Qualified Person as defined by NI 43-101... approved the technical information”
Apparent Width Onlynegative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Why it applies: The intercepts are reported as core length/depth intervals without true width disclosure.
Evidence · text
“cut a 10 cm (core length) quartz vein”
Extracted facts
Stored fact records: 3. Some facts used in scoring do not have a stored record.
Drill Results (3)
TMN24-02Treasure Mountain · silverIntercept: 0.08 mView all detailsHide details
Identity
- Hole ID
- TMN24-02
- Project
- Treasure Mountain
- Commodity
- silver
- Region
- canada_bc
- Reported Region
- canada_bc
- Ticker
- NED
Geometry
- Intercept
- 0.08 m
- From
- 13.95 m
- To
- 15.93 m
- Intercept Depth
- 13.95 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- TMN24-02:13.95-15.93
- Mining Method
- unknown
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2024-08-09T00:00:00.000Z
Reasoning: 8 cm intercept is too narrow to be considered a material mineralized interval.
Negative factors
- extremely narrow width
Evidence · text
“intersected 8 cm of the mineralized zone”
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
TMN24-02Treasure Mountain · copperIntercept: 0.1 mView all detailsHide details
Identity
- Hole ID
- TMN24-02
- Project
- Treasure Mountain
- Commodity
- copper
- Region
- canada_bc
- Reported Region
- canada_bc
- Ticker
- NED
Geometry
- Intercept
- 0.1 m
- From
- 71.9 m
- To
- 72.58 m
- Intercept Depth
- 71.9 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- TMN24-02:71.9-72.58
- Mining Method
- unknown
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2024-08-09T00:00:00.000Z
Reasoning: 10 cm quartz vein is a very narrow intercept.
Negative factors
- extremely narrow width
Evidence · text
“cut a 10 cm (core length) quartz vein with disseminated pyrite from 71.9 to 72.58 m”
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
TMN24-03Treasure Mountain · silverIntercept: 0.24 mView all detailsHide details
Identity
- Hole ID
- TMN24-03
- Project
- Treasure Mountain
- Commodity
- silver
- Region
- canada_bc
- Reported Region
- canada_bc
- Ticker
- NED
Geometry
- Intercept
- 0.24 m
- From
- 30 m
- To
- 30.24 m
- Intercept Depth
- 30 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- TMN24-03:30-30.24
- Mining Method
- unknown
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2024-08-09T00:00:00.000Z
Reasoning: 24 cm intercept is extremely narrow.
Negative factors
- extremely narrow width
Evidence · text
“includes a 10 cm quartz vein with tetrahedrite, magnetite, minor chalcopyrite and disseminated pyrite from 30 to 30.24 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.