New Destiny Mining - Drilling Update: Holes TMN24-04 and TMN24-05 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
- Copper
- Secondary commodities
- Silver
- Document categories
- Drill results
- Extracted
- 2026-09-12 15:28:03 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
New Destiny Mining reports drilling updates from holes TMN24-04 and TMN24-05 at the Treasure Mountain project. The results indicate a potential strike extension of the Railroad copper-silver zone, though no specific assay grades were disclosed in this release.
Reasoning: The update reports structural extensions of the Railroad zone but fails to provide assay grades for the intersected intervals, making it a purely geological/structural update.
Positive factors
- extension of mineralized zone along strike
- testing of regional magnetic anomaly
Negative factors
- no grades reported for intercepts
- true width not known
Facts used in scoring: 2
Classification and evidence
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: The intersection is interpreted as an extension of the Railroad mineralized zone along strike to the south.
Evidence · text
“this intersection is interpreted as an extension of the Railroad mineralized zone along strike to the south”
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 true width of the mineralized zone is explicitly stated as not known.
Evidence · text
“The true width of the mineralized zone is not known”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: The release includes a sign-off 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”
Extracted facts
Stored fact records: 2. Some facts used in scoring do not have a stored record.
Drill Results (2)
TMN24-04Treasure Mountain · copperIntercept: 0.56 mView all detailsHide details
Identity
- Hole ID
- TMN24-04
- Project
- Treasure Mountain
- Commodity
- copper
- Region
- canada_bc
- Reported Region
- canada_bc
- Ticker
- NED
Geometry
- Intercept
- 0.56 m
- From
- 13.61 m
- To
- 14.17 m
- Intercept Depth
- 13.61 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- TMN24-04:13.61-14.17
Location
- Location
- Railroad zone
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2024-08-13T00:00:00.000Z
Reasoning: Structural intersection suggests extension but lacks economic grade data.
Positive factors
- interpreted as an extension of the Railroad mineralized zone along strike to the south
Negative factors
- no grade reported
- true width not known
Evidence · text
“TMN24-04 intersected an altered and banded volcanic unit from 13.61 to 14.17 meters depth (0.56 meters core length)”
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
TMN24-05Treasure Mountain · copperIntercept: 6.09 mView all detailsHide details
Identity
- Hole ID
- TMN24-05
- Project
- Treasure Mountain
- Commodity
- copper
- Region
- canada_bc
- Reported Region
- canada_bc
- Ticker
- NED
Geometry
- Intercept
- 6.09 m
- From
- 34.66 m
- To
- 40.75 m
- Intercept Depth
- 34.66 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- TMN24-05:34.66-40.75
Location
- Location
- Railroad zone
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2024-08-13T00:00:00.000Z
Reasoning: Intersection of altered porphyritic intrusive rock noted, but no assay values provided.
Negative factors
- no grade reported
Evidence · text
“intersected (from 34.66 to 40.75 m) a zone of white to pale green quartz-sericite altered porphyritic intrusive rock”
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.