Nexus Gold Reports Initial Assay Results from December Drilling at the Mckenzie Gold Project, Red Lake, Ontario

Original announcement by tmx on

Company
Nexus Gold Corp.
Ticker
NXS
Exchange
TSX
Region
Ontario
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Drill results
Extracted
2026-09-16 15:19:19 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Nexus Gold reported initial assay results from its December 2021 diamond drilling program at the McKenzie Gold Project in Red Lake, Ontario. Hole MK-21-024 returned 2.19 g/t Au over 22 meters, including high-grade intercepts of 24.5 g/t Au over 1.5m and 21 g/t Au over 1m. The program successfully extended the strike length of the mineralized zone to over 450 meters, with additional assays pending for the remaining four holes.

Reasoning: Nexus Gold reported strong initial drill results from its McKenzie Gold Project, featuring bonanza-grade intercepts and significant strike extension, indicating successful exploration. The QA/QC disclosure adds credibility to the results.

Positive factors

  • High-grade gold intercepts reported, including 24.5 g/t Au over 1.5m and 21 g/t Au over 1m.
  • Drilling successfully extended the strike length of the mineralized zone to over 450 meters.
  • QA/QC procedures are disclosed, including use of an accredited lab, standards, blanks, and duplicates, with QP sign-off.

Negative factors

  • Reported lengths are intercepts and not true widths, which may overstate true thickness.

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 21

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 details QA/QC procedures including certified lab, standards, blanks, duplicates, and QP sign-off.

Evidence · text

“All samples are analyzed for gold using standard Fire Assay-AA techniques. Certified gold reference standards, blanks and field duplicates are routinely inserted into the sample stream, as part of Nexus’s quality control/quality assurance program (QA/QC). ... Warren Robb P.Geo., Vice President, Exploration, is the designated Qualified Person and has reviewed and approved the technical information contained in this release.”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The drilling successfully expanded the strike length of the mineralized zone to over 450 meters.

Evidence · text

“Drilling successfully extends strike length over 400 meters ... With the mineralization encountered in holes MK-21-027 and MK-21-030, extension of the strike of the gold bearing zone now extends over 450 meters in length.”

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 document explicitly states that reported lengths are intercepts and not true widths.

Evidence · text

“* Reported lengths are intercepts and are not true widths”

Extracted facts

Stored fact records: 21. Some facts used in scoring do not have a stored record.

Drill Results (21)

MK-21-024McKenzie · goldGrade: 2.19Grade Unit: g/tIntercept: 22 mView all details
Link to this fact

Identity

Hole ID
MK-21-024
Project
McKenzie
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
NXS

Geometry

Grade
2.19
Grade Unit
g/t
Intercept
22 m
From
54 m
To
76 m
Intercept Depth
54 m

Classification

Program
exploration
Sample Type
drill
Group ID
MK-21-024:54-76
Mining Method
unknown

Location

Easting
437725
Northing
5652960
Elevation
360 m
Azimuth
300 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2022-02-09T00:00:00.000Z

Reasoning: This intercept represents a significant width of gold mineralization, contributing to the overall positive results of the drilling program.

Positive factors

  • Good grade-width product (48.18 g/t·m) for a broader intercept.
  • Part of a program that extended the mineralized strike length.

Negative factors

  • True width not reported.

Evidence · table

“2.19”

Context: 22

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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

MK-21-024McKenzie · goldGrade: 21Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
MK-21-024
Project
McKenzie
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
NXS

Geometry

Grade
21
Grade Unit
g/t
Intercept
1 m
From
65 m
To
66 m
Intercept Depth
65 m

Classification

Program
exploration
Sample Type
drill
Group ID
MK-21-024:65-66
Mining Method
unknown

Location

Easting
437725
Northing
5652960
Elevation
360 m
Azimuth
300 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2022-02-09T00:00:00.000Z

Reasoning: This is a bonanza-grade intercept, significantly enhancing the overall prospectivity of the drill hole and project.

Positive factors

  • Exceptional high-grade gold intercept (21 g/t Au) over 1 meter.
  • Indicates the presence of bonanza-grade mineralization within the broader zone.

Negative factors

  • True width not reported.

Evidence · table

“21.00”

Context: 1

Tags used in scoring

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: The grade of 21 g/t Au over 1m is well above the exceptional threshold for gold (default underground threshold is 15 g/t).

Evidence · table

“21.00”

Context: 1

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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

MK-21-024McKenzie · goldGrade: 24.5Grade Unit: g/tIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
MK-21-024
Project
McKenzie
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
NXS

Geometry

Grade
24.5
Grade Unit
g/t
Intercept
1.5 m
From
70.5 m
To
72 m
Intercept Depth
70.5 m

Classification

Program
exploration
Sample Type
drill
Group ID
MK-21-024:70.5-72
Mining Method
unknown

Location

Easting
437725
Northing
5652960
Elevation
360 m
Azimuth
300 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2022-02-09T00:00:00.000Z

Reasoning: This is a bonanza-grade intercept, representing a very high-value zone within the drill hole and significantly boosting the project's prospectivity.

Positive factors

  • Exceptional high-grade gold intercept (24.5 g/t Au) over 1.5 meters.
  • Strong grade-width product (36.75 g/t·m) for a narrow, high-grade zone.

Negative factors

  • True width not reported.

Evidence · table

“24.50”

Context: 1.5

Tags used in scoring

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: The grade of 24.5 g/t Au over 1.5m is well above the exceptional threshold for gold (default underground threshold is 15 g/t).

Evidence · table

“24.50”

Context: 1.5

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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

MK-21-027McKenzie · goldGrade: 1.64Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
MK-21-027
Project
McKenzie
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
NXS

Geometry

Grade
1.64
Grade Unit
g/t
Intercept
1 m
From
13 m
To
14 m
Intercept Depth
13 m

Classification

Program
exploration
Sample Type
drill
Group ID
MK-21-027:13-14
Mining Method
unknown

Location

Easting
437718
Northing
5652792
Elevation
360 m
Azimuth
195 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2022-02-09T00:00:00.000Z

Reasoning: A narrow, moderate-grade intercept that indicates shallow mineralization but is not individually material.

Positive factors

  • Confirms gold mineralization at shallow depth.

Negative factors

  • Narrow width and moderate grade.

Evidence · table

“1.64”

Context: 1

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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

MK-21-027McKenzie · goldGrade: 2.54Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
MK-21-027
Project
McKenzie
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
NXS

Geometry

Grade
2.54
Grade Unit
g/t
Intercept
1 m
From
234 m
To
235 m
Intercept Depth
234 m

Classification

Program
exploration
Sample Type
drill
Group ID
MK-21-027:234-235
Mining Method
unknown

Location

Easting
437718
Northing
5652792
Elevation
360 m
Azimuth
195 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2022-02-09T00:00:00.000Z

Reasoning: A narrow, moderate-grade intercept that indicates mineralization at depth but is not individually material.

Positive factors

  • Confirms gold mineralization at depth.

Negative factors

  • Narrow width and moderate grade.

Evidence · table

“2.54”

Context: 1

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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

MK-21-027McKenzie · goldGrade: 0.59Grade Unit: g/tIntercept: 23 mView all details
Link to this fact

Identity

Hole ID
MK-21-027
Project
McKenzie
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
NXS

Geometry

Grade
0.59
Grade Unit
g/t
Intercept
23 m
From
247 m
To
270 m
Intercept Depth
247 m

Classification

Program
exploration
Sample Type
drill
Group ID
MK-21-027:247-270
Mining Method
unknown

Location

Easting
437718
Northing
5652792
Elevation
360 m
Azimuth
195 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2022-02-09T00:00:00.000Z

Reasoning: A wide intercept of lower-grade gold mineralization, indicating bulk tonnage potential and contributing to the overall positive results of the program.

Positive factors

  • Significant width of gold mineralization (23m).
  • Contributes to the overall strike extension of the mineralized zone.

Negative factors

  • Lower grade for the width.
  • True width not reported.

Evidence · table

“0.59”

Context: 23

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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

MK-21-027McKenzie · goldGrade: 2.76Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
MK-21-027
Project
McKenzie
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
NXS

Geometry

Grade
2.76
Grade Unit
g/t
Intercept
1 m
From
234 m
To
265 m
Intercept Depth
234 m

Classification

Program
exploration
Sample Type
drill
Group ID
MK-21-027:234-265
Mining Method
unknown

Location

Easting
437718
Northing
5652792
Elevation
360 m
Azimuth
195 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2022-02-09T00:00:00.000Z

Reasoning: A narrow, moderate-grade intercept that is part of a broader mineralized zone, but with some ambiguity in its reported interval.

Positive factors

  • Higher-grade intercept within a broader zone.

Negative factors

  • Narrow width.
  • Inconsistent length and depth reporting in the source table reduces confidence in exact interval location.

Evidence · table

“2.76”

Context: 1

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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

MK-21-027McKenzie · goldGrade: 6.31Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
MK-21-027
Project
McKenzie
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
NXS

Geometry

Grade
6.31
Grade Unit
g/t
Intercept
1 m
From
269 m
To
270 m
Intercept Depth
269 m

Classification

Program
exploration
Sample Type
drill
Group ID
MK-21-027:269-270
Mining Method
unknown

Location

Easting
437718
Northing
5652792
Elevation
360 m
Azimuth
195 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2022-02-09T00:00:00.000Z

Reasoning: A significant high-grade intercept that enhances the overall prospectivity of the drill hole and project.

Positive factors

  • Strong high-grade gold intercept (6.31 g/t Au) over 1 meter.
  • Indicates higher-grade zones within the broader mineralization.

Negative factors

  • Narrow width.

Evidence · table

“6.31”

Context: 1

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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

MK-21-030McKenzie · goldGrade: 0.52Grade Unit: g/tIntercept: 25 mView all details
Link to this fact

Identity

Hole ID
MK-21-030
Project
McKenzie
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
NXS

Geometry

Grade
0.52
Grade Unit
g/t
Intercept
25 m
From
75 m
To
100 m
Intercept Depth
75 m

Classification

Program
exploration
Sample Type
drill
Group ID
MK-21-030:75-100
Mining Method
unknown

Location

Easting
437725
Northing
5652342
Elevation
380 m
Azimuth
350 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2022-02-09T00:00:00.000Z

Reasoning: A wide intercept of lower-grade gold mineralization, indicating bulk tonnage potential and contributing to the overall positive results of the program.

Positive factors

  • Significant width of gold mineralization (25m).
  • Contributes to the overall strike extension of the mineralized zone.

Negative factors

  • Lower grade for the width.
  • True width not reported.

Evidence · table

“0.52”

Context: 25

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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

MK-21-030McKenzie · goldGrade: 1.84Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
MK-21-030
Project
McKenzie
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
NXS

Geometry

Grade
1.84
Grade Unit
g/t
Intercept
1 m
From
76 m
To
77 m
Intercept Depth
76 m

Classification

Program
exploration
Sample Type
drill
Group ID
MK-21-030:76-77
Mining Method
unknown

Location

Easting
437725
Northing
5652342
Elevation
380 m
Azimuth
350 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2022-02-09T00:00:00.000Z

Reasoning: A narrow, moderate-grade intercept that is part of a broader mineralized zone.

Positive factors

  • Confirms gold mineralization within a broader zone.

Negative factors

  • Narrow width and moderate grade.

Evidence · table

“1.84”

Context: 1

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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

MK-21-030McKenzie · goldGrade: 1.14Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
MK-21-030
Project
McKenzie
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
NXS

Geometry

Grade
1.14
Grade Unit
g/t
Intercept
1 m
From
90 m
To
91 m
Intercept Depth
90 m

Classification

Program
exploration
Sample Type
drill
Group ID
MK-21-030:90-91
Mining Method
unknown

Location

Easting
437725
Northing
5652342
Elevation
380 m
Azimuth
350 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2022-02-09T00:00:00.000Z

Reasoning: A narrow, low-grade intercept that is part of a broader mineralized zone.

Positive factors

  • Confirms gold mineralization within a broader zone.

Negative factors

  • Narrow width and low grade.

Evidence · table

“1.14”

Context: 1

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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

MK-21-030McKenzie · goldGrade: 1.41Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
MK-21-030
Project
McKenzie
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
NXS

Geometry

Grade
1.41
Grade Unit
g/t
Intercept
3 m
From
97 m
To
100 m
Intercept Depth
97 m

Classification

Program
exploration
Sample Type
drill
Group ID
MK-21-030:97-100
Mining Method
unknown

Location

Easting
437725
Northing
5652342
Elevation
380 m
Azimuth
350 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2022-02-09T00:00:00.000Z

Reasoning: A narrow, moderate-grade intercept that is part of a broader mineralized zone.

Positive factors

  • Confirms gold mineralization within a broader zone.

Negative factors

  • Narrow width and moderate grade.

Evidence · table

“1.41”

Context: 3

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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

MK-21-030McKenzie · goldGrade: 0.58Grade Unit: g/tIntercept: 10 mView all details
Link to this fact

Identity

Hole ID
MK-21-030
Project
McKenzie
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
NXS

Geometry

Grade
0.58
Grade Unit
g/t
Intercept
10 m
From
107 m
To
117 m
Intercept Depth
107 m

Classification

Program
exploration
Sample Type
drill
Group ID
MK-21-030:107-117
Mining Method
unknown

Location

Easting
437725
Northing
5652342
Elevation
380 m
Azimuth
350 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2022-02-09T00:00:00.000Z

Reasoning: A moderate-width intercept of lower-grade gold mineralization, contributing to the overall mineralized footprint.

Positive factors

  • Moderate width of gold mineralization (10m).

Negative factors

  • Lower grade for the width.
  • True width not reported.

Evidence · table

“0.58”

Context: 10

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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

MK-21-030McKenzie · goldGrade: 3.57Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
MK-21-030
Project
McKenzie
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
NXS

Geometry

Grade
3.57
Grade Unit
g/t
Intercept
1 m
From
111 m
To
112 m
Intercept Depth
111 m

Classification

Program
exploration
Sample Type
drill
Group ID
MK-21-030:111-112
Mining Method
unknown

Location

Easting
437725
Northing
5652342
Elevation
380 m
Azimuth
350 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2022-02-09T00:00:00.000Z

Reasoning: A narrow, higher-grade intercept that indicates localized enrichment within a broader mineralized zone.

Positive factors

  • Higher-grade intercept within a broader zone.

Negative factors

  • Narrow width.

Evidence · table

“3.57”

Context: 1

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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

MK-21-030McKenzie · goldGrade: 1.75Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
MK-21-030
Project
McKenzie
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
NXS

Geometry

Grade
1.75
Grade Unit
g/t
Intercept
1 m
From
135 m
To
136 m
Intercept Depth
135 m

Classification

Program
exploration
Sample Type
drill
Group ID
MK-21-030:135-136
Mining Method
unknown

Location

Easting
437725
Northing
5652342
Elevation
380 m
Azimuth
350 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2022-02-09T00:00:00.000Z

Reasoning: A narrow, moderate-grade intercept that confirms mineralization.

Positive factors

  • Confirms gold mineralization.

Negative factors

  • Narrow width and moderate grade.

Evidence · table

“1.75”

Context: 1

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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

MK-21-030McKenzie · goldGrade: 1.12Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
MK-21-030
Project
McKenzie
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
NXS

Geometry

Grade
1.12
Grade Unit
g/t
Intercept
1 m
From
153 m
To
154 m
Intercept Depth
153 m

Classification

Program
exploration
Sample Type
drill
Group ID
MK-21-030:153-154
Mining Method
unknown

Location

Easting
437725
Northing
5652342
Elevation
380 m
Azimuth
350 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2022-02-09T00:00:00.000Z

Reasoning: A narrow, low-grade intercept that confirms mineralization.

Positive factors

  • Confirms gold mineralization.

Negative factors

  • Narrow width and low grade.

Evidence · table

“1.12”

Context: 1

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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

MK-21-030McKenzie · goldGrade: 0.52Grade Unit: g/tIntercept: 22 mView all details
Link to this fact

Identity

Hole ID
MK-21-030
Project
McKenzie
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
NXS

Geometry

Grade
0.52
Grade Unit
g/t
Intercept
22 m
From
165 m
To
187 m
Intercept Depth
165 m

Classification

Program
exploration
Sample Type
drill
Group ID
MK-21-030:165-187
Mining Method
unknown

Location

Easting
437725
Northing
5652342
Elevation
380 m
Azimuth
350 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2022-02-09T00:00:00.000Z

Reasoning: A wide intercept of lower-grade gold mineralization, indicating bulk tonnage potential and contributing to the overall positive results of the program.

Positive factors

  • Significant width of gold mineralization (22m).
  • Contributes to the overall strike extension of the mineralized zone.

Negative factors

  • Lower grade for the width.
  • True width not reported.

Evidence · table

“0.52”

Context: 22

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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

MK-21-030McKenzie · goldGrade: 1.07Grade Unit: g/tIntercept: 6 mView all details
Link to this fact

Identity

Hole ID
MK-21-030
Project
McKenzie
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
NXS

Geometry

Grade
1.07
Grade Unit
g/t
Intercept
6 m
From
173 m
To
179 m
Intercept Depth
173 m

Classification

Program
exploration
Sample Type
drill
Group ID
MK-21-030:173-179
Mining Method
unknown

Location

Easting
437725
Northing
5652342
Elevation
380 m
Azimuth
350 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2022-02-09T00:00:00.000Z

Reasoning: A moderate-width intercept of lower-grade gold mineralization, contributing to the overall mineralized footprint.

Positive factors

  • Moderate width of gold mineralization (6m).

Negative factors

  • Lower grade for the width.
  • True width not reported.

Evidence · table

“1.07”

Context: 6

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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

MK-21-030McKenzie · goldGrade: 0.63Grade Unit: g/tIntercept: 12 mView all details
Link to this fact

Identity

Hole ID
MK-21-030
Project
McKenzie
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
NXS

Geometry

Grade
0.63
Grade Unit
g/t
Intercept
12 m
From
251 m
To
263 m
Intercept Depth
251 m

Classification

Program
exploration
Sample Type
drill
Group ID
MK-21-030:251-263
Mining Method
unknown

Location

Easting
437725
Northing
5652342
Elevation
380 m
Azimuth
350 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2022-02-09T00:00:00.000Z

Reasoning: A moderate-width intercept of lower-grade gold mineralization, contributing to the overall mineralized footprint.

Positive factors

  • Moderate width of gold mineralization (12m).

Negative factors

  • Lower grade for the width.
  • True width not reported.

Evidence · table

“0.63”

Context: 12

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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

MK-21-030McKenzie · goldGrade: 1.17Grade Unit: g/tIntercept: 6 mView all details
Link to this fact

Identity

Hole ID
MK-21-030
Project
McKenzie
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
NXS

Geometry

Grade
1.17
Grade Unit
g/t
Intercept
6 m
From
253 m
To
259 m
Intercept Depth
253 m

Classification

Program
exploration
Sample Type
drill
Group ID
MK-21-030:253-259
Mining Method
unknown

Location

Easting
437725
Northing
5652342
Elevation
380 m
Azimuth
350 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2022-02-09T00:00:00.000Z

Reasoning: A moderate-width intercept of lower-grade gold mineralization, contributing to the overall mineralized footprint.

Positive factors

  • Moderate width of gold mineralization (6m).

Negative factors

  • Lower grade for the width.
  • True width not reported.

Evidence · table

“1.17”

Context: 6

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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

MK-21-030McKenzie · goldGrade: 2.41Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
MK-21-030
Project
McKenzie
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
NXS

Geometry

Grade
2.41
Grade Unit
g/t
Intercept
2 m
From
256 m
To
258 m
Intercept Depth
256 m

Classification

Program
exploration
Sample Type
drill
Group ID
MK-21-030:256-258
Mining Method
unknown

Location

Easting
437725
Northing
5652342
Elevation
380 m
Azimuth
350 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2022-02-09T00:00:00.000Z

Reasoning: A narrow, moderate-grade intercept that is part of a broader mineralized zone.

Positive factors

  • Confirms gold mineralization within a broader zone.

Negative factors

  • Narrow width and moderate grade.

Evidence · table

“2.41”

Context: 2

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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.