NUBIAN REPORTS THAT ATHENA GOLD INTERCEPTS FURTHER HIGH-GRADE OXIDE GOLD AT EXCELSIOR SPRINGS GOLD PROJECT IN NEVADA

Original announcement by tmx on

Company
Nubian Resources Ltd.
Ticker
NBR
Exchange
TSX
Region
Nevada
Primary commodity
Gold
Secondary commodities
Silver
Document categories
Drill results
Extracted
2026-09-13 20:01:37 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Nubian Resources announced that Athena Gold has intersected high-grade oxide gold and silver at the Excelsior Springs Gold Project in Nevada. The results include an intercept of 6.05 g/t Au and 17.4 g/t Ag over 27.4 metres, confirming a new high-grade area.

Reasoning: The announcement reports significant high-grade gold and silver intercepts that extend a known discovery, though specific hole IDs for these new intercepts are not provided in the text.

Positive factors

  • high-grade oxide gold intercepts
  • confirms discovery of new high grade area
  • extension of previous high grade results

Facts used in scoring: 4

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 mentions the technical information was reviewed and approved by a Qualified Person (Dr. Scott Jobin-Bevans, P.Geo.).

Evidence · text

“reviewed and approved by Dr. Scott Jobin-Bevans (P.Geo.), a Director of Nubian, who is a Qualified Person”

Extracted facts

Stored fact records: 4. Some facts used in scoring do not have a stored record.

Drill Results (4)

Fact 1Excelsior Springs · goldGrade: 6.05Grade Unit: g/tIntercept: 27.4 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Excelsior Springs
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
NBR

Geometry

Grade
6.05
Grade Unit
g/t
Intercept
27.4 m

Classification

Sample Type
drill

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2023-01-16T00:00:00.000Z

Reasoning: 6.05 g/t Au over 27.4m is a strong intercept for an oxide gold discovery.

Positive factors

  • high-grade oxide gold

Evidence · text

“6.05 g/t Au and 17.4 g/t Ag over 27.4 metres”

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

Fact 2Excelsior Springs · silverGrade: 17.4Grade Unit: g/tIntercept: 27.4 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Excelsior Springs
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
NBR

Geometry

Grade
17.4
Grade Unit
g/t
Intercept
27.4 m

Classification

Sample Type
drill

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2023-01-16T00:00:00.000Z

Reasoning: Silver reported as a byproduct to the gold intercept.

Evidence · text

“6.05 g/t Au and 17.4 g/t Ag over 27.4 metres”

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

Fact 3Excelsior Springs · goldGrade: 10.2Grade Unit: g/tIntercept: 10.7 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Excelsior Springs
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
NBR

Geometry

Grade
10.2
Grade Unit
g/t
Intercept
10.7 m

Classification

Sample Type
drill

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2023-01-16T00:00:00.000Z

Reasoning: 10.2 g/t Au over 10.7m is a high-grade component of the larger intercept.

Positive factors

  • high-grade sub-interval

Evidence · text

“including 10.2 g/t Au and 30.8 g/t Ag over 10.7 metres”

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

Fact 4Excelsior Springs · silverGrade: 30.8Grade Unit: g/tIntercept: 10.7 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Excelsior Springs
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
NBR

Geometry

Grade
30.8
Grade Unit
g/t
Intercept
10.7 m

Classification

Sample Type
drill

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2023-01-16T00:00:00.000Z

Reasoning: Silver reported as a byproduct to the gold sub-interval.

Evidence · text

“including 10.2 g/t Au and 30.8 g/t Ag over 10.7 metres”

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.