# ONGold Identifies AZ Zone as Priority Near-Mine Gold Drill Target at Monument Bay &amp; Receives Manitoba Government Support

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/ongold-identifies-az-zone-as-priority-near-mine-gold-drill-target-at-monument-ba--afd95c3f-4fc9-4f93-942d-dd0e3ae9f445

Original source: https://orestocks.com/company/ONAU.V/press-releases/5673557117610858

Publisher: orestocks

Original announcement: 2026-09-15T11:30:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: ONGold Resources Ltd.

- Ticker: ONAU.V

- Exchange: Unavailable

- Region: Manitoba

- Primary commodity: Gold

- Secondary commodities: Tungsten

- Document categories: Drill results, Other

- Extracted: 2026-09-15 12:50:57 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

ONGold Resources Ltd. has identified the AZ Zone at the Monument Bay Gold Project as a priority near-mine drill target, supported by historical high-grade grab and channel samples. The company will commence a 2,500m diamond drill program in November 2026 and has received a $300k grant from the Manitoba government.

Reasoning: The announcement outlines a new exploration drill program targeting a high-grade historical zone supported by geophysics and government funding.

- Positive factor: High-grade historical grab samples \(12.97 g/t Au\)

- Positive factor: Strong channel sample \(10.29 g/t Au\)

- Positive factor: Government grant support \($300k\)

- Positive factor: Geophysical anomalies identified via IP survey

- Positive factor: Near-mine target location

- Negative factor: Historical drilling is limited

- Negative factor: True widths not determined for historical intercepts

Facts used in scoring: 6

## Classification and evidence

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: The AZ Zone is described as a priority near-mine drill target located 800m south of the main Monument Bay Gold Deposit.

Evidence · text

> identified the AZ Zone as a priority near-mine drill target at the Monument Bay Gold Project, located... approximately 800 metres south of the Monument Bay Gold Deposit

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: The release provides detailed QA/QC protocols including use of blanks, standards, duplicates, and secondary laboratory verification.

Evidence · text

> Quality assurance and quality control \("QA/QC"\) procedures were implemented to ensure all work is conducted in accordance with best practices.

**Apparent Width Only**

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Historical drill intercepts are reported as core lengths without true width or drill orientation disclosure.

Evidence · text

> All historical drill intervals reported in this news release are core lengths. True widths have not been determined.

## Extracted facts

Stored fact records: 6. Some facts used in scoring do not have a stored record.

## Drill Results (6)

### Fact 1

[Link to this fact](https://atlas-extractions.minestarters.com/news/ongold-identifies-az-zone-as-priority-near-mine-gold-drill-target-at-monument-ba--afd95c3f-4fc9-4f93-942d-dd0e3ae9f445#fact-drill-facts-0)

Monument Bay Gold Project · gold

#### Identity

- Project: Monument Bay Gold Project
- Commodity: gold
- Region: canada\_mb
- Reported Region: Manitoba
- Ticker: ONAU.V

#### Geometry

- Grade: 12.97
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Location

- Location: AZ Zone
- Loc. Source: document

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-15T00:00:00.000Z

Reasoning: Historical grab sample returned a high grade of 12.97 g/t Au.

- Positive factor: High grade grab sample

Evidence · text

> Historical grab samples:returned assays up to 12.97 g/t Au.

#### 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

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "- \*\*Geological setting and Trench:\*\*features gold in sheared conglomerate adjacent to a felsic sill/dyke, with sericite-"

### Fact 2

[Link to this fact](https://atlas-extractions.minestarters.com/news/ongold-identifies-az-zone-as-priority-near-mine-gold-drill-target-at-monument-ba--afd95c3f-4fc9-4f93-942d-dd0e3ae9f445#fact-drill-facts-1)

Monument Bay Gold Project · gold

#### Identity

- Project: Monument Bay Gold Project
- Commodity: gold
- Region: canada\_mb
- Reported Region: Manitoba
- Ticker: ONAU.V

#### Geometry

- Grade: 10.29
- Grade Unit: g/t
- Intercept: 0.5 m

#### Classification

- Sample Type: channel

#### Location

- Location: AZ Zone
- Loc. Source: document

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-15T00:00:00.000Z

Reasoning: Historical trenching produced a high-grade channel sample of 10.29 g/t Au.

- Positive factor: High grade channel sample

Evidence · text

> produced the best channel sample of 10.29 g/t Au over a sample length of 0.50 m.

#### 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

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "- \*\*Geological setting and Trench:\*\*features gold in sheared conglomerate adjacent to a felsic sill/dyke, with sericite-"

### Fact 3

[Link to this fact](https://atlas-extractions.minestarters.com/news/ongold-identifies-az-zone-as-priority-near-mine-gold-drill-target-at-monument-ba--afd95c3f-4fc9-4f93-942d-dd0e3ae9f445#fact-drill-facts-2)

Monument Bay Gold Project · gold

#### Identity

- Project: Monument Bay Gold Project
- Commodity: gold
- Region: canada\_mb
- Reported Region: Manitoba
- Ticker: ONAU.V

#### Geometry

- Grade: 1.54
- Grade Unit: g/t
- Intercept: 0.5 m

#### Classification

- Sample Type: channel

#### Location

- Location: AZ Zone
- Loc. Source: document

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-15T00:00:00.000Z

Reasoning: Recent channel sample returned a moderate grade of 1.54 g/t Au.

Evidence · text

> returned 1.54 g/t Au over a sample length of 0.50 m

#### 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

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "- \*\*Geological setting and Trench:\*\*features gold in sheared conglomerate adjacent to a felsic sill/dyke, with sericite-"

### TL-02-96

[Link to this fact](https://atlas-extractions.minestarters.com/news/ongold-identifies-az-zone-as-priority-near-mine-gold-drill-target-at-monument-ba--afd95c3f-4fc9-4f93-942d-dd0e3ae9f445#fact-drill-facts-3)

Monument Bay · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: TL-02-96
- Project: Monument Bay
- Commodity: gold
- Region: canada\_mb
- Reported Region: canada\_mb
- Ticker: ONAU.V

#### Geometry

- Grade: 2.1
- Grade Unit: g/t
- Intercept: 1.9 m
- From: 51 m
- To: 51.8 m
- Intercept Depth: 51 m

#### Classification

- Sample Type: drill
- Group ID: TL-02-96:51-51.8

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2002-01-01T00:00:00.000Z

#### Dates

- Event date: 2026-09-15T00:00:00.000Z

Reasoning: Historical drill intercept of 2.10 g/t Au over 1.90 m.

- Negative factor: Historical data

Evidence · text

> hole TL-02-96 that returned 2.10 g/t Au over a sample length of 1.90 m

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 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

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "- \*\*Geological setting and Trench:\*\*features gold in sheared conglomerate adjacent to a felsic sill/dyke, with sericite-"

### TL-02-96

[Link to this fact](https://atlas-extractions.minestarters.com/news/ongold-identifies-az-zone-as-priority-near-mine-gold-drill-target-at-monument-ba--afd95c3f-4fc9-4f93-942d-dd0e3ae9f445#fact-drill-facts-4)

Monument Bay · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: TL-02-96
- Project: Monument Bay
- Commodity: gold
- Region: canada\_mb
- Reported Region: canada\_mb
- Ticker: ONAU.V

#### Geometry

- Grade: 4.78
- Grade Unit: g/t
- Intercept: 0.8 m
- From: 51 m
- To: 51.8 m
- Intercept Depth: 51 m

#### Classification

- Sample Type: drill
- Group ID: TL-02-96:51-51.8

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2002-01-01T00:00:00.000Z

#### Dates

- Event date: 2026-09-15T00:00:00.000Z

Reasoning: High grade sub-interval within historical hole TL-02-96.

- Positive factor: High grade sub-interval

- Negative factor: Historical data

Evidence · text

> incl. 4.78 g/t Au over 0.80 m from 51.0 to 51.8 m

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 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

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "- \*\*Geological setting and Trench:\*\*features gold in sheared conglomerate adjacent to a felsic sill/dyke, with sericite-"

### TL-06-315

[Link to this fact](https://atlas-extractions.minestarters.com/news/ongold-identifies-az-zone-as-priority-near-mine-gold-drill-target-at-monument-ba--afd95c3f-4fc9-4f93-942d-dd0e3ae9f445#fact-drill-facts-5)

Monument Bay · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: TL-06-315
- Project: Monument Bay
- Commodity: gold
- Region: canada\_mb
- Reported Region: canada\_mb
- Ticker: ONAU.V

#### Geometry

- Grade: 2.86
- Grade Unit: g/t
- Intercept: 0.69 m
- From: 125.7 m
- To: 126.39 m
- Intercept Depth: 125.7 m

#### Classification

- Sample Type: drill
- Group ID: TL-06-315:125.7-126.39

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2006-01-01T00:00:00.000Z

#### Dates

- Event date: 2026-09-15T00:00:00.000Z

Reasoning: Historical drill intercept of 2.86 g/t Au over 0.69 m.

- Negative factor: Historical data

Evidence · text

> hole TL-06-315 returning 2.86 g/t Au over a sample length of 0.69 m \(125.7 to 126.39 m\)

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 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

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "- \*\*Geological setting and Trench:\*\*features gold in sheared conglomerate adjacent to a felsic sill/dyke, with sericite-"

## 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.
