# ONGold Returns 14.59 g/t Au over 9.6 m \(core length\) From Re-logging Program at Monument Bay Gold-Tungsten Project and Awards Contract to Prepare Updated NI 43-101 Mineral Resource Estimate Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/ongold-returns-14-59-g-t-au-over-9-6-m-core-length-from-re-logging-program-at-mo--7cfbeaba-4429-4675-be34-f9722b362b38 Original source: https://money.tmx.com/en/quote/ONAU/news/8754465016551678/ongold-returns-14-59-g-t-au-over-9-6-m-core-length-from-re-logging-program-at-mo Publisher: tmx Original announcement: 2026-01-26T12:30:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: ONGold Resources Ltd. - Ticker: ONAU - Exchange: TSX - Region: Manitoba - Primary commodity: Gold - Secondary commodities: Tungsten - Document categories: Drill results, Resource update - Extracted: 2026-09-18 15:06:55 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary ONGold Resources has announced high-grade gold intercepts from its 2025 core re-sampling program at the Monument Bay project, including 14.59 g/t Au over 9.6m. The company has also awarded a contract to SRK Consulting to prepare an updated NI 43-101 mineral resource estimate that will incorporate tungsten. Reasoning: The announcement reports high-grade gold intercepts from a core re-sampling program and the appointment of SRK Consulting to update the mineral resource estimate, which will include tungsten. - Positive factor: High-grade gold intercepts from re-logging program - Positive factor: Contract awarded for updated NI 43-101 resource estimate - Positive factor: Significant gold price environment support - Positive factor: Tungsten assessment being integrated - Negative factor: True widths currently unknown - Negative factor: Some core reported as rubbled/incomplete Facts used in scoring: 6 ## Classification and evidence **Bonanza Intercept** Polarity: positive Definition: Exceptionally high-grade zone, well above the deposit-type norm. Why it applies: 19.7 g/t Au over 6.6m is exceptionally high grade for the project context. Evidence · text > 19.7 g/t Au over a core length of 6.60m **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: Release details specific QA/QC protocols including blanks, standards, and secondary lab verification. Evidence · text > Coarse blanks and certified reference standards \(Oreas\) as inserted by the geologist into the sample stream every 10 th sample. **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: All reported intervals are down-hole core lengths and true widths are unknown. Evidence · text > All reported intervals are down-hole core lengths. True widths are unknown at this time **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: Company has awarded a contract to prepare an updated NI 43-101 mineral resource estimate. Evidence · text > awarded the contract to prepare an updated mineral resource estimate ## Extracted facts Stored fact records: 6. Some facts used in scoring do not have a stored record. ## Drill Results (4) ### GSC-04-04 [Link to this fact](https://atlas-extractions.minestarters.com/news/ongold-returns-14-59-g-t-au-over-9-6-m-core-length-from-re-logging-program-at-mo--7cfbeaba-4429-4675-be34-f9722b362b38#fact-drill-facts-0) Monument Bay · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: GSC-04-04 - Project: Monument Bay - Commodity: gold - Region: canada\_mb - Reported Region: canada\_mb - Ticker: ONAU #### Geometry - Grade: 14.59 - Grade Unit: g/t - Intercept: 9.6 m - From: 90.5 m - To: 100.1 m - Intercept Depth: 90.5 m #### Classification - Program: resource - Sample Type: drill - Group ID: GSC-04-04:90.5-100.1 - Mining Method: unknown #### Location - Location: Lake Shoot - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - Lab Certified: 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: 2004-01-01T00:00:00.000Z #### Dates - Event date: 2026-01-26T00:00:00.000Z Reasoning: Strong gold grade from re-sampling program. - Positive factor: High grade intercept Evidence · table > 14.59 Context: 9.60 #### 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### GSC-04-04 [Link to this fact](https://atlas-extractions.minestarters.com/news/ongold-returns-14-59-g-t-au-over-9-6-m-core-length-from-re-logging-program-at-mo--7cfbeaba-4429-4675-be34-f9722b362b38#fact-drill-facts-1) Monument Bay · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: GSC-04-04 - Project: Monument Bay - Commodity: gold - Region: canada\_mb - Reported Region: canada\_mb - Ticker: ONAU #### Geometry - Grade: 19.7 - Grade Unit: g/t - Intercept: 6.6 m - From: 93.5 m - To: 100.1 m - Intercept Depth: 93.5 m #### Classification - Program: resource - Sample Type: drill - Group ID: GSC-04-04:93.5-100.1 - Mining Method: unknown #### Location - Location: Lake Shoot - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - Lab Certified: 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: 2004-01-01T00:00:00.000Z #### Dates - Event date: 2026-01-26T00:00:00.000Z Reasoning: Very high grade sub-interval. - Positive factor: Bonanza grade Evidence · table > 19.70 Context: 6.60 #### 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### TL-04-198 [Link to this fact](https://atlas-extractions.minestarters.com/news/ongold-returns-14-59-g-t-au-over-9-6-m-core-length-from-re-logging-program-at-mo--7cfbeaba-4429-4675-be34-f9722b362b38#fact-drill-facts-2) Monument Bay · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: TL-04-198 - Project: Monument Bay - Commodity: gold - Region: canada\_mb - Reported Region: canada\_mb - Ticker: ONAU #### Geometry - Grade: 1.13 - Grade Unit: g/t - Intercept: 26.9 m - From: 281 m - To: 307.9 m - Intercept Depth: 281 m #### Classification - Program: resource - Sample Type: drill - Group ID: TL-04-198:281-307.9 - Mining Method: unknown #### Location - Location: Camp Shoot - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - Lab Certified: 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: 2004-01-01T00:00:00.000Z #### Dates - Event date: 2026-01-26T00:00:00.000Z Reasoning: Re-assay confirms continuity but grade is modest. - Negative factor: Low grade compared to historical context Evidence · table > 1.13 Context: 26.90 #### 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### TL-07-340 [Link to this fact](https://atlas-extractions.minestarters.com/news/ongold-returns-14-59-g-t-au-over-9-6-m-core-length-from-re-logging-program-at-mo--7cfbeaba-4429-4675-be34-f9722b362b38#fact-drill-facts-3) Monument Bay · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: TL-07-340 - Project: Monument Bay - Commodity: gold - Region: canada\_mb - Reported Region: canada\_mb - Ticker: ONAU #### Geometry - Grade: 1.94 - Grade Unit: g/t - Intercept: 14.14 m - From: 310 m - To: 324.14 m - Intercept Depth: 310 m #### Classification - Program: resource - Sample Type: drill - Group ID: TL-07-340:310-324.14 - Mining Method: unknown #### Location - Location: Simmons Shoot - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - Lab Certified: 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: 2007-01-01T00:00:00.000Z #### Dates - Event date: 2026-01-26T00:00:00.000Z Reasoning: Moderate grade intercept from re-sampling. Evidence · table > 1.94 Context: 14.14 #### 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ## Resource Estimates (2) ### Main Deposit [Link to this fact](https://atlas-extractions.minestarters.com/news/ongold-returns-14-59-g-t-au-over-9-6-m-core-length-from-re-logging-program-at-mo--7cfbeaba-4429-4675-be34-f9722b362b38#fact-resource-facts-4) Monument Bay · gold Historical result Needs review: historical\_restatement #### Identity - Project: Monument Bay - Commodity: gold - Region: canada\_mb - Reported Region: Manitoba - Ticker: ONAU #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: No - Resource group id: resource:1dc574b925414a96ed7b - Deposit or zone: Main Deposit #### Resource Data - Tonnes: 58000000 - Grade: 1.24 - Grade Unit: g/t - Contained Metal: 2300000 - Contained Unit: oz #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes #### Dates - Event date: 2026-01-26T00:00:00.000Z Reasoning: Historical M&I resource cited for context. - Negative factor: Historical estimate Evidence · text > 2.3 million gold ounces \(58.0 million tonnes at an average grade of 1.24 g/t\) #### Tags used in scoring **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 **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/ongold-returns-14-59-g-t-au-over-9-6-m-core-length-from-re-logging-program-at-mo--7cfbeaba-4429-4675-be34-f9722b362b38#fact-resource-facts-5) Monument Bay · gold Historical result Needs review: historical\_restatement #### Identity - Project: Monument Bay - Commodity: gold - Region: canada\_mb - Reported Region: Manitoba - Ticker: ONAU #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: No - Resource group id: resource:a80002ec2a3e44e7a73e - Deposit or zone: Main Deposit #### Resource Data - Category: inferred - Tonnes: 24400000 - Grade: 0.92 - Grade Unit: g/t - Contained Metal: 720000 - Contained Unit: oz #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes #### Dates - Event date: 2026-01-26T00:00:00.000Z Reasoning: Historical Inferred resource cited for context. - Negative factor: Historical estimate Evidence · text > 720,000 gold ounces \(24.4 million tonnes at an average grade of 0.92 g/t\) in the "Inferred" Mineral Resources category #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **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 **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ## 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.