# Pasofino Gold Exploration Update

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/pasofino-gold-exploration-update--341b510b-11c3-455d-9c7a-57a48bdac47f

Original source: https://money.tmx.com/en/quote/VEIN/news/8494842690125428/pasofino-gold-exploration-update

Publisher: tmx

Original announcement: 2025-09-15T11:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Pasofino Gold Limited

- Ticker: VEIN

- Exchange: TSX

- Region: Liberia

- Primary commodity: Gold

- Secondary commodities: None reported

- Document categories: Resource update, Other, Drill results

- Extracted: 2026-09-19 04:44:35 UTC

Narrative sentiment: 0.40 · Bullish

## Minestarters Atlas summary

Pasofino Gold provided an update on its exploration program at the Dugbe Gold Project in Liberia, focusing on new targets including Jadae East and DSZ. The company is targeting near-surface satellite oxide deposits to supplement the existing Tuzon and Dugbe F deposits.

Reasoning: The update provides progress on exploration targets near the existing Dugbe Gold Project, identifying new potential satellite oxide deposits and providing context for upcoming drilling.

- Positive factor: identification of new drill targets \(Jadae East, DSZ\)

- Positive factor: presence of artisanal mining indicating gold source

- Positive factor: proximity to existing Tuzon resource

- Positive factor: planned resource development program

- Negative factor: historical data used for some targets

- Negative factor: reliance on auger drilling for shallow targets

Facts used in scoring: 4

## Classification and evidence

**Nearology Play**

Polarity: neutral

Story-specific tag

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

Why it applies: Exploration targets \(Jadae East, DSZ\) are located near the existing Tuzon and Dugbe F deposits.

Evidence · text

> These areas have never been drill-tested and are both on the Dugbe Shear zone; on both sides of the 3.3 Moz \(Measured and Indicated\) Mineral Resource at the Tuzon and Dugbe F deposits.

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: The source explicitly discloses a revised resource estimate

Evidence · text

> Updated Mineral Resource Estimate

## Extracted facts

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

## Drill Results (1)

### trench TZTR091

[Link to this fact](https://atlas-extractions.minestarters.com/news/pasofino-gold-exploration-update--341b510b-11c3-455d-9c7a-57a48bdac47f#fact-drill-facts-0)

Dugbe · gold

#### Identity

- Hole ID: trench TZTR091
- Project: Dugbe
- Commodity: gold
- Region: liberia
- Reported Region: liberia
- Ticker: VEIN

#### Geometry

- Grade: 0.6
- Grade Unit: g/t
- Intercept: 36 m

#### Classification

- Sample Type: channel

#### QA/QC

- QA/QC Methods: standards

#### Review

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

#### Dates

- Event date: 2025-09-15T00:00:00.000Z

Reasoning: Historical channel sample from a trench providing continuity context.

- Positive factor: consistent with Tuzon lithologies

Evidence · text

> In trench TZTR091 the laterite cover was less than 2 metres and so the fresh bedrock could be exposed. A channel cut along the bedrock returned 36 metres with an average grade of 0.6 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: "In addition to the existing deposits, there are many gold prospects within the Project including the Bukon Jedeh area an"

## Resource Estimates (3)

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/pasofino-gold-exploration-update--341b510b-11c3-455d-9c7a-57a48bdac47f#fact-resource-facts-1)

Dugbe Gold Project · gold

#### Identity

- Project: Dugbe Gold Project
- Commodity: gold
- Region: liberia
- Reported Region: Liberia
- Ticker: VEIN

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- Resource group id: resource:c901227be2f56821b434
- Deposit or zone: Tuzon
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Grade: 1.4
- Grade Unit: g/t
- Contained Metal: 2.4
- Contained Unit: moz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-09-15T00:00:00.000Z

Reasoning: Reporting of the existing Indicated resource at Tuzon as context.

- Positive factor: significant scale

Evidence · text

> The Tuzon deposit hosts an Indicated Mineral Resource of 2.4 Moz gold averaging 1.40 g/t Au

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**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

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/pasofino-gold-exploration-update--341b510b-11c3-455d-9c7a-57a48bdac47f#fact-resource-facts-2)

Dugbe Gold Project · gold

#### Identity

- Project: Dugbe Gold Project
- Commodity: gold
- Region: liberia
- Reported Region: Liberia
- Ticker: VEIN

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- Resource group id: resource:42bb834e672901e3e54c
- Deposit or zone: Dugbe Gold Project
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Contained Metal: 0.6
- Contained Unit: moz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-09-15T00:00:00.000Z

Reasoning: Reporting of the total project inferred resource.

Evidence · text

> total Measured and Indicated of 3.3 Moz with an average grade of 1.37 g/t Au, and 0.6 Moz in Inferred.

#### 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

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/pasofino-gold-exploration-update--341b510b-11c3-455d-9c7a-57a48bdac47f#fact-resource-facts-3)

Dugbe Gold Project · gold

#### Identity

- Project: Dugbe Gold Project
- Commodity: gold
- Region: liberia
- Reported Region: Liberia
- Ticker: VEIN

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- Resource group id: resource:e59c1ec1b916b0f599eb
- Deposit or zone: Dugbe Gold Project
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Grade: 1.37
- Grade Unit: g/t
- Contained Metal: 3.3
- Contained Unit: moz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-09-15T00:00:00.000Z

Reasoning: Reporting of the total project M&amp;I resource.

Evidence · text

> total Measured and Indicated of 3.3 Moz with an average grade of 1.37 g/t Au

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**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

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

## 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.
