Pirate Gold Announces Initial High-Grade Results and Discovery of New Zone at Treasure Island

Original announcement by tmx on

Company
Pirate Gold Corp.
Ticker
YARR
Exchange
TSX
Region
central Newfoundland
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Drill results
Extracted
2026-09-17 06:52:01 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Pirate Gold Corp. announced initial high-grade gold drill results from its Treasure Island Project in central Newfoundland, including the discovery of a new gold zone. The program confirmed high-grade mineralization within vein structures at the Moosehead Zone, with intercepts up to 51.20 g/t Au over 0.50m. A new discovery hole, PGC-25-006, intersected multiple gold intervals over 77m downhole, suggesting a broader mineralized system. The company highlighted the district-scale potential and ongoing exploration success.

Reasoning: Pirate Gold announced significant high-grade gold drill results from its Treasure Island Project, including the discovery of a new mineralized zone. The results confirm the presence of high-grade vein structures and expand the known mineralization, indicating strong exploration potential. While individual intercepts are narrow, the high grades and new discovery are very positive for an early-stage exploration program. QA/QC disclosure is robust.

Positive factors

  • Discovery of a new gold zone (PGC-25-006) expanding the project's footprint.
  • Multiple high-grade gold intercepts, including bonanza grades up to 51.20 g/t Au.
  • Confirmation of high-grade mineralization within stylolitic veins, refining the geological model.
  • Step-out drilling successfully extended known trends and identified new targets.
  • Comprehensive QA/QC procedures disclosed, including third-party check assays.

Negative factors

  • True widths are estimated for Moosehead Zone intercepts and unknown for the new discovery hole PGC-25-006, potentially overstating apparent widths.
  • Intercepts are generally narrow, which is typical for orogenic gold but impacts overall contained metal per interval.

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

Facts used in scoring: 18

Extracted facts

Stored fact records: 18. Some facts used in scoring do not have a stored record.

Drill Results (18)

PGC-25-001Treasure Island North · goldGrade: 20.47Grade Unit: g/tIntercept: 0.35 mView all details
Link to this fact

Identity

Hole ID
PGC-25-001
Project
Treasure Island North
Commodity
gold
Region
canada_nl
Reported Region
canada_nl
Ticker
YARR

Geometry

Grade
20.47
Grade Unit
g/t
Intercept
0.35 m
True Width
0.2975 m
From
23.75 m
To
24.1 m
Hole Depth
122 m
Intercept Depth
23.75 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
PGC-25-001:23.75-24.1
Mining Method
underground

Location

Location
Moosehead Eastern trend
Easting
613829
Northing
5428281
Azimuth
347 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Canada Ltd.
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: This intercept shows exceptional gold grade for an orogenic deposit, confirming the high-grade nature of the vein structures. The true width estimation adds confidence, though the narrow width limits its overall impact.

Positive factors

  • High-grade gold intercept (20.47 g/t Au) is exceptional for orogenic gold (open pit >5 g/t, underground >15 g/t).
  • True width estimated (0.2975m) provides better geological understanding.
  • Part of initial drill program confirming high-grade nature of vein structures.

Negative factors

  • Narrow intercept length (0.35m) limits overall contained metal.

Evidence · table

“20.47”

Context: PGC-25-001

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.2975

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Treasure Island project covers over 90 km of strike along the Valentine Lake Fault Zone in Canada's newest gold dist"

PGC-25-002Treasure Island North · goldGrade: 42.48Grade Unit: g/tIntercept: 0.45 mView all details
Link to this fact

Identity

Hole ID
PGC-25-002
Project
Treasure Island North
Commodity
gold
Region
canada_nl
Reported Region
canada_nl
Ticker
YARR

Geometry

Grade
42.48
Grade Unit
g/t
Intercept
0.45 m
True Width
0.3825 m
From
46 m
To
46.45 m
Hole Depth
86 m
Intercept Depth
46 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
PGC-25-002:46-46.45
Mining Method
underground

Location

Location
Moosehead Eastern trend
Easting
613856
Northing
5428278
Azimuth
315 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Canada Ltd.
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: This intercept shows exceptional gold grade, reinforcing the high-grade potential of the Moosehead Eastern trend. The true width estimation adds confidence, though the narrow width is a limiting factor.

Positive factors

  • Very high-grade gold intercept (42.48 g/t Au) is exceptional for orogenic gold.
  • True width estimated (0.3825m) provides better geological understanding.
  • Part of initial drill program confirming high-grade nature of vein structures.

Negative factors

  • Narrow intercept length (0.45m) limits overall contained metal.

Evidence · table

“42.48”

Context: PGC-25-002

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.3825

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Treasure Island project covers over 90 km of strike along the Valentine Lake Fault Zone in Canada's newest gold dist"

PGC-25-003Treasure Island North · goldGrade: 4.69Grade Unit: g/tIntercept: 0.65 mView all details
Link to this fact

Identity

Hole ID
PGC-25-003
Project
Treasure Island North
Commodity
gold
Region
canada_nl
Reported Region
canada_nl
Ticker
YARR

Geometry

Grade
4.69
Grade Unit
g/t
Intercept
0.65 m
True Width
0.5525 m
From
85 m
To
85.65 m
Hole Depth
152 m
Intercept Depth
85 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
PGC-25-003:85-85.65
Mining Method
underground

Location

Location
Moosehead Western trend
Easting
613685
Northing
5428515
Azimuth
226 °
Dip
-59 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Canada Ltd.
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade for an orogenic deposit, contributing to the understanding of the Moosehead Western trend. The true width estimation adds confidence, though the narrow width is a limiting factor.

Positive factors

  • Moderate-grade gold intercept (4.69 g/t Au) is strong for orogenic gold open pit (>2 g/t) and moderate for underground (>2.5 g/t).
  • True width estimated (0.5525m) provides better geological understanding.

Negative factors

  • Narrow intercept length (0.65m) limits overall contained metal.

Evidence · table

“4.69”

Context: PGC-25-003

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.5525

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Treasure Island project covers over 90 km of strike along the Valentine Lake Fault Zone in Canada's newest gold dist"

PGC-25-004Treasure Island North · goldGrade: 5.62Grade Unit: g/tIntercept: 0.65 mView all details
Link to this fact

Identity

Hole ID
PGC-25-004
Project
Treasure Island North
Commodity
gold
Region
canada_nl
Reported Region
canada_nl
Ticker
YARR

Geometry

Grade
5.62
Grade Unit
g/t
Intercept
0.65 m
True Width
0.5525 m
From
47 m
To
47.65 m
Hole Depth
92 m
Intercept Depth
47 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
PGC-25-004:47-47.65
Mining Method
underground

Location

Location
Moosehead Western trend
Easting
613667
Northing
5428481
Azimuth
243 °
Dip
-48 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Canada Ltd.
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: This intercept shows a high gold grade for an orogenic deposit, contributing to the understanding of the Moosehead Western trend. The true width estimation adds confidence, though the narrow width is a limiting factor.

Positive factors

  • High-grade gold intercept (5.62 g/t Au) is exceptional for orogenic gold open pit (>5 g/t) and strong for underground (>4 g/t).
  • True width estimated (0.5525m) provides better geological understanding.

Negative factors

  • Narrow intercept length (0.65m) limits overall contained metal.

Evidence · table

“5.62”

Context: PGC-25-004

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.5525

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Treasure Island project covers over 90 km of strike along the Valentine Lake Fault Zone in Canada's newest gold dist"

PGC-25-004Treasure Island North · goldGrade: 2.84Grade Unit: g/tIntercept: 5.1 mView all details
Link to this fact

Identity

Hole ID
PGC-25-004
Project
Treasure Island North
Commodity
gold
Region
canada_nl
Reported Region
canada_nl
Ticker
YARR

Geometry

Grade
2.84
Grade Unit
g/t
Intercept
5.1 m
True Width
4.335 m
From
66.4 m
To
71.5 m
Hole Depth
92 m
Intercept Depth
47 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
PGC-25-004:66.4-71.5
Mining Method
underground

Location

Location
Moosehead Western trend
Easting
613667
Northing
5428481
Azimuth
243 °
Dip
-48 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Canada Ltd.
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: This intercept shows a good combination of grade and width for an orogenic deposit, contributing to the understanding of the Moosehead Western trend. The true width estimation adds confidence.

Positive factors

  • Moderate-grade gold intercept (2.84 g/t Au) over a good width (5.10m) is strong for orogenic gold open pit (>2 g/t) and moderate for underground (>2.5 g/t).
  • True width estimated (4.335m) provides better geological understanding.

Evidence · table

“2.84”

Context: PGC-25-004

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 4.335

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Treasure Island project covers over 90 km of strike along the Valentine Lake Fault Zone in Canada's newest gold dist"

PGC-25-004Treasure Island North · goldGrade: 24.8Grade Unit: g/tIntercept: 0.45 mView all details
Link to this fact

Identity

Hole ID
PGC-25-004
Project
Treasure Island North
Commodity
gold
Region
canada_nl
Reported Region
canada_nl
Ticker
YARR

Geometry

Grade
24.8
Grade Unit
g/t
Intercept
0.45 m
True Width
0.3825 m
From
68 m
To
68.45 m
Hole Depth
92 m
Intercept Depth
47 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
PGC-25-004:68-68.45
Mining Method
underground

Location

Location
Moosehead Western trend
Easting
613667
Northing
5428481
Azimuth
243 °
Dip
-48 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Canada Ltd.
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: This included intercept shows exceptional gold grade, highlighting the high-grade nature of the stylolitic veins within the broader mineralized zone. The true width estimation adds confidence.

Positive factors

  • High-grade gold intercept (24.80 g/t Au) is exceptional for orogenic gold.
  • True width estimated (0.3825m) provides better geological understanding.

Negative factors

  • Narrow intercept length (0.45m) limits overall contained metal.

Evidence · table

“24.80”

Context: Incl.

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.3825

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Treasure Island project covers over 90 km of strike along the Valentine Lake Fault Zone in Canada's newest gold dist"

PGC-25-005Treasure Island North · goldGrade: 0.78Grade Unit: g/tIntercept: 9.5 mView all details
Link to this fact

Identity

Hole ID
PGC-25-005
Project
Treasure Island North
Commodity
gold
Region
canada_nl
Reported Region
canada_nl
Ticker
YARR

Geometry

Grade
0.78
Grade Unit
g/t
Intercept
9.5 m
True Width
8.075 m
From
111.4 m
To
120.9 m
Hole Depth
158 m
Intercept Depth
111.4 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
PGC-25-005:111.4-120.9
Mining Method
underground

Location

Location
Moosehead Western trend
Easting
613721
Northing
5428507
Azimuth
230 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Canada Ltd.
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: This intercept shows a good width but a weak gold grade for an orogenic deposit, indicating broader mineralization but at lower tenor. The true width estimation adds confidence.

Positive factors

  • Good intercept length (9.50m) for an orogenic deposit.
  • True width estimated (8.075m) provides better geological understanding.

Negative factors

  • Weak gold grade (0.78 g/t Au) for orogenic gold (open pit >0.3 g/t, underground >2.5 g/t).

Evidence · table

“0.78”

Context: PGC-25-005

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 8.075

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Treasure Island project covers over 90 km of strike along the Valentine Lake Fault Zone in Canada's newest gold dist"

PGC-25-005Treasure Island North · goldGrade: 1.92Grade Unit: g/tIntercept: 1.75 mView all details
Link to this fact

Identity

Hole ID
PGC-25-005
Project
Treasure Island North
Commodity
gold
Region
canada_nl
Reported Region
canada_nl
Ticker
YARR

Geometry

Grade
1.92
Grade Unit
g/t
Intercept
1.75 m
True Width
1.4875 m
From
111.4 m
To
113.15 m
Hole Depth
158 m
Intercept Depth
111.4 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
PGC-25-005:111.4-113.15
Mining Method
underground

Location

Location
Moosehead Western trend
Easting
613721
Northing
5428507
Azimuth
230 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Canada Ltd.
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: This included intercept shows a moderate gold grade for an orogenic deposit, contributing to the understanding of the Moosehead Western trend. The true width estimation adds confidence.

Positive factors

  • Moderate-grade gold intercept (1.92 g/t Au) is strong for orogenic gold open pit (>1 g/t) and weak for underground (>1.5 g/t).
  • True width estimated (1.4875m) provides better geological understanding.

Evidence · table

“1.92”

Context: Incl.

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.4875

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Treasure Island project covers over 90 km of strike along the Valentine Lake Fault Zone in Canada's newest gold dist"

PGC-25-005Treasure Island North · goldGrade: 2.52Grade Unit: g/tIntercept: 0.6 mView all details
Link to this fact

Identity

Hole ID
PGC-25-005
Project
Treasure Island North
Commodity
gold
Region
canada_nl
Reported Region
canada_nl
Ticker
YARR

Geometry

Grade
2.52
Grade Unit
g/t
Intercept
0.6 m
True Width
0.51 m
From
120.3 m
To
120.9 m
Hole Depth
158 m
Intercept Depth
111.4 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
PGC-25-005:120.3-120.9
Mining Method
underground

Location

Location
Moosehead Western trend
Easting
613721
Northing
5428507
Azimuth
230 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Canada Ltd.
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: This included intercept shows a moderate gold grade for an orogenic deposit, contributing to the understanding of the Moosehead Western trend. The true width estimation adds confidence.

Positive factors

  • Moderate-grade gold intercept (2.52 g/t Au) is strong for orogenic gold open pit (>1 g/t) and moderate for underground (>2.5 g/t).
  • True width estimated (0.51m) provides better geological understanding.

Negative factors

  • Narrow intercept length (0.60m) limits overall contained metal.

Evidence · table

“2.52”

Context: 120.30

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.51

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Treasure Island project covers over 90 km of strike along the Valentine Lake Fault Zone in Canada's newest gold dist"

PGC-25-006Treasure Island North · goldGrade: 1.14Grade Unit: g/tIntercept: 8.1 mView all details
Link to this fact

Identity

Hole ID
PGC-25-006
Project
Treasure Island North
Commodity
gold
Region
canada_nl
Reported Region
canada_nl
Ticker
YARR

Geometry

Grade
1.14
Grade Unit
g/t
Intercept
8.1 m
From
43.4 m
To
51.5 m
Hole Depth
203 m
Intercept Depth
43.4 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
PGC-25-006:43.4-51.5
Mining Method
underground

Location

Location
Regional Geophysical Target
Easting
612947
Northing
5427681
Azimuth
240 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Canada Ltd.
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: This intercept represents a new discovery at a regional geophysical target, significantly expanding the project's potential footprint. The combination of moderate grade and good width is positive for an exploration hole, though the unknown true width introduces some uncertainty.

Positive factors

  • Discovery of a new mineralized zone, indicating potential for broader system.
  • Good intercept length (8.10m) with moderate gold grade (1.14 g/t Au) for orogenic gold open pit (>1 g/t).

Negative factors

  • True width is unknown, which may overstate the actual thickness.

Evidence · table

“1.14”

Context: PGC-25-006

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Treasure Island project covers over 90 km of strike along the Valentine Lake Fault Zone in Canada's newest gold dist"

PGC-25-006Treasure Island North · goldGrade: 4.2Grade Unit: g/tIntercept: 0.75 mView all details
Link to this fact

Identity

Hole ID
PGC-25-006
Project
Treasure Island North
Commodity
gold
Region
canada_nl
Reported Region
canada_nl
Ticker
YARR

Geometry

Grade
4.2
Grade Unit
g/t
Intercept
0.75 m
From
45.65 m
To
46.4 m
Hole Depth
203 m
Intercept Depth
43.4 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
PGC-25-006:45.65-46.4
Mining Method
underground

Location

Location
Regional Geophysical Target
Easting
612947
Northing
5427681
Azimuth
240 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Canada Ltd.
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: This included intercept shows a high gold grade within the new discovery hole, reinforcing the potential of the regional target. The narrow width and unknown true width are limiting factors.

Positive factors

  • High-grade gold intercept (4.20 g/t Au) is exceptional for orogenic gold open pit (>5 g/t) and strong for underground (>4 g/t).
  • Part of a new discovery hole, indicating potential for broader system.

Negative factors

  • Narrow intercept length (0.75m) limits overall contained metal.
  • True width is unknown, which may overstate the actual thickness.

Evidence · table

“4.20”

Context: Incl.

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Treasure Island project covers over 90 km of strike along the Valentine Lake Fault Zone in Canada's newest gold dist"

PGC-25-006Treasure Island North · goldGrade: 1.72Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
PGC-25-006
Project
Treasure Island North
Commodity
gold
Region
canada_nl
Reported Region
canada_nl
Ticker
YARR

Geometry

Grade
1.72
Grade Unit
g/t
Intercept
1 m
From
62.3 m
To
63.3 m
Hole Depth
203 m
Intercept Depth
43.4 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
PGC-25-006:62.3-63.3
Mining Method
underground

Location

Location
Regional Geophysical Target
Easting
612947
Northing
5427681
Azimuth
240 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Canada Ltd.
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade within the new discovery hole, contributing to the understanding of the regional target. The narrow width and unknown true width are limiting factors.

Positive factors

  • Moderate-grade gold intercept (1.72 g/t Au) is strong for orogenic gold open pit (>1 g/t) and weak for underground (>1.5 g/t).
  • Part of a new discovery hole, indicating potential for broader system.

Negative factors

  • Narrow intercept length (1.00m) limits overall contained metal.
  • True width is unknown, which may overstate the actual thickness.

Evidence · table

“1.72”

Context: PGC-25-006

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Treasure Island project covers over 90 km of strike along the Valentine Lake Fault Zone in Canada's newest gold dist"

PGC-25-006Treasure Island North · goldGrade: 2.13Grade Unit: g/tIntercept: 1.2 mView all details
Link to this fact

Identity

Hole ID
PGC-25-006
Project
Treasure Island North
Commodity
gold
Region
canada_nl
Reported Region
canada_nl
Ticker
YARR

Geometry

Grade
2.13
Grade Unit
g/t
Intercept
1.2 m
From
75.75 m
To
76.95 m
Hole Depth
203 m
Intercept Depth
43.4 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
PGC-25-006:75.75-76.95
Mining Method
underground

Location

Location
Regional Geophysical Target
Easting
612947
Northing
5427681
Azimuth
240 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Canada Ltd.
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade within the new discovery hole, contributing to the understanding of the regional target. The narrow width and unknown true width are limiting factors.

Positive factors

  • Moderate-grade gold intercept (2.13 g/t Au) is strong for orogenic gold open pit (>2 g/t) and weak for underground (>1.5 g/t).
  • Part of a new discovery hole, indicating potential for broader system.

Negative factors

  • Narrow intercept length (1.20m) limits overall contained metal.
  • True width is unknown, which may overstate the actual thickness.

Evidence · table

“2.13”

Context: PGC-25-006

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Treasure Island project covers over 90 km of strike along the Valentine Lake Fault Zone in Canada's newest gold dist"

PGC-25-006Treasure Island North · goldGrade: 1.49Grade Unit: g/tIntercept: 0.85 mView all details
Link to this fact

Identity

Hole ID
PGC-25-006
Project
Treasure Island North
Commodity
gold
Region
canada_nl
Reported Region
canada_nl
Ticker
YARR

Geometry

Grade
1.49
Grade Unit
g/t
Intercept
0.85 m
From
82.6 m
To
83.45 m
Hole Depth
203 m
Intercept Depth
43.4 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
PGC-25-006:82.6-83.45
Mining Method
underground

Location

Location
Regional Geophysical Target
Easting
612947
Northing
5427681
Azimuth
240 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Canada Ltd.
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade within the new discovery hole, contributing to the understanding of the regional target. The narrow width and unknown true width are limiting factors.

Positive factors

  • Weak gold grade (1.49 g/t Au) is moderate for orogenic gold open pit (>1 g/t) and weak for underground (>1.5 g/t).
  • Part of a new discovery hole, indicating potential for broader system.

Negative factors

  • Narrow intercept length (0.85m) limits overall contained metal.
  • True width is unknown, which may overstate the actual thickness.

Evidence · table

“1.49”

Context: PGC-25-006

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Treasure Island project covers over 90 km of strike along the Valentine Lake Fault Zone in Canada's newest gold dist"

PGC-25-006Treasure Island North · goldGrade: 1.42Grade Unit: g/tIntercept: 0.65 mView all details
Link to this fact

Identity

Hole ID
PGC-25-006
Project
Treasure Island North
Commodity
gold
Region
canada_nl
Reported Region
canada_nl
Ticker
YARR

Geometry

Grade
1.42
Grade Unit
g/t
Intercept
0.65 m
From
96.5 m
To
97.15 m
Hole Depth
203 m
Intercept Depth
43.4 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
PGC-25-006:96.5-97.15
Mining Method
underground

Location

Location
Regional Geophysical Target
Easting
612947
Northing
5427681
Azimuth
240 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Canada Ltd.
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade within the new discovery hole, contributing to the understanding of the regional target. The narrow width and unknown true width are limiting factors.

Positive factors

  • Weak gold grade (1.42 g/t Au) is moderate for orogenic gold open pit (>1 g/t) and weak for underground (>1.5 g/t).
  • Part of a new discovery hole, indicating potential for broader system.

Negative factors

  • Narrow intercept length (0.65m) limits overall contained metal.
  • True width is unknown, which may overstate the actual thickness.

Evidence · table

“1.42”

Context: PGC-25-006

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Treasure Island project covers over 90 km of strike along the Valentine Lake Fault Zone in Canada's newest gold dist"

PGC-25-006Treasure Island North · goldGrade: 2.27Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
PGC-25-006
Project
Treasure Island North
Commodity
gold
Region
canada_nl
Reported Region
canada_nl
Ticker
YARR

Geometry

Grade
2.27
Grade Unit
g/t
Intercept
1 m
From
119.85 m
To
120.85 m
Hole Depth
203 m
Intercept Depth
43.4 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
PGC-25-006:119.85-120.85
Mining Method
underground

Location

Location
Regional Geophysical Target
Easting
612947
Northing
5427681
Azimuth
240 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Canada Ltd.
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade within the new discovery hole, contributing to the understanding of the regional target. The narrow width and unknown true width are limiting factors.

Positive factors

  • Moderate-grade gold intercept (2.27 g/t Au) is strong for orogenic gold open pit (>2 g/t) and weak for underground (>1.5 g/t).
  • Part of a new discovery hole, indicating potential for broader system.

Negative factors

  • Narrow intercept length (1.00m) limits overall contained metal.
  • True width is unknown, which may overstate the actual thickness.

Evidence · table

“2.27”

Context: PGC-25-006

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Treasure Island project covers over 90 km of strike along the Valentine Lake Fault Zone in Canada's newest gold dist"

PGC-25-007Treasure Island North · goldGrade: 4.79Grade Unit: g/tIntercept: 5.85 mView all details
Link to this fact

Identity

Hole ID
PGC-25-007
Project
Treasure Island North
Commodity
gold
Region
canada_nl
Reported Region
canada_nl
Ticker
YARR

Geometry

Grade
4.79
Grade Unit
g/t
Intercept
5.85 m
True Width
4.9725 m
From
119.4 m
To
125.25 m
Hole Depth
149 m
Intercept Depth
119.4 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
PGC-25-007:119.4-125.25
Mining Method
underground

Location

Location
Moosehead Western trend
Easting
613721
Northing
5428508
Azimuth
237 °
Dip
-54 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Canada Ltd.
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: This intercept shows a strong combination of grade and width for an orogenic deposit, extending the Moosehead Western trend at depth. The true width estimation adds confidence.

Positive factors

  • High-grade gold intercept (4.79 g/t Au) over a good width (5.85m) is exceptional for orogenic gold open pit (>5 g/t) and strong for underground (>4 g/t).
  • True width estimated (4.9725m) provides better geological understanding.

Evidence · table

“4.79”

Context: PGC-25-007

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 4.9725

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Treasure Island project covers over 90 km of strike along the Valentine Lake Fault Zone in Canada's newest gold dist"

PGC-25-007Treasure Island North · goldGrade: 51.2Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
PGC-25-007
Project
Treasure Island North
Commodity
gold
Region
canada_nl
Reported Region
canada_nl
Ticker
YARR

Geometry

Grade
51.2
Grade Unit
g/t
Intercept
0.5 m
True Width
0.425 m
From
119.4 m
To
119.9 m
Hole Depth
149 m
Intercept Depth
119.4 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
PGC-25-007:119.4-119.9
Mining Method
underground

Location

Location
Moosehead Western trend
Easting
613721
Northing
5428508
Azimuth
237 °
Dip
-54 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Canada Ltd.
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: This included intercept shows an exceptional bonanza gold grade, highlighting the very high-grade potential of the Moosehead Western trend. The true width estimation adds confidence, though the narrow width is a limiting factor.

Positive factors

  • Exceptional bonanza gold grade (51.20 g/t Au) is well above the highest thresholds for orogenic gold.
  • True width estimated (0.425m) provides better geological understanding.

Negative factors

  • Narrow intercept length (0.50m) limits overall contained metal.

Evidence · table

“51.20”

Context: Incl.

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.425

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Treasure Island project covers over 90 km of strike along the Valentine Lake Fault Zone in Canada's newest gold dist"

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.