Pirate Gold Intersects 0.54% Cu Eq over 180.8m, Including 1.48% Cu Eq over 49.4m, in New Grassroots Copper-Gold Porphyry Epithermal Discovery at Moby Dick

Original announcement by tmx on

Company
Pirate Gold Corp.
Ticker
YARR
Exchange
TSX
Region
Newfoundland and Labrador, Canada
Primary commodity
Copper
Secondary commodities
Gold, Silver
Document categories
Drill results, Agreement transaction
Extracted
2026-09-17 06:40:42 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Pirate Gold Corp. announced exploration drill results from its Moby Dick discovery at the Treasure Island Project in Newfoundland, Canada. Hole PGC-26-068 intersected 0.54% Cu Eq over 180.8m, including 1.48% Cu Eq over 49.4m, confirming broad copper-gold mineralization within a large porphyry-epithermal alteration system. The company also reported property acquisitions to consolidate its land position in the region.

Reasoning: The document reports significant initial drill results from a new grassroots copper-gold porphyry-epithermal discovery, confirming broad mineralization and district potential. The highest-grade intercept is strong, but the lack of true width disclosure and pending assays for one hole introduce some uncertainty. Comprehensive QA/QC is a positive.

Positive factors

  • New grassroots discovery with broad zones of copper-gold mineralization
  • High-grade intercept of 1.48% Cu Eq over 49.4m within a wider 180.8m zone
  • Confirmation of a large alteration system with district-scale potential
  • Comprehensive QA/QC disclosure with certified lab and QP sign-off

Negative factors

  • True widths are unknown, potentially overstating intercept lengths
  • Assay results pending for one hole (PGC-26-088) which was abandoned early
  • Metal equivalent assumptions are disclosed, but recoveries are assumed at 80% for all metals without specific testwork
  • No cut-off grade or internal dilution rules disclosed for compositing

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

Facts used in scoring: 17

Extracted facts

Stored fact records: 17. Some facts used in scoring do not have a stored record.

Drill Results (17)

PGC-26-058Treasure Island · copperGrade: 0.12Grade Unit: %Intercept: 112.4 mView all details
Link to this fact

Identity

Hole ID
PGC-26-058
Project
Treasure Island
Commodity
copper
Region
canada_nl
Reported Region
canada_nl
Ticker
YARR

Geometry

Grade
0.12
Grade Unit
%
Intercept
112.4 m
From
250.45 m
To
362.85 m
Hole Depth
602 m
Intercept Depth
250.45 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
drill
Group ID
PGC-26-058:250.45-362.85
Mining Method
open_pit

Location

Location
Moby Dick
Easting
562451
Northing
5398587
Azimuth
345 °
Dip
-65 °
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

Deleterious

Deleterious Flag
No

Metal Equivalent

Metal Eq. Grade
0.38
Metal Eq. Unit
% Cu Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-17T00:00:00.000Z

Reasoning: This intercept is part of a new discovery and shows broad mineralization, but the copper equivalent grade is relatively low. While assumptions for the equivalent are disclosed, they are based on assumed recoveries, and true width is unknown.

Positive factors

  • Part of a new grassroots discovery
  • Broad intercept length
  • Metal equivalent assumptions disclosed

Negative factors

  • Low copper equivalent grade for a porphyry deposit
  • True width unknown
  • Metal equivalent based on assumed recoveries

Evidence · table

“0.38”

Context: 250.45

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

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 in Central Newfoundland covers over 90 km of strike along the Valentine Lake Fault Zone in C"

PGC-26-058Treasure Island · goldGrade: 0.22Grade Unit: g/tIntercept: 112.4 mView all details
Link to this fact

Identity

Hole ID
PGC-26-058
Project
Treasure Island
Commodity
gold
Region
canada_nl
Reported Region
canada_nl
Ticker
YARR

Geometry

Grade
0.22
Grade Unit
g/t
Intercept
112.4 m
From
250.45 m
To
362.85 m
Hole Depth
602 m
Intercept Depth
250.45 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
drill
Group ID
PGC-26-058:250.45-362.85
Mining Method
open_pit

Location

Location
Moby Dick
Easting
562451
Northing
5398587
Azimuth
345 °
Dip
-65 °
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

Deleterious

Deleterious Flag
No

Metal Equivalent

Metal Eq. Grade
0.34
Metal Eq. Unit
g/t Au Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-17T00:00:00.000Z

Reasoning: This intercept is part of a new discovery and shows broad mineralization, but the gold equivalent grade is relatively low. While assumptions for the equivalent are disclosed, they are based on assumed recoveries, and true width is unknown.

Positive factors

  • Part of a new grassroots discovery
  • Broad intercept length
  • Metal equivalent assumptions disclosed

Negative factors

  • Low gold equivalent grade for a porphyry deposit
  • True width unknown
  • Metal equivalent based on assumed recoveries

Evidence · table

“0.34”

Context: 250.45

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

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 in Central Newfoundland covers over 90 km of strike along the Valentine Lake Fault Zone in C"

PGC-26-058Treasure Island · silverGrade: 1.76Grade Unit: g/tIntercept: 112.4 mView all details
Link to this fact

Identity

Hole ID
PGC-26-058
Project
Treasure Island
Commodity
silver
Region
canada_nl
Reported Region
canada_nl
Ticker
YARR

Geometry

Grade
1.76
Grade Unit
g/t
Intercept
112.4 m
From
250.45 m
To
362.85 m
Hole Depth
602 m
Intercept Depth
250.45 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
drill
Group ID
PGC-26-058:250.45-362.85
Mining Method
open_pit

Location

Location
Moby Dick
Easting
562451
Northing
5398587
Azimuth
345 °
Dip
-65 °
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

Deleterious

Deleterious Flag
No

Metal Equivalent

Metal Eq. Grade
0.38
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-17T00:00:00.000Z

Reasoning: This intercept is part of a new discovery and shows broad mineralization, but the silver grade is relatively low for a porphyry. The lack of true width information reduces confidence.

Positive factors

  • Part of a new grassroots discovery
  • Broad intercept length

Negative factors

  • Low silver grade for a porphyry deposit
  • True width unknown

Evidence · table

“1.76”

Context: 250.45

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

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 in Central Newfoundland covers over 90 km of strike along the Valentine Lake Fault Zone in C"

PGC-26-058Treasure Island · copperGrade: 0.17Grade Unit: %Intercept: 45 mView all details
Link to this fact

Identity

Hole ID
PGC-26-058
Project
Treasure Island
Commodity
copper
Region
canada_nl
Reported Region
canada_nl
Ticker
YARR

Geometry

Grade
0.17
Grade Unit
%
Intercept
45 m
From
281 m
To
326 m
Hole Depth
602 m
Intercept Depth
250.45 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
drill
Group ID
PGC-26-058:281-326
Mining Method
open_pit

Location

Location
Moby Dick
Easting
562451
Northing
5398587
Azimuth
345 °
Dip
-65 °
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

Deleterious

Deleterious Flag
No

Metal Equivalent

Metal Eq. Grade
0.72
Metal Eq. Unit
% Cu Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-17T00:00:00.000Z

Reasoning: This included intercept is part of a new discovery and shows moderate copper equivalent grade. While assumptions for the equivalent are disclosed, they are based on assumed recoveries, and true width is unknown.

Positive factors

  • Part of a new grassroots discovery
  • Included interval within a broader zone
  • Metal equivalent assumptions disclosed

Negative factors

  • Moderate copper equivalent grade for a porphyry deposit
  • True width unknown
  • Metal equivalent based on assumed recoveries

Evidence · table

“0.72”

Context: 281.00

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

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 in Central Newfoundland covers over 90 km of strike along the Valentine Lake Fault Zone in C"

PGC-26-058Treasure Island · goldGrade: 0.46Grade Unit: g/tIntercept: 45 mView all details
Link to this fact

Identity

Hole ID
PGC-26-058
Project
Treasure Island
Commodity
gold
Region
canada_nl
Reported Region
canada_nl
Ticker
YARR

Geometry

Grade
0.46
Grade Unit
g/t
Intercept
45 m
From
281 m
To
326 m
Hole Depth
602 m
Intercept Depth
250.45 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
drill
Group ID
PGC-26-058:281-326
Mining Method
open_pit

Location

Location
Moby Dick
Easting
562451
Northing
5398587
Azimuth
345 °
Dip
-65 °
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

Deleterious

Deleterious Flag
No

Metal Equivalent

Metal Eq. Grade
0.65
Metal Eq. Unit
g/t Au Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-17T00:00:00.000Z

Reasoning: This included intercept is part of a new discovery and shows moderate gold equivalent grade. While assumptions for the equivalent are disclosed, they are based on assumed recoveries, and true width is unknown.

Positive factors

  • Part of a new grassroots discovery
  • Included interval within a broader zone
  • Metal equivalent assumptions disclosed

Negative factors

  • Moderate gold equivalent grade for a porphyry deposit
  • True width unknown
  • Metal equivalent based on assumed recoveries

Evidence · table

“0.65”

Context: 281.00

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

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 in Central Newfoundland covers over 90 km of strike along the Valentine Lake Fault Zone in C"

PGC-26-058Treasure Island · silverGrade: 2.57Grade Unit: g/tIntercept: 45 mView all details
Link to this fact

Identity

Hole ID
PGC-26-058
Project
Treasure Island
Commodity
silver
Region
canada_nl
Reported Region
canada_nl
Ticker
YARR

Geometry

Grade
2.57
Grade Unit
g/t
Intercept
45 m
From
281 m
To
326 m
Hole Depth
602 m
Intercept Depth
250.45 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
drill
Group ID
PGC-26-058:281-326
Mining Method
open_pit

Location

Location
Moby Dick
Easting
562451
Northing
5398587
Azimuth
345 °
Dip
-65 °
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

Deleterious

Deleterious Flag
No

Metal Equivalent

Metal Eq. Grade
0.72
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-17T00:00:00.000Z

Reasoning: This included intercept is part of a new discovery, but the silver grade remains relatively low for a porphyry. The lack of true width information reduces confidence.

Positive factors

  • Part of a new grassroots discovery
  • Included interval within a broader zone

Negative factors

  • Low silver grade for a porphyry deposit
  • True width unknown

Evidence · table

“2.57”

Context: 281.00

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

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 in Central Newfoundland covers over 90 km of strike along the Valentine Lake Fault Zone in C"

PGC-26-068Treasure Island · copperGrade: 0.09Grade Unit: %Intercept: 329.55 mView all details
Link to this fact

Identity

Hole ID
PGC-26-068
Project
Treasure Island
Commodity
copper
Region
canada_nl
Reported Region
canada_nl
Ticker
YARR

Geometry

Grade
0.09
Grade Unit
%
Intercept
329.55 m
From
194.25 m
To
523.8 m
Hole Depth
596 m
Intercept Depth
194.25 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
drill
Group ID
PGC-26-068:194.25-523.8
Mining Method
open_pit

Location

Location
Moby Dick
Easting
562451
Northing
5398587
Azimuth
345 °
Dip
-44 °
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

Deleterious

Deleterious Flag
No

Metal Equivalent

Metal Eq. Grade
0.34
Metal Eq. Unit
% Cu Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-17T00:00:00.000Z

Reasoning: This intercept is part of a new discovery and shows very broad mineralization, but the copper equivalent grade is very low. While assumptions for the equivalent are disclosed, they are based on assumed recoveries, and true width is unknown.

Positive factors

  • Part of a new grassroots discovery
  • Very broad intercept length
  • Metal equivalent assumptions disclosed

Negative factors

  • Very low copper equivalent grade for a porphyry deposit
  • True width unknown
  • Metal equivalent based on assumed recoveries

Evidence · table

“0.34”

Context: 194.25

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

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 in Central Newfoundland covers over 90 km of strike along the Valentine Lake Fault Zone in C"

PGC-26-068Treasure Island · goldGrade: 0.22Grade Unit: g/tIntercept: 329.55 mView all details
Link to this fact

Identity

Hole ID
PGC-26-068
Project
Treasure Island
Commodity
gold
Region
canada_nl
Reported Region
canada_nl
Ticker
YARR

Geometry

Grade
0.22
Grade Unit
g/t
Intercept
329.55 m
From
194.25 m
To
523.8 m
Hole Depth
596 m
Intercept Depth
194.25 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
drill
Group ID
PGC-26-068:194.25-523.8
Mining Method
open_pit

Location

Location
Moby Dick
Easting
562451
Northing
5398587
Azimuth
345 °
Dip
-44 °
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

Deleterious

Deleterious Flag
No

Metal Equivalent

Metal Eq. Grade
0.31
Metal Eq. Unit
g/t Au Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-17T00:00:00.000Z

Reasoning: This intercept is part of a new discovery and shows very broad mineralization, but the gold equivalent grade is very low. While assumptions for the equivalent are disclosed, they are based on assumed recoveries, and true width is unknown.

Positive factors

  • Part of a new grassroots discovery
  • Very broad intercept length
  • Metal equivalent assumptions disclosed

Negative factors

  • Very low gold equivalent grade for a porphyry deposit
  • True width unknown
  • Metal equivalent based on assumed recoveries

Evidence · table

“0.31”

Context: 194.25

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

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 in Central Newfoundland covers over 90 km of strike along the Valentine Lake Fault Zone in C"

PGC-26-068Treasure Island · silverGrade: 1.35Grade Unit: g/tIntercept: 329.55 mView all details
Link to this fact

Identity

Hole ID
PGC-26-068
Project
Treasure Island
Commodity
silver
Region
canada_nl
Reported Region
canada_nl
Ticker
YARR

Geometry

Grade
1.35
Grade Unit
g/t
Intercept
329.55 m
From
194.25 m
To
523.8 m
Hole Depth
596 m
Intercept Depth
194.25 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
drill
Group ID
PGC-26-068:194.25-523.8
Mining Method
open_pit

Location

Location
Moby Dick
Easting
562451
Northing
5398587
Azimuth
345 °
Dip
-44 °
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

Deleterious

Deleterious Flag
No

Metal Equivalent

Metal Eq. Grade
0.34
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-17T00:00:00.000Z

Reasoning: This intercept is part of a new discovery and shows very broad mineralization, but the silver grade is very low for a porphyry. The lack of true width information reduces confidence.

Positive factors

  • Part of a new grassroots discovery
  • Very broad intercept length

Negative factors

  • Very low silver grade for a porphyry deposit
  • True width unknown

Evidence · table

“1.35”

Context: 194.25

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

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 in Central Newfoundland covers over 90 km of strike along the Valentine Lake Fault Zone in C"

PGC-26-068Treasure Island · copperGrade: 0.13Grade Unit: %Intercept: 180.75 mView all details
Link to this fact

Identity

Hole ID
PGC-26-068
Project
Treasure Island
Commodity
copper
Region
canada_nl
Reported Region
canada_nl
Ticker
YARR

Geometry

Grade
0.13
Grade Unit
%
Intercept
180.75 m
From
194.25 m
To
375 m
Hole Depth
596 m
Intercept Depth
194.25 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
drill
Group ID
PGC-26-068:194.25-375
Mining Method
open_pit

Location

Location
Moby Dick
Easting
562451
Northing
5398587
Azimuth
345 °
Dip
-44 °
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

Deleterious

Deleterious Flag
No

Metal Equivalent

Metal Eq. Grade
0.54
Metal Eq. Unit
% Cu Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-17T00:00:00.000Z

Reasoning: This included intercept is part of a new discovery and shows moderate copper equivalent grade over a significant width. While assumptions for the equivalent are disclosed, they are based on assumed recoveries, and true width is unknown.

Positive factors

  • Part of a new grassroots discovery
  • Broad intercept length
  • Metal equivalent assumptions disclosed

Negative factors

  • Moderate copper equivalent grade for a porphyry deposit
  • True width unknown
  • Metal equivalent based on assumed recoveries

Evidence · table

“0.54”

Context: 194.25

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

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 in Central Newfoundland covers over 90 km of strike along the Valentine Lake Fault Zone in C"

PGC-26-068Treasure Island · goldGrade: 0.36Grade Unit: g/tIntercept: 180.75 mView all details
Link to this fact

Identity

Hole ID
PGC-26-068
Project
Treasure Island
Commodity
gold
Region
canada_nl
Reported Region
canada_nl
Ticker
YARR

Geometry

Grade
0.36
Grade Unit
g/t
Intercept
180.75 m
From
194.25 m
To
375 m
Hole Depth
596 m
Intercept Depth
194.25 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
drill
Group ID
PGC-26-068:194.25-375
Mining Method
open_pit

Location

Location
Moby Dick
Easting
562451
Northing
5398587
Azimuth
345 °
Dip
-44 °
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

Deleterious

Deleterious Flag
No

Metal Equivalent

Metal Eq. Grade
0.49
Metal Eq. Unit
g/t Au Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-17T00:00:00.000Z

Reasoning: This included intercept is part of a new discovery and shows moderate gold equivalent grade over a significant width. While assumptions for the equivalent are disclosed, they are based on assumed recoveries, and true width is unknown.

Positive factors

  • Part of a new grassroots discovery
  • Broad intercept length
  • Metal equivalent assumptions disclosed

Negative factors

  • Moderate gold equivalent grade for a porphyry deposit
  • True width unknown
  • Metal equivalent based on assumed recoveries

Evidence · table

“0.49”

Context: 194.25

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

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 in Central Newfoundland covers over 90 km of strike along the Valentine Lake Fault Zone in C"

PGC-26-068Treasure Island · silverGrade: 1.73Grade Unit: g/tIntercept: 180.75 mView all details
Link to this fact

Identity

Hole ID
PGC-26-068
Project
Treasure Island
Commodity
silver
Region
canada_nl
Reported Region
canada_nl
Ticker
YARR

Geometry

Grade
1.73
Grade Unit
g/t
Intercept
180.75 m
From
194.25 m
To
375 m
Hole Depth
596 m
Intercept Depth
194.25 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
drill
Group ID
PGC-26-068:194.25-375
Mining Method
open_pit

Location

Location
Moby Dick
Easting
562451
Northing
5398587
Azimuth
345 °
Dip
-44 °
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

Deleterious

Deleterious Flag
No

Metal Equivalent

Metal Eq. Grade
0.54
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-17T00:00:00.000Z

Reasoning: This included intercept is part of a new discovery and shows broad mineralization, but the silver grade is relatively low for a porphyry. The lack of true width information reduces confidence.

Positive factors

  • Part of a new grassroots discovery
  • Broad intercept length

Negative factors

  • Low silver grade for a porphyry deposit
  • True width unknown

Evidence · table

“1.73”

Context: 194.25

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

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 in Central Newfoundland covers over 90 km of strike along the Valentine Lake Fault Zone in C"

PGC-26-068Treasure Island · copperGrade: 0.28Grade Unit: %Intercept: 49.35 mView all details
Link to this fact

Identity

Hole ID
PGC-26-068
Project
Treasure Island
Commodity
copper
Region
canada_nl
Reported Region
canada_nl
Ticker
YARR

Geometry

Grade
0.28
Grade Unit
%
Intercept
49.35 m
From
240.35 m
To
289.7 m
Hole Depth
596 m
Intercept Depth
194.25 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
drill
Group ID
PGC-26-068:240.35-289.7
Mining Method
open_pit

Location

Location
Moby Dick
Easting
562451
Northing
5398587
Azimuth
345 °
Dip
-44 °
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

Deleterious

Deleterious Flag
No

Metal Equivalent

Metal Eq. Grade
1.48
Metal Eq. Unit
% Cu Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-17T00:00:00.000Z

Reasoning: This is a strong copper equivalent intercept for a porphyry deposit, part of a new discovery. While metal equivalent assumptions are disclosed, they are based on assumed recoveries, and true width is unknown.

Positive factors

  • High copper equivalent grade for a porphyry deposit
  • Significant intercept length
  • Part of a new grassroots discovery
  • Metal equivalent assumptions disclosed

Negative factors

  • True width unknown
  • Metal equivalent based on assumed recoveries

Evidence · table

“1.48”

Context: 240.35

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

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 in Central Newfoundland covers over 90 km of strike along the Valentine Lake Fault Zone in C"

PGC-26-068Treasure Island · goldGrade: 1.07Grade Unit: g/tIntercept: 49.35 mView all details
Link to this fact

Identity

Hole ID
PGC-26-068
Project
Treasure Island
Commodity
gold
Region
canada_nl
Reported Region
canada_nl
Ticker
YARR

Geometry

Grade
1.07
Grade Unit
g/t
Intercept
49.35 m
From
240.35 m
To
289.7 m
Hole Depth
596 m
Intercept Depth
194.25 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
drill
Group ID
PGC-26-068:240.35-289.7
Mining Method
open_pit

Location

Location
Moby Dick
Easting
562451
Northing
5398587
Azimuth
345 °
Dip
-44 °
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

Deleterious

Deleterious Flag
No

Metal Equivalent

Metal Eq. Grade
1.36
Metal Eq. Unit
g/t Au Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-17T00:00:00.000Z

Reasoning: This is a strong gold equivalent intercept for a porphyry deposit, part of a new discovery. While metal equivalent assumptions are disclosed, they are based on assumed recoveries, and true width is unknown.

Positive factors

  • High gold equivalent grade for a porphyry deposit
  • Significant intercept length
  • Part of a new grassroots discovery
  • Metal equivalent assumptions disclosed

Negative factors

  • True width unknown
  • Metal equivalent based on assumed recoveries

Evidence · table

“1.36”

Context: 240.35

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

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 in Central Newfoundland covers over 90 km of strike along the Valentine Lake Fault Zone in C"

PGC-26-068Treasure Island · silverGrade: 3.42Grade Unit: g/tIntercept: 49.35 mView all details
Link to this fact

Identity

Hole ID
PGC-26-068
Project
Treasure Island
Commodity
silver
Region
canada_nl
Reported Region
canada_nl
Ticker
YARR

Geometry

Grade
3.42
Grade Unit
g/t
Intercept
49.35 m
From
240.35 m
To
289.7 m
Hole Depth
596 m
Intercept Depth
194.25 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
drill
Group ID
PGC-26-068:240.35-289.7
Mining Method
open_pit

Location

Location
Moby Dick
Easting
562451
Northing
5398587
Azimuth
345 °
Dip
-44 °
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

Deleterious

Deleterious Flag
No

Metal Equivalent

Metal Eq. Grade
1.48
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-17T00:00:00.000Z

Reasoning: This included intercept is part of a new discovery and shows low silver grade. The lack of true width information reduces confidence.

Positive factors

  • Part of a new grassroots discovery
  • Included high-grade interval

Negative factors

  • Low silver grade for a porphyry deposit
  • True width unknown

Evidence · table

“3.42”

Context: 240.35

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

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 in Central Newfoundland covers over 90 km of strike along the Valentine Lake Fault Zone in C"

PGC-26-064Treasure IslandView all details
Link to this fact

Identity

Hole ID
PGC-26-064
Project
Treasure Island
Region
canada_nl
Reported Region
canada_nl
Ticker
YARR

Geometry

Hole Depth
797 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Location
Moby Dick
Easting
562724
Northing
5399556
Azimuth
145 °
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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-17T00:00:00.000Z

Reasoning: This hole is part of the new discovery and collar information is provided, but no significant assay results were reported, indicating it did not contribute to the headline mineralization.

Positive factors

  • Part of a new grassroots discovery
  • Collar information provided

Negative factors

  • No significant assay results reported for this hole
  • True width unknown

Evidence · table

“PGC-26-064”

Context: PGC-26-064

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

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 in Central Newfoundland covers over 90 km of strike along the Valentine Lake Fault Zone in C"

PGC-26-088Treasure IslandView all details
Link to this fact

Identity

Hole ID
PGC-26-088
Project
Treasure Island
Region
canada_nl
Reported Region
canada_nl
Ticker
YARR

Geometry

Hole Depth
398 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Location
Moby Dick
Easting
563987
Northing
5399342
Azimuth
340 °
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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-17T00:00:00.000Z

Reasoning: This hole is part of the new discovery and collar information is provided, but assay results are pending and the hole was abandoned early due to ground conditions, which is a negative operational factor.

Positive factors

  • Part of a new grassroots discovery
  • Collar information provided

Negative factors

  • Assay results pending
  • Hole abandoned before reaching target depth due to swelling clays
  • True width unknown

Evidence · table

“PGC-26-088”

Context: PGC-26-088

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

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 in Central Newfoundland covers over 90 km of strike along the Valentine Lake Fault Zone in C"

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.