# Power Group Provides an Update on Exploration Activities for the Muddy Gullies Property

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/power-group-provides-an-update-on-exploration-activities-for-the-muddy-gullies-p--5d3df29a-f26a-4a7b-bcc0-760ddc311deb

Original source: https://money.tmx.com/en/quote/PGP/news/7624587853609720/power-group-provides-an-update-on-exploration-activities-for-the-muddy-gullies-p

Publisher: tmx

Original announcement: 2022-10-11T21:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Power Group Projects Corp.

- Ticker: PGP

- Exchange: TSX

- Region: Newfoundland and Labrador

- Primary commodity: Platinum

- Secondary commodities: Palladium, Gold, Copper

- Document categories: Metallurgy, Drill results, Other

- Extracted: 2026-09-12 19:14:59 UTC

Narrative sentiment: 0.40 · Bullish

## Minestarters Atlas summary

Power Group Projects Corp. has completed mapping, sampling, and geophysical surveys at the Muddy Gullies Property in Newfoundland and Labrador. Surface pyroxenite samples returned platinum and palladium grades, and magnetic survey interpretation has identified four high-priority drill targets for a planned 1,000-metre program.

Reasoning: The release reports surface sampling results and geophysical survey updates that identify new drill targets, but does not report new drill intercepts.

- Positive factor: identification of pyroxenite outcrop

- Positive factor: presence of Pt and Pd in samples

- Positive factor: identification of four high priority drill targets

- Positive factor: permits in place for upcoming drilling

- Negative factor: grades are low-grade surface samples

Facts used in scoring: 2

## Classification and evidence

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: The release mentions analysis by ALS Canada Ltd using PGM-ICP23 method and is reviewed by a QP.

Evidence · text

> Qualified Person Chris M. Healey, P.Geo... has reviewed and approved the scientific and technical information

**Nearology Play**

Polarity: neutral

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

Why it applies: The company mentions the property is host to several historical platinum, palladium, copper and gold showings.

Evidence · text

> The Property is host to several historical platinum, palladium, copper and gold showings

**Single Domain Only**

Polarity: negative

Definition: Testing limited to one composite or domain — representativeness not established.

Why it applies: only one composite was tested

## Extracted facts

Stored fact records: 2. Some facts used in scoring do not have a stored record.

## Metallurgical Results (2)

### Fact 1

[Link to this fact](https://atlas-extractions.minestarters.com/news/power-group-provides-an-update-on-exploration-activities-for-the-muddy-gullies-p--5d3df29a-f26a-4a7b-bcc0-760ddc311deb#fact-metallurgical-facts-0)

platinum

#### Identity

- Commodity: platinum
- Region: canada\_nl
- Reported Region: Newfoundland and Labrador
- Ticker: PGP

#### Test Work

- Sample: Thirty-one samples of pyroxenite

#### Lab

- Laboratory: ALS Canada Ltd

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2022-10-11T00:00:00.000Z

Reasoning: Average grade of 0.064 ppm Pt from surface pyroxenite samples.

- Positive factor: confirms potential for Pt mineralization

- Negative factor: low grade surface sampling

Evidence · text

> analytical results ranged from 0.007 to 0.299 ppm Pt \(average 0.064 ppm\)

### Fact 2

[Link to this fact](https://atlas-extractions.minestarters.com/news/power-group-provides-an-update-on-exploration-activities-for-the-muddy-gullies-p--5d3df29a-f26a-4a7b-bcc0-760ddc311deb#fact-metallurgical-facts-1)

palladium

#### Identity

- Commodity: palladium
- Region: canada\_nl
- Reported Region: Newfoundland and Labrador
- Ticker: PGP

#### Test Work

- Sample: Thirty-one samples of pyroxenite

#### Lab

- Laboratory: ALS Canada Ltd

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2022-10-11T00:00:00.000Z

Reasoning: Average grade of 0.077 ppm Pd from surface pyroxenite samples.

- Positive factor: confirms potential for Pd mineralization

- Negative factor: low grade surface sampling

Evidence · text

> 0.003 to 0.407 ppm Pd \(average 0.077 ppm\)

## 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.