Quadro Announces Remaining 2021 Assay Results from Staghorn, Central Newfoundland Gold District

Original announcement by tmx on

Company
Quadro Resources Ltd.
Ticker
QRO
Exchange
TSX
Region
Newfoundland
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Drill results, Other
Extracted
2026-09-16 19:28:26 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Quadro Resources has announced the remaining 2021 assay results from the Staghorn project in Newfoundland, highlighting a 200m strike extension of the Marks Pond Horizon. Key results include a high-grade 29.1 g/t Au intercept and the discovery of a new high-grade lower zone containing visible gold.

Reasoning: The release reports successful step-out drilling that extends the known strike of the Marks Pond Horizon and identifies a new high-grade lower zone, though main zone grades remain consistent with previous results.

Positive factors

  • Step-out drilling extended strike length of Marks Pond Horizon by 200m
  • Discovery of high-grade lower zone with visible gold
  • Bonanza intercept of 29.1 g/t Au

Negative factors

  • Grades of the +20m wide zone did not show improvement over earlier drilling

Facts used in scoring: 9

Classification and evidence

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: MP21-024 is described as a 200m step-out from previous drilling, extending the strike length.

Evidence · text

“200m step-out from previous drilling”

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: 29.1 g/t Au over 0.35m is exceptionally high grade for this context.

Evidence · text

“29.1 g/t Au over 0.35m”

QA/QC Disclosedpositive

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

Why it applies: Release mentions systematic insertion of standards and blanks, and uses an ISO 17025 accredited lab.

Evidence · text

“systematic insertion of certified standard reference and blank materials into each sample batch”

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: The document explicitly states that reported drill intercepts are not true widths.

Evidence · text

“Reported drill intercepts are not true widths.”

Nearology Playneutral

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

Why it applies: The project is located proximate to Marathon Gold's Valentine Lake deposits.

Evidence · text

“Marathon Gold's Valentine Lake deposits are located proximate to the Quadro claims.”

Extracted facts

Stored fact records: 9. Some facts used in scoring do not have a stored record.

Drill Results (9)

MP21-021Staghorn · goldGrade: 0.33Grade Unit: g/tIntercept: 57 mView all details
Link to this fact

Identity

Hole ID
MP21-021
Project
Staghorn
Commodity
gold
Region
canada_nl
Reported Region
canada_nl
Ticker
QRO

Geometry

Grade
0.33
Grade Unit
g/t
Intercept
57 m
From
168 m
To
255 m
Intercept Depth
168 m

Classification

Program
exploration
Sample Type
drill
Group ID
MP21-021:168-255
Mining Method
unknown

Location

Location
Marks Pond
Loc. Source
document

QA/QC

Laboratory
Actlabs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2022-01-27T00:00:00.000Z

Reasoning: Standard wide intercept at low grade.

Evidence · table

“0.33”

Context: 57

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

MP21-021Staghorn · goldGrade: 29.1Grade Unit: g/tIntercept: 0.35 mView all details
Link to this fact

Identity

Hole ID
MP21-021
Project
Staghorn
Commodity
gold
Region
canada_nl
Reported Region
canada_nl
Ticker
QRO

Geometry

Grade
29.1
Grade Unit
g/t
Intercept
0.35 m
From
222.9 m
To
223.25 m
Intercept Depth
168 m

Classification

Program
exploration
Sample Type
drill
Group ID
MP21-021:222.9-223.25
Mining Method
unknown

Location

Location
Marks Pond
Loc. Source
document

QA/QC

Laboratory
Actlabs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2022-01-27T00:00:00.000Z

Reasoning: High grade intercept with visible gold.

Positive factors

  • Bonanza grade intercept
  • Visible gold observed

Evidence · table

“29.1”

Context: 0.35

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

MP21-022Staghorn · goldGrade: 0.61Grade Unit: g/tIntercept: 7 mView all details
Link to this fact

Identity

Hole ID
MP21-022
Project
Staghorn
Commodity
gold
Region
canada_nl
Reported Region
canada_nl
Ticker
QRO

Geometry

Grade
0.61
Grade Unit
g/t
Intercept
7 m
From
156 m
To
163 m
Intercept Depth
156 m

Classification

Program
exploration
Sample Type
drill
Group ID
MP21-022:156-163
Mining Method
unknown

Location

Location
Marks Pond
Loc. Source
document

QA/QC

Laboratory
Actlabs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2022-01-27T00:00:00.000Z

Reasoning: Modest intercept.

Evidence · table

“0.61”

Context: 7

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

MP21-023Staghorn · goldGrade: 1Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
MP21-023
Project
Staghorn
Commodity
gold
Region
canada_nl
Reported Region
canada_nl
Ticker
QRO

Geometry

Grade
1
Grade Unit
g/t
Intercept
2 m
From
156 m
To
158 m
Intercept Depth
156 m

Classification

Program
exploration
Sample Type
drill
Group ID
MP21-023:156-158
Mining Method
unknown

Location

Location
Marks Pond
Loc. Source
document

QA/QC

Laboratory
Actlabs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2022-01-27T00:00:00.000Z

Reasoning: Small intercept.

Evidence · table

“1”

Context: 2

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

MP21-023Staghorn · goldGrade: 0.86Grade Unit: g/tIntercept: 14 mView all details
Link to this fact

Identity

Hole ID
MP21-023
Project
Staghorn
Commodity
gold
Region
canada_nl
Reported Region
canada_nl
Ticker
QRO

Geometry

Grade
0.86
Grade Unit
g/t
Intercept
14 m
From
210 m
To
224 m
Intercept Depth
210 m

Classification

Program
exploration
Sample Type
drill
Group ID
MP21-023:210-224
Mining Method
unknown

Location

Location
Marks Pond
Loc. Source
document

QA/QC

Laboratory
Actlabs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2022-01-27T00:00:00.000Z

Reasoning: Moderate intercept.

Evidence · table

“0.86”

Context: 14

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

MP21-023Staghorn · goldGrade: 1.95Grade Unit: g/tIntercept: 6 mView all details
Link to this fact

Identity

Hole ID
MP21-023
Project
Staghorn
Commodity
gold
Region
canada_nl
Reported Region
canada_nl
Ticker
QRO

Geometry

Grade
1.95
Grade Unit
g/t
Intercept
6 m
From
211 m
To
217 m
Intercept Depth
211 m

Classification

Program
exploration
Sample Type
drill
Group ID
MP21-023:211-217
Mining Method
unknown

Location

Location
Marks Pond
Loc. Source
document

QA/QC

Laboratory
Actlabs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2022-01-27T00:00:00.000Z

Reasoning: Decent grade and width.

Evidence · table

“1.95”

Context: 6

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

MP21-023Staghorn · goldGrade: 8.73Grade Unit: g/tIntercept: 0.75 mView all details
Link to this fact

Identity

Hole ID
MP21-023
Project
Staghorn
Commodity
gold
Region
canada_nl
Reported Region
canada_nl
Ticker
QRO

Geometry

Grade
8.73
Grade Unit
g/t
Intercept
0.75 m
From
211 m
To
211.75 m
Intercept Depth
211 m

Classification

Program
exploration
Sample Type
drill
Group ID
MP21-023:211-211.75
Mining Method
unknown

Location

Location
Marks Pond
Loc. Source
document

QA/QC

Laboratory
Actlabs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2022-01-27T00:00:00.000Z

Reasoning: High grade, very narrow.

Evidence · table

“8.73”

Context: 0.75

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

MP21-024Staghorn · goldGrade: 0.62Grade Unit: g/tIntercept: 9.7 mView all details
Link to this fact

Identity

Hole ID
MP21-024
Project
Staghorn
Commodity
gold
Region
canada_nl
Reported Region
canada_nl
Ticker
QRO

Geometry

Grade
0.62
Grade Unit
g/t
Intercept
9.7 m
From
121.3 m
To
131 m
Intercept Depth
121.3 m

Classification

Program
exploration
Sample Type
drill
Group ID
MP21-024:121.3-131
Mining Method
unknown

Location

Location
Marks Pond
Loc. Source
document

QA/QC

Laboratory
Actlabs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2022-01-27T00:00:00.000Z

Reasoning: Step-out intercept extending strike.

Positive factors

  • Step-out extension

Evidence · table

“0.62”

Context: 9.7

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

MP21-024Staghorn · goldGrade: 4.79Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
MP21-024
Project
Staghorn
Commodity
gold
Region
canada_nl
Reported Region
canada_nl
Ticker
QRO

Geometry

Grade
4.79
Grade Unit
g/t
Intercept
1 m
From
123 m
To
124 m
Intercept Depth
121.3 m

Classification

Program
exploration
Sample Type
drill
Group ID
MP21-024:123-124
Mining Method
unknown

Location

Location
Marks Pond
Loc. Source
document

QA/QC

Laboratory
Actlabs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2022-01-27T00:00:00.000Z

Reasoning: High grade narrow intercept.

Evidence · table

“4.79”

Context: 1

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

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.