# Quadro Intersects 20.37 g/t Au over 0.5 m and 3.89 g/t Au over 2.5 m in Undercut Drill Holes at Staghorn Gold Project in the Central Newfoundland Gold Belt

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/quadro-intersects-20-37-g-t-au-over-0-5-m-and-3-89-g-t-au-over-2-5-m-in-undercut--cf5d96bc-101a-4d5b-9f4b-f3316dee08d0

Original source: https://money.tmx.com/en/quote/QRO/news/5524004789072602/quadro-intersects-20-37-g-t-au-over-0-5-m-and-3-89-g-t-au-over-2-5-m-in-undercut

Publisher: tmx

Original announcement: 2021-05-25T12:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- 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 20:04:39 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Quadro Resources completed a winter drill program at the Staghorn Gold Project, successfully extending the Marks Pond Zone by 300m to the northeast. Notable intercepts include 20.37 g/t Au over 0.5m in hole MP21-18 and 3.89 g/t Au over 2.5m in hole MP21-20.

Reasoning: The drill program successfully extended the Marks Pond zone by 300m and intersected high-grade gold via undercutting, demonstrating successful exploration vectoring.

- Positive factor: High-grade gold intercepts \(20.37 g/t Au\)

- Positive factor: Successful step-out drilling extending mineralization 300m

- Positive factor: Successful vectoring into higher grade zones via undercutting

- Positive factor: QA/QC protocols and ISO 17025 lab accreditation disclosed

- Negative factor: All widths are drill intervals \(apparent widths\), not true widths

Facts used in scoring: 13

## Classification and evidence

**Bonanza Intercept**

Polarity: positive

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

Why it applies: 20.37 g/t Au is exceptionally high for an exploration target.

Evidence · text

> MP21-18 intersected 20.37 g/t Au over 0.5m

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: Drilling extended the Marks Pond Zone 300 meters to the northeast.

Evidence · text

> The drilling was successful in extending the Marks Pond Zone 300 meters to the northeast.

**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: Release mentions systematic insertion of standards and blanks and ISO 17025 accreditation.

Evidence · text

> Quadro maintains strict quality assurance/quality control protocols including the systematic insertion of certified standard reference and blank materials

**Apparent Width Only**

Polarity: negative

Definition: 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 all widths are drill intervals and not true widths.

Evidence · text

> Note - All widths quoted are drill intervals and not true widths

**Nearology Play**

Polarity: neutral

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

Why it applies: Project is located within the Cape Ray Fault Corridor near Marathon Gold's Valentine Lake deposits.

Evidence · text

> The Staghorn claims are located within the auriferous "Cape Ray Fault Corridor", 30 km southwest of Marathon Gold's Valentine Lake deposits.

## Extracted facts

Stored fact records: 13. Some facts used in scoring do not have a stored record.

## Drill Results (13)

### MP21-11

[Link to this fact](https://atlas-extractions.minestarters.com/news/quadro-intersects-20-37-g-t-au-over-0-5-m-and-3-89-g-t-au-over-2-5-m-in-undercut--cf5d96bc-101a-4d5b-9f4b-f3316dee08d0#fact-drill-facts-0)

Staghorn · gold

#### Identity

- Hole ID: MP21-11
- Project: Staghorn
- Commodity: gold
- Region: canada\_nl
- Reported Region: canada\_nl
- Ticker: QRO

#### Geometry

- Grade: 1.5
- Grade Unit: g/t
- Intercept: 1.5 m
- From: 59.5 m
- To: 62 m
- Intercept Depth: 59.5 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: MP21-11:59.5-62

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

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

#### Dates

- Event date: 2021-05-25T00:00:00.000Z

Reasoning: Routine intercept.

Evidence · table

> 1.50

Context: 1.5

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### MP22-12

[Link to this fact](https://atlas-extractions.minestarters.com/news/quadro-intersects-20-37-g-t-au-over-0-5-m-and-3-89-g-t-au-over-2-5-m-in-undercut--cf5d96bc-101a-4d5b-9f4b-f3316dee08d0#fact-drill-facts-1)

Staghorn · gold

#### Identity

- Hole ID: MP22-12
- Project: Staghorn
- Commodity: gold
- Region: canada\_nl
- Reported Region: canada\_nl
- Ticker: QRO

#### Geometry

- Grade: 2.42
- Grade Unit: g/t
- Intercept: 3 m
- From: 48 m
- To: 51 m
- Intercept Depth: 48 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: MP22-12:48-51

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

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

#### Dates

- Event date: 2021-05-25T00:00:00.000Z

Reasoning: Moderate grade intercept.

Evidence · table

> 2.42

Context: 3.0

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### MP21-13

[Link to this fact](https://atlas-extractions.minestarters.com/news/quadro-intersects-20-37-g-t-au-over-0-5-m-and-3-89-g-t-au-over-2-5-m-in-undercut--cf5d96bc-101a-4d5b-9f4b-f3316dee08d0#fact-drill-facts-2)

Staghorn · gold

#### Identity

- Hole ID: MP21-13
- Project: Staghorn
- Commodity: gold
- Region: canada\_nl
- Reported Region: canada\_nl
- Ticker: QRO

#### Geometry

- Grade: 0.54
- Grade Unit: g/t
- Intercept: 8 m
- From: 65 m
- To: 73 m
- Intercept Depth: 65 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: MP21-13:65-73

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

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

#### Dates

- Event date: 2021-05-25T00:00:00.000Z

Reasoning: Low grade intercept.

Evidence · table

> 0.54

Context: 8.0

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### MP21-14

[Link to this fact](https://atlas-extractions.minestarters.com/news/quadro-intersects-20-37-g-t-au-over-0-5-m-and-3-89-g-t-au-over-2-5-m-in-undercut--cf5d96bc-101a-4d5b-9f4b-f3316dee08d0#fact-drill-facts-3)

Staghorn · gold

#### Identity

- Hole ID: MP21-14
- Project: Staghorn
- Commodity: gold
- Region: canada\_nl
- Reported Region: canada\_nl
- Ticker: QRO

#### Geometry

- Grade: 1.15
- Grade Unit: g/t
- Intercept: 1.5 m
- From: 80 m
- To: 81.5 m
- Intercept Depth: 80 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: MP21-14:80-81.5

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

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

#### Dates

- Event date: 2021-05-25T00:00:00.000Z

Reasoning: Routine intercept.

Evidence · table

> 1.15

Context: 1.5

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### MP21-15

[Link to this fact](https://atlas-extractions.minestarters.com/news/quadro-intersects-20-37-g-t-au-over-0-5-m-and-3-89-g-t-au-over-2-5-m-in-undercut--cf5d96bc-101a-4d5b-9f4b-f3316dee08d0#fact-drill-facts-4)

Staghorn · gold

#### Identity

- Hole ID: MP21-15
- Project: Staghorn
- Commodity: gold
- Region: canada\_nl
- Reported Region: canada\_nl
- Ticker: QRO

#### Geometry

- Grade: 2.32
- Grade Unit: g/t
- Intercept: 1.55 m
- From: 93 m
- To: 94.55 m
- Intercept Depth: 93 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: MP21-15:93-94.55

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

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

#### Dates

- Event date: 2021-05-25T00:00:00.000Z

Reasoning: Moderate grade intercept.

Evidence · table

> 2.32

Context: 1.55

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### MP21-16

[Link to this fact](https://atlas-extractions.minestarters.com/news/quadro-intersects-20-37-g-t-au-over-0-5-m-and-3-89-g-t-au-over-2-5-m-in-undercut--cf5d96bc-101a-4d5b-9f4b-f3316dee08d0#fact-drill-facts-5)

Staghorn · gold

#### Identity

- Hole ID: MP21-16
- Project: Staghorn
- Commodity: gold
- Region: canada\_nl
- Reported Region: canada\_nl
- Ticker: QRO

#### Geometry

- Grade: 2.41
- Grade Unit: g/t
- Intercept: 2 m
- From: 6 m
- To: 8 m
- Intercept Depth: 6 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: MP21-16:6-8

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

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

#### Dates

- Event date: 2021-05-25T00:00:00.000Z

Reasoning: Moderate grade intercept.

Evidence · table

> 2.41

Context: 2.0

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### MP21-17

[Link to this fact](https://atlas-extractions.minestarters.com/news/quadro-intersects-20-37-g-t-au-over-0-5-m-and-3-89-g-t-au-over-2-5-m-in-undercut--cf5d96bc-101a-4d5b-9f4b-f3316dee08d0#fact-drill-facts-6)

Staghorn · gold

#### Identity

- Hole ID: MP21-17
- Project: Staghorn
- Commodity: gold
- Region: canada\_nl
- Reported Region: canada\_nl
- Ticker: QRO

#### Geometry

- Grade: 1.13
- Grade Unit: g/t
- Intercept: 6.53 m
- From: 59.47 m
- To: 66 m
- Intercept Depth: 59.47 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: MP21-17:59.47-66

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

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

#### Dates

- Event date: 2021-05-25T00:00:00.000Z

Reasoning: Routine intercept.

Evidence · table

> 1.13

Context: 6.53

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### MP21-17

[Link to this fact](https://atlas-extractions.minestarters.com/news/quadro-intersects-20-37-g-t-au-over-0-5-m-and-3-89-g-t-au-over-2-5-m-in-undercut--cf5d96bc-101a-4d5b-9f4b-f3316dee08d0#fact-drill-facts-7)

Staghorn · gold

#### Identity

- Hole ID: MP21-17
- Project: Staghorn
- Commodity: gold
- Region: canada\_nl
- Reported Region: canada\_nl
- Ticker: QRO

#### Geometry

- Grade: 4.57
- Grade Unit: g/t
- Intercept: 1.53 m
- From: 59.47 m
- To: 61 m
- Intercept Depth: 59.47 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: MP21-17:59.47-61

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

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

#### Dates

- Event date: 2021-05-25T00:00:00.000Z

Reasoning: Higher grade sub-interval.

Evidence · table

> 4.57

Context: 1.53

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### MP20-18

[Link to this fact](https://atlas-extractions.minestarters.com/news/quadro-intersects-20-37-g-t-au-over-0-5-m-and-3-89-g-t-au-over-2-5-m-in-undercut--cf5d96bc-101a-4d5b-9f4b-f3316dee08d0#fact-drill-facts-8)

Staghorn · gold

#### Identity

- Hole ID: MP20-18
- Project: Staghorn
- Commodity: gold
- Region: canada\_nl
- Reported Region: canada\_nl
- Ticker: QRO

#### Geometry

- Grade: 0.53
- Grade Unit: g/t
- Intercept: 23.85 m
- From: 79.65 m
- To: 103.3 m
- Intercept Depth: 79.65 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: MP20-18:79.65-103.3

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

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

#### Dates

- Event date: 2021-05-25T00:00:00.000Z

Reasoning: Wide, low-grade intercept.

Evidence · table

> 0.53

Context: 23.85

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### MP20-18

[Link to this fact](https://atlas-extractions.minestarters.com/news/quadro-intersects-20-37-g-t-au-over-0-5-m-and-3-89-g-t-au-over-2-5-m-in-undercut--cf5d96bc-101a-4d5b-9f4b-f3316dee08d0#fact-drill-facts-9)

Staghorn · gold

#### Identity

- Hole ID: MP20-18
- Project: Staghorn
- Commodity: gold
- Region: canada\_nl
- Reported Region: canada\_nl
- Ticker: QRO

#### Geometry

- Grade: 20.37
- Grade Unit: g/t
- Intercept: 0.5 m
- From: 82 m
- To: 82.5 m
- Intercept Depth: 82 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: MP20-18:82-82.5

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

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

#### Dates

- Event date: 2021-05-25T00:00:00.000Z

Reasoning: Bonanza grade intercept.

- Positive factor: High-grade intercept

Evidence · table

> 20.37

Context: 0.5

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### MP21-19

[Link to this fact](https://atlas-extractions.minestarters.com/news/quadro-intersects-20-37-g-t-au-over-0-5-m-and-3-89-g-t-au-over-2-5-m-in-undercut--cf5d96bc-101a-4d5b-9f4b-f3316dee08d0#fact-drill-facts-10)

Staghorn · gold

#### Identity

- Hole ID: MP21-19
- Project: Staghorn
- Commodity: gold
- Region: canada\_nl
- Reported Region: canada\_nl
- Ticker: QRO

#### Geometry

- Grade: 1.46
- Grade Unit: g/t
- Intercept: 3 m
- From: 77 m
- To: 80 m
- Intercept Depth: 77 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: MP21-19:77-80

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

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

#### Dates

- Event date: 2021-05-25T00:00:00.000Z

Reasoning: Routine intercept.

Evidence · table

> 1.46

Context: 3.0

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### MP21-20

[Link to this fact](https://atlas-extractions.minestarters.com/news/quadro-intersects-20-37-g-t-au-over-0-5-m-and-3-89-g-t-au-over-2-5-m-in-undercut--cf5d96bc-101a-4d5b-9f4b-f3316dee08d0#fact-drill-facts-11)

Staghorn · gold

#### Identity

- Hole ID: MP21-20
- Project: Staghorn
- Commodity: gold
- Region: canada\_nl
- Reported Region: canada\_nl
- Ticker: QRO

#### Geometry

- Grade: 1.23
- Grade Unit: g/t
- Intercept: 15 m
- From: 109 m
- To: 124 m
- Intercept Depth: 109 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: MP21-20:109-124

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

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

#### Dates

- Event date: 2021-05-25T00:00:00.000Z

Reasoning: Wide, moderate-grade intercept.

Evidence · table

> 1.23

Context: 15.0

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### MP21-20

[Link to this fact](https://atlas-extractions.minestarters.com/news/quadro-intersects-20-37-g-t-au-over-0-5-m-and-3-89-g-t-au-over-2-5-m-in-undercut--cf5d96bc-101a-4d5b-9f4b-f3316dee08d0#fact-drill-facts-12)

Staghorn · gold

#### Identity

- Hole ID: MP21-20
- Project: Staghorn
- Commodity: gold
- Region: canada\_nl
- Reported Region: canada\_nl
- Ticker: QRO

#### Geometry

- Grade: 3.89
- Grade Unit: g/t
- Intercept: 2.5 m
- From: 114 m
- To: 116.5 m
- Intercept Depth: 114 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: MP21-20:114-116.5

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

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

#### Dates

- Event date: 2021-05-25T00:00:00.000Z

Reasoning: Strong grade sub-interval.

Evidence · table

> 3.89

Context: 2.5

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

## 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.