# Quadro Options Its Staghorn Central Newfoundland Gold Property to TRU Precious Metals Corp. Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/quadro-options-its-staghorn-central-newfoundland-gold-property-to-tru-precious-m--8de7b139-6fe2-4c5f-988b-c308ce733927 Original source: https://money.tmx.com/en/quote/QRO/news/7795361242897501/quadro-options-its-staghorn-central-newfoundland-gold-property-to-tru-precious-m Publisher: tmx Original announcement: 2022-06-16T11:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Quadro Resources Ltd. - Ticker: QRO - Exchange: TSX - Region: Newfoundland and Labrador - Primary commodity: Gold - Secondary commodities: None reported - Document categories: Drill results, Agreement transaction - Extracted: 2026-09-16 19:23:31 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Quadro Resources Ltd. has signed an option agreement with TRU Precious Metals Corp. for its Staghorn gold property in Newfoundland and Labrador, allowing TRU to earn up to a 65% interest. The agreement includes significant exploration and drilling commitments totaling over $1.1 million. The release also highlights recent high-grade drill results, including 29.1 g/t Au over 0.35 m, which discovered a new high-grade lower zone. Reasoning: The announcement details a significant transaction where TRU Precious Metals Corp. options into a 65% interest in the Staghorn gold property, backed by substantial drilling and exploration commitments. The release also highlights recent high-grade drill results that demonstrate continuity and new mineralization. - Positive factor: Strategic option agreement for Staghorn property - Positive factor: Significant exploration expenditure commitments from TRU - Positive factor: High-grade discovery in lower zone with visible gold - Positive factor: Extension of Marks Pond Gold Horizon Facts used in scoring: 11 ## Classification and evidence **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: Drilling extended the Marks Pond Horizon 200 m to the southwest. Evidence · text > extending the Marks Pond Horizon 200 m to the southwest **Bonanza Intercept** Polarity: positive Definition: Exceptionally high-grade zone, well above the deposit-type norm. Why it applies: 29.1 g/t Au over 0.35 m is exceptionally high grade for the context. Evidence · text > 29.1 g/t Au over 0.35 m **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 uses an ISO 17025 accredited lab. Evidence · text > systematic insertion of certified standard reference and blank materials into each sample batch. Analyses in this release were performed by Actlabs of Ancaster, ON, with ISO 17025 accreditation. **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: The property is contiguous to TRU's Golden Rose Project. Evidence · text > TRU's existing claim package of its Golden Rose Project is contiguous to the Staghorn claims ## Extracted facts Stored fact records: 10. Some facts used in scoring do not have a stored record. ## Drill Results (10) ### Fact 1 [Link to this fact](https://atlas-extractions.minestarters.com/news/quadro-options-its-staghorn-central-newfoundland-gold-property-to-tru-precious-m--8de7b139-6fe2-4c5f-988b-c308ce733927#fact-drill-facts-1) Staghorn · gold Needs review: drill\_no\_hole\_id #### Identity - 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 #### Classification - Sample Type: drill #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, blanks #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2022-06-16T00:00:00.000Z Reasoning: Exceptional high-grade intercept in a new lower zone. - Positive factor: High grade - Positive factor: Visible gold Evidence · text > 29.1 g/t Au over 0.35 m within a 57.0 m wide zone grading 0.33 g/t Au #### 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 ### Fact 2 [Link to this fact](https://atlas-extractions.minestarters.com/news/quadro-options-its-staghorn-central-newfoundland-gold-property-to-tru-precious-m--8de7b139-6fe2-4c5f-988b-c308ce733927#fact-drill-facts-2) Staghorn · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Staghorn - Commodity: gold - Region: canada\_nl - Reported Region: canada\_nl - Ticker: QRO #### Geometry - Grade: 1.95 - Grade Unit: g/t - Intercept: 6 m #### Classification - Sample Type: drill #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, blanks #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2022-06-16T00:00:00.000Z Reasoning: Solid intercept contributing to continuity. - Positive factor: Good grade and width Evidence · text > 1.95g/t Au over 6 m #### 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 ### Fact 3 [Link to this fact](https://atlas-extractions.minestarters.com/news/quadro-options-its-staghorn-central-newfoundland-gold-property-to-tru-precious-m--8de7b139-6fe2-4c5f-988b-c308ce733927#fact-drill-facts-3) Staghorn · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Staghorn - Commodity: gold - Region: canada\_nl - Reported Region: canada\_nl - Ticker: QRO #### Geometry - Grade: 1.1 - Grade Unit: g/t - Intercept: 5 m #### Classification - Sample Type: drill #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, blanks #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2022-06-16T00:00:00.000Z Reasoning: Solid intercept contributing to continuity. - Positive factor: Good grade and width Evidence · text > 1.1 g/t Au over 5.0 m including 1.8 g/t Au over 3.0 m #### 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 ### Fact 4 [Link to this fact](https://atlas-extractions.minestarters.com/news/quadro-options-its-staghorn-central-newfoundland-gold-property-to-tru-precious-m--8de7b139-6fe2-4c5f-988b-c308ce733927#fact-drill-facts-4) Staghorn · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Staghorn - Commodity: gold - Region: canada\_nl - Reported Region: canada\_nl - Ticker: QRO #### Geometry - Grade: 1.8 - Grade Unit: g/t - Intercept: 3 m #### Classification - Sample Type: drill #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, blanks #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2022-06-16T00:00:00.000Z Reasoning: Solid intercept contributing to continuity. - Positive factor: Good grade and width Evidence · text > 1.8 g/t Au over 3.0 m #### 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 ### Fact 5 [Link to this fact](https://atlas-extractions.minestarters.com/news/quadro-options-its-staghorn-central-newfoundland-gold-property-to-tru-precious-m--8de7b139-6fe2-4c5f-988b-c308ce733927#fact-drill-facts-5) Staghorn · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Staghorn - Commodity: gold - Region: canada\_nl - Reported Region: canada\_nl - Ticker: QRO #### Geometry - Grade: 3.22 - Grade Unit: g/t - Intercept: 5 m #### Classification - Sample Type: drill #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, blanks #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2022-06-16T00:00:00.000Z Reasoning: Solid intercept from late 2020 drilling. - Positive factor: Good grade and width Evidence · text > intersected a gold zone assaying 3.22 g/t Au over 5.0 m #### 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 ### Fact 6 [Link to this fact](https://atlas-extractions.minestarters.com/news/quadro-options-its-staghorn-central-newfoundland-gold-property-to-tru-precious-m--8de7b139-6fe2-4c5f-988b-c308ce733927#fact-drill-facts-6) Staghorn · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Staghorn - Commodity: gold - Region: canada\_nl - Reported Region: canada\_nl - Ticker: QRO #### Geometry - Grade: 1.98 - Grade Unit: g/t - Intercept: 12 m #### Classification - Sample Type: drill #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, blanks #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2022-06-16T00:00:00.000Z Reasoning: Solid intercept contributing to continuity. - Positive factor: Good grade and width Evidence · text > within a wider intersection of 1.98 g/t Au over 12.0 m #### 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 ### Fact 7 [Link to this fact](https://atlas-extractions.minestarters.com/news/quadro-options-its-staghorn-central-newfoundland-gold-property-to-tru-precious-m--8de7b139-6fe2-4c5f-988b-c308ce733927#fact-drill-facts-7) Staghorn · gold Needs review: drill\_no\_hole\_id #### Identity - 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 #### Classification - Sample Type: drill #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, blanks #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2022-06-16T00:00:00.000Z Reasoning: High grade intercept in undercut drill holes. - Positive factor: High grade Evidence · text > intersected 20.37 g/t Au over 0.5 m #### 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 ### Fact 8 [Link to this fact](https://atlas-extractions.minestarters.com/news/quadro-options-its-staghorn-central-newfoundland-gold-property-to-tru-precious-m--8de7b139-6fe2-4c5f-988b-c308ce733927#fact-drill-facts-8) Staghorn · gold Needs review: drill\_no\_hole\_id #### Identity - 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 #### Classification - Sample Type: drill #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, blanks #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2022-06-16T00:00:00.000Z Reasoning: Solid intercept contributing to continuity. - Positive factor: Good grade and width Evidence · text > 3.89 g/t Au over 2.5 m #### 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 ### MP20-02 [Link to this fact](https://atlas-extractions.minestarters.com/news/quadro-options-its-staghorn-central-newfoundland-gold-property-to-tru-precious-m--8de7b139-6fe2-4c5f-988b-c308ce733927#fact-drill-facts-9) Staghorn · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: MP20-02 - Project: Staghorn - Commodity: gold - Region: canada\_nl - Reported Region: canada\_nl - Ticker: QRO #### Geometry - Grade: 10.1 - Grade Unit: g/t - Intercept: 1 m #### Classification - Sample Type: drill #### Location - Location: Lower Zone - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, blanks #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2020-01-01T00:00:00.000Z #### Dates - Event date: 2022-06-16T00:00:00.000Z Reasoning: Discovery of a new gold zone at Marks Pond. - Positive factor: High grade Evidence · text > hole MP20-02 intersected 10.1 g/t over 1.0m #### 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 ### MP20-02 [Link to this fact](https://atlas-extractions.minestarters.com/news/quadro-options-its-staghorn-central-newfoundland-gold-property-to-tru-precious-m--8de7b139-6fe2-4c5f-988b-c308ce733927#fact-drill-facts-10) Staghorn · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: MP20-02 - Project: Staghorn - Commodity: gold - Region: canada\_nl - Reported Region: canada\_nl - Ticker: QRO #### Geometry - Grade: 3.22 - Grade Unit: g/t - Intercept: 5 m #### Classification - Sample Type: drill #### Location - Location: Lower Zone - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, blanks #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2020-01-01T00:00:00.000Z #### Dates - Event date: 2022-06-16T00:00:00.000Z Reasoning: Solid intercept contributing to continuity. - Positive factor: Good grade and width Evidence · text > 3.22 g/t Au over 5.0 m #### 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.