# Quartz to Raise $4.2 Million In Planned Equity Financing Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/quartz-to-raise-4-2-million-in-planned-equity-financing--a51d9578-05c6-4080-bc90-699a2d545f01 Original source: https://money.tmx.com/en/quote/QZM/news/5368054851111464/quartz-to-raise-4-2-million-in-planned-equity-financing Publisher: tmx Original announcement: 2025-02-14T12:45:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Quartz Mountain Resources Ltd. - Ticker: QZM - Exchange: TSX - Region: British Columbia - Primary commodity: Gold - Secondary commodities: Silver, Copper - Document categories: Drill results, Capital raise - Extracted: 2026-09-16 19:12:31 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary Quartz Mountain Resources is proposing a $4.2 million equity financing through the issuance of 10,000,000 units to fund exploration in British Columbia. The announcement also highlights high-grade gold-silver results from the Maestro project and the discovery of a new porphyry system at the Jake project. Reasoning: The company is raising capital to fund delineation drilling at two distinct discovery sites \(Maestro and Jake\) which show high-grade potential. - Positive factor: Planned $4.2M equity financing to fund exploration - Positive factor: High-grade gold-silver intercepts reported at Maestro project - Positive factor: Discovery of new porphyry copper-gold-silver system at Jake project - Negative factor: Financing involves related party transactions \(insiders\) Facts used in scoring: 7 ## 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: Qualified Person Farshad Shirmohammad, M.Sc., P.Geo. has reviewed and approved the technical information. Evidence · text > Qualified Person Farshad Shirmohammad, M.Sc., P.Geo., a "Qualified Person" within the meaning of National Instrument 43-101 - Standards of Disclosure for Minerals Projects, has reviewed and approved the scientific and technical information contained in this news release. **Bonanza Intercept** Polarity: positive Definition: Exceptionally high-grade zone, well above the deposit-type norm. Why it applies: The 586 g/t Ag intercept is exceptionally high grade. Evidence · text > 586 g/t Ag ## Extracted facts Stored fact records: 6. Some facts used in scoring do not have a stored record. ## Drill Results (6) ### PR-23-02 [Link to this fact](https://atlas-extractions.minestarters.com/news/quartz-to-raise-4-2-million-in-planned-equity-financing--a51d9578-05c6-4080-bc90-699a2d545f01#fact-drill-facts-1) Maestro · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: PR-23-02 - Project: Maestro - Commodity: gold - Region: canada\_bc - Reported Region: canada\_bc - Ticker: QZM #### Geometry - Grade: 2.22 - Grade Unit: g/t - Intercept: 102 m #### Classification - Sample Type: drill #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2023-01-01T00:00:00.000Z #### Dates - Event date: 2025-02-14T00:00:00.000Z Reasoning: Strong gold-silver intercept in an epithermal system. - Positive factor: High grade gold and silver intercepts - Positive factor: Significant width \(102m\) Evidence · text > PR-23-02 intersected 102 m grading 2.22 g/t Au #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not 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 ### PR-23-02 [Link to this fact](https://atlas-extractions.minestarters.com/news/quartz-to-raise-4-2-million-in-planned-equity-financing--a51d9578-05c6-4080-bc90-699a2d545f01#fact-drill-facts-2) Maestro · silver Historical result Needs review: historical\_restatement #### Identity - Hole ID: PR-23-02 - Project: Maestro - Commodity: silver - Region: canada\_bc - Reported Region: canada\_bc - Ticker: QZM #### Geometry - Grade: 104 - Grade Unit: g/t - Intercept: 102 m #### Classification - Sample Type: drill - Group ID: PR-23-02:0-102 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2023-01-01T00:00:00.000Z #### Dates - Event date: 2025-02-14T00:00:00.000Z Reasoning: Strong silver intercept within the same hole. - Positive factor: High grade silver intercept Evidence · text > 102 m grading 2.22 g/t Au and 104 g/t Ag #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not 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 ### PR-23-02 [Link to this fact](https://atlas-extractions.minestarters.com/news/quartz-to-raise-4-2-million-in-planned-equity-financing--a51d9578-05c6-4080-bc90-699a2d545f01#fact-drill-facts-3) Maestro · silver Historical result Needs review: historical\_restatement #### Identity - Hole ID: PR-23-02 - Project: Maestro - Commodity: silver - Region: canada\_bc - Reported Region: canada\_bc - Ticker: QZM #### Geometry - Grade: 586 - Grade Unit: g/t - Intercept: 12 m #### Classification - Sample Type: drill - Group ID: PR-23-02:0-102 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2023-01-01T00:00:00.000Z #### Dates - Event date: 2025-02-14T00:00:00.000Z Reasoning: Exceptional silver grade in a sub-interval. - Positive factor: Very high grade silver Evidence · text > including 12 m grading 1.23 g/t Au and 586 g/t Ag #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not 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 ### PR-23-02 [Link to this fact](https://atlas-extractions.minestarters.com/news/quartz-to-raise-4-2-million-in-planned-equity-financing--a51d9578-05c6-4080-bc90-699a2d545f01#fact-drill-facts-4) Maestro · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: PR-23-02 - Project: Maestro - Commodity: gold - Region: canada\_bc - Reported Region: canada\_bc - Ticker: QZM #### Geometry - Grade: 1.23 - Grade Unit: g/t - Intercept: 12 m #### Classification - Sample Type: drill - Group ID: PR-23-02:0-102 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2023-01-01T00:00:00.000Z #### Dates - Event date: 2025-02-14T00:00:00.000Z Reasoning: High grade gold in a sub-interval. - Positive factor: High grade gold in sub-interval Evidence · text > including 12 m grading 1.23 g/t Au and 586 g/t Ag #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not 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 ### PR-23-02 [Link to this fact](https://atlas-extractions.minestarters.com/news/quartz-to-raise-4-2-million-in-planned-equity-financing--a51d9578-05c6-4080-bc90-699a2d545f01#fact-drill-facts-5) Maestro · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: PR-23-02 - Project: Maestro - Commodity: gold - Region: canada\_bc - Reported Region: canada\_bc - Ticker: QZM #### Geometry - Grade: 5.73 - Grade Unit: g/t - Intercept: 36 m #### Classification - Sample Type: drill - Group ID: PR-23-02:0-102 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2023-01-01T00:00:00.000Z #### Dates - Event date: 2025-02-14T00:00:00.000Z Reasoning: High grade gold in a sub-interval. - Positive factor: High grade gold intercept Evidence · text > and also 36 m of 5.73 g/t Au and 87 g/t Ag #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not 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 ### PR-23-02 [Link to this fact](https://atlas-extractions.minestarters.com/news/quartz-to-raise-4-2-million-in-planned-equity-financing--a51d9578-05c6-4080-bc90-699a2d545f01#fact-drill-facts-6) Maestro · silver Historical result Needs review: historical\_restatement #### Identity - Hole ID: PR-23-02 - Project: Maestro - Commodity: silver - Region: canada\_bc - Reported Region: canada\_bc - Ticker: QZM #### Geometry - Grade: 87 - Grade Unit: g/t - Intercept: 36 m #### Classification - Sample Type: drill - Group ID: PR-23-02:0-102 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2023-01-01T00:00:00.000Z #### Dates - Event date: 2025-02-14T00:00:00.000Z Reasoning: High grade silver in a sub-interval. - Positive factor: High grade silver intercept Evidence · text > and also 36 m of 5.73 g/t Au and 87 g/t Ag #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not 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.