Thunder Mountain Gold Launches 2026 Drill Program at South Mountain
Original announcement by tmx on
- Company
- Thunder Mountain Gold, Inc.
- Ticker
- THM
- Exchange
- TSX
- Region
- Idaho
- Primary commodity
- Silver
- Secondary commodities
- Zinc, Copper, Lead, Gold
- Document categories
- Resource update, Other, Drill results
- Extracted
- 2026-09-15 02:46:03 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Thunder Mountain Gold has launched a 10,000-foot exploration drilling campaign at the South Mountain Project in Idaho to expand its existing CRD massive sulfide resource. The program targets geophysical anomalies and aims to test new copper-gold targets within the district.
Reasoning: The announcement focuses on the launch of a new drill program, while restating an existing mineral resource estimate for context.
Positive factors
- Launch of new 10,000-foot drill program
- Established CRD massive sulfide resource
- Strategic land acquisitions expanding footprint
Facts used in scoring: 17
Classification and evidence
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: The release restates the South Mountain mineral resource estimate for context alongside the drill program announcement.
Evidence · table
“Table 1. South Mountain mineral resource estimate .”
Extracted facts
Stored fact records: 17. Some facts used in scoring do not have a stored record.
Drill Results (2)
Fact 1goldGrade: 0.221Grade Unit: g/tIntercept: 84 mHistorical resultNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Commodity
- gold
- Region
- usa_id
- Reported Region
- usa_id
- Ticker
- THM
Geometry
- Grade
- 0.221
- Grade Unit
- g/t
- Intercept
- 84 m
Classification
- Sample Type
- drill
QA/QC
- QA/QC Methods
- standards
Review
- Needs Review
- Yes
- Review Reason
- drill_no_hole_id
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2010-10-04T00:00:00.000Z
Dates
- Event date
- 2026-06-22T00:00:00.000Z
Reasoning: Historical RC drill result restated from 2010.
Evidence · text
“84 meters grading 0.221 g/t Au”
Tags used in scoring
No QA/QC Disclosurenegative
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The Company recently announced the purchase of 113 acres of private land contiguous with the main historic mine area."
Fact 2goldGrade: 0.289Grade Unit: g/tIntercept: 81 mHistorical resultNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Commodity
- gold
- Region
- usa_id
- Reported Region
- usa_id
- Ticker
- THM
Geometry
- Grade
- 0.289
- Grade Unit
- g/t
- Intercept
- 81 m
Classification
- Sample Type
- drill
QA/QC
- QA/QC Methods
- standards
Review
- Needs Review
- Yes
- Review Reason
- drill_no_hole_id
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2010-10-04T00:00:00.000Z
Dates
- Event date
- 2026-06-22T00:00:00.000Z
Reasoning: Historical RC drill result restated from 2010.
Evidence · text
“81 meters grading 0.289 g/t Au”
Tags used in scoring
No QA/QC Disclosurenegative
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The Company recently announced the purchase of 113 acres of private land contiguous with the main historic mine area."
Resource Estimates (15)
measuredSouth Mountain · silverTonnes: 69000Grade: 3.84Grade Unit: ounces/ tonView all detailsHide details
Identity
- Project
- South Mountain
- Commodity
- silver
- Region
- usa_id
- Reported Region
- Idaho
- Ticker
- THM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Steven A. Osterberg
- Resource group id
- resource:0bb85b8f1bc12c0afcb5
- Mining method
- underground
Resource Data
- Category
- measured
- Tonnes
- 69000
- Grade
- 3.84
- Grade Unit
- ounces/ ton
Prior Estimate
- Resource Date
- 2023-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-22T00:00:00.000Z
Reasoning: Measured silver resource component.
Evidence · table
“3.84”
Context: 69,000
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.5 years before this release
measuredSouth Mountain · goldTonnes: 69000Grade: 0.058Grade Unit: ounces/ tonView all detailsHide details
Identity
- Project
- South Mountain
- Commodity
- gold
- Region
- usa_id
- Reported Region
- Idaho
- Ticker
- THM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Steven A. Osterberg
- Resource group id
- resource:0bb85b8f1bc12c0afcb5
- Mining method
- underground
Resource Data
- Category
- measured
- Tonnes
- 69000
- Grade
- 0.058
- Grade Unit
- ounces/ ton
Prior Estimate
- Resource Date
- 2023-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-22T00:00:00.000Z
Reasoning: Measured gold resource component.
Evidence · table
“0.058”
Context: 69,000
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.5 years before this release
measuredSouth Mountain · zincTonnes: 69000Grade: 9.18Grade Unit: %View all detailsHide details
Identity
- Project
- South Mountain
- Commodity
- zinc
- Region
- usa_id
- Reported Region
- Idaho
- Ticker
- THM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Steven A. Osterberg
- Resource group id
- resource:0bb85b8f1bc12c0afcb5
- Mining method
- underground
Resource Data
- Category
- measured
- Tonnes
- 69000
- Grade
- 9.18
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2023-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-22T00:00:00.000Z
Reasoning: Measured zinc resource component.
Evidence · table
“9.18”
Context: 69,000
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.5 years before this release
measuredSouth Mountain · copperTonnes: 69000Grade: 0.6Grade Unit: %View all detailsHide details
Identity
- Project
- South Mountain
- Commodity
- copper
- Region
- usa_id
- Reported Region
- Idaho
- Ticker
- THM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Steven A. Osterberg
- Resource group id
- resource:0bb85b8f1bc12c0afcb5
- Mining method
- underground
Resource Data
- Category
- measured
- Tonnes
- 69000
- Grade
- 0.6
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2023-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-22T00:00:00.000Z
Reasoning: Measured copper resource component.
Evidence · table
“0.6”
Context: 69,000
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.5 years before this release
measuredSouth Mountain · leadTonnes: 69000Grade: 0.67Grade Unit: %View all detailsHide details
Identity
- Project
- South Mountain
- Commodity
- lead
- Region
- usa_id
- Reported Region
- Idaho
- Ticker
- THM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Steven A. Osterberg
- Resource group id
- resource:0bb85b8f1bc12c0afcb5
- Mining method
- underground
Resource Data
- Category
- measured
- Tonnes
- 69000
- Grade
- 0.67
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2023-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-22T00:00:00.000Z
Reasoning: Measured lead resource component.
Evidence · table
“0.67”
Context: 69,000
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.5 years before this release
indicatedSouth Mountain · silverTonnes: 154000Grade: 4.47Grade Unit: ounces/ tonView all detailsHide details
Identity
- Project
- South Mountain
- Commodity
- silver
- Region
- usa_id
- Reported Region
- Idaho
- Ticker
- THM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Steven A. Osterberg
- Resource group id
- resource:c65873ade6f0418c9224
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 154000
- Grade
- 4.47
- Grade Unit
- ounces/ ton
Prior Estimate
- Resource Date
- 2023-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-22T00:00:00.000Z
Reasoning: Indicated silver resource component.
Evidence · table
“4.47”
Context: 154,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.5 years before this release
indicatedSouth Mountain · goldTonnes: 154000Grade: 0.06Grade Unit: ounces/ tonView all detailsHide details
Identity
- Project
- South Mountain
- Commodity
- gold
- Region
- usa_id
- Reported Region
- Idaho
- Ticker
- THM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Steven A. Osterberg
- Resource group id
- resource:c65873ade6f0418c9224
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 154000
- Grade
- 0.06
- Grade Unit
- ounces/ ton
Prior Estimate
- Resource Date
- 2023-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-22T00:00:00.000Z
Reasoning: Indicated gold resource component.
Evidence · table
“0.06”
Context: 154,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.5 years before this release
indicatedSouth Mountain · zincTonnes: 154000Grade: 8.95Grade Unit: %View all detailsHide details
Identity
- Project
- South Mountain
- Commodity
- zinc
- Region
- usa_id
- Reported Region
- Idaho
- Ticker
- THM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Steven A. Osterberg
- Resource group id
- resource:c65873ade6f0418c9224
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 154000
- Grade
- 8.95
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2023-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-22T00:00:00.000Z
Reasoning: Indicated zinc resource component.
Evidence · table
“8.95”
Context: 154,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.5 years before this release
indicatedSouth Mountain · copperTonnes: 154000Grade: 0.66Grade Unit: %View all detailsHide details
Identity
- Project
- South Mountain
- Commodity
- copper
- Region
- usa_id
- Reported Region
- Idaho
- Ticker
- THM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Steven A. Osterberg
- Resource group id
- resource:c65873ade6f0418c9224
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 154000
- Grade
- 0.66
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2023-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-22T00:00:00.000Z
Reasoning: Indicated copper resource component.
Evidence · table
“0.66”
Context: 154,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.5 years before this release
indicatedSouth Mountain · leadTonnes: 154000Grade: 1.06Grade Unit: %View all detailsHide details
Identity
- Project
- South Mountain
- Commodity
- lead
- Region
- usa_id
- Reported Region
- Idaho
- Ticker
- THM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Steven A. Osterberg
- Resource group id
- resource:c65873ade6f0418c9224
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 154000
- Grade
- 1.06
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2023-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-22T00:00:00.000Z
Reasoning: Indicated lead resource component.
Evidence · table
“1.06”
Context: 154,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.5 years before this release
inferredSouth Mountain · silverTonnes: 959000Grade: 5.67Grade Unit: ounces/ tonView all detailsHide details
Identity
- Project
- South Mountain
- Commodity
- silver
- Region
- usa_id
- Reported Region
- Idaho
- Ticker
- THM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Steven A. Osterberg
- Resource group id
- resource:499be0088010211455c4
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 959000
- Grade
- 5.67
- Grade Unit
- ounces/ ton
Prior Estimate
- Resource Date
- 2023-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-22T00:00:00.000Z
Reasoning: Inferred silver resource component.
Evidence · table
“5.67”
Context: 959,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.5 years before this release
inferredSouth Mountain · goldTonnes: 959000Grade: 0.037Grade Unit: ounces/ tonView all detailsHide details
Identity
- Project
- South Mountain
- Commodity
- gold
- Region
- usa_id
- Reported Region
- Idaho
- Ticker
- THM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Steven A. Osterberg
- Resource group id
- resource:499be0088010211455c4
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 959000
- Grade
- 0.037
- Grade Unit
- ounces/ ton
Prior Estimate
- Resource Date
- 2023-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-22T00:00:00.000Z
Reasoning: Inferred gold resource component.
Evidence · table
“0.037”
Context: 959,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.5 years before this release
inferredSouth Mountain · zincTonnes: 959000Grade: 7.56Grade Unit: %View all detailsHide details
Identity
- Project
- South Mountain
- Commodity
- zinc
- Region
- usa_id
- Reported Region
- Idaho
- Ticker
- THM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Steven A. Osterberg
- Resource group id
- resource:499be0088010211455c4
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 959000
- Grade
- 7.56
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2023-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-22T00:00:00.000Z
Reasoning: Inferred zinc resource component.
Evidence · table
“7.56”
Context: 959,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.5 years before this release
inferredSouth Mountain · copperTonnes: 959000Grade: 0.8Grade Unit: %View all detailsHide details
Identity
- Project
- South Mountain
- Commodity
- copper
- Region
- usa_id
- Reported Region
- Idaho
- Ticker
- THM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Steven A. Osterberg
- Resource group id
- resource:499be0088010211455c4
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 959000
- Grade
- 0.8
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2023-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-22T00:00:00.000Z
Reasoning: Inferred copper resource component.
Evidence · table
“0.8”
Context: 959,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.5 years before this release
inferredSouth Mountain · leadTonnes: 959000Grade: 1.06Grade Unit: %View all detailsHide details
Identity
- Project
- South Mountain
- Commodity
- lead
- Region
- usa_id
- Reported Region
- Idaho
- Ticker
- THM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Steven A. Osterberg
- Resource group id
- resource:499be0088010211455c4
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 959000
- Grade
- 1.06
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2023-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-22T00:00:00.000Z
Reasoning: Inferred lead resource component.
Evidence · table
“1.06”
Context: 959,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.5 years before this release
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.