# Total Metals Completes Acquisition of Menary Gold Project Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/total-metals-completes-acquisition-of-menary-gold-project--48c73557-7c7d-4019-b63f-378a0e6fe73d Original source: https://money.tmx.com/en/quote/TT/news/8020437895149967/total-metals-completes-acquisition-of-menary-gold-project Publisher: tmx Original announcement: 2026-03-23T10:15:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Total Metals Corp. - Ticker: TT - Exchange: TSX - Region: Ontario - Primary commodity: Gold - Secondary commodities: None reported - Document categories: Drill results, Agreement transaction - Extracted: 2026-09-17 02:55:57 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Total Metals Corp. has closed the acquisition of the Menary Gold Project in Ontario, Canada. The project features high-grade grab samples up to 8,120 g/t Au and a new drill intercept of 16.99 g/t Au over 6.3m, located adjacent to Coeur Mining's Rainy River Mine. Reasoning: The company has successfully closed an acquisition of a gold project that shows high-grade surface samples and new drill intercepts, located in a tier-1 jurisdiction near a major mine. - Positive factor: Acquisition of Menary Gold Project completed - Positive factor: High-grade grab samples \(up to 8,120 g/t Au\) - Positive factor: New mineralized zone identified via drilling - Positive factor: Strategic location adjacent to Coeur's Rainy River Mine - Negative factor: Subject to 4.5% NSR royalty Facts used in scoring: 4 ## Classification and evidence **Bonanza Intercept** Polarity: positive Definition: Exceptionally high-grade zone, well above the deposit-type norm. Why it applies: Grab samples of 8,120 g/t Au and 1,885 g/t Au represent exceptionally high-grade zones. Evidence · text > Exceptional high-grade grab samples returning 8,120 g/t Au , 1,885 g/t Au , and 1,400 g/t Au **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: Drill hole MIN-11-18 identified a new, previously unknown mineralized zone at depth. Evidence · text > identifying a new, previously unknown mineralized zone at depth **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: The property borders the land package of the Rainy River Mine. Evidence · text > borders the land package of the Rainy River Mine ## Extracted facts Stored fact records: 3. Some facts used in scoring do not have a stored record. ## Drill Results (3) ### MIN-11-18 [Link to this fact](https://atlas-extractions.minestarters.com/news/total-metals-completes-acquisition-of-menary-gold-project--48c73557-7c7d-4019-b63f-378a0e6fe73d#fact-drill-facts-1) Menary · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: MIN-11-18 - Project: Menary - Commodity: gold - Region: canada\_on - Reported Region: canada\_on - Ticker: TT #### Geometry - Grade: 16.99 - Grade Unit: g/t - Intercept: 6.3 m #### Classification - Program: exploration - Sample Type: drill - Mining Method: unknown #### 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: 2011-01-01T00:00:00.000Z #### Dates - Event date: 2026-03-23T00:00:00.000Z Reasoning: New drill intercept identifying a previously unknown zone. - Positive factor: High grade intercept Evidence · text > MIN-11-18 intersected 16.99 g/t Au over 6.3 metres #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "\(" Coeur "\), contiguous with its Rainy River Mine, a ~US$7 billion acquisition of New Gold Inc." ### Fact 2 [Link to this fact](https://atlas-extractions.minestarters.com/news/total-metals-completes-acquisition-of-menary-gold-project--48c73557-7c7d-4019-b63f-378a0e6fe73d#fact-drill-facts-2) Menary · gold #### Identity - Project: Menary - Commodity: gold - Region: canada\_on - Reported Region: canada\_on - Ticker: TT #### Geometry - Grade: 243 - Grade Unit: g/t - Intercept: 1 m #### Classification - Program: exploration - Sample Type: channel - Mining Method: unknown #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-03-23T00:00:00.000Z Reasoning: High grade channel sample. - Positive factor: High grade Evidence · text > channel sampling across the shear structure returned 243.00 g/t Au over 1.0 metre #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "\(" Coeur "\), contiguous with its Rainy River Mine, a ~US$7 billion acquisition of New Gold Inc." ### Fact 3 [Link to this fact](https://atlas-extractions.minestarters.com/news/total-metals-completes-acquisition-of-menary-gold-project--48c73557-7c7d-4019-b63f-378a0e6fe73d#fact-drill-facts-3) Menary · gold #### Identity - Project: Menary - Commodity: gold - Region: canada\_on - Reported Region: canada\_on - Ticker: TT #### Geometry - Grade: 45.38 - Grade Unit: g/t - Intercept: 1 m #### Classification - Program: exploration - Sample Type: channel - Mining Method: unknown #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-03-23T00:00:00.000Z Reasoning: Lower grade channel sample. - Positive factor: Gold grade Evidence · text > 45.38 g/t Au over 1.0 metre #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "\(" Coeur "\), contiguous with its Rainy River Mine, a ~US$7 billion acquisition of New Gold Inc." ## 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.