Treasure Mountain Silver Project Exploration Update

Original announcement by tmx on

Company
New Destiny Mining Corp.
Ticker
NED
Exchange
TSX
Region
British Columbia
Primary commodity
Silver
Secondary commodities
Copper, Gold, Zinc
Document categories
Drill results, Other
Extracted
2026-09-12 16:08:47 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

New Destiny Mining Corp. plans to resume exploration at the Treasure Mountain Silver Project in BC this season, including trenching and drilling. The update highlights historical mineralization at the Railroad, Jim Kelly, and Rio Grande occurrences, though these results have not been verified by a Qualified Person.

Reasoning: The announcement is primarily an update on upcoming exploration plans and a summary of historical, unverified results rather than new assay data.

Positive factors

  • planned resumption of exploration work
  • project is fully permitted
  • LIDAR survey completed to aid targeting

Negative factors

  • historical results mentioned have not been verified by a QP
  • exploration restricted in previous seasons due to flooding

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 9

Classification and evidence

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: The release explicitly states that historical records have been examined but not verified by a Qualified Person.

Evidence · text

“Readers are cautioned that historical records referred to in this News Release have been examined but not verified by a Qualified Person.”

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: Elevated arsenic and antimony were noted in the Railroad occurrence samples.

Evidence · text

“with elevated arsenic (106 ppm As) and antimony (439 ppm Sb)”

Extracted facts

Stored fact records: 9. Some facts used in scoring do not have a stored record.

Drill Results (9)

Fact 1silverGrade: 264Grade Unit: g/tIntercept: 1.7 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Commodity
silver
Region
canada_bc
Reported Region
British Columbia
Ticker
NED

Geometry

Grade
264
Grade Unit
g/t
Intercept
1.7 m

Classification

Sample Type
surface

Location

Location
Railroad
Loc. Source
document

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic, antimony

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2019-01-01T00:00:00.000Z

Dates

Event date
2023-03-10T00:00:00.000Z

Reasoning: High-grade silver intercept but is historical and unverified.

Negative factors

  • unverified by QP
  • deleterious elements present

Evidence · text

“1.7 metre wide sample across the mineralization in 2019 returned values of 264 grams per tonne silver and 1.06% copper”

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

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

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

Fact 2copperGrade: 1.06Grade Unit: %Intercept: 1.7 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
NED

Geometry

Grade
1.06
Grade Unit
%
Intercept
1.7 m

Classification

Sample Type
surface

Location

Location
Railroad
Loc. Source
document

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic, antimony

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2019-01-01T00:00:00.000Z

Dates

Event date
2023-03-10T00:00:00.000Z

Reasoning: Strong copper intercept but is historical and unverified.

Negative factors

  • unverified by QP
  • deleterious elements present

Evidence · text

“1.7 metre wide sample across the mineralization in 2019 returned values of 264 grams per tonne silver and 1.06% copper”

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

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

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

Fact 3silverGrade: 116Grade Unit: ppmIntercept: 4.2 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Commodity
silver
Region
canada_bc
Reported Region
British Columbia
Ticker
NED

Geometry

Grade
116
Grade Unit
ppm
Intercept
4.2 m

Classification

Sample Type
surface

Location

Location
Railroad
Loc. Source
document

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2019-01-01T00:00:00.000Z

Dates

Event date
2023-03-10T00:00:00.000Z

Reasoning: Weighted average of historical samples.

Negative factors

  • unverified by QP

Evidence · text

“The weighted average grades for this and two consecutive mineralized samples are 116.0 ppm silver and 0.64% copper over a 4.2 metre width”

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

Fact 4copperGrade: 0.64Grade Unit: %Intercept: 4.2 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
NED

Geometry

Grade
0.64
Grade Unit
%
Intercept
4.2 m

Classification

Sample Type
surface

Location

Location
Railroad
Loc. Source
document

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2019-01-01T00:00:00.000Z

Dates

Event date
2023-03-10T00:00:00.000Z

Reasoning: Weighted average of historical samples.

Negative factors

  • unverified by QP

Evidence · text

“The weighted average grades for this and two consecutive mineralized samples are 116.0 ppm silver and 0.64% copper over a 4.2 metre width”

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

Fact 5goldGrade: 11.3Grade Unit: g/tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
NED

Geometry

Grade
11.3
Grade Unit
g/t

Classification

Sample Type
surface

Location

Location
Jim Kelly Creek
Loc. Source
document

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
low_confidence
Historical
Yes
Historical Source Date
2018-01-01T00:00:00.000Z

Dates

Event date
2023-03-10T00:00:00.000Z

Reasoning: High grade gold grab sample, but historical and unverified.

Negative factors

  • unverified by QP
  • grab sample only

Evidence · text

“a 2018 grab sample returned a result of 11.3 grams per tonne gold”

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

Fact 6silverGrade: 122Grade Unit: g/tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Commodity
silver
Region
canada_bc
Reported Region
British Columbia
Ticker
NED

Geometry

Grade
122
Grade Unit
g/t

Classification

Sample Type
surface

Location

Location
Rio Grande
Loc. Source
document

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
low_confidence
Historical
Yes
Historical Source Date
2018-01-01T00:00:00.000Z

Dates

Event date
2023-03-10T00:00:00.000Z

Reasoning: Historical grab sample results.

Negative factors

  • unverified by QP
  • grab sample only

Evidence · text

“The results ranged up to 122 grams per tonne silver, 0.4 % copper, 1.45% zinc and 0.24 grams per tonne gold”

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

Fact 7copperGrade: 0.4Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
NED

Geometry

Grade
0.4
Grade Unit
%

Classification

Sample Type
surface

Location

Location
Rio Grande
Loc. Source
document

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
low_confidence
Historical
Yes
Historical Source Date
2018-01-01T00:00:00.000Z

Dates

Event date
2023-03-10T00:00:00.000Z

Reasoning: Historical grab sample results.

Negative factors

  • unverified by QP

Evidence · text

“The results ranged up to 122 grams per tonne silver, 0.4 % copper, 1.45% zinc and 0.24 grams per tonne gold”

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

Fact 8zincGrade: 1.45Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Commodity
zinc
Region
canada_bc
Reported Region
British Columbia
Ticker
NED

Geometry

Grade
1.45
Grade Unit
%

Classification

Sample Type
surface

Location

Location
Rio Grande
Loc. Source
document

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
low_confidence
Historical
Yes
Historical Source Date
2018-01-01T00:00:00.000Z

Dates

Event date
2023-03-10T00:00:00.000Z

Reasoning: Historical grab sample results.

Negative factors

  • unverified by QP

Evidence · text

“The results ranged up to 122 grams per tonne silver, 0.4 % copper, 1.45% zinc and 0.24 grams per tonne gold”

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

Fact 9goldGrade: 0.24Grade Unit: g/tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
NED

Geometry

Grade
0.24
Grade Unit
g/t

Classification

Sample Type
surface

Location

Location
Rio Grande
Loc. Source
document

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
low_confidence
Historical
Yes
Historical Source Date
2018-01-01T00:00:00.000Z

Dates

Event date
2023-03-10T00:00:00.000Z

Reasoning: Historical grab sample results.

Negative factors

  • unverified by QP

Evidence · text

“The results ranged up to 122 grams per tonne silver, 0.4 % copper, 1.45% zinc and 0.24 grams per tonne gold”

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

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.