Zodiac Gold Commences Inaugural Drilling of up to 5,000m at Lewis Target, Todi Gold Project, Liberia
Original announcement by tmx on
- Company
- Zodiac Gold Inc.
- Ticker
- ZAU
- Exchange
- TSX
- Region
- Liberia
- Primary commodity
- Gold
- Secondary commodities
- Iron ore
- Document categories
- Drill results, Other
- Extracted
- 2026-09-17 06:32:36 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Zodiac Gold has commenced an inaugural diamond drilling program of up to 5,000m at the Lewis target within its Todi Gold Project in Liberia. Recent trenching at the target has confirmed near-surface gold mineralization, including an intercept of 30m at 1.04 g/t Au.
Reasoning: The announcement marks the start of a significant drilling program at a new target, supported by encouraging surface trenching results, though the project remains in the early exploration stage.
Positive factors
- Commencement of inaugural drilling at a new target (Lewis)
- Trenching results confirm near-surface gold mineralization
- Systematic exploration approach along a 16km trend
Negative factors
- Trenching results are apparent widths, not true widths
- Early-stage exploration with no drill results yet
Facts used in scoring: 6
Classification and evidence
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: Release includes sign-off by a Qualified Person (Tom Dowrick) and mentions assay protocols (0.1 g/t Au cutoff).
Evidence · text
“Qualified Person Tom Dowrick, Director of Exploration at Zodiac Gold, is a Chartered Geologist of the Geological Society of London and a Qualified Person as defined by National Instrument 43-101.”
Apparent Width Onlynegative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Why it applies: Trenching results are explicitly stated as intervals rather than true thicknesses.
Evidence · text
“Intervals are trenched rather than true thicknesses. True thicknesses cannot be accurately estimated given the early stage of exploration.”
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: Drilling is targeting the Lewis target, the third target to be tested along the Monterra Trend.
Evidence · text
“The Lewis target becomes the third target to be drill tested along the Monterra Trend”
Extracted facts
Stored fact records: 6. Some facts used in scoring do not have a stored record.
Drill Results (6)
Fact 1Todi · goldGrade: 1.04Grade Unit: g/tIntercept: 30 mView all detailsHide details
Identity
- Project
- Todi
- Commodity
- gold
- Region
- liberia
- Reported Region
- liberia
- Ticker
- ZAU
Geometry
- Grade
- 1.04
- Grade Unit
- g/t
- Intercept
- 30 m
Classification
- Sample Type
- channel
Location
- Location
- Lewis target
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-07-27T00:00:00.000Z
Reasoning: Strong near-surface intercept from trenching.
Positive factors
- High-grade near-surface intercept
Negative factors
- Apparent width only
Evidence · text
“Trenching at the Lewis target returned 30 metres at 1.04 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
Fact 2Todi · goldGrade: 0.51Grade Unit: g/tIntercept: 84 mView all detailsHide details
Identity
- Project
- Todi
- Commodity
- gold
- Region
- liberia
- Reported Region
- liberia
- Ticker
- ZAU
Geometry
- Grade
- 0.51
- Grade Unit
- g/t
- Intercept
- 84 m
Classification
- Sample Type
- channel
Location
- Location
- Lewis target
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-07-27T00:00:00.000Z
Reasoning: Significant width confirming mineralization.
Positive factors
- Broad mineralized interval
Negative factors
- Apparent width only
Evidence · text
“within a broader interval of 84 metres at 0.51 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
Fact 3Todi · goldGrade: 0.98Grade Unit: g/tIntercept: 6 mView all detailsHide details
Identity
- Project
- Todi
- Commodity
- gold
- Region
- liberia
- Reported Region
- liberia
- Ticker
- ZAU
Geometry
- Grade
- 0.98
- Grade Unit
- g/t
- Intercept
- 6 m
Classification
- Sample Type
- channel
Location
- Location
- Lewis target
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-07-27T00:00:00.000Z
Reasoning: Secondary trenching result.
Evidence · text
“6 metres at 0.98 g/t Au within an interval of 54 metres 0.34 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
Fact 4Todi · goldGrade: 0.34Grade Unit: g/tIntercept: 54 mView all detailsHide details
Identity
- Project
- Todi
- Commodity
- gold
- Region
- liberia
- Reported Region
- liberia
- Ticker
- ZAU
Geometry
- Grade
- 0.34
- Grade Unit
- g/t
- Intercept
- 54 m
Classification
- Sample Type
- channel
Location
- Location
- Lewis target
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-07-27T00:00:00.000Z
Reasoning: Secondary trenching result.
Evidence · text
“6 metres at 0.98 g/t Au within an interval of 54 metres 0.34 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
Fact 5Todi · goldGrade: 0.7Grade Unit: g/tIntercept: 8 mView all detailsHide details
Identity
- Project
- Todi
- Commodity
- gold
- Region
- liberia
- Reported Region
- liberia
- Ticker
- ZAU
Geometry
- Grade
- 0.7
- Grade Unit
- g/t
- Intercept
- 8 m
Classification
- Sample Type
- channel
Location
- Location
- Lewis target
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-07-27T00:00:00.000Z
Reasoning: Secondary trenching result.
Evidence · text
“8 metres at 0.7 g/t Au within an interval of 136m at 0.26 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
Fact 6Todi · goldGrade: 0.26Grade Unit: g/tIntercept: 136 mView all detailsHide details
Identity
- Project
- Todi
- Commodity
- gold
- Region
- liberia
- Reported Region
- liberia
- Ticker
- ZAU
Geometry
- Grade
- 0.26
- Grade Unit
- g/t
- Intercept
- 136 m
Classification
- Sample Type
- channel
Location
- Location
- Lewis target
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-07-27T00:00:00.000Z
Reasoning: Secondary trenching result.
Evidence · text
“8 metres at 0.7 g/t Au within an interval of 136m at 0.26 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
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.