AKA: Quarterly Activities Report and Appendix 5B
Original announcement by asx on
- Company
- Aureka Limited
- Ticker
- AKA
- Exchange
- ASX
- Region
- Victoria
- Primary commodity
- Gold
- Secondary commodities
- Silver
- Document categories
- Agreement transaction, Capital raise, Drill results, Resource update
- Extracted
- 2026-10-19 22:14:57 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Aureka Limited reported a transformational quarter, highlighted by a binding agreement to acquire High Grade Holdings Pty Ltd, which owns the operating Fiddlers Creek gold-silver mine and Wedderburn gold processing mill in Victoria. This acquisition, funded by a successful $7.25 million capital raise, positions Aureka to transition from an explorer to a gold producer. The company also announced high-grade gold and silver drill intercepts at its Comstock and Irvine projects, expanding known mineralization and supporting future resource growth.
Reasoning: Aureka Limited announced a transformational acquisition of an operating gold-silver mine and processing mill, successfully raising capital to fund the transaction and ongoing activities. The company also reported new high-grade gold and silver drill intercepts that expand known mineralization at its Comstock and Irvine projects, indicating strong exploration success.
Positive factors
- Acquisition of operating mine and mill
- Successful capital raise
- High-grade drill intercepts
- Exploration success expanding mineralization
- Production licence application submitted
Negative factors
- Resource estimates are historical
- Fiddlers Creek drilling results are historical and true widths unconfirmed
- No intercept length provided for one high-grade drill result
Facts used in scoring: 26
Extracted facts
Stored fact records: 22. Some facts used in scoring do not have a stored record.
Drill Results (18)
NED032St Arnaud Comstock Gold & · goldGrade: 8.9Grade Unit: g/tIntercept: 4.4 mView all detailsHide details
Identity
- Hole ID
- NED032
- Project
- St Arnaud Comstock Gold &
- Commodity
- gold
- Region
- australia_vic
- Reported Region
- australia_vic
- Ticker
- AKA
Geometry
- Grade
- 8.9
- Grade Unit
- g/t
- Intercept
- 4.4 m
- From
- 102.8 m
- To
- 107.2 m
- Intercept Depth
- 102.8 m
Classification
- Deposit Type
- orogenic
- Sample Type
- drill
- Group ID
- NED032:102.8-107.2
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Deleterious
- Deleterious Flag
- No
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: This intercept shows strong gold grades over a good width, indicating significant mineralization at the Comstock project.
Positive factors
- Strong gold grade
- Significant intercept length
- Silver credit
Evidence · text
“Drill hole NED032 returned 4.4m at 8.9 g/t Au and 57.8 g/t Ag from 102.8m”
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
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Strong InterceptRejected · positive · Story-specific tag
No canonical definition is currently available.
Reason: Gold grade of 8.9 g/t is strong for an orogenic open pit deposit (threshold >=2 g/t).
Evidence · text
“8.9 g/t Au”
NED032St Arnaud Comstock Gold & · goldGrade: 65.3Grade Unit: g/tIntercept: 0.3 mView all detailsHide details
Identity
- Hole ID
- NED032
- Project
- St Arnaud Comstock Gold &
- Commodity
- gold
- Region
- australia_vic
- Reported Region
- australia_vic
- Ticker
- AKA
Geometry
- Grade
- 65.3
- Grade Unit
- g/t
- Intercept
- 0.3 m
Classification
- Deposit Type
- orogenic
- Sample Type
- drill
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Deleterious
- Deleterious Flag
- No
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: While the gold grade is bonanza, the very narrow width limits its overall materiality.
Positive factors
- Bonanza gold grade
Negative factors
- Very narrow intercept length
Evidence · text
“including 0.3m at 65.3 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
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Bonanza InterceptRejected · positive
Exceptionally high-grade zone, well above the deposit-type norm.
Reason: Gold grade of 65.3 g/t exceeds the exceptional threshold for orogenic open pit deposits (>=5 g/t).
Evidence · text
“65.3 g/t Au”
NED035St Arnaud Comstock Gold & · goldGrade: 5.78Grade Unit: g/tIntercept: 2.65 mView all detailsHide details
Identity
- Hole ID
- NED035
- Project
- St Arnaud Comstock Gold &
- Commodity
- gold
- Region
- australia_vic
- Reported Region
- australia_vic
- Ticker
- AKA
Geometry
- Grade
- 5.78
- Grade Unit
- g/t
- Intercept
- 2.65 m
- From
- 20.5 m
- To
- 23.15 m
- Intercept Depth
- 20.5 m
Classification
- Deposit Type
- orogenic
- Sample Type
- drill
- Group ID
- NED035:20.5-23.15
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Deleterious
- Deleterious Flag
- No
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: This intercept shows strong gold grades at a shallow depth, which is positive for potential open-pit mining.
Positive factors
- Strong gold grade
- Shallow intercept
Evidence · text
“results from NED035 returned 2.65m at 5.78 g/t Au from 20.5m”
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
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Strong InterceptRejected · positive · Story-specific tag
No canonical definition is currently available.
Reason: Gold grade of 5.78 g/t is strong for an orogenic open pit deposit (threshold >=2 g/t).
Evidence · text
“5.78 g/t Au”
NED035St Arnaud Comstock Gold & · goldGrade: 34.2Grade Unit: g/tIntercept: 0.35 mView all detailsHide details
Identity
- Hole ID
- NED035
- Project
- St Arnaud Comstock Gold &
- Commodity
- gold
- Region
- australia_vic
- Reported Region
- australia_vic
- Ticker
- AKA
Geometry
- Grade
- 34.2
- Grade Unit
- g/t
- Intercept
- 0.35 m
- From
- 21.5 m
- To
- 21.85 m
- Intercept Depth
- 21.5 m
Classification
- Deposit Type
- orogenic
- Sample Type
- drill
- Group ID
- NED035:21.5-21.85
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Deleterious
- Deleterious Flag
- No
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: A very high-grade sub-interval, but its narrow width limits its overall impact.
Positive factors
- Bonanza gold grade
Negative factors
- Very narrow intercept length
Evidence · text
“including 0.35m at 34.2 g/t Au from 21.5m”
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
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Bonanza InterceptRejected · positive
Exceptionally high-grade zone, well above the deposit-type norm.
Reason: Gold grade of 34.2 g/t exceeds the exceptional threshold for orogenic open pit deposits (>=5 g/t).
Evidence · text
“34.2 g/t Au”
NED033St Arnaud Comstock Gold & · goldGrade: 5.63Grade Unit: g/tIntercept: 1.9 mView all detailsHide details
Identity
- Hole ID
- NED033
- Project
- St Arnaud Comstock Gold &
- Commodity
- gold
- Region
- australia_vic
- Reported Region
- australia_vic
- Ticker
- AKA
Geometry
- Grade
- 5.63
- Grade Unit
- g/t
- Intercept
- 1.9 m
- From
- 56.5 m
- To
- 58.4 m
- Intercept Depth
- 56.5 m
Classification
- Deposit Type
- orogenic
- Sample Type
- drill
- Group ID
- NED033:56.5-58.4
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Deleterious
- Deleterious Flag
- No
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: This intercept shows strong gold grades, consistent with historical drilling in the Walkers Zone.
Positive factors
- Strong gold grade
Evidence · text
“NED033 returned 1.9m at 5.63 g/t Au from 56.5m”
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
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Strong InterceptRejected · positive · Story-specific tag
No canonical definition is currently available.
Reason: Gold grade of 5.63 g/t is strong for an orogenic open pit deposit (threshold >=2 g/t).
Evidence · text
“5.63 g/t Au”
NED033St Arnaud Comstock Gold & · goldGrade: 11.1Grade Unit: g/tIntercept: 0.9 mView all detailsHide details
Identity
- Hole ID
- NED033
- Project
- St Arnaud Comstock Gold &
- Commodity
- gold
- Region
- australia_vic
- Reported Region
- australia_vic
- Ticker
- AKA
Geometry
- Grade
- 11.1
- Grade Unit
- g/t
- Intercept
- 0.9 m
- From
- 56.5 m
- To
- 57.4 m
- Intercept Depth
- 56.5 m
Classification
- Deposit Type
- orogenic
- Sample Type
- drill
- Group ID
- NED033:56.5-57.4
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Deleterious
- Deleterious Flag
- No
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: An exceptional gold grade within a narrow sub-interval, contributing to the overall positive results.
Positive factors
- Exceptional gold grade
Negative factors
- Narrow intercept length
Evidence · text
“including 0.9m at 11.1 g/t Au from 56.5m”
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
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Exceptional InterceptRejected · positive · Story-specific tag
No canonical definition is currently available.
Reason: Gold grade of 11.1 g/t exceeds the exceptional threshold for orogenic open pit deposits (>=5 g/t).
Evidence · text
“11.1 g/t Au”
RD058Irvine · goldGrade: 4.74Grade Unit: g/tIntercept: 3.92 mView all detailsHide details
Identity
- Hole ID
- RD058
- Project
- Irvine
- Commodity
- gold
- Region
- australia_vic
- Reported Region
- australia_vic
- Ticker
- AKA
Geometry
- Grade
- 4.74
- Grade Unit
- g/t
- Intercept
- 3.92 m
- From
- 238.82 m
- To
- 242.74 m
- Intercept Depth
- 238.82 m
Classification
- Deposit Type
- orogenic
- Sample Type
- drill
- Group ID
- RD058:238.82-242.74
- Mining Method
- mixed
QA/QC
- QP Signed
- Yes
Deleterious
- Deleterious Flag
- No
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: This intercept shows strong gold grades and indicates a newly identified mineralized structure, expanding the Irvine project's potential.
Positive factors
- Strong gold grade
- Significant intercept length
- Identified new mineralised structure
Evidence · text
“Drill hole RD058 intersected 3.92m at 4.74 g/t Au from 238.82m”
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
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Strong InterceptRejected · positive · Story-specific tag
No canonical definition is currently available.
Reason: Gold grade of 4.74 g/t is strong for an orogenic open pit deposit (threshold >=2 g/t).
Evidence · text
“4.74 g/t Au”
Step-Out ExtensionRejected · positive
Mineralization extended beyond the previously known limit.
Reason: The intercept is associated with a newly identified mineralised structure below the Resolution Lode, indicating an extension.
Evidence · text
“newly identified mineralised structure below the Resolution Lode”
RD058Irvine · goldGrade: 9.18Grade Unit: g/tIntercept: 0.72 mView all detailsHide details
Identity
- Hole ID
- RD058
- Project
- Irvine
- Commodity
- gold
- Region
- australia_vic
- Reported Region
- australia_vic
- Ticker
- AKA
Geometry
- Grade
- 9.18
- Grade Unit
- g/t
- Intercept
- 0.72 m
- From
- 238.82 m
- To
- 239.54 m
- Intercept Depth
- 238.82 m
Classification
- Deposit Type
- orogenic
- Sample Type
- drill
- Group ID
- RD058:238.82-239.54
- Mining Method
- mixed
QA/QC
- QP Signed
- Yes
Deleterious
- Deleterious Flag
- No
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: An exceptional gold grade within a narrow sub-interval, contributing to the overall positive results and new structure identification.
Positive factors
- Exceptional gold grade
Negative factors
- Narrow intercept length
Evidence · text
“including 0.72m at 9.18 g/t Au from 238.82m”
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
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Exceptional InterceptRejected · positive · Story-specific tag
No canonical definition is currently available.
Reason: Gold grade of 9.18 g/t exceeds the exceptional threshold for orogenic open pit deposits (>=5 g/t).
Evidence · text
“9.18 g/t Au”
RD058Irvine · goldGrade: 16.1Grade Unit: g/tIntercept: 0.5 mView all detailsHide details
Identity
- Hole ID
- RD058
- Project
- Irvine
- Commodity
- gold
- Region
- australia_vic
- Reported Region
- australia_vic
- Ticker
- AKA
Geometry
- Grade
- 16.1
- Grade Unit
- g/t
- Intercept
- 0.5 m
- From
- 241.64 m
- To
- 242.14 m
- Intercept Depth
- 241.64 m
Classification
- Deposit Type
- orogenic
- Sample Type
- drill
- Group ID
- RD058:241.64-242.14
- Mining Method
- mixed
QA/QC
- QP Signed
- Yes
Deleterious
- Deleterious Flag
- No
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: A bonanza gold grade within a very narrow sub-interval, further highlighting the high-grade nature of the new structure.
Positive factors
- Bonanza gold grade
Negative factors
- Very narrow intercept length
Evidence · text
“and 0.5m at 16.1 g/t Au from 241.64m”
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
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Bonanza InterceptRejected · positive
Exceptionally high-grade zone, well above the deposit-type norm.
Reason: Gold grade of 16.1 g/t exceeds the exceptional threshold for orogenic open pit deposits (>=5 g/t).
Evidence · text
“16.1 g/t Au”
RD054Irvine · goldGrade: 9.44Grade Unit: g/tView all detailsHide details
Identity
- Hole ID
- RD054
- Project
- Irvine
- Commodity
- gold
- Region
- australia_vic
- Reported Region
- australia_vic
- Ticker
- AKA
Geometry
- Grade
- 9.44
- Grade Unit
- g/t
- From
- 155.1 m
- Intercept Depth
- 155.1 m
Classification
- Deposit Type
- orogenic
- Sample Type
- drill
- Mining Method
- mixed
QA/QC
- QP Signed
- Yes
Deleterious
- Deleterious Flag
- No
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: An exceptional gold grade was intersected, but the lack of reported intercept length reduces confidence in its overall significance.
Positive factors
- Exceptional gold grade
Negative factors
- Intercept length not specified
Evidence · text
“up to 9.44 g/t Au at 155.1m”
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
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Exceptional InterceptRejected · positive · Story-specific tag
No canonical definition is currently available.
Reason: Gold grade of 9.44 g/t exceeds the exceptional threshold for orogenic open pit deposits (>=5 g/t).
Evidence · text
“9.44 g/t Au”
EH002Irvine · goldGrade: 3.84Grade Unit: g/tIntercept: 0.9 mView all detailsHide details
Identity
- Hole ID
- EH002
- Project
- Irvine
- Commodity
- gold
- Region
- australia_vic
- Reported Region
- australia_vic
- Ticker
- AKA
Geometry
- Grade
- 3.84
- Grade Unit
- g/t
- Intercept
- 0.9 m
- From
- 145.9 m
- To
- 146.8 m
- Intercept Depth
- 145.9 m
Classification
- Deposit Type
- orogenic
- Sample Type
- drill
- Group ID
- EH002:145.9-146.8
- Mining Method
- mixed
QA/QC
- QP Signed
- Yes
Deleterious
- Deleterious Flag
- No
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: This intercept, while narrow, is significant as it represents first-time mineralization in a previously under-drilled gap area, indicating potential for expansion.
Positive factors
- Moderate gold grade
- First-time mineralization in gap area
Negative factors
- Narrow intercept length
Evidence · text
“0.9m at 3.84 g/t Au from 145.9m (EH002)”
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
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Moderate InterceptRejected · positive · Story-specific tag
No canonical definition is currently available.
Reason: Gold grade of 3.84 g/t is moderate for an orogenic open pit deposit (threshold >=1 g/t).
Evidence · text
“3.84 g/t Au”
Step-Out ExtensionRejected · positive
Mineralization extended beyond the previously known limit.
Reason: The intercept represents first-time significant mineralisation within the historically under-drilled 2km gap separating the Resolution and Adventure lodes.
Evidence · text
“first-time significant mineralisation within the historically under-drilled 2km gap separating the Resolution and Adventure lodes”
EH004Irvine · goldGrade: 1.34Grade Unit: g/tIntercept: 2.25 mView all detailsHide details
Identity
- Hole ID
- EH004
- Project
- Irvine
- Commodity
- gold
- Region
- australia_vic
- Reported Region
- australia_vic
- Ticker
- AKA
Geometry
- Grade
- 1.34
- Grade Unit
- g/t
- Intercept
- 2.25 m
- From
- 90.7 m
- To
- 92.95 m
- Intercept Depth
- 90.7 m
Classification
- Deposit Type
- orogenic
- Sample Type
- drill
- Group ID
- EH004:90.7-92.95
- Mining Method
- mixed
QA/QC
- QP Signed
- Yes
Deleterious
- Deleterious Flag
- No
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: This intercept, while moderate grade, is important for establishing mineralization in the under-drilled gap between lodes.
Positive factors
- Moderate gold grade
- First-time mineralization in gap area
Evidence · text
“2.25m at 1.34 g/t Au from 90.7m (EH004)”
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
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Moderate InterceptRejected · positive · Story-specific tag
No canonical definition is currently available.
Reason: Gold grade of 1.34 g/t is moderate for an orogenic open pit deposit (threshold >=1 g/t).
Evidence · text
“1.34 g/t Au”
Step-Out ExtensionRejected · positive
Mineralization extended beyond the previously known limit.
Reason: The intercept represents first-time significant mineralisation within the historically under-drilled 2km gap separating the Resolution and Adventure lodes.
Evidence · text
“first-time significant mineralisation within the historically under-drilled 2km gap separating the Resolution and Adventure lodes”
EH001Irvine · goldGrade: 3.98Grade Unit: g/tIntercept: 1 mView all detailsHide details
Identity
- Hole ID
- EH001
- Project
- Irvine
- Commodity
- gold
- Region
- australia_vic
- Reported Region
- australia_vic
- Ticker
- AKA
Geometry
- Grade
- 3.98
- Grade Unit
- g/t
- Intercept
- 1 m
- From
- 258 m
- To
- 259 m
- Intercept Depth
- 258 m
Classification
- Deposit Type
- orogenic
- Sample Type
- drill
- Group ID
- EH001:258-259
- Mining Method
- mixed
QA/QC
- QP Signed
- Yes
Deleterious
- Deleterious Flag
- No
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: This intercept, while narrow, is important for establishing mineralization in the under-drilled gap between lodes.
Positive factors
- Moderate gold grade
- First-time mineralization in gap area
Negative factors
- Narrow intercept length
Evidence · text
“1.0m at 3.98 g/t Au from 258m (EH001)”
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
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Moderate InterceptRejected · positive · Story-specific tag
No canonical definition is currently available.
Reason: Gold grade of 3.98 g/t is moderate for an orogenic open pit deposit (threshold >=1 g/t).
Evidence · text
“3.98 g/t Au”
Step-Out ExtensionRejected · positive
Mineralization extended beyond the previously known limit.
Reason: The intercept represents first-time significant mineralisation within the historically under-drilled 2km gap separating the Resolution and Adventure lodes.
Evidence · text
“first-time significant mineralisation within the historically under-drilled 2km gap separating the Resolution and Adventure lodes”
FKH08Fiddlers Creek · goldGrade: 40.48Grade Unit: g/tIntercept: 1.19 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- FKH08
- Project
- Fiddlers Creek
- Commodity
- gold
- Region
- australia_vic
- Reported Region
- australia_vic
- Ticker
- AKA
Geometry
- Grade
- 40.48
- Grade Unit
- g/t
- Intercept
- 1.19 m
Classification
- Deposit Type
- orogenic
- Sample Type
- drill
- Mining Method
- underground
QA/QC
- QP Signed
- Yes
Deleterious
- Deleterious Flag
- No
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: This historical bonanza-grade intercept highlights the potential of the Fiddlers Creek project and is being used to target new drilling, but its true width is unconfirmed.
Positive factors
- Bonanza gold grade
- Highlights potential for new drilling
Negative factors
- Historical result
- True width unconfirmed
- Narrow intercept length
Evidence · text
“1.19m at 40.48 g/t Au (FKH08)”
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
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Bonanza InterceptRejected · positive
Exceptionally high-grade zone, well above the deposit-type norm.
Reason: Gold grade of 40.48 g/t exceeds the exceptional threshold for orogenic underground deposits (>=15 g/t).
Evidence · text
“40.48 g/t Au”
FDDH008Fiddlers Creek · goldGrade: 31.09Grade Unit: g/tIntercept: 1.57 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- FDDH008
- Project
- Fiddlers Creek
- Commodity
- gold
- Region
- australia_vic
- Reported Region
- australia_vic
- Ticker
- AKA
Geometry
- Grade
- 31.09
- Grade Unit
- g/t
- Intercept
- 1.57 m
Classification
- Deposit Type
- orogenic
- Sample Type
- drill
- Mining Method
- underground
QA/QC
- QP Signed
- Yes
Deleterious
- Deleterious Flag
- No
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: This historical bonanza-grade intercept highlights the potential of the Fiddlers Creek project and is being used to target new drilling, but its true width is unconfirmed.
Positive factors
- Bonanza gold grade
- Highlights potential for new drilling
Negative factors
- Historical result
- True width unconfirmed
- Narrow intercept length
Evidence · text
“1.57m at 31.09 g/t Au (FDDH008)”
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
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Bonanza InterceptRejected · positive
Exceptionally high-grade zone, well above the deposit-type norm.
Reason: Gold grade of 31.09 g/t exceeds the exceptional threshold for orogenic underground deposits (>=15 g/t).
Evidence · text
“31.09 g/t Au”
FDDH012Fiddlers Creek · goldGrade: 21.21Grade Unit: g/tIntercept: 1.87 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- FDDH012
- Project
- Fiddlers Creek
- Commodity
- gold
- Region
- australia_vic
- Reported Region
- australia_vic
- Ticker
- AKA
Geometry
- Grade
- 21.21
- Grade Unit
- g/t
- Intercept
- 1.87 m
Classification
- Deposit Type
- orogenic
- Sample Type
- drill
- Mining Method
- underground
QA/QC
- QP Signed
- Yes
Deleterious
- Deleterious Flag
- No
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: This historical bonanza-grade intercept highlights the potential of the Fiddlers Creek project and is being used to target new drilling, but its true width is unconfirmed.
Positive factors
- Bonanza gold grade
- Highlights potential for new drilling
Negative factors
- Historical result
- True width unconfirmed
- Narrow intercept length
Evidence · text
“1.87m at 21.21 g/t Au (FDDH012)”
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
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Bonanza InterceptRejected · positive
Exceptionally high-grade zone, well above the deposit-type norm.
Reason: Gold grade of 21.21 g/t exceeds the exceptional threshold for orogenic underground deposits (>=15 g/t).
Evidence · text
“21.21 g/t Au”
RD054Irvine · goldGrade: 3.84Grade Unit: g/tIntercept: 0.9 mView all detailsHide details
Identity
- Hole ID
- RD054
- Project
- Irvine
- Commodity
- gold
- Region
- australia_vic
- Reported Region
- australia_vic
- Ticker
- AKA
Geometry
- Grade
- 3.84
- Grade Unit
- g/t
- Intercept
- 0.9 m
- From
- 145.9 m
- To
- 146.8 m
Classification
- Deposit Type
- orogenic
- Sample Type
- drill
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: An exceptional gold grade was intersected, but the lack of reported intercept length reduces confidence in its overall significance.
Positive factors
- Exceptional gold grade
Negative factors
- Intercept length not specified
Evidence · text
“0.9m at 3.84 g/t Au from 145.9m”
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
RD054Irvine · goldGrade: 1.34Grade Unit: g/tIntercept: 2.25 mView all detailsHide details
Identity
- Hole ID
- RD054
- Project
- Irvine
- Commodity
- gold
- Region
- australia_vic
- Reported Region
- australia_vic
- Ticker
- AKA
Geometry
- Grade
- 1.34
- Grade Unit
- g/t
- Intercept
- 2.25 m
- From
- 90.7 m
- To
- 92.95 m
Classification
- Deposit Type
- orogenic
- Sample Type
- drill
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: An exceptional gold grade was intersected, but the lack of reported intercept length reduces confidence in its overall significance.
Positive factors
- Exceptional gold grade
Negative factors
- Intercept length not specified
Evidence · text
“2.25m at 1.34 g/t Au from 90.7m”
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
Resource Estimates (4)
inferredIrvine · goldTonnes: 1775000Grade: 2.16Grade Unit: g/tContained Metal: 123000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Irvine
- Commodity
- gold
- Region
- australia_vic
- Reported Region
- Victoria
- Ticker
- AKA
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:6adfd6150f8222b79eff
- Deposit or zone
- Resolution Open Pit
Resource Data
- Category
- inferred
- Tonnes
- 1775000
- Grade
- 2.16
- Grade Unit
- g/t
- Contained Metal
- 123000
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-06-18T00:00:00.000Z
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: This is a previously reported Inferred resource for the Resolution Open Pit, contributing to the project's overall resource base but with lower geological confidence.
Positive factors
- Contributes to overall resource base
Negative factors
- Inferred category indicates lower confidence
- Historical estimate, not new
Evidence · table
“1,775,000”
Context: Resolution Open Pit
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: The resource is classified as Inferred, indicating lower geological confidence.
Evidence · table
“Inferred”
Context: Resolution Open Pit
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
inferredIrvine · goldTonnes: 680000Grade: 1.85Grade Unit: g/tContained Metal: 40300Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Irvine
- Commodity
- gold
- Region
- australia_vic
- Reported Region
- Victoria
- Ticker
- AKA
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:afcf7a477ab65dae4bd3
- Deposit or zone
- Adventure Open Pit
Resource Data
- Category
- inferred
- Tonnes
- 680000
- Grade
- 1.85
- Grade Unit
- g/t
- Contained Metal
- 40300
- Contained Unit
- oz
- Cutoff Grade
- 0.6
- Cutoff Unit
- g/t
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-06-18T00:00:00.000Z
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: This is a previously reported Inferred resource for the Adventure Open Pit, contributing to the project's overall resource base but with lower geological confidence.
Positive factors
- Contributes to overall resource base
Negative factors
- Inferred category indicates lower confidence
- Historical estimate, not new
Evidence · table
“680,000”
Context: Adventure Open Pit
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: The resource is classified as Inferred, indicating lower geological confidence.
Evidence · table
“Inferred”
Context: Adventure Open Pit
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
inferredIrvine · goldTonnes: 2335000Grade: 3.13Grade Unit: g/tContained Metal: 235000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Irvine
- Commodity
- gold
- Region
- australia_vic
- Reported Region
- Victoria
- Ticker
- AKA
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:d893e2bedf0680da7e05
- Deposit or zone
- Resolution Underground
Resource Data
- Category
- inferred
- Tonnes
- 2335000
- Grade
- 3.13
- Grade Unit
- g/t
- Contained Metal
- 235000
- Contained Unit
- oz
- Cutoff Grade
- 1
- Cutoff Unit
- g/t
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-06-18T00:00:00.000Z
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: This is a previously reported Inferred resource for the Resolution Underground, contributing to the project's overall resource base but with lower geological confidence.
Positive factors
- Contributes to overall resource base
Negative factors
- Inferred category indicates lower confidence
- Historical estimate, not new
Evidence · table
“2,335,000”
Context: Resolution Underground
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: The resource is classified as Inferred, indicating lower geological confidence.
Evidence · table
“Inferred”
Context: Resolution Underground
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
inferredSt Arnaud Comstock Gold & Silver Project · goldTonnes: 1450000Grade: 1.21Grade Unit: g/tContained Metal: 56500Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- St Arnaud Comstock Gold & Silver Project
- Commodity
- gold
- Region
- australia_vic
- Reported Region
- Victoria
- Ticker
- AKA
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:8dda23ae19254e0104da
- Deposit or zone
- Comstock
Resource Data
- Category
- inferred
- Tonnes
- 1450000
- Grade
- 1.21
- Grade Unit
- g/t
- Contained Metal
- 56500
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2025-06-13T00:00:00.000Z
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: This is a previously reported Inferred resource for the Comstock project, contributing to the project's overall resource base but with lower geological confidence.
Positive factors
- Contributes to overall resource base
Negative factors
- Inferred category indicates lower confidence
- Historical estimate, not new
Evidence · table
“1,450,000”
Context: Comstock (St Arnaud)
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: The resource is classified as Inferred, indicating lower geological confidence.
Evidence · table
“Inferred”
Context: Comstock (St Arnaud)
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
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.