AQX: Horn Island Drilling Completed with All Holes Mineralised

Original announcement by asx on

Company
Alice Queen Limited
Ticker
AQX
Exchange
ASX
Region
Queensland
Primary commodity
Gold
Secondary commodities
Arsenic, Lead, Zinc, Copper
Document categories
Other, Drill results
Extracted
2026-10-12 22:33:27 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Alice Queen Limited has completed its Stage 1 reverse circulation drilling program at the Horn Island Gold Project in Queensland, comprising 20 drillholes for 4,157m. All holes intersected quartz veining, alteration, and sulphide mineralisation, with elevated pXRF responses for pathfinder elements and visible gold observed in one sample. Assay results from ALS Laboratories are expected progressively over the next 4-8 weeks, which will determine the significance of the mineralisation.

Reasoning: Alice Queen Limited has completed its Stage 1 drilling program at Horn Island, with all holes showing preliminary indications of mineralisation and visible gold. However, definitive assay results are still pending, limiting the immediate impact and certainty of the announcement.

Positive factors

  • Drilling program completed as planned
  • All holes showed visual and pXRF indications of mineralisation
  • Visible gold observed in one sample
  • Samples dispatched to accredited laboratory for assay

Negative factors

  • No definitive assay results available yet
  • pXRF and visible gold observations are qualitative and not representative of grade
  • Variable sample recovery, with an overall average of 71% and poor recovery in some intervals

Facts used in scoring: 23

Classification and evidence

Deleterious Elements Presentnegative · Story-specific tag

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: The pXRF results reported elevated responses for arsenic (As), lead (Pb), zinc (Zn), and copper (Cu) as pathfinder elements, indicating their presence in the mineralisation.

Evidence · text

“elevated pXRF responses in As, Pb, Zn and Cu.”

QA/QC Disclosedpositive · Story-specific tag

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: The document includes an extensive JORC Table 1 section detailing sampling techniques, sample recovery, laboratory procedures, and QA/QC methods such as duplicates, blanks, and standards.

Evidence · text

“Section 1 Sampling Techniques and Data”

Infill Drillingneutral · Story-specific tag

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: Six drillholes were designed to test interpreted higher-grade mineralisation within the existing Mineral Resource Estimate (MRE) area, which is characteristic of infill drilling.

Evidence · text

“Six drillholes (772m) tested interpreted higher-grade mineralisation within the existing Mineral Resource Estimate (MRE) area”

Step-Out Extensionpositive · Story-specific tag

Mineralization extended beyond the previously known limit.

Why it applies: Fourteen drillholes tested the Exploration Target outside the Mineral Resource, including step-out drilling up to approximately 600m northwest from the Resource boundary.

Evidence · text

“Fourteen drillholes totaling 3,385m tested the Exploration Target outside the Mineral Resource, including step-out drilling up to approximately 600m northwest from the Resource boundary.”

Extracted facts

Stored fact records: 23. Some facts used in scoring do not have a stored record.

Drill Results (23)

26NGRC001Horn IslandView all details
Link to this fact

Identity

Hole ID
26NGRC001
Project
Horn Island
Region
australia_qld
Reported Region
australia_qld
Ticker
AQX

Geometry

Hole Depth
190 m

Classification

Program
mixed
Sample Type
drill

Location

Easting
643785
Northing
8827132
CRS
GDA94/MGA UTM Zone 54
EPSG
28354
Elevation
31 m
Azimuth
246 °
Dip
-56 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic, lead, zinc, copper

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: Drill hole 26NGRC001 was completed as part of the Stage 1 program, but no assay results are available yet to determine its significance.

Positive factors

  • Drill hole completed as part of the program

Negative factors

  • No assay results available yet

Evidence · table

“643785”

Context: 26NGRC001

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

26NGRC002Horn IslandView all details
Link to this fact

Identity

Hole ID
26NGRC002
Project
Horn Island
Region
australia_qld
Reported Region
australia_qld
Ticker
AQX

Geometry

Hole Depth
174 m

Classification

Program
mixed
Sample Type
drill

Location

Easting
643745
Northing
8827156
CRS
GDA94/MGA UTM Zone 54
EPSG
28354
Elevation
30 m
Azimuth
222 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic, lead, zinc, copper

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: Drill hole 26NGRC002 was completed as part of the Stage 1 program, but no assay results are available yet to determine its significance.

Positive factors

  • Drill hole completed as part of the program

Negative factors

  • No assay results available yet

Evidence · table

“643745”

Context: 26NGRC002

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

26NGRC003Horn IslandView all details
Link to this fact

Identity

Hole ID
26NGRC003
Project
Horn Island
Region
australia_qld
Reported Region
australia_qld
Ticker
AQX

Geometry

Hole Depth
108 m

Classification

Program
mixed
Sample Type
drill

Location

Easting
643787
Northing
8827274
CRS
GDA94/MGA UTM Zone 54
EPSG
28354
Elevation
15 m
Azimuth
42 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic, lead, zinc, copper

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: Drill hole 26NGRC003 was completed as part of the Stage 1 program, but no assay results are available yet to determine its significance.

Positive factors

  • Drill hole completed as part of the program

Negative factors

  • No assay results available yet

Evidence · table

“643787”

Context: 26NGRC003

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

26NGRC004Horn IslandView all details
Link to this fact

Identity

Hole ID
26NGRC004
Project
Horn Island
Region
australia_qld
Reported Region
australia_qld
Ticker
AQX

Geometry

Hole Depth
100 m

Classification

Program
mixed
Sample Type
drill

Location

Easting
643774
Northing
8827276
CRS
GDA94/MGA UTM Zone 54
EPSG
28354
Elevation
15 m
Azimuth
43 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic, lead, zinc, copper

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: Drill hole 26NGRC004 was completed as part of the Stage 1 program and showed visible gold in a pan-concentrate sample, but no assay results are available yet to determine its significance.

Positive factors

  • Drill hole completed as part of the program
  • Visible gold observed in pan-concentrate sample

Negative factors

  • No assay results available yet
  • Visible gold observation is qualitative

Evidence · table

“643774”

Context: 26NGRC004

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

26NGRC005Horn IslandView all details
Link to this fact

Identity

Hole ID
26NGRC005
Project
Horn Island
Region
australia_qld
Reported Region
australia_qld
Ticker
AQX

Geometry

Hole Depth
100 m

Classification

Program
mixed
Sample Type
drill

Location

Easting
643774
Northing
8827277
CRS
GDA94/MGA UTM Zone 54
EPSG
28354
Elevation
15 m
Azimuth
34 °
Dip
-54 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic, lead, zinc, copper

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: Drill hole 26NGRC005 was completed as part of the Stage 1 program, but no assay results are available yet to determine its significance.

Positive factors

  • Drill hole completed as part of the program

Negative factors

  • No assay results available yet

Evidence · table

“643774”

Context: 26NGRC005

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

26NGRC006Horn IslandView all details
Link to this fact

Identity

Hole ID
26NGRC006
Project
Horn Island
Region
australia_qld
Reported Region
australia_qld
Ticker
AQX

Geometry

Hole Depth
100 m

Classification

Program
mixed
Sample Type
drill

Location

Easting
643768
Northing
8827286
CRS
GDA94/MGA UTM Zone 54
EPSG
28354
Elevation
16.5 m
Azimuth
46 °
Dip
-56 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic, lead, zinc, copper

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: Drill hole 26NGRC006 was completed as part of the Stage 1 program, but no assay results are available yet to determine its significance.

Positive factors

  • Drill hole completed as part of the program

Negative factors

  • No assay results available yet

Evidence · table

“643768”

Context: 26NGRC006

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

26NGRC007Horn IslandView all details
Link to this fact

Identity

Hole ID
26NGRC007
Project
Horn Island
Region
australia_qld
Reported Region
australia_qld
Ticker
AQX

Geometry

Hole Depth
282 m

Classification

Program
mixed
Sample Type
drill

Location

Easting
643590
Northing
8826915
CRS
GDA94/MGA UTM Zone 54
EPSG
28354
Elevation
43 m
Azimuth
40 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic, lead, zinc, copper

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: Drill hole 26NGRC007 was completed as part of the Stage 1 program, but no assay results are available yet to determine its significance.

Positive factors

  • Drill hole completed as part of the program

Negative factors

  • No assay results available yet

Evidence · table

“643590”

Context: 26NGRC007

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

26NGRC008Horn IslandView all details
Link to this fact

Identity

Hole ID
26NGRC008
Project
Horn Island
Region
australia_qld
Reported Region
australia_qld
Ticker
AQX

Geometry

Hole Depth
270 m

Classification

Program
mixed
Sample Type
drill

Location

Easting
643588
Northing
8826854
CRS
GDA94/MGA UTM Zone 54
EPSG
28354
Elevation
42 m
Azimuth
39 °
Dip
-61 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic, lead, zinc, copper

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: Drill hole 26NGRC008 was completed as part of the Stage 1 program, but no assay results are available yet to determine its significance.

Positive factors

  • Drill hole completed as part of the program

Negative factors

  • No assay results available yet

Evidence · table

“643588”

Context: 26NGRC008

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

26NGRC009Horn IslandView all details
Link to this fact

Identity

Hole ID
26NGRC009
Project
Horn Island
Region
australia_qld
Reported Region
australia_qld
Ticker
AQX

Geometry

Hole Depth
252 m

Classification

Program
mixed
Sample Type
drill

Location

Easting
643405
Northing
8827395
CRS
GDA94/MGA UTM Zone 54
EPSG
28354
Elevation
21 m
Azimuth
38 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic, lead, zinc, copper

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: Drill hole 26NGRC009 was completed as part of the Stage 1 program, but no assay results are available yet to determine its significance.

Positive factors

  • Drill hole completed as part of the program

Negative factors

  • No assay results available yet

Evidence · table

“643405”

Context: 26NGRC009

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

26NGRC010Horn IslandView all details
Link to this fact

Identity

Hole ID
26NGRC010
Project
Horn Island
Region
australia_qld
Reported Region
australia_qld
Ticker
AQX

Geometry

Hole Depth
216 m

Classification

Program
mixed
Sample Type
drill

Location

Easting
643418
Northing
8827508
CRS
GDA94/MGA UTM Zone 54
EPSG
28354
Elevation
15 m
Azimuth
45 °
Dip
-61 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic, lead, zinc, copper

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: Drill hole 26NGRC010 was completed as part of the Stage 1 program, but no assay results are available yet to determine its significance.

Positive factors

  • Drill hole completed as part of the program

Negative factors

  • No assay results available yet

Evidence · table

“643418”

Context: 26NGRC010

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

26NGRC011Horn IslandView all details
Link to this fact

Identity

Hole ID
26NGRC011
Project
Horn Island
Region
australia_qld
Reported Region
australia_qld
Ticker
AQX

Geometry

Hole Depth
222 m

Classification

Program
mixed
Sample Type
drill

Location

Easting
643447
Northing
8827443
CRS
GDA94/MGA UTM Zone 54
EPSG
28354
Elevation
10 m
Azimuth
42 °
Dip
-58 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic, lead, zinc, copper

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: Drill hole 26NGRC011 was completed as part of the Stage 1 program, but no assay results are available yet to determine its significance.

Positive factors

  • Drill hole completed as part of the program

Negative factors

  • No assay results available yet

Evidence · table

“643447”

Context: 26NGRC011

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

26NGRC012Horn IslandView all details
Link to this fact

Identity

Hole ID
26NGRC012
Project
Horn Island
Region
australia_qld
Reported Region
australia_qld
Ticker
AQX

Geometry

Hole Depth
228 m

Classification

Program
mixed
Sample Type
drill

Location

Easting
643491
Northing
8827530
CRS
GDA94/MGA UTM Zone 54
EPSG
28354
Elevation
10.5 m
Azimuth
39 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic, lead, zinc, copper

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: Drill hole 26NGRC012 was completed as part of the Stage 1 program, but no assay results are available yet to determine its significance.

Positive factors

  • Drill hole completed as part of the program

Negative factors

  • No assay results available yet

Evidence · table

“643491”

Context: 26NGRC012

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

26NGRC013Horn IslandView all details
Link to this fact

Identity

Hole ID
26NGRC013
Project
Horn Island
Region
australia_qld
Reported Region
australia_qld
Ticker
AQX

Geometry

Hole Depth
216 m

Classification

Program
mixed
Sample Type
drill

Location

Easting
643489
Northing
8827529
CRS
GDA94/MGA UTM Zone 54
EPSG
28354
Elevation
10.5 m
Azimuth
222 °
Dip
-75 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic, lead, zinc, copper

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: Drill hole 26NGRC013 was completed as part of the Stage 1 program, but no assay results are available yet to determine its significance.

Positive factors

  • Drill hole completed as part of the program

Negative factors

  • No assay results available yet

Evidence · table

“643489”

Context: 26NGRC013

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

26NGRC014Horn IslandView all details
Link to this fact

Identity

Hole ID
26NGRC014
Project
Horn Island
Region
australia_qld
Reported Region
australia_qld
Ticker
AQX

Geometry

Hole Depth
252 m

Classification

Program
mixed
Sample Type
drill

Location

Easting
643325
Northing
8827545
CRS
GDA94/MGA UTM Zone 54
EPSG
28354
Elevation
19.8 m
Azimuth
52 °
Dip
-70 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic, lead, zinc, copper

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: Drill hole 26NGRC014 was completed as part of the Stage 1 program, but no assay results are available yet to determine its significance.

Positive factors

  • Drill hole completed as part of the program

Negative factors

  • No assay results available yet

Evidence · table

“643325”

Context: 26NGRC014

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

26NGRC015Horn IslandView all details
Link to this fact

Identity

Hole ID
26NGRC015
Project
Horn Island
Region
australia_qld
Reported Region
australia_qld
Ticker
AQX

Geometry

Hole Depth
168.5 m

Classification

Program
mixed
Sample Type
drill

Location

Easting
643319
Northing
8827538
CRS
GDA94/MGA UTM Zone 54
EPSG
28354
Elevation
19.8 m
Azimuth
215 °
Dip
-84 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic, lead, zinc, copper

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: Drill hole 26NGRC015 was completed as part of the Stage 1 program, but no assay results are available yet to determine its significance.

Positive factors

  • Drill hole completed as part of the program

Negative factors

  • No assay results available yet

Evidence · table

“643319”

Context: 26NGRC015

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

26NGRC016Horn IslandView all details
Link to this fact

Identity

Hole ID
26NGRC016
Project
Horn Island
Region
australia_qld
Reported Region
australia_qld
Ticker
AQX

Geometry

Hole Depth
282 m

Classification

Program
mixed
Sample Type
drill

Location

Easting
643204
Northing
8827658
CRS
GDA94/MGA UTM Zone 54
EPSG
28354
Elevation
30.1 m
Azimuth
51 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic, lead, zinc, copper

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: Drill hole 26NGRC016 was completed as part of the Stage 1 program, but no assay results are available yet to determine its significance.

Positive factors

  • Drill hole completed as part of the program

Negative factors

  • No assay results available yet

Evidence · table

“643204”

Context: 26NGRC016

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

26NGRC017Horn IslandView all details
Link to this fact

Identity

Hole ID
26NGRC017
Project
Horn Island
Region
australia_qld
Reported Region
australia_qld
Ticker
AQX

Geometry

Hole Depth
210 m

Classification

Program
mixed
Sample Type
drill

Location

Easting
643204
Northing
8827658
CRS
GDA94/MGA UTM Zone 54
EPSG
28354
Elevation
30.1 m
Azimuth
230 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic, lead, zinc, copper

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: Drill hole 26NGRC017 was completed as part of the Stage 1 program, but no assay results are available yet to determine its significance.

Positive factors

  • Drill hole completed as part of the program

Negative factors

  • No assay results available yet

Evidence · table

“643204”

Context: 26NGRC017

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

26NGRC018Horn IslandView all details
Link to this fact

Identity

Hole ID
26NGRC018
Project
Horn Island
Region
australia_qld
Reported Region
australia_qld
Ticker
AQX

Geometry

Hole Depth
282 m

Classification

Program
mixed
Sample Type
drill

Location

Easting
643463
Northing
8827667
CRS
GDA94/MGA UTM Zone 54
EPSG
28354
Elevation
12.1 m
Azimuth
223 °
Dip
-61 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic, lead, zinc, copper

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: Drill hole 26NGRC018 was completed as part of the Stage 1 program, but no assay results are available yet to determine its significance.

Positive factors

  • Drill hole completed as part of the program

Negative factors

  • No assay results available yet

Evidence · table

“643463”

Context: 26NGRC018

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

26NGRC019Horn IslandView all details
Link to this fact

Identity

Hole ID
26NGRC019
Project
Horn Island
Region
australia_qld
Reported Region
australia_qld
Ticker
AQX

Geometry

Hole Depth
282 m

Classification

Program
mixed
Sample Type
drill

Location

Easting
643355
Northing
8827802
CRS
GDA94/MGA UTM Zone 54
EPSG
28354
Elevation
20.3 m
Azimuth
41 °
Dip
-65 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic, lead, zinc, copper

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: Drill hole 26NGRC019 was completed as part of the Stage 1 program, but no assay results are available yet to determine its significance.

Positive factors

  • Drill hole completed as part of the program

Negative factors

  • No assay results available yet

Evidence · table

“643355”

Context: 26NGRC019

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

26NGRC020Horn IslandView all details
Link to this fact

Identity

Hole ID
26NGRC020
Project
Horn Island
Region
australia_qld
Reported Region
australia_qld
Ticker
AQX

Geometry

Hole Depth
222 m

Classification

Program
mixed
Sample Type
drill

Location

Easting
643141
Northing
8827945
CRS
GDA94/MGA UTM Zone 54
EPSG
28354
Elevation
40.3 m
Azimuth
51 °
Dip
-65 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic, lead, zinc, copper

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: Drill hole 26NGRC020 was completed as part of the Stage 1 program, but no assay results are available yet to determine its significance.

Positive factors

  • Drill hole completed as part of the program

Negative factors

  • No assay results available yet

Evidence · table

“643141”

Context: 26NGRC020

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

18NGD070Horn Island · goldGrade: 22.2Grade Unit: g/tIntercept: 7 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
18NGD070
Project
Horn Island
Commodity
gold
Region
australia_qld
Reported Region
australia_qld
Ticker
AQX

Geometry

Grade
22.2
Grade Unit
g/t
Intercept
7 m
From
36 m
To
43 m
Intercept Depth
36 m

Classification

Program
resource
Sample Type
drill
Group ID
18NGD070:36-43

QA/QC

QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2018-05-07T00:00:00.000Z

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: This is a historical high-grade gold intercept from a previous drilling program, referenced for context but not representing new information.

Positive factors

  • High-grade historical intercept

Negative factors

  • Historical data, not new results

Evidence · text

“7m @ 22.2g/t Au from 36m”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

18NGD070Horn Island · goldGrade: 41.8Grade Unit: g/tIntercept: 1 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
18NGD070
Project
Horn Island
Commodity
gold
Region
australia_qld
Reported Region
australia_qld
Ticker
AQX

Geometry

Grade
41.8
Grade Unit
g/t
Intercept
1 m
From
36 m
To
37 m
Intercept Depth
36 m

Classification

Program
resource
Sample Type
drill
Group ID
18NGD070:36-37

QA/QC

QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2018-05-07T00:00:00.000Z

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: This is a historical very high-grade gold sub-interval from a previous drilling program, referenced for context but not representing new information.

Positive factors

  • Very high-grade historical sub-interval

Negative factors

  • Historical data, not new results

Evidence · text

“1m @ 41.8g/t Au”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

18NGD070Horn Island · goldGrade: 67.5Grade Unit: g/tIntercept: 1 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
18NGD070
Project
Horn Island
Commodity
gold
Region
australia_qld
Reported Region
australia_qld
Ticker
AQX

Geometry

Grade
67.5
Grade Unit
g/t
Intercept
1 m
From
43 m
To
44 m
Intercept Depth
43 m

Classification

Program
resource
Sample Type
drill
Group ID
18NGD070:43-44

QA/QC

QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2018-05-07T00:00:00.000Z

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: This is a historical bonanza-grade gold sub-interval from a previous drilling program, referenced for context but not representing new information.

Positive factors

  • Bonanza-grade historical sub-interval

Negative factors

  • Historical data, not new results

Evidence · text

“1m @ 67.5g/t Au”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

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.