# AR1: McLeod Hill Copper Footprint Expands Beyond 1km Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/ar1-mcleod-hill-copper-footprint-expands-beyond-1km--713b39d3-0ed6-4bbb-bce9-2d3e4acbb7f5 Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03150932 Publisher: asx Original announcement: 2026-10-11T21:24:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-11T22:15:58.191Z Atlas analysis updated: 2026-10-11T22:15:58.191Z - Company: Austral Resources Australia Limited - Ticker: AR1 - Exchange: ASX - Region: North West Queensland - Primary commodity: Copper - Secondary commodities: None reported - Document categories: Drill results, Other - Extracted: 2026-10-11 22:15:59 UTC Narrative sentiment: 0.70 · Bullish ## Minestarters Atlas summary Austral Resources Australia Limited announced new drill results from its McLeod Hill copper system, expanding the known strike length to over 1 km. Key intercepts include 5m at 2.32% copper from 70m and 20m at 0.59% copper from 67m. The mineralization remains open along strike and at depth, and the project is located close to existing processing infrastructure. Reasoning: New drilling at McLeod Hill has significantly expanded the known copper system to over 1 km, with several high-grade intercepts extending mineralization both north and south of the existing resource. The project's proximity to established infrastructure enhances its strategic value, though reported widths are downhole only. - Positive factor: Step-Out Extension - Positive factor: High Grade - Positive factor: QA/QC Disclosed - Positive factor: Nearology Play - Negative factor: Apparent Width Only Facts used in scoring: 3 ## Classification and evidence No classification tags are available. ## Extracted facts Stored fact records: 3. Some facts used in scoring do not have a stored record. ## Drill Results (3) ### MTKC0722 [Link to this fact](https://atlas-staging.minestarters.com/news/ar1-mcleod-hill-copper-footprint-expands-beyond-1km--713b39d3-0ed6-4bbb-bce9-2d3e4acbb7f5#fact-drill-facts-0) McLeod Hill · copper #### Identity - Hole ID: MTKC0722 - Project: McLeod Hill - Commodity: copper - Region: australia\_qld - Reported Region: australia\_qld - Ticker: AR1 #### Geometry - Grade: 0.41 - Grade Unit: % - Intercept: 24 m - From: 67 m - To: 91 m - Hole Depth: 120 m - Intercept Depth: 67 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: MTKC0722:67-91 - Mining Method: open\_pit #### Location - Location: Northern Extension - Easting: 306088 - Northing: 7794335 - Elevation: 376 m - Azimuth: 21 ° - Dip: -60 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS Laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Metal Equivalent - Assumptions Disclosed: No #### Compositing - Cutoff Grade: 0.25 - Cutoff Unit: % Cu - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-11T00:00:00.000Z Reasoning: This intercept confirms the northern extension of mineralization beneath cover, expanding the known footprint of the McLeod Hill copper system. - Positive factor: Step-Out Extension - Positive factor: QA/QC Disclosed - Negative factor: Apparent Width Only Evidence · table > 0.41 Context: 24 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "The deposit currently hosts a Mineral Resource Estimate of 1.68 Mt @ 0.64% Cu2, defined over approximately 470 m of stri" ### MTKC0722 [Link to this fact](https://atlas-staging.minestarters.com/news/ar1-mcleod-hill-copper-footprint-expands-beyond-1km--713b39d3-0ed6-4bbb-bce9-2d3e4acbb7f5#fact-drill-facts-1) McLeod Hill · copper #### Identity - Hole ID: MTKC0722 - Project: McLeod Hill - Commodity: copper - Region: australia\_qld - Reported Region: australia\_qld - Ticker: AR1 #### Geometry - Grade: 0.58 - Grade Unit: % - Intercept: 8 m - From: 71 m - To: 79 m - Hole Depth: 120 m - Intercept Depth: 67 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: MTKC0722:71-79 - Mining Method: open\_pit #### Location - Location: Northern Extension - Easting: 306088 - Northing: 7794335 - Elevation: 376 m - Azimuth: 21 ° - Dip: -60 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS Laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Metal Equivalent - Assumptions Disclosed: No #### Compositing - Cutoff Grade: 0.25 - Cutoff Unit: % Cu - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-11T00:00:00.000Z Reasoning: This higher-grade sub-interval within the northern extension further enhances the prospectivity of the area. - Positive factor: Step-Out Extension - Positive factor: High Grade - Positive factor: QA/QC Disclosed - Negative factor: Apparent Width Only Evidence · table > 0.58 Context: 8 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "The deposit currently hosts a Mineral Resource Estimate of 1.68 Mt @ 0.64% Cu2, defined over approximately 470 m of stri" ### MTKC0747 [Link to this fact](https://atlas-staging.minestarters.com/news/ar1-mcleod-hill-copper-footprint-expands-beyond-1km--713b39d3-0ed6-4bbb-bce9-2d3e4acbb7f5#fact-drill-facts-2) McLeod Hill · copper #### Identity - Hole ID: MTKC0747 - Project: McLeod Hill - Commodity: copper - Region: australia\_qld - Reported Region: australia\_qld - Ticker: AR1 #### Geometry - Grade: 2.32 - Grade Unit: % - Intercept: 5 m - From: 70 m - To: 75 m - Hole Depth: 100 m - Intercept Depth: 70 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: MTKC0747:70-75 - Mining Method: open\_pit #### Location - Location: Southern Extension - Easting: 306341 - Northing: 7793648 - Elevation: 340 m - Azimuth: 80 ° - Dip: -60 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS Laboratory - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Metal Equivalent - Assumptions Disclosed: No #### Compositing - Cutoff Grade: 0.25 - Cutoff Unit: % Cu - Dilution Disclosed: Yes - Max Dilution: 1 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-11T00:00:00.000Z Reasoning: This high-grade intercept significantly extends mineralization to the south, validating the revised geological model and indicating strong potential. - Positive factor: High Grade - Positive factor: Step-Out Extension - Positive factor: QA/QC Disclosed - Negative factor: Apparent Width Only Evidence · table > 2.32 Context: 5 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "The deposit currently hosts a Mineral Resource Estimate of 1.68 Mt @ 0.64% Cu2, defined over approximately 470 m of stri" ## 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.