ARI: High-Grade Gold Lode discovered at Cosmopolitan Gold Mine
Original announcement by asx on
- Company
- Arika Resources Limited
- Ticker
- ARI
- Exchange
- ASX
- Region
- Unavailable
- Primary commodity
- Gold
- Secondary commodities
- None reported
- Document categories
- Drill results, Other
- Extracted
- 2026-10-18 23:18:55 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Arika Resources Limited has announced the discovery of a new high-grade gold lode at its Kookynie Gold Project in Western Australia, approximately 200m down-plunge from historical mining at the Cosmopolitan Gold Mine. Drilling returned outstanding intercepts including 5m @ 12.34g/t Au, with a bonanza sub-interval of 1m @ 49.92g/t Au, from a previously unrecognised hangingwall structure. The company also reported encouraging high-grade results from other targets and plans further drilling at Kookynie and Yundamindra.
Reasoning: The announcement reports a new high-grade gold discovery with bonanza intercepts, extending mineralization significantly beyond historical workings, supported by robust QA/QC and JORC compliance. The 5m at 12.34 g/t Au (61.7 g/t*m) is a strong result, and the 1m at 49.92 g/t Au sub-interval is exceptional, exceeding the project's best historical grade x metres. This discovery opens up a large, high-priority target area.
Positive factors
- Bonanza Intercept
- True Width Disclosed
- Step-Out Extension
- QA/QC Disclosed
- Compositing Transparent
Low confidence — this extraction should be reviewed alongside the original source.
Facts used in scoring: 12
Classification and evidence
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: The release includes detailed QA/QC procedures, including the use of Intertek Laboratory, QP sign-off, and methods like blanks, standards, and duplicates.
Evidence · text
“All of the samples being reported on in this release were collected utilising industry standard Reverse Circulation (RC) drilling techniques... All samples described in this announcement have been submitted to Intertek Laboratory in Kalgoorlie... Field duplicates, blanks and CRM standards were inserted every 25 samples... The information that relates to Exploration Results is based upon and fairly represents information compiled by Mr Steve Vallance, who is a shareholder and full-time employee of Arika Resources Ltd in the role of General Manager Exploration and Executive Technical Director. Mr Vallance is a Member of The Australian Institute of Geoscientists (AIG). Mr Vallance has sufficient experience which is relevant to the style of mineralisation and type of deposits under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves” (the JORC Code 2012).”
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: The release clearly states the cut-off grades used for compositing (0.1 g/t Au for low-grade, 0.5 g/t Au, 5.0 g/t Au, and 10.0 g/t Au for high-grade) and the maximum internal dilution (generally 4m).
Evidence · text
“Intercepts were defined geologically based on an interpretation of the target zone at a given location. Length weighted grades were then calculated based on a sample returning an assay value of greater than 0.1 g/t Au for the low-grade envelope and internal zones of greater than 0.5 g/t Au and 5.0 g/t Au respectfully. Generally, no more than 4 metres of internal material that graded less than 0.1 g/t Au was included except where a Raft or ‘Horse’ of lower grade country rock was interpreted as being within the targeted lode zone as defined by adjacent holes.”
Extracted facts
Stored fact records: 12. Some facts used in scoring do not have a stored record.
Drill Results (12)
26AKRC007Kookynie · goldGrade: 12.34Grade Unit: g/tIntercept: 5 mView all detailsHide details
Identity
- Hole ID
- 26AKRC007
- Project
- Kookynie
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- ARI
Geometry
- Grade
- 12.34
- Grade Unit
- g/t
- Intercept
- 5 m
- From
- 162 m
- To
- 167 m
- Hole Depth
- 238 m
- Intercept Depth
- 162 m
Classification
- Deposit Type
- orogenic
- Program
- exploration
- Sample Type
- drill
- Group ID
- 26AKRC007:162-167
- Mining Method
- underground
Location
- Easting
- 354339
- Northing
- 6753563
- CRS
- GDA2020 MGA Zone 51
- EPSG
- 7851
- Elevation
- 433 m
- Azimuth
- 270 °
- Dip
- -60 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- Intertek
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Compositing
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t Au
- Dilution Disclosed
- Yes
- Max Dilution
- 4 m
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: This intercept of 5m at 12.34 g/t Au is a strong result for orogenic gold, and its grade-width product (61.7 g/t*m) exceeds the project's best historical grade x metres, indicating significant potential. It represents a new discovery 200m beyond historical mining.
Positive factors
- Bonanza Intercept
- True Width Disclosed
- Step-Out Extension
Evidence · table
“12.34”
Context: 5
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
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both 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: The grade of 12.34 g/t Au over 5m is strong, and the sub-interval of 49.92 g/t Au is exceptional for orogenic gold deposits.
Evidence · text
“5m @ 12.34g/t Au including 1m @ 49.92g/t Au”
True Width DisclosedRejected · positive
Actual thickness perpendicular to structure is stated, not just downhole length.
Reason: The document states that drilling was designed to intersect the target zone orthogonal to both strike and dip, meaning the downhole length is close to the true thickness.
Evidence · text
“Drilling was designed as perpendicular as possible to the interpreted structure that hosts mineralisation to avoid introducing any bias. The downhole length is therefore close to the true thickness.”
Step-Out ExtensionRejected · positive
Mineralization extended beyond the previously known limit.
Reason: The new high-grade lode was discovered approximately 200m down-plunge of the main area of historical mining, extending the known mineralization.
Evidence · text
“New high-grade gold lode discovered at the historical Cosmopolitan Gold Mine, ~200m down-plunge of the main area of historical mining.”
26AKRC007Kookynie · goldGrade: 49.92Grade Unit: g/tIntercept: 1 mView all detailsHide details
Identity
- Hole ID
- 26AKRC007
- Project
- Kookynie
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- ARI
Geometry
- Grade
- 49.92
- Grade Unit
- g/t
- Intercept
- 1 m
- From
- 162 m
- To
- 163 m
- Hole Depth
- 238 m
- Intercept Depth
- 162 m
Classification
- Deposit Type
- orogenic
- Program
- exploration
- Sample Type
- drill
- Group ID
- 26AKRC007:162-163
- Mining Method
- underground
Location
- Easting
- 354339
- Northing
- 6753563
- CRS
- GDA2020 MGA Zone 51
- EPSG
- 7851
- Elevation
- 433 m
- Azimuth
- 270 °
- Dip
- -60 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- Intertek
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Compositing
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t Au
- Dilution Disclosed
- Yes
- Max Dilution
- 4 m
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: This bonanza intercept of 1m at 49.92 g/t Au is an exceptional grade for orogenic gold, significantly contributing to the overall high-grade discovery and indicating very high-grade mineralization within the new lode.
Positive factors
- Bonanza Intercept
- True Width Disclosed
- Step-Out Extension
Evidence · table
“49.92”
Context: 1
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
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both 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: The grade of 49.92 g/t Au over 1m is exceptional for orogenic gold deposits, well above the exceptional threshold of 15 g/t Au for underground mining.
Evidence · text
“1m @ 49.92g/t Au from 162m”
26AKRC007Kookynie · goldGrade: 7.76Grade Unit: g/tIntercept: 1 mView all detailsHide details
Identity
- Hole ID
- 26AKRC007
- Project
- Kookynie
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- ARI
Geometry
- Grade
- 7.76
- Grade Unit
- g/t
- Intercept
- 1 m
- From
- 166 m
- To
- 167 m
- Hole Depth
- 238 m
- Intercept Depth
- 162 m
Classification
- Deposit Type
- orogenic
- Program
- exploration
- Sample Type
- drill
- Group ID
- 26AKRC007:166-167
- Mining Method
- underground
Location
- Easting
- 354339
- Northing
- 6753563
- CRS
- GDA2020 MGA Zone 51
- EPSG
- 7851
- Elevation
- 433 m
- Azimuth
- 270 °
- Dip
- -60 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- Intertek
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Compositing
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t Au
- Dilution Disclosed
- Yes
- Max Dilution
- 4 m
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: This intercept of 1m at 7.76 g/t Au is a strong grade for orogenic gold, further supporting the high-grade nature of the new discovery.
Positive factors
- True Width Disclosed
- Step-Out Extension
Evidence · table
“7.76”
Context: 1
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
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
26AKRC004Kookynie · goldGrade: 1.59Grade Unit: g/tIntercept: 9 mView all detailsHide details
Identity
- Hole ID
- 26AKRC004
- Project
- Kookynie
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- ARI
Geometry
- Grade
- 1.59
- Grade Unit
- g/t
- Intercept
- 9 m
- From
- 188 m
- To
- 197 m
- Hole Depth
- 241 m
- Intercept Depth
- 127 m
Classification
- Deposit Type
- orogenic
- Program
- exploration
- Sample Type
- drill
- Group ID
- 26AKRC004:188-197
- Mining Method
- underground
Location
- Easting
- 354381
- Northing
- 6753562
- CRS
- GDA2020 MGA Zone 51
- EPSG
- 7851
- Elevation
- 434 m
- Azimuth
- 270 °
- Dip
- -60 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- Intertek
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Compositing
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t Au
- Dilution Disclosed
- Yes
- Max Dilution
- 4 m
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: This intercept of 9m at 1.59 g/t Au is a moderate grade for orogenic gold, contributing to the new discovery in the hangingwall lode.
Positive factors
- True Width Disclosed
- Step-Out Extension
Evidence · table
“1.59”
Context: 9
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
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
26AKRC004Kookynie · goldGrade: 4.48Grade Unit: g/tIntercept: 3 mView all detailsHide details
Identity
- Hole ID
- 26AKRC004
- Project
- Kookynie
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- ARI
Geometry
- Grade
- 4.48
- Grade Unit
- g/t
- Intercept
- 3 m
- From
- 193 m
- To
- 196 m
- Hole Depth
- 241 m
- Intercept Depth
- 127 m
Classification
- Deposit Type
- orogenic
- Program
- exploration
- Sample Type
- drill
- Group ID
- 26AKRC004:193-196
- Mining Method
- underground
Location
- Easting
- 354381
- Northing
- 6753562
- CRS
- GDA2020 MGA Zone 51
- EPSG
- 7851
- Elevation
- 434 m
- Azimuth
- 270 °
- Dip
- -60 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- Intertek
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Compositing
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t Au
- Dilution Disclosed
- Yes
- Max Dilution
- 4 m
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: This intercept of 3m at 4.48 g/t Au is a strong grade for orogenic gold, enhancing the overall significance of the new discovery.
Positive factors
- True Width Disclosed
- Step-Out Extension
Evidence · table
“4.48”
Context: 3
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
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
26AKRC004Kookynie · goldGrade: 0.61Grade Unit: g/tIntercept: 9 mView all detailsHide details
Identity
- Hole ID
- 26AKRC004
- Project
- Kookynie
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- ARI
Geometry
- Grade
- 0.61
- Grade Unit
- g/t
- Intercept
- 9 m
- From
- 200 m
- To
- 209 m
- Hole Depth
- 241 m
- Intercept Depth
- 127 m
Classification
- Deposit Type
- orogenic
- Program
- exploration
- Sample Type
- drill
- Group ID
- 26AKRC004:200-209
- Mining Method
- underground
Location
- Easting
- 354381
- Northing
- 6753562
- CRS
- GDA2020 MGA Zone 51
- EPSG
- 7851
- Elevation
- 434 m
- Azimuth
- 270 °
- Dip
- -60 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- Intertek
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Compositing
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t Au
- Dilution Disclosed
- Yes
- Max Dilution
- 4 m
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: This intercept of 9m at 0.61 g/t Au is a weak grade for orogenic gold, but still contributes to the overall understanding of the mineralized system.
Positive factors
- True Width Disclosed
- Step-Out Extension
Evidence · table
“0.61”
Context: 9
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
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
26AKRC004Kookynie · goldGrade: 3.87Grade Unit: g/tIntercept: 1 mView all detailsHide details
Identity
- Hole ID
- 26AKRC004
- Project
- Kookynie
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- ARI
Geometry
- Grade
- 3.87
- Grade Unit
- g/t
- Intercept
- 1 m
- From
- 205 m
- To
- 206 m
- Hole Depth
- 241 m
- Intercept Depth
- 127 m
Classification
- Deposit Type
- orogenic
- Program
- exploration
- Sample Type
- drill
- Group ID
- 26AKRC004:205-206
- Mining Method
- underground
Location
- Easting
- 354381
- Northing
- 6753562
- CRS
- GDA2020 MGA Zone 51
- EPSG
- 7851
- Elevation
- 434 m
- Azimuth
- 270 °
- Dip
- -60 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- Intertek
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Compositing
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t Au
- Dilution Disclosed
- Yes
- Max Dilution
- 4 m
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: This intercept of 1m at 3.87 g/t Au is a strong grade for orogenic gold, providing a high-grade component within the broader mineralized zone.
Positive factors
- True Width Disclosed
- Step-Out Extension
Evidence · table
“3.87”
Context: 1
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
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
26AKRC027Kookynie · goldGrade: 11.77Grade Unit: g/tIntercept: 1 mView all detailsHide details
Identity
- Hole ID
- 26AKRC027
- Project
- Kookynie
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- ARI
Geometry
- Grade
- 11.77
- Grade Unit
- g/t
- Intercept
- 1 m
- From
- 63 m
- To
- 64 m
- Hole Depth
- 123 m
- Intercept Depth
- 63 m
Classification
- Deposit Type
- orogenic
- Program
- exploration
- Sample Type
- drill
- Group ID
- 26AKRC027:63-64
- Mining Method
- underground
Location
- Location
- Irishman
- Easting
- 354574
- Northing
- 6753642
- CRS
- GDA2020 MGA Zone 51
- EPSG
- 7851
- Elevation
- 430 m
- Azimuth
- 315 °
- Dip
- -60 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- Intertek
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Compositing
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t Au
- Dilution Disclosed
- Yes
- Max Dilution
- 4 m
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: This intercept of 1m at 11.77 g/t Au is a bonanza grade for orogenic gold, indicating high-grade mineralization at the Irishman target and reinforcing the broader potential of the Kookynie project.
Positive factors
- Bonanza Intercept
- True Width Disclosed
Evidence · table
“11.77”
Context: 1
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
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both 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: The grade of 11.77 g/t Au over 1m is strong for orogenic gold deposits, approaching the exceptional threshold of 15 g/t Au for underground mining.
Evidence · text
“1m @ 11.77g/t Au from 63m (26AKRC027)”
26AKRC031Kookynie · goldGrade: 6.34Grade Unit: g/tIntercept: 4 mView all detailsHide details
Identity
- Hole ID
- 26AKRC031
- Project
- Kookynie
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- ARI
Geometry
- Grade
- 6.34
- Grade Unit
- g/t
- Intercept
- 4 m
- From
- 16 m
- To
- 20 m
- Hole Depth
- 88 m
- Intercept Depth
- 16 m
Classification
- Deposit Type
- orogenic
- Program
- exploration
- Sample Type
- drill
- Group ID
- 26AKRC031:16-20
- Mining Method
- underground
Location
- Location
- Welshman
- Easting
- 354612
- Northing
- 6753294
- CRS
- GDA2020 MGA Zone 51
- EPSG
- 7851
- Elevation
- 429.7 m
- Azimuth
- 315 °
- Dip
- -60 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- Intertek
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Compositing
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t Au
- Dilution Disclosed
- Yes
- Max Dilution
- 4 m
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: This intercept of 4m at 6.34 g/t Au is a strong grade for orogenic gold, indicating promising results from the Welshman target.
Positive factors
- True Width Disclosed
Evidence · table
“6.34”
Context: 4
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
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
26AKRC018Kookynie · goldGrade: 8.24Grade Unit: g/tIntercept: 4 mView all detailsHide details
Identity
- Hole ID
- 26AKRC018
- Project
- Kookynie
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- ARI
Geometry
- Grade
- 8.24
- Grade Unit
- g/t
- Intercept
- 4 m
- From
- 90 m
- To
- 94 m
- Hole Depth
- 94 m
- Intercept Depth
- 90 m
Classification
- Deposit Type
- orogenic
- Program
- exploration
- Sample Type
- drill
- Group ID
- 26AKRC018:90-94
- Mining Method
- underground
Location
- Location
- Altona South
- Easting
- 355280
- Northing
- 6752900
- CRS
- GDA2020 MGA Zone 51
- EPSG
- 7851
- Elevation
- 432 m
- Azimuth
- 270 °
- Dip
- -60 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- Intertek
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Compositing
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t Au
- Dilution Disclosed
- Yes
- Max Dilution
- 4 m
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: This intercept of 4m at 8.24 g/t Au is a bonanza grade for orogenic gold, indicating significant mineralization at the Altona South target.
Positive factors
- Bonanza Intercept
- True Width Disclosed
Evidence · table
“8.24”
Context: 4
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
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both 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: The grade of 8.24 g/t Au over 4m is strong for orogenic gold deposits, approaching the exceptional threshold of 15 g/t Au for underground mining.
Evidence · text
“4m @ 8.24g/t Au from 90m (26AKRC018)”
NXDD003Kookynie · goldGrade: 9.6Grade Unit: g/tIntercept: 3 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- NXDD003
- Project
- Kookynie
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- ARI
Geometry
- Grade
- 9.6
- Grade Unit
- g/t
- Intercept
- 3 m
- From
- 338.5 m
- To
- 341.5 m
- Intercept Depth
- 338.5 m
Classification
- Deposit Type
- orogenic
- Program
- exploration
- Sample Type
- drill
- Group ID
- NXDD003:338.5-341.5
- Mining Method
- underground
Location
- CRS
- GDA94 MGA Zone 51
- Loc. Confidence
- low
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Compositing
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t Au
- Dilution Disclosed
- Yes
- Max Dilution
- 4 m
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2009-11-05T00:00:00.000Z
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: This is a historical intercept from a previous operator, providing context for the deeper potential of the Cosmopolitan system. While a strong grade, its historical nature limits its novelty and direct materiality to the current announcement.
Evidence · text
“3m @ 9.60g/t Au from 338.5m”
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
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Stale Data Re-releaseRejected · negative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Reason: This intercept was originally reported by Nex Metals in 2009 and is being re-announced for context, not as new assay results.
Evidence · text
“The deeper potential at Cosmopolitan was previously highlighted by a hole drilled by Nex Metals that returned a visible gold hit of 3m @ 9.6g/t Au including 0.5m @ 55.7g/t from 338.5m (NXDD003).”
NXDD003Kookynie · goldGrade: 55.7Grade Unit: g/tIntercept: 0.5 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- NXDD003
- Project
- Kookynie
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- ARI
Geometry
- Grade
- 55.7
- Grade Unit
- g/t
- Intercept
- 0.5 m
- From
- 338.5 m
- To
- 339 m
- Intercept Depth
- 338.5 m
Classification
- Deposit Type
- orogenic
- Program
- exploration
- Sample Type
- drill
- Group ID
- NXDD003:338.5-339
- Mining Method
- underground
Location
- CRS
- GDA94 MGA Zone 51
- Loc. Confidence
- low
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Compositing
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t Au
- Dilution Disclosed
- Yes
- Max Dilution
- 4 m
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2009-11-05T00:00:00.000Z
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: This historical bonanza intercept of 0.5m at 55.70 g/t Au highlights the high-grade potential at depth, but its historical nature means it does not contribute new information to this release.
Evidence · text
“0.50m @ 55.70g/t Au from 338.50m”
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
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Stale Data Re-releaseRejected · negative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Reason: This intercept was originally reported by Nex Metals in 2009 and is being re-announced for context, not as new assay results.
Evidence · text
“The deeper potential at Cosmopolitan was previously highlighted by a hole drilled by Nex Metals that returned a visible gold hit of 3m @ 9.6g/t Au including 0.5m @ 55.7g/t from 338.5m (NXDD003).”
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.