# ATT: Altitude Minerals Quarterly Activities and Cashflow Report Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/att-altitude-minerals-quarterly-activities-and-cashflow-report--20d72975-119e-44c3-8143-991fdf4ef0f8 Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03150959 Publisher: asx Original announcement: 2026-10-11T21:39:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-11T22:17:38.431Z Atlas analysis updated: 2026-10-11T22:17:38.431Z - Company: Altitude Minerals Ltd - Ticker: ATT - Exchange: ASX - Region: Nevada, USA - Primary commodity: Gold - Secondary commodities: Silver, Copper - Document categories: Other, Drill results, Capital raise - Extracted: 2026-10-11 22:17:39 UTC Narrative sentiment: -0.20 · Bearish ## Minestarters Atlas summary Altitude Minerals reported a successful $1.2 million placement and is preparing for RC drilling in Nevada at the Firenze and W-Projects. However, the company has withdrawn from its JV at the Byrock Project in NSW following disappointing drill results that failed to meet technical thresholds. Reasoning: The report is a mixed quarterly update: successful capital raising and high-grade surface samples in Nevada are offset by the failure of the Byrock copper-gold project and subsequent exit from the JV. - Positive factor: Successful $1.2m placement - Positive factor: High-grade historical rock chips at Firenze \(1,825 g/t Ag, 44 g/t Au\) - Positive factor: Expansion of W-Project land position - Negative factor: Disappointing assay results at Byrock Project leading to withdrawal from JV - Negative factor: Byrock Project failed to meet technical thresholds - Negative factor: Low cash runway \(1.5 quarters\) Facts used in scoring: 7 ## Classification and evidence **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: The report mentions validating existing projects and monitoring opportunities, but the primary drilling at Byrock was testing priority targets. Evidence · text > The company continued to validate and drill-test existing projects **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: The company uses the Midas Mine as a direct analogue for the Firenze Project. Evidence · text > Midas is one of the deposits Altitude is using as a direct analogue for Firenze. ## Extracted facts Stored fact records: 7. Some facts used in scoring do not have a stored record. ## Drill Results (7) ### 26BY04 [Link to this fact](https://atlas-staging.minestarters.com/news/att-altitude-minerals-quarterly-activities-and-cashflow-report--20d72975-119e-44c3-8143-991fdf4ef0f8#fact-drill-facts-0) Byrock · gold #### Identity - Hole ID: 26BY04 - Project: Byrock - Commodity: gold - Region: australia - Reported Region: australia - Ticker: ATT #### Geometry - Grade: 0.06 - Grade Unit: g/t - Intercept: 27 m - From: 42 m - To: 69 m - Intercept Depth: 42 m #### Classification - Sample Type: drill - Group ID: 26BY04:42-69 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-11T00:00:00.000Z Reasoning: The intercept of 0.06 g/t Au is described as 'minor gold' and part of a disappointing result that led to project withdrawal. - Negative factor: Grade is below economic thresholds Evidence · text > best result of 27m @ 0.06g/t Au from 42m recorded in hole 26BY04 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### W87-1 [Link to this fact](https://atlas-staging.minestarters.com/news/att-altitude-minerals-quarterly-activities-and-cashflow-report--20d72975-119e-44c3-8143-991fdf4ef0f8#fact-drill-facts-1) W-Project · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: W87-1 - Project: W-Project - Commodity: gold - Region: usa\_nv - Reported Region: usa\_nv - Ticker: ATT #### Geometry - Grade: 1.3 - Grade Unit: g/t - Intercept: 37 m - From: 31 m - To: 68 m - Intercept Depth: 31 m #### Classification - Sample Type: drill - Group ID: W87-1:31-68 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-10-11T00:00:00.000Z Reasoning: Historical intersection reported as part of project background. - Positive factor: Significant historical intersection Evidence · text > 37m @ 1.30 g/t Au, 9.8 g/t Ag from 31m \(W87-1\) #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### W87-1 [Link to this fact](https://atlas-staging.minestarters.com/news/att-altitude-minerals-quarterly-activities-and-cashflow-report--20d72975-119e-44c3-8143-991fdf4ef0f8#fact-drill-facts-2) W-Project · silver Historical result Needs review: historical\_restatement #### Identity - Hole ID: W87-1 - Project: W-Project - Commodity: silver - Region: usa\_nv - Reported Region: usa\_nv - Ticker: ATT #### Geometry - Grade: 9.8 - Grade Unit: g/t - Intercept: 37 m - From: 31 m - To: 68 m - Intercept Depth: 31 m #### Classification - Sample Type: drill - Group ID: W87-1:31-68 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-10-11T00:00:00.000Z Reasoning: Historical intersection reported as part of project background. - Positive factor: Significant historical intersection Evidence · text > 37m @ 1.30 g/t Au, 9.8 g/t Ag from 31m \(W87-1\) #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### W87-6 [Link to this fact](https://atlas-staging.minestarters.com/news/att-altitude-minerals-quarterly-activities-and-cashflow-report--20d72975-119e-44c3-8143-991fdf4ef0f8#fact-drill-facts-3) W-Project · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: W87-6 - Project: W-Project - Commodity: gold - Region: usa\_nv - Reported Region: usa\_nv - Ticker: ATT #### Geometry - Grade: 3.75 - Grade Unit: g/t - Intercept: 3 m - From: 73 m - To: 76 m - Intercept Depth: 73 m #### Classification - Sample Type: drill - Group ID: W87-6:73-76 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-10-11T00:00:00.000Z Reasoning: Historical intersection reported as part of project background. - Positive factor: High grade for narrow interval Evidence · text > 3m @ 3.75 g/t Au, 4.2 g/t Ag from 73m \(W87-6\) #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### W87-6 [Link to this fact](https://atlas-staging.minestarters.com/news/att-altitude-minerals-quarterly-activities-and-cashflow-report--20d72975-119e-44c3-8143-991fdf4ef0f8#fact-drill-facts-4) W-Project · silver Historical result Needs review: historical\_restatement #### Identity - Hole ID: W87-6 - Project: W-Project - Commodity: silver - Region: usa\_nv - Reported Region: usa\_nv - Ticker: ATT #### Geometry - Grade: 4.2 - Grade Unit: g/t - Intercept: 3 m - From: 73 m - To: 76 m - Intercept Depth: 73 m #### Classification - Sample Type: drill - Group ID: W87-6:73-76 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-10-11T00:00:00.000Z Reasoning: Historical intersection reported as part of project background. - Positive factor: High grade for narrow interval Evidence · text > 3m @ 3.75 g/t Au, 4.2 g/t Ag from 73m \(W87-6\) #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### DWP92-2 [Link to this fact](https://atlas-staging.minestarters.com/news/att-altitude-minerals-quarterly-activities-and-cashflow-report--20d72975-119e-44c3-8143-991fdf4ef0f8#fact-drill-facts-5) W-Project · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: DWP92-2 - Project: W-Project - Commodity: gold - Region: usa\_nv - Reported Region: usa\_nv - Ticker: ATT #### Geometry - Grade: 1.6 - Grade Unit: g/t - Intercept: 3 m - From: 81 m - To: 84 m - Intercept Depth: 81 m #### Classification - Sample Type: drill - Group ID: DWP92-2:81-84 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-10-11T00:00:00.000Z Reasoning: Historical intersection reported as part of project background. - Positive factor: Historical intersection Evidence · text > 3m @ 1.6 g/t Au, 22 g/t Ag from 81m \(DWP92-2\) #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### DWP92-2 [Link to this fact](https://atlas-staging.minestarters.com/news/att-altitude-minerals-quarterly-activities-and-cashflow-report--20d72975-119e-44c3-8143-991fdf4ef0f8#fact-drill-facts-6) W-Project · silver Historical result Needs review: historical\_restatement #### Identity - Hole ID: DWP92-2 - Project: W-Project - Commodity: silver - Region: usa\_nv - Reported Region: usa\_nv - Ticker: ATT #### Geometry - Grade: 22 - Grade Unit: g/t - Intercept: 3 m - From: 81 m - To: 84 m - Intercept Depth: 81 m #### Classification - Sample Type: drill - Group ID: DWP92-2:81-84 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-10-11T00:00:00.000Z Reasoning: Historical intersection reported as part of project background. - Positive factor: Historical intersection Evidence · text > 3m @ 1.6 g/t Au, 22 g/t Ag from 81m \(DWP92-2\) #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ## 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.