AUG: Multiple Mineralised Shoots Defined at Music Well
Original announcement by asx on
- Company
- Augustus Minerals
- Ticker
- AUG
- Exchange
- ASX
- Region
- Western Australia
- Primary commodity
- Gold
- Secondary commodities
- Molybdenum, Tellurium, Bismuth, Tungsten
- Document categories
- Drill results
- Extracted
- 2026-10-01 00:23:53 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Augustus Minerals has identified two higher-grade gold shoots at the Music Well Gold Project in Western Australia, which remain open to the north-northeast. Recent RC drilling returned several significant intercepts, including 8m at 3.27 g/t gold, while diamond drilling at MWD0001 confirmed the presence of the mineralised system at depth despite lower grades.
Reasoning: The announcement defines two high-grade shoots at the Music Well project, providing structural continuity and high-grade intercepts, though the diamond drilling at MWD0001 was relatively low-grade.
Positive factors
- Identification of two distinct mineralised shoots
- High-grade intercepts (3.27 g/t Au)
- Shoots are open to the north-northeast
- Proximity to active mining operations
Negative factors
- MWD0001 intersected only distal/lower-grade parts of the system
- Heavy rain causing drilling delays
Facts used in scoring: 10
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: Release details sampling, core orientation, and laboratory procedures including Intertek Kalgoorlie.
Evidence · text
“All samples were transported by Augustus personnel directly to the Intertek laboratory Kalgoorlie.”
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: Project abuts tenements of active mining operations of Northern Star Resources and Genesis Minerals.
Evidence · text
“it also abuts tenements of active mining operations of Northern Star Resources and Genesis Minerals”
Extracted facts
Stored fact records: 10. Some facts used in scoring do not have a stored record.
Drill Results (10)
MWRC0006Music Well · goldGrade: 2.41Grade Unit: g/tIntercept: 11 mView all detailsHide details
Identity
- Hole ID
- MWRC0006
- Project
- Music Well
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- AUG
Geometry
- Grade
- 2.41
- Grade Unit
- g/t
- Intercept
- 11 m
- From
- 32 m
- To
- 43 m
- Intercept Depth
- 32 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- MWRC0006:32-43
- Mining Method
- unknown
Location
- CRS
- GDA94 MGA Zone 51
- EPSG
- 28351
QA/QC
- Laboratory
- Intertek
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: Significant gold intercept defining a shoot.
Positive factors
- Strong grade and width
Evidence · text
“11m at 2.41g/t gold from 32m in MWRC0006”
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
MWRC0010Music Well · goldGrade: 2.04Grade Unit: g/tIntercept: 7 mView all detailsHide details
Identity
- Hole ID
- MWRC0010
- Project
- Music Well
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- AUG
Geometry
- Grade
- 2.04
- Grade Unit
- g/t
- Intercept
- 7 m
Classification
- Program
- exploration
- Sample Type
- drill
- Mining Method
- unknown
Location
- CRS
- GDA94 MGA Zone 51
- EPSG
- 28351
QA/QC
- Laboratory
- Intertek
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: Strong intersection within the eastern shoot.
Positive factors
- Defines eastern shoot
Evidence · text
“7m @ 2.04g/t Au2”
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
MWRC0019Music Well · goldGrade: 3.27Grade Unit: g/tIntercept: 8 mView all detailsHide details
Identity
- Hole ID
- MWRC0019
- Project
- Music Well
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- AUG
Geometry
- Grade
- 3.27
- Grade Unit
- g/t
- Intercept
- 8 m
- From
- 72 m
- To
- 80 m
- Intercept Depth
- 72 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- MWRC0019:72-80
- Mining Method
- unknown
Location
- CRS
- GDA94 MGA Zone 51
- EPSG
- 28351
QA/QC
- Laboratory
- Intertek
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: High grade intercept contributing to shoot definition.
Positive factors
- High grade intercept
Evidence · text
“8m at 3.27g/t gold from 72m in MWRC0019”
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
MWRC0015Music Well · goldGrade: 1.38Grade Unit: g/tIntercept: 5 mView all detailsHide details
Identity
- Hole ID
- MWRC0015
- Project
- Music Well
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- AUG
Geometry
- Grade
- 1.38
- Grade Unit
- g/t
- Intercept
- 5 m
Classification
- Program
- exploration
- Sample Type
- drill
- Mining Method
- unknown
Location
- CRS
- GDA94 MGA Zone 51
- EPSG
- 28351
QA/QC
- Laboratory
- Intertek
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: Moderate grade intercept.
Evidence · text
“5m at 1.38g/t Au3”
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
MWRC0010Music Well · goldGrade: 0.83Grade Unit: g/tIntercept: 34 mView all detailsHide details
Identity
- Hole ID
- MWRC0010
- Project
- Music Well
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- AUG
Geometry
- Grade
- 0.83
- Grade Unit
- g/t
- Intercept
- 34 m
- From
- 38 m
- To
- 72 m
- Intercept Depth
- 38 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- MWRC0010:38-72
- Mining Method
- unknown
Location
- CRS
- GDA94 MGA Zone 51
- EPSG
- 28351
QA/QC
- Laboratory
- Intertek
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: Wide but lower grade intercept.
Positive factors
- Significant width
Negative factors
- Lower grade
Evidence · text
“34m at 0.83g/t gold from 38m in MWRC0010”
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
MWD0001Music Well · goldGrade: 0.47Grade Unit: g/tIntercept: 2 mView all detailsHide details
Identity
- Hole ID
- MWD0001
- Project
- Music Well
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- AUG
Geometry
- Grade
- 0.47
- Grade Unit
- g/t
- Intercept
- 2 m
- From
- 56 m
- To
- 58 m
- Hole Depth
- 201.7 m
- Intercept Depth
- 56 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- MWD0001:56-58
- Mining Method
- unknown
Location
- CRS
- GDA94 MGA Zone 51
- EPSG
- 28351
QA/QC
- Laboratory
- Intertek
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: Distal part of the system with low grade.
Negative factors
- Low grade
Evidence · table
“0.47”
Context: 2
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
MWD0001Music Well · goldGrade: 0.31Grade Unit: g/tIntercept: 6 mView all detailsHide details
Identity
- Hole ID
- MWD0001
- Project
- Music Well
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- AUG
Geometry
- Grade
- 0.31
- Grade Unit
- g/t
- Intercept
- 6 m
- From
- 79 m
- To
- 85 m
- Hole Depth
- 201.7 m
- Intercept Depth
- 79 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- MWD0001:79-85
- Mining Method
- unknown
Location
- CRS
- GDA94 MGA Zone 51
- EPSG
- 28351
QA/QC
- Laboratory
- Intertek
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: Low grade distal intersection.
Negative factors
- Low grade
Evidence · table
“0.31”
Context: 6
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
MWD0001Music Well · goldGrade: 0.43Grade Unit: g/tIntercept: 5 mView all detailsHide details
Identity
- Hole ID
- MWD0001
- Project
- Music Well
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- AUG
Geometry
- Grade
- 0.43
- Grade Unit
- g/t
- Intercept
- 5 m
- From
- 106 m
- To
- 111 m
- Hole Depth
- 201.7 m
- Intercept Depth
- 106 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- MWD0001:106-111
- Mining Method
- unknown
Location
- CRS
- GDA94 MGA Zone 51
- EPSG
- 28351
QA/QC
- Laboratory
- Intertek
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: Low grade distal intersection.
Negative factors
- Low grade
Evidence · table
“0.43”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
MWD0001Music Well · goldGrade: 0.22Grade Unit: g/tIntercept: 12 mView all detailsHide details
Identity
- Hole ID
- MWD0001
- Project
- Music Well
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- AUG
Geometry
- Grade
- 0.22
- Grade Unit
- g/t
- Intercept
- 12 m
- From
- 117 m
- To
- 129 m
- Hole Depth
- 201.7 m
- Intercept Depth
- 117 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- MWD0001:117-129
- Mining Method
- unknown
Location
- CRS
- GDA94 MGA Zone 51
- EPSG
- 28351
QA/QC
- Laboratory
- Intertek
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: Low grade distal intersection.
Negative factors
- Low grade
Evidence · table
“0.22”
Context: 12
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
MWD0001Music Well · goldGrade: 0.29Grade Unit: g/tIntercept: 4 mView all detailsHide details
Identity
- Hole ID
- MWD0001
- Project
- Music Well
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- AUG
Geometry
- Grade
- 0.29
- Grade Unit
- g/t
- Intercept
- 4 m
- From
- 141 m
- To
- 145 m
- Hole Depth
- 201.7 m
- Intercept Depth
- 141 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- MWD0001:141-145
- Mining Method
- unknown
Location
- CRS
- GDA94 MGA Zone 51
- EPSG
- 28351
QA/QC
- Laboratory
- Intertek
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: Low grade distal intersection.
Negative factors
- Low grade
Evidence · table
“0.29”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
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.