# AUG: Multiple Mineralised Shoots Defined at Music Well

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/aug-multiple-mineralised-shoots-defined-at-music-well--0ad8d610-047f-45c9-921e-4ba95c9a4ff4

Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03147055

Publisher: asx

Original announcement: 2026-09-30T23:10:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-01T00:23:52.307Z

Atlas analysis updated: 2026-10-01T00:23:52.307Z

- 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

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas 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 factor: Identification of two distinct mineralised shoots

- Positive factor: High-grade intercepts \(3.27 g/t Au\)

- Positive factor: Shoots are open to the north-northeast

- Positive factor: Proximity to active mining operations

- Negative factor: MWD0001 intersected only distal/lower-grade parts of the system

- Negative factor: Heavy rain causing drilling delays

Facts used in scoring: 10

## Classification and evidence

**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: 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 Play**

Polarity: neutral

Definition: 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)

### MWRC0006

[Link to this fact](https://atlas-staging.minestarters.com/news/aug-multiple-mineralised-shoots-defined-at-music-well--0ad8d610-047f-45c9-921e-4ba95c9a4ff4#fact-drill-facts-0)

Music Well · gold

#### 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 factor: Strong grade and width

Evidence · text

> 11m at 2.41g/t gold from 32m in MWRC0006

#### 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

**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

### MWRC0010

[Link to this fact](https://atlas-staging.minestarters.com/news/aug-multiple-mineralised-shoots-defined-at-music-well--0ad8d610-047f-45c9-921e-4ba95c9a4ff4#fact-drill-facts-1)

Music Well · gold

#### 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 factor: Defines eastern shoot

Evidence · text

> 7m @ 2.04g/t Au2

#### 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

**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

### MWRC0019

[Link to this fact](https://atlas-staging.minestarters.com/news/aug-multiple-mineralised-shoots-defined-at-music-well--0ad8d610-047f-45c9-921e-4ba95c9a4ff4#fact-drill-facts-2)

Music Well · gold

#### 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 factor: High grade intercept

Evidence · text

> 8m at 3.27g/t gold from 72m in MWRC0019

#### 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

**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

### MWRC0015

[Link to this fact](https://atlas-staging.minestarters.com/news/aug-multiple-mineralised-shoots-defined-at-music-well--0ad8d610-047f-45c9-921e-4ba95c9a4ff4#fact-drill-facts-3)

Music Well · gold

#### 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 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

**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

### MWRC0010

[Link to this fact](https://atlas-staging.minestarters.com/news/aug-multiple-mineralised-shoots-defined-at-music-well--0ad8d610-047f-45c9-921e-4ba95c9a4ff4#fact-drill-facts-4)

Music Well · gold

#### 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 factor: Significant width

- Negative factor: Lower grade

Evidence · text

> 34m at 0.83g/t gold from 38m in MWRC0010

#### 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

**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

### MWD0001

[Link to this fact](https://atlas-staging.minestarters.com/news/aug-multiple-mineralised-shoots-defined-at-music-well--0ad8d610-047f-45c9-921e-4ba95c9a4ff4#fact-drill-facts-5)

Music Well · gold

#### 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 factor: Low grade

Evidence · table

> 0.47

Context: 2

#### 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

**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

### MWD0001

[Link to this fact](https://atlas-staging.minestarters.com/news/aug-multiple-mineralised-shoots-defined-at-music-well--0ad8d610-047f-45c9-921e-4ba95c9a4ff4#fact-drill-facts-6)

Music Well · gold

#### 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 factor: Low grade

Evidence · table

> 0.31

Context: 6

#### 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

**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

### MWD0001

[Link to this fact](https://atlas-staging.minestarters.com/news/aug-multiple-mineralised-shoots-defined-at-music-well--0ad8d610-047f-45c9-921e-4ba95c9a4ff4#fact-drill-facts-7)

Music Well · gold

#### 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 factor: Low grade

Evidence · table

> 0.43

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

**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

### MWD0001

[Link to this fact](https://atlas-staging.minestarters.com/news/aug-multiple-mineralised-shoots-defined-at-music-well--0ad8d610-047f-45c9-921e-4ba95c9a4ff4#fact-drill-facts-8)

Music Well · gold

#### 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 factor: Low grade

Evidence · table

> 0.22

Context: 12

#### 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

**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

### MWD0001

[Link to this fact](https://atlas-staging.minestarters.com/news/aug-multiple-mineralised-shoots-defined-at-music-well--0ad8d610-047f-45c9-921e-4ba95c9a4ff4#fact-drill-facts-9)

Music Well · gold

#### 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 factor: Low grade

Evidence · table

> 0.29

Context: 4

#### 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

**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

## 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.
