AWJ: Quarterly Activities Report
Original announcement by asx on
- Company
- Auric Mining Limited
- Ticker
- AWJ
- Exchange
- ASX
- Region
- Western Australia
- Primary commodity
- Gold
- Secondary commodities
- None reported
- Document categories
- Drill results, Agreement transaction, Resource update
- Extracted
- 2026-10-14 22:41:39 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Auric Mining Limited reported strong drill results from its Munda Gold Mine, with multiple high-grade intercepts supporting resource extension and grade control. The company also completed the acquisition of the Union Jack Project, adding a new Inferred Mineral Resource of 3.12Mt @ 1.02g/t Au for 102,000oz, which increased the company's total gold resource inventory by 51%. Furthermore, Auric acquired processing infrastructure for the Burbanks plant at a significant discount, de-risking its development timeline.
Reasoning: Auric Mining reported strong drill results from Munda, including multiple bonanza-grade intercepts significantly above the project average, supporting both resource extension and grade control. The company also completed the strategic acquisition of the Union Jack Project, adding a significant new Inferred gold resource and increasing the company's total resource inventory by 51%. Additionally, the acquisition of processing infrastructure for the Burbanks plant at a substantial discount further de-risks project development. While the drill results lack explicit QA/QC disclosure and the new resource is Inferred, the overall news flow is highly positive, demonstrating significant progress towards production.
Positive factors
- Bonanza Intercept
- Step-Out Extension
- Strategic Acquisition
- Cost Savings
- Maiden Resource
- Tonnage Growth
- Contained Metal Growth
- JORC Compliant
- Positive Economics
Negative factors
- No QA/QC Disclosure
- Inferred Resource
Facts used in scoring: 20
Extracted facts
Stored fact records: 20. Some facts used in scoring do not have a stored record.
Drill Results (18)
AMRC072Munda Gold Mine · goldGrade: 10.49Grade Unit: g/tIntercept: 4 mView all detailsHide details
Identity
- Hole ID
- AMRC072
- Project
- Munda Gold Mine
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- AWJ
Geometry
- Grade
- 10.49
- Grade Unit
- g/t
- Intercept
- 4 m
- From
- 46 m
- To
- 50 m
- Intercept Depth
- 46 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- AMRC072:46-50
- Mining Method
- open_pit
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-14T00:00:00.000Z
Reasoning: High-grade intercept significantly above project average (2.557 g/t Au) and extends mineralization to the west of the planned open pit.
Positive factors
- Bonanza Intercept
- Step-Out Extension
Negative factors
- No QA/QC Disclosure
Evidence · text
“4m @ 10.49g/t Au from 46m (AMRC072)”
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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 intercept of 10.49 g/t Au is well above the 5 g/t Au threshold for exceptional grade in an open pit gold deposit.
Evidence · text
“10.49g/t Au”
Step-Out ExtensionRejected · positive
Mineralization extended beyond the previously known limit.
Reason: The drilling targeted a western extension to the orebody, indicating an expansion of known mineralization.
Evidence · text
“broad-spaced RC drilling targeting extension of the Munda resource, west of the planned open pit, returned a large number of mineralised zones, including 4m @ 10.49g/t Au from 46m (AMRC072), supporting the potential to grow the Mineral Resource along strike beyond the current pit design.”
No QA/QC DisclosureRejected · negative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Reason: The release does not disclose QA/QC procedures, lab certification, or CP/QP sign-off for the drill results.
Evidence · text
“The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements referred to above and, in relation to the Munda, Jeffreys Find and Union Jack Mineral Resources, that all material assumptions and technical parameters underpinning the estimates continue to apply and have not materially changed. The Company confirms that all material assumptions underpinning the Production Targets, or the forecast financial information derived from the Production Targets, included in the original ASX announcement dated 27 July 2026 continue to apply and have not materially changed. The Company further confirms that the form and context in which the Competent Persons' findings are presented have not been materially modified from those original announcements.”
Fact 2Munda Gold Mine · goldGrade: 5.56Grade Unit: g/tIntercept: 15 mNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- Munda Gold Mine
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- AWJ
Geometry
- Grade
- 5.56
- Grade Unit
- g/t
- Intercept
- 15 m
- From
- 6 m
- To
- 21 m
- Intercept Depth
- 6 m
Classification
- Program
- resource
- Sample Type
- drill
- Group ID
- Munda_Gold_Mine:6-21
- Mining Method
- open_pit
Review
- Needs Review
- Yes
- Review Reason
- drill_no_hole_id
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-14T00:00:00.000Z
Reasoning: High-grade intercept significantly above project average (2.557 g/t Au), confirming continuity in the planned pit.
Positive factors
- Strong Intercept
- Infill Drilling
Negative factors
- No QA/QC Disclosure
Evidence · text
“15m @ 5.56g/t Au from 6m”
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Strong InterceptRejected · positive · Story-specific tag
No canonical definition is currently available.
Reason: The intercept of 5.56 g/t Au is above the 2 g/t Au threshold for strong grade in an open pit gold deposit.
Evidence · text
“5.56g/t Au”
Infill DrillingRejected · neutral
Confirmatory drilling to raise resource confidence, not new discovery.
Reason: The intercept is from close-spaced grade control drilling targeting the upper 30m of the planned pit, indicating infill drilling.
Evidence · text
“Initial results from close-spaced grade control drilling targeting the upper 30m of the planned pit show a similar grade distribution to the Starter Pit and include: 15m @ 5.56g/t Au from 6m”
No QA/QC DisclosureRejected · negative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Reason: The release does not disclose QA/QC procedures, lab certification, or CP/QP sign-off for the drill results.
Evidence · text
“The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements referred to above and, in relation to the Munda, Jeffreys Find and Union Jack Mineral Resources, that all material assumptions and technical parameters underpinning the estimates continue to apply and have not materially changed. The Company confirms that all material assumptions underpinning the Production Targets, or the forecast financial information derived from the Production Targets, included in the original ASX announcement dated 27 July 2026 continue to apply and have not materially changed. The Company further confirms that the form and context in which the Competent Persons' findings are presented have not been materially modified from those original announcements.”
Fact 3Munda Gold Mine · goldGrade: 19.3Grade Unit: g/tIntercept: 3 mNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- Munda Gold Mine
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- AWJ
Geometry
- Grade
- 19.3
- Grade Unit
- g/t
- Intercept
- 3 m
- From
- 6 m
- To
- 9 m
- Intercept Depth
- 6 m
Classification
- Program
- resource
- Sample Type
- drill
- Group ID
- Munda_Gold_Mine:6-9
- Mining Method
- open_pit
Review
- Needs Review
- Yes
- Review Reason
- drill_no_hole_id
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-14T00:00:00.000Z
Reasoning: Exceptionally high-grade sub-interval, well above project average and prior best grade.
Positive factors
- Bonanza Intercept
Negative factors
- No QA/QC Disclosure
Evidence · text
“including 3m @ 19.30 g/t”
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
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 intercept of 19.30 g/t Au is well above the 5 g/t Au threshold for exceptional grade in an open pit gold deposit and exceeds the prior best grade of 26.4 g/t Au.
Evidence · text
“19.30 g/t”
No QA/QC DisclosureRejected · negative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Reason: The release does not disclose QA/QC procedures, lab certification, or CP/QP sign-off for the drill results.
Evidence · text
“The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements referred to above and, in relation to the Munda, Jeffreys Find and Union Jack Mineral Resources, that all material assumptions and technical parameters underpinning the estimates continue to apply and have not materially changed. The Company confirms that all material assumptions underpinning the Production Targets, or the forecast financial information derived from the Production Targets, included in the original ASX announcement dated 27 July 2026 continue to apply and have not materially changed. The Company further confirms that the form and context in which the Competent Persons' findings are presented have not been materially modified from those original announcements.”
Fact 4Munda Gold Mine · goldGrade: 19.34Grade Unit: g/tIntercept: 4 mNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- Munda Gold Mine
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- AWJ
Geometry
- Grade
- 19.34
- Grade Unit
- g/t
- Intercept
- 4 m
- From
- 9 m
- To
- 13 m
- Intercept Depth
- 9 m
Classification
- Program
- resource
- Sample Type
- drill
- Group ID
- Munda_Gold_Mine:9-13
- Mining Method
- open_pit
Review
- Needs Review
- Yes
- Review Reason
- drill_no_hole_id
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-14T00:00:00.000Z
Reasoning: Exceptionally high-grade intercept, well above project average and prior best grade, confirming continuity.
Positive factors
- Bonanza Intercept
- Infill Drilling
Negative factors
- No QA/QC Disclosure
Evidence · text
“4m @ 19.34g/t Au from 9m”
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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 intercept of 19.34 g/t Au is well above the 5 g/t Au threshold for exceptional grade in an open pit gold deposit and exceeds the prior best grade of 26.4 g/t Au.
Evidence · text
“19.34g/t Au”
Infill DrillingRejected · neutral
Confirmatory drilling to raise resource confidence, not new discovery.
Reason: The intercept is from close-spaced grade control drilling targeting the upper 30m of the planned pit, indicating infill drilling.
Evidence · text
“Initial results from close-spaced grade control drilling targeting the upper 30m of the planned pit show a similar grade distribution to the Starter Pit and include: ... 4m @ 19.34g/t Au from 9m”
No QA/QC DisclosureRejected · negative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Reason: The release does not disclose QA/QC procedures, lab certification, or CP/QP sign-off for the drill results.
Evidence · text
“The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements referred to above and, in relation to the Munda, Jeffreys Find and Union Jack Mineral Resources, that all material assumptions and technical parameters underpinning the estimates continue to apply and have not materially changed. The Company confirms that all material assumptions underpinning the Production Targets, or the forecast financial information derived from the Production Targets, included in the original ASX announcement dated 27 July 2026 continue to apply and have not materially changed. The Company further confirms that the form and context in which the Competent Persons' findings are presented have not been materially modified from those original announcements.”
Fact 5Munda Gold Mine · goldGrade: 38.1Grade Unit: g/tIntercept: 2 mNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- Munda Gold Mine
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- AWJ
Geometry
- Grade
- 38.1
- Grade Unit
- g/t
- Intercept
- 2 m
- From
- 9 m
- To
- 11 m
- Intercept Depth
- 9 m
Classification
- Program
- resource
- Sample Type
- drill
- Group ID
- Munda_Gold_Mine:9-11
- Mining Method
- open_pit
Review
- Needs Review
- Yes
- Review Reason
- drill_no_hole_id
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-14T00:00:00.000Z
Reasoning: Exceptionally high-grade sub-interval, well above project average and prior best grade.
Positive factors
- Bonanza Intercept
Negative factors
- No QA/QC Disclosure
Evidence · text
“including 2m @ 38.10 g/t”
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
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 intercept of 38.10 g/t Au is well above the 5 g/t Au threshold for exceptional grade in an open pit gold deposit and exceeds the prior best grade of 26.4 g/t Au.
Evidence · text
“38.10 g/t”
No QA/QC DisclosureRejected · negative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Reason: The release does not disclose QA/QC procedures, lab certification, or CP/QP sign-off for the drill results.
Evidence · text
“The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements referred to above and, in relation to the Munda, Jeffreys Find and Union Jack Mineral Resources, that all material assumptions and technical parameters underpinning the estimates continue to apply and have not materially changed. The Company confirms that all material assumptions underpinning the Production Targets, or the forecast financial information derived from the Production Targets, included in the original ASX announcement dated 27 July 2026 continue to apply and have not materially changed. The Company further confirms that the form and context in which the Competent Persons' findings are presented have not been materially modified from those original announcements.”
Fact 6Munda Gold Mine · goldGrade: 7.82Grade Unit: g/tIntercept: 9 mNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- Munda Gold Mine
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- AWJ
Geometry
- Grade
- 7.82
- Grade Unit
- g/t
- Intercept
- 9 m
- From
- 17 m
- To
- 26 m
- Intercept Depth
- 17 m
Classification
- Program
- resource
- Sample Type
- drill
- Group ID
- Munda_Gold_Mine:17-26
- Mining Method
- open_pit
Review
- Needs Review
- Yes
- Review Reason
- drill_no_hole_id
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-14T00:00:00.000Z
Reasoning: High-grade intercept significantly above project average (2.557 g/t Au), confirming continuity in the planned pit.
Positive factors
- Strong Intercept
- Infill Drilling
Negative factors
- No QA/QC Disclosure
Evidence · text
“9m @ 7.82 g/t from 17m”
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Strong InterceptRejected · positive · Story-specific tag
No canonical definition is currently available.
Reason: The intercept of 7.82 g/t Au is above the 5 g/t Au threshold for exceptional grade in an open pit gold deposit.
Evidence · text
“7.82 g/t”
Infill DrillingRejected · neutral
Confirmatory drilling to raise resource confidence, not new discovery.
Reason: The intercept is from close-spaced grade control drilling targeting the upper 30m of the planned pit, indicating infill drilling.
Evidence · text
“Initial results from close-spaced grade control drilling targeting the upper 30m of the planned pit show a similar grade distribution to the Starter Pit and include: ... 9m @ 7.82g/t Au from 17m”
No QA/QC DisclosureRejected · negative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Reason: The release does not disclose QA/QC procedures, lab certification, or CP/QP sign-off for the drill results.
Evidence · text
“The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements referred to above and, in relation to the Munda, Jeffreys Find and Union Jack Mineral Resources, that all material assumptions and technical parameters underpinning the estimates continue to apply and have not materially changed. The Company confirms that all material assumptions underpinning the Production Targets, or the forecast financial information derived from the Production Targets, included in the original ASX announcement dated 27 July 2026 continue to apply and have not materially changed. The Company further confirms that the form and context in which the Competent Persons' findings are presented have not been materially modified from those original announcements.”
Fact 7Munda Gold Mine · goldGrade: 26.4Grade Unit: g/tIntercept: 1 mNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- Munda Gold Mine
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- AWJ
Geometry
- Grade
- 26.4
- Grade Unit
- g/t
- Intercept
- 1 m
- From
- 17 m
- To
- 18 m
- Intercept Depth
- 17 m
Classification
- Program
- resource
- Sample Type
- drill
- Group ID
- Munda_Gold_Mine:17-18
- Mining Method
- open_pit
Review
- Needs Review
- Yes
- Review Reason
- drill_no_hole_id
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-14T00:00:00.000Z
Reasoning: Exceptionally high-grade sub-interval, well above project average and matching prior best grade.
Positive factors
- Bonanza Intercept
Negative factors
- No QA/QC Disclosure
Evidence · text
“including 1m @ 26.40 g/t”
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
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 intercept of 26.40 g/t Au is well above the 5 g/t Au threshold for exceptional grade in an open pit gold deposit and matches the prior best grade of 26.4 g/t Au.
Evidence · text
“26.40 g/t”
No QA/QC DisclosureRejected · negative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Reason: The release does not disclose QA/QC procedures, lab certification, or CP/QP sign-off for the drill results.
Evidence · text
“The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements referred to above and, in relation to the Munda, Jeffreys Find and Union Jack Mineral Resources, that all material assumptions and technical parameters underpinning the estimates continue to apply and have not materially changed. The Company confirms that all material assumptions underpinning the Production Targets, or the forecast financial information derived from the Production Targets, included in the original ASX announcement dated 27 July 2026 continue to apply and have not materially changed. The Company further confirms that the form and context in which the Competent Persons' findings are presented have not been materially modified from those original announcements.”
Fact 8Munda Gold Mine · goldGrade: 4.66Grade Unit: g/tIntercept: 10 mNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- Munda Gold Mine
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- AWJ
Geometry
- Grade
- 4.66
- Grade Unit
- g/t
- Intercept
- 10 m
- From
- 13 m
- To
- 23 m
- Intercept Depth
- 13 m
Classification
- Program
- resource
- Sample Type
- drill
- Group ID
- Munda_Gold_Mine:13-23
- Mining Method
- open_pit
Review
- Needs Review
- Yes
- Review Reason
- drill_no_hole_id
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-14T00:00:00.000Z
Reasoning: High-grade intercept above project average (2.557 g/t Au), confirming continuity in the planned pit.
Positive factors
- Strong Intercept
- Infill Drilling
Negative factors
- No QA/QC Disclosure
Evidence · text
“10m @ 4.66 g/t from 13m”
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Strong InterceptRejected · positive · Story-specific tag
No canonical definition is currently available.
Reason: The intercept of 4.66 g/t Au is above the 2 g/t Au threshold for strong grade in an open pit gold deposit.
Evidence · text
“4.66 g/t”
Infill DrillingRejected · neutral
Confirmatory drilling to raise resource confidence, not new discovery.
Reason: The intercept is from close-spaced grade control drilling targeting the upper 30m of the planned pit, indicating infill drilling.
Evidence · text
“Initial results from close-spaced grade control drilling targeting the upper 30m of the planned pit show a similar grade distribution to the Starter Pit and include: ... 10m @ 4.66g/t Au from 13m”
No QA/QC DisclosureRejected · negative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Reason: The release does not disclose QA/QC procedures, lab certification, or CP/QP sign-off for the drill results.
Evidence · text
“The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements referred to above and, in relation to the Munda, Jeffreys Find and Union Jack Mineral Resources, that all material assumptions and technical parameters underpinning the estimates continue to apply and have not materially changed. The Company confirms that all material assumptions underpinning the Production Targets, or the forecast financial information derived from the Production Targets, included in the original ASX announcement dated 27 July 2026 continue to apply and have not materially changed. The Company further confirms that the form and context in which the Competent Persons' findings are presented have not been materially modified from those original announcements.”
Fact 9Munda Gold Mine · goldGrade: 8.73Grade Unit: g/tIntercept: 5 mNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- Munda Gold Mine
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- AWJ
Geometry
- Grade
- 8.73
- Grade Unit
- g/t
- Intercept
- 5 m
- From
- 12 m
- To
- 17 m
- Intercept Depth
- 12 m
Classification
- Program
- resource
- Sample Type
- drill
- Group ID
- Munda_Gold_Mine:12-17
- Mining Method
- open_pit
Review
- Needs Review
- Yes
- Review Reason
- drill_no_hole_id
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-14T00:00:00.000Z
Reasoning: High-grade intercept significantly above project average (2.557 g/t Au), confirming continuity in the planned pit.
Positive factors
- Strong Intercept
- Infill Drilling
Negative factors
- No QA/QC Disclosure
Evidence · text
“5m @ 8.73 g/t from 12m”
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Strong InterceptRejected · positive · Story-specific tag
No canonical definition is currently available.
Reason: The intercept of 8.73 g/t Au is above the 5 g/t Au threshold for exceptional grade in an open pit gold deposit.
Evidence · text
“8.73 g/t”
Infill DrillingRejected · neutral
Confirmatory drilling to raise resource confidence, not new discovery.
Reason: The intercept is from close-spaced grade control drilling targeting the upper 30m of the planned pit, indicating infill drilling.
Evidence · text
“Initial results from close-spaced grade control drilling targeting the upper 30m of the planned pit show a similar grade distribution to the Starter Pit and include: ... 5m @ 8.73 g/t from 12m”
No QA/QC DisclosureRejected · negative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Reason: The release does not disclose QA/QC procedures, lab certification, or CP/QP sign-off for the drill results.
Evidence · text
“The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements referred to above and, in relation to the Munda, Jeffreys Find and Union Jack Mineral Resources, that all material assumptions and technical parameters underpinning the estimates continue to apply and have not materially changed. The Company confirms that all material assumptions underpinning the Production Targets, or the forecast financial information derived from the Production Targets, included in the original ASX announcement dated 27 July 2026 continue to apply and have not materially changed. The Company further confirms that the form and context in which the Competent Persons' findings are presented have not been materially modified from those original announcements.”
Fact 10Munda Gold Mine · goldGrade: 25.8Grade Unit: g/tIntercept: 1 mNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- Munda Gold Mine
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- AWJ
Geometry
- Grade
- 25.8
- Grade Unit
- g/t
- Intercept
- 1 m
- From
- 12 m
- To
- 13 m
- Intercept Depth
- 12 m
Classification
- Program
- resource
- Sample Type
- drill
- Group ID
- Munda_Gold_Mine:12-13
- Mining Method
- open_pit
Review
- Needs Review
- Yes
- Review Reason
- drill_no_hole_id
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-14T00:00:00.000Z
Reasoning: Exceptionally high-grade sub-interval, well above project average and matching prior best grade.
Positive factors
- Bonanza Intercept
Negative factors
- No QA/QC Disclosure
Evidence · text
“including 1m @ 25.80 g/t”
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
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 intercept of 25.80 g/t Au is well above the 5 g/t Au threshold for exceptional grade in an open pit gold deposit and matches the prior best grade of 26.4 g/t Au.
Evidence · text
“25.80 g/t”
No QA/QC DisclosureRejected · negative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Reason: The release does not disclose QA/QC procedures, lab certification, or CP/QP sign-off for the drill results.
Evidence · text
“The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements referred to above and, in relation to the Munda, Jeffreys Find and Union Jack Mineral Resources, that all material assumptions and technical parameters underpinning the estimates continue to apply and have not materially changed. The Company confirms that all material assumptions underpinning the Production Targets, or the forecast financial information derived from the Production Targets, included in the original ASX announcement dated 27 July 2026 continue to apply and have not materially changed. The Company further confirms that the form and context in which the Competent Persons' findings are presented have not been materially modified from those original announcements.”
Fact 11Munda Gold Mine · goldGrade: 3.92Grade Unit: g/tIntercept: 14 mNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- Munda Gold Mine
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- AWJ
Geometry
- Grade
- 3.92
- Grade Unit
- g/t
- Intercept
- 14 m
- From
- 6 m
- To
- 20 m
- Intercept Depth
- 6 m
Classification
- Program
- resource
- Sample Type
- drill
- Group ID
- Munda_Gold_Mine:6-20
- Mining Method
- open_pit
Review
- Needs Review
- Yes
- Review Reason
- drill_no_hole_id
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-14T00:00:00.000Z
Reasoning: High-grade intercept above project average (2.557 g/t Au), confirming continuity in the planned pit.
Positive factors
- Strong Intercept
- Infill Drilling
Negative factors
- No QA/QC Disclosure
Evidence · text
“14m @ 3.92 g/t from 6m”
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Strong InterceptRejected · positive · Story-specific tag
No canonical definition is currently available.
Reason: The intercept of 3.92 g/t Au is above the 2 g/t Au threshold for strong grade in an open pit gold deposit.
Evidence · text
“3.92 g/t”
Infill DrillingRejected · neutral
Confirmatory drilling to raise resource confidence, not new discovery.
Reason: The intercept is from close-spaced grade control drilling targeting the upper 30m of the planned pit, indicating infill drilling.
Evidence · text
“Initial results from close-spaced grade control drilling targeting the upper 30m of the planned pit show a similar grade distribution to the Starter Pit and include: ... 14m @ 3.92 g/t from 6m”
No QA/QC DisclosureRejected · negative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Reason: The release does not disclose QA/QC procedures, lab certification, or CP/QP sign-off for the drill results.
Evidence · text
“The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements referred to above and, in relation to the Munda, Jeffreys Find and Union Jack Mineral Resources, that all material assumptions and technical parameters underpinning the estimates continue to apply and have not materially changed. The Company confirms that all material assumptions underpinning the Production Targets, or the forecast financial information derived from the Production Targets, included in the original ASX announcement dated 27 July 2026 continue to apply and have not materially changed. The Company further confirms that the form and context in which the Competent Persons' findings are presented have not been materially modified from those original announcements.”
Fact 12Munda Gold Mine · goldGrade: 35.2Grade Unit: g/tIntercept: 1 mNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- Munda Gold Mine
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- AWJ
Geometry
- Grade
- 35.2
- Grade Unit
- g/t
- Intercept
- 1 m
- From
- 6 m
- To
- 7 m
- Intercept Depth
- 6 m
Classification
- Program
- resource
- Sample Type
- drill
- Group ID
- Munda_Gold_Mine:6-7
- Mining Method
- open_pit
Review
- Needs Review
- Yes
- Review Reason
- drill_no_hole_id
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-14T00:00:00.000Z
Reasoning: Exceptionally high-grade sub-interval, well above project average and prior best grade.
Positive factors
- Bonanza Intercept
Negative factors
- No QA/QC Disclosure
Evidence · text
“including 1m @ 35.20 g/t”
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
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 intercept of 35.20 g/t Au is well above the 5 g/t Au threshold for exceptional grade in an open pit gold deposit and exceeds the prior best grade of 26.4 g/t Au.
Evidence · text
“35.20 g/t”
No QA/QC DisclosureRejected · negative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Reason: The release does not disclose QA/QC procedures, lab certification, or CP/QP sign-off for the drill results.
Evidence · text
“The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements referred to above and, in relation to the Munda, Jeffreys Find and Union Jack Mineral Resources, that all material assumptions and technical parameters underpinning the estimates continue to apply and have not materially changed. The Company confirms that all material assumptions underpinning the Production Targets, or the forecast financial information derived from the Production Targets, included in the original ASX announcement dated 27 July 2026 continue to apply and have not materially changed. The Company further confirms that the form and context in which the Competent Persons' findings are presented have not been materially modified from those original announcements.”
Fact 13Munda Gold Mine · goldGrade: 11.61Grade Unit: g/tIntercept: 3 mNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- Munda Gold Mine
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- AWJ
Geometry
- Grade
- 11.61
- Grade Unit
- g/t
- Intercept
- 3 m
- From
- 19 m
- To
- 22 m
- Intercept Depth
- 19 m
Classification
- Program
- resource
- Sample Type
- drill
- Group ID
- Munda_Gold_Mine:19-22
- Mining Method
- open_pit
Review
- Needs Review
- Yes
- Review Reason
- drill_no_hole_id
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-14T00:00:00.000Z
Reasoning: High-grade intercept significantly above project average (2.557 g/t Au), confirming continuity in the planned pit.
Positive factors
- Strong Intercept
- Infill Drilling
Negative factors
- No QA/QC Disclosure
Evidence · text
“3m @ 11.61 g/t from 19m”
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Strong InterceptRejected · positive · Story-specific tag
No canonical definition is currently available.
Reason: The intercept of 11.61 g/t Au is above the 5 g/t Au threshold for exceptional grade in an open pit gold deposit.
Evidence · text
“11.61 g/t”
Infill DrillingRejected · neutral
Confirmatory drilling to raise resource confidence, not new discovery.
Reason: The intercept is from close-spaced grade control drilling targeting the upper 30m of the planned pit, indicating infill drilling.
Evidence · text
“Initial results from close-spaced grade control drilling targeting the upper 30m of the planned pit show a similar grade distribution to the Starter Pit and include: ... 3m @ 11.61 g/t from 19m”
No QA/QC DisclosureRejected · negative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Reason: The release does not disclose QA/QC procedures, lab certification, or CP/QP sign-off for the drill results.
Evidence · text
“The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements referred to above and, in relation to the Munda, Jeffreys Find and Union Jack Mineral Resources, that all material assumptions and technical parameters underpinning the estimates continue to apply and have not materially changed. The Company confirms that all material assumptions underpinning the Production Targets, or the forecast financial information derived from the Production Targets, included in the original ASX announcement dated 27 July 2026 continue to apply and have not materially changed. The Company further confirms that the form and context in which the Competent Persons' findings are presented have not been materially modified from those original announcements.”
Fact 14Munda Gold Mine · goldGrade: 33.2Grade Unit: g/tIntercept: 1 mNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- Munda Gold Mine
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- AWJ
Geometry
- Grade
- 33.2
- Grade Unit
- g/t
- Intercept
- 1 m
- From
- 19 m
- To
- 20 m
- Intercept Depth
- 19 m
Classification
- Program
- resource
- Sample Type
- drill
- Group ID
- Munda_Gold_Mine:19-20
- Mining Method
- open_pit
Review
- Needs Review
- Yes
- Review Reason
- drill_no_hole_id
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-14T00:00:00.000Z
Reasoning: Exceptionally high-grade sub-interval, well above project average and prior best grade.
Positive factors
- Bonanza Intercept
Negative factors
- No QA/QC Disclosure
Evidence · text
“including 1m @ 33.2 g/t”
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
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 intercept of 33.2 g/t Au is well above the 5 g/t Au threshold for exceptional grade in an open pit gold deposit and exceeds the prior best grade of 26.4 g/t Au.
Evidence · text
“33.2 g/t”
No QA/QC DisclosureRejected · negative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Reason: The release does not disclose QA/QC procedures, lab certification, or CP/QP sign-off for the drill results.
Evidence · text
“The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements referred to above and, in relation to the Munda, Jeffreys Find and Union Jack Mineral Resources, that all material assumptions and technical parameters underpinning the estimates continue to apply and have not materially changed. The Company confirms that all material assumptions underpinning the Production Targets, or the forecast financial information derived from the Production Targets, included in the original ASX announcement dated 27 July 2026 continue to apply and have not materially changed. The Company further confirms that the form and context in which the Competent Persons' findings are presented have not been materially modified from those original announcements.”
Fact 15Munda Gold Mine · goldGrade: 5Grade Unit: g/tIntercept: 9 mNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- Munda Gold Mine
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- AWJ
Geometry
- Grade
- 5
- Grade Unit
- g/t
- Intercept
- 9 m
- From
- 3 m
- To
- 12 m
- Intercept Depth
- 3 m
Classification
- Program
- resource
- Sample Type
- drill
- Group ID
- Munda_Gold_Mine:3-12
- Mining Method
- open_pit
Review
- Needs Review
- Yes
- Review Reason
- drill_no_hole_id
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-14T00:00:00.000Z
Reasoning: High-grade intercept significantly above project average (2.557 g/t Au), confirming continuity in the planned pit.
Positive factors
- Strong Intercept
- Infill Drilling
Negative factors
- No QA/QC Disclosure
Evidence · text
“9m @ 5.00 g/t from 3m”
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Strong InterceptRejected · positive · Story-specific tag
No canonical definition is currently available.
Reason: The intercept of 5.00 g/t Au is at the 5 g/t Au threshold for exceptional grade in an open pit gold deposit.
Evidence · text
“5.00 g/t”
Infill DrillingRejected · neutral
Confirmatory drilling to raise resource confidence, not new discovery.
Reason: The intercept is from close-spaced grade control drilling targeting the upper 30m of the planned pit, indicating infill drilling.
Evidence · text
“Initial results from close-spaced grade control drilling targeting the upper 30m of the planned pit show a similar grade distribution to the Starter Pit and include: ... 9m @ 5.00 g/t from 3m.”
No QA/QC DisclosureRejected · negative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Reason: The release does not disclose QA/QC procedures, lab certification, or CP/QP sign-off for the drill results.
Evidence · text
“The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements referred to above and, in relation to the Munda, Jeffreys Find and Union Jack Mineral Resources, that all material assumptions and technical parameters underpinning the estimates continue to apply and have not materially changed. The Company confirms that all material assumptions underpinning the Production Targets, or the forecast financial information derived from the Production Targets, included in the original ASX announcement dated 27 July 2026 continue to apply and have not materially changed. The Company further confirms that the form and context in which the Competent Persons' findings are presented have not been materially modified from those original announcements.”
Fact 16Union JackNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- Union Jack
- Region
- australia_nsw
- Reported Region
- australia_nsw
- Ticker
- AWJ
Classification
- Sample Type
- drill
Review
- Needs Review
- Yes
- Review Reason
- drill_no_hole_id
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-14T00:00:00.000Z
Reasoning: Acquisition of the Union Jack project, adding significant resource and strategic value to the company's portfolio.
Positive factors
- Strategic Acquisition
Evidence · text
“The Company executed two binding agreements to acquire the Union Jack Project, 5km east of Coolgardie and 15km from Burbanks. Settlement and completion occurred on 6 October 2026. ... Key terms of the acquisition of M15/120 include an initial consideration of $6,500,000 and the issue of 12,500,000 fully paid ordinary shares at A$0.24 per share (A$3,000,000), to be issued subject to shareholder approval”
Tags used in scoring
No QA/QC Disclosurenegative
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The Company executed two binding agreements to acquire the Union Jack Project, 5km east of Coolgardie and 15km from Burb"
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Strategic AcquisitionRejected · positive · Story-specific tag
No canonical definition is currently available.
Reason: The acquisition of Union Jack is described as dovetailing perfectly with the company's strategy of acquiring near-term gold production assets within trucking distance of the Burbanks Mill.
Evidence · text
“We acquired Union Jack, which dovetails perfectly with our strategy of acquiring near-term gold production assets within trucking distance of the Burbanks Mill.”
Fact 17BurbanksNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- Burbanks
- Region
- australia_nsw
- Reported Region
- australia_nsw
- Ticker
- AWJ
Classification
- Sample Type
- drill
Review
- Needs Review
- Yes
- Review Reason
- drill_no_hole_id
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-14T00:00:00.000Z
Reasoning: Acquisition of processing infrastructure at a significant discount to replacement cost, de-risking project development and locking in capital estimates.
Positive factors
- Cost Savings
Evidence · text
“the Company acquired a substantial package of fixed plant processing infrastructure for the re-establishment of the Burbanks processing facility. At a cost of A$1.2 million, the acquisition represents a significant discount to the estimated A$15–20 million replacement cost of equivalent new equipment.”
Tags used in scoring
No QA/QC Disclosurenegative
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Cost SavingsRejected · positive · Story-specific tag
No canonical definition is currently available.
Reason: The acquisition of processing infrastructure for A$1.2 million represents a significant discount to the estimated A$15–20 million replacement cost of equivalent new equipment.
Evidence · text
“At a cost of A$1.2 million, the acquisition represents a significant discount to the estimated A$15–20 million replacement cost of equivalent new equipment.”
Fact 18Burbanks and Munda · goldNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- Burbanks and Munda
- Commodity
- gold
- Region
- australia_nsw
- Reported Region
- australia_nsw
- Ticker
- AWJ
Classification
- Sample Type
- drill
Review
- Needs Review
- Yes
- Review Reason
- drill_no_hole_id
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-14T00:00:00.000Z
Reasoning: The Integrated Scoping Study outlines positive economics for the combined Burbanks and Munda project, with significant gold production and EBITDA forecast.
Positive factors
- Positive Economics
Evidence · text
“The Integrated Burbanks and Munda Scoping Study was released on 27 July 2026, outlining a single open pit at Munda feeding a redesigned 600,000tpa CIL processing plant at Burbanks. At a base case gold price of A$5,750/oz, the study estimates production of 141koz (recovered) over 56 months at an AISC of A$2,843/oz, generating EBITDA of A$437M”
Tags used in scoring
No QA/QC Disclosurenegative
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Resource Estimates (2)
inferredUnion Jack · goldTonnes: 3120000Grade: 1.02Grade Unit: g/tContained Metal: 102000Contained Unit: ozView all detailsHide details
Identity
- Project
- Union Jack
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- AWJ
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:c24587640566a356943f
Resource Data
- Category
- inferred
- Tonnes
- 3120000
- Grade
- 1.02
- Grade Unit
- g/t
- Contained Metal
- 102000
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-14T00:00:00.000Z
Reasoning: Significant new Inferred resource added to the company's inventory through acquisition, increasing total resources by 51% and compliant with JORC 2012.
Positive factors
- Maiden Resource
- Tonnage Growth
- Contained Metal Growth
- JORC Compliant
Negative factors
- Inferred Resource
Evidence · text
“Union Jack has an Inferred Mineral Resource of 3.12Mt @ 1.02g/t Au for 102,000oz, which increases Auric’s total Mineral Resource inventory by 51% to 7.5Mt @ 1.25g/t Au for 301,000oz.”
Tags used in scoring
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
inferredUnion Jack · goldTonnes: 2160000Grade: 1.22Grade Unit: g/tContained Metal: 85000Contained Unit: ozView all detailsHide details
Identity
- Project
- Union Jack
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- AWJ
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:9a566667a18f7c007d41
Resource Data
- Category
- inferred
- Tonnes
- 2160000
- Grade
- 1.22
- Grade Unit
- g/t
- Contained Metal
- 85000
- Contained Unit
- oz
- Cutoff Grade
- 0.65
- Cutoff Unit
- g/t Au
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-14T00:00:00.000Z
Reasoning: Higher grade resource at a higher cut-off, demonstrating flexibility and quality of the acquired resource, compliant with JORC 2012.
Positive factors
- Maiden Resource
- Tonnage Growth
- Contained Metal Growth
- JORC Compliant
Negative factors
- Inferred Resource
Evidence · text
“Using a 0.65g/t Au cut-off within the same optimised pit shell, the Project contains 2.16Mt @ 1.22g/t Au for 85,000 ounces”
Tags used in scoring
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
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.