# AWJ: Quarterly Activities Report Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/awj-quarterly-activities-report--0a9c4290-b6b3-4198-b55a-9c58bb79f7b8 Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03152558 Publisher: asx Original announcement: 2026-10-14T21:12:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-14T22:41:39.198Z Atlas analysis updated: 2026-10-14T22:41:39.198Z - 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 Narrative sentiment: 0.90 · Bullish ## Minestarters Atlas 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 factor: Bonanza Intercept - Positive factor: Step-Out Extension - Positive factor: Strategic Acquisition - Positive factor: Cost Savings - Positive factor: Maiden Resource - Positive factor: Tonnage Growth - Positive factor: Contained Metal Growth - Positive factor: JORC Compliant - Positive factor: Positive Economics - Negative factor: No QA/QC Disclosure - Negative factor: Inferred Resource Facts used in scoring: 20 ## Classification and evidence No classification tags are available. ## Extracted facts Stored fact records: 20. Some facts used in scoring do not have a stored record. ## Drill Results (18) ### AMRC072 [Link to this fact](https://atlas-staging.minestarters.com/news/awj-quarterly-activities-report--0a9c4290-b6b3-4198-b55a-9c58bb79f7b8#fact-drill-facts-0) Munda Gold Mine · gold #### 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 factor: Bonanza Intercept - Positive factor: Step-Out Extension - Negative factor: No QA/QC Disclosure Evidence · text > 4m @ 10.49g/t Au from 46m \(AMRC072\) #### Tags used in scoring **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 #### Rejected tags **Bonanza Intercept** — Rejected; excluded from scoring Polarity: positive Definition: 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 Extension** — Rejected; excluded from scoring Polarity: positive Definition: 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 Disclosure** — Rejected; excluded from scoring Polarity: negative Definition: 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 2 [Link to this fact](https://atlas-staging.minestarters.com/news/awj-quarterly-activities-report--0a9c4290-b6b3-4198-b55a-9c58bb79f7b8#fact-drill-facts-1) Munda Gold Mine · gold Needs review: drill\_no\_hole\_id #### 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 factor: Strong Intercept - Positive factor: Infill Drilling - Negative factor: No QA/QC Disclosure Evidence · text > 15m @ 5.56g/t Au from 6m #### Tags used in scoring **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 #### Rejected tags **Strong Intercept** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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 Drilling** — Rejected; excluded from scoring Polarity: neutral Definition: 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 Disclosure** — Rejected; excluded from scoring Polarity: negative Definition: 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 3 [Link to this fact](https://atlas-staging.minestarters.com/news/awj-quarterly-activities-report--0a9c4290-b6b3-4198-b55a-9c58bb79f7b8#fact-drill-facts-2) Munda Gold Mine · gold Needs review: drill\_no\_hole\_id #### 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 factor: Bonanza Intercept - Negative factor: No QA/QC Disclosure Evidence · text > including 3m @ 19.30 g/t #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" #### Rejected tags **Bonanza Intercept** — Rejected; excluded from scoring Polarity: positive Definition: 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 Disclosure** — Rejected; excluded from scoring Polarity: negative Definition: 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 4 [Link to this fact](https://atlas-staging.minestarters.com/news/awj-quarterly-activities-report--0a9c4290-b6b3-4198-b55a-9c58bb79f7b8#fact-drill-facts-3) Munda Gold Mine · gold Needs review: drill\_no\_hole\_id #### 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 factor: Bonanza Intercept - Positive factor: Infill Drilling - Negative factor: No QA/QC Disclosure Evidence · text > 4m @ 19.34g/t Au from 9m #### Tags used in scoring **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 #### Rejected tags **Bonanza Intercept** — Rejected; excluded from scoring Polarity: positive Definition: 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 Drilling** — Rejected; excluded from scoring Polarity: neutral Definition: 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 Disclosure** — Rejected; excluded from scoring Polarity: negative Definition: 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 5 [Link to this fact](https://atlas-staging.minestarters.com/news/awj-quarterly-activities-report--0a9c4290-b6b3-4198-b55a-9c58bb79f7b8#fact-drill-facts-4) Munda Gold Mine · gold Needs review: drill\_no\_hole\_id #### 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 factor: Bonanza Intercept - Negative factor: No QA/QC Disclosure Evidence · text > including 2m @ 38.10 g/t #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" #### Rejected tags **Bonanza Intercept** — Rejected; excluded from scoring Polarity: positive Definition: 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 Disclosure** — Rejected; excluded from scoring Polarity: negative Definition: 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 6 [Link to this fact](https://atlas-staging.minestarters.com/news/awj-quarterly-activities-report--0a9c4290-b6b3-4198-b55a-9c58bb79f7b8#fact-drill-facts-5) Munda Gold Mine · gold Needs review: drill\_no\_hole\_id #### 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 factor: Strong Intercept - Positive factor: Infill Drilling - Negative factor: No QA/QC Disclosure Evidence · text > 9m @ 7.82 g/t from 17m #### Tags used in scoring **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 #### Rejected tags **Strong Intercept** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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 Drilling** — Rejected; excluded from scoring Polarity: neutral Definition: 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 Disclosure** — Rejected; excluded from scoring Polarity: negative Definition: 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 7 [Link to this fact](https://atlas-staging.minestarters.com/news/awj-quarterly-activities-report--0a9c4290-b6b3-4198-b55a-9c58bb79f7b8#fact-drill-facts-6) Munda Gold Mine · gold Needs review: drill\_no\_hole\_id #### 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 factor: Bonanza Intercept - Negative factor: No QA/QC Disclosure Evidence · text > including 1m @ 26.40 g/t #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" #### Rejected tags **Bonanza Intercept** — Rejected; excluded from scoring Polarity: positive Definition: 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 Disclosure** — Rejected; excluded from scoring Polarity: negative Definition: 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 8 [Link to this fact](https://atlas-staging.minestarters.com/news/awj-quarterly-activities-report--0a9c4290-b6b3-4198-b55a-9c58bb79f7b8#fact-drill-facts-7) Munda Gold Mine · gold Needs review: drill\_no\_hole\_id #### 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 factor: Strong Intercept - Positive factor: Infill Drilling - Negative factor: No QA/QC Disclosure Evidence · text > 10m @ 4.66 g/t from 13m #### Tags used in scoring **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 #### Rejected tags **Strong Intercept** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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 Drilling** — Rejected; excluded from scoring Polarity: neutral Definition: 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 Disclosure** — Rejected; excluded from scoring Polarity: negative Definition: 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 9 [Link to this fact](https://atlas-staging.minestarters.com/news/awj-quarterly-activities-report--0a9c4290-b6b3-4198-b55a-9c58bb79f7b8#fact-drill-facts-8) Munda Gold Mine · gold Needs review: drill\_no\_hole\_id #### 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 factor: Strong Intercept - Positive factor: Infill Drilling - Negative factor: No QA/QC Disclosure Evidence · text > 5m @ 8.73 g/t from 12m #### Tags used in scoring **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 #### Rejected tags **Strong Intercept** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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 Drilling** — Rejected; excluded from scoring Polarity: neutral Definition: 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 Disclosure** — Rejected; excluded from scoring Polarity: negative Definition: 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 10 [Link to this fact](https://atlas-staging.minestarters.com/news/awj-quarterly-activities-report--0a9c4290-b6b3-4198-b55a-9c58bb79f7b8#fact-drill-facts-9) Munda Gold Mine · gold Needs review: drill\_no\_hole\_id #### 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 factor: Bonanza Intercept - Negative factor: No QA/QC Disclosure Evidence · text > including 1m @ 25.80 g/t #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" #### Rejected tags **Bonanza Intercept** — Rejected; excluded from scoring Polarity: positive Definition: 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 Disclosure** — Rejected; excluded from scoring Polarity: negative Definition: 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 11 [Link to this fact](https://atlas-staging.minestarters.com/news/awj-quarterly-activities-report--0a9c4290-b6b3-4198-b55a-9c58bb79f7b8#fact-drill-facts-10) Munda Gold Mine · gold Needs review: drill\_no\_hole\_id #### 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 factor: Strong Intercept - Positive factor: Infill Drilling - Negative factor: No QA/QC Disclosure Evidence · text > 14m @ 3.92 g/t from 6m #### Tags used in scoring **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 #### Rejected tags **Strong Intercept** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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 Drilling** — Rejected; excluded from scoring Polarity: neutral Definition: 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 Disclosure** — Rejected; excluded from scoring Polarity: negative Definition: 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 12 [Link to this fact](https://atlas-staging.minestarters.com/news/awj-quarterly-activities-report--0a9c4290-b6b3-4198-b55a-9c58bb79f7b8#fact-drill-facts-11) Munda Gold Mine · gold Needs review: drill\_no\_hole\_id #### 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 factor: Bonanza Intercept - Negative factor: No QA/QC Disclosure Evidence · text > including 1m @ 35.20 g/t #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" #### Rejected tags **Bonanza Intercept** — Rejected; excluded from scoring Polarity: positive Definition: 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 Disclosure** — Rejected; excluded from scoring Polarity: negative Definition: 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 13 [Link to this fact](https://atlas-staging.minestarters.com/news/awj-quarterly-activities-report--0a9c4290-b6b3-4198-b55a-9c58bb79f7b8#fact-drill-facts-12) Munda Gold Mine · gold Needs review: drill\_no\_hole\_id #### 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 factor: Strong Intercept - Positive factor: Infill Drilling - Negative factor: No QA/QC Disclosure Evidence · text > 3m @ 11.61 g/t from 19m #### Tags used in scoring **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 #### Rejected tags **Strong Intercept** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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 Drilling** — Rejected; excluded from scoring Polarity: neutral Definition: 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 Disclosure** — Rejected; excluded from scoring Polarity: negative Definition: 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 14 [Link to this fact](https://atlas-staging.minestarters.com/news/awj-quarterly-activities-report--0a9c4290-b6b3-4198-b55a-9c58bb79f7b8#fact-drill-facts-13) Munda Gold Mine · gold Needs review: drill\_no\_hole\_id #### 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 factor: Bonanza Intercept - Negative factor: No QA/QC Disclosure Evidence · text > including 1m @ 33.2 g/t #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" #### Rejected tags **Bonanza Intercept** — Rejected; excluded from scoring Polarity: positive Definition: 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 Disclosure** — Rejected; excluded from scoring Polarity: negative Definition: 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 15 [Link to this fact](https://atlas-staging.minestarters.com/news/awj-quarterly-activities-report--0a9c4290-b6b3-4198-b55a-9c58bb79f7b8#fact-drill-facts-14) Munda Gold Mine · gold Needs review: drill\_no\_hole\_id #### 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 factor: Strong Intercept - Positive factor: Infill Drilling - Negative factor: No QA/QC Disclosure Evidence · text > 9m @ 5.00 g/t from 3m #### Tags used in scoring **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 #### Rejected tags **Strong Intercept** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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 Drilling** — Rejected; excluded from scoring Polarity: neutral Definition: 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 Disclosure** — Rejected; excluded from scoring Polarity: negative Definition: 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 16 [Link to this fact](https://atlas-staging.minestarters.com/news/awj-quarterly-activities-report--0a9c4290-b6b3-4198-b55a-9c58bb79f7b8#fact-drill-facts-17) Union Jack Needs review: drill\_no\_hole\_id #### 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 factor: 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 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 **Nearology Play** Polarity: neutral Definition: 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 **Strategic Acquisition** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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 17 [Link to this fact](https://atlas-staging.minestarters.com/news/awj-quarterly-activities-report--0a9c4290-b6b3-4198-b55a-9c58bb79f7b8#fact-drill-facts-18) Burbanks Needs review: drill\_no\_hole\_id #### 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 factor: 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 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 #### Rejected tags **Cost Savings** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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 18 [Link to this fact](https://atlas-staging.minestarters.com/news/awj-quarterly-activities-report--0a9c4290-b6b3-4198-b55a-9c58bb79f7b8#fact-drill-facts-19) Burbanks and Munda · gold Needs review: drill\_no\_hole\_id #### 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 factor: 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 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 ## Resource Estimates (2) ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/awj-quarterly-activities-report--0a9c4290-b6b3-4198-b55a-9c58bb79f7b8#fact-resource-facts-15) Union Jack · gold #### 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 factor: Maiden Resource - Positive factor: Tonnage Growth - Positive factor: Contained Metal Growth - Positive factor: JORC Compliant - Negative factor: 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 Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: 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 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/awj-quarterly-activities-report--0a9c4290-b6b3-4198-b55a-9c58bb79f7b8#fact-resource-facts-16) Union Jack · gold #### 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 factor: Maiden Resource - Positive factor: Tonnage Growth - Positive factor: Contained Metal Growth - Positive factor: JORC Compliant - Negative factor: 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 Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: 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.