# Broad Pegmatite Intercepts in Drilling at Mt Edon 10 pages 1.3MB Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/broad-pegmatite-intercepts-in-drilling-at-mt-edon-10-pages-1-3mb--8e912515-8c8f-47bd-9d46-55ef8423a5f2 Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03077615 Publisher: asx Original announcement: 2026-03-31T00:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-01T02:04:39.443Z Atlas analysis updated: 2026-10-01T02:04:39.443Z - Company: Morella Corporation Limited - Ticker: 1MC - Exchange: ASX - Region: Western Australia - Primary commodity: Rubidium - Secondary commodities: Lithium - Document categories: Drill results, Resource update - Extracted: 2026-10-01 02:04:40 UTC Narrative sentiment: 0.10 · Bullish ## Minestarters Atlas summary Morella Corporation Limited has completed an RC drilling program at its Mt Edon Rubidium-Lithium Project in Western Australia, intersecting broad pegmatite zones. Eleven of the 20 holes drilled returned pegmatite intercepts greater than 30m, with a maximum of 84m in hole MER046, which terminated in pegmatite. These visually logged results indicate consistent thickness and continuity, supporting the potential for a maiden Mineral Resource Estimate, with assay results expected in the coming weeks. Reasoning: The drilling program successfully identified broad pegmatite intercepts, indicating potential for significant tonnage and continuity, which is a positive step towards a maiden MRE. However, the lack of assay results means the economic significance of these intercepts is currently unknown, and true widths are not reported, leading to moderate confidence. - Positive factor: Broad pegmatite intercepts visually logged - Positive factor: Indicates continuity and potential for significant tonnage - Positive factor: Program advances towards a maiden Mineral Resource Estimate - Positive factor: QA/QC procedures disclosed with certified laboratory - Negative factor: No assay results reported yet, economic significance unknown - Negative factor: Intercepts based on visual geological logging only - Negative factor: True width of mineralisation is not known - Negative factor: No explicit Qualified Person or Competent Person sign-off Facts used in scoring: 7 ## Classification and evidence **Apparent Width Only** Polarity: negative Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. Why it applies: The document explicitly states that 'The true width of the mineralisation is not known, only down hole length is reported.' Evidence · text > The true width of the mineralisation is not known, only down hole length is reported. **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: The release mentions that samples were dispatched to ALS Global, a certified laboratory, and that duplicates and Certified Reference Material \(CRM\) were inserted for QA/QC purposes. Evidence · text > Mineralogical and geochemical assay samples were dispatched to ALS Global in Perth, a certified laboratory. ... Sample duplicates, and Certified Reference Material \(CRM\) are inserted into the sample sequence for QA/QC purposes. **Maiden Resource** Polarity: neutral Definition: First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component. Why it applies: The program is explicitly stated to support progression toward a maiden Mineral Resource Estimate. Evidence · text > Program advances geological understanding and supports progression toward a maiden Mineral Resource Estimate **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: The drill program was designed to 'Increase drill density within the core mineralised zones'. Evidence · text > Increase drill density within the core mineralised zones. **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: The drill program was designed to 'Test strike and depth extensions of the pegmatite system' and hole MER046 terminated in pegmatite, indicating it remains open at depth. Evidence · text > Test strike and depth extensions of the pegmatite system. ... Drill hole, MER046, terminated in pegmatite, indicating the system remains open and may extend further at depth. **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: While JORC Table 1 is included, the document does not explicitly name a Qualified Person or Competent Person who has signed off on the results. Evidence · text > This announcement has been authorised for release by the Board of Morella Corporation Limited. **Visual Estimates Only** Polarity: negative Story-specific tag Definition: No canonical definition is currently available. Why it applies: All reported observations are based on visual geological logging, and assay results are required to confirm grades and economic significance. Evidence · text > All observations are based on visual geological logging. Assay results are required to confirm lithium and rubidium grades, and no assumptions are made at this stage regarding grade or economic significance. ## Extracted facts Stored fact records: 7. Some facts used in scoring do not have a stored record. ## Drill Results (7) ### MER046 [Link to this fact](https://atlas-staging.minestarters.com/news/broad-pegmatite-intercepts-in-drilling-at-mt-edon-10-pages-1-3mb--8e912515-8c8f-47bd-9d46-55ef8423a5f2#fact-drill-facts-0) Mt Edon · pegmatite #### Identity - Hole ID: MER046 - Project: Mt Edon - Commodity: pegmatite - Region: australia\_wa - Reported Region: australia\_wa - Ticker: 1MC #### Geometry - Intercept: 84 m - From: 18 m - To: 102 m - Hole Depth: 102 m - Intercept Depth: 18 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: MER046:18-102 #### Location - Location: Sophie - Easting: 564839 - Northing: 6756757 - Elevation: 341 m - Azimuth: 270 ° - Dip: -60 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QA/QC Disclosed: Yes - QP Signed: No - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-03-31T00:00:00.000Z Reasoning: Visually logged broad pegmatite intercept, indicating potential for significant tonnage and open at depth, but economic significance is unknown without assay results. - Positive factor: Broad pegmatite intercept - Positive factor: Hole terminated in pegmatite, indicating open at depth - Negative factor: No assay results reported - Negative factor: Visual logging only - Negative factor: True width not known Evidence · text > MER046: 84m pegmatite from 18m \(hole terminated in pegmatite\) #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### MER036 [Link to this fact](https://atlas-staging.minestarters.com/news/broad-pegmatite-intercepts-in-drilling-at-mt-edon-10-pages-1-3mb--8e912515-8c8f-47bd-9d46-55ef8423a5f2#fact-drill-facts-1) Mt Edon · pegmatite #### Identity - Hole ID: MER036 - Project: Mt Edon - Commodity: pegmatite - Region: australia\_wa - Reported Region: australia\_wa - Ticker: 1MC #### Geometry - Intercept: 69 m - From: 63 m - To: 132 m - Hole Depth: 140 m - Intercept Depth: 63 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: MER036:63-132 #### Location - Location: Sophie - Easting: 564916 - Northing: 6757000 - Elevation: 341 m - Azimuth: 270 ° - Dip: -60 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QA/QC Disclosed: Yes - QP Signed: No - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-03-31T00:00:00.000Z Reasoning: Visually logged broad pegmatite intercept, indicating potential for significant tonnage, but economic significance is unknown without assay results. - Positive factor: Broad pegmatite intercept - Positive factor: Indicates continuity - Negative factor: No assay results reported - Negative factor: Visual logging only - Negative factor: True width not known Evidence · text > MER036: 69m pegmatite from 63m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### MER048 [Link to this fact](https://atlas-staging.minestarters.com/news/broad-pegmatite-intercepts-in-drilling-at-mt-edon-10-pages-1-3mb--8e912515-8c8f-47bd-9d46-55ef8423a5f2#fact-drill-facts-2) Mt Edon · pegmatite #### Identity - Hole ID: MER048 - Project: Mt Edon - Commodity: pegmatite - Region: australia\_wa - Reported Region: australia\_wa - Ticker: 1MC #### Geometry - Intercept: 53 m - From: 3 m - To: 56 m - Hole Depth: 138 m - Intercept Depth: 3 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: MER048:3-56 #### Location - Location: Sophie - Easting: 564790 - Northing: 6756737 - Elevation: 344 m - Azimuth: 270 ° - Dip: -60 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QA/QC Disclosed: Yes - QP Signed: No - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-03-31T00:00:00.000Z Reasoning: Visually logged broad pegmatite intercept, indicating potential for significant tonnage, but economic significance is unknown without assay results. - Positive factor: Broad pegmatite intercept - Positive factor: Indicates continuity - Negative factor: No assay results reported - Negative factor: Visual logging only - Negative factor: True width not known Evidence · text > MER048: 53m pegmatite from 3m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### MER045 [Link to this fact](https://atlas-staging.minestarters.com/news/broad-pegmatite-intercepts-in-drilling-at-mt-edon-10-pages-1-3mb--8e912515-8c8f-47bd-9d46-55ef8423a5f2#fact-drill-facts-3) Mt Edon · pegmatite #### Identity - Hole ID: MER045 - Project: Mt Edon - Commodity: pegmatite - Region: australia\_wa - Reported Region: australia\_wa - Ticker: 1MC #### Geometry - Intercept: 51 m - From: 2 m - To: 53 m - Hole Depth: 60 m - Intercept Depth: 2 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: MER045:2-53 #### Location - Location: Sophie - Easting: 564798 - Northing: 6756768 - Elevation: 341 m - Azimuth: 270 ° - Dip: -60 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QA/QC Disclosed: Yes - QP Signed: No - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-03-31T00:00:00.000Z Reasoning: Visually logged broad pegmatite intercept, indicating potential for significant tonnage, but economic significance is unknown without assay results. - Positive factor: Broad pegmatite intercept - Positive factor: Indicates continuity - Negative factor: No assay results reported - Negative factor: Visual logging only - Negative factor: True width not known Evidence · text > MER045: 51m pegmatite from 2m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### MER043 [Link to this fact](https://atlas-staging.minestarters.com/news/broad-pegmatite-intercepts-in-drilling-at-mt-edon-10-pages-1-3mb--8e912515-8c8f-47bd-9d46-55ef8423a5f2#fact-drill-facts-4) Mt Edon · pegmatite #### Identity - Hole ID: MER043 - Project: Mt Edon - Commodity: pegmatite - Region: australia\_wa - Reported Region: australia\_wa - Ticker: 1MC #### Geometry - Intercept: 46 m - From: 15 m - To: 61 m - Hole Depth: 66 m - Intercept Depth: 15 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: MER043:15-61 #### Location - Location: Sophie - Easting: 564837 - Northing: 6756811 - Elevation: 341 m - Azimuth: 270 ° - Dip: -60 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QA/QC Disclosed: Yes - QP Signed: No - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-03-31T00:00:00.000Z Reasoning: Visually logged broad pegmatite intercept, indicating potential for significant tonnage, but economic significance is unknown without assay results. - Positive factor: Broad pegmatite intercept - Positive factor: Indicates continuity - Negative factor: No assay results reported - Negative factor: Visual logging only - Negative factor: True width not known Evidence · text > MER043: 46m pegmatite from 15m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### MER035 [Link to this fact](https://atlas-staging.minestarters.com/news/broad-pegmatite-intercepts-in-drilling-at-mt-edon-10-pages-1-3mb--8e912515-8c8f-47bd-9d46-55ef8423a5f2#fact-drill-facts-5) Mt Edon · pegmatite #### Identity - Hole ID: MER035 - Project: Mt Edon - Commodity: pegmatite - Region: australia\_wa - Reported Region: australia\_wa - Ticker: 1MC #### Geometry - Intercept: 42 m - From: 56 m - To: 98 m - Hole Depth: 108 m - Intercept Depth: 56 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: MER035:56-98 #### Location - Location: Sophie - Easting: 564877 - Northing: 6757040 - Elevation: 341 m - Azimuth: 270 ° - Dip: -60 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QA/QC Disclosed: Yes - QP Signed: No - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-03-31T00:00:00.000Z Reasoning: Visually logged broad pegmatite intercept, indicating potential for significant tonnage, but economic significance is unknown without assay results. - Positive factor: Broad pegmatite intercept - Positive factor: Indicates continuity - Negative factor: No assay results reported - Negative factor: Visual logging only - Negative factor: True width not known Evidence · text > MER035: 42m pegmatite from 56m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### MER034 [Link to this fact](https://atlas-staging.minestarters.com/news/broad-pegmatite-intercepts-in-drilling-at-mt-edon-10-pages-1-3mb--8e912515-8c8f-47bd-9d46-55ef8423a5f2#fact-drill-facts-6) Mt Edon · pegmatite #### Identity - Hole ID: MER034 - Project: Mt Edon - Commodity: pegmatite - Region: australia\_wa - Reported Region: australia\_wa - Ticker: 1MC #### Geometry - Intercept: 41 m - From: 75 m - To: 116 m - Hole Depth: 120 m - Intercept Depth: 75 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: MER034:75-116 #### Location - Location: Sophie - Easting: 564894 - Northing: 6757077 - Elevation: 350 m - Azimuth: 270 ° - Dip: -60 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QA/QC Disclosed: Yes - QP Signed: No - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-03-31T00:00:00.000Z Reasoning: Visually logged broad pegmatite intercept, indicating potential for significant tonnage, but economic significance is unknown without assay results. - Positive factor: Broad pegmatite intercept - Positive factor: Indicates continuity - Negative factor: No assay results reported - Negative factor: Visual logging only - Negative factor: True width not known Evidence · text > MER034: 41m pegmatite from 75m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ## 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.