# Buxton’s maiden Madman drilling points to Havieron similarities

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/buxton-s-maiden-madman-drilling-points-to-havieron-similarities--687603eb-1fe4-4762-989f-4c9e4f71e0db

Original source: https://stockhead.com.au/resources/buxtons-maiden-madman-drilling-points-to-havieron-similarities/

Publisher: stockhead

Original announcement: 2026-08-19T23:38:14.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Buxton Resources

- Ticker: BUX

- Exchange: Unavailable

- Region: Western Australia

- Primary commodity: Gold

- Secondary commodities: Copper, Silver, Arsenic, Bismuth

- Document categories: Drill results

- Extracted: 2026-08-20 01:32:11 UTC

Narrative sentiment: 0.40 · Bullish

## Minestarters Atlas summary

Buxton Resources has reported maiden drilling results from the Madman project in Western Australia, identifying gold and copper mineralization associated with conductive pyrrhotite. The results from hole MD002DD include a 0.37m intercept at 0.239 g/t gold and 1630 ppm copper, highlighting a large untested conductor as a high-priority target.

Reasoning: Maiden drilling at Madman has successfully identified gold-copper mineralization associated with conductive pyrrhotite, providing a pathfinder signature for a larger hydrothermal system, though grades are currently low.

- Positive factor: Maiden drilling success

- Positive factor: Presence of conductive pyrrhotite similar to Havieron

- Positive factor: Identification of a large untested conductor

- Negative factor: Low grades in the reported intercept

- Negative factor: Presence of arsenic

Facts used in scoring: 5

## Classification and evidence

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: The drilling is described as maiden drilling in a new area 40km from the nearest hole.

Evidence · text

> This maiden drilling program, a wildcat 40km from the nearest hole

**Deleterious Elements Present**

Polarity: negative

Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release.

Why it applies: Arsenic was reported in the assay results.

Evidence · text

> 300ppm arsenic

## Extracted facts

Stored fact records: 5. Some facts used in scoring do not have a stored record.

## Drill Results (5)

### MD002DD

[Link to this fact](https://atlas-staging.minestarters.com/news/buxton-s-maiden-madman-drilling-points-to-havieron-similarities--687603eb-1fe4-4762-989f-4c9e4f71e0db#fact-drill-facts-0)

Madman · gold

#### Identity

- Hole ID: MD002DD
- Project: Madman
- Commodity: gold
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: BUX

#### Geometry

- Grade: 0.239
- Grade Unit: g/t
- Intercept: 0.37 m
- From: 542.72 m
- To: 543.09 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: MD002DD:542.72-543.09

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-19T00:00:00.000Z

Reasoning: Low grade gold intercept in a maiden drilling program.

- Positive factor: Maiden discovery

- Negative factor: Low grade

Evidence · text

> 0.37m at 0.239g/t gold and 1630ppm copper from 542.72m

### MD002DD

[Link to this fact](https://atlas-staging.minestarters.com/news/buxton-s-maiden-madman-drilling-points-to-havieron-similarities--687603eb-1fe4-4762-989f-4c9e4f71e0db#fact-drill-facts-1)

Madman · copper

#### Identity

- Hole ID: MD002DD
- Project: Madman
- Commodity: copper
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: BUX

#### Geometry

- Grade: 1630
- Grade Unit: ppm
- Intercept: 0.37 m
- From: 542.72 m
- To: 543.09 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: MD002DD:542.72-543.09

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-19T00:00:00.000Z

Reasoning: Low grade copper intercept coincident with gold.

- Positive factor: Coincident gold-copper mineralization

Evidence · text

> 0.37m at 0.239g/t gold and 1630ppm copper

### MD002DD

[Link to this fact](https://atlas-staging.minestarters.com/news/buxton-s-maiden-madman-drilling-points-to-havieron-similarities--687603eb-1fe4-4762-989f-4c9e4f71e0db#fact-drill-facts-2)

Madman · silver

#### Identity

- Hole ID: MD002DD
- Project: Madman
- Commodity: silver
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: BUX

#### Geometry

- Grade: 1.61
- Grade Unit: ppm
- Intercept: 0.37 m
- From: 542.72 m
- To: 543.09 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: MD002DD:542.72-543.09

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-19T00:00:00.000Z

Reasoning: Trace silver reported in the intercept.

Evidence · text

> 1.61ppm silver

### MD002DD

[Link to this fact](https://atlas-staging.minestarters.com/news/buxton-s-maiden-madman-drilling-points-to-havieron-similarities--687603eb-1fe4-4762-989f-4c9e4f71e0db#fact-drill-facts-3)

Madman · arsenic

#### Identity

- Hole ID: MD002DD
- Project: Madman
- Commodity: arsenic
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: BUX

#### Geometry

- Grade: 300
- Grade Unit: ppm
- Intercept: 0.37 m
- From: 542.72 m
- To: 543.09 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: MD002DD:542.72-543.09

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-19T00:00:00.000Z

Reasoning: Arsenic detected in the intercept.

- Negative factor: Presence of arsenic

Evidence · text

> 300ppm arsenic

### MD002DD

[Link to this fact](https://atlas-staging.minestarters.com/news/buxton-s-maiden-madman-drilling-points-to-havieron-similarities--687603eb-1fe4-4762-989f-4c9e4f71e0db#fact-drill-facts-4)

Madman · bismuth

#### Identity

- Hole ID: MD002DD
- Project: Madman
- Commodity: bismuth
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: BUX

#### Geometry

- Grade: 11.15
- Grade Unit: ppm
- Intercept: 0.37 m
- From: 542.72 m
- To: 543.09 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: MD002DD:542.72-543.09

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-19T00:00:00.000Z

Reasoning: Trace bismuth reported in the intercept.

Evidence · text

> 11.15ppm bismuth

## 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.