# CMG: DFS Drilling Program Commences at Lindfield Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/cmg-dfs-drilling-program-commences-at-lindfield--2ccfda8a-e5e6-4867-9174-fb48aacf3dd0 Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03154552 Publisher: asx Original announcement: 2026-10-20T00:15:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-20T02:03:03.048Z Atlas analysis updated: 2026-10-20T02:03:03.048Z - Company: Critical Minerals Group Limited - Ticker: CMG - Exchange: ASX - Region: Queensland - Primary commodity: Vanadium - Secondary commodities: Molybdenum - Document categories: Other, Drill results, Resource update - Extracted: 2026-10-20 02:03:03 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary Critical Minerals Group has commenced its first field program for the Definitive Feasibility Study \(DFS\) at the Lindfield Vanadium Project in Queensland. The program involves approximately 55 core holes designed to increase geological confidence, provide metallurgical variability samples, and collect geotechnical and groundwater data. Reasoning: The announcement marks the start of a critical field program to support the Definitive Feasibility Study \(DFS\), providing essential data for resource upgrading and metallurgical testing. - Positive factor: Commencement of DFS-level drilling program - Positive factor: Program includes metallurgical variability sampling - Positive factor: Includes geotechnical and groundwater components for DFS - Negative factor: No new assay results reported in this release Facts used in scoring: 6 ## Classification and evidence **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: The program includes infill drilling within the PFS proposed mine development area to increase geological confidence. Evidence · text > Infill drilling within the Pre-Feasibility Study \(PFS\) proposed mine development area is designed to increase geological confidence ## Extracted facts Stored fact records: 6. Some facts used in scoring do not have a stored record. ## Drill Results (1) ### Fact 1 [Link to this fact](https://atlas-staging.minestarters.com/news/cmg-dfs-drilling-program-commences-at-lindfield--2ccfda8a-e5e6-4867-9174-fb48aacf3dd0#fact-drill-facts-0) Lindfield · vanadium Needs review: drill\_no\_hole\_id #### Identity - Project: Lindfield - Commodity: vanadium - Region: australia\_qld - Reported Region: australia\_qld - Ticker: CMG #### Geometry - Intercept: 1320 m #### Classification - Program: resource - Sample Type: drill #### QA/QC - QA/QC Methods: standards #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-20T00:00:00.000Z Reasoning: This is a statement of total planned drilling meters, not an assay result. Evidence · text > approximately 55 core holes for approximately 1,320 metres #### 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ## Resource Estimates (5) ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/cmg-dfs-drilling-program-commences-at-lindfield--2ccfda8a-e5e6-4867-9174-fb48aacf3dd0#fact-resource-facts-1) molybdenum #### Identity - Commodity: molybdenum - Ticker: CMG #### Resource scope - Estimate type: resource - Reporting standards: jorc - Resource group id: resource:9c40b4fac23e2f3ee8e6 - Deposit or zone: Weathered #### Resource Data - Category: indicated - Tonnes: 261000000 - Grade: 110 - Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-20T00:00:00.000Z Reasoning: Expanded from multi-commodity resource table for completeness. - Negative factor: Fact expanded from resource table columns \(model omitted this commodity\). Evidence · table > 110 Context: 261 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **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 **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/cmg-dfs-drilling-program-commences-at-lindfield--2ccfda8a-e5e6-4867-9174-fb48aacf3dd0#fact-resource-facts-2) molybdenum #### Identity - Commodity: molybdenum - Ticker: CMG #### Resource scope - Estimate type: resource - Reporting standards: jorc - Resource group id: resource:3b2d17e6e838694c626d - Deposit or zone: Fresh #### Resource Data - Category: indicated - Tonnes: 230000000 - Grade: 160 - Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-20T00:00:00.000Z Reasoning: Expanded from multi-commodity resource table for completeness. - Negative factor: Fact expanded from resource table columns \(model omitted this commodity\). Evidence · table > 160 Context: 230 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **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 **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/cmg-dfs-drilling-program-commences-at-lindfield--2ccfda8a-e5e6-4867-9174-fb48aacf3dd0#fact-resource-facts-3) molybdenum #### Identity - Commodity: molybdenum - Ticker: CMG #### Resource scope - Estimate type: resource - Reporting standards: jorc - Resource group id: resource:bae977d33de32173eac2 - Deposit or zone: Weathered #### Resource Data - Category: inferred - Tonnes: 61000000 - Grade: 110 - Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-20T00:00:00.000Z Reasoning: Expanded from multi-commodity resource table for completeness. - Negative factor: Fact expanded from resource table columns \(model omitted this commodity\). Evidence · table > 110 Context: 61 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **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 **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/cmg-dfs-drilling-program-commences-at-lindfield--2ccfda8a-e5e6-4867-9174-fb48aacf3dd0#fact-resource-facts-4) molybdenum #### Identity - Commodity: molybdenum - Ticker: CMG #### Resource scope - Estimate type: resource - Reporting standards: jorc - Resource group id: resource:73e48a196da174cb5902 - Deposit or zone: Fresh #### Resource Data - Category: inferred - Tonnes: 161000000 - Grade: 150 - Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-20T00:00:00.000Z Reasoning: Expanded from multi-commodity resource table for completeness. - Negative factor: Fact expanded from resource table columns \(model omitted this commodity\). Evidence · table > 150 Context: 161 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **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 **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/cmg-dfs-drilling-program-commences-at-lindfield--2ccfda8a-e5e6-4867-9174-fb48aacf3dd0#fact-resource-facts-5) molybdenum #### Identity - Commodity: molybdenum - Ticker: CMG #### Resource scope - Estimate type: resource - Reporting standards: jorc - Resource group id: resource:906ba3c4f91ca068469a #### Resource Data - Category: inferred - Tonnes: 713000000 - Grade: 130 - Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-20T00:00:00.000Z Reasoning: Expanded from multi-commodity resource table for completeness. - Negative factor: Fact expanded from resource table columns \(model omitted this commodity\). Evidence · table > 130 Context: 713 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **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 **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ## 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.