# CR1: September 2026 Quarterly Report Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/cr1-september-2026-quarterly-report--e3f0dec7-3008-4909-9fae-0a0592894006 Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03155512 Publisher: asx Original announcement: 2026-10-21T21:25:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-21T22:26:22.150Z Atlas analysis updated: 2026-10-21T22:26:22.150Z - Company: Constellation Resources Limited - Ticker: CR1 - Exchange: ASX - Region: Western Australia - Primary commodity: Copper - Secondary commodities: Gold - Document categories: Other, Drill results, Capital raise - Extracted: 2026-10-21 22:26:22 UTC Narrative sentiment: 0.30 · Bullish ## Minestarters Atlas summary Constellation Resources reported its September 2026 quarterly results, highlighting a $3.2 million capital raise and the granting of two new Special Prospecting Authorities in the Edmund-Collier Basin. The company also confirmed regolith-hosted copper-gold mineralisation at the Chatham prospect within the Ularring Project. Reasoning: The report provides a quarterly update covering a successful capital raise, new tenure grants, and recent drill results confirming mineralisation at the Ularring project. - Positive factor: Successful capital raise of $3.2 million - Positive factor: New Special Prospecting Authorities granted in Edmund-Collier Basin - Positive factor: Confirmation of regolith-hosted Cu-Au mineralisation at Chatham - Negative factor: Quarterly cash outflow of $500k Facts used in scoring: 4 ## Classification and evidence **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 report mentions analytical techniques and sample submission to Core Laboratories, though specific QA/QC protocols like blanks/standards are not detailed in this summary. Evidence · text > 160 Samples submitted to Core Laboratories in Houston for thin section preparation ## Extracted facts Stored fact records: 4. Some facts used in scoring do not have a stored record. ## Drill Results (4) ### CHR001 [Link to this fact](https://atlas-staging.minestarters.com/news/cr1-september-2026-quarterly-report--e3f0dec7-3008-4909-9fae-0a0592894006#fact-drill-facts-0) Ularring · copper #### Identity - Hole ID: CHR001 - Project: Ularring - Commodity: copper - Region: australia\_wa - Reported Region: australia\_wa - Ticker: CR1 #### Geometry - Grade: 0.25 - Grade Unit: % - Intercept: 7 m - From: 0 m - To: 7 m - Intercept Depth: 0 m #### Classification - Sample Type: drill - Group ID: CHR001:0-7 - Mining Method: unknown #### QA/QC - QA/QC Methods: standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-21T00:00:00.000Z Reasoning: Low grade copper intercept confirming mineralisation at surface. - Positive factor: Confirms regolith-hosted mineralisation from surface Evidence · text > 7 m @ 0.25% Cu and 0.04 g/t Au from surface \(CHR001\) #### 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: "For further information, please contact: Peter Woodman Peter Muccilli Managing Director Technical Director Tel: +61 8 93" ### CHR001 [Link to this fact](https://atlas-staging.minestarters.com/news/cr1-september-2026-quarterly-report--e3f0dec7-3008-4909-9fae-0a0592894006#fact-drill-facts-1) Ularring · gold #### Identity - Hole ID: CHR001 - Project: Ularring - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: CR1 #### Geometry - Grade: 0.04 - Grade Unit: g/t - Intercept: 7 m - From: 0 m - To: 7 m - Intercept Depth: 0 m #### Classification - Sample Type: drill - Group ID: CHR001:0-7 - Mining Method: unknown #### QA/QC - QA/QC Methods: standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-21T00:00:00.000Z Reasoning: Low grade gold intercept confirming mineralisation at surface. - Positive factor: Confirms regolith-hosted mineralisation from surface Evidence · text > 7 m @ 0.25% Cu and 0.04 g/t Au from surface \(CHR001\) #### 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: "For further information, please contact: Peter Woodman Peter Muccilli Managing Director Technical Director Tel: +61 8 93" ### CHR004 [Link to this fact](https://atlas-staging.minestarters.com/news/cr1-september-2026-quarterly-report--e3f0dec7-3008-4909-9fae-0a0592894006#fact-drill-facts-2) Ularring · copper #### Identity - Hole ID: CHR004 - Project: Ularring - Commodity: copper - Region: australia\_wa - Reported Region: australia\_wa - Ticker: CR1 #### Geometry - Grade: 0.22 - Grade Unit: % - Intercept: 15 m - From: 0 m - To: 15 m - Intercept Depth: 0 m #### Classification - Sample Type: drill - Group ID: CHR004:0-15 - Mining Method: unknown #### QA/QC - QA/QC Methods: standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-21T00:00:00.000Z Reasoning: Low grade copper intercept confirming mineralisation at surface. - Positive factor: Confirms regolith-hosted mineralisation from surface Evidence · text > 15 m @ 0.22% Cu and 0.08 g/t Au from surface \(CHR004\) #### 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: "For further information, please contact: Peter Woodman Peter Muccilli Managing Director Technical Director Tel: +61 8 93" ### CHR004 [Link to this fact](https://atlas-staging.minestarters.com/news/cr1-september-2026-quarterly-report--e3f0dec7-3008-4909-9fae-0a0592894006#fact-drill-facts-3) Ularring · gold #### Identity - Hole ID: CHR004 - Project: Ularring - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: CR1 #### Geometry - Grade: 0.08 - Grade Unit: g/t - Intercept: 15 m - From: 0 m - To: 15 m - Intercept Depth: 0 m #### Classification - Sample Type: drill - Group ID: CHR004:0-15 - Mining Method: unknown #### QA/QC - QA/QC Methods: standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-21T00:00:00.000Z Reasoning: Low grade gold intercept confirming mineralisation at surface. - Positive factor: Confirms regolith-hosted mineralisation from surface Evidence · text > 15 m @ 0.22% Cu and 0.08 g/t Au from surface \(CHR004\) #### 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: "For further information, please contact: Peter Woodman Peter Muccilli Managing Director Technical Director Tel: +61 8 93" ## 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.