DM1: Annual Report 2026

Original announcement by asx on

Company
DESERT METALS LIMITED
Ticker
DM1
Exchange
ASX
Region
Côte d’Ivoire
Primary commodity
Gold
Secondary commodities
Lithium, Beryllium, Tantalum, Rare earth
Document categories
Drill results, Capital raise, Agreement transaction, Other
Extracted
2026-09-30 08:32:50 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Desert Metals Limited's 2026 Annual Report highlights significant exploration progress in Côte d’Ivoire, including the definition of new high-priority gold targets at Nyan and the extension of the Tiogo gold corridor. The company also strengthened its project ownership through acquisitions and earn-in completions, funded by capital raises. Despite these operational successes, the auditor noted a material uncertainty regarding the company's ability to continue as a going concern due to net losses and reliance on future funding.

Reasoning: The company reported substantial exploration success in Côte d’Ivoire, including the definition of new high-tenor gold-in-soil anomalies and extensions to existing prospects, alongside strategic project acquisitions and increased ownership. These achievements were supported by successful capital raises. However, the auditor's report noted a material uncertainty regarding the company's going concern status due to ongoing losses.

Positive factors

  • Significant exploration progress and new high-priority gold targets defined at Nyan and Tiogo North.
  • Strengthened project ownership through acquisitions and increased earn-in interests in key projects.
  • Successful capital raises provided funding for ongoing exploration activities.
  • Competent Person statement confirms JORC compliance for exploration results.

Negative factors

  • Auditor highlighted a material uncertainty regarding the company's ability to continue as a going concern due to net losses and reliance on future capital raises.
  • Drill results are re-reported from previous announcements, reducing their novelty in this document.

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 21

Classification and evidence

QP/CP Signedpositive · Story-specific tag

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: Stephen Ross, a competent person who is a Member of The Australasian Institute of Mining and Metallurgy, consented to the inclusion of exploration results in this report.

Evidence · text

“Stephen Ross, a competent person who is a Member of The Australasian Institute of Mining and Metallurgy. Mr Ross has a minimum of five years’ experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves” (the JORC Code). Mr Ross is a related party of the Company, being a Director, and holds securities in the Company. Mr Ross has consented to the inclusion in this report of the matters based on his information in the form and context in which it appears.”

JORC Compliantpositive · Story-specific tag

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: Exploration results are reported in accordance with the 2012 JORC Code.

Evidence · text

“reported in accordance with the 2012 JORC Code”

Nearology Playneutral · Story-specific tag

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: The Tengrela South Gold Project is positioned as being on strike to Perseus Mining’s operating Sissingué gold mine and between Sissingué and Aurum Resources Limited’s 3.0Moz Boundiali gold project.

Evidence · text

“Located 30km from, and on strike to, Perseus Mining’s (ASX: PRU) operating Sissingué gold mine ... strategically located directly between Sissingué and Aurum Resources Limited’s (ASX: AUE) 3.0Moz Boundiali gold project.”

Step-Out Extensionpositive · Story-specific tag

Mineralization extended beyond the previously known limit.

Why it applies: Follow-up aircore drilling extended the Tiogo gold corridor to approximately 1.5km of semi-continuous strike.

Evidence · text

“Follow-up aircore drilling extended the Tiogo gold corridor to approximately 1.5km of semi-continuous strike”

Stale Data Re-releasenegative · Story-specific tag

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: The drill results presented in this annual report are re-statements of results previously announced during the FY2026 period, reducing their novelty at the time of this document's release.

Evidence · text

“Results from the second diamond drilling program confirmed a substantial, high-grade gold system at the King Kong prospect ... Results reported in May 2026 were outstanding.”

Extracted facts

Stored fact records: 16. Some facts used in scoring do not have a stored record.

Drill Results (16)

Fact 1Adzope · goldGrade: 20.6Grade Unit: g/tIntercept: 3 mHistorical resultNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Adzope
Commodity
gold
Region
côte d’ivoire
Reported Region
côte d’ivoire
Ticker
DM1

Geometry

Grade
20.6
Grade Unit
g/t
Intercept
3 m
From
114 m
To
117 m
Intercept Depth
114 m

Classification

Deposit Type
orogenic
Sample Type
drill
Group ID
Adzope:114-117
Mining Method
unknown

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-09-30T00:00:00.000Z

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This exceptional high-grade gold intercept from the King Kong prospect, though re-reported, confirms the presence of significant mineralization within the project.

Positive factors

  • Exceptional gold grade (20.6 g/t) over a significant intercept length (3m) indicates high-quality mineralization.
  • Intercept is part of a confirmed high-grade gold system at King Kong prospect.

Negative factors

  • Result is a re-statement from a prior announcement, reducing its novelty in this document.

Evidence · text

“3m at 20.6g/t gold from 114m, including 1m at 35.6g/t gold from 114m”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Fact 2Adzope · goldGrade: 35.6Grade Unit: g/tIntercept: 1 mHistorical resultNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Adzope
Commodity
gold
Region
côte d’ivoire
Reported Region
côte d’ivoire
Ticker
DM1

Geometry

Grade
35.6
Grade Unit
g/t
Intercept
1 m
From
114 m
To
115 m
Intercept Depth
114 m

Classification

Deposit Type
orogenic
Sample Type
drill
Group ID
Adzope:114-115
Mining Method
unknown

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-09-30T00:00:00.000Z

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This bonanza-grade gold sub-interval further highlights the exceptional quality of mineralization at the King Kong prospect, despite being re-reported.

Positive factors

  • Bonanza gold grade (35.6 g/t) over 1m indicates a very high-quality zone within the broader intercept.

Negative factors

  • Result is a re-statement from a prior announcement, reducing its novelty in this document.

Evidence · text

“1m at 35.6g/t gold from 114m”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Fact 3Adzope · goldGrade: 16.9Grade Unit: g/tIntercept: 2 mHistorical resultNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Adzope
Commodity
gold
Region
côte d’ivoire
Reported Region
côte d’ivoire
Ticker
DM1

Geometry

Grade
16.9
Grade Unit
g/t
Intercept
2 m
From
273 m
To
275 m
Intercept Depth
273 m

Classification

Deposit Type
orogenic
Sample Type
drill
Group ID
Adzope:273-275
Mining Method
unknown

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-09-30T00:00:00.000Z

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This exceptional high-grade gold intercept at a deeper level reinforces the potential of the King Kong prospect, even though it is a re-reported result.

Positive factors

  • Exceptional gold grade (16.9 g/t) over 2m further confirms high-grade mineralization at depth.

Negative factors

  • Result is a re-statement from a prior announcement, reducing its novelty in this document.

Evidence · text

“2m at 16.9g/t gold from 273m, including 1m at 31.2g/t gold from 273m”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Fact 4Adzope · goldGrade: 31.2Grade Unit: g/tIntercept: 1 mHistorical resultNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Adzope
Commodity
gold
Region
côte d’ivoire
Reported Region
côte d’ivoire
Ticker
DM1

Geometry

Grade
31.2
Grade Unit
g/t
Intercept
1 m
From
273 m
To
274 m
Intercept Depth
273 m

Classification

Deposit Type
orogenic
Sample Type
drill
Group ID
Adzope:273-274
Mining Method
unknown

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-09-30T00:00:00.000Z

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This bonanza-grade gold sub-interval at depth further confirms the exceptional quality of mineralization at the King Kong prospect, despite being re-reported.

Positive factors

  • Bonanza gold grade (31.2 g/t) over 1m indicates a very high-quality zone at depth.

Negative factors

  • Result is a re-statement from a prior announcement, reducing its novelty in this document.

Evidence · text

“1m at 31.2g/t gold from 273m”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Fact 5Adzope · goldGrade: 3.52Grade Unit: g/tIntercept: 7.5 mHistorical resultNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Adzope
Commodity
gold
Region
côte d’ivoire
Reported Region
côte d’ivoire
Ticker
DM1

Geometry

Grade
3.52
Grade Unit
g/t
Intercept
7.5 m
From
37 m
To
44.5 m
Intercept Depth
37 m

Classification

Deposit Type
orogenic
Sample Type
drill
Group ID
Adzope:37-44.5
Mining Method
unknown

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-09-30T00:00:00.000Z

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This strong gold intercept from the King Kong prospect, though re-reported, adds to the evidence of significant mineralization within the project.

Positive factors

  • Strong gold grade (3.52 g/t) over a good intercept length (7.5m) contributes to the overall prospect potential.

Negative factors

  • Result is a re-statement from a prior announcement, reducing its novelty in this document.

Evidence · text

“7.5m at 3.52g/t gold from 37m, including 1.5m at 9.27g/t gold from 38.5m”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Fact 6Adzope · goldGrade: 9.27Grade Unit: g/tIntercept: 1.5 mHistorical resultNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Adzope
Commodity
gold
Region
côte d’ivoire
Reported Region
côte d’ivoire
Ticker
DM1

Geometry

Grade
9.27
Grade Unit
g/t
Intercept
1.5 m
From
38.5 m
To
40 m
Intercept Depth
38.5 m

Classification

Deposit Type
orogenic
Sample Type
drill
Group ID
Adzope:38.5-40
Mining Method
unknown

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-09-30T00:00:00.000Z

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This strong gold sub-interval from the King Kong prospect, though re-reported, adds to the evidence of significant mineralization within the project.

Positive factors

  • Strong gold grade (9.27 g/t) over 1.5m within a broader intercept further enhances the prospectivity.

Negative factors

  • Result is a re-statement from a prior announcement, reducing its novelty in this document.

Evidence · text

“1.5m at 9.27g/t gold from 38.5m”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

26TSAC038Tengrela South · goldGrade: 19.48Grade Unit: g/tIntercept: 4 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
26TSAC038
Project
Tengrela South
Commodity
gold
Region
côte d’ivoire
Reported Region
côte d’ivoire
Ticker
DM1

Geometry

Grade
19.48
Grade Unit
g/t
Intercept
4 m
From
42 m
To
46 m
Intercept Depth
42 m

Classification

Deposit Type
orogenic
Sample Type
drill
Group ID
26TSAC038:42-46
Mining Method
unknown

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-05-31T00:00:00.000Z

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This exceptional high-grade gold intercept from Tiogo, though re-reported, represents the strongest result to date and confirms significant mineralization within the project.

Positive factors

  • Exceptional gold grade (19.48 g/t) over 4m is the strongest intercept to date at Tiogo, indicating high-quality mineralization.
  • Intercept is quartz vein-hosted, consistent with the geological model.

Negative factors

  • Result is a re-statement from a prior announcement, reducing its novelty in this document.

Evidence · text

“26TSAC038: 4m at 19.48g/t gold from 42m”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

26TSAC010Tengrela South · goldGrade: 3.81Grade Unit: g/tIntercept: 12 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
26TSAC010
Project
Tengrela South
Commodity
gold
Region
côte d’ivoire
Reported Region
côte d’ivoire
Ticker
DM1

Geometry

Grade
3.81
Grade Unit
g/t
Intercept
12 m
From
34 m
To
46 m
Intercept Depth
34 m

Classification

Deposit Type
orogenic
Sample Type
drill
Group ID
26TSAC010:34-46
Mining Method
unknown

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-05-31T00:00:00.000Z

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This strong and wide gold intercept from Tiogo, though re-reported, demonstrates good grade continuity within the mineralized corridor.

Positive factors

  • Strong gold grade (3.81 g/t) over a wide intercept (12m) demonstrates excellent grade continuity.

Negative factors

  • Result is a re-statement from a prior announcement, reducing its novelty in this document.

Evidence · text

“26TSAC010: 12m at 3.81g/t gold from 34m, including 2m at 21.84g/t gold”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

26TSAC010Tengrela South · goldGrade: 21.84Grade Unit: g/tIntercept: 2 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
26TSAC010
Project
Tengrela South
Commodity
gold
Region
côte d’ivoire
Reported Region
côte d’ivoire
Ticker
DM1

Geometry

Grade
21.84
Grade Unit
g/t
Intercept
2 m

Classification

Deposit Type
orogenic
Sample Type
drill
Mining Method
unknown

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-05-31T00:00:00.000Z

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This bonanza-grade gold sub-interval from Tiogo, though re-reported, further confirms the exceptional quality of mineralization within the project.

Positive factors

  • Bonanza gold grade (21.84 g/t) over 2m within a broader intercept highlights a high-quality zone.

Negative factors

  • Result is a re-statement from a prior announcement, reducing its novelty in this document.

Evidence · text

“2m at 21.84g/t gold”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

26TSAC021Tengrela South · goldGrade: 8.7Grade Unit: g/tIntercept: 4 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
26TSAC021
Project
Tengrela South
Commodity
gold
Region
côte d’ivoire
Reported Region
côte d’ivoire
Ticker
DM1

Geometry

Grade
8.7
Grade Unit
g/t
Intercept
4 m
From
18 m
To
22 m
Intercept Depth
18 m

Classification

Deposit Type
orogenic
Sample Type
drill
Group ID
26TSAC021:18-22
Mining Method
unknown

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-05-31T00:00:00.000Z

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This strong gold intercept from Tiogo, though re-reported, indicates significant near-surface mineralization within the project.

Positive factors

  • Strong gold grade (8.70 g/t) over 4m indicates significant mineralization near surface.

Negative factors

  • Result is a re-statement from a prior announcement, reducing its novelty in this document.

Evidence · text

“26TSAC021: 4m at 8.70g/t gold from 18m, including 2m at 13.22g/t gold”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

26TSAC021Tengrela South · goldGrade: 13.22Grade Unit: g/tIntercept: 2 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
26TSAC021
Project
Tengrela South
Commodity
gold
Region
côte d’ivoire
Reported Region
côte d’ivoire
Ticker
DM1

Geometry

Grade
13.22
Grade Unit
g/t
Intercept
2 m

Classification

Deposit Type
orogenic
Sample Type
drill
Mining Method
unknown

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-05-31T00:00:00.000Z

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This strong gold sub-interval from Tiogo, though re-reported, further confirms significant near-surface mineralization within the project.

Positive factors

  • Strong gold grade (13.22 g/t) over 2m within a broader intercept further enhances near-surface prospectivity.

Negative factors

  • Result is a re-statement from a prior announcement, reducing its novelty in this document.

Evidence · text

“2m at 13.22g/t gold”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

26TSAC031Tengrela South · goldGrade: 2.83Grade Unit: g/tIntercept: 4 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
26TSAC031
Project
Tengrela South
Commodity
gold
Region
côte d’ivoire
Reported Region
côte d’ivoire
Ticker
DM1

Geometry

Grade
2.83
Grade Unit
g/t
Intercept
4 m
From
44 m
To
48 m
Intercept Depth
44 m

Classification

Deposit Type
orogenic
Sample Type
drill
Group ID
26TSAC031:44-48
Mining Method
unknown

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-05-31T00:00:00.000Z

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This moderate gold intercept from Tiogo, though re-reported, indicates consistent mineralization at depth within the project.

Positive factors

  • Moderate gold grade (2.83 g/t) over 4m indicates consistent mineralization at depth.

Negative factors

  • Result is a re-statement from a prior announcement, reducing its novelty in this document.

Evidence · text

“26TSAC031: 4m at 2.83g/t gold from 44m”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Fact 13Adzope · goldGrade: 6.04Grade Unit: g/tView all details
Link to this fact

Identity

Project
Adzope
Commodity
gold
Region
côte d’ivoire
Reported Region
côte d’ivoire
Ticker
DM1

Geometry

Grade
6.04
Grade Unit
g/t

Classification

Sample Type
surface

Location

Location
Nyan prospect
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: The discovery of an exceptional high-grade gold-in-soil anomaly at the new Nyan prospect represents a highly material and novel exploration target with significant untested potential.

Positive factors

  • Exceptional gold-in-soil anomaly (6.04 g/t) defines a new, high-priority target.
  • Anomaly is +7km long and entirely untested by drilling, indicating significant potential.

Evidence · text

“Zone A (principal) is centred on soil samples of 6,036ppb (6.04g/t) gold and 3,626ppb (3.63g/t) gold”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 14Adzope · goldGrade: 3.63Grade Unit: g/tView all details
Link to this fact

Identity

Project
Adzope
Commodity
gold
Region
côte d’ivoire
Reported Region
côte d’ivoire
Ticker
DM1

Geometry

Grade
3.63
Grade Unit
g/t

Classification

Sample Type
surface

Location

Location
Nyan prospect
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This strong gold-in-soil anomaly at the new Nyan prospect further supports its high materiality and novelty as an untested exploration target.

Positive factors

  • Strong gold-in-soil anomaly (3.63 g/t) further defines the new, high-priority Nyan target.

Evidence · text

“Zone A (principal) is centred on soil samples of 6,036ppb (6.04g/t) gold and 3,626ppb (3.63g/t) gold”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 15Tengrela South · goldGrade: 617Grade Unit: ppbView all details
Link to this fact

Identity

Project
Tengrela South
Commodity
gold
Region
côte d’ivoire
Reported Region
côte d’ivoire
Ticker
DM1

Geometry

Grade
617
Grade Unit
ppb

Classification

Sample Type
surface

Location

Location
Tiogo North target
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: The definition of a strong gold-in-soil anomaly at the new Tiogo North target significantly extends the known mineralized corridor and presents a highly material and novel exploration opportunity.

Positive factors

  • Strong gold-in-soil anomaly (617 ppb) defines a new high-priority target, extending the Tiogo corridor by +3km.
  • Anomaly is comparable in scale and intensity to the original Tiogo soil anomaly prior to drilling.

Evidence · text

“The anomaly has a peak value of 617ppb gold”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

25TSAC019Adzope · goldGrade: 6.47Grade Unit: g/tIntercept: 8 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
25TSAC019
Project
Adzope
Commodity
gold
Region
côte d’ivoire
Reported Region
côte d’ivoire
Ticker
DM1

Geometry

Grade
6.47
Grade Unit
g/t
Intercept
8 m
From
6 m
To
14 m

Classification

Deposit Type
orogenic
Sample Type
drill

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This exceptional high-grade gold intercept from the King Kong prospect, though re-reported, confirms the presence of significant mineralization within the project.

Positive factors

  • Exceptional gold grade (20.6 g/t) over a significant intercept length (3m) indicates high-quality mineralization.
  • Intercept is part of a confirmed high-grade gold system at King Kong prospect.

Negative factors

  • Result is a re-statement from a prior announcement, reducing its novelty in this document.

Evidence · text

“8m at 6.47g/t gold from 6m”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

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.