# DRE: Shallow High-Grade Gold from Metzkes North, Illaara

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/dre-shallow-high-grade-gold-from-metzkes-north-illaara--851d0c97-d024-485d-9dd0-9265d6ea5fab

Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03148593

Publisher: asx

Original announcement: 2026-10-05T21:11:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-05T22:24:30.628Z

Atlas analysis updated: 2026-10-05T22:24:30.628Z

- Company: Dreadnought Resources Ltd

- Ticker: DRE

- Exchange: ASX

- Region: Western Australia

- Primary commodity: Gold

- Secondary commodities: None reported

- Document categories: Drill results

- Extracted: 2026-10-05 22:24:31 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Dreadnought Resources Ltd announced high-grade gold drill results from its Metzke's North prospect, part of the Illaara Gold Project in Western Australia. The RC drilling program intersected significant mineralization, including 7m at 8.6 g/t gold from 8m, with a higher-grade section of 1m at 57.1 g/t gold. These results represent a new discovery, extending mineralization beyond a previously interpreted geological boundary, and are intended to support an upgrade and extension of the current resource.

Reasoning: The RC drilling program at Metzke's North yielded exceptional high-grade gold intercepts, including 1m at 57.1 g/t gold from a shallow depth of 8m, representing a new discovery and extending mineralization beyond a previously interpreted geological boundary. These results are intended to support an upgrade and extension of the existing resource, although true widths are estimated.

- Positive factor: bonanza\_intercept

- Positive factor: high\_grade\_intercept

- Positive factor: shallow\_mineralization

- Positive factor: new\_discovery

- Positive factor: step\_out\_extension

- Positive factor: qaqc\_disclosed

- Positive factor: compositing\_transparent

- Negative factor: apparent\_width\_only

- Negative factor: assays\_pending\_for\_diamond\_drilling

Facts used in scoring: 14

## Classification and evidence

**Bonanza Intercept**

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: The intercept of 1m @ 57.1 g/t Au from 8m in MZRC174 significantly exceeds the exceptional threshold for gold \(5 g/t\).

Evidence · text

> MZRC174: 7m @ 8.6 g/t Au from 8m, including 1m @ 57.1 g/t Au from 8m

**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 states that 'True widths are estimated to be between 70–90% of down hole lengths' but does not provide specific true width values for the reported intercepts.

Evidence · text

> True widths are estimated to be between 70–90% of down hole lengths.

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: The drilling at Metzke's North is described as a 'new discovery' north of a dyke previously thought to cut off mineralization, indicating an extension beyond known limits.

Evidence · text

> Metzke’s North is a new discovery north of a Proterozoic dyke \(a younger, unmineralised rock intrusion\) that was previously thought to cut off the high-grade mineralisation at Metzke’s Find.

**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 JORC Table 1 details QAQC procedures including the insertion of duplicates, blanks, and CRM’s \(OREAS Standards\) at a rate of 1:50 samples, and the use of ALS Laboratories for assaying.

Evidence · text

> QAQC samples consisting of duplicates, blanks and CRM’s \(OREAS Standards\) are inserted through the program at a rate of 1:50 samples.

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: The document states that 'All sample intervals with a minimum length of 1m and assays greater than 0.1 g/t Au have been reported' and 'No top cuts have been applied to exploration results'.

Evidence · text

> All sample intervals with a minimum length of 1m and assays greater than 0.1 g/t Au have been reported. No top cuts have been applied to exploration results.

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling program was designed to 'Extend the Resource at Metzke’s North in order to increase the overall Resource at Metzke’s' and 'to extend and upgrade the Resource'.

Evidence · text

> Extend the Resource at Metzke’s North in order to increase the overall Resource at Metzke’s \(currently 24,900 oz @ 5.2 g/t Au - 84% Indicated\); and Provide additional metallurgical test work; assist in mine planning and to extend and upgrade the Resource \(already at 84% Indicated\) \(4 twin and 8 extension holes\).

## Extracted facts

Stored fact records: 14. Some facts used in scoring do not have a stored record.

## Drill Results (14)

### MZRC174

[Link to this fact](https://atlas-staging.minestarters.com/news/dre-shallow-high-grade-gold-from-metzkes-north-illaara--851d0c97-d024-485d-9dd0-9265d6ea5fab#fact-drill-facts-0)

Illaara · gold

#### Identity

- Hole ID: MZRC174
- Project: Illaara
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: DRE

#### Geometry

- Grade: 8.6
- Grade Unit: g/t
- Intercept: 7 m
- From: 8 m
- To: 15 m
- Hole Depth: 24 m
- Intercept Depth: 8 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: MZRC174:8-15
- Mining Method: open\_pit

#### Location

- Location: Metzke’s Find
- Easting: 214612
- Northing: 6758151
- Elevation: 469 m
- Azimuth: 90.3 °
- Dip: -54 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Exceptional high-grade gold intercept at shallow depth, representing a new discovery at Metzke's North.

- Positive factor: high\_grade\_intercept

- Positive factor: shallow\_mineralization

- Positive factor: new\_discovery

- Negative factor: apparent\_width\_only

Evidence · table

> 8.6

Context: 7

#### 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

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**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: "The project comprises ~800km2 covering ~70km of strike along the Illaara greenstone belts."

### MZRC174

[Link to this fact](https://atlas-staging.minestarters.com/news/dre-shallow-high-grade-gold-from-metzkes-north-illaara--851d0c97-d024-485d-9dd0-9265d6ea5fab#fact-drill-facts-1)

Illaara · gold

#### Identity

- Hole ID: MZRC174
- Project: Illaara
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: DRE

#### Geometry

- Grade: 57.1
- Grade Unit: g/t
- Intercept: 1 m
- From: 8 m
- To: 9 m
- Hole Depth: 24 m
- Intercept Depth: 8 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: MZRC174:8-9
- Mining Method: open\_pit

#### Location

- Location: Metzke’s Find
- Easting: 214612
- Northing: 6758151
- Elevation: 469 m
- Azimuth: 90.3 °
- Dip: -54 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Bonanza grade gold intercept at very shallow depth, part of a new discovery at Metzke's North.

- Positive factor: bonanza\_intercept

- Positive factor: high\_grade\_intercept

- Positive factor: shallow\_mineralization

- Positive factor: new\_discovery

- Negative factor: apparent\_width\_only

Evidence · table

> 57.1

Context: 1

#### 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

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**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: "The project comprises ~800km2 covering ~70km of strike along the Illaara greenstone belts."

### MZRC180

[Link to this fact](https://atlas-staging.minestarters.com/news/dre-shallow-high-grade-gold-from-metzkes-north-illaara--851d0c97-d024-485d-9dd0-9265d6ea5fab#fact-drill-facts-2)

Illaara · gold

#### Identity

- Hole ID: MZRC180
- Project: Illaara
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: DRE

#### Geometry

- Grade: 4.2
- Grade Unit: g/t
- Intercept: 2 m
- From: 112 m
- To: 114 m
- Hole Depth: 126 m
- Intercept Depth: 112 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: MZRC180:112-114
- Mining Method: open\_pit

#### Location

- Location: Metzke’s Find
- Easting: 214536
- Northing: 6758187
- Elevation: 470 m
- Azimuth: 92.2 °
- Dip: -55 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Strong gold intercept contributing to resource extension.

- Positive factor: strong\_grade\_intercept

- Negative factor: apparent\_width\_only

Evidence · table

> 4.2

Context: 2

#### 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

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**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: "The project comprises ~800km2 covering ~70km of strike along the Illaara greenstone belts."

### MZRC180

[Link to this fact](https://atlas-staging.minestarters.com/news/dre-shallow-high-grade-gold-from-metzkes-north-illaara--851d0c97-d024-485d-9dd0-9265d6ea5fab#fact-drill-facts-3)

Illaara · gold

#### Identity

- Hole ID: MZRC180
- Project: Illaara
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: DRE

#### Geometry

- Grade: 0.4
- Grade Unit: g/t
- Intercept: 1 m
- From: 98 m
- To: 99 m
- Hole Depth: 126 m
- Intercept Depth: 98 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: MZRC180:98-99
- Mining Method: open\_pit

#### Location

- Location: Metzke’s Find
- Easting: 214536
- Northing: 6758187
- Elevation: 470 m
- Azimuth: 92.2 °
- Dip: -55 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Low-grade gold intercept above cutoff.

- Negative factor: apparent\_width\_only

Evidence · table

> 0.4

Context: 1

#### 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

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**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: "The project comprises ~800km2 covering ~70km of strike along the Illaara greenstone belts."

### MZRC186

[Link to this fact](https://atlas-staging.minestarters.com/news/dre-shallow-high-grade-gold-from-metzkes-north-illaara--851d0c97-d024-485d-9dd0-9265d6ea5fab#fact-drill-facts-4)

Illaara · gold

#### Identity

- Hole ID: MZRC186
- Project: Illaara
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: DRE

#### Geometry

- Grade: 1.2
- Grade Unit: g/t
- Intercept: 2 m
- From: 21 m
- To: 23 m
- Hole Depth: 60 m
- Intercept Depth: 21 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: MZRC186:21-23
- Mining Method: open\_pit

#### Location

- Location: Metzke’s Find
- Easting: 214577
- Northing: 6758287
- Elevation: 471 m
- Azimuth: 90.6 °
- Dip: -55 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Moderate-grade gold intercept at shallow depth.

- Positive factor: moderate\_grade\_intercept

- Positive factor: shallow\_mineralization

- Negative factor: apparent\_width\_only

Evidence · table

> 1.2

Context: 2

#### 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

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**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: "The project comprises ~800km2 covering ~70km of strike along the Illaara greenstone belts."

### MZRC169

[Link to this fact](https://atlas-staging.minestarters.com/news/dre-shallow-high-grade-gold-from-metzkes-north-illaara--851d0c97-d024-485d-9dd0-9265d6ea5fab#fact-drill-facts-5)

Illaara · gold

#### Identity

- Hole ID: MZRC169
- Project: Illaara
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: DRE

#### Geometry

- Grade: 1.9
- Grade Unit: g/t
- Intercept: 3 m
- From: 30 m
- To: 33 m
- Hole Depth: 60 m
- Intercept Depth: 30 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: MZRC169:30-33
- Mining Method: open\_pit

#### Location

- Location: Metzke’s Find
- Easting: 214598
- Northing: 6758066
- Elevation: 468 m
- Azimuth: 89.7 °
- Dip: -54 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Moderate-grade gold intercept at shallow depth.

- Positive factor: moderate\_grade\_intercept

- Positive factor: shallow\_mineralization

- Negative factor: apparent\_width\_only

Evidence · table

> 1.9

Context: 3

#### 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

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**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: "The project comprises ~800km2 covering ~70km of strike along the Illaara greenstone belts."

### MZRC168

[Link to this fact](https://atlas-staging.minestarters.com/news/dre-shallow-high-grade-gold-from-metzkes-north-illaara--851d0c97-d024-485d-9dd0-9265d6ea5fab#fact-drill-facts-6)

Illaara · gold

#### Identity

- Hole ID: MZRC168
- Project: Illaara
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: DRE

#### Geometry

- Grade: 0.1
- Grade Unit: g/t
- Intercept: 1 m
- From: 9 m
- To: 10 m
- Hole Depth: 60 m
- Intercept Depth: 9 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: MZRC168:9-10
- Mining Method: open\_pit

#### Location

- Location: Metzke’s Find
- Easting: 214615
- Northing: 6758067
- Elevation: 468 m
- Azimuth: 95 °
- Dip: -54 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Low-grade gold intercept at cutoff.

- Negative factor: apparent\_width\_only

Evidence · table

> 0.1

Context: 1

#### 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

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**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: "The project comprises ~800km2 covering ~70km of strike along the Illaara greenstone belts."

### MZRC171

[Link to this fact](https://atlas-staging.minestarters.com/news/dre-shallow-high-grade-gold-from-metzkes-north-illaara--851d0c97-d024-485d-9dd0-9265d6ea5fab#fact-drill-facts-7)

Illaara · gold

#### Identity

- Hole ID: MZRC171
- Project: Illaara
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: DRE

#### Geometry

- Grade: 0.5
- Grade Unit: g/t
- Intercept: 2 m
- From: 79 m
- To: 81 m
- Hole Depth: 108 m
- Intercept Depth: 79 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: MZRC171:79-81
- Mining Method: open\_pit

#### Location

- Location: Metzke’s Find
- Easting: 214559
- Northing: 6758067
- Elevation: 469 m
- Azimuth: 93.6 °
- Dip: -54 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Low-grade gold intercept above cutoff.

- Negative factor: apparent\_width\_only

Evidence · table

> 0.5

Context: 2

#### 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

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**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: "The project comprises ~800km2 covering ~70km of strike along the Illaara greenstone belts."

### MZRC181

[Link to this fact](https://atlas-staging.minestarters.com/news/dre-shallow-high-grade-gold-from-metzkes-north-illaara--851d0c97-d024-485d-9dd0-9265d6ea5fab#fact-drill-facts-8)

Illaara · gold

#### Identity

- Hole ID: MZRC181
- Project: Illaara
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: DRE

#### Geometry

- Grade: 0.1
- Grade Unit: g/t
- Intercept: 1 m
- From: 98 m
- To: 99 m
- Hole Depth: 120 m
- Intercept Depth: 98 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: MZRC181:98-99
- Mining Method: open\_pit

#### Location

- Location: Metzke’s Find
- Easting: 214542
- Northing: 6758166
- Elevation: 469 m
- Azimuth: 89.2 °
- Dip: -54 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Low-grade gold intercept at cutoff.

- Negative factor: apparent\_width\_only

Evidence · table

> 0.1

Context: 1

#### 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

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**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: "The project comprises ~800km2 covering ~70km of strike along the Illaara greenstone belts."

### MZRC182

[Link to this fact](https://atlas-staging.minestarters.com/news/dre-shallow-high-grade-gold-from-metzkes-north-illaara--851d0c97-d024-485d-9dd0-9265d6ea5fab#fact-drill-facts-9)

Illaara · gold

#### Identity

- Hole ID: MZRC182
- Project: Illaara
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: DRE

#### Geometry

- Grade: 0.1
- Grade Unit: g/t
- Intercept: 1 m
- From: 73 m
- To: 74 m
- Hole Depth: 90 m
- Intercept Depth: 73 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: MZRC182:73-74
- Mining Method: open\_pit

#### Location

- Location: Metzke’s Find
- Easting: 214556
- Northing: 6758211
- Elevation: 470 m
- Azimuth: 89.8 °
- Dip: -55 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Low-grade gold intercept at cutoff.

- Negative factor: apparent\_width\_only

Evidence · table

> 0.1

Context: 1

#### 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

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**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: "The project comprises ~800km2 covering ~70km of strike along the Illaara greenstone belts."

### MZRC183

[Link to this fact](https://atlas-staging.minestarters.com/news/dre-shallow-high-grade-gold-from-metzkes-north-illaara--851d0c97-d024-485d-9dd0-9265d6ea5fab#fact-drill-facts-10)

Illaara · gold

#### Identity

- Hole ID: MZRC183
- Project: Illaara
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: DRE

#### Geometry

- Grade: 0.2
- Grade Unit: g/t
- Intercept: 3 m
- From: 120 m
- To: 123 m
- Hole Depth: 144 m
- Intercept Depth: 120 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: MZRC183:120-123
- Mining Method: open\_pit

#### Location

- Location: Metzke’s Find
- Easting: 214516
- Northing: 6758232
- Elevation: 470 m
- Azimuth: 88.1 °
- Dip: -55 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Low-grade gold intercept above cutoff.

- Negative factor: apparent\_width\_only

Evidence · table

> 0.2

Context: 3

#### 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

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**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: "The project comprises ~800km2 covering ~70km of strike along the Illaara greenstone belts."

### MZRC183

[Link to this fact](https://atlas-staging.minestarters.com/news/dre-shallow-high-grade-gold-from-metzkes-north-illaara--851d0c97-d024-485d-9dd0-9265d6ea5fab#fact-drill-facts-11)

Illaara · gold

#### Identity

- Hole ID: MZRC183
- Project: Illaara
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: DRE

#### Geometry

- Grade: 0.2
- Grade Unit: g/t
- Intercept: 3 m
- From: 135 m
- To: 138 m
- Hole Depth: 144 m
- Intercept Depth: 135 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: MZRC183:135-138
- Mining Method: open\_pit

#### Location

- Location: Metzke’s Find
- Easting: 214516
- Northing: 6758232
- Elevation: 470 m
- Azimuth: 88.1 °
- Dip: -55 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Low-grade gold intercept above cutoff.

- Negative factor: apparent\_width\_only

Evidence · table

> 0.2

Context: 3

#### 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

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**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: "The project comprises ~800km2 covering ~70km of strike along the Illaara greenstone belts."

### MZRC185

[Link to this fact](https://atlas-staging.minestarters.com/news/dre-shallow-high-grade-gold-from-metzkes-north-illaara--851d0c97-d024-485d-9dd0-9265d6ea5fab#fact-drill-facts-12)

Illaara · gold

#### Identity

- Hole ID: MZRC185
- Project: Illaara
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: DRE

#### Geometry

- Grade: 0.1
- Grade Unit: g/t
- Intercept: 3 m
- From: 141 m
- To: 144 m
- Hole Depth: 150 m
- Intercept Depth: 141 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: MZRC185:141-144
- Mining Method: open\_pit

#### Location

- Location: Metzke’s Find
- Easting: 214516
- Northing: 6758251
- Elevation: 470 m
- Azimuth: 86.9 °
- Dip: -54 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Low-grade gold intercept at cutoff.

- Negative factor: apparent\_width\_only

Evidence · table

> 0.1

Context: 3

#### 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

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**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: "The project comprises ~800km2 covering ~70km of strike along the Illaara greenstone belts."

### MZRC188

[Link to this fact](https://atlas-staging.minestarters.com/news/dre-shallow-high-grade-gold-from-metzkes-north-illaara--851d0c97-d024-485d-9dd0-9265d6ea5fab#fact-drill-facts-13)

Illaara · gold

#### Identity

- Hole ID: MZRC188
- Project: Illaara
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: DRE

#### Geometry

- Grade: 0.2
- Grade Unit: g/t
- Intercept: 1 m
- From: 42 m
- To: 43 m
- Hole Depth: 84 m
- Intercept Depth: 42 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: MZRC188:42-43
- Mining Method: open\_pit

#### Location

- Location: Metzke’s Find
- Easting: 214560
- Northing: 6758331
- Elevation: 472 m
- Azimuth: 89.3 °
- Dip: -55 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Low-grade gold intercept above cutoff.

- Negative factor: apparent\_width\_only

Evidence · table

> 0.2

Context: 1

#### 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

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**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: "The project comprises ~800km2 covering ~70km of strike along the Illaara greenstone belts."

## 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.