# EM3: Cleansing Notice Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/em3-cleansing-notice--b040cb65-c2e3-4aec-8f57-3f3f604bd445 Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03146357 Publisher: asx Original announcement: 2026-09-30T06:09:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-09-30T07:34:03.778Z Atlas analysis updated: 2026-09-30T07:34:03.778Z - Company: EMC Gold Corporation - Ticker: EM3 - Exchange: ASX - Region: Unavailable - Primary commodity: Unavailable - Secondary commodities: None reported - Document categories: Resource update, Other - Extracted: 2026-09-30 07:34:04 UTC Narrative sentiment: 0.00 · Neutral ## Minestarters Atlas summary EMC Gold Corporation has issued a cleansing notice following the completion of a share issue involving 3,472,820 shares via option conversion. The document also restates historical resource figures for the Salave Gold Project originally released in March 2025. Reasoning: Administrative cleansing notice following a share issue via option conversion; resource data provided is historical restatement. Facts used in scoring: 3 ## Classification and evidence **Stale Data Re-release** Polarity: negative Story-specific tag Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: The resource figures provided are restatements of a March 2025 announcement. Evidence · text > released by the Company in its news release entitled ‘Updated Scoping Study Salave Gold’ dated 31 March 2025 ## Extracted facts Stored fact records: 3. Some facts used in scoring do not have a stored record. ## Resource Estimates (3) ### measured [Link to this fact](https://atlas-staging.minestarters.com/news/em3-cleansing-notice--b040cb65-c2e3-4aec-8f57-3f3f604bd445#fact-resource-facts-0) Salave · gold Historical result Needs review: historical\_restatement #### Identity - Project: Salave - Commodity: gold - Region: spain - Reported Region: Spain - Ticker: EM3 #### Resource scope - Estimate type: resource - Resource group id: resource:a64e3541f10a47a845b7 #### Resource Data - Category: measured - Tonnes: 1600000 - Grade: 3.82 - Grade Unit: g/t - Contained Metal: 0.2 - Contained Unit: moz #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2025-03-31T00:00:00.000Z #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Historical restatement of measured resource from March 2025 release. Evidence · text > Measured Mineral Resource of 1.6 million tonnes grading 3.82 g/t Au, containing 0.2 million ounces of gold #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **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 **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/em3-cleansing-notice--b040cb65-c2e3-4aec-8f57-3f3f604bd445#fact-resource-facts-1) Salave · gold Historical result Needs review: historical\_restatement #### Identity - Project: Salave - Commodity: gold - Region: spain - Reported Region: Spain - Ticker: EM3 #### Resource scope - Estimate type: resource - Resource group id: resource:278be33e401f73c6142d #### Resource Data - Category: indicated - Tonnes: 11300000 - Grade: 2.9 - Grade Unit: g/t - Contained Metal: 1.06 - Contained Unit: moz #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2025-03-31T00:00:00.000Z #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Historical restatement of indicated resource from March 2025 release. Evidence · text > Indicated Mineral Resource of 11.3 million tonnes grading 2.90 g/t Au, containing 1.06 million ounces of gold #### 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 **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/em3-cleansing-notice--b040cb65-c2e3-4aec-8f57-3f3f604bd445#fact-resource-facts-2) Salave · gold Historical result Needs review: historical\_restatement #### Identity - Project: Salave - Commodity: gold - Region: spain - Reported Region: Spain - Ticker: EM3 #### Resource scope - Estimate type: resource - Resource group id: resource:3a9e0123fa3409b2e9f9 #### Resource Data - Category: inferred - Tonnes: 4100000 - Grade: 2.34 - Grade Unit: g/t - Contained Metal: 0.31 - Contained Unit: moz #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2025-03-31T00:00:00.000Z #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Historical restatement of inferred resource from March 2025 release. Evidence · text > Inferred Resources totalling 4.1 million tonnes grading 2.34 g/t Au, containing 0.31 million ounces of gold #### 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 **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. 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.