# Exceptional Results Up to 5.42 g/t Au & 256 g/t Ag Peak View 33 pages 4.6MB Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/exceptional-results-up-to-5-42-g-t-au-256-g-t-ag-peak-view-33-pages-4-6mb--e84b1f24-3d2c-4620-b90a-a08ba6080e6a Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03051462 Publisher: asx Original announcement: 2026-01-21T00:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-01T04:24:35.058Z Atlas analysis updated: 2026-10-01T04:24:35.058Z - Company: Exultant Mining - Ticker: 10X - Exchange: ASX - Region: New South Wales - Primary commodity: Gold - Secondary commodities: Silver, Copper, Lead, Zinc, Arsenic - Document categories: Drill results - Extracted: 2026-10-01 04:24:35 UTC Narrative sentiment: 0.30 · Bullish ## Minestarters Atlas summary Exultant Mining has released a JORC Table 1 detailing historical exploration results for its Peak View and Black Hammer projects in New South Wales. The Peak View project shows historical high-grade gold and silver intercepts, including up to 5.42 g/t Au and 256 g/t Ag. However, the report highlights significant data gaps and inconsistent QA/QC in the historical data, which the company plans to address with a two-year exploration program. Reasoning: The document presents historical high-grade gold and silver results from the Peak View project and discusses historical exploration at Black Hammer. While the grades are encouraging, the historical nature of the data and documented inconsistencies in QA/QC protocols reduce immediate confidence, necessitating the planned future work. - Positive factor: High historical grades reported - Positive factor: JORC compliant reporting of historical data - Positive factor: Planned future exploration to validate historical results - Negative factor: Historical data with inconsistent QA/QC - Negative factor: Lack of true width for historical intercepts - Negative factor: Data spacing insufficient for resource estimation - Negative factor: No new drill results from the company Low confidence — this extraction should be reviewed alongside the original source. Facts used in scoring: 2 ## 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 document includes a JORC Table 1 with detailed discussion of sampling techniques and QA/QC procedures for current and historical work, including mention of ALS Orange and ISO/IEC 17025 accreditation for current programs. Evidence · text > The latest program \(Exultant Mining 2025 - Present\) uses ALS Orange and considers its procedures for sample preparation, fusion and analysis industry standard. **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: Historical QA/QC protocols from 1975-1995 are not consistently documented, and standards, blanks, and duplicates were not systematically implemented in early programs. Evidence · text > QAQC protocols from the 1975-1995 are not consistently documented in available reports. **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: Historical drill results are reported as down-hole lengths, and true widths are not known. Evidence · text > Historic results reported as down-hole lengths. True width is not known. **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: The document primarily discusses historical exploration results from 1975-2012, with no new drill assays from the current company. Evidence · text > 27 drill holes completed historically between 1975-2012 **JORC Compliant** Polarity: positive Story-specific tag Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: The report is presented in compliance with the JORC Code, 2012 Table 1. Evidence · text > JORC Code, 2012 Table **QP/CP Signed** Polarity: positive Story-specific tag Definition: 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: The report mentions that maps and sections are included as deemed appropriate by the Competent Person, indicating sign-off. Evidence · text > Maps and sections are included in the body of this Report as deemed appropriate by the Competent Person. ## Extracted facts Stored fact records: 2. Some facts used in scoring do not have a stored record. ## Drill Results (2) ### Fact 1 [Link to this fact](https://atlas-staging.minestarters.com/news/exceptional-results-up-to-5-42-g-t-au-256-g-t-ag-peak-view-33-pages-4-6mb--e84b1f24-3d2c-4620-b90a-a08ba6080e6a#fact-drill-facts-0) Peak View · gold Historical result Needs review: historical\_restatement #### Identity - Project: Peak View - Commodity: gold - Region: australia\_nsw - Reported Region: New South Wales - Ticker: 10X #### Geometry - Grade: 5.42 - Grade Unit: g/t #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-01-21T00:00:00.000Z Reasoning: This is an exceptional historical gold grade, but lacks modern verification and specific interval context. - Positive factor: High historical grade - Negative factor: Historical data with inconsistent QA/QC - Negative factor: No specific interval details Evidence · text > 5.42 g/t Au #### 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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **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: "o High-grade Big Badja Silver Mine o Northern strike extension of Big Badja Silver Mine \(Pb-Zn soil anomaly\) o 10km of h" ### Fact 2 [Link to this fact](https://atlas-staging.minestarters.com/news/exceptional-results-up-to-5-42-g-t-au-256-g-t-ag-peak-view-33-pages-4-6mb--e84b1f24-3d2c-4620-b90a-a08ba6080e6a#fact-drill-facts-1) Peak View · silver Historical result Needs review: ungrounded #### Identity - Project: Peak View - Commodity: silver - Region: australia\_nsw - Reported Region: New South Wales - Ticker: 10X #### Geometry - Grade: 256 - Grade Unit: g/t #### Review - Needs Review: Yes - Review Reason: ungrounded - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-01-21T00:00:00.000Z Reasoning: This is an exceptional historical silver grade, significantly above the 75th percentile for similar deposit types, but lacks modern verification and specific interval context. - Positive factor: High historical grade - Negative factor: Historical data with inconsistent QA/QC - Negative factor: No specific interval details Evidence · text > 256 g/t Ag #### 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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **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: "o High-grade Big Badja Silver Mine o Northern strike extension of Big Badja Silver Mine \(Pb-Zn soil anomaly\) o 10km of h" ## 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.