FG1: 30 June 2026 Annual Report
Original announcement by asx on
- Company
- Flynn Gold Limited
- Ticker
- FG1
- Exchange
- ASX
- Region
- Tasmania
- Primary commodity
- Gold
- Secondary commodities
- Tungsten, Silver, Lead, Zinc, Cobalt, Copper
- Document categories
- Drill results, Metallurgy, Other
- Extracted
- 2026-09-24 09:11:46 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Flynn Gold Limited's annual report details significant operational advancements across its Tasmanian projects, including positive metallurgical testwork results for the Golden Ridge gold project, achieving 94.5% average gold extraction from bottle roll leach tests. The company also reported successful exploration drilling at the Grenadier and Double Event gold prospects, as well as high-grade polymetallic intercepts at Firetower and silver-lead-zinc results at Henty. A strategic Ore Purchase Agreement was signed with Henty Gold Mine, providing a potential low-capital processing solution for future gold production.
Reasoning: The annual report highlights significant operational progress across Flynn Gold's key Tasmanian projects, including encouraging metallurgical testwork results for Golden Ridge, successful exploration drilling at multiple gold prospects, and high-grade polymetallic intercepts at Firetower and Henty. The Ore Purchase Agreement provides a potential low-capital pathway to production.
Positive factors
- Positive metallurgical testwork results for Golden Ridge gold project, showing high average recovery.
- Successful exploration drilling at Grenadier and Double Event prospects, intersecting high-grade gold mineralization.
- Significant polymetallic intercepts at Firetower, extending mineralization at depth.
- High-grade silver-lead-zinc intercepts at Henty Silver King Trend.
- Strategic Ore Purchase Agreement signed with Henty Gold Mine for processing gold-bearing ore.
Negative factors
- Metallurgical testwork is preliminary (bottle roll leach) and further optimization is planned.
- Metal equivalent grades reported for Henty without disclosing underlying assumptions.
- Historical re-sampling results at Firetower, not new drilling.
Low confidence — this extraction should be reviewed alongside the original source.
Facts used in scoring: 32
Classification and evidence
High Recoverypositive
Recovery at or above the exceptional band for the commodity and processing route.
Why it applies: The metallurgical testwork achieved an average cyanide gold extraction of 94.5%, which is above the exceptional band for gold processing.
Evidence · text
“The testwork achieved average cyanide gold extraction of 94.5%”
Bench Scale Onlynegative
Only preliminary bench tests completed — no locked-cycle or pilot work.
Why it applies: The metallurgical testwork was conducted using bottle roll leach tests, which are considered bench-scale tests.
Evidence · text
“average cyanide gold extraction of 94.5% from bottle roll leach tests”
Multi-Domain Testedpositive
Variability across ore domains (oxide, transition, fresh) has been addressed.
Why it applies: The samples for metallurgical testwork were predominantly sourced from the oxide and transition domains, indicating variability testing.
Evidence · text
“The latest samples were predominantly sourced from the oxide and transition domains”
Apparent Width Onlynegative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Why it applies: Drill intercepts are given as downhole lengths without true width or drill orientation information.
Evidence · text
“1.4m @ 5.2g/t Au from 26.0m”
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: Diamond drilling at Firetower was conducted to test down-dip extensions to high-grade polymetallic mineralization.
Evidence · text
“Flynn commenced a diamond drilling program to test down-dip extensions to high-grade polymetallic mineralisation”
Metal Equivalent Opaquenegative
Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.
Why it applies: Silver equivalent grades are reported for Henty intercepts without disclosing the price, recovery, or payability assumptions used in the calculation.
Evidence · text
“1.0m @ 1,349.9g/t AgEq from 101.0”
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: Trenching and channel sampling at Brilliant Prospect were undertaken towards resource definition, which is a form of infill work.
Evidence · text
“During the second half of FY2026, Flynn continued to advance the Brilliant prospect towards resource definition. Trenching and channel sampling were undertaken”
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: The Firetower historical core re-sampling results are from previously drilled holes (GP90-101, 2019FTD011, 2019FTD012) and are being re-reported.
Evidence · text
“Historical Core Re-Sampling. The Company’s re-sampling program targeted historical core from holes that had either not been assayed for tungsten and cobalt or had not been assayed using the lithium borate fusion followed by a total digest suitable for scheelite and other tungsten minerals for accurately determining tungsten grades in mineralised zones.”
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: the document describes a flotation route ("concentrate")
Single Domain Onlynegative
Testing limited to one composite or domain — representativeness not established.
Why it applies: only one composite was tested
Extracted facts
Stored fact records: 32. Some facts used in scoring do not have a stored record.
Drill Results (31)
GNDD006Golden Ridge · goldGrade: 5.2Grade Unit: g/tIntercept: 1.4 mView all detailsHide details
Identity
- Hole ID
- GNDD006
- Project
- Golden Ridge
- Commodity
- gold
- Region
- australia_tas
- Reported Region
- australia_tas
- Ticker
- FG1
Geometry
- Grade
- 5.2
- Grade Unit
- g/t
- Intercept
- 1.4 m
- From
- 26 m
- To
- 27.4 m
- Intercept Depth
- 26 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- GNDD006:26-27.4
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This intercept represents a high-grade gold result from a maiden drilling program, confirming mineralization at the Grenadier Prospect.
Positive factors
- High-grade gold intercept (5.2 g/t Au) from a maiden drilling program.
- Confirms gold mineralization at the Grenadier Prospect.
Negative factors
- Relatively narrow intercept length (1.4m).
Evidence · text
“GNDD006 1.4m @ 5.2g/t Au from 26.0m”
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
GNDD001Golden Ridge · goldGrade: 1.4Grade Unit: g/tIntercept: 1.1 mView all detailsHide details
Identity
- Hole ID
- GNDD001
- Project
- Golden Ridge
- Commodity
- gold
- Region
- australia_tas
- Reported Region
- australia_tas
- Ticker
- FG1
Geometry
- Grade
- 1.4
- Grade Unit
- g/t
- Intercept
- 1.1 m
- From
- 163.1 m
- To
- 164.2 m
- Intercept Depth
- 163.1 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- GNDD001:163.1-164.2
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This intercept confirms gold mineralization at the Grenadier Prospect, though at a moderate grade and narrow width.
Positive factors
- Confirms gold mineralization at the Grenadier Prospect.
Negative factors
- Moderate grade and narrow intercept length.
Evidence · text
“GNDD001 1.1m @ 1.4g/t Au from 163.1m”
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
GNDD007Golden Ridge · goldGrade: 1.2Grade Unit: g/tIntercept: 1.9 mView all detailsHide details
Identity
- Hole ID
- GNDD007
- Project
- Golden Ridge
- Commodity
- gold
- Region
- australia_tas
- Reported Region
- australia_tas
- Ticker
- FG1
Geometry
- Grade
- 1.2
- Grade Unit
- g/t
- Intercept
- 1.9 m
- From
- 60.6 m
- To
- 62.5 m
- Intercept Depth
- 60.6 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- GNDD007:60.6-62.5
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This intercept confirms gold mineralization at the Grenadier Prospect, though at a moderate grade and narrow width.
Positive factors
- Confirms gold mineralization at the Grenadier Prospect.
Negative factors
- Moderate grade and narrow intercept length.
Evidence · text
“GNDD007 1.9m @ 1.2g/t Au from 60.6m”
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
EVDD006Golden Ridge · goldGrade: 6.3Grade Unit: g/tIntercept: 2.5 mView all detailsHide details
Identity
- Hole ID
- EVDD006
- Project
- Golden Ridge
- Commodity
- gold
- Region
- australia_tas
- Reported Region
- australia_tas
- Ticker
- FG1
Geometry
- Grade
- 6.3
- Grade Unit
- g/t
- Intercept
- 2.5 m
- From
- 37.3 m
- To
- 39.8 m
- Intercept Depth
- 37.3 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- EVDD006:37.3-39.8
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This high-grade gold intercept from a maiden drilling program confirms significant mineralization at the Double Event Prospect.
Positive factors
- High-grade gold intercept (6.3 g/t Au) from a maiden drilling program.
- Confirms high-grade gold mineralization at Double Event Prospect.
Negative factors
- Relatively narrow intercept length (2.5m).
Evidence · text
“EVDD006 2.5m @ 6.3g/t Au from 37.3m”
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
EVDD006Golden Ridge · goldGrade: 22.2Grade Unit: g/tIntercept: 0.3 mView all detailsHide details
Identity
- Hole ID
- EVDD006
- Project
- Golden Ridge
- Commodity
- gold
- Region
- australia_tas
- Reported Region
- australia_tas
- Ticker
- FG1
Geometry
- Grade
- 22.2
- Grade Unit
- g/t
- Intercept
- 0.3 m
Classification
- Program
- exploration
- Sample Type
- drill
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This bonanza-grade gold sub-interval highlights the presence of very high-grade zones within the Double Event Prospect.
Positive factors
- Bonanza grade gold intercept (22.2 g/t Au) within a broader interval.
- Indicates very high-grade zones within the mineralization.
Negative factors
- Very narrow intercept length (0.3m).
Evidence · text
“0.3m @ 22.2g/t Au”
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
EVDD001Golden Ridge · goldGrade: 2.7Grade Unit: g/tIntercept: 1.1 mView all detailsHide details
Identity
- Hole ID
- EVDD001
- Project
- Golden Ridge
- Commodity
- gold
- Region
- australia_tas
- Reported Region
- australia_tas
- Ticker
- FG1
Geometry
- Grade
- 2.7
- Grade Unit
- g/t
- Intercept
- 1.1 m
- From
- 32.79 m
- To
- 33.89 m
- Intercept Depth
- 32.79 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- EVDD001:32.79-33.89
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This intercept confirms gold mineralization at the Double Event Prospect, though at a moderate grade and narrow width.
Positive factors
- Confirms gold mineralization at the Double Event Prospect.
Negative factors
- Moderate grade and narrow intercept length.
Evidence · text
“EVDD001 1.1m @ 2.7g/t Au from 32.79m”
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
EVDD002Golden Ridge · goldGrade: 7Grade Unit: g/tIntercept: 0.4 mView all detailsHide details
Identity
- Hole ID
- EVDD002
- Project
- Golden Ridge
- Commodity
- gold
- Region
- australia_tas
- Reported Region
- australia_tas
- Ticker
- FG1
Geometry
- Grade
- 7
- Grade Unit
- g/t
- Intercept
- 0.4 m
- From
- 53.7 m
- To
- 54.1 m
- Intercept Depth
- 53.7 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- EVDD002:53.7-54.1
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This high-grade gold intercept, though very narrow, confirms mineralization at the Double Event Prospect.
Positive factors
- High-grade gold intercept (7.0 g/t Au).
Negative factors
- Very narrow intercept length (0.4m).
Evidence · text
“EVDD002 0.4m @ 7.0g/t Au from 53.7m”
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
EVDD003Golden Ridge · goldGrade: 1.9Grade Unit: g/tIntercept: 1.8 mView all detailsHide details
Identity
- Hole ID
- EVDD003
- Project
- Golden Ridge
- Commodity
- gold
- Region
- australia_tas
- Reported Region
- australia_tas
- Ticker
- FG1
Geometry
- Grade
- 1.9
- Grade Unit
- g/t
- Intercept
- 1.8 m
- From
- 43.2 m
- To
- 45 m
- Intercept Depth
- 43.2 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- EVDD003:43.2-45
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This intercept confirms gold mineralization at the Double Event Prospect, though at a moderate grade and narrow width.
Positive factors
- Confirms gold mineralization at the Double Event Prospect.
Negative factors
- Moderate grade and narrow intercept length.
Evidence · text
“EVDD003 1.8m @ 1.9g/t Au from 43.2m”
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
BTR01AGolden Ridge · goldGrade: 0.6Grade Unit: g/tIntercept: 20 mView all detailsHide details
Identity
- Hole ID
- BTR01A
- Project
- Golden Ridge
- Commodity
- gold
- Region
- australia_tas
- Reported Region
- Tasmania
- Ticker
- FG1
Geometry
- Grade
- 0.6
- Grade Unit
- g/t
- Intercept
- 20 m
Classification
- Program
- resource
- Sample Type
- channel
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This broad channel sample interval with an economic gold grade contributes positively to resource definition efforts at the Brilliant Prospect.
Positive factors
- Broad channel sample interval (20m) with economic gold grade.
- Supports resource definition efforts at Brilliant Prospect.
Evidence · text
“BTR01A 20m @ 0.60g/t Au”
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
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
BTR01BGolden Ridge · goldGrade: 0.34Grade Unit: g/tIntercept: 28 mView all detailsHide details
Identity
- Hole ID
- BTR01B
- Project
- Golden Ridge
- Commodity
- gold
- Region
- australia_tas
- Reported Region
- Tasmania
- Ticker
- FG1
Geometry
- Grade
- 0.34
- Grade Unit
- g/t
- Intercept
- 28 m
Classification
- Program
- resource
- Sample Type
- channel
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This broad channel sample interval with gold mineralization supports resource definition efforts at the Brilliant Prospect, though at a lower grade.
Positive factors
- Broad channel sample interval (28m) with gold mineralization.
- Supports resource definition efforts at Brilliant Prospect.
Negative factors
- Lower gold grade (0.34 g/t Au).
Evidence · text
“BTR01B 28m @ 0.34g/t Au”
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
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
BTR02Golden Ridge · goldGrade: 0.56Grade Unit: g/tIntercept: 33 mView all detailsHide details
Identity
- Hole ID
- BTR02
- Project
- Golden Ridge
- Commodity
- gold
- Region
- australia_tas
- Reported Region
- Tasmania
- Ticker
- FG1
Geometry
- Grade
- 0.56
- Grade Unit
- g/t
- Intercept
- 33 m
Classification
- Program
- resource
- Sample Type
- channel
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This broad channel sample interval with an economic gold grade contributes positively to resource definition efforts at the Brilliant Prospect.
Positive factors
- Broad channel sample interval (33m) with economic gold grade.
- Supports resource definition efforts at Brilliant Prospect.
Evidence · text
“BTR02 33m @ 0.56g/t Au”
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
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
BTR04Golden Ridge · goldGrade: 0.37Grade Unit: g/tIntercept: 32 mView all detailsHide details
Identity
- Hole ID
- BTR04
- Project
- Golden Ridge
- Commodity
- gold
- Region
- australia_tas
- Reported Region
- Tasmania
- Ticker
- FG1
Geometry
- Grade
- 0.37
- Grade Unit
- g/t
- Intercept
- 32 m
Classification
- Program
- resource
- Sample Type
- channel
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This broad channel sample interval with gold mineralization supports resource definition efforts at the Brilliant Prospect, though at a lower grade.
Positive factors
- Broad channel sample interval (32m) with gold mineralization.
- Supports resource definition efforts at Brilliant Prospect.
Negative factors
- Lower gold grade (0.37 g/t Au).
Evidence · text
“BTR04 32m @ 0.37g/t Au”
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
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
GP90-101Firetower · goldGrade: 4.1Grade Unit: g/tIntercept: 17 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- GP90-101
- Project
- Firetower
- Commodity
- gold
- Region
- australia_tas
- Reported Region
- australia_tas
- Ticker
- FG1
Geometry
- Grade
- 4.1
- Grade Unit
- g/t
- Intercept
- 17 m
Classification
- Program
- exploration
- Sample Type
- drill
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This historical high-grade gold intercept from re-sampling reinforces the polymetallic potential of the Firetower system.
Positive factors
- High-grade gold intercept from historical core re-sampling.
- Reinforces polymetallic potential of the Firetower system.
Negative factors
- Results are from historical core re-sampling, not new drilling.
Evidence · text
“GP90-101 17m @ 4.1g/t Au”
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
GP90-101Firetower · tungstenGrade: 0.21Grade Unit: %Intercept: 17 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- GP90-101
- Project
- Firetower
- Commodity
- tungsten
- Region
- australia_tas
- Reported Region
- australia_tas
- Ticker
- FG1
Geometry
- Grade
- 0.21
- Grade Unit
- %
- Intercept
- 17 m
Classification
- Program
- exploration
- Sample Type
- drill
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This historical tungsten intercept from re-sampling reinforces the polymetallic potential of the Firetower system.
Positive factors
- Significant tungsten intercept from historical core re-sampling.
- Reinforces polymetallic potential of the Firetower system.
Negative factors
- Results are from historical core re-sampling, not new drilling.
Evidence · text
“0.21% WO₃”
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
GP90-101Firetower · cobaltGrade: 0.08Grade Unit: %Intercept: 17 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- GP90-101
- Project
- Firetower
- Commodity
- cobalt
- Region
- australia_tas
- Reported Region
- australia_tas
- Ticker
- FG1
Geometry
- Grade
- 0.08
- Grade Unit
- %
- Intercept
- 17 m
Classification
- Program
- exploration
- Sample Type
- drill
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This historical cobalt intercept from re-sampling indicates the polymetallic nature of the Firetower system.
Positive factors
- Cobalt intercept from historical core re-sampling, indicating polymetallic nature.
Negative factors
- Results are from historical core re-sampling, not new drilling.
Evidence · text
“0.08% Co”
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
2019FTD011Firetower · goldGrade: 2.64Grade Unit: g/tIntercept: 10 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- 2019FTD011
- Project
- Firetower
- Commodity
- gold
- Region
- australia_tas
- Reported Region
- australia_tas
- Ticker
- FG1
Geometry
- Grade
- 2.64
- Grade Unit
- g/t
- Intercept
- 10 m
Classification
- Program
- exploration
- Sample Type
- drill
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This historical gold intercept from re-sampling provides further data on the Firetower system.
Positive factors
- Good gold intercept from historical core re-sampling.
Negative factors
- Results are from historical core re-sampling, not new drilling.
Evidence · text
“2019FTD011 10m @ 2.64g/t Au”
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
2019FTD011Firetower · tungstenGrade: 0.19Grade Unit: %Intercept: 10 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- 2019FTD011
- Project
- Firetower
- Commodity
- tungsten
- Region
- australia_tas
- Reported Region
- australia_tas
- Ticker
- FG1
Geometry
- Grade
- 0.19
- Grade Unit
- %
- Intercept
- 10 m
Classification
- Program
- exploration
- Sample Type
- drill
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This historical tungsten intercept from re-sampling provides further data on the Firetower system.
Positive factors
- Tungsten intercept from historical core re-sampling.
Negative factors
- Results are from historical core re-sampling, not new drilling.
Evidence · text
“0.19% WO₃”
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
2019FTD012Firetower · goldGrade: 1.65Grade Unit: g/tIntercept: 17 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- 2019FTD012
- Project
- Firetower
- Commodity
- gold
- Region
- australia_tas
- Reported Region
- australia_tas
- Ticker
- FG1
Geometry
- Grade
- 1.65
- Grade Unit
- g/t
- Intercept
- 17 m
Classification
- Program
- exploration
- Sample Type
- drill
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This historical gold intercept from re-sampling provides further data on the Firetower system.
Positive factors
- Gold intercept from historical core re-sampling.
Negative factors
- Results are from historical core re-sampling, not new drilling.
Evidence · text
“2019FTD012 17m @ 1.65g/t Au”
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
2019FTD012Firetower · tungstenGrade: 0.17Grade Unit: %Intercept: 17 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- 2019FTD012
- Project
- Firetower
- Commodity
- tungsten
- Region
- australia_tas
- Reported Region
- australia_tas
- Ticker
- FG1
Geometry
- Grade
- 0.17
- Grade Unit
- %
- Intercept
- 17 m
Classification
- Program
- exploration
- Sample Type
- drill
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This historical tungsten intercept from re-sampling provides further data on the Firetower system.
Positive factors
- Tungsten intercept from historical core re-sampling.
Negative factors
- Results are from historical core re-sampling, not new drilling.
Evidence · text
“0.17% WO₃”
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
2019FTD014EFiretower · goldGrade: 2.49Grade Unit: g/tIntercept: 9.64 mView all detailsHide details
Identity
- Hole ID
- 2019FTD014E
- Project
- Firetower
- Commodity
- gold
- Region
- australia_tas
- Reported Region
- australia_tas
- Ticker
- FG1
Geometry
- Grade
- 2.49
- Grade Unit
- g/t
- Intercept
- 9.64 m
Classification
- Program
- exploration
- Sample Type
- drill
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This new gold intercept from diamond drilling extends the polymetallic mineralization at Firetower to depth, indicating continuity.
Positive factors
- Good gold intercept from new drilling, extending mineralization at depth.
- Reinforces polymetallic nature of the Firetower system.
Evidence · text
“2019FTD014E 9.64m @ 2.49g/t Au”
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
2019FTD014EFiretower · tungstenGrade: 0.29Grade Unit: %Intercept: 9.64 mView all detailsHide details
Identity
- Hole ID
- 2019FTD014E
- Project
- Firetower
- Commodity
- tungsten
- Region
- australia_tas
- Reported Region
- australia_tas
- Ticker
- FG1
Geometry
- Grade
- 0.29
- Grade Unit
- %
- Intercept
- 9.64 m
Classification
- Program
- exploration
- Sample Type
- drill
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This new tungsten intercept from diamond drilling extends the polymetallic mineralization at Firetower to depth, indicating continuity.
Positive factors
- Significant tungsten intercept from new drilling, extending mineralization at depth.
- Reinforces polymetallic nature of the Firetower system.
Evidence · text
“0.29% WO₃”
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
2019FTD014EFiretower · cobaltGrade: 0.05Grade Unit: %Intercept: 9.64 mView all detailsHide details
Identity
- Hole ID
- 2019FTD014E
- Project
- Firetower
- Commodity
- cobalt
- Region
- australia_tas
- Reported Region
- australia_tas
- Ticker
- FG1
Geometry
- Grade
- 0.05
- Grade Unit
- %
- Intercept
- 9.64 m
Classification
- Program
- exploration
- Sample Type
- drill
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This new cobalt intercept from diamond drilling indicates the polymetallic nature of the Firetower system and its extension at depth.
Positive factors
- Cobalt intercept from new drilling, indicating polymetallic nature and extension at depth.
Evidence · text
“0.05% Co”
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
2019FTD014EFiretower · goldGrade: 4.3Grade Unit: g/tIntercept: 3.77 mView all detailsHide details
Identity
- Hole ID
- 2019FTD014E
- Project
- Firetower
- Commodity
- gold
- Region
- australia_tas
- Reported Region
- australia_tas
- Ticker
- FG1
Geometry
- Grade
- 4.3
- Grade Unit
- g/t
- Intercept
- 3.77 m
Classification
- Program
- exploration
- Sample Type
- drill
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This high-grade gold sub-interval highlights the presence of richer zones within the Firetower mineralization.
Positive factors
- High-grade gold sub-interval within a broader intercept, indicating higher-grade zones.
Evidence · text
“including 3.77m @ 4.30g/t Au”
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
2019FTD014EFiretower · tungstenGrade: 0.3Grade Unit: %Intercept: 3.77 mView all detailsHide details
Identity
- Hole ID
- 2019FTD014E
- Project
- Firetower
- Commodity
- tungsten
- Region
- australia_tas
- Reported Region
- australia_tas
- Ticker
- FG1
Geometry
- Grade
- 0.3
- Grade Unit
- %
- Intercept
- 3.77 m
Classification
- Program
- exploration
- Sample Type
- drill
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This tungsten sub-interval indicates significant tungsten grades within the Firetower mineralization.
Positive factors
- Significant tungsten sub-interval within a broader intercept.
Evidence · text
“0.30% WO₃”
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
2019FTD014EFiretower · cobaltGrade: 0.06Grade Unit: %Intercept: 3.77 mView all detailsHide details
Identity
- Hole ID
- 2019FTD014E
- Project
- Firetower
- Commodity
- cobalt
- Region
- australia_tas
- Reported Region
- australia_tas
- Ticker
- FG1
Geometry
- Grade
- 0.06
- Grade Unit
- %
- Intercept
- 3.77 m
Classification
- Program
- exploration
- Sample Type
- drill
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This cobalt sub-interval reinforces the polymetallic nature of the Firetower mineralization.
Positive factors
- Cobalt sub-interval within a broader intercept, reinforcing polymetallic nature.
Evidence · text
“0.06% Co”
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
2019FTD014EFiretower · goldGrade: 4.62Grade Unit: g/tIntercept: 1.47 mView all detailsHide details
Identity
- Hole ID
- 2019FTD014E
- Project
- Firetower
- Commodity
- gold
- Region
- australia_tas
- Reported Region
- australia_tas
- Ticker
- FG1
Geometry
- Grade
- 4.62
- Grade Unit
- g/t
- Intercept
- 1.47 m
Classification
- Program
- exploration
- Sample Type
- drill
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This high-grade gold sub-interval indicates the presence of very rich zones within the Firetower mineralization.
Positive factors
- High-grade gold sub-interval, indicating very rich zones.
Evidence · text
“including 1.47m @ 4.62g/t Au”
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
2019FTD014EFiretower · tungstenGrade: 1.1Grade Unit: %Intercept: 1.47 mView all detailsHide details
Identity
- Hole ID
- 2019FTD014E
- Project
- Firetower
- Commodity
- tungsten
- Region
- australia_tas
- Reported Region
- australia_tas
- Ticker
- FG1
Geometry
- Grade
- 1.1
- Grade Unit
- %
- Intercept
- 1.47 m
Classification
- Program
- exploration
- Sample Type
- drill
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This very high-grade tungsten sub-interval highlights significant tungsten potential within the Firetower mineralization.
Positive factors
- Very high-grade tungsten sub-interval, indicating significant tungsten potential.
Evidence · text
“1.10% WO₃”
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
2019FTD014EFiretower · cobaltGrade: 0.08Grade Unit: %Intercept: 1.47 mView all detailsHide details
Identity
- Hole ID
- 2019FTD014E
- Project
- Firetower
- Commodity
- cobalt
- Region
- australia_tas
- Reported Region
- australia_tas
- Ticker
- FG1
Geometry
- Grade
- 0.08
- Grade Unit
- %
- Intercept
- 1.47 m
Classification
- Program
- exploration
- Sample Type
- drill
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This cobalt sub-interval reinforces the polymetallic nature of the Firetower mineralization and indicates higher-grade zones.
Positive factors
- Cobalt sub-interval, reinforcing polymetallic nature and indicating higher-grade zones.
Evidence · text
“0.08% Co”
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
SKDD001Henty South · silverIntercept: 1 mView all detailsHide details
Identity
- Hole ID
- SKDD001
- Project
- Henty South
- Commodity
- silver
- Region
- australia_tas
- Reported Region
- australia_tas
- Ticker
- FG1
Geometry
- Intercept
- 1 m
- From
- 101 m
- To
- 102 m
- Intercept Depth
- 101 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- SKDD001:101-102
Metal Equivalent
- Metal Eq. Grade
- 1349.9
- Metal Eq. Unit
- g/t AgEq
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This very high-grade silver equivalent intercept from the first modern drilling at Henty's Silver King Trend is a significant positive, though the lack of metal equivalent assumptions reduces confidence.
Positive factors
- Very high-grade silver equivalent intercept from the first modern drilling program.
Negative factors
- Metal equivalent assumptions not disclosed, limiting full economic assessment.
- Narrow intercept length (1.0m).
Evidence · text
“SKDD001 1.0m @ 1,349.9g/t AgEq from 101.0”
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
Metal Equivalent Opaquenegative
Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.
Why it applies: an equivalent grade is reported without its assumptions
SKDD003Henty South · silverIntercept: 0.75 mView all detailsHide details
Identity
- Hole ID
- SKDD003
- Project
- Henty South
- Commodity
- silver
- Region
- australia_tas
- Reported Region
- australia_tas
- Ticker
- FG1
Geometry
- Intercept
- 0.75 m
- From
- 102.8 m
- To
- 103.55 m
- Intercept Depth
- 102.8 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- SKDD003:102.8-103.55
Metal Equivalent
- Metal Eq. Grade
- 797.6
- Metal Eq. Unit
- g/t AgEq
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This high-grade silver equivalent intercept from the first modern drilling at Henty's Silver King Trend is positive, but the lack of metal equivalent assumptions reduces confidence.
Positive factors
- High-grade silver equivalent intercept from the first modern drilling program.
Negative factors
- Metal equivalent assumptions not disclosed, limiting full economic assessment.
- Narrow intercept length (0.75m).
Evidence · text
“SKDD003 0.75m @ 797.6g/t AgEq from 102.8”
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
Metal Equivalent Opaquenegative
Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.
Why it applies: an equivalent grade is reported without its assumptions
SKDD005Henty South · silverIntercept: 0.24 mView all detailsHide details
Identity
- Hole ID
- SKDD005
- Project
- Henty South
- Commodity
- silver
- Region
- australia_tas
- Reported Region
- australia_tas
- Ticker
- FG1
Geometry
- Intercept
- 0.24 m
- From
- 123.9 m
- To
- 124.14 m
- Intercept Depth
- 123.9 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- SKDD005:123.9-124.14
Metal Equivalent
- Metal Eq. Grade
- 609.9
- Metal Eq. Unit
- g/t AgEq
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This high-grade silver equivalent intercept from the first modern drilling at Henty's Silver King Trend is positive, but the lack of metal equivalent assumptions and very narrow width reduce confidence.
Positive factors
- High-grade silver equivalent intercept from the first modern drilling program.
Negative factors
- Metal equivalent assumptions not disclosed, limiting full economic assessment.
- Very narrow intercept length (0.24m).
Evidence · text
“SKDD005 0.24m @ 609.9g/t AgEq from 123.9”
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
Metal Equivalent Opaquenegative
Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.
Why it applies: an equivalent grade is reported without its assumptions
Metallurgical Results (1)
bottle roll leachGolden Ridge · goldRecovery: 94.5 %View all detailsHide details
Identity
- Project
- Golden Ridge
- Commodity
- gold
- Region
- australia_tas
- Reported Region
- Tasmania
- Ticker
- FG1
Test Work
- Program Status
- preliminary
- Test Type
- bottle roll leach
- Processing Route
- cyanide leach
- Sample
- 35 low to medium-grade samples from the Golden Ridge Project, predominantly sourced from the oxide and transition domains, ranging from 0.1g/t to 4.5g/t gold
Recovery
- Recovery
- 94.5 %
- Recovery Basis
- actual_test
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: The metallurgical testwork achieved a high average gold recovery of 94.5% from bottle roll leach tests, covering key ore domains, which is a strong positive indicator for the project's processing potential.
Positive factors
- High recovery percentage for gold, indicating good leachability.
- Testwork covers oxide and transition domains, addressing variability.
- Supports potential for bulk-mining and low-capital development.
Negative factors
- Testwork is preliminary (bottle roll leach), requiring further optimization.
Evidence · text
“The testwork achieved average cyanide gold extraction of 94.5% from bottle roll leach tests, which returned average extraction of 94.5%. The latest samples were predominantly sourced from the oxide and transition domains used to estimate the 2024 Trafalgar Exploration Target, providing a strong indication of the leachability of the broader mineralisation and supporting the potential for bulk-mining and low-capital development.”
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.