# FG1: 30 June 2026 Annual Report

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/fg1-30-june-2026-annual-report--77bbfd78-da1d-4bbd-908c-52e143f9e5ef

Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03143623

Publisher: asx

Original announcement: 2026-09-24T08:53:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-09-24T09:11:46.119Z

Atlas analysis updated: 2026-09-24T09:11:46.119Z

- 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

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas 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 factor: Positive metallurgical testwork results for Golden Ridge gold project, showing high average recovery.

- Positive factor: Successful exploration drilling at Grenadier and Double Event prospects, intersecting high-grade gold mineralization.

- Positive factor: Significant polymetallic intercepts at Firetower, extending mineralization at depth.

- Positive factor: High-grade silver-lead-zinc intercepts at Henty Silver King Trend.

- Positive factor: Strategic Ore Purchase Agreement signed with Henty Gold Mine for processing gold-bearing ore.

- Negative factor: Metallurgical testwork is preliminary \(bottle roll leach\) and further optimization is planned.

- Negative factor: Metal equivalent grades reported for Henty without disclosing underlying assumptions.

- Negative factor: 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 Recovery**

Polarity: positive

Definition: 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 Only**

Polarity: negative

Definition: 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 Tested**

Polarity: positive

Definition: 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 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: 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 Extension**

Polarity: positive

Definition: 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 Opaque**

Polarity: negative

Definition: 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 Drilling**

Polarity: neutral

Definition: 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-release**

Polarity: negative

Definition: 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 Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: the document describes a flotation route \("concentrate"\)

**Single Domain Only**

Polarity: negative

Definition: 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)

### GNDD006

[Link to this fact](https://atlas-staging.minestarters.com/news/fg1-30-june-2026-annual-report--77bbfd78-da1d-4bbd-908c-52e143f9e5ef#fact-drill-facts-1)

Golden Ridge · gold

#### 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 factor: High-grade gold intercept \(5.2 g/t Au\) from a maiden drilling program.

- Positive factor: Confirms gold mineralization at the Grenadier Prospect.

- Negative factor: 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 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

### GNDD001

[Link to this fact](https://atlas-staging.minestarters.com/news/fg1-30-june-2026-annual-report--77bbfd78-da1d-4bbd-908c-52e143f9e5ef#fact-drill-facts-2)

Golden Ridge · gold

#### 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 factor: Confirms gold mineralization at the Grenadier Prospect.

- Negative factor: 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 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

### GNDD007

[Link to this fact](https://atlas-staging.minestarters.com/news/fg1-30-june-2026-annual-report--77bbfd78-da1d-4bbd-908c-52e143f9e5ef#fact-drill-facts-3)

Golden Ridge · gold

#### 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 factor: Confirms gold mineralization at the Grenadier Prospect.

- Negative factor: 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 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

### EVDD006

[Link to this fact](https://atlas-staging.minestarters.com/news/fg1-30-june-2026-annual-report--77bbfd78-da1d-4bbd-908c-52e143f9e5ef#fact-drill-facts-4)

Golden Ridge · gold

#### 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 factor: High-grade gold intercept \(6.3 g/t Au\) from a maiden drilling program.

- Positive factor: Confirms high-grade gold mineralization at Double Event Prospect.

- Negative factor: 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 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

### EVDD006

[Link to this fact](https://atlas-staging.minestarters.com/news/fg1-30-june-2026-annual-report--77bbfd78-da1d-4bbd-908c-52e143f9e5ef#fact-drill-facts-5)

Golden Ridge · gold

#### 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 factor: Bonanza grade gold intercept \(22.2 g/t Au\) within a broader interval.

- Positive factor: Indicates very high-grade zones within the mineralization.

- Negative factor: Very narrow intercept length \(0.3m\).

Evidence · text

> 0.3m @ 22.2g/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

### EVDD001

[Link to this fact](https://atlas-staging.minestarters.com/news/fg1-30-june-2026-annual-report--77bbfd78-da1d-4bbd-908c-52e143f9e5ef#fact-drill-facts-6)

Golden Ridge · gold

#### 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 factor: Confirms gold mineralization at the Double Event Prospect.

- Negative factor: 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 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

### EVDD002

[Link to this fact](https://atlas-staging.minestarters.com/news/fg1-30-june-2026-annual-report--77bbfd78-da1d-4bbd-908c-52e143f9e5ef#fact-drill-facts-7)

Golden Ridge · gold

#### 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 factor: High-grade gold intercept \(7.0 g/t Au\).

- Negative factor: 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 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

### EVDD003

[Link to this fact](https://atlas-staging.minestarters.com/news/fg1-30-june-2026-annual-report--77bbfd78-da1d-4bbd-908c-52e143f9e5ef#fact-drill-facts-8)

Golden Ridge · gold

#### 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 factor: Confirms gold mineralization at the Double Event Prospect.

- Negative factor: 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 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

### BTR01A

[Link to this fact](https://atlas-staging.minestarters.com/news/fg1-30-june-2026-annual-report--77bbfd78-da1d-4bbd-908c-52e143f9e5ef#fact-drill-facts-9)

Golden Ridge · gold

#### 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 factor: Broad channel sample interval \(20m\) with economic gold grade.

- Positive factor: Supports resource definition efforts at Brilliant Prospect.

Evidence · text

> BTR01A 20m @ 0.60g/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

**Infill Drilling**

Polarity: neutral

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

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

### BTR01B

[Link to this fact](https://atlas-staging.minestarters.com/news/fg1-30-june-2026-annual-report--77bbfd78-da1d-4bbd-908c-52e143f9e5ef#fact-drill-facts-10)

Golden Ridge · gold

#### 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 factor: Broad channel sample interval \(28m\) with gold mineralization.

- Positive factor: Supports resource definition efforts at Brilliant Prospect.

- Negative factor: Lower gold grade \(0.34 g/t Au\).

Evidence · text

> BTR01B 28m @ 0.34g/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

**Infill Drilling**

Polarity: neutral

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

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

### BTR02

[Link to this fact](https://atlas-staging.minestarters.com/news/fg1-30-june-2026-annual-report--77bbfd78-da1d-4bbd-908c-52e143f9e5ef#fact-drill-facts-11)

Golden Ridge · gold

#### 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 factor: Broad channel sample interval \(33m\) with economic gold grade.

- Positive factor: Supports resource definition efforts at Brilliant Prospect.

Evidence · text

> BTR02 33m @ 0.56g/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

**Infill Drilling**

Polarity: neutral

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

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

### BTR04

[Link to this fact](https://atlas-staging.minestarters.com/news/fg1-30-june-2026-annual-report--77bbfd78-da1d-4bbd-908c-52e143f9e5ef#fact-drill-facts-12)

Golden Ridge · gold

#### 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 factor: Broad channel sample interval \(32m\) with gold mineralization.

- Positive factor: Supports resource definition efforts at Brilliant Prospect.

- Negative factor: Lower gold grade \(0.37 g/t Au\).

Evidence · text

> BTR04 32m @ 0.37g/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

**Infill Drilling**

Polarity: neutral

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

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

### GP90-101

[Link to this fact](https://atlas-staging.minestarters.com/news/fg1-30-june-2026-annual-report--77bbfd78-da1d-4bbd-908c-52e143f9e5ef#fact-drill-facts-13)

Firetower · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: High-grade gold intercept from historical core re-sampling.

- Positive factor: Reinforces polymetallic potential of the Firetower system.

- Negative factor: 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 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

### GP90-101

[Link to this fact](https://atlas-staging.minestarters.com/news/fg1-30-june-2026-annual-report--77bbfd78-da1d-4bbd-908c-52e143f9e5ef#fact-drill-facts-14)

Firetower · tungsten

Historical result

Needs review: historical\_restatement

#### 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 factor: Significant tungsten intercept from historical core re-sampling.

- Positive factor: Reinforces polymetallic potential of the Firetower system.

- Negative factor: Results are from historical core re-sampling, not new drilling.

Evidence · text

> 0.21% WO₃

#### 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

### GP90-101

[Link to this fact](https://atlas-staging.minestarters.com/news/fg1-30-june-2026-annual-report--77bbfd78-da1d-4bbd-908c-52e143f9e5ef#fact-drill-facts-15)

Firetower · cobalt

Historical result

Needs review: historical\_restatement

#### 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 factor: Cobalt intercept from historical core re-sampling, indicating polymetallic nature.

- Negative factor: Results are from historical core re-sampling, not new drilling.

Evidence · text

> 0.08% Co

#### 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

### 2019FTD011

[Link to this fact](https://atlas-staging.minestarters.com/news/fg1-30-june-2026-annual-report--77bbfd78-da1d-4bbd-908c-52e143f9e5ef#fact-drill-facts-16)

Firetower · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: Good gold intercept from historical core re-sampling.

- Negative factor: 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 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

### 2019FTD011

[Link to this fact](https://atlas-staging.minestarters.com/news/fg1-30-june-2026-annual-report--77bbfd78-da1d-4bbd-908c-52e143f9e5ef#fact-drill-facts-17)

Firetower · tungsten

Historical result

Needs review: historical\_restatement

#### 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 factor: Tungsten intercept from historical core re-sampling.

- Negative factor: Results are from historical core re-sampling, not new drilling.

Evidence · text

> 0.19% WO₃

#### 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

### 2019FTD012

[Link to this fact](https://atlas-staging.minestarters.com/news/fg1-30-june-2026-annual-report--77bbfd78-da1d-4bbd-908c-52e143f9e5ef#fact-drill-facts-18)

Firetower · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: Gold intercept from historical core re-sampling.

- Negative factor: 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 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

### 2019FTD012

[Link to this fact](https://atlas-staging.minestarters.com/news/fg1-30-june-2026-annual-report--77bbfd78-da1d-4bbd-908c-52e143f9e5ef#fact-drill-facts-19)

Firetower · tungsten

Historical result

Needs review: historical\_restatement

#### 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 factor: Tungsten intercept from historical core re-sampling.

- Negative factor: Results are from historical core re-sampling, not new drilling.

Evidence · text

> 0.17% WO₃

#### 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

### 2019FTD014E

[Link to this fact](https://atlas-staging.minestarters.com/news/fg1-30-june-2026-annual-report--77bbfd78-da1d-4bbd-908c-52e143f9e5ef#fact-drill-facts-20)

Firetower · gold

#### 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 factor: Good gold intercept from new drilling, extending mineralization at depth.

- Positive factor: Reinforces polymetallic nature of the Firetower system.

Evidence · text

> 2019FTD014E 9.64m @ 2.49g/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

### 2019FTD014E

[Link to this fact](https://atlas-staging.minestarters.com/news/fg1-30-june-2026-annual-report--77bbfd78-da1d-4bbd-908c-52e143f9e5ef#fact-drill-facts-21)

Firetower · tungsten

#### 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 factor: Significant tungsten intercept from new drilling, extending mineralization at depth.

- Positive factor: Reinforces polymetallic nature of the Firetower system.

Evidence · text

> 0.29% WO₃

#### 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

### 2019FTD014E

[Link to this fact](https://atlas-staging.minestarters.com/news/fg1-30-june-2026-annual-report--77bbfd78-da1d-4bbd-908c-52e143f9e5ef#fact-drill-facts-22)

Firetower · cobalt

#### 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 factor: Cobalt intercept from new drilling, indicating polymetallic nature and extension at depth.

Evidence · text

> 0.05% Co

#### 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

### 2019FTD014E

[Link to this fact](https://atlas-staging.minestarters.com/news/fg1-30-june-2026-annual-report--77bbfd78-da1d-4bbd-908c-52e143f9e5ef#fact-drill-facts-23)

Firetower · gold

#### 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 factor: 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 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

### 2019FTD014E

[Link to this fact](https://atlas-staging.minestarters.com/news/fg1-30-june-2026-annual-report--77bbfd78-da1d-4bbd-908c-52e143f9e5ef#fact-drill-facts-24)

Firetower · tungsten

#### 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 factor: Significant tungsten sub-interval within a broader intercept.

Evidence · text

> 0.30% WO₃

#### 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

### 2019FTD014E

[Link to this fact](https://atlas-staging.minestarters.com/news/fg1-30-june-2026-annual-report--77bbfd78-da1d-4bbd-908c-52e143f9e5ef#fact-drill-facts-25)

Firetower · cobalt

#### 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 factor: Cobalt sub-interval within a broader intercept, reinforcing polymetallic nature.

Evidence · text

> 0.06% Co

#### 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

### 2019FTD014E

[Link to this fact](https://atlas-staging.minestarters.com/news/fg1-30-june-2026-annual-report--77bbfd78-da1d-4bbd-908c-52e143f9e5ef#fact-drill-facts-26)

Firetower · gold

#### 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 factor: 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 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

### 2019FTD014E

[Link to this fact](https://atlas-staging.minestarters.com/news/fg1-30-june-2026-annual-report--77bbfd78-da1d-4bbd-908c-52e143f9e5ef#fact-drill-facts-27)

Firetower · tungsten

#### 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 factor: Very high-grade tungsten sub-interval, indicating significant tungsten potential.

Evidence · text

> 1.10% WO₃

#### 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

### 2019FTD014E

[Link to this fact](https://atlas-staging.minestarters.com/news/fg1-30-june-2026-annual-report--77bbfd78-da1d-4bbd-908c-52e143f9e5ef#fact-drill-facts-28)

Firetower · cobalt

#### 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 factor: Cobalt sub-interval, reinforcing polymetallic nature and indicating higher-grade zones.

Evidence · text

> 0.08% Co

#### 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

### SKDD001

[Link to this fact](https://atlas-staging.minestarters.com/news/fg1-30-june-2026-annual-report--77bbfd78-da1d-4bbd-908c-52e143f9e5ef#fact-drill-facts-29)

Henty South · silver

#### 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 factor: Very high-grade silver equivalent intercept from the first modern drilling program.

- Negative factor: Metal equivalent assumptions not disclosed, limiting full economic assessment.

- Negative factor: 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 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

**Metal Equivalent Opaque**

Polarity: negative

Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.

Why it applies: an equivalent grade is reported without its assumptions

### SKDD003

[Link to this fact](https://atlas-staging.minestarters.com/news/fg1-30-june-2026-annual-report--77bbfd78-da1d-4bbd-908c-52e143f9e5ef#fact-drill-facts-30)

Henty South · silver

#### 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 factor: High-grade silver equivalent intercept from the first modern drilling program.

- Negative factor: Metal equivalent assumptions not disclosed, limiting full economic assessment.

- Negative factor: Narrow intercept length \(0.75m\).

Evidence · text

> SKDD003 0.75m @ 797.6g/t AgEq from 102.8

#### 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

**Metal Equivalent Opaque**

Polarity: negative

Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.

Why it applies: an equivalent grade is reported without its assumptions

### SKDD005

[Link to this fact](https://atlas-staging.minestarters.com/news/fg1-30-june-2026-annual-report--77bbfd78-da1d-4bbd-908c-52e143f9e5ef#fact-drill-facts-31)

Henty South · silver

#### 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 factor: High-grade silver equivalent intercept from the first modern drilling program.

- Negative factor: Metal equivalent assumptions not disclosed, limiting full economic assessment.

- Negative factor: 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 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

**Metal Equivalent Opaque**

Polarity: negative

Definition: 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 leach

[Link to this fact](https://atlas-staging.minestarters.com/news/fg1-30-june-2026-annual-report--77bbfd78-da1d-4bbd-908c-52e143f9e5ef#fact-metallurgical-facts-0)

Golden Ridge · gold

#### 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 factor: High recovery percentage for gold, indicating good leachability.

- Positive factor: Testwork covers oxide and transition domains, addressing variability.

- Positive factor: Supports potential for bulk-mining and low-capital development.

- Negative factor: 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.