# GA8: GoldArc Completes Niagara Acquisition

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/ga8-goldarc-completes-niagara-acquisition--49519f87-9ebb-4cfa-bc47-46311e6971a7

Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03154333

Publisher: asx

Original announcement: 2026-10-19T21:21:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-19T22:38:39.041Z

Atlas analysis updated: 2026-10-19T22:38:39.041Z

- Company: GoldArc Resources

- Ticker: GA8

- Exchange: ASX

- Region: Western Australia

- Primary commodity: Gold

- Secondary commodities: None reported

- Document categories: Agreement transaction, Drill results, Resource update

- Extracted: 2026-10-19 22:38:39 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

GoldArc Resources has completed the acquisition of the Niagara West and Niagara North prospects from Regener8 Resources NL, consolidating its landholding in the Leonora South Corridor of Western Australia. The acquisition, which involved an upfront share issue and contingent payments tied to future resource definition, adds prospective ground with historical high-grade gold drill results and drill-ready targets. GoldArc plans to integrate the new tenements into its geological model and commence exploration activities.

Reasoning: GoldArc Resources has completed a strategic acquisition of prospective ground in the Leonora South Corridor, a known gold region. The deal structure, with contingent payments tied to resource definition, is favorable, and the acquired tenements include historical high-grade drill results and drill-ready targets, enhancing the company's exploration pipeline.

- Positive factor: Acquisition of Niagara West and Niagara North prospects completed

- Positive factor: Consolidates Leonora South Corridor in a Tier-1 gold province

- Positive factor: Adds prospective ground with historical high-grade gold drill results

- Positive factor: Contingent consideration tied to future resource definition \(100,000oz and 250,000oz at >1.5 g/t Au\) de-risks the acquisition

- Positive factor: Identified drill-ready targets at Niagara West and greenfields upside at Niagara North

- Negative factor: Historical drill results are not independently validated by GoldArc

- Negative factor: True widths of historical intercepts have not been determined

- Negative factor: Niagara North is early-stage with no bedrock drilling to date

Facts used in scoring: 18

## Classification and evidence

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: The document explicitly states 'True widths have not been determined' for the historical drill results, indicating that only downhole lengths are reported.

Evidence · text

> True widths have not been determined.

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: The release includes QA/QC disclosure, mentioning JORC Code 2012 compliance, a Competent Person sign-off, and stated methods like standards, duplicates, and blanks.

Evidence · text

> The exploration results have been reported, by Regener8 Resources, in accordance with the JORC Code 2012. A Competent Person has done sufficient work to disclose the exploration results in accordance with the JORC Code 2012. ... RC and AC sample submission included reference standards every 20 samples, duplicates every 25 samples, and blanks every 80 samples.

**Compositing Transparent**

Polarity: positive

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

Why it applies: The document states that intercepts are 'calculated at a 0.5 g/t Au lower cut-off with up to 1m of internal dilution', clearly defining the compositing rules.

Evidence · text

> All intercepts are downhole widths, calculated at a 0.5 g/t Au lower cut-off with up to 1m of internal dilution.

**Apparent Width Only**

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: The document explicitly states 'All intercepts are downhole widths... True widths have not been determined,' indicating that only apparent widths are reported.

Evidence · text

> All intercepts are downhole widths... True widths have not been determined.

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: The document highlights 'High-grade results from several programs between 1987 and 2014' and 'A 2023 RC program conducted by R8R' as historical results, indicating re-announcement of prior data.

Evidence · text

> High-grade results from several programs between 1987 and 2014 highlight the ground’s prospectivity with standout intercepts including1: ... A 2023 RC program conducted by R8R returned high-grade results and multiple open-ended intersections including1:

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: The cut-off grade for reporting intercepts is clearly stated as '0.5 g/t Au lower cut-off'.

Evidence · text

> calculated at a 0.5 g/t Au lower cut-off

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: The resource table includes 'Inferred' categories for Mt Stirling, Stirling Well, Orion, and Sapphire deposits.

Evidence · table

> Inferred

Context: 2,158,000

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: The resource estimates are explicitly stated as 'JORC Mineral Resources' and the exploration results are reported 'in accordance with the JORC Code 2012'.

Evidence · text

> GoldArc Resources Total JORC Mineral Resources

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: Mr. Ziggy Lubieniecki is named as a Competent Person responsible for the exploration results and the company confirms that the Competent Person's findings for the Mineral Resources are presented.

Evidence · text

> Mr. Ziggy Lubieniecki, who is a director, employee and shareholder of the Company. Mr. Lubieniecki has sufficient experience... to qualify as a Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'.

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: The resource table includes an 'Indicated' category for the Leonora North – Mt Stirling deposit.

Evidence · table

> Indicated

Context: 391,000

## Extracted facts

Stored fact records: 18. Some facts used in scoring do not have a stored record.

## Drill Results (13)

### RC38

[Link to this fact](https://atlas-staging.minestarters.com/news/ga8-goldarc-completes-niagara-acquisition--49519f87-9ebb-4cfa-bc47-46311e6971a7#fact-drill-facts-0)

Niagara West · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: RC38
- Project: Niagara West
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: GA8

#### Geometry

- Grade: 70.52
- Grade Unit: g/t
- Intercept: 2 m
- From: 7 m
- To: 9 m
- Intercept Depth: 7 m

#### Classification

- Deposit Type: orogenic
- Sample Type: drill
- Group ID: RC38:7-9
- Mining Method: underground

#### QA/QC

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

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-10-19T00:00:00.000Z

Reasoning: This is a high-grade historical intercept from the newly acquired ground, highlighting its prospectivity, though it is not new data and true width is unknown.

- Positive factor: High-grade intercept \(70.52 g/t Au over 2m\)

- Positive factor: Bonanza Intercept

- Negative factor: Historical result \(1987-2014\)

- Negative factor: Apparent Width Only \(true width not determined\)

Evidence · text

> 2 m at 70.52 g/t Au from 7 m \(RC38\)

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

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

Why it applies: cutoff\_grade and internal dilution are both 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

### RC315

[Link to this fact](https://atlas-staging.minestarters.com/news/ga8-goldarc-completes-niagara-acquisition--49519f87-9ebb-4cfa-bc47-46311e6971a7#fact-drill-facts-1)

Niagara West · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: RC315
- Project: Niagara West
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: GA8

#### Geometry

- Grade: 15.37
- Grade Unit: g/t
- Intercept: 2 m
- From: 10 m
- To: 12 m
- Intercept Depth: 10 m

#### Classification

- Deposit Type: orogenic
- Sample Type: drill
- Group ID: RC315:10-12
- Mining Method: underground

#### QA/QC

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

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-10-19T00:00:00.000Z

Reasoning: This is a high-grade historical intercept from the newly acquired ground, indicating prospectivity, though it is not new data and true width is unknown.

- Positive factor: High-grade intercept \(15.37 g/t Au over 2m\)

- Negative factor: Historical result \(1987-2014\)

- Negative factor: Apparent Width Only \(true width not determined\)

Evidence · text

> 2 m at 15.37 g/t Au from 10 m \(RC315\)

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

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

Why it applies: cutoff\_grade and internal dilution are both 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

### RC391

[Link to this fact](https://atlas-staging.minestarters.com/news/ga8-goldarc-completes-niagara-acquisition--49519f87-9ebb-4cfa-bc47-46311e6971a7#fact-drill-facts-2)

Niagara West · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: RC391
- Project: Niagara West
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: GA8

#### Geometry

- Grade: 11.32
- Grade Unit: g/t
- Intercept: 2 m
- From: 22 m
- To: 24 m
- Intercept Depth: 22 m

#### Classification

- Deposit Type: orogenic
- Sample Type: drill
- Group ID: RC391:22-24
- Mining Method: underground

#### QA/QC

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

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-10-19T00:00:00.000Z

Reasoning: This is a high-grade historical intercept from the newly acquired ground, indicating prospectivity, though it is not new data and true width is unknown.

- Positive factor: High-grade intercept \(11.32 g/t Au over 2m\)

- Negative factor: Historical result \(1987-2014\)

- Negative factor: Apparent Width Only \(true width not determined\)

Evidence · text

> 2m @ 11.32g/t Au from 22m incl. 1m @ 19.30g/t Au from 23m \(RC391\)

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

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

Why it applies: cutoff\_grade and internal dilution are both 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

### RC391

[Link to this fact](https://atlas-staging.minestarters.com/news/ga8-goldarc-completes-niagara-acquisition--49519f87-9ebb-4cfa-bc47-46311e6971a7#fact-drill-facts-3)

Niagara West · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: RC391
- Project: Niagara West
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: GA8

#### Geometry

- Grade: 19.3
- Grade Unit: g/t
- Intercept: 1 m
- From: 23 m
- To: 24 m
- Intercept Depth: 23 m

#### Classification

- Deposit Type: orogenic
- Sample Type: drill
- Group ID: RC391:23-24
- Mining Method: underground

#### QA/QC

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

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-10-19T00:00:00.000Z

Reasoning: This is a high-grade historical sub-interval from the newly acquired ground, indicating prospectivity, though it is not new data and true width is unknown.

- Positive factor: High-grade intercept \(19.30 g/t Au over 1m\)

- Negative factor: Historical result \(1987-2014\)

- Negative factor: Apparent Width Only \(true width not determined\)

Evidence · text

> 1m @ 19.30g/t Au from 23m \(RC391\)

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

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

Why it applies: cutoff\_grade and internal dilution are both 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

### RC327

[Link to this fact](https://atlas-staging.minestarters.com/news/ga8-goldarc-completes-niagara-acquisition--49519f87-9ebb-4cfa-bc47-46311e6971a7#fact-drill-facts-4)

Niagara West · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: RC327
- Project: Niagara West
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: GA8

#### Geometry

- Grade: 6.21
- Grade Unit: g/t
- Intercept: 4 m
- From: 19 m
- To: 23 m
- Intercept Depth: 19 m

#### Classification

- Deposit Type: orogenic
- Sample Type: drill
- Group ID: RC327:19-23
- Mining Method: underground

#### QA/QC

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

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-10-19T00:00:00.000Z

Reasoning: This is a moderate-grade historical intercept from the newly acquired ground, indicating prospectivity, though it is not new data and true width is unknown.

- Positive factor: Moderate-grade intercept \(6.21 g/t Au over 4m\)

- Negative factor: Historical result \(1987-2014\)

- Negative factor: Apparent Width Only \(true width not determined\)

Evidence · text

> 4m @ 6.21 g/t Au from 19m incl 1m @ 20 g/t Au and 1 m @ 3.50 g/t Au from 22m \(RC327\)

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

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

Why it applies: cutoff\_grade and internal dilution are both 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

### RC327

[Link to this fact](https://atlas-staging.minestarters.com/news/ga8-goldarc-completes-niagara-acquisition--49519f87-9ebb-4cfa-bc47-46311e6971a7#fact-drill-facts-5)

Niagara West · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: RC327
- Project: Niagara West
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: GA8

#### Geometry

- Grade: 20
- Grade Unit: g/t
- Intercept: 1 m
- From: 20 m
- To: 21 m
- Intercept Depth: 20 m

#### Classification

- Deposit Type: orogenic
- Sample Type: drill
- Group ID: RC327:20-21
- Mining Method: underground

#### QA/QC

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

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-10-19T00:00:00.000Z

Reasoning: This is a high-grade historical sub-interval from the newly acquired ground, indicating prospectivity, though it is not new data and true width is unknown.

- Positive factor: High-grade intercept \(20 g/t Au over 1m\)

- Negative factor: Historical result \(1987-2014\)

- Negative factor: Apparent Width Only \(true width not determined\)

Evidence · text

> 1m @ 20 g/t Au

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

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

Why it applies: cutoff\_grade and internal dilution are both 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

### RC327

[Link to this fact](https://atlas-staging.minestarters.com/news/ga8-goldarc-completes-niagara-acquisition--49519f87-9ebb-4cfa-bc47-46311e6971a7#fact-drill-facts-6)

Niagara West · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: RC327
- Project: Niagara West
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: GA8

#### Geometry

- Grade: 3.5
- Grade Unit: g/t
- Intercept: 1 m
- From: 22 m
- To: 23 m
- Intercept Depth: 22 m

#### Classification

- Deposit Type: orogenic
- Sample Type: drill
- Group ID: RC327:22-23
- Mining Method: underground

#### QA/QC

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

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-10-19T00:00:00.000Z

Reasoning: This is a moderate-grade historical sub-interval from the newly acquired ground, indicating prospectivity, though it is not new data and true width is unknown.

- Positive factor: Moderate-grade intercept \(3.50 g/t Au over 1m\)

- Negative factor: Historical result \(1987-2014\)

- Negative factor: Apparent Width Only \(true width not determined\)

Evidence · text

> 1 m @ 3.50 g/t Au from 22m \(RC327\)

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

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

Why it applies: cutoff\_grade and internal dilution are both 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

### NGRC017

[Link to this fact](https://atlas-staging.minestarters.com/news/ga8-goldarc-completes-niagara-acquisition--49519f87-9ebb-4cfa-bc47-46311e6971a7#fact-drill-facts-7)

Niagara West · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: NGRC017
- Project: Niagara West
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: GA8

#### Geometry

- Grade: 3.18
- Grade Unit: g/t
- Intercept: 5 m
- From: 29 m
- To: 34 m
- Intercept Depth: 29 m

#### Classification

- Deposit Type: orogenic
- Sample Type: drill
- Group ID: NGRC017:29-34
- Mining Method: underground

#### QA/QC

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

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2023-06-13T00:00:00.000Z

#### Dates

- Event date: 2026-10-19T00:00:00.000Z

Reasoning: This is a moderate-grade historical intercept from the newly acquired ground, indicating prospectivity, though it is not new data and true width is unknown.

- Positive factor: Moderate-grade intercept \(3.18 g/t Au over 5m\)

- Negative factor: Historical result \(2023 RC program by R8R\)

- Negative factor: Apparent Width Only \(true width not determined\)

Evidence · text

> 5m @ 3.18g/t from 29m, including 1m @ 13.05g/t Au from 30m \(NGRC017\)

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

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

Why it applies: cutoff\_grade and internal dilution are both 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

### NGRC017

[Link to this fact](https://atlas-staging.minestarters.com/news/ga8-goldarc-completes-niagara-acquisition--49519f87-9ebb-4cfa-bc47-46311e6971a7#fact-drill-facts-8)

Niagara West · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: NGRC017
- Project: Niagara West
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: GA8

#### Geometry

- Grade: 13.05
- Grade Unit: g/t
- Intercept: 1 m
- From: 30 m
- To: 31 m
- Intercept Depth: 30 m

#### Classification

- Deposit Type: orogenic
- Sample Type: drill
- Group ID: NGRC017:30-31
- Mining Method: underground

#### QA/QC

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

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2023-06-13T00:00:00.000Z

#### Dates

- Event date: 2026-10-19T00:00:00.000Z

Reasoning: This is a high-grade historical sub-interval from the newly acquired ground, indicating prospectivity, though it is not new data and true width is unknown.

- Positive factor: High-grade intercept \(13.05 g/t Au over 1m\)

- Negative factor: Historical result \(2023 RC program by R8R\)

- Negative factor: Apparent Width Only \(true width not determined\)

Evidence · text

> 1m @ 13.05g/t Au from 30m \(NGRC017\)

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

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

Why it applies: cutoff\_grade and internal dilution are both 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

### NGRC018

[Link to this fact](https://atlas-staging.minestarters.com/news/ga8-goldarc-completes-niagara-acquisition--49519f87-9ebb-4cfa-bc47-46311e6971a7#fact-drill-facts-9)

Niagara West · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: NGRC018
- Project: Niagara West
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: GA8

#### Geometry

- Grade: 4.49
- Grade Unit: g/t
- Intercept: 2 m
- From: 39 m
- To: 41 m
- Intercept Depth: 39 m

#### Classification

- Deposit Type: orogenic
- Sample Type: drill
- Group ID: NGRC018:39-41
- Mining Method: underground

#### QA/QC

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

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2023-06-13T00:00:00.000Z

#### Dates

- Event date: 2026-10-19T00:00:00.000Z

Reasoning: This is a moderate-grade historical intercept from the newly acquired ground, indicating prospectivity, though it is not new data and true width is unknown.

- Positive factor: Moderate-grade intercept \(4.49 g/t Au over 2m\)

- Negative factor: Historical result \(2023 RC program by R8R\)

- Negative factor: Apparent Width Only \(true width not determined\)

Evidence · text

> 2m @ 4.49 g/t Au from 39m incl. 1m @ 8.42 g/t Au from 40m \(NGRC018\)

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

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

Why it applies: cutoff\_grade and internal dilution are both 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

### NGRC018

[Link to this fact](https://atlas-staging.minestarters.com/news/ga8-goldarc-completes-niagara-acquisition--49519f87-9ebb-4cfa-bc47-46311e6971a7#fact-drill-facts-10)

Niagara West · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: NGRC018
- Project: Niagara West
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: GA8

#### Geometry

- Grade: 8.42
- Grade Unit: g/t
- Intercept: 1 m
- From: 40 m
- To: 41 m
- Intercept Depth: 40 m

#### Classification

- Deposit Type: orogenic
- Sample Type: drill
- Group ID: NGRC018:40-41
- Mining Method: underground

#### QA/QC

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

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2023-06-13T00:00:00.000Z

#### Dates

- Event date: 2026-10-19T00:00:00.000Z

Reasoning: This is a high-grade historical sub-interval from the newly acquired ground, indicating prospectivity, though it is not new data and true width is unknown.

- Positive factor: High-grade intercept \(8.42 g/t Au over 1m\)

- Negative factor: Historical result \(2023 RC program by R8R\)

- Negative factor: Apparent Width Only \(true width not determined\)

Evidence · text

> 1m @ 8.42 g/t Au from 40m \(NGRC018\)

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

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

Why it applies: cutoff\_grade and internal dilution are both 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

### NGRC037

[Link to this fact](https://atlas-staging.minestarters.com/news/ga8-goldarc-completes-niagara-acquisition--49519f87-9ebb-4cfa-bc47-46311e6971a7#fact-drill-facts-11)

Niagara West · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: NGRC037
- Project: Niagara West
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: GA8

#### Geometry

- Grade: 7.77
- Grade Unit: g/t
- Intercept: 2 m
- From: 45 m
- To: 47 m
- Intercept Depth: 45 m

#### Classification

- Deposit Type: orogenic
- Sample Type: drill
- Group ID: NGRC037:45-47
- Mining Method: underground

#### QA/QC

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

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2023-06-13T00:00:00.000Z

#### Dates

- Event date: 2026-10-19T00:00:00.000Z

Reasoning: This is a high-grade historical intercept from the newly acquired ground, indicating prospectivity, though it is not new data and true width is unknown.

- Positive factor: High-grade intercept \(7.77 g/t Au over 2m\)

- Negative factor: Historical result \(2023 RC program by R8R\)

- Negative factor: Apparent Width Only \(true width not determined\)

Evidence · text

> 2 m @ 7.77 g/t Au from 45 m incl. 1m @ 14.8 g/t Au from 45 m \(NGRC037\)

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

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

Why it applies: cutoff\_grade and internal dilution are both 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

### NGRC037

[Link to this fact](https://atlas-staging.minestarters.com/news/ga8-goldarc-completes-niagara-acquisition--49519f87-9ebb-4cfa-bc47-46311e6971a7#fact-drill-facts-12)

Niagara West · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: NGRC037
- Project: Niagara West
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: GA8

#### Geometry

- Grade: 14.8
- Grade Unit: g/t
- Intercept: 1 m
- From: 45 m
- To: 46 m
- Intercept Depth: 45 m

#### Classification

- Deposit Type: orogenic
- Sample Type: drill
- Group ID: NGRC037:45-46
- Mining Method: underground

#### QA/QC

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

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2023-06-13T00:00:00.000Z

#### Dates

- Event date: 2026-10-19T00:00:00.000Z

Reasoning: This is a high-grade historical sub-interval from the newly acquired ground, indicating prospectivity, though it is not new data and true width is unknown.

- Positive factor: High-grade intercept \(14.8 g/t Au over 1m\)

- Negative factor: Historical result \(2023 RC program by R8R\)

- Negative factor: Apparent Width Only \(true width not determined\)

Evidence · text

> 1m @ 14.8 g/t Au from 45 m \(NGRC037\)

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

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

Why it applies: cutoff\_grade and internal dilution are both 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

## Resource Estimates (5)

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/ga8-goldarc-completes-niagara-acquisition--49519f87-9ebb-4cfa-bc47-46311e6971a7#fact-resource-facts-13)

Leonora North – Mt Stirling · gold

#### Identity

- Project: Leonora North – Mt Stirling
- Commodity: gold
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: GA8

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mr. Ziggy Lubieniecki
- Resource group id: resource:1e5850e74e0165140021

#### Resource Data

- Category: indicated
- Tonnes: 391000
- Grade: 2.1
- Grade Unit: g/t
- Contained Metal: 26000
- Contained Unit: oz

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-19T00:00:00.000Z

Reasoning: This is a previously reported Indicated Mineral Resource, providing context for the company's existing assets, but it is not new information.

- Positive factor: Indicated Resource

- Positive factor: JORC Compliant

- Positive factor: QP/CP Signed

- Negative factor: Stale Estimate \(effective date not provided, but prior announcements are 2019, 2020, 2022\)

Evidence · table

> 2.1

Context: 391,000

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/ga8-goldarc-completes-niagara-acquisition--49519f87-9ebb-4cfa-bc47-46311e6971a7#fact-resource-facts-14)

Leonora North – Mt Stirling · gold

#### Identity

- Project: Leonora North – Mt Stirling
- Commodity: gold
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: GA8

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mr. Ziggy Lubieniecki
- Resource group id: resource:a6fdc03997c2d8d96507

#### Resource Data

- Category: inferred
- Tonnes: 2158000
- Grade: 1.6
- Grade Unit: g/t
- Contained Metal: 111000
- Contained Unit: oz

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-19T00:00:00.000Z

Reasoning: This is a previously reported Inferred Mineral Resource, providing context for the company's existing assets, but it is not new information and is a lower confidence category.

- Positive factor: JORC Compliant

- Positive factor: QP/CP Signed

- Negative factor: Inferred Resource

- Negative factor: Stale Estimate \(effective date not provided, but prior announcements are 2019, 2020, 2022\)

Evidence · table

> 1.6

Context: 2,158,000

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/ga8-goldarc-completes-niagara-acquisition--49519f87-9ebb-4cfa-bc47-46311e6971a7#fact-resource-facts-15)

Leonora North – Stirling Well · gold

#### Identity

- Project: Leonora North – Stirling Well
- Commodity: gold
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: GA8

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mr. Ziggy Lubieniecki
- Resource group id: resource:18abf630af5fb17750c3

#### Resource Data

- Category: inferred
- Tonnes: 198000
- Grade: 2.3
- Grade Unit: g/t
- Contained Metal: 15000
- Contained Unit: oz

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-19T00:00:00.000Z

Reasoning: This is a previously reported Inferred Mineral Resource, providing context for the company's existing assets, but it is not new information and is a lower confidence category.

- Positive factor: JORC Compliant

- Positive factor: QP/CP Signed

- Negative factor: Inferred Resource

- Negative factor: Stale Estimate \(effective date not provided\)

Evidence · table

> 2.3

Context: 198,000

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/ga8-goldarc-completes-niagara-acquisition--49519f87-9ebb-4cfa-bc47-46311e6971a7#fact-resource-facts-16)

Leonora South - Orion · gold

#### Identity

- Project: Leonora South - Orion
- Commodity: gold
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: GA8

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mr. Ziggy Lubieniecki
- Resource group id: resource:b4c7633049deb77347ac

#### Resource Data

- Category: inferred
- Tonnes: 370000
- Grade: 2.2
- Grade Unit: g/t
- Contained Metal: 26409
- Contained Unit: oz

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-19T00:00:00.000Z

Reasoning: This is a previously reported Inferred Mineral Resource, providing context for the company's existing assets, but it is not new information and is a lower confidence category.

- Positive factor: JORC Compliant

- Positive factor: QP/CP Signed

- Negative factor: Inferred Resource

- Negative factor: Stale Estimate \(effective date not provided, but prior announcement is 2024\)

Evidence · table

> 2.2

Context: 370,000

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/ga8-goldarc-completes-niagara-acquisition--49519f87-9ebb-4cfa-bc47-46311e6971a7#fact-resource-facts-17)

Leonora South - Sapphire · gold

#### Identity

- Project: Leonora South - Sapphire
- Commodity: gold
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: GA8

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mr. Ziggy Lubieniecki
- Resource group id: resource:885078b9f9a334b4eb10

#### Resource Data

- Category: inferred
- Tonnes: 320000
- Grade: 2.1
- Grade Unit: g/t
- Contained Metal: 21605
- Contained Unit: oz

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-19T00:00:00.000Z

Reasoning: This is a previously reported Inferred Mineral Resource, providing context for the company's existing assets, but it is not new information and is a lower confidence category.

- Positive factor: JORC Compliant

- Positive factor: QP/CP Signed

- Negative factor: Inferred Resource

- Negative factor: Stale Estimate \(effective date not provided, but prior announcement is 2024\)

Evidence · table

> 2.1

Context: 320,000

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

## 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.