GES: Annual Report to shareholders
Original announcement by asx on
- Company
- Genesis Resources Limited
- Ticker
- GES
- Exchange
- ASX
- Region
- Northern Territory, Queensland, North Macedonia
- Primary commodity
- Gold
- Secondary commodities
- Copper, Silver, Manganese, Iron ore, Pge, Arsenic, Bismuth, Cobalt, Molybdenum, Neodymium, Lead, Praseodymium, Antimony, Zinc
- Document categories
- Drill results, Agreement transaction, Other
- Extracted
- 2026-09-23 08:15:47 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Genesis Resources Limited reported a net loss of $2.69 million and net liabilities of $414,082 for the financial year ended June 30, 2026, with auditors highlighting a material uncertainty regarding the company's ability to continue as a going concern. Despite financial challenges, the company continued exploration activities, with encouraging high-grade gold rock chip samples up to 28.8 g/t Au at Arltunga, Northern Territory, but disappointing narrow drill intercepts at both Arltunga and Alice Springs projects.
Reasoning: Genesis Resources Limited reported a significant financial loss and net liabilities, with a material uncertainty regarding its ability to continue as a going concern. Exploration activities yielded mixed results, including encouraging high-grade gold rock chip samples at Arltunga but disappointing narrow drill intercepts at both Arltunga and Alice Springs.
Positive factors
- high_grade_rock_chips
- continued_exploration
Negative factors
- going_concern_risk
- significant_financial_loss
- net_liabilities
- disappointing_drill_results
- narrow_intercepts
Low confidence — this extraction should be reviewed alongside the original source.
Facts used in scoring: 20
Classification and evidence
Apparent Width Onlynegative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Why it applies: Drill intercepts are given as downhole lengths (e.g., '3m @ 1.75 g/t Au') without true width or drill orientation information.
Evidence · text
“3m @ 1.75 g/t Au from 22m in hole ARRC010”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: The release states that samples were sent to Intertek Adelaide for analysis, indicating QA/QC procedures.
Evidence · text
“samples were sent to Intertek Adelaide for analysis.”
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: Rock chip samples from Arltunga and Alice Springs reported grades for arsenic, bismuth, cobalt, lead, antimony, and zinc, which can be deleterious elements.
Evidence · table
“Au ppm Ag ppm As ppm Bi ppm Co ppm Cu ppm Nd ppm Pb ppm Pr ppm Sb ppm Zn ppm Area”
Cut-off Disclosedpositive · Story-specific tag
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: The cut-off grade for drill results at Arltunga is explicitly stated as '0.3ppm Au'.
Evidence · text
“Cut-Off Grade is 0.3ppm Au”
Extracted facts
Stored fact records: 20. Some facts used in scoring do not have a stored record.
Drill Results (20)
ARRC010Arltunga · goldGrade: 1.75Grade Unit: g/tIntercept: 3 mView all detailsHide details
Identity
- Hole ID
- ARRC010
- Project
- Arltunga
- Commodity
- gold
- Region
- australia_nt
- Reported Region
- australia_nt
- Ticker
- GES
Geometry
- Grade
- 1.75
- Grade Unit
- g/t
- Intercept
- 3 m
- From
- 22 m
- To
- 25 m
- Intercept Depth
- 22 m
Classification
- Sample Type
- drill
- Group ID
- ARRC010:22-25
QA/QC
- Laboratory
- Intertek Adelaide
Deleterious
- Deleterious Flag
- No
Compositing
- Cutoff Grade
- 0.3
- Cutoff Unit
- ppm Au
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: Narrow gold intercept with a grade significantly below the project's historical average, indicating limited success for this hole.
Negative factors
- narrow_intercept
- below_average_grade
Evidence · table
“1.75”
Context: 3
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
ARRC011Arltunga · goldGrade: 0.41Grade Unit: g/tIntercept: 1 mView all detailsHide details
Identity
- Hole ID
- ARRC011
- Project
- Arltunga
- Commodity
- gold
- Region
- australia_nt
- Reported Region
- australia_nt
- Ticker
- GES
Geometry
- Grade
- 0.41
- Grade Unit
- g/t
- Intercept
- 1 m
- From
- 1 m
- To
- 2 m
- Intercept Depth
- 1 m
Classification
- Sample Type
- drill
- Group ID
- ARRC011:1-2
QA/QC
- Laboratory
- Intertek Adelaide
Deleterious
- Deleterious Flag
- No
Compositing
- Cutoff Grade
- 0.3
- Cutoff Unit
- ppm Au
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: Very narrow gold intercept with a low grade, barely above the cut-off and significantly below the project's historical average.
Negative factors
- narrow_intercept
- low_grade
- below_average_grade
Evidence · table
“0.41”
Context: 1
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
ARRC015Arltunga · goldGrade: 0.31Grade Unit: g/tIntercept: 1 mView all detailsHide details
Identity
- Hole ID
- ARRC015
- Project
- Arltunga
- Commodity
- gold
- Region
- australia_nt
- Reported Region
- australia_nt
- Ticker
- GES
Geometry
- Grade
- 0.31
- Grade Unit
- g/t
- Intercept
- 1 m
- From
- 13 m
- To
- 14 m
- Intercept Depth
- 13 m
Classification
- Sample Type
- drill
- Group ID
- ARRC015:13-14
QA/QC
- Laboratory
- Intertek Adelaide
Deleterious
- Deleterious Flag
- No
Compositing
- Cutoff Grade
- 0.3
- Cutoff Unit
- ppm Au
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: Very narrow gold intercept with a low grade, barely above the cut-off and significantly below the project's historical average.
Negative factors
- narrow_intercept
- low_grade
- below_average_grade
Evidence · table
“0.31”
Context: 1
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
ARRC016Arltunga · goldGrade: 2.25Grade Unit: g/tIntercept: 1 mView all detailsHide details
Identity
- Hole ID
- ARRC016
- Project
- Arltunga
- Commodity
- gold
- Region
- australia_nt
- Reported Region
- australia_nt
- Ticker
- GES
Geometry
- Grade
- 2.25
- Grade Unit
- g/t
- Intercept
- 1 m
- From
- 12 m
- To
- 13 m
- Intercept Depth
- 12 m
Classification
- Sample Type
- drill
- Group ID
- ARRC016:12-13
QA/QC
- Laboratory
- Intertek Adelaide
Deleterious
- Deleterious Flag
- No
Compositing
- Cutoff Grade
- 0.3
- Cutoff Unit
- ppm Au
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: Narrow gold intercept with a grade significantly below the project's historical average, indicating limited success for this hole.
Negative factors
- narrow_intercept
- below_average_grade
Evidence · table
“2.25”
Context: 1
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
ARRC016Arltunga · copperGrade: 0.12Grade Unit: %Intercept: 1 mView all detailsHide details
Identity
- Hole ID
- ARRC016
- Project
- Arltunga
- Commodity
- copper
- Region
- australia_nt
- Reported Region
- australia_nt
- Ticker
- GES
Geometry
- Grade
- 0.12
- Grade Unit
- %
- Intercept
- 1 m
- From
- 12 m
- To
- 13 m
- Intercept Depth
- 12 m
Classification
- Sample Type
- drill
- Group ID
- ARRC016:12-13
QA/QC
- Laboratory
- Intertek Adelaide
Deleterious
- Deleterious Flag
- No
Compositing
- Cutoff Grade
- 0.3
- Cutoff Unit
- ppm Au
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: Very narrow copper intercept with a low grade, significantly below the project's historical average.
Negative factors
- narrow_intercept
- low_grade
- below_average_grade
Evidence · table
“0.12”
Context: 1
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Fact 6Alice Springs · goldGrade: 0.026Grade Unit: ppmView all detailsHide details
Identity
- Project
- Alice Springs
- Commodity
- gold
- Region
- australia_nt
- Reported Region
- Northern Territory
- Ticker
- GES
Geometry
- Grade
- 0.026
- Grade Unit
- ppm
Classification
- Sample Type
- surface
Location
- Location
- Diana 2 North
- Easting
- 441947
- Northing
- 7446248
- CRS
- GDA 94 Z53K
- Loc. Confidence
- medium
- Loc. Source
- document
QA/QC
- Laboratory
- Intertek Adelaide
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- silver, bismuth, cobalt, copper, molybdenum, neodymium, lead, praseodymium, antimony, zinc
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: Very low gold grade from a surface rock chip sample.
Negative factors
- low_grade
- surface_sample
Evidence · table
“0.026”
Context: 26062
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
Fact 7Alice Springs · silverGrade: 0.47Grade Unit: ppmView all detailsHide details
Identity
- Project
- Alice Springs
- Commodity
- silver
- Region
- australia_nt
- Reported Region
- Northern Territory
- Ticker
- GES
Geometry
- Grade
- 0.47
- Grade Unit
- ppm
Classification
- Sample Type
- surface
Location
- Location
- Diana 2 North
- Easting
- 441947
- Northing
- 7446248
- CRS
- GDA 94 Z53K
- Loc. Confidence
- medium
- Loc. Source
- document
QA/QC
- Laboratory
- Intertek Adelaide
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- silver, bismuth, cobalt, copper, molybdenum, neodymium, lead, praseodymium, antimony, zinc
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: Low silver grade from a surface rock chip sample.
Negative factors
- low_grade
- surface_sample
Evidence · table
“0.47”
Context: 26062
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
Fact 8Alice Springs · arsenicGrade: 0.001Grade Unit: ppmView all detailsHide details
Identity
- Project
- Alice Springs
- Commodity
- arsenic
- Region
- australia_nt
- Reported Region
- Northern Territory
- Ticker
- GES
Geometry
- Grade
- 0.001
- Grade Unit
- ppm
Classification
- Sample Type
- surface
Location
- Location
- Diana 2 North
- Easting
- 441947
- Northing
- 7446248
- CRS
- GDA 94 Z53K
- Loc. Confidence
- medium
- Loc. Source
- document
QA/QC
- Laboratory
- Intertek Adelaide
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- silver, bismuth, cobalt, copper, molybdenum, neodymium, lead, praseodymium, antimony, zinc
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: Trace presence of arsenic in a surface rock chip sample.
Evidence · table
“0.001”
Context: 26062
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
Fact 9Alice Springs · bismuthGrade: 1.63Grade Unit: ppmView all detailsHide details
Identity
- Project
- Alice Springs
- Commodity
- bismuth
- Region
- australia_nt
- Reported Region
- Northern Territory
- Ticker
- GES
Geometry
- Grade
- 1.63
- Grade Unit
- ppm
Classification
- Sample Type
- surface
Location
- Location
- Diana 2 North
- Easting
- 441947
- Northing
- 7446248
- CRS
- GDA 94 Z53K
- Loc. Confidence
- medium
- Loc. Source
- document
QA/QC
- Laboratory
- Intertek Adelaide
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- silver, bismuth, cobalt, copper, molybdenum, neodymium, lead, praseodymium, antimony, zinc
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: Presence of bismuth in a surface rock chip sample.
Evidence · table
“1.63”
Context: 26062
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
Fact 10Alice Springs · cobaltGrade: 2.4Grade Unit: ppmView all detailsHide details
Identity
- Project
- Alice Springs
- Commodity
- cobalt
- Region
- australia_nt
- Reported Region
- Northern Territory
- Ticker
- GES
Geometry
- Grade
- 2.4
- Grade Unit
- ppm
Classification
- Sample Type
- surface
Location
- Location
- Diana 2 North
- Easting
- 441947
- Northing
- 7446248
- CRS
- GDA 94 Z53K
- Loc. Confidence
- medium
- Loc. Source
- document
QA/QC
- Laboratory
- Intertek Adelaide
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- silver, bismuth, cobalt, copper, molybdenum, neodymium, lead, praseodymium, antimony, zinc
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: Presence of cobalt in a surface rock chip sample.
Evidence · table
“2.4”
Context: 26062
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
Fact 11Alice Springs · copperGrade: 1.2158Grade Unit: %View all detailsHide details
Identity
- Project
- Alice Springs
- Commodity
- copper
- Region
- australia_nt
- Reported Region
- Northern Territory
- Ticker
- GES
Geometry
- Grade
- 1.2158
- Grade Unit
- %
Classification
- Sample Type
- surface
Location
- Location
- Diana 2 North
- Easting
- 441947
- Northing
- 7446248
- CRS
- GDA 94 Z53K
- Loc. Confidence
- medium
- Loc. Source
- document
QA/QC
- Laboratory
- Intertek Adelaide
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- silver, bismuth, cobalt, copper, molybdenum, neodymium, lead, praseodymium, antimony, zinc
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: Significant copper grade from a surface rock chip sample, indicating potential for mineralization.
Positive factors
- high_grade
Negative factors
- surface_sample
Evidence · table
“12158”
Context: 26062
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
Fact 12Alice Springs · neodymiumGrade: 8.13Grade Unit: ppmView all detailsHide details
Identity
- Project
- Alice Springs
- Commodity
- neodymium
- Region
- australia_nt
- Reported Region
- Northern Territory
- Ticker
- GES
Geometry
- Grade
- 8.13
- Grade Unit
- ppm
Classification
- Sample Type
- surface
Location
- Location
- Diana 2 North
- Easting
- 441947
- Northing
- 7446248
- CRS
- GDA 94 Z53K
- Loc. Confidence
- medium
- Loc. Source
- document
QA/QC
- Laboratory
- Intertek Adelaide
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- silver, bismuth, cobalt, copper, molybdenum, neodymium, lead, praseodymium, antimony, zinc
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: Presence of neodymium in a surface rock chip sample.
Evidence · table
“8.13”
Context: 26062
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
Fact 13Alice Springs · leadGrade: 1.1Grade Unit: ppmView all detailsHide details
Identity
- Project
- Alice Springs
- Commodity
- lead
- Region
- australia_nt
- Reported Region
- Northern Territory
- Ticker
- GES
Geometry
- Grade
- 1.1
- Grade Unit
- ppm
Classification
- Sample Type
- surface
Location
- Location
- Diana 2 North
- Easting
- 441947
- Northing
- 7446248
- CRS
- GDA 94 Z53K
- Loc. Confidence
- medium
- Loc. Source
- document
QA/QC
- Laboratory
- Intertek Adelaide
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- silver, bismuth, cobalt, copper, molybdenum, neodymium, lead, praseodymium, antimony, zinc
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: Presence of lead in a surface rock chip sample.
Evidence · table
“1.1”
Context: 26062
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
Fact 14Alice Springs · praseodymiumGrade: 2.46Grade Unit: ppmView all detailsHide details
Identity
- Project
- Alice Springs
- Commodity
- praseodymium
- Region
- australia_nt
- Reported Region
- Northern Territory
- Ticker
- GES
Geometry
- Grade
- 2.46
- Grade Unit
- ppm
Classification
- Sample Type
- surface
Location
- Location
- Diana 2 North
- Easting
- 441947
- Northing
- 7446248
- CRS
- GDA 94 Z53K
- Loc. Confidence
- medium
- Loc. Source
- document
QA/QC
- Laboratory
- Intertek Adelaide
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- silver, bismuth, cobalt, copper, molybdenum, neodymium, lead, praseodymium, antimony, zinc
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: Presence of praseodymium in a surface rock chip sample.
Evidence · table
“2.46”
Context: 26062
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
Fact 15Alice Springs · antimonyGrade: 0.001Grade Unit: ppmView all detailsHide details
Identity
- Project
- Alice Springs
- Commodity
- antimony
- Region
- australia_nt
- Reported Region
- Northern Territory
- Ticker
- GES
Geometry
- Grade
- 0.001
- Grade Unit
- ppm
Classification
- Sample Type
- surface
Location
- Location
- Diana 2 North
- Easting
- 441947
- Northing
- 7446248
- CRS
- GDA 94 Z53K
- Loc. Confidence
- medium
- Loc. Source
- document
QA/QC
- Laboratory
- Intertek Adelaide
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- silver, bismuth, cobalt, copper, molybdenum, neodymium, lead, praseodymium, antimony, zinc
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: Trace presence of antimony in a surface rock chip sample.
Evidence · table
“0.001”
Context: 26062
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
Fact 16Alice Springs · zincGrade: 3Grade Unit: ppmView all detailsHide details
Identity
- Project
- Alice Springs
- Commodity
- zinc
- Region
- australia_nt
- Reported Region
- Northern Territory
- Ticker
- GES
Geometry
- Grade
- 3
- Grade Unit
- ppm
Classification
- Sample Type
- surface
Location
- Location
- Diana 2 North
- Easting
- 441947
- Northing
- 7446248
- CRS
- GDA 94 Z53K
- Loc. Confidence
- medium
- Loc. Source
- document
QA/QC
- Laboratory
- Intertek Adelaide
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- silver, bismuth, cobalt, copper, molybdenum, neodymium, lead, praseodymium, antimony, zinc
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: Presence of zinc in a surface rock chip sample.
Evidence · table
“3”
Context: 26062
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
ASRC022Alice Springs · copperGrade: 0.43Grade Unit: %Intercept: 1 mView all detailsHide details
Identity
- Hole ID
- ASRC022
- Project
- Alice Springs
- Commodity
- copper
- Region
- australia_nt
- Reported Region
- australia_nt
- Ticker
- GES
Geometry
- Grade
- 0.43
- Grade Unit
- %
- Intercept
- 1 m
- From
- 38 m
- To
- 39 m
- Intercept Depth
- 38 m
Classification
- Sample Type
- drill
- Group ID
- ASRC022:38-39
QA/QC
- Laboratory
- Intertek Adelaide
Deleterious
- Deleterious Flag
- No
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: Very narrow copper intercept with a low grade, noted as the maximum for a program described as disappointing.
Negative factors
- narrow_intercept
- low_grade
- disappointing_results
Evidence · text
“1m @ 0.43% Cu from 38m”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
ASRC021Alice Springs · goldGrade: 0.04Grade Unit: g/tView all detailsHide details
Identity
- Hole ID
- ASRC021
- Project
- Alice Springs
- Commodity
- gold
- Region
- australia_nt
- Reported Region
- australia_nt
- Ticker
- GES
Geometry
- Grade
- 0.04
- Grade Unit
- g/t
- From
- 73 m
- Intercept Depth
- 73 m
Classification
- Sample Type
- drill
QA/QC
- Laboratory
- Intertek Adelaide
Deleterious
- Deleterious Flag
- No
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: Very low gold grade, noted as the maximum for a program described as disappointing, indicating poor results.
Negative factors
- very_low_grade
- disappointing_results
Evidence · text
“0.04 g/t Au from hole ASRC021 (from 73m)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 19Alice Springs · molybdenumGrade: 18.5Grade Unit: ppmView all detailsHide details
Identity
- Project
- Alice Springs
- Commodity
- molybdenum
- Region
- australia_nt
- Reported Region
- Northern Territory
- Ticker
- GES
Geometry
- Grade
- 18.5
- Grade Unit
- ppm
Classification
- Sample Type
- surface
Location
- Location
- Diana 2 North
- Easting
- 441947
- Northing
- 7446248
- CRS
- GDA 94 Z53K
- Loc. Confidence
- medium
- Loc. Source
- document
QA/QC
- Laboratory
- Intertek Adelaide
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- silver, bismuth, cobalt, copper, molybdenum, neodymium, lead, praseodymium, antimony, zinc
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: Presence of molybdenum in a surface rock chip sample.
Evidence · table
“18.5”
Context: 26062
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
Fact 20PlavicaView all detailsHide details
Identity
- Project
- Plavica
- Region
- north macedonia
- Reported Region
- North Macedonia
- Ticker
- GES
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: Genesis acquired full ownership of Silgen, but is subject to a 4% royalty on future production from the Plavica Project, which represents a future obligation.
Positive factors
- full_ownership
Negative factors
- royalty_obligation
Evidence · text
“Genesis acquired all of Sileks' shares in Silgen, in exchange for a mineral royalty of 4% of all future 'products' (metals, ores, previous stones, concentrates, minerals and mineral resources extracted or produced from the Plavica Project concessions), if any are extracted or produced, in the condition in which the products leave the concessions (such as in concentrate, ore form or metal).”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
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.