# HAR: First Hole of Phase 2 Drilling Delivers High-Grade Gold

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/har-first-hole-of-phase-2-drilling-delivers-high-grade-gold--7346270a-95e7-4d81-ab8f-70c0b87e7f30

Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03153075

Publisher: asx

Original announcement: 2026-10-15T21:19:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-15T22:24:00.955Z

Atlas analysis updated: 2026-10-15T22:24:00.955Z

- Company: Haranga Resources Limited

- Ticker: HAR

- Exchange: ASX

- Region: California, U.S.A.

- Primary commodity: Gold

- Secondary commodities: Uranium

- Document categories: Drill results, Resource update

- Extracted: 2026-10-15 22:24:01 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Haranga Resources announced high-grade gold results from the first hole of its Phase 2 underground diamond drilling program at the Lincoln Gold Project in California, USA. Hole DDH0294 returned 32m at 10.4g/t Au from 143m, confirming the high-grade nature of the mineralization and potentially merging thinner modelled zones. This drilling program aims to improve resource confidence, supporting the re-classification of Inferred Mineral Resources to Indicated, and is part of a systematic approach to re-develop the Lincoln project.

Reasoning: The first hole of Phase 2 drilling at Lincoln delivered a strong high-grade gold intercept \(32m at 10.4 g/t Au\), which is material for resource confidence upgrade and potential expansion of the Lincoln Gold Project. The grade-width product is exceptional, and the program's objective to convert Inferred to Indicated resources is a key de-risking step.

- Positive factor: High-grade intercept \(10.4 g/t Au\) significantly above peer average for orogenic gold

- Positive factor: Exceptional grade-width product \(332.8 g/t·m\)

- Positive factor: Significant intercept length \(32m\)

- Positive factor: Program aims to upgrade resource confidence from Inferred to Indicated

- Positive factor: Confirms high-grade nature of mineralization

- Positive factor: Potential to merge thinner modelled zones

- Positive factor: First hole of Phase 2 drilling, indicating strong start to new program

- Negative factor: Intercept reported as uphole length, true width not yet determined

- Negative factor: Historical QA/QC noted blanks consistently outside expected below detection levels

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 10

## Classification and evidence

**Bonanza Intercept**

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: The intercept of 1m at 51.4 g/t Au is well above the exceptional threshold for orogenic gold deposits \(15 g/t Au for underground mining\).

Evidence · text

> peak of 1m at 51.4g/t Au

**True Width Disclosed**

Polarity: positive

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

Why it applies: The document explicitly states that the intercept is reported as uphole length and not true width, and that true width is to be determined.

Evidence · text

> Intercept is reported as uphole length and not true width.

**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 detailed QA/QC disclosure, mentioning a Competent Person, ALS laboratory accredited to ISO/IEC 17025:2017, and methods like standards, blanks, and duplicates.

Evidence · text

> Mr Craig Hall, a Competent Person, who is a Member of the Australian Institute of Geoscientists \(AIG member \#1748\)... ALS laboratory in Reno Nevada, which holds multiple accreditations, including ISO/IEC 17025:2017... submission of a range of Certified Reference materials \(CRM’s\) and blanks... inserted into the sampling sequence

**Compositing Transparent**

Polarity: positive

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

Why it applies: The cut-off grade \(1.0 g/t Au\), minimum interval length \(1.8m\), and maximum internal dilution \(2.0m\) are clearly stated for reported intervals.

Evidence · text

> N.B.-Cut off- 1.0 g/t Au; Minimum interval length 1.8m; Max internal dilution 2.0m

**Infill Drilling**

Polarity: neutral

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

Why it applies: The program's primary goal is to improve resource confidence, supporting the potential re-classification of Inferred Mineral Resources to Indicated.

Evidence · text

> The program’s primary goal is to improve resource confidence, supporting the potential re-classification of Inferred Mineral Resources to Indicated.

**Inferred Resource**

Polarity: negative

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

Why it applies: 77% of Lincoln’s total Mineral Resource Estimate falls within the Inferred Resources category, indicating a speculative stage for a significant portion of the resource.

Evidence · text

> Presently, 77% of Lincoln’s total Mineral Resource Estimate falls within the Inferred Resources category

**Stale Estimate**

Polarity: negative

Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: The Saraya Uranium Project resource estimate has an effective date of 27 August 2024, which is more than 2 years old relative to the announcement date of October 2026.

Evidence · text

> The resource as reported at 27 August 2024 is as follows:

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: The document provides a summary of the existing Lincoln Gold Project MRE and Saraya Uranium Project MRE, which are restatements of prior estimates.

Evidence · text

> Lincoln - Mineral Resource... The resource as reported at 25 May 2026 is as follows:

## Extracted facts

Stored fact records: 10. Some facts used in scoring do not have a stored record.

## Drill Results (5)

### DDH0294

[Link to this fact](https://atlas-staging.minestarters.com/news/har-first-hole-of-phase-2-drilling-delivers-high-grade-gold--7346270a-95e7-4d81-ab8f-70c0b87e7f30#fact-drill-facts-0)

Lincoln · gold

#### Identity

- Hole ID: DDH0294
- Project: Lincoln
- Commodity: gold
- Region: usa
- Reported Region: usa
- Ticker: HAR

#### Geometry

- Grade: 10.41
- Grade Unit: g/t
- Intercept: 32 m
- From: 143 m
- To: 175 m
- Hole Depth: 230 m
- Intercept Depth: 143 m

#### Classification

- Deposit Type: orogenic
- Program: resource
- Sample Type: drill
- Group ID: DDH0294:143-175
- Mining Method: underground

#### Location

- Location: southern portion of the Lincoln resource
- Easting: 2104083
- Northing: 582459.4
- CRS: NAD83/California Zone 2
- Elevation: 261.7 m
- Azimuth: 130 °
- Dip: 34.5 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Compositing

- Cutoff Grade: 1
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 2 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-15T00:00:00.000Z

Reasoning: This is the first hole of Phase 2 drilling, delivering a strong high-grade gold intercept \(32m at 10.4 g/t Au\) which is material for resource confidence upgrade and potential expansion of the Lincoln Gold Project. The grade-width product is exceptional.

- Positive factor: High-grade intercept \(10.4 g/t Au\) significantly above peer average for orogenic gold

- Positive factor: Exceptional grade-width product \(332.8 g/t·m\)

- Positive factor: Significant intercept length \(32m\)

- Positive factor: Program aims to upgrade resource confidence from Inferred to Indicated

- Positive factor: Confirms high-grade nature of mineralization

- Positive factor: Potential to merge thinner modelled zones

- Positive factor: First hole of Phase 2 drilling, indicating strong start to new program

- Negative factor: Intercept reported as uphole length, true width not yet determined

- Negative factor: Historical QA/QC noted blanks consistently outside expected below detection levels

Evidence · text

> DDH0294 returning a highlight interval of 32m at 10.4g/t Au from 143m

#### 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

**Infill Drilling**

Polarity: neutral

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

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

### DDH0294

[Link to this fact](https://atlas-staging.minestarters.com/news/har-first-hole-of-phase-2-drilling-delivers-high-grade-gold--7346270a-95e7-4d81-ab8f-70c0b87e7f30#fact-drill-facts-1)

Lincoln · gold

#### Identity

- Hole ID: DDH0294
- Project: Lincoln
- Commodity: gold
- Region: usa
- Reported Region: usa
- Ticker: HAR

#### Geometry

- Grade: 51.4
- Grade Unit: g/t
- Intercept: 1 m
- From: 152 m
- To: 153 m
- Hole Depth: 230 m
- Intercept Depth: 152 m

#### Classification

- Deposit Type: orogenic
- Program: resource
- Sample Type: drill
- Group ID: DDH0294:152-153
- Mining Method: underground

#### Location

- Location: southern portion of the Lincoln resource
- Easting: 2104083
- Northing: 582459.4
- CRS: NAD83/California Zone 2
- Elevation: 261.7 m
- Azimuth: 130 °
- Dip: 34.5 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Compositing

- Cutoff Grade: 1
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 2 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-15T00:00:00.000Z

Reasoning: This bonanza-grade intercept confirms the genuine high-grade nature of the mineralization within the broader 32m interval, providing strong support for the project's potential.

- Positive factor: Bonanza Intercept \(51.4 g/t Au\) significantly above peer average for orogenic gold

- Positive factor: Exceptional grade-width product \(51.4 g/t·m\)

- Positive factor: Confirms genuine high-grade nature of mineralization

- Positive factor: First hole of Phase 2 drilling, indicating strong start to new program

- Negative factor: Intercept reported as uphole length, true width not yet determined

- Negative factor: Historical QA/QC noted blanks consistently outside expected below detection levels

Evidence · text

> peak of 1m at 51.4g/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

**Infill Drilling**

Polarity: neutral

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

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

### DDH0294

[Link to this fact](https://atlas-staging.minestarters.com/news/har-first-hole-of-phase-2-drilling-delivers-high-grade-gold--7346270a-95e7-4d81-ab8f-70c0b87e7f30#fact-drill-facts-2)

Lincoln · gold

#### Identity

- Hole ID: DDH0294
- Project: Lincoln
- Commodity: gold
- Region: usa
- Reported Region: usa
- Ticker: HAR

#### Geometry

- Grade: 4.46
- Grade Unit: g/t
- Intercept: 2 m
- From: 75.4 m
- To: 77.4 m
- Hole Depth: 230 m
- Intercept Depth: 75.4 m

#### Classification

- Deposit Type: orogenic
- Program: resource
- Sample Type: drill
- Group ID: DDH0294:75.4-77.4
- Mining Method: underground

#### Location

- Location: southern portion of the Lincoln resource
- Easting: 2104083
- Northing: 582459.4
- CRS: NAD83/California Zone 2
- Elevation: 261.7 m
- Azimuth: 130 °
- Dip: 34.5 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Compositing

- Cutoff Grade: 1
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 2 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-15T00:00:00.000Z

Reasoning: This intercept from the first hole of Phase 2 drilling provides additional positive results, contributing to the overall understanding of the deposit.

- Positive factor: Moderate grade \(4.46 g/t Au\) for orogenic gold

- Positive factor: First hole of Phase 2 drilling

- Negative factor: Intercept reported as uphole length, true width not yet determined

- Negative factor: Historical QA/QC noted blanks consistently outside expected below detection levels

Evidence · table

> 4.46

Context: 2

#### 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

**Infill Drilling**

Polarity: neutral

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

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

### DDH0294

[Link to this fact](https://atlas-staging.minestarters.com/news/har-first-hole-of-phase-2-drilling-delivers-high-grade-gold--7346270a-95e7-4d81-ab8f-70c0b87e7f30#fact-drill-facts-3)

Lincoln · gold

#### Identity

- Hole ID: DDH0294
- Project: Lincoln
- Commodity: gold
- Region: usa
- Reported Region: usa
- Ticker: HAR

#### Geometry

- Grade: 2.16
- Grade Unit: g/t
- Intercept: 3.4 m
- From: 185.1 m
- To: 188.5 m
- Hole Depth: 230 m
- Intercept Depth: 185.1 m

#### Classification

- Deposit Type: orogenic
- Program: resource
- Sample Type: drill
- Group ID: DDH0294:185.1-188.5
- Mining Method: underground

#### Location

- Location: southern portion of the Lincoln resource
- Easting: 2104083
- Northing: 582459.4
- CRS: NAD83/California Zone 2
- Elevation: 261.7 m
- Azimuth: 130 °
- Dip: 34.5 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Compositing

- Cutoff Grade: 1
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 2 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-15T00:00:00.000Z

Reasoning: This intercept from the first hole of Phase 2 drilling provides additional positive results, contributing to the overall understanding of the deposit.

- Positive factor: Moderate grade \(2.16 g/t Au\) for orogenic gold

- Positive factor: First hole of Phase 2 drilling

- Negative factor: Intercept reported as uphole length, true width not yet determined

- Negative factor: Historical QA/QC noted blanks consistently outside expected below detection levels

Evidence · table

> 2.16

Context: 3.4

#### 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

**Infill Drilling**

Polarity: neutral

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

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

### DDH0294

[Link to this fact](https://atlas-staging.minestarters.com/news/har-first-hole-of-phase-2-drilling-delivers-high-grade-gold--7346270a-95e7-4d81-ab8f-70c0b87e7f30#fact-drill-facts-4)

Lincoln · gold

#### Identity

- Hole ID: DDH0294
- Project: Lincoln
- Commodity: gold
- Region: usa
- Reported Region: usa
- Ticker: HAR

#### Geometry

- Grade: 1.74
- Grade Unit: g/t
- Intercept: 1.9 m
- From: 192.1 m
- To: 194 m
- Hole Depth: 230 m
- Intercept Depth: 192.1 m

#### Classification

- Deposit Type: orogenic
- Program: resource
- Sample Type: drill
- Group ID: DDH0294:192.1-194
- Mining Method: underground

#### Location

- Location: southern portion of the Lincoln resource
- Easting: 2104083
- Northing: 582459.4
- CRS: NAD83/California Zone 2
- Elevation: 261.7 m
- Azimuth: 130 °
- Dip: 34.5 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Compositing

- Cutoff Grade: 1
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 2 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-15T00:00:00.000Z

Reasoning: This intercept from the first hole of Phase 2 drilling provides additional positive results, contributing to the overall understanding of the deposit.

- Positive factor: Moderate grade \(1.74 g/t Au\) for orogenic gold

- Positive factor: First hole of Phase 2 drilling

- Negative factor: Intercept reported as uphole length, true width not yet determined

- Negative factor: Historical QA/QC noted blanks consistently outside expected below detection levels

Evidence · table

> 1.74

Context: 1.9

#### 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

**Infill Drilling**

Polarity: neutral

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

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

## Resource Estimates (5)

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/har-first-hole-of-phase-2-drilling-delivers-high-grade-gold--7346270a-95e7-4d81-ab8f-70c0b87e7f30#fact-resource-facts-5)

Lincoln Gold Project · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Lincoln Gold Project
- Commodity: gold
- Region: usa
- Reported Region: California, U.S.A.
- Ticker: HAR

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mr Craig Hall
- Resource group id: resource:892abcdcdb1333fe9b6b
- Deposit or zone: Lincoln-Comet

#### Resource Data

- Category: indicated
- Tonnes: 429000
- Grade: 6.6
- Grade Unit: g/t
- Contained Metal: 91000
- Contained Unit: oz au
- Cutoff Grade: 2
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-05-25

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2026-05-25T00:00:00.000Z

#### Dates

- Event date: 2026-10-15T00:00:00.000Z

Reasoning: This is a restatement of the existing Indicated Resource for Lincoln-Comet, providing background for the current drilling program's objectives to upgrade resource confidence.

- Positive factor: Indicated Resource category provides reasonable geological confidence

- Positive factor: High-grade resource \(6.6 g/t Au\) for orogenic gold

- Negative factor: Stale Data Re-release \(resource estimate is from May 2026, restated here\)

- Negative factor: 77% of contained gold ounces are classified as Inferred for the total Lincoln resource

Evidence · table

> 6.6

Context: 429,000

#### 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 Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is 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/har-first-hole-of-phase-2-drilling-delivers-high-grade-gold--7346270a-95e7-4d81-ab8f-70c0b87e7f30#fact-resource-facts-6)

Lincoln Gold Project · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Lincoln Gold Project
- Commodity: gold
- Region: usa
- Reported Region: California, U.S.A.
- Ticker: HAR

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mr Craig Hall
- Resource group id: resource:022d77ae0f79052465a3
- Deposit or zone: Lincoln-Comet

#### Resource Data

- Category: inferred
- Tonnes: 1068000
- Grade: 5.4
- Grade Unit: g/t
- Contained Metal: 184000
- Contained Unit: oz au
- Cutoff Grade: 2
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-05-25

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2026-05-25T00:00:00.000Z

#### Dates

- Event date: 2026-10-15T00:00:00.000Z

Reasoning: This is a restatement of the existing Inferred Resource for Lincoln-Comet, providing background for the current drilling program's objectives to upgrade resource confidence.

- Positive factor: High-grade resource \(5.4 g/t Au\) for orogenic gold

- Negative factor: Inferred Resource category indicates lower geological confidence

- Negative factor: Stale Data Re-release \(resource estimate is from May 2026, restated here\)

- Negative factor: 77% of contained gold ounces are classified as Inferred for the total Lincoln resource

Evidence · table

> 5.4

Context: 1,068,000

#### 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 Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is 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/har-first-hole-of-phase-2-drilling-delivers-high-grade-gold--7346270a-95e7-4d81-ab8f-70c0b87e7f30#fact-resource-facts-7)

Lincoln Gold Project · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Lincoln Gold Project
- Commodity: gold
- Region: usa
- Reported Region: California, U.S.A.
- Ticker: HAR

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mr Craig Hall
- Resource group id: resource:d632d752b4ef9ca01608
- Deposit or zone: Medean

#### Resource Data

- Category: inferred
- Tonnes: 961000
- Grade: 4.1
- Grade Unit: g/t
- Contained Metal: 127000
- Contained Unit: oz au
- Cutoff Grade: 2
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-05-25

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2026-05-25T00:00:00.000Z

#### Dates

- Event date: 2026-10-15T00:00:00.000Z

Reasoning: This is a restatement of the existing Inferred Resource for Medean, providing background for the current drilling program's objectives to upgrade resource confidence.

- Positive factor: Moderate-grade resource \(4.1 g/t Au\) for orogenic gold

- Negative factor: Inferred Resource category indicates lower geological confidence

- Negative factor: Stale Data Re-release \(resource estimate is from May 2026, restated here\)

- Negative factor: 77% of contained gold ounces are classified as Inferred for the total Lincoln resource

Evidence · table

> 4.1

Context: 961,000

#### 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 Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is 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

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/har-first-hole-of-phase-2-drilling-delivers-high-grade-gold--7346270a-95e7-4d81-ab8f-70c0b87e7f30#fact-resource-facts-8)

Saraya Uranium Project · uranium

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Saraya Uranium Project
- Commodity: uranium
- Ticker: HAR

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mr Craig Hall
- Resource group id: resource:f770663e79fde0f95633

#### Resource Data

- Category: indicated
- Tonnes: 4100000
- Grade: 740
- Grade Unit: ppm eU3O8
- Contained Metal: 6.7
- Contained Unit: mlbs eu3o8
- Cutoff Grade: 250
- Cutoff Unit: ppm eU3O8

#### Prior Estimate

- Resource Date: 2024-08-27

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2024-08-27T00:00:00.000Z

#### Dates

- Event date: 2026-10-15T00:00:00.000Z

Reasoning: This is a restatement of the existing Indicated Resource for the Saraya Uranium Project, providing general company background rather than new information.

- Positive factor: Indicated Resource category provides reasonable geological confidence

- Negative factor: Stale Data Re-release \(resource estimate is from August 2024, restated here\)

Evidence · table

> 740

Context: 4.1

#### 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 Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is 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

**Stale Estimate**

Polarity: negative

Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.1 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/har-first-hole-of-phase-2-drilling-delivers-high-grade-gold--7346270a-95e7-4d81-ab8f-70c0b87e7f30#fact-resource-facts-9)

Saraya Uranium Project · uranium

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Saraya Uranium Project
- Commodity: uranium
- Ticker: HAR

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mr Craig Hall
- Resource group id: resource:87a0052ea2659bc0d961

#### Resource Data

- Category: inferred
- Tonnes: 10400000
- Grade: 475
- Grade Unit: ppm eU3O8
- Contained Metal: 10.9
- Contained Unit: mlbs eu3o8
- Cutoff Grade: 250
- Cutoff Unit: ppm eU3O8

#### Prior Estimate

- Resource Date: 2024-08-27

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2024-08-27T00:00:00.000Z

#### Dates

- Event date: 2026-10-15T00:00:00.000Z

Reasoning: This is a restatement of the existing Inferred Resource for the Saraya Uranium Project, providing general company background rather than new information.

- Negative factor: Inferred Resource category indicates lower geological confidence

- Negative factor: Stale Data Re-release \(resource estimate is from August 2024, restated here\)

Evidence · table

> 475

Context: 10.4

#### 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 Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is 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

**Stale Estimate**

Polarity: negative

Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.1 years before this release

## 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.