# LPM: Targeted Drilling to Commence at Lei Lithium Project Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/lpm-targeted-drilling-to-commence-at-lei-lithium-project--d70c4f61-ffb8-475b-b35f-5543d096c783 Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03151033 Publisher: asx Original announcement: 2026-10-11T22:25:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-11T23:24:42.928Z Atlas analysis updated: 2026-10-11T23:24:42.928Z - Company: Lithium Plus Minerals - Ticker: LPM - Exchange: ASX - Region: Northern Territory - Primary commodity: Lithium - Secondary commodities: Gold - Document categories: Other, Drill results - Extracted: 2026-10-11 23:24:43 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary Lithium Plus Minerals is commencing a targeted drilling program at the Lei Lithium Project in the Northern Territory. The program includes eight RC holes to test the Lei Secondary Pegmatite and two diamond holes to improve confidence in the Primary Lei Pegmatite. Reasoning: The announcement details an imminent drilling program to expand and upgrade existing lithium resources rather than reporting new assay results. - Positive factor: Planned drilling targets both Primary and Secondary pegmatites - Positive factor: Aims to upgrade Inferred resource to Indicated - Positive factor: Targets potential for new Mineral Resource estimation in Secondary Pegmatite - Negative factor: No new assay results provided in this release Facts used in scoring: 5 ## Classification and evidence **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: The announcement discusses historical drilling results from 2023 to provide context for the new program, but does not report new assay results. Evidence · text > Previous drilling results included: ## Extracted facts Stored fact records: 5. Some facts used in scoring do not have a stored record. ## Drill Results (5) ### BYLDD022 [Link to this fact](https://atlas-staging.minestarters.com/news/lpm-targeted-drilling-to-commence-at-lei-lithium-project--d70c4f61-ffb8-475b-b35f-5543d096c783#fact-drill-facts-0) Lei · lithium Historical result Needs review: historical\_restatement #### Identity - Hole ID: BYLDD022 - Project: Lei - Commodity: lithium - Region: australia\_nt - Reported Region: australia\_nt - Ticker: LPM #### Geometry - Grade: 1.2 - Grade Unit: % - Intercept: 6.04 m - From: 298.96 m - To: 305 m - Intercept Depth: 298.96 m #### Classification - Sample Type: drill - Group ID: BYLDD022:298.96-305 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2023-03-28T00:00:00.000Z #### Dates - Event date: 2026-10-11T00:00:00.000Z Reasoning: Historical intercept reported from a 2023 announcement. - Positive factor: High-grade lithium intercept - Negative factor: Historical data Evidence · text > 6.04m @ 1.2% Li₂O from 298.96m \(BYLDD022\) #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### BYLDD034 [Link to this fact](https://atlas-staging.minestarters.com/news/lpm-targeted-drilling-to-commence-at-lei-lithium-project--d70c4f61-ffb8-475b-b35f-5543d096c783#fact-drill-facts-1) Lei · lithium Historical result Needs review: historical\_restatement #### Identity - Hole ID: BYLDD034 - Project: Lei - Commodity: lithium - Region: australia\_nt - Reported Region: australia\_nt - Ticker: LPM #### Geometry - Grade: 1.2 - Grade Unit: % - Intercept: 4 m - From: 270 m - To: 274 m - Intercept Depth: 270 m #### Classification - Sample Type: drill - Group ID: BYLDD034:270-274 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2023-03-28T00:00:00.000Z #### Dates - Event date: 2026-10-11T00:00:00.000Z Reasoning: Historical intercept reported from a 2023 announcement. - Negative factor: Historical data Evidence · text > 4.00m @ 1.2% Li₂O from 270m \(BYLDD034\) #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### BYLDD011 [Link to this fact](https://atlas-staging.minestarters.com/news/lpm-targeted-drilling-to-commence-at-lei-lithium-project--d70c4f61-ffb8-475b-b35f-5543d096c783#fact-drill-facts-2) Lei · lithium Historical result Needs review: historical\_restatement #### Identity - Hole ID: BYLDD011 - Project: Lei - Commodity: lithium - Region: australia\_nt - Reported Region: australia\_nt - Ticker: LPM #### Geometry - Grade: 1 - Grade Unit: % - Intercept: 5 m - From: 79 m - To: 84 m - Intercept Depth: 79 m #### Classification - Sample Type: drill - Group ID: BYLDD011:79-84 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2023-03-28T00:00:00.000Z #### Dates - Event date: 2026-10-11T00:00:00.000Z Reasoning: Historical intercept reported from a 2023 announcement. - Negative factor: Historical data Evidence · text > 5.00m @ 1.0% Li₂O from 79m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **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 ### BYLDD011 [Link to this fact](https://atlas-staging.minestarters.com/news/lpm-targeted-drilling-to-commence-at-lei-lithium-project--d70c4f61-ffb8-475b-b35f-5543d096c783#fact-drill-facts-3) Lei · lithium Historical result Needs review: historical\_restatement #### Identity - Hole ID: BYLDD011 - Project: Lei - Commodity: lithium - Region: australia\_nt - Reported Region: australia\_nt - Ticker: LPM #### Geometry - Grade: 1.6 - Grade Unit: % - Intercept: 3 m - From: 79 m - To: 82 m - Intercept Depth: 79 m #### Classification - Sample Type: drill - Group ID: BYLDD011:79-82 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2023-03-28T00:00:00.000Z #### Dates - Event date: 2026-10-11T00:00:00.000Z Reasoning: Historical high-grade sub-interval reported from a 2023 announcement. - Positive factor: Higher grade sub-interval - Negative factor: Historical data Evidence · text > including 3m @ 1.6% Li₂O #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### BYLDD009 [Link to this fact](https://atlas-staging.minestarters.com/news/lpm-targeted-drilling-to-commence-at-lei-lithium-project--d70c4f61-ffb8-475b-b35f-5543d096c783#fact-drill-facts-4) Lei · lithium Historical result Needs review: historical\_restatement #### Identity - Hole ID: BYLDD009 - Project: Lei - Commodity: lithium - Region: australia\_nt - Reported Region: australia\_nt - Ticker: LPM #### Geometry - Grade: 0.5 - Grade Unit: % - Intercept: 8 m - From: 83 m - To: 91 m - Intercept Depth: 83 m #### Classification - Sample Type: drill - Group ID: BYLDD009:83-91 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2023-03-28T00:00:00.000Z #### Dates - Event date: 2026-10-11T00:00:00.000Z Reasoning: Historical low-grade intercept reported from a 2023 announcement. - Negative factor: Historical data - Negative factor: Low grade Evidence · text > 8.00m @ 0.5% Li₂O from 83m \(BYLDD009\) #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ## 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.