LRV: High-Grade Blacklode and Midas Intercepts

Original announcement by asx on Oct 11, 2026

Bullish

Company: Larvotto Resources Limited
Ticker: LRV
Exchange: ASX
Region: New South Wales
Primary commodity: Gold
Secondary commodities: Antimony, Tungsten
Document categories: Drill results
Extracted: 2026-10-11 23:23:09 UTC

Atlas analysis published: Oct 11, 2026

Minestarters Atlas analysis

Summary

Larvotto Resources Limited announced strong drill results from its Hillgrove Antimony-Gold Project in New South Wales, including outstanding high-grade gold-antimony-tungsten equivalent intercepts from the Blacklode, Midas, and Endurance lodes. The drilling confirmed continuity and expanded the mineralized footprint, with a new high-grade Echidna Lode also discovered. These results validate the company's geological model and support future resource growth, as the company advances towards a maiden Mineral Resource Estimate at Midas.

Reasoning: The announcement reports multiple high-grade gold-antimony-tungsten equivalent intercepts, including a new discovery, which significantly expands the known mineralization and validates the geological model, indicating strong potential for resource growth.

Positive factors

High-grade intercepts reported, including bonanza grades up to 28.6 g/t AuEq.
Broad mineralization confirmed with intercepts up to 20.5m true width.
New high-grade Echidna Lode discovered, expanding the mineralized footprint.
Continuity of multiple lode systems (Blacklode, Midas, Endurance) demonstrated.
Company's geological and structural interpretation validated by successful targeting.
Multiple diamond rigs operating, indicating an active and well-funded exploration program.
Advancing towards a maiden Mineral Resource Estimate (MRE) at Midas.
True width disclosed for most significant intercepts, enhancing confidence in geometry.
Transparent compositing parameters (cut-off grade and internal dilution) clearly stated.
Comprehensive QA/QC procedures disclosed, including certified lab, QP sign-off, and various methods.

Negative factors

Gold mineralization is predominantly refractory, associated with arsenopyrite, which may imply complex processing.
Echidna Lode true width estimation was challenged by drill orientation, requiring further definition.

Facts used in scoring: 28

Classification and evidence

True Width Disclosedpositive

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

Why it applies: The document explicitly states 'Intervals are reported on an estimated true-width basis where sufficient geological and structural information is available; otherwise, downhole intervals are stated' and provides 'Estimated True Width' in the table.

Evidence · text

“Intervals are reported on an estimated true-width basis where sufficient geological and structural information is available; otherwise, downhole intervals are stated.”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The drilling program is designed to 'extend mineralisation at depth beneath and along strike from previously reported intersections' and 'test strike and depth extensions'.

Evidence · text

“The reported drillholes have been designed to infill and extend mineralisation at depth beneath and along strike from previously reported intersections.”

QA/QC Disclosedpositive

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

Why it applies: The release includes a detailed JORC Table 1, Section 1 and 2, outlining sampling techniques, laboratory procedures, and quality control measures such as blanks, standards, duplicates, and umpire checks.

Evidence · text

“JORC Code, 2012 Edition – Table 1”

Compositing Transparentpositive

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

Why it applies: The document clearly states the cut-off grade and internal dilution rules used for reporting significant intercepts.

Evidence · text

“Significant intercepts are reported using length-weighted average grades and a nominal lower cut-off of 0.50 g/t AuEq, with a minimum sample interval of 0.3 m and up to 2.0 m of consecutive internal dilution below 0.50 g/t AuEq.”

Refractory Orenegative

Ore requires oxidation/pressure treatment before recovery — a processing and recovery risk.

Why it applies: The document states that 'Gold mineralisation is predominantly refractory (associated with arsenopyrite)' and mentions the use of sodium peroxide fusion for refractory mineral phases.

Evidence · text

“Gold mineralisation is predominantly refractory (associated with arsenopyrite)”

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: The document mentions arsenic and antimony as elements associated with the refractory gold mineralization and analyzed for in samples.

Evidence · text

“Gold mineralisation is predominantly refractory (associated with arsenopyrite)”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling program is designed to 'infill and extend mineralisation at depth beneath and along strike from previously reported intersections'.

Evidence · text

“The reported drillholes have been designed to infill and extend mineralisation at depth beneath and along strike from previously reported intersections.”

Bonanza Interceptpositive

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

Why it applies: The intercept of 6.2m @ 27.19g/t AuEq has a grade-thickness product of 122.4 g/t AuEq*m, which is above the strong threshold of 100 g/t*m for gold.

Evidence · table

“27.19”

Context: 6.2

Extracted facts

Stored fact records: 28. Some facts used in scoring do not have a stored record.

Drill Results (28)

BLK119was designed to test the down-plunge continuation of the Midas Gully · goldGrade: 1.29Grade Unit: g/tIntercept: 11 mView all details

Link to this fact

Identity

Hole ID: BLK119
Project: was designed to test the down-plunge continuation of the Midas Gully
Commodity: gold
Region: australia_nsw
Reported Region: australia_nsw
Ticker: LRV

Geometry

Grade: 1.29
Grade Unit: g/t
Intercept: 11 m
True Width: 5.5 m
From: 270 m
To: 281 m
Hole Depth: 392.2 m
Intercept Depth: 270 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: BLK119:270-281
Mining Method: underground

Location

Location: Midas Lode
Easting: 392572.5
Northing: 6617043
CRS: GDA2020/UTM Zone 56
EPSG: 28356
Elevation: 2003 m
Azimuth: 265 °
Dip: -68 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Intertek Minerals Townsville (QLD)
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Deleterious

Deleterious Flag: Yes
Deleterious Elements: arsenic, antimony

Metal Equivalent

Metal Eq. Grade: 1.29
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t AuEq
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-10-11T00:00:00.000Z

Reasoning: The intercept shows a low grade and low grade-thickness product compared to project averages and peer benchmarks, indicating limited economic significance for this specific interval, despite being a new result.

Positive factors

True width disclosed.
Transparent compositing parameters.
QA/QC disclosed.

Negative factors

Grade is below project average and 75th percentile for orogenic gold.
Low grade-thickness product (7.1 g/t AuEq*m).

Evidence · table

“1.29”

Context: 11

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 5.5

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

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

BLK119was designed to test the down-plunge continuation of the Midas Gully · goldGrade: 3.23Grade Unit: g/tIntercept: 2 mView all details

Link to this fact

Identity

Hole ID: BLK119
Project: was designed to test the down-plunge continuation of the Midas Gully
Commodity: gold
Region: australia_nsw
Reported Region: australia_nsw
Ticker: LRV

Geometry

Grade: 3.23
Grade Unit: g/t
Intercept: 2 m
True Width: 1 m
From: 278 m
To: 280 m
Hole Depth: 392.2 m
Intercept Depth: 270 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: BLK119:278-280
Mining Method: underground

Location

Location: Midas Lode
Easting: 392572.5
Northing: 6617043
CRS: GDA2020/UTM Zone 56
EPSG: 28356
Elevation: 2003 m
Azimuth: 265 °
Dip: -68 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Intertek Minerals Townsville (QLD)
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Deleterious

Deleterious Flag: Yes
Deleterious Elements: arsenic, antimony

Metal Equivalent

Metal Eq. Grade: 3.23
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t AuEq
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-10-11T00:00:00.000Z

Reasoning: This sub-interval shows a moderate grade but very narrow width, resulting in a low grade-thickness product, limiting its individual economic significance.

Positive factors

True width disclosed.
Transparent compositing parameters.
QA/QC disclosed.

Negative factors

Grade is below project average and 75th percentile for orogenic gold.
Very low grade-thickness product (3.2 g/t AuEq*m).

Evidence · table

“3.23”

Context: 2

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1

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

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

BLK120Hillgrove Antimony-Gold · goldGrade: 4.39Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: BLK120
Project: Hillgrove Antimony-Gold
Commodity: gold
Region: australia_nsw
Reported Region: australia_nsw
Ticker: LRV

Geometry

Grade: 4.39
Grade Unit: g/t
Intercept: 1 m
True Width: 0.5 m
From: 194 m
To: 195 m
Hole Depth: 527.4 m
Intercept Depth: 194 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: BLK120:194-195
Mining Method: underground

Location

Location: Midas Lode
Easting: 392570.5
Northing: 6617037
CRS: GDA2020/UTM Zone 56
EPSG: 28356
Elevation: 2002 m
Azimuth: 215 °
Dip: -55 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Intertek Minerals Townsville (QLD)
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Deleterious

Deleterious Flag: Yes
Deleterious Elements: arsenic, antimony

Metal Equivalent

Metal Eq. Grade: 4.39
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t AuEq
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-10-11T00:00:00.000Z

Reasoning: This intercept shows a moderate grade over a very narrow width, resulting in a low grade-thickness product, limiting its individual economic significance.

Positive factors

True width disclosed.
Transparent compositing parameters.
QA/QC disclosed.

Negative factors

Grade is below 75th percentile for orogenic gold.
Very low grade-thickness product (2.2 g/t AuEq*m).

Evidence · table

“4.39”

Context: 1

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.5

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

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

BLK120Hillgrove Antimony-Gold · goldGrade: 1.47Grade Unit: g/tIntercept: 14.5 mView all details

Link to this fact

Identity

Hole ID: BLK120
Project: Hillgrove Antimony-Gold
Commodity: gold
Region: australia_nsw
Reported Region: australia_nsw
Ticker: LRV

Geometry

Grade: 1.47
Grade Unit: g/t
Intercept: 14.5 m
True Width: 7.5 m
From: 199 m
To: 213.5 m
Hole Depth: 527.4 m
Intercept Depth: 194 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: BLK120:199-213.5
Mining Method: underground

Location

Location: Midas Lode
Easting: 392570.5
Northing: 6617037
CRS: GDA2020/UTM Zone 56
EPSG: 28356
Elevation: 2002 m
Azimuth: 215 °
Dip: -55 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Intertek Minerals Townsville (QLD)
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Deleterious

Deleterious Flag: Yes
Deleterious Elements: arsenic, antimony

Metal Equivalent

Metal Eq. Grade: 1.47
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t AuEq
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-10-11T00:00:00.000Z

Reasoning: This intercept shows a broad width but low grade, resulting in a moderate grade-thickness product, indicating some continuity but limited high-grade potential for this specific interval.

Positive factors

True width disclosed.
Transparent compositing parameters.
QA/QC disclosed.
Grade-thickness product (11.0 g/t AuEq*m) is above the weak threshold.

Negative factors

Grade is below project average and 75th percentile for orogenic gold.

Evidence · table

“1.47”

Context: 14.5

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 7.5

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

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

BLK120Hillgrove Antimony-Gold · goldGrade: 3.54Grade Unit: g/tIntercept: 4.4 mView all details

Link to this fact

Identity

Hole ID: BLK120
Project: Hillgrove Antimony-Gold
Commodity: gold
Region: australia_nsw
Reported Region: australia_nsw
Ticker: LRV

Geometry

Grade: 3.54
Grade Unit: g/t
Intercept: 4.4 m
True Width: 2.3 m
From: 207.6 m
To: 212 m
Hole Depth: 527.4 m
Intercept Depth: 194 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: BLK120:207.6-212
Mining Method: underground

Location

Location: Midas Lode
Easting: 392570.5
Northing: 6617037
CRS: GDA2020/UTM Zone 56
EPSG: 28356
Elevation: 2002 m
Azimuth: 215 °
Dip: -55 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Intertek Minerals Townsville (QLD)
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Deleterious

Deleterious Flag: Yes
Deleterious Elements: arsenic, antimony

Metal Equivalent

Metal Eq. Grade: 3.54
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t AuEq
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-10-11T00:00:00.000Z

Reasoning: This sub-interval shows a moderate grade over a narrow width, resulting in a low grade-thickness product, limiting its individual economic significance.

Positive factors

True width disclosed.
Transparent compositing parameters.
QA/QC disclosed.

Negative factors

Grade is below 75th percentile for orogenic gold.
Low grade-thickness product (8.1 g/t AuEq*m).

Evidence · table

“3.54”

Context: 4.4

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.3

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

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

BLK120Hillgrove Antimony-Gold · goldGrade: 6.73Grade Unit: g/tIntercept: 0.7 mView all details

Link to this fact

Identity

Hole ID: BLK120
Project: Hillgrove Antimony-Gold
Commodity: gold
Region: australia_nsw
Reported Region: australia_nsw
Ticker: LRV

Geometry

Grade: 6.73
Grade Unit: g/t
Intercept: 0.7 m
True Width: 0.3 m
From: 219.5 m
To: 220.2 m
Hole Depth: 527.4 m
Intercept Depth: 194 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: BLK120:219.5-220.2
Mining Method: underground

Location

Location: Midas Lode
Easting: 392570.5
Northing: 6617037
CRS: GDA2020/UTM Zone 56
EPSG: 28356
Elevation: 2002 m
Azimuth: 215 °
Dip: -55 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Intertek Minerals Townsville (QLD)
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Deleterious

Deleterious Flag: Yes
Deleterious Elements: arsenic, antimony

Metal Equivalent

Metal Eq. Grade: 6.73
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t AuEq
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-10-11T00:00:00.000Z

Reasoning: This intercept shows a high grade but over a very narrow width, resulting in a low grade-thickness product, limiting its individual economic significance.

Positive factors

Grade is above 75th percentile for orogenic gold.
True width disclosed.
Transparent compositing parameters.
QA/QC disclosed.

Negative factors

Very low grade-thickness product (2.0 g/t AuEq*m).

Evidence · table

“6.73”

Context: 0.7

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.3

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

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

BLK120Hillgrove Antimony-Gold · goldGrade: 5.3Grade Unit: g/tIntercept: 1.3 mView all details

Link to this fact

Identity

Hole ID: BLK120
Project: Hillgrove Antimony-Gold
Commodity: gold
Region: australia_nsw
Reported Region: australia_nsw
Ticker: LRV

Geometry

Grade: 5.3
Grade Unit: g/t
Intercept: 1.3 m
True Width: 0.7 m
From: 234 m
To: 235.3 m
Hole Depth: 527.4 m
Intercept Depth: 194 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: BLK120:234-235.3
Mining Method: underground

Location

Location: Midas Lode
Easting: 392570.5
Northing: 6617037
CRS: GDA2020/UTM Zone 56
EPSG: 28356
Elevation: 2002 m
Azimuth: 215 °
Dip: -55 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Intertek Minerals Townsville (QLD)
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Deleterious

Deleterious Flag: Yes
Deleterious Elements: arsenic, antimony

Metal Equivalent

Metal Eq. Grade: 5.3
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t AuEq
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-10-11T00:00:00.000Z

Reasoning: This intercept shows a moderate grade over a very narrow width, resulting in a low grade-thickness product, limiting its individual economic significance.

Positive factors

True width disclosed.
Transparent compositing parameters.
QA/QC disclosed.

Negative factors

Grade is below 75th percentile for orogenic gold.
Very low grade-thickness product (3.7 g/t AuEq*m).

Evidence · table

“5.30”

Context: 1.3

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.7

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

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

BLK120Hillgrove Antimony-Gold · goldGrade: 9.4Grade Unit: g/tIntercept: 20.5 mView all details

Link to this fact

Identity

Hole ID: BLK120
Project: Hillgrove Antimony-Gold
Commodity: gold
Region: australia_nsw
Reported Region: australia_nsw
Ticker: LRV

Geometry

Grade: 9.4
Grade Unit: g/t
Intercept: 20.5 m
True Width: 15 m
From: 342.5 m
To: 363 m
Hole Depth: 527.4 m
Intercept Depth: 194 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: BLK120:342.5-363
Mining Method: underground

Location

Location: Blacklode
Easting: 392570.5
Northing: 6617037
CRS: GDA2020/UTM Zone 56
EPSG: 28356
Elevation: 2002 m
Azimuth: 215 °
Dip: -55 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Intertek Minerals Townsville (QLD)
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Deleterious

Deleterious Flag: Yes
Deleterious Elements: arsenic, antimony

Metal Equivalent

Metal Eq. Grade: 9.4
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t AuEq
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-10-11T00:00:00.000Z

Reasoning: This intercept represents a broad, high-grade zone with a strong grade-thickness product, significantly contributing to the overall resource potential and confirming continuity at depth.

Positive factors

Grade is above 75th percentile for orogenic gold.
Grade-thickness product (141.0 g/t AuEq*m) is above the strong threshold.
True width disclosed.
Transparent compositing parameters.
QA/QC disclosed.

Evidence · table

“9.40”

Context: 20.5

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 15

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

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

BLK120Hillgrove Antimony-Gold · goldGrade: 27.19Grade Unit: g/tIntercept: 6.2 mView all details

Link to this fact

Identity

Hole ID: BLK120
Project: Hillgrove Antimony-Gold
Commodity: gold
Region: australia_nsw
Reported Region: australia_nsw
Ticker: LRV

Geometry

Grade: 27.19
Grade Unit: g/t
Intercept: 6.2 m
True Width: 4.5 m
From: 342.5 m
To: 348.7 m
Hole Depth: 527.4 m
Intercept Depth: 194 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: BLK120:342.5-348.7
Mining Method: underground

Location

Location: Blacklode
Easting: 392570.5
Northing: 6617037
CRS: GDA2020/UTM Zone 56
EPSG: 28356
Elevation: 2002 m
Azimuth: 215 °
Dip: -55 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Intertek Minerals Townsville (QLD)
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Deleterious

Deleterious Flag: Yes
Deleterious Elements: arsenic, antimony

Metal Equivalent

Metal Eq. Grade: 27.19
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t AuEq
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-10-11T00:00:00.000Z

Reasoning: This bonanza-grade intercept over a significant width represents a highly material and novel result, indicating the presence of very high-grade shoots within the Blacklode system.

Positive factors

Bonanza Intercept: Exceptionally high-grade zone, well above the deposit-type norm.
Grade is significantly above project average and 75th percentile for orogenic gold.
Grade-thickness product (122.4 g/t AuEq*m) is above the strong threshold.
True width disclosed.
Transparent compositing parameters.
QA/QC disclosed.

Evidence · table

“27.19”

Context: 6.2

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 4.5

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

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MTZ001Hillgrove Antimony-Gold · goldGrade: 2.36Grade Unit: g/tIntercept: 1.4 mView all details

Link to this fact

Identity

Hole ID: MTZ001
Project: Hillgrove Antimony-Gold
Commodity: gold
Region: australia_nsw
Reported Region: australia_nsw
Ticker: LRV

Geometry

Grade: 2.36
Grade Unit: g/t
Intercept: 1.4 m
True Width: 0.7 m
From: 16 m
To: 17.4 m
Hole Depth: 404.4 m
Intercept Depth: 16 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: MTZ001:16-17.4
Mining Method: underground

Location

Location: Endurance Lode
Easting: 392572
Northing: 6617045
CRS: GDA2020/UTM Zone 56
EPSG: 28356
Elevation: 2002 m
Azimuth: 220 °
Dip: -72 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Intertek Minerals Townsville (QLD)
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Deleterious

Deleterious Flag: Yes
Deleterious Elements: arsenic, antimony

Metal Equivalent

Metal Eq. Grade: 2.36
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t AuEq
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-10-11T00:00:00.000Z

Reasoning: This intercept shows a low grade over a very narrow width, resulting in a low grade-thickness product, limiting its individual economic significance.

Positive factors

True width disclosed.
Transparent compositing parameters.
QA/QC disclosed.

Negative factors

Grade is below project average and 75th percentile for orogenic gold.
Very low grade-thickness product (1.7 g/t AuEq*m).

Evidence · table

“2.36”

Context: 1.4

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.7

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

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MTZ001Hillgrove Antimony-Gold · goldGrade: 13.7Grade Unit: g/tIntercept: 3.4 mView all details

Link to this fact

Identity

Hole ID: MTZ001
Project: Hillgrove Antimony-Gold
Commodity: gold
Region: australia_nsw
Reported Region: australia_nsw
Ticker: LRV

Geometry

Grade: 13.7
Grade Unit: g/t
Intercept: 3.4 m
True Width: 1.7 m
From: 109.6 m
To: 113 m
Hole Depth: 404.4 m
Intercept Depth: 16 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: MTZ001:109.6-113
Mining Method: underground

Location

Location: Endurance Lode
Easting: 392572
Northing: 6617045
CRS: GDA2020/UTM Zone 56
EPSG: 28356
Elevation: 2002 m
Azimuth: 220 °
Dip: -72 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Intertek Minerals Townsville (QLD)
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Deleterious

Deleterious Flag: Yes
Deleterious Elements: arsenic, antimony

Metal Equivalent

Metal Eq. Grade: 13.7
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t AuEq
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-10-11T00:00:00.000Z

Reasoning: This intercept shows a high grade over a moderate width, contributing positively to the overall resource potential and confirming continuity within the Endurance Lode.

Positive factors

Grade is significantly above project average and 75th percentile for orogenic gold.
Grade-thickness product (23.3 g/t AuEq*m) is above the weak threshold.
True width disclosed.
Transparent compositing parameters.
QA/QC disclosed.

Evidence · table

“13.70”

Context: 3.4

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.7

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

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MTZ001Hillgrove Antimony-Gold · goldGrade: 14.96Grade Unit: g/tIntercept: 2 mView all details

Link to this fact

Identity

Hole ID: MTZ001
Project: Hillgrove Antimony-Gold
Commodity: gold
Region: australia_nsw
Reported Region: australia_nsw
Ticker: LRV

Geometry

Grade: 14.96
Grade Unit: g/t
Intercept: 2 m
True Width: 1 m
From: 120 m
To: 122 m
Hole Depth: 404.4 m
Intercept Depth: 16 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: MTZ001:120-122
Mining Method: underground

Location

Location: Endurance Lode
Easting: 392572
Northing: 6617045
CRS: GDA2020/UTM Zone 56
EPSG: 28356
Elevation: 2002 m
Azimuth: 220 °
Dip: -72 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Intertek Minerals Townsville (QLD)
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Deleterious

Deleterious Flag: Yes
Deleterious Elements: arsenic, antimony

Metal Equivalent

Metal Eq. Grade: 14.96
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t AuEq
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-10-11T00:00:00.000Z

Reasoning: This intercept shows a high grade over a narrow width, contributing positively to the overall resource potential and confirming continuity within the Endurance Lode.

Positive factors

Grade is significantly above project average and 75th percentile for orogenic gold.
Grade-thickness product (15.0 g/t AuEq*m) is above the weak threshold.
True width disclosed.
Transparent compositing parameters.
QA/QC disclosed.

Evidence · table

“14.96”

Context: 2

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1

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

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MTZ001Hillgrove Antimony-Gold · goldGrade: 11.16Grade Unit: g/tIntercept: 0.4 mView all details

Link to this fact

Identity

Hole ID: MTZ001
Project: Hillgrove Antimony-Gold
Commodity: gold
Region: australia_nsw
Reported Region: australia_nsw
Ticker: LRV

Geometry

Grade: 11.16
Grade Unit: g/t
Intercept: 0.4 m
True Width: 0.2 m
From: 128 m
To: 128.4 m
Hole Depth: 404.4 m
Intercept Depth: 16 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: MTZ001:128-128.4
Mining Method: underground

Location

Location: Endurance Lode
Easting: 392572
Northing: 6617045
CRS: GDA2020/UTM Zone 56
EPSG: 28356
Elevation: 2002 m
Azimuth: 220 °
Dip: -72 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Intertek Minerals Townsville (QLD)
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Deleterious

Deleterious Flag: Yes
Deleterious Elements: arsenic, antimony

Metal Equivalent

Metal Eq. Grade: 11.16
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t AuEq
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-10-11T00:00:00.000Z

Reasoning: This sub-interval shows a high grade but over a very narrow width, resulting in a low grade-thickness product, limiting its individual economic significance.

Positive factors

Grade is significantly above project average and 75th percentile for orogenic gold.
True width disclosed.
Transparent compositing parameters.
QA/QC disclosed.

Negative factors

Very low grade-thickness product (2.2 g/t AuEq*m).

Evidence · table

“11.16”

Context: 0.4

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.2

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

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MTZ001Hillgrove Antimony-Gold · goldGrade: 5.32Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: MTZ001
Project: Hillgrove Antimony-Gold
Commodity: gold
Region: australia_nsw
Reported Region: australia_nsw
Ticker: LRV

Geometry

Grade: 5.32
Grade Unit: g/t
Intercept: 1 m
True Width: 0.5 m
From: 200.8 m
To: 201.8 m
Hole Depth: 404.4 m
Intercept Depth: 16 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: MTZ001:200.8-201.8
Mining Method: underground

Location

Location: Endurance Lode
Easting: 392572
Northing: 6617045
CRS: GDA2020/UTM Zone 56
EPSG: 28356
Elevation: 2002 m
Azimuth: 220 °
Dip: -72 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Intertek Minerals Townsville (QLD)
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Deleterious

Deleterious Flag: Yes
Deleterious Elements: arsenic, antimony

Metal Equivalent

Metal Eq. Grade: 5.32
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t AuEq
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-10-11T00:00:00.000Z

Reasoning: This intercept shows a moderate grade over a very narrow width, resulting in a low grade-thickness product, limiting its individual economic significance.

Positive factors

True width disclosed.
Transparent compositing parameters.
QA/QC disclosed.

Negative factors

Grade is below 75th percentile for orogenic gold.
Very low grade-thickness product (2.7 g/t AuEq*m).

Evidence · table

“5.32”

Context: 1

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.5

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

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MTZ001Hillgrove Antimony-Gold · goldGrade: 0.99Grade Unit: g/tIntercept: 4 mView all details

Link to this fact

Identity

Hole ID: MTZ001
Project: Hillgrove Antimony-Gold
Commodity: gold
Region: australia_nsw
Reported Region: australia_nsw
Ticker: LRV

Geometry

Grade: 0.99
Grade Unit: g/t
Intercept: 4 m
True Width: 2 m
From: 347 m
To: 351 m
Hole Depth: 404.4 m
Intercept Depth: 16 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: MTZ001:347-351
Mining Method: underground

Location

Location: Midas Lode
Easting: 392572
Northing: 6617045
CRS: GDA2020/UTM Zone 56
EPSG: 28356
Elevation: 2002 m
Azimuth: 220 °
Dip: -72 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Intertek Minerals Townsville (QLD)
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Deleterious

Deleterious Flag: Yes
Deleterious Elements: arsenic, antimony

Metal Equivalent

Metal Eq. Grade: 0.99
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t AuEq
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-10-11T00:00:00.000Z

Reasoning: This intercept shows a low grade and low grade-thickness product, indicating limited economic significance for this specific interval.

Positive factors

True width disclosed.
Transparent compositing parameters.
QA/QC disclosed.

Negative factors

Grade is below project average and 75th percentile for orogenic gold.
Grade is below the moderate threshold for orogenic gold (2.5 g/t).
Very low grade-thickness product (2.0 g/t AuEq*m).

Evidence · table

“0.99”

Context: 4

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2

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

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MTZ001Hillgrove Antimony-Gold · goldGrade: 1.6Grade Unit: g/tIntercept: 2.4 mView all details

Link to this fact

Identity

Hole ID: MTZ001
Project: Hillgrove Antimony-Gold
Commodity: gold
Region: australia_nsw
Reported Region: australia_nsw
Ticker: LRV

Geometry

Grade: 1.6
Grade Unit: g/t
Intercept: 2.4 m
True Width: 1.2 m
From: 372.6 m
To: 375 m
Hole Depth: 404.4 m
Intercept Depth: 16 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: MTZ001:372.6-375
Mining Method: underground

Location

Location: Midas Lode
Easting: 392572
Northing: 6617045
CRS: GDA2020/UTM Zone 56
EPSG: 28356
Elevation: 2002 m
Azimuth: 220 °
Dip: -72 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Intertek Minerals Townsville (QLD)
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Deleterious

Deleterious Flag: Yes
Deleterious Elements: arsenic, antimony

Metal Equivalent

Metal Eq. Grade: 1.6
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t AuEq
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-10-11T00:00:00.000Z

Reasoning: This intercept shows a low grade and low grade-thickness product, indicating limited economic significance for this specific interval.

Positive factors

True width disclosed.
Transparent compositing parameters.
QA/QC disclosed.

Negative factors

Grade is below project average and 75th percentile for orogenic gold.
Grade is below the moderate threshold for orogenic gold (2.5 g/t).
Very low grade-thickness product (1.9 g/t AuEq*m).

Evidence · table

“1.60”

Context: 2.4

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.2

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

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MTZ002of the · goldGrade: 28.6Grade Unit: g/tIntercept: 0.5 mView all details

Link to this fact

Identity

Hole ID: MTZ002
Project: of the
Commodity: gold
Region: australia_nsw
Reported Region: australia_nsw
Ticker: LRV

Geometry

Grade: 28.6
Grade Unit: g/t
Intercept: 0.5 m
True Width: 0.1 m
From: 28.5 m
To: 29 m
Hole Depth: 288 m
Intercept Depth: 28.5 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: MTZ002:28.5-29
Mining Method: underground

Location

Location: Echidna Lode
Easting: 392571
Northing: 6617048
CRS: GDA2020/UTM Zone 56
EPSG: 28356
Elevation: 2002 m
Azimuth: 286 °
Dip: -56 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Intertek Minerals Townsville (QLD)
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Deleterious

Deleterious Flag: Yes
Deleterious Elements: arsenic, antimony

Metal Equivalent

Metal Eq. Grade: 28.6
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t AuEq
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-10-11T00:00:00.000Z

Reasoning: This intercept shows an exceptionally high grade, representing a bonanza grade discovery for the new Echidna Lode, despite its very narrow width.

Positive factors

Grade is significantly above project average and 75th percentile for orogenic gold.
True width disclosed.
Transparent compositing parameters.
QA/QC disclosed.

Negative factors

Very low grade-thickness product (2.9 g/t AuEq*m).

Evidence · table

“28.60”

Context: 0.5

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.1

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

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MTZ002of the · goldGrade: 2.52Grade Unit: g/tIntercept: 3 mView all details

Link to this fact

Identity

Hole ID: MTZ002
Project: of the
Commodity: gold
Region: australia_nsw
Reported Region: australia_nsw
Ticker: LRV

Geometry

Grade: 2.52
Grade Unit: g/t
Intercept: 3 m
True Width: 1 m
From: 39 m
To: 42 m
Hole Depth: 288 m
Intercept Depth: 28.5 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: MTZ002:39-42
Mining Method: underground

Location

Location: Echidna Lode
Easting: 392571
Northing: 6617048
CRS: GDA2020/UTM Zone 56
EPSG: 28356
Elevation: 2002 m
Azimuth: 286 °
Dip: -56 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Intertek Minerals Townsville (QLD)
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Deleterious

Deleterious Flag: Yes
Deleterious Elements: arsenic, antimony

Metal Equivalent

Metal Eq. Grade: 2.52
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t AuEq
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-10-11T00:00:00.000Z

Reasoning: This intercept, part of the new Echidna Lode, shows a moderate grade over a narrow width, indicating early-stage potential for this new discovery.

Positive factors

True width disclosed.
Transparent compositing parameters.
QA/QC disclosed.

Negative factors

Grade is below 75th percentile for orogenic gold.
Grade is below the moderate threshold for orogenic gold (2.5 g/t).
Very low grade-thickness product (2.5 g/t AuEq*m).

Evidence · table

“2.52”

Context: 3

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1

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

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MTZ002of the · goldGrade: 15.45Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: MTZ002
Project: of the
Commodity: gold
Region: australia_nsw
Reported Region: australia_nsw
Ticker: LRV

Geometry

Grade: 15.45
Grade Unit: g/t
Intercept: 1 m
True Width: 0.3 m
From: 44.5 m
To: 45.5 m
Hole Depth: 288 m
Intercept Depth: 28.5 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: MTZ002:44.5-45.5
Mining Method: underground

Location

Location: Echidna Lode
Easting: 392571
Northing: 6617048
CRS: GDA2020/UTM Zone 56
EPSG: 28356
Elevation: 2002 m
Azimuth: 286 °
Dip: -56 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Intertek Minerals Townsville (QLD)
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Deleterious

Deleterious Flag: Yes
Deleterious Elements: arsenic, antimony

Metal Equivalent

Metal Eq. Grade: 15.45
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t AuEq
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-10-11T00:00:00.000Z

Reasoning: This intercept shows an exceptionally high grade, representing a bonanza grade discovery for the new Echidna Lode, despite its very narrow width.

Positive factors

Grade is significantly above project average and 75th percentile for orogenic gold.
True width disclosed.
Transparent compositing parameters.
QA/QC disclosed.

Negative factors

Very low grade-thickness product (4.6 g/t AuEq*m).

Evidence · table

“15.45”

Context: 1

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.3

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

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MTZ002of the · goldGrade: 5.39Grade Unit: g/tIntercept: 7.4 mView all details

Link to this fact

Identity

Hole ID: MTZ002
Project: of the
Commodity: gold
Region: australia_nsw
Reported Region: australia_nsw
Ticker: LRV

Geometry

Grade: 5.39
Grade Unit: g/t
Intercept: 7.4 m
True Width: 2.5 m
From: 53 m
To: 60.4 m
Hole Depth: 288 m
Intercept Depth: 28.5 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: MTZ002:53-60.4
Mining Method: underground

Location

Location: Echidna Lode
Easting: 392571
Northing: 6617048
CRS: GDA2020/UTM Zone 56
EPSG: 28356
Elevation: 2002 m
Azimuth: 286 °
Dip: -56 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Intertek Minerals Townsville (QLD)
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Deleterious

Deleterious Flag: Yes
Deleterious Elements: arsenic, antimony

Metal Equivalent

Metal Eq. Grade: 5.39
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t AuEq
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-10-11T00:00:00.000Z

Reasoning: This intercept, part of the new Echidna Lode, shows a moderate grade over a good width, indicating promising early-stage potential for this new discovery.

Positive factors

Grade-thickness product (13.5 g/t AuEq*m) is above the weak threshold.
True width disclosed.
Transparent compositing parameters.
QA/QC disclosed.

Negative factors

Grade is below 75th percentile for orogenic gold.

Evidence · table

“5.39”

Context: 7.4

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.5

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

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MTZ002of the · goldGrade: 9.8Grade Unit: g/tIntercept: 3.8 mView all details

Link to this fact

Identity

Hole ID: MTZ002
Project: of the
Commodity: gold
Region: australia_nsw
Reported Region: australia_nsw
Ticker: LRV

Geometry

Grade: 9.8
Grade Unit: g/t
Intercept: 3.8 m
True Width: 1.3 m
From: 53.8 m
To: 57.6 m
Hole Depth: 288 m
Intercept Depth: 28.5 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: MTZ002:53.8-57.6
Mining Method: underground

Location

Location: Echidna Lode
Easting: 392571
Northing: 6617048
CRS: GDA2020/UTM Zone 56
EPSG: 28356
Elevation: 2002 m
Azimuth: 286 °
Dip: -56 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Intertek Minerals Townsville (QLD)
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Deleterious

Deleterious Flag: Yes
Deleterious Elements: arsenic, antimony

Metal Equivalent

Metal Eq. Grade: 9.8
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t AuEq
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-10-11T00:00:00.000Z

Reasoning: This sub-interval, part of the new Echidna Lode, shows a high grade over a narrow width, indicating promising early-stage potential for this new discovery.

Positive factors

Grade is above 75th percentile for orogenic gold.
Grade-thickness product (12.7 g/t AuEq*m) is above the weak threshold.
True width disclosed.
Transparent compositing parameters.
QA/QC disclosed.

Evidence · table

“9.80”

Context: 3.8

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.3

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

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MTZ002of the · goldGrade: 6.69Grade Unit: g/tIntercept: 11.2 mView all details

Link to this fact

Identity

Hole ID: MTZ002
Project: of the
Commodity: gold
Region: australia_nsw
Reported Region: australia_nsw
Ticker: LRV

Geometry

Grade: 6.69
Grade Unit: g/t
Intercept: 11.2 m
True Width: 3.7 m
From: 63 m
To: 74.2 m
Hole Depth: 288 m
Intercept Depth: 28.5 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: MTZ002:63-74.2
Mining Method: underground

Location

Location: Echidna Lode
Easting: 392571
Northing: 6617048
CRS: GDA2020/UTM Zone 56
EPSG: 28356
Elevation: 2002 m
Azimuth: 286 °
Dip: -56 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Intertek Minerals Townsville (QLD)
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Deleterious

Deleterious Flag: Yes
Deleterious Elements: arsenic, antimony

Metal Equivalent

Metal Eq. Grade: 6.69
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t AuEq
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-10-11T00:00:00.000Z

Reasoning: This intercept represents a significant new discovery for the Echidna Lode, showing high-grade mineralization over a good width, indicating strong potential for resource growth.

Positive factors

Grade is above 75th percentile for orogenic gold.
Grade-thickness product (24.8 g/t AuEq*m) is above the weak threshold.
True width disclosed.
Transparent compositing parameters.
QA/QC disclosed.

Evidence · table

“6.69”

Context: 11.2

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 3.7

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

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MTZ002of the · goldGrade: 17.51Grade Unit: g/tIntercept: 3.2 mView all details

Link to this fact

Identity

Hole ID: MTZ002
Project: of the
Commodity: gold
Region: australia_nsw
Reported Region: australia_nsw
Ticker: LRV

Geometry

Grade: 17.51
Grade Unit: g/t
Intercept: 3.2 m
True Width: 1.1 m
From: 71 m
To: 74.2 m
Hole Depth: 288 m
Intercept Depth: 28.5 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: MTZ002:71-74.2
Mining Method: underground

Location

Location: Echidna Lode
Easting: 392571
Northing: 6617048
CRS: GDA2020/UTM Zone 56
EPSG: 28356
Elevation: 2002 m
Azimuth: 286 °
Dip: -56 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Intertek Minerals Townsville (QLD)
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Deleterious

Deleterious Flag: Yes
Deleterious Elements: arsenic, antimony

Metal Equivalent

Metal Eq. Grade: 17.51
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t AuEq
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-10-11T00:00:00.000Z

Reasoning: This sub-interval, part of the new Echidna Lode, shows an exceptionally high grade over a narrow width, indicating strong potential for high-grade shoots within this new discovery.

Positive factors

Grade is significantly above project average and 75th percentile for orogenic gold.
Grade-thickness product (19.3 g/t AuEq*m) is above the weak threshold.
True width disclosed.
Transparent compositing parameters.
QA/QC disclosed.

Evidence · table

“17.51”

Context: 3.2

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.1

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

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MTZ002of the · goldGrade: 6Grade Unit: g/tIntercept: 4 mView all details

Link to this fact

Identity

Hole ID: MTZ002
Project: of the
Commodity: gold
Region: australia_nsw
Reported Region: australia_nsw
Ticker: LRV

Geometry

Grade: 6
Grade Unit: g/t
Intercept: 4 m
True Width: 3.1 m
From: 210 m
To: 214 m
Hole Depth: 288 m
Intercept Depth: 28.5 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: MTZ002:210-214
Mining Method: underground

Location

Location: Midas Lode
Easting: 392571
Northing: 6617048
CRS: GDA2020/UTM Zone 56
EPSG: 28356
Elevation: 2002 m
Azimuth: 286 °
Dip: -56 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Intertek Minerals Townsville (QLD)
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Deleterious

Deleterious Flag: Yes
Deleterious Elements: arsenic, antimony

Metal Equivalent

Metal Eq. Grade: 6
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t AuEq
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-10-11T00:00:00.000Z

Reasoning: This intercept shows a high grade over a moderate width, contributing positively to the overall resource potential and confirming continuity within the Midas Lode.

Positive factors

Grade is above 75th percentile for orogenic gold.
Grade-thickness product (18.6 g/t AuEq*m) is above the weak threshold.
True width disclosed.
Transparent compositing parameters.
QA/QC disclosed.

Evidence · table

“6.00”

Context: 4

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 3.1

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

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MTZ002of the · goldGrade: 6.73Grade Unit: g/tIntercept: 20 mView all details

Link to this fact

Identity

Hole ID: MTZ002
Project: of the
Commodity: gold
Region: australia_nsw
Reported Region: australia_nsw
Ticker: LRV

Geometry

Grade: 6.73
Grade Unit: g/t
Intercept: 20 m
True Width: 14 m
From: 218 m
To: 238 m
Hole Depth: 288 m
Intercept Depth: 28.5 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: MTZ002:218-238
Mining Method: underground

Location

Location: Midas Lode
Easting: 392571
Northing: 6617048
CRS: GDA2020/UTM Zone 56
EPSG: 28356
Elevation: 2002 m
Azimuth: 286 °
Dip: -56 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Intertek Minerals Townsville (QLD)
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Deleterious

Deleterious Flag: Yes
Deleterious Elements: arsenic, antimony

Metal Equivalent

Metal Eq. Grade: 6.73
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t AuEq
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-10-11T00:00:00.000Z

Reasoning: This intercept represents a broad, high-grade zone with a strong grade-thickness product, significantly contributing to the overall resource potential and confirming continuity within the Midas Lode.

Positive factors

Grade is above 75th percentile for orogenic gold.
Grade-thickness product (94.2 g/t AuEq*m) is above the moderate threshold.
True width disclosed.
Transparent compositing parameters.
QA/QC disclosed.

Evidence · table

“6.73”

Context: 20

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 14

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

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MTZ002of the · goldGrade: 11.82Grade Unit: g/tIntercept: 8 mView all details

Link to this fact

Identity

Hole ID: MTZ002
Project: of the
Commodity: gold
Region: australia_nsw
Reported Region: australia_nsw
Ticker: LRV

Geometry

Grade: 11.82
Grade Unit: g/t
Intercept: 8 m
True Width: 5.6 m
From: 220 m
To: 228 m
Hole Depth: 288 m
Intercept Depth: 28.5 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: MTZ002:220-228
Mining Method: underground

Location

Location: Midas Lode
Easting: 392571
Northing: 6617048
CRS: GDA2020/UTM Zone 56
EPSG: 28356
Elevation: 2002 m
Azimuth: 286 °
Dip: -56 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Intertek Minerals Townsville (QLD)
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Deleterious

Deleterious Flag: Yes
Deleterious Elements: arsenic, antimony

Metal Equivalent

Metal Eq. Grade: 11.82
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t AuEq
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-10-11T00:00:00.000Z

Reasoning: This sub-interval shows a high grade over a significant width, contributing positively to the overall resource potential and confirming continuity within the Midas Lode.

Positive factors

Grade is significantly above project average and 75th percentile for orogenic gold.
Grade-thickness product (66.2 g/t AuEq*m) is above the moderate threshold.
True width disclosed.
Transparent compositing parameters.
QA/QC disclosed.

Evidence · table

“11.82”

Context: 8

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 5.6

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

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MTZ002of the · goldGrade: 13.82Grade Unit: g/tIntercept: 2 mView all details

Link to this fact

Identity

Hole ID: MTZ002
Project: of the
Commodity: gold
Region: australia_nsw
Reported Region: australia_nsw
Ticker: LRV

Geometry

Grade: 13.82
Grade Unit: g/t
Intercept: 2 m
True Width: 1.4 m
From: 231 m
To: 233 m
Hole Depth: 288 m
Intercept Depth: 28.5 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: MTZ002:231-233
Mining Method: underground

Location

Location: Midas Lode
Easting: 392571
Northing: 6617048
CRS: GDA2020/UTM Zone 56
EPSG: 28356
Elevation: 2002 m
Azimuth: 286 °
Dip: -56 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Intertek Minerals Townsville (QLD)
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Deleterious

Deleterious Flag: Yes
Deleterious Elements: arsenic, antimony

Metal Equivalent

Metal Eq. Grade: 13.82
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t AuEq
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-10-11T00:00:00.000Z

Reasoning: This sub-interval shows a high grade over a narrow width, contributing positively to the overall resource potential and confirming continuity within the Midas Lode.

Positive factors

Grade is significantly above project average and 75th percentile for orogenic gold.
Grade-thickness product (19.3 g/t AuEq*m) is above the weak threshold.
True width disclosed.
Transparent compositing parameters.
QA/QC disclosed.

Evidence · table

“13.82”

Context: 2

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.4

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

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MTZ002of the · goldGrade: 2.72Grade Unit: g/tIntercept: 6 mView all details

Link to this fact

Identity

Hole ID: MTZ002
Project: of the
Commodity: gold
Region: australia_nsw
Reported Region: australia_nsw
Ticker: LRV

Geometry

Grade: 2.72
Grade Unit: g/t
Intercept: 6 m
True Width: 5 m
From: 242 m
To: 248 m
Hole Depth: 288 m
Intercept Depth: 28.5 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: MTZ002:242-248
Mining Method: underground

Location

Location: Midas Lode
Easting: 392571
Northing: 6617048
CRS: GDA2020/UTM Zone 56
EPSG: 28356
Elevation: 2002 m
Azimuth: 286 °
Dip: -56 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Intertek Minerals Townsville (QLD)
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Deleterious

Deleterious Flag: Yes
Deleterious Elements: arsenic, antimony

Metal Equivalent

Metal Eq. Grade: 2.72
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t AuEq
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-10-11T00:00:00.000Z

Reasoning: This intercept shows a moderate grade over a good width, indicating some continuity but limited high-grade potential for this specific interval.

Positive factors

Grade-thickness product (13.6 g/t AuEq*m) is above the weak threshold.
True width disclosed.
Transparent compositing parameters.
QA/QC disclosed.

Negative factors

Grade is below 75th percentile for orogenic gold.

Evidence · table

“2.72”

Context: 6

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 5

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

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

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.