# LRV: High-Grade Blacklode and Midas Intercepts Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/lrv-high-grade-blacklode-and-midas-intercepts--9bc72ed2-053a-4444-8db9-e66bd48ea257 Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03151014 Publisher: asx Original announcement: 2026-10-11T22:19:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-11T23:23:08.580Z Atlas analysis updated: 2026-10-11T23:23:08.580Z - 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 Narrative sentiment: 0.90 · Bullish ## Minestarters Atlas 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 factor: High-grade intercepts reported, including bonanza grades up to 28.6 g/t AuEq. - Positive factor: Broad mineralization confirmed with intercepts up to 20.5m true width. - Positive factor: New high-grade Echidna Lode discovered, expanding the mineralized footprint. - Positive factor: Continuity of multiple lode systems \(Blacklode, Midas, Endurance\) demonstrated. - Positive factor: Company's geological and structural interpretation validated by successful targeting. - Positive factor: Multiple diamond rigs operating, indicating an active and well-funded exploration program. - Positive factor: Advancing towards a maiden Mineral Resource Estimate \(MRE\) at Midas. - Positive factor: True width disclosed for most significant intercepts, enhancing confidence in geometry. - Positive factor: Transparent compositing parameters \(cut-off grade and internal dilution\) clearly stated. - Positive factor: Comprehensive QA/QC procedures disclosed, including certified lab, QP sign-off, and various methods. - Negative factor: Gold mineralization is predominantly refractory, associated with arsenopyrite, which may imply complex processing. - Negative factor: Echidna Lode true width estimation was challenged by drill orientation, requiring further definition. Facts used in scoring: 28 ## Classification and evidence **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: The document explicitly states '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 Extension** Polarity: positive Definition: 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 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 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 Transparent** Polarity: positive Definition: 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 Ore** Polarity: negative Definition: 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 Present** Polarity: negative Definition: 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 Drilling** Polarity: neutral Definition: 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 Intercept** Polarity: positive Definition: 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) ### BLK119 [Link to this fact](https://atlas-staging.minestarters.com/news/lrv-high-grade-blacklode-and-midas-intercepts--9bc72ed2-053a-4444-8db9-e66bd48ea257#fact-drill-facts-0) was designed to test the down-plunge continuation of the Midas Gully · gold #### 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 factor: True width disclosed. - Positive factor: Transparent compositing parameters. - Positive factor: QA/QC disclosed. - Negative factor: Grade is below project average and 75th percentile for orogenic gold. - Negative factor: Low grade-thickness product \(7.1 g/t AuEq\*m\). Evidence · table > 1.29 Context: 11 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 5.5 **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 **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### BLK119 [Link to this fact](https://atlas-staging.minestarters.com/news/lrv-high-grade-blacklode-and-midas-intercepts--9bc72ed2-053a-4444-8db9-e66bd48ea257#fact-drill-facts-1) was designed to test the down-plunge continuation of the Midas Gully · gold #### 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 factor: True width disclosed. - Positive factor: Transparent compositing parameters. - Positive factor: QA/QC disclosed. - Negative factor: Grade is below project average and 75th percentile for orogenic gold. - Negative factor: Very low grade-thickness product \(3.2 g/t AuEq\*m\). Evidence · table > 3.23 Context: 2 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 1 **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 **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### BLK120 [Link to this fact](https://atlas-staging.minestarters.com/news/lrv-high-grade-blacklode-and-midas-intercepts--9bc72ed2-053a-4444-8db9-e66bd48ea257#fact-drill-facts-2) Hillgrove Antimony-Gold · gold #### 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 factor: True width disclosed. - Positive factor: Transparent compositing parameters. - Positive factor: QA/QC disclosed. - Negative factor: Grade is below 75th percentile for orogenic gold. - Negative factor: Very low grade-thickness product \(2.2 g/t AuEq\*m\). Evidence · table > 4.39 Context: 1 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.5 **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 **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### BLK120 [Link to this fact](https://atlas-staging.minestarters.com/news/lrv-high-grade-blacklode-and-midas-intercepts--9bc72ed2-053a-4444-8db9-e66bd48ea257#fact-drill-facts-3) Hillgrove Antimony-Gold · gold #### 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 factor: True width disclosed. - Positive factor: Transparent compositing parameters. - Positive factor: QA/QC disclosed. - Positive factor: Grade-thickness product \(11.0 g/t AuEq\*m\) is above the weak threshold. - Negative factor: Grade is below project average and 75th percentile for orogenic gold. Evidence · table > 1.47 Context: 14.5 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 7.5 **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 **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### BLK120 [Link to this fact](https://atlas-staging.minestarters.com/news/lrv-high-grade-blacklode-and-midas-intercepts--9bc72ed2-053a-4444-8db9-e66bd48ea257#fact-drill-facts-4) Hillgrove Antimony-Gold · gold #### 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 factor: True width disclosed. - Positive factor: Transparent compositing parameters. - Positive factor: QA/QC disclosed. - Negative factor: Grade is below 75th percentile for orogenic gold. - Negative factor: Low grade-thickness product \(8.1 g/t AuEq\*m\). Evidence · table > 3.54 Context: 4.4 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 2.3 **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 **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### BLK120 [Link to this fact](https://atlas-staging.minestarters.com/news/lrv-high-grade-blacklode-and-midas-intercepts--9bc72ed2-053a-4444-8db9-e66bd48ea257#fact-drill-facts-5) Hillgrove Antimony-Gold · gold #### 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 factor: Grade is above 75th percentile for orogenic gold. - Positive factor: True width disclosed. - Positive factor: Transparent compositing parameters. - Positive factor: QA/QC disclosed. - Negative factor: Very low grade-thickness product \(2.0 g/t AuEq\*m\). Evidence · table > 6.73 Context: 0.7 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.3 **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 **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### BLK120 [Link to this fact](https://atlas-staging.minestarters.com/news/lrv-high-grade-blacklode-and-midas-intercepts--9bc72ed2-053a-4444-8db9-e66bd48ea257#fact-drill-facts-6) Hillgrove Antimony-Gold · gold #### 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 factor: True width disclosed. - Positive factor: Transparent compositing parameters. - Positive factor: QA/QC disclosed. - Negative factor: Grade is below 75th percentile for orogenic gold. - Negative factor: Very low grade-thickness product \(3.7 g/t AuEq\*m\). Evidence · table > 5.30 Context: 1.3 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.7 **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 **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### BLK120 [Link to this fact](https://atlas-staging.minestarters.com/news/lrv-high-grade-blacklode-and-midas-intercepts--9bc72ed2-053a-4444-8db9-e66bd48ea257#fact-drill-facts-7) Hillgrove Antimony-Gold · gold #### 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 factor: Grade is above 75th percentile for orogenic gold. - Positive factor: Grade-thickness product \(141.0 g/t AuEq\*m\) is above the strong threshold. - Positive factor: True width disclosed. - Positive factor: Transparent compositing parameters. - Positive factor: QA/QC disclosed. Evidence · table > 9.40 Context: 20.5 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 15 **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 **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### BLK120 [Link to this fact](https://atlas-staging.minestarters.com/news/lrv-high-grade-blacklode-and-midas-intercepts--9bc72ed2-053a-4444-8db9-e66bd48ea257#fact-drill-facts-8) Hillgrove Antimony-Gold · gold #### 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 factor: Bonanza Intercept: Exceptionally high-grade zone, well above the deposit-type norm. - Positive factor: Grade is significantly above project average and 75th percentile for orogenic gold. - Positive factor: Grade-thickness product \(122.4 g/t AuEq\*m\) is above the strong threshold. - Positive factor: True width disclosed. - Positive factor: Transparent compositing parameters. - Positive factor: QA/QC disclosed. Evidence · table > 27.19 Context: 6.2 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 4.5 **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 **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### MTZ001 [Link to this fact](https://atlas-staging.minestarters.com/news/lrv-high-grade-blacklode-and-midas-intercepts--9bc72ed2-053a-4444-8db9-e66bd48ea257#fact-drill-facts-9) Hillgrove Antimony-Gold · gold #### 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 factor: True width disclosed. - Positive factor: Transparent compositing parameters. - Positive factor: QA/QC disclosed. - Negative factor: Grade is below project average and 75th percentile for orogenic gold. - Negative factor: Very low grade-thickness product \(1.7 g/t AuEq\*m\). Evidence · table > 2.36 Context: 1.4 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.7 **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 **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### MTZ001 [Link to this fact](https://atlas-staging.minestarters.com/news/lrv-high-grade-blacklode-and-midas-intercepts--9bc72ed2-053a-4444-8db9-e66bd48ea257#fact-drill-facts-10) Hillgrove Antimony-Gold · gold #### 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 factor: Grade is significantly above project average and 75th percentile for orogenic gold. - Positive factor: Grade-thickness product \(23.3 g/t AuEq\*m\) is above the weak threshold. - Positive factor: True width disclosed. - Positive factor: Transparent compositing parameters. - Positive factor: QA/QC disclosed. Evidence · table > 13.70 Context: 3.4 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 1.7 **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 **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### MTZ001 [Link to this fact](https://atlas-staging.minestarters.com/news/lrv-high-grade-blacklode-and-midas-intercepts--9bc72ed2-053a-4444-8db9-e66bd48ea257#fact-drill-facts-11) Hillgrove Antimony-Gold · gold #### 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 factor: Grade is significantly above project average and 75th percentile for orogenic gold. - Positive factor: Grade-thickness product \(15.0 g/t AuEq\*m\) is above the weak threshold. - Positive factor: True width disclosed. - Positive factor: Transparent compositing parameters. - Positive factor: QA/QC disclosed. Evidence · table > 14.96 Context: 2 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 1 **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 **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### MTZ001 [Link to this fact](https://atlas-staging.minestarters.com/news/lrv-high-grade-blacklode-and-midas-intercepts--9bc72ed2-053a-4444-8db9-e66bd48ea257#fact-drill-facts-12) Hillgrove Antimony-Gold · gold #### 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 factor: Grade is significantly above project average and 75th percentile for orogenic gold. - Positive factor: True width disclosed. - Positive factor: Transparent compositing parameters. - Positive factor: QA/QC disclosed. - Negative factor: Very low grade-thickness product \(2.2 g/t AuEq\*m\). Evidence · table > 11.16 Context: 0.4 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.2 **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 **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### MTZ001 [Link to this fact](https://atlas-staging.minestarters.com/news/lrv-high-grade-blacklode-and-midas-intercepts--9bc72ed2-053a-4444-8db9-e66bd48ea257#fact-drill-facts-13) Hillgrove Antimony-Gold · gold #### 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 factor: True width disclosed. - Positive factor: Transparent compositing parameters. - Positive factor: QA/QC disclosed. - Negative factor: Grade is below 75th percentile for orogenic gold. - Negative factor: Very low grade-thickness product \(2.7 g/t AuEq\*m\). Evidence · table > 5.32 Context: 1 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.5 **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 **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### MTZ001 [Link to this fact](https://atlas-staging.minestarters.com/news/lrv-high-grade-blacklode-and-midas-intercepts--9bc72ed2-053a-4444-8db9-e66bd48ea257#fact-drill-facts-14) Hillgrove Antimony-Gold · gold #### 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 factor: True width disclosed. - Positive factor: Transparent compositing parameters. - Positive factor: QA/QC disclosed. - Negative factor: Grade is below project average and 75th percentile for orogenic gold. - Negative factor: Grade is below the moderate threshold for orogenic gold \(2.5 g/t\). - Negative factor: Very low grade-thickness product \(2.0 g/t AuEq\*m\). Evidence · table > 0.99 Context: 4 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 2 **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 **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### MTZ001 [Link to this fact](https://atlas-staging.minestarters.com/news/lrv-high-grade-blacklode-and-midas-intercepts--9bc72ed2-053a-4444-8db9-e66bd48ea257#fact-drill-facts-15) Hillgrove Antimony-Gold · gold #### 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 factor: True width disclosed. - Positive factor: Transparent compositing parameters. - Positive factor: QA/QC disclosed. - Negative factor: Grade is below project average and 75th percentile for orogenic gold. - Negative factor: Grade is below the moderate threshold for orogenic gold \(2.5 g/t\). - Negative factor: Very low grade-thickness product \(1.9 g/t AuEq\*m\). Evidence · table > 1.60 Context: 2.4 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 1.2 **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 **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### MTZ002 [Link to this fact](https://atlas-staging.minestarters.com/news/lrv-high-grade-blacklode-and-midas-intercepts--9bc72ed2-053a-4444-8db9-e66bd48ea257#fact-drill-facts-16) of the · gold #### 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 factor: Grade is significantly above project average and 75th percentile for orogenic gold. - Positive factor: True width disclosed. - Positive factor: Transparent compositing parameters. - Positive factor: QA/QC disclosed. - Negative factor: Very low grade-thickness product \(2.9 g/t AuEq\*m\). Evidence · table > 28.60 Context: 0.5 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.1 **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 **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### MTZ002 [Link to this fact](https://atlas-staging.minestarters.com/news/lrv-high-grade-blacklode-and-midas-intercepts--9bc72ed2-053a-4444-8db9-e66bd48ea257#fact-drill-facts-17) of the · gold #### 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 factor: True width disclosed. - Positive factor: Transparent compositing parameters. - Positive factor: QA/QC disclosed. - Negative factor: Grade is below 75th percentile for orogenic gold. - Negative factor: Grade is below the moderate threshold for orogenic gold \(2.5 g/t\). - Negative factor: Very low grade-thickness product \(2.5 g/t AuEq\*m\). Evidence · table > 2.52 Context: 3 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 1 **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 **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### MTZ002 [Link to this fact](https://atlas-staging.minestarters.com/news/lrv-high-grade-blacklode-and-midas-intercepts--9bc72ed2-053a-4444-8db9-e66bd48ea257#fact-drill-facts-18) of the · gold #### 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 factor: Grade is significantly above project average and 75th percentile for orogenic gold. - Positive factor: True width disclosed. - Positive factor: Transparent compositing parameters. - Positive factor: QA/QC disclosed. - Negative factor: Very low grade-thickness product \(4.6 g/t AuEq\*m\). Evidence · table > 15.45 Context: 1 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.3 **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 **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### MTZ002 [Link to this fact](https://atlas-staging.minestarters.com/news/lrv-high-grade-blacklode-and-midas-intercepts--9bc72ed2-053a-4444-8db9-e66bd48ea257#fact-drill-facts-19) of the · gold #### 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 factor: Grade-thickness product \(13.5 g/t AuEq\*m\) is above the weak threshold. - Positive factor: True width disclosed. - Positive factor: Transparent compositing parameters. - Positive factor: QA/QC disclosed. - Negative factor: Grade is below 75th percentile for orogenic gold. Evidence · table > 5.39 Context: 7.4 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 2.5 **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 **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### MTZ002 [Link to this fact](https://atlas-staging.minestarters.com/news/lrv-high-grade-blacklode-and-midas-intercepts--9bc72ed2-053a-4444-8db9-e66bd48ea257#fact-drill-facts-20) of the · gold #### 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 factor: Grade is above 75th percentile for orogenic gold. - Positive factor: Grade-thickness product \(12.7 g/t AuEq\*m\) is above the weak threshold. - Positive factor: True width disclosed. - Positive factor: Transparent compositing parameters. - Positive factor: QA/QC disclosed. Evidence · table > 9.80 Context: 3.8 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 1.3 **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 **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### MTZ002 [Link to this fact](https://atlas-staging.minestarters.com/news/lrv-high-grade-blacklode-and-midas-intercepts--9bc72ed2-053a-4444-8db9-e66bd48ea257#fact-drill-facts-21) of the · gold #### 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 factor: Grade is above 75th percentile for orogenic gold. - Positive factor: Grade-thickness product \(24.8 g/t AuEq\*m\) is above the weak threshold. - Positive factor: True width disclosed. - Positive factor: Transparent compositing parameters. - Positive factor: QA/QC disclosed. Evidence · table > 6.69 Context: 11.2 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 3.7 **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 **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### MTZ002 [Link to this fact](https://atlas-staging.minestarters.com/news/lrv-high-grade-blacklode-and-midas-intercepts--9bc72ed2-053a-4444-8db9-e66bd48ea257#fact-drill-facts-22) of the · gold #### 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 factor: Grade is significantly above project average and 75th percentile for orogenic gold. - Positive factor: Grade-thickness product \(19.3 g/t AuEq\*m\) is above the weak threshold. - Positive factor: True width disclosed. - Positive factor: Transparent compositing parameters. - Positive factor: QA/QC disclosed. Evidence · table > 17.51 Context: 3.2 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 1.1 **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 **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### MTZ002 [Link to this fact](https://atlas-staging.minestarters.com/news/lrv-high-grade-blacklode-and-midas-intercepts--9bc72ed2-053a-4444-8db9-e66bd48ea257#fact-drill-facts-23) of the · gold #### 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 factor: Grade is above 75th percentile for orogenic gold. - Positive factor: Grade-thickness product \(18.6 g/t AuEq\*m\) is above the weak threshold. - Positive factor: True width disclosed. - Positive factor: Transparent compositing parameters. - Positive factor: QA/QC disclosed. Evidence · table > 6.00 Context: 4 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 3.1 **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 **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### MTZ002 [Link to this fact](https://atlas-staging.minestarters.com/news/lrv-high-grade-blacklode-and-midas-intercepts--9bc72ed2-053a-4444-8db9-e66bd48ea257#fact-drill-facts-24) of the · gold #### 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 factor: Grade is above 75th percentile for orogenic gold. - Positive factor: Grade-thickness product \(94.2 g/t AuEq\*m\) is above the moderate threshold. - Positive factor: True width disclosed. - Positive factor: Transparent compositing parameters. - Positive factor: QA/QC disclosed. Evidence · table > 6.73 Context: 20 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 14 **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 **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### MTZ002 [Link to this fact](https://atlas-staging.minestarters.com/news/lrv-high-grade-blacklode-and-midas-intercepts--9bc72ed2-053a-4444-8db9-e66bd48ea257#fact-drill-facts-25) of the · gold #### 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 factor: Grade is significantly above project average and 75th percentile for orogenic gold. - Positive factor: Grade-thickness product \(66.2 g/t AuEq\*m\) is above the moderate threshold. - Positive factor: True width disclosed. - Positive factor: Transparent compositing parameters. - Positive factor: QA/QC disclosed. Evidence · table > 11.82 Context: 8 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 5.6 **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 **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### MTZ002 [Link to this fact](https://atlas-staging.minestarters.com/news/lrv-high-grade-blacklode-and-midas-intercepts--9bc72ed2-053a-4444-8db9-e66bd48ea257#fact-drill-facts-26) of the · gold #### 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 factor: Grade is significantly above project average and 75th percentile for orogenic gold. - Positive factor: Grade-thickness product \(19.3 g/t AuEq\*m\) is above the weak threshold. - Positive factor: True width disclosed. - Positive factor: Transparent compositing parameters. - Positive factor: QA/QC disclosed. Evidence · table > 13.82 Context: 2 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 1.4 **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 **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### MTZ002 [Link to this fact](https://atlas-staging.minestarters.com/news/lrv-high-grade-blacklode-and-midas-intercepts--9bc72ed2-053a-4444-8db9-e66bd48ea257#fact-drill-facts-27) of the · gold #### 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 factor: Grade-thickness product \(13.6 g/t AuEq\*m\) is above the weak threshold. - Positive factor: True width disclosed. - Positive factor: Transparent compositing parameters. - Positive factor: QA/QC disclosed. - Negative factor: Grade is below 75th percentile for orogenic gold. Evidence · table > 2.72 Context: 6 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 5 **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 **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: 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.