LSA: Annual Report to shareholders
Original announcement by asx on
- Company
- Lachlan Star Limited
- Ticker
- LSA
- Exchange
- ASX
- Region
- Western Australia
- Primary commodity
- Gold
- Secondary commodities
- Copper, Nickel, Pge
- Document categories
- Drill results, Capital raise, Agreement transaction
- Extracted
- 2026-09-24 06:12:08 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Lachlan Star Limited reported a significant year marked by the acquisition and rapid advancement of the New Waverley Gold Project in Western Australia, yielding multiple shallow, high-grade gold intercepts from maiden and follow-up drilling. The company successfully completed two capital raises totaling $9.36 million, strengthening its balance sheet and funding ongoing exploration at New Waverley and other projects. While drilling at North Cobar did not intersect economic mineralization, the New Waverley discovery has reshaped the company's strategic focus, with mineralization remaining open along strike, down-plunge, and at depth.
Reasoning: Lachlan Star Limited reported significant high-grade gold intercepts from maiden and follow-up drilling at its newly acquired New Waverley Gold Project, indicating a potentially substantial gold system that remains open. This was supported by successful capital raises, a strengthened financial position, and a reduced net loss, marking a highly positive year for the company's exploration and growth strategy.
Positive factors
- High-grade gold intercepts
- Multiple new intercepts
- Mineralization open along strike, down-plunge, and at depth
- Successful capital raises providing strong funding
- Strategic acquisition of a high-potential project
- Reduced financial loss compared to prior year
- Increased cash position
- Competent Person sign-off on exploration results
Negative factors
- No true width reported for most drill intercepts
- No specific QA/QC methods (e.g., blanks, standards, duplicates) disclosed beyond CP statement
- No cut-off grades explicitly stated for drill results
- North Cobar drilling did not intersect significant economic mineralization
Low confidence — this extraction should be reviewed alongside the original source.
Facts used in scoring: 38
Classification and evidence
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: Multiple drill intercepts at New Waverley, such as 2.9m at 17.7g/t Au and 0.7m at 27.97g/t Au, exceed the exceptional threshold for gold in an open-pit setting.
Evidence · text
“2.9m at 17.7g/t Au (NWDD006)”
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: Follow-up RC drilling at New Waverley targeted extensions along strike and down-plunge, successfully extending known mineralization.
Evidence · text
“Drilling targeted known mineralisation and extensions along strike and down-plunge”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: The report includes a Competent Person Statement by Mr Alan Hawkins, indicating professional oversight of the exploration results.
Evidence · text
“The information in this report that relates to Exploration Results is based on and fairly represents information and supporting documentation prepared by Mr Alan Hawkins, who is a Competent Person”
Apparent Width Onlynegative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Why it applies: Drill intercepts are reported as downhole lengths without explicit true width or drill orientation information, which may overstate true thickness.
Evidence · text
“6.15m at 8.6g/t Au from 46.9m”
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: While a Competent Person is named, specific QA/QC methods such as blanks, standards, or duplicates are not detailed in the release, limiting verifiability of assay protocols.
Evidence · text
“The information in this report that relates to Exploration Results is based on and fairly represents information and supporting documentation prepared by Mr Alan Hawkins, who is a Competent Person”
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: No cut-off grades are stated for the reported drill intercepts, making it difficult to assess the economic significance of the intervals.
Evidence · text
“Significant results from this first round of drilling included: • 6.15m at 8.6g/t Au from 46.9m”
Maiden Resourceneutral · Story-specific tag
First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component.
Why it applies: The New Waverley Gold Project is undergoing maiden diamond and follow-up RC drilling, with the intent to progressively evaluate the resource potential, indicating it is at an early stage of resource definition.
Evidence · text
“Maiden Diamond Drilling and High-Grade Discovery”
Extracted facts
Stored fact records: 38. Some facts used in scoring do not have a stored record.
Drill Results (38)
NWDD006New Waverley · goldGrade: 8.6Grade Unit: g/tIntercept: 6.15 mView all detailsHide details
Identity
- Hole ID
- NWDD006
- Project
- New Waverley
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- LSA
Geometry
- Grade
- 8.6
- Grade Unit
- g/t
- Intercept
- 6.15 m
- From
- 46.9 m
- To
- 53.05 m
- Intercept Depth
- 16.5 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- NWDD006:46.9-53.05
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This intercept represents a bonanza-grade gold result from maiden drilling at a shallow depth, indicating significant mineralization potential at the newly acquired project.
Positive factors
- Bonanza Intercept
- High-grade gold intercept
- Shallow depth
- Maiden drilling program
Negative factors
- Apparent Width Only
Evidence · text
“6.15m at 8.6g/t Au from 46.9m, including 2.9m at 17.7g/t Au (NWDD006)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NWDD006New Waverley · goldGrade: 17.7Grade Unit: g/tIntercept: 2.9 mView all detailsHide details
Identity
- Hole ID
- NWDD006
- Project
- New Waverley
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- LSA
Geometry
- Grade
- 17.7
- Grade Unit
- g/t
- Intercept
- 2.9 m
- From
- 50.2 m
- To
- 53.1 m
- Intercept Depth
- 16.5 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- NWDD006:50.2-53.1
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This sub-interval shows exceptionally high-grade gold, further enhancing the significance of the overall intercept and indicating strong mineralization.
Positive factors
- Bonanza Intercept
- Exceptionally high-grade sub-interval
- Shallow depth
- Visible gold observed
Negative factors
- Apparent Width Only
Evidence · text
“including 2.9m at 17.7g/t Au (NWDD006)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NWDD013New Waverley · goldGrade: 2.65Grade Unit: g/tIntercept: 7.6 mView all detailsHide details
Identity
- Hole ID
- NWDD013
- Project
- New Waverley
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- LSA
Geometry
- Grade
- 2.65
- Grade Unit
- g/t
- Intercept
- 7.6 m
- From
- 18.5 m
- To
- 26.1 m
- Intercept Depth
- 16.5 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- NWDD013:18.5-26.1
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: A strong gold intercept from maiden drilling at a very shallow depth, contributing to the overall positive results from the new project.
Positive factors
- High-grade gold intercept
- Shallow depth
- Maiden drilling program
Negative factors
- Apparent Width Only
Evidence · text
“7.6m at 2.65g/t Au from 18.5m, including 0.7m at 27.97g/t Au (NWDD013)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NWDD013New Waverley · goldGrade: 27.97Grade Unit: g/tIntercept: 0.7 mView all detailsHide details
Identity
- Hole ID
- NWDD013
- Project
- New Waverley
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- LSA
Geometry
- Grade
- 27.97
- Grade Unit
- g/t
- Intercept
- 0.7 m
- From
- 24.4 m
- To
- 25.1 m
- Intercept Depth
- 16.5 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- NWDD013:24.4-25.1
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This sub-interval shows exceptionally high-grade gold, further enhancing the significance of the overall intercept and indicating strong mineralization.
Positive factors
- Bonanza Intercept
- Exceptionally high-grade sub-interval
- Shallow depth
- Visible gold observed
Negative factors
- Apparent Width Only
Evidence · text
“including 0.7m at 27.97g/t Au (NWDD013)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NWDD010New Waverley · goldGrade: 9.83Grade Unit: g/tIntercept: 1.6 mView all detailsHide details
Identity
- Hole ID
- NWDD010
- Project
- New Waverley
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- LSA
Geometry
- Grade
- 9.83
- Grade Unit
- g/t
- Intercept
- 1.6 m
- From
- 44.5 m
- To
- 46.1 m
- Intercept Depth
- 16.5 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- NWDD010:44.5-46.1
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: A high-grade gold intercept from maiden drilling at a shallow depth, contributing to the overall positive results from the new project.
Positive factors
- Bonanza Intercept
- High-grade gold intercept
- Shallow depth
- Maiden drilling program
Negative factors
- Apparent Width Only
Evidence · text
“1.6m at 9.83g/t Au from 44.5m, including 0.6m at 24.91g/t Au (NWDD010)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NWDD010New Waverley · goldGrade: 24.91Grade Unit: g/tIntercept: 0.6 mView all detailsHide details
Identity
- Hole ID
- NWDD010
- Project
- New Waverley
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- LSA
Geometry
- Grade
- 24.91
- Grade Unit
- g/t
- Intercept
- 0.6 m
- From
- 16.5 m
- To
- 17.1 m
- Intercept Depth
- 16.5 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- NWDD010:16.5-17.1
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This sub-interval shows exceptionally high-grade gold, further enhancing the significance of the overall intercept and indicating strong mineralization.
Positive factors
- Bonanza Intercept
- Exceptionally high-grade sub-interval
- Shallow depth
Negative factors
- Apparent Width Only
Evidence · text
“including 0.6m at 24.91g/t Au (NWDD010)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NWDD004New Waverley · goldGrade: 4.24Grade Unit: g/tIntercept: 4.6 mView all detailsHide details
Identity
- Hole ID
- NWDD004
- Project
- New Waverley
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- LSA
Geometry
- Grade
- 4.24
- Grade Unit
- g/t
- Intercept
- 4.6 m
- From
- 18.5 m
- To
- 23.1 m
- Intercept Depth
- 16.5 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- NWDD004:18.5-23.1
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: A strong gold intercept from maiden drilling at a very shallow depth, contributing to the overall positive results from the new project.
Positive factors
- High-grade gold intercept
- Shallow depth
- Maiden drilling program
Negative factors
- Apparent Width Only
Evidence · text
“4.6m at 4.24g/t Au from 18.5m, including 0.9m at 21.5g/t Au (NWDD004)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NWDD004New Waverley · goldGrade: 21.5Grade Unit: g/tIntercept: 0.9 mView all detailsHide details
Identity
- Hole ID
- NWDD004
- Project
- New Waverley
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- LSA
Geometry
- Grade
- 21.5
- Grade Unit
- g/t
- Intercept
- 0.9 m
- From
- 16.5 m
- To
- 17.4 m
- Intercept Depth
- 16.5 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- NWDD004:16.5-17.4
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This sub-interval shows exceptionally high-grade gold, further enhancing the significance of the overall intercept and indicating strong mineralization.
Positive factors
- Bonanza Intercept
- Exceptionally high-grade sub-interval
- Shallow depth
Negative factors
- Apparent Width Only
Evidence · text
“including 0.9m at 21.5g/t Au (NWDD004)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NWDD003New Waverley · goldGrade: 1.55Grade Unit: g/tIntercept: 7 mView all detailsHide details
Identity
- Hole ID
- NWDD003
- Project
- New Waverley
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- LSA
Geometry
- Grade
- 1.55
- Grade Unit
- g/t
- Intercept
- 7 m
- From
- 16.5 m
- To
- 23.5 m
- Intercept Depth
- 16.5 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- NWDD003:16.5-23.5
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: A moderate-grade gold intercept from maiden drilling at a very shallow depth, contributing to the overall positive results from the new project.
Positive factors
- Moderate-grade gold intercept
- Shallow depth
- Maiden drilling program
Negative factors
- Apparent Width Only
Evidence · text
“7.0m at 1.55g/t Au from 16.5m, including 1.7m at 5.48g/t Au (NWDD003)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NWDD003New Waverley · goldGrade: 5.48Grade Unit: g/tIntercept: 1.7 mView all detailsHide details
Identity
- Hole ID
- NWDD003
- Project
- New Waverley
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- LSA
Geometry
- Grade
- 5.48
- Grade Unit
- g/t
- Intercept
- 1.7 m
- From
- 16.5 m
- To
- 18.2 m
- Intercept Depth
- 16.5 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- NWDD003:16.5-18.2
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This sub-interval shows high-grade gold, enhancing the significance of the overall intercept and indicating strong mineralization.
Positive factors
- Bonanza Intercept
- High-grade sub-interval
- Shallow depth
Negative factors
- Apparent Width Only
Evidence · text
“including 1.7m at 5.48g/t Au (NWDD003)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NWRC052New Waverley · goldGrade: 4Grade Unit: g/tIntercept: 13 mView all detailsHide details
Identity
- Hole ID
- NWRC052
- Project
- New Waverley
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- LSA
Geometry
- Grade
- 4
- Grade Unit
- g/t
- Intercept
- 13 m
- From
- 46 m
- To
- 59 m
- Intercept Depth
- 46 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- NWRC052:46-59
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: A strong, broad gold intercept from follow-up RC drilling, confirming the continuity of high-grade mineralization at shallow depth.
Positive factors
- High-grade gold intercept
- Good intercept length
- Shallow depth
- Follow-up drilling confirming discovery
Negative factors
- Apparent Width Only
Evidence · text
“13m at 4.0g/t Au from 46m, including 3m at 15.2g/t Au from 52m (NWRC052)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NWRC052New Waverley · goldGrade: 15.2Grade Unit: g/tIntercept: 3 mView all detailsHide details
Identity
- Hole ID
- NWRC052
- Project
- New Waverley
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- LSA
Geometry
- Grade
- 15.2
- Grade Unit
- g/t
- Intercept
- 3 m
- From
- 52 m
- To
- 55 m
- Intercept Depth
- 46 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- NWRC052:52-55
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This sub-interval shows exceptionally high-grade gold, further enhancing the significance of the overall intercept and indicating strong mineralization.
Positive factors
- Bonanza Intercept
- Exceptionally high-grade sub-interval
- Shallow depth
Negative factors
- Apparent Width Only
Evidence · text
“including 3m at 15.2g/t Au from 52m (NWRC052)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NWRC051New Waverley · goldGrade: 6.61Grade Unit: g/tIntercept: 7 mView all detailsHide details
Identity
- Hole ID
- NWRC051
- Project
- New Waverley
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- LSA
Geometry
- Grade
- 6.61
- Grade Unit
- g/t
- Intercept
- 7 m
- From
- 46 m
- To
- 53 m
- Intercept Depth
- 46 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- NWRC051:46-53
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: A strong, broad gold intercept from follow-up RC drilling, confirming the continuity of high-grade mineralization at shallow depth.
Positive factors
- Bonanza Intercept
- High-grade gold intercept
- Good intercept length
- Shallow depth
- Follow-up drilling confirming discovery
Negative factors
- Apparent Width Only
Evidence · text
“7m at 6.61g/t Au from 46m, including 2m at 21.0g/t Au from 46m (NWRC051)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NWRC051New Waverley · goldGrade: 21Grade Unit: g/tIntercept: 2 mView all detailsHide details
Identity
- Hole ID
- NWRC051
- Project
- New Waverley
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- LSA
Geometry
- Grade
- 21
- Grade Unit
- g/t
- Intercept
- 2 m
- From
- 46 m
- To
- 48 m
- Intercept Depth
- 46 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- NWRC051:46-48
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This sub-interval shows exceptionally high-grade gold, further enhancing the significance of the overall intercept and indicating strong mineralization.
Positive factors
- Bonanza Intercept
- Exceptionally high-grade sub-interval
- Shallow depth
Negative factors
- Apparent Width Only
Evidence · text
“including 2m at 21.0g/t Au from 46m (NWRC051)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NWRC048New Waverley · goldGrade: 3.14Grade Unit: g/tIntercept: 13 mView all detailsHide details
Identity
- Hole ID
- NWRC048
- Project
- New Waverley
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- LSA
Geometry
- Grade
- 3.14
- Grade Unit
- g/t
- Intercept
- 13 m
- From
- 50 m
- To
- 63 m
- Intercept Depth
- 46 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- NWRC048:50-63
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: A strong, broad gold intercept from follow-up RC drilling, confirming the continuity of high-grade mineralization at shallow depth.
Positive factors
- High-grade gold intercept
- Good intercept length
- Shallow depth
- Follow-up drilling confirming discovery
Negative factors
- Apparent Width Only
Evidence · text
“13m at 3.14g/t Au from 50m, including 3m at 11.1g/t Au from 55m (NWRC048)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NWRC048New Waverley · goldGrade: 11.1Grade Unit: g/tIntercept: 3 mView all detailsHide details
Identity
- Hole ID
- NWRC048
- Project
- New Waverley
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- LSA
Geometry
- Grade
- 11.1
- Grade Unit
- g/t
- Intercept
- 3 m
- From
- 55 m
- To
- 58 m
- Intercept Depth
- 46 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- NWRC048:55-58
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This sub-interval shows high-grade gold, further enhancing the significance of the overall intercept and indicating strong mineralization.
Positive factors
- Bonanza Intercept
- High-grade sub-interval
- Shallow depth
Negative factors
- Apparent Width Only
Evidence · text
“including 3m at 11.1g/t Au from 55m (NWRC048)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NWRC050New Waverley · goldGrade: 4.42Grade Unit: g/tIntercept: 8 mView all detailsHide details
Identity
- Hole ID
- NWRC050
- Project
- New Waverley
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- LSA
Geometry
- Grade
- 4.42
- Grade Unit
- g/t
- Intercept
- 8 m
- From
- 46 m
- To
- 54 m
- Intercept Depth
- 46 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- NWRC050:46-54
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: A strong, broad gold intercept from follow-up RC drilling, confirming the continuity of high-grade mineralization at shallow depth.
Positive factors
- High-grade gold intercept
- Good intercept length
- Shallow depth
- Follow-up drilling confirming discovery
Negative factors
- Apparent Width Only
Evidence · text
“8m at 4.42g/t Au from 46m, including 5m at 7.0g/t Au from 49m (NWRC050)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NWRC050New Waverley · goldGrade: 7Grade Unit: g/tIntercept: 5 mView all detailsHide details
Identity
- Hole ID
- NWRC050
- Project
- New Waverley
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- LSA
Geometry
- Grade
- 7
- Grade Unit
- g/t
- Intercept
- 5 m
- From
- 49 m
- To
- 54 m
- Intercept Depth
- 46 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- NWRC050:49-54
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This sub-interval shows high-grade gold, further enhancing the significance of the overall intercept and indicating strong mineralization.
Positive factors
- Bonanza Intercept
- High-grade sub-interval
- Shallow depth
Negative factors
- Apparent Width Only
Evidence · text
“including 5m at 7.0g/t Au from 49m (NWRC050)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NWRC080New Waverley · goldGrade: 4.01Grade Unit: g/tIntercept: 12 mView all detailsHide details
Identity
- Hole ID
- NWRC080
- Project
- New Waverley
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- LSA
Geometry
- Grade
- 4.01
- Grade Unit
- g/t
- Intercept
- 12 m
- From
- 48 m
- To
- 60 m
- Intercept Depth
- 46 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- NWRC080:48-60
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: A strong, broad gold intercept from follow-up RC drilling, confirming the continuity of high-grade mineralization at shallow depth.
Positive factors
- High-grade gold intercept
- Good intercept length
- Shallow depth
- Follow-up drilling confirming discovery
Negative factors
- Apparent Width Only
Evidence · text
“12m at 4.01g/t Au from 48m, including 8m at 5.77g/t Au (NWRC080)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NWRC080New Waverley · goldGrade: 5.77Grade Unit: g/tIntercept: 8 mView all detailsHide details
Identity
- Hole ID
- NWRC080
- Project
- New Waverley
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- LSA
Geometry
- Grade
- 5.77
- Grade Unit
- g/t
- Intercept
- 8 m
- From
- 46 m
- To
- 54 m
- Intercept Depth
- 46 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- NWRC080:46-54
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This sub-interval shows high-grade gold, further enhancing the significance of the overall intercept and indicating strong mineralization.
Positive factors
- Bonanza Intercept
- High-grade sub-interval
- Shallow depth
Negative factors
- Apparent Width Only
Evidence · text
“including 8m at 5.77g/t Au (NWRC080)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NWRC079New Waverley · goldGrade: 3.31Grade Unit: g/tIntercept: 4 mView all detailsHide details
Identity
- Hole ID
- NWRC079
- Project
- New Waverley
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- LSA
Geometry
- Grade
- 3.31
- Grade Unit
- g/t
- Intercept
- 4 m
- From
- 52 m
- To
- 56 m
- Intercept Depth
- 46 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- NWRC079:52-56
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: A solid gold intercept from follow-up RC drilling, confirming mineralization at shallow depth.
Positive factors
- High-grade gold intercept
- Shallow depth
- Follow-up drilling confirming discovery
Negative factors
- Apparent Width Only
Evidence · text
“4m at 3.31g/t Au from 52m (NWRC079)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
KRC007Killaloe · goldGrade: 2.11Grade Unit: g/tIntercept: 9 mView all detailsHide details
Identity
- Hole ID
- KRC007
- Project
- Killaloe
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- LSA
Geometry
- Grade
- 2.11
- Grade Unit
- g/t
- Intercept
- 9 m
- From
- 81 m
- To
- 90 m
- Intercept Depth
- 8 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- KRC007:81-90
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: A moderate-grade gold intercept from maiden drilling at Killaloe, indicating mineralization.
Positive factors
- Moderate-grade gold intercept
- Good intercept length
Negative factors
- Apparent Width Only
Evidence · text
“9m at 2.11g/t Au from 81m, including 2m at 8.60g/t Au (KRC007)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
KRC007Killaloe · goldGrade: 8.6Grade Unit: g/tIntercept: 2 mView all detailsHide details
Identity
- Hole ID
- KRC007
- Project
- Killaloe
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- LSA
Geometry
- Grade
- 8.6
- Grade Unit
- g/t
- Intercept
- 2 m
- From
- 8 m
- To
- 10 m
- Intercept Depth
- 8 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- KRC007:8-10
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This sub-interval shows high-grade gold, enhancing the significance of the overall intercept.
Positive factors
- Bonanza Intercept
- High-grade sub-interval
Negative factors
- Apparent Width Only
Evidence · text
“including 2m at 8.60g/t Au (KRC007)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
KAC0039Killaloe · goldGrade: 0.7Grade Unit: g/tIntercept: 24 mView all detailsHide details
Identity
- Hole ID
- KAC0039
- Project
- Killaloe
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- LSA
Geometry
- Grade
- 0.7
- Grade Unit
- g/t
- Intercept
- 24 m
- From
- 8 m
- To
- 32 m
- Intercept Depth
- 8 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- KAC0039:8-32
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: A broad, shallow gold intercept from maiden drilling at Killaloe, indicating widespread mineralization.
Positive factors
- Broad gold mineralization
- Shallow depth
Negative factors
- Apparent Width Only
Evidence · text
“24m at 0.70g/t Au from 8m, including 4m at 1.39g/t Au (KAC0039)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
KAC0039Killaloe · goldGrade: 1.39Grade Unit: g/tIntercept: 4 mView all detailsHide details
Identity
- Hole ID
- KAC0039
- Project
- Killaloe
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- LSA
Geometry
- Grade
- 1.39
- Grade Unit
- g/t
- Intercept
- 4 m
- From
- 8 m
- To
- 12 m
- Intercept Depth
- 8 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- KAC0039:8-12
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This sub-interval shows moderate-grade gold, enhancing the significance of the overall intercept.
Positive factors
- Moderate-grade sub-interval
- Shallow depth
Negative factors
- Apparent Width Only
Evidence · text
“including 4m at 1.39g/t Au (KAC0039)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
KAC0135Killaloe · goldGrade: 2.33Grade Unit: g/tIntercept: 6 mView all detailsHide details
Identity
- Hole ID
- KAC0135
- Project
- Killaloe
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- LSA
Geometry
- Grade
- 2.33
- Grade Unit
- g/t
- Intercept
- 6 m
- From
- 48 m
- To
- 54 m
- Intercept Depth
- 8 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- KAC0135:48-54
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: A moderate-grade gold intercept from maiden drilling at Killaloe, indicating mineralization.
Positive factors
- Moderate-grade gold intercept
- Good intercept length
- Shallow depth
Negative factors
- Apparent Width Only
Evidence · text
“6m at 2.33g/t Au from 48m to end-of-hole, including 1m at 4.79g/t Au (KAC0135)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
KAC0135Killaloe · goldGrade: 4.79Grade Unit: g/tIntercept: 1 mView all detailsHide details
Identity
- Hole ID
- KAC0135
- Project
- Killaloe
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- LSA
Geometry
- Grade
- 4.79
- Grade Unit
- g/t
- Intercept
- 1 m
- From
- 8 m
- To
- 9 m
- Intercept Depth
- 8 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- KAC0135:8-9
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This sub-interval shows high-grade gold, enhancing the significance of the overall intercept.
Positive factors
- High-grade sub-interval
- Shallow depth
Negative factors
- Apparent Width Only
Evidence · text
“including 1m at 4.79g/t Au (KAC0135)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
KRC026Killaloe · goldGrade: 0.52Grade Unit: g/tIntercept: 13 mView all detailsHide details
Identity
- Hole ID
- KRC026
- Project
- Killaloe
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- LSA
Geometry
- Grade
- 0.52
- Grade Unit
- g/t
- Intercept
- 13 m
- From
- 25 m
- To
- 38 m
- Intercept Depth
- 8 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- KRC026:25-38
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: A broad, shallow gold intercept from follow-up drilling at Killaloe, indicating continued mineralization.
Positive factors
- Broad gold mineralization
- Shallow depth
Negative factors
- Apparent Width Only
Evidence · text
“13m at 0.52g/t Au from 25m (KRC026)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
KRC027Killaloe · goldGrade: 0.24Grade Unit: g/tIntercept: 19 mView all detailsHide details
Identity
- Hole ID
- KRC027
- Project
- Killaloe
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- LSA
Geometry
- Grade
- 0.24
- Grade Unit
- g/t
- Intercept
- 19 m
- From
- 41 m
- To
- 60 m
- Intercept Depth
- 8 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- KRC027:41-60
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: A broad, shallow gold intercept from follow-up drilling at Killaloe, indicating continued mineralization, though at lower grades.
Positive factors
- Broad gold mineralization
- Shallow depth
Negative factors
- Apparent Width Only
Evidence · text
“19m at 0.24g/t Au from 41m (KRC027)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 30New Waverley Gold Project · goldGrade: 56Grade Unit: g/tView all detailsHide details
Identity
- Project
- New Waverley Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- LSA
Geometry
- Grade
- 56
- Grade Unit
- g/t
Classification
- Sample Type
- surface
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: An exceptionally high-grade rock-chip sample from the Trial Pit, indicating strong gold mineralization at surface.
Positive factors
- Bonanza Intercept
- Exceptionally high-grade surface sample
- Visible gold observed
Evidence · text
“Trial Pit results included 56g/t Au”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 31New Waverley Gold Project · goldGrade: 29.2Grade Unit: g/tView all detailsHide details
Identity
- Project
- New Waverley Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- LSA
Geometry
- Grade
- 29.2
- Grade Unit
- g/t
Classification
- Sample Type
- surface
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: A high-grade rock-chip sample from the Trial Pit, indicating strong gold mineralization at surface.
Positive factors
- Bonanza Intercept
- High-grade surface sample
- Visible gold observed
Evidence · text
“29.2g/t Au”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 32New Waverley Gold Project · goldGrade: 20.9Grade Unit: g/tView all detailsHide details
Identity
- Project
- New Waverley Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- LSA
Geometry
- Grade
- 20.9
- Grade Unit
- g/t
Classification
- Sample Type
- surface
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: A high-grade rock-chip sample from the Trial Pit, indicating strong gold mineralization at surface.
Positive factors
- Bonanza Intercept
- High-grade surface sample
- Visible gold observed
Evidence · text
“20.9g/t Au”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 33New Waverley Gold Project · goldGrade: 14.15Grade Unit: g/tView all detailsHide details
Identity
- Project
- New Waverley Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- LSA
Geometry
- Grade
- 14.15
- Grade Unit
- g/t
Classification
- Sample Type
- surface
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: A high-grade rock-chip sample from the Trial Pit, indicating strong gold mineralization at surface.
Positive factors
- High-grade surface sample
- Visible gold observed
Evidence · text
“14.15g/t Au”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 34View all detailsHide details
Identity
- Ticker
- LSA
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: A successful share placement raising $2.16 million at $0.05 per share, providing capital for the company's operations.
Positive factors
- Successful capital raise
- Provides funding for exploration
Evidence · text
“On 28 August 2025, the Company announced a two-tranche share placement to raise $2.16 million before costs at an issue price of $0.05 per share. Tranche one, comprising 36,650,000 fully paid ordinary shares to sophisticated and professional investors, was completed on 3 September 2025. Following shareholder approval at the Company’s Annual General Meeting, tranche two was completed through the issue of a further 6,600,000 fully paid ordinary shares to Directors (or their respective nominees) and DevEx Resources Limited at the same issue price.”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 35View all detailsHide details
Identity
- Ticker
- LSA
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: A highly successful share placement raising $7.2 million at a higher share price, significantly strengthening the company's financial position for exploration activities.
Positive factors
- Successful capital raise
- Significant funding amount
- Higher share price compared to previous raise
Evidence · text
“On 1 April 2026, the Company announced a two-tranche share placement to raise $7,200,000 (before costs) at an issue price of $0.12 per share. Tranche one comprising the issue of 60,000,000 fully paid ordinary shares to sophisticated and professional investors was completed on 9 April 2026. Following shareholder approval at the Company’s General Meeting on 28 May 2026, tranche two was completed through the issue of a further 2,233,333 fully paid ordinary shares to Directors (or their respective nominees) at the same issue price.”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 36View all detailsHide details
Identity
- Ticker
- LSA
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: Issuance of options to employees as part of an incentive plan, aiming to align their interests with the company's performance.
Positive factors
- Employee incentive program
- Aligns employee interests with shareholders
Evidence · text
“On 24 November 2025, 2,700,000 options (exercise price of $0.088, expiring 24 November 2029) were issued to Company employees, under the Company’s Employee Securities Incentive Plan.”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 37View all detailsHide details
Identity
- Ticker
- LSA
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: Issuance of incentive options to directors, aiming to align their interests with the company's performance and long-term value creation.
Positive factors
- Director incentive program
- Aligns director interests with shareholders
Evidence · text
“Also following the General Meeting, the Directors were granted 7,000,000 incentive options (exercise price of $0.19, expiring 28 May 2029)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 38New Waverley Gold ProjectView all detailsHide details
Identity
- Project
- New Waverley Gold Project
- Ticker
- LSA
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: The acquisition of a 90% interest in the New Waverley Gold Project for a modest initial cash and share consideration is a highly strategic move, providing the company with a significant new exploration focus and potential for substantial growth.
Positive factors
- Strategic acquisition of a high-potential gold project
- Low initial cash outlay
- Contingent payments tied to significant resource milestones
Evidence · text
“Lachlan Star acquired a 90% interest in the New Waverley Gold Project from private prospector David ‘Golly’ Pascoe in March 2026 for $150,000 in cash and 12.5 million fully-paid ordinary shares.”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.