LSA: Quarterly Activities/Appendix 5B Cash Flow Report
Original announcement by asx on
- Company
- Lachlan Star Limited
- Ticker
- LSA
- Exchange
- ASX
- Region
- Western Australia
- Primary commodity
- Gold
- Secondary commodities
- None reported
- Document categories
- Drill results, Other
- Extracted
- 2026-10-20 04:10:10 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Lachlan Star completed a 55-hole RC drilling program at the New Waverley Gold Project, confirming and extending high-grade gold mineralisation at Waverley Pit. The results include several high-grade intercepts and are supported by new regional soil and magnetic data indicating camp-scale potential.
Reasoning: The drilling results confirm and extend a significant high-grade gold discovery at Waverley Pit with multiple high-grade intercepts and expanded exploration footprint via geochemistry/geophysics.
Positive factors
- High-grade gold intercepts confirmed at New Waverley
- Mineralisation extended down-plunge
- Broad, shallow high-grade zones identified
- New regional soil and magnetic anomalies suggest camp-scale potential
Facts used in scoring: 10
Classification and evidence
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: Drilling extended the known mineralisation further down-plunge at Waverley Pit.
Evidence · text
“extending the known mineralisation further 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 release mentions 1-metre PhotonAssay results and refers to previous competent person statements.
Evidence · text
“Final intercepts are reported below using 1-metre PhotonAssay results where available.”
Extracted facts
Stored fact records: 10. Some facts used in scoring do not have a stored record.
Drill Results (10)
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
- resource
- Sample Type
- drill
- Group ID
- NWRC052:46-59
- Mining Method
- open_pit
QA/QC
- QA/QC Methods
- standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-20T00:00:00.000Z
Reasoning: 13m @ 4.0g/t Au is a strong intercept for the project.
Positive factors
- High grade intercept
Evidence · text
“13m @ 4.0g/t Au from 46m, incl. 3m @ 15.2g/t Au (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
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "For personal use only 8 KILLALOE PROJECT (80-100% LSA) The Killaloe Gold Project is located adjacent to New Waverley and"
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
- resource
- Sample Type
- drill
- Group ID
- NWRC052:52-55
- Mining Method
- open_pit
QA/QC
- QA/QC Methods
- standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-20T00:00:00.000Z
Reasoning: High grade sub-interval within the main intercept.
Positive factors
- Bonanza grade intercept
Evidence · text
“3m @ 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
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "For personal use only 8 KILLALOE PROJECT (80-100% LSA) The Killaloe Gold Project is located adjacent to New Waverley and"
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
- resource
- Sample Type
- drill
- Group ID
- NWRC051:46-53
- Mining Method
- open_pit
QA/QC
- QA/QC Methods
- standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-20T00:00:00.000Z
Reasoning: Strong grade and width.
Positive factors
- High grade intercept
Evidence · text
“7m @ 6.61g/t Au from 46m, incl. 2m @ 21.0g/t Au (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
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "For personal use only 8 KILLALOE PROJECT (80-100% LSA) The Killaloe Gold Project is located adjacent to New Waverley and"
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
- resource
- Sample Type
- drill
- Group ID
- NWRC051:46-48
- Mining Method
- open_pit
QA/QC
- QA/QC Methods
- standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-20T00:00:00.000Z
Reasoning: Very high grade sub-interval.
Positive factors
- Bonanza grade intercept
Evidence · text
“2m @ 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
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "For personal use only 8 KILLALOE PROJECT (80-100% LSA) The Killaloe Gold Project is located adjacent to New Waverley and"
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
- 50 m
Classification
- Program
- resource
- Sample Type
- drill
- Group ID
- NWRC048:50-63
- Mining Method
- open_pit
QA/QC
- QA/QC Methods
- standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-20T00:00:00.000Z
Reasoning: Solid intercept with high-grade internal zone.
Positive factors
- Good width
Evidence · text
“13m @ 3.14g/t Au from 50m, incl. 3m @ 11.1g/t Au (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
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "For personal use only 8 KILLALOE PROJECT (80-100% LSA) The Killaloe Gold Project is located adjacent to New Waverley and"
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
- 50 m
Classification
- Program
- resource
- Sample Type
- drill
- Group ID
- NWRC048:55-58
- Mining Method
- open_pit
QA/QC
- QA/QC Methods
- standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-20T00:00:00.000Z
Reasoning: High grade internal zone.
Positive factors
- High grade sub-interval
Evidence · text
“3m @ 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
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "For personal use only 8 KILLALOE PROJECT (80-100% LSA) The Killaloe Gold Project is located adjacent to New Waverley and"
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
- resource
- Sample Type
- drill
- Group ID
- NWRC050:46-54
- Mining Method
- open_pit
QA/QC
- QA/QC Methods
- standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-20T00:00:00.000Z
Reasoning: Solid intercept.
Positive factors
- Good width
Evidence · text
“8m @ 4.42g/t Au from 46m, incl. 5m @ 7.0g/t Au (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
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "For personal use only 8 KILLALOE PROJECT (80-100% LSA) The Killaloe Gold Project is located adjacent to New Waverley and"
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
- resource
- Sample Type
- drill
- Group ID
- NWRC050:49-54
- Mining Method
- open_pit
QA/QC
- QA/QC Methods
- standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-20T00:00:00.000Z
Reasoning: High grade internal zone.
Positive factors
- High grade sub-interval
Evidence · text
“5m @ 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
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "For personal use only 8 KILLALOE PROJECT (80-100% LSA) The Killaloe Gold Project is located adjacent to New Waverley and"
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
- 48 m
Classification
- Program
- resource
- Sample Type
- drill
- Group ID
- NWRC080:48-60
- Mining Method
- open_pit
QA/QC
- QA/QC Methods
- standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-20T00:00:00.000Z
Reasoning: Solid composite intercept.
Positive factors
- Good width
Evidence · text
“12m @ 4.01g/t Au from 48m, incl. 8m @ 5.77g/t Au from 52m (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
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "For personal use only 8 KILLALOE PROJECT (80-100% LSA) The Killaloe Gold Project is located adjacent to New Waverley and"
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
- 52 m
- To
- 60 m
- Intercept Depth
- 48 m
Classification
- Program
- resource
- Sample Type
- drill
- Group ID
- NWRC080:52-60
- Mining Method
- open_pit
QA/QC
- QA/QC Methods
- standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-20T00:00:00.000Z
Reasoning: High grade internal zone.
Positive factors
- High grade sub-interval
Evidence · text
“8m @ 5.77g/t Au from 52m (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
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "For personal use only 8 KILLALOE PROJECT (80-100% LSA) The Killaloe Gold Project is located adjacent to New Waverley and"
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.