# Maiden Balerion Drilling Intersects Sulphide Mineralisation                                                                                                                  16 										                                             pages                                                                                       									                                                                                                                          2.1MB

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/maiden-balerion-drilling-intersects-sulphide-mineralisation-16-pages-2-1mb--3f0c7ce5-d948-4ea4-adce-759cd545e24c

Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03109833

Publisher: asx

Original announcement: 2026-07-01T00:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-01T00:49:33.371Z

Atlas analysis updated: 2026-10-01T00:49:33.371Z

- Company: Exultant Mining Limited

- Ticker: 10X

- Exchange: ASX

- Region: New South Wales

- Primary commodity: Copper

- Secondary commodities: Zinc, Lead, Silver, Gold

- Document categories: Drill results

- Extracted: 2026-10-01 00:49:34 UTC

Narrative sentiment: 0.20 · Bullish

## Minestarters Atlas summary

Exultant Mining Limited has provided an update on its maiden drilling program at the Balerion Prospect, part of the Peak View Project in New South Wales. Two of the three completed drillholes intersected visual chalcopyrite, sphalerite, and galena mineralisation, which supports the company's geological targeting model. Assays for all completed drillholes are pending, and the program has been refined to focus on five priority drillholes targeting extensions to historical high-grade mineralisation.

Reasoning: Maiden drilling at the Balerion Prospect intersected visual sulphide mineralisation in two holes, supporting the geological model and leading to a refined exploration program targeting extensions of historical high-grade zones. However, the economic significance is unconfirmed as all assay results are pending, and only visual estimates are available for the new intercepts.

- Positive factor: Maiden drilling intersected visual sulphide mineralisation, confirming the geological model

- Positive factor: Drilling program refined to target extensions of historical high-grade mineralisation

- Positive factor: Comprehensive QA/QC procedures disclosed

- Negative factor: Economic significance of visual mineralisation is unknown pending assay results

- Negative factor: True widths of mineralisation are not yet known

- Negative factor: No lab certification explicitly stated

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 13

## Classification and evidence

**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 document includes a detailed JORC Code Table 1, outlining sampling techniques, laboratory procedures, and quality control measures such as blanks, standards, and duplicates.

Evidence · text

> Section 1 Sampling Techniques and Data

**Apparent Width Only**

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: The document explicitly states that 'Reported intervals are downhole widths unless otherwise stated. True widths are not yet known.' for the historical intercepts and implies the same for visual estimates.

Evidence · text

> Reported intervals are downhole widths unless otherwise stated. True widths are not yet known.

**Exploration Drilling**

Polarity: neutral

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: The release describes the program as 'maiden drilling program' and 'early-stage exploration drilling designed to test geophysical and geochemical targets'.

Evidence · text

> maiden drilling program at the Company’s Balerion Prospect

**Assays Pending**

Polarity: neutral

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: The document repeatedly states that 'Assays are pending for all completed drillholes' and 'Laboratory assays are pending'.

Evidence · text

> Assays are pending for all completed drillholes

**Visual Estimates Only**

Polarity: negative

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: The document explicitly states 'Visual estimate only; assays pending' and 'visual observations reported above should not be considered a proxy or substitute for laboratory analysis'.

Evidence · text

> Visual estimate only; assays pending. Refer to Table 2 for visual sulphide estimates and cautionary statement.

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: The remaining drillholes are planned to 'target extensions to historical high-grade mineralisation' and 'geophysical anomalies interpreted down-dip of historic high-grade mineralised intercepts'.

Evidence · text

> targeting extensions to historical high-grade mineralisation

## Extracted facts

Stored fact records: 13. Some facts used in scoring do not have a stored record.

## Drill Results (13)

### BLCRDD001

[Link to this fact](https://atlas-staging.minestarters.com/news/maiden-balerion-drilling-intersects-sulphide-mineralisation-16-pages-2-1mb--3f0c7ce5-d948-4ea4-adce-759cd545e24c#fact-drill-facts-0)

Balerion Prospect

#### Identity

- Hole ID: BLCRDD001
- Project: Balerion Prospect
- Region: australia\_nsw
- Reported Region: australia\_nsw
- Ticker: 10X

#### Geometry

- Hole Depth: 245.5 m

#### Classification

- Program: exploration
- Sample Type: drill

#### Location

- Easting: 713551
- Northing: 6006584
- Elevation: 940 m
- Azimuth: 245 °
- Dip: -60 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Orange
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

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

#### Dates

- Event date: 2026-07-01T00:00:00.000Z

Reasoning: Maiden drillhole BLCRDD001 intersected visual sulphide mineralisation, confirming the geological model, but the economic significance is unconfirmed pending assay results.

- Positive factor: Intersected visual sulphide mineralisation, supporting geological model

- Positive factor: Successfully tested a coincident chargeability-resistivity high

- Negative factor: Assay results are pending, economic significance unknown

- Negative factor: Visual estimates are not a substitute for laboratory analysis

Evidence · table

> BLCRDD001

Context: 245.5

#### Tags used in scoring

**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

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### BLRCDD002

[Link to this fact](https://atlas-staging.minestarters.com/news/maiden-balerion-drilling-intersects-sulphide-mineralisation-16-pages-2-1mb--3f0c7ce5-d948-4ea4-adce-759cd545e24c#fact-drill-facts-1)

Balerion Prospect

#### Identity

- Hole ID: BLRCDD002
- Project: Balerion Prospect
- Region: australia\_nsw
- Reported Region: australia\_nsw
- Ticker: 10X

#### Geometry

- Hole Depth: 189.4 m

#### Classification

- Program: exploration
- Sample Type: drill

#### Location

- Easting: 713669
- Northing: 6006639
- Elevation: 944 m
- Azimuth: 245 °
- Dip: -80 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Orange
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

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

#### Dates

- Event date: 2026-07-01T00:00:00.000Z

Reasoning: Maiden drillhole BLRCDD002 intersected visual sulphide mineralisation and an encouraging geological contact, but the economic significance is unconfirmed pending assay results.

- Positive factor: Intersected visual sulphide mineralisation, supporting geological model

- Positive factor: Intersected encouraging geological contact comparable to historical mineralisation

- Negative factor: Assay results are pending, economic significance unknown

- Negative factor: Visual estimates are not a substitute for laboratory analysis

Evidence · table

> BLRCDD002

Context: 189.4

#### Tags used in scoring

**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

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### BLRC003

[Link to this fact](https://atlas-staging.minestarters.com/news/maiden-balerion-drilling-intersects-sulphide-mineralisation-16-pages-2-1mb--3f0c7ce5-d948-4ea4-adce-759cd545e24c#fact-drill-facts-2)

Balerion Prospect

#### Identity

- Hole ID: BLRC003
- Project: Balerion Prospect
- Region: australia\_nsw
- Reported Region: australia\_nsw
- Ticker: 10X

#### Geometry

- Hole Depth: 198 m

#### Classification

- Program: exploration
- Sample Type: drill

#### Location

- Easting: 713346
- Northing: 6006618
- Elevation: 976 m
- Azimuth: 270 °
- Dip: -65 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Orange
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

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

#### Dates

- Event date: 2026-07-01T00:00:00.000Z

Reasoning: Maiden drillhole BLRC003 reported no significant sulphide intercepts, indicating a lack of mineralisation in this target area, though assays are pending.

- Negative factor: No significant sulphide intercepts reported

- Negative factor: Assay results are pending, economic significance unknown

Evidence · table

> BLRC003

Context: 198

#### Tags used in scoring

**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

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### PVI006

[Link to this fact](https://atlas-staging.minestarters.com/news/maiden-balerion-drilling-intersects-sulphide-mineralisation-16-pages-2-1mb--3f0c7ce5-d948-4ea4-adce-759cd545e24c#fact-drill-facts-3)

Balerion Prospect · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: PVI006
- Project: Balerion Prospect
- Commodity: silver
- Region: australia\_nsw
- Reported Region: australia\_nsw
- Ticker: 10X

#### Geometry

- Grade: 342.7
- Grade Unit: g/t
- Intercept: 4.4 m
- From: 48.7 m
- To: 53.1 m
- Intercept Depth: 48.7 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: PVI006:48.7-53.1

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2026-05-07T00:00:00.000Z

#### Dates

- Event date: 2026-07-01T00:00:00.000Z

Reasoning: Historical intercept from PVI006 shows high-grade silver with significant base metal and gold credits, indicating strong polymetallic mineralisation.

- Positive factor: High-grade silver intercept

- Positive factor: Polymetallic nature with significant base metals and gold

- Negative factor: Historical result, not new information from this release

- Negative factor: True width not stated

Evidence · text

> 4.4m @ 342.7g/t Ag

#### Tags used in scoring

**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

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### PVI006

[Link to this fact](https://atlas-staging.minestarters.com/news/maiden-balerion-drilling-intersects-sulphide-mineralisation-16-pages-2-1mb--3f0c7ce5-d948-4ea4-adce-759cd545e24c#fact-drill-facts-4)

Balerion Prospect · lead

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: PVI006
- Project: Balerion Prospect
- Commodity: lead
- Region: australia\_nsw
- Reported Region: australia\_nsw
- Ticker: 10X

#### Geometry

- Grade: 4
- Grade Unit: %
- Intercept: 4.4 m
- From: 48.7 m
- To: 53.1 m
- Intercept Depth: 48.7 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: PVI006:48.7-53.1

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2026-05-07T00:00:00.000Z

#### Dates

- Event date: 2026-07-01T00:00:00.000Z

Reasoning: Historical intercept from PVI006 shows high-grade lead, contributing to the polymetallic nature of the mineralisation.

- Positive factor: High-grade lead intercept

- Positive factor: Polymetallic nature with significant silver, copper, gold, and zinc

- Negative factor: Historical result, not new information from this release

- Negative factor: True width not stated

Evidence · text

> 4.0% Pb

#### Tags used in scoring

**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

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### PVI006

[Link to this fact](https://atlas-staging.minestarters.com/news/maiden-balerion-drilling-intersects-sulphide-mineralisation-16-pages-2-1mb--3f0c7ce5-d948-4ea4-adce-759cd545e24c#fact-drill-facts-5)

Balerion Prospect · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: PVI006
- Project: Balerion Prospect
- Commodity: copper
- Region: australia\_nsw
- Reported Region: australia\_nsw
- Ticker: 10X

#### Geometry

- Grade: 1.1
- Grade Unit: %
- Intercept: 4.4 m
- From: 48.7 m
- To: 53.1 m
- Intercept Depth: 48.7 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: PVI006:48.7-53.1

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2026-05-07T00:00:00.000Z

#### Dates

- Event date: 2026-07-01T00:00:00.000Z

Reasoning: Historical intercept from PVI006 shows high-grade copper, contributing to the polymetallic nature of the mineralisation.

- Positive factor: High-grade copper intercept

- Positive factor: Polymetallic nature with significant silver, lead, gold, and zinc

- Negative factor: Historical result, not new information from this release

- Negative factor: True width not stated

Evidence · text

> 1.1% Cu

#### Tags used in scoring

**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

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### PVI006

[Link to this fact](https://atlas-staging.minestarters.com/news/maiden-balerion-drilling-intersects-sulphide-mineralisation-16-pages-2-1mb--3f0c7ce5-d948-4ea4-adce-759cd545e24c#fact-drill-facts-6)

Balerion Prospect · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: PVI006
- Project: Balerion Prospect
- Commodity: gold
- Region: australia\_nsw
- Reported Region: australia\_nsw
- Ticker: 10X

#### Geometry

- Grade: 0.74
- Grade Unit: g/t
- Intercept: 4.4 m
- From: 48.7 m
- To: 53.1 m
- Intercept Depth: 48.7 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: PVI006:48.7-53.1

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2026-05-07T00:00:00.000Z

#### Dates

- Event date: 2026-07-01T00:00:00.000Z

Reasoning: Historical intercept from PVI006 includes a gold credit, adding to the overall value of the polymetallic mineralisation.

- Positive factor: Gold credit in a polymetallic intercept

- Positive factor: Polymetallic nature with significant silver, lead, copper, and zinc

- Negative factor: Historical result, not new information from this release

- Negative factor: True width not stated

Evidence · text

> 0.74g/t Au

#### Tags used in scoring

**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

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### PVI006

[Link to this fact](https://atlas-staging.minestarters.com/news/maiden-balerion-drilling-intersects-sulphide-mineralisation-16-pages-2-1mb--3f0c7ce5-d948-4ea4-adce-759cd545e24c#fact-drill-facts-7)

Balerion Prospect · zinc

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: PVI006
- Project: Balerion Prospect
- Commodity: zinc
- Region: australia\_nsw
- Reported Region: australia\_nsw
- Ticker: 10X

#### Geometry

- Grade: 0.84
- Grade Unit: %
- Intercept: 4.4 m
- From: 48.7 m
- To: 53.1 m
- Intercept Depth: 48.7 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: PVI006:48.7-53.1

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2026-05-07T00:00:00.000Z

#### Dates

- Event date: 2026-07-01T00:00:00.000Z

Reasoning: Historical intercept from PVI006 includes a zinc credit, adding to the overall value of the polymetallic mineralisation.

- Positive factor: Zinc credit in a polymetallic intercept

- Positive factor: Polymetallic nature with significant silver, lead, copper, and gold

- Negative factor: Historical result, not new information from this release

- Negative factor: True width not stated

Evidence · text

> 0.84% Zn

#### Tags used in scoring

**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

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### PVI008

[Link to this fact](https://atlas-staging.minestarters.com/news/maiden-balerion-drilling-intersects-sulphide-mineralisation-16-pages-2-1mb--3f0c7ce5-d948-4ea4-adce-759cd545e24c#fact-drill-facts-8)

Balerion Prospect · zinc

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: PVI008
- Project: Balerion Prospect
- Commodity: zinc
- Region: australia\_nsw
- Reported Region: australia\_nsw
- Ticker: 10X

#### Geometry

- Grade: 22
- Grade Unit: %
- Intercept: 0.8 m
- From: 152.6 m
- To: 153.4 m
- Intercept Depth: 152.6 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: PVI008:152.6-153.4

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2026-05-07T00:00:00.000Z

#### Dates

- Event date: 2026-07-01T00:00:00.000Z

Reasoning: Historical intercept from PVI008 shows exceptional high-grade zinc, indicating very strong polymetallic mineralisation, despite the narrow width.

- Positive factor: Exceptional high-grade zinc intercept

- Positive factor: Polymetallic nature with significant lead, copper, silver, and gold

- Negative factor: Historical result, not new information from this release

- Negative factor: Narrow intercept length

- Negative factor: True width not stated

Evidence · text

> 0.8m @ 22.0% Zn

#### Tags used in scoring

**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

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### PVI008

[Link to this fact](https://atlas-staging.minestarters.com/news/maiden-balerion-drilling-intersects-sulphide-mineralisation-16-pages-2-1mb--3f0c7ce5-d948-4ea4-adce-759cd545e24c#fact-drill-facts-9)

Balerion Prospect · lead

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: PVI008
- Project: Balerion Prospect
- Commodity: lead
- Region: australia\_nsw
- Reported Region: australia\_nsw
- Ticker: 10X

#### Geometry

- Grade: 11.6
- Grade Unit: %
- Intercept: 0.8 m
- From: 152.6 m
- To: 153.4 m
- Intercept Depth: 152.6 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: PVI008:152.6-153.4

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2026-05-07T00:00:00.000Z

#### Dates

- Event date: 2026-07-01T00:00:00.000Z

Reasoning: Historical intercept from PVI008 shows exceptional high-grade lead, contributing significantly to the polymetallic mineralisation.

- Positive factor: Exceptional high-grade lead intercept

- Positive factor: Polymetallic nature with significant zinc, copper, silver, and gold

- Negative factor: Historical result, not new information from this release

- Negative factor: Narrow intercept length

- Negative factor: True width not stated

Evidence · text

> 11.6% Pb

#### Tags used in scoring

**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

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### PVI008

[Link to this fact](https://atlas-staging.minestarters.com/news/maiden-balerion-drilling-intersects-sulphide-mineralisation-16-pages-2-1mb--3f0c7ce5-d948-4ea4-adce-759cd545e24c#fact-drill-facts-10)

Balerion Prospect · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: PVI008
- Project: Balerion Prospect
- Commodity: copper
- Region: australia\_nsw
- Reported Region: australia\_nsw
- Ticker: 10X

#### Geometry

- Grade: 1.2
- Grade Unit: %
- Intercept: 0.8 m
- From: 152.6 m
- To: 153.4 m
- Intercept Depth: 152.6 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: PVI008:152.6-153.4

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2026-05-07T00:00:00.000Z

#### Dates

- Event date: 2026-07-01T00:00:00.000Z

Reasoning: Historical intercept from PVI008 shows high-grade copper, contributing to the polymetallic nature of the mineralisation.

- Positive factor: High-grade copper intercept

- Positive factor: Polymetallic nature with significant zinc, lead, silver, and gold

- Negative factor: Historical result, not new information from this release

- Negative factor: Narrow intercept length

- Negative factor: True width not stated

Evidence · text

> 1.2% Cu

#### Tags used in scoring

**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

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### PVI008

[Link to this fact](https://atlas-staging.minestarters.com/news/maiden-balerion-drilling-intersects-sulphide-mineralisation-16-pages-2-1mb--3f0c7ce5-d948-4ea4-adce-759cd545e24c#fact-drill-facts-11)

Balerion Prospect · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: PVI008
- Project: Balerion Prospect
- Commodity: silver
- Region: australia\_nsw
- Reported Region: australia\_nsw
- Ticker: 10X

#### Geometry

- Grade: 155
- Grade Unit: g/t
- Intercept: 0.8 m
- From: 152.6 m
- To: 153.4 m
- Intercept Depth: 152.6 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: PVI008:152.6-153.4

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2026-05-07T00:00:00.000Z

#### Dates

- Event date: 2026-07-01T00:00:00.000Z

Reasoning: Historical intercept from PVI008 shows high-grade silver, contributing to the polymetallic nature of the mineralisation.

- Positive factor: High-grade silver intercept

- Positive factor: Polymetallic nature with significant zinc, lead, copper, and gold

- Negative factor: Historical result, not new information from this release

- Negative factor: Narrow intercept length

- Negative factor: True width not stated

Evidence · text

> 155g/t Ag

#### Tags used in scoring

**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

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### PVI008

[Link to this fact](https://atlas-staging.minestarters.com/news/maiden-balerion-drilling-intersects-sulphide-mineralisation-16-pages-2-1mb--3f0c7ce5-d948-4ea4-adce-759cd545e24c#fact-drill-facts-12)

Balerion Prospect · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: PVI008
- Project: Balerion Prospect
- Commodity: gold
- Region: australia\_nsw
- Reported Region: australia\_nsw
- Ticker: 10X

#### Geometry

- Grade: 0.5
- Grade Unit: g/t
- Intercept: 0.8 m
- From: 152.6 m
- To: 153.4 m
- Intercept Depth: 152.6 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: PVI008:152.6-153.4

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2026-05-07T00:00:00.000Z

#### Dates

- Event date: 2026-07-01T00:00:00.000Z

Reasoning: Historical intercept from PVI008 includes a gold credit, adding to the overall value of the polymetallic mineralisation.

- Positive factor: Gold credit in a polymetallic intercept

- Positive factor: Polymetallic nature with significant zinc, lead, copper, and silver

- Negative factor: Historical result, not new information from this release

- Negative factor: Narrow intercept length

- Negative factor: True width not stated

Evidence · text

> 0.5g/t Au

#### Tags used in scoring

**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

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.