# MEX: Broad Gold Mineralisation Intersected at Jubilee South

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/mex-broad-gold-mineralisation-intersected-at-jubilee-south--ed03c5e7-9a81-4519-89e9-b56bbda0145b

Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03142650

Publisher: asx

Original announcement: 2026-09-22T23:24:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-09-23T00:25:51.024Z

Atlas analysis updated: 2026-09-23T00:25:51.024Z

- Company: Minerals Exploration Limited

- Ticker: MEX

- Exchange: ASX

- Region: New Zealand's North Island

- Primary commodity: Gold

- Secondary commodities: None reported

- Document categories: Drill results, Other

- Extracted: 2026-09-23 00:25:51 UTC

Narrative sentiment: 0.20 · Bullish

## Minestarters Atlas summary

Minerals Exploration Limited has reported broad gold mineralisation from a four-hole diamond drilling program at its Jubilee South Gold Prospect in New Zealand. The program intersected wide zones of low-grade gold with higher-grade internal sections, expanding the known mineralised envelope and providing vectors for future exploration. The company also highlighted high-grade historical results and recent surface samples from nearby prospects, with follow-up drilling planned.

Reasoning: The announcement reports new drill results that confirm broad, low-grade gold mineralisation with higher-grade internal zones, expanding the known footprint at Jubilee South. While the new grades are not exceptional, they provide useful vectors for follow-up drilling. High-grade historical results and surface samples from nearby prospects highlight the overall potential of the project. QA/QC is disclosed, but the lack of true width information and some poor core recovery introduce uncertainty.

- Positive factor: Broad gold mineralisation intersected, expanding the known footprint

- Positive factor: Presence of higher-grade internal zones provides vectors for future targeting

- Positive factor: High-grade historical results and surface samples indicate strong potential

- Positive factor: QA/QC procedures are disclosed and a Competent Person has signed off

- Negative factor: Reported drill intercepts are downhole lengths, true widths are not known

- Negative factor: Recovery was poor in parts of some principal composites, potentially affecting grade representativeness

- Negative factor: New drill results are generally low-grade, with higher grades only in sub-intervals

- Negative factor: Exceptional historic underground channel grades were not replicated at the tested positions

Facts used in scoring: 33

## 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 release includes detailed QA/QC disclosure in JORC Table 1, mentioning certified lab \(SGS Waihi\), Competent Person sign-off \(Mr Peter Zitnan\), and methods like blanks, standards, and laboratory repeats.

Evidence · text

> The information in this Report that relates to Exploration Results is based on information compiled by Mr Peter Zitnan, who is a Member of the Australian Institute of Geoscientists \(AIG\) and Fellow of the Australasian Institute of Mining and Metallurgy \(AusIMM\).

**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 'All intervals are downhole lengths and true widths are not known' and 'The geometry and continuity of individual mineralized structures are not sufficiently constrained to determine true widths'.

Evidence · text

> All intervals are downhole lengths and true widths are not known.

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: The drilling program was designed to test the 'southern continuation of the historic Jubilee vein system towards the Sovereign prospect'.

Evidence · text

> TGW011–TGW014 drillholes were drilled to test the southern continuation of the historic Jubilee vein system towards the Sovereign prospect

**Compositing Transparent**

Polarity: positive

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

Why it applies: The document states that 'Composites were calculated as length-weighted averages of original Au assays' and 'each reported main composite has an average grade of at least 0.20g/t Au. Higher-grade internal intervals are shown as ‘including’'.

Evidence · text

> Composites were calculated as length-weighted averages of original Au assays. Main composite boundaries were selected using logged mineralization/alteration and continuous assay coverage; all intervening assays were included and each reported main composite has an average grade of at least 0.20g/t Au. Higher-grade internal intervals are shown as ‘including’.

**Cut-off Disclosed**

Polarity: positive

Story-specific tag

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: The document explicitly states that 'each reported main composite has an average grade of at least 0.20g/t Au'.

Evidence · text

> each reported main composite has an average grade of at least 0.20g/t Au

**Stale Data Re-release**

Polarity: negative

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

Why it applies: The document re-reports historical drill results from the Sovereign prospect, explicitly stating they were 'drilled between 1991 and 2003 by Coeur and Cyprus Gold NZ' and referencing a prior ASX announcement from July 2026.

Evidence · text

> Historical drilling at Sovereign delivered significant high-grade assays which in some cases remain open in strike and dip with results including: ➢ ML2 15.0m @ 4.40g/t Au from 69m, incl, 5m @ 6.72g/t Au, no recovery due to void from 67 to 69m

**Bonanza Intercept**

Polarity: positive

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

Why it applies: Surface sample TGR0251 returned 32.5 g/t Au, which is well above the exceptional threshold for gold \(5 g/t\) in an epithermal deposit.

Evidence · text

> TGR0251: mullock; E 1,843,258; N 5,858,342; RL 330 m; quartz-veined mullock; 32.5 g/t Au.

**Bonanza Intercept**

Polarity: positive

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

Why it applies: Surface sample TGR0252 returned 20.1 g/t Au, which is well above the exceptional threshold for gold \(5 g/t\) in an epithermal deposit.

Evidence · text

> TGR0252: outcrop; E 1,843,260; N 5,858,352; RL 333 m; 40 cm silicified andesite, stockworked host with chalcedonic vein; 20.1 g/t Au.

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: The project is explicitly positioned as being 'only 8km west of OceanaGold’s Waihi Gold Mine \(+12Moz Au\), and 4.5km directly along strike from OceanaGold’s 2.2Moz @ 14.3g/t Au WKP deposit'.

Evidence · text

> The Waitekauri Gold Project, which includes the historic Jubilee Gold Mine, is located near Waihi on New Zealand’s North Island, only 8km west of OceanaGold’s Waihi Gold Mine \(+12Moz Au\), and 4.5km directly along strike from OceanaGold’s 2.2Moz @ 14.3g/t Au WKP deposit.

## Extracted facts

Stored fact records: 33. Some facts used in scoring do not have a stored record.

## Drill Results (33)

### TGW011

[Link to this fact](https://atlas-staging.minestarters.com/news/mex-broad-gold-mineralisation-intersected-at-jubilee-south--ed03c5e7-9a81-4519-89e9-b56bbda0145b#fact-drill-facts-0)

Waitekauri · gold

#### Identity

- Hole ID: TGW011
- Project: Waitekauri
- Commodity: gold
- Region: new zealand's north island
- Reported Region: new zealand's north island
- Ticker: MEX

#### Geometry

- Grade: 0.3
- Grade Unit: g/t
- Intercept: 80.3 m
- From: 122 m
- To: 202.3 m
- Hole Depth: 202.3 m
- Intercept Depth: 122 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: TGW011:122-202.3
- Mining Method: unknown

#### Location

- Easting: 1844053.31
- Northing: 5859332.92
- Elevation: 407.08 m
- Azimuth: 75 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Waihi
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, check\_assays

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.2
- Cutoff Unit: g/t Au

#### Review

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

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This broad intercept, while low-grade, contributes to the understanding of the mineralised system's extent. The lack of true width information reduces confidence in its actual significance.

- Positive factor: Broad intercept length indicates significant mineralised envelope

- Positive factor: Intercept contributes to expanding the known mineralised footprint

- Negative factor: Grade is relatively low for gold

- Negative factor: True width is not known, potentially overstating actual thickness

Evidence · table

> 0.30

Context: 80.3

#### 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

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "mineralsexploration.com.au 23 September 2026 Waitekauri Gold Project Broad Gold Mineralisation Intersected in Second- St"

### TGW011

[Link to this fact](https://atlas-staging.minestarters.com/news/mex-broad-gold-mineralisation-intersected-at-jubilee-south--ed03c5e7-9a81-4519-89e9-b56bbda0145b#fact-drill-facts-1)

Waitekauri · gold

#### Identity

- Hole ID: TGW011
- Project: Waitekauri
- Commodity: gold
- Region: new zealand's north island
- Reported Region: new zealand's north island
- Ticker: MEX

#### Geometry

- Grade: 0.52
- Grade Unit: g/t
- Intercept: 16 m
- From: 159 m
- To: 175 m
- Hole Depth: 202.3 m
- Intercept Depth: 122 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: TGW011:159-175
- Mining Method: unknown

#### Location

- Easting: 1844053.31
- Northing: 5859332.92
- Elevation: 407.08 m
- Azimuth: 75 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Waihi
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, check\_assays

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.2
- Cutoff Unit: g/t Au

#### Review

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

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This sub-interval shows a moderate grade within the broader mineralisation, indicating local concentration of gold and providing a vector for follow-up. True width remains unknown.

- Positive factor: Higher-grade sub-interval within a broader mineralised zone

- Positive factor: Provides useful vector for future targeting

- Negative factor: Grade is still moderate for gold

- Negative factor: True width is not known

Evidence · table

> 0.52

Context: 16.0

#### 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

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "mineralsexploration.com.au 23 September 2026 Waitekauri Gold Project Broad Gold Mineralisation Intersected in Second- St"

### TGW011

[Link to this fact](https://atlas-staging.minestarters.com/news/mex-broad-gold-mineralisation-intersected-at-jubilee-south--ed03c5e7-9a81-4519-89e9-b56bbda0145b#fact-drill-facts-2)

Waitekauri · gold

#### Identity

- Hole ID: TGW011
- Project: Waitekauri
- Commodity: gold
- Region: new zealand's north island
- Reported Region: new zealand's north island
- Ticker: MEX

#### Geometry

- Grade: 1.21
- Grade Unit: g/t
- Intercept: 1 m
- From: 170 m
- To: 171 m
- Hole Depth: 202.3 m
- Intercept Depth: 122 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: TGW011:170-171
- Mining Method: unknown

#### Location

- Easting: 1844053.31
- Northing: 5859332.92
- Elevation: 407.08 m
- Azimuth: 75 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Waihi
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, check\_assays

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.2
- Cutoff Unit: g/t Au

#### Review

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

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This narrow, higher-grade interval is positive as it confirms local gold concentration within the broader zone and aligns with the modelled vein, but its limited width reduces overall materiality.

- Positive factor: Local interval above 1 g/t Au indicates higher-grade potential

- Positive factor: Coincides with modelled position of Jubilee vein

- Negative factor: Very narrow intercept length

- Negative factor: True width is not known

Evidence · table

> 1.21

Context: 1.0

#### 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

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "mineralsexploration.com.au 23 September 2026 Waitekauri Gold Project Broad Gold Mineralisation Intersected in Second- St"

### TGW012

[Link to this fact](https://atlas-staging.minestarters.com/news/mex-broad-gold-mineralisation-intersected-at-jubilee-south--ed03c5e7-9a81-4519-89e9-b56bbda0145b#fact-drill-facts-3)

Waitekauri · gold

#### Identity

- Hole ID: TGW012
- Project: Waitekauri
- Commodity: gold
- Region: new zealand's north island
- Reported Region: new zealand's north island
- Ticker: MEX

#### Geometry

- Grade: 0.35
- Grade Unit: g/t
- Intercept: 22.7 m
- From: 135.5 m
- To: 158.2 m
- Hole Depth: 181.2 m
- Intercept Depth: 135.5 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: TGW012:135.5-158.2
- Mining Method: unknown

#### Location

- Easting: 1844053.9
- Northing: 5859332.46
- Elevation: 407.34 m
- Azimuth: 90 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Waihi
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, check\_assays

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.2
- Cutoff Unit: g/t Au

#### Review

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

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This intercept confirms mineralisation but is low-grade and suffers from poor core recovery, which reduces confidence in the reported grade and overall materiality. True width is also unknown.

- Positive factor: Confirms gold mineralisation in the area

- Negative factor: Grade is relatively low for gold

- Negative factor: True width is not known

- Negative factor: Poor recovery through parts of the principal composite \(approx. 62%\) introduces uncertainty

Evidence · table

> 0.35

Context: 22.7

#### 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

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "mineralsexploration.com.au 23 September 2026 Waitekauri Gold Project Broad Gold Mineralisation Intersected in Second- St"

### TGW012

[Link to this fact](https://atlas-staging.minestarters.com/news/mex-broad-gold-mineralisation-intersected-at-jubilee-south--ed03c5e7-9a81-4519-89e9-b56bbda0145b#fact-drill-facts-4)

Waitekauri · gold

#### Identity

- Hole ID: TGW012
- Project: Waitekauri
- Commodity: gold
- Region: new zealand's north island
- Reported Region: new zealand's north island
- Ticker: MEX

#### Geometry

- Grade: 0.62
- Grade Unit: g/t
- Intercept: 8.8 m
- From: 145 m
- To: 153.8 m
- Hole Depth: 181.2 m
- Intercept Depth: 135.5 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: TGW012:145-153.8
- Mining Method: unknown

#### Location

- Easting: 1844053.9
- Northing: 5859332.46
- Elevation: 407.34 m
- Azimuth: 90 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Waihi
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, check\_assays

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.2
- Cutoff Unit: g/t Au

#### Review

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

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This sub-interval shows a moderate grade, but the overall poor recovery in the hole and unknown true width limit its significance.

- Positive factor: Higher-grade sub-interval within a broader mineralised zone

- Negative factor: Grade is still moderate for gold

- Negative factor: True width is not known

- Negative factor: Poor recovery in the parent interval affects confidence

Evidence · table

> 0.62

Context: 8.8

#### 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

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "mineralsexploration.com.au 23 September 2026 Waitekauri Gold Project Broad Gold Mineralisation Intersected in Second- St"

### TGW012

[Link to this fact](https://atlas-staging.minestarters.com/news/mex-broad-gold-mineralisation-intersected-at-jubilee-south--ed03c5e7-9a81-4519-89e9-b56bbda0145b#fact-drill-facts-5)

Waitekauri · gold

#### Identity

- Hole ID: TGW012
- Project: Waitekauri
- Commodity: gold
- Region: new zealand's north island
- Reported Region: new zealand's north island
- Ticker: MEX

#### Geometry

- Grade: 2.6
- Grade Unit: g/t
- Intercept: 0.9 m
- From: 150.8 m
- To: 151.7 m
- Hole Depth: 181.2 m
- Intercept Depth: 135.5 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: TGW012:150.8-151.7
- Mining Method: unknown

#### Location

- Easting: 1844053.9
- Northing: 5859332.46
- Elevation: 407.34 m
- Azimuth: 90 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Waihi
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, check\_assays

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.2
- Cutoff Unit: g/t Au

#### Review

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

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This narrow, higher-grade interval is positive for local gold concentration, but its limited width and the poor core recovery in the overall interval reduce its materiality and confidence.

- Positive factor: Higher-grade interval indicates local gold concentration

- Negative factor: Very narrow intercept length

- Negative factor: True width is not known

- Negative factor: Poor recovery in the parent interval affects confidence

Evidence · table

> 2.60

Context: 0.9

#### 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

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "mineralsexploration.com.au 23 September 2026 Waitekauri Gold Project Broad Gold Mineralisation Intersected in Second- St"

### TGW012

[Link to this fact](https://atlas-staging.minestarters.com/news/mex-broad-gold-mineralisation-intersected-at-jubilee-south--ed03c5e7-9a81-4519-89e9-b56bbda0145b#fact-drill-facts-6)

Waitekauri · gold

#### Identity

- Hole ID: TGW012
- Project: Waitekauri
- Commodity: gold
- Region: new zealand's north island
- Reported Region: new zealand's north island
- Ticker: MEX

#### Geometry

- Grade: 0.77
- Grade Unit: g/t
- Intercept: 0.9 m
- From: 175.6 m
- To: 176.5 m
- Hole Depth: 181.2 m
- Intercept Depth: 135.5 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: TGW012:175.6-176.5
- Mining Method: unknown

#### Location

- Easting: 1844053.9
- Northing: 5859332.46
- Elevation: 407.34 m
- Azimuth: 90 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Waihi
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, check\_assays

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.2
- Cutoff Unit: g/t Au

#### Review

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

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This narrow, moderate-grade intercept provides additional data points but its limited width and the overall poor recovery in the hole reduce its individual significance.

- Positive factor: Confirms additional mineralisation in the hole

- Negative factor: Very narrow intercept length

- Negative factor: Grade is moderate for gold

- Negative factor: True width is not known

- Negative factor: Poor recovery in the hole affects confidence

Evidence · table

> 0.77

Context: 0.9

#### 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

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "mineralsexploration.com.au 23 September 2026 Waitekauri Gold Project Broad Gold Mineralisation Intersected in Second- St"

### TGW013

[Link to this fact](https://atlas-staging.minestarters.com/news/mex-broad-gold-mineralisation-intersected-at-jubilee-south--ed03c5e7-9a81-4519-89e9-b56bbda0145b#fact-drill-facts-7)

Waitekauri · gold

#### Identity

- Hole ID: TGW013
- Project: Waitekauri
- Commodity: gold
- Region: new zealand's north island
- Reported Region: new zealand's north island
- Ticker: MEX

#### Geometry

- Grade: 1.1
- Grade Unit: g/t
- Intercept: 3.8 m
- From: 70.8 m
- To: 74.6 m
- Hole Depth: 150 m
- Intercept Depth: 70.8 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: TGW013:70.8-74.6
- Mining Method: unknown

#### Location

- Easting: 1844166.62
- Northing: 5859313.73
- Elevation: 389.86 m
- Azimuth: 21 °
- Dip: -60 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Waihi
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, check\_assays

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.2
- Cutoff Unit: g/t Au

#### Review

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

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This narrow, higher-grade intercept is positive for local gold concentration, but its limited width and unknown true width reduce its overall materiality.

- Positive factor: Grade above 1 g/t Au indicates good local gold concentration

- Negative factor: Narrow intercept length

- Negative factor: True width is not known

Evidence · table

> 1.10

Context: 3.8

#### 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

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "mineralsexploration.com.au 23 September 2026 Waitekauri Gold Project Broad Gold Mineralisation Intersected in Second- St"

### TGW013

[Link to this fact](https://atlas-staging.minestarters.com/news/mex-broad-gold-mineralisation-intersected-at-jubilee-south--ed03c5e7-9a81-4519-89e9-b56bbda0145b#fact-drill-facts-8)

Waitekauri · gold

#### Identity

- Hole ID: TGW013
- Project: Waitekauri
- Commodity: gold
- Region: new zealand's north island
- Reported Region: new zealand's north island
- Ticker: MEX

#### Geometry

- Grade: 2.79
- Grade Unit: g/t
- Intercept: 1 m
- From: 70.8 m
- To: 71.8 m
- Hole Depth: 150 m
- Intercept Depth: 70.8 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: TGW013:70.8-71.8
- Mining Method: unknown

#### Location

- Easting: 1844166.62
- Northing: 5859313.73
- Elevation: 389.86 m
- Azimuth: 21 °
- Dip: -60 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Waihi
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, check\_assays

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.2
- Cutoff Unit: g/t Au

#### Review

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

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This very narrow, high-grade interval is a strong indicator of local gold concentration, suggesting the potential for higher-grade shoots, but its limited width means low overall contained metal.

- Positive factor: Strong gold grade for a narrow interval

- Positive factor: Indicates high-grade potential within the system

- Negative factor: Very narrow intercept length

- Negative factor: True width is not known

Evidence · table

> 2.79

Context: 1.0

#### 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

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "mineralsexploration.com.au 23 September 2026 Waitekauri Gold Project Broad Gold Mineralisation Intersected in Second- St"

### TGW013

[Link to this fact](https://atlas-staging.minestarters.com/news/mex-broad-gold-mineralisation-intersected-at-jubilee-south--ed03c5e7-9a81-4519-89e9-b56bbda0145b#fact-drill-facts-9)

Waitekauri · gold

#### Identity

- Hole ID: TGW013
- Project: Waitekauri
- Commodity: gold
- Region: new zealand's north island
- Reported Region: new zealand's north island
- Ticker: MEX

#### Geometry

- Grade: 1.27
- Grade Unit: g/t
- Intercept: 0.9 m
- From: 75.8 m
- To: 76.7 m
- Hole Depth: 150 m
- Intercept Depth: 70.8 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: TGW013:75.8-76.7
- Mining Method: unknown

#### Location

- Easting: 1844166.62
- Northing: 5859313.73
- Elevation: 389.86 m
- Azimuth: 21 °
- Dip: -60 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Waihi
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, check\_assays

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.2
- Cutoff Unit: g/t Au

#### Review

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

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This narrow, higher-grade intercept is positive for local gold concentration, but its limited width and proximity to a zero-recovery zone reduce its overall materiality and confidence.

- Positive factor: Grade above 1 g/t Au indicates local gold concentration

- Negative factor: Very narrow intercept length

- Negative factor: True width is not known

- Negative factor: Located immediately after a zero-recovery interval, which could affect continuity

Evidence · table

> 1.27

Context: 0.9

#### 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

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "mineralsexploration.com.au 23 September 2026 Waitekauri Gold Project Broad Gold Mineralisation Intersected in Second- St"

### TGW013

[Link to this fact](https://atlas-staging.minestarters.com/news/mex-broad-gold-mineralisation-intersected-at-jubilee-south--ed03c5e7-9a81-4519-89e9-b56bbda0145b#fact-drill-facts-10)

Waitekauri · gold

#### Identity

- Hole ID: TGW013
- Project: Waitekauri
- Commodity: gold
- Region: new zealand's north island
- Reported Region: new zealand's north island
- Ticker: MEX

#### Geometry

- Grade: 0.3
- Grade Unit: g/t
- Intercept: 17 m
- From: 96 m
- To: 113 m
- Hole Depth: 150 m
- Intercept Depth: 70.8 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: TGW013:96-113
- Mining Method: unknown

#### Location

- Easting: 1844166.62
- Northing: 5859313.73
- Elevation: 389.86 m
- Azimuth: 21 °
- Dip: -60 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Waihi
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, check\_assays

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.2
- Cutoff Unit: g/t Au

#### Review

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

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This moderate-length, low-grade intercept confirms mineralisation but does not indicate high-grade potential. The true width is unknown.

- Positive factor: Moderate intercept length confirms mineralisation

- Negative factor: Grade is relatively low for gold

- Negative factor: True width is not known

Evidence · table

> 0.30

Context: 17.0

#### 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

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "mineralsexploration.com.au 23 September 2026 Waitekauri Gold Project Broad Gold Mineralisation Intersected in Second- St"

### TGW013

[Link to this fact](https://atlas-staging.minestarters.com/news/mex-broad-gold-mineralisation-intersected-at-jubilee-south--ed03c5e7-9a81-4519-89e9-b56bbda0145b#fact-drill-facts-11)

Waitekauri · gold

#### Identity

- Hole ID: TGW013
- Project: Waitekauri
- Commodity: gold
- Region: new zealand's north island
- Reported Region: new zealand's north island
- Ticker: MEX

#### Geometry

- Grade: 0.47
- Grade Unit: g/t
- Intercept: 3.3 m
- From: 109.7 m
- To: 113 m
- Hole Depth: 150 m
- Intercept Depth: 70.8 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: TGW013:109.7-113
- Mining Method: unknown

#### Location

- Easting: 1844166.62
- Northing: 5859313.73
- Elevation: 389.86 m
- Azimuth: 21 °
- Dip: -60 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Waihi
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, check\_assays

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.2
- Cutoff Unit: g/t Au

#### Review

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

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This narrow, low-grade sub-interval confirms mineralisation but is not particularly material on its own, and true width is unknown.

- Positive factor: Confirms mineralisation within the broader zone

- Negative factor: Grade is relatively low for gold

- Negative factor: Narrow intercept length

- Negative factor: True width is not known

Evidence · table

> 0.47

Context: 3.3

#### 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

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "mineralsexploration.com.au 23 September 2026 Waitekauri Gold Project Broad Gold Mineralisation Intersected in Second- St"

### TGW013

[Link to this fact](https://atlas-staging.minestarters.com/news/mex-broad-gold-mineralisation-intersected-at-jubilee-south--ed03c5e7-9a81-4519-89e9-b56bbda0145b#fact-drill-facts-12)

Waitekauri · gold

#### Identity

- Hole ID: TGW013
- Project: Waitekauri
- Commodity: gold
- Region: new zealand's north island
- Reported Region: new zealand's north island
- Ticker: MEX

#### Geometry

- Grade: 0.4
- Grade Unit: g/t
- Intercept: 14.8 m
- From: 123.6 m
- To: 138.4 m
- Hole Depth: 150 m
- Intercept Depth: 70.8 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: TGW013:123.6-138.4
- Mining Method: unknown

#### Location

- Easting: 1844166.62
- Northing: 5859313.73
- Elevation: 389.86 m
- Azimuth: 21 °
- Dip: -60 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Waihi
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, check\_assays

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.2
- Cutoff Unit: g/t Au

#### Review

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

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This moderate-length, low-grade intercept confirms mineralisation but does not indicate high-grade potential. The true width is unknown.

- Positive factor: Moderate intercept length confirms mineralisation

- Negative factor: Grade is relatively low for gold

- Negative factor: True width is not known

Evidence · table

> 0.40

Context: 14.8

#### 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

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "mineralsexploration.com.au 23 September 2026 Waitekauri Gold Project Broad Gold Mineralisation Intersected in Second- St"

### TGW013

[Link to this fact](https://atlas-staging.minestarters.com/news/mex-broad-gold-mineralisation-intersected-at-jubilee-south--ed03c5e7-9a81-4519-89e9-b56bbda0145b#fact-drill-facts-13)

Waitekauri · gold

#### Identity

- Hole ID: TGW013
- Project: Waitekauri
- Commodity: gold
- Region: new zealand's north island
- Reported Region: new zealand's north island
- Ticker: MEX

#### Geometry

- Grade: 0.54
- Grade Unit: g/t
- Intercept: 5 m
- From: 130 m
- To: 135 m
- Hole Depth: 150 m
- Intercept Depth: 70.8 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: TGW013:130-135
- Mining Method: unknown

#### Location

- Easting: 1844166.62
- Northing: 5859313.73
- Elevation: 389.86 m
- Azimuth: 21 °
- Dip: -60 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Waihi
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, check\_assays

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.2
- Cutoff Unit: g/t Au

#### Review

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

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This narrow, low-grade sub-interval confirms mineralisation but is not particularly material on its own, and true width is unknown.

- Positive factor: Confirms mineralisation within the broader zone

- Negative factor: Grade is relatively low for gold

- Negative factor: True width is not known

Evidence · table

> 0.54

Context: 5.0

#### 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

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "mineralsexploration.com.au 23 September 2026 Waitekauri Gold Project Broad Gold Mineralisation Intersected in Second- St"

### TGW013

[Link to this fact](https://atlas-staging.minestarters.com/news/mex-broad-gold-mineralisation-intersected-at-jubilee-south--ed03c5e7-9a81-4519-89e9-b56bbda0145b#fact-drill-facts-14)

Waitekauri · gold

#### Identity

- Hole ID: TGW013
- Project: Waitekauri
- Commodity: gold
- Region: new zealand's north island
- Reported Region: new zealand's north island
- Ticker: MEX

#### Geometry

- Grade: 1.03
- Grade Unit: g/t
- Intercept: 1.1 m
- From: 133 m
- To: 134.1 m
- Hole Depth: 150 m
- Intercept Depth: 70.8 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: TGW013:133-134.1
- Mining Method: unknown

#### Location

- Easting: 1844166.62
- Northing: 5859313.73
- Elevation: 389.86 m
- Azimuth: 21 °
- Dip: -60 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Waihi
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, check\_assays

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.2
- Cutoff Unit: g/t Au

#### Review

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

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This very narrow, higher-grade interval is positive for local gold concentration, but its limited width means low overall contained metal.

- Positive factor: Local interval above 1 g/t Au indicates higher-grade potential

- Negative factor: Very narrow intercept length

- Negative factor: True width is not known

Evidence · table

> 1.03

Context: 1.1

#### 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

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "mineralsexploration.com.au 23 September 2026 Waitekauri Gold Project Broad Gold Mineralisation Intersected in Second- St"

### TGW014

[Link to this fact](https://atlas-staging.minestarters.com/news/mex-broad-gold-mineralisation-intersected-at-jubilee-south--ed03c5e7-9a81-4519-89e9-b56bbda0145b#fact-drill-facts-15)

Waitekauri · gold

#### Identity

- Hole ID: TGW014
- Project: Waitekauri
- Commodity: gold
- Region: new zealand's north island
- Reported Region: new zealand's north island
- Ticker: MEX

#### Geometry

- Grade: 0.25
- Grade Unit: g/t
- Intercept: 52.5 m
- From: 47.5 m
- To: 100 m
- Hole Depth: 100 m
- Intercept Depth: 47.5 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: TGW014:47.5-100
- Mining Method: unknown

#### Location

- Easting: 1844167.05
- Northing: 5859312.88
- Elevation: 389.86 m
- Azimuth: 201 °
- Dip: -80 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Waihi
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, check\_assays

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.2
- Cutoff Unit: g/t Au

#### Review

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

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This broad intercept, while low-grade, contributes to the understanding of the mineralised system's extent. The lack of true width information reduces confidence in its actual significance.

- Positive factor: Broad intercept length indicates significant mineralised envelope

- Positive factor: Intercept contributes to expanding the known mineralised footprint

- Negative factor: Grade is relatively low for gold

- Negative factor: True width is not known, potentially overstating actual thickness

Evidence · table

> 0.25

Context: 52.5

#### 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

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "mineralsexploration.com.au 23 September 2026 Waitekauri Gold Project Broad Gold Mineralisation Intersected in Second- St"

### TGW014

[Link to this fact](https://atlas-staging.minestarters.com/news/mex-broad-gold-mineralisation-intersected-at-jubilee-south--ed03c5e7-9a81-4519-89e9-b56bbda0145b#fact-drill-facts-16)

Waitekauri · gold

#### Identity

- Hole ID: TGW014
- Project: Waitekauri
- Commodity: gold
- Region: new zealand's north island
- Reported Region: new zealand's north island
- Ticker: MEX

#### Geometry

- Grade: 0.52
- Grade Unit: g/t
- Intercept: 8.5 m
- From: 55 m
- To: 63.5 m
- Hole Depth: 100 m
- Intercept Depth: 47.5 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: TGW014:55-63.5
- Mining Method: unknown

#### Location

- Easting: 1844167.05
- Northing: 5859312.88
- Elevation: 389.86 m
- Azimuth: 201 °
- Dip: -80 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Waihi
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, check\_assays

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.2
- Cutoff Unit: g/t Au

#### Review

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

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This sub-interval shows a moderate grade within the broader mineralisation, indicating local concentration of gold and providing a vector for follow-up. True width remains unknown.

- Positive factor: Higher-grade sub-interval within a broader mineralised zone

- Positive factor: Provides useful vector for future targeting

- Negative factor: Grade is still moderate for gold

- Negative factor: True width is not known

Evidence · table

> 0.52

Context: 8.5

#### 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

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "mineralsexploration.com.au 23 September 2026 Waitekauri Gold Project Broad Gold Mineralisation Intersected in Second- St"

### TGW014

[Link to this fact](https://atlas-staging.minestarters.com/news/mex-broad-gold-mineralisation-intersected-at-jubilee-south--ed03c5e7-9a81-4519-89e9-b56bbda0145b#fact-drill-facts-17)

Waitekauri · gold

#### Identity

- Hole ID: TGW014
- Project: Waitekauri
- Commodity: gold
- Region: new zealand's north island
- Reported Region: new zealand's north island
- Ticker: MEX

#### Geometry

- Grade: 0.71
- Grade Unit: g/t
- Intercept: 1.5 m
- From: 62 m
- To: 63.5 m
- Hole Depth: 100 m
- Intercept Depth: 47.5 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: TGW014:62-63.5
- Mining Method: unknown

#### Location

- Easting: 1844167.05
- Northing: 5859312.88
- Elevation: 389.86 m
- Azimuth: 201 °
- Dip: -80 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Waihi
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, check\_assays

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.2
- Cutoff Unit: g/t Au

#### Review

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

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This narrow, moderate-grade sub-interval confirms local gold concentration but is not particularly material on its own, and true width is unknown.

- Positive factor: Confirms local gold concentration within the broader zone

- Negative factor: Narrow intercept length

- Negative factor: Grade is moderate for gold

- Negative factor: True width is not known

Evidence · table

> 0.71

Context: 1.5

#### 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

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "mineralsexploration.com.au 23 September 2026 Waitekauri Gold Project Broad Gold Mineralisation Intersected in Second- St"

### ML2

[Link to this fact](https://atlas-staging.minestarters.com/news/mex-broad-gold-mineralisation-intersected-at-jubilee-south--ed03c5e7-9a81-4519-89e9-b56bbda0145b#fact-drill-facts-18)

Waitekauri · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: ML2
- Project: Waitekauri
- Commodity: gold
- Region: new zealand's north island
- Reported Region: new zealand's north island
- Ticker: MEX

#### Geometry

- Grade: 4.4
- Grade Unit: g/t
- Intercept: 15 m
- From: 69 m
- To: 84 m
- Intercept Depth: 69 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: ML2:69-84
- Mining Method: unknown

#### Location

- Location: Sovereign prospect
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Waihi
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, check\_assays

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.2
- Cutoff Unit: g/t Au

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2026-07-20T00:00:00.000Z

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is a strong historical intercept, indicating significant high-grade potential at the Sovereign prospect. However, it is not new information and the mention of a void affecting recovery reduces confidence in the continuity of the grade.

- Positive factor: High-grade intercept over a good width

- Positive factor: Indicates strong historical potential at Sovereign

- Negative factor: Historical result, not new information

- Negative factor: True width is not known

- Negative factor: No recovery due to void from 67 to 69m, affecting confidence in continuity

Evidence · text

> ML2 15.0m @ 4.40g/t Au from 69m

#### 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

**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

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "mineralsexploration.com.au 23 September 2026 Waitekauri Gold Project Broad Gold Mineralisation Intersected in Second- St"

### ML2

[Link to this fact](https://atlas-staging.minestarters.com/news/mex-broad-gold-mineralisation-intersected-at-jubilee-south--ed03c5e7-9a81-4519-89e9-b56bbda0145b#fact-drill-facts-19)

Waitekauri · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: ML2
- Project: Waitekauri
- Commodity: gold
- Region: new zealand's north island
- Reported Region: new zealand's north island
- Ticker: MEX

#### Geometry

- Grade: 6.72
- Grade Unit: g/t
- Intercept: 5 m
- From: 69 m
- To: 74 m
- Intercept Depth: 69 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: ML2:69-74
- Mining Method: unknown

#### Location

- Location: Sovereign prospect
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Waihi
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, check\_assays

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.2
- Cutoff Unit: g/t Au

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2026-07-20T00:00:00.000Z

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This very high-grade historical sub-interval further highlights the strong potential for high-grade mineralisation at Sovereign. However, it is not new information and the issue with core recovery in the parent interval impacts confidence.

- Positive factor: Very high-grade sub-interval over a good width

- Positive factor: Indicates strong historical high-grade potential

- Negative factor: Historical result, not new information

- Negative factor: True width is not known

- Negative factor: No recovery due to void in the parent interval affects confidence

Evidence · text

> 5m @ 6.72g/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

**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

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "mineralsexploration.com.au 23 September 2026 Waitekauri Gold Project Broad Gold Mineralisation Intersected in Second- St"

### ML6

[Link to this fact](https://atlas-staging.minestarters.com/news/mex-broad-gold-mineralisation-intersected-at-jubilee-south--ed03c5e7-9a81-4519-89e9-b56bbda0145b#fact-drill-facts-20)

Waitekauri · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: ML6
- Project: Waitekauri
- Commodity: gold
- Region: new zealand's north island
- Reported Region: new zealand's north island
- Ticker: MEX

#### Geometry

- Grade: 12.6
- Grade Unit: g/t
- Intercept: 4 m
- From: 138 m
- To: 142 m
- Intercept Depth: 138 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: ML6:138-142
- Mining Method: unknown

#### Location

- Location: Sovereign prospect
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Waihi
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, check\_assays

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.2
- Cutoff Unit: g/t Au

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2026-07-20T00:00:00.000Z

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is an exceptional historical intercept, demonstrating very high-grade potential at the Sovereign prospect. While not new, it provides strong context for future exploration.

- Positive factor: Exceptional historical gold grade over a good width

- Positive factor: Indicates very strong high-grade potential at Sovereign

- Negative factor: Historical result, not new information

- Negative factor: True width is not known

Evidence · text

> ML6 4.0m @ 12.6g/t Au from 138m

#### 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

**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

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "mineralsexploration.com.au 23 September 2026 Waitekauri Gold Project Broad Gold Mineralisation Intersected in Second- St"

### ML6

[Link to this fact](https://atlas-staging.minestarters.com/news/mex-broad-gold-mineralisation-intersected-at-jubilee-south--ed03c5e7-9a81-4519-89e9-b56bbda0145b#fact-drill-facts-21)

Waitekauri · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: ML6
- Project: Waitekauri
- Commodity: gold
- Region: new zealand's north island
- Reported Region: new zealand's north island
- Ticker: MEX

#### Geometry

- Grade: 22.8
- Grade Unit: g/t
- Intercept: 2 m
- From: 138 m
- To: 140 m
- Intercept Depth: 138 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: ML6:138-140
- Mining Method: unknown

#### Location

- Location: Sovereign prospect
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Waihi
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, check\_assays

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.2
- Cutoff Unit: g/t Au

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2026-07-20T00:00:00.000Z

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This bonanza historical sub-interval is an exceptional indicator of very high-grade gold potential at Sovereign, providing strong encouragement for future drilling, despite being old data.

- Positive factor: Bonanza historical gold grade over a good width

- Positive factor: Indicates exceptional high-grade potential at Sovereign

- Negative factor: Historical result, not new information

- Negative factor: True width is not known

Evidence · text

> 2m @ 22.8g/t Au from 138m

#### 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

**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

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "mineralsexploration.com.au 23 September 2026 Waitekauri Gold Project Broad Gold Mineralisation Intersected in Second- St"

### ML12

[Link to this fact](https://atlas-staging.minestarters.com/news/mex-broad-gold-mineralisation-intersected-at-jubilee-south--ed03c5e7-9a81-4519-89e9-b56bbda0145b#fact-drill-facts-22)

Waitekauri · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: ML12
- Project: Waitekauri
- Commodity: gold
- Region: new zealand's north island
- Reported Region: new zealand's north island
- Ticker: MEX

#### Geometry

- Grade: 3.9
- Grade Unit: g/t
- Intercept: 8 m
- From: 108 m
- To: 116 m
- Intercept Depth: 108 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: ML12:108-116
- Mining Method: unknown

#### Location

- Location: Sovereign prospect
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Waihi
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, check\_assays

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.2
- Cutoff Unit: g/t Au

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2026-07-20T00:00:00.000Z

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This high-grade historical intercept over a good width indicates strong potential at Sovereign, providing valuable context for planned drilling, despite being old data.

- Positive factor: High-grade historical intercept over a good width

- Positive factor: Indicates strong potential at Sovereign

- Negative factor: Historical result, not new information

- Negative factor: True width is not known

Evidence · text

> ML12 8.0m @ 3.9g/t Au from 108m

#### 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

**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

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "mineralsexploration.com.au 23 September 2026 Waitekauri Gold Project Broad Gold Mineralisation Intersected in Second- St"

### ML12

[Link to this fact](https://atlas-staging.minestarters.com/news/mex-broad-gold-mineralisation-intersected-at-jubilee-south--ed03c5e7-9a81-4519-89e9-b56bbda0145b#fact-drill-facts-23)

Waitekauri · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: ML12
- Project: Waitekauri
- Commodity: gold
- Region: new zealand's north island
- Reported Region: new zealand's north island
- Ticker: MEX

#### Geometry

- Grade: 7.2
- Grade Unit: g/t
- Intercept: 2 m
- From: 112 m
- To: 114 m
- Intercept Depth: 108 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: ML12:112-114
- Mining Method: unknown

#### Location

- Location: Sovereign prospect
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Waihi
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, check\_assays

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.2
- Cutoff Unit: g/t Au

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2026-07-20T00:00:00.000Z

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This very high-grade historical sub-interval is a strong indicator of local high-grade potential, providing valuable context for planned drilling, despite being old data and narrow.

- Positive factor: Very high-grade historical sub-interval

- Positive factor: Indicates strong local high-grade potential

- Negative factor: Historical result, not new information

- Negative factor: Narrow intercept length

- Negative factor: True width is not known

Evidence · text

> 2m @ 7.2g/t Au from 112m

#### 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

**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

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "mineralsexploration.com.au 23 September 2026 Waitekauri Gold Project Broad Gold Mineralisation Intersected in Second- St"

### ML12

[Link to this fact](https://atlas-staging.minestarters.com/news/mex-broad-gold-mineralisation-intersected-at-jubilee-south--ed03c5e7-9a81-4519-89e9-b56bbda0145b#fact-drill-facts-24)

Waitekauri · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: ML12
- Project: Waitekauri
- Commodity: gold
- Region: new zealand's north island
- Reported Region: new zealand's north island
- Ticker: MEX

#### Geometry

- Grade: 5.8
- Grade Unit: g/t
- Intercept: 4 m
- From: 124 m
- To: 128 m
- Intercept Depth: 108 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: ML12:124-128
- Mining Method: unknown

#### Location

- Location: Sovereign prospect
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Waihi
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, check\_assays

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.2
- Cutoff Unit: g/t Au

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2026-07-20T00:00:00.000Z

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This high-grade historical intercept over a good width indicates strong potential at Sovereign, providing valuable context for planned drilling, despite being old data.

- Positive factor: High-grade historical intercept over a good width

- Positive factor: Indicates strong potential at Sovereign

- Negative factor: Historical result, not new information

- Negative factor: True width is not known

Evidence · text

> 4.0m @ 5.8g/t Au from 124m

#### 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

**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

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "mineralsexploration.com.au 23 September 2026 Waitekauri Gold Project Broad Gold Mineralisation Intersected in Second- St"

### ML12

[Link to this fact](https://atlas-staging.minestarters.com/news/mex-broad-gold-mineralisation-intersected-at-jubilee-south--ed03c5e7-9a81-4519-89e9-b56bbda0145b#fact-drill-facts-25)

Waitekauri · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: ML12
- Project: Waitekauri
- Commodity: gold
- Region: new zealand's north island
- Reported Region: new zealand's north island
- Ticker: MEX

#### Geometry

- Grade: 7
- Grade Unit: g/t
- Intercept: 2 m
- From: 124 m
- To: 126 m
- Intercept Depth: 108 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: ML12:124-126
- Mining Method: unknown

#### Location

- Location: Sovereign prospect
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Waihi
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, check\_assays

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.2
- Cutoff Unit: g/t Au

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2026-07-20T00:00:00.000Z

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This very high-grade historical sub-interval is a strong indicator of local high-grade potential, providing valuable context for planned drilling, despite being old data and narrow.

- Positive factor: Very high-grade historical sub-interval

- Positive factor: Indicates strong local high-grade potential

- Negative factor: Historical result, not new information

- Negative factor: Narrow intercept length

- Negative factor: True width is not known

Evidence · text

> 2m @ 7.0g/t Au from 124m

#### 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

**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

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "mineralsexploration.com.au 23 September 2026 Waitekauri Gold Project Broad Gold Mineralisation Intersected in Second- St"

### ML12

[Link to this fact](https://atlas-staging.minestarters.com/news/mex-broad-gold-mineralisation-intersected-at-jubilee-south--ed03c5e7-9a81-4519-89e9-b56bbda0145b#fact-drill-facts-26)

Waitekauri · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: ML12
- Project: Waitekauri
- Commodity: gold
- Region: new zealand's north island
- Reported Region: new zealand's north island
- Ticker: MEX

#### Geometry

- Grade: 3.5
- Grade Unit: g/t
- Intercept: 4 m
- From: 154 m
- To: 158 m
- Intercept Depth: 108 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: ML12:154-158
- Mining Method: unknown

#### Location

- Location: Sovereign prospect
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Waihi
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, check\_assays

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.2
- Cutoff Unit: g/t Au

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2026-07-20T00:00:00.000Z

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This high-grade historical intercept over a good width indicates strong potential at Sovereign, providing valuable context for planned drilling, despite being old data.

- Positive factor: High-grade historical intercept over a good width

- Positive factor: Indicates strong potential at Sovereign

- Negative factor: Historical result, not new information

- Negative factor: True width is not known

Evidence · text

> ML12 4.0m @ 3.5g/t Au from 154m

#### 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

**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

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "mineralsexploration.com.au 23 September 2026 Waitekauri Gold Project Broad Gold Mineralisation Intersected in Second- St"

### ML12

[Link to this fact](https://atlas-staging.minestarters.com/news/mex-broad-gold-mineralisation-intersected-at-jubilee-south--ed03c5e7-9a81-4519-89e9-b56bbda0145b#fact-drill-facts-27)

Waitekauri · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: ML12
- Project: Waitekauri
- Commodity: gold
- Region: new zealand's north island
- Reported Region: new zealand's north island
- Ticker: MEX

#### Geometry

- Grade: 2.6
- Grade Unit: g/t
- Intercept: 4 m
- From: 254 m
- To: 258 m
- Intercept Depth: 108 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: ML12:254-258
- Mining Method: unknown

#### Location

- Location: Sovereign prospect
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Waihi
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, check\_assays

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.2
- Cutoff Unit: g/t Au

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2026-07-20T00:00:00.000Z

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This good-grade historical intercept at depth indicates continued potential at Sovereign, providing valuable context for planned drilling, despite being old data.

- Positive factor: Good historical gold grade over a good width

- Positive factor: Indicates potential at depth at Sovereign

- Negative factor: Historical result, not new information

- Negative factor: True width is not known

Evidence · text

> ML12 4.0m @ 2.6g/t Au from 254m

#### 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

**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

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "mineralsexploration.com.au 23 September 2026 Waitekauri Gold Project Broad Gold Mineralisation Intersected in Second- St"

### Fact 29

[Link to this fact](https://atlas-staging.minestarters.com/news/mex-broad-gold-mineralisation-intersected-at-jubilee-south--ed03c5e7-9a81-4519-89e9-b56bbda0145b#fact-drill-facts-28)

Waitekauri Gold Project · gold

#### Identity

- Project: Waitekauri Gold Project
- Commodity: gold
- Region: new zealand's north island
- Reported Region: New Zealand's North Island
- Ticker: MEX

#### Geometry

- Grade: 32.5
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Location

- Location: Joe’s Track prospect
- Easting: 1843258
- Northing: 5858342
- CRS: NZGD2000 / NZTM2000
- Elevation: 330 m
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Waihi
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, check\_assays

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.2
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This exceptional gold grade from a reconnaissance surface sample is a very strong positive indicator of high-grade potential at Joe's Track. However, as a grab sample, it is not representative of bulk mineralisation and requires further work to confirm significance.

- Positive factor: Exceptional gold grade from reconnaissance sampling

- Positive factor: Indicates very high-grade potential at Joe's Track

- Positive factor: New information from recent sampling

- Negative factor: Surface grab sample, not representative of width or bulk mineralisation

- Negative factor: Early-stage exploration, requires follow-up drilling

Evidence · text

> TGR0251: mullock; E 1,843,258; N 5,858,342; RL 330 m; quartz-veined mullock; 32.5 g/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

**Compositing Transparent**

Polarity: positive

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

Why it applies: cutoff\_grade and internal dilution are both stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "mineralsexploration.com.au 23 September 2026 Waitekauri Gold Project Broad Gold Mineralisation Intersected in Second- St"

### Fact 30

[Link to this fact](https://atlas-staging.minestarters.com/news/mex-broad-gold-mineralisation-intersected-at-jubilee-south--ed03c5e7-9a81-4519-89e9-b56bbda0145b#fact-drill-facts-29)

Waitekauri Gold Project · gold

#### Identity

- Project: Waitekauri Gold Project
- Commodity: gold
- Region: new zealand's north island
- Reported Region: New Zealand's North Island
- Ticker: MEX

#### Geometry

- Grade: 20.1
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Location

- Location: Joe’s Track prospect
- Easting: 1843260
- Northing: 5858352
- CRS: NZGD2000 / NZTM2000
- Elevation: 333 m
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Waihi
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, check\_assays

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.2
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This very high gold grade from a reconnaissance surface sample is a strong positive indicator of high-grade potential at Joe's Track. However, as a grab sample, it is not representative of bulk mineralisation and requires further work to confirm significance.

- Positive factor: Very high gold grade from reconnaissance sampling

- Positive factor: Indicates strong high-grade potential at Joe's Track

- Positive factor: New information from recent sampling

- Negative factor: Surface grab sample, not representative of width or bulk mineralisation

- Negative factor: Early-stage exploration, requires follow-up drilling

Evidence · text

> TGR0252: outcrop; E 1,843,260; N 5,858,352; RL 333 m; 40 cm silicified andesite, stockworked host with chalcedonic vein; 20.1 g/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

**Compositing Transparent**

Polarity: positive

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

Why it applies: cutoff\_grade and internal dilution are both stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "mineralsexploration.com.au 23 September 2026 Waitekauri Gold Project Broad Gold Mineralisation Intersected in Second- St"

### Fact 31

[Link to this fact](https://atlas-staging.minestarters.com/news/mex-broad-gold-mineralisation-intersected-at-jubilee-south--ed03c5e7-9a81-4519-89e9-b56bbda0145b#fact-drill-facts-30)

Waitekauri Gold Project · gold

#### Identity

- Project: Waitekauri Gold Project
- Commodity: gold
- Region: new zealand's north island
- Reported Region: New Zealand's North Island
- Ticker: MEX

#### Geometry

- Grade: 1.9
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Location

- Location: Joe’s Track prospect
- Easting: 1843261
- Northing: 5858352
- CRS: NZGD2000 / NZTM2000
- Elevation: 333 m
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Waihi
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, check\_assays

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.2
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This good gold grade from a reconnaissance surface sample is a positive indicator of potential at Joe's Track. However, as a grab sample, it is not representative of bulk mineralisation and requires further work to confirm significance.

- Positive factor: Good gold grade from reconnaissance sampling

- Positive factor: New information from recent sampling

- Negative factor: Surface grab sample, not representative of width or bulk mineralisation

- Negative factor: Early-stage exploration, requires follow-up drilling

Evidence · text

> TGR0253: outcrop; E 1,843,261; N 5,858,352; RL 333 m; 35 cm silicified andesite, stockworked host with fine-crystalline chalcedonic vein; 1.90 g/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

**Compositing Transparent**

Polarity: positive

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

Why it applies: cutoff\_grade and internal dilution are both stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "mineralsexploration.com.au 23 September 2026 Waitekauri Gold Project Broad Gold Mineralisation Intersected in Second- St"

### Fact 32

[Link to this fact](https://atlas-staging.minestarters.com/news/mex-broad-gold-mineralisation-intersected-at-jubilee-south--ed03c5e7-9a81-4519-89e9-b56bbda0145b#fact-drill-facts-31)

Waitekauri Gold Project · gold

#### Identity

- Project: Waitekauri Gold Project
- Commodity: gold
- Region: new zealand's north island
- Reported Region: New Zealand's North Island
- Ticker: MEX

#### Geometry

- Grade: 1.35
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Location

- Location: Joe’s Track prospect
- Easting: 1843257
- Northing: 5858341
- CRS: NZGD2000 / NZTM2000
- Elevation: 329 m
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Waihi
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, check\_assays

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.2
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This good gold grade from a reconnaissance surface sample is a positive indicator of potential at Joe's Track. However, as a grab sample, it is not representative of bulk mineralisation and requires further work to confirm significance.

- Positive factor: Good gold grade from reconnaissance sampling

- Positive factor: New information from recent sampling

- Negative factor: Surface grab sample, not representative of width or bulk mineralisation

- Negative factor: Early-stage exploration, requires follow-up drilling

Evidence · text

> TGR0254: mullock; E 1,843,257; N 5,858,341; RL 329 m; quartz-veined mullock; 1.35 g/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

**Compositing Transparent**

Polarity: positive

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

Why it applies: cutoff\_grade and internal dilution are both stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "mineralsexploration.com.au 23 September 2026 Waitekauri Gold Project Broad Gold Mineralisation Intersected in Second- St"

### Fact 33

[Link to this fact](https://atlas-staging.minestarters.com/news/mex-broad-gold-mineralisation-intersected-at-jubilee-south--ed03c5e7-9a81-4519-89e9-b56bbda0145b#fact-drill-facts-32)

Waitekauri Gold Project · gold

#### Identity

- Project: Waitekauri Gold Project
- Commodity: gold
- Region: new zealand's north island
- Reported Region: New Zealand's North Island
- Ticker: MEX

#### Geometry

- Grade: 0.07
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Location

- Location: Joe’s Track prospect
- Easting: 1843262
- Northing: 5858343
- CRS: NZGD2000 / NZTM2000
- Elevation: 331 m
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Waihi
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, check\_assays

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.2
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This very low gold grade from a reconnaissance surface sample is not material and indicates limited potential in this specific sample. As a grab sample, it is not representative of bulk mineralisation and requires further work.

- Positive factor: New information from recent sampling

- Negative factor: Very low gold grade for a surface sample

- Negative factor: Surface grab sample, not representative of width or bulk mineralisation

- Negative factor: Early-stage exploration, requires follow-up drilling

Evidence · text

> TGR0255: mullock; E 1,843,262; N 5,858,343; RL 331 m; massive crystalline quartz-vein mullock; 0.07 g/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

**Compositing Transparent**

Polarity: positive

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

Why it applies: cutoff\_grade and internal dilution are both stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "mineralsexploration.com.au 23 September 2026 Waitekauri Gold Project Broad Gold Mineralisation Intersected in Second- St"

## 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.
