MHK: Annual Report to shareholders

Original announcement by asx on

Company
METAL HAWK LIMITED
Ticker
MHK
Exchange
ASX
Region
Western Australia
Primary commodity
Gold
Secondary commodities
Zinc, Copper, Molybdenum, Bismuth, Tellurium
Document categories
Drill results, Capital raise, Other
Extracted
2026-10-07 03:03:43 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Metal Hawk Limited's annual report for FY26 highlights significant exploration success, particularly at its Leinster South Gold Project in Western Australia. Subsequent to year-end, the company announced its best drill result to date from the Thylacine South zone, intersecting 9m at 12.3 g/t gold, including 5m at 20.7 g/t gold, confirming shallow, high-grade continuity. This success is supported by a recent $1.2 million capital raise to fund ongoing drilling and exploration activities.

Reasoning: The annual report highlights a significant new high-grade gold intercept at the Leinster South project, described as the best result to date, confirming continuity and leading to a successful capital raise to fund further drilling. The report also details other strong historical drill results and project acquisitions.

Positive factors

  • High-grade gold intercept
  • Confirmation of continuity of high-grade mineralization
  • Discovery of a new lode
  • Successful capital raise to fund ongoing drilling
  • Expansion of project pipeline
  • EIS co-funding support
  • QP/CP Signed
  • JORC Compliant
  • Step-Out Extension

Negative factors

  • Some RC drilling did not justify immediate follow-up
  • Cash balance decreased significantly over the FY

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

Facts used in scoring: 31

Classification and evidence

QP/CP Signedpositive · Story-specific tag

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: Mr William Belbin is stated as a 'Competent Person' and a Member of the Australian Institute of Geoscientists (AIG) responsible for the Exploration Results.

Evidence · text

“Mr William Belbin and represents an accurate representation of the available data. Mr Belbin is the Managing Director of Metal Hawk Limited and is a “Competent Person” and a Member of the Australian Institute of Geoscientists (AIG).”

JORC Compliantpositive · Story-specific tag

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: The report refers to 'JORC 2012 reporting tables' for further details on exploration results.

Evidence · text

“Further details relating to the information provided in this report, including JORC 2012 reporting tables”

Bonanza Interceptpositive

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

Why it applies: The sub-interval of 5m @ 20.7g/t Au exceeds the 15 g/t gold exceptional threshold for underground mining and 5 g/t for open pit.

Evidence · text

“including 5m @ 20.7g/t Au from 72m.”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: Follow-up drilling successfully intersected the newly named Numbat lode 35m further down plunge.

Evidence · text

“Metal Hawk’s follow-up drilling successfully intersected the newly named Numbat lode 35m further down plunge in 26LSRC077”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: Follow-up RC drilling confirmed the continuity of the Thylacine south zone.

Evidence · text

“Follow-up RC drilling in early-2026 confirmed the continuity of this zone”

Stale Data Re-releasenegative

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

Why it applies: Multiple drill results from FY26 are presented in an annual report published in October 2026, with explicit references to prior ASX announcements, indicating they are not new assays.

Evidence · text

“INITIAL RC RESULTS CONFIRM GOLD SYSTEM AT THYLACINE 31 July 2025”

Extracted facts

Stored fact records: 31. Some facts used in scoring do not have a stored record.

Drill Results (31)

26LSRC077Leinster South · goldGrade: 12.3Grade Unit: g/tIntercept: 9 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
26LSRC077
Project
Leinster South
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
MHK

Geometry

Grade
12.3
Grade Unit
g/t
Intercept
9 m
From
70 m
To
79 m
Intercept Depth
70 m

Classification

Sample Type
drill
Group ID
26LSRC077:70-79

Location

Location
Thylacine south zone, Numbat lode
Loc. Source
document

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-08-25T00:00:00.000Z

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: The intercept of 9m @ 12.3g/t Au is a high-grade gold result, confirming continuity and extending mineralization 35m down plunge at the Numbat lode.

Positive factors

  • High-grade gold
  • Continuity confirmed
  • Step-Out Extension

Evidence · text

“Subsequent to year end, Metal Hawk completed a further ten-hole RC drilling program for 1,153 metres at Leinster South. Significant results from the Numbat lode at the Thylacine prospect included 9m at 12.3g/t Au from 70m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

26LSRC077Leinster South · goldGrade: 20.7Grade Unit: g/tIntercept: 5 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
26LSRC077
Project
Leinster South
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
MHK

Geometry

Grade
20.7
Grade Unit
g/t
Intercept
5 m
From
72 m
To
77 m
Intercept Depth
72 m

Classification

Sample Type
drill
Group ID
26LSRC077:72-77

Location

Location
Thylacine south zone, Numbat lode
Loc. Source
document

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-08-25T00:00:00.000Z

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: The sub-interval of 5m @ 20.7g/t Au is an exceptionally high-grade gold result, confirming continuity and extending mineralization at the Numbat lode.

Positive factors

  • Bonanza Intercept
  • High-grade gold
  • Continuity confirmed
  • Step-Out Extension

Evidence · text

“9m at 12.3g/t Au from 70m, including 5m at 20.7g/t Au from 72m.”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

LSD005Leinster South · goldGrade: 15.28Grade Unit: g/tIntercept: 2.3 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
LSD005
Project
Leinster South
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
MHK

Geometry

Grade
15.28
Grade Unit
g/t
Intercept
2.3 m
From
28.1 m
To
30.4 m
Intercept Depth
28.1 m

Classification

Sample Type
drill
Group ID
LSD005:28.1-30.4

Location

Location
Thylacine south zone
Loc. Source
document

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-12-22T00:00:00.000Z

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This historical diamond drill intercept of 2.3m @ 15.28g/t Au is a high-grade gold result from the Thylacine south zone.

Positive factors

  • High-grade gold

Negative factors

  • Stale Data Re-release

Evidence · text

“LSD005: 2.3m @ 15.28g/t Au from 28.1m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

LSD005Leinster South · goldGrade: 29.93Grade Unit: g/tIntercept: 0.82 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
LSD005
Project
Leinster South
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
MHK

Geometry

Grade
29.93
Grade Unit
g/t
Intercept
0.82 m
From
28.5 m
To
29.32 m
Intercept Depth
28.5 m

Classification

Sample Type
drill
Group ID
LSD005:28.5-29.32

Location

Location
Thylacine south zone
Loc. Source
document

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-12-22T00:00:00.000Z

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This historical sub-interval of 0.82m @ 29.93g/t Au is an exceptionally high-grade gold result.

Positive factors

  • Bonanza Intercept
  • High-grade gold

Negative factors

  • Stale Data Re-release

Evidence · text

“2.3m @ 15.28g/t Au from 28.1m, including 0.82m @ 29.93g/t Au from 28.5m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

LSD005Leinster South · goldGrade: 39.9Grade Unit: g/tIntercept: 0.2 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
LSD005
Project
Leinster South
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
MHK

Geometry

Grade
39.9
Grade Unit
g/t
Intercept
0.2 m
From
29.12 m
To
29.32 m
Intercept Depth
29.12 m

Classification

Sample Type
drill
Group ID
LSD005:29.12-29.32

Location

Location
Thylacine south zone
Loc. Source
document

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-12-22T00:00:00.000Z

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This historical sub-interval of 0.2m @ 39.9g/t Au is an exceptionally high-grade gold result.

Positive factors

  • Bonanza Intercept
  • High-grade gold

Negative factors

  • Stale Data Re-release

Evidence · text

“including 0.82m @ 29.93g/t Au from 28.5m and 0.2m @ 39.9g/t Au from 29.12m.”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

LSD003Leinster South · goldGrade: 7.71Grade Unit: g/tIntercept: 1.7 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
LSD003
Project
Leinster South
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
MHK

Geometry

Grade
7.71
Grade Unit
g/t
Intercept
1.7 m
From
338.65 m
To
340.35 m
Intercept Depth
338.65 m

Classification

Sample Type
drill
Group ID
LSD003:338.65-340.35

Location

Location
South Zone
Loc. Source
document

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-12-22T00:00:00.000Z

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This historical diamond drill intercept of 1.7m @ 7.71g/t Au is a high-grade gold result.

Positive factors

  • High-grade gold

Negative factors

  • Stale Data Re-release

Evidence · text

“LSD003: 1.7m @ 7.71g/t Au from 338.65m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

LSD003Leinster South · goldGrade: 12.41Grade Unit: g/tIntercept: 1 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
LSD003
Project
Leinster South
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
MHK

Geometry

Grade
12.41
Grade Unit
g/t
Intercept
1 m
From
339 m
To
340 m
Intercept Depth
339 m

Classification

Sample Type
drill
Group ID
LSD003:339-340

Location

Location
South Zone
Loc. Source
document

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-12-22T00:00:00.000Z

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This historical sub-interval of 1m @ 12.41g/t Au is a high-grade gold result.

Positive factors

  • High-grade gold

Negative factors

  • Stale Data Re-release

Evidence · text

“1.7m @ 7.71g/t Au from 338.65m, including 1m @ 12.41g/t Au from 339m.”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

LSD002Leinster South · goldGrade: 1.69Grade Unit: g/tIntercept: 4.12 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
LSD002
Project
Leinster South
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
MHK

Geometry

Grade
1.69
Grade Unit
g/t
Intercept
4.12 m
From
217 m
To
221.12 m
Intercept Depth
217 m

Classification

Sample Type
drill
Group ID
LSD002:217-221.12

Location

Location
South Zone
Loc. Source
document

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-12-22T00:00:00.000Z

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This historical diamond drill intercept of 4.12m @ 1.69g/t Au is a moderate-grade gold result.

Negative factors

  • Stale Data Re-release

Evidence · text

“LSD002: 4.12m @ 1.69g/t Au from 217m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

LSD002Leinster South · goldGrade: 3.77Grade Unit: g/tIntercept: 1.32 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
LSD002
Project
Leinster South
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
MHK

Geometry

Grade
3.77
Grade Unit
g/t
Intercept
1.32 m
From
219.8 m
To
221.12 m
Intercept Depth
219.8 m

Classification

Sample Type
drill
Group ID
LSD002:219.8-221.12

Location

Location
South Zone
Loc. Source
document

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-12-22T00:00:00.000Z

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This historical sub-interval of 1.32m @ 3.77g/t Au is a moderate-grade gold result.

Negative factors

  • Stale Data Re-release

Evidence · text

“4.12m @ 1.69g/t Au from 217m, including 1.32m @ 3.77g/t Au from 219.8m.”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

26LSRC066Leinster South · goldGrade: 9.82Grade Unit: g/tIntercept: 3 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
26LSRC066
Project
Leinster South
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
MHK

Geometry

Grade
9.82
Grade Unit
g/t
Intercept
3 m
From
32 m
To
35 m
Intercept Depth
32 m

Classification

Sample Type
drill
Group ID
26LSRC066:32-35

Location

Location
Thylacine south zone
Loc. Source
document

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-05-11T00:00:00.000Z

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This historical RC drill intercept of 3m @ 9.82g/t Au is a high-grade gold result confirming continuity at the Thylacine south zone.

Positive factors

  • High-grade gold
  • Infill Drilling

Negative factors

  • Stale Data Re-release

Evidence · text

“3m @ 9.82g/t Au from 32m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

26LSRC066Leinster South · goldGrade: 14.1Grade Unit: g/tIntercept: 2 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
26LSRC066
Project
Leinster South
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
MHK

Geometry

Grade
14.1
Grade Unit
g/t
Intercept
2 m
From
32 m
To
34 m
Intercept Depth
32 m

Classification

Sample Type
drill
Group ID
26LSRC066:32-34

Location

Location
Thylacine south zone
Loc. Source
document

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-05-11T00:00:00.000Z

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This historical sub-interval of 2m @ 14.1g/t Au is a high-grade gold result confirming continuity.

Positive factors

  • High-grade gold
  • Infill Drilling

Negative factors

  • Stale Data Re-release

Evidence · text

“3m @ 9.82g/t Au from 32m (including 2m @ 14.1g/t Au)”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

26LSRC065Leinster South · goldGrade: 2.83Grade Unit: g/tIntercept: 6 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
26LSRC065
Project
Leinster South
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
MHK

Geometry

Grade
2.83
Grade Unit
g/t
Intercept
6 m
From
32 m
To
38 m
Intercept Depth
32 m

Classification

Sample Type
drill
Group ID
26LSRC065:32-38

Location

Location
Thylacine south zone
Loc. Source
document

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-05-11T00:00:00.000Z

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This historical RC drill intercept of 6m @ 2.83g/t Au is a moderate-grade gold result confirming continuity at the Thylacine south zone.

Positive factors

  • Infill Drilling

Negative factors

  • Stale Data Re-release

Evidence · text

“6m @ 2.83g/t Au from 32m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

26LSRC065Leinster South · goldGrade: 4.2Grade Unit: g/tIntercept: 3 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
26LSRC065
Project
Leinster South
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
MHK

Geometry

Grade
4.2
Grade Unit
g/t
Intercept
3 m
From
32 m
To
35 m
Intercept Depth
32 m

Classification

Sample Type
drill
Group ID
26LSRC065:32-35

Location

Location
Thylacine south zone
Loc. Source
document

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-05-11T00:00:00.000Z

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This historical sub-interval of 3m @ 4.2g/t Au is a moderate-grade gold result confirming continuity.

Positive factors

  • Infill Drilling

Negative factors

  • Stale Data Re-release

Evidence · text

“6m @ 2.83g/t Au from 32m (including 3m @ 4.2g/t Au)”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

26LSRC068Leinster South · goldGrade: 3.2Grade Unit: g/tIntercept: 8 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
26LSRC068
Project
Leinster South
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
MHK

Geometry

Grade
3.2
Grade Unit
g/t
Intercept
8 m
From
26 m
To
34 m
Intercept Depth
26 m

Classification

Sample Type
drill
Group ID
26LSRC068:26-34

Location

Location
Thylacine south zone
Loc. Source
document

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-05-11T00:00:00.000Z

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This historical RC drill intercept of 8m @ 3.2g/t Au is a moderate-grade gold result confirming continuity at the Thylacine south zone.

Positive factors

  • Infill Drilling

Negative factors

  • Stale Data Re-release

Evidence · text

“8m @ 3.2g/t Au from 26m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

26LSRC068Leinster South · goldGrade: 3.3Grade Unit: g/tIntercept: 7 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
26LSRC068
Project
Leinster South
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
MHK

Geometry

Grade
3.3
Grade Unit
g/t
Intercept
7 m
From
150 m
To
157 m
Intercept Depth
150 m

Classification

Sample Type
drill
Group ID
26LSRC068:150-157

Location

Location
Thylacine south zone
Loc. Source
document

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-05-11T00:00:00.000Z

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This historical RC drill intercept of 7m @ 3.3g/t Au is a moderate-grade gold result confirming continuity at the Thylacine south zone.

Positive factors

  • Infill Drilling

Negative factors

  • Stale Data Re-release

Evidence · text

“and 7m @ 3.3g/t Au from 150m.”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

25LSRC011Leinster South · goldGrade: 7.87Grade Unit: g/tIntercept: 2 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
25LSRC011
Project
Leinster South
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
MHK

Geometry

Grade
7.87
Grade Unit
g/t
Intercept
2 m
From
7 m
To
9 m
Intercept Depth
7 m

Classification

Sample Type
drill
Group ID
25LSRC011:7-9

Location

Location
Siberian Tiger
Loc. Source
document

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-09-18T00:00:00.000Z

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This historical RC drill intercept of 2m @ 7.87g/t Au is a high-grade gold result from the Siberian Tiger prospect.

Positive factors

  • High-grade gold

Negative factors

  • Stale Data Re-release

Evidence · text

“2m @ 7.87g/t Au from 7m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

25LSRC011Leinster South · goldGrade: 12.62Grade Unit: g/tIntercept: 1 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
25LSRC011
Project
Leinster South
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
MHK

Geometry

Grade
12.62
Grade Unit
g/t
Intercept
1 m
From
7 m
To
8 m
Intercept Depth
7 m

Classification

Sample Type
drill
Group ID
25LSRC011:7-8

Location

Location
Siberian Tiger
Loc. Source
document

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-09-18T00:00:00.000Z

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This historical sub-interval of 1m @ 12.62g/t Au is a high-grade gold result.

Positive factors

  • High-grade gold

Negative factors

  • Stale Data Re-release

Evidence · text

“2m @ 7.87g/t Au from 7m (including 1m @ 12.62g/t Au)”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

25LSRC029Leinster South · goldGrade: 13.87Grade Unit: g/tIntercept: 1 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
25LSRC029
Project
Leinster South
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
MHK

Geometry

Grade
13.87
Grade Unit
g/t
Intercept
1 m
From
47 m
To
48 m
Intercept Depth
47 m

Classification

Sample Type
drill
Group ID
25LSRC029:47-48

Location

Location
Thylacine
Loc. Source
document

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-09-18T00:00:00.000Z

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This historical RC drill intercept of 1m @ 13.87g/t Au is a high-grade gold result from the Thylacine prospect.

Positive factors

  • High-grade gold

Negative factors

  • Stale Data Re-release

Evidence · text

“1m @ 13.87g/t Au from 47m (25LSRC029)”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

25LSRC007Leinster South · goldGrade: 3.43Grade Unit: g/tIntercept: 4 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
25LSRC007
Project
Leinster South
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
MHK

Geometry

Grade
3.43
Grade Unit
g/t
Intercept
4 m
From
13 m
To
17 m
Intercept Depth
13 m

Classification

Sample Type
drill
Group ID
25LSRC007:13-17

Location

Location
Thylacine
Loc. Source
document

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-09-18T00:00:00.000Z

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This historical RC drill intercept of 4m @ 3.43g/t Au is a moderate-grade gold result from the Thylacine prospect.

Negative factors

  • Stale Data Re-release

Evidence · text

“4m @ 3.43g/t Au from 13m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

25LSRC007Leinster South · goldGrade: 9.34Grade Unit: g/tIntercept: 1 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
25LSRC007
Project
Leinster South
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
MHK

Geometry

Grade
9.34
Grade Unit
g/t
Intercept
1 m
From
16 m
To
17 m
Intercept Depth
16 m

Classification

Sample Type
drill
Group ID
25LSRC007:16-17

Location

Location
Thylacine
Loc. Source
document

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-09-18T00:00:00.000Z

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This historical sub-interval of 1m @ 9.34g/t Au is a high-grade gold result.

Positive factors

  • High-grade gold

Negative factors

  • Stale Data Re-release

Evidence · text

“4m @ 3.43g/t Au from 13m, including 1m @ 9.34g/t Au from 16m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

25LSRC041Leinster South · goldGrade: 2.44Grade Unit: g/tIntercept: 2 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
25LSRC041
Project
Leinster South
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
MHK

Geometry

Grade
2.44
Grade Unit
g/t
Intercept
2 m
From
37 m
To
39 m
Intercept Depth
37 m

Classification

Sample Type
drill
Group ID
25LSRC041:37-39

Location

Location
Tysons
Loc. Source
document

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-05-11T00:00:00.000Z

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This historical RC drill intercept of 2m @ 2.44g/t Au is a moderate-grade gold result from the Tysons prospect.

Negative factors

  • Stale Data Re-release

Evidence · text

“2m @ 2.44g/t Au from 37m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

25LSRC041Leinster South · goldGrade: 4.37Grade Unit: g/tIntercept: 1 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
25LSRC041
Project
Leinster South
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
MHK

Geometry

Grade
4.37
Grade Unit
g/t
Intercept
1 m
From
37 m
To
38 m
Intercept Depth
37 m

Classification

Sample Type
drill
Group ID
25LSRC041:37-38

Location

Location
Tysons
Loc. Source
document

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-05-11T00:00:00.000Z

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This historical sub-interval of 1m @ 4.37g/t Au is a moderate-grade gold result.

Negative factors

  • Stale Data Re-release

Evidence · text

“2m @ 2.44g/t Au from 37m (including 1m @ 4.37g/t Au)”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

26LSRC060Leinster South · goldGrade: 0.42Grade Unit: g/tIntercept: 12 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
26LSRC060
Project
Leinster South
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
MHK

Geometry

Grade
0.42
Grade Unit
g/t
Intercept
12 m
From
40 m
To
52 m
Intercept Depth
40 m

Classification

Sample Type
drill
Group ID
26LSRC060:40-52

Location

Location
Tysons
Loc. Source
document

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-05-11T00:00:00.000Z

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This historical RC drill intercept of 12m @ 0.42g/t Au is a low-grade gold result from the Tysons prospect, and the SAM conductive target did not return results considered to justify immediate follow-up.

Negative factors

  • Stale Data Re-release

Evidence · text

“12m @ 0.42g/t Au from 40m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

25LSRC005Leinster South · goldGrade: 5.28Grade Unit: g/tIntercept: 1 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
25LSRC005
Project
Leinster South
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
MHK

Geometry

Grade
5.28
Grade Unit
g/t
Intercept
1 m
From
47 m
To
48 m
Intercept Depth
47 m

Classification

Sample Type
drill
Group ID
25LSRC005:47-48

Location

Location
Thylacine
Loc. Source
document

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-07-31T00:00:00.000Z

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This historical RC drill intercept of 1m @ 5.28g/t Au is a high-grade gold result from the Thylacine prospect.

Positive factors

  • High-grade gold

Negative factors

  • Stale Data Re-release

Evidence · text

“1m @ 5.28g/t Au from 47m (25LSRC005)”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

25LSRC003Leinster South · goldGrade: 3.25Grade Unit: g/tIntercept: 2 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
25LSRC003
Project
Leinster South
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
MHK

Geometry

Grade
3.25
Grade Unit
g/t
Intercept
2 m
From
69 m
To
71 m
Intercept Depth
69 m

Classification

Sample Type
drill
Group ID
25LSRC003:69-71

Location

Location
Thylacine
Loc. Source
document

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-07-31T00:00:00.000Z

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This historical RC drill intercept of 2m @ 3.25g/t Au is a moderate-grade gold result from the Thylacine prospect.

Negative factors

  • Stale Data Re-release

Evidence · text

“2m @ 3.25g/t Au from 69m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

25LSRC003Leinster South · goldGrade: 3.15Grade Unit: g/tIntercept: 1 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
25LSRC003
Project
Leinster South
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
MHK

Geometry

Grade
3.15
Grade Unit
g/t
Intercept
1 m
From
125 m
To
126 m
Intercept Depth
125 m

Classification

Sample Type
drill
Group ID
25LSRC003:125-126

Location

Location
Thylacine
Loc. Source
document

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-07-31T00:00:00.000Z

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This historical RC drill intercept of 1m @ 3.15g/t Au is a moderate-grade gold result from the Thylacine prospect.

Negative factors

  • Stale Data Re-release

Evidence · text

“1m @ 3.15g/t Au from 125m (25LSRC003)”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

25LSRC006Leinster South · goldGrade: 4.07Grade Unit: g/tIntercept: 1 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
25LSRC006
Project
Leinster South
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
MHK

Geometry

Grade
4.07
Grade Unit
g/t
Intercept
1 m
From
77 m
To
78 m
Intercept Depth
77 m

Classification

Sample Type
drill
Group ID
25LSRC006:77-78

Location

Location
Thylacine
Loc. Source
document

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-07-31T00:00:00.000Z

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This historical RC drill intercept of 1m @ 4.07g/t Au is a moderate-grade gold result from the Thylacine prospect.

Negative factors

  • Stale Data Re-release

Evidence · text

“1m @ 4.07g/t Au from 77m (25LSRC006)”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

Fact 28View all details
Link to this fact

Identity

Ticker
MHK

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: The company successfully raised $1.2 million via a placement to fund ongoing drilling and working capital, providing financial support for future activities.

Positive factors

  • Capital Raise

Evidence · text

“On 21 September 2026, the Company announced that it had received firm commitments from sophisticated investors to raise $1.2 million before costs through a placement of approximately 12.6 million new fully paid ordinary shares at an issue price of $0.095 per share.”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Fact 29View all details
Link to this fact

Identity

Ticker
MHK

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: The company divested non-core project interests for shares and options in Talonx Resources Limited, aligning with its strategy to focus on core gold exploration targets.

Evidence · text

“On 15 October 2025, the Company completed the disposal of its Viking Gold Project and Blair North Project tenements to Talonx Resources Limited. Consideration comprised 150,000,000 fully paid ordinary shares and 75,000,000 unquoted options in Talonx Resources Limited”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Fact 30Mt Percy Gold ProjectView all details
Link to this fact

Identity

Project
Mt Percy Gold Project
Region
australia_wa
Reported Region
Western Australia
Ticker
MHK

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: The company expanded its project pipeline by acquiring the Mt Percy Gold Project, adding a second pillar of exploration in a prospective gold district.

Positive factors

  • Expansion of project pipeline

Evidence · text

“The Company secured a significant new growth option during the year at the Mt Percy Gold Project, near Leonora, where we pegged ground and then won two contested tenement ballots to build a landholding of more than 289km²”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Fact 31Leinster SouthView all details
Link to this fact

Identity

Project
Leinster South
Ticker
MHK

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: The company received $175,000 in co-funding for a diamond drilling program, supporting ongoing exploration activities at Leinster South.

Positive factors

  • EIS co-funding support

Evidence · text

“A further $175,000 in EIS co-funding was awarded for a three-hole diamond drilling program at Leinster South.”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

How Atlas produces this analysis

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