MM1: Midas continues to grow T-13 high-grade copper-silver zone

Original announcement by asx on

Company
Midas Minerals Ltd
Ticker
MM1
Exchange
ASX
Region
Namibia
Primary commodity
Copper
Secondary commodities
Silver
Document categories
Drill results
Extracted
2026-10-05 23:16:15 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Midas Minerals announced exceptional high-grade copper-silver infill drilling results from its T-13 deposit at the Otavi Copper Project in Namibia. Intercepts included 10.0m at 11.55% CuEq from 355.5m in hole T13DD034, which exceeded expectations and extended the mineralization to the west. The company is continuing drilling with seven rigs and plans an updated Mineral Resource Estimate for T-13 in Q1 CY2027.

Reasoning: New infill drilling results at the T-13 Main Zone delivered exceptional high-grade copper-silver intercepts, including 10.0m at 11.55% CuEq, which exceeded expectations and extended the mineralization to the west, demonstrating strong continuity with disclosed true widths.

Positive factors

  • high_grade_intercepts
  • significant_intercept_widths
  • mineralization_extension
  • strong_continuity
  • exceeds_expectations
  • true_width_disclosed

Facts used in scoring: 52

Classification and evidence

Bonanza Interceptpositive

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

Why it applies: Hole T13DD034 returned 10.0m at 11.55% CuEq, which is an exceptionally high-grade zone for copper-silver.

Evidence · text

“10.0m at 11.55% CuEq (8.83% Cu and 143.7g/t Ag) from 355.5m”

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: The document states that true widths are estimated to be between 80% and 95% of the intercept width for the reported holes.

Evidence · text

“The true width of intercepts for T13DD026, T13DD027, T13DD029, T13DD031, and T13DD034 are estimated to be between 90% and 95% of intercept width. For T13DD030 the estimated true width is 80-85% of the intercept width.”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The copper-silver mineralisation in hole T13DD034 remains open to the west, indicating an extension beyond the previously known limits.

Evidence · text

“Copper-silver mineralisation intercepted in hole T13DD034 is stronger than anticipated and importantly, remains open to west”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: The release includes a detailed JORC Table 1 with information on sampling techniques, laboratory procedures, and QA/QC methods including duplicates, standards, and blanks.

Evidence · text

“All analysis was completed at SANAS accredited ALS laboratory in South Africa or Canada. The samples were dried, crushed, and pulverised as described below. Duplicate sample pulps and fine crush rejects will be returned to storage.”

Compositing Transparentpositive

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

Why it applies: The document clearly states the lower cut-off grade of 0.4% Cu and that lower grade intervals of up to 4m were included in the aggregations.

Evidence · text

“All drill hole intersections are reported above a lower cut-off grade of 0.4% Cu. For samples of varying or equal lengths, a length-weighted average is applied for the reported intersection. Lower grade intervals of up to 4m were included, also on the same basis.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling program is explicitly described as infill drilling on the T-13 Main Zone to provide definition to the mineralization's geometry and grade continuity.

Evidence · text

“Infill drilling on the T-13 Main Zone continues to exceed expectations as the high-grade portion of the deposit exhibits stronger continuity than initially anticipated.”

Extracted facts

Stored fact records: 52. Some facts used in scoring do not have a stored record.

Drill Results (52)

T13DD026Otavi · copperGrade: 1.1Grade Unit: %Intercept: 6.2 mView all details
Link to this fact

Identity

Hole ID
T13DD026
Project
Otavi
Commodity
copper
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
1.1
Grade Unit
%
Intercept
6.2 m
True Width
5.58 m
From
176.8 m
To
183 m
Hole Depth
252 m
Intercept Depth
176.8 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
T13DD026:176.8-183
Mining Method
underground

Location

Location
Main Zone
Easting
688882
Northing
7830705
CRS
WGS84 / UTM Zone 33 South
Elevation
1449 m
Azimuth
345 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1.66
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.4
Cutoff Unit
% Cu
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: A moderate copper-silver intercept with disclosed true width, contributing to the overall infill drilling program.

Positive factors

  • true_width_disclosed

Evidence · table

“1.10”

Context: 6.2

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 5.58

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "LEGAL*58475620.1 ASX / MEDIA ANNOUNCEMENT 6 October 2026 Midas Minerals Ltd | Level 2, 8 Richardson Street, West Perth W"

T13DD026Otavi · silverGrade: 29.6Grade Unit: g/tIntercept: 6.2 mView all details
Link to this fact

Identity

Hole ID
T13DD026
Project
Otavi
Commodity
silver
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
29.6
Grade Unit
g/t
Intercept
6.2 m
True Width
5.58 m
From
176.8 m
To
183 m
Hole Depth
252 m
Intercept Depth
176.8 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
T13DD026:176.8-183
Mining Method
underground

Location

Location
Main Zone
Easting
688882
Northing
7830705
CRS
WGS84 / UTM Zone 33 South
Elevation
1449 m
Azimuth
345 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1.66
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.4
Cutoff Unit
% Cu
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: A moderate silver intercept with disclosed true width, contributing to the overall infill drilling program.

Positive factors

  • true_width_disclosed

Evidence · table

“29.6”

Context: 6.2

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 5.58

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "LEGAL*58475620.1 ASX / MEDIA ANNOUNCEMENT 6 October 2026 Midas Minerals Ltd | Level 2, 8 Richardson Street, West Perth W"

T13DD026Otavi · copperGrade: 0.51Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Hole ID
T13DD026
Project
Otavi
Commodity
copper
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
0.51
Grade Unit
%
Intercept
1 m
True Width
0.9 m
From
195 m
To
196 m
Hole Depth
252 m
Intercept Depth
176.8 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
T13DD026:195-196
Mining Method
underground

Location

Location
Main Zone
Easting
688882
Northing
7830705
CRS
WGS84 / UTM Zone 33 South
Elevation
1449 m
Azimuth
345 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
0.79
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.4
Cutoff Unit
% Cu
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: A narrow, weak copper-silver intercept with disclosed true width, contributing to the overall infill drilling program.

Positive factors

  • true_width_disclosed

Evidence · table

“0.51”

Context: 1.0

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.9

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "LEGAL*58475620.1 ASX / MEDIA ANNOUNCEMENT 6 October 2026 Midas Minerals Ltd | Level 2, 8 Richardson Street, West Perth W"

T13DD026Otavi · silverGrade: 15Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
T13DD026
Project
Otavi
Commodity
silver
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
15
Grade Unit
g/t
Intercept
1 m
True Width
0.9 m
From
195 m
To
196 m
Hole Depth
252 m
Intercept Depth
176.8 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
T13DD026:195-196
Mining Method
underground

Location

Location
Main Zone
Easting
688882
Northing
7830705
CRS
WGS84 / UTM Zone 33 South
Elevation
1449 m
Azimuth
345 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.4
Cutoff Unit
% Cu
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: A narrow, weak silver intercept with disclosed true width, contributing to the overall infill drilling program.

Positive factors

  • true_width_disclosed

Evidence · table

“15.0”

Context: 1.0

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.9

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "LEGAL*58475620.1 ASX / MEDIA ANNOUNCEMENT 6 October 2026 Midas Minerals Ltd | Level 2, 8 Richardson Street, West Perth W"

T13DD026Otavi · copperGrade: 3.27Grade Unit: %Intercept: 2.3 mView all details
Link to this fact

Identity

Hole ID
T13DD026
Project
Otavi
Commodity
copper
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
3.27
Grade Unit
%
Intercept
2.3 m
True Width
2.07 m
From
206.7 m
To
209 m
Hole Depth
252 m
Intercept Depth
176.8 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
T13DD026:206.7-209
Mining Method
underground

Location

Location
Main Zone
Easting
688882
Northing
7830705
CRS
WGS84 / UTM Zone 33 South
Elevation
1449 m
Azimuth
345 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
4.04
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.4
Cutoff Unit
% Cu
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: A high-grade copper-silver intercept with disclosed true width, contributing positively to the infill drilling program.

Positive factors

  • high_grade_intercepts
  • true_width_disclosed

Evidence · table

“3.27”

Context: 2.3

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.07

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "LEGAL*58475620.1 ASX / MEDIA ANNOUNCEMENT 6 October 2026 Midas Minerals Ltd | Level 2, 8 Richardson Street, West Perth W"

T13DD026Otavi · silverGrade: 40.9Grade Unit: g/tIntercept: 2.3 mView all details
Link to this fact

Identity

Hole ID
T13DD026
Project
Otavi
Commodity
silver
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
40.9
Grade Unit
g/t
Intercept
2.3 m
True Width
2.07 m
From
206.7 m
To
209 m
Hole Depth
252 m
Intercept Depth
176.8 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
T13DD026:206.7-209
Mining Method
underground

Location

Location
Main Zone
Easting
688882
Northing
7830705
CRS
WGS84 / UTM Zone 33 South
Elevation
1449 m
Azimuth
345 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.4
Cutoff Unit
% Cu
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: A high-grade silver intercept with disclosed true width, contributing positively to the infill drilling program.

Positive factors

  • high_grade_intercepts
  • true_width_disclosed

Evidence · table

“40.9”

Context: 2.3

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.07

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "LEGAL*58475620.1 ASX / MEDIA ANNOUNCEMENT 6 October 2026 Midas Minerals Ltd | Level 2, 8 Richardson Street, West Perth W"

T13DD027Otavi · copperGrade: 1.33Grade Unit: %Intercept: 9.8 mView all details
Link to this fact

Identity

Hole ID
T13DD027
Project
Otavi
Commodity
copper
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
1.33
Grade Unit
%
Intercept
9.8 m
True Width
8.82 m
From
249.3 m
To
259.1 m
Hole Depth
333 m
Intercept Depth
249.3 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
T13DD027:249.3-259.1
Mining Method
underground

Location

Location
Main Zone
Easting
689151
Northing
7830719
CRS
WGS84 / UTM Zone 33 South
Elevation
1449 m
Azimuth
347 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1.74
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.4
Cutoff Unit
% Cu
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: A moderate copper-silver intercept with disclosed true width, contributing to the overall infill drilling program.

Positive factors

  • true_width_disclosed

Evidence · table

“1.33”

Context: 9.8

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 8.82

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "LEGAL*58475620.1 ASX / MEDIA ANNOUNCEMENT 6 October 2026 Midas Minerals Ltd | Level 2, 8 Richardson Street, West Perth W"

T13DD027Otavi · silverGrade: 21.4Grade Unit: g/tIntercept: 9.8 mView all details
Link to this fact

Identity

Hole ID
T13DD027
Project
Otavi
Commodity
silver
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
21.4
Grade Unit
g/t
Intercept
9.8 m
True Width
8.82 m
From
249.3 m
To
259.1 m
Hole Depth
333 m
Intercept Depth
249.3 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
T13DD027:249.3-259.1
Mining Method
underground

Location

Location
Main Zone
Easting
689151
Northing
7830719
CRS
WGS84 / UTM Zone 33 South
Elevation
1449 m
Azimuth
347 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1.74
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.4
Cutoff Unit
% Cu
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: A moderate silver intercept with disclosed true width, contributing to the overall infill drilling program.

Positive factors

  • true_width_disclosed

Evidence · table

“21.4”

Context: 9.8

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 8.82

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "LEGAL*58475620.1 ASX / MEDIA ANNOUNCEMENT 6 October 2026 Midas Minerals Ltd | Level 2, 8 Richardson Street, West Perth W"

T13DD027Otavi · copperGrade: 2.85Grade Unit: %Intercept: 2.7 mView all details
Link to this fact

Identity

Hole ID
T13DD027
Project
Otavi
Commodity
copper
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
2.85
Grade Unit
%
Intercept
2.7 m
True Width
2.43 m
From
254.3 m
To
257 m
Hole Depth
333 m
Intercept Depth
249.3 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
T13DD027:254.3-257
Mining Method
underground

Location

Location
Main Zone
Easting
689151
Northing
7830719
CRS
WGS84 / UTM Zone 33 South
Elevation
1449 m
Azimuth
347 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
4.07
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.4
Cutoff Unit
% Cu
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: A high-grade copper-silver intercept with disclosed true width, contributing positively to the infill drilling program.

Positive factors

  • high_grade_intercepts
  • true_width_disclosed

Evidence · table

“2.85”

Context: 2.7

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.43

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "LEGAL*58475620.1 ASX / MEDIA ANNOUNCEMENT 6 October 2026 Midas Minerals Ltd | Level 2, 8 Richardson Street, West Perth W"

T13DD027Otavi · silverGrade: 64.5Grade Unit: g/tIntercept: 2.7 mView all details
Link to this fact

Identity

Hole ID
T13DD027
Project
Otavi
Commodity
silver
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
64.5
Grade Unit
g/t
Intercept
2.7 m
True Width
2.43 m
From
254.3 m
To
257 m
Hole Depth
333 m
Intercept Depth
249.3 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
T13DD027:254.3-257
Mining Method
underground

Location

Location
Main Zone
Easting
689151
Northing
7830719
CRS
WGS84 / UTM Zone 33 South
Elevation
1449 m
Azimuth
347 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.4
Cutoff Unit
% Cu
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: A high-grade silver intercept with disclosed true width, contributing positively to the infill drilling program.

Positive factors

  • high_grade_intercepts
  • true_width_disclosed

Evidence · table

“64.5”

Context: 2.7

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.43

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "LEGAL*58475620.1 ASX / MEDIA ANNOUNCEMENT 6 October 2026 Midas Minerals Ltd | Level 2, 8 Richardson Street, West Perth W"

T13DD027Otavi · copperGrade: 1.6Grade Unit: %Intercept: 5 mView all details
Link to this fact

Identity

Hole ID
T13DD027
Project
Otavi
Commodity
copper
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
1.6
Grade Unit
%
Intercept
5 m
True Width
4.5 m
From
285.3 m
To
290.3 m
Hole Depth
333 m
Intercept Depth
249.3 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
T13DD027:285.3-290.3
Mining Method
underground

Location

Location
Main Zone
Easting
689151
Northing
7830719
CRS
WGS84 / UTM Zone 33 South
Elevation
1449 m
Azimuth
347 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1.68
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.4
Cutoff Unit
% Cu
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: A moderate copper-silver intercept with disclosed true width, contributing to the overall infill drilling program.

Positive factors

  • true_width_disclosed

Evidence · table

“1.60”

Context: 5.0

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 4.5

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "LEGAL*58475620.1 ASX / MEDIA ANNOUNCEMENT 6 October 2026 Midas Minerals Ltd | Level 2, 8 Richardson Street, West Perth W"

T13DD027Otavi · silverGrade: 4Grade Unit: g/tIntercept: 5 mView all details
Link to this fact

Identity

Hole ID
T13DD027
Project
Otavi
Commodity
silver
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
4
Grade Unit
g/t
Intercept
5 m
True Width
4.5 m
From
285.3 m
To
290.3 m
Hole Depth
333 m
Intercept Depth
249.3 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
T13DD027:285.3-290.3
Mining Method
underground

Location

Location
Main Zone
Easting
689151
Northing
7830719
CRS
WGS84 / UTM Zone 33 South
Elevation
1449 m
Azimuth
347 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.4
Cutoff Unit
% Cu
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: A weak silver intercept with disclosed true width, contributing to the overall infill drilling program.

Positive factors

  • true_width_disclosed

Evidence · table

“4.0”

Context: 5.0

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 4.5

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "LEGAL*58475620.1 ASX / MEDIA ANNOUNCEMENT 6 October 2026 Midas Minerals Ltd | Level 2, 8 Richardson Street, West Perth W"

T13DD029Otavi · copperGrade: 0.88Grade Unit: %Intercept: 4.6 mView all details
Link to this fact

Identity

Hole ID
T13DD029
Project
Otavi
Commodity
copper
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
0.88
Grade Unit
%
Intercept
4.6 m
True Width
4.14 m
From
275.2 m
To
279.8 m
Hole Depth
342 m
Intercept Depth
275.2 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
T13DD029:275.2-279.8
Mining Method
underground

Location

Location
Main Zone
Easting
689152
Northing
7830719
CRS
WGS84 / UTM Zone 33 South
Elevation
1449 m
Azimuth
347 °
Dip
-61 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
0.93
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.4
Cutoff Unit
% Cu
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: A moderate copper-silver intercept with disclosed true width, contributing to the overall infill drilling program.

Positive factors

  • true_width_disclosed

Evidence · table

“0.88”

Context: 4.6

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 4.14

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "LEGAL*58475620.1 ASX / MEDIA ANNOUNCEMENT 6 October 2026 Midas Minerals Ltd | Level 2, 8 Richardson Street, West Perth W"

T13DD029Otavi · silverGrade: 2.9Grade Unit: g/tIntercept: 4.6 mView all details
Link to this fact

Identity

Hole ID
T13DD029
Project
Otavi
Commodity
silver
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
2.9
Grade Unit
g/t
Intercept
4.6 m
True Width
4.14 m
From
275.2 m
To
279.8 m
Hole Depth
342 m
Intercept Depth
275.2 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
T13DD029:275.2-279.8
Mining Method
underground

Location

Location
Main Zone
Easting
689152
Northing
7830719
CRS
WGS84 / UTM Zone 33 South
Elevation
1449 m
Azimuth
347 °
Dip
-61 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
0.93
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.4
Cutoff Unit
% Cu
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: A weak silver intercept with disclosed true width, contributing to the overall infill drilling program.

Positive factors

  • true_width_disclosed

Evidence · table

“2.9”

Context: 4.6

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 4.14

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "LEGAL*58475620.1 ASX / MEDIA ANNOUNCEMENT 6 October 2026 Midas Minerals Ltd | Level 2, 8 Richardson Street, West Perth W"

T13DD029Otavi · copperGrade: 0.79Grade Unit: %Intercept: 9.5 mView all details
Link to this fact

Identity

Hole ID
T13DD029
Project
Otavi
Commodity
copper
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
0.79
Grade Unit
%
Intercept
9.5 m
True Width
8.55 m
From
284 m
To
293.5 m
Hole Depth
342 m
Intercept Depth
275.2 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
T13DD029:284-293.5
Mining Method
underground

Location

Location
Main Zone
Easting
689152
Northing
7830719
CRS
WGS84 / UTM Zone 33 South
Elevation
1449 m
Azimuth
347 °
Dip
-61 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.4
Cutoff Unit
% Cu
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: A moderate copper-silver intercept with disclosed true width, contributing to the overall infill drilling program.

Positive factors

  • true_width_disclosed

Evidence · table

“0.79”

Context: 9.5

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 8.55

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "LEGAL*58475620.1 ASX / MEDIA ANNOUNCEMENT 6 October 2026 Midas Minerals Ltd | Level 2, 8 Richardson Street, West Perth W"

T13DD029Otavi · silverGrade: 10.9Grade Unit: g/tIntercept: 9.5 mView all details
Link to this fact

Identity

Hole ID
T13DD029
Project
Otavi
Commodity
silver
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
10.9
Grade Unit
g/t
Intercept
9.5 m
True Width
8.55 m
From
284 m
To
293.5 m
Hole Depth
342 m
Intercept Depth
275.2 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
T13DD029:284-293.5
Mining Method
underground

Location

Location
Main Zone
Easting
689152
Northing
7830719
CRS
WGS84 / UTM Zone 33 South
Elevation
1449 m
Azimuth
347 °
Dip
-61 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.4
Cutoff Unit
% Cu
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: A moderate silver intercept with disclosed true width, contributing to the overall infill drilling program.

Positive factors

  • true_width_disclosed

Evidence · table

“10.9”

Context: 9.5

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 8.55

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "LEGAL*58475620.1 ASX / MEDIA ANNOUNCEMENT 6 October 2026 Midas Minerals Ltd | Level 2, 8 Richardson Street, West Perth W"

T13DD029Otavi · copperGrade: 1.67Grade Unit: %Intercept: 9 mView all details
Link to this fact

Identity

Hole ID
T13DD029
Project
Otavi
Commodity
copper
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
1.67
Grade Unit
%
Intercept
9 m
True Width
8.1 m
From
305.5 m
To
315.5 m
Hole Depth
342 m
Intercept Depth
275.2 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
T13DD029:305.5-315.5
Mining Method
underground

Location

Location
Main Zone
Easting
689152
Northing
7830719
CRS
WGS84 / UTM Zone 33 South
Elevation
1449 m
Azimuth
347 °
Dip
-61 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
2.38
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.4
Cutoff Unit
% Cu
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: A strong copper-silver intercept with disclosed true width, contributing positively to the infill drilling program.

Positive factors

  • strong_grade_intercepts
  • true_width_disclosed

Evidence · table

“1.67”

Context: 9.0*

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 8.1

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "LEGAL*58475620.1 ASX / MEDIA ANNOUNCEMENT 6 October 2026 Midas Minerals Ltd | Level 2, 8 Richardson Street, West Perth W"

T13DD029Otavi · silverGrade: 37.3Grade Unit: g/tIntercept: 9 mView all details
Link to this fact

Identity

Hole ID
T13DD029
Project
Otavi
Commodity
silver
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
37.3
Grade Unit
g/t
Intercept
9 m
True Width
8.1 m
From
305.5 m
To
315.5 m
Hole Depth
342 m
Intercept Depth
275.2 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
T13DD029:305.5-315.5
Mining Method
underground

Location

Location
Main Zone
Easting
689152
Northing
7830719
CRS
WGS84 / UTM Zone 33 South
Elevation
1449 m
Azimuth
347 °
Dip
-61 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.4
Cutoff Unit
% Cu
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: A strong silver intercept with disclosed true width, contributing positively to the infill drilling program.

Positive factors

  • strong_grade_intercepts
  • true_width_disclosed

Evidence · table

“37.3”

Context: 9.0*

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 8.1

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "LEGAL*58475620.1 ASX / MEDIA ANNOUNCEMENT 6 October 2026 Midas Minerals Ltd | Level 2, 8 Richardson Street, West Perth W"

T13DD029Otavi · copperGrade: 3.47Grade Unit: %Intercept: 3.5 mView all details
Link to this fact

Identity

Hole ID
T13DD029
Project
Otavi
Commodity
copper
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
3.47
Grade Unit
%
Intercept
3.5 m
True Width
3.15 m
From
307.4 m
To
311.9 m
Hole Depth
342 m
Intercept Depth
275.2 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
T13DD029:307.4-311.9
Mining Method
underground

Location

Location
Main Zone
Easting
689152
Northing
7830719
CRS
WGS84 / UTM Zone 33 South
Elevation
1449 m
Azimuth
347 °
Dip
-61 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
5.13
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.4
Cutoff Unit
% Cu
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: A high-grade copper-silver sub-interval with disclosed true width, significantly contributing to the infill drilling program.

Positive factors

  • high_grade_intercepts
  • true_width_disclosed

Evidence · table

“3.47”

Context: 3.5*

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.15

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "LEGAL*58475620.1 ASX / MEDIA ANNOUNCEMENT 6 October 2026 Midas Minerals Ltd | Level 2, 8 Richardson Street, West Perth W"

T13DD029Otavi · silverGrade: 87.9Grade Unit: g/tIntercept: 3.5 mView all details
Link to this fact

Identity

Hole ID
T13DD029
Project
Otavi
Commodity
silver
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
87.9
Grade Unit
g/t
Intercept
3.5 m
True Width
3.15 m
From
307.4 m
To
311.9 m
Hole Depth
342 m
Intercept Depth
275.2 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
T13DD029:307.4-311.9
Mining Method
underground

Location

Location
Main Zone
Easting
689152
Northing
7830719
CRS
WGS84 / UTM Zone 33 South
Elevation
1449 m
Azimuth
347 °
Dip
-61 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.4
Cutoff Unit
% Cu
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: A high-grade silver sub-interval with disclosed true width, significantly contributing to the infill drilling program.

Positive factors

  • high_grade_intercepts
  • true_width_disclosed

Evidence · table

“87.9”

Context: 3.5*

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.15

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "LEGAL*58475620.1 ASX / MEDIA ANNOUNCEMENT 6 October 2026 Midas Minerals Ltd | Level 2, 8 Richardson Street, West Perth W"

T13DD030Otavi · copperGrade: 1.96Grade Unit: %Intercept: 33.2 mView all details
Link to this fact

Identity

Hole ID
T13DD030
Project
Otavi
Commodity
copper
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
1.96
Grade Unit
%
Intercept
33.2 m
True Width
26.56 m
From
310.3 m
To
343.5 m
Hole Depth
381 m
Intercept Depth
310.3 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
T13DD030:310.3-343.5
Mining Method
underground

Location

Location
Main Zone
Easting
689151
Northing
7830719
CRS
WGS84 / UTM Zone 33 South
Elevation
1449 m
Azimuth
343 °
Dip
-69 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
2.51
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.4
Cutoff Unit
% Cu
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: A strong copper-silver intercept over a significant width, exceeding expectations and contributing positively to the infill drilling program.

Positive factors

  • strong_grade_intercepts
  • significant_intercept_widths
  • true_width_disclosed
  • exceeds_expectations

Evidence · table

“1.96”

Context: 33.2

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 26.56

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "LEGAL*58475620.1 ASX / MEDIA ANNOUNCEMENT 6 October 2026 Midas Minerals Ltd | Level 2, 8 Richardson Street, West Perth W"

T13DD030Otavi · silverGrade: 29.3Grade Unit: g/tIntercept: 33.2 mView all details
Link to this fact

Identity

Hole ID
T13DD030
Project
Otavi
Commodity
silver
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
29.3
Grade Unit
g/t
Intercept
33.2 m
True Width
26.56 m
From
310.3 m
To
343.5 m
Hole Depth
381 m
Intercept Depth
310.3 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
T13DD030:310.3-343.5
Mining Method
underground

Location

Location
Main Zone
Easting
689151
Northing
7830719
CRS
WGS84 / UTM Zone 33 South
Elevation
1449 m
Azimuth
343 °
Dip
-69 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
2.51
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.4
Cutoff Unit
% Cu
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: A strong silver intercept over a significant width, exceeding expectations and contributing positively to the infill drilling program.

Positive factors

  • strong_grade_intercepts
  • significant_intercept_widths
  • true_width_disclosed
  • exceeds_expectations

Evidence · table

“29.3”

Context: 33.2

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 26.56

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "LEGAL*58475620.1 ASX / MEDIA ANNOUNCEMENT 6 October 2026 Midas Minerals Ltd | Level 2, 8 Richardson Street, West Perth W"

T13DD030Otavi · copperGrade: 2.36Grade Unit: %Intercept: 23.6 mView all details
Link to this fact

Identity

Hole ID
T13DD030
Project
Otavi
Commodity
copper
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
2.36
Grade Unit
%
Intercept
23.6 m
True Width
18.88 m
From
318.9 m
To
342.5 m
Hole Depth
381 m
Intercept Depth
310.3 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
T13DD030:318.9-342.5
Mining Method
underground

Location

Location
Main Zone
Easting
689151
Northing
7830719
CRS
WGS84 / UTM Zone 33 South
Elevation
1449 m
Azimuth
343 °
Dip
-69 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
3.11
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.4
Cutoff Unit
% Cu
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: A strong copper-silver sub-interval over a significant width, contributing positively to the infill drilling program.

Positive factors

  • strong_grade_intercepts
  • significant_intercept_widths
  • true_width_disclosed

Evidence · table

“2.36”

Context: 23.6

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 18.88

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "LEGAL*58475620.1 ASX / MEDIA ANNOUNCEMENT 6 October 2026 Midas Minerals Ltd | Level 2, 8 Richardson Street, West Perth W"

T13DD030Otavi · silverGrade: 39.5Grade Unit: g/tIntercept: 23.6 mView all details
Link to this fact

Identity

Hole ID
T13DD030
Project
Otavi
Commodity
silver
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
39.5
Grade Unit
g/t
Intercept
23.6 m
True Width
18.88 m
From
318.9 m
To
342.5 m
Hole Depth
381 m
Intercept Depth
310.3 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
T13DD030:318.9-342.5
Mining Method
underground

Location

Location
Main Zone
Easting
689151
Northing
7830719
CRS
WGS84 / UTM Zone 33 South
Elevation
1449 m
Azimuth
343 °
Dip
-69 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.4
Cutoff Unit
% Cu
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: A strong silver sub-interval over a significant width, contributing positively to the infill drilling program.

Positive factors

  • strong_grade_intercepts
  • significant_intercept_widths
  • true_width_disclosed

Evidence · table

“39.5”

Context: 23.6

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 18.88

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "LEGAL*58475620.1 ASX / MEDIA ANNOUNCEMENT 6 October 2026 Midas Minerals Ltd | Level 2, 8 Richardson Street, West Perth W"

T13DD031Otavi · copperGrade: 1.08Grade Unit: %Intercept: 4.6 mView all details
Link to this fact

Identity

Hole ID
T13DD031
Project
Otavi
Commodity
copper
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
1.08
Grade Unit
%
Intercept
4.6 m
True Width
4.14 m
From
147.7 m
To
152.3 m
Hole Depth
213 m
Intercept Depth
147.7 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
T13DD031:147.7-152.3
Mining Method
underground

Location

Location
Main Zone
Easting
688906
Northing
7830762
CRS
WGS84 / UTM Zone 33 South
Elevation
1449 m
Azimuth
341 °
Dip
-68 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1.17
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.4
Cutoff Unit
% Cu
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: A moderate copper-silver intercept with disclosed true width, contributing to the overall infill drilling program.

Positive factors

  • true_width_disclosed

Evidence · table

“1.08”

Context: 4.6

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 4.14

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "LEGAL*58475620.1 ASX / MEDIA ANNOUNCEMENT 6 October 2026 Midas Minerals Ltd | Level 2, 8 Richardson Street, West Perth W"

T13DD031Otavi · silverGrade: 4.7Grade Unit: g/tIntercept: 4.6 mView all details
Link to this fact

Identity

Hole ID
T13DD031
Project
Otavi
Commodity
silver
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
4.7
Grade Unit
g/t
Intercept
4.6 m
True Width
4.14 m
From
147.7 m
To
152.3 m
Hole Depth
213 m
Intercept Depth
147.7 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
T13DD031:147.7-152.3
Mining Method
underground

Location

Location
Main Zone
Easting
688906
Northing
7830762
CRS
WGS84 / UTM Zone 33 South
Elevation
1449 m
Azimuth
341 °
Dip
-68 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1.17
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.4
Cutoff Unit
% Cu
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: A weak silver intercept with disclosed true width, contributing to the overall infill drilling program.

Positive factors

  • true_width_disclosed

Evidence · table

“4.7”

Context: 4.6

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 4.14

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "LEGAL*58475620.1 ASX / MEDIA ANNOUNCEMENT 6 October 2026 Midas Minerals Ltd | Level 2, 8 Richardson Street, West Perth W"

T13DD031Otavi · copperGrade: 0.82Grade Unit: %Intercept: 14.4 mView all details
Link to this fact

Identity

Hole ID
T13DD031
Project
Otavi
Commodity
copper
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
0.82
Grade Unit
%
Intercept
14.4 m
True Width
12.96 m
From
167.8 m
To
182.2 m
Hole Depth
213 m
Intercept Depth
147.7 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
T13DD031:167.8-182.2
Mining Method
underground

Location

Location
Main Zone
Easting
688906
Northing
7830762
CRS
WGS84 / UTM Zone 33 South
Elevation
1449 m
Azimuth
341 °
Dip
-68 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1.18
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.4
Cutoff Unit
% Cu
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: A moderate copper-silver intercept with disclosed true width, contributing to the overall infill drilling program.

Positive factors

  • true_width_disclosed

Evidence · table

“0.82”

Context: 14.4

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 12.96

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "LEGAL*58475620.1 ASX / MEDIA ANNOUNCEMENT 6 October 2026 Midas Minerals Ltd | Level 2, 8 Richardson Street, West Perth W"

T13DD031Otavi · silverGrade: 19Grade Unit: g/tIntercept: 14.4 mView all details
Link to this fact

Identity

Hole ID
T13DD031
Project
Otavi
Commodity
silver
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
19
Grade Unit
g/t
Intercept
14.4 m
True Width
12.96 m
From
167.8 m
To
182.2 m
Hole Depth
213 m
Intercept Depth
147.7 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
T13DD031:167.8-182.2
Mining Method
underground

Location

Location
Main Zone
Easting
688906
Northing
7830762
CRS
WGS84 / UTM Zone 33 South
Elevation
1449 m
Azimuth
341 °
Dip
-68 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.4
Cutoff Unit
% Cu
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: A moderate silver intercept with disclosed true width, contributing to the overall infill drilling program.

Positive factors

  • true_width_disclosed

Evidence · table

“19.0”

Context: 14.4

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 12.96

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "LEGAL*58475620.1 ASX / MEDIA ANNOUNCEMENT 6 October 2026 Midas Minerals Ltd | Level 2, 8 Richardson Street, West Perth W"

T13DD034Otavi · copperGrade: 4.67Grade Unit: %Intercept: 22.6 mView all details
Link to this fact

Identity

Hole ID
T13DD034
Project
Otavi
Commodity
copper
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
4.67
Grade Unit
%
Intercept
22.6 m
True Width
20.34 m
From
347.5 m
To
370.1 m
Hole Depth
470 m
Intercept Depth
347.5 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
T13DD034:347.5-370.1
Mining Method
underground

Location

Location
Main Zone
Easting
688986
Northing
7830609
CRS
WGS84 / UTM Zone 33 South
Elevation
1449 m
Azimuth
345 °
Dip
-61 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
6.01
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.4
Cutoff Unit
% Cu
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: An exceptional high-grade copper-silver intercept over a significant width, exceeding expectations and extending the mineralization to the west.

Positive factors

  • high_grade_intercepts
  • significant_intercept_widths
  • true_width_disclosed
  • exceeds_expectations
  • mineralization_extension

Evidence · table

“4.67”

Context: 22.6

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 20.34

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "LEGAL*58475620.1 ASX / MEDIA ANNOUNCEMENT 6 October 2026 Midas Minerals Ltd | Level 2, 8 Richardson Street, West Perth W"

T13DD034Otavi · silverGrade: 70.9Grade Unit: g/tIntercept: 22.6 mView all details
Link to this fact

Identity

Hole ID
T13DD034
Project
Otavi
Commodity
silver
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
70.9
Grade Unit
g/t
Intercept
22.6 m
True Width
20.34 m
From
347.5 m
To
370.1 m
Hole Depth
470 m
Intercept Depth
347.5 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
T13DD034:347.5-370.1
Mining Method
underground

Location

Location
Main Zone
Easting
688986
Northing
7830609
CRS
WGS84 / UTM Zone 33 South
Elevation
1449 m
Azimuth
345 °
Dip
-61 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
6.01
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.4
Cutoff Unit
% Cu
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: An exceptional high-grade silver intercept over a significant width, exceeding expectations and extending the mineralization to the west.

Positive factors

  • high_grade_intercepts
  • significant_intercept_widths
  • true_width_disclosed
  • exceeds_expectations
  • mineralization_extension

Evidence · table

“70.9”

Context: 22.6

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 20.34

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "LEGAL*58475620.1 ASX / MEDIA ANNOUNCEMENT 6 October 2026 Midas Minerals Ltd | Level 2, 8 Richardson Street, West Perth W"

T13DD034Otavi · copperGrade: 8.83Grade Unit: %Intercept: 10 mView all details
Link to this fact

Identity

Hole ID
T13DD034
Project
Otavi
Commodity
copper
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
8.83
Grade Unit
%
Intercept
10 m
True Width
9 m
From
355.5 m
To
365.5 m
Hole Depth
470 m
Intercept Depth
347.5 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
T13DD034:355.5-365.5
Mining Method
underground

Location

Location
Main Zone
Easting
688986
Northing
7830609
CRS
WGS84 / UTM Zone 33 South
Elevation
1449 m
Azimuth
345 °
Dip
-61 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
11.55
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.4
Cutoff Unit
% Cu
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: A bonanza-grade copper-silver sub-interval over a significant width, representing a highly material and positive result for the infill drilling program.

Positive factors

  • bonanza_grade_intercepts
  • significant_intercept_widths
  • true_width_disclosed

Evidence · table

“8.83”

Context: 10.0

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 9

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "LEGAL*58475620.1 ASX / MEDIA ANNOUNCEMENT 6 October 2026 Midas Minerals Ltd | Level 2, 8 Richardson Street, West Perth W"

T13DD034Otavi · silverGrade: 143.7Grade Unit: g/tIntercept: 10 mView all details
Link to this fact

Identity

Hole ID
T13DD034
Project
Otavi
Commodity
silver
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
143.7
Grade Unit
g/t
Intercept
10 m
True Width
9 m
From
355.5 m
To
365.5 m
Hole Depth
470 m
Intercept Depth
347.5 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
T13DD034:355.5-365.5
Mining Method
underground

Location

Location
Main Zone
Easting
688986
Northing
7830609
CRS
WGS84 / UTM Zone 33 South
Elevation
1449 m
Azimuth
345 °
Dip
-61 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.4
Cutoff Unit
% Cu
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: A bonanza-grade silver sub-interval over a significant width, representing a highly material and positive result for the infill drilling program.

Positive factors

  • bonanza_grade_intercepts
  • significant_intercept_widths
  • true_width_disclosed

Evidence · table

“143.7”

Context: 10.0

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 9

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "LEGAL*58475620.1 ASX / MEDIA ANNOUNCEMENT 6 October 2026 Midas Minerals Ltd | Level 2, 8 Richardson Street, West Perth W"

nullOtavi · copperGrade: 0.51Grade Unit: %Intercept: 1 mNeeds review: ungroundedView all details
Link to this fact

Identity

Hole ID
null
Project
Otavi
Commodity
copper
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
0.51
Grade Unit
%
Intercept
1 m
From
195 m
To
196 m
Intercept Depth
195 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
null:195-196
Mining Method
underground

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
0.79
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
ungrounded
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: Expanded from assay table. 0.51 % copper is moderate against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 0.5 %·m is below (grade alone is moderate; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.51”

Context: null

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "LEGAL*58475620.1 ASX / MEDIA ANNOUNCEMENT 6 October 2026 Midas Minerals Ltd | Level 2, 8 Richardson Street, West Perth W"

nullOtavi · silverGrade: 15Grade Unit: g/tIntercept: 1 mNeeds review: ungroundedView all details
Link to this fact

Identity

Hole ID
null
Project
Otavi
Commodity
silver
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
15
Grade Unit
g/t
Intercept
1 m
From
195 m
To
196 m
Intercept Depth
195 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
null:195-196
Mining Method
underground

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
0.79
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
ungrounded
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: Expanded from assay table. 15 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 15.0 g/t·m is below.

Negative factors

  • 15 g/t silver is below the weak threshold (30 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“15.0”

Context: null

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "LEGAL*58475620.1 ASX / MEDIA ANNOUNCEMENT 6 October 2026 Midas Minerals Ltd | Level 2, 8 Richardson Street, West Perth W"

nullOtavi · copperGrade: 3.27Grade Unit: %Intercept: 2.3 mNeeds review: ungroundedView all details
Link to this fact

Identity

Hole ID
null
Project
Otavi
Commodity
copper
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
3.27
Grade Unit
%
Intercept
2.3 m
From
206.7 m
To
209 m
Intercept Depth
206.7 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
null:206.7-209
Mining Method
underground

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
4.04
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
ungrounded
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: Expanded from assay table. 3.27 % copper is exceptional against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 7.5 %·m is below (grade alone is exceptional; the better of the two is used).

Positive factors

  • 3.27 % copper is exceptional on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“3.27”

Context: null

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "LEGAL*58475620.1 ASX / MEDIA ANNOUNCEMENT 6 October 2026 Midas Minerals Ltd | Level 2, 8 Richardson Street, West Perth W"

nullOtavi · silverGrade: 40.9Grade Unit: g/tIntercept: 2.3 mNeeds review: ungroundedView all details
Link to this fact

Identity

Hole ID
null
Project
Otavi
Commodity
silver
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
40.9
Grade Unit
g/t
Intercept
2.3 m
From
206.7 m
To
209 m
Intercept Depth
206.7 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
null:206.7-209
Mining Method
underground

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
4.04
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
ungrounded
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: Expanded from assay table. 40.9 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 94.1 g/t·m is below (grade alone is weak; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“40.9”

Context: null

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "LEGAL*58475620.1 ASX / MEDIA ANNOUNCEMENT 6 October 2026 Midas Minerals Ltd | Level 2, 8 Richardson Street, West Perth W"

incl.Otavi · copperGrade: 2.85Grade Unit: %Intercept: 2.7 mView all details
Link to this fact

Identity

Hole ID
incl.
Project
Otavi
Commodity
copper
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
2.85
Grade Unit
%
Intercept
2.7 m
From
254.3 m
To
257 m
Intercept Depth
254.3 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
incl.:254.3-257
Mining Method
underground

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
4.07
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: Expanded from assay table. 2.85 % copper is exceptional against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 7.7 %·m is below (grade alone is exceptional; the better of the two is used).

Positive factors

  • 2.85 % copper is exceptional on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“2.85”

Context: incl.

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "LEGAL*58475620.1 ASX / MEDIA ANNOUNCEMENT 6 October 2026 Midas Minerals Ltd | Level 2, 8 Richardson Street, West Perth W"

incl.Otavi · silverGrade: 64.5Grade Unit: g/tIntercept: 2.7 mView all details
Link to this fact

Identity

Hole ID
incl.
Project
Otavi
Commodity
silver
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
64.5
Grade Unit
g/t
Intercept
2.7 m
From
254.3 m
To
257 m
Intercept Depth
254.3 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
incl.:254.3-257
Mining Method
underground

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
4.07
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: Expanded from assay table. 64.5 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 174.2 g/t·m is below (grade alone is weak; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“64.5”

Context: incl.

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "LEGAL*58475620.1 ASX / MEDIA ANNOUNCEMENT 6 October 2026 Midas Minerals Ltd | Level 2, 8 Richardson Street, West Perth W"

nullOtavi · copperGrade: 1.6Grade Unit: %Intercept: 5 mNeeds review: ungroundedView all details
Link to this fact

Identity

Hole ID
null
Project
Otavi
Commodity
copper
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
1.6
Grade Unit
%
Intercept
5 m
From
285.3 m
To
290.3 m
Intercept Depth
285.3 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
null:285.3-290.3
Mining Method
underground

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1.68
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
ungrounded
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: Expanded from assay table. 1.6 % copper is strong against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 8.0 %·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 1.6 % copper is strong on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1.60”

Context: null

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "LEGAL*58475620.1 ASX / MEDIA ANNOUNCEMENT 6 October 2026 Midas Minerals Ltd | Level 2, 8 Richardson Street, West Perth W"

nullOtavi · silverGrade: 4Grade Unit: g/tIntercept: 5 mNeeds review: ungroundedView all details
Link to this fact

Identity

Hole ID
null
Project
Otavi
Commodity
silver
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
4
Grade Unit
g/t
Intercept
5 m
From
285.3 m
To
290.3 m
Intercept Depth
285.3 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
null:285.3-290.3
Mining Method
underground

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1.68
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
ungrounded
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: Expanded from assay table. 4 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 20.0 g/t·m is below.

Negative factors

  • 4 g/t silver is below the weak threshold (30 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“4.0”

Context: null

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "LEGAL*58475620.1 ASX / MEDIA ANNOUNCEMENT 6 October 2026 Midas Minerals Ltd | Level 2, 8 Richardson Street, West Perth W"

nullOtavi · copperGrade: 0.79Grade Unit: %Intercept: 9.5 mNeeds review: ungroundedView all details
Link to this fact

Identity

Hole ID
null
Project
Otavi
Commodity
copper
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
0.79
Grade Unit
%
Intercept
9.5 m
From
284 m
To
293.5 m
Intercept Depth
284 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
null:284-293.5
Mining Method
underground

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
ungrounded
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: Expanded from assay table. 0.79 % copper is moderate against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 7.5 %·m is below (grade alone is moderate; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.79”

Context: null

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "LEGAL*58475620.1 ASX / MEDIA ANNOUNCEMENT 6 October 2026 Midas Minerals Ltd | Level 2, 8 Richardson Street, West Perth W"

nullOtavi · silverGrade: 10.9Grade Unit: g/tIntercept: 9.5 mNeeds review: ungroundedView all details
Link to this fact

Identity

Hole ID
null
Project
Otavi
Commodity
silver
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
10.9
Grade Unit
g/t
Intercept
9.5 m
From
284 m
To
293.5 m
Intercept Depth
284 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
null:284-293.5
Mining Method
underground

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
ungrounded
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: Expanded from assay table. 10.9 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 103.5 g/t·m is below.

Negative factors

  • 10.9 g/t silver is below the weak threshold (30 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“10.9”

Context: null

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "LEGAL*58475620.1 ASX / MEDIA ANNOUNCEMENT 6 October 2026 Midas Minerals Ltd | Level 2, 8 Richardson Street, West Perth W"

nullOtavi · copperGrade: 1.67Grade Unit: %Intercept: 9 mNeeds review: ungroundedView all details
Link to this fact

Identity

Hole ID
null
Project
Otavi
Commodity
copper
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
1.67
Grade Unit
%
Intercept
9 m
From
305.5 m
To
315.5 m
Intercept Depth
305.5 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
null:305.5-315.5
Mining Method
underground

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
2.38
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
ungrounded
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: Expanded from assay table. 1.67 % copper is strong against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 15.0 %·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 1.67 % copper is strong on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1.67”

Context: null

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "LEGAL*58475620.1 ASX / MEDIA ANNOUNCEMENT 6 October 2026 Midas Minerals Ltd | Level 2, 8 Richardson Street, West Perth W"

nullOtavi · silverGrade: 37.3Grade Unit: g/tIntercept: 9 mNeeds review: ungroundedView all details
Link to this fact

Identity

Hole ID
null
Project
Otavi
Commodity
silver
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
37.3
Grade Unit
g/t
Intercept
9 m
From
305.5 m
To
315.5 m
Intercept Depth
305.5 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
null:305.5-315.5
Mining Method
underground

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
2.38
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
ungrounded
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: Expanded from assay table. 37.3 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 335.7 g/t·m is weak.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“37.3”

Context: null

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "LEGAL*58475620.1 ASX / MEDIA ANNOUNCEMENT 6 October 2026 Midas Minerals Ltd | Level 2, 8 Richardson Street, West Perth W"

incl.Otavi · copperGrade: 3.47Grade Unit: %Intercept: 3.5 mView all details
Link to this fact

Identity

Hole ID
incl.
Project
Otavi
Commodity
copper
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
3.47
Grade Unit
%
Intercept
3.5 m
From
307.4 m
To
311.9 m
Intercept Depth
307.4 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
incl.:307.4-311.9
Mining Method
underground

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
5.13
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: Expanded from assay table. 3.47 % copper is exceptional against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 12.1 %·m is below (grade alone is exceptional; the better of the two is used).

Positive factors

  • 3.47 % copper is exceptional on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“3.47”

Context: incl.

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "LEGAL*58475620.1 ASX / MEDIA ANNOUNCEMENT 6 October 2026 Midas Minerals Ltd | Level 2, 8 Richardson Street, West Perth W"

incl.Otavi · silverGrade: 87.9Grade Unit: g/tIntercept: 3.5 mView all details
Link to this fact

Identity

Hole ID
incl.
Project
Otavi
Commodity
silver
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
87.9
Grade Unit
g/t
Intercept
3.5 m
From
307.4 m
To
311.9 m
Intercept Depth
307.4 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
incl.:307.4-311.9
Mining Method
underground

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
5.13
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: Expanded from assay table. 87.9 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 307.7 g/t·m is weak.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“87.9”

Context: incl.

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "LEGAL*58475620.1 ASX / MEDIA ANNOUNCEMENT 6 October 2026 Midas Minerals Ltd | Level 2, 8 Richardson Street, West Perth W"

incl.Otavi · copperGrade: 2.36Grade Unit: %Intercept: 23.6 mView all details
Link to this fact

Identity

Hole ID
incl.
Project
Otavi
Commodity
copper
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
2.36
Grade Unit
%
Intercept
23.6 m
From
318.9 m
To
342.5 m
Intercept Depth
318.9 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
incl.:318.9-342.5
Mining Method
underground

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
3.11
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: Expanded from assay table. 2.36 % copper is strong against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 55.7 %·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 2.36 % copper is strong on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“2.36”

Context: incl.

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "LEGAL*58475620.1 ASX / MEDIA ANNOUNCEMENT 6 October 2026 Midas Minerals Ltd | Level 2, 8 Richardson Street, West Perth W"

incl.Otavi · silverGrade: 39.5Grade Unit: g/tIntercept: 23.6 mView all details
Link to this fact

Identity

Hole ID
incl.
Project
Otavi
Commodity
silver
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
39.5
Grade Unit
g/t
Intercept
23.6 m
From
318.9 m
To
342.5 m
Intercept Depth
318.9 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
incl.:318.9-342.5
Mining Method
underground

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
3.11
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: Expanded from assay table. 39.5 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 932.2 g/t·m is weak.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“39.5”

Context: incl.

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "LEGAL*58475620.1 ASX / MEDIA ANNOUNCEMENT 6 October 2026 Midas Minerals Ltd | Level 2, 8 Richardson Street, West Perth W"

nullOtavi · copperGrade: 0.82Grade Unit: %Intercept: 14.4 mNeeds review: ungroundedView all details
Link to this fact

Identity

Hole ID
null
Project
Otavi
Commodity
copper
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
0.82
Grade Unit
%
Intercept
14.4 m
From
167.8 m
To
182.2 m
Intercept Depth
167.8 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
null:167.8-182.2
Mining Method
underground

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1.18
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
ungrounded
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: Expanded from assay table. 0.82 % copper is moderate against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 11.8 %·m is below (grade alone is moderate; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.82”

Context: null

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "LEGAL*58475620.1 ASX / MEDIA ANNOUNCEMENT 6 October 2026 Midas Minerals Ltd | Level 2, 8 Richardson Street, West Perth W"

nullOtavi · silverGrade: 19Grade Unit: g/tIntercept: 14.4 mNeeds review: ungroundedView all details
Link to this fact

Identity

Hole ID
null
Project
Otavi
Commodity
silver
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
19
Grade Unit
g/t
Intercept
14.4 m
From
167.8 m
To
182.2 m
Intercept Depth
167.8 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
null:167.8-182.2
Mining Method
underground

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1.18
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
ungrounded
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: Expanded from assay table. 19 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 273.6 g/t·m is weak (grade alone is below; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“19.0”

Context: null

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "LEGAL*58475620.1 ASX / MEDIA ANNOUNCEMENT 6 October 2026 Midas Minerals Ltd | Level 2, 8 Richardson Street, West Perth W"

incl.Otavi · copperGrade: 8.83Grade Unit: %Intercept: 10 mView all details
Link to this fact

Identity

Hole ID
incl.
Project
Otavi
Commodity
copper
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
8.83
Grade Unit
%
Intercept
10 m
From
355.5 m
To
365.5 m
Intercept Depth
355.5 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
incl.:355.5-365.5
Mining Method
underground

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
11.55
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: Expanded from assay table. 8.83 % copper is exceptional against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 88.3 %·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 8.83 % copper is exceptional on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“8.83”

Context: incl.

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "LEGAL*58475620.1 ASX / MEDIA ANNOUNCEMENT 6 October 2026 Midas Minerals Ltd | Level 2, 8 Richardson Street, West Perth W"

incl.Otavi · silverGrade: 143.7Grade Unit: g/tIntercept: 10 mView all details
Link to this fact

Identity

Hole ID
incl.
Project
Otavi
Commodity
silver
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
143.7
Grade Unit
g/t
Intercept
10 m
From
355.5 m
To
365.5 m
Intercept Depth
355.5 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
incl.:355.5-365.5
Mining Method
underground

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
11.55
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: Expanded from assay table. 143.7 g/t silver is moderate against the default band [500, 200, 100, 30] g/t. Grade×width 1437.0 g/t·m is moderate.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“143.7”

Context: incl.

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "LEGAL*58475620.1 ASX / MEDIA ANNOUNCEMENT 6 October 2026 Midas Minerals Ltd | Level 2, 8 Richardson Street, West Perth W"

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.