OR3: HK Ignite Investment Summit Presentation

Original announcement by asx on

Company
ORE RESOURCES
Ticker
OR3
Exchange
ASX
Region
Unavailable
Primary commodity
Lithium
Secondary commodities
Gold
Document categories
Resource update, Other, Drill results
Extracted
2026-10-13 22:14:41 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

ORE Resources presented an investment update highlighting a maiden Mineral Resource Estimate for the Kangaroo Hills Lithium Project of 3.10 Mt at 1.01% Li2O, alongside robust results from a DSO Scoping Study projecting a pre-tax NPV of A$220.8M and an IRR of 4,995%. The presentation also showcased new high-grade gold intercepts from the Miriam Gold Project's Forrest prospect, including 12m at 12.17 g/t Au, indicating significant exploration success and potential for further expansion. The company's portfolio of gold and lithium projects is advancing rapidly with JORC compliant reporting and QP sign-off.

Reasoning: The company announced a maiden lithium MRE and a positive DSO Scoping Study, significantly advancing its lithium project. Concurrently, new high-grade gold drill results from the Forrest prospect demonstrate strong exploration success and potential for expansion.

Positive factors

  • Maiden MRE declared for lithium project
  • Robust DSO Scoping Study with strong economics
  • High-grade gold intercepts at Forrest prospect
  • Extension of gold mineralization at Forrest
  • JORC compliant reporting
  • QP sign-off

Negative factors

  • Category not disclosed for maiden MRE
  • Historical drill results re-released

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

Facts used in scoring: 16

Extracted facts

Stored fact records: 16. Some facts used in scoring do not have a stored record.

Drill Results (14)

Fact 1Miriam · goldGrade: 12.17Grade Unit: g/tIntercept: 12 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Miriam
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
OR3

Geometry

Grade
12.17
Grade Unit
g/t
Intercept
12 m
From
44 m
To
56 m
Intercept Depth
44 m

Classification

Sample Type
drill
Group ID
Miriam:44-56

Location

Location
Forrest
Loc. Source
document

QA/QC

QP Signed
Yes

Review

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

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept at the Forrest prospect shows an exceptional gold grade over a significant width, indicating strong mineralization.

Positive factors

  • Exceptional grade
  • Strong grade-width product
  • JORC compliant
  • QP sign-off

Evidence · text

“12m @ 12.17 g/t Au from 44m (Forrest)”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Bonanza InterceptRejected · positive

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

Reason: The intercept of 12m @ 12.17 g/t Au exceeds the exceptional grade threshold of 5 g/t Au and the exceptional GT threshold of 100 g/t·m.

Evidence · text

“12m @ 12.17 g/t Au from 44m (Forrest)”

QA/QC DisclosedRejected · positive

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

Reason: The release includes QA/QC disclosure with a Competent Person sign-off.

Evidence · text

“Mr Cox (Member of the Australian Institute of Mining and Metallurgy) is the Company’s Chief Geologist and has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the JORC Code 2012.”
FGRC004Miriam · goldGrade: 2.8Grade Unit: g/tIntercept: 33 mView all details
Link to this fact

Identity

Hole ID
FGRC004
Project
Miriam
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
OR3

Geometry

Grade
2.8
Grade Unit
g/t
Intercept
33 m
From
35 m
To
68 m
Intercept Depth
35 m

Classification

Sample Type
drill
Group ID
FGRC004:35-68

Location

Location
Forrest
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept at the Forrest prospect shows a strong gold grade over a significant width, contributing to the emerging gold system.

Positive factors

  • Strong grade
  • Strong grade-width product
  • JORC compliant
  • QP sign-off

Evidence · text

“33m @ 2.80 g/t Au from 35m (Forrest)”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

QA/QC DisclosedRejected · positive

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

Reason: The release includes QA/QC disclosure with a Competent Person sign-off.

Evidence · text

“Mr Cox (Member of the Australian Institute of Mining and Metallurgy) is the Company’s Chief Geologist and has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the JORC Code 2012.”
Fact 3Miriam · goldGrade: 3.28Grade Unit: g/tIntercept: 25 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Miriam
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
OR3

Geometry

Grade
3.28
Grade Unit
g/t
Intercept
25 m
From
119 m
To
144 m
Intercept Depth
119 m

Classification

Sample Type
drill
Group ID
Miriam:119-144

Location

Location
Forrest
Loc. Source
document

QA/QC

QP Signed
Yes

Review

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

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept at the Forrest prospect shows a strong gold grade over a significant width, indicating good mineralization at depth.

Positive factors

  • Strong grade
  • Strong grade-width product
  • JORC compliant
  • QP sign-off

Evidence · text

“25m @ 3.28 g/t Au from 119m (Forrest)”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

QA/QC DisclosedRejected · positive

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

Reason: The release includes QA/QC disclosure with a Competent Person sign-off.

Evidence · text

“Mr Cox (Member of the Australian Institute of Mining and Metallurgy) is the Company’s Chief Geologist and has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the JORC Code 2012.”
Fact 4Miriam · goldGrade: 4.04Grade Unit: g/tIntercept: 24 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Miriam
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
OR3

Geometry

Grade
4.04
Grade Unit
g/t
Intercept
24 m
From
37 m
To
61 m
Intercept Depth
37 m

Classification

Sample Type
drill
Group ID
Miriam:37-61

Location

Location
Forrest
Loc. Source
document

QA/QC

QP Signed
Yes

Review

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

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept at the Forrest prospect shows a strong gold grade over a significant width, contributing to the emerging gold system.

Positive factors

  • Strong grade
  • Strong grade-width product
  • JORC compliant
  • QP sign-off

Evidence · text

“24m @ 4.04 g/t Au from 37m (Forrest)”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

QA/QC DisclosedRejected · positive

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

Reason: The release includes QA/QC disclosure with a Competent Person sign-off.

Evidence · text

“Mr Cox (Member of the Australian Institute of Mining and Metallurgy) is the Company’s Chief Geologist and has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the JORC Code 2012.”
FGRC027Miriam · goldGrade: 12.18Grade Unit: g/tIntercept: 12 mView all details
Link to this fact

Identity

Hole ID
FGRC027
Project
Miriam
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
OR3

Geometry

Grade
12.18
Grade Unit
g/t
Intercept
12 m
From
48 m
To
60 m
Intercept Depth
48 m

Classification

Sample Type
drill
Group ID
FGRC027:48-60

Location

Location
Forrest
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept at the Forrest prospect shows an exceptional gold grade over a significant width, indicating strong mineralization.

Positive factors

  • Exceptional grade
  • Strong grade-width product
  • JORC compliant
  • QP sign-off

Evidence · text

“12m @ 12.18 g/t Au from 48m FGRC027”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Bonanza InterceptRejected · positive

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

Reason: The intercept of 12m @ 12.18 g/t Au exceeds the exceptional grade threshold of 5 g/t Au and the exceptional GT threshold of 100 g/t·m.

Evidence · text

“12m @ 12.18 g/t Au from 48m FGRC027”

QA/QC DisclosedRejected · positive

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

Reason: The release includes QA/QC disclosure with a Competent Person sign-off.

Evidence · text

“Mr Cox (Member of the Australian Institute of Mining and Metallurgy) is the Company’s Chief Geologist and has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the JORC Code 2012.”
FGRC047Miriam · goldGrade: 2.27Grade Unit: g/tIntercept: 20 mView all details
Link to this fact

Identity

Hole ID
FGRC047
Project
Miriam
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
OR3

Geometry

Grade
2.27
Grade Unit
g/t
Intercept
20 m
From
183 m
To
203 m
Intercept Depth
183 m

Classification

Sample Type
drill
Group ID
FGRC047:183-203

Location

Location
Forrest
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept at the Forrest prospect shows a strong gold grade over a moderate width, extending mineralization at depth.

Positive factors

  • Strong grade
  • Moderate grade-width product
  • JORC compliant
  • QP sign-off

Evidence · text

“20m @ 2.27 g/t Au from 183m FGRC047”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

QA/QC DisclosedRejected · positive

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

Reason: The release includes QA/QC disclosure with a Competent Person sign-off.

Evidence · text

“Mr Cox (Member of the Australian Institute of Mining and Metallurgy) is the Company’s Chief Geologist and has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the JORC Code 2012.”
FGRC055Miriam · goldGrade: 2.82Grade Unit: g/tIntercept: 25 mView all details
Link to this fact

Identity

Hole ID
FGRC055
Project
Miriam
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
OR3

Geometry

Grade
2.82
Grade Unit
g/t
Intercept
25 m
From
170 m
To
195 m
Intercept Depth
170 m

Classification

Sample Type
drill
Group ID
FGRC055:170-195

Location

Location
Forrest
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This intercept at the Forrest prospect shows a strong gold grade over a significant width, extending mineralization at depth.

Positive factors

  • Strong grade
  • Strong grade-width product
  • JORC compliant
  • QP sign-off

Evidence · text

“25m @ 2.82 g/t Au from 170m FGRC055”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

QA/QC DisclosedRejected · positive

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

Reason: The release includes QA/QC disclosure with a Competent Person sign-off.

Evidence · text

“Mr Cox (Member of the Australian Institute of Mining and Metallurgy) is the Company’s Chief Geologist and has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the JORC Code 2012.”
BEAC115Burbanks East · goldGrade: 4.29Grade Unit: g/tIntercept: 4 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BEAC115
Project
Burbanks East
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
OR3

Geometry

Grade
4.29
Grade Unit
g/t
Intercept
4 m
From
44 m
To
48 m
Intercept Depth
44 m

Classification

Sample Type
drill
Group ID
BEAC115:44-48

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This historical intercept at Burbanks East shows a strong gold grade over a narrow width, validating prior exploration results.

Positive factors

  • Strong grade
  • JORC compliant
  • QP sign-off

Negative factors

  • Stale data re-release

Evidence · text

“4m @ 4.29 g/t Au from 44m (BEAC115)”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Stale Data Re-releaseRejected · negative

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

Reason: This is a re-announcement of historical drill results, not new assays.

Evidence · text

“AC drilling validated historical exploration drill results, returning 4m @ 4.29 g/t Au from 44m (BEAC115)”

QA/QC DisclosedRejected · positive

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

Reason: The release includes QA/QC disclosure with a Competent Person sign-off.

Evidence · text

“Mr Cox (Member of the Australian Institute of Mining and Metallurgy) is the Company’s Chief Geologist and has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the JORC Code 2012.”
AVRC002Avoca · goldGrade: 1.84Grade Unit: g/tIntercept: 44 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
AVRC002
Project
Avoca
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
OR3

Geometry

Grade
1.84
Grade Unit
g/t
Intercept
44 m
From
16 m
To
60 m
Intercept Depth
16 m

Classification

Sample Type
drill
Group ID
AVRC002:16-60

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This historical intercept at Avoca shows a moderate gold grade over a significant width, but it is a re-release of prior data.

Positive factors

  • Strong width
  • JORC compliant
  • QP sign-off

Negative factors

  • Stale data re-release

Evidence · text

“44m @ 1.84 g/t Au from 16m (AVRC002)”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Stale Data Re-releaseRejected · negative

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

Reason: This is a re-announcement of historical drill results, not new assays.

Evidence · text

“Historical drilling highlighted stand-out intercept of 4m @ 14.04 g/t Au from 36m within 44m @ 1.84 g/t Au from 16m (AVRC002).”

QA/QC DisclosedRejected · positive

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

Reason: The release includes QA/QC disclosure with a Competent Person sign-off.

Evidence · text

“Mr Cox (Member of the Australian Institute of Mining and Metallurgy) is the Company’s Chief Geologist and has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the JORC Code 2012.”
AVRC002Avoca · goldGrade: 14.04Grade Unit: g/tIntercept: 4 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
AVRC002
Project
Avoca
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
OR3

Geometry

Grade
14.04
Grade Unit
g/t
Intercept
4 m
From
36 m
To
40 m
Intercept Depth
36 m

Classification

Sample Type
drill
Group ID
AVRC002:36-40

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This historical intercept at Avoca shows an exceptional gold grade over a narrow width, but it is a re-release of prior data.

Positive factors

  • Exceptional grade
  • JORC compliant
  • QP sign-off

Negative factors

  • Stale data re-release

Evidence · text

“4m @ 14.04 g/t Au from 36m”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Stale Data Re-releaseRejected · negative

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

Reason: This is a re-announcement of historical drill results, not new assays.

Evidence · text

“Historical drilling highlighted stand-out intercept of 4m @ 14.04 g/t Au from 36m within 44m @ 1.84 g/t Au from 16m (AVRC002).”

QA/QC DisclosedRejected · positive

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

Reason: The release includes QA/QC disclosure with a Competent Person sign-off.

Evidence · text

“Mr Cox (Member of the Australian Institute of Mining and Metallurgy) is the Company’s Chief Geologist and has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the JORC Code 2012.”
15MMAC0048Kal East Gold Projects · goldGrade: 6.25Grade Unit: g/tIntercept: 9 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
15MMAC0048
Project
Kal East Gold Projects
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
OR3

Geometry

Grade
6.25
Grade Unit
g/t
Intercept
9 m
From
9 m
To
18 m
Intercept Depth
9 m

Classification

Sample Type
drill
Group ID
15MMAC0048:9-18

Location

Location
Kims
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This historical intercept at Kims shows an exceptional gold grade over a moderate width, identified from historical drilling.

Positive factors

  • Exceptional grade
  • JORC compliant
  • QP sign-off

Negative factors

  • Stale data re-release

Evidence · text

“9m @ 6.25 g/t Au from 9m (15MMAC0048) (Kims)”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Stale Data Re-releaseRejected · negative

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

Reason: This is a re-announcement of historical drill results, not new assays.

Evidence · text

“Five (5) prospective gold targets identified from historical drilling, providing multiple walk-up drilling opportunities: 9m @ 6.25 g/t Au from 9m (15MMAC0048) (Kims)”

QA/QC DisclosedRejected · positive

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

Reason: The release includes QA/QC disclosure with a Competent Person sign-off.

Evidence · text

“Mr Cox (Member of the Australian Institute of Mining and Metallurgy) is the Company’s Chief Geologist and has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the JORC Code 2012.”
12SSRC039Kal East Gold Projects · goldGrade: 5.8Grade Unit: g/tIntercept: 10 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
12SSRC039
Project
Kal East Gold Projects
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
OR3

Geometry

Grade
5.8
Grade Unit
g/t
Intercept
10 m
From
61 m
To
71 m
Intercept Depth
61 m

Classification

Sample Type
drill
Group ID
12SSRC039:61-71

Location

Location
Scotch Star
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This historical intercept at Scotch Star shows an exceptional gold grade over a moderate width, identified from historical drilling.

Positive factors

  • Exceptional grade
  • JORC compliant
  • QP sign-off

Negative factors

  • Stale data re-release

Evidence · text

“10m @ 5.80 g/t Au from 61m (12SSRC039) (Scotch Star)”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Stale Data Re-releaseRejected · negative

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

Reason: This is a re-announcement of historical drill results, not new assays.

Evidence · text

“Five (5) prospective gold targets identified from historical drilling, providing multiple walk-up drilling opportunities: 10m @ 5.80 g/t Au from 61m (12SSRC039) (Scotch Star)”

QA/QC DisclosedRejected · positive

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

Reason: The release includes QA/QC disclosure with a Competent Person sign-off.

Evidence · text

“Mr Cox (Member of the Australian Institute of Mining and Metallurgy) is the Company’s Chief Geologist and has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the JORC Code 2012.”
COWRC003Randalls South · goldGrade: 0.97Grade Unit: g/tIntercept: 12 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
COWRC003
Project
Randalls South
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
OR3

Geometry

Grade
0.97
Grade Unit
g/t
Intercept
12 m
From
31 m
To
43 m
Intercept Depth
31 m

Classification

Sample Type
drill
Group ID
COWRC003:31-43

Location

Location
Logan
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This historical intercept at Logan shows a moderate gold grade over a significant width, identified from historical drilling.

Positive factors

  • Moderate grade
  • JORC compliant
  • QP sign-off

Negative factors

  • Stale data re-release

Evidence · text

“12m @ 0.97 g/t Au from 31m (COWRC003) (Logan)”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Stale Data Re-releaseRejected · negative

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

Reason: This is a re-announcement of historical drill results, not new assays.

Evidence · text

“Key historical drill intercepts include: 12m @ 0.97 g/t Au from 31m (COWRC003) (Logan)”

QA/QC DisclosedRejected · positive

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

Reason: The release includes QA/QC disclosure with a Competent Person sign-off.

Evidence · text

“Mr Cox (Member of the Australian Institute of Mining and Metallurgy) is the Company’s Chief Geologist and has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the JORC Code 2012.”
RURC010Randalls South · goldGrade: 1.35Grade Unit: g/tIntercept: 3 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
RURC010
Project
Randalls South
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
OR3

Geometry

Grade
1.35
Grade Unit
g/t
Intercept
3 m
From
28 m
To
31 m
Intercept Depth
28 m

Classification

Sample Type
drill
Group ID
RURC010:28-31

Location

Location
Nightcrawler
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This historical intercept at Nightcrawler shows a moderate gold grade over a narrow width, identified from historical drilling.

Positive factors

  • Moderate grade
  • JORC compliant
  • QP sign-off

Negative factors

  • Stale data re-release

Evidence · text

“3m @ 1.35 g/t Au from 28m (RURC010) (Nightcrawler)”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Stale Data Re-releaseRejected · negative

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

Reason: This is a re-announcement of historical drill results, not new assays.

Evidence · text

“Key historical drill intercepts include: 3m @ 1.35 g/t Au from 28m (RURC010) (Nightcrawler)”

QA/QC DisclosedRejected · positive

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

Reason: The release includes QA/QC disclosure with a Competent Person sign-off.

Evidence · text

“Mr Cox (Member of the Australian Institute of Mining and Metallurgy) is the Company’s Chief Geologist and has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the JORC Code 2012.”

Resource Estimates (2)

Fact 1Kangaroo Hills Lithium Project · lithiumTonnes: 3100000Grade: 1.01Grade Unit: % Li2OView all details
Link to this fact

Identity

Project
Kangaroo Hills Lithium Project
Commodity
lithium
Ticker
OR3

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Robin Cox
Resource group id
resource:ba1f5786d78c0b6f6597

Resource Data

Tonnes
3100000
Grade
1.01
Grade Unit
% Li2O

Prior Estimate

Prior Tonnes
2710000
Prior Grade
1.05
Prior Contained Metal
28400
Prior Cutoff Grade
0.4

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The maiden MRE for the Kangaroo Hills Lithium Project shows a moderate increase in tonnage and contained metal compared to the prior estimate, indicating project growth, although the category is not specified.

Positive factors

  • Maiden MRE declared
  • JORC compliant
  • QP sign-off
  • Tonnage Growth

Negative factors

  • Category not disclosed
  • Weak Grade Decline

Evidence · text

“Maiden MRE declared: 3.10 Mt at 1.01% Li2O”

Tags used in scoring

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Fact 2Kangaroo Hills Lithium Project · lithiumView all details
Link to this fact

Identity

Project
Kangaroo Hills Lithium Project
Commodity
lithium
Ticker
OR3

Resource scope

Reporting standards
jorc
QP Signed
Yes
Qualified person names
Robin Cox
Resource group id
resource:71e6027aad0722c8c7f1

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The DSO Scoping Study for the Kangaroo Hills Lithium Project demonstrates compelling economics with a high NPV, IRR, low capital expenditure, and a very short payback period, indicating strong project viability.

Positive factors

  • Robust DSO Scoping Study outcomes
  • High NPV and IRR
  • Low capital cost
  • Short payback period
  • JORC compliant
  • QP sign-off

Evidence · text

“A$220.8M Pre-tax, real NPV8% A$237.5M Net cash flows (pre-tax) 4 months Payback period (pre-tax) A$513.4M Total revenue”

Tags used in scoring

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

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.