# OR3: HK Ignite Investment Summit Presentation

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/or3-hk-ignite-investment-summit-presentation--ec542977-93d3-4161-aaa4-a8206aaf823e

Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03152001

Publisher: asx

Original announcement: 2026-10-13T21:34:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-13T22:14:40.761Z

Atlas analysis updated: 2026-10-13T22:14:40.761Z

- 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

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas 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 factor: Maiden MRE declared for lithium project

- Positive factor: Robust DSO Scoping Study with strong economics

- Positive factor: High-grade gold intercepts at Forrest prospect

- Positive factor: Extension of gold mineralization at Forrest

- Positive factor: JORC compliant reporting

- Positive factor: QP sign-off

- Negative factor: Category not disclosed for maiden MRE

- Negative factor: Historical drill results re-released

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

Facts used in scoring: 16

## Classification and evidence

No classification tags are available.

## Extracted facts

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

## Drill Results (14)

### Fact 1

[Link to this fact](https://atlas-staging.minestarters.com/news/or3-hk-ignite-investment-summit-presentation--ec542977-93d3-4161-aaa4-a8206aaf823e#fact-drill-facts-2)

Miriam · gold

Needs review: drill\_no\_hole\_id

#### 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 factor: Exceptional grade

- Positive factor: Strong grade-width product

- Positive factor: JORC compliant

- Positive factor: QP sign-off

Evidence · text

> 12m @ 12.17 g/t Au from 44m \(Forrest\)

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**Bonanza Intercept** — Rejected; excluded from scoring

Polarity: positive

Definition: 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 Disclosed** — Rejected; excluded from scoring

Polarity: positive

Definition: 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.

### FGRC004

[Link to this fact](https://atlas-staging.minestarters.com/news/or3-hk-ignite-investment-summit-presentation--ec542977-93d3-4161-aaa4-a8206aaf823e#fact-drill-facts-3)

Miriam · gold

#### 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 factor: Strong grade

- Positive factor: Strong grade-width product

- Positive factor: JORC compliant

- Positive factor: QP sign-off

Evidence · text

> 33m @ 2.80 g/t Au from 35m \(Forrest\)

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

Definition: 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 3

[Link to this fact](https://atlas-staging.minestarters.com/news/or3-hk-ignite-investment-summit-presentation--ec542977-93d3-4161-aaa4-a8206aaf823e#fact-drill-facts-4)

Miriam · gold

Needs review: drill\_no\_hole\_id

#### 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 factor: Strong grade

- Positive factor: Strong grade-width product

- Positive factor: JORC compliant

- Positive factor: QP sign-off

Evidence · text

> 25m @ 3.28 g/t Au from 119m \(Forrest\)

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

Definition: 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 4

[Link to this fact](https://atlas-staging.minestarters.com/news/or3-hk-ignite-investment-summit-presentation--ec542977-93d3-4161-aaa4-a8206aaf823e#fact-drill-facts-5)

Miriam · gold

Needs review: drill\_no\_hole\_id

#### 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 factor: Strong grade

- Positive factor: Strong grade-width product

- Positive factor: JORC compliant

- Positive factor: QP sign-off

Evidence · text

> 24m @ 4.04 g/t Au from 37m \(Forrest\)

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

Definition: 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.

### FGRC027

[Link to this fact](https://atlas-staging.minestarters.com/news/or3-hk-ignite-investment-summit-presentation--ec542977-93d3-4161-aaa4-a8206aaf823e#fact-drill-facts-6)

Miriam · gold

#### 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 factor: Exceptional grade

- Positive factor: Strong grade-width product

- Positive factor: JORC compliant

- Positive factor: QP sign-off

Evidence · text

> 12m @ 12.18 g/t Au from 48m FGRC027

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**Bonanza Intercept** — Rejected; excluded from scoring

Polarity: positive

Definition: 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 Disclosed** — Rejected; excluded from scoring

Polarity: positive

Definition: 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.

### FGRC047

[Link to this fact](https://atlas-staging.minestarters.com/news/or3-hk-ignite-investment-summit-presentation--ec542977-93d3-4161-aaa4-a8206aaf823e#fact-drill-facts-7)

Miriam · gold

#### 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 factor: Strong grade

- Positive factor: Moderate grade-width product

- Positive factor: JORC compliant

- Positive factor: QP sign-off

Evidence · text

> 20m @ 2.27 g/t Au from 183m FGRC047

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

Definition: 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.

### FGRC055

[Link to this fact](https://atlas-staging.minestarters.com/news/or3-hk-ignite-investment-summit-presentation--ec542977-93d3-4161-aaa4-a8206aaf823e#fact-drill-facts-8)

Miriam · gold

#### 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 factor: Strong grade

- Positive factor: Strong grade-width product

- Positive factor: JORC compliant

- Positive factor: QP sign-off

Evidence · text

> 25m @ 2.82 g/t Au from 170m FGRC055

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

Definition: 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.

### BEAC115

[Link to this fact](https://atlas-staging.minestarters.com/news/or3-hk-ignite-investment-summit-presentation--ec542977-93d3-4161-aaa4-a8206aaf823e#fact-drill-facts-9)

Burbanks East · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: Strong grade

- Positive factor: JORC compliant

- Positive factor: QP sign-off

- Negative factor: Stale data re-release

Evidence · text

> 4m @ 4.29 g/t Au from 44m \(BEAC115\)

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**Stale Data Re-release** — Rejected; excluded from scoring

Polarity: negative

Definition: 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 Disclosed** — Rejected; excluded from scoring

Polarity: positive

Definition: 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.

### AVRC002

[Link to this fact](https://atlas-staging.minestarters.com/news/or3-hk-ignite-investment-summit-presentation--ec542977-93d3-4161-aaa4-a8206aaf823e#fact-drill-facts-10)

Avoca · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: Strong width

- Positive factor: JORC compliant

- Positive factor: QP sign-off

- Negative factor: Stale data re-release

Evidence · text

> 44m @ 1.84 g/t Au from 16m \(AVRC002\)

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**Stale Data Re-release** — Rejected; excluded from scoring

Polarity: negative

Definition: 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 Disclosed** — Rejected; excluded from scoring

Polarity: positive

Definition: 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.

### AVRC002

[Link to this fact](https://atlas-staging.minestarters.com/news/or3-hk-ignite-investment-summit-presentation--ec542977-93d3-4161-aaa4-a8206aaf823e#fact-drill-facts-11)

Avoca · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: Exceptional grade

- Positive factor: JORC compliant

- Positive factor: QP sign-off

- Negative factor: Stale data re-release

Evidence · text

> 4m @ 14.04 g/t Au from 36m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**Stale Data Re-release** — Rejected; excluded from scoring

Polarity: negative

Definition: 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 Disclosed** — Rejected; excluded from scoring

Polarity: positive

Definition: 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.

### 15MMAC0048

[Link to this fact](https://atlas-staging.minestarters.com/news/or3-hk-ignite-investment-summit-presentation--ec542977-93d3-4161-aaa4-a8206aaf823e#fact-drill-facts-12)

Kal East Gold Projects · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: Exceptional grade

- Positive factor: JORC compliant

- Positive factor: QP sign-off

- Negative factor: Stale data re-release

Evidence · text

> 9m @ 6.25 g/t Au from 9m \(15MMAC0048\) \(Kims\)

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**Stale Data Re-release** — Rejected; excluded from scoring

Polarity: negative

Definition: 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 Disclosed** — Rejected; excluded from scoring

Polarity: positive

Definition: 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.

### 12SSRC039

[Link to this fact](https://atlas-staging.minestarters.com/news/or3-hk-ignite-investment-summit-presentation--ec542977-93d3-4161-aaa4-a8206aaf823e#fact-drill-facts-13)

Kal East Gold Projects · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: Exceptional grade

- Positive factor: JORC compliant

- Positive factor: QP sign-off

- Negative factor: Stale data re-release

Evidence · text

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

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**Stale Data Re-release** — Rejected; excluded from scoring

Polarity: negative

Definition: 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 Disclosed** — Rejected; excluded from scoring

Polarity: positive

Definition: 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.

### COWRC003

[Link to this fact](https://atlas-staging.minestarters.com/news/or3-hk-ignite-investment-summit-presentation--ec542977-93d3-4161-aaa4-a8206aaf823e#fact-drill-facts-14)

Randalls South · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: Moderate grade

- Positive factor: JORC compliant

- Positive factor: QP sign-off

- Negative factor: Stale data re-release

Evidence · text

> 12m @ 0.97 g/t Au from 31m \(COWRC003\) \(Logan\)

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**Stale Data Re-release** — Rejected; excluded from scoring

Polarity: negative

Definition: 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 Disclosed** — Rejected; excluded from scoring

Polarity: positive

Definition: 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.

### RURC010

[Link to this fact](https://atlas-staging.minestarters.com/news/or3-hk-ignite-investment-summit-presentation--ec542977-93d3-4161-aaa4-a8206aaf823e#fact-drill-facts-15)

Randalls South · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: Moderate grade

- Positive factor: JORC compliant

- Positive factor: QP sign-off

- Negative factor: Stale data re-release

Evidence · text

> 3m @ 1.35 g/t Au from 28m \(RURC010\) \(Nightcrawler\)

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**Stale Data Re-release** — Rejected; excluded from scoring

Polarity: negative

Definition: 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 Disclosed** — Rejected; excluded from scoring

Polarity: positive

Definition: 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 1

[Link to this fact](https://atlas-staging.minestarters.com/news/or3-hk-ignite-investment-summit-presentation--ec542977-93d3-4161-aaa4-a8206aaf823e#fact-resource-facts-0)

Kangaroo Hills Lithium Project · lithium

#### 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 factor: Maiden MRE declared

- Positive factor: JORC compliant

- Positive factor: QP sign-off

- Positive factor: Tonnage Growth

- Negative factor: Category not disclosed

- Negative factor: Weak Grade Decline

Evidence · text

> Maiden MRE declared: 3.10 Mt at 1.01% Li2O

#### Tags used in scoring

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

### Fact 2

[Link to this fact](https://atlas-staging.minestarters.com/news/or3-hk-ignite-investment-summit-presentation--ec542977-93d3-4161-aaa4-a8206aaf823e#fact-resource-facts-1)

Kangaroo Hills Lithium Project · lithium

#### 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 factor: Robust DSO Scoping Study outcomes

- Positive factor: High NPV and IRR

- Positive factor: Low capital cost

- Positive factor: Short payback period

- Positive factor: JORC compliant

- Positive factor: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**No Contained Metal**

Polarity: negative

Definition: 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.