# PHO: DOH and Sekarna drilling hits more mineralisation Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/pho-doh-and-sekarna-drilling-hits-more-mineralisation--f5d70493-2c6d-49a9-8508-8c19fc4b0c4b Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03148265 Publisher: asx Original announcement: 2026-10-04T21:59:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-04T22:18:08.555Z Atlas analysis updated: 2026-10-04T22:18:08.555Z - Company: PhosCo Ltd - Ticker: PHO - Exchange: ASX - Region: Tunisia - Primary commodity: Phosphate - Secondary commodities: None reported - Document categories: Drill results, Other - Extracted: 2026-10-04 22:18:09 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary PhosCo Ltd announced new drill intercepts of phosphate mineralisation at its DOH and Sekarna North prospects in Tunisia, expanding the DOH discovery and making a new discovery at Sekarna North. Assays are pending for these new holes, which intersected widths of up to 9.0m. The company also highlighted historical high-grade intercepts from DOH and confirmed an updated Scoping Study is on track for release this month. Reasoning: PhosCo announced new drill intercepts of phosphate mineralisation at its DOH and Sekarna North prospects, expanding the known footprint and making a new discovery. While these results confirm geological continuity and potential, assays are pending for all new holes, limiting the immediate economic interpretation. Historical high-grade intercepts are also noted. - Positive factor: New phosphate mineralisation discovered at Sekarna North - Positive factor: Existing DOH discovery expanded with new intercepts - Positive factor: Confirms district-scale potential of the Northern Phosphate basin - Positive factor: Ongoing drilling program - Positive factor: Upcoming updated Scoping Study - Negative factor: Assays are pending for all newly reported drill holes, so economic significance is unknown - Negative factor: Reported intercept widths are exaggerated due to vertical drilling on dipping mineralisation - Negative factor: No verification sampling and assaying has been completed for the current program Facts used in scoring: 26 ## Classification and evidence **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: The release includes a detailed JORC Table 1 section outlining sampling techniques, drilling techniques, sample recovery, logging, sub-sampling, and quality of assay data, including mention of ALS Spain as the lab and use of Certified Reference Materials \(CRMs\). Evidence · text > Section 1 Sampling Techniques and Data ## Extracted facts Stored fact records: 26. Some facts used in scoring do not have a stored record. ## Drill Results (26) ### GADD-2026-36 [Link to this fact](https://atlas-staging.minestarters.com/news/pho-doh-and-sekarna-drilling-hits-more-mineralisation--f5d70493-2c6d-49a9-8508-8c19fc4b0c4b#fact-drill-facts-0) Gasaat Phosphate · phosphate #### Identity - Hole ID: GADD-2026-36 - Project: Gasaat Phosphate - Commodity: phosphate - Region: tunisia - Reported Region: tunisia - Ticker: PHO #### Geometry - Intercept: 8.1 m - From: 64.9 m - To: 73 m - Hole Depth: 73.4 m - Intercept Depth: 64.9 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: GADD-2026-36:64.9-73 - Mining Method: open\_pit #### Location - Location: DOH - Easting: 501153 - Northing: 3944491 - CRS: WGS84 UTM North Zone 32 - Elevation: 865 m - Dip: -90 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS Spain - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: cadmium, uranium, arsenic, zinc, lead #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-04T00:00:00.000Z Reasoning: Phosphate mineralisation intersected, but assays are pending and reported width is exaggerated due to vertical drilling. - Positive factor: Phosphate mineralisation intersected - Positive factor: Expands known mineralisation - Negative factor: Assays pending - Negative factor: Reported width is exaggerated due to vertical drilling Evidence · text > GADD-36: 8.1m of phosphate from 64.9m depth. #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **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 **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "PhosCo Ltd \| Suite 2, Level 11, 385 Bourke Street, Melbourne, VIC, 3000 \| ABN 82 139 255 771 T: +61 3 9692 7222 \| E: inf" ### GADD-2026-37 [Link to this fact](https://atlas-staging.minestarters.com/news/pho-doh-and-sekarna-drilling-hits-more-mineralisation--f5d70493-2c6d-49a9-8508-8c19fc4b0c4b#fact-drill-facts-1) Gasaat Phosphate · phosphate #### Identity - Hole ID: GADD-2026-37 - Project: Gasaat Phosphate - Commodity: phosphate - Region: tunisia - Reported Region: tunisia - Ticker: PHO #### Geometry - Intercept: 9 m - From: 22 m - To: 31 m - Hole Depth: 37 m - Intercept Depth: 22 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: GADD-2026-37:22-31 - Mining Method: open\_pit #### Location - Location: DOH - Easting: 501206 - Northing: 3944658 - CRS: WGS84 UTM North Zone 32 - Elevation: 836 m - Dip: -90 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS Spain - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: cadmium, uranium, arsenic, zinc, lead #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-04T00:00:00.000Z Reasoning: Phosphate mineralisation intersected, but assays are pending and reported width is exaggerated due to vertical drilling. - Positive factor: Phosphate mineralisation intersected - Positive factor: Expands known mineralisation - Negative factor: Assays pending - Negative factor: Reported width is exaggerated due to vertical drilling Evidence · text > GADD-37: 9.0m of phosphate from 22.0m depth. #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **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 **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "PhosCo Ltd \| Suite 2, Level 11, 385 Bourke Street, Melbourne, VIC, 3000 \| ABN 82 139 255 771 T: +61 3 9692 7222 \| E: inf" ### SKDD-2026-01 [Link to this fact](https://atlas-staging.minestarters.com/news/pho-doh-and-sekarna-drilling-hits-more-mineralisation--f5d70493-2c6d-49a9-8508-8c19fc4b0c4b#fact-drill-facts-2) Gasaat Phosphate · phosphate #### Identity - Hole ID: SKDD-2026-01 - Project: Gasaat Phosphate - Commodity: phosphate - Region: tunisia - Reported Region: tunisia - Ticker: PHO #### Geometry - Intercept: 6 m - From: 46.5 m - To: 52.5 m - Hole Depth: 58 m - Intercept Depth: 46.5 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: SKDD-2026-01:46.5-52.5 - Mining Method: open\_pit #### Location - Location: Sekarna North - Easting: 501399 - Northing: 3964051 - CRS: WGS84 UTM North Zone 32 - Elevation: 820 m - Dip: -90 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS Spain - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: cadmium, uranium, arsenic, zinc, lead #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-04T00:00:00.000Z Reasoning: Phosphate mineralisation intersected, but assays are pending and reported width is exaggerated due to vertical drilling. - Positive factor: Phosphate mineralisation intersected - Positive factor: New discovery at Sekarna North - Negative factor: Assays pending - Negative factor: Reported width is exaggerated due to vertical drilling Evidence · text > SKDD-01: 6m of phosphate from 46.5m depth. #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **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 **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "PhosCo Ltd \| Suite 2, Level 11, 385 Bourke Street, Melbourne, VIC, 3000 \| ABN 82 139 255 771 T: +61 3 9692 7222 \| E: inf" ### SKDD-2026-02 [Link to this fact](https://atlas-staging.minestarters.com/news/pho-doh-and-sekarna-drilling-hits-more-mineralisation--f5d70493-2c6d-49a9-8508-8c19fc4b0c4b#fact-drill-facts-3) Gasaat Phosphate · phosphate #### Identity - Hole ID: SKDD-2026-02 - Project: Gasaat Phosphate - Commodity: phosphate - Region: tunisia - Reported Region: tunisia - Ticker: PHO #### Geometry - Intercept: 7.4 m - From: 25 m - To: 32.4 m - Hole Depth: 40 m - Intercept Depth: 25 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: SKDD-2026-02:25-32.4 - Mining Method: open\_pit #### Location - Location: Sekarna North - Easting: 503164 - Northing: 3962517 - CRS: WGS84 UTM North Zone 32 - Elevation: 845 m - Dip: -90 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS Spain - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: cadmium, uranium, arsenic, zinc, lead #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-04T00:00:00.000Z Reasoning: Phosphate mineralisation intersected, but assays are pending and reported width is exaggerated due to vertical drilling. - Positive factor: Phosphate mineralisation intersected - Positive factor: New discovery at Sekarna North - Negative factor: Assays pending - Negative factor: Reported width is exaggerated due to vertical drilling Evidence · text > SKDD-02: 7.4m of phosphate from 25m depth. #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **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 **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "PhosCo Ltd \| Suite 2, Level 11, 385 Bourke Street, Melbourne, VIC, 3000 \| ABN 82 139 255 771 T: +61 3 9692 7222 \| E: inf" ### GADD-2025-20 [Link to this fact](https://atlas-staging.minestarters.com/news/pho-doh-and-sekarna-drilling-hits-more-mineralisation--f5d70493-2c6d-49a9-8508-8c19fc4b0c4b#fact-drill-facts-4) Gasaat Phosphate · phosphate Historical result Needs review: historical\_restatement #### Identity - Hole ID: GADD-2025-20 - Project: Gasaat Phosphate - Commodity: phosphate - Region: tunisia - Reported Region: tunisia - Ticker: PHO #### Geometry - Grade: 20.1 - Grade Unit: % - Intercept: 12.5 m - From: 93.3 m - To: 105.8 m - Intercept Depth: 93.3 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: GADD-2025-20:93.3-105.8 - Mining Method: open\_pit #### Location - Location: DOH - Loc. Source: document #### QA/QC - Laboratory: ALS Spain - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: cadmium, uranium, arsenic, zinc, lead #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-06-03T00:00:00.000Z #### Dates - Event date: 2026-10-04T00:00:00.000Z Reasoning: Historical phosphate intercept with good grade, but reported width is exaggerated due to vertical drilling and cut-off grade is undisclosed. - Positive factor: High phosphate grade - Positive factor: Good intercept width - Negative factor: Historical data - Negative factor: Reported width is exaggerated due to vertical drilling - Negative factor: Cut-off grade undisclosed Evidence · text > GADD-2025-20 12.5m @ 20.1% P2O5 from 93.3m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "PhosCo Ltd \| Suite 2, Level 11, 385 Bourke Street, Melbourne, VIC, 3000 \| ABN 82 139 255 771 T: +61 3 9692 7222 \| E: inf" #### 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 intercept is explicitly stated as previously reported on June 3, 2026. Evidence · text > Previous reported intercepts for nine holes at DOH \(refer ASX Announcement 3 June 2026\) **Apparent Width Only** — Rejected; excluded from scoring Polarity: negative Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. Reason: The document states that drill holes are vertical and mineralisation dips, meaning reported intercept widths will be exaggerated. Evidence · text > Drill holes are vertical, therefore reported intercept widths will be exaggerated. **Cut-off Undisclosed** — Rejected; excluded from scoring Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Reason: The document does not disclose the cut-off grade used for compositing this interval. Evidence · text > GADD-2025-20 12.5m @ 20.1% P2O5 from 93.3m ### GADD-2025-20 [Link to this fact](https://atlas-staging.minestarters.com/news/pho-doh-and-sekarna-drilling-hits-more-mineralisation--f5d70493-2c6d-49a9-8508-8c19fc4b0c4b#fact-drill-facts-5) Gasaat Phosphate · phosphate Historical result Needs review: historical\_restatement #### Identity - Hole ID: GADD-2025-20 - Project: Gasaat Phosphate - Commodity: phosphate - Region: tunisia - Reported Region: tunisia - Ticker: PHO #### Geometry - Grade: 23.1 - Grade Unit: % - Intercept: 2.4 m - From: 95.3 m - To: 97.7 m - Intercept Depth: 95.3 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: GADD-2025-20:95.3-97.7 - Mining Method: open\_pit #### Location - Location: DOH - Loc. Source: document #### QA/QC - Laboratory: ALS Spain - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: cadmium, uranium, arsenic, zinc, lead #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-06-03T00:00:00.000Z #### Dates - Event date: 2026-10-04T00:00:00.000Z Reasoning: Historical phosphate sub-interval with high grade, but reported width is exaggerated due to vertical drilling and cut-off grade is undisclosed. - Positive factor: High phosphate grade - Negative factor: Historical data - Negative factor: Reported width is exaggerated due to vertical drilling - Negative factor: Cut-off grade undisclosed Evidence · text > incl 2.4m @ 23.1% P2O5 from 95.3m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "PhosCo Ltd \| Suite 2, Level 11, 385 Bourke Street, Melbourne, VIC, 3000 \| ABN 82 139 255 771 T: +61 3 9692 7222 \| E: inf" #### 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 intercept is explicitly stated as previously reported on June 3, 2026. Evidence · text > Previous reported intercepts for nine holes at DOH \(refer ASX Announcement 3 June 2026\) **Apparent Width Only** — Rejected; excluded from scoring Polarity: negative Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. Reason: The document states that drill holes are vertical and mineralisation dips, meaning reported intercept widths will be exaggerated. Evidence · text > Drill holes are vertical, therefore reported intercept widths will be exaggerated. **Cut-off Undisclosed** — Rejected; excluded from scoring Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Reason: The document does not disclose the cut-off grade used for compositing this interval. Evidence · text > incl 2.4m @ 23.1% P2O5 from 95.3m ### GADD-2025-20 [Link to this fact](https://atlas-staging.minestarters.com/news/pho-doh-and-sekarna-drilling-hits-more-mineralisation--f5d70493-2c6d-49a9-8508-8c19fc4b0c4b#fact-drill-facts-6) Gasaat Phosphate · phosphate Historical result Needs review: historical\_restatement #### Identity - Hole ID: GADD-2025-20 - Project: Gasaat Phosphate - Commodity: phosphate - Region: tunisia - Reported Region: tunisia - Ticker: PHO #### Geometry - Grade: 24.9 - Grade Unit: % - Intercept: 3 m - From: 99.7 m - To: 102.7 m - Intercept Depth: 99.7 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: GADD-2025-20:99.7-102.7 - Mining Method: open\_pit #### Location - Location: DOH - Loc. Source: document #### QA/QC - Laboratory: ALS Spain - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: cadmium, uranium, arsenic, zinc, lead #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-06-03T00:00:00.000Z #### Dates - Event date: 2026-10-04T00:00:00.000Z Reasoning: Historical phosphate sub-interval with high grade, but reported width is exaggerated due to vertical drilling and cut-off grade is undisclosed. - Positive factor: High phosphate grade - Negative factor: Historical data - Negative factor: Reported width is exaggerated due to vertical drilling - Negative factor: Cut-off grade undisclosed Evidence · text > incl 3m @ 24.9% P2O5 from 99.7m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "PhosCo Ltd \| Suite 2, Level 11, 385 Bourke Street, Melbourne, VIC, 3000 \| ABN 82 139 255 771 T: +61 3 9692 7222 \| E: inf" #### 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 intercept is explicitly stated as previously reported on June 3, 2026. Evidence · text > Previous reported intercepts for nine holes at DOH \(refer ASX Announcement 3 June 2026\) **Apparent Width Only** — Rejected; excluded from scoring Polarity: negative Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. Reason: The document states that drill holes are vertical and mineralisation dips, meaning reported intercept widths will be exaggerated. Evidence · text > Drill holes are vertical, therefore reported intercept widths will be exaggerated. **Cut-off Undisclosed** — Rejected; excluded from scoring Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Reason: The document does not disclose the cut-off grade used for compositing this interval. Evidence · text > incl 3m @ 24.9% P2O5 from 99.7m ### GADD-2025-21 [Link to this fact](https://atlas-staging.minestarters.com/news/pho-doh-and-sekarna-drilling-hits-more-mineralisation--f5d70493-2c6d-49a9-8508-8c19fc4b0c4b#fact-drill-facts-7) Gasaat Phosphate · phosphate Historical result Needs review: historical\_restatement #### Identity - Hole ID: GADD-2025-21 - Project: Gasaat Phosphate - Commodity: phosphate - Region: tunisia - Reported Region: tunisia - Ticker: PHO #### Geometry - Grade: 20.3 - Grade Unit: % - Intercept: 10.1 m - From: 103.7 m - To: 113.8 m - Intercept Depth: 103.7 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: GADD-2025-21:103.7-113.8 - Mining Method: open\_pit #### Location - Location: DOH - Loc. Source: document #### QA/QC - Laboratory: ALS Spain - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: cadmium, uranium, arsenic, zinc, lead #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-06-03T00:00:00.000Z #### Dates - Event date: 2026-10-04T00:00:00.000Z Reasoning: Historical phosphate intercept with good grade, but reported width is exaggerated due to vertical drilling and cut-off grade is undisclosed. - Positive factor: High phosphate grade - Positive factor: Good intercept width - Negative factor: Historical data - Negative factor: Reported width is exaggerated due to vertical drilling - Negative factor: Cut-off grade undisclosed Evidence · text > GADD-2025-21 10.1m @ 20.3% P2O5 from 103.7m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "PhosCo Ltd \| Suite 2, Level 11, 385 Bourke Street, Melbourne, VIC, 3000 \| ABN 82 139 255 771 T: +61 3 9692 7222 \| E: inf" #### 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 intercept is explicitly stated as previously reported on June 3, 2026. Evidence · text > Previous reported intercepts for nine holes at DOH \(refer ASX Announcement 3 June 2026\) **Apparent Width Only** — Rejected; excluded from scoring Polarity: negative Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. Reason: The document states that drill holes are vertical and mineralisation dips, meaning reported intercept widths will be exaggerated. Evidence · text > Drill holes are vertical, therefore reported intercept widths will be exaggerated. **Cut-off Undisclosed** — Rejected; excluded from scoring Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Reason: The document does not disclose the cut-off grade used for compositing this interval. Evidence · text > GADD-2025-21 10.1m @ 20.3% P2O5 from 103.7m ### GADD-2025-21 [Link to this fact](https://atlas-staging.minestarters.com/news/pho-doh-and-sekarna-drilling-hits-more-mineralisation--f5d70493-2c6d-49a9-8508-8c19fc4b0c4b#fact-drill-facts-8) Gasaat Phosphate · phosphate Historical result Needs review: historical\_restatement #### Identity - Hole ID: GADD-2025-21 - Project: Gasaat Phosphate - Commodity: phosphate - Region: tunisia - Reported Region: tunisia - Ticker: PHO #### Geometry - Grade: 24 - Grade Unit: % - Intercept: 2 m - From: 104.7 m - To: 106.7 m - Intercept Depth: 104.7 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: GADD-2025-21:104.7-106.7 - Mining Method: open\_pit #### Location - Location: DOH - Loc. Source: document #### QA/QC - Laboratory: ALS Spain - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: cadmium, uranium, arsenic, zinc, lead #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-06-03T00:00:00.000Z #### Dates - Event date: 2026-10-04T00:00:00.000Z Reasoning: Historical phosphate sub-interval with high grade, but reported width is exaggerated due to vertical drilling and cut-off grade is undisclosed. - Positive factor: High phosphate grade - Negative factor: Historical data - Negative factor: Reported width is exaggerated due to vertical drilling - Negative factor: Cut-off grade undisclosed Evidence · text > incl 2m @ 24% P2O5 from 104.7m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "PhosCo Ltd \| Suite 2, Level 11, 385 Bourke Street, Melbourne, VIC, 3000 \| ABN 82 139 255 771 T: +61 3 9692 7222 \| E: inf" #### 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 intercept is explicitly stated as previously reported on June 3, 2026. Evidence · text > Previous reported intercepts for nine holes at DOH \(refer ASX Announcement 3 June 2026\) **Apparent Width Only** — Rejected; excluded from scoring Polarity: negative Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. Reason: The document states that drill holes are vertical and mineralisation dips, meaning reported intercept widths will be exaggerated. Evidence · text > Drill holes are vertical, therefore reported intercept widths will be exaggerated. **Cut-off Undisclosed** — Rejected; excluded from scoring Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Reason: The document does not disclose the cut-off grade used for compositing this interval. Evidence · text > incl 2m @ 24% P2O5 from 104.7m ### GADD-2025-21 [Link to this fact](https://atlas-staging.minestarters.com/news/pho-doh-and-sekarna-drilling-hits-more-mineralisation--f5d70493-2c6d-49a9-8508-8c19fc4b0c4b#fact-drill-facts-9) Gasaat Phosphate · phosphate Historical result Needs review: historical\_restatement #### Identity - Hole ID: GADD-2025-21 - Project: Gasaat Phosphate - Commodity: phosphate - Region: tunisia - Reported Region: tunisia - Ticker: PHO #### Geometry - Grade: 24.3 - Grade Unit: % - Intercept: 2.9 m - From: 109.7 m - To: 112.6 m - Intercept Depth: 109.7 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: GADD-2025-21:109.7-112.6 - Mining Method: open\_pit #### Location - Location: DOH - Loc. Source: document #### QA/QC - Laboratory: ALS Spain - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: cadmium, uranium, arsenic, zinc, lead #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-06-03T00:00:00.000Z #### Dates - Event date: 2026-10-04T00:00:00.000Z Reasoning: Historical phosphate sub-interval with high grade, but reported width is exaggerated due to vertical drilling and cut-off grade is undisclosed. - Positive factor: High phosphate grade - Negative factor: Historical data - Negative factor: Reported width is exaggerated due to vertical drilling - Negative factor: Cut-off grade undisclosed Evidence · text > incl 2.9m @ 24.3% P2O5 from 109.7m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "PhosCo Ltd \| Suite 2, Level 11, 385 Bourke Street, Melbourne, VIC, 3000 \| ABN 82 139 255 771 T: +61 3 9692 7222 \| E: inf" #### 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 intercept is explicitly stated as previously reported on June 3, 2026. Evidence · text > Previous reported intercepts for nine holes at DOH \(refer ASX Announcement 3 June 2026\) **Apparent Width Only** — Rejected; excluded from scoring Polarity: negative Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. Reason: The document states that drill holes are vertical and mineralisation dips, meaning reported intercept widths will be exaggerated. Evidence · text > Drill holes are vertical, therefore reported intercept widths will be exaggerated. **Cut-off Undisclosed** — Rejected; excluded from scoring Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Reason: The document does not disclose the cut-off grade used for compositing this interval. Evidence · text > incl 2.9m @ 24.3% P2O5 from 109.7m ### GADD-2025-22 [Link to this fact](https://atlas-staging.minestarters.com/news/pho-doh-and-sekarna-drilling-hits-more-mineralisation--f5d70493-2c6d-49a9-8508-8c19fc4b0c4b#fact-drill-facts-10) Gasaat Phosphate · phosphate Historical result Needs review: historical\_restatement #### Identity - Hole ID: GADD-2025-22 - Project: Gasaat Phosphate - Commodity: phosphate - Region: tunisia - Reported Region: tunisia - Ticker: PHO #### Geometry - Grade: 20.3 - Grade Unit: % - Intercept: 11.5 m - From: 68.1 m - To: 79.6 m - Intercept Depth: 68.1 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: GADD-2025-22:68.1-79.6 - Mining Method: open\_pit #### Location - Location: DOH - Loc. Source: document #### QA/QC - Laboratory: ALS Spain - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: cadmium, uranium, arsenic, zinc, lead #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-06-03T00:00:00.000Z #### Dates - Event date: 2026-10-04T00:00:00.000Z Reasoning: Historical phosphate intercept with good grade, but reported width is exaggerated due to vertical drilling and cut-off grade is undisclosed. - Positive factor: High phosphate grade - Positive factor: Good intercept width - Negative factor: Historical data - Negative factor: Reported width is exaggerated due to vertical drilling - Negative factor: Cut-off grade undisclosed Evidence · text > GADD-2025-22 11.5m @ 20.3% P2O5 from 68.1m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "PhosCo Ltd \| Suite 2, Level 11, 385 Bourke Street, Melbourne, VIC, 3000 \| ABN 82 139 255 771 T: +61 3 9692 7222 \| E: inf" #### 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 intercept is explicitly stated as previously reported on June 3, 2026. Evidence · text > Previous reported intercepts for nine holes at DOH \(refer ASX Announcement 3 June 2026\) **Apparent Width Only** — Rejected; excluded from scoring Polarity: negative Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. Reason: The document states that drill holes are vertical and mineralisation dips, meaning reported intercept widths will be exaggerated. Evidence · text > Drill holes are vertical, therefore reported intercept widths will be exaggerated. **Cut-off Undisclosed** — Rejected; excluded from scoring Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Reason: The document does not disclose the cut-off grade used for compositing this interval. Evidence · text > GADD-2025-22 11.5m @ 20.3% P2O5 from 68.1m ### GADD-2025-22 [Link to this fact](https://atlas-staging.minestarters.com/news/pho-doh-and-sekarna-drilling-hits-more-mineralisation--f5d70493-2c6d-49a9-8508-8c19fc4b0c4b#fact-drill-facts-11) Gasaat Phosphate · phosphate Historical result Needs review: historical\_restatement #### Identity - Hole ID: GADD-2025-22 - Project: Gasaat Phosphate - Commodity: phosphate - Region: tunisia - Reported Region: tunisia - Ticker: PHO #### Geometry - Grade: 25.2 - Grade Unit: % - Intercept: 2 m - From: 68.1 m - To: 70.1 m - Intercept Depth: 68.1 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: GADD-2025-22:68.1-70.1 - Mining Method: open\_pit #### Location - Location: DOH - Loc. Source: document #### QA/QC - Laboratory: ALS Spain - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: cadmium, uranium, arsenic, zinc, lead #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-06-03T00:00:00.000Z #### Dates - Event date: 2026-10-04T00:00:00.000Z Reasoning: Historical phosphate sub-interval with high grade, but reported width is exaggerated due to vertical drilling and cut-off grade is undisclosed. - Positive factor: High phosphate grade - Negative factor: Historical data - Negative factor: Reported width is exaggerated due to vertical drilling - Negative factor: Cut-off grade undisclosed Evidence · text > incl 2m @ 25.2% P2O5 from 68.1m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "PhosCo Ltd \| Suite 2, Level 11, 385 Bourke Street, Melbourne, VIC, 3000 \| ABN 82 139 255 771 T: +61 3 9692 7222 \| E: inf" #### 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 intercept is explicitly stated as previously reported on June 3, 2026. Evidence · text > Previous reported intercepts for nine holes at DOH \(refer ASX Announcement 3 June 2026\) **Apparent Width Only** — Rejected; excluded from scoring Polarity: negative Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. Reason: The document states that drill holes are vertical and mineralisation dips, meaning reported intercept widths will be exaggerated. Evidence · text > Drill holes are vertical, therefore reported intercept widths will be exaggerated. **Cut-off Undisclosed** — Rejected; excluded from scoring Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Reason: The document does not disclose the cut-off grade used for compositing this interval. Evidence · text > incl 2m @ 25.2% P2O5 from 68.1m ### GADD-2025-22 [Link to this fact](https://atlas-staging.minestarters.com/news/pho-doh-and-sekarna-drilling-hits-more-mineralisation--f5d70493-2c6d-49a9-8508-8c19fc4b0c4b#fact-drill-facts-12) Gasaat Phosphate · phosphate Historical result Needs review: historical\_restatement #### Identity - Hole ID: GADD-2025-22 - Project: Gasaat Phosphate - Commodity: phosphate - Region: tunisia - Reported Region: tunisia - Ticker: PHO #### Geometry - Grade: 24.8 - Grade Unit: % - Intercept: 3.7 m - From: 73.1 m - To: 76.8 m - Intercept Depth: 73.1 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: GADD-2025-22:73.1-76.8 - Mining Method: open\_pit #### Location - Location: DOH - Loc. Source: document #### QA/QC - Laboratory: ALS Spain - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: cadmium, uranium, arsenic, zinc, lead #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-06-03T00:00:00.000Z #### Dates - Event date: 2026-10-04T00:00:00.000Z Reasoning: Historical phosphate sub-interval with high grade, but reported width is exaggerated due to vertical drilling and cut-off grade is undisclosed. - Positive factor: High phosphate grade - Negative factor: Historical data - Negative factor: Reported width is exaggerated due to vertical drilling - Negative factor: Cut-off grade undisclosed Evidence · text > incl 3.7m @ 24.8% P2O5 from 73.1m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "PhosCo Ltd \| Suite 2, Level 11, 385 Bourke Street, Melbourne, VIC, 3000 \| ABN 82 139 255 771 T: +61 3 9692 7222 \| E: inf" #### 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 intercept is explicitly stated as previously reported on June 3, 2026. Evidence · text > Previous reported intercepts for nine holes at DOH \(refer ASX Announcement 3 June 2026\) **Apparent Width Only** — Rejected; excluded from scoring Polarity: negative Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. Reason: The document states that drill holes are vertical and mineralisation dips, meaning reported intercept widths will be exaggerated. Evidence · text > Drill holes are vertical, therefore reported intercept widths will be exaggerated. **Cut-off Undisclosed** — Rejected; excluded from scoring Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Reason: The document does not disclose the cut-off grade used for compositing this interval. Evidence · text > incl 3.7m @ 24.8% P2O5 from 73.1m ### GADD-2025-23 [Link to this fact](https://atlas-staging.minestarters.com/news/pho-doh-and-sekarna-drilling-hits-more-mineralisation--f5d70493-2c6d-49a9-8508-8c19fc4b0c4b#fact-drill-facts-13) Gasaat Phosphate · phosphate Historical result Needs review: historical\_restatement #### Identity - Hole ID: GADD-2025-23 - Project: Gasaat Phosphate - Commodity: phosphate - Region: tunisia - Reported Region: tunisia - Ticker: PHO #### Geometry - Grade: 20.2 - Grade Unit: % - Intercept: 13.3 m - From: 78.1 m - To: 91.4 m - Intercept Depth: 78.1 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: GADD-2025-23:78.1-91.4 - Mining Method: open\_pit #### Location - Location: DOH - Loc. Source: document #### QA/QC - Laboratory: ALS Spain - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: cadmium, uranium, arsenic, zinc, lead #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-06-03T00:00:00.000Z #### Dates - Event date: 2026-10-04T00:00:00.000Z Reasoning: Historical phosphate intercept with good grade, but reported width is exaggerated due to vertical drilling and cut-off grade is undisclosed. - Positive factor: High phosphate grade - Positive factor: Good intercept width - Negative factor: Historical data - Negative factor: Reported width is exaggerated due to vertical drilling - Negative factor: Cut-off grade undisclosed Evidence · text > GADD-2025-23 13.3m @ 20.2% P2O5 from 78.1m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "PhosCo Ltd \| Suite 2, Level 11, 385 Bourke Street, Melbourne, VIC, 3000 \| ABN 82 139 255 771 T: +61 3 9692 7222 \| E: inf" #### 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 intercept is explicitly stated as previously reported on June 3, 2026. Evidence · text > Previous reported intercepts for nine holes at DOH \(refer ASX Announcement 3 June 2026\) **Apparent Width Only** — Rejected; excluded from scoring Polarity: negative Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. Reason: The document states that drill holes are vertical and mineralisation dips, meaning reported intercept widths will be exaggerated. Evidence · text > Drill holes are vertical, therefore reported intercept widths will be exaggerated. **Cut-off Undisclosed** — Rejected; excluded from scoring Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Reason: The document does not disclose the cut-off grade used for compositing this interval. Evidence · text > GADD-2025-23 13.3m @ 20.2% P2O5 from 78.1m ### GADD-2025-23 [Link to this fact](https://atlas-staging.minestarters.com/news/pho-doh-and-sekarna-drilling-hits-more-mineralisation--f5d70493-2c6d-49a9-8508-8c19fc4b0c4b#fact-drill-facts-14) Gasaat Phosphate · phosphate Historical result Needs review: historical\_restatement #### Identity - Hole ID: GADD-2025-23 - Project: Gasaat Phosphate - Commodity: phosphate - Region: tunisia - Reported Region: tunisia - Ticker: PHO #### Geometry - Grade: 25 - Grade Unit: % - Intercept: 1.7 m - From: 81.1 m - To: 82.8 m - Intercept Depth: 81.1 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: GADD-2025-23:81.1-82.8 - Mining Method: open\_pit #### Location - Location: DOH - Loc. Source: document #### QA/QC - Laboratory: ALS Spain - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: cadmium, uranium, arsenic, zinc, lead #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-06-03T00:00:00.000Z #### Dates - Event date: 2026-10-04T00:00:00.000Z Reasoning: Historical phosphate sub-interval with high grade, but reported width is exaggerated due to vertical drilling and cut-off grade is undisclosed. - Positive factor: High phosphate grade - Negative factor: Historical data - Negative factor: Reported width is exaggerated due to vertical drilling - Negative factor: Cut-off grade undisclosed Evidence · text > Incl 1.7m @ 25% P2O5 from 81.1m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "PhosCo Ltd \| Suite 2, Level 11, 385 Bourke Street, Melbourne, VIC, 3000 \| ABN 82 139 255 771 T: +61 3 9692 7222 \| E: inf" #### 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 intercept is explicitly stated as previously reported on June 3, 2026. Evidence · text > Previous reported intercepts for nine holes at DOH \(refer ASX Announcement 3 June 2026\) **Apparent Width Only** — Rejected; excluded from scoring Polarity: negative Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. Reason: The document states that drill holes are vertical and mineralisation dips, meaning reported intercept widths will be exaggerated. Evidence · text > Drill holes are vertical, therefore reported intercept widths will be exaggerated. **Cut-off Undisclosed** — Rejected; excluded from scoring Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Reason: The document does not disclose the cut-off grade used for compositing this interval. Evidence · text > Incl 1.7m @ 25% P2O5 from 81.1m ### GADD-2025-23 [Link to this fact](https://atlas-staging.minestarters.com/news/pho-doh-and-sekarna-drilling-hits-more-mineralisation--f5d70493-2c6d-49a9-8508-8c19fc4b0c4b#fact-drill-facts-15) Gasaat Phosphate · phosphate Historical result Needs review: historical\_restatement #### Identity - Hole ID: GADD-2025-23 - Project: Gasaat Phosphate - Commodity: phosphate - Region: tunisia - Reported Region: tunisia - Ticker: PHO #### Geometry - Grade: 25.7 - Grade Unit: % - Intercept: 2 m - From: 85.8 m - To: 87.8 m - Intercept Depth: 85.8 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: GADD-2025-23:85.8-87.8 - Mining Method: open\_pit #### Location - Location: DOH - Loc. Source: document #### QA/QC - Laboratory: ALS Spain - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: cadmium, uranium, arsenic, zinc, lead #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-06-03T00:00:00.000Z #### Dates - Event date: 2026-10-04T00:00:00.000Z Reasoning: Historical phosphate sub-interval with high grade, but reported width is exaggerated due to vertical drilling and cut-off grade is undisclosed. - Positive factor: High phosphate grade - Negative factor: Historical data - Negative factor: Reported width is exaggerated due to vertical drilling - Negative factor: Cut-off grade undisclosed Evidence · text > incl 2m @ 25.7% P2O5 from 85.8m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "PhosCo Ltd \| Suite 2, Level 11, 385 Bourke Street, Melbourne, VIC, 3000 \| ABN 82 139 255 771 T: +61 3 9692 7222 \| E: inf" #### 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 intercept is explicitly stated as previously reported on June 3, 2026. Evidence · text > Previous reported intercepts for nine holes at DOH \(refer ASX Announcement 3 June 2026\) **Apparent Width Only** — Rejected; excluded from scoring Polarity: negative Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. Reason: The document states that drill holes are vertical and mineralisation dips, meaning reported intercept widths will be exaggerated. Evidence · text > Drill holes are vertical, therefore reported intercept widths will be exaggerated. **Cut-off Undisclosed** — Rejected; excluded from scoring Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Reason: The document does not disclose the cut-off grade used for compositing this interval. Evidence · text > incl 2m @ 25.7% P2O5 from 85.8m ### GADD-2025-25 [Link to this fact](https://atlas-staging.minestarters.com/news/pho-doh-and-sekarna-drilling-hits-more-mineralisation--f5d70493-2c6d-49a9-8508-8c19fc4b0c4b#fact-drill-facts-16) Gasaat Phosphate · phosphate Historical result Needs review: historical\_restatement #### Identity - Hole ID: GADD-2025-25 - Project: Gasaat Phosphate - Commodity: phosphate - Region: tunisia - Reported Region: tunisia - Ticker: PHO #### Geometry - Grade: 19.9 - Grade Unit: % - Intercept: 15 m - From: 25 m - To: 40 m - Intercept Depth: 25 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: GADD-2025-25:25-40 - Mining Method: open\_pit #### Location - Location: DOH - Loc. Source: document #### QA/QC - Laboratory: ALS Spain - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: cadmium, uranium, arsenic, zinc, lead #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-06-03T00:00:00.000Z #### Dates - Event date: 2026-10-04T00:00:00.000Z Reasoning: Historical phosphate intercept with good grade, but reported width is exaggerated due to vertical drilling and cut-off grade is undisclosed. - Positive factor: High phosphate grade - Positive factor: Good intercept width - Negative factor: Historical data - Negative factor: Reported width is exaggerated due to vertical drilling - Negative factor: Cut-off grade undisclosed Evidence · text > GADD-2025-25 15m @ 19.9% P2O5 from 25m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "PhosCo Ltd \| Suite 2, Level 11, 385 Bourke Street, Melbourne, VIC, 3000 \| ABN 82 139 255 771 T: +61 3 9692 7222 \| E: inf" #### 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 intercept is explicitly stated as previously reported on June 3, 2026. Evidence · text > Previous reported intercepts for nine holes at DOH \(refer ASX Announcement 3 June 2026\) **Apparent Width Only** — Rejected; excluded from scoring Polarity: negative Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. Reason: The document states that drill holes are vertical and mineralisation dips, meaning reported intercept widths will be exaggerated. Evidence · text > Drill holes are vertical, therefore reported intercept widths will be exaggerated. **Cut-off Undisclosed** — Rejected; excluded from scoring Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Reason: The document does not disclose the cut-off grade used for compositing this interval. Evidence · text > GADD-2025-25 15m @ 19.9% P2O5 from 25m ### GADD-2025-25 [Link to this fact](https://atlas-staging.minestarters.com/news/pho-doh-and-sekarna-drilling-hits-more-mineralisation--f5d70493-2c6d-49a9-8508-8c19fc4b0c4b#fact-drill-facts-17) Gasaat Phosphate · phosphate Historical result Needs review: historical\_restatement #### Identity - Hole ID: GADD-2025-25 - Project: Gasaat Phosphate - Commodity: phosphate - Region: tunisia - Reported Region: tunisia - Ticker: PHO #### Geometry - Grade: 24.3 - Grade Unit: % - Intercept: 2.7 m - From: 27 m - To: 29.7 m - Intercept Depth: 27 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: GADD-2025-25:27-29.7 - Mining Method: open\_pit #### Location - Location: DOH - Loc. Source: document #### QA/QC - Laboratory: ALS Spain - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: cadmium, uranium, arsenic, zinc, lead #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-06-03T00:00:00.000Z #### Dates - Event date: 2026-10-04T00:00:00.000Z Reasoning: Historical phosphate sub-interval with high grade, but reported width is exaggerated due to vertical drilling and cut-off grade is undisclosed. - Positive factor: High phosphate grade - Negative factor: Historical data - Negative factor: Reported width is exaggerated due to vertical drilling - Negative factor: Cut-off grade undisclosed Evidence · text > incl 2.7m @ 24.3% P2O5 from 27m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "PhosCo Ltd \| Suite 2, Level 11, 385 Bourke Street, Melbourne, VIC, 3000 \| ABN 82 139 255 771 T: +61 3 9692 7222 \| E: inf" #### 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 intercept is explicitly stated as previously reported on June 3, 2026. Evidence · text > Previous reported intercepts for nine holes at DOH \(refer ASX Announcement 3 June 2026\) **Apparent Width Only** — Rejected; excluded from scoring Polarity: negative Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. Reason: The document states that drill holes are vertical and mineralisation dips, meaning reported intercept widths will be exaggerated. Evidence · text > Drill holes are vertical, therefore reported intercept widths will be exaggerated. **Cut-off Undisclosed** — Rejected; excluded from scoring Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Reason: The document does not disclose the cut-off grade used for compositing this interval. Evidence · text > incl 2.7m @ 24.3% P2O5 from 27m ### GADD-2025-25 [Link to this fact](https://atlas-staging.minestarters.com/news/pho-doh-and-sekarna-drilling-hits-more-mineralisation--f5d70493-2c6d-49a9-8508-8c19fc4b0c4b#fact-drill-facts-18) Gasaat Phosphate · phosphate Historical result Needs review: historical\_restatement #### Identity - Hole ID: GADD-2025-25 - Project: Gasaat Phosphate - Commodity: phosphate - Region: tunisia - Reported Region: tunisia - Ticker: PHO #### Geometry - Grade: 24.3 - Grade Unit: % - Intercept: 4.4 m - From: 32.7 m - To: 37.1 m - Intercept Depth: 32.7 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: GADD-2025-25:32.7-37.1 - Mining Method: open\_pit #### Location - Location: DOH - Loc. Source: document #### QA/QC - Laboratory: ALS Spain - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: cadmium, uranium, arsenic, zinc, lead #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-06-03T00:00:00.000Z #### Dates - Event date: 2026-10-04T00:00:00.000Z Reasoning: Historical phosphate sub-interval with high grade, but reported width is exaggerated due to vertical drilling and cut-off grade is undisclosed. - Positive factor: High phosphate grade - Negative factor: Historical data - Negative factor: Reported width is exaggerated due to vertical drilling - Negative factor: Cut-off grade undisclosed Evidence · text > incl 4.4m @ 24.3% P2O5 from 32.7m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "PhosCo Ltd \| Suite 2, Level 11, 385 Bourke Street, Melbourne, VIC, 3000 \| ABN 82 139 255 771 T: +61 3 9692 7222 \| E: inf" #### 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 intercept is explicitly stated as previously reported on June 3, 2026. Evidence · text > Previous reported intercepts for nine holes at DOH \(refer ASX Announcement 3 June 2026\) **Apparent Width Only** — Rejected; excluded from scoring Polarity: negative Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. Reason: The document states that drill holes are vertical and mineralisation dips, meaning reported intercept widths will be exaggerated. Evidence · text > Drill holes are vertical, therefore reported intercept widths will be exaggerated. **Cut-off Undisclosed** — Rejected; excluded from scoring Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Reason: The document does not disclose the cut-off grade used for compositing this interval. Evidence · text > incl 4.4m @ 24.3% P2O5 from 32.7m ### GADD-2025-26 [Link to this fact](https://atlas-staging.minestarters.com/news/pho-doh-and-sekarna-drilling-hits-more-mineralisation--f5d70493-2c6d-49a9-8508-8c19fc4b0c4b#fact-drill-facts-19) Gasaat Phosphate · phosphate Historical result Needs review: historical\_restatement #### Identity - Hole ID: GADD-2025-26 - Project: Gasaat Phosphate - Commodity: phosphate - Region: tunisia - Reported Region: tunisia - Ticker: PHO #### Geometry - Grade: 20.2 - Grade Unit: % - Intercept: 14.5 m - From: 57.7 m - To: 72.2 m - Intercept Depth: 57.7 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: GADD-2025-26:57.7-72.2 - Mining Method: open\_pit #### Location - Location: DOH - Loc. Source: document #### QA/QC - Laboratory: ALS Spain - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: cadmium, uranium, arsenic, zinc, lead #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-06-03T00:00:00.000Z #### Dates - Event date: 2026-10-04T00:00:00.000Z Reasoning: Historical phosphate intercept with good grade, but reported width is exaggerated due to vertical drilling and cut-off grade is undisclosed. - Positive factor: High phosphate grade - Positive factor: Good intercept width - Negative factor: Historical data - Negative factor: Reported width is exaggerated due to vertical drilling - Negative factor: Cut-off grade undisclosed Evidence · text > GADD-2025-26 14.5m @ 20.2% P2O5 from 57.7m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "PhosCo Ltd \| Suite 2, Level 11, 385 Bourke Street, Melbourne, VIC, 3000 \| ABN 82 139 255 771 T: +61 3 9692 7222 \| E: inf" #### 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 intercept is explicitly stated as previously reported on June 3, 2026. Evidence · text > Previous reported intercepts for nine holes at DOH \(refer ASX Announcement 3 June 2026\) **Apparent Width Only** — Rejected; excluded from scoring Polarity: negative Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. Reason: The document states that drill holes are vertical and mineralisation dips, meaning reported intercept widths will be exaggerated. Evidence · text > Drill holes are vertical, therefore reported intercept widths will be exaggerated. **Cut-off Undisclosed** — Rejected; excluded from scoring Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Reason: The document does not disclose the cut-off grade used for compositing this interval. Evidence · text > GADD-2025-26 14.5m @ 20.2% P2O5 from 57.7m ### GADD-2025-26 [Link to this fact](https://atlas-staging.minestarters.com/news/pho-doh-and-sekarna-drilling-hits-more-mineralisation--f5d70493-2c6d-49a9-8508-8c19fc4b0c4b#fact-drill-facts-20) Gasaat Phosphate · phosphate Historical result Needs review: historical\_restatement #### Identity - Hole ID: GADD-2025-26 - Project: Gasaat Phosphate - Commodity: phosphate - Region: tunisia - Reported Region: tunisia - Ticker: PHO #### Geometry - Grade: 24.3 - Grade Unit: % - Intercept: 2 m - From: 60.9 m - To: 62.9 m - Intercept Depth: 60.9 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: GADD-2025-26:60.9-62.9 - Mining Method: open\_pit #### Location - Location: DOH - Loc. Source: document #### QA/QC - Laboratory: ALS Spain - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: cadmium, uranium, arsenic, zinc, lead #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-06-03T00:00:00.000Z #### Dates - Event date: 2026-10-04T00:00:00.000Z Reasoning: Historical phosphate sub-interval with high grade, but reported width is exaggerated due to vertical drilling and cut-off grade is undisclosed. - Positive factor: High phosphate grade - Negative factor: Historical data - Negative factor: Reported width is exaggerated due to vertical drilling - Negative factor: Cut-off grade undisclosed Evidence · text > incl 2m @ 24.3% P2O5 from 60.9m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "PhosCo Ltd \| Suite 2, Level 11, 385 Bourke Street, Melbourne, VIC, 3000 \| ABN 82 139 255 771 T: +61 3 9692 7222 \| E: inf" #### 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 intercept is explicitly stated as previously reported on June 3, 2026. Evidence · text > Previous reported intercepts for nine holes at DOH \(refer ASX Announcement 3 June 2026\) **Apparent Width Only** — Rejected; excluded from scoring Polarity: negative Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. Reason: The document states that drill holes are vertical and mineralisation dips, meaning reported intercept widths will be exaggerated. Evidence · text > Drill holes are vertical, therefore reported intercept widths will be exaggerated. **Cut-off Undisclosed** — Rejected; excluded from scoring Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Reason: The document does not disclose the cut-off grade used for compositing this interval. Evidence · text > incl 2m @ 24.3% P2O5 from 60.9m ### GADD-2025-26 [Link to this fact](https://atlas-staging.minestarters.com/news/pho-doh-and-sekarna-drilling-hits-more-mineralisation--f5d70493-2c6d-49a9-8508-8c19fc4b0c4b#fact-drill-facts-21) Gasaat Phosphate · phosphate Historical result Needs review: historical\_restatement #### Identity - Hole ID: GADD-2025-26 - Project: Gasaat Phosphate - Commodity: phosphate - Region: tunisia - Reported Region: tunisia - Ticker: PHO #### Geometry - Grade: 24.4 - Grade Unit: % - Intercept: 4.1 m - From: 65.9 m - To: 70 m - Intercept Depth: 65.9 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: GADD-2025-26:65.9-70 - Mining Method: open\_pit #### Location - Location: DOH - Loc. Source: document #### QA/QC - Laboratory: ALS Spain - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: cadmium, uranium, arsenic, zinc, lead #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-06-03T00:00:00.000Z #### Dates - Event date: 2026-10-04T00:00:00.000Z Reasoning: Historical phosphate sub-interval with high grade, but reported width is exaggerated due to vertical drilling and cut-off grade is undisclosed. - Positive factor: High phosphate grade - Negative factor: Historical data - Negative factor: Reported width is exaggerated due to vertical drilling - Negative factor: Cut-off grade undisclosed Evidence · text > incl 4.1m @ 24.4% P2O5 from 65.9m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "PhosCo Ltd \| Suite 2, Level 11, 385 Bourke Street, Melbourne, VIC, 3000 \| ABN 82 139 255 771 T: +61 3 9692 7222 \| E: inf" #### 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 intercept is explicitly stated as previously reported on June 3, 2026. Evidence · text > Previous reported intercepts for nine holes at DOH \(refer ASX Announcement 3 June 2026\) **Apparent Width Only** — Rejected; excluded from scoring Polarity: negative Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. Reason: The document states that drill holes are vertical and mineralisation dips, meaning reported intercept widths will be exaggerated. Evidence · text > Drill holes are vertical, therefore reported intercept widths will be exaggerated. **Cut-off Undisclosed** — Rejected; excluded from scoring Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Reason: The document does not disclose the cut-off grade used for compositing this interval. Evidence · text > incl 4.1m @ 24.4% P2O5 from 65.9m ### GADD-2025-27 [Link to this fact](https://atlas-staging.minestarters.com/news/pho-doh-and-sekarna-drilling-hits-more-mineralisation--f5d70493-2c6d-49a9-8508-8c19fc4b0c4b#fact-drill-facts-22) Gasaat Phosphate · phosphate Historical result Needs review: historical\_restatement #### Identity - Hole ID: GADD-2025-27 - Project: Gasaat Phosphate - Commodity: phosphate - Region: tunisia - Reported Region: tunisia - Ticker: PHO #### Geometry - Grade: 19.5 - Grade Unit: % - Intercept: 6.4 m - From: 56 m - To: 62.4 m - Intercept Depth: 56 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: GADD-2025-27:56-62.4 - Mining Method: open\_pit #### Location - Location: DOH - Loc. Source: document #### QA/QC - Laboratory: ALS Spain - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: cadmium, uranium, arsenic, zinc, lead #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-06-03T00:00:00.000Z #### Dates - Event date: 2026-10-04T00:00:00.000Z Reasoning: Historical phosphate intercept with good grade, but reported width is exaggerated due to vertical drilling and cut-off grade is undisclosed. - Positive factor: High phosphate grade - Positive factor: Good intercept width - Negative factor: Historical data - Negative factor: Reported width is exaggerated due to vertical drilling - Negative factor: Cut-off grade undisclosed Evidence · text > GADD-2025-27 6.4m @ 19.5% P2O5 from 56m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "PhosCo Ltd \| Suite 2, Level 11, 385 Bourke Street, Melbourne, VIC, 3000 \| ABN 82 139 255 771 T: +61 3 9692 7222 \| E: inf" #### 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 intercept is explicitly stated as previously reported on June 3, 2026. Evidence · text > Previous reported intercepts for nine holes at DOH \(refer ASX Announcement 3 June 2026\) **Apparent Width Only** — Rejected; excluded from scoring Polarity: negative Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. Reason: The document states that drill holes are vertical and mineralisation dips, meaning reported intercept widths will be exaggerated. Evidence · text > Drill holes are vertical, therefore reported intercept widths will be exaggerated. **Cut-off Undisclosed** — Rejected; excluded from scoring Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Reason: The document does not disclose the cut-off grade used for compositing this interval. Evidence · text > GADD-2025-27 6.4m @ 19.5% P2O5 from 56m ### GADD-2025-27 [Link to this fact](https://atlas-staging.minestarters.com/news/pho-doh-and-sekarna-drilling-hits-more-mineralisation--f5d70493-2c6d-49a9-8508-8c19fc4b0c4b#fact-drill-facts-23) Gasaat Phosphate · phosphate Historical result Needs review: historical\_restatement #### Identity - Hole ID: GADD-2025-27 - Project: Gasaat Phosphate - Commodity: phosphate - Region: tunisia - Reported Region: tunisia - Ticker: PHO #### Geometry - Grade: 23.4 - Grade Unit: % - Intercept: 2.5 m - From: 57 m - To: 59.5 m - Intercept Depth: 57 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: GADD-2025-27:57-59.5 - Mining Method: open\_pit #### Location - Location: DOH - Loc. Source: document #### QA/QC - Laboratory: ALS Spain - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: cadmium, uranium, arsenic, zinc, lead #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-06-03T00:00:00.000Z #### Dates - Event date: 2026-10-04T00:00:00.000Z Reasoning: Historical phosphate sub-interval with high grade, but reported width is exaggerated due to vertical drilling and cut-off grade is undisclosed. - Positive factor: High phosphate grade - Negative factor: Historical data - Negative factor: Reported width is exaggerated due to vertical drilling - Negative factor: Cut-off grade undisclosed Evidence · text > incl 2.5m @ 23.4% P2O5 from 57m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "PhosCo Ltd \| Suite 2, Level 11, 385 Bourke Street, Melbourne, VIC, 3000 \| ABN 82 139 255 771 T: +61 3 9692 7222 \| E: inf" #### 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 intercept is explicitly stated as previously reported on June 3, 2026. Evidence · text > Previous reported intercepts for nine holes at DOH \(refer ASX Announcement 3 June 2026\) **Apparent Width Only** — Rejected; excluded from scoring Polarity: negative Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. Reason: The document states that drill holes are vertical and mineralisation dips, meaning reported intercept widths will be exaggerated. Evidence · text > Drill holes are vertical, therefore reported intercept widths will be exaggerated. **Cut-off Undisclosed** — Rejected; excluded from scoring Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Reason: The document does not disclose the cut-off grade used for compositing this interval. Evidence · text > incl 2.5m @ 23.4% P2O5 from 57m ### CHDD-65 [Link to this fact](https://atlas-staging.minestarters.com/news/pho-doh-and-sekarna-drilling-hits-more-mineralisation--f5d70493-2c6d-49a9-8508-8c19fc4b0c4b#fact-drill-facts-24) Gasaat Phosphate · phosphate Historical result Needs review: historical\_restatement #### Identity - Hole ID: CHDD-65 - Project: Gasaat Phosphate - Commodity: phosphate - Region: tunisia - Reported Region: tunisia - Ticker: PHO #### Geometry - Grade: 16.7 - Grade Unit: % - Intercept: 6.9 m - From: 45 m - To: 51.9 m - Intercept Depth: 45 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: CHDD-65:45-51.9 - Mining Method: open\_pit #### Location - Location: DOH - Loc. Source: document #### QA/QC - Laboratory: ALS Spain - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: cadmium, uranium, arsenic, zinc, lead #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-06-03T00:00:00.000Z #### Dates - Event date: 2026-10-04T00:00:00.000Z Reasoning: Historical phosphate intercept with good grade, but reported width is exaggerated due to vertical drilling and cut-off grade is undisclosed. - Positive factor: Good phosphate grade - Positive factor: Good intercept width - Negative factor: Historical data - Negative factor: Reported width is exaggerated due to vertical drilling - Negative factor: Cut-off grade undisclosed Evidence · text > CHDD-65 6.9m @ 16.7% P2O5 from 45m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "PhosCo Ltd \| Suite 2, Level 11, 385 Bourke Street, Melbourne, VIC, 3000 \| ABN 82 139 255 771 T: +61 3 9692 7222 \| E: inf" #### 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 intercept is explicitly stated as previously reported on June 3, 2026. Evidence · text > Previous reported intercepts for nine holes at DOH \(refer ASX Announcement 3 June 2026\) **Apparent Width Only** — Rejected; excluded from scoring Polarity: negative Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. Reason: The document states that drill holes are vertical and mineralisation dips, meaning reported intercept widths will be exaggerated. Evidence · text > Drill holes are vertical, therefore reported intercept widths will be exaggerated. **Cut-off Undisclosed** — Rejected; excluded from scoring Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Reason: The document does not disclose the cut-off grade used for compositing this interval. Evidence · text > CHDD-65 6.9m @ 16.7% P2O5 from 45m ### CHDD-66 [Link to this fact](https://atlas-staging.minestarters.com/news/pho-doh-and-sekarna-drilling-hits-more-mineralisation--f5d70493-2c6d-49a9-8508-8c19fc4b0c4b#fact-drill-facts-25) Gasaat Phosphate · phosphate Historical result Needs review: historical\_restatement #### Identity - Hole ID: CHDD-66 - Project: Gasaat Phosphate - Commodity: phosphate - Region: tunisia - Reported Region: tunisia - Ticker: PHO #### Geometry - Grade: 18.8 - Grade Unit: % - Intercept: 13.4 m - From: 59 m - To: 72.4 m - Intercept Depth: 59 m #### Classification - Deposit Type: other - Program: mixed - Sample Type: drill - Group ID: CHDD-66:59-72.4 - Mining Method: open\_pit #### Location - Location: DOH - Loc. Source: document #### QA/QC - Laboratory: ALS Spain - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: cadmium, uranium, arsenic, zinc, lead #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-06-03T00:00:00.000Z #### Dates - Event date: 2026-10-04T00:00:00.000Z Reasoning: Historical phosphate intercept with good grade, but reported width is exaggerated due to vertical drilling and cut-off grade is undisclosed. - Positive factor: High phosphate grade - Positive factor: Good intercept width - Negative factor: Historical data - Negative factor: Reported width is exaggerated due to vertical drilling - Negative factor: Cut-off grade undisclosed Evidence · text > CHDD-66 13.4m @ 18.8% P2O5 from 59m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "PhosCo Ltd \| Suite 2, Level 11, 385 Bourke Street, Melbourne, VIC, 3000 \| ABN 82 139 255 771 T: +61 3 9692 7222 \| E: inf" #### 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 intercept is explicitly stated as previously reported on June 3, 2026. Evidence · text > Previous reported intercepts for nine holes at DOH \(refer ASX Announcement 3 June 2026\) **Apparent Width Only** — Rejected; excluded from scoring Polarity: negative Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. Reason: The document states that drill holes are vertical and mineralisation dips, meaning reported intercept widths will be exaggerated. Evidence · text > Drill holes are vertical, therefore reported intercept widths will be exaggerated. **Cut-off Undisclosed** — Rejected; excluded from scoring Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Reason: The document does not disclose the cut-off grade used for compositing this interval. Evidence · text > CHDD-66 13.4m @ 18.8% P2O5 from 59m ## 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.