# PRX: Prodigy Completes Study with CSIRO on Hyperion Gold Deposit Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/prx-prodigy-completes-study-with-csiro-on-hyperion-gold-deposit--3a578079-0d7d-49f1-8beb-02dbc7081c58 Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03142028 Publisher: asx Original announcement: 2026-09-21T23:16:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-09-22T00:33:06.495Z Atlas analysis updated: 2026-09-22T00:33:06.495Z - Company: Prodigy Gold NL - Ticker: PRX - Exchange: ASX - Region: Northern Territory - Primary commodity: Gold - Secondary commodities: Cobalt, Nickel, Copper, Antimony - Document categories: Resource update, Other, Drill results - Extracted: 2026-09-22 00:33:07 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Prodigy Gold has completed a collaborative research program with CSIRO at the Hyperion Gold Deposit. The study identified two distinct stages of gold mineralisation and refined the structural model, providing improved targeting criteria for future exploration and potential underground mining. Reasoning: The study provides significant geological de-risking and improved targeting criteria for the Hyperion deposit, though it does not report new assay results or resource tonnage. - Positive factor: Improved geological understanding of gold distribution - Positive factor: Identification of two distinct mineralisation stages - Positive factor: Refined structural model providing new exploration vectors - Positive factor: Reinforcement of orogenic gold model Facts used in scoring: 3 ## Classification and evidence **Infill Drilling** Polarity: neutral Story-specific tag Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: The study involved reviewing and sampling diamond core from the 2025 field campaign to improve understanding. Evidence · text > review, log and sample the diamond core drilled as part of Prodigy Gold’s 2025 field campaign ## Extracted facts Stored fact records: 3. Some facts used in scoring do not have a stored record. ## Drill Results (1) ### HYRC24004 [Link to this fact](https://atlas-staging.minestarters.com/news/prx-prodigy-completes-study-with-csiro-on-hyperion-gold-deposit--3a578079-0d7d-49f1-8beb-02dbc7081c58#fact-drill-facts-0) Hyperion · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: HYRC24004 - Project: Hyperion - Commodity: gold - Region: australia\_nt - Reported Region: australia\_nt - Ticker: PRX #### Geometry - Grade: 15.9 - Grade Unit: g/t - Intercept: 10 m #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2024-10-22T00:00:00.000Z #### Dates - Event date: 2026-09-21T00:00:00.000Z Reasoning: Historical high-grade intercept mentioned as context for deposit potential. - Positive factor: High grade intercept Evidence · text > 10m @ 15.9g/t Au #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ## Resource Estimates (2) ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/prx-prodigy-completes-study-with-csiro-on-hyperion-gold-deposit--3a578079-0d7d-49f1-8beb-02dbc7081c58#fact-resource-facts-1) Hyperion · gold #### Identity - Project: Hyperion - Commodity: gold - Region: australia\_nt - Reported Region: Northern Territory - Ticker: PRX #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Shaun Searle, Mark Edwards - Resource group id: resource:31d0dc86b98184341f6c - Deposit or zone: Hyperion - Mining method: combined - Ownership percent: 100 % - Resource basis: attributable #### Resource Data - Category: indicated - Tonnes: 2120000 - Grade: 1.3 - Grade Unit: g/t - Contained Metal: 212 - Contained Unit: koz - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2026-03-16 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-21T00:00:00.000Z Reasoning: Part of the existing Indicated resource for Hyperion. - Positive factor: Established resource Evidence · table > 1.3 Context: 212 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/prx-prodigy-completes-study-with-csiro-on-hyperion-gold-deposit--3a578079-0d7d-49f1-8beb-02dbc7081c58#fact-resource-facts-2) Hyperion · gold #### Identity - Project: Hyperion - Commodity: gold - Region: australia\_nt - Reported Region: Northern Territory - Ticker: PRX #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Shaun Searle, Mark Edwards - Resource group id: resource:aa92844715486da7b3bb - Deposit or zone: Hyperion - Mining method: combined - Ownership percent: 100 % - Resource basis: attributable #### Resource Data - Category: inferred - Tonnes: 2420000 - Grade: 1.4 - Grade Unit: g/t - Contained Metal: 242 - Contained Unit: koz - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2026-03-16 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-21T00:00:00.000Z Reasoning: Part of the existing Inferred resource for Hyperion. - Positive factor: Established resource Evidence · table > 1.4 Context: 242 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ## 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.