Quarterly Activities/Appendix 5B Cash Flow Report 16 pages 1.5MB

Original announcement by asx on

Company
Exultant Mining Limited
Ticker
10X
Exchange
ASX
Region
New South Wales
Primary commodity
Gold
Secondary commodities
Silver, Copper, Zinc, Lead
Document categories
Drill results, Other
Extracted
2026-10-01 00:48:39 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Exultant Mining Limited commenced its maiden 12-hole RC drilling program at the Balerion Prospect (Peak View Project) in NSW, with initial diamond drilling intersecting visual chalcopyrite, sphalerite, and galena mineralisation, confirming the geological model ahead of assay results. Additionally, post-quarter end, re-sampling of historical drill core at the Tuglow Copper Mines (Black Hammer Project) revealed previously unsampled gold and silver anomalism, alongside narrow base metal intervals, suggesting a broader mineralised system. The company also expanded its Black Hammer landholding with the grant of the Swatchfield licence.

Reasoning: Exultant Mining commenced maiden drilling at the Balerion Prospect with encouraging visual sulphide observations, and re-assayed historical core at Tuglow revealing previously unrecognized gold and silver anomalism, indicating exploration progress, though new assay results are pending for the current program.

Positive factors

  • Maiden drilling commenced at a new prospect, Balerion.
  • Visual sulphide mineralisation (chalcopyrite, sphalerite, galena) observed in new drill holes BLRCDD001 and BLRCDD002, supporting the geological model.
  • Re-assay of previously unsampled historical core at Tuglow revealed gold and silver anomalism, suggesting a broader mineralised system.
  • Expansion of the Black Hammer landholding with the grant of the Swatchfield licence.

Negative factors

  • New drill results from Balerion are currently visual observations only; laboratory assays are pending.
  • The reported gold and silver anomalism from Tuglow is from historical core re-assays, not new drilling, and grades are low.

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

Facts used in scoring: 19

Classification and evidence

QA/QC Disclosedpositive

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

Why it applies: The announcement states that the information is compiled and reviewed by Sebastian Hind, a Member of the Australasian Institute of Mining and Metallurgy (AusIMM) and a Competent Person as defined by JORC Code 2012.

Evidence · text

“The information in this announcement that relates to Exploration Results is based on, and fairly represents, information compiled and reviewed by Sebastian Hind. Mr Hind is a senior geologist for Exultant Mining Limited and a Member of the Australasian Institute of Mining and Metallurgy (Membership number 3116971). Mr Hind has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code).”

Stale Data Re-releasenegative

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

Why it applies: The intercepts PVI006 and PVI008 are explicitly referenced as being from a prior ASX announcement dated 7th May 2026, indicating they are not new results from this report.

Evidence · text

“1 - See ASX 10X announcement "Drilling Approval Received & High Priority Targets Finalised" - 7th May 2026”

Historical Estimate Onlynegative · Story-specific tag

Estimate pre-dates or does not comply with current JORC/NI 43-101 standards — requires verification drilling.

Why it applies: The gold and silver anomalism and base metal intervals from TDDH1 and TDDH2 are from previously unsampled historical drill core from 1974, not new drilling.

Evidence · text

“Subsequent to quarter end, Exultant received assay results from previously unsampled intervals of historic diamond drill core from the Tuglow Copper Mines within EL9826 at the Black Hammer Project. Sampling of 1974 Le Nickel drill core stored at the WB Clarke Geoscience Centre returned broad, low-grade gold and silver anomalism in TDDH1”

Maiden Drillingpositive · Story-specific tag

No canonical definition is currently available.

Why it applies: The document explicitly states that 'maiden drilling commenced at Balerion, marking the first systematic drill test of targets generated from Exultant’s modern integrated exploration programs'.

Evidence · text

“Maiden drilling commenced at Balerion, marking the first systematic drill test of targets generated from Exultant’s modern integrated exploration programs”

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: All reported drill intercepts are given as downhole lengths without any mention of true width or drill orientation relative to mineralisation.

Evidence · text

“4.4m @ 342.7g/t Ag, 4% Pb, 1.1% Cu, 0.74g/t Au & 0.84% Zn from 48.7m”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The planned drilling program at Balerion is designed to 'sharpen the remaining five holes onto the down-dip extensions of the historic high-grade intercepts'.

Evidence · text

“sharpen the remaining five holes onto the down-dip extensions of the historic high-grade intercepts”

Extracted facts

Stored fact records: 19. Some facts used in scoring do not have a stored record.

Drill Results (19)

PVI006Peak View · silverGrade: 342.7Grade Unit: g/tIntercept: 4.4 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PVI006
Project
Peak View
Commodity
silver
Region
australia_nsw
Reported Region
australia_nsw
Ticker
10X

Geometry

Grade
342.7
Grade Unit
g/t
Intercept
4.4 m
From
48.7 m
To
53.1 m
Intercept Depth
48.7 m

Classification

Deposit Type
vms
Program
exploration
Sample Type
drill
Group ID
PVI006:48.7-53.1
Mining Method
underground

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-05-07T00:00:00.000Z

Dates

Event date
2026-07-28T00:00:00.000Z

Reasoning: This historical intercept shows a high silver grade over a good width, indicative of significant mineralisation in a VMS setting, though it is not a new result.

Positive factors

  • High silver grade for a VMS deposit.
  • Significant intercept length.

Negative factors

  • Result is historical, not new.

Evidence · text

“PVI006 (4.4m @ 342.7g/t Ag, 4% Pb, 1.1% Cu, 0.74g/t Au & 0.84% Zn from 48.7m)”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

PVI006Peak View · leadGrade: 4Grade Unit: %Intercept: 4.4 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PVI006
Project
Peak View
Commodity
lead
Region
australia_nsw
Reported Region
australia_nsw
Ticker
10X

Geometry

Grade
4
Grade Unit
%
Intercept
4.4 m
From
48.7 m
To
53.1 m
Intercept Depth
48.7 m

Classification

Deposit Type
vms
Program
exploration
Sample Type
drill
Group ID
PVI006:48.7-53.1
Mining Method
underground

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-05-07T00:00:00.000Z

Dates

Event date
2026-07-28T00:00:00.000Z

Reasoning: This historical intercept shows a high lead grade over a good width, indicative of significant mineralisation in a VMS setting, though it is not a new result.

Positive factors

  • High lead grade for a VMS deposit.
  • Significant intercept length.

Negative factors

  • Result is historical, not new.

Evidence · text

“PVI006 (4.4m @ 342.7g/t Ag, 4% Pb, 1.1% Cu, 0.74g/t Au & 0.84% Zn from 48.7m)”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

PVI006Peak View · copperGrade: 1.1Grade Unit: %Intercept: 4.4 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PVI006
Project
Peak View
Commodity
copper
Region
australia_nsw
Reported Region
australia_nsw
Ticker
10X

Geometry

Grade
1.1
Grade Unit
%
Intercept
4.4 m
From
48.7 m
To
53.1 m
Intercept Depth
48.7 m

Classification

Deposit Type
vms
Program
exploration
Sample Type
drill
Group ID
PVI006:48.7-53.1
Mining Method
underground

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-05-07T00:00:00.000Z

Dates

Event date
2026-07-28T00:00:00.000Z

Reasoning: This historical intercept shows a high copper grade over a good width, indicative of significant mineralisation in a VMS setting, though it is not a new result.

Positive factors

  • High copper grade for a VMS deposit.
  • Significant intercept length.

Negative factors

  • Result is historical, not new.

Evidence · text

“PVI006 (4.4m @ 342.7g/t Ag, 4% Pb, 1.1% Cu, 0.74g/t Au & 0.84% Zn from 48.7m)”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

PVI006Peak View · goldGrade: 0.74Grade Unit: g/tIntercept: 4.4 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PVI006
Project
Peak View
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
10X

Geometry

Grade
0.74
Grade Unit
g/t
Intercept
4.4 m
From
48.7 m
To
53.1 m
Intercept Depth
48.7 m

Classification

Deposit Type
vms
Program
exploration
Sample Type
drill
Group ID
PVI006:48.7-53.1
Mining Method
underground

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-05-07T00:00:00.000Z

Dates

Event date
2026-07-28T00:00:00.000Z

Reasoning: This historical intercept shows a good gold grade over a good width, indicative of significant mineralisation in a VMS setting, though it is not a new result.

Positive factors

  • Good gold grade for a VMS deposit.
  • Significant intercept length.

Negative factors

  • Result is historical, not new.

Evidence · text

“PVI006 (4.4m @ 342.7g/t Ag, 4% Pb, 1.1% Cu, 0.74g/t Au & 0.84% Zn from 48.7m)”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

PVI006Peak View · zincGrade: 0.84Grade Unit: %Intercept: 4.4 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PVI006
Project
Peak View
Commodity
zinc
Region
australia_nsw
Reported Region
australia_nsw
Ticker
10X

Geometry

Grade
0.84
Grade Unit
%
Intercept
4.4 m
From
48.7 m
To
53.1 m
Intercept Depth
48.7 m

Classification

Deposit Type
vms
Program
exploration
Sample Type
drill
Group ID
PVI006:48.7-53.1
Mining Method
underground

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-05-07T00:00:00.000Z

Dates

Event date
2026-07-28T00:00:00.000Z

Reasoning: This historical intercept shows a good zinc grade over a good width, indicative of significant mineralisation in a VMS setting, though it is not a new result.

Positive factors

  • Good zinc grade for a VMS deposit.
  • Significant intercept length.

Negative factors

  • Result is historical, not new.

Evidence · text

“PVI006 (4.4m @ 342.7g/t Ag, 4% Pb, 1.1% Cu, 0.74g/t Au & 0.84% Zn from 48.7m)”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

PVI008Peak View · zincGrade: 22Grade Unit: %Intercept: 0.8 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PVI008
Project
Peak View
Commodity
zinc
Region
australia_nsw
Reported Region
australia_nsw
Ticker
10X

Geometry

Grade
22
Grade Unit
%
Intercept
0.8 m
From
152.6 m
To
153.4 m
Intercept Depth
152.6 m

Classification

Deposit Type
vms
Program
exploration
Sample Type
drill
Group ID
PVI008:152.6-153.4
Mining Method
underground

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-05-07T00:00:00.000Z

Dates

Event date
2026-07-28T00:00:00.000Z

Reasoning: This historical intercept shows an exceptionally high zinc grade, indicative of very strong mineralisation in a VMS setting, though it is not a new result and is narrow.

Positive factors

  • Exceptional zinc grade for a VMS deposit.
  • High-grade intercept.

Negative factors

  • Result is historical, not new.
  • Narrow intercept length.

Evidence · text

“PVI008 (pictured: 0.8m @ 22% Zn, 11.6% Pb, 1.2% Cu, 155g/t Ag, 0.5g/t Au from 152.6m1)”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

PVI008Peak View · leadGrade: 11.6Grade Unit: %Intercept: 0.8 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PVI008
Project
Peak View
Commodity
lead
Region
australia_nsw
Reported Region
australia_nsw
Ticker
10X

Geometry

Grade
11.6
Grade Unit
%
Intercept
0.8 m
From
152.6 m
To
153.4 m
Intercept Depth
152.6 m

Classification

Deposit Type
vms
Program
exploration
Sample Type
drill
Group ID
PVI008:152.6-153.4
Mining Method
underground

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-05-07T00:00:00.000Z

Dates

Event date
2026-07-28T00:00:00.000Z

Reasoning: This historical intercept shows an exceptionally high lead grade, indicative of very strong mineralisation in a VMS setting, though it is not a new result and is narrow.

Positive factors

  • Exceptional lead grade for a VMS deposit.
  • High-grade intercept.

Negative factors

  • Result is historical, not new.
  • Narrow intercept length.

Evidence · text

“PVI008 (pictured: 0.8m @ 22% Zn, 11.6% Pb, 1.2% Cu, 155g/t Ag, 0.5g/t Au from 152.6m1)”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

PVI008Peak View · copperGrade: 1.2Grade Unit: %Intercept: 0.8 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PVI008
Project
Peak View
Commodity
copper
Region
australia_nsw
Reported Region
australia_nsw
Ticker
10X

Geometry

Grade
1.2
Grade Unit
%
Intercept
0.8 m
From
152.6 m
To
153.4 m
Intercept Depth
152.6 m

Classification

Deposit Type
vms
Program
exploration
Sample Type
drill
Group ID
PVI008:152.6-153.4
Mining Method
underground

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-05-07T00:00:00.000Z

Dates

Event date
2026-07-28T00:00:00.000Z

Reasoning: This historical intercept shows a strong copper grade, indicative of significant mineralisation in a VMS setting, though it is not a new result and is narrow.

Positive factors

  • Strong copper grade for a VMS deposit.
  • High-grade intercept.

Negative factors

  • Result is historical, not new.
  • Narrow intercept length.

Evidence · text

“PVI008 (pictured: 0.8m @ 22% Zn, 11.6% Pb, 1.2% Cu, 155g/t Ag, 0.5g/t Au from 152.6m1)”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

PVI008Peak View · silverGrade: 155Grade Unit: g/tIntercept: 0.8 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PVI008
Project
Peak View
Commodity
silver
Region
australia_nsw
Reported Region
australia_nsw
Ticker
10X

Geometry

Grade
155
Grade Unit
g/t
Intercept
0.8 m
From
152.6 m
To
153.4 m
Intercept Depth
152.6 m

Classification

Deposit Type
vms
Program
exploration
Sample Type
drill
Group ID
PVI008:152.6-153.4
Mining Method
underground

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-05-07T00:00:00.000Z

Dates

Event date
2026-07-28T00:00:00.000Z

Reasoning: This historical intercept shows a strong silver grade, indicative of significant mineralisation in a VMS setting, though it is not a new result and is narrow.

Positive factors

  • Strong silver grade for a VMS deposit.
  • High-grade intercept.

Negative factors

  • Result is historical, not new.
  • Narrow intercept length.

Evidence · text

“PVI008 (pictured: 0.8m @ 22% Zn, 11.6% Pb, 1.2% Cu, 155g/t Ag, 0.5g/t Au from 152.6m1)”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

PVI008Peak View · goldGrade: 0.5Grade Unit: g/tIntercept: 0.8 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PVI008
Project
Peak View
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
10X

Geometry

Grade
0.5
Grade Unit
g/t
Intercept
0.8 m
From
152.6 m
To
153.4 m
Intercept Depth
152.6 m

Classification

Deposit Type
vms
Program
exploration
Sample Type
drill
Group ID
PVI008:152.6-153.4
Mining Method
underground

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-05-07T00:00:00.000Z

Dates

Event date
2026-07-28T00:00:00.000Z

Reasoning: This historical intercept shows a moderate gold grade, indicative of significant mineralisation in a VMS setting, though it is not a new result and is narrow.

Positive factors

  • Moderate gold grade for a VMS deposit.
  • High-grade intercept.

Negative factors

  • Result is historical, not new.
  • Narrow intercept length.

Evidence · text

“PVI008 (pictured: 0.8m @ 22% Zn, 11.6% Pb, 1.2% Cu, 155g/t Ag, 0.5g/t Au from 152.6m1)”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

TDDH1Black Hammer · goldGrade: 0.18Grade Unit: g/tIntercept: 21.1 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
TDDH1
Project
Black Hammer
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
10X

Geometry

Grade
0.18
Grade Unit
g/t
Intercept
21.1 m
From
3.4 m
To
24.5 m
Intercept Depth
3.4 m

Classification

Program
exploration
Sample Type
drill
Group ID
TDDH1:3.4-24.5
Mining Method
unknown

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-07-21T00:00:00.000Z

Dates

Event date
2026-07-28T00:00:00.000Z

Reasoning: This re-assay of historical core reveals new gold anomalism over a broad interval, suggesting potential for a broader mineralised system, despite the low grade.

Positive factors

  • New gold anomalism identified from historical core.
  • Broad intercept length.

Negative factors

  • Low gold grade.
  • Result is from historical core re-assay, not new drilling.

Evidence · text

“21.1m @ 0.18g/t Au and 2.1g/t Ag from 3.4m”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

TDDH1Black Hammer · silverGrade: 2.1Grade Unit: g/tIntercept: 21.1 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
TDDH1
Project
Black Hammer
Commodity
silver
Region
australia_nsw
Reported Region
australia_nsw
Ticker
10X

Geometry

Grade
2.1
Grade Unit
g/t
Intercept
21.1 m
From
3.4 m
To
24.5 m
Intercept Depth
3.4 m

Classification

Program
exploration
Sample Type
drill
Group ID
TDDH1:3.4-24.5
Mining Method
unknown

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-07-21T00:00:00.000Z

Dates

Event date
2026-07-28T00:00:00.000Z

Reasoning: This re-assay of historical core reveals new silver anomalism over a broad interval, suggesting potential for a broader mineralised system, despite the low grade.

Positive factors

  • New silver anomalism identified from historical core.
  • Broad intercept length.

Negative factors

  • Low silver grade.
  • Result is from historical core re-assay, not new drilling.

Evidence · text

“21.1m @ 0.18g/t Au and 2.1g/t Ag from 3.4m”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

TDDH1Black Hammer · goldGrade: 0.26Grade Unit: g/tIntercept: 4.5 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
TDDH1
Project
Black Hammer
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
10X

Geometry

Grade
0.26
Grade Unit
g/t
Intercept
4.5 m
From
20 m
To
24.5 m
Intercept Depth
3.4 m

Classification

Program
exploration
Sample Type
drill
Group ID
TDDH1:20-24.5
Mining Method
unknown

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-07-21T00:00:00.000Z

Dates

Event date
2026-07-28T00:00:00.000Z

Reasoning: This re-assay of historical core reveals new gold anomalism over a moderate interval, suggesting potential for a broader mineralised system, despite the low grade.

Positive factors

  • New gold anomalism identified from historical core.
  • Moderate intercept length.

Negative factors

  • Low gold grade.
  • Result is from historical core re-assay, not new drilling.

Evidence · text

“4.5m @ 0.26g/t Au and 4.7g/t Ag from 20.0m”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

TDDH1Black Hammer · silverGrade: 4.7Grade Unit: g/tIntercept: 4.5 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
TDDH1
Project
Black Hammer
Commodity
silver
Region
australia_nsw
Reported Region
australia_nsw
Ticker
10X

Geometry

Grade
4.7
Grade Unit
g/t
Intercept
4.5 m
From
20 m
To
24.5 m
Intercept Depth
3.4 m

Classification

Program
exploration
Sample Type
drill
Group ID
TDDH1:20-24.5
Mining Method
unknown

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-07-21T00:00:00.000Z

Dates

Event date
2026-07-28T00:00:00.000Z

Reasoning: This re-assay of historical core reveals new silver anomalism over a moderate interval, suggesting potential for a broader mineralised system, despite the low grade.

Positive factors

  • New silver anomalism identified from historical core.
  • Moderate intercept length.

Negative factors

  • Low silver grade.
  • Result is from historical core re-assay, not new drilling.

Evidence · text

“4.5m @ 0.26g/t Au and 4.7g/t Ag from 20.0m”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

TDDH1Black Hammer · goldGrade: 0.33Grade Unit: g/tIntercept: 0.5 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
TDDH1
Project
Black Hammer
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
10X

Geometry

Grade
0.33
Grade Unit
g/t
Intercept
0.5 m
From
24 m
To
24.5 m
Intercept Depth
3.4 m

Classification

Program
exploration
Sample Type
drill
Group ID
TDDH1:24-24.5
Mining Method
unknown

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-07-21T00:00:00.000Z

Dates

Event date
2026-07-28T00:00:00.000Z

Reasoning: This re-assay of historical core reveals new gold anomalism, contributing to the understanding of the mineralised system, despite the low grade and narrow width.

Positive factors

  • New gold anomalism identified from historical core.

Negative factors

  • Low gold grade.
  • Narrow intercept length.
  • Result is from historical core re-assay, not new drilling.

Evidence · text

“0.5m @ 0.33g/t Au & 1.29% Zn from 24m”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

TDDH1Black Hammer · zincGrade: 1.29Grade Unit: %Intercept: 0.5 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
TDDH1
Project
Black Hammer
Commodity
zinc
Region
australia_nsw
Reported Region
australia_nsw
Ticker
10X

Geometry

Grade
1.29
Grade Unit
%
Intercept
0.5 m
From
24 m
To
24.5 m
Intercept Depth
3.4 m

Classification

Program
exploration
Sample Type
drill
Group ID
TDDH1:24-24.5
Mining Method
unknown

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-07-21T00:00:00.000Z

Dates

Event date
2026-07-28T00:00:00.000Z

Reasoning: This re-assay of historical core reveals new zinc anomalism, contributing to the understanding of the mineralised system, despite the low grade and narrow width.

Positive factors

  • New zinc anomalism identified from historical core.

Negative factors

  • Low zinc grade.
  • Narrow intercept length.
  • Result is from historical core re-assay, not new drilling.

Evidence · text

“0.5m @ 0.33g/t Au & 1.29% Zn from 24m”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

TDDH2Black Hammer · zincGrade: 3.05Grade Unit: %Intercept: 0.35 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
TDDH2
Project
Black Hammer
Commodity
zinc
Region
australia_nsw
Reported Region
australia_nsw
Ticker
10X

Geometry

Grade
3.05
Grade Unit
%
Intercept
0.35 m
From
45.2 m
To
45.55 m
Intercept Depth
45.2 m

Classification

Program
exploration
Sample Type
drill
Group ID
TDDH2:45.2-45.55
Mining Method
unknown

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-07-21T00:00:00.000Z

Dates

Event date
2026-07-28T00:00:00.000Z

Reasoning: This re-assay of historical core reveals new zinc mineralisation, contributing to the understanding of the mineralised system, despite the narrow width.

Positive factors

  • New zinc mineralisation identified from historical core.

Negative factors

  • Narrow intercept length.
  • Result is from historical core re-assay, not new drilling.

Evidence · text

“0.35m @ 3.05% Zn & 0.14% Pb from 45.2m”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

TDDH2Black Hammer · leadGrade: 0.14Grade Unit: %Intercept: 0.35 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
TDDH2
Project
Black Hammer
Commodity
lead
Region
australia_nsw
Reported Region
australia_nsw
Ticker
10X

Geometry

Grade
0.14
Grade Unit
%
Intercept
0.35 m
From
45.2 m
To
45.55 m
Intercept Depth
45.2 m

Classification

Program
exploration
Sample Type
drill
Group ID
TDDH2:45.2-45.55
Mining Method
unknown

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-07-21T00:00:00.000Z

Dates

Event date
2026-07-28T00:00:00.000Z

Reasoning: This re-assay of historical core reveals new lead mineralisation, contributing to the understanding of the mineralised system, despite the low grade and narrow width.

Positive factors

  • New lead mineralisation identified from historical core.

Negative factors

  • Low lead grade.
  • Narrow intercept length.
  • Result is from historical core re-assay, not new drilling.

Evidence · text

“0.35m @ 3.05% Zn & 0.14% Pb from 45.2m”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

TDDH2Black Hammer · copperGrade: 1.7Grade Unit: %Intercept: 0.2 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
TDDH2
Project
Black Hammer
Commodity
copper
Region
australia_nsw
Reported Region
australia_nsw
Ticker
10X

Geometry

Grade
1.7
Grade Unit
%
Intercept
0.2 m
From
54.1 m
To
54.3 m
Intercept Depth
45.2 m

Classification

Program
exploration
Sample Type
drill
Group ID
TDDH2:54.1-54.3
Mining Method
unknown

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-07-21T00:00:00.000Z

Dates

Event date
2026-07-28T00:00:00.000Z

Reasoning: This re-assay of historical core reveals new copper mineralisation, contributing to the understanding of the mineralised system, despite the narrow width.

Positive factors

  • New copper mineralisation identified from historical core.

Negative factors

  • Narrow intercept length.
  • Result is from historical core re-assay, not new drilling.

Evidence · text

“0.2m @ 1.7% Cu from 54.1m3”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

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.