REC: Completion of Ironstone Well Gold Project Acquisition
Original announcement by asx on
- Company
- Recharge Metals Limited
- Ticker
- REC
- Exchange
- ASX
- Region
- Western Australia
- Primary commodity
- Gold
- Secondary commodities
- Copper, Tungsten, Molybdenum
- Document categories
- Agreement transaction, Drill results
- Extracted
- 2026-10-11 22:31:03 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Recharge Metals has completed the 100% acquisition of the Ironstone Well Gold Project, integrating it into the Sunset Well Gold Project in Western Australia. This acquisition expands the Prospero Gold Trend to over 15km and includes the newly identified Portia Gold Trend. The company is prepared to commence a 30,000m maiden drilling program at Sunset Well imminently.
Reasoning: The successful acquisition of a highly prospective project that significantly expands the company's existing gold trend is a major strategic milestone.
Positive factors
- 100% acquisition of Ironstone Well Project completed
- Increases Prospero Gold Trend strike length by 50% to >15km
- Encompasses 4km of newly identified Portia Gold Trend
- Strong cash position of $5.6 million
- Imminent commencement of 30,000m maiden drilling program
Negative factors
- Historical drill results provided are not new assays
Facts used in scoring: 16
Classification and evidence
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: The announcement highlights historical drill intercepts from the 1990s rather than new assay results.
Evidence · text
“Past drilling at Ironstone Well contains numerous historical gold intercepts including”
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: The acquisition is positioned as being adjacent to and along strike from the existing 94,500oz Prospero Gold Deposit.
Evidence · text
“The tenements are located on the Prospero Trend along strike from the 94,500oz Prospero Gold Deposit”
Extracted facts
Stored fact records: 16. Some facts used in scoring do not have a stored record.
Drill Results (16)
SWRC069Ironstone Well · goldGrade: 3.35Grade Unit: g/tIntercept: 6 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- SWRC069
- Project
- Ironstone Well
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- REC
Geometry
- Grade
- 3.35
- Grade Unit
- g/t
- Intercept
- 6 m
- From
- 76 m
- To
- 82 m
- Intercept Depth
- 76 m
Classification
- Sample Type
- drill
- Group ID
- SWRC069:76-82
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-10-11T00:00:00.000Z
Reasoning: Historical intercept reported in the acquisition announcement.
Positive factors
- Includes a high-grade sub-interval
Negative factors
- Historical data
Evidence · text
“6m @ 3.35g/t Au from 76m (SWRC069)”
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Page | 1 ASX Release ASX:REC HIGHLIGHTS • Recharge has successfully completed the 100% acquisition of the Ironstone Well"
SWRC069Ironstone Well · goldGrade: 7.58Grade Unit: g/tIntercept: 2 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- SWRC069
- Project
- Ironstone Well
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- REC
Geometry
- Grade
- 7.58
- Grade Unit
- g/t
- Intercept
- 2 m
- From
- 78 m
- To
- 80 m
- Intercept Depth
- 78 m
Classification
- Sample Type
- drill
- Group ID
- SWRC069:78-80
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- low_confidence
- Historical
- Yes
Dates
- Event date
- 2026-10-11T00:00:00.000Z
Reasoning: High grade sub-interval within historical hole SWRC069.
Positive factors
- High grade sub-interval
Negative factors
- Historical data
Evidence · text
“Including 2m @ 7.58g/t Au from 78m”
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Page | 1 ASX Release ASX:REC HIGHLIGHTS • Recharge has successfully completed the 100% acquisition of the Ironstone Well"
BRRC015Ironstone Well · goldGrade: 4.11Grade Unit: g/tIntercept: 2 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- BRRC015
- Project
- Ironstone Well
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- REC
Geometry
- Grade
- 4.11
- Grade Unit
- g/t
- Intercept
- 2 m
- From
- 4 m
- To
- 6 m
- Intercept Depth
- 4 m
Classification
- Sample Type
- drill
- Group ID
- BRRC015:4-6
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- low_confidence
- Historical
- Yes
Dates
- Event date
- 2026-10-11T00:00:00.000Z
Reasoning: Historical intercept reported in the acquisition announcement.
Positive factors
- Includes a high-grade sub-interval
Negative factors
- Historical data
Evidence · text
“2m @ 4.11g/t Au from 4m (BRRC015)”
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Page | 1 ASX Release ASX:REC HIGHLIGHTS • Recharge has successfully completed the 100% acquisition of the Ironstone Well"
BRRC015Ironstone Well · goldGrade: 7.82Grade Unit: g/tIntercept: 1 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- BRRC015
- Project
- Ironstone Well
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- REC
Geometry
- Grade
- 7.82
- Grade Unit
- g/t
- Intercept
- 1 m
- From
- 5 m
- To
- 6 m
- Intercept Depth
- 5 m
Classification
- Sample Type
- drill
- Group ID
- BRRC015:5-6
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- low_confidence
- Historical
- Yes
Dates
- Event date
- 2026-10-11T00:00:00.000Z
Reasoning: High grade sub-interval within historical hole BRRC015.
Positive factors
- High grade sub-interval
Negative factors
- Historical data
Evidence · text
“Including 1m @ 7.82g/t Au from 5m”
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Page | 1 ASX Release ASX:REC HIGHLIGHTS • Recharge has successfully completed the 100% acquisition of the Ironstone Well"
SWR564Ironstone Well · goldGrade: 2.11Grade Unit: g/tIntercept: 5 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- SWR564
- Project
- Ironstone Well
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- REC
Geometry
- Grade
- 2.11
- Grade Unit
- g/t
- Intercept
- 5 m
- From
- 52 m
- To
- 57 m
- Intercept Depth
- 52 m
Classification
- Sample Type
- drill
- Group ID
- SWR564:52-57
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- low_confidence
- Historical
- Yes
Dates
- Event date
- 2026-10-11T00:00:00.000Z
Reasoning: Historical intercept reported in the acquisition announcement.
Negative factors
- Historical data
Evidence · text
“5m @ 2.11g/t Au from 52m to EOH (SWR564)”
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Page | 1 ASX Release ASX:REC HIGHLIGHTS • Recharge has successfully completed the 100% acquisition of the Ironstone Well"
PWRB004Ironstone Well · goldGrade: 2.95Grade Unit: g/tIntercept: 3 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- PWRB004
- Project
- Ironstone Well
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- REC
Geometry
- Grade
- 2.95
- Grade Unit
- g/t
- Intercept
- 3 m
- From
- 24 m
- To
- 27 m
- Intercept Depth
- 24 m
Classification
- Sample Type
- drill
- Group ID
- PWRB004:24-27
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- low_confidence
- Historical
- Yes
Dates
- Event date
- 2026-10-11T00:00:00.000Z
Reasoning: Historical RAB intercept reported in the acquisition announcement.
Positive factors
- Includes a high-grade sub-interval
Negative factors
- Historical data
Evidence · text
“3m @ 2.95g/t Au from 24m (PWRB004)”
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Page | 1 ASX Release ASX:REC HIGHLIGHTS • Recharge has successfully completed the 100% acquisition of the Ironstone Well"
PWRB004Ironstone Well · goldGrade: 8.2Grade Unit: g/tIntercept: 1 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- PWRB004
- Project
- Ironstone Well
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- REC
Geometry
- Grade
- 8.2
- Grade Unit
- g/t
- Intercept
- 1 m
- From
- 24 m
- To
- 25 m
- Intercept Depth
- 24 m
Classification
- Sample Type
- drill
- Group ID
- PWRB004:24-25
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- low_confidence
- Historical
- Yes
Dates
- Event date
- 2026-10-11T00:00:00.000Z
Reasoning: High grade sub-interval within historical hole PWRB004.
Positive factors
- High grade sub-interval
Negative factors
- Historical data
Evidence · text
“including 1m @ 8.2g/t Au 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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Page | 1 ASX Release ASX:REC HIGHLIGHTS • Recharge has successfully completed the 100% acquisition of the Ironstone Well"
PWRB005Ironstone Well · goldGrade: 1.5Grade Unit: g/tIntercept: 4 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- PWRB005
- Project
- Ironstone Well
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- REC
Geometry
- Grade
- 1.5
- Grade Unit
- g/t
- Intercept
- 4 m
- From
- 37 m
- To
- 41 m
- Intercept Depth
- 37 m
Classification
- Sample Type
- drill
- Group ID
- PWRB005:37-41
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- low_confidence
- Historical
- Yes
Dates
- Event date
- 2026-10-11T00:00:00.000Z
Reasoning: Historical RAB intercept reported in the acquisition announcement.
Positive factors
- Includes a high-grade sub-interval
Negative factors
- Historical data
Evidence · text
“4m @ 1.5g/t Au from 37m (PWRB005)”
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Page | 1 ASX Release ASX:REC HIGHLIGHTS • Recharge has successfully completed the 100% acquisition of the Ironstone Well"
PWRB005Ironstone Well · goldGrade: 2.67Grade Unit: g/tIntercept: 2 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- PWRB005
- Project
- Ironstone Well
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- REC
Geometry
- Grade
- 2.67
- Grade Unit
- g/t
- Intercept
- 2 m
- From
- 39 m
- To
- 41 m
- Intercept Depth
- 39 m
Classification
- Sample Type
- drill
- Group ID
- PWRB005:39-41
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- low_confidence
- Historical
- Yes
Dates
- Event date
- 2026-10-11T00:00:00.000Z
Reasoning: High grade sub-interval within historical hole PWRB005.
Positive factors
- High grade sub-interval
Negative factors
- Historical data
Evidence · text
“including 2m @ 2.67g/t Au from 39m”
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Page | 1 ASX Release ASX:REC HIGHLIGHTS • Recharge has successfully completed the 100% acquisition of the Ironstone Well"
PWR132Ironstone Well · goldGrade: 1.14Grade Unit: g/tIntercept: 4 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- PWR132
- Project
- Ironstone Well
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- REC
Geometry
- Grade
- 1.14
- Grade Unit
- g/t
- Intercept
- 4 m
- From
- 16 m
- To
- 20 m
- Intercept Depth
- 16 m
Classification
- Sample Type
- drill
- Group ID
- PWR132:16-20
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- zero_all
- Historical
- Yes
Dates
- Event date
- 2026-10-11T00:00:00.000Z
Reasoning: Historical RAB intercept reported in the acquisition announcement.
Negative factors
- Historical data
Evidence · text
“4m @ 1.14g/t Au from 16m (PWR132)”
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Page | 1 ASX Release ASX:REC HIGHLIGHTS • Recharge has successfully completed the 100% acquisition of the Ironstone Well"
SWR553Ironstone Well · goldGrade: 1.2Grade Unit: g/tIntercept: 4 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- SWR553
- Project
- Ironstone Well
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- REC
Geometry
- Grade
- 1.2
- Grade Unit
- g/t
- Intercept
- 4 m
- From
- 12 m
- To
- 16 m
- Intercept Depth
- 12 m
Classification
- Sample Type
- drill
- Group ID
- SWR553:12-16
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- zero_all
- Historical
- Yes
Dates
- Event date
- 2026-10-11T00:00:00.000Z
Reasoning: Historical RAB intercept reported in the acquisition announcement.
Negative factors
- Historical data
Evidence · text
“4m @ 1.2g/t Au from 12m (SWR553)”
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Page | 1 ASX Release ASX:REC HIGHLIGHTS • Recharge has successfully completed the 100% acquisition of the Ironstone Well"
PWRAB18Ironstone Well · goldGrade: 0.34Grade Unit: g/tIntercept: 35 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- PWRAB18
- Project
- Ironstone Well
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- REC
Geometry
- Grade
- 0.34
- Grade Unit
- g/t
- Intercept
- 35 m
- From
- 16 m
- To
- 51 m
- Intercept Depth
- 16 m
Classification
- Sample Type
- drill
- Group ID
- PWRAB18:16-51
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- low_confidence
- Historical
- Yes
Dates
- Event date
- 2026-10-11T00:00:00.000Z
Reasoning: Historical RAB intercept reported in the acquisition announcement.
Positive factors
- Includes a high-grade sub-interval
Negative factors
- Historical data
Evidence · text
“35m @ 0.34g/t Au from 16m (PWRAB18)”
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Page | 1 ASX Release ASX:REC HIGHLIGHTS • Recharge has successfully completed the 100% acquisition of the Ironstone Well"
PWRAB18Ironstone Well · goldGrade: 1.09Grade Unit: g/tIntercept: 4 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- PWRAB18
- Project
- Ironstone Well
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- REC
Geometry
- Grade
- 1.09
- Grade Unit
- g/t
- Intercept
- 4 m
- From
- 20 m
- To
- 24 m
- Intercept Depth
- 20 m
Classification
- Sample Type
- drill
- Group ID
- PWRAB18:20-24
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- low_confidence
- Historical
- Yes
Dates
- Event date
- 2026-10-11T00:00:00.000Z
Reasoning: High grade sub-interval within historical hole PWRAB18.
Positive factors
- High grade sub-interval
Negative factors
- Historical data
Evidence · text
“including 4m @ 1.09g/t Au from 20m”
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Page | 1 ASX Release ASX:REC HIGHLIGHTS • Recharge has successfully completed the 100% acquisition of the Ironstone Well"
PWRAB16Ironstone Well · goldGrade: 0.38Grade Unit: g/tIntercept: 29 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- PWRAB16
- Project
- Ironstone Well
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- REC
Geometry
- Grade
- 0.38
- Grade Unit
- g/t
- Intercept
- 29 m
- From
- 28 m
- To
- 57 m
- Intercept Depth
- 28 m
Classification
- Sample Type
- drill
- Group ID
- PWRAB16:28-57
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- low_confidence
- Historical
- Yes
Dates
- Event date
- 2026-10-11T00:00:00.000Z
Reasoning: Historical RAB intercept reported in the acquisition announcement.
Positive factors
- Includes a high-grade sub-interval
Negative factors
- Historical data
Evidence · text
“29m @ 0.38g/t Au from 28m (PWRAB16)”
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Page | 1 ASX Release ASX:REC HIGHLIGHTS • Recharge has successfully completed the 100% acquisition of the Ironstone Well"
PWRAB16Ironstone Well · goldGrade: 1.8Grade Unit: g/tIntercept: 4 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- PWRAB16
- Project
- Ironstone Well
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- REC
Geometry
- Grade
- 1.8
- Grade Unit
- g/t
- Intercept
- 4 m
- From
- 28 m
- To
- 32 m
- Intercept Depth
- 28 m
Classification
- Sample Type
- drill
- Group ID
- PWRAB16:28-32
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- low_confidence
- Historical
- Yes
Dates
- Event date
- 2026-10-11T00:00:00.000Z
Reasoning: High grade sub-interval within historical hole PWRAB16.
Positive factors
- High grade sub-interval
Negative factors
- Historical data
Evidence · text
“including 4m @ 1.8g/t Au from 28m”
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Page | 1 ASX Release ASX:REC HIGHLIGHTS • Recharge has successfully completed the 100% acquisition of the Ironstone Well"
GER062Ironstone Well · goldGrade: 1.9Grade Unit: g/tIntercept: 2 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- GER062
- Project
- Ironstone Well
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- REC
Geometry
- Grade
- 1.9
- Grade Unit
- g/t
- Intercept
- 2 m
- From
- 24 m
- To
- 26 m
- Intercept Depth
- 24 m
Classification
- Sample Type
- drill
- Group ID
- GER062:24-26
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- low_confidence
- Historical
- Yes
Dates
- Event date
- 2026-10-11T00:00:00.000Z
Reasoning: Historical intercept reported in the acquisition announcement.
Negative factors
- Historical data
Evidence · text
“2m @ 1.9g/t Au from 24m to EOH (GER062)”
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Page | 1 ASX Release ASX:REC HIGHLIGHTS • Recharge has successfully completed the 100% acquisition of the Ironstone Well"
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.