# REC: Completion of Ironstone Well Gold Project Acquisition Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/rec-completion-of-ironstone-well-gold-project-acquisition--528a3430-ef69-42e1-9259-94c7d24f3f21 Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03150906 Publisher: asx Original announcement: 2026-10-11T21:21:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-11T22:31:02.328Z Atlas analysis updated: 2026-10-11T22:31:02.328Z - 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 Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas 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 factor: 100% acquisition of Ironstone Well Project completed - Positive factor: Increases Prospero Gold Trend strike length by 50% to >15km - Positive factor: Encompasses 4km of newly identified Portia Gold Trend - Positive factor: Strong cash position of $5.6 million - Positive factor: Imminent commencement of 30,000m maiden drilling program - Negative factor: Historical drill results provided are not new assays Facts used in scoring: 16 ## Classification and evidence **Stale Data Re-release** Polarity: negative Definition: 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 Play** Polarity: neutral Definition: 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) ### SWRC069 [Link to this fact](https://atlas-staging.minestarters.com/news/rec-completion-of-ironstone-well-gold-project-acquisition--528a3430-ef69-42e1-9259-94c7d24f3f21#fact-drill-facts-0) Ironstone Well · gold Historical result Needs review: historical\_restatement #### 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 factor: Includes a high-grade sub-interval - Negative factor: Historical data Evidence · text > 6m @ 3.35g/t Au from 76m \(SWRC069\) #### 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 **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: "Page \| 1 ASX Release ASX:REC HIGHLIGHTS • Recharge has successfully completed the 100% acquisition of the Ironstone Well" ### SWRC069 [Link to this fact](https://atlas-staging.minestarters.com/news/rec-completion-of-ironstone-well-gold-project-acquisition--528a3430-ef69-42e1-9259-94c7d24f3f21#fact-drill-facts-1) Ironstone Well · gold Historical result Needs review: historical\_restatement #### 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 factor: High grade sub-interval - Negative factor: Historical data Evidence · text > Including 2m @ 7.58g/t Au from 78m #### 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 **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: "Page \| 1 ASX Release ASX:REC HIGHLIGHTS • Recharge has successfully completed the 100% acquisition of the Ironstone Well" ### BRRC015 [Link to this fact](https://atlas-staging.minestarters.com/news/rec-completion-of-ironstone-well-gold-project-acquisition--528a3430-ef69-42e1-9259-94c7d24f3f21#fact-drill-facts-2) Ironstone Well · gold Historical result Needs review: historical\_restatement #### 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 factor: Includes a high-grade sub-interval - Negative factor: Historical data Evidence · text > 2m @ 4.11g/t Au from 4m \(BRRC015\) #### 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 **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: "Page \| 1 ASX Release ASX:REC HIGHLIGHTS • Recharge has successfully completed the 100% acquisition of the Ironstone Well" ### BRRC015 [Link to this fact](https://atlas-staging.minestarters.com/news/rec-completion-of-ironstone-well-gold-project-acquisition--528a3430-ef69-42e1-9259-94c7d24f3f21#fact-drill-facts-3) Ironstone Well · gold Historical result Needs review: historical\_restatement #### 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 factor: High grade sub-interval - Negative factor: Historical data Evidence · text > Including 1m @ 7.82g/t Au from 5m #### 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 **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: "Page \| 1 ASX Release ASX:REC HIGHLIGHTS • Recharge has successfully completed the 100% acquisition of the Ironstone Well" ### SWR564 [Link to this fact](https://atlas-staging.minestarters.com/news/rec-completion-of-ironstone-well-gold-project-acquisition--528a3430-ef69-42e1-9259-94c7d24f3f21#fact-drill-facts-4) Ironstone Well · gold Historical result Needs review: historical\_restatement #### 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 factor: Historical data Evidence · text > 5m @ 2.11g/t Au from 52m to EOH \(SWR564\) #### 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 **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: "Page \| 1 ASX Release ASX:REC HIGHLIGHTS • Recharge has successfully completed the 100% acquisition of the Ironstone Well" ### PWRB004 [Link to this fact](https://atlas-staging.minestarters.com/news/rec-completion-of-ironstone-well-gold-project-acquisition--528a3430-ef69-42e1-9259-94c7d24f3f21#fact-drill-facts-5) Ironstone Well · gold Historical result Needs review: historical\_restatement #### 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 factor: Includes a high-grade sub-interval - Negative factor: Historical data Evidence · text > 3m @ 2.95g/t Au from 24m \(PWRB004\) #### 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 **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: "Page \| 1 ASX Release ASX:REC HIGHLIGHTS • Recharge has successfully completed the 100% acquisition of the Ironstone Well" ### PWRB004 [Link to this fact](https://atlas-staging.minestarters.com/news/rec-completion-of-ironstone-well-gold-project-acquisition--528a3430-ef69-42e1-9259-94c7d24f3f21#fact-drill-facts-6) Ironstone Well · gold Historical result Needs review: historical\_restatement #### 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 factor: High grade sub-interval - Negative factor: Historical data Evidence · text > including 1m @ 8.2g/t Au from 24m #### 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 **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: "Page \| 1 ASX Release ASX:REC HIGHLIGHTS • Recharge has successfully completed the 100% acquisition of the Ironstone Well" ### PWRB005 [Link to this fact](https://atlas-staging.minestarters.com/news/rec-completion-of-ironstone-well-gold-project-acquisition--528a3430-ef69-42e1-9259-94c7d24f3f21#fact-drill-facts-7) Ironstone Well · gold Historical result Needs review: historical\_restatement #### 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 factor: Includes a high-grade sub-interval - Negative factor: Historical data Evidence · text > 4m @ 1.5g/t Au from 37m \(PWRB005\) #### 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 **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: "Page \| 1 ASX Release ASX:REC HIGHLIGHTS • Recharge has successfully completed the 100% acquisition of the Ironstone Well" ### PWRB005 [Link to this fact](https://atlas-staging.minestarters.com/news/rec-completion-of-ironstone-well-gold-project-acquisition--528a3430-ef69-42e1-9259-94c7d24f3f21#fact-drill-facts-8) Ironstone Well · gold Historical result Needs review: historical\_restatement #### 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 factor: High grade sub-interval - Negative factor: Historical data Evidence · text > including 2m @ 2.67g/t Au from 39m #### 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 **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: "Page \| 1 ASX Release ASX:REC HIGHLIGHTS • Recharge has successfully completed the 100% acquisition of the Ironstone Well" ### PWR132 [Link to this fact](https://atlas-staging.minestarters.com/news/rec-completion-of-ironstone-well-gold-project-acquisition--528a3430-ef69-42e1-9259-94c7d24f3f21#fact-drill-facts-9) Ironstone Well · gold Historical result Needs review: historical\_restatement #### 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 factor: Historical data Evidence · text > 4m @ 1.14g/t Au from 16m \(PWR132\) #### 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 **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: "Page \| 1 ASX Release ASX:REC HIGHLIGHTS • Recharge has successfully completed the 100% acquisition of the Ironstone Well" ### SWR553 [Link to this fact](https://atlas-staging.minestarters.com/news/rec-completion-of-ironstone-well-gold-project-acquisition--528a3430-ef69-42e1-9259-94c7d24f3f21#fact-drill-facts-10) Ironstone Well · gold Historical result Needs review: historical\_restatement #### 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 factor: Historical data Evidence · text > 4m @ 1.2g/t Au from 12m \(SWR553\) #### 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 **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: "Page \| 1 ASX Release ASX:REC HIGHLIGHTS • Recharge has successfully completed the 100% acquisition of the Ironstone Well" ### PWRAB18 [Link to this fact](https://atlas-staging.minestarters.com/news/rec-completion-of-ironstone-well-gold-project-acquisition--528a3430-ef69-42e1-9259-94c7d24f3f21#fact-drill-facts-11) Ironstone Well · gold Historical result Needs review: historical\_restatement #### 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 factor: Includes a high-grade sub-interval - Negative factor: Historical data Evidence · text > 35m @ 0.34g/t Au from 16m \(PWRAB18\) #### 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 **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: "Page \| 1 ASX Release ASX:REC HIGHLIGHTS • Recharge has successfully completed the 100% acquisition of the Ironstone Well" ### PWRAB18 [Link to this fact](https://atlas-staging.minestarters.com/news/rec-completion-of-ironstone-well-gold-project-acquisition--528a3430-ef69-42e1-9259-94c7d24f3f21#fact-drill-facts-12) Ironstone Well · gold Historical result Needs review: historical\_restatement #### 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 factor: High grade sub-interval - Negative factor: Historical data Evidence · text > including 4m @ 1.09g/t Au from 20m #### 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 **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: "Page \| 1 ASX Release ASX:REC HIGHLIGHTS • Recharge has successfully completed the 100% acquisition of the Ironstone Well" ### PWRAB16 [Link to this fact](https://atlas-staging.minestarters.com/news/rec-completion-of-ironstone-well-gold-project-acquisition--528a3430-ef69-42e1-9259-94c7d24f3f21#fact-drill-facts-13) Ironstone Well · gold Historical result Needs review: historical\_restatement #### 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 factor: Includes a high-grade sub-interval - Negative factor: Historical data Evidence · text > 29m @ 0.38g/t Au from 28m \(PWRAB16\) #### 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 **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: "Page \| 1 ASX Release ASX:REC HIGHLIGHTS • Recharge has successfully completed the 100% acquisition of the Ironstone Well" ### PWRAB16 [Link to this fact](https://atlas-staging.minestarters.com/news/rec-completion-of-ironstone-well-gold-project-acquisition--528a3430-ef69-42e1-9259-94c7d24f3f21#fact-drill-facts-14) Ironstone Well · gold Historical result Needs review: historical\_restatement #### 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 factor: High grade sub-interval - Negative factor: Historical data Evidence · text > including 4m @ 1.8g/t Au from 28m #### 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 **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: "Page \| 1 ASX Release ASX:REC HIGHLIGHTS • Recharge has successfully completed the 100% acquisition of the Ironstone Well" ### GER062 [Link to this fact](https://atlas-staging.minestarters.com/news/rec-completion-of-ironstone-well-gold-project-acquisition--528a3430-ef69-42e1-9259-94c7d24f3f21#fact-drill-facts-15) Ironstone Well · gold Historical result Needs review: historical\_restatement #### 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 factor: Historical data Evidence · text > 2m @ 1.9g/t Au from 24m to EOH \(GER062\) #### 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 **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: "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.