# REC: Sunset Well Drilling Commenced Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/rec-sunset-well-drilling-commenced--446426ba-8f47-4ae0-9f13-28e26c3e69b6 Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03155577 Publisher: asx Original announcement: 2026-10-21T22:07:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-21T22:27:56.107Z Atlas analysis updated: 2026-10-21T22:27:56.107Z - Company: Recharge Metals Limited - Ticker: REC - Exchange: ASX - Region: Leonora, WA - Primary commodity: Gold - Secondary commodities: Copper, Tungsten, Molybdenum, Silver - Document categories: Other, Drill results, Resource update - Extracted: 2026-10-21 22:27:56 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Recharge Metals has commenced a 30,000m drilling program at the Sunset Well Gold Project in Western Australia. The program includes 20,000m of RC and diamond drilling at the Prospero Deposit to target resource extensions and 10,000m of aircore drilling to test the broader Prospero Trend. Reasoning: The announcement marks the start of a major drilling campaign at Sunset Well, which is a significant operational milestone, though it contains no new geological data. - Positive factor: Commencement of a significant 30,000m drilling program - Positive factor: Existing Inferred resource provides a solid baseline for exploration - Positive factor: Prospero deposit is open in all directions and has not been drilled in 30 years - Negative factor: No new assay results provided in this release Facts used in scoring: 20 ## Classification and evidence **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: The program includes 20,000m of RC and diamond drilling at Prospero to target extensions and growth of existing resources. Evidence · text > target extensions to interpreted high-grade lodes and growth of the shallow Mineral Resources **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: The 10,000m aircore program is designed to test the greater Prospero Trend and make new discoveries outside the Prospero Deposit. Evidence · text > The program aims to identify new zones of gold mineralisation and define targets for follow-up RC drilling, with the longer-term objective of making further gold discoveries outside the Prospero Deposit. ## Extracted facts Stored fact records: 20. Some facts used in scoring do not have a stored record. ## Drill Results (20) ### SWR134 [Link to this fact](https://atlas-staging.minestarters.com/news/rec-sunset-well-drilling-commenced--446426ba-8f47-4ae0-9f13-28e26c3e69b6#fact-drill-facts-0) Sunset Well · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: SWR134 - Project: Sunset Well - Commodity: gold - Region: leonora, wa - Reported Region: leonora, wa - Ticker: REC #### Geometry - Grade: 2.73 - Grade Unit: g/t - Intercept: 36 m - From: 32 m - To: 68 m - Intercept Depth: 32 m #### Classification - Sample Type: drill - Group ID: SWR134:32-68 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 1996-01-01T00:00:00.000Z #### Dates - Event date: 2026-10-21T00:00:00.000Z Reasoning: Historical intercept reported as part of the project background. - Positive factor: Significant width and grade - Negative factor: Historical data Evidence · text > 36m @ 2.73g/t Au from 32m\(SWR134\) #### 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 • Reverse Circulation drilling has commenced at the Sunset Well Gold Project, Le" ### SWR134 [Link to this fact](https://atlas-staging.minestarters.com/news/rec-sunset-well-drilling-commenced--446426ba-8f47-4ae0-9f13-28e26c3e69b6#fact-drill-facts-1) Sunset Well · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: SWR134 - Project: Sunset Well - Commodity: gold - Region: leonora, wa - Reported Region: leonora, wa - Ticker: REC #### Geometry - Grade: 5.39 - Grade Unit: g/t - Intercept: 16 m - From: 36 m - To: 52 m - Intercept Depth: 32 m #### Classification - Sample Type: drill - Group ID: SWR134:36-52 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 1996-01-01T00:00:00.000Z #### Dates - Event date: 2026-10-21T00:00:00.000Z Reasoning: Historical high-grade sub-interval. - Positive factor: High grade sub-interval - Negative factor: Historical data Evidence · text > including 16m @ 5.39g/t Au from 36m #### 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 • Reverse Circulation drilling has commenced at the Sunset Well Gold Project, Le" ### SWRC015 [Link to this fact](https://atlas-staging.minestarters.com/news/rec-sunset-well-drilling-commenced--446426ba-8f47-4ae0-9f13-28e26c3e69b6#fact-drill-facts-2) Sunset Well · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: SWRC015 - Project: Sunset Well - Commodity: gold - Region: leonora, wa - Reported Region: leonora, wa - Ticker: REC #### Geometry - Grade: 4.02 - Grade Unit: g/t - Intercept: 8 m - From: 28 m - To: 36 m - Intercept Depth: 28 m #### Classification - Sample Type: drill - Group ID: SWRC015:28-36 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 1996-01-01T00:00:00.000Z #### Dates - Event date: 2026-10-21T00:00:00.000Z Reasoning: Historical intercept. - Positive factor: Strong grade - Negative factor: Historical data Evidence · text > 8m @ 4.02g/t Au from 28m \(SWRC015\) #### 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 • Reverse Circulation drilling has commenced at the Sunset Well Gold Project, Le" ### SWRC015 [Link to this fact](https://atlas-staging.minestarters.com/news/rec-sunset-well-drilling-commenced--446426ba-8f47-4ae0-9f13-28e26c3e69b6#fact-drill-facts-3) Sunset Well · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: SWRC015 - Project: Sunset Well - Commodity: gold - Region: leonora, wa - Reported Region: leonora, wa - Ticker: REC #### Geometry - Grade: 8.3 - Grade Unit: g/t - Intercept: 2 m - From: 28 m - To: 30 m - Intercept Depth: 28 m #### Classification - Sample Type: drill - Group ID: SWRC015:28-30 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 1996-01-01T00:00:00.000Z #### Dates - Event date: 2026-10-21T00:00:00.000Z Reasoning: Historical high-grade sub-interval. - Positive factor: Bonanza grade - Negative factor: Historical data Evidence · text > including 2m @ 8.3g/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 • Reverse Circulation drilling has commenced at the Sunset Well Gold Project, Le" ### SWR008 [Link to this fact](https://atlas-staging.minestarters.com/news/rec-sunset-well-drilling-commenced--446426ba-8f47-4ae0-9f13-28e26c3e69b6#fact-drill-facts-4) Sunset Well · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: SWR008 - Project: Sunset Well - Commodity: gold - Region: leonora, wa - Reported Region: leonora, wa - Ticker: REC #### Geometry - Grade: 3.62 - Grade Unit: g/t - Intercept: 4 m - From: 32 m - To: 36 m - Intercept Depth: 32 m #### Classification - Sample Type: drill - Group ID: SWR008:32-36 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 1996-01-01T00:00:00.000Z #### Dates - Event date: 2026-10-21T00:00:00.000Z Reasoning: Historical intercept. - Positive factor: Solid grade - Negative factor: Historical data Evidence · text > 4m @ 3.62g/t Au from 32m \(SWR008\) #### 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 • Reverse Circulation drilling has commenced at the Sunset Well Gold Project, Le" ### SWD001 [Link to this fact](https://atlas-staging.minestarters.com/news/rec-sunset-well-drilling-commenced--446426ba-8f47-4ae0-9f13-28e26c3e69b6#fact-drill-facts-5) Sunset Well · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: SWD001 - Project: Sunset Well - Commodity: gold - Region: leonora, wa - Reported Region: leonora, wa - Ticker: REC #### Geometry - Grade: 6.35 - Grade Unit: g/t - Intercept: 2.9 m - From: 101.9 m - To: 104.8 m - Intercept Depth: 101.9 m #### Classification - Sample Type: drill - Group ID: SWD001:101.9-104.8 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 1996-01-01T00:00:00.000Z #### Dates - Event date: 2026-10-21T00:00:00.000Z Reasoning: Historical high-grade intercept. - Positive factor: High grade - Negative factor: Historical data Evidence · text > 2.9m @ 6.35g/t Au from 101.9m \(SWD001\) #### 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 • Reverse Circulation drilling has commenced at the Sunset Well Gold Project, Le" ### SWD001 [Link to this fact](https://atlas-staging.minestarters.com/news/rec-sunset-well-drilling-commenced--446426ba-8f47-4ae0-9f13-28e26c3e69b6#fact-drill-facts-6) Sunset Well · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: SWD001 - Project: Sunset Well - Commodity: gold - Region: leonora, wa - Reported Region: leonora, wa - Ticker: REC #### Geometry - Grade: 21.7 - Grade Unit: g/t - Intercept: 0.8 m - From: 101.9 m - To: 102.7 m - Intercept Depth: 101.9 m #### Classification - Sample Type: drill - Group ID: SWD001:101.9-102.7 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 1996-01-01T00:00:00.000Z #### Dates - Event date: 2026-10-21T00:00:00.000Z Reasoning: Historical bonanza sub-interval. - Positive factor: Bonanza grade - Negative factor: Historical data Evidence · text > including 0.8m @ 21.7g/t Au from 101.9m #### 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 • Reverse Circulation drilling has commenced at the Sunset Well Gold Project, Le" ### SWR165 [Link to this fact](https://atlas-staging.minestarters.com/news/rec-sunset-well-drilling-commenced--446426ba-8f47-4ae0-9f13-28e26c3e69b6#fact-drill-facts-7) Sunset Well · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: SWR165 - Project: Sunset Well - Commodity: gold - Region: leonora, wa - Reported Region: leonora, wa - Ticker: REC #### Geometry - Grade: 1.55 - Grade Unit: g/t - Intercept: 8 m - From: 28 m - To: 36 m - Intercept Depth: 28 m #### Classification - Sample Type: drill - Group ID: SWR165:28-36 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 1996-01-01T00:00:00.000Z #### Dates - Event date: 2026-10-21T00:00:00.000Z Reasoning: Historical RAB anomaly. - Negative factor: Historical data Evidence · text > 8m @ 1.55g/t Au from 28m \(SWR165\) #### 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 • Reverse Circulation drilling has commenced at the Sunset Well Gold Project, Le" ### SWR271 [Link to this fact](https://atlas-staging.minestarters.com/news/rec-sunset-well-drilling-commenced--446426ba-8f47-4ae0-9f13-28e26c3e69b6#fact-drill-facts-8) Sunset Well · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: SWR271 - Project: Sunset Well - Commodity: gold - Region: leonora, wa - Reported Region: leonora, wa - Ticker: REC #### Geometry - Grade: 0.54 - Grade Unit: g/t - Intercept: 12 m - From: 16 m - To: 28 m - Intercept Depth: 16 m #### Classification - Sample Type: drill - Group ID: SWR271:16-28 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 1996-01-01T00:00:00.000Z #### Dates - Event date: 2026-10-21T00:00:00.000Z Reasoning: Historical RAB anomaly. - Negative factor: Historical data Evidence · text > 12m @ 0.54g/t Au from 16m \(SWR271\) #### 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 • Reverse Circulation drilling has commenced at the Sunset Well Gold Project, Le" ### SWR236 [Link to this fact](https://atlas-staging.minestarters.com/news/rec-sunset-well-drilling-commenced--446426ba-8f47-4ae0-9f13-28e26c3e69b6#fact-drill-facts-9) Sunset Well · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: SWR236 - Project: Sunset Well - Commodity: gold - Region: leonora, wa - Reported Region: leonora, wa - Ticker: REC #### Geometry - Grade: 1.1 - Grade Unit: g/t - Intercept: 4 m - From: 36 m - To: 40 m - Intercept Depth: 36 m #### Classification - Sample Type: drill - Group ID: SWR236:36-40 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 1996-01-01T00:00:00.000Z #### Dates - Event date: 2026-10-21T00:00:00.000Z Reasoning: Historical RAB anomaly. - Negative factor: Historical data Evidence · text > 4m @ 1.10g/t Au from 36m \(SWR236\) #### 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 • Reverse Circulation drilling has commenced at the Sunset Well Gold Project, Le" ### SWR233 [Link to this fact](https://atlas-staging.minestarters.com/news/rec-sunset-well-drilling-commenced--446426ba-8f47-4ae0-9f13-28e26c3e69b6#fact-drill-facts-10) Sunset Well · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: SWR233 - Project: Sunset Well - Commodity: gold - Region: leonora, wa - Reported Region: leonora, wa - Ticker: REC #### Geometry - Grade: 1.12 - Grade Unit: g/t - Intercept: 27 m - From: 8 m - To: 35 m - Intercept Depth: 8 m #### Classification - Sample Type: drill - Group ID: SWR233:8-35 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 1996-01-01T00:00:00.000Z #### Dates - Event date: 2026-10-21T00:00:00.000Z Reasoning: Historical RAB anomaly. - Negative factor: Historical data Evidence · text > 27m @ 1.12g/t Au from 8m \(SWR233\) #### 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 • Reverse Circulation drilling has commenced at the Sunset Well Gold Project, Le" ### SWR233 [Link to this fact](https://atlas-staging.minestarters.com/news/rec-sunset-well-drilling-commenced--446426ba-8f47-4ae0-9f13-28e26c3e69b6#fact-drill-facts-11) Sunset Well · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: SWR233 - Project: Sunset Well - Commodity: gold - Region: leonora, wa - Reported Region: leonora, wa - Ticker: REC #### Geometry - Grade: 2.52 - Grade Unit: g/t - Intercept: 8 m - From: 8 m - To: 16 m - Intercept Depth: 8 m #### Classification - Sample Type: drill - Group ID: SWR233:8-16 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 1996-01-01T00:00:00.000Z #### Dates - Event date: 2026-10-21T00:00:00.000Z Reasoning: Historical high-grade sub-interval. - Positive factor: High grade sub-interval - Negative factor: Historical data Evidence · text > including 8m @ 2.52g/t Au from 8m #### 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 • Reverse Circulation drilling has commenced at the Sunset Well Gold Project, Le" ### SWRC033 [Link to this fact](https://atlas-staging.minestarters.com/news/rec-sunset-well-drilling-commenced--446426ba-8f47-4ae0-9f13-28e26c3e69b6#fact-drill-facts-12) Sunset Well · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: SWRC033 - Project: Sunset Well - Commodity: gold - Region: leonora, wa - Reported Region: leonora, wa - Ticker: REC #### Geometry - Grade: 0.54 - Grade Unit: g/t - Intercept: 20 m - From: 32 m - To: 52 m - Intercept Depth: 32 m #### Classification - Sample Type: drill - Group ID: SWRC033:32-52 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 1996-01-01T00:00:00.000Z #### Dates - Event date: 2026-10-21T00:00:00.000Z Reasoning: Historical RAB anomaly. - Negative factor: Historical data Evidence · text > 20m @ 0.54g/t Au from 32m \(SWRC033\) #### 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 • Reverse Circulation drilling has commenced at the Sunset Well Gold Project, Le" ### SWR333 [Link to this fact](https://atlas-staging.minestarters.com/news/rec-sunset-well-drilling-commenced--446426ba-8f47-4ae0-9f13-28e26c3e69b6#fact-drill-facts-13) Sunset Well · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: SWR333 - Project: Sunset Well - Commodity: gold - Region: leonora, wa - Reported Region: leonora, wa - Ticker: REC #### Geometry - Grade: 0.68 - Grade Unit: g/t - Intercept: 9 m - From: 48 m - To: 57 m - Intercept Depth: 48 m #### Classification - Sample Type: drill - Group ID: SWR333:48-57 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 1996-01-01T00:00:00.000Z #### Dates - Event date: 2026-10-21T00:00:00.000Z Reasoning: Historical RAB anomaly. - Negative factor: Historical data Evidence · text > 9m @ 0.68g/t Au from 48m to end of hole \(SWR333\) #### 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 • Reverse Circulation drilling has commenced at the Sunset Well Gold Project, Le" ### SWR333 [Link to this fact](https://atlas-staging.minestarters.com/news/rec-sunset-well-drilling-commenced--446426ba-8f47-4ae0-9f13-28e26c3e69b6#fact-drill-facts-14) Sunset Well · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: SWR333 - Project: Sunset Well - Commodity: gold - Region: leonora, wa - Reported Region: leonora, wa - Ticker: REC #### Geometry - Grade: 1.29 - Grade Unit: g/t - Intercept: 4 m - From: 48 m - To: 52 m - Intercept Depth: 48 m #### Classification - Sample Type: drill - Group ID: SWR333:48-52 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 1996-01-01T00:00:00.000Z #### Dates - Event date: 2026-10-21T00:00:00.000Z Reasoning: Historical high-grade sub-interval. - Positive factor: High grade sub-interval - Negative factor: Historical data Evidence · text > Including 4m @ 1.29g/t Au from 48m #### 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 • Reverse Circulation drilling has commenced at the Sunset Well Gold Project, Le" ### SWR564 [Link to this fact](https://atlas-staging.minestarters.com/news/rec-sunset-well-drilling-commenced--446426ba-8f47-4ae0-9f13-28e26c3e69b6#fact-drill-facts-15) Sunset Well · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: SWR564 - Project: Sunset Well - Commodity: gold - Region: leonora, wa - Reported Region: leonora, 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: scored - Historical: Yes - Historical Source Date: 1996-01-01T00:00:00.000Z #### Dates - Event date: 2026-10-21T00:00:00.000Z Reasoning: Historical intercept. - Negative factor: Historical data Evidence · text > 5m at 2.11g/t Au from 52m \(SWR564\) #### 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 • Reverse Circulation drilling has commenced at the Sunset Well Gold Project, Le" ### SWR\_PORTIA\_01 [Link to this fact](https://atlas-staging.minestarters.com/news/rec-sunset-well-drilling-commenced--446426ba-8f47-4ae0-9f13-28e26c3e69b6#fact-drill-facts-16) Sunset Well · gold Historical result Needs review: ungrounded #### Identity - Hole ID: SWR\_PORTIA\_01 - Project: Sunset Well - Commodity: gold - Region: leonora, wa - Reported Region: leonora, 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: SWR\_PORTIA\_01:76-82 #### Review - Needs Review: Yes - Review Reason: ungrounded - Interp. Status: scored - Historical: Yes - Historical Source Date: 1996-01-01T00:00:00.000Z #### Dates - Event date: 2026-10-21T00:00:00.000Z Reasoning: Historical intercept from Portia Shear Zone. - Negative factor: Historical data Evidence · text > 6m @ 3.35g/t Au from 76m #### 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 • Reverse Circulation drilling has commenced at the Sunset Well Gold Project, Le" ### SWR\_PORTIA\_02 [Link to this fact](https://atlas-staging.minestarters.com/news/rec-sunset-well-drilling-commenced--446426ba-8f47-4ae0-9f13-28e26c3e69b6#fact-drill-facts-17) Sunset Well · gold Historical result Needs review: ungrounded #### Identity - Hole ID: SWR\_PORTIA\_02 - Project: Sunset Well - Commodity: gold - Region: leonora, wa - Reported Region: leonora, wa - Ticker: REC #### Geometry - Grade: 7.58 - Grade Unit: g/t - Intercept: 2 m - From: 78 m - To: 80 m - Intercept Depth: 76 m #### Classification - Sample Type: drill - Group ID: SWR\_PORTIA\_02:78-80 #### Review - Needs Review: Yes - Review Reason: ungrounded - Interp. Status: scored - Historical: Yes - Historical Source Date: 1996-01-01T00:00:00.000Z #### Dates - Event date: 2026-10-21T00:00:00.000Z Reasoning: Historical high-grade sub-interval from Portia Shear Zone. - 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 • Reverse Circulation drilling has commenced at the Sunset Well Gold Project, Le" ### SWR\_PORTIA\_03 [Link to this fact](https://atlas-staging.minestarters.com/news/rec-sunset-well-drilling-commenced--446426ba-8f47-4ae0-9f13-28e26c3e69b6#fact-drill-facts-18) Sunset Well · gold Historical result Needs review: ungrounded #### Identity - Hole ID: SWR\_PORTIA\_03 - Project: Sunset Well - Commodity: gold - Region: leonora, wa - Reported Region: leonora, 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: SWR\_PORTIA\_03:4-6 #### Review - Needs Review: Yes - Review Reason: ungrounded - Interp. Status: scored - Historical: Yes - Historical Source Date: 1996-01-01T00:00:00.000Z #### Dates - Event date: 2026-10-21T00:00:00.000Z Reasoning: Historical intercept from Portia Shear Zone. - Negative factor: Historical data Evidence · text > 2m @ 4.11g/t Au from 4m #### 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 • Reverse Circulation drilling has commenced at the Sunset Well Gold Project, Le" ### SWR\_PORTIA\_04 [Link to this fact](https://atlas-staging.minestarters.com/news/rec-sunset-well-drilling-commenced--446426ba-8f47-4ae0-9f13-28e26c3e69b6#fact-drill-facts-19) Sunset Well · gold Historical result Needs review: ungrounded #### Identity - Hole ID: SWR\_PORTIA\_04 - Project: Sunset Well - Commodity: gold - Region: leonora, wa - Reported Region: leonora, wa - Ticker: REC #### Geometry - Grade: 7.82 - Grade Unit: g/t - Intercept: 1 m - From: 5 m - To: 6 m - Intercept Depth: 4 m #### Classification - Sample Type: drill - Group ID: SWR\_PORTIA\_04:5-6 #### Review - Needs Review: Yes - Review Reason: ungrounded - Interp. Status: scored - Historical: Yes - Historical Source Date: 1996-01-01T00:00:00.000Z #### Dates - Event date: 2026-10-21T00:00:00.000Z Reasoning: Historical high-grade sub-interval from Portia Shear Zone. - 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 • Reverse Circulation drilling has commenced at the Sunset Well Gold Project, Le" ## 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.