RKB: Further High Grade Gold Results from Mt Wills Goldfield Vict
Original announcement by asx on
- Company
- Rokeby Resources Limited
- Ticker
- RKB
- Exchange
- ASX
- Region
- Victoria
- Primary commodity
- Gold
- Secondary commodities
- None reported
- Document categories
- Drill results, Resource update
- Extracted
- 2026-10-14 22:45:15 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Rokeby Resources Limited announced further high-grade gold drill results from its maiden diamond drilling program at the Mt Wills Gold Project in Victoria. Intercepts include 0.3m at 138 g/t gold from 139.2m in hole 26SSDH004, which extends a known high-grade shoot at the Sunnyside deposit. These results confirm historical mineralization and are expected to underpin an updated JORC (2012) resource estimate.
Reasoning: Rokeby Resources Limited reported high-grade gold drill results from its maiden program at the Mt Wills Gold Project, confirming and extending known mineralization at the Sunnyside deposit, which is positive for future resource definition.
Positive factors
- High-grade intercept
- Confirms high-grade mineralization
- Extends strike length of a high-grade shoot
- Maiden drill program
- JORC (2012) compliant reporting
- QA/QC procedures disclosed
- Compositing rules disclosed
Negative factors
- Intercepts are narrow
- True width not known
- One hole abandoned due to historical workings
- Historical estimate not JORC (2012) compliant
Facts used in scoring: 3
Classification and evidence
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: The release includes extensive QA/QC disclosure in JORC Table 1 Section 1, mentioning certified standards, blanks, duplicates, and check assays (Photon vs Fire Assay).
Evidence · text
“Certified standards and blanks were inserted into the assay batches.”
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: The release clearly states the compositing rules: 'Results are reported on a 1 ppm Cut off with up to two meters of internal dilution'.
Evidence · text
“Results are reported on a 1 ppm Cut off with up to two meters of internal dilution”
Apparent Width Onlynegative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Why it applies: The release explicitly states that 'All intersections are reported as downhole lengths; true widths have not been determined'.
Evidence · text
“All intersections are reported as downhole lengths; true widths have not been determined”
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: The intercept of 0.3m @ 138 g/t gold is exceptionally high-grade for an orogenic gold deposit.
Evidence · table
“138”
Context: 0.3
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: The 0.3m @ 138g/t gold intersection in 26SSDH004 is described as defining 'a strike extent of at least 15 meters length of a high grade shoot from the previously reported hole SSDH026'.
Evidence · text
“The results from hole four is particularly exciting as it defines a strike extent of at least 15 meters length of a high grade shoot from the previously reported hole SSDH026”
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: The document discusses a 'Historical Estimate of 2.4 Mt at 4.02g/t gold for 320,000 ounces of gold' which is not JORC (2012) compliant and requires further work to be classified as mineral resources or ore reserves.
Evidence · text
“The estimates set out in Table 4 are historical estimates and are not reported in accordance with the JORC Code. A competent person has not done sufficient work to classify the historical estimate as mineral resources or ore reserves in accordance with the JORC Code, and it is uncertain that, following evaluation and/or further exploration work, the historical estimates will be able to be reported as mineral resources or ore reserves in accordance with the JORC Code.”
Historical Estimate Onlynegative
Estimate pre-dates or does not comply with current JORC/NI 43-101 standards — requires verification drilling.
Why it applies: The document explicitly states that the 'Historical Estimate' is not reported in accordance with the JORC Code (2012) and requires further work for classification.
Evidence · text
“The estimates set out in Table 4 are historical estimates and are not reported in accordance with the JORC Code.”
Extracted facts
Stored fact records: 3. Some facts used in scoring do not have a stored record.
Drill Results (3)
26SSDH004Mt Wills · goldGrade: 138Grade Unit: ppmIntercept: 0.3 mView all detailsHide details
Identity
- Hole ID
- 26SSDH004
- Project
- Mt Wills
- Commodity
- gold
- Region
- australia_vic
- Reported Region
- australia_vic
- Ticker
- RKB
Geometry
- Grade
- 138
- Grade Unit
- ppm
- Intercept
- 0.3 m
- From
- 139.2 m
- To
- 139.5 m
- Hole Depth
- 179.05 m
- Intercept Depth
- 139.2 m
Classification
- Deposit Type
- orogenic
- Program
- exploration
- Sample Type
- drill
- Group ID
- 26SSDH004:139.2-139.5
- Mining Method
- underground
Location
- Location
- Sunnyside
- Easting
- 543487
- Northing
- 5923599
- CRS
- MGA 94 Zone 55
- Elevation
- 1257 m
- Azimuth
- 270 °
- Dip
- -53 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- On-Site Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates, umpire
Deleterious
- Deleterious Flag
- No
Metal Equivalent
- Assumptions Disclosed
- No
Compositing
- Cutoff Grade
- 1
- Cutoff Unit
- ppm
- Dilution Disclosed
- Yes
- Max Dilution
- 2 m
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-14T00:00:00.000Z
Reasoning: This intercept returned an exceptionally high gold grade, extending the known high-grade shoot, and is supported by disclosed QA/QC procedures and compositing rules, though true width is not known.
Positive factors
- Bonanza Intercept
- Step-Out Extension
- QA/QC Disclosed
- Compositing Transparent
Negative factors
- Apparent Width Only
Evidence · table
“138”
Context: 0.3
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
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: "An underground mine development programme, including construction of For personal use only 35 Criteria JORC Code explana"
26SSDH005BMt Wills · goldGrade: 5.86Grade Unit: ppmIntercept: 0.35 mView all detailsHide details
Identity
- Hole ID
- 26SSDH005B
- Project
- Mt Wills
- Commodity
- gold
- Region
- australia_vic
- Reported Region
- australia_vic
- Ticker
- RKB
Geometry
- Grade
- 5.86
- Grade Unit
- ppm
- Intercept
- 0.35 m
- From
- 71 m
- To
- 71.35 m
- Hole Depth
- 261.9 m
- Intercept Depth
- 71 m
Classification
- Deposit Type
- orogenic
- Program
- exploration
- Sample Type
- drill
- Group ID
- 26SSDH005B:71-71.35
- Mining Method
- underground
Location
- Location
- Sunnyside
- Easting
- 543485
- Northing
- 5923746
- CRS
- MGA 94 Zone 55
- Elevation
- 1257 m
- Azimuth
- 264 °
- Dip
- -56 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- On-Site Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates, umpire
Deleterious
- Deleterious Flag
- No
Metal Equivalent
- Assumptions Disclosed
- No
Compositing
- Cutoff Grade
- 1
- Cutoff Unit
- ppm
- Dilution Disclosed
- Yes
- Max Dilution
- 2 m
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-14T00:00:00.000Z
Reasoning: This intercept returned a strong gold grade, confirming mineralization, but the hole was deflected and missed the anticipated high-grade zone, and true width is not known.
Positive factors
- Strong Grade
- QA/QC Disclosed
- Compositing Transparent
Negative factors
- Apparent Width Only
- Hole Missed Target
Evidence · table
“5.86”
Context: 0.35
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
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: "An underground mine development programme, including construction of For personal use only 35 Criteria JORC Code explana"
26SSDH005BMt Wills · goldGrade: 4.73Grade Unit: ppmIntercept: 0.1 mView all detailsHide details
Identity
- Hole ID
- 26SSDH005B
- Project
- Mt Wills
- Commodity
- gold
- Region
- australia_vic
- Reported Region
- australia_vic
- Ticker
- RKB
Geometry
- Grade
- 4.73
- Grade Unit
- ppm
- Intercept
- 0.1 m
- From
- 127.65 m
- To
- 127.75 m
- Hole Depth
- 261.9 m
- Intercept Depth
- 71 m
Classification
- Deposit Type
- orogenic
- Program
- exploration
- Sample Type
- drill
- Group ID
- 26SSDH005B:127.65-127.75
- Mining Method
- underground
Location
- Location
- Sunnyside
- Easting
- 543485
- Northing
- 5923746
- CRS
- MGA 94 Zone 55
- Elevation
- 1257 m
- Azimuth
- 264 °
- Dip
- -56 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- On-Site Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates, umpire
Deleterious
- Deleterious Flag
- No
Metal Equivalent
- Assumptions Disclosed
- No
Compositing
- Cutoff Grade
- 1
- Cutoff Unit
- ppm
- Dilution Disclosed
- Yes
- Max Dilution
- 2 m
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-14T00:00:00.000Z
Reasoning: This intercept returned a moderate gold grade, confirming mineralization, but the hole was deflected and missed the anticipated high-grade zone, and true width is not known.
Positive factors
- Moderate Grade
- QA/QC Disclosed
- Compositing Transparent
Negative factors
- Apparent Width Only
- Hole Missed Target
Evidence · table
“4.73”
Context: 0.1
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
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: "An underground mine development programme, including construction of For personal use only 35 Criteria JORC Code explana"
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.