# S2R: Start of Drilling Gold and Copper Targets at Warraweena, NSW Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/s2r-start-of-drilling-gold-and-copper-targets-at-warraweena-nsw--28c8ca2e-c7e6-43a0-a93a-e739a3ffafcc Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03153116 Publisher: asx Original announcement: 2026-10-15T21:24:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-15T22:16:27.930Z Atlas analysis updated: 2026-10-15T22:16:27.930Z - Company: S2 Resources Ltd - Ticker: S2R - Exchange: ASX - Region: New South Wales - Primary commodity: Gold - Secondary commodities: Copper, Arsenic - Document categories: Other, Drill results - Extracted: 2026-10-15 22:16:28 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary S2 Resources has commenced diamond drilling at the Warraweena project in New South Wales. The program will first target the T37 gold anomaly before moving to the Lilyfield copper target, with completion expected by mid-December 2026. Reasoning: The announcement marks the commencement of a drilling program at two targets, but contains no new assay results, only restatements of historical intercepts to provide context for the upcoming work. - Positive factor: drilling rig on site - Positive factor: two distinct targets \(gold and copper\) being tested - Negative factor: historical gold intercept is low grade - Negative factor: uncertain collar position for historical gold hole Facts used in scoring: 4 ## Classification and evidence **Stale Data Re-release** Polarity: negative Story-specific tag Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: The announcement focuses on the start of drilling but relies on restating historical intercepts from the 1980s and early 2026 to justify the targets. Evidence · text > follow up an intercept of 4 metres @ 1.1 g/t gold... in DDHT-37, a solitary diamond hole drilled over 40 years ago ## Extracted facts Stored fact records: 4. Some facts used in scoring do not have a stored record. ## Drill Results (4) ### DDHT-37 [Link to this fact](https://atlas-staging.minestarters.com/news/s2r-start-of-drilling-gold-and-copper-targets-at-warraweena-nsw--28c8ca2e-c7e6-43a0-a93a-e739a3ffafcc#fact-drill-facts-0) Warraweena · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: DDHT-37 - Project: Warraweena - Commodity: gold - Region: australia\_nsw - Reported Region: australia\_nsw - Ticker: S2R #### Geometry - Grade: 0.75 - Grade Unit: g/t - Intercept: 4 m - From: 127 m - To: 131 m - Intercept Depth: 127 m #### Classification - Sample Type: drill - Group ID: DDHT-37:127-131 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 1980-01-01T00:00:00.000Z #### Dates - Event date: 2026-10-15T00:00:00.000Z Reasoning: Historical intercept restated for context; grade is low \(0.75 g/t Au\) and collar position is uncertain due to vintage. - Negative factor: low grade - Negative factor: uncertain collar location Evidence · text > 4 metres @ 0.75 g/t gold\) in DDHT-37, a solitary diamond hole drilled over 40 years ago #### 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 ### DDHT-37 [Link to this fact](https://atlas-staging.minestarters.com/news/s2r-start-of-drilling-gold-and-copper-targets-at-warraweena-nsw--28c8ca2e-c7e6-43a0-a93a-e739a3ffafcc#fact-drill-facts-1) Warraweena · arsenic Historical result Needs review: historical\_restatement #### Identity - Hole ID: DDHT-37 - Project: Warraweena - Commodity: arsenic - Region: australia\_nsw - Reported Region: australia\_nsw - Ticker: S2R #### Geometry - Grade: 6000 - Grade Unit: ppm - Intercept: 4 m - From: 127 m - To: 131 m - Intercept Depth: 127 m #### Classification - Sample Type: drill - Group ID: DDHT-37:127-131 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 1980-01-01T00:00:00.000Z #### Dates - Event date: 2026-10-15T00:00:00.000Z Reasoning: Historical arsenic grade restated as part of the DDHT-37 intercept context. Evidence · text > 4 metres @ 1.1 g/t gold and 6000 ppm arsenic from 127 metres #### 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 ### SWAD0003 [Link to this fact](https://atlas-staging.minestarters.com/news/s2r-start-of-drilling-gold-and-copper-targets-at-warraweena-nsw--28c8ca2e-c7e6-43a0-a93a-e739a3ffafcc#fact-drill-facts-2) Warraweena · copper Historical result Needs review: historical\_restatement #### Identity - Hole ID: SWAD0003 - Project: Warraweena - Commodity: copper - Region: australia\_nsw - Reported Region: australia\_nsw - Ticker: S2R #### Geometry - Grade: 601 - Grade Unit: ppm - Intercept: 17 m - From: 147.5 m - To: 164.5 m - Hole Depth: 182.2 m - Intercept Depth: 147.5 m #### Classification - Sample Type: drill - Group ID: SWAD0003:147.5-164.5 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-01-02T00:00:00.000Z #### Dates - Event date: 2026-10-15T00:00:00.000Z Reasoning: Historical copper intercept restated to define the Lilyfield target; 17m width is notable for a copper target. - Positive factor: significant width Evidence · text > anomalous copper intercept of 17 metres @ 601ppm copper from 147.5 metres #### 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 ### SWAD0003 [Link to this fact](https://atlas-staging.minestarters.com/news/s2r-start-of-drilling-gold-and-copper-targets-at-warraweena-nsw--28c8ca2e-c7e6-43a0-a93a-e739a3ffafcc#fact-drill-facts-3) Warraweena · copper Historical result Needs review: historical\_restatement #### Identity - Hole ID: SWAD0003 - Project: Warraweena - Commodity: copper - Region: australia\_nsw - Reported Region: australia\_nsw - Ticker: S2R #### Geometry - Grade: 0.12 - Grade Unit: % - Intercept: 1 m - From: 158.8 m - To: 159.8 m - Hole Depth: 182.2 m - Intercept Depth: 158.8 m #### Classification - Sample Type: drill - Group ID: SWAD0003:158.8-159.8 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-01-02T00:00:00.000Z #### Dates - Event date: 2026-10-15T00:00:00.000Z Reasoning: Sub-interval of the historical SWAD0003 intercept; narrow width \(1m\). - Negative factor: very narrow interval Evidence · text > including 1 metre @ 0.12% copper from 158.8 metres #### 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 ## 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.