SHN: Annual Report to shareholders
Original announcement by asx on
- Company
- Sunshine Metals Limited
- Ticker
- SHN
- Exchange
- ASX
- Region
- North Queensland
- Primary commodity
- Gold
- Secondary commodities
- Silver, Copper, Zinc, Lead
- Document categories
- Other, Drill results, Resource update
- Extracted
- 2026-10-19 08:12:36 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Sunshine Metals Limited's 2026 Annual Report highlights a transformative year, marked by the strategic acquisition of the Mt Moss processing facility, significant growth in the Liontown Mineral Resource, and promising high-grade drill results from its Liontown and Sybil projects in North Queensland. The company is progressing towards first gold production in mid-2027, supported by successful capital raisings that have strengthened its financial position. Despite reporting a loss and a going concern note, the company is advancing its clear pathway from explorer to near-term gold producer.
Reasoning: The annual report details significant strategic and operational advancements, including the acquisition of a processing facility, resource growth, and strong exploration results, positioning the company for gold production, despite ongoing losses and a going concern note.
Positive factors
- Acquisition of Mt Moss processing facility, advancing towards gold production
- Significant resource increase for Liontown
- Strong high-grade drill results from Liontown and Sybil
- Successful capital raisings, strengthening cash position
- Progress on mining and environmental approvals
Negative factors
- Company is still in a loss-making position
- Material uncertainty regarding going concern noted by auditor, dependent on future funding
- Mt Moss acquisition involves a deferred payment and assumption of environmental liabilities
Low confidence — this extraction should be reviewed alongside the original source.
Facts used in scoring: 67
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 explicitly states that field quality control procedures, including standards, blanks, and duplicates, were employed, and assaying was undertaken by certified laboratories Intertek and ALS.
Evidence · text
“Sunshine Metals employs field quality control (QC) procedures, including addition of standards, blanks and duplicates ahead of assaying which was undertaken using industry standard fire assay at Intertek and ALS laboratories in Townsville.”
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: The report explicitly states that the information relating to Exploration Results and Mineral Resources is compiled and reviewed by Competent Persons (Mr Matt Price, Mr Lyon Barrett, Dr Damien Keys, Mr Stuart Hutchin) who are members of recognized professional associations and consent to the inclusion of their information.
Evidence · text
“The information in this report that relates to Exploration Results is based on, and fairly represents, information compiled by Mr Matt Price, a Competent Person who is a Member of the Australian Institute of Geoscientists (AIG) and the Australian Institute of Mining and Metallurgy (AusIMM).”
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: The resource statement explicitly conforms to the JORC Code 2012 Edition.
Evidence · text
“The preceding statement of Resources conforms to the ‘Australian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code) 2012 Edition’.”
Metal Equivalent Opaquenegative
Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.
Why it applies: The metal equivalent grades are reported with explicit disclosure of the prices and metallurgical recoveries used in their calculation.
Evidence · text
“The gold and zinc equivalent grades for Greater Liontown (g/t AuEq, % ZnEq) are based on the following prices: US$3,300t Zn, US$13,000t Cu, US$1,800t Pb, US$3,500oz Au, US$60oz Ag. For Liontown, metallurgical metal recoveries are broken into two domains: oxide/transitional and fresh. Each domain and associated recoveries are supported by metallurgical test work and are: Oxide/Transitional (Liontown) 0% Zn, 0% Cu, 0% Pb, 85% Au, 65% Ag & Fresh 88.8% Zn, 80% Cu, 70% Pb, 80% Au, 65% Ag.”
Extracted facts
Stored fact records: 61. Some facts used in scoring do not have a stored record.
Drill Results (58)
25LTRC070Liontown East · goldGrade: 6.68Grade Unit: g/tIntercept: 30 mView all detailsHide details
Identity
- Hole ID
- 25LTRC070
- Project
- Liontown East
- Commodity
- gold
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- SHN
Geometry
- Grade
- 6.68
- Grade Unit
- g/t
- Intercept
- 30 m
- From
- 17 m
- To
- 47 m
- Intercept Depth
- 17 m
Classification
- Deposit Type
- vms
- Program
- resource
- Sample Type
- drill
- Group ID
- 25LTRC070:17-47
- Mining Method
- mixed
QA/QC
- Laboratory
- Intertek and ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: A high-grade gold intercept of 30m at 6.68 g/t Au, part of a grade control program, indicates good continuity and supports mine planning.
Positive factors
- High-grade gold intercept
- Significant intercept length
- Part of grade control drilling for open-pit mining
Evidence · text
“30m @ 6.68g/t Au & 528g/t Ag from 17m (25LTRC070)”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
25LTRC070Liontown East · silverGrade: 528Grade Unit: g/tIntercept: 30 mView all detailsHide details
Identity
- Hole ID
- 25LTRC070
- Project
- Liontown East
- Commodity
- silver
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- SHN
Geometry
- Grade
- 528
- Grade Unit
- g/t
- Intercept
- 30 m
- From
- 17 m
- To
- 47 m
- Intercept Depth
- 17 m
Classification
- Deposit Type
- vms
- Program
- resource
- Sample Type
- drill
- Group ID
- 25LTRC070:17-47
- Mining Method
- mixed
QA/QC
- Laboratory
- Intertek and ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: A high-grade silver intercept of 30m at 528 g/t Ag, part of a grade control program, indicates good continuity and supports mine planning.
Positive factors
- High-grade silver intercept
- Significant intercept length
- Part of grade control drilling for open-pit mining
Evidence · text
“30m @ 6.68g/t Au & 528g/t Ag from 17m (25LTRC070)”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
25LTRC070Liontown East · goldGrade: 52.12Grade Unit: g/tIntercept: 3 mView all detailsHide details
Identity
- Hole ID
- 25LTRC070
- Project
- Liontown East
- Commodity
- gold
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- SHN
Geometry
- Grade
- 52.12
- Grade Unit
- g/t
- Intercept
- 3 m
- From
- 17 m
- To
- 20 m
- Intercept Depth
- 17 m
Classification
- Deposit Type
- vms
- Program
- resource
- Sample Type
- drill
- Group ID
- 25LTRC070:17-20
- Mining Method
- mixed
QA/QC
- Laboratory
- Intertek and ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: A bonanza grade gold intercept of 3m at 52.12 g/t Au highlights very high-grade zones within the broader mineralization, enhancing the project's potential.
Positive factors
- Bonanza grade gold intercept
- Confirms high-grade zones within broader mineralization
Evidence · text
“including 3m @ 52.12g/t Au & 4,252g/t Ag from 17m”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
25LTRC070Liontown East · silverGrade: 4252Grade Unit: g/tIntercept: 3 mView all detailsHide details
Identity
- Hole ID
- 25LTRC070
- Project
- Liontown East
- Commodity
- silver
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- SHN
Geometry
- Grade
- 4252
- Grade Unit
- g/t
- Intercept
- 3 m
- From
- 17 m
- To
- 20 m
- Intercept Depth
- 17 m
Classification
- Deposit Type
- vms
- Program
- resource
- Sample Type
- drill
- Group ID
- 25LTRC070:17-20
- Mining Method
- mixed
QA/QC
- Laboratory
- Intertek and ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: A bonanza grade silver intercept of 3m at 4,252 g/t Ag highlights very high-grade zones within the broader mineralization, enhancing the project's potential.
Positive factors
- Bonanza grade silver intercept
- Confirms high-grade zones within broader mineralization
Evidence · text
“including 3m @ 52.12g/t Au & 4,252g/t Ag from 17m”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
25LTRC052Liontown East · goldGrade: 7.31Grade Unit: g/tIntercept: 8 mView all detailsHide details
Identity
- Hole ID
- 25LTRC052
- Project
- Liontown East
- Commodity
- gold
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- SHN
Geometry
- Grade
- 7.31
- Grade Unit
- g/t
- Intercept
- 8 m
- From
- 10 m
- To
- 18 m
- Intercept Depth
- 10 m
Classification
- Deposit Type
- vms
- Program
- resource
- Sample Type
- drill
- Group ID
- 25LTRC052:10-18
- Mining Method
- mixed
QA/QC
- Laboratory
- Intertek and ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: A high-grade gold intercept of 8m at 7.31 g/t Au from a shallow depth of 10m indicates potential for open-pit mining.
Positive factors
- High-grade gold intercept
- Shallow mineralization
Evidence · text
“8m @ 7.31g/t Au & 1,321g/t Ag from 10m (25LTRC052)”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
25LTRC052Liontown East · silverGrade: 1321Grade Unit: g/tIntercept: 8 mView all detailsHide details
Identity
- Hole ID
- 25LTRC052
- Project
- Liontown East
- Commodity
- silver
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- SHN
Geometry
- Grade
- 1321
- Grade Unit
- g/t
- Intercept
- 8 m
- From
- 10 m
- To
- 18 m
- Intercept Depth
- 10 m
Classification
- Deposit Type
- vms
- Program
- resource
- Sample Type
- drill
- Group ID
- 25LTRC052:10-18
- Mining Method
- mixed
QA/QC
- Laboratory
- Intertek and ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: A high-grade silver intercept of 8m at 1,321 g/t Ag from a shallow depth of 10m indicates potential for open-pit mining.
Positive factors
- High-grade silver intercept
- Shallow mineralization
Evidence · text
“8m @ 7.31g/t Au & 1,321g/t Ag from 10m (25LTRC052)”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
25LTRC052Liontown East · goldGrade: 6.78Grade Unit: g/tIntercept: 3 mView all detailsHide details
Identity
- Hole ID
- 25LTRC052
- Project
- Liontown East
- Commodity
- gold
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- SHN
Geometry
- Grade
- 6.78
- Grade Unit
- g/t
- Intercept
- 3 m
- From
- 13 m
- To
- 16 m
- Intercept Depth
- 13 m
Classification
- Deposit Type
- vms
- Program
- resource
- Sample Type
- drill
- Group ID
- 25LTRC052:13-16
- Mining Method
- mixed
QA/QC
- Laboratory
- Intertek and ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: A high-grade gold sub-interval of 3m at 6.78 g/t Au from 13m confirms the presence of higher-grade zones within the broader intercept.
Positive factors
- High-grade gold sub-interval
- Confirms high-grade zones within broader mineralization
Evidence · text
“including 3m @ 6.78g/t Au & 2,410g/t Ag from 13m”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
25LTRC052Liontown East · silverGrade: 2410Grade Unit: g/tIntercept: 3 mView all detailsHide details
Identity
- Hole ID
- 25LTRC052
- Project
- Liontown East
- Commodity
- silver
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- SHN
Geometry
- Grade
- 2410
- Grade Unit
- g/t
- Intercept
- 3 m
- From
- 13 m
- To
- 16 m
- Intercept Depth
- 13 m
Classification
- Deposit Type
- vms
- Program
- resource
- Sample Type
- drill
- Group ID
- 25LTRC052:13-16
- Mining Method
- mixed
QA/QC
- Laboratory
- Intertek and ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: A high-grade silver sub-interval of 3m at 2,410 g/t Ag from 13m confirms the presence of higher-grade zones within the broader intercept.
Positive factors
- High-grade silver sub-interval
- Confirms high-grade zones within broader mineralization
Evidence · text
“including 3m @ 6.78g/t Au & 2,410g/t Ag from 13m”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
25LTRC071Liontown East · goldGrade: 7.08Grade Unit: g/tIntercept: 24 mView all detailsHide details
Identity
- Hole ID
- 25LTRC071
- Project
- Liontown East
- Commodity
- gold
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- SHN
Geometry
- Grade
- 7.08
- Grade Unit
- g/t
- Intercept
- 24 m
- From
- 14 m
- To
- 38 m
- Intercept Depth
- 14 m
Classification
- Deposit Type
- vms
- Program
- resource
- Sample Type
- drill
- Group ID
- 25LTRC071:14-38
- Mining Method
- mixed
QA/QC
- Laboratory
- Intertek and ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: A high-grade gold intercept of 24m at 7.08 g/t Au from a shallow depth of 14m indicates good continuity and potential for open-pit mining.
Positive factors
- High-grade gold intercept
- Significant intercept length
- Shallow mineralization
Evidence · text
“24m @ 7.08g/t Au & 305g/t Ag from 14m (25LTRC071)”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
25LTRC071Liontown East · silverGrade: 305Grade Unit: g/tIntercept: 24 mView all detailsHide details
Identity
- Hole ID
- 25LTRC071
- Project
- Liontown East
- Commodity
- silver
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- SHN
Geometry
- Grade
- 305
- Grade Unit
- g/t
- Intercept
- 24 m
- From
- 14 m
- To
- 38 m
- Intercept Depth
- 14 m
Classification
- Deposit Type
- vms
- Program
- resource
- Sample Type
- drill
- Group ID
- 25LTRC071:14-38
- Mining Method
- mixed
QA/QC
- Laboratory
- Intertek and ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: A high-grade silver intercept of 24m at 305 g/t Ag from a shallow depth of 14m indicates good continuity and potential for open-pit mining.
Positive factors
- High-grade silver intercept
- Significant intercept length
- Shallow mineralization
Evidence · text
“24m @ 7.08g/t Au & 305g/t Ag from 14m (25LTRC071)”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
25LTRC071Liontown East · goldGrade: 44.18Grade Unit: g/tIntercept: 3 mView all detailsHide details
Identity
- Hole ID
- 25LTRC071
- Project
- Liontown East
- Commodity
- gold
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- SHN
Geometry
- Grade
- 44.18
- Grade Unit
- g/t
- Intercept
- 3 m
- From
- 14 m
- To
- 17 m
- Intercept Depth
- 14 m
Classification
- Deposit Type
- vms
- Program
- resource
- Sample Type
- drill
- Group ID
- 25LTRC071:14-17
- Mining Method
- mixed
QA/QC
- Laboratory
- Intertek and ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: A bonanza grade gold sub-interval of 3m at 44.18 g/t Au from 14m confirms the presence of very high-grade zones within the broader intercept.
Positive factors
- Bonanza grade gold intercept
- Confirms high-grade zones within broader mineralization
Evidence · text
“including 3m @ 44.18g/t Au & 1,946g/t Ag from 14m”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
25LTRC071Liontown East · silverGrade: 1946Grade Unit: g/tIntercept: 3 mView all detailsHide details
Identity
- Hole ID
- 25LTRC071
- Project
- Liontown East
- Commodity
- silver
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- SHN
Geometry
- Grade
- 1946
- Grade Unit
- g/t
- Intercept
- 3 m
- From
- 14 m
- To
- 17 m
- Intercept Depth
- 14 m
Classification
- Deposit Type
- vms
- Program
- resource
- Sample Type
- drill
- Group ID
- 25LTRC071:14-17
- Mining Method
- mixed
QA/QC
- Laboratory
- Intertek and ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: A bonanza grade silver sub-interval of 3m at 1,946 g/t Ag from 14m confirms the presence of very high-grade zones within the broader intercept.
Positive factors
- Bonanza grade silver intercept
- Confirms high-grade zones within broader mineralization
Evidence · text
“including 3m @ 44.18g/t Au & 1,946g/t Ag from 14m”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
25LTRC069Liontown East · goldGrade: 5.62Grade Unit: g/tIntercept: 20 mView all detailsHide details
Identity
- Hole ID
- 25LTRC069
- Project
- Liontown East
- Commodity
- gold
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- SHN
Geometry
- Grade
- 5.62
- Grade Unit
- g/t
- Intercept
- 20 m
- From
- 8 m
- To
- 28 m
- Intercept Depth
- 8 m
Classification
- Deposit Type
- vms
- Program
- resource
- Sample Type
- drill
- Group ID
- 25LTRC069:8-28
- Mining Method
- mixed
QA/QC
- Laboratory
- Intertek and ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: A high-grade gold intercept of 20m at 5.62 g/t Au from a shallow depth of 8m indicates good continuity and potential for open-pit mining.
Positive factors
- High-grade gold intercept
- Significant intercept length
- Shallow mineralization
Evidence · text
“20m @ 5.62g/t Au & 310g/t Ag from 8m (25LTRC069)”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
25LTRC069Liontown East · silverGrade: 310Grade Unit: g/tIntercept: 20 mView all detailsHide details
Identity
- Hole ID
- 25LTRC069
- Project
- Liontown East
- Commodity
- silver
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- SHN
Geometry
- Grade
- 310
- Grade Unit
- g/t
- Intercept
- 20 m
- From
- 8 m
- To
- 28 m
- Intercept Depth
- 8 m
Classification
- Deposit Type
- vms
- Program
- resource
- Sample Type
- drill
- Group ID
- 25LTRC069:8-28
- Mining Method
- mixed
QA/QC
- Laboratory
- Intertek and ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: A high-grade silver intercept of 20m at 310 g/t Ag from a shallow depth of 8m indicates good continuity and potential for open-pit mining.
Positive factors
- High-grade silver intercept
- Significant intercept length
- Shallow mineralization
Evidence · text
“20m @ 5.62g/t Au & 310g/t Ag from 8m (25LTRC069)”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
25LTRC069Liontown East · goldGrade: 14.79Grade Unit: g/tIntercept: 5 mView all detailsHide details
Identity
- Hole ID
- 25LTRC069
- Project
- Liontown East
- Commodity
- gold
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- SHN
Geometry
- Grade
- 14.79
- Grade Unit
- g/t
- Intercept
- 5 m
- From
- 8 m
- To
- 13 m
- Intercept Depth
- 8 m
Classification
- Deposit Type
- vms
- Program
- resource
- Sample Type
- drill
- Group ID
- 25LTRC069:8-13
- Mining Method
- mixed
QA/QC
- Laboratory
- Intertek and ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: A high-grade gold sub-interval of 5m at 14.79 g/t Au from 8m confirms the presence of higher-grade zones within the broader intercept.
Positive factors
- High-grade gold sub-interval
- Confirms high-grade zones within broader mineralization
Evidence · text
“including 5m @ 14.79g/t Au & 1,164g/t Ag”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
25LTRC069Liontown East · silverGrade: 1164Grade Unit: g/tIntercept: 5 mView all detailsHide details
Identity
- Hole ID
- 25LTRC069
- Project
- Liontown East
- Commodity
- silver
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- SHN
Geometry
- Grade
- 1164
- Grade Unit
- g/t
- Intercept
- 5 m
- From
- 8 m
- To
- 13 m
- Intercept Depth
- 8 m
Classification
- Deposit Type
- vms
- Program
- resource
- Sample Type
- drill
- Group ID
- 25LTRC069:8-13
- Mining Method
- mixed
QA/QC
- Laboratory
- Intertek and ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: A high-grade silver sub-interval of 5m at 1,164 g/t Ag from 8m confirms the presence of higher-grade zones within the broader intercept.
Positive factors
- High-grade silver sub-interval
- Confirms high-grade zones within broader mineralization
Evidence · text
“including 5m @ 14.79g/t Au & 1,164g/t Ag”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
25LTRC062Liontown East · goldGrade: 6.91Grade Unit: g/tIntercept: 5 mView all detailsHide details
Identity
- Hole ID
- 25LTRC062
- Project
- Liontown East
- Commodity
- gold
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- SHN
Geometry
- Grade
- 6.91
- Grade Unit
- g/t
- Intercept
- 5 m
- From
- 21 m
- To
- 26 m
- Intercept Depth
- 21 m
Classification
- Deposit Type
- vms
- Program
- resource
- Sample Type
- drill
- Group ID
- 25LTRC062:21-26
- Mining Method
- mixed
QA/QC
- Laboratory
- Intertek and ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: A high-grade gold intercept of 5m at 6.91 g/t Au from 21m contributes to the overall understanding of the shallow mineralization.
Positive factors
- High-grade gold intercept
- Shallow mineralization
Evidence · text
“5m @ 6.91g/t Au & 168g/t Ag from 21m (25LTRC062)”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
25LTRC062Liontown East · silverGrade: 168Grade Unit: g/tIntercept: 5 mView all detailsHide details
Identity
- Hole ID
- 25LTRC062
- Project
- Liontown East
- Commodity
- silver
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- SHN
Geometry
- Grade
- 168
- Grade Unit
- g/t
- Intercept
- 5 m
- From
- 21 m
- To
- 26 m
- Intercept Depth
- 21 m
Classification
- Deposit Type
- vms
- Program
- resource
- Sample Type
- drill
- Group ID
- 25LTRC062:21-26
- Mining Method
- mixed
QA/QC
- Laboratory
- Intertek and ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: A moderate-grade silver intercept of 5m at 168 g/t Ag from 21m contributes to the overall understanding of the shallow mineralization.
Positive factors
- Moderate-grade silver intercept
- Shallow mineralization
Evidence · text
“5m @ 6.91g/t Au & 168g/t Ag from 21m (25LTRC062)”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
25LTRC062Liontown East · goldGrade: 3.45Grade Unit: g/tIntercept: 14 mView all detailsHide details
Identity
- Hole ID
- 25LTRC062
- Project
- Liontown East
- Commodity
- gold
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- SHN
Geometry
- Grade
- 3.45
- Grade Unit
- g/t
- Intercept
- 14 m
- From
- 33 m
- To
- 47 m
- Intercept Depth
- 33 m
Classification
- Deposit Type
- vms
- Program
- resource
- Sample Type
- drill
- Group ID
- 25LTRC062:33-47
- Mining Method
- mixed
QA/QC
- Laboratory
- Intertek and ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: A moderate-grade gold intercept of 14m at 3.45 g/t Au from 33m adds to the understanding of the mineralization at this depth.
Positive factors
- Moderate-grade gold intercept
- Significant intercept length
Evidence · text
“14m @ 3.45g/t Au & 592g/t Ag from 33m”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
25LTRC062Liontown East · silverGrade: 592Grade Unit: g/tIntercept: 14 mView all detailsHide details
Identity
- Hole ID
- 25LTRC062
- Project
- Liontown East
- Commodity
- silver
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- SHN
Geometry
- Grade
- 592
- Grade Unit
- g/t
- Intercept
- 14 m
- From
- 33 m
- To
- 47 m
- Intercept Depth
- 33 m
Classification
- Deposit Type
- vms
- Program
- resource
- Sample Type
- drill
- Group ID
- 25LTRC062:33-47
- Mining Method
- mixed
QA/QC
- Laboratory
- Intertek and ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: A high-grade silver intercept of 14m at 592 g/t Ag from 33m adds to the understanding of the mineralization at this depth.
Positive factors
- High-grade silver intercept
- Significant intercept length
Evidence · text
“14m @ 3.45g/t Au & 592g/t Ag from 33m”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
26LTRC002Liontown East · goldGrade: 5.87Grade Unit: g/tIntercept: 7 mView all detailsHide details
Identity
- Hole ID
- 26LTRC002
- Project
- Liontown East
- Commodity
- gold
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- SHN
Geometry
- Grade
- 5.87
- Grade Unit
- g/t
- Intercept
- 7 m
- From
- 0 m
- To
- 7 m
- Intercept Depth
- 0 m
Classification
- Deposit Type
- vms
- Program
- resource
- Sample Type
- drill
- Group ID
- 26LTRC002:0-7
- Mining Method
- mixed
QA/QC
- Laboratory
- Intertek and ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: A high-grade gold intercept of 7m at 5.87 g/t Au from surface indicates potential for early-stage open-pit mining.
Positive factors
- High-grade gold intercept
- Mineralization from surface
Evidence · text
“7m @ 5.87g/t Au from surface (26LTRC002)”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
26LTRC002Liontown East · goldGrade: 30.1Grade Unit: g/tIntercept: 1 mView all detailsHide details
Identity
- Hole ID
- 26LTRC002
- Project
- Liontown East
- Commodity
- gold
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- SHN
Geometry
- Grade
- 30.1
- Grade Unit
- g/t
- Intercept
- 1 m
- From
- 6 m
- To
- 7 m
- Intercept Depth
- 6 m
Classification
- Deposit Type
- vms
- Program
- resource
- Sample Type
- drill
- Group ID
- 26LTRC002:6-7
- Mining Method
- mixed
QA/QC
- Laboratory
- Intertek and ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: A bonanza grade gold sub-interval of 1m at 30.10 g/t Au from 6m confirms the presence of very high-grade zones near surface.
Positive factors
- Bonanza grade gold sub-interval
- Confirms very high-grade zones near surface
Evidence · text
“including 1m @ 30.10g/t Au from 6m”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
26LTRC017Liontown East · goldGrade: 25.01Grade Unit: g/tIntercept: 3 mView all detailsHide details
Identity
- Hole ID
- 26LTRC017
- Project
- Liontown East
- Commodity
- gold
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- SHN
Geometry
- Grade
- 25.01
- Grade Unit
- g/t
- Intercept
- 3 m
- From
- 14 m
- To
- 17 m
- Intercept Depth
- 14 m
Classification
- Deposit Type
- vms
- Program
- resource
- Sample Type
- drill
- Group ID
- 26LTRC017:14-17
- Mining Method
- mixed
QA/QC
- Laboratory
- Intertek and ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: A bonanza grade gold intercept of 3m at 25.01 g/t Au from 14m indicates very high-grade shallow mineralization.
Positive factors
- Bonanza grade gold intercept
- Shallow mineralization
Evidence · text
“3m @ 25.01g/t Au from 14m (26LTRC017)”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
26LTRC017Liontown East · goldGrade: 68.8Grade Unit: g/tIntercept: 1 mView all detailsHide details
Identity
- Hole ID
- 26LTRC017
- Project
- Liontown East
- Commodity
- gold
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- SHN
Geometry
- Grade
- 68.8
- Grade Unit
- g/t
- Intercept
- 1 m
- From
- 15 m
- To
- 16 m
- Intercept Depth
- 15 m
Classification
- Deposit Type
- vms
- Program
- resource
- Sample Type
- drill
- Group ID
- 26LTRC017:15-16
- Mining Method
- mixed
QA/QC
- Laboratory
- Intertek and ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: A bonanza grade gold sub-interval of 1m at 68.80 g/t Au from 15m confirms the presence of extremely high-grade zones within the broader intercept.
Positive factors
- Bonanza grade gold sub-interval
- Confirms extremely high-grade zones within broader mineralization
Evidence · text
“including 1m @ 68.80g/t Au from 15m”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
26LTRC019Liontown East · goldGrade: 4.15Grade Unit: g/tIntercept: 7 mView all detailsHide details
Identity
- Hole ID
- 26LTRC019
- Project
- Liontown East
- Commodity
- gold
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- SHN
Geometry
- Grade
- 4.15
- Grade Unit
- g/t
- Intercept
- 7 m
- From
- 61 m
- To
- 68 m
- Intercept Depth
- 61 m
Classification
- Deposit Type
- vms
- Program
- resource
- Sample Type
- drill
- Group ID
- 26LTRC019:61-68
- Mining Method
- mixed
QA/QC
- Laboratory
- Intertek and ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: A moderate-grade gold intercept of 7m at 4.15 g/t Au from 61m contributes to the understanding of mineralization at this depth.
Positive factors
- Moderate-grade gold intercept
Evidence · text
“7m @ 4.15g/t Au & 19g/t Ag from 61m (26LTRC019)”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
26LTRC019Liontown East · silverGrade: 19Grade Unit: g/tIntercept: 7 mView all detailsHide details
Identity
- Hole ID
- 26LTRC019
- Project
- Liontown East
- Commodity
- silver
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- SHN
Geometry
- Grade
- 19
- Grade Unit
- g/t
- Intercept
- 7 m
- From
- 61 m
- To
- 68 m
- Intercept Depth
- 61 m
Classification
- Deposit Type
- vms
- Program
- resource
- Sample Type
- drill
- Group ID
- 26LTRC019:61-68
- Mining Method
- mixed
QA/QC
- Laboratory
- Intertek and ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: A weak silver grade of 19 g/t Ag over 7m from 61m is below typical economic thresholds for silver.
Negative factors
- Weak silver grade
Evidence · text
“7m @ 4.15g/t Au & 19g/t Ag from 61m (26LTRC019)”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
26LTRC019Liontown East · goldGrade: 11.9Grade Unit: g/tIntercept: 2 mView all detailsHide details
Identity
- Hole ID
- 26LTRC019
- Project
- Liontown East
- Commodity
- gold
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- SHN
Geometry
- Grade
- 11.9
- Grade Unit
- g/t
- Intercept
- 2 m
- From
- 61 m
- To
- 63 m
- Intercept Depth
- 61 m
Classification
- Deposit Type
- vms
- Program
- resource
- Sample Type
- drill
- Group ID
- 26LTRC019:61-63
- Mining Method
- mixed
QA/QC
- Laboratory
- Intertek and ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: A high-grade gold sub-interval of 2m at 11.90 g/t Au from 61m confirms the presence of higher-grade zones within the broader intercept.
Positive factors
- High-grade gold sub-interval
- Confirms high-grade zones within broader mineralization
Evidence · text
“including 2m @ 11.90g/t Au & 48g/t Ag from 61m”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
26LTRC019Liontown East · silverGrade: 48Grade Unit: g/tIntercept: 2 mView all detailsHide details
Identity
- Hole ID
- 26LTRC019
- Project
- Liontown East
- Commodity
- silver
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- SHN
Geometry
- Grade
- 48
- Grade Unit
- g/t
- Intercept
- 2 m
- From
- 61 m
- To
- 63 m
- Intercept Depth
- 61 m
Classification
- Deposit Type
- vms
- Program
- resource
- Sample Type
- drill
- Group ID
- 26LTRC019:61-63
- Mining Method
- mixed
QA/QC
- Laboratory
- Intertek and ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: A moderate silver grade of 48 g/t Ag over 2m from 61m is a positive but not exceptional result.
Negative factors
- Moderate silver grade
Evidence · text
“including 2m @ 11.90g/t Au & 48g/t Ag from 61m”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
26LTRC045Liontown East · goldGrade: 2.34Grade Unit: g/tIntercept: 19 mView all detailsHide details
Identity
- Hole ID
- 26LTRC045
- Project
- Liontown East
- Commodity
- gold
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- SHN
Geometry
- Grade
- 2.34
- Grade Unit
- g/t
- Intercept
- 19 m
- From
- 49 m
- To
- 68 m
- Intercept Depth
- 49 m
Classification
- Deposit Type
- vms
- Program
- resource
- Sample Type
- drill
- Group ID
- 26LTRC045:49-68
- Mining Method
- mixed
QA/QC
- Laboratory
- Intertek and ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: A moderate-grade gold intercept of 19m at 2.34 g/t Au from 49m contributes to the overall understanding of the mineralization.
Positive factors
- Moderate-grade gold intercept
- Significant intercept length
Evidence · text
“19m @ 2.34g/t Au & 184g/t Ag from 49m (26LTRC045)”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
26LTRC045Liontown East · silverGrade: 184Grade Unit: g/tIntercept: 19 mView all detailsHide details
Identity
- Hole ID
- 26LTRC045
- Project
- Liontown East
- Commodity
- silver
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- SHN
Geometry
- Grade
- 184
- Grade Unit
- g/t
- Intercept
- 19 m
- From
- 49 m
- To
- 68 m
- Intercept Depth
- 49 m
Classification
- Deposit Type
- vms
- Program
- resource
- Sample Type
- drill
- Group ID
- 26LTRC045:49-68
- Mining Method
- mixed
QA/QC
- Laboratory
- Intertek and ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: A moderate-grade silver intercept of 19m at 184 g/t Ag from 49m contributes to the overall understanding of the mineralization.
Positive factors
- Moderate-grade silver intercept
- Significant intercept length
Evidence · text
“19m @ 2.34g/t Au & 184g/t Ag from 49m (26LTRC045)”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
26LTRC045Liontown East · goldGrade: 12.75Grade Unit: g/tIntercept: 1 mView all detailsHide details
Identity
- Hole ID
- 26LTRC045
- Project
- Liontown East
- Commodity
- gold
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- SHN
Geometry
- Grade
- 12.75
- Grade Unit
- g/t
- Intercept
- 1 m
- From
- 60 m
- To
- 61 m
- Intercept Depth
- 60 m
Classification
- Deposit Type
- vms
- Program
- resource
- Sample Type
- drill
- Group ID
- 26LTRC045:60-61
- Mining Method
- mixed
QA/QC
- Laboratory
- Intertek and ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: A high-grade gold sub-interval of 1m at 12.75 g/t Au from 60m confirms the presence of higher-grade zones within the broader intercept.
Positive factors
- High-grade gold sub-interval
- Confirms high-grade zones within broader mineralization
Evidence · text
“including 1m @ 12.75g/t Au & 298g/t Ag from 60m”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
26LTRC045Liontown East · silverGrade: 298Grade Unit: g/tIntercept: 1 mView all detailsHide details
Identity
- Hole ID
- 26LTRC045
- Project
- Liontown East
- Commodity
- silver
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- SHN
Geometry
- Grade
- 298
- Grade Unit
- g/t
- Intercept
- 1 m
- From
- 60 m
- To
- 61 m
- Intercept Depth
- 60 m
Classification
- Deposit Type
- vms
- Program
- resource
- Sample Type
- drill
- Group ID
- 26LTRC045:60-61
- Mining Method
- mixed
QA/QC
- Laboratory
- Intertek and ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: A high-grade silver sub-interval of 1m at 298 g/t Ag from 60m confirms the presence of higher-grade zones within the broader intercept.
Positive factors
- High-grade silver sub-interval
- Confirms high-grade zones within broader mineralization
Evidence · text
“including 1m @ 12.75g/t Au & 298g/t Ag from 60m”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
26LTRC051Liontown East · goldGrade: 3.06Grade Unit: g/tIntercept: 16 mView all detailsHide details
Identity
- Hole ID
- 26LTRC051
- Project
- Liontown East
- Commodity
- gold
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- SHN
Geometry
- Grade
- 3.06
- Grade Unit
- g/t
- Intercept
- 16 m
- From
- 49 m
- To
- 65 m
- Intercept Depth
- 49 m
Classification
- Deposit Type
- vms
- Program
- resource
- Sample Type
- drill
- Group ID
- 26LTRC051:49-65
- Mining Method
- mixed
QA/QC
- Laboratory
- Intertek and ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: A moderate-grade gold intercept of 16m at 3.06 g/t Au from 49m contributes to the overall understanding of the mineralization.
Positive factors
- Moderate-grade gold intercept
- Significant intercept length
Evidence · text
“16m @ 3.06g/t Au & 49g/t Ag from 49m (26LTRC051)”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
26LTRC051Liontown East · silverGrade: 49Grade Unit: g/tIntercept: 16 mView all detailsHide details
Identity
- Hole ID
- 26LTRC051
- Project
- Liontown East
- Commodity
- silver
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- SHN
Geometry
- Grade
- 49
- Grade Unit
- g/t
- Intercept
- 16 m
- From
- 49 m
- To
- 65 m
- Intercept Depth
- 49 m
Classification
- Deposit Type
- vms
- Program
- resource
- Sample Type
- drill
- Group ID
- 26LTRC051:49-65
- Mining Method
- mixed
QA/QC
- Laboratory
- Intertek and ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: A moderate silver grade of 49 g/t Ag over 16m from 49m is a positive but not exceptional result.
Negative factors
- Moderate silver grade
Evidence · text
“16m @ 3.06g/t Au & 49g/t Ag from 49m (26LTRC051)”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
26LTRC051Liontown East · goldGrade: 8.27Grade Unit: g/tIntercept: 3 mView all detailsHide details
Identity
- Hole ID
- 26LTRC051
- Project
- Liontown East
- Commodity
- gold
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- SHN
Geometry
- Grade
- 8.27
- Grade Unit
- g/t
- Intercept
- 3 m
- From
- 62 m
- To
- 65 m
- Intercept Depth
- 62 m
Classification
- Deposit Type
- vms
- Program
- resource
- Sample Type
- drill
- Group ID
- 26LTRC051:62-65
- Mining Method
- mixed
QA/QC
- Laboratory
- Intertek and ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: A high-grade gold sub-interval of 3m at 8.27 g/t Au from 62m confirms the presence of higher-grade zones within the broader intercept.
Positive factors
- High-grade gold sub-interval
- Confirms high-grade zones within broader mineralization
Evidence · text
“including 3m @ 8.27g/t Au & 22g/t Ag from 62m”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
26LTRC051Liontown East · silverGrade: 22Grade Unit: g/tIntercept: 3 mView all detailsHide details
Identity
- Hole ID
- 26LTRC051
- Project
- Liontown East
- Commodity
- silver
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- SHN
Geometry
- Grade
- 22
- Grade Unit
- g/t
- Intercept
- 3 m
- From
- 62 m
- To
- 65 m
- Intercept Depth
- 62 m
Classification
- Deposit Type
- vms
- Program
- resource
- Sample Type
- drill
- Group ID
- 26LTRC051:62-65
- Mining Method
- mixed
QA/QC
- Laboratory
- Intertek and ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: A weak silver grade of 22 g/t Ag over 3m from 62m is below typical economic thresholds for silver.
Negative factors
- Weak silver grade
Evidence · text
“including 3m @ 8.27g/t Au & 22g/t Ag from 62m”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
26LTRC077Liontown East · goldGrade: 20.25Grade Unit: g/tIntercept: 22 mView all detailsHide details
Identity
- Hole ID
- 26LTRC077
- Project
- Liontown East
- Commodity
- gold
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- SHN
Geometry
- Grade
- 20.25
- Grade Unit
- g/t
- Intercept
- 22 m
- From
- 69 m
- To
- 91 m
- Intercept Depth
- 69 m
Classification
- Deposit Type
- vms
- Program
- resource
- Sample Type
- drill
- Group ID
- 26LTRC077:69-91
- Mining Method
- mixed
QA/QC
- Laboratory
- Intertek and ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: A bonanza grade gold intercept of 22m at 20.25 g/t Au from 69m is a very strong result, contributing significantly to resource upgrade and extension.
Positive factors
- Bonanza grade gold intercept
- Significant intercept length
- Part of resource upgrade/extension program
Evidence · text
“22m @ 20.25g/t Au from 69m (26LTRC077)”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
26LTRC077Liontown East · goldGrade: 39.58Grade Unit: g/tIntercept: 8 mView all detailsHide details
Identity
- Hole ID
- 26LTRC077
- Project
- Liontown East
- Commodity
- gold
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- SHN
Geometry
- Grade
- 39.58
- Grade Unit
- g/t
- Intercept
- 8 m
- From
- 68 m
- To
- 76 m
- Intercept Depth
- 68 m
Classification
- Deposit Type
- vms
- Program
- resource
- Sample Type
- drill
- Group ID
- 26LTRC077:68-76
- Mining Method
- mixed
QA/QC
- Laboratory
- Intertek and ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: A bonanza grade gold intercept of 8m at 39.58 g/t Au from 68m confirms the presence of very high-grade zones, enhancing the overall resource potential.
Positive factors
- Bonanza grade gold intercept
- Confirms very high-grade zones within broader mineralization
Evidence · text
“including 8m @ 39.58g/t Au from 68m”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
26LTRC077Liontown East · goldGrade: 29.45Grade Unit: g/tIntercept: 4 mView all detailsHide details
Identity
- Hole ID
- 26LTRC077
- Project
- Liontown East
- Commodity
- gold
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- SHN
Geometry
- Grade
- 29.45
- Grade Unit
- g/t
- Intercept
- 4 m
- From
- 81 m
- To
- 85 m
- Intercept Depth
- 81 m
Classification
- Deposit Type
- vms
- Program
- resource
- Sample Type
- drill
- Group ID
- 26LTRC077:81-85
- Mining Method
- mixed
QA/QC
- Laboratory
- Intertek and ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: A bonanza grade gold intercept of 4m at 29.45 g/t Au from 81m confirms the presence of very high-grade zones, enhancing the overall resource potential.
Positive factors
- Bonanza grade gold intercept
- Confirms very high-grade zones within broader mineralization
Evidence · text
“and 4m @ 29.45g/t Au from 81m”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
26LTRC070Liontown East · goldGrade: 7.87Grade Unit: g/tIntercept: 12 mView all detailsHide details
Identity
- Hole ID
- 26LTRC070
- Project
- Liontown East
- Commodity
- gold
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- SHN
Geometry
- Grade
- 7.87
- Grade Unit
- g/t
- Intercept
- 12 m
- From
- 85 m
- To
- 97 m
- Intercept Depth
- 85 m
Classification
- Deposit Type
- vms
- Program
- resource
- Sample Type
- drill
- Group ID
- 26LTRC070:85-97
- Mining Method
- mixed
QA/QC
- Laboratory
- Intertek and ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: A high-grade gold intercept of 12m at 7.87 g/t Au from 85m is a strong result, contributing to resource upgrade and extension.
Positive factors
- High-grade gold intercept
- Significant intercept length
- Part of resource upgrade/extension program
Evidence · text
“12m @ 7.87g/t Au from 85m (26LTRC070)”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
26LTRC070Liontown East · goldGrade: 14.91Grade Unit: g/tIntercept: 6 mView all detailsHide details
Identity
- Hole ID
- 26LTRC070
- Project
- Liontown East
- Commodity
- gold
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- SHN
Geometry
- Grade
- 14.91
- Grade Unit
- g/t
- Intercept
- 6 m
- From
- 86 m
- To
- 92 m
- Intercept Depth
- 86 m
Classification
- Deposit Type
- vms
- Program
- resource
- Sample Type
- drill
- Group ID
- 26LTRC070:86-92
- Mining Method
- mixed
QA/QC
- Laboratory
- Intertek and ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: A high-grade gold sub-interval of 6m at 14.91 g/t Au from 86m confirms the presence of higher-grade zones within the broader intercept.
Positive factors
- High-grade gold sub-interval
- Confirms high-grade zones within broader mineralization
Evidence · text
“including 6m @ 14.91g/t Au from 86m”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
26LTRC071Liontown East · goldGrade: 8.28Grade Unit: g/tIntercept: 10 mView all detailsHide details
Identity
- Hole ID
- 26LTRC071
- Project
- Liontown East
- Commodity
- gold
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- SHN
Geometry
- Grade
- 8.28
- Grade Unit
- g/t
- Intercept
- 10 m
- From
- 46 m
- To
- 56 m
- Intercept Depth
- 46 m
Classification
- Deposit Type
- vms
- Program
- resource
- Sample Type
- drill
- Group ID
- 26LTRC071:46-56
- Mining Method
- mixed
QA/QC
- Laboratory
- Intertek and ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: A high-grade gold intercept of 10m at 8.28 g/t Au from 46m is a strong result, contributing to resource upgrade and extension.
Positive factors
- High-grade gold intercept
- Significant intercept length
- Part of resource upgrade/extension program
Evidence · text
“10m @ 8.28g/t Au from 46m (26LTRC071)”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
26LTRC079Liontown East · goldGrade: 3.76Grade Unit: g/tIntercept: 13 mView all detailsHide details
Identity
- Hole ID
- 26LTRC079
- Project
- Liontown East
- Commodity
- gold
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- SHN
Geometry
- Grade
- 3.76
- Grade Unit
- g/t
- Intercept
- 13 m
- From
- 30 m
- To
- 43 m
- Intercept Depth
- 30 m
Classification
- Deposit Type
- vms
- Program
- resource
- Sample Type
- drill
- Group ID
- 26LTRC079:30-43
- Mining Method
- mixed
QA/QC
- Laboratory
- Intertek and ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: A moderate-grade gold intercept of 13m at 3.76 g/t Au from 30m contributes to the resource upgrade and extension program.
Positive factors
- Moderate-grade gold intercept
- Significant intercept length
- Part of resource upgrade/extension program
Evidence · text
“13m @ 3.76g/t Au from 30m (26LTRC079)”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
26LTRC069Liontown East · goldGrade: 12.38Grade Unit: g/tIntercept: 14 mView all detailsHide details
Identity
- Hole ID
- 26LTRC069
- Project
- Liontown East
- Commodity
- gold
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- SHN
Geometry
- Grade
- 12.38
- Grade Unit
- g/t
- Intercept
- 14 m
- From
- 79 m
- To
- 93 m
- Intercept Depth
- 79 m
Classification
- Deposit Type
- vms
- Program
- resource
- Sample Type
- drill
- Group ID
- 26LTRC069:79-93
- Mining Method
- mixed
QA/QC
- Laboratory
- Intertek and ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: A high-grade gold intercept of 14m at 12.38 g/t Au from 79m is a strong result, contributing to resource upgrade and extension.
Positive factors
- High-grade gold intercept
- Significant intercept length
- Part of resource upgrade/extension program
Evidence · text
“14m @ 12.38g/t Au from 79m (26LTRC069)”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
26LTRC069Liontown East · goldGrade: 24.44Grade Unit: g/tIntercept: 6 mView all detailsHide details
Identity
- Hole ID
- 26LTRC069
- Project
- Liontown East
- Commodity
- gold
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- SHN
Geometry
- Grade
- 24.44
- Grade Unit
- g/t
- Intercept
- 6 m
- From
- 80 m
- To
- 86 m
- Intercept Depth
- 80 m
Classification
- Deposit Type
- vms
- Program
- resource
- Sample Type
- drill
- Group ID
- 26LTRC069:80-86
- Mining Method
- mixed
QA/QC
- Laboratory
- Intertek and ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: A bonanza grade gold sub-interval of 6m at 24.44 g/t Au from 80m confirms the presence of very high-grade zones within the broader intercept.
Positive factors
- Bonanza grade gold sub-interval
- Confirms very high-grade zones within broader mineralization
Evidence · text
“including 6m @ 24.44g/t Au from 80m”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
26LTRC062Liontown East · goldGrade: 5.14Grade Unit: g/tIntercept: 8 mView all detailsHide details
Identity
- Hole ID
- 26LTRC062
- Project
- Liontown East
- Commodity
- gold
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- SHN
Geometry
- Grade
- 5.14
- Grade Unit
- g/t
- Intercept
- 8 m
- From
- 72 m
- To
- 80 m
- Intercept Depth
- 72 m
Classification
- Deposit Type
- vms
- Program
- resource
- Sample Type
- drill
- Group ID
- 26LTRC062:72-80
- Mining Method
- mixed
QA/QC
- Laboratory
- Intertek and ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: A high-grade gold intercept of 8m at 5.14 g/t Au from 72m is a strong result, contributing to resource upgrade and extension.
Positive factors
- High-grade gold intercept
- Part of resource upgrade/extension program
Evidence · text
“8m @ 5.14g/t Au from 72m (26LTRC062)”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
26LTRC062Liontown East · goldGrade: 11.25Grade Unit: g/tIntercept: 3 mView all detailsHide details
Identity
- Hole ID
- 26LTRC062
- Project
- Liontown East
- Commodity
- gold
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- SHN
Geometry
- Grade
- 11.25
- Grade Unit
- g/t
- Intercept
- 3 m
- From
- 73 m
- To
- 76 m
- Intercept Depth
- 73 m
Classification
- Deposit Type
- vms
- Program
- resource
- Sample Type
- drill
- Group ID
- 26LTRC062:73-76
- Mining Method
- mixed
QA/QC
- Laboratory
- Intertek and ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: A high-grade gold sub-interval of 3m at 11.25 g/t Au from 73m confirms the presence of higher-grade zones within the broader intercept.
Positive factors
- High-grade gold sub-interval
- Confirms high-grade zones within broader mineralization
Evidence · text
“including 3m @ 11.25g/t Au from 73m”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
25PLRC006Plateau · goldGrade: 3.17Grade Unit: g/tIntercept: 8 mView all detailsHide details
Identity
- Hole ID
- 25PLRC006
- Project
- Plateau
- Commodity
- gold
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- SHN
Geometry
- Grade
- 3.17
- Grade Unit
- g/t
- Intercept
- 8 m
- From
- 61 m
- To
- 69 m
- Intercept Depth
- 61 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- 25PLRC006:61-69
- Mining Method
- unknown
QA/QC
- Laboratory
- Intertek and ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: A moderate-grade gold intercept of 8m at 3.17 g/t Au from 61m is a positive result from a reconnaissance drill program at Plateau.
Positive factors
- Moderate-grade gold intercept
- Part of reconnaissance drill program
Evidence · text
“8m @ 3.17g/t Au & 31g/t Ag from 61m (25PLRC006)”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
25PLRC006Plateau · silverGrade: 31Grade Unit: g/tIntercept: 8 mView all detailsHide details
Identity
- Hole ID
- 25PLRC006
- Project
- Plateau
- Commodity
- silver
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- SHN
Geometry
- Grade
- 31
- Grade Unit
- g/t
- Intercept
- 8 m
- From
- 61 m
- To
- 69 m
- Intercept Depth
- 61 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- 25PLRC006:61-69
- Mining Method
- unknown
QA/QC
- Laboratory
- Intertek and ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: A moderate-grade silver intercept of 8m at 31 g/t Ag from 61m is a positive result from a reconnaissance drill program at Plateau.
Positive factors
- Moderate-grade silver intercept
- Part of reconnaissance drill program
Evidence · text
“8m @ 3.17g/t Au & 31g/t Ag from 61m (25PLRC006)”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
25PLRC002Plateau · goldGrade: 1.4Grade Unit: g/tIntercept: 2 mView all detailsHide details
Identity
- Hole ID
- 25PLRC002
- Project
- Plateau
- Commodity
- gold
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- SHN
Geometry
- Grade
- 1.4
- Grade Unit
- g/t
- Intercept
- 2 m
- From
- 70 m
- To
- 72 m
- Intercept Depth
- 70 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- 25PLRC002:70-72
- Mining Method
- unknown
QA/QC
- Laboratory
- Intertek and ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: A weak gold intercept of 2m at 1.40 g/t Au from 70m is a modest result from a reconnaissance drill program at Plateau.
Positive factors
- Weak gold intercept
- Part of reconnaissance drill program
Evidence · text
“2m @ 1.40g/t Au & 16g/t Ag from 70m (25PLRC002)”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
25PLRC002Plateau · silverGrade: 16Grade Unit: g/tIntercept: 2 mView all detailsHide details
Identity
- Hole ID
- 25PLRC002
- Project
- Plateau
- Commodity
- silver
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- SHN
Geometry
- Grade
- 16
- Grade Unit
- g/t
- Intercept
- 2 m
- From
- 70 m
- To
- 72 m
- Intercept Depth
- 70 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- 25PLRC002:70-72
- Mining Method
- unknown
QA/QC
- Laboratory
- Intertek and ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: A weak silver intercept of 2m at 16 g/t Ag from 70m is a modest result from a reconnaissance drill program at Plateau.
Positive factors
- Weak silver intercept
- Part of reconnaissance drill program
Evidence · text
“2m @ 1.40g/t Au & 16g/t Ag from 70m (25PLRC002)”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
25FCDD003Sybil · goldGrade: 57.51Grade Unit: g/tIntercept: 4.4 mView all detailsHide details
Identity
- Hole ID
- 25FCDD003
- Project
- Sybil
- Commodity
- gold
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- SHN
Geometry
- Grade
- 57.51
- Grade Unit
- g/t
- Intercept
- 4.4 m
- From
- 23.6 m
- To
- 28 m
- Intercept Depth
- 23.6 m
Classification
- Deposit Type
- epithermal
- Program
- exploration
- Sample Type
- drill
- Group ID
- 25FCDD003:23.6-28
- Mining Method
- underground
QA/QC
- Laboratory
- Intertek and ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: A bonanza grade gold intercept of 4.4m at 57.51 g/t Au from 23.6m is an exceptional result, highlighting the high-grade potential of the Sybil epithermal project.
Positive factors
- Bonanza grade gold intercept
- Shallow mineralization
- Part of diamond drill program at Francis Creek
Evidence · text
“4.4m @ 57.51g/t Au from 23.6m (25FCDD003)”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
25FCDD003Sybil · goldGrade: 148Grade Unit: g/tIntercept: 1.1 mView all detailsHide details
Identity
- Hole ID
- 25FCDD003
- Project
- Sybil
- Commodity
- gold
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- SHN
Geometry
- Grade
- 148
- Grade Unit
- g/t
- Intercept
- 1.1 m
- From
- 23.6 m
- To
- 24.7 m
- Intercept Depth
- 23.6 m
Classification
- Deposit Type
- epithermal
- Program
- exploration
- Sample Type
- drill
- Group ID
- 25FCDD003:23.6-24.7
- Mining Method
- underground
QA/QC
- Laboratory
- Intertek and ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: An exceptional bonanza grade gold sub-interval of 1.1m at 148.0 g/t Au from 23.6m confirms the presence of extremely high-grade zones, significantly enhancing the project's potential.
Positive factors
- Exceptional bonanza grade gold sub-interval
- Confirms extremely high-grade zones within broader mineralization
Evidence · text
“including 1.1m @ 148.0g/t Au from 23.6m”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
25FCDD0012Sybil · goldGrade: 17.23Grade Unit: g/tIntercept: 4.5 mView all detailsHide details
Identity
- Hole ID
- 25FCDD0012
- Project
- Sybil
- Commodity
- gold
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- SHN
Geometry
- Grade
- 17.23
- Grade Unit
- g/t
- Intercept
- 4.5 m
- From
- 82.5 m
- To
- 87 m
- Intercept Depth
- 82.5 m
Classification
- Deposit Type
- epithermal
- Program
- exploration
- Sample Type
- drill
- Group ID
- 25FCDD0012:82.5-87
- Mining Method
- underground
QA/QC
- Laboratory
- Intertek and ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: A high-grade gold intercept of 4.5m at 17.23 g/t Au from 82.5m is a strong result, indicating good mineralization at depth within the Sybil project.
Positive factors
- High-grade gold intercept
- Part of diamond drill program at Francis Creek
Evidence · text
“4.5m @ 17.23g/t Au from 82.5m (25FCDD0012)”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
25FCDD007Sybil · goldGrade: 9.01Grade Unit: g/tIntercept: 5.2 mView all detailsHide details
Identity
- Hole ID
- 25FCDD007
- Project
- Sybil
- Commodity
- gold
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- SHN
Geometry
- Grade
- 9.01
- Grade Unit
- g/t
- Intercept
- 5.2 m
- From
- 52 m
- To
- 57.2 m
- Intercept Depth
- 52 m
Classification
- Deposit Type
- epithermal
- Program
- exploration
- Sample Type
- drill
- Group ID
- 25FCDD007:52-57.2
- Mining Method
- underground
QA/QC
- Laboratory
- Intertek and ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: A high-grade gold intercept of 5.2m at 9.01 g/t Au from 52.0m is a strong result, indicating good mineralization within the Sybil project.
Positive factors
- High-grade gold intercept
- Part of diamond drill program at Francis Creek
Evidence · text
“5.2m @ 9.01g/t Au from 52.0m (25FCDD007)”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
25FCDD002Sybil · goldGrade: 6.12Grade Unit: g/tIntercept: 3.8 mView all detailsHide details
Identity
- Hole ID
- 25FCDD002
- Project
- Sybil
- Commodity
- gold
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- SHN
Geometry
- Grade
- 6.12
- Grade Unit
- g/t
- Intercept
- 3.8 m
- From
- 22.6 m
- To
- 26.4 m
- Intercept Depth
- 22.6 m
Classification
- Deposit Type
- epithermal
- Program
- exploration
- Sample Type
- drill
- Group ID
- 25FCDD002:22.6-26.4
- Mining Method
- underground
QA/QC
- Laboratory
- Intertek and ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: A high-grade gold intercept of 3.8m at 6.12 g/t Au from 22.6m is a strong result, indicating shallow mineralization within the Sybil project.
Positive factors
- High-grade gold intercept
- Shallow mineralization
- Part of diamond drill program at Francis Creek
Evidence · text
“3.8m @ 6.12g/t Au from 22.6m (25FCDD002)”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
25FCDD010Sybil · goldGrade: 15.15Grade Unit: g/tIntercept: 2.8 mView all detailsHide details
Identity
- Hole ID
- 25FCDD010
- Project
- Sybil
- Commodity
- gold
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- SHN
Geometry
- Grade
- 15.15
- Grade Unit
- g/t
- Intercept
- 2.8 m
- From
- 37 m
- To
- 39.8 m
- Intercept Depth
- 37 m
Classification
- Deposit Type
- epithermal
- Program
- exploration
- Sample Type
- drill
- Group ID
- 25FCDD010:37-39.8
- Mining Method
- underground
QA/QC
- Laboratory
- Intertek and ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: A high-grade gold intercept of 2.8m at 15.15 g/t Au from 37.0m is a strong result, indicating good mineralization within the Sybil project.
Positive factors
- High-grade gold intercept
- Part of diamond drill program at Francis Creek
Evidence · text
“2.8m @ 15.15g/t Au from 37.0m (25FCDD010)”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
25FCDD008ASybil · goldGrade: 3.93Grade Unit: g/tIntercept: 7 mView all detailsHide details
Identity
- Hole ID
- 25FCDD008A
- Project
- Sybil
- Commodity
- gold
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- SHN
Geometry
- Grade
- 3.93
- Grade Unit
- g/t
- Intercept
- 7 m
- From
- 65 m
- To
- 72 m
- Intercept Depth
- 65 m
Classification
- Deposit Type
- epithermal
- Program
- exploration
- Sample Type
- drill
- Group ID
- 25FCDD008A:65-72
- Mining Method
- underground
QA/QC
- Laboratory
- Intertek and ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: A moderate-grade gold intercept of 7.0m at 3.93 g/t Au from 65.0m is a positive result, contributing to the understanding of mineralization within the Sybil project.
Positive factors
- Moderate-grade gold intercept
- Part of diamond drill program at Francis Creek
Evidence · text
“7.0m @ 3.93g/t Au from 65.0m (25FCDD008A)”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Resource Estimates (3)
Liontown EastLiontown · goldTonnes: 6100000Contained Metal: 714000Contained Unit: koz aueqView all detailsHide details
Identity
- Project
- Liontown
- Commodity
- gold
- Region
- australia_qld
- Reported Region
- North Queensland
- Ticker
- SHN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Lyon Barrett, Dr Damien Keys, Mr Stuart Hutchin
- Resource group id
- resource:6ce22c99087b75050b09
- Deposit or zone
- Liontown East
Resource Data
- Tonnes
- 6100000
- Contained Metal
- 714000
- Contained Unit
- koz aueq
Prior Estimate
- Resource Date
- 2025-11-26
Metal Equivalent
- Metal Eq. Grade
- 3.6
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Intertek and ALS
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: An updated resource of 6.1Mt at 3.6 g/t AuEq for 714Koz AuEq, with disclosed metal equivalent assumptions and JORC compliance, represents a significant and well-defined resource for the project.
Positive factors
- Significant tonnage and contained metal
- High-grade equivalent gold
- JORC compliant
- QP signed
- Metal equivalent assumptions disclosed
Negative factors
- Category not explicitly stated for total resource
Evidence · text
“the Liontown Resource (including Liontown East) increased to 6.1Mt @ 3.6g/t AuEq for 714Koz AuEq recoverable (or 10.0% ZnEq). Refer Mineral Resources and Reserves Statement in the section below for details.”
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Liontown EastLiontown · zincTonnes: 6100000View all detailsHide details
Identity
- Project
- Liontown
- Commodity
- zinc
- Region
- australia_qld
- Reported Region
- North Queensland
- Ticker
- SHN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Lyon Barrett, Dr Damien Keys, Mr Stuart Hutchin
- Resource group id
- resource:6ce22c99087b75050b09
- Deposit or zone
- Liontown East
Resource Data
- Tonnes
- 6100000
Prior Estimate
- Resource Date
- 2025-11-26
Metal Equivalent
- Metal Eq. Grade
- 10
- Metal Eq. Unit
- % ZnEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Intertek and ALS
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: An updated resource of 6.1Mt at 10.0% ZnEq, with disclosed metal equivalent assumptions and JORC compliance, represents a significant and well-defined resource for the project.
Positive factors
- Significant tonnage and contained metal
- High-grade equivalent zinc
- JORC compliant
- QP signed
- Metal equivalent assumptions disclosed
Negative factors
- Category not explicitly stated for total resource
Evidence · text
“the Liontown Resource (including Liontown East) increased to 6.1Mt @ 3.6g/t AuEq for 714Koz AuEq recoverable (or 10.0% ZnEq). Refer Mineral Resources and Reserves Statement in the section below for details.”
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Fact 3Liontown · goldTonnes: 7270000Contained Metal: 745000Contained Unit: koz aueqView all detailsHide details
Identity
- Project
- Liontown
- Commodity
- gold
- Region
- australia_qld
- Reported Region
- North Queensland
- Ticker
- SHN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Lyon Barrett, Dr Damien Keys, Mr Stuart Hutchin
- Resource group id
- resource:d4ef8783f70596e93cf5
Resource Data
- Tonnes
- 7270000
- Contained Metal
- 745000
- Contained Unit
- koz aueq
Prior Estimate
- Resource Date
- 2026-10-19
Metal Equivalent
- Metal Eq. Grade
- 3.19
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Intertek and ALS
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: A post-year-end resource update to 7.27Mt at 3.19 g/t AuEq for 745Koz AuEq represents a significant increase in contained metal, despite a slight grade decrease, indicating substantial growth for the project.
Positive factors
- Significant increase in tonnage and contained metal post year-end
- High-grade equivalent gold
- JORC compliant
- QP signed
- Metal equivalent assumptions disclosed
Negative factors
- Slight decrease in equivalent gold grade compared to prior estimate
- Category not explicitly stated for total resource
Evidence · text
“Post year-end, the Liontown Mineral Resource increased to 7.27Mt @ 3.19g/t AuEq. for 745Koz AuEq. recoverable”
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
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.