SX2: SX2 FY27 First Quarter Financials and Management Analysis

Original announcement by asx on

Company
Southern Cross Gold Consolidated Ltd.
Ticker
SX2
Exchange
ASX
Region
Victoria, Australia
Primary commodity
Gold
Secondary commodities
Antimony
Document categories
Other, Drill results
Extracted
2026-10-07 23:18:34 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Southern Cross Gold Consolidated Ltd. reported its Q1 FY2027 financial results, showing an increased net loss but highlighting substantial operational progress at its Sunday Creek Gold-Antimony Project. Key advancements include the ongoing development of the exploration decline, significant surface drilling with high-grade intercepts, and an updated exploration target of 10.4 – 11.9 million tonnes grading 8.9 g/t to 12.1 g/t AuEq. The company also announced the acceptance of its first mining licence application and maintains a strong cash position to fund ongoing activities.

Reasoning: The company reported an increased net loss but delivered strong operational progress at its flagship Sunday Creek project, including high-grade drill results, advancement of the exploration decline, and an updated exploration target, all supported by a healthy cash balance.

Positive factors

  • High-grade gold and antimony drill intercepts, including new project bests for grade x width.
  • Significant progress on underground exploration decline development and surface infrastructure.
  • Updated and expanded Exploration Target for the Sunday Creek project.
  • Acceptance of the first mining licence application, de-risking the approvals pathway.
  • Strong cash position to fund ongoing exploration and development.

Negative factors

  • Increased net loss for the quarter compared to the prior year.
  • Exploration decline advance rates were below plan due to poor ground conditions, delaying completion.
  • Antimony price volatility, although mitigated by gold economics.

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 50

Classification and evidence

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: SDDSC230 returned 1,466.4 g/t Au, SDDSC222W1 returned 972.0 g/t Au, and SDDSC221 returned 198.9 g/t Au, all significantly exceeding the bonanza threshold for orogenic gold deposits.

Evidence · text

“SDDSC230 returned 0.3 m @ 1,466.7 g/t AuEq (1,466.4 g/t Au, 0.1% Sb) from 886.7 m”

True Width Estimatedneutral · Story-specific tag

No canonical definition is currently available.

Why it applies: The document states that the true thickness of reported intervals is interpreted to be approximately 60% to 85% of the sampled thickness, providing an estimate rather than a precise true width.

Evidence · text

“The true thickness of the reported intervals is interpreted to be approximately 60% to 85% of the sampled thickness.”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: SDDSC222W1 extended the A130 vein set 40 m below its previously known depth, SDDSC227 extended Apollo East to the east, and SDDSC235 extended the prospective corridor into Christina.

Evidence · text

“extending the A130 vein set 40 m below its previously known depth”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The report explicitly mentions 'infill drill holes from the Golden Dyke prospect' and that 'Infill drilling reduced hole spacing within the tested block from approximately 50 m to approximately 30 m along strike'.

Evidence · text

“on October 7, 2026 the Company reported five infill drill holes from the Golden Dyke prospect”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: The scientific and technical information in the MD&A was prepared under the supervision of, or has been prepared, reviewed, verified and approved by Kenneth Bush, Head of Exploration of SXGC, a qualified person as defined by NI 43-101 and a Competent Person.

Evidence · text

“The scientific and technical information in this MD&A, including the information that relates to exploration results at Sunday Creek was prepared under the supervision of, or has been prepared, reviewed, verified and approved by Kenneth Bush, Head of Exploration of SXGC, a qualified person as defined by the NI 43-101 and a Competent Person”

QP/CP Signedpositive · Story-specific tag

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: Kenneth Bush, Head of Exploration of SXGC, is named as a Qualified Person under NI 43-101 and a Competent Person under JORC, and has approved the scientific and technical information.

Evidence · text

“The scientific and technical information in this MD&A, including the information that relates to exploration results at Sunday Creek was prepared under the supervision of, or has been prepared, reviewed, verified and approved by Kenneth Bush, Head of Exploration of SXGC, a qualified person as defined by the NI 43-101 and a Competent Person”

Cut-off Disclosedpositive · Story-specific tag

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: The document states that composite intersections are reported at '1 m (down hole length) @ 5 g/t AuEq lower cut'.

Evidence · text

“At 1 m (down hole length) @ 5 g/t AuEq lower cut the project has delivered to date”

Extracted facts

Stored fact records: 50. Some facts used in scoring do not have a stored record.

Drill Results (50)

SDDSC230Rising Sun · goldGrade: 1466.4Grade Unit: g/tIntercept: 0.3 mView all details
Link to this fact

Identity

Hole ID
SDDSC230
Project
Rising Sun
Commodity
gold
Region
australia_vic
Reported Region
australia_vic
Ticker
SX2

Geometry

Grade
1466.4
Grade Unit
g/t
Intercept
0.3 m
From
886.7 m
To
887 m
Intercept Depth
886.7 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
SDDSC230:886.7-887
Mining Method
underground

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
1466.7
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
5
Cutoff Unit
g/t AuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This intercept represents an exceptionally high-grade gold result, setting a new project best for grade-width product and extending mineralization at depth, indicating strong potential.

Positive factors

  • Exceptional gold grade (1466.4 g/t Au) significantly exceeds the bonanza threshold for orogenic deposits.
  • High grade-width product (439.92 g/t·m) is a new best for the project.
  • Extends mineralization at depth (886.7 m from surface).

Evidence · text

“SDDSC230 returned 0.3 m @ 1,466.7 g/t AuEq (1,466.4 g/t Au, 0.1% Sb) from 886.7 m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

SDDSC230Rising Sun · antimonyGrade: 0.1Grade Unit: %Intercept: 0.3 mView all details
Link to this fact

Identity

Hole ID
SDDSC230
Project
Rising Sun
Commodity
antimony
Region
australia_vic
Reported Region
australia_vic
Ticker
SX2

Geometry

Grade
0.1
Grade Unit
%
Intercept
0.3 m
From
886.7 m
To
887 m
Intercept Depth
886.7 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
SDDSC230:886.7-887
Mining Method
underground

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
1466.7
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
5
Cutoff Unit
g/t AuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: The antimony grade in this intercept is very low, contributing minimally to the overall metal equivalent value.

Negative factors

  • Antimony grade (0.1% Sb) is very low and below typical economic thresholds for antimony.

Evidence · text

“SDDSC230 returned 0.3 m @ 1,466.7 g/t AuEq (1,466.4 g/t Au, 0.1% Sb) from 886.7 m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

SDDSC230Rising Sun · goldGrade: 4500Grade Unit: g/tIntercept: 0.1 mView all details
Link to this fact

Identity

Hole ID
SDDSC230
Project
Rising Sun
Commodity
gold
Region
australia_vic
Reported Region
australia_vic
Ticker
SX2

Geometry

Grade
4500
Grade Unit
g/t
Intercept
0.1 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Mining Method
underground

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Compositing

Cutoff Grade
5
Cutoff Unit
g/t AuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This ultra-high-grade gold assay, while narrow, demonstrates exceptional gold tenor within the Rising Sun prospect, indicating bonanza-grade mineralization.

Positive factors

  • Extremely high gold grade (4,500.0 g/t Au) is a bonanza intercept, ranking as the fourth-highest single gold assay at Sunday Creek.
  • Confirms the presence of ultra-high-grade mineralization within the broader intercept.

Negative factors

  • Very narrow intercept length (0.1 m) limits overall contained metal.

Evidence · text

“hosting an individual assay of 0.1 m @ 4,500.0 g/t Au”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

SDDSC222W1Apollo East · goldGrade: 972Grade Unit: g/tIntercept: 0.6 mView all details
Link to this fact

Identity

Hole ID
SDDSC222W1
Project
Apollo East
Commodity
gold
Region
australia_vic
Reported Region
australia_vic
Ticker
SX2

Geometry

Grade
972
Grade Unit
g/t
Intercept
0.6 m
From
808.5 m
To
809.1 m
Intercept Depth
808.5 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
SDDSC222W1:808.5-809.1
Mining Method
underground

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
993.2
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
5
Cutoff Unit
g/t AuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This bonanza-grade gold intercept extends known mineralization at depth, indicating strong exploration success and potential for further high-grade extensions.

Positive factors

  • Exceptional gold grade (972.0 g/t Au) significantly exceeds the bonanza threshold for orogenic deposits.
  • Extends the A130 vein set 40 m below its previously known depth, demonstrating step-out potential.
  • High grade-width product (583.2 g/t·m) is very strong.

Evidence · text

“SDDSC222W1 returned 0.6 m @ 993.2 g/t AuEq (972.0 g/t Au, 8.9% Sb) from 808.5 m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

SDDSC222W1Apollo East · antimonyGrade: 8.9Grade Unit: %Intercept: 0.6 mView all details
Link to this fact

Identity

Hole ID
SDDSC222W1
Project
Apollo East
Commodity
antimony
Region
australia_vic
Reported Region
australia_vic
Ticker
SX2

Geometry

Grade
8.9
Grade Unit
%
Intercept
0.6 m
From
808.5 m
To
809.1 m
Intercept Depth
808.5 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
SDDSC222W1:808.5-809.1
Mining Method
underground

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
993.2
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
5
Cutoff Unit
g/t AuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This high-grade antimony intercept, combined with gold, contributes to a very strong polymetallic result and extends mineralization at depth.

Positive factors

  • High antimony grade (8.9% Sb) is strong for the deposit type.
  • Contributes significantly to the high gold equivalent grade.

Evidence · text

“SDDSC222W1 returned 0.6 m @ 993.2 g/t AuEq (972.0 g/t Au, 8.9% Sb) from 808.5 m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

SDDSC222Apollo East · goldGrade: 1Grade Unit: g/tIntercept: 118 mView all details
Link to this fact

Identity

Hole ID
SDDSC222
Project
Apollo East
Commodity
gold
Region
australia_vic
Reported Region
australia_vic
Ticker
SX2

Geometry

Grade
1
Grade Unit
g/t
Intercept
118 m
From
533.4 m
To
651.4 m
Intercept Depth
533.4 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
SDDSC222:533.4-651.4
Mining Method
underground

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
1.6
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
5
Cutoff Unit
g/t AuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This wide intercept demonstrates a substantial mineralized zone, indicating potential for a larger-scale resource at Apollo.

Positive factors

  • Very wide intercept length (118 m) indicates significant mineralized zone.
  • Moderate gold grade (1.0 g/t Au) for an orogenic deposit over such a width.
  • Suggests bulk tonnage potential alongside high-grade veins.

Evidence · text

“The parent hole SDDSC222 intersected a 118 m stacked mineralized zone averaging 1.6 g/t AuEq (1.0 g/t Au, 0.26% Sb) from 533.4 m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

SDDSC222Apollo East · antimonyGrade: 0.26Grade Unit: %Intercept: 118 mView all details
Link to this fact

Identity

Hole ID
SDDSC222
Project
Apollo East
Commodity
antimony
Region
australia_vic
Reported Region
australia_vic
Ticker
SX2

Geometry

Grade
0.26
Grade Unit
%
Intercept
118 m
From
533.4 m
To
651.4 m
Intercept Depth
533.4 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
SDDSC222:533.4-651.4
Mining Method
underground

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
1.6
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
5
Cutoff Unit
g/t AuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: The antimony grade, while present over a wide interval, is low, but contributes to the overall polymetallic nature of the mineralization.

Positive factors

  • Wide intercept length (118 m) indicates significant mineralized zone.

Negative factors

  • Antimony grade (0.26% Sb) is relatively low, contributing less to the overall value.

Evidence · text

“The parent hole SDDSC222 intersected a 118 m stacked mineralized zone averaging 1.6 g/t AuEq (1.0 g/t Au, 0.26% Sb) from 533.4 m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

SDDSC222Apollo East · goldIntercept: 39.3 mView all details
Link to this fact

Identity

Hole ID
SDDSC222
Project
Apollo East
Commodity
gold
Region
australia_vic
Reported Region
australia_vic
Ticker
SX2

Geometry

Intercept
39.3 m
From
597.3 m
To
636.6 m
Intercept Depth
533.4 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
SDDSC222:597.3-636.6
Mining Method
underground

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
3.3
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
5
Cutoff Unit
g/t AuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This significant sub-interval within the broader mineralized zone indicates good continuity of economic grades, contributing to the overall potential of the Apollo prospect.

Positive factors

  • Strong intercept length (39.3 m) within a broader mineralized zone.
  • Moderate gold equivalent grade (3.3 g/t AuEq) for the width.

Negative factors

  • Individual gold and antimony grades not specified for this sub-interval.

Evidence · text

“including 39.3 m @ 3.3 g/t AuEq from 597.3 m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

SDDSC222Apollo East · antimonyIntercept: 39.3 mView all details
Link to this fact

Identity

Hole ID
SDDSC222
Project
Apollo East
Commodity
antimony
Region
australia_vic
Reported Region
australia_vic
Ticker
SX2

Geometry

Intercept
39.3 m
From
597.3 m
To
636.6 m
Intercept Depth
533.4 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
SDDSC222:597.3-636.6
Mining Method
underground

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
3.3
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
5
Cutoff Unit
g/t AuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This significant sub-interval within the broader mineralized zone indicates good continuity of economic grades, contributing to the overall potential of the Apollo prospect.

Positive factors

  • Strong intercept length (39.3 m) within a broader mineralized zone.
  • Moderate gold equivalent grade (3.3 g/t AuEq) for the width.

Negative factors

  • Individual gold and antimony grades not specified for this sub-interval.

Evidence · text

“including 39.3 m @ 3.3 g/t AuEq from 597.3 m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

SDDSC227Apollo East · goldGrade: 18.4Grade Unit: g/tIntercept: 5.1 mView all details
Link to this fact

Identity

Hole ID
SDDSC227
Project
Apollo East
Commodity
gold
Region
australia_vic
Reported Region
australia_vic
Ticker
SX2

Geometry

Grade
18.4
Grade Unit
g/t
Intercept
5.1 m
From
260.9 m
To
266 m
Intercept Depth
260.9 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
SDDSC227:260.9-266
Mining Method
underground

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
27.2
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
5
Cutoff Unit
g/t AuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This high-grade gold intercept is significant for its shallow depth and eastern extension, indicating strong potential for resource growth in Apollo East.

Positive factors

  • High gold grade (18.4 g/t Au) for an orogenic deposit.
  • Shallowest high-grade intersection drilled in Apollo East to date, indicating near-surface potential.
  • Easternmost significant intersection, extending the project's footprint.

Evidence · text

“SDDSC227 returned 5.1 m @ 27.2 g/t AuEq (18.4 g/t Au, 3.7% Sb), including 2.6 m @ 51.1 g/t AuEq, from 260.9 m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

SDDSC227Apollo East · antimonyGrade: 3.7Grade Unit: %Intercept: 5.1 mView all details
Link to this fact

Identity

Hole ID
SDDSC227
Project
Apollo East
Commodity
antimony
Region
australia_vic
Reported Region
australia_vic
Ticker
SX2

Geometry

Grade
3.7
Grade Unit
%
Intercept
5.1 m
From
260.9 m
To
266 m
Intercept Depth
260.9 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
SDDSC227:260.9-266
Mining Method
underground

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
27.2
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
5
Cutoff Unit
g/t AuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This high-grade antimony intercept, combined with gold, contributes to a strong polymetallic result and extends mineralization to the east.

Positive factors

  • High antimony grade (3.7% Sb) for the deposit type.
  • Contributes significantly to the high gold equivalent grade.
  • Easternmost significant intersection, extending the project's footprint.

Evidence · text

“SDDSC227 returned 5.1 m @ 27.2 g/t AuEq (18.4 g/t Au, 3.7% Sb), including 2.6 m @ 51.1 g/t AuEq, from 260.9 m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

SDDSC227Apollo East · goldIntercept: 2.6 mView all details
Link to this fact

Identity

Hole ID
SDDSC227
Project
Apollo East
Commodity
gold
Region
australia_vic
Reported Region
australia_vic
Ticker
SX2

Geometry

Intercept
2.6 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Mining Method
underground

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
51.1
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
5
Cutoff Unit
g/t AuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This high-grade sub-interval confirms the presence of very rich mineralization within the Apollo East intercept, enhancing its overall significance.

Positive factors

  • Very high gold equivalent grade (51.1 g/t AuEq) within a broader intercept.
  • Indicates a high-grade core within the mineralized zone.

Negative factors

  • Individual gold and antimony grades not specified for this sub-interval.

Evidence · text

“including 2.6 m @ 51.1 g/t AuEq”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

SDDSC227Apollo East · antimonyIntercept: 2.6 mView all details
Link to this fact

Identity

Hole ID
SDDSC227
Project
Apollo East
Commodity
antimony
Region
australia_vic
Reported Region
australia_vic
Ticker
SX2

Geometry

Intercept
2.6 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Mining Method
underground

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
51.1
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
5
Cutoff Unit
g/t AuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This high-grade sub-interval confirms the presence of very rich mineralization within the Apollo East intercept, enhancing its overall significance.

Positive factors

  • Very high gold equivalent grade (51.1 g/t AuEq) within a broader intercept.
  • Indicates a high-grade core within the mineralized zone.

Negative factors

  • Individual gold and antimony grades not specified for this sub-interval.

Evidence · text

“including 2.6 m @ 51.1 g/t AuEq”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

SDDSC223Apollo East · goldGrade: 97.6Grade Unit: g/tIntercept: 0.1 mView all details
Link to this fact

Identity

Hole ID
SDDSC223
Project
Apollo East
Commodity
gold
Region
australia_vic
Reported Region
australia_vic
Ticker
SX2

Geometry

Grade
97.6
Grade Unit
g/t
Intercept
0.1 m
From
280.5 m
To
280.6 m
Intercept Depth
280.5 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
SDDSC223:280.5-280.6
Mining Method
underground

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Compositing

Cutoff Grade
5
Cutoff Unit
g/t AuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This high-grade gold intercept, while narrow, is significant for identifying a new vein set, suggesting further exploration potential in Apollo East.

Positive factors

  • High gold grade (97.6 g/t Au) for an orogenic deposit.
  • Identifies a previously undefined gold-rich vein set, indicating new discovery potential.

Negative factors

  • Very narrow intercept length (0.1 m) limits overall contained metal.

Evidence · text

“SDDSC223 returned 97.6 g/t Au over 0.1 m from 280.5 m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

SDDSC225Golden Dyke · goldGrade: 178.4Grade Unit: g/tIntercept: 2.7 mView all details
Link to this fact

Identity

Hole ID
SDDSC225
Project
Golden Dyke
Commodity
gold
Region
australia_vic
Reported Region
australia_vic
Ticker
SX2

Geometry

Grade
178.4
Grade Unit
g/t
Intercept
2.7 m
From
662.3 m
To
665 m
Intercept Depth
662.3 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
SDDSC225:662.3-665
Mining Method
underground

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
178.6
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
5
Cutoff Unit
g/t AuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This high-grade gold intercept, achieved through infill drilling, extends the GD40 vein set to its deepest point, confirming continuity and high-grade potential at depth.

Positive factors

  • Very high gold grade (178.4 g/t Au) for an orogenic deposit.
  • Deepest intercept on the GD40 vein set, extending known mineralization at depth.
  • Strong grade-width product (481.68 g/t·m) comparable to project bests.

Evidence · text

“SDDSC225 returned 2.7 m @ 178.6 g/t AuEq (178.4 g/t Au, 0.1% Sb) from 662.3 m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

SDDSC225Golden Dyke · antimonyGrade: 0.1Grade Unit: %Intercept: 2.7 mView all details
Link to this fact

Identity

Hole ID
SDDSC225
Project
Golden Dyke
Commodity
antimony
Region
australia_vic
Reported Region
australia_vic
Ticker
SX2

Geometry

Grade
0.1
Grade Unit
%
Intercept
2.7 m
From
662.3 m
To
665 m
Intercept Depth
662.3 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
SDDSC225:662.3-665
Mining Method
underground

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
178.6
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
5
Cutoff Unit
g/t AuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: The antimony grade in this intercept is very low, contributing minimally to the overall metal equivalent value.

Negative factors

  • Antimony grade (0.1% Sb) is very low and below typical economic thresholds for antimony.

Evidence · text

“SDDSC225 returned 2.7 m @ 178.6 g/t AuEq (178.4 g/t Au, 0.1% Sb) from 662.3 m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

SDDSC225Golden Dyke · goldGrade: 32.9Grade Unit: g/tIntercept: 3.9 mView all details
Link to this fact

Identity

Hole ID
SDDSC225
Project
Golden Dyke
Commodity
gold
Region
australia_vic
Reported Region
australia_vic
Ticker
SX2

Geometry

Grade
32.9
Grade Unit
g/t
Intercept
3.9 m
From
793.8 m
To
797.7 m
Intercept Depth
793.8 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
SDDSC225:793.8-797.7
Mining Method
underground

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
32.9
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
5
Cutoff Unit
g/t AuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This high-grade gold intercept at depth confirms the continuity of strong mineralization within the Golden Dyke prospect.

Positive factors

  • High gold grade (32.9 g/t Au) for an orogenic deposit.
  • Good intercept length (3.9 m) at significant depth.

Evidence · text

“together with 3.9 m @ 32.9 g/t AuEq (32.9 g/t Au, 0.0% Sb) from 793.8 m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

SDDSC225Golden Dyke · antimonyGrade: 0Grade Unit: %Intercept: 3.9 mView all details
Link to this fact

Identity

Hole ID
SDDSC225
Project
Golden Dyke
Commodity
antimony
Region
australia_vic
Reported Region
australia_vic
Ticker
SX2

Geometry

Grade
0
Grade Unit
%
Intercept
3.9 m
From
793.8 m
To
797.7 m
Intercept Depth
793.8 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
SDDSC225:793.8-797.7
Mining Method
underground

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
32.9
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
5
Cutoff Unit
g/t AuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: The absence of antimony in this intercept indicates a gold-dominant zone, which is consistent with established zonation at depth.

Negative factors

  • Antimony grade (0.0% Sb) is negligible, indicating a gold-only intercept.

Evidence · text

“together with 3.9 m @ 32.9 g/t AuEq (32.9 g/t Au, 0.0% Sb) from 793.8 m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

SDDSC218Golden Dyke · goldGrade: 49.8Grade Unit: g/tIntercept: 6.8 mView all details
Link to this fact

Identity

Hole ID
SDDSC218
Project
Golden Dyke
Commodity
gold
Region
australia_vic
Reported Region
australia_vic
Ticker
SX2

Geometry

Grade
49.8
Grade Unit
g/t
Intercept
6.8 m
From
537.9 m
To
544.7 m
Intercept Depth
537.9 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
SDDSC218:537.9-544.7
Mining Method
underground

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
50.1
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
5
Cutoff Unit
g/t AuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This high-grade gold intercept from infill drilling confirms strong continuity and significant mineralization within the Golden Dyke prospect.

Positive factors

  • High gold grade (49.8 g/t Au) for an orogenic deposit.
  • Good intercept length (6.8 m) indicates significant mineralization.
  • Strong grade-width product (338.64 g/t·m).

Evidence · text

“SDDSC218 intersected 22 vein sets and returned 6.8 m @ 50.1 g/t AuEq (49.8 g/t Au, 0.1% Sb) from 537.9 m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

SDDSC218Golden Dyke · antimonyGrade: 0.1Grade Unit: %Intercept: 6.8 mView all details
Link to this fact

Identity

Hole ID
SDDSC218
Project
Golden Dyke
Commodity
antimony
Region
australia_vic
Reported Region
australia_vic
Ticker
SX2

Geometry

Grade
0.1
Grade Unit
%
Intercept
6.8 m
From
537.9 m
To
544.7 m
Intercept Depth
537.9 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
SDDSC218:537.9-544.7
Mining Method
underground

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
50.1
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
5
Cutoff Unit
g/t AuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: The antimony grade in this intercept is very low, indicating a gold-dominant zone at this depth.

Negative factors

  • Antimony grade (0.1% Sb) is very low and contributes minimally to the overall metal equivalent value.

Evidence · text

“SDDSC218 intersected 22 vein sets and returned 6.8 m @ 50.1 g/t AuEq (49.8 g/t Au, 0.1% Sb) from 537.9 m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

SDDSC218Golden Dyke · goldGrade: 4Grade Unit: g/tIntercept: 13 mView all details
Link to this fact

Identity

Hole ID
SDDSC218
Project
Golden Dyke
Commodity
gold
Region
australia_vic
Reported Region
australia_vic
Ticker
SX2

Geometry

Grade
4
Grade Unit
g/t
Intercept
13 m
From
477.8 m
To
490.8 m
Intercept Depth
477.8 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
SDDSC218:477.8-490.8
Mining Method
underground

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
6.8
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
5
Cutoff Unit
g/t AuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This intercept confirms good continuity of mineralization with economic grades over a significant width, supporting resource definition.

Positive factors

  • Good intercept length (13.0 m) indicates significant mineralization.
  • Moderate gold grade (4.0 g/t Au) for an orogenic deposit.

Evidence · text

“together with 13.0 m @ 6.8 g/t AuEq (4.0 g/t Au, 1.2% Sb) from 477.8 m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

SDDSC218Golden Dyke · antimonyGrade: 1.2Grade Unit: %Intercept: 13 mView all details
Link to this fact

Identity

Hole ID
SDDSC218
Project
Golden Dyke
Commodity
antimony
Region
australia_vic
Reported Region
australia_vic
Ticker
SX2

Geometry

Grade
1.2
Grade Unit
%
Intercept
13 m
From
477.8 m
To
490.8 m
Intercept Depth
477.8 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
SDDSC218:477.8-490.8
Mining Method
underground

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
6.8
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
5
Cutoff Unit
g/t AuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This antimony intercept, combined with gold, confirms good continuity of polymetallic mineralization, supporting resource definition.

Positive factors

  • Good antimony grade (1.2% Sb) over a significant width, contributing to the polymetallic nature.

Evidence · text

“together with 13.0 m @ 6.8 g/t AuEq (4.0 g/t Au, 1.2% Sb) from 477.8 m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

SDDSC218Golden Dyke · goldGrade: 8.1Grade Unit: g/tIntercept: 9.7 mView all details
Link to this fact

Identity

Hole ID
SDDSC218
Project
Golden Dyke
Commodity
gold
Region
australia_vic
Reported Region
australia_vic
Ticker
SX2

Geometry

Grade
8.1
Grade Unit
g/t
Intercept
9.7 m
From
646.1 m
To
655.8 m
Intercept Depth
646.1 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
SDDSC218:646.1-655.8
Mining Method
underground

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
9.5
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
5
Cutoff Unit
g/t AuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This high-grade gold intercept from infill drilling confirms strong continuity of mineralization at depth within the Golden Dyke prospect.

Positive factors

  • High gold grade (8.1 g/t Au) for an orogenic deposit.
  • Good intercept length (9.7 m) at significant depth.

Evidence · text

“and 9.7 m @ 9.5 g/t AuEq (8.1 g/t Au, 0.6% Sb) from 646.1 m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

SDDSC218Golden Dyke · antimonyGrade: 0.6Grade Unit: %Intercept: 9.7 mView all details
Link to this fact

Identity

Hole ID
SDDSC218
Project
Golden Dyke
Commodity
antimony
Region
australia_vic
Reported Region
australia_vic
Ticker
SX2

Geometry

Grade
0.6
Grade Unit
%
Intercept
9.7 m
From
646.1 m
To
655.8 m
Intercept Depth
646.1 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
SDDSC218:646.1-655.8
Mining Method
underground

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
9.5
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
5
Cutoff Unit
g/t AuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This antimony intercept, combined with gold, confirms good continuity of polymetallic mineralization at depth, supporting resource definition.

Positive factors

  • Moderate antimony grade (0.6% Sb) over a good width, contributing to the polymetallic nature.

Evidence · text

“and 9.7 m @ 9.5 g/t AuEq (8.1 g/t Au, 0.6% Sb) from 646.1 m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

SDDSC229Golden Dyke · goldGrade: 6.8Grade Unit: g/tIntercept: 13.2 mView all details
Link to this fact

Identity

Hole ID
SDDSC229
Project
Golden Dyke
Commodity
gold
Region
australia_vic
Reported Region
australia_vic
Ticker
SX2

Geometry

Grade
6.8
Grade Unit
g/t
Intercept
13.2 m
From
489 m
To
502.2 m
Intercept Depth
489 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
SDDSC229:489-502.2
Mining Method
underground

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
7.9
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
5
Cutoff Unit
g/t AuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This infill intercept confirms good continuity of economic gold mineralization over a significant width, supporting resource definition.

Positive factors

  • Good intercept length (13.2 m) indicates significant mineralization.
  • Moderate gold grade (6.8 g/t Au) for an orogenic deposit.
  • Confirms continuity of the GD80 and GD82 vein sets.

Evidence · text

“SDDSC229 returned 13.2 m @ 7.9 g/t AuEq (6.8 g/t Au, 0.4% Sb) from 489.0 m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

SDDSC229Golden Dyke · antimonyGrade: 0.4Grade Unit: %Intercept: 13.2 mView all details
Link to this fact

Identity

Hole ID
SDDSC229
Project
Golden Dyke
Commodity
antimony
Region
australia_vic
Reported Region
australia_vic
Ticker
SX2

Geometry

Grade
0.4
Grade Unit
%
Intercept
13.2 m
From
489 m
To
502.2 m
Intercept Depth
489 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
SDDSC229:489-502.2
Mining Method
underground

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
7.9
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
5
Cutoff Unit
g/t AuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This infill antimony intercept, combined with gold, confirms good continuity of polymetallic mineralization, supporting resource definition.

Positive factors

  • Moderate antimony grade (0.4% Sb) over a good width, contributing to the polymetallic nature.
  • Confirms continuity of the GD80 and GD82 vein sets.

Evidence · text

“SDDSC229 returned 13.2 m @ 7.9 g/t AuEq (6.8 g/t Au, 0.4% Sb) from 489.0 m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

SDDSC229Golden Dyke · goldGrade: 5.2Grade Unit: g/tIntercept: 8.6 mView all details
Link to this fact

Identity

Hole ID
SDDSC229
Project
Golden Dyke
Commodity
gold
Region
australia_vic
Reported Region
australia_vic
Ticker
SX2

Geometry

Grade
5.2
Grade Unit
g/t
Intercept
8.6 m
From
523.1 m
To
531.7 m
Intercept Depth
523.1 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
SDDSC229:523.1-531.7
Mining Method
underground

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
8.2
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
5
Cutoff Unit
g/t AuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This infill intercept confirms good continuity of economic gold mineralization over a significant width, supporting resource definition.

Positive factors

  • Good intercept length (8.6 m) indicates significant mineralization.
  • Moderate gold grade (5.2 g/t Au) for an orogenic deposit.
  • Confirms continuity of the GD80 and GD82 vein sets.

Evidence · text

“and 8.6 m @ 8.2 g/t AuEq (5.2 g/t Au, 1.3% Sb) from 523.1 m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

SDDSC229Golden Dyke · antimonyGrade: 1.3Grade Unit: %Intercept: 8.6 mView all details
Link to this fact

Identity

Hole ID
SDDSC229
Project
Golden Dyke
Commodity
antimony
Region
australia_vic
Reported Region
australia_vic
Ticker
SX2

Geometry

Grade
1.3
Grade Unit
%
Intercept
8.6 m
From
523.1 m
To
531.7 m
Intercept Depth
523.1 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
SDDSC229:523.1-531.7
Mining Method
underground

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
8.2
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
5
Cutoff Unit
g/t AuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This infill antimony intercept, combined with gold, confirms good continuity of polymetallic mineralization, supporting resource definition.

Positive factors

  • High antimony grade (1.3% Sb) over a good width, contributing to the polymetallic nature.
  • Confirms continuity of the GD80 and GD82 vein sets.

Evidence · text

“and 8.6 m @ 8.2 g/t AuEq (5.2 g/t Au, 1.3% Sb) from 523.1 m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

SDDSC221Golden Dyke · goldGrade: 198.9Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
SDDSC221
Project
Golden Dyke
Commodity
gold
Region
australia_vic
Reported Region
australia_vic
Ticker
SX2

Geometry

Grade
198.9
Grade Unit
g/t
Intercept
1 m
From
680 m
To
681 m
Intercept Depth
680 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
SDDSC221:680-681
Mining Method
underground

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
198.9
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
5
Cutoff Unit
g/t AuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This very high-grade gold intercept from infill drilling extends the Golden Dyke mineralization to the west, indicating strong continuity and potential for expansion.

Positive factors

  • Very high gold grade (198.9 g/t Au) for an orogenic deposit.
  • Extends Golden Dyke 30 m to 50 m west towards Christina, indicating step-out potential.

Evidence · text

“SDDSC221 returned 1.0 m @ 198.9 g/t AuEq (198.9 g/t Au, 0.0% Sb) from 680.0 m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

SDDSC221Golden Dyke · antimonyGrade: 0Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Hole ID
SDDSC221
Project
Golden Dyke
Commodity
antimony
Region
australia_vic
Reported Region
australia_vic
Ticker
SX2

Geometry

Grade
0
Grade Unit
%
Intercept
1 m
From
680 m
To
681 m
Intercept Depth
680 m

Classification

Deposit Type
orogenic
Program
resource
Sample Type
drill
Group ID
SDDSC221:680-681
Mining Method
underground

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
198.9
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
5
Cutoff Unit
g/t AuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: The absence of antimony in this intercept indicates a gold-dominant zone, consistent with established zonation at depth.

Negative factors

  • Antimony grade (0.0% Sb) is negligible, indicating a gold-only intercept.

Evidence · text

“SDDSC221 returned 1.0 m @ 198.9 g/t AuEq (198.9 g/t Au, 0.0% Sb) from 680.0 m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

SDDSC202Apollo East · goldGrade: 4Grade Unit: g/tIntercept: 36.6 mView all details
Link to this fact

Identity

Hole ID
SDDSC202
Project
Apollo East
Commodity
gold
Region
australia_vic
Reported Region
australia_vic
Ticker
SX2

Geometry

Grade
4
Grade Unit
g/t
Intercept
36.6 m
From
700 m
To
736.6 m
Intercept Depth
700 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
SDDSC202:700-736.6
Mining Method
underground

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
6.5
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
5
Cutoff Unit
g/t AuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This wide intercept demonstrates a substantial mineralized zone with economic gold grades, indicating potential for a larger-scale resource at Apollo.

Positive factors

  • Very wide intercept length (36.6 m) indicates significant mineralized zone.
  • Moderate gold grade (4.0 g/t Au) for an orogenic deposit over such a width.

Evidence · text

“SDDSC202 returned 36.6 m @ 6.5 g/t AuEq (4.0 g/t Au, 1.0% Sb) from 700.0 m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

SDDSC202Apollo East · antimonyGrade: 1Grade Unit: %Intercept: 36.6 mView all details
Link to this fact

Identity

Hole ID
SDDSC202
Project
Apollo East
Commodity
antimony
Region
australia_vic
Reported Region
australia_vic
Ticker
SX2

Geometry

Grade
1
Grade Unit
%
Intercept
36.6 m
From
700 m
To
736.6 m
Intercept Depth
700 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
SDDSC202:700-736.6
Mining Method
underground

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
6.5
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
5
Cutoff Unit
g/t AuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This wide antimony intercept, combined with gold, confirms significant polymetallic mineralization, indicating potential for a larger-scale resource at Apollo.

Positive factors

  • High antimony grade (1.0% Sb) over a very wide intercept, contributing significantly to the polymetallic nature.

Evidence · text

“SDDSC202 returned 36.6 m @ 6.5 g/t AuEq (4.0 g/t Au, 1.0% Sb) from 700.0 m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

SDDSC202Apollo East · goldIntercept: 2.7 mView all details
Link to this fact

Identity

Hole ID
SDDSC202
Project
Apollo East
Commodity
gold
Region
australia_vic
Reported Region
australia_vic
Ticker
SX2

Geometry

Intercept
2.7 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Mining Method
underground

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
34
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
5
Cutoff Unit
g/t AuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This high-grade sub-interval confirms the presence of rich mineralization within the Apollo intercept, enhancing its overall significance.

Positive factors

  • High gold equivalent grade (34.0 g/t AuEq) within a broader intercept.
  • Indicates a high-grade core within the mineralized zone.

Negative factors

  • Individual gold and antimony grades not specified for this sub-interval.

Evidence · text

“including 2.7 m @ 34.0 g/t AuEq”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

SDDSC202Apollo East · antimonyIntercept: 2.7 mView all details
Link to this fact

Identity

Hole ID
SDDSC202
Project
Apollo East
Commodity
antimony
Region
australia_vic
Reported Region
australia_vic
Ticker
SX2

Geometry

Intercept
2.7 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Mining Method
underground

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
34
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
5
Cutoff Unit
g/t AuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This high-grade sub-interval confirms the presence of rich mineralization within the Apollo intercept, enhancing its overall significance.

Positive factors

  • High gold equivalent grade (34.0 g/t AuEq) within a broader intercept.
  • Indicates a high-grade core within the mineralized zone.

Negative factors

  • Individual gold and antimony grades not specified for this sub-interval.

Evidence · text

“including 2.7 m @ 34.0 g/t AuEq”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

SDDSC202Apollo East · goldIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
SDDSC202
Project
Apollo East
Commodity
gold
Region
australia_vic
Reported Region
australia_vic
Ticker
SX2

Geometry

Intercept
1.5 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Mining Method
underground

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
27.3
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
5
Cutoff Unit
g/t AuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This high-grade sub-interval confirms the presence of rich mineralization within the Apollo intercept, enhancing its overall significance.

Positive factors

  • High gold equivalent grade (27.3 g/t AuEq) within a broader intercept.
  • Indicates a high-grade core within the mineralized zone.

Negative factors

  • Individual gold and antimony grades not specified for this sub-interval.

Evidence · text

“and 1.5 m @ 27.3 g/t AuEq”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

SDDSC202Apollo East · antimonyIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
SDDSC202
Project
Apollo East
Commodity
antimony
Region
australia_vic
Reported Region
australia_vic
Ticker
SX2

Geometry

Intercept
1.5 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Mining Method
underground

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
27.3
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
5
Cutoff Unit
g/t AuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This high-grade sub-interval confirms the presence of rich mineralization within the Apollo intercept, enhancing its overall significance.

Positive factors

  • High gold equivalent grade (27.3 g/t AuEq) within a broader intercept.
  • Indicates a high-grade core within the mineralized zone.

Negative factors

  • Individual gold and antimony grades not specified for this sub-interval.

Evidence · text

“and 1.5 m @ 27.3 g/t AuEq”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

SDDSC214W1Apollo East · goldGrade: 232Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
SDDSC214W1
Project
Apollo East
Commodity
gold
Region
australia_vic
Reported Region
australia_vic
Ticker
SX2

Geometry

Grade
232
Grade Unit
g/t
Intercept
0.5 m
From
605.2 m
To
605.7 m
Intercept Depth
605.2 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
SDDSC214W1:605.2-605.7
Mining Method
underground

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
251.4
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
5
Cutoff Unit
g/t AuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This very high-grade gold intercept expands the Apollo East mineralization to the east, indicating strong potential for resource growth.

Positive factors

  • Very high gold grade (232.0 g/t Au) for an orogenic deposit.
  • Expands Apollo East a further 20 m to the east, indicating step-out potential.

Evidence · text

“SDDSC214W1 returned 0.5 m @ 251.4 g/t AuEq (232.0 g/t Au, 8.1% Sb) from 605.2 m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

SDDSC214W1Apollo East · antimonyGrade: 8.1Grade Unit: %Intercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
SDDSC214W1
Project
Apollo East
Commodity
antimony
Region
australia_vic
Reported Region
australia_vic
Ticker
SX2

Geometry

Grade
8.1
Grade Unit
%
Intercept
0.5 m
From
605.2 m
To
605.7 m
Intercept Depth
605.2 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
SDDSC214W1:605.2-605.7
Mining Method
underground

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
251.4
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
5
Cutoff Unit
g/t AuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This high-grade antimony intercept, combined with gold, expands the Apollo East mineralization to the east, indicating strong potential for resource growth.

Positive factors

  • High antimony grade (8.1% Sb) over a good width, contributing significantly to the polymetallic nature.
  • Expands Apollo East a further 20 m to the east, indicating step-out potential.

Evidence · text

“SDDSC214W1 returned 0.5 m @ 251.4 g/t AuEq (232.0 g/t Au, 8.1% Sb) from 605.2 m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

SDDSC217Apollo East · goldGrade: 55.8Grade Unit: g/tIntercept: 0.1 mView all details
Link to this fact

Identity

Hole ID
SDDSC217
Project
Apollo East
Commodity
gold
Region
australia_vic
Reported Region
australia_vic
Ticker
SX2

Geometry

Grade
55.8
Grade Unit
g/t
Intercept
0.1 m
From
324.9 m
To
325 m
Intercept Depth
324.9 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
SDDSC217:324.9-325
Mining Method
underground

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
130.6
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
5
Cutoff Unit
g/t AuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This high-grade gold intercept, while narrow, is significant for its shallow depth, indicating potential for near-surface high-grade mineralization in Apollo East.

Positive factors

  • High gold grade (55.8 g/t Au) for an orogenic deposit.
  • Shallowest Apollo East result at the time, indicating near-surface potential.

Negative factors

  • Very narrow intercept length (0.1 m) limits overall contained metal.

Evidence · text

“SDDSC217 returned 0.1 m @ 130.6 g/t AuEq (55.8 g/t Au, 31.3% Sb) from 324.9 m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

SDDSC217Apollo East · antimonyGrade: 31.3Grade Unit: %Intercept: 0.1 mView all details
Link to this fact

Identity

Hole ID
SDDSC217
Project
Apollo East
Commodity
antimony
Region
australia_vic
Reported Region
australia_vic
Ticker
SX2

Geometry

Grade
31.3
Grade Unit
%
Intercept
0.1 m
From
324.9 m
To
325 m
Intercept Depth
324.9 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
SDDSC217:324.9-325
Mining Method
underground

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
130.6
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
5
Cutoff Unit
g/t AuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This exceptional antimony grade, combined with gold, is significant for its shallow depth, indicating potential for near-surface high-grade polymetallic mineralization in Apollo East.

Positive factors

  • Exceptional antimony grade (31.3% Sb) for the deposit type.
  • Contributes significantly to the high gold equivalent grade.
  • Shallowest Apollo East result at the time, indicating near-surface potential.

Negative factors

  • Very narrow intercept length (0.1 m) limits overall contained metal.

Evidence · text

“SDDSC217 returned 0.1 m @ 130.6 g/t AuEq (55.8 g/t Au, 31.3% Sb) from 324.9 m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

SDDSC233Golden Dyke · goldGrade: 2.8Grade Unit: g/tIntercept: 7.9 mView all details
Link to this fact

Identity

Hole ID
SDDSC233
Project
Golden Dyke
Commodity
gold
Region
australia_vic
Reported Region
australia_vic
Ticker
SX2

Geometry

Grade
2.8
Grade Unit
g/t
Intercept
7.9 m
From
363.1 m
To
371 m
Intercept Depth
363.1 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
SDDSC233:363.1-371
Mining Method
underground

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
19.9
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
5
Cutoff Unit
g/t AuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This intercept confirms good continuity of economic gold mineralization over a significant width, consistent with the established zonation of the deposit.

Positive factors

  • Good intercept length (7.9 m) indicates significant mineralization.
  • Moderate gold grade (2.8 g/t Au) for an orogenic deposit.
  • Confirms antimony dominance in the upper part of the system, consistent with zonation.

Evidence · text

“Best results included 7.9 m @ 19.9 g/t AuEq (2.8 g/t Au, 7.1% Sb) from 363.1 m in SDDSC233”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

SDDSC233Golden Dyke · antimonyGrade: 7.1Grade Unit: %Intercept: 7.9 mView all details
Link to this fact

Identity

Hole ID
SDDSC233
Project
Golden Dyke
Commodity
antimony
Region
australia_vic
Reported Region
australia_vic
Ticker
SX2

Geometry

Grade
7.1
Grade Unit
%
Intercept
7.9 m
From
363.1 m
To
371 m
Intercept Depth
363.1 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
SDDSC233:363.1-371
Mining Method
underground

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
19.9
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
5
Cutoff Unit
g/t AuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This high-grade antimony intercept, combined with gold, confirms significant polymetallic mineralization and supports the established zonation of the deposit.

Positive factors

  • High antimony grade (7.1% Sb) over a good width, contributing significantly to the polymetallic nature.
  • Confirms antimony dominance in the upper part of the system, consistent with zonation.

Evidence · text

“Best results included 7.9 m @ 19.9 g/t AuEq (2.8 g/t Au, 7.1% Sb) from 363.1 m in SDDSC233”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

SDDSC233Golden Dyke · goldGrade: 3.5Grade Unit: g/tIntercept: 3.7 mView all details
Link to this fact

Identity

Hole ID
SDDSC233
Project
Golden Dyke
Commodity
gold
Region
australia_vic
Reported Region
australia_vic
Ticker
SX2

Geometry

Grade
3.5
Grade Unit
g/t
Intercept
3.7 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Mining Method
underground

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
37.5
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
5
Cutoff Unit
g/t AuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This high-grade sub-interval confirms the presence of rich mineralization within the Golden Dyke intercept, enhancing its overall significance.

Positive factors

  • High gold equivalent grade (37.5 g/t AuEq) within a broader intercept.
  • Indicates a high-grade core within the mineralized zone.

Evidence · text

“including 3.7 m @ 37.5 g/t AuEq (3.5 g/t Au, 14.2% Sb)”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

SDDSC233Golden Dyke · antimonyGrade: 14.2Grade Unit: %Intercept: 3.7 mView all details
Link to this fact

Identity

Hole ID
SDDSC233
Project
Golden Dyke
Commodity
antimony
Region
australia_vic
Reported Region
australia_vic
Ticker
SX2

Geometry

Grade
14.2
Grade Unit
%
Intercept
3.7 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Mining Method
underground

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
37.5
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
5
Cutoff Unit
g/t AuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This exceptional antimony grade within a sub-interval confirms the presence of very rich polymetallic mineralization, enhancing its overall significance.

Positive factors

  • Exceptional antimony grade (14.2% Sb) for the deposit type.
  • Contributes significantly to the high gold equivalent grade.
  • Indicates a high-grade core within the mineralized zone.

Evidence · text

“including 3.7 m @ 37.5 g/t AuEq (3.5 g/t Au, 14.2% Sb)”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

SDDSC235Christina · goldIntercept: 8.3 mView all details
Link to this fact

Identity

Hole ID
SDDSC235
Project
Christina
Commodity
gold
Region
australia_vic
Reported Region
australia_vic
Ticker
SX2

Geometry

Intercept
8.3 m
From
708.7 m
To
717 m
Intercept Depth
708.7 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
SDDSC235:708.7-717
Mining Method
underground

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
4.8
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
5
Cutoff Unit
g/t AuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This intercept, while below the stated cutoff, is significant for extending the mineralized corridor into the Christina prospect, indicating exploration success in expanding the project footprint.

Positive factors

  • Good intercept length (8.3 m) indicates significant mineralization.
  • Extends the prospective corridor into Christina, demonstrating step-out potential.

Negative factors

  • Gold equivalent grade (4.8 g/t AuEq) is below the stated cutoff of 5 g/t AuEq, indicating marginal economic potential for this specific interval.

Evidence · text

“Best results included 8.3 m @ 4.8 g/t AuEq from 708.7 m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

SDDSC235Christina · antimonyIntercept: 8.3 mView all details
Link to this fact

Identity

Hole ID
SDDSC235
Project
Christina
Commodity
antimony
Region
australia_vic
Reported Region
australia_vic
Ticker
SX2

Geometry

Intercept
8.3 m
From
708.7 m
To
717 m
Intercept Depth
708.7 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
SDDSC235:708.7-717
Mining Method
underground

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
4.8
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
5
Cutoff Unit
g/t AuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This intercept, while below the stated cutoff, is significant for extending the mineralized corridor into the Christina prospect, indicating exploration success in expanding the project footprint.

Positive factors

  • Good intercept length (8.3 m) indicates significant mineralization.
  • Extends the prospective corridor into Christina, demonstrating step-out potential.

Negative factors

  • Gold equivalent grade (4.8 g/t AuEq) is below the stated cutoff of 5 g/t AuEq, indicating marginal economic potential for this specific interval.

Evidence · text

“Best results included 8.3 m @ 4.8 g/t AuEq from 708.7 m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

SDDSC235Christina · goldGrade: 141Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
SDDSC235
Project
Christina
Commodity
gold
Region
australia_vic
Reported Region
australia_vic
Ticker
SX2

Geometry

Grade
141
Grade Unit
g/t
Intercept
0.8 m
From
568.9 m
To
569.7 m
Intercept Depth
568.9 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
SDDSC235:568.9-569.7
Mining Method
underground

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
141
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
5
Cutoff Unit
g/t AuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This very high-grade gold intercept is significant for extending the mineralized corridor into the Christina prospect, indicating strong exploration success.

Positive factors

  • Very high gold grade (141.0 g/t Au) for an orogenic deposit.
  • Extends the prospective corridor into Christina, demonstrating step-out potential.

Evidence · text

“and 0.8 m @ 141.0 g/t AuEq (141.0 g/t Au) from 568.9 m, both in SDDSC235”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

SDDSC235Christina · antimonyGrade: 0Grade Unit: %Intercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
SDDSC235
Project
Christina
Commodity
antimony
Region
australia_vic
Reported Region
australia_vic
Ticker
SX2

Geometry

Grade
0
Grade Unit
%
Intercept
0.8 m
From
568.9 m
To
569.7 m
Intercept Depth
568.9 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
SDDSC235:568.9-569.7
Mining Method
underground

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
141
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
5
Cutoff Unit
g/t AuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: The absence of antimony in this intercept indicates a gold-dominant zone, consistent with established zonation.

Negative factors

  • Antimony grade (0.0% Sb) is negligible, indicating a gold-only intercept.

Evidence · text

“and 0.8 m @ 141.0 g/t AuEq (141.0 g/t Au) from 568.9 m, both in SDDSC235”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

SDDRE016Redcastle · goldGrade: 26.2Grade Unit: g/tIntercept: 0.14 mView all details
Link to this fact

Identity

Hole ID
SDDRE016
Project
Redcastle
Commodity
gold
Region
australia_vic
Reported Region
australia_vic
Ticker
SX2

Geometry

Grade
26.2
Grade Unit
g/t
Intercept
0.14 m
From
112.98 m
To
113.12 m
Intercept Depth
112.98 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
SDDRE016:112.98-113.12
Mining Method
underground

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Compositing

Cutoff Grade
5
Cutoff Unit
g/t AuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This high-grade gold intercept, while narrow, confirms the presence of Costerfield-style mineralization at Redcastle, indicating strong exploration potential.

Positive factors

  • High gold grade (26.2 g/t Au) for an orogenic deposit.
  • Confirms Costerfield-style gold-antimony mineralization, indicating potential for similar high-grade veins.

Negative factors

  • Very narrow intercept length (0.14 m) limits overall contained metal.

Evidence · text

“Best results included 26.2 g/t Au over 0.14 m from 112.98 m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

SDDRE016Redcastle · goldGrade: 15.4Grade Unit: g/tIntercept: 0.22 mView all details
Link to this fact

Identity

Hole ID
SDDRE016
Project
Redcastle
Commodity
gold
Region
australia_vic
Reported Region
australia_vic
Ticker
SX2

Geometry

Grade
15.4
Grade Unit
g/t
Intercept
0.22 m
From
321.84 m
To
322.06 m
Intercept Depth
321.84 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
SDDRE016:321.84-322.06
Mining Method
underground

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Compositing

Cutoff Grade
5
Cutoff Unit
g/t AuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This high-grade gold intercept, while narrow, further confirms the presence of Costerfield-style mineralization at Redcastle, indicating strong exploration potential.

Positive factors

  • High gold grade (15.4 g/t Au) for an orogenic deposit.
  • Confirms Costerfield-style gold-antimony mineralization over more than 250 m of vertical extent.

Negative factors

  • Very narrow intercept length (0.22 m) limits overall contained metal.

Evidence · text

“and 15.4 g/t Au over 0.22 m from 321.84 m in SDDRE016”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

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.