# SX2: SX2 FY27 First Quarter Financials and Management Analysis Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/sx2-sx2-fy27-first-quarter-financials-and-management-analysis--7eaf46fc-01e1-4f13-b8bb-97f39a0dd1d1 Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03149926 Publisher: asx Original announcement: 2026-10-07T22:09:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-07T23:18:33.557Z Atlas analysis updated: 2026-10-07T23:18:33.557Z - 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 Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas 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 factor: High-grade gold and antimony drill intercepts, including new project bests for grade x width. - Positive factor: Significant progress on underground exploration decline development and surface infrastructure. - Positive factor: Updated and expanded Exploration Target for the Sunday Creek project. - Positive factor: Acceptance of the first mining licence application, de-risking the approvals pathway. - Positive factor: Strong cash position to fund ongoing exploration and development. - Negative factor: Increased net loss for the quarter compared to the prior year. - Negative factor: Exploration decline advance rates were below plan due to poor ground conditions, delaying completion. - Negative factor: 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 Intercept** Polarity: positive Definition: 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 Estimated** Polarity: neutral Story-specific tag Definition: 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 Extension** Polarity: positive Definition: 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 Drilling** Polarity: neutral Definition: 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 Disclosed** Polarity: positive Definition: 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 Signed** Polarity: positive Story-specific tag Definition: 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 Disclosed** Polarity: positive Story-specific tag Definition: 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) ### SDDSC230 [Link to this fact](https://atlas-staging.minestarters.com/news/sx2-sx2-fy27-first-quarter-financials-and-management-analysis--7eaf46fc-01e1-4f13-b8bb-97f39a0dd1d1#fact-drill-facts-0) Rising Sun · gold #### 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 factor: Exceptional gold grade \(1466.4 g/t Au\) significantly exceeds the bonanza threshold for orogenic deposits. - Positive factor: High grade-width product \(439.92 g/t·m\) is a new best for the project. - Positive factor: 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 Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true ### SDDSC230 [Link to this fact](https://atlas-staging.minestarters.com/news/sx2-sx2-fy27-first-quarter-financials-and-management-analysis--7eaf46fc-01e1-4f13-b8bb-97f39a0dd1d1#fact-drill-facts-1) Rising Sun · antimony #### 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 factor: 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 Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true ### SDDSC230 [Link to this fact](https://atlas-staging.minestarters.com/news/sx2-sx2-fy27-first-quarter-financials-and-management-analysis--7eaf46fc-01e1-4f13-b8bb-97f39a0dd1d1#fact-drill-facts-2) Rising Sun · gold #### 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 factor: 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. - Positive factor: Confirms the presence of ultra-high-grade mineralization within the broader intercept. - Negative factor: 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 Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true ### SDDSC222W1 [Link to this fact](https://atlas-staging.minestarters.com/news/sx2-sx2-fy27-first-quarter-financials-and-management-analysis--7eaf46fc-01e1-4f13-b8bb-97f39a0dd1d1#fact-drill-facts-3) Apollo East · gold #### 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 factor: Exceptional gold grade \(972.0 g/t Au\) significantly exceeds the bonanza threshold for orogenic deposits. - Positive factor: Extends the A130 vein set 40 m below its previously known depth, demonstrating step-out potential. - Positive factor: 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 Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true ### SDDSC222W1 [Link to this fact](https://atlas-staging.minestarters.com/news/sx2-sx2-fy27-first-quarter-financials-and-management-analysis--7eaf46fc-01e1-4f13-b8bb-97f39a0dd1d1#fact-drill-facts-4) Apollo East · antimony #### 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 factor: High antimony grade \(8.9% Sb\) is strong for the deposit type. - Positive factor: 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 Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true ### SDDSC222 [Link to this fact](https://atlas-staging.minestarters.com/news/sx2-sx2-fy27-first-quarter-financials-and-management-analysis--7eaf46fc-01e1-4f13-b8bb-97f39a0dd1d1#fact-drill-facts-5) Apollo East · gold #### 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 factor: Very wide intercept length \(118 m\) indicates significant mineralized zone. - Positive factor: Moderate gold grade \(1.0 g/t Au\) for an orogenic deposit over such a width. - Positive factor: 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 Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true ### SDDSC222 [Link to this fact](https://atlas-staging.minestarters.com/news/sx2-sx2-fy27-first-quarter-financials-and-management-analysis--7eaf46fc-01e1-4f13-b8bb-97f39a0dd1d1#fact-drill-facts-6) Apollo East · antimony #### 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 factor: Wide intercept length \(118 m\) indicates significant mineralized zone. - Negative factor: 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 Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true ### SDDSC222 [Link to this fact](https://atlas-staging.minestarters.com/news/sx2-sx2-fy27-first-quarter-financials-and-management-analysis--7eaf46fc-01e1-4f13-b8bb-97f39a0dd1d1#fact-drill-facts-7) Apollo East · gold #### 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 factor: Strong intercept length \(39.3 m\) within a broader mineralized zone. - Positive factor: Moderate gold equivalent grade \(3.3 g/t AuEq\) for the width. - Negative factor: 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 Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true ### SDDSC222 [Link to this fact](https://atlas-staging.minestarters.com/news/sx2-sx2-fy27-first-quarter-financials-and-management-analysis--7eaf46fc-01e1-4f13-b8bb-97f39a0dd1d1#fact-drill-facts-8) Apollo East · antimony #### 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 factor: Strong intercept length \(39.3 m\) within a broader mineralized zone. - Positive factor: Moderate gold equivalent grade \(3.3 g/t AuEq\) for the width. - Negative factor: 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 Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true ### SDDSC227 [Link to this fact](https://atlas-staging.minestarters.com/news/sx2-sx2-fy27-first-quarter-financials-and-management-analysis--7eaf46fc-01e1-4f13-b8bb-97f39a0dd1d1#fact-drill-facts-9) Apollo East · gold #### 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 factor: High gold grade \(18.4 g/t Au\) for an orogenic deposit. - Positive factor: Shallowest high-grade intersection drilled in Apollo East to date, indicating near-surface potential. - Positive factor: 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 Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true ### SDDSC227 [Link to this fact](https://atlas-staging.minestarters.com/news/sx2-sx2-fy27-first-quarter-financials-and-management-analysis--7eaf46fc-01e1-4f13-b8bb-97f39a0dd1d1#fact-drill-facts-10) Apollo East · antimony #### 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 factor: High antimony grade \(3.7% Sb\) for the deposit type. - Positive factor: Contributes significantly to the high gold equivalent grade. - Positive factor: 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 Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true ### SDDSC227 [Link to this fact](https://atlas-staging.minestarters.com/news/sx2-sx2-fy27-first-quarter-financials-and-management-analysis--7eaf46fc-01e1-4f13-b8bb-97f39a0dd1d1#fact-drill-facts-11) Apollo East · gold #### 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 factor: Very high gold equivalent grade \(51.1 g/t AuEq\) within a broader intercept. - Positive factor: Indicates a high-grade core within the mineralized zone. - Negative factor: 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 Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true ### SDDSC227 [Link to this fact](https://atlas-staging.minestarters.com/news/sx2-sx2-fy27-first-quarter-financials-and-management-analysis--7eaf46fc-01e1-4f13-b8bb-97f39a0dd1d1#fact-drill-facts-12) Apollo East · antimony #### 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 factor: Very high gold equivalent grade \(51.1 g/t AuEq\) within a broader intercept. - Positive factor: Indicates a high-grade core within the mineralized zone. - Negative factor: 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 Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true ### SDDSC223 [Link to this fact](https://atlas-staging.minestarters.com/news/sx2-sx2-fy27-first-quarter-financials-and-management-analysis--7eaf46fc-01e1-4f13-b8bb-97f39a0dd1d1#fact-drill-facts-13) Apollo East · gold #### 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 factor: High gold grade \(97.6 g/t Au\) for an orogenic deposit. - Positive factor: Identifies a previously undefined gold-rich vein set, indicating new discovery potential. - Negative factor: 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 Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true ### SDDSC225 [Link to this fact](https://atlas-staging.minestarters.com/news/sx2-sx2-fy27-first-quarter-financials-and-management-analysis--7eaf46fc-01e1-4f13-b8bb-97f39a0dd1d1#fact-drill-facts-14) Golden Dyke · gold #### 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 factor: Very high gold grade \(178.4 g/t Au\) for an orogenic deposit. - Positive factor: Deepest intercept on the GD40 vein set, extending known mineralization at depth. - Positive factor: 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 Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SDDSC225 [Link to this fact](https://atlas-staging.minestarters.com/news/sx2-sx2-fy27-first-quarter-financials-and-management-analysis--7eaf46fc-01e1-4f13-b8bb-97f39a0dd1d1#fact-drill-facts-15) Golden Dyke · antimony #### 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 factor: 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 Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SDDSC225 [Link to this fact](https://atlas-staging.minestarters.com/news/sx2-sx2-fy27-first-quarter-financials-and-management-analysis--7eaf46fc-01e1-4f13-b8bb-97f39a0dd1d1#fact-drill-facts-16) Golden Dyke · gold #### 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 factor: High gold grade \(32.9 g/t Au\) for an orogenic deposit. - Positive factor: 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 Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SDDSC225 [Link to this fact](https://atlas-staging.minestarters.com/news/sx2-sx2-fy27-first-quarter-financials-and-management-analysis--7eaf46fc-01e1-4f13-b8bb-97f39a0dd1d1#fact-drill-facts-17) Golden Dyke · antimony #### 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 factor: 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 Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SDDSC218 [Link to this fact](https://atlas-staging.minestarters.com/news/sx2-sx2-fy27-first-quarter-financials-and-management-analysis--7eaf46fc-01e1-4f13-b8bb-97f39a0dd1d1#fact-drill-facts-18) Golden Dyke · gold #### 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 factor: High gold grade \(49.8 g/t Au\) for an orogenic deposit. - Positive factor: Good intercept length \(6.8 m\) indicates significant mineralization. - Positive factor: 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 Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SDDSC218 [Link to this fact](https://atlas-staging.minestarters.com/news/sx2-sx2-fy27-first-quarter-financials-and-management-analysis--7eaf46fc-01e1-4f13-b8bb-97f39a0dd1d1#fact-drill-facts-19) Golden Dyke · antimony #### 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 factor: 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 Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SDDSC218 [Link to this fact](https://atlas-staging.minestarters.com/news/sx2-sx2-fy27-first-quarter-financials-and-management-analysis--7eaf46fc-01e1-4f13-b8bb-97f39a0dd1d1#fact-drill-facts-20) Golden Dyke · gold #### 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 factor: Good intercept length \(13.0 m\) indicates significant mineralization. - Positive factor: 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 Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SDDSC218 [Link to this fact](https://atlas-staging.minestarters.com/news/sx2-sx2-fy27-first-quarter-financials-and-management-analysis--7eaf46fc-01e1-4f13-b8bb-97f39a0dd1d1#fact-drill-facts-21) Golden Dyke · antimony #### 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 factor: 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 Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SDDSC218 [Link to this fact](https://atlas-staging.minestarters.com/news/sx2-sx2-fy27-first-quarter-financials-and-management-analysis--7eaf46fc-01e1-4f13-b8bb-97f39a0dd1d1#fact-drill-facts-22) Golden Dyke · gold #### 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 factor: High gold grade \(8.1 g/t Au\) for an orogenic deposit. - Positive factor: 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 Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SDDSC218 [Link to this fact](https://atlas-staging.minestarters.com/news/sx2-sx2-fy27-first-quarter-financials-and-management-analysis--7eaf46fc-01e1-4f13-b8bb-97f39a0dd1d1#fact-drill-facts-23) Golden Dyke · antimony #### 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 factor: 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 Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SDDSC229 [Link to this fact](https://atlas-staging.minestarters.com/news/sx2-sx2-fy27-first-quarter-financials-and-management-analysis--7eaf46fc-01e1-4f13-b8bb-97f39a0dd1d1#fact-drill-facts-24) Golden Dyke · gold #### 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 factor: Good intercept length \(13.2 m\) indicates significant mineralization. - Positive factor: Moderate gold grade \(6.8 g/t Au\) for an orogenic deposit. - Positive factor: 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 Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SDDSC229 [Link to this fact](https://atlas-staging.minestarters.com/news/sx2-sx2-fy27-first-quarter-financials-and-management-analysis--7eaf46fc-01e1-4f13-b8bb-97f39a0dd1d1#fact-drill-facts-25) Golden Dyke · antimony #### 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 factor: Moderate antimony grade \(0.4% Sb\) over a good width, contributing to the polymetallic nature. - Positive factor: 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 Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SDDSC229 [Link to this fact](https://atlas-staging.minestarters.com/news/sx2-sx2-fy27-first-quarter-financials-and-management-analysis--7eaf46fc-01e1-4f13-b8bb-97f39a0dd1d1#fact-drill-facts-26) Golden Dyke · gold #### 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 factor: Good intercept length \(8.6 m\) indicates significant mineralization. - Positive factor: Moderate gold grade \(5.2 g/t Au\) for an orogenic deposit. - Positive factor: 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 Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SDDSC229 [Link to this fact](https://atlas-staging.minestarters.com/news/sx2-sx2-fy27-first-quarter-financials-and-management-analysis--7eaf46fc-01e1-4f13-b8bb-97f39a0dd1d1#fact-drill-facts-27) Golden Dyke · antimony #### 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 factor: High antimony grade \(1.3% Sb\) over a good width, contributing to the polymetallic nature. - Positive factor: 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 Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SDDSC221 [Link to this fact](https://atlas-staging.minestarters.com/news/sx2-sx2-fy27-first-quarter-financials-and-management-analysis--7eaf46fc-01e1-4f13-b8bb-97f39a0dd1d1#fact-drill-facts-28) Golden Dyke · gold #### 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 factor: Very high gold grade \(198.9 g/t Au\) for an orogenic deposit. - Positive factor: 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 Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SDDSC221 [Link to this fact](https://atlas-staging.minestarters.com/news/sx2-sx2-fy27-first-quarter-financials-and-management-analysis--7eaf46fc-01e1-4f13-b8bb-97f39a0dd1d1#fact-drill-facts-29) Golden Dyke · antimony #### 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 factor: 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 Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### SDDSC202 [Link to this fact](https://atlas-staging.minestarters.com/news/sx2-sx2-fy27-first-quarter-financials-and-management-analysis--7eaf46fc-01e1-4f13-b8bb-97f39a0dd1d1#fact-drill-facts-30) Apollo East · gold #### 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 factor: Very wide intercept length \(36.6 m\) indicates significant mineralized zone. - Positive factor: 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 Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true ### SDDSC202 [Link to this fact](https://atlas-staging.minestarters.com/news/sx2-sx2-fy27-first-quarter-financials-and-management-analysis--7eaf46fc-01e1-4f13-b8bb-97f39a0dd1d1#fact-drill-facts-31) Apollo East · antimony #### 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 factor: 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 Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true ### SDDSC202 [Link to this fact](https://atlas-staging.minestarters.com/news/sx2-sx2-fy27-first-quarter-financials-and-management-analysis--7eaf46fc-01e1-4f13-b8bb-97f39a0dd1d1#fact-drill-facts-32) Apollo East · gold #### 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 factor: High gold equivalent grade \(34.0 g/t AuEq\) within a broader intercept. - Positive factor: Indicates a high-grade core within the mineralized zone. - Negative factor: 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 Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true ### SDDSC202 [Link to this fact](https://atlas-staging.minestarters.com/news/sx2-sx2-fy27-first-quarter-financials-and-management-analysis--7eaf46fc-01e1-4f13-b8bb-97f39a0dd1d1#fact-drill-facts-33) Apollo East · antimony #### 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 factor: High gold equivalent grade \(34.0 g/t AuEq\) within a broader intercept. - Positive factor: Indicates a high-grade core within the mineralized zone. - Negative factor: 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 Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true ### SDDSC202 [Link to this fact](https://atlas-staging.minestarters.com/news/sx2-sx2-fy27-first-quarter-financials-and-management-analysis--7eaf46fc-01e1-4f13-b8bb-97f39a0dd1d1#fact-drill-facts-34) Apollo East · gold #### 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 factor: High gold equivalent grade \(27.3 g/t AuEq\) within a broader intercept. - Positive factor: Indicates a high-grade core within the mineralized zone. - Negative factor: 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 Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true ### SDDSC202 [Link to this fact](https://atlas-staging.minestarters.com/news/sx2-sx2-fy27-first-quarter-financials-and-management-analysis--7eaf46fc-01e1-4f13-b8bb-97f39a0dd1d1#fact-drill-facts-35) Apollo East · antimony #### 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 factor: High gold equivalent grade \(27.3 g/t AuEq\) within a broader intercept. - Positive factor: Indicates a high-grade core within the mineralized zone. - Negative factor: 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 Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true ### SDDSC214W1 [Link to this fact](https://atlas-staging.minestarters.com/news/sx2-sx2-fy27-first-quarter-financials-and-management-analysis--7eaf46fc-01e1-4f13-b8bb-97f39a0dd1d1#fact-drill-facts-36) Apollo East · gold #### 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 factor: Very high gold grade \(232.0 g/t Au\) for an orogenic deposit. - Positive factor: 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 Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true ### SDDSC214W1 [Link to this fact](https://atlas-staging.minestarters.com/news/sx2-sx2-fy27-first-quarter-financials-and-management-analysis--7eaf46fc-01e1-4f13-b8bb-97f39a0dd1d1#fact-drill-facts-37) Apollo East · antimony #### 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 factor: High antimony grade \(8.1% Sb\) over a good width, contributing significantly to the polymetallic nature. - Positive factor: 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 Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true ### SDDSC217 [Link to this fact](https://atlas-staging.minestarters.com/news/sx2-sx2-fy27-first-quarter-financials-and-management-analysis--7eaf46fc-01e1-4f13-b8bb-97f39a0dd1d1#fact-drill-facts-38) Apollo East · gold #### 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 factor: High gold grade \(55.8 g/t Au\) for an orogenic deposit. - Positive factor: Shallowest Apollo East result at the time, indicating near-surface potential. - Negative factor: 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 Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true ### SDDSC217 [Link to this fact](https://atlas-staging.minestarters.com/news/sx2-sx2-fy27-first-quarter-financials-and-management-analysis--7eaf46fc-01e1-4f13-b8bb-97f39a0dd1d1#fact-drill-facts-39) Apollo East · antimony #### 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 factor: Exceptional antimony grade \(31.3% Sb\) for the deposit type. - Positive factor: Contributes significantly to the high gold equivalent grade. - Positive factor: Shallowest Apollo East result at the time, indicating near-surface potential. - Negative factor: 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 Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true ### SDDSC233 [Link to this fact](https://atlas-staging.minestarters.com/news/sx2-sx2-fy27-first-quarter-financials-and-management-analysis--7eaf46fc-01e1-4f13-b8bb-97f39a0dd1d1#fact-drill-facts-40) Golden Dyke · gold #### 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 factor: Good intercept length \(7.9 m\) indicates significant mineralization. - Positive factor: Moderate gold grade \(2.8 g/t Au\) for an orogenic deposit. - Positive factor: 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 Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true ### SDDSC233 [Link to this fact](https://atlas-staging.minestarters.com/news/sx2-sx2-fy27-first-quarter-financials-and-management-analysis--7eaf46fc-01e1-4f13-b8bb-97f39a0dd1d1#fact-drill-facts-41) Golden Dyke · antimony #### 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 factor: High antimony grade \(7.1% Sb\) over a good width, contributing significantly to the polymetallic nature. - Positive factor: 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 Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true ### SDDSC233 [Link to this fact](https://atlas-staging.minestarters.com/news/sx2-sx2-fy27-first-quarter-financials-and-management-analysis--7eaf46fc-01e1-4f13-b8bb-97f39a0dd1d1#fact-drill-facts-42) Golden Dyke · gold #### 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 factor: High gold equivalent grade \(37.5 g/t AuEq\) within a broader intercept. - Positive factor: 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 Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true ### SDDSC233 [Link to this fact](https://atlas-staging.minestarters.com/news/sx2-sx2-fy27-first-quarter-financials-and-management-analysis--7eaf46fc-01e1-4f13-b8bb-97f39a0dd1d1#fact-drill-facts-43) Golden Dyke · antimony #### 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 factor: Exceptional antimony grade \(14.2% Sb\) for the deposit type. - Positive factor: Contributes significantly to the high gold equivalent grade. - Positive factor: 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 Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true ### SDDSC235 [Link to this fact](https://atlas-staging.minestarters.com/news/sx2-sx2-fy27-first-quarter-financials-and-management-analysis--7eaf46fc-01e1-4f13-b8bb-97f39a0dd1d1#fact-drill-facts-44) Christina · gold #### 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 factor: Good intercept length \(8.3 m\) indicates significant mineralization. - Positive factor: Extends the prospective corridor into Christina, demonstrating step-out potential. - Negative factor: 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 Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true ### SDDSC235 [Link to this fact](https://atlas-staging.minestarters.com/news/sx2-sx2-fy27-first-quarter-financials-and-management-analysis--7eaf46fc-01e1-4f13-b8bb-97f39a0dd1d1#fact-drill-facts-45) Christina · antimony #### 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 factor: Good intercept length \(8.3 m\) indicates significant mineralization. - Positive factor: Extends the prospective corridor into Christina, demonstrating step-out potential. - Negative factor: 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 Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true ### SDDSC235 [Link to this fact](https://atlas-staging.minestarters.com/news/sx2-sx2-fy27-first-quarter-financials-and-management-analysis--7eaf46fc-01e1-4f13-b8bb-97f39a0dd1d1#fact-drill-facts-46) Christina · gold #### 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 factor: Very high gold grade \(141.0 g/t Au\) for an orogenic deposit. - Positive factor: 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 Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true ### SDDSC235 [Link to this fact](https://atlas-staging.minestarters.com/news/sx2-sx2-fy27-first-quarter-financials-and-management-analysis--7eaf46fc-01e1-4f13-b8bb-97f39a0dd1d1#fact-drill-facts-47) Christina · antimony #### 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 factor: 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 Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true ### SDDRE016 [Link to this fact](https://atlas-staging.minestarters.com/news/sx2-sx2-fy27-first-quarter-financials-and-management-analysis--7eaf46fc-01e1-4f13-b8bb-97f39a0dd1d1#fact-drill-facts-48) Redcastle · gold #### 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 factor: High gold grade \(26.2 g/t Au\) for an orogenic deposit. - Positive factor: Confirms Costerfield-style gold-antimony mineralization, indicating potential for similar high-grade veins. - Negative factor: 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 Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true ### SDDRE016 [Link to this fact](https://atlas-staging.minestarters.com/news/sx2-sx2-fy27-first-quarter-financials-and-management-analysis--7eaf46fc-01e1-4f13-b8bb-97f39a0dd1d1#fact-drill-facts-49) Redcastle · gold #### 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 factor: High gold grade \(15.4 g/t Au\) for an orogenic deposit. - Positive factor: Confirms Costerfield-style gold-antimony mineralization over more than 250 m of vertical extent. - Negative factor: 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 Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true ## 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.