Canegrass Drilling Update at its Ni-Cu-Co-PGE Project in Western Australia

Original announcement by tmx on

Company
Huntsman Exploration Inc.
Ticker
LXM
Exchange
TSX
Region
Western Australia
Primary commodity
Nickel
Secondary commodities
Copper, Cobalt, Platinum, Palladium
Document categories
Drill results
Extracted
2026-09-14 11:28:05 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Huntsman Exploration Inc. has completed its 5,000m drill program at the Canegrass Nickel Project in Western Australia, with visually encouraging results from the 2022 drilling. All assays are currently pending with a 9-12 week turnaround time. The company highlighted several historical intercepts from 2018 and 2021, which show significant nickel, copper, cobalt, and PGE grades, supporting the project's exploration potential. The 2022 program focused on aggressive step-outs to expand existing mineralized zones.

Reasoning: The announcement provides an update on a completed drill program with visually encouraging results, but all assays are pending, limiting the immediate impact. Historical results are re-presented, showing good grades for Ni-Cu-Co-PGE mineralization, which supports the exploration potential. The program is focused on step-out drilling to expand known zones.

Positive factors

  • Drill program completed as planned with no delays
  • Visually encouraging results from 2022 drilling
  • Historical intercepts show good grades for nickel, copper, cobalt, and PGEs
  • Step-out drilling designed to expand known mineralization
  • QP sign-off for technical content

Negative factors

  • All 2022 drill assays are pending, so no new quantitative results are available
  • Long assay turnaround times (9-12 weeks) delay new results
  • True width not disclosed for historical intercepts
  • No specific QA/QC methods or lab certification mentioned beyond QP sign-off

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

Facts used in scoring: 43

Classification and evidence

QA/QC Disclosedpositive

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

Why it applies: The technical content of the news release has been reviewed and approved by a Qualified Person pursuant to NI 43-101.

Evidence · text

“The technical content of this news release with respect to Canegrass has been reviewed and approved by Nathan Tribble, P.Geo., a director of the Company and a Qualified Person pursuant to National Instrument 43-101.”

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: All reported drill intercepts are given as downhole lengths without true width or drill orientation information.

Evidence · text

“4.9 m @ 1.33% Ni, 1.26% Cu and 0.10 % Co.”

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: The document highlights 'Notable 2018 Drill Intercepts' and 'Notable 2021 Drill Intercepts' without presenting new assay results for these intervals.

Evidence · text

“Previous Drill Program Highlights: Notable 2018 Drill Intercepts (Figures 1 & 2): (Tulloch BBDD002) 4.9 m @ 1.33% Ni, 1.26% Cu and 0.10 % Co.”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The 2022 exploration program is explicitly designed to take aggressive step-outs on existing mineralized zones.

Evidence · text

“The current 2022 exploration program is designed to take aggressive step outs on it already existing mineralized zones delineated by the 2018 and 2021 drill programs.”

Extracted facts

Stored fact records: 43. Some facts used in scoring do not have a stored record.

Drill Results (43)

BBDD002Canegrass · nickelGrade: 1.33Grade Unit: %Intercept: 4.9 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BBDD002
Project
Canegrass
Commodity
nickel
Region
australia_wa
Reported Region
australia_wa
Ticker
LXM

Geometry

Grade
1.33
Grade Unit
%
Intercept
4.9 m

Classification

Program
exploration
Sample Type
drill

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2018-01-01T00:00:00.000Z

Dates

Event date
2022-05-26T00:00:00.000Z

Reasoning: This historical intercept shows a good nickel grade, indicating the presence of significant mineralization, but its novelty is low as it's a re-release of old data without new context.

Positive factors

  • Good nickel grade for a magmatic sulphide deposit
  • Part of a polymetallic intercept

Negative factors

  • Result is historical (2018)
  • True width not disclosed
  • No from/to depth provided

Evidence · text

“4.9 m @ 1.33% Ni”

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Canegrass project has over 7 km of strike along a proven mineralized zone with 5 high priority targets contributing "

BBDD002Canegrass · copperGrade: 1.26Grade Unit: %Intercept: 4.9 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BBDD002
Project
Canegrass
Commodity
copper
Region
australia_wa
Reported Region
australia_wa
Ticker
LXM

Geometry

Grade
1.26
Grade Unit
%
Intercept
4.9 m

Classification

Program
exploration
Sample Type
drill

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2018-01-01T00:00:00.000Z

Dates

Event date
2022-05-26T00:00:00.000Z

Reasoning: This historical intercept shows a good copper grade, indicating the presence of significant mineralization, but its novelty is low as it's a re-release of old data without new context.

Positive factors

  • Good copper grade for a magmatic sulphide deposit
  • Part of a polymetallic intercept

Negative factors

  • Result is historical (2018)
  • True width not disclosed
  • No from/to depth provided

Evidence · text

“1.26% Cu”

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Canegrass project has over 7 km of strike along a proven mineralized zone with 5 high priority targets contributing "

BBDD002Canegrass · cobaltGrade: 0.1Grade Unit: %Intercept: 4.9 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BBDD002
Project
Canegrass
Commodity
cobalt
Region
australia_wa
Reported Region
australia_wa
Ticker
LXM

Geometry

Grade
0.1
Grade Unit
%
Intercept
4.9 m

Classification

Program
exploration
Sample Type
drill

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2018-01-01T00:00:00.000Z

Dates

Event date
2022-05-26T00:00:00.000Z

Reasoning: This historical intercept shows a good cobalt grade, adding value as a byproduct, but its novelty is low as it's a re-release of old data without new context.

Positive factors

  • Good cobalt grade as a byproduct
  • Part of a polymetallic intercept

Negative factors

  • Result is historical (2018)
  • True width not disclosed
  • No from/to depth provided

Evidence · text

“0.10 % Co”

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Canegrass project has over 7 km of strike along a proven mineralized zone with 5 high priority targets contributing "

BBRC001Canegrass · nickelGrade: 1.17Grade Unit: %Intercept: 14 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BBRC001
Project
Canegrass
Commodity
nickel
Region
australia_wa
Reported Region
australia_wa
Ticker
LXM

Geometry

Grade
1.17
Grade Unit
%
Intercept
14 m
From
65 m
To
79 m
Intercept Depth
65 m

Classification

Program
exploration
Sample Type
drill
Group ID
BBRC001:65-79

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2018-01-01T00:00:00.000Z

Dates

Event date
2022-05-26T00:00:00.000Z

Reasoning: This historical intercept shows a good nickel grade over a substantial width, indicating significant mineralization, but its novelty is low as it's a re-release of old data.

Positive factors

  • Good nickel grade over a significant width
  • Part of a polymetallic intercept

Negative factors

  • Result is historical (2018)
  • True width not disclosed

Evidence · text

“14.0 m @ 1.17% Ni”

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Canegrass project has over 7 km of strike along a proven mineralized zone with 5 high priority targets contributing "

BBRC001Canegrass · copperGrade: 0.88Grade Unit: %Intercept: 14 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BBRC001
Project
Canegrass
Commodity
copper
Region
australia_wa
Reported Region
australia_wa
Ticker
LXM

Geometry

Grade
0.88
Grade Unit
%
Intercept
14 m
From
65 m
To
79 m
Intercept Depth
65 m

Classification

Program
exploration
Sample Type
drill
Group ID
BBRC001:65-79

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2018-01-01T00:00:00.000Z

Dates

Event date
2022-05-26T00:00:00.000Z

Reasoning: This historical intercept shows a good copper grade over a substantial width, indicating significant mineralization, but its novelty is low as it's a re-release of old data.

Positive factors

  • Good copper grade over a significant width
  • Part of a polymetallic intercept

Negative factors

  • Result is historical (2018)
  • True width not disclosed

Evidence · text

“0.88% Cu”

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Canegrass project has over 7 km of strike along a proven mineralized zone with 5 high priority targets contributing "

BBRC001Canegrass · cobaltGrade: 0.05Grade Unit: %Intercept: 14 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BBRC001
Project
Canegrass
Commodity
cobalt
Region
australia_wa
Reported Region
australia_wa
Ticker
LXM

Geometry

Grade
0.05
Grade Unit
%
Intercept
14 m
From
65 m
To
79 m
Intercept Depth
65 m

Classification

Program
exploration
Sample Type
drill
Group ID
BBRC001:65-79

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2018-01-01T00:00:00.000Z

Dates

Event date
2022-05-26T00:00:00.000Z

Reasoning: This historical intercept shows a good cobalt grade, adding value as a byproduct, but its novelty is low as it's a re-release of old data.

Positive factors

  • Good cobalt grade as a byproduct
  • Part of a polymetallic intercept

Negative factors

  • Result is historical (2018)
  • True width not disclosed

Evidence · text

“0.05 Co from 65.0 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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Canegrass project has over 7 km of strike along a proven mineralized zone with 5 high priority targets contributing "

BBRC001Canegrass · nickelGrade: 2.7Grade Unit: %Intercept: 1 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BBRC001
Project
Canegrass
Commodity
nickel
Region
australia_wa
Reported Region
australia_wa
Ticker
LXM

Geometry

Grade
2.7
Grade Unit
%
Intercept
1 m

Classification

Program
exploration
Sample Type
drill

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2018-01-01T00:00:00.000Z

Dates

Event date
2022-05-26T00:00:00.000Z

Reasoning: This historical sub-interval shows a high nickel grade, indicating a high-grade core within the broader mineralization, but its novelty is low and exact location within the parent interval is not specified.

Positive factors

  • High nickel grade within a broader zone
  • Part of a polymetallic intercept

Negative factors

  • Result is historical (2018)
  • Narrow intercept length
  • True width not disclosed
  • No from/to depth provided for sub-interval

Evidence · text

“1.0 m of 2.70% Ni”

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Canegrass project has over 7 km of strike along a proven mineralized zone with 5 high priority targets contributing "

BBRC001Canegrass · copperGrade: 0.23Grade Unit: %Intercept: 1 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BBRC001
Project
Canegrass
Commodity
copper
Region
australia_wa
Reported Region
australia_wa
Ticker
LXM

Geometry

Grade
0.23
Grade Unit
%
Intercept
1 m

Classification

Program
exploration
Sample Type
drill

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2018-01-01T00:00:00.000Z

Dates

Event date
2022-05-26T00:00:00.000Z

Reasoning: This historical sub-interval shows a moderate copper grade, contributing to the polymetallic nature, but its novelty is low and exact location within the parent interval is not specified.

Positive factors

  • Part of a polymetallic intercept

Negative factors

  • Result is historical (2018)
  • Lower copper grade compared to nickel
  • Narrow intercept length
  • True width not disclosed
  • No from/to depth provided for sub-interval

Evidence · text

“0.23% Cu”

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Canegrass project has over 7 km of strike along a proven mineralized zone with 5 high priority targets contributing "

BBRC001Canegrass · cobaltGrade: 0.12Grade Unit: %Intercept: 1 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BBRC001
Project
Canegrass
Commodity
cobalt
Region
australia_wa
Reported Region
australia_wa
Ticker
LXM

Geometry

Grade
0.12
Grade Unit
%
Intercept
1 m

Classification

Program
exploration
Sample Type
drill

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2018-01-01T00:00:00.000Z

Dates

Event date
2022-05-26T00:00:00.000Z

Reasoning: This historical sub-interval shows a good cobalt grade, adding value as a byproduct, but its novelty is low and exact location within the parent interval is not specified.

Positive factors

  • Good cobalt grade as a byproduct
  • Part of a polymetallic intercept

Negative factors

  • Result is historical (2018)
  • Narrow intercept length
  • True width not disclosed
  • No from/to depth provided for sub-interval

Evidence · text

“0.12% Co”

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Canegrass project has over 7 km of strike along a proven mineralized zone with 5 high priority targets contributing "

BBDD001Canegrass · nickelGrade: 3.07Grade Unit: %Intercept: 0.57 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BBDD001
Project
Canegrass
Commodity
nickel
Region
australia_wa
Reported Region
australia_wa
Ticker
LXM

Geometry

Grade
3.07
Grade Unit
%
Intercept
0.57 m
From
144.1 m
To
144.67 m
Intercept Depth
144.1 m

Classification

Program
exploration
Sample Type
drill
Group ID
BBDD001:144.1-144.67

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2018-01-01T00:00:00.000Z

Dates

Event date
2022-05-26T00:00:00.000Z

Reasoning: This historical intercept shows a very high nickel grade, but over a very narrow width, limiting its overall materiality. Its novelty is low as it's a re-release of old data.

Positive factors

  • High nickel grade
  • Part of a polymetallic intercept

Negative factors

  • Result is historical (2018)
  • Very narrow intercept length
  • True width not disclosed

Evidence · text

“0.57 m @ 3.07% Ni”

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Canegrass project has over 7 km of strike along a proven mineralized zone with 5 high priority targets contributing "

BBDD001Canegrass · copperGrade: 0.62Grade Unit: %Intercept: 0.57 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BBDD001
Project
Canegrass
Commodity
copper
Region
australia_wa
Reported Region
australia_wa
Ticker
LXM

Geometry

Grade
0.62
Grade Unit
%
Intercept
0.57 m
From
144.1 m
To
144.67 m
Intercept Depth
144.1 m

Classification

Program
exploration
Sample Type
drill
Group ID
BBDD001:144.1-144.67

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2018-01-01T00:00:00.000Z

Dates

Event date
2022-05-26T00:00:00.000Z

Reasoning: This historical intercept shows a good copper grade, but over a very narrow width, limiting its overall materiality. Its novelty is low as it's a re-release of old data.

Positive factors

  • Good copper grade
  • Part of a polymetallic intercept

Negative factors

  • Result is historical (2018)
  • Very narrow intercept length
  • True width not disclosed

Evidence · text

“0.62% Cu”

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Canegrass project has over 7 km of strike along a proven mineralized zone with 5 high priority targets contributing "

BBDD001Canegrass · cobaltGrade: 0.24Grade Unit: %Intercept: 0.57 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BBDD001
Project
Canegrass
Commodity
cobalt
Region
australia_wa
Reported Region
australia_wa
Ticker
LXM

Geometry

Grade
0.24
Grade Unit
%
Intercept
0.57 m
From
144.1 m
To
144.67 m
Intercept Depth
144.1 m

Classification

Program
exploration
Sample Type
drill
Group ID
BBDD001:144.1-144.67

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2018-01-01T00:00:00.000Z

Dates

Event date
2022-05-26T00:00:00.000Z

Reasoning: This historical intercept shows a high cobalt grade, adding value as a byproduct, but over a very narrow width. Its novelty is low as it's a re-release of old data.

Positive factors

  • High cobalt grade as a byproduct
  • Part of a polymetallic intercept

Negative factors

  • Result is historical (2018)
  • Very narrow intercept length
  • True width not disclosed

Evidence · text

“0.24% Co from 144.1 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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Canegrass project has over 7 km of strike along a proven mineralized zone with 5 high priority targets contributing "

BBDD009Canegrass · nickelGrade: 2.8Grade Unit: %Intercept: 1 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BBDD009
Project
Canegrass
Commodity
nickel
Region
australia_wa
Reported Region
australia_wa
Ticker
LXM

Geometry

Grade
2.8
Grade Unit
%
Intercept
1 m
From
278.9 m
To
279.9 m
Intercept Depth
278.9 m

Classification

Program
exploration
Sample Type
drill
Group ID
BBDD009:278.9-279.9

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2022-05-26T00:00:00.000Z

Reasoning: This historical intercept shows a high nickel grade, contributing to the polymetallic potential, but its novelty is low and width is narrow.

Positive factors

  • High nickel grade
  • Part of a polymetallic intercept including PGEs

Negative factors

  • Result is historical (2021)
  • Narrow intercept length
  • True width not disclosed

Evidence · text

“1.0 m @ 2.8% Ni”

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Canegrass project has over 7 km of strike along a proven mineralized zone with 5 high priority targets contributing "

BBDD009Canegrass · copperGrade: 0.1Grade Unit: %Intercept: 1 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BBDD009
Project
Canegrass
Commodity
copper
Region
australia_wa
Reported Region
australia_wa
Ticker
LXM

Geometry

Grade
0.1
Grade Unit
%
Intercept
1 m
From
278.9 m
To
279.9 m
Intercept Depth
278.9 m

Classification

Program
exploration
Sample Type
drill
Group ID
BBDD009:278.9-279.9

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2022-05-26T00:00:00.000Z

Reasoning: This historical intercept shows a low copper grade, contributing minimally to the overall value, and its novelty is low.

Positive factors

  • Part of a polymetallic intercept

Negative factors

  • Result is historical (2021)
  • Low copper grade
  • Narrow intercept length
  • True width not disclosed

Evidence · text

“0.1% Cu”

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Canegrass project has over 7 km of strike along a proven mineralized zone with 5 high priority targets contributing "

BBDD009Canegrass · cobaltGrade: 0.15Grade Unit: %Intercept: 1 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BBDD009
Project
Canegrass
Commodity
cobalt
Region
australia_wa
Reported Region
australia_wa
Ticker
LXM

Geometry

Grade
0.15
Grade Unit
%
Intercept
1 m
From
278.9 m
To
279.9 m
Intercept Depth
278.9 m

Classification

Program
exploration
Sample Type
drill
Group ID
BBDD009:278.9-279.9

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2022-05-26T00:00:00.000Z

Reasoning: This historical intercept shows a good cobalt grade, adding value as a byproduct, but its novelty is low and width is narrow.

Positive factors

  • Good cobalt grade as a byproduct
  • Part of a polymetallic intercept

Negative factors

  • Result is historical (2021)
  • Narrow intercept length
  • True width not disclosed

Evidence · text

“0.15% Co”

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Canegrass project has over 7 km of strike along a proven mineralized zone with 5 high priority targets contributing "

BBDD009Canegrass · platinumGrade: 0.11Grade Unit: g/tIntercept: 1 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BBDD009
Project
Canegrass
Commodity
platinum
Region
australia_wa
Reported Region
australia_wa
Ticker
LXM

Geometry

Grade
0.11
Grade Unit
g/t
Intercept
1 m
From
278.9 m
To
279.9 m
Intercept Depth
278.9 m

Classification

Program
exploration
Sample Type
drill
Group ID
BBDD009:278.9-279.9

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2022-05-26T00:00:00.000Z

Reasoning: This historical intercept shows a low platinum grade, but its presence adds to the polymetallic nature of the mineralization. Novelty is low.

Positive factors

  • Presence of PGEs adds to polymetallic potential

Negative factors

  • Result is historical (2021)
  • Low platinum grade
  • Narrow intercept length
  • True width not disclosed

Evidence · text

“0.11 g/t Pt”

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Canegrass project has over 7 km of strike along a proven mineralized zone with 5 high priority targets contributing "

BBDD009Canegrass · palladiumGrade: 0.21Grade Unit: g/tIntercept: 1 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BBDD009
Project
Canegrass
Commodity
palladium
Region
australia_wa
Reported Region
australia_wa
Ticker
LXM

Geometry

Grade
0.21
Grade Unit
g/t
Intercept
1 m
From
278.9 m
To
279.9 m
Intercept Depth
278.9 m

Classification

Program
exploration
Sample Type
drill
Group ID
BBDD009:278.9-279.9

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2022-05-26T00:00:00.000Z

Reasoning: This historical intercept shows a low palladium grade, but its presence adds to the polymetallic nature of the mineralization. Novelty is low.

Positive factors

  • Presence of PGEs adds to polymetallic potential

Negative factors

  • Result is historical (2021)
  • Low palladium grade
  • Narrow intercept length
  • True width not disclosed

Evidence · text

“0.21 g/t Pd”

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Canegrass project has over 7 km of strike along a proven mineralized zone with 5 high priority targets contributing "

BBDD009Canegrass · copperGrade: 2.3Grade Unit: %Intercept: 0.7 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BBDD009
Project
Canegrass
Commodity
copper
Region
australia_wa
Reported Region
australia_wa
Ticker
LXM

Geometry

Grade
2.3
Grade Unit
%
Intercept
0.7 m

Classification

Program
exploration
Sample Type
drill

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2022-05-26T00:00:00.000Z

Reasoning: This historical intercept shows a high copper grade over a very narrow width, contributing to the polymetallic potential. Novelty is low.

Positive factors

  • High copper grade
  • Part of a polymetallic intercept including PGEs

Negative factors

  • Result is historical (2021)
  • Very narrow intercept length
  • True width not disclosed
  • No from/to depth provided for sub-interval

Evidence · text

“0.7 m @ 2.3 % Cu”

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Canegrass project has over 7 km of strike along a proven mineralized zone with 5 high priority targets contributing "

BBDD009Canegrass · nickelGrade: 0.5Grade Unit: %Intercept: 0.7 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BBDD009
Project
Canegrass
Commodity
nickel
Region
australia_wa
Reported Region
australia_wa
Ticker
LXM

Geometry

Grade
0.5
Grade Unit
%
Intercept
0.7 m

Classification

Program
exploration
Sample Type
drill

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2022-05-26T00:00:00.000Z

Reasoning: This historical intercept shows a low nickel grade over a very narrow width, contributing minimally to the overall value. Novelty is low.

Positive factors

  • Part of a polymetallic intercept

Negative factors

  • Result is historical (2021)
  • Low nickel grade
  • Very narrow intercept length
  • True width not disclosed
  • No from/to depth provided for sub-interval

Evidence · text

“0.5% Ni”

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Canegrass project has over 7 km of strike along a proven mineralized zone with 5 high priority targets contributing "

BBDD009Canegrass · cobaltGrade: 0.04Grade Unit: %Intercept: 0.7 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BBDD009
Project
Canegrass
Commodity
cobalt
Region
australia_wa
Reported Region
australia_wa
Ticker
LXM

Geometry

Grade
0.04
Grade Unit
%
Intercept
0.7 m

Classification

Program
exploration
Sample Type
drill

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2022-05-26T00:00:00.000Z

Reasoning: This historical intercept shows a low cobalt grade over a very narrow width, contributing minimally to the overall value. Novelty is low.

Positive factors

  • Part of a polymetallic intercept

Negative factors

  • Result is historical (2021)
  • Low cobalt grade
  • Very narrow intercept length
  • True width not disclosed
  • No from/to depth provided for sub-interval

Evidence · text

“0.04% Co”

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Canegrass project has over 7 km of strike along a proven mineralized zone with 5 high priority targets contributing "

BBDD009Canegrass · platinumGrade: 0.33Grade Unit: g/tIntercept: 0.7 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BBDD009
Project
Canegrass
Commodity
platinum
Region
australia_wa
Reported Region
australia_wa
Ticker
LXM

Geometry

Grade
0.33
Grade Unit
g/t
Intercept
0.7 m

Classification

Program
exploration
Sample Type
drill

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2022-05-26T00:00:00.000Z

Reasoning: This historical intercept shows a good platinum grade over a very narrow width, adding to the polymetallic potential. Novelty is low.

Positive factors

  • Good platinum grade for a PGE byproduct
  • Presence of PGEs adds to polymetallic potential

Negative factors

  • Result is historical (2021)
  • Very narrow intercept length
  • True width not disclosed
  • No from/to depth provided for sub-interval

Evidence · text

“0.33 g/t Pt”

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Canegrass project has over 7 km of strike along a proven mineralized zone with 5 high priority targets contributing "

BBDD009Canegrass · palladiumGrade: 0.04Grade Unit: g/tIntercept: 0.7 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BBDD009
Project
Canegrass
Commodity
palladium
Region
australia_wa
Reported Region
australia_wa
Ticker
LXM

Geometry

Grade
0.04
Grade Unit
g/t
Intercept
0.7 m

Classification

Program
exploration
Sample Type
drill

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2022-05-26T00:00:00.000Z

Reasoning: This historical intercept shows a low palladium grade over a very narrow width, contributing minimally to the overall value. Novelty is low.

Positive factors

  • Presence of PGEs adds to polymetallic potential

Negative factors

  • Result is historical (2021)
  • Low palladium grade
  • Very narrow intercept length
  • True width not disclosed
  • No from/to depth provided for sub-interval

Evidence · text

“0.04 g/t Pd”

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Canegrass project has over 7 km of strike along a proven mineralized zone with 5 high priority targets contributing "

BBDD009Canegrass · nickelGrade: 1.8Grade Unit: %Intercept: 2 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BBDD009
Project
Canegrass
Commodity
nickel
Region
australia_wa
Reported Region
australia_wa
Ticker
LXM

Geometry

Grade
1.8
Grade Unit
%
Intercept
2 m

Classification

Program
exploration
Sample Type
drill

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2022-05-26T00:00:00.000Z

Reasoning: This historical intercept shows a good nickel grade over a narrow width, contributing to the polymetallic potential. Novelty is low.

Positive factors

  • Good nickel grade
  • Part of a polymetallic intercept including PGEs

Negative factors

  • Result is historical (2021)
  • Narrow intercept length
  • True width not disclosed
  • No from/to depth provided for sub-interval

Evidence · text

“2.0 m @ 1.8% Ni”

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Canegrass project has over 7 km of strike along a proven mineralized zone with 5 high priority targets contributing "

BBDD009Canegrass · copperGrade: 0.5Grade Unit: %Intercept: 2 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BBDD009
Project
Canegrass
Commodity
copper
Region
australia_wa
Reported Region
australia_wa
Ticker
LXM

Geometry

Grade
0.5
Grade Unit
%
Intercept
2 m

Classification

Program
exploration
Sample Type
drill

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2022-05-26T00:00:00.000Z

Reasoning: This historical intercept shows a good copper grade over a narrow width, contributing to the polymetallic potential. Novelty is low.

Positive factors

  • Good copper grade
  • Part of a polymetallic intercept

Negative factors

  • Result is historical (2021)
  • Narrow intercept length
  • True width not disclosed
  • No from/to depth provided for sub-interval

Evidence · text

“0.5% Cu”

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Canegrass project has over 7 km of strike along a proven mineralized zone with 5 high priority targets contributing "

BBDD009Canegrass · cobaltGrade: 0.11Grade Unit: %Intercept: 2 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BBDD009
Project
Canegrass
Commodity
cobalt
Region
australia_wa
Reported Region
australia_wa
Ticker
LXM

Geometry

Grade
0.11
Grade Unit
%
Intercept
2 m

Classification

Program
exploration
Sample Type
drill

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2022-05-26T00:00:00.000Z

Reasoning: This historical intercept shows a good cobalt grade over a narrow width, contributing to the polymetallic potential. Novelty is low.

Positive factors

  • Good cobalt grade as a byproduct
  • Part of a polymetallic intercept

Negative factors

  • Result is historical (2021)
  • Narrow intercept length
  • True width not disclosed
  • No from/to depth provided for sub-interval

Evidence · text

“0.11% Co”

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Canegrass project has over 7 km of strike along a proven mineralized zone with 5 high priority targets contributing "

BBDD009Canegrass · platinumGrade: 0.22Grade Unit: g/tIntercept: 2 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BBDD009
Project
Canegrass
Commodity
platinum
Region
australia_wa
Reported Region
australia_wa
Ticker
LXM

Geometry

Grade
0.22
Grade Unit
g/t
Intercept
2 m

Classification

Program
exploration
Sample Type
drill

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2022-05-26T00:00:00.000Z

Reasoning: This historical intercept shows a low platinum grade over a narrow width, adding to the polymetallic potential. Novelty is low.

Positive factors

  • Presence of PGEs adds to polymetallic potential

Negative factors

  • Result is historical (2021)
  • Low platinum grade
  • Narrow intercept length
  • True width not disclosed
  • No from/to depth provided for sub-interval

Evidence · text

“0.22 g/t Pt”

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Canegrass project has over 7 km of strike along a proven mineralized zone with 5 high priority targets contributing "

BBDD009Canegrass · palladiumGrade: 0.17Grade Unit: g/tIntercept: 2 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BBDD009
Project
Canegrass
Commodity
palladium
Region
australia_wa
Reported Region
australia_wa
Ticker
LXM

Geometry

Grade
0.17
Grade Unit
g/t
Intercept
2 m

Classification

Program
exploration
Sample Type
drill

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2022-05-26T00:00:00.000Z

Reasoning: This historical intercept shows a low palladium grade over a narrow width, adding to the polymetallic potential. Novelty is low.

Positive factors

  • Presence of PGEs adds to polymetallic potential

Negative factors

  • Result is historical (2021)
  • Low palladium grade
  • Narrow intercept length
  • True width not disclosed
  • No from/to depth provided for sub-interval

Evidence · text

“0.17 g/t Pd.”

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Canegrass project has over 7 km of strike along a proven mineralized zone with 5 high priority targets contributing "

BBDD009Canegrass · nickelGrade: 2.2Grade Unit: %Intercept: 3.1 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BBDD009
Project
Canegrass
Commodity
nickel
Region
australia_wa
Reported Region
australia_wa
Ticker
LXM

Geometry

Grade
2.2
Grade Unit
%
Intercept
3.1 m
From
307.5 m
To
310.6 m
Intercept Depth
307.5 m

Classification

Program
exploration
Sample Type
drill
Group ID
BBDD009:307.5-310.6

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2022-05-26T00:00:00.000Z

Reasoning: This historical intercept shows a high nickel grade over a moderate width, indicating significant mineralization at depth. Novelty is low.

Positive factors

  • High nickel grade over a moderate width
  • Part of a polymetallic intercept including PGEs

Negative factors

  • Result is historical (2021)
  • True width not disclosed

Evidence · text

“3.1 m @ 2.2% Ni”

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Canegrass project has over 7 km of strike along a proven mineralized zone with 5 high priority targets contributing "

BBDD009Canegrass · copperGrade: 0.2Grade Unit: %Intercept: 3.1 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BBDD009
Project
Canegrass
Commodity
copper
Region
australia_wa
Reported Region
australia_wa
Ticker
LXM

Geometry

Grade
0.2
Grade Unit
%
Intercept
3.1 m
From
307.5 m
To
310.6 m
Intercept Depth
307.5 m

Classification

Program
exploration
Sample Type
drill
Group ID
BBDD009:307.5-310.6

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2022-05-26T00:00:00.000Z

Reasoning: This historical intercept shows a low copper grade over a moderate width, contributing minimally to the overall value. Novelty is low.

Positive factors

  • Part of a polymetallic intercept

Negative factors

  • Result is historical (2021)
  • Low copper grade
  • True width not disclosed

Evidence · text

“0.2% Cu”

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Canegrass project has over 7 km of strike along a proven mineralized zone with 5 high priority targets contributing "

BBDD009Canegrass · cobaltGrade: 0.15Grade Unit: %Intercept: 3.1 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BBDD009
Project
Canegrass
Commodity
cobalt
Region
australia_wa
Reported Region
australia_wa
Ticker
LXM

Geometry

Grade
0.15
Grade Unit
%
Intercept
3.1 m
From
307.5 m
To
310.6 m
Intercept Depth
307.5 m

Classification

Program
exploration
Sample Type
drill
Group ID
BBDD009:307.5-310.6

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2022-05-26T00:00:00.000Z

Reasoning: This historical intercept shows a good cobalt grade over a moderate width, adding value as a byproduct. Novelty is low.

Positive factors

  • Good cobalt grade as a byproduct
  • Part of a polymetallic intercept

Negative factors

  • Result is historical (2021)
  • True width not disclosed

Evidence · text

“0.15% C”

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Canegrass project has over 7 km of strike along a proven mineralized zone with 5 high priority targets contributing "

BBDD009Canegrass · platinumGrade: 0.15Grade Unit: g/tIntercept: 3.1 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BBDD009
Project
Canegrass
Commodity
platinum
Region
australia_wa
Reported Region
australia_wa
Ticker
LXM

Geometry

Grade
0.15
Grade Unit
g/t
Intercept
3.1 m
From
307.5 m
To
310.6 m
Intercept Depth
307.5 m

Classification

Program
exploration
Sample Type
drill
Group ID
BBDD009:307.5-310.6

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2022-05-26T00:00:00.000Z

Reasoning: This historical intercept shows a low platinum grade over a moderate width, adding to the polymetallic potential. Novelty is low.

Positive factors

  • Presence of PGEs adds to polymetallic potential

Negative factors

  • Result is historical (2021)
  • Low platinum grade
  • True width not disclosed

Evidence · text

“0.15 g/t Pt”

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Canegrass project has over 7 km of strike along a proven mineralized zone with 5 high priority targets contributing "

BBDD009Canegrass · palladiumGrade: 0.21Grade Unit: g/tIntercept: 3.1 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BBDD009
Project
Canegrass
Commodity
palladium
Region
australia_wa
Reported Region
australia_wa
Ticker
LXM

Geometry

Grade
0.21
Grade Unit
g/t
Intercept
3.1 m
From
307.5 m
To
310.6 m
Intercept Depth
307.5 m

Classification

Program
exploration
Sample Type
drill
Group ID
BBDD009:307.5-310.6

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2022-05-26T00:00:00.000Z

Reasoning: This historical intercept shows a low palladium grade over a moderate width, adding to the polymetallic potential. Novelty is low.

Positive factors

  • Presence of PGEs adds to polymetallic potential

Negative factors

  • Result is historical (2021)
  • Low palladium grade
  • True width not disclosed

Evidence · text

“0.21 g/t Pd”

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Canegrass project has over 7 km of strike along a proven mineralized zone with 5 high priority targets contributing "

BBDD009Canegrass · nickelGrade: 0.9Grade Unit: %Intercept: 1.1 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BBDD009
Project
Canegrass
Commodity
nickel
Region
australia_wa
Reported Region
australia_wa
Ticker
LXM

Geometry

Grade
0.9
Grade Unit
%
Intercept
1.1 m

Classification

Program
exploration
Sample Type
drill

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2022-05-26T00:00:00.000Z

Reasoning: This historical intercept shows a moderate nickel grade over a narrow width, contributing to the polymetallic potential. Novelty is low.

Positive factors

  • Part of a polymetallic intercept including PGEs

Negative factors

  • Result is historical (2021)
  • Moderate nickel grade
  • Narrow intercept length
  • True width not disclosed
  • No from/to depth provided for sub-interval

Evidence · text

“1.1 m @ 0.9%Ni”

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Canegrass project has over 7 km of strike along a proven mineralized zone with 5 high priority targets contributing "

BBDD009Canegrass · copperGrade: 5.7Grade Unit: %Intercept: 1.1 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BBDD009
Project
Canegrass
Commodity
copper
Region
australia_wa
Reported Region
australia_wa
Ticker
LXM

Geometry

Grade
5.7
Grade Unit
%
Intercept
1.1 m

Classification

Program
exploration
Sample Type
drill

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2022-05-26T00:00:00.000Z

Reasoning: This historical intercept shows a very high copper grade over a narrow width, indicating a significant copper component within the polymetallic mineralization. Novelty is low.

Positive factors

  • Very high copper grade
  • Part of a polymetallic intercept including PGEs

Negative factors

  • Result is historical (2021)
  • Narrow intercept length
  • True width not disclosed
  • No from/to depth provided for sub-interval

Evidence · text

“5.7% Cu”

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Canegrass project has over 7 km of strike along a proven mineralized zone with 5 high priority targets contributing "

BBDD009Canegrass · cobaltGrade: 0.07Grade Unit: %Intercept: 1.1 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BBDD009
Project
Canegrass
Commodity
cobalt
Region
australia_wa
Reported Region
australia_wa
Ticker
LXM

Geometry

Grade
0.07
Grade Unit
%
Intercept
1.1 m

Classification

Program
exploration
Sample Type
drill

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2022-05-26T00:00:00.000Z

Reasoning: This historical intercept shows a low cobalt grade over a narrow width, contributing minimally to the overall value. Novelty is low.

Positive factors

  • Part of a polymetallic intercept

Negative factors

  • Result is historical (2021)
  • Low cobalt grade
  • Narrow intercept length
  • True width not disclosed
  • No from/to depth provided for sub-interval

Evidence · text

“.07% Co”

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Canegrass project has over 7 km of strike along a proven mineralized zone with 5 high priority targets contributing "

BBDD009Canegrass · platinumGrade: 0.11Grade Unit: g/tIntercept: 1.1 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BBDD009
Project
Canegrass
Commodity
platinum
Region
australia_wa
Reported Region
australia_wa
Ticker
LXM

Geometry

Grade
0.11
Grade Unit
g/t
Intercept
1.1 m

Classification

Program
exploration
Sample Type
drill

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2022-05-26T00:00:00.000Z

Reasoning: This historical intercept shows a low platinum grade over a narrow width, adding to the polymetallic potential. Novelty is low.

Positive factors

  • Presence of PGEs adds to polymetallic potential

Negative factors

  • Result is historical (2021)
  • Low platinum grade
  • Narrow intercept length
  • True width not disclosed
  • No from/to depth provided for sub-interval

Evidence · text

“0.11 g/t Pt”

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Canegrass project has over 7 km of strike along a proven mineralized zone with 5 high priority targets contributing "

BBDD009Canegrass · palladiumGrade: 0.05Grade Unit: g/tIntercept: 1.1 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BBDD009
Project
Canegrass
Commodity
palladium
Region
australia_wa
Reported Region
australia_wa
Ticker
LXM

Geometry

Grade
0.05
Grade Unit
g/t
Intercept
1.1 m

Classification

Program
exploration
Sample Type
drill

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2022-05-26T00:00:00.000Z

Reasoning: This historical intercept shows a low palladium grade over a narrow width, contributing minimally to the overall value. Novelty is low.

Positive factors

  • Presence of PGEs adds to polymetallic potential

Negative factors

  • Result is historical (2021)
  • Low palladium grade
  • Narrow intercept length
  • True width not disclosed
  • No from/to depth provided for sub-interval

Evidence · text

“0.05 g/t Pd”

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Canegrass project has over 7 km of strike along a proven mineralized zone with 5 high priority targets contributing "

BBRC0013Canegrass · nickelGrade: 0.88Grade Unit: %Intercept: 3 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BBRC0013
Project
Canegrass
Commodity
nickel
Region
australia_wa
Reported Region
australia_wa
Ticker
LXM

Geometry

Grade
0.88
Grade Unit
%
Intercept
3 m
From
91 m
To
94 m
Intercept Depth
91 m

Classification

Program
exploration
Sample Type
drill
Group ID
BBRC0013:91-94

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2022-05-26T00:00:00.000Z

Reasoning: This historical intercept shows a moderate nickel grade over a moderate width, indicating continued mineralization. Novelty is low.

Positive factors

  • Moderate nickel grade over a moderate width
  • Part of a polymetallic intercept

Negative factors

  • Result is historical (2021)
  • True width not disclosed

Evidence · text

“3.0 m @ 0.88% Ni”

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Canegrass project has over 7 km of strike along a proven mineralized zone with 5 high priority targets contributing "

BBRC0013Canegrass · copperGrade: 0.4Grade Unit: %Intercept: 3 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BBRC0013
Project
Canegrass
Commodity
copper
Region
australia_wa
Reported Region
australia_wa
Ticker
LXM

Geometry

Grade
0.4
Grade Unit
%
Intercept
3 m
From
91 m
To
94 m
Intercept Depth
91 m

Classification

Program
exploration
Sample Type
drill
Group ID
BBRC0013:91-94

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2022-05-26T00:00:00.000Z

Reasoning: This historical intercept shows a moderate copper grade over a moderate width, contributing to the polymetallic potential. Novelty is low.

Positive factors

  • Part of a polymetallic intercept

Negative factors

  • Result is historical (2021)
  • Moderate copper grade
  • True width not disclosed

Evidence · text

“0.4% Cu”

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Canegrass project has over 7 km of strike along a proven mineralized zone with 5 high priority targets contributing "

BBRC0013Canegrass · cobaltGrade: 0.07Grade Unit: %Intercept: 3 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BBRC0013
Project
Canegrass
Commodity
cobalt
Region
australia_wa
Reported Region
australia_wa
Ticker
LXM

Geometry

Grade
0.07
Grade Unit
%
Intercept
3 m
From
91 m
To
94 m
Intercept Depth
91 m

Classification

Program
exploration
Sample Type
drill
Group ID
BBRC0013:91-94

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2022-05-26T00:00:00.000Z

Reasoning: This historical intercept shows a good cobalt grade over a moderate width, adding value as a byproduct. Novelty is low.

Positive factors

  • Good cobalt grade as a byproduct
  • Part of a polymetallic intercept

Negative factors

  • Result is historical (2021)
  • True width not disclosed

Evidence · text

“0.07% Co from 91.0 m downhole”

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Canegrass project has over 7 km of strike along a proven mineralized zone with 5 high priority targets contributing "

BBRC014Canegrass · nickelGrade: 1Grade Unit: %Intercept: 3 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BBRC014
Project
Canegrass
Commodity
nickel
Region
australia_wa
Reported Region
australia_wa
Ticker
LXM

Geometry

Grade
1
Grade Unit
%
Intercept
3 m
From
139 m
To
142 m
Intercept Depth
139 m

Classification

Program
exploration
Sample Type
drill
Group ID
BBRC014:139-142

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2022-05-26T00:00:00.000Z

Reasoning: This historical intercept shows a moderate nickel grade over a moderate width, indicating continued mineralization. Novelty is low.

Positive factors

  • Moderate nickel grade over a moderate width
  • Part of a polymetallic intercept

Negative factors

  • Result is historical (2021)
  • True width not disclosed

Evidence · text

“3.0 m @ 1.0% Ni”

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Canegrass project has over 7 km of strike along a proven mineralized zone with 5 high priority targets contributing "

BBRC014Canegrass · copperGrade: 0.58Grade Unit: %Intercept: 3 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BBRC014
Project
Canegrass
Commodity
copper
Region
australia_wa
Reported Region
australia_wa
Ticker
LXM

Geometry

Grade
0.58
Grade Unit
%
Intercept
3 m
From
139 m
To
142 m
Intercept Depth
139 m

Classification

Program
exploration
Sample Type
drill
Group ID
BBRC014:139-142

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2022-05-26T00:00:00.000Z

Reasoning: This historical intercept shows a good copper grade over a moderate width, contributing to the polymetallic potential. Novelty is low.

Positive factors

  • Good copper grade
  • Part of a polymetallic intercept

Negative factors

  • Result is historical (2021)
  • True width not disclosed

Evidence · text

“0.58% Cu”

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Canegrass project has over 7 km of strike along a proven mineralized zone with 5 high priority targets contributing "

BBRC014Canegrass · cobaltGrade: 0.09Grade Unit: %Intercept: 3 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BBRC014
Project
Canegrass
Commodity
cobalt
Region
australia_wa
Reported Region
australia_wa
Ticker
LXM

Geometry

Grade
0.09
Grade Unit
%
Intercept
3 m
From
139 m
To
142 m
Intercept Depth
139 m

Classification

Program
exploration
Sample Type
drill
Group ID
BBRC014:139-142

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2022-05-26T00:00:00.000Z

Reasoning: This historical intercept shows a good cobalt grade over a moderate width, adding value as a byproduct. Novelty is low.

Positive factors

  • Good cobalt grade as a byproduct
  • Part of a polymetallic intercept

Negative factors

  • Result is historical (2021)
  • True width not disclosed

Evidence · text

“0.09% Co from 139.0 m downhole”

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

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Canegrass project has over 7 km of strike along a proven mineralized zone with 5 high priority targets contributing "

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.