# Gravity Survey Underway at High-Grade Manganese Prospects to Delineate Priority Drill Targets Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/gravity-survey-underway-at-high-grade-manganese-prospects-to-delineate-priority--2bab4d32-afc2-4af4-a8a2-70096373b5cd Original source: https://money.tmx.com/en/quote/AEF/news/4832331602235438/gravity-survey-underway-at-high-grade-manganese-prospects-to-delineate-priority- Publisher: tmx Original announcement: 2026-05-20T12:30:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: AE Fuels Corporation - Ticker: AEF - Exchange: TSX - Region: Western Australia - Primary commodity: Manganese - Secondary commodities: None reported - Document categories: Drill results, Resource update, Other - Extracted: 2026-09-19 07:18:23 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary AE Fuels Corporation has commenced a high-resolution gravity survey at the Pearana and Pothole-Sharks Fin prospects within its South Woodie Woodie Manganese Project in Western Australia. The geophysical work aims to delineate subsurface manganese accumulations to refine targets for upcoming drilling, following standout surface manganese assays of up to 57% Mn. Reasoning: The announcement details an ongoing gravity survey intended to delineate drill targets, supported by high-grade surface manganese assays and an existing inferred resource. While the survey results are preliminary, they validate the company's exploration model. - Positive factor: Gravity survey validating exploration model - Positive factor: High-grade surface manganese assays - Positive factor: Existing mineral resource base - Negative factor: Geophysical data is preliminary/raw Facts used in scoring: 5 ## Classification and evidence **Nearology Play** Polarity: neutral Story-specific tag Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: The survey is targeting areas adjacent to known high-grade manganese occurrences and existing resources. Evidence · text > The coincidence of gravity-high anomalies with our highest-grade surface samples is precisely what we were targeting **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: The company mentions an existing Inferred Mineral Resource at Contact and Contact North. Evidence · text > supplementing the Company's existing Inferred Mineral Resource at Contact and Contact North ## Extracted facts Stored fact records: 5. Some facts used in scoring do not have a stored record. ## Drill Results (4) ### Fact 1 [Link to this fact](https://atlas-extractions.minestarters.com/news/gravity-survey-underway-at-high-grade-manganese-prospects-to-delineate-priority--2bab4d32-afc2-4af4-a8a2-70096373b5cd#fact-drill-facts-1) South Woodie Woodie · manganese #### Identity - Project: South Woodie Woodie - Commodity: manganese - Region: australia\_wa - Reported Region: australia\_wa - Ticker: AEF #### Geometry - Grade: 57 - Grade Unit: % #### Classification - Sample Type: surface #### QA/QC - QA/QC Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-20T00:00:00.000Z Reasoning: High-grade surface rock chip assay. - Positive factor: Very high grade manganese Evidence · text > peak assays of 57.0% Mn #### Tags used in scoring **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 2 [Link to this fact](https://atlas-extractions.minestarters.com/news/gravity-survey-underway-at-high-grade-manganese-prospects-to-delineate-priority--2bab4d32-afc2-4af4-a8a2-70096373b5cd#fact-drill-facts-2) South Woodie Woodie · manganese #### Identity - Project: South Woodie Woodie - Commodity: manganese - Region: australia\_wa - Reported Region: australia\_wa - Ticker: AEF #### Geometry - Grade: 51.8 - Grade Unit: % #### Classification - Sample Type: surface #### QA/QC - QA/QC Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-20T00:00:00.000Z Reasoning: High-grade surface rock chip assay at Pearana. - Positive factor: Very high grade manganese Evidence · text > including a peak assay of 51.8% Mn #### Tags used in scoring **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 3 [Link to this fact](https://atlas-extractions.minestarters.com/news/gravity-survey-underway-at-high-grade-manganese-prospects-to-delineate-priority--2bab4d32-afc2-4af4-a8a2-70096373b5cd#fact-drill-facts-3) South Woodie Woodie · manganese #### Identity - Project: South Woodie Woodie - Commodity: manganese - Region: australia\_wa - Reported Region: australia\_wa - Ticker: AEF #### Geometry - Grade: 43 - Grade Unit: % #### Classification - Sample Type: surface #### QA/QC - QA/QC Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-20T00:00:00.000Z Reasoning: High-grade surface rock chip assay. - Positive factor: High grade manganese Evidence · text > rock chips up to 43% Mn #### Tags used in scoring **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 4 [Link to this fact](https://atlas-extractions.minestarters.com/news/gravity-survey-underway-at-high-grade-manganese-prospects-to-delineate-priority--2bab4d32-afc2-4af4-a8a2-70096373b5cd#fact-drill-facts-4) South Woodie Woodie · manganese #### Identity - Project: South Woodie Woodie - Commodity: manganese - Region: australia\_wa - Reported Region: australia\_wa - Ticker: AEF #### Geometry - Grade: 32.6 - Grade Unit: % #### Classification - Sample Type: surface #### QA/QC - QA/QC Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-20T00:00:00.000Z Reasoning: High-grade surface rock chip assay at Sharks Fin. - Positive factor: High grade manganese Evidence · text > peak assays of 57.0% Mn and 32.6% Mn respectively #### Tags used in scoring **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ## Resource Estimates (1) ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/gravity-survey-underway-at-high-grade-manganese-prospects-to-delineate-priority--2bab4d32-afc2-4af4-a8a2-70096373b5cd#fact-resource-facts-0) South Woodie Woodie Manganese Project · manganese Historical result Needs review: historical\_restatement #### Identity - Project: South Woodie Woodie Manganese Project - Commodity: manganese - Region: australia\_wa - Reported Region: Western Australia - Ticker: AEF #### Resource scope - Estimate type: resource - Resource group id: resource:0654fb1c36d166c7437b #### Resource Data - Category: inferred - Tonnes: 11300000 - Grade: 15 - Grade Unit: % Mn - Cutoff Grade: 10.1 - Cutoff Unit: % Mn #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2025-12-12T00:00:00.000Z #### Dates - Event date: 2026-05-20T00:00:00.000Z Reasoning: This is a restatement of a previously disclosed resource for context. Evidence · text > existing Inferred Mineral Resource at Contact and Contact North of 11.3 Mt at 15.0% Mn using a 10.1% Mn cut-off #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ## 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.