A1M: Conference Presentation

Original announcement by asx on

Company
AIC Mines Limited
Ticker
A1M
Exchange
ASX
Region
Queensland
Primary commodity
Copper
Secondary commodities
Gold, Silver
Document categories
Resource update, Production, Drill results
Extracted
2026-09-22 06:12:30 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

AIC Mines Limited, an Australian copper producer, presented its operational performance and growth strategy at the ASX SMIDcaps Conference. The company reported 13,064t of copper produced in FY26, meeting its guidance for the third consecutive year. It targets a significant production increase to 25,000-27,000t by FY29, driven by the development of the Jericho mine and a two-stage expansion of the Eloise processing plant, supported by a combined Mineral Resource of 31.2Mt at 2.0% copper.

Reasoning: The presentation highlights strong operational performance with consistent achievement of production guidance, significant planned production growth driven by mine development and plant expansion, and a robust resource and reserve base in a favorable copper market. While some production targets rely on inferred resources, the overall outlook is highly positive.

Positive factors

  • Production Growth
  • Guidance Achieved
  • Resource Growth
  • Plant Expansion Progress
  • Experienced Management Team
  • Strong Copper Market Fundamentals

Negative factors

  • Reliance on Inferred Resources for Production Targets

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

Facts used in scoring: 69

Classification and evidence

Tonnage Growthpositive

Significant tonnage increase (≥15%) vs prior estimate with grade maintained or improved.

Why it applies: The company is targeting a significant increase in copper production from 13,064t in FY26 to 25,000-27,000t by FY29.

Evidence · text

“25-27,000t FY29 production target2 approximately double FY26”

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: The Mineral Resources and Ore Reserves are signed off by named Competent Persons (Paul Napier, Matthew Fallon, David Price, Craig Pocock).

Evidence · text

“The Competent Persons are Paul Napier (Eloise Mineral Resource), Matthew Fallon (Jericho Mineral Resource) and David Price (Artemis and Sandy Creek Mineral Resources).”

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: The Mineral Resources and Ore Reserves are reported under the JORC Code, as indicated by the use of 'Competent Person' and references to ASX announcements.

Evidence · text

“The Company confirms that the form and context in which the Competent Persons’ findings are presented have not been materially modified from the releases.”

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: A portion of the FY28 (4%) and FY29 (7%) production targets are composed of Inferred Mineral Resources, which have a low level of geological confidence.

Evidence · text

“The FY28 Production Target comprises 96% Probable Ore Reserves and 4% Inferred Mineral Resources; the FY29 Production Target comprises 93% Probable Ore Reserves and 7% Inferred Mineral Resources.”

True Width Disclosedpositive · Story-specific tag

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: The exploration results for Eloise South, Iris, and Brumby explicitly state 'ETW' (Estimated True Width).

Evidence · text

“Eloise South – 2.3m ETW grading 92.5g/t Au from 446.4m”

Stale Data Re-releasenegative · Story-specific tag

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

Why it applies: The exploration results presented are explicitly referenced to prior ASX announcements from August 2026, indicating they are not new information in this September 2026 presentation.

Evidence · text

“For further information see AIC Mines ASX announcement “Eloise Regional Exploration Update” dated 6 August 2026.”

Extracted facts

Stored fact records: 58. Some facts used in scoring do not have a stored record.

Drill Results (7)

ESDD007Eloise South · goldGrade: 92.5Grade Unit: g/tIntercept: 2.3 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
ESDD007
Project
Eloise South
Commodity
gold
Region
australia_qld
Reported Region
australia_qld
Ticker
A1M

Geometry

Grade
92.5
Grade Unit
g/t
Intercept
2.3 m
True Width
2.3 m
From
446.4 m
To
448.7 m
Intercept Depth
446.4 m

Classification

Program
exploration
Sample Type
drill
Group ID
ESDD007:446.4-448.7

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-08-06T00:00:00.000Z

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This historical intercept shows bonanza-grade gold over a true width, indicating high-grade potential at Eloise South, though it is not new information.

Positive factors

  • Bonanza Intercept
  • True Width Disclosed

Negative factors

  • Stale Data Re-release

Evidence · text

“Eloise South – 2.3m ETW grading 92.5g/t Au from 446.4m”

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.3

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

IRD002Iris · copperGrade: 1Grade Unit: %Intercept: 8.4 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
IRD002
Project
Iris
Commodity
copper
Region
australia_qld
Reported Region
australia_qld
Ticker
A1M

Geometry

Grade
1
Grade Unit
%
Intercept
8.4 m
True Width
8.4 m
From
227 m
To
235.4 m
Intercept Depth
227 m

Classification

Program
exploration
Sample Type
drill
Group ID
IRD002:227-235.4

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-08-06T00:00:00.000Z

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This historical intercept shows strong copper grades over a true width, indicating potential at the Iris prospect, though it is not new information.

Positive factors

  • Strong Grade
  • True Width Disclosed

Negative factors

  • Stale Data Re-release

Evidence · text

“Iris – 8.4m ETW grading 1.0% Cu and 0.3g/t Au from 227.0m”

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 8.4

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

IRD002Iris · goldGrade: 0.3Grade Unit: g/tIntercept: 8.4 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
IRD002
Project
Iris
Commodity
gold
Region
australia_qld
Reported Region
australia_qld
Ticker
A1M

Geometry

Grade
0.3
Grade Unit
g/t
Intercept
8.4 m
True Width
8.4 m
From
227 m
To
235.4 m
Intercept Depth
227 m

Classification

Program
exploration
Sample Type
drill
Group ID
IRD002:227-235.4

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-08-06T00:00:00.000Z

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This historical intercept shows byproduct gold grades over a true width, adding to the potential of the Iris prospect, though it is not new information.

Positive factors

  • Byproduct Gold
  • True Width Disclosed

Negative factors

  • Stale Data Re-release

Evidence · text

“Iris – 8.4m ETW grading 1.0% Cu and 0.3g/t Au from 227.0m”

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 8.4

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

BRDD001Brumby · copperGrade: 3.6Grade Unit: %Intercept: 41.8 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BRDD001
Project
Brumby
Commodity
copper
Region
australia_qld
Reported Region
australia_qld
Ticker
A1M

Geometry

Grade
3.6
Grade Unit
%
Intercept
41.8 m
True Width
41.8 m
From
146.5 m
To
188.3 m
Intercept Depth
146.5 m

Classification

Program
exploration
Sample Type
drill
Group ID
BRDD001:146.5-188.3

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-08-13T00:00:00.000Z

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This historical intercept at a new prospect shows exceptional copper grades over a significant true width, indicating very strong exploration potential, though it is not new information.

Positive factors

  • Exceptional Grade
  • Continuous Interval
  • True Width Disclosed
  • New Prospect

Negative factors

  • Stale Data Re-release

Evidence · text

“Brumby – 41.8m ETW grading 3.6% Cu and 1.0g/t Au from 146.5m”

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 41.8

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

BRDD001Brumby · goldGrade: 1Grade Unit: g/tIntercept: 41.8 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BRDD001
Project
Brumby
Commodity
gold
Region
australia_qld
Reported Region
australia_qld
Ticker
A1M

Geometry

Grade
1
Grade Unit
g/t
Intercept
41.8 m
True Width
41.8 m
From
146.5 m
To
188.3 m
Intercept Depth
146.5 m

Classification

Program
exploration
Sample Type
drill
Group ID
BRDD001:146.5-188.3

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-08-13T00:00:00.000Z

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This historical intercept at a new prospect shows strong gold grades over a significant true width, indicating strong exploration potential, though it is not new information.

Positive factors

  • Strong Grade
  • True Width Disclosed
  • New Prospect

Negative factors

  • Stale Data Re-release

Evidence · text

“Brumby – 41.8m ETW grading 3.6% Cu and 1.0g/t Au from 146.5m”

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 41.8

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

BRDD001Brumby · copperGrade: 14.4Grade Unit: %Intercept: 9.4 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BRDD001
Project
Brumby
Commodity
copper
Region
australia_qld
Reported Region
australia_qld
Ticker
A1M

Geometry

Grade
14.4
Grade Unit
%
Intercept
9.4 m
True Width
9.4 m
From
151.5 m
To
160.9 m
Intercept Depth
151.5 m

Classification

Program
exploration
Sample Type
drill
Group ID
BRDD001:151.5-160.9

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-08-13T00:00:00.000Z

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This historical sub-interval shows bonanza-grade copper over a significant true width, highlighting exceptional potential at the new Brumby prospect, though it is not new information.

Positive factors

  • Bonanza Intercept
  • True Width Disclosed
  • New Prospect

Negative factors

  • Stale Data Re-release

Evidence · text

“including 9.4m ETW grading 14.4% Cu and 3.8g/t Au from 151.5m”

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 9.4

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

BRDD001Brumby · goldGrade: 3.8Grade Unit: g/tIntercept: 9.4 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
BRDD001
Project
Brumby
Commodity
gold
Region
australia_qld
Reported Region
australia_qld
Ticker
A1M

Geometry

Grade
3.8
Grade Unit
g/t
Intercept
9.4 m
True Width
9.4 m
From
151.5 m
To
160.9 m
Intercept Depth
151.5 m

Classification

Program
exploration
Sample Type
drill
Group ID
BRDD001:151.5-160.9

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-08-13T00:00:00.000Z

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This historical sub-interval shows exceptional gold grades over a significant true width, highlighting strong potential at the new Brumby prospect, though it is not new information.

Positive factors

  • Exceptional Grade
  • True Width Disclosed
  • New Prospect

Negative factors

  • Stale Data Re-release

Evidence · text

“including 9.4m ETW grading 14.4% Cu and 3.8g/t Au from 151.5m”

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 9.4

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

Resource Estimates (51)

indicatedJericho Project · copperTonnes: 9283000Grade: 2Grade Unit: %Contained Metal: 186600Contained Unit: tView all details
Link to this fact

Identity

Project
Jericho Project
Commodity
copper
Ticker
A1M

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Fallon
Resource group id
resource:e33b88e9c7b1ef08410a

Resource Data

Category
indicated
Tonnes
9283000
Grade
2
Grade Unit
%
Contained Metal
186600
Contained Unit
t
Cutoff Grade
1.1
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: The Jericho Project has a substantial Indicated Resource of high-grade copper, contributing significantly to the company's overall resource base.

Positive factors

  • Indicated Resource
  • High Grade
  • Significant Contained Metal

Evidence · table

“2.0”

Context: 9,283,000

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

indicatedJericho Project · goldTonnes: 9283000Grade: 0.4Grade Unit: g/tContained Metal: 124900Contained Unit: ozView all details
Link to this fact

Identity

Project
Jericho Project
Commodity
gold
Ticker
A1M

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Fallon
Resource group id
resource:e33b88e9c7b1ef08410a

Resource Data

Category
indicated
Tonnes
9283000
Grade
0.4
Grade Unit
g/t
Contained Metal
124900
Contained Unit
oz
Cutoff Grade
1.1
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: The Indicated Resource at Jericho includes a notable byproduct gold component, adding value to the project.

Positive factors

  • Byproduct Gold

Evidence · table

“0.4”

Context: 9,283,000

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

indicatedJericho Project · silverTonnes: 9283000Grade: 2.1Grade Unit: g/tContained Metal: 621500Contained Unit: ozView all details
Link to this fact

Identity

Project
Jericho Project
Commodity
silver
Ticker
A1M

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Fallon
Resource group id
resource:e33b88e9c7b1ef08410a

Resource Data

Category
indicated
Tonnes
9283000
Grade
2.1
Grade Unit
g/t
Contained Metal
621500
Contained Unit
oz
Cutoff Grade
1.1
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: The Indicated Resource at Jericho includes a notable byproduct silver component, adding value to the project.

Positive factors

  • Byproduct Silver

Evidence · table

“2.1”

Context: 9,283,000

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

inferredJericho Project · copperTonnes: 12854000Grade: 2Grade Unit: %Contained Metal: 258300Contained Unit: tView all details
Link to this fact

Identity

Project
Jericho Project
Commodity
copper
Ticker
A1M

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Fallon
Resource group id
resource:679001f4009f037b761b

Resource Data

Category
inferred
Tonnes
12854000
Grade
2
Grade Unit
%
Contained Metal
258300
Contained Unit
t
Cutoff Grade
1.1
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: The Jericho Project has a large Inferred Resource of high-grade copper, representing significant exploration upside but with lower geological confidence.

Positive factors

  • High Grade
  • Significant Contained Metal

Negative factors

  • Inferred Resource

Evidence · table

“2.0”

Context: 12,854,000

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

inferredJericho Project · goldTonnes: 12854000Grade: 0.4Grade Unit: g/tContained Metal: 150900Contained Unit: ozView all details
Link to this fact

Identity

Project
Jericho Project
Commodity
gold
Ticker
A1M

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Fallon
Resource group id
resource:679001f4009f037b761b

Resource Data

Category
inferred
Tonnes
12854000
Grade
0.4
Grade Unit
g/t
Contained Metal
150900
Contained Unit
oz
Cutoff Grade
1.1
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: The Inferred Resource at Jericho includes a byproduct gold component, adding potential value but with lower confidence.

Positive factors

  • Byproduct Gold

Negative factors

  • Inferred Resource

Evidence · table

“0.4”

Context: 12,854,000

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

inferredJericho Project · silverTonnes: 12854000Grade: 2.5Grade Unit: g/tContained Metal: 1021500Contained Unit: ozView all details
Link to this fact

Identity

Project
Jericho Project
Commodity
silver
Ticker
A1M

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Fallon
Resource group id
resource:679001f4009f037b761b

Resource Data

Category
inferred
Tonnes
12854000
Grade
2.5
Grade Unit
g/t
Contained Metal
1021500
Contained Unit
oz
Cutoff Grade
1.1
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: The Inferred Resource at Jericho includes a byproduct silver component, adding potential value but with lower confidence.

Positive factors

  • Byproduct Silver

Negative factors

  • Inferred Resource

Evidence · table

“2.5”

Context: 12,854,000

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

measuredEloise Copper Mine · copperTonnes: 28000Grade: 1.6Grade Unit: %Contained Metal: 400Contained Unit: tView all details
Link to this fact

Identity

Project
Eloise Copper Mine
Commodity
copper
Ticker
A1M

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Paul Napier
Resource group id
resource:c5031f172da846ad2c33

Resource Data

Category
measured
Tonnes
28000
Grade
1.6
Grade Unit
%
Contained Metal
400
Contained Unit
t
Cutoff Grade
1.1
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: The Eloise Copper Mine has a small but high-confidence Measured Resource, providing a solid base for mine planning.

Positive factors

  • Measured Resource
  • High Confidence

Evidence · table

“1.6”

Context: 28,000

Tags used in scoring

Measured Resourcepositive

Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

measuredEloise Copper Mine · goldTonnes: 28000Grade: 0.6Grade Unit: g/tContained Metal: 500Contained Unit: ozView all details
Link to this fact

Identity

Project
Eloise Copper Mine
Commodity
gold
Ticker
A1M

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Paul Napier
Resource group id
resource:c5031f172da846ad2c33

Resource Data

Category
measured
Tonnes
28000
Grade
0.6
Grade Unit
g/t
Contained Metal
500
Contained Unit
oz
Cutoff Grade
1.1
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: The Measured Resource at Eloise includes a byproduct gold component, adding value.

Positive factors

  • Byproduct Gold

Evidence · table

“0.6”

Context: 28,000

Tags used in scoring

Measured Resourcepositive

Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

measuredEloise Copper Mine · silverTonnes: 28000Grade: 7.3Grade Unit: g/tContained Metal: 6600Contained Unit: ozView all details
Link to this fact

Identity

Project
Eloise Copper Mine
Commodity
silver
Ticker
A1M

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Paul Napier
Resource group id
resource:c5031f172da846ad2c33

Resource Data

Category
measured
Tonnes
28000
Grade
7.3
Grade Unit
g/t
Contained Metal
6600
Contained Unit
oz
Cutoff Grade
1.1
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: The Measured Resource at Eloise includes a byproduct silver component, adding value.

Positive factors

  • Byproduct Silver

Evidence · table

“7.3”

Context: 28,000

Tags used in scoring

Measured Resourcepositive

Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

indicatedEloise Copper Mine · copperTonnes: 3696000Grade: 2.6Grade Unit: %Contained Metal: 96800Contained Unit: tView all details
Link to this fact

Identity

Project
Eloise Copper Mine
Commodity
copper
Ticker
A1M

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Paul Napier
Resource group id
resource:7a5776049ca3db8a4c14

Resource Data

Category
indicated
Tonnes
3696000
Grade
2.6
Grade Unit
%
Contained Metal
96800
Contained Unit
t
Cutoff Grade
1.1
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: The Eloise Copper Mine has a substantial Indicated Resource with very high copper grades, providing a strong foundation for future production.

Positive factors

  • Indicated Resource
  • High Grade
  • Significant Contained Metal

Evidence · table

“2.6”

Context: 3,696,000

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

indicatedEloise Copper Mine · goldTonnes: 3696000Grade: 0.7Grade Unit: g/tContained Metal: 78500Contained Unit: ozView all details
Link to this fact

Identity

Project
Eloise Copper Mine
Commodity
gold
Ticker
A1M

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Paul Napier
Resource group id
resource:7a5776049ca3db8a4c14

Resource Data

Category
indicated
Tonnes
3696000
Grade
0.7
Grade Unit
g/t
Contained Metal
78500
Contained Unit
oz
Cutoff Grade
1.1
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: The Indicated Resource at Eloise includes a significant byproduct gold component, enhancing project economics.

Positive factors

  • Byproduct Gold

Evidence · table

“0.7”

Context: 3,696,000

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

indicatedEloise Copper Mine · silverTonnes: 3696000Grade: 9.8Grade Unit: g/tContained Metal: 1164600Contained Unit: ozView all details
Link to this fact

Identity

Project
Eloise Copper Mine
Commodity
silver
Ticker
A1M

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Paul Napier
Resource group id
resource:7a5776049ca3db8a4c14

Resource Data

Category
indicated
Tonnes
3696000
Grade
9.8
Grade Unit
g/t
Contained Metal
1164600
Contained Unit
oz
Cutoff Grade
1.1
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: The Indicated Resource at Eloise includes a significant byproduct silver component, enhancing project economics.

Positive factors

  • Byproduct Silver

Evidence · table

“9.8”

Context: 3,696,000

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

inferredEloise Copper Mine · copperTonnes: 2124000Grade: 2.5Grade Unit: %Contained Metal: 53500Contained Unit: tView all details
Link to this fact

Identity

Project
Eloise Copper Mine
Commodity
copper
Ticker
A1M

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Paul Napier
Resource group id
resource:720f51bfeadbc6b65e37

Resource Data

Category
inferred
Tonnes
2124000
Grade
2.5
Grade Unit
%
Contained Metal
53500
Contained Unit
t
Cutoff Grade
1.1
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: The Eloise Copper Mine has a high-grade Inferred Resource, offering future exploration potential but with lower confidence.

Positive factors

  • High Grade

Negative factors

  • Inferred Resource

Evidence · table

“2.5”

Context: 2,124,000

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

inferredEloise Copper Mine · goldTonnes: 2124000Grade: 0.7Grade Unit: g/tContained Metal: 46900Contained Unit: ozView all details
Link to this fact

Identity

Project
Eloise Copper Mine
Commodity
gold
Ticker
A1M

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Paul Napier
Resource group id
resource:720f51bfeadbc6b65e37

Resource Data

Category
inferred
Tonnes
2124000
Grade
0.7
Grade Unit
g/t
Contained Metal
46900
Contained Unit
oz
Cutoff Grade
1.1
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: The Inferred Resource at Eloise includes a byproduct gold component, adding potential value but with lower confidence.

Positive factors

  • Byproduct Gold

Negative factors

  • Inferred Resource

Evidence · table

“0.7”

Context: 2,124,000

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

inferredEloise Copper Mine · silverTonnes: 2124000Grade: 9.9Grade Unit: g/tContained Metal: 676700Contained Unit: ozView all details
Link to this fact

Identity

Project
Eloise Copper Mine
Commodity
silver
Ticker
A1M

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Paul Napier
Resource group id
resource:720f51bfeadbc6b65e37

Resource Data

Category
inferred
Tonnes
2124000
Grade
9.9
Grade Unit
g/t
Contained Metal
676700
Contained Unit
oz
Cutoff Grade
1.1
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: The Inferred Resource at Eloise includes a byproduct silver component, adding potential value but with lower confidence.

Positive factors

  • Byproduct Silver

Negative factors

  • Inferred Resource

Evidence · table

“9.9”

Context: 2,124,000

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

inferredSandy Creek Project · copperTonnes: 2620000Grade: 1.1Grade Unit: %Contained Metal: 28100Contained Unit: tView all details
Link to this fact

Identity

Project
Sandy Creek Project
Commodity
copper
Ticker
A1M

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
David Price
Resource group id
resource:0b69087037ab61a1af14

Resource Data

Category
inferred
Tonnes
2620000
Grade
1.1
Grade Unit
%
Contained Metal
28100
Contained Unit
t
Cutoff Grade
0.5
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: The Sandy Creek Project adds to the overall Inferred Resource base, providing further exploration potential.

Positive factors

  • Additional Resource

Negative factors

  • Inferred Resource

Evidence · table

“1.1”

Context: 2,620,000

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

inferredSandy Creek Project · goldTonnes: 2620000Grade: 0.3Grade Unit: g/tContained Metal: 22200Contained Unit: ozView all details
Link to this fact

Identity

Project
Sandy Creek Project
Commodity
gold
Ticker
A1M

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
David Price
Resource group id
resource:0b69087037ab61a1af14

Resource Data

Category
inferred
Tonnes
2620000
Grade
0.3
Grade Unit
g/t
Contained Metal
22200
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: The Inferred Resource at Sandy Creek includes a byproduct gold component, adding potential value but with lower confidence.

Positive factors

  • Byproduct Gold

Negative factors

  • Inferred Resource

Evidence · table

“0.3”

Context: 2,620,000

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

inferredSandy Creek Project · silverTonnes: 2620000Grade: 4.4Grade Unit: g/tContained Metal: 370200Contained Unit: ozView all details
Link to this fact

Identity

Project
Sandy Creek Project
Commodity
silver
Ticker
A1M

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
David Price
Resource group id
resource:0b69087037ab61a1af14

Resource Data

Category
inferred
Tonnes
2620000
Grade
4.4
Grade Unit
g/t
Contained Metal
370200
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: The Inferred Resource at Sandy Creek includes a byproduct silver component, adding potential value but with lower confidence.

Positive factors

  • Byproduct Silver

Negative factors

  • Inferred Resource

Evidence · table

“4.4”

Context: 2,620,000

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

inferredArtemis Project · copperTonnes: 580000Grade: 1.4Grade Unit: %Contained Metal: 8100Contained Unit: tView all details
Link to this fact

Identity

Project
Artemis Project
Commodity
copper
Ticker
A1M

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
David Price
Resource group id
resource:f2b188dc5a580c574166

Resource Data

Category
inferred
Tonnes
580000
Grade
1.4
Grade Unit
%
Contained Metal
8100
Contained Unit
t
Cutoff Grade
0.5
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: The Artemis Project adds a smaller Inferred Resource to the portfolio, contributing to overall exploration potential.

Positive factors

  • Additional Resource

Negative factors

  • Inferred Resource

Evidence · table

“1.4”

Context: 580,000

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

inferredArtemis Project · goldTonnes: 580000Grade: 1.1Grade Unit: g/tContained Metal: 21100Contained Unit: ozView all details
Link to this fact

Identity

Project
Artemis Project
Commodity
gold
Ticker
A1M

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
David Price
Resource group id
resource:f2b188dc5a580c574166

Resource Data

Category
inferred
Tonnes
580000
Grade
1.1
Grade Unit
g/t
Contained Metal
21100
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: The Inferred Resource at Artemis includes a higher-grade byproduct gold component, adding potential value but with lower confidence.

Positive factors

  • Byproduct Gold
  • Higher Gold Grade

Negative factors

  • Inferred Resource

Evidence · table

“1.1”

Context: 580,000

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

inferredArtemis Project · silverTonnes: 580000Grade: 45.5Grade Unit: g/tContained Metal: 849000Contained Unit: ozView all details
Link to this fact

Identity

Project
Artemis Project
Commodity
silver
Ticker
A1M

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
David Price
Resource group id
resource:f2b188dc5a580c574166

Resource Data

Category
inferred
Tonnes
580000
Grade
45.5
Grade Unit
g/t
Contained Metal
849000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: The Inferred Resource at Artemis includes a high-grade byproduct silver component, adding potential value but with lower confidence.

Positive factors

  • Byproduct Silver
  • High Silver Grade

Negative factors

  • Inferred Resource

Evidence · table

“45.5”

Context: 580,000

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

measuredEloise Project · copperTonnes: 28000Grade: 1.6Grade Unit: %Contained Metal: 400Contained Unit: tView all details
Link to this fact

Identity

Project
Eloise Project
Commodity
copper
Ticker
A1M

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Paul Napier, Matthew Fallon, David Price
Resource group id
resource:0914d411b2d9701274b7

Resource Data

Category
measured
Tonnes
28000
Grade
1.6
Grade Unit
%
Contained Metal
400
Contained Unit
t
Cutoff Grade
1.1
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: The combined Measured Resource provides a high-confidence base for the overall Eloise Project.

Positive factors

  • Measured Resource
  • High Confidence

Evidence · table

“1.6”

Context: 28,000

Tags used in scoring

Measured Resourcepositive

Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

measuredEloise Project · goldTonnes: 28000Grade: 0.6Grade Unit: g/tContained Metal: 500Contained Unit: ozView all details
Link to this fact

Identity

Project
Eloise Project
Commodity
gold
Ticker
A1M

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Paul Napier, Matthew Fallon, David Price
Resource group id
resource:0914d411b2d9701274b7

Resource Data

Category
measured
Tonnes
28000
Grade
0.6
Grade Unit
g/t
Contained Metal
500
Contained Unit
oz
Cutoff Grade
1.1
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: The combined Measured Resource includes a byproduct gold component, adding value to the project.

Positive factors

  • Byproduct Gold

Evidence · table

“0.6”

Context: 28,000

Tags used in scoring

Measured Resourcepositive

Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

measuredEloise Project · silverTonnes: 28000Grade: 7.3Grade Unit: g/tContained Metal: 6600Contained Unit: ozView all details
Link to this fact

Identity

Project
Eloise Project
Commodity
silver
Ticker
A1M

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Paul Napier, Matthew Fallon, David Price
Resource group id
resource:0914d411b2d9701274b7

Resource Data

Category
measured
Tonnes
28000
Grade
7.3
Grade Unit
g/t
Contained Metal
6600
Contained Unit
oz
Cutoff Grade
1.1
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: The combined Measured Resource includes a byproduct silver component, adding value to the project.

Positive factors

  • Byproduct Silver

Evidence · table

“7.3”

Context: 28,000

Tags used in scoring

Measured Resourcepositive

Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

indicatedEloise Project · copperTonnes: 12979000Grade: 2.2Grade Unit: %Contained Metal: 283400Contained Unit: tView all details
Link to this fact

Identity

Project
Eloise Project
Commodity
copper
Ticker
A1M

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Paul Napier, Matthew Fallon, David Price
Resource group id
resource:f8d8178018bbb09e9735

Resource Data

Category
indicated
Tonnes
12979000
Grade
2.2
Grade Unit
%
Contained Metal
283400
Contained Unit
t
Cutoff Grade
1.1
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: The combined Indicated Resource represents a substantial and high-grade copper inventory, providing strong confidence for future development.

Positive factors

  • Indicated Resource
  • High Grade
  • Significant Contained Metal

Evidence · table

“2.2”

Context: 12,979,000

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

indicatedEloise Project · goldTonnes: 12979000Grade: 0.5Grade Unit: g/tContained Metal: 203400Contained Unit: ozView all details
Link to this fact

Identity

Project
Eloise Project
Commodity
gold
Ticker
A1M

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Paul Napier, Matthew Fallon, David Price
Resource group id
resource:f8d8178018bbb09e9735

Resource Data

Category
indicated
Tonnes
12979000
Grade
0.5
Grade Unit
g/t
Contained Metal
203400
Contained Unit
oz
Cutoff Grade
1.1
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: The combined Indicated Resource includes a significant byproduct gold component, enhancing overall project value.

Positive factors

  • Byproduct Gold

Evidence · table

“0.5”

Context: 12,979,000

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

indicatedEloise Project · silverTonnes: 12979000Grade: 4.3Grade Unit: g/tContained Metal: 1786100Contained Unit: ozView all details
Link to this fact

Identity

Project
Eloise Project
Commodity
silver
Ticker
A1M

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Paul Napier, Matthew Fallon, David Price
Resource group id
resource:f8d8178018bbb09e9735

Resource Data

Category
indicated
Tonnes
12979000
Grade
4.3
Grade Unit
g/t
Contained Metal
1786100
Contained Unit
oz
Cutoff Grade
1.1
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: The combined Indicated Resource includes a significant byproduct silver component, enhancing overall project value.

Positive factors

  • Byproduct Silver

Evidence · table

“4.3”

Context: 12,979,000

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

inferredEloise Project · copperTonnes: 18178000Grade: 1.9Grade Unit: %Contained Metal: 348000Contained Unit: tView all details
Link to this fact

Identity

Project
Eloise Project
Commodity
copper
Ticker
A1M

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Paul Napier, Matthew Fallon, David Price
Resource group id
resource:f88e216abdc50e101982

Resource Data

Category
inferred
Tonnes
18178000
Grade
1.9
Grade Unit
%
Contained Metal
348000
Contained Unit
t
Cutoff Grade
1.1
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: The combined Inferred Resource represents a large, high-grade copper inventory, indicating significant exploration potential but with lower geological confidence.

Positive factors

  • Large Resource Base
  • High Grade

Negative factors

  • Inferred Resource

Evidence · table

“1.9”

Context: 18,178,000

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

inferredEloise Project · goldTonnes: 18178000Grade: 0.4Grade Unit: g/tContained Metal: 241100Contained Unit: ozView all details
Link to this fact

Identity

Project
Eloise Project
Commodity
gold
Ticker
A1M

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Paul Napier, Matthew Fallon, David Price
Resource group id
resource:f88e216abdc50e101982

Resource Data

Category
inferred
Tonnes
18178000
Grade
0.4
Grade Unit
g/t
Contained Metal
241100
Contained Unit
oz
Cutoff Grade
1.1
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: The combined Inferred Resource includes a byproduct gold component, adding potential value but with lower confidence.

Positive factors

  • Byproduct Gold

Negative factors

  • Inferred Resource

Evidence · table

“0.4”

Context: 18,178,000

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

inferredEloise Project · silverTonnes: 18178000Grade: 5Grade Unit: g/tContained Metal: 2917400Contained Unit: ozView all details
Link to this fact

Identity

Project
Eloise Project
Commodity
silver
Ticker
A1M

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Paul Napier, Matthew Fallon, David Price
Resource group id
resource:f88e216abdc50e101982

Resource Data

Category
inferred
Tonnes
18178000
Grade
5
Grade Unit
g/t
Contained Metal
2917400
Contained Unit
oz
Cutoff Grade
1.1
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: The combined Inferred Resource includes a byproduct silver component, adding potential value but with lower confidence.

Positive factors

  • Byproduct Silver

Negative factors

  • Inferred Resource

Evidence · table

“5.0”

Context: 18,178,000

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

Fact 31Eloise Project · copperTonnes: 31185000Grade: 2Grade Unit: %Contained Metal: 631800Contained Unit: tView all details
Link to this fact

Identity

Project
Eloise Project
Commodity
copper
Ticker
A1M

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Paul Napier, Matthew Fallon, David Price
Resource group id
resource:658454be865c725e0fc2

Resource Data

Tonnes
31185000
Grade
2
Grade Unit
%
Contained Metal
631800
Contained Unit
t
Cutoff Grade
1.1
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: The total combined Mineral Resource for the Eloise Project is substantial and high-grade, underpinning the company's growth strategy.

Positive factors

  • Large Resource Base
  • High Grade

Evidence · table

“2.0”

Context: 31,185,000

Tags used in scoring

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

Fact 32Eloise Project · goldTonnes: 31185000Grade: 0.4Grade Unit: g/tContained Metal: 445000Contained Unit: ozView all details
Link to this fact

Identity

Project
Eloise Project
Commodity
gold
Ticker
A1M

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Paul Napier, Matthew Fallon, David Price
Resource group id
resource:658454be865c725e0fc2

Resource Data

Tonnes
31185000
Grade
0.4
Grade Unit
g/t
Contained Metal
445000
Contained Unit
oz
Cutoff Grade
1.1
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: The total combined Mineral Resource includes a significant byproduct gold component, adding substantial value to the project.

Positive factors

  • Significant Byproduct Gold

Evidence · table

“0.4”

Context: 31,185,000

Tags used in scoring

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

Fact 33Eloise Project · silverTonnes: 31185000Grade: 4.7Grade Unit: g/tContained Metal: 4710100Contained Unit: ozView all details
Link to this fact

Identity

Project
Eloise Project
Commodity
silver
Ticker
A1M

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Paul Napier, Matthew Fallon, David Price
Resource group id
resource:658454be865c725e0fc2

Resource Data

Tonnes
31185000
Grade
4.7
Grade Unit
g/t
Contained Metal
4710100
Contained Unit
oz
Cutoff Grade
1.1
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: The total combined Mineral Resource includes a significant byproduct silver component, adding substantial value to the project.

Positive factors

  • Significant Byproduct Silver

Evidence · table

“4.7”

Context: 31,185,000

Tags used in scoring

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

probableJericho Project · copperTonnes: 7105000Grade: 1.8Grade Unit: %Contained Metal: 125400Contained Unit: tView all details
Link to this fact

Identity

Project
Jericho Project
Commodity
copper
Ticker
A1M

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Craig Pocock
Resource group id
resource:b80791d04395e36daccc

Resource Data

Category
probable
Tonnes
7105000
Grade
1.8
Grade Unit
%
Contained Metal
125400
Contained Unit
t
Cutoff Grade
1.3
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: The Jericho Project has a substantial Probable Ore Reserve of high-grade copper, indicating strong economic viability and supporting future production.

Positive factors

  • Probable Reserve
  • High Grade
  • Significant Contained Metal

Evidence · table

“1.8”

Context: 7,105,000

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

probableJericho Project · goldTonnes: 7105000Grade: 0.4Grade Unit: g/tContained Metal: 81900Contained Unit: ozView all details
Link to this fact

Identity

Project
Jericho Project
Commodity
gold
Ticker
A1M

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Craig Pocock
Resource group id
resource:b80791d04395e36daccc

Resource Data

Category
probable
Tonnes
7105000
Grade
0.4
Grade Unit
g/t
Contained Metal
81900
Contained Unit
oz
Cutoff Grade
1.3
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: The Probable Ore Reserve at Jericho includes a notable byproduct gold component, adding to the project's economic value.

Positive factors

  • Byproduct Gold

Evidence · table

“0.4”

Context: 7,105,000

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

probableJericho Project · silverTonnes: 7105000Grade: 1.8Grade Unit: g/tContained Metal: 421000Contained Unit: ozView all details
Link to this fact

Identity

Project
Jericho Project
Commodity
silver
Ticker
A1M

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Craig Pocock
Resource group id
resource:b80791d04395e36daccc

Resource Data

Category
probable
Tonnes
7105000
Grade
1.8
Grade Unit
g/t
Contained Metal
421000
Contained Unit
oz
Cutoff Grade
1.3
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: The Probable Ore Reserve at Jericho includes a notable byproduct silver component, adding to the project's economic value.

Positive factors

  • Byproduct Silver

Evidence · table

“1.8”

Context: 7,105,000

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

provenEloise Copper Mine · copperTonnes: 28000Grade: 1.6Grade Unit: %Contained Metal: 400Contained Unit: tView all details
Link to this fact

Identity

Project
Eloise Copper Mine
Commodity
copper
Ticker
A1M

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Craig Pocock
Resource group id
resource:40112183c2c2822ab2be

Resource Data

Category
proven
Tonnes
28000
Grade
1.6
Grade Unit
%
Contained Metal
400
Contained Unit
t
Cutoff Grade
1.3
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: The Eloise Copper Mine has a small but high-confidence Proved Ore Reserve, providing a secure base for immediate mine planning.

Positive factors

  • Proved Reserve
  • High Confidence

Evidence · table

“1.6”

Context: 28,000

Tags used in scoring

Proven Reservepositive

Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

provenEloise Copper Mine · goldTonnes: 28000Grade: 0.6Grade Unit: g/tContained Metal: 500Contained Unit: ozView all details
Link to this fact

Identity

Project
Eloise Copper Mine
Commodity
gold
Ticker
A1M

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Craig Pocock
Resource group id
resource:40112183c2c2822ab2be

Resource Data

Category
proven
Tonnes
28000
Grade
0.6
Grade Unit
g/t
Contained Metal
500
Contained Unit
oz
Cutoff Grade
1.3
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: The Proved Ore Reserve at Eloise includes a byproduct gold component, adding value.

Positive factors

  • Byproduct Gold

Evidence · table

“0.6”

Context: 28,000

Tags used in scoring

Proven Reservepositive

Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

provenEloise Copper Mine · silverTonnes: 28000Grade: 7.3Grade Unit: g/tContained Metal: 6600Contained Unit: ozView all details
Link to this fact

Identity

Project
Eloise Copper Mine
Commodity
silver
Ticker
A1M

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Craig Pocock
Resource group id
resource:40112183c2c2822ab2be

Resource Data

Category
proven
Tonnes
28000
Grade
7.3
Grade Unit
g/t
Contained Metal
6600
Contained Unit
oz
Cutoff Grade
1.3
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: The Proved Ore Reserve at Eloise includes a byproduct silver component, adding value.

Positive factors

  • Byproduct Silver

Evidence · table

“7.3”

Context: 28,000

Tags used in scoring

Proven Reservepositive

Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

probableEloise Copper Mine · copperTonnes: 3111000Grade: 2.1Grade Unit: %Contained Metal: 65200Contained Unit: tView all details
Link to this fact

Identity

Project
Eloise Copper Mine
Commodity
copper
Ticker
A1M

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Craig Pocock
Resource group id
resource:313de48649b0cc06ea73

Resource Data

Category
probable
Tonnes
3111000
Grade
2.1
Grade Unit
%
Contained Metal
65200
Contained Unit
t
Cutoff Grade
1.3
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: The Eloise Copper Mine has a substantial Probable Ore Reserve with high copper grades, providing a strong foundation for future production.

Positive factors

  • Probable Reserve
  • High Grade
  • Significant Contained Metal

Evidence · table

“2.1”

Context: 3,111,000

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

probableEloise Copper Mine · goldTonnes: 3111000Grade: 0.6Grade Unit: g/tContained Metal: 57200Contained Unit: ozView all details
Link to this fact

Identity

Project
Eloise Copper Mine
Commodity
gold
Ticker
A1M

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Craig Pocock
Resource group id
resource:313de48649b0cc06ea73

Resource Data

Category
probable
Tonnes
3111000
Grade
0.6
Grade Unit
g/t
Contained Metal
57200
Contained Unit
oz
Cutoff Grade
1.3
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: The Probable Ore Reserve at Eloise includes a significant byproduct gold component, enhancing project economics.

Positive factors

  • Byproduct Gold

Evidence · table

“0.6”

Context: 3,111,000

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

probableEloise Copper Mine · silverTonnes: 3111000Grade: 8.3Grade Unit: g/tContained Metal: 833800Contained Unit: ozView all details
Link to this fact

Identity

Project
Eloise Copper Mine
Commodity
silver
Ticker
A1M

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Craig Pocock
Resource group id
resource:313de48649b0cc06ea73

Resource Data

Category
probable
Tonnes
3111000
Grade
8.3
Grade Unit
g/t
Contained Metal
833800
Contained Unit
oz
Cutoff Grade
1.3
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: The Probable Ore Reserve at Eloise includes a significant byproduct silver component, enhancing project economics.

Positive factors

  • Byproduct Silver

Evidence · table

“8.3”

Context: 3,111,000

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

provenEloise Project · copperTonnes: 28000Grade: 1.6Grade Unit: %Contained Metal: 400Contained Unit: tView all details
Link to this fact

Identity

Project
Eloise Project
Commodity
copper
Ticker
A1M

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Craig Pocock
Resource group id
resource:a690eda8dc1753999ac9

Resource Data

Category
proven
Tonnes
28000
Grade
1.6
Grade Unit
%
Contained Metal
400
Contained Unit
t
Cutoff Grade
1.3
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: The combined Proved Ore Reserve provides a high-confidence base for the overall Eloise Project.

Positive factors

  • Proved Reserve
  • High Confidence

Evidence · table

“1.6”

Context: 28,000

Tags used in scoring

Proven Reservepositive

Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

provenEloise Project · goldTonnes: 28000Grade: 0.6Grade Unit: g/tContained Metal: 500Contained Unit: ozView all details
Link to this fact

Identity

Project
Eloise Project
Commodity
gold
Ticker
A1M

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Craig Pocock
Resource group id
resource:a690eda8dc1753999ac9

Resource Data

Category
proven
Tonnes
28000
Grade
0.6
Grade Unit
g/t
Contained Metal
500
Contained Unit
oz
Cutoff Grade
1.3
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: The combined Proved Ore Reserve includes a byproduct gold component, adding value to the project.

Positive factors

  • Byproduct Gold

Evidence · table

“0.6”

Context: 28,000

Tags used in scoring

Proven Reservepositive

Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

provenEloise Project · silverTonnes: 28000Grade: 7.3Grade Unit: g/tContained Metal: 6600Contained Unit: ozView all details
Link to this fact

Identity

Project
Eloise Project
Commodity
silver
Ticker
A1M

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Craig Pocock
Resource group id
resource:a690eda8dc1753999ac9

Resource Data

Category
proven
Tonnes
28000
Grade
7.3
Grade Unit
g/t
Contained Metal
6600
Contained Unit
oz
Cutoff Grade
1.3
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: The combined Proved Ore Reserve includes a byproduct silver component, adding value to the project.

Positive factors

  • Byproduct Silver

Evidence · table

“7.3”

Context: 28,000

Tags used in scoring

Proven Reservepositive

Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

probableEloise Project · copperTonnes: 10216000Grade: 1.9Grade Unit: %Contained Metal: 190600Contained Unit: tView all details
Link to this fact

Identity

Project
Eloise Project
Commodity
copper
Ticker
A1M

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Craig Pocock
Resource group id
resource:df9176c7287621ca155a

Resource Data

Category
probable
Tonnes
10216000
Grade
1.9
Grade Unit
%
Contained Metal
190600
Contained Unit
t
Cutoff Grade
1.3
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: The combined Probable Ore Reserve represents a substantial and high-grade copper inventory, providing strong confidence for future development.

Positive factors

  • Probable Reserve
  • High Grade
  • Significant Contained Metal

Evidence · table

“1.9”

Context: 10,216,000

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

probableEloise Project · goldTonnes: 10216000Grade: 0.4Grade Unit: g/tContained Metal: 139100Contained Unit: ozView all details
Link to this fact

Identity

Project
Eloise Project
Commodity
gold
Ticker
A1M

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Craig Pocock
Resource group id
resource:df9176c7287621ca155a

Resource Data

Category
probable
Tonnes
10216000
Grade
0.4
Grade Unit
g/t
Contained Metal
139100
Contained Unit
oz
Cutoff Grade
1.3
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: The combined Probable Ore Reserve includes a significant byproduct gold component, enhancing overall project value.

Positive factors

  • Byproduct Gold

Evidence · table

“0.4”

Context: 10,216,000

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

probableEloise Project · silverTonnes: 10216000Grade: 3.8Grade Unit: g/tContained Metal: 1254800Contained Unit: ozView all details
Link to this fact

Identity

Project
Eloise Project
Commodity
silver
Ticker
A1M

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Craig Pocock
Resource group id
resource:df9176c7287621ca155a

Resource Data

Category
probable
Tonnes
10216000
Grade
3.8
Grade Unit
g/t
Contained Metal
1254800
Contained Unit
oz
Cutoff Grade
1.3
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: The combined Probable Ore Reserve includes a significant byproduct silver component, enhancing overall project value.

Positive factors

  • Byproduct Silver

Evidence · table

“3.8”

Context: 10,216,000

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

Fact 49Eloise Project · copperTonnes: 10244000Grade: 1.9Grade Unit: %Contained Metal: 191000Contained Unit: tView all details
Link to this fact

Identity

Project
Eloise Project
Commodity
copper
Ticker
A1M

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Craig Pocock
Resource group id
resource:d1d1cea6530a91ce6b97

Resource Data

Tonnes
10244000
Grade
1.9
Grade Unit
%
Contained Metal
191000
Contained Unit
t
Cutoff Grade
1.3
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: The total combined Ore Reserve for the Eloise Project is substantial and high-grade, underpinning the company's production targets.

Positive factors

  • Large Reserve Base
  • High Grade

Evidence · table

“1.9”

Context: 10,244,000

Tags used in scoring

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

Fact 50Eloise Project · goldTonnes: 10244000Grade: 0.4Grade Unit: g/tContained Metal: 139600Contained Unit: ozView all details
Link to this fact

Identity

Project
Eloise Project
Commodity
gold
Ticker
A1M

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Craig Pocock
Resource group id
resource:d1d1cea6530a91ce6b97

Resource Data

Tonnes
10244000
Grade
0.4
Grade Unit
g/t
Contained Metal
139600
Contained Unit
oz
Cutoff Grade
1.3
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: The total combined Ore Reserve includes a significant byproduct gold component, adding substantial value to the project.

Positive factors

  • Significant Byproduct Gold

Evidence · table

“0.4”

Context: 10,244,000

Tags used in scoring

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

Fact 51Eloise Project · silverTonnes: 10244000Grade: 3.8Grade Unit: g/tContained Metal: 1261400Contained Unit: ozView all details
Link to this fact

Identity

Project
Eloise Project
Commodity
silver
Ticker
A1M

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Craig Pocock
Resource group id
resource:d1d1cea6530a91ce6b97

Resource Data

Tonnes
10244000
Grade
3.8
Grade Unit
g/t
Contained Metal
1261400
Contained Unit
oz
Cutoff Grade
1.3
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: The total combined Ore Reserve includes a significant byproduct silver component, adding substantial value to the project.

Positive factors

  • Significant Byproduct Silver

Evidence · table

“3.8”

Context: 10,244,000

Tags used in scoring

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.