# ACS: Amended Announcement

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/acs-amended-announcement--29359bdc-0127-45f1-8850-d6a028646646

Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03152527

Publisher: asx

Original announcement: 2026-10-14T09:28:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-14T10:11:24.858Z

Atlas analysis updated: 2026-10-14T10:11:24.858Z

- Company: Accent Resources NL

- Ticker: ACS

- Exchange: ASX

- Region: Western Australia

- Primary commodity: Iron ore

- Secondary commodities: None reported

- Document categories: Metallurgy

- Extracted: 2026-10-14 10:11:25 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Accent Resources NL re-released metallurgical testwork results for its Magnetite Range Project, confirming the technical viability of a dry processing flowsheet. Preliminary bench-scale tests achieved high-grade magnetite concentrates \(up to 68.0% Fe\) with strong magnetic iron recoveries \(up to 98.2%\). An additional wet cleaning stage further upgraded concentrates to over 70% Fe, providing technical support for a water-efficient processing route in the ongoing Pre-Feasibility Study.

Reasoning: This amended announcement re-releases previously reported preliminary bench-scale metallurgical testwork results for the Magnetite Range Project. The dry magnetic separation achieved high magnetic iron recoveries \(up to 98.2%\) and high-grade concentrates \(up to 68.0% Fe\), supporting a water-efficient processing option for the PFS. Wet magnetic cleaning further upgraded concentrates to over 70% Fe, but also showed the presence of deleterious elements. The results are positive for project viability but are not new information.

- Positive factor: High Recovery

- Positive factor: QP/CP Signed

- Positive factor: JORC Compliant

- Negative factor: Bench Scale Only

- Negative factor: Stale Data Re-release

- Negative factor: Deleterious Elements Present

Facts used in scoring: 8

## Classification and evidence

**High Recovery**

Polarity: positive

Definition: Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: Magnetic iron recovery for three high-grade samples ranged from 97.0% to 98.2%, exceeding the exceptional threshold for iron ore.

Evidence · text

> Overall magnetic iron recovery for the four tests reached 98.21%.

**Bench Scale Only**

Polarity: negative

Definition: Only preliminary bench tests completed — no locked-cycle or pilot work.

Why it applies: The testwork is described as preliminary bench scale outcomes, indicating early-stage testing.

Evidence · text

> These results are preliminary bench scale outcomes and are not a final process design or production forecast.

**QP/CP Signed**

Polarity: positive

Story-specific tag

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

Why it applies: The metallurgical information is compiled by Mr Aaron Debono, a Competent Person and Fellow of the Australasian Institute of Mining and Metallurgy.

Evidence · text

> The information in this report that relates to Metallurgy is based on, and fairly reflects, information compiled by Mr Aaron Debono, a Competent Person, who is a full-time employee of NeoMet Engineering Pty Ltd and a Fellow of the Australasian Institute of Mining and Metallurgy.

**JORC Compliant**

Polarity: positive

Story-specific tag

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

Why it applies: The metallurgical information is reported in accordance with the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves \(JORC\).

Evidence · text

> Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves.

**Deleterious Elements Present**

Polarity: negative

Story-specific tag

Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release.

Why it applies: Wet magnetic separation concentrate results include levels of SiO₂, Al₂O₃, S, and P, which can be deleterious elements in iron ore concentrates.

Evidence · table

> SiO₂%

Context: J-UBIF-01

**Stale Data Re-release**

Polarity: negative

Story-specific tag

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

Why it applies: This announcement is an amendment to a prior release dated 30 September 2026, re-releasing the same metallurgical results with additional context rather than new testwork.

Evidence · text

> Accent Resources NL \(ASX: ACS\) \(Accent or the Company\) provides this amended announcement to its release dated 30 September 2026, titled “Testwork Confirms Technical Viability of Dry Processing Flowsheet”.

**Mill Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: the document describes a flotation route \("concentrate"\)

**Multi-Domain Tested**

Polarity: positive

Definition: Variability across ore domains \(oxide, transition, fresh\) has been addressed.

Why it applies: 4 distinct composites were tested

## Extracted facts

Stored fact records: 8. Some facts used in scoring do not have a stored record.

## Metallurgical Results (8)

### dual drum dry magnetic separation

[Link to this fact](https://atlas-staging.minestarters.com/news/acs-amended-announcement--29359bdc-0127-45f1-8850-d6a028646646#fact-metallurgical-facts-0)

Magnetite Range Project · iron\_ore

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Magnetite Range Project
- Commodity: iron\_ore
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: ACS

#### Test Work

- Program Status: preliminary
- Test Type: dual drum dry magnetic separation
- Processing Route: dual drum dry magnetic separation
- Sample: J-UBIF-01
- Grind P80: 75 µm

#### Recovery

- Recovery: 97 %
- Recovery Basis: actual\_test
- Head Grade: 34.74
- Head Grade Unit: % Fe
- Conc. Grade: 67.1
- Conc. Grade Unit: % Fe
- Mass Pull: 44.1 %

#### Lab

- Laboratory: LONGI Magnet Co., Ltd.
- Consultant: NeoMet Engineering Pty Ltd

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2026-09-30T00:00:00.000Z

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: High magnetic iron recovery of 97.0% and high concentrate grade of 67.1% Fe from preliminary bench-scale dry magnetic separation testwork, though these results were previously released.

- Positive factor: High Recovery

- Positive factor: QP/CP Signed

- Positive factor: JORC Compliant

- Negative factor: Bench Scale Only

- Negative factor: Stale Data Re-release

Evidence · table

> 97.0

Context: J-UBIF-01

### dual drum dry magnetic separation

[Link to this fact](https://atlas-staging.minestarters.com/news/acs-amended-announcement--29359bdc-0127-45f1-8850-d6a028646646#fact-metallurgical-facts-1)

Magnetite Range Project · iron\_ore

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Magnetite Range Project
- Commodity: iron\_ore
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: ACS

#### Test Work

- Program Status: preliminary
- Test Type: dual drum dry magnetic separation
- Processing Route: dual drum dry magnetic separation
- Sample: J-LBIF-02
- Grind P80: 75 µm

#### Recovery

- Recovery: 98.2 %
- Recovery Basis: actual\_test
- Head Grade: 36.03
- Head Grade Unit: % Fe
- Conc. Grade: 66.7
- Conc. Grade Unit: % Fe
- Mass Pull: 49.3 %

#### Lab

- Laboratory: LONGI Magnet Co., Ltd.
- Consultant: NeoMet Engineering Pty Ltd

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2026-09-30T00:00:00.000Z

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: High magnetic iron recovery of 98.2% and high concentrate grade of 66.7% Fe from preliminary bench-scale dry magnetic separation testwork, though these results were previously released.

- Positive factor: High Recovery

- Positive factor: QP/CP Signed

- Positive factor: JORC Compliant

- Negative factor: Bench Scale Only

- Negative factor: Stale Data Re-release

Evidence · table

> 98.2

Context: J-LBIF-02

### dual drum dry magnetic separation

[Link to this fact](https://atlas-staging.minestarters.com/news/acs-amended-announcement--29359bdc-0127-45f1-8850-d6a028646646#fact-metallurgical-facts-2)

Magnetite Range Project · iron\_ore

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Magnetite Range Project
- Commodity: iron\_ore
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: ACS

#### Test Work

- Program Status: preliminary
- Test Type: dual drum dry magnetic separation
- Processing Route: dual drum dry magnetic separation
- Sample: R-LBIF-12
- Grind P80: 75 µm

#### Recovery

- Recovery: 98.2 %
- Recovery Basis: actual\_test
- Head Grade: 33.3
- Head Grade Unit: % Fe
- Conc. Grade: 68
- Conc. Grade Unit: % Fe
- Mass Pull: 42.7 %

#### Lab

- Laboratory: LONGI Magnet Co., Ltd.
- Consultant: NeoMet Engineering Pty Ltd

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2026-09-30T00:00:00.000Z

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: High magnetic iron recovery of 98.2% and high concentrate grade of 68.0% Fe from preliminary bench-scale dry magnetic separation testwork, though these results were previously released.

- Positive factor: High Recovery

- Positive factor: QP/CP Signed

- Positive factor: JORC Compliant

- Negative factor: Bench Scale Only

- Negative factor: Stale Data Re-release

Evidence · table

> 98.2

Context: R-LBIF-12

### dual drum dry magnetic separation

[Link to this fact](https://atlas-staging.minestarters.com/news/acs-amended-announcement--29359bdc-0127-45f1-8850-d6a028646646#fact-metallurgical-facts-3)

Magnetite Range Project · iron\_ore

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Magnetite Range Project
- Commodity: iron\_ore
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: ACS

#### Test Work

- Program Status: preliminary
- Test Type: dual drum dry magnetic separation
- Processing Route: dual drum dry magnetic separation
- Sample: R-LBIF-14
- Grind P80: 75 µm

#### Recovery

- Recovery: 88.3 %
- Recovery Basis: actual\_test
- Head Grade: 24.83
- Head Grade Unit: % Fe
- Conc. Grade: 66.3
- Conc. Grade Unit: % Fe
- Mass Pull: 21.1 %

#### Lab

- Laboratory: LONGI Magnet Co., Ltd.
- Consultant: NeoMet Engineering Pty Ltd

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2026-09-30T00:00:00.000Z

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: High concentrate grade of 66.3% Fe but lower magnetic iron recovery of 88.3% from preliminary bench-scale dry magnetic separation testwork on a low-grade sample, though these results were previously released.

- Positive factor: QP/CP Signed

- Positive factor: JORC Compliant

- Negative factor: Bench Scale Only

- Negative factor: Stale Data Re-release

- Negative factor: Low Recovery

Evidence · table

> 88.3

Context: R-LBIF-14\*

### wet magnetic separation

[Link to this fact](https://atlas-staging.minestarters.com/news/acs-amended-announcement--29359bdc-0127-45f1-8850-d6a028646646#fact-metallurgical-facts-4)

Magnetite Range Project · iron\_ore

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Magnetite Range Project
- Commodity: iron\_ore
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: ACS

#### Test Work

- Program Status: preliminary
- Test Type: wet magnetic separation
- Processing Route: wet magnetic separation \(LJC unit\)
- Sample: J-UBIF-01
- Grind P80: 74 µm

#### Recovery

- Recovery: 81.93 %
- Recovery Basis: actual\_test
- Head Grade: 34.74
- Head Grade Unit: % Fe
- Conc. Grade: 70.08
- Conc. Grade Unit: % Fe
- Mass Pull: 40.52 %

#### Lab

- Laboratory: LONGI Magnet Co., Ltd.
- Consultant: NeoMet Engineering Pty Ltd

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2026-09-30T00:00:00.000Z

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: Very high concentrate grade of 70.08% Fe from preliminary bench-scale wet magnetic separation testwork, though these results were previously released. Deleterious elements are present in the concentrate.

- Positive factor: QP/CP Signed

- Positive factor: JORC Compliant

- Negative factor: Bench Scale Only

- Negative factor: Stale Data Re-release

- Negative factor: Deleterious Elements Present

Evidence · table

> 81.93

Context: J-UBIF-01

### wet magnetic separation

[Link to this fact](https://atlas-staging.minestarters.com/news/acs-amended-announcement--29359bdc-0127-45f1-8850-d6a028646646#fact-metallurgical-facts-5)

Magnetite Range Project · iron\_ore

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Magnetite Range Project
- Commodity: iron\_ore
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: ACS

#### Test Work

- Program Status: preliminary
- Test Type: wet magnetic separation
- Processing Route: wet magnetic separation \(LJC unit\)
- Sample: J-LBIF-02
- Grind P80: 74 µm

#### Recovery

- Recovery: 88.69 %
- Recovery Basis: actual\_test
- Head Grade: 36.03
- Head Grade Unit: % Fe
- Conc. Grade: 69.67
- Conc. Grade Unit: % Fe
- Mass Pull: 45.88 %

#### Lab

- Laboratory: LONGI Magnet Co., Ltd.
- Consultant: NeoMet Engineering Pty Ltd

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2026-09-30T00:00:00.000Z

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: Very high concentrate grade of 69.67% Fe from preliminary bench-scale wet magnetic separation testwork, though these results were previously released. Deleterious elements are present in the concentrate.

- Positive factor: QP/CP Signed

- Positive factor: JORC Compliant

- Negative factor: Bench Scale Only

- Negative factor: Stale Data Re-release

- Negative factor: Deleterious Elements Present

Evidence · table

> 88.69

Context: J-LBIF-02

### wet magnetic separation

[Link to this fact](https://atlas-staging.minestarters.com/news/acs-amended-announcement--29359bdc-0127-45f1-8850-d6a028646646#fact-metallurgical-facts-6)

Magnetite Range Project · iron\_ore

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Magnetite Range Project
- Commodity: iron\_ore
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: ACS

#### Test Work

- Program Status: preliminary
- Test Type: wet magnetic separation
- Processing Route: wet magnetic separation \(LJC unit\)
- Sample: R-LBIF-12
- Grind P80: 74 µm

#### Recovery

- Recovery: 85.39 %
- Recovery Basis: actual\_test
- Head Grade: 33.3
- Head Grade Unit: % Fe
- Conc. Grade: 70.3
- Conc. Grade Unit: % Fe
- Mass Pull: 40.27 %

#### Lab

- Laboratory: LONGI Magnet Co., Ltd.
- Consultant: NeoMet Engineering Pty Ltd

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2026-09-30T00:00:00.000Z

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: Very high concentrate grade of 70.3% Fe from preliminary bench-scale wet magnetic separation testwork, though these results were previously released. Deleterious elements are present in the concentrate.

- Positive factor: QP/CP Signed

- Positive factor: JORC Compliant

- Negative factor: Bench Scale Only

- Negative factor: Stale Data Re-release

- Negative factor: Deleterious Elements Present

Evidence · table

> 85.39

Context: R-LBIF-12

### wet magnetic separation

[Link to this fact](https://atlas-staging.minestarters.com/news/acs-amended-announcement--29359bdc-0127-45f1-8850-d6a028646646#fact-metallurgical-facts-7)

Magnetite Range Project · iron\_ore

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Magnetite Range Project
- Commodity: iron\_ore
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: ACS

#### Test Work

- Program Status: preliminary
- Test Type: wet magnetic separation
- Processing Route: wet magnetic separation \(LJC unit\)
- Sample: R-LBIF-14
- Grind P80: 74 µm

#### Recovery

- Recovery: 59.18 %
- Recovery Basis: actual\_test
- Head Grade: 24.83
- Head Grade Unit: % Fe
- Conc. Grade: 69.97
- Conc. Grade Unit: % Fe
- Mass Pull: 21.01 %

#### Lab

- Laboratory: LONGI Magnet Co., Ltd.
- Consultant: NeoMet Engineering Pty Ltd

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2026-09-30T00:00:00.000Z

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: Very high concentrate grade of 69.97% Fe but low recovery of 59.18% from preliminary bench-scale wet magnetic separation testwork on a low-grade sample, though these results were previously released. Deleterious elements are present in the concentrate.

- Positive factor: QP/CP Signed

- Positive factor: JORC Compliant

- Negative factor: Bench Scale Only

- Negative factor: Stale Data Re-release

- Negative factor: Deleterious Elements Present

- Negative factor: Low Recovery

Evidence · table

> 59.18\*

Context: R-LBIF-14

## 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.