# ADD: From Zero to 383koz Gold in 20 Months

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/add-from-zero-to-383koz-gold-in-20-months--b400ced8-fb84-476d-ac2c-172f78793de4

Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03141927

Publisher: asx

Original announcement: 2026-09-21T22:20:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-09-21T23:17:51.529Z

Atlas analysis updated: 2026-09-21T23:17:51.529Z

- Company: Adavale Resources Limited

- Ticker: ADD

- Exchange: ASX

- Region: New South Wales

- Primary commodity: Gold

- Secondary commodities: None reported

- Document categories: Drill results, Resource update

- Extracted: 2026-09-21 23:17:52 UTC

Narrative sentiment: 0.90 · Bullish

## Minestarters Atlas summary

Adavale Resources has announced a significant update to its Parkes Gold Project Mineral Resource Estimate, increasing the total gold inventory by over 200% to 383,300 ounces. The London-Victoria deposit's resource surged 228% to 263,000 ounces, with 126,200 ounces now classified as Indicated, following the company's first standalone drilling campaign in almost 30 years. Additionally, new Inferred resources were established at Victoria South and Armstrongs, contributing approximately 70,000 ounces, with significant exploration upside remaining across the broader project.

Reasoning: The company has significantly increased its gold resource inventory by over 200% to 383,300 ounces, with a substantial portion now in the Indicated category, providing a strong foundation for future studies and demonstrating strong exploration success.

- Positive factor: Significant increase in total gold resource \(tripled\)

- Positive factor: Substantial increase in Indicated resources at London-Victoria

- Positive factor: Mineralisation remains open for further growth

- Positive factor: New near-mine opportunities added

- Positive factor: First resource update incorporating modern drilling

- Positive factor: JORC 2012 compliant and QP signed

- Positive factor: High-grade sub-intervals in drill results

- Negative factor: Some historical data lacks documentation, leading to lower confidence in some areas

- Negative factor: Assumed bulk density for oxide material at Armstrongs is not based on actual measurements

- Negative factor: No external review of the 2026 estimate

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

Facts used in scoring: 55

## Classification and evidence

**Tonnage Growth**

Polarity: positive

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

Why it applies: The London-Victoria MRE increased from 3.8Mt to 9.74Mt, representing a significant tonnage increase.

Evidence · text

> The updated London-Victoria MRE of 9.74Mt at 0.84g/t Au for 262,700oz represents a 228% growth in contained gold compared with the previous MRE of 3.8Mt at 0.95g/t Au for 115koz.

**Contained Metal Growth**

Polarity: positive

Definition: True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.

Why it applies: Contained gold at London-Victoria increased from 115koz to 262,700oz, a 228% growth.

Evidence · text

> The updated London-Victoria MRE of 9.74Mt at 0.84g/t Au for 262,700oz represents a 228% growth in contained gold compared with the previous MRE of 3.8Mt at 0.95g/t Au for 115koz.

**Category Upgrade**

Polarity: positive

Definition: Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.

Why it applies: London-Victoria now contains 126,200oz classified as Indicated, representing 48.0% of its contained gold, indicating an upgrade in confidence.

Evidence · text

> London-Victoria contains 126,200oz classified as Indicated, representing 48.0% of its contained gold and providing a stronger technical foundation for the planned Scoping Study

**Maiden Resource**

Polarity: neutral

Definition: First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component.

Why it applies: New Inferred Mineral Resources were established at Victoria South and Armstrongs, marking their first formal MRE.

Evidence · text

> New Inferred Mineral Resources at Victoria South \(18,000oz\) and Armstrongs \(51,800oz\) lift the combined estimate to 332,500oz.

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: The announcement provides an updated Mineral Resource Estimate for London-Victoria, superseding a previous estimate from May 2025.

Evidence · text

> The updated Mineral Resource Estimate for London–Victoria reported in this announcement supersedes and replaces the Mineral Resource Estimate announced on 5 May 2025.

**JORC Compliant**

Polarity: positive

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

Why it applies: The Mineral Resource estimate is reported under JORC 2012.

Evidence · text

> When we completed the Parkes acquisition in January 2025, the project had no gold Mineral Resource reported under JORC 2012.

**QP/CP Signed**

Polarity: positive

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: Mark Berry of Derisk Geomining Consultants is the Competent Person for the Mineral Resource estimate, as defined by the JORC Code.

Evidence · text

> Mark Berry of Derisk Geomining Consultants is the Competent Person for the Mineral Resource estimate, as defined by the JORC Code.

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: Cut-off grades of 0.20g/t Au for oxide and 0.25g/t Au for sulphide mineralisation are clearly stated.

Evidence · text

> Derisk elected to use the 140% Revenue Factor shell \(equivalent to USD 4,200/oz\) to report the September 2026 Mineral Resource at a cut-off criterion of 0.20g/t Au for oxide mineralisation and 0.25g/t Au for sulphide mineralisation.

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: Adavale implemented a QA/QC process including blanks, field duplicates, and certified reference materials, with an independent laboratory check.

Evidence · text

> Adavale implemented a QA/QC process that included insertion of blanks, field duplicates and different certified reference materials to monitor sample preparation and analysis. The company also completed an independent laboratory check by sending 300 duplicate pulp samples to a second laboratory.

**Apparent Width Only**

Polarity: negative

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

Why it applies: Drill intercepts are reported as downhole widths with no true width stated.

Evidence · text

> Width \(m\)

**Nearology Play**

Polarity: neutral

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

Why it applies: The project is positioned adjacent to world-class operations like Cadia Ridgeway and Northparkes, leveraging their proximity for potential.

Evidence · text

> The region hosts world-class operations such as Cadia Ridgeway \(35.1Moz Au &amp; 7.9Mt Cu\) and Northparkes \(5.2Moz Au &amp; 4.4Mt Cu\), adjacent and directly west of the Parkes Project.

**Bonanza Intercept**

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: The intercept of 1m at 52.6g/t Au in ALRC076 is exceptionally high-grade, well above the deposit-type norm for gold.

Evidence · text

> 1m at 52.6g/t Au in ALRC076

## Extracted facts

Stored fact records: 55. Some facts used in scoring do not have a stored record.

## Drill Results (33)

### ALRC001

[Link to this fact](https://atlas-staging.minestarters.com/news/add-from-zero-to-383koz-gold-in-20-months--b400ced8-fb84-476d-ac2c-172f78793de4#fact-drill-facts-22)

London-Victoria · gold

#### Identity

- Hole ID: ALRC001
- Project: London-Victoria
- Commodity: gold
- Region: australia\_nsw
- Reported Region: australia\_nsw
- Ticker: ADD

#### Geometry

- Grade: 1.95
- Grade Unit: g/t
- Intercept: 10 m
- From: 149 m
- To: 159 m
- Hole Depth: 180 m
- Intercept Depth: 149 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: ALRC001:149-159
- Mining Method: open\_pit

#### Location

- Location: Main Zone
- Easting: 605280
- Northing: 6330083
- CRS: GDA94
- Elevation: 333.2 m
- Azimuth: 259 °
- Dip: -55 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: No
- QA/QC Methods: standards, blanks, duplicates, check\_assays

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t
- Dilution Disclosed: Yes
- Max Dilution: 3 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This intercept confirms mineralisation continuity below the historical pit, contributing to the resource update.

- Positive factor: Confirms mineralisation immediately below and adjacent to the historical pit

- Positive factor: Good grade for open pit mining

Evidence · text

> 10m at 1.95g/t Au from 149m in ALRC001

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### ALRC004

[Link to this fact](https://atlas-staging.minestarters.com/news/add-from-zero-to-383koz-gold-in-20-months--b400ced8-fb84-476d-ac2c-172f78793de4#fact-drill-facts-23)

London-Victoria · gold

#### Identity

- Hole ID: ALRC004
- Project: London-Victoria
- Commodity: gold
- Region: australia\_nsw
- Reported Region: australia\_nsw
- Ticker: ADD

#### Geometry

- Grade: 1.48
- Grade Unit: g/t
- Intercept: 12 m
- From: 38 m
- To: 50 m
- Hole Depth: 94 m
- Intercept Depth: 38 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: ALRC004:38-50
- Mining Method: open\_pit

#### Location

- Location: Main Zone
- Easting: 605027
- Northing: 6329629
- CRS: GDA94
- Elevation: 296.6 m
- Azimuth: 200 °
- Dip: -50 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: No
- QA/QC Methods: standards, blanks, duplicates, check\_assays

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t
- Dilution Disclosed: Yes
- Max Dilution: 3 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This intercept confirms mineralisation continuity below the historical pit, contributing to the resource update.

- Positive factor: Confirms mineralisation immediately below and adjacent to the historical pit

- Positive factor: Good grade for open pit mining

Evidence · text

> 12m at 1.48g/t Au from 38m in ALRC004

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### ALRC008

[Link to this fact](https://atlas-staging.minestarters.com/news/add-from-zero-to-383koz-gold-in-20-months--b400ced8-fb84-476d-ac2c-172f78793de4#fact-drill-facts-24)

London-Victoria · gold

#### Identity

- Hole ID: ALRC008
- Project: London-Victoria
- Commodity: gold
- Region: australia\_nsw
- Reported Region: australia\_nsw
- Ticker: ADD

#### Geometry

- Grade: 1.69
- Grade Unit: g/t
- Intercept: 6 m
- From: 37 m
- To: 43 m
- Hole Depth: 55 m
- Intercept Depth: 37 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: ALRC008:37-43
- Mining Method: open\_pit

#### Location

- Location: Main Zone
- Easting: 605106
- Northing: 6329804
- CRS: GDA94
- Elevation: 285.8 m
- Azimuth: 0 °
- Dip: -90 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: No
- QA/QC Methods: standards, blanks, duplicates, check\_assays

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t
- Dilution Disclosed: Yes
- Max Dilution: 3 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This intercept confirms mineralisation continuity below the historical pit, contributing to the resource update.

- Positive factor: Confirms mineralisation immediately below and adjacent to the historical pit

- Positive factor: Good grade for open pit mining

Evidence · text

> 6m at 1.69g/t Au from 37m in ALRC008

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### ALRC011

[Link to this fact](https://atlas-staging.minestarters.com/news/add-from-zero-to-383koz-gold-in-20-months--b400ced8-fb84-476d-ac2c-172f78793de4#fact-drill-facts-25)

London-Victoria · gold

#### Identity

- Hole ID: ALRC011
- Project: London-Victoria
- Commodity: gold
- Region: australia\_nsw
- Reported Region: australia\_nsw
- Ticker: ADD

#### Geometry

- Grade: 6.64
- Grade Unit: g/t
- Intercept: 3 m
- From: 10 m
- To: 13 m
- Hole Depth: 211 m
- Intercept Depth: 10 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: ALRC011:10-13
- Mining Method: open\_pit

#### Location

- Location: Main Zone
- Easting: 604706
- Northing: 6328814
- CRS: GDA94
- Elevation: 314 m
- Azimuth: 33 °
- Dip: -62 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: No
- QA/QC Methods: standards, blanks, duplicates, check\_assays

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t
- Dilution Disclosed: Yes
- Max Dilution: 3 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This high-grade intercept confirms mineralisation continuity below the historical pit, contributing to the resource update.

- Positive factor: High-grade intercept

- Positive factor: Confirms mineralisation immediately below and adjacent to the historical pit

Evidence · text

> 3m at 6.64g/t Au from 10m, including 1m at 14.6g/t Au in ALRC011

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### ALRC011

[Link to this fact](https://atlas-staging.minestarters.com/news/add-from-zero-to-383koz-gold-in-20-months--b400ced8-fb84-476d-ac2c-172f78793de4#fact-drill-facts-26)

London-Victoria · gold

#### Identity

- Hole ID: ALRC011
- Project: London-Victoria
- Commodity: gold
- Region: australia\_nsw
- Reported Region: australia\_nsw
- Ticker: ADD

#### Geometry

- Grade: 14.6
- Grade Unit: g/t
- Intercept: 1 m
- From: 10 m
- To: 11 m
- Hole Depth: 211 m
- Intercept Depth: 10 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: ALRC011:10-11
- Mining Method: open\_pit

#### Location

- Location: Main Zone
- Easting: 604706
- Northing: 6328814
- CRS: GDA94
- Elevation: 314 m
- Azimuth: 33 °
- Dip: -62 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: No
- QA/QC Methods: standards, blanks, duplicates, check\_assays

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t
- Dilution Disclosed: Yes
- Max Dilution: 3 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This bonanza grade sub-interval is highly material and confirms very high-grade mineralisation, significantly contributing to the resource update.

- Positive factor: Bonanza Intercept

- Positive factor: Exceptional grade for open pit mining

Evidence · text

> 1m at 14.6g/t Au in ALRC011

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### ALRC014

[Link to this fact](https://atlas-staging.minestarters.com/news/add-from-zero-to-383koz-gold-in-20-months--b400ced8-fb84-476d-ac2c-172f78793de4#fact-drill-facts-27)

London-Victoria · gold

#### Identity

- Hole ID: ALRC014
- Project: London-Victoria
- Commodity: gold
- Region: australia\_nsw
- Reported Region: australia\_nsw
- Ticker: ADD

#### Geometry

- Grade: 0.82
- Grade Unit: g/t
- Intercept: 48 m
- From: 133 m
- To: 181 m
- Hole Depth: 219 m
- Intercept Depth: 133 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: ALRC014:133-181
- Mining Method: open\_pit

#### Location

- Location: Main Zone
- Easting: 604938
- Northing: 6329177
- CRS: GDA94
- Elevation: 323.9 m
- Azimuth: 245 °
- Dip: -60 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: No
- QA/QC Methods: standards, blanks, duplicates, check\_assays

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t
- Dilution Disclosed: Yes
- Max Dilution: 3 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This broad intercept significantly extends mineralisation below the pit floor, demonstrating the open nature of the deposit and providing a foundation for further structural interpretation.

- Positive factor: Broad mineralised zone

- Positive factor: Extended mineralisation approximately 100m below the pit floor

- Positive factor: Demonstrated London-Victoria remained open at depth

Evidence · text

> 48m at 0.82g/t Au from 133m, including 25m at 1.17g/t Au in ALRC014

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### ALRC014

[Link to this fact](https://atlas-staging.minestarters.com/news/add-from-zero-to-383koz-gold-in-20-months--b400ced8-fb84-476d-ac2c-172f78793de4#fact-drill-facts-28)

London-Victoria · gold

#### Identity

- Hole ID: ALRC014
- Project: London-Victoria
- Commodity: gold
- Region: australia\_nsw
- Reported Region: australia\_nsw
- Ticker: ADD

#### Geometry

- Grade: 1.17
- Grade Unit: g/t
- Intercept: 25 m
- From: 133 m
- To: 158 m
- Hole Depth: 219 m
- Intercept Depth: 133 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: ALRC014:133-158
- Mining Method: open\_pit

#### Location

- Location: Main Zone
- Easting: 604938
- Northing: 6329177
- CRS: GDA94
- Elevation: 323.9 m
- Azimuth: 245 °
- Dip: -60 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: No
- QA/QC Methods: standards, blanks, duplicates, check\_assays

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t
- Dilution Disclosed: Yes
- Max Dilution: 3 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This broad intercept significantly extends mineralisation below the pit floor, demonstrating the open nature of the deposit and providing a foundation for further structural interpretation.

- Positive factor: Broad mineralised zone

- Positive factor: Extended mineralisation approximately 100m below the pit floor

- Positive factor: Demonstrated London-Victoria remained open at depth

Evidence · text

> 25m at 1.17g/t Au in ALRC014

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### ALRC018

[Link to this fact](https://atlas-staging.minestarters.com/news/add-from-zero-to-383koz-gold-in-20-months--b400ced8-fb84-476d-ac2c-172f78793de4#fact-drill-facts-29)

London-Victoria · gold

#### Identity

- Hole ID: ALRC018
- Project: London-Victoria
- Commodity: gold
- Region: australia\_nsw
- Reported Region: australia\_nsw
- Ticker: ADD

#### Geometry

- Grade: 2.62
- Grade Unit: g/t
- Intercept: 14 m
- From: 133 m
- To: 147 m
- Hole Depth: 194 m
- Intercept Depth: 133 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: ALRC018:133-147
- Mining Method: open\_pit

#### Location

- Location: Main Zone
- Easting: 604960
- Northing: 6329150
- CRS: GDA94
- Elevation: 321.3 m
- Azimuth: 287 °
- Dip: -49 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: No
- QA/QC Methods: standards, blanks, duplicates, check\_assays

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t
- Dilution Disclosed: Yes
- Max Dilution: 3 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This intercept validates geological controls and demonstrates continuity beneath the pit, providing confidence for resource expansion.

- Positive factor: Validates interpreted geological controls

- Positive factor: Demonstrates continuity beneath the pit

- Positive factor: Good grade for open pit mining

Evidence · text

> 14m at 2.62g/t Au from 133m in ALRC018

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### ALRC019

[Link to this fact](https://atlas-staging.minestarters.com/news/add-from-zero-to-383koz-gold-in-20-months--b400ced8-fb84-476d-ac2c-172f78793de4#fact-drill-facts-30)

London-Victoria · gold

#### Identity

- Hole ID: ALRC019
- Project: London-Victoria
- Commodity: gold
- Region: australia\_nsw
- Reported Region: australia\_nsw
- Ticker: ADD

#### Geometry

- Grade: 1.53
- Grade Unit: g/t
- Intercept: 28 m
- From: 137 m
- To: 165 m
- Hole Depth: 210 m
- Intercept Depth: 137 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: ALRC019:137-165
- Mining Method: open\_pit

#### Location

- Location: Main Zone
- Easting: 604956
- Northing: 6329124
- CRS: GDA94
- Elevation: 320.3 m
- Azimuth: 276 °
- Dip: -50 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: No
- QA/QC Methods: standards, blanks, duplicates, check\_assays

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t
- Dilution Disclosed: Yes
- Max Dilution: 3 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This intercept validates geological controls and demonstrates continuity beneath the pit, providing confidence for resource expansion.

- Positive factor: Validates interpreted geological controls

- Positive factor: Demonstrates continuity beneath the pit

- Positive factor: Good grade for open pit mining

Evidence · text

> 28m at 1.53g/t Au from 137m, including 11m at 2.62g/t Au in ALRC019

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### ALRC019

[Link to this fact](https://atlas-staging.minestarters.com/news/add-from-zero-to-383koz-gold-in-20-months--b400ced8-fb84-476d-ac2c-172f78793de4#fact-drill-facts-31)

London-Victoria · gold

#### Identity

- Hole ID: ALRC019
- Project: London-Victoria
- Commodity: gold
- Region: australia\_nsw
- Reported Region: australia\_nsw
- Ticker: ADD

#### Geometry

- Grade: 2.62
- Grade Unit: g/t
- Intercept: 11 m
- From: 137 m
- To: 148 m
- Hole Depth: 210 m
- Intercept Depth: 137 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: ALRC019:137-148
- Mining Method: open\_pit

#### Location

- Location: Main Zone
- Easting: 604956
- Northing: 6329124
- CRS: GDA94
- Elevation: 320.3 m
- Azimuth: 276 °
- Dip: -50 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: No
- QA/QC Methods: standards, blanks, duplicates, check\_assays

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t
- Dilution Disclosed: Yes
- Max Dilution: 3 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This high-grade sub-interval further validates geological controls and demonstrates continuity beneath the pit, providing strong confidence for resource expansion.

- Positive factor: High-grade sub-interval

- Positive factor: Validates interpreted geological controls

- Positive factor: Demonstrates continuity beneath the pit

Evidence · text

> 11m at 2.62g/t Au in ALRC019

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### ALRC020

[Link to this fact](https://atlas-staging.minestarters.com/news/add-from-zero-to-383koz-gold-in-20-months--b400ced8-fb84-476d-ac2c-172f78793de4#fact-drill-facts-32)

London-Victoria · gold

#### Identity

- Hole ID: ALRC020
- Project: London-Victoria
- Commodity: gold
- Region: australia\_nsw
- Reported Region: australia\_nsw
- Ticker: ADD

#### Geometry

- Grade: 1.64
- Grade Unit: g/t
- Intercept: 23 m
- From: 142 m
- To: 165 m
- Hole Depth: 210 m
- Intercept Depth: 142 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: ALRC020:142-165
- Mining Method: open\_pit

#### Location

- Location: Main Zone
- Easting: 604955
- Northing: 6329107
- CRS: GDA94
- Elevation: 319.8 m
- Azimuth: 271 °
- Dip: -50 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: No
- QA/QC Methods: standards, blanks, duplicates, check\_assays

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t
- Dilution Disclosed: Yes
- Max Dilution: 3 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This intercept validates geological controls and demonstrates continuity beneath the pit, providing confidence for resource expansion.

- Positive factor: Validates interpreted geological controls

- Positive factor: Demonstrates continuity beneath the pit

- Positive factor: Good grade for open pit mining

Evidence · text

> 23m at 1.64g/t Au from 142m, including 4m at 3.46g/t Au in ALRC020

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### ALRC020

[Link to this fact](https://atlas-staging.minestarters.com/news/add-from-zero-to-383koz-gold-in-20-months--b400ced8-fb84-476d-ac2c-172f78793de4#fact-drill-facts-33)

London-Victoria · gold

#### Identity

- Hole ID: ALRC020
- Project: London-Victoria
- Commodity: gold
- Region: australia\_nsw
- Reported Region: australia\_nsw
- Ticker: ADD

#### Geometry

- Grade: 3.46
- Grade Unit: g/t
- Intercept: 4 m
- From: 142 m
- To: 146 m
- Hole Depth: 210 m
- Intercept Depth: 142 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: ALRC020:142-146
- Mining Method: open\_pit

#### Location

- Location: Main Zone
- Easting: 604955
- Northing: 6329107
- CRS: GDA94
- Elevation: 319.8 m
- Azimuth: 271 °
- Dip: -50 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: No
- QA/QC Methods: standards, blanks, duplicates, check\_assays

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t
- Dilution Disclosed: Yes
- Max Dilution: 3 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This high-grade sub-interval further validates geological controls and demonstrates continuity beneath the pit, providing strong confidence for resource expansion.

- Positive factor: High-grade sub-interval

- Positive factor: Validates interpreted geological controls

- Positive factor: Demonstrates continuity beneath the pit

Evidence · text

> 4m at 3.46g/t Au in ALRC020

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### ALRC021

[Link to this fact](https://atlas-staging.minestarters.com/news/add-from-zero-to-383koz-gold-in-20-months--b400ced8-fb84-476d-ac2c-172f78793de4#fact-drill-facts-34)

London-Victoria · gold

#### Identity

- Hole ID: ALRC021
- Project: London-Victoria
- Commodity: gold
- Region: australia\_nsw
- Reported Region: australia\_nsw
- Ticker: ADD

#### Geometry

- Grade: 1.4
- Grade Unit: g/t
- Intercept: 21 m
- From: 162 m
- To: 183 m
- Hole Depth: 231 m
- Intercept Depth: 162 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: ALRC021:162-183
- Mining Method: open\_pit

#### Location

- Location: Main Zone
- Easting: 604955
- Northing: 6329105
- CRS: GDA94
- Elevation: 319.9 m
- Azimuth: 266 °
- Dip: -51 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: No
- QA/QC Methods: standards, blanks, duplicates, check\_assays

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t
- Dilution Disclosed: Yes
- Max Dilution: 3 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This intercept validates geological controls and demonstrates continuity beneath the pit, providing confidence for resource expansion.

- Positive factor: Validates interpreted geological controls

- Positive factor: Demonstrates continuity beneath the pit

- Positive factor: Good grade for open pit mining

Evidence · text

> 21m at 1.40g/t Au from 162m in ALRC021

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### ALRC023

[Link to this fact](https://atlas-staging.minestarters.com/news/add-from-zero-to-383koz-gold-in-20-months--b400ced8-fb84-476d-ac2c-172f78793de4#fact-drill-facts-35)

London-Victoria · gold

#### Identity

- Hole ID: ALRC023
- Project: London-Victoria
- Commodity: gold
- Region: australia\_nsw
- Reported Region: australia\_nsw
- Ticker: ADD

#### Geometry

- Grade: 1.26
- Grade Unit: g/t
- Intercept: 20 m
- From: 102 m
- To: 122 m
- Hole Depth: 231 m
- Intercept Depth: 102 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: ALRC023:102-122
- Mining Method: open\_pit

#### Location

- Location: Main Zone
- Easting: 604974
- Northing: 6329216
- CRS: GDA94
- Elevation: 322.8 m
- Azimuth: 284 °
- Dip: -60 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: No
- QA/QC Methods: standards, blanks, duplicates, check\_assays

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t
- Dilution Disclosed: Yes
- Max Dilution: 3 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This intercept validates geological controls and demonstrates continuity beneath the pit, providing confidence for resource expansion.

- Positive factor: Validates interpreted geological controls

- Positive factor: Demonstrates continuity beneath the pit

- Positive factor: Good grade for open pit mining

Evidence · text

> 20m at 1.26g/t Au from 102m in ALRC023

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### ALRC028

[Link to this fact](https://atlas-staging.minestarters.com/news/add-from-zero-to-383koz-gold-in-20-months--b400ced8-fb84-476d-ac2c-172f78793de4#fact-drill-facts-36)

London-Victoria · gold

#### Identity

- Hole ID: ALRC028
- Project: London-Victoria
- Commodity: gold
- Region: australia\_nsw
- Reported Region: australia\_nsw
- Ticker: ADD

#### Geometry

- Grade: 2.96
- Grade Unit: g/t
- Intercept: 6 m
- From: 219 m
- To: 225 m
- Hole Depth: 231 m
- Intercept Depth: 219 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: ALRC028:219-225
- Mining Method: open\_pit

#### Location

- Location: Main Zone
- Easting: 605302
- Northing: 6329988
- CRS: GDA94
- Elevation: 331 m
- Azimuth: 280 °
- Dip: -60 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: No
- QA/QC Methods: standards, blanks, duplicates, check\_assays

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t
- Dilution Disclosed: Yes
- Max Dilution: 3 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This intercept confirms continuity of the mineralised system, contributing to the resource update.

- Positive factor: Confirms continuity of the broader mineralised system

- Positive factor: Good grade for open pit mining

Evidence · text

> 6m at 2.96g/t Au from 219m in ALRC028

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### ALRC031

[Link to this fact](https://atlas-staging.minestarters.com/news/add-from-zero-to-383koz-gold-in-20-months--b400ced8-fb84-476d-ac2c-172f78793de4#fact-drill-facts-37)

London-Victoria · gold

#### Identity

- Hole ID: ALRC031
- Project: London-Victoria
- Commodity: gold
- Region: australia\_nsw
- Reported Region: australia\_nsw
- Ticker: ADD

#### Geometry

- Grade: 2.11
- Grade Unit: g/t
- Intercept: 10 m
- From: 180 m
- To: 190 m
- Hole Depth: 213 m
- Intercept Depth: 180 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: ALRC031:180-190
- Mining Method: open\_pit

#### Location

- Location: Main Zone
- Easting: 605274
- Northing: 6329878
- CRS: GDA94
- Elevation: 330.6 m
- Azimuth: 281 °
- Dip: -50 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: No
- QA/QC Methods: standards, blanks, duplicates, check\_assays

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t
- Dilution Disclosed: Yes
- Max Dilution: 3 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This intercept confirms continuity of the mineralised system, contributing to the resource update.

- Positive factor: Confirms continuity of the broader mineralised system

- Positive factor: Good grade for open pit mining

Evidence · text

> 10m at 2.11g/t Au from 180m in ALRC031

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### ALRC034

[Link to this fact](https://atlas-staging.minestarters.com/news/add-from-zero-to-383koz-gold-in-20-months--b400ced8-fb84-476d-ac2c-172f78793de4#fact-drill-facts-38)

London-Victoria · gold

#### Identity

- Hole ID: ALRC034
- Project: London-Victoria
- Commodity: gold
- Region: australia\_nsw
- Reported Region: australia\_nsw
- Ticker: ADD

#### Geometry

- Grade: 0.75
- Grade Unit: g/t
- Intercept: 54 m
- From: 124 m
- To: 178 m
- Hole Depth: 231 m
- Intercept Depth: 124 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: ALRC034:124-178
- Mining Method: open\_pit

#### Location

- Location: Main Zone
- Easting: 604977
- Northing: 6329215
- CRS: GDA94
- Elevation: 322.7 m
- Azimuth: 280 °
- Dip: -70 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: No
- QA/QC Methods: standards, blanks, duplicates, check\_assays

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t
- Dilution Disclosed: Yes
- Max Dilution: 3 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This broad intercept confirms continuity of the mineralised system, contributing to the resource update.

- Positive factor: Broad mineralised zone

- Positive factor: Confirms continuity of the broader mineralised system

- Positive factor: Good grade for open pit mining

Evidence · text

> 54m at 0.75g/t Au from 124m in ALRC034

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### ALRC056

[Link to this fact](https://atlas-staging.minestarters.com/news/add-from-zero-to-383koz-gold-in-20-months--b400ced8-fb84-476d-ac2c-172f78793de4#fact-drill-facts-39)

London-Victoria · gold

#### Identity

- Hole ID: ALRC056
- Project: London-Victoria
- Commodity: gold
- Region: australia\_nsw
- Reported Region: australia\_nsw
- Ticker: ADD

#### Geometry

- Grade: 0.68
- Grade Unit: g/t
- Intercept: 47 m
- From: 121 m
- To: 168 m
- Hole Depth: 210 m
- Intercept Depth: 121 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: ALRC056:121-168
- Mining Method: open\_pit

#### Location

- Location: Main Zone
- Easting: 605079
- Northing: 6329348
- CRS: GDA94
- Elevation: 327.8 m
- Azimuth: 276 °
- Dip: -55 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: No
- QA/QC Methods: standards, blanks, duplicates, check\_assays

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t
- Dilution Disclosed: Yes
- Max Dilution: 3 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This broad intercept confirms continuity of the mineralised system, contributing to the resource update.

- Positive factor: Broad mineralised zone

- Positive factor: Confirms continuity of the broader mineralised system

- Positive factor: Good grade for open pit mining

Evidence · text

> 47m at 0.68g/t Au from 121m in ALRC056

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### ALRC058

[Link to this fact](https://atlas-staging.minestarters.com/news/add-from-zero-to-383koz-gold-in-20-months--b400ced8-fb84-476d-ac2c-172f78793de4#fact-drill-facts-40)

London-Victoria · gold

#### Identity

- Hole ID: ALRC058
- Project: London-Victoria
- Commodity: gold
- Region: australia\_nsw
- Reported Region: australia\_nsw
- Ticker: ADD

#### Geometry

- Grade: 3.22
- Grade Unit: g/t
- Intercept: 6 m
- From: 35 m
- To: 41 m
- Hole Depth: 204 m
- Intercept Depth: 35 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: ALRC058:35-41
- Mining Method: open\_pit

#### Location

- Location: Main Zone
- Easting: 605048
- Northing: 6329304
- CRS: GDA94
- Elevation: 326 m
- Azimuth: 276 °
- Dip: -50 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: No
- QA/QC Methods: standards, blanks, duplicates, check\_assays

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t
- Dilution Disclosed: Yes
- Max Dilution: 3 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This high-grade intercept confirms continuity of the mineralised system, contributing to the resource update.

- Positive factor: High-grade intercept

- Positive factor: Confirms continuity of the broader mineralised system

Evidence · text

> 6m at 3.22g/t Au from 35m, including 1m at 10.3g/t Au in ALRC058

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### ALRC058

[Link to this fact](https://atlas-staging.minestarters.com/news/add-from-zero-to-383koz-gold-in-20-months--b400ced8-fb84-476d-ac2c-172f78793de4#fact-drill-facts-41)

London-Victoria · gold

#### Identity

- Hole ID: ALRC058
- Project: London-Victoria
- Commodity: gold
- Region: australia\_nsw
- Reported Region: australia\_nsw
- Ticker: ADD

#### Geometry

- Grade: 10.3
- Grade Unit: g/t
- Intercept: 1 m
- From: 35 m
- To: 36 m
- Hole Depth: 204 m
- Intercept Depth: 35 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: ALRC058:35-36
- Mining Method: open\_pit

#### Location

- Location: Main Zone
- Easting: 605048
- Northing: 6329304
- CRS: GDA94
- Elevation: 326 m
- Azimuth: 276 °
- Dip: -50 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: No
- QA/QC Methods: standards, blanks, duplicates, check\_assays

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t
- Dilution Disclosed: Yes
- Max Dilution: 3 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This bonanza grade sub-interval is highly material and confirms very high-grade mineralisation, significantly contributing to the resource update.

- Positive factor: Bonanza Intercept

- Positive factor: Exceptional grade for open pit mining

Evidence · text

> 1m at 10.3g/t Au in ALRC058

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### ALRC059

[Link to this fact](https://atlas-staging.minestarters.com/news/add-from-zero-to-383koz-gold-in-20-months--b400ced8-fb84-476d-ac2c-172f78793de4#fact-drill-facts-42)

London-Victoria · gold

#### Identity

- Hole ID: ALRC059
- Project: London-Victoria
- Commodity: gold
- Region: australia\_nsw
- Reported Region: australia\_nsw
- Ticker: ADD

#### Geometry

- Grade: 1.36
- Grade Unit: g/t
- Intercept: 19 m
- From: 149 m
- To: 168 m
- Hole Depth: 234 m
- Intercept Depth: 149 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: ALRC059:149-168
- Mining Method: open\_pit

#### Location

- Location: Main Zone
- Easting: 605049
- Northing: 6329304
- CRS: GDA94
- Elevation: 326.1 m
- Azimuth: 276 °
- Dip: -60 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: No
- QA/QC Methods: standards, blanks, duplicates, check\_assays

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t
- Dilution Disclosed: Yes
- Max Dilution: 3 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This intercept confirms continuity of the mineralised system, contributing to the resource update.

- Positive factor: Confirms continuity of the broader mineralised system

- Positive factor: Good grade for open pit mining

Evidence · text

> 19m at 1.36g/t Au from 149m in ALRC059

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### ALRC045

[Link to this fact](https://atlas-staging.minestarters.com/news/add-from-zero-to-383koz-gold-in-20-months--b400ced8-fb84-476d-ac2c-172f78793de4#fact-drill-facts-43)

London-Victoria · gold

#### Identity

- Hole ID: ALRC045
- Project: London-Victoria
- Commodity: gold
- Region: australia\_nsw
- Reported Region: australia\_nsw
- Ticker: ADD

#### Geometry

- Grade: 1.1
- Grade Unit: g/t
- Intercept: 23 m
- From: 136 m
- To: 159 m
- Hole Depth: 204 m
- Intercept Depth: 136 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: ALRC045:136-159
- Mining Method: open\_pit

#### Location

- Location: Main Zone
- Easting: 605157
- Northing: 6329600
- CRS: GDA94
- Elevation: 334.7 m
- Azimuth: 278 °
- Dip: -50 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: No
- QA/QC Methods: standards, blanks, duplicates, check\_assays

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t
- Dilution Disclosed: Yes
- Max Dilution: 3 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This intercept confirms continuity of the mineralised system, contributing to the resource update.

- Positive factor: Confirms continuity of the broader mineralised system

- Positive factor: Good grade for open pit mining

Evidence · text

> 23m at 1.10g/t Au from 136m, including 7m at 2.42g/t Au in ALRC045

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### ALRC045

[Link to this fact](https://atlas-staging.minestarters.com/news/add-from-zero-to-383koz-gold-in-20-months--b400ced8-fb84-476d-ac2c-172f78793de4#fact-drill-facts-44)

London-Victoria · gold

#### Identity

- Hole ID: ALRC045
- Project: London-Victoria
- Commodity: gold
- Region: australia\_nsw
- Reported Region: australia\_nsw
- Ticker: ADD

#### Geometry

- Grade: 2.42
- Grade Unit: g/t
- Intercept: 7 m
- From: 136 m
- To: 143 m
- Hole Depth: 204 m
- Intercept Depth: 136 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: ALRC045:136-143
- Mining Method: open\_pit

#### Location

- Location: Main Zone
- Easting: 605157
- Northing: 6329600
- CRS: GDA94
- Elevation: 334.7 m
- Azimuth: 278 °
- Dip: -50 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: No
- QA/QC Methods: standards, blanks, duplicates, check\_assays

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t
- Dilution Disclosed: Yes
- Max Dilution: 3 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This high-grade sub-interval confirms continuity of the mineralised system, contributing to the resource update.

- Positive factor: High-grade sub-interval

- Positive factor: Confirms continuity of the broader mineralised system

Evidence · text

> 7m at 2.42g/t Au in ALRC045

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### ALRC070

[Link to this fact](https://atlas-staging.minestarters.com/news/add-from-zero-to-383koz-gold-in-20-months--b400ced8-fb84-476d-ac2c-172f78793de4#fact-drill-facts-45)

London-Victoria · gold

#### Identity

- Hole ID: ALRC070
- Project: London-Victoria
- Commodity: gold
- Region: australia\_nsw
- Reported Region: australia\_nsw
- Ticker: ADD

#### Geometry

- Grade: 1.29
- Grade Unit: g/t
- Intercept: 31 m
- From: 133 m
- To: 164 m
- Hole Depth: 204 m
- Intercept Depth: 133 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: ALRC070:133-164
- Mining Method: open\_pit

#### Location

- Location: Main Zone
- Easting: 605084
- Northing: 6329436
- CRS: GDA94
- Elevation: 330.5 m
- Azimuth: 277 °
- Dip: -55 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: No
- QA/QC Methods: standards, blanks, duplicates, check\_assays

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t
- Dilution Disclosed: Yes
- Max Dilution: 3 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This broad intercept confirms continuity of the mineralised system, contributing to the resource update.

- Positive factor: Broad mineralised zone

- Positive factor: Confirms continuity of the broader mineralised system

- Positive factor: Good grade for open pit mining

Evidence · text

> 31m at 1.29g/t Au from 133m in ALRC070

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### ALRC073

[Link to this fact](https://atlas-staging.minestarters.com/news/add-from-zero-to-383koz-gold-in-20-months--b400ced8-fb84-476d-ac2c-172f78793de4#fact-drill-facts-46)

London-Victoria · gold

#### Identity

- Hole ID: ALRC073
- Project: London-Victoria
- Commodity: gold
- Region: australia\_nsw
- Reported Region: australia\_nsw
- Ticker: ADD

#### Geometry

- Grade: 0.87
- Grade Unit: g/t
- Intercept: 38 m
- From: 138 m
- To: 176 m
- Hole Depth: 234 m
- Intercept Depth: 138 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: ALRC073:138-176
- Mining Method: open\_pit

#### Location

- Location: Main Zone
- Easting: 605090
- Northing: 6329388
- CRS: GDA94
- Elevation: 328.5 m
- Azimuth: 277 °
- Dip: -64 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: No
- QA/QC Methods: standards, blanks, duplicates, check\_assays

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t
- Dilution Disclosed: Yes
- Max Dilution: 3 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This broad intercept confirms continuity of the mineralised system, contributing to the resource update.

- Positive factor: Broad mineralised zone

- Positive factor: Confirms continuity of the broader mineralised system

- Positive factor: Good grade for open pit mining

Evidence · text

> 38m at 0.87g/t Au from 138m, including 7m at 2.16g/t Au in ALRC073

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### ALRC073

[Link to this fact](https://atlas-staging.minestarters.com/news/add-from-zero-to-383koz-gold-in-20-months--b400ced8-fb84-476d-ac2c-172f78793de4#fact-drill-facts-47)

London-Victoria · gold

#### Identity

- Hole ID: ALRC073
- Project: London-Victoria
- Commodity: gold
- Region: australia\_nsw
- Reported Region: australia\_nsw
- Ticker: ADD

#### Geometry

- Grade: 2.16
- Grade Unit: g/t
- Intercept: 7 m
- From: 138 m
- To: 145 m
- Hole Depth: 234 m
- Intercept Depth: 138 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: ALRC073:138-145
- Mining Method: open\_pit

#### Location

- Location: Main Zone
- Easting: 605090
- Northing: 6329388
- CRS: GDA94
- Elevation: 328.5 m
- Azimuth: 277 °
- Dip: -64 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: No
- QA/QC Methods: standards, blanks, duplicates, check\_assays

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t
- Dilution Disclosed: Yes
- Max Dilution: 3 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This high-grade sub-interval confirms continuity of the mineralised system, contributing to the resource update.

- Positive factor: High-grade sub-interval

- Positive factor: Confirms continuity of the broader mineralised system

Evidence · text

> 7m at 2.16g/t Au in ALRC073

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### ALRC075

[Link to this fact](https://atlas-staging.minestarters.com/news/add-from-zero-to-383koz-gold-in-20-months--b400ced8-fb84-476d-ac2c-172f78793de4#fact-drill-facts-48)

London-Victoria · gold

#### Identity

- Hole ID: ALRC075
- Project: London-Victoria
- Commodity: gold
- Region: australia\_nsw
- Reported Region: australia\_nsw
- Ticker: ADD

#### Geometry

- Grade: 0.96
- Grade Unit: g/t
- Intercept: 38 m
- From: 142 m
- To: 180 m
- Hole Depth: 234 m
- Intercept Depth: 142 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: ALRC075:142-180
- Mining Method: open\_pit

#### Location

- Location: Main Zone
- Easting: 605000
- Northing: 6329243
- CRS: GDA94
- Elevation: 324 m
- Azimuth: 278 °
- Dip: -64 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: No
- QA/QC Methods: standards, blanks, duplicates, check\_assays

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t
- Dilution Disclosed: Yes
- Max Dilution: 3 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This broad intercept confirms continuity of the mineralised system, contributing to the resource update.

- Positive factor: Broad mineralised zone

- Positive factor: Confirms continuity of the broader mineralised system

- Positive factor: Good grade for open pit mining

Evidence · text

> 38m at 0.96g/t Au from 142m in ALRC075

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### ALRC076

[Link to this fact](https://atlas-staging.minestarters.com/news/add-from-zero-to-383koz-gold-in-20-months--b400ced8-fb84-476d-ac2c-172f78793de4#fact-drill-facts-49)

London-Victoria · gold

#### Identity

- Hole ID: ALRC076
- Project: London-Victoria
- Commodity: gold
- Region: australia\_nsw
- Reported Region: australia\_nsw
- Ticker: ADD

#### Geometry

- Grade: 4
- Grade Unit: g/t
- Intercept: 19 m
- From: 148 m
- To: 167 m
- Hole Depth: 204 m
- Intercept Depth: 148 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: ALRC076:148-167
- Mining Method: open\_pit

#### Location

- Location: Main Zone
- Easting: 605035
- Northing: 6329286
- CRS: GDA94
- Elevation: 325.5 m
- Azimuth: 280 °
- Dip: -55 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: No
- QA/QC Methods: standards, blanks, duplicates, check\_assays

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t
- Dilution Disclosed: Yes
- Max Dilution: 3 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This high-grade intercept confirms continuity of the mineralised system and matches the prior best grade x metres, significantly contributing to the resource update.

- Positive factor: High-grade intercept

- Positive factor: Confirms continuity of the broader mineralised system

- Positive factor: Matches prior best grade x metres

Evidence · text

> 19m at 4.00g/t Au from 148m, including 4m at 15.02g/t Au and 1m at 52.6g/t Au in ALRC076

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### ALRC076

[Link to this fact](https://atlas-staging.minestarters.com/news/add-from-zero-to-383koz-gold-in-20-months--b400ced8-fb84-476d-ac2c-172f78793de4#fact-drill-facts-50)

London-Victoria · gold

#### Identity

- Hole ID: ALRC076
- Project: London-Victoria
- Commodity: gold
- Region: australia\_nsw
- Reported Region: australia\_nsw
- Ticker: ADD

#### Geometry

- Grade: 52.6
- Grade Unit: g/t
- Intercept: 1 m
- From: 148 m
- To: 149 m
- Hole Depth: 204 m
- Intercept Depth: 148 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: ALRC076:148-149
- Mining Method: open\_pit

#### Location

- Location: Main Zone
- Easting: 605035
- Northing: 6329286
- CRS: GDA94
- Elevation: 325.5 m
- Azimuth: 280 °
- Dip: -55 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: No
- QA/QC Methods: standards, blanks, duplicates, check\_assays

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t
- Dilution Disclosed: Yes
- Max Dilution: 3 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This bonanza grade sub-interval is highly material, exceeds the prior best grade, and confirms very high-grade mineralisation, significantly contributing to the resource update.

- Positive factor: Bonanza Intercept

- Positive factor: Exceptional grade for open pit mining

- Positive factor: Exceeds prior best grade

Evidence · text

> 1m at 52.6g/t Au in ALRC076

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### ALRC080

[Link to this fact](https://atlas-staging.minestarters.com/news/add-from-zero-to-383koz-gold-in-20-months--b400ced8-fb84-476d-ac2c-172f78793de4#fact-drill-facts-51)

London-Victoria · gold

#### Identity

- Hole ID: ALRC080
- Project: London-Victoria
- Commodity: gold
- Region: australia\_nsw
- Reported Region: australia\_nsw
- Ticker: ADD

#### Geometry

- Grade: 1.01
- Grade Unit: g/t
- Intercept: 39 m
- From: 140 m
- To: 179 m
- Hole Depth: 360 m
- Intercept Depth: 140 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: ALRC080:140-179
- Mining Method: open\_pit

#### Location

- Location: Main Zone
- Easting: 604643
- Northing: 6328978
- CRS: GDA94
- Elevation: 317 m
- Azimuth: 101 °
- Dip: -48 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: No
- QA/QC Methods: standards, blanks, duplicates, check\_assays

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t
- Dilution Disclosed: Yes
- Max Dilution: 3 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This broad intercept confirms continuity of the mineralised system, contributing to the resource update.

- Positive factor: Broad mineralised zone

- Positive factor: Confirms continuity of the broader mineralised system

- Positive factor: Good grade for open pit mining

Evidence · text

> 39m at 1.01g/t Au from 140m and a separate 7m at 5.97g/t Au from 202m in ALRC080

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### ALRC080

[Link to this fact](https://atlas-staging.minestarters.com/news/add-from-zero-to-383koz-gold-in-20-months--b400ced8-fb84-476d-ac2c-172f78793de4#fact-drill-facts-52)

London-Victoria · gold

#### Identity

- Hole ID: ALRC080
- Project: London-Victoria
- Commodity: gold
- Region: australia\_nsw
- Reported Region: australia\_nsw
- Ticker: ADD

#### Geometry

- Grade: 5.97
- Grade Unit: g/t
- Intercept: 7 m
- From: 202 m
- To: 209 m
- Hole Depth: 360 m
- Intercept Depth: 202 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: ALRC080:202-209
- Mining Method: open\_pit

#### Location

- Location: Main Zone
- Easting: 604643
- Northing: 6328978
- CRS: GDA94
- Elevation: 317 m
- Azimuth: 101 °
- Dip: -48 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: No
- QA/QC Methods: standards, blanks, duplicates, check\_assays

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t
- Dilution Disclosed: Yes
- Max Dilution: 3 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This high-grade intercept confirms continuity of the mineralised system, contributing to the resource update.

- Positive factor: High-grade intercept

- Positive factor: Confirms continuity of the broader mineralised system

Evidence · text

> 7m at 5.97g/t Au from 202m in ALRC080

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### ALD003

[Link to this fact](https://atlas-staging.minestarters.com/news/add-from-zero-to-383koz-gold-in-20-months--b400ced8-fb84-476d-ac2c-172f78793de4#fact-drill-facts-53)

London-Victoria · gold

#### Identity

- Hole ID: ALD003
- Project: London-Victoria
- Commodity: gold
- Region: australia\_nsw
- Reported Region: australia\_nsw
- Ticker: ADD

#### Geometry

- Grade: 2.25
- Grade Unit: g/t
- Intercept: 20.95 m
- From: 278 m
- To: 298.95 m
- Hole Depth: 351 m
- Intercept Depth: 278 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: ALD003:278-298.95
- Mining Method: open\_pit

#### Location

- Location: Main Zone
- Easting: 604968
- Northing: 6329115
- CRS: GDA94
- Elevation: 321 m
- Azimuth: 234 °
- Dip: -51 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: No
- QA/QC Methods: standards, blanks, duplicates, check\_assays

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t
- Dilution Disclosed: Yes
- Max Dilution: 3 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This intercept confirms continuity of the mineralised system, contributing to the resource update.

- Positive factor: Confirms continuity of the broader mineralised system

- Positive factor: Good grade for open pit mining

Evidence · text

> 20.95m at 2.25g/t Au from 278m, including 10m at 3.69g/t Au in ALD003

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### ALD003

[Link to this fact](https://atlas-staging.minestarters.com/news/add-from-zero-to-383koz-gold-in-20-months--b400ced8-fb84-476d-ac2c-172f78793de4#fact-drill-facts-54)

London-Victoria · gold

#### Identity

- Hole ID: ALD003
- Project: London-Victoria
- Commodity: gold
- Region: australia\_nsw
- Reported Region: australia\_nsw
- Ticker: ADD

#### Geometry

- Grade: 3.69
- Grade Unit: g/t
- Intercept: 10 m
- From: 278 m
- To: 288 m
- Hole Depth: 351 m
- Intercept Depth: 278 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: ALD003:278-288
- Mining Method: open\_pit

#### Location

- Location: Main Zone
- Easting: 604968
- Northing: 6329115
- CRS: GDA94
- Elevation: 321 m
- Azimuth: 234 °
- Dip: -51 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: No
- QA/QC Methods: standards, blanks, duplicates, check\_assays

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t
- Dilution Disclosed: Yes
- Max Dilution: 3 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This high-grade sub-interval confirms continuity of the mineralised system, contributing to the resource update.

- Positive factor: High-grade sub-interval

- Positive factor: Confirms continuity of the broader mineralised system

Evidence · text

> 10m at 3.69g/t Au in ALD003

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

## Resource Estimates (22)

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/add-from-zero-to-383koz-gold-in-20-months--b400ced8-fb84-476d-ac2c-172f78793de4#fact-resource-facts-0)

Parkes Gold Project · gold

#### Identity

- Project: Parkes Gold Project
- Commodity: gold
- Ticker: ADD

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-01T00:00:00.000Z
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mark Berry
- Resource group id: resource:1f9d63ceb7a0a3a46621
- Deposit or zone: London-Victoria
- Material type: oxide

#### Resource Data

- Category: indicated
- Tonnes: 1560000
- Grade: 0.59
- Grade Unit: g/t
- Contained Metal: 29500
- Contained Unit: oz
- Cutoff Grade: 0.2
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-09-01
- Prior Tonnes: 3800000
- Prior Grade: 0.95
- Prior Contained Metal: 115000

#### Lab

- Laboratory: On Site Laboratory Services \(OSLS\)

#### Location

- CRS: GDA94
- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This Indicated Oxide resource at London-Victoria contributes to the overall significant resource growth and is part of the first update incorporating modern drilling, enhancing confidence.

- Positive factor: Part of a significant resource increase

- Positive factor: Indicated category provides higher confidence

- Positive factor: First resource update incorporating modern drilling

Evidence · table

> 0.59

Context: 1.56

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Tonnage Decline**

Polarity: negative

Definition: Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.

Why it applies: 1560000 against 3800000 previously

**Grade Decline**

Polarity: negative

Definition: Average grade dropped &gt;5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: 0.59 against 0.95 previously

**Contained Metal Decline**

Polarity: negative

Definition: Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.

Why it applies: 29500 against 115000 previously

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/add-from-zero-to-383koz-gold-in-20-months--b400ced8-fb84-476d-ac2c-172f78793de4#fact-resource-facts-1)

Parkes Gold Project · gold

#### Identity

- Project: Parkes Gold Project
- Commodity: gold
- Ticker: ADD

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-01T00:00:00.000Z
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mark Berry
- Resource group id: resource:dadb5237820b292015ad
- Deposit or zone: London-Victoria
- Material type: oxide

#### Resource Data

- Category: inferred
- Tonnes: 690000
- Grade: 0.86
- Grade Unit: g/t
- Contained Metal: 19300
- Contained Unit: oz
- Cutoff Grade: 0.2
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-09-01
- Prior Tonnes: 3800000
- Prior Grade: 0.95
- Prior Contained Metal: 115000

#### Lab

- Laboratory: On Site Laboratory Services \(OSLS\)

#### Location

- CRS: GDA94
- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This Inferred Oxide resource at London-Victoria contributes to the overall significant resource growth and is part of the first update incorporating modern drilling, enhancing confidence.

- Positive factor: Part of a significant resource increase

- Positive factor: First resource update incorporating modern drilling

Evidence · table

> 0.86

Context: 0.69

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Tonnage Decline**

Polarity: negative

Definition: Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.

Why it applies: 690000 against 3800000 previously

**Grade Decline**

Polarity: negative

Definition: Average grade dropped &gt;5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: 0.86 against 0.95 previously

**Contained Metal Decline**

Polarity: negative

Definition: Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.

Why it applies: 19300 against 115000 previously

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/add-from-zero-to-383koz-gold-in-20-months--b400ced8-fb84-476d-ac2c-172f78793de4#fact-resource-facts-2)

Parkes Gold Project · gold

#### Identity

- Project: Parkes Gold Project
- Commodity: gold
- Ticker: ADD

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-01T00:00:00.000Z
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mark Berry
- Resource group id: resource:fe8ab8a7f067bafe55ef
- Deposit or zone: London-Victoria
- Material type: sulphide

#### Resource Data

- Category: indicated
- Tonnes: 4130000
- Grade: 0.73
- Grade Unit: g/t
- Contained Metal: 96700
- Contained Unit: oz
- Cutoff Grade: 0.25
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-09-01
- Prior Tonnes: 3800000
- Prior Grade: 0.95
- Prior Contained Metal: 115000

#### Lab

- Laboratory: On Site Laboratory Services \(OSLS\)

#### Location

- CRS: GDA94
- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This Indicated Sulphide resource at London-Victoria significantly contributes to the overall resource growth and is part of the first update incorporating modern drilling, enhancing confidence.

- Positive factor: Part of a significant resource increase

- Positive factor: Indicated category provides higher confidence

- Positive factor: First resource update incorporating modern drilling

Evidence · table

> 0.73

Context: 4.13

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Grade Decline**

Polarity: negative

Definition: Average grade dropped &gt;5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: 0.73 against 0.95 previously

**Contained Metal Decline**

Polarity: negative

Definition: Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.

Why it applies: 96700 against 115000 previously

**Dilutive Growth**

Polarity: negative

Definition: Tonnage increased but contained metal flat or down — likely from lower cut-off grade, not geological expansion.

Why it applies: tonnage rose while contained metal went 96700 from 115000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/add-from-zero-to-383koz-gold-in-20-months--b400ced8-fb84-476d-ac2c-172f78793de4#fact-resource-facts-3)

Parkes Gold Project · gold

#### Identity

- Project: Parkes Gold Project
- Commodity: gold
- Ticker: ADD

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-01T00:00:00.000Z
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mark Berry
- Resource group id: resource:fc05054af2fccd2c2c51
- Deposit or zone: London-Victoria
- Material type: sulphide

#### Resource Data

- Category: inferred
- Tonnes: 3360000
- Grade: 1.08
- Grade Unit: g/t
- Contained Metal: 117200
- Contained Unit: oz
- Cutoff Grade: 0.25
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-09-01
- Prior Tonnes: 3800000
- Prior Grade: 0.95
- Prior Contained Metal: 115000

#### Lab

- Laboratory: On Site Laboratory Services \(OSLS\)

#### Location

- CRS: GDA94
- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This Inferred Sulphide resource at London-Victoria contributes to the overall significant resource growth and is part of the first update incorporating modern drilling, enhancing confidence.

- Positive factor: Part of a significant resource increase

- Positive factor: Higher grade than oxide material

- Positive factor: First resource update incorporating modern drilling

Evidence · table

> 1.08

Context: 3.36

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Tonnage Decline**

Polarity: negative

Definition: Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.

Why it applies: 3360000 against 3800000 previously

**Grade Improvement**

Polarity: positive

Definition: Average resource grade improved vs prior estimate — better deposit economics.

Why it applies: 1.08 against 0.95 previously

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/add-from-zero-to-383koz-gold-in-20-months--b400ced8-fb84-476d-ac2c-172f78793de4#fact-resource-facts-4)

Parkes Gold Project · gold

#### Identity

- Project: Parkes Gold Project
- Commodity: gold
- Ticker: ADD

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-01T00:00:00.000Z
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mark Berry
- Resource group id: resource:05e8c01d34ae7b826346
- Deposit or zone: London-Victoria
- Material type: Various

#### Resource Data

- Category: indicated
- Tonnes: 5690000
- Grade: 0.69
- Grade Unit: g/t
- Contained Metal: 126200
- Contained Unit: oz
- Cutoff Grade: 0.2
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-09-01
- Prior Tonnes: 3800000
- Prior Grade: 0.95
- Prior Contained Metal: 115000

#### Lab

- Laboratory: On Site Laboratory Services \(OSLS\)

#### Location

- CRS: GDA94
- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The Indicated resource at London-Victoria represents a substantial portion of the total, providing a strong technical foundation for future development studies and reflecting the impact of modern drilling.

- Positive factor: Significant portion of the resource is Indicated

- Positive factor: Provides a stronger technical foundation for studies

- Positive factor: First resource update incorporating modern drilling

Evidence · table

> 0.69

Context: 5.69

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Tonnage Growth**

Polarity: positive

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

Why it applies: 5690000 against 3800000 previously

**Grade Decline**

Polarity: negative

Definition: Average grade dropped &gt;5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: 0.69 against 0.95 previously

**Contained Metal Growth**

Polarity: positive

Definition: True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.

Why it applies: 126200 against 115000 previously

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/add-from-zero-to-383koz-gold-in-20-months--b400ced8-fb84-476d-ac2c-172f78793de4#fact-resource-facts-5)

Parkes Gold Project · gold

#### Identity

- Project: Parkes Gold Project
- Commodity: gold
- Ticker: ADD

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-01T00:00:00.000Z
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mark Berry
- Resource group id: resource:7c57e4b78eb4c2f3ef78
- Deposit or zone: London-Victoria
- Material type: Various

#### Resource Data

- Category: inferred
- Tonnes: 4060000
- Grade: 1.05
- Grade Unit: g/t
- Contained Metal: 136500
- Contained Unit: oz
- Cutoff Grade: 0.2
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-09-01
- Prior Tonnes: 3800000
- Prior Grade: 0.95
- Prior Contained Metal: 115000

#### Lab

- Laboratory: On Site Laboratory Services \(OSLS\)

#### Location

- CRS: GDA94
- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The Inferred resource at London-Victoria contributes significantly to the total resource growth and is part of the first update incorporating modern drilling, enhancing confidence.

- Positive factor: Significant portion of the resource is Inferred

- Positive factor: Higher grade than Indicated material

- Positive factor: First resource update incorporating modern drilling

Evidence · table

> 1.05

Context: 4.06

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Grade Improvement**

Polarity: positive

Definition: Average resource grade improved vs prior estimate — better deposit economics.

Why it applies: 1.05 against 0.95 previously

**Contained Metal Growth**

Polarity: positive

Definition: True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.

Why it applies: 136500 against 115000 previously

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/add-from-zero-to-383koz-gold-in-20-months--b400ced8-fb84-476d-ac2c-172f78793de4#fact-resource-facts-6)

Parkes Gold Project · gold

#### Identity

- Project: Parkes Gold Project
- Commodity: gold
- Ticker: ADD

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-01T00:00:00.000Z
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mark Berry
- Resource group id: resource:cc2026be4c748a51fd9a
- Deposit or zone: London-Victoria
- Material type: Various

#### Resource Data

- Category: inferred
- Tonnes: 9740000
- Grade: 0.84
- Grade Unit: g/t
- Contained Metal: 262700
- Contained Unit: oz
- Cutoff Grade: 0.2
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-09-01
- Prior Tonnes: 3800000
- Prior Grade: 0.95
- Prior Contained Metal: 115000

#### Lab

- Laboratory: On Site Laboratory Services \(OSLS\)

#### Location

- CRS: GDA94
- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The London-Victoria resource has more than doubled, representing a 228% growth in contained gold, which is highly material and novel as it incorporates Adavale's modern drilling.

- Positive factor: London-Victoria resource more than doubled

- Positive factor: Significant contained gold increase \(228%\)

- Positive factor: First resource update incorporating modern drilling

Evidence · table

> 0.84

Context: 9.74

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Tonnage Growth**

Polarity: positive

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

Why it applies: 9740000 against 3800000 previously

**Grade Decline**

Polarity: negative

Definition: Average grade dropped &gt;5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: 0.84 against 0.95 previously

**Contained Metal Growth**

Polarity: positive

Definition: True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.

Why it applies: 262700 against 115000 previously

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/add-from-zero-to-383koz-gold-in-20-months--b400ced8-fb84-476d-ac2c-172f78793de4#fact-resource-facts-7)

Parkes Gold Project · gold

#### Identity

- Project: Parkes Gold Project
- Commodity: gold
- Ticker: ADD

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-01T00:00:00.000Z
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mark Berry
- Resource group id: resource:4805de38431eadcc0d53
- Deposit or zone: Victoria South
- Material type: oxide

#### Resource Data

- Category: inferred
- Tonnes: 670000
- Grade: 0.77
- Grade Unit: g/t
- Contained Metal: 16600
- Contained Unit: oz
- Cutoff Grade: 0.2
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-09-01

#### Lab

- Laboratory: On Site Laboratory Services \(OSLS\)

#### Location

- CRS: GDA94
- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Victoria South represents a new Inferred resource, contributing to the overall resource growth and expanding the project's footprint.

- Positive factor: New Inferred Mineral Resource

- Positive factor: Expands the resource base beyond the historic mine

Evidence · table

> 0.77

Context: 0.67

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/add-from-zero-to-383koz-gold-in-20-months--b400ced8-fb84-476d-ac2c-172f78793de4#fact-resource-facts-8)

Parkes Gold Project · gold

#### Identity

- Project: Parkes Gold Project
- Commodity: gold
- Ticker: ADD

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-01T00:00:00.000Z
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mark Berry
- Resource group id: resource:3effab991e2716a15fdb
- Deposit or zone: Victoria South
- Material type: sulphide

#### Resource Data

- Category: inferred
- Tonnes: 50000
- Grade: 0.88
- Grade Unit: g/t
- Contained Metal: 1400
- Contained Unit: oz
- Cutoff Grade: 0.25
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-09-01

#### Lab

- Laboratory: On Site Laboratory Services \(OSLS\)

#### Location

- CRS: GDA94
- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Victoria South represents a new Inferred resource, contributing to the overall resource growth and expanding the project's footprint.

- Positive factor: New Inferred Mineral Resource

- Positive factor: Expands the resource base beyond the historic mine

Evidence · table

> 0.88

Context: 0.05

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/add-from-zero-to-383koz-gold-in-20-months--b400ced8-fb84-476d-ac2c-172f78793de4#fact-resource-facts-9)

Parkes Gold Project · gold

#### Identity

- Project: Parkes Gold Project
- Commodity: gold
- Ticker: ADD

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-01T00:00:00.000Z
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mark Berry
- Resource group id: resource:64b8040d56771d945f3f
- Deposit or zone: Victoria South
- Material type: Various

#### Resource Data

- Category: inferred
- Tonnes: 720000
- Grade: 0.78
- Grade Unit: g/t
- Contained Metal: 18000
- Contained Unit: oz
- Cutoff Grade: 0.2
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-09-01

#### Lab

- Laboratory: On Site Laboratory Services \(OSLS\)

#### Location

- CRS: GDA94
- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Victoria South represents a new Inferred resource, contributing to the overall resource growth and expanding the project's footprint.

- Positive factor: New Inferred Mineral Resource

- Positive factor: Expands the resource base beyond the historic mine

Evidence · table

> 0.78

Context: 0.72

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/add-from-zero-to-383koz-gold-in-20-months--b400ced8-fb84-476d-ac2c-172f78793de4#fact-resource-facts-10)

Parkes Gold Project · gold

#### Identity

- Project: Parkes Gold Project
- Commodity: gold
- Ticker: ADD

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-01T00:00:00.000Z
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mark Berry
- Resource group id: resource:148c8880f9340a5915b5
- Deposit or zone: Armstrongs
- Material type: oxide

#### Resource Data

- Category: inferred
- Tonnes: 2120000
- Grade: 0.76
- Grade Unit: g/t
- Contained Metal: 51800
- Contained Unit: oz
- Cutoff Grade: 0.2
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-09-01

#### Lab

- Laboratory: On Site Laboratory Services \(OSLS\)

#### Location

- CRS: GDA94
- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Armstrongs represents a new Inferred resource, contributing to the overall resource growth and expanding the project's footprint, though with some uncertainty regarding bulk density.

- Positive factor: New Inferred Mineral Resource

- Positive factor: Expands the resource base beyond the historic mine

- Negative factor: Assumed bulk density not based on actual measurements

Evidence · table

> 0.76

Context: 2.12

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/add-from-zero-to-383koz-gold-in-20-months--b400ced8-fb84-476d-ac2c-172f78793de4#fact-resource-facts-11)

Parkes Gold Project · gold

#### Identity

- Project: Parkes Gold Project
- Commodity: gold
- Ticker: ADD

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-01T00:00:00.000Z
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mark Berry
- Resource group id: resource:86f15c79d696f4a82992
- Deposit or zone: London-Victoria and Satellite Deposits Combined
- Material type: oxide

#### Resource Data

- Category: indicated
- Tonnes: 1560000
- Grade: 0.59
- Grade Unit: g/t
- Contained Metal: 29500
- Contained Unit: oz
- Cutoff Grade: 0.2
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-09-01

#### Lab

- Laboratory: On Site Laboratory Services \(OSLS\)

#### Location

- CRS: GDA94
- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This Indicated Oxide resource contributes to the overall significant resource growth and is part of the first update incorporating modern drilling, enhancing confidence.

- Positive factor: Part of a significant resource increase

- Positive factor: Indicated category provides higher confidence

- Positive factor: First resource update incorporating modern drilling

Evidence · table

> 0.59

Context: 1.56

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/add-from-zero-to-383koz-gold-in-20-months--b400ced8-fb84-476d-ac2c-172f78793de4#fact-resource-facts-12)

Parkes Gold Project · gold

#### Identity

- Project: Parkes Gold Project
- Commodity: gold
- Ticker: ADD

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-01T00:00:00.000Z
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mark Berry
- Resource group id: resource:78b817cfcc0d94f47f46
- Deposit or zone: London-Victoria and Satellite Deposits Combined
- Material type: oxide

#### Resource Data

- Category: inferred
- Tonnes: 3480000
- Grade: 0.78
- Grade Unit: g/t
- Contained Metal: 87700
- Contained Unit: oz
- Cutoff Grade: 0.2
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-09-01

#### Lab

- Laboratory: On Site Laboratory Services \(OSLS\)

#### Location

- CRS: GDA94
- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This Inferred Oxide resource contributes to the overall significant resource growth and is part of the first update incorporating modern drilling, enhancing confidence.

- Positive factor: Part of a significant resource increase

- Positive factor: First resource update incorporating modern drilling

Evidence · table

> 0.78

Context: 3.48

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/add-from-zero-to-383koz-gold-in-20-months--b400ced8-fb84-476d-ac2c-172f78793de4#fact-resource-facts-13)

Parkes Gold Project · gold

#### Identity

- Project: Parkes Gold Project
- Commodity: gold
- Ticker: ADD

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-01T00:00:00.000Z
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mark Berry
- Resource group id: resource:489277fd3c22a0308fdd
- Deposit or zone: London-Victoria and Satellite Deposits Combined
- Material type: sulphide

#### Resource Data

- Category: indicated
- Tonnes: 4130000
- Grade: 0.73
- Grade Unit: g/t
- Contained Metal: 96700
- Contained Unit: oz
- Cutoff Grade: 0.25
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-09-01

#### Lab

- Laboratory: On Site Laboratory Services \(OSLS\)

#### Location

- CRS: GDA94
- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This Indicated Sulphide resource contributes to the overall significant resource growth and is part of the first update incorporating modern drilling, enhancing confidence.

- Positive factor: Part of a significant resource increase

- Positive factor: Indicated category provides higher confidence

- Positive factor: First resource update incorporating modern drilling

Evidence · table

> 0.73

Context: 4.13

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/add-from-zero-to-383koz-gold-in-20-months--b400ced8-fb84-476d-ac2c-172f78793de4#fact-resource-facts-14)

Parkes Gold Project · gold

#### Identity

- Project: Parkes Gold Project
- Commodity: gold
- Ticker: ADD

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-01T00:00:00.000Z
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mark Berry
- Resource group id: resource:ff8701a8ec6faf364fcf
- Deposit or zone: London-Victoria and Satellite Deposits Combined
- Material type: sulphide

#### Resource Data

- Category: inferred
- Tonnes: 3410000
- Grade: 1.08
- Grade Unit: g/t
- Contained Metal: 118600
- Contained Unit: oz
- Cutoff Grade: 0.25
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-09-01

#### Lab

- Laboratory: On Site Laboratory Services \(OSLS\)

#### Location

- CRS: GDA94
- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This Inferred Sulphide resource contributes to the overall significant resource growth and is part of the first update incorporating modern drilling, enhancing confidence.

- Positive factor: Part of a significant resource increase

- Positive factor: Higher grade than Indicated material

- Positive factor: First resource update incorporating modern drilling

Evidence · table

> 1.08

Context: 3.41

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/add-from-zero-to-383koz-gold-in-20-months--b400ced8-fb84-476d-ac2c-172f78793de4#fact-resource-facts-15)

Parkes Gold Project · gold

#### Identity

- Project: Parkes Gold Project
- Commodity: gold
- Ticker: ADD

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-01T00:00:00.000Z
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mark Berry
- Resource group id: resource:8476a9f61efa861fd838
- Deposit or zone: London-Victoria and Satellite Deposits Combined
- Material type: Various

#### Resource Data

- Category: inferred
- Tonnes: 12580000
- Grade: 0.82
- Grade Unit: g/t
- Contained Metal: 332500
- Contained Unit: oz
- Cutoff Grade: 0.2
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-09-01

#### Lab

- Laboratory: On Site Laboratory Services \(OSLS\)

#### Location

- CRS: GDA94
- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The combined resource for London-Victoria and satellite deposits shows significant growth, providing a strong foundation for future development studies and reflecting the impact of modern drilling.

- Positive factor: Significant combined resource increase

- Positive factor: Provides a strong foundation for future studies

- Positive factor: First resource update incorporating modern drilling

Evidence · table

> 0.82

Context: 12.58

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/add-from-zero-to-383koz-gold-in-20-months--b400ced8-fb84-476d-ac2c-172f78793de4#fact-resource-facts-16)

Parkes Gold Project · gold

#### Identity

- Project: Parkes Gold Project
- Commodity: gold
- Ticker: ADD

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-01T00:00:00.000Z
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mark Berry
- Resource group id: resource:ea1ab68c5ffcd4d5215d
- Deposit or zone: London-Victoria

#### Resource Data

- Category: inferred
- Tonnes: 9740000
- Grade: 0.84
- Grade Unit: g/t
- Contained Metal: 262700
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2026-09-01

#### Lab

- Laboratory: On Site Laboratory Services \(OSLS\)

#### Location

- CRS: GDA94
- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The London-Victoria resource has more than doubled, representing a 228% growth in contained gold, which is highly material and novel as it incorporates Adavale's modern drilling.

- Positive factor: London-Victoria resource more than doubled

- Positive factor: Significant contained gold increase \(228%\)

- Positive factor: First resource update incorporating modern drilling

Evidence · table

> 0.84g/t Au

Context: 9.74Mt

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/add-from-zero-to-383koz-gold-in-20-months--b400ced8-fb84-476d-ac2c-172f78793de4#fact-resource-facts-17)

Parkes Gold Project · gold

#### Identity

- Project: Parkes Gold Project
- Commodity: gold
- Ticker: ADD

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-01T00:00:00.000Z
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mark Berry
- Resource group id: resource:ad62e344a518e11e7aac
- Deposit or zone: Victoria South

#### Resource Data

- Category: inferred
- Tonnes: 720000
- Grade: 0.78
- Grade Unit: g/t
- Contained Metal: 18000
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2026-09-01

#### Lab

- Laboratory: On Site Laboratory Services \(OSLS\)

#### Location

- CRS: GDA94
- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Victoria South represents a new Inferred resource, contributing to the overall resource growth and expanding the project's footprint.

- Positive factor: New Inferred Mineral Resource

- Positive factor: Expands the resource base beyond the historic mine

Evidence · table

> 0.78g/t Au

Context: 0.72Mt

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/add-from-zero-to-383koz-gold-in-20-months--b400ced8-fb84-476d-ac2c-172f78793de4#fact-resource-facts-18)

Parkes Gold Project · gold

#### Identity

- Project: Parkes Gold Project
- Commodity: gold
- Ticker: ADD

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-01T00:00:00.000Z
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mark Berry
- Resource group id: resource:0bfbeb02a45cd8e8e7c1
- Deposit or zone: Armstrongs

#### Resource Data

- Category: inferred
- Tonnes: 2120000
- Grade: 0.76
- Grade Unit: g/t
- Contained Metal: 51800
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2026-09-01

#### Lab

- Laboratory: On Site Laboratory Services \(OSLS\)

#### Location

- CRS: GDA94
- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Armstrongs represents a new Inferred resource, contributing to the overall resource growth and expanding the project's footprint, though with some uncertainty regarding bulk density.

- Positive factor: New Inferred Mineral Resource

- Positive factor: Expands the resource base beyond the historic mine

- Negative factor: Assumed bulk density not based on actual measurements

Evidence · table

> 0.76g/t Au

Context: 2.12Mt

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/add-from-zero-to-383koz-gold-in-20-months--b400ced8-fb84-476d-ac2c-172f78793de4#fact-resource-facts-19)

Parkes Gold Project · gold

#### Identity

- Project: Parkes Gold Project
- Commodity: gold
- Ticker: ADD

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-01T00:00:00.000Z
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mark Berry
- Resource group id: resource:6e5ee0f790a28178bfd3
- Deposit or zone: Combined subtotal

#### Resource Data

- Category: inferred
- Tonnes: 12580000
- Grade: 0.82
- Grade Unit: g/t
- Contained Metal: 332500
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2026-09-01

#### Lab

- Laboratory: On Site Laboratory Services \(OSLS\)

#### Location

- CRS: GDA94
- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The combined resource for London-Victoria and satellite deposits shows significant growth, providing a strong foundation for future development studies and reflecting the impact of modern drilling.

- Positive factor: Significant combined resource increase

- Positive factor: Provides a strong foundation for future studies

- Positive factor: First resource update incorporating modern drilling

Evidence · table

> 0.82g/t Au

Context: 12.58Mt

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/add-from-zero-to-383koz-gold-in-20-months--b400ced8-fb84-476d-ac2c-172f78793de4#fact-resource-facts-20)

Parkes Gold Project · gold

#### Identity

- Project: Parkes Gold Project
- Commodity: gold
- Ticker: ADD

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-01T00:00:00.000Z
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mark Berry
- Resource group id: resource:f93d6ee147a2805795c8
- Deposit or zone: Calarie

#### Resource Data

- Category: inferred
- Tonnes: 870000
- Grade: 1.83
- Grade Unit: g/t
- Contained Metal: 50800
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2026-09-01

#### Lab

- Laboratory: On Site Laboratory Services \(OSLS\)

#### Location

- CRS: GDA94
- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Calarie provides a higher-grade satellite deposit that can potentially serve as supplementary feed for future development, though it is an existing resource.

- Positive factor: Higher average resource grade

- Positive factor: Granted mining tenure

Evidence · table

> 1.83g/t Au

Context: 0.87Mt

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/add-from-zero-to-383koz-gold-in-20-months--b400ced8-fb84-476d-ac2c-172f78793de4#fact-resource-facts-21)

Parkes Gold Project · gold

#### Identity

- Project: Parkes Gold Project
- Commodity: gold
- Ticker: ADD

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-01T00:00:00.000Z
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mark Berry
- Resource group id: resource:153d148304225625c3a6
- Deposit or zone: Total Parkes inventory

#### Resource Data

- Category: inferred
- Tonnes: 13450000
- Grade: 0.89
- Grade Unit: g/t
- Contained Metal: 383300
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2026-09-01

#### Lab

- Laboratory: On Site Laboratory Services \(OSLS\)

#### Location

- CRS: GDA94
- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The total Parkes gold resource inventory has significantly increased to 383,300 ounces, representing a major step-change for the company and providing a strong foundation for future development.

- Positive factor: Total Parkes gold resource inventory significantly increased

- Positive factor: Provides a strong foundation for future studies

- Positive factor: First resource update incorporating modern drilling

Evidence · table

> 0.89g/t Au

Context: 13.45Mt

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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: qp\_signed is true

**JORC Compliant**

Polarity: positive

Definition: 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.
