AEV: Annual Report to shareholders

Original announcement by asx on

Company
Avenira Limited
Ticker
AEV
Exchange
ASX
Region
Unavailable
Primary commodity
Phosphate
Secondary commodities
Gold
Document categories
Resource update, Capital raise, Other
Extracted
2026-09-29 15:45:26 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Avenira Limited's annual report for 2026 highlights progress on its Wonarah Phosphate Project in the Northern Territory, including Mine Management Plan approval and significant capital raises totaling over $16 million, with a further $49 million rights issue announced post-period. However, the target for first Direct Shipping Ore (DSO) shipment has been delayed from Q4 CY2026 to H1 CY2027. The company also reported on exploration planning for its Jundee South Gold Project in Western Australia, which is subject to a forfeiture dispute.

Reasoning: Avenira Limited is progressing its Wonarah Phosphate Project with key approvals and significant funding, but faces delays in first shipment and a legal dispute on its gold project, while operating at a loss. The resource estimate is historical.

Positive factors

  • Mine Management Plan approval for Wonarah
  • Significant capital raises secured
  • Progress on infrastructure and logistics for Wonarah
  • Recruitment of senior operational and technical team
  • Jundee South exploration program finalized and targeting commencement

Negative factors

  • Delay in first DSO shipment target
  • Working capital deficiency
  • Jundee South forfeiture dispute
  • Operating at a loss
  • Resource statement is a restatement of a 2023 release

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

Facts used in scoring: 100

Extracted facts

Stored fact records: 100. Some facts used in scoring do not have a stored record.

Resource Estimates (100)

measuredWonarah Phosphate Project · phosphateTonnes: 78300000Grade: 20.8Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
phosphate
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:9bdc29f2316f2688d571

Resource Data

Category
measured
Tonnes
78300000
Grade
20.8
Grade Unit
%
Cutoff Grade
10
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is a Measured resource for phosphate at a 10% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“20.8”

Context: 78.3

Tags used in scoring

Measured Resourcepositive

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

Why it applies: category is "measured"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

measuredWonarah Phosphate Project · al2o3Tonnes: 78300000Grade: 4.85Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
al2o3
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:9bdc29f2316f2688d571

Resource Data

Category
measured
Tonnes
78300000
Grade
4.85
Grade Unit
%
Cutoff Grade
10
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is a Measured resource for Al2O3 at a 10% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“4.85”

Context: 78.3

Tags used in scoring

Measured Resourcepositive

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

Why it applies: category is "measured"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

measuredWonarah Phosphate Project · caoTonnes: 78300000Grade: 28Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
cao
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:9bdc29f2316f2688d571

Resource Data

Category
measured
Tonnes
78300000
Grade
28
Grade Unit
%
Cutoff Grade
10
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is a Measured resource for CaO at a 10% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“28”

Context: 78.3

Tags used in scoring

Measured Resourcepositive

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

Why it applies: category is "measured"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

measuredWonarah Phosphate Project · fe2o3Tonnes: 78300000Grade: 1.11Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
fe2o3
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:9bdc29f2316f2688d571

Resource Data

Category
measured
Tonnes
78300000
Grade
1.11
Grade Unit
%
Cutoff Grade
10
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is a Measured resource for Fe2O3 at a 10% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“1.11”

Context: 78.3

Tags used in scoring

Measured Resourcepositive

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

Why it applies: category is "measured"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

measuredWonarah Phosphate Project · k2oTonnes: 78300000Grade: 0.43Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
k2o
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:9bdc29f2316f2688d571

Resource Data

Category
measured
Tonnes
78300000
Grade
0.43
Grade Unit
%
Cutoff Grade
10
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is a Measured resource for K2O at a 10% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“0.43”

Context: 78.3

Tags used in scoring

Measured Resourcepositive

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

Why it applies: category is "measured"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

measuredWonarah Phosphate Project · mgoTonnes: 78300000Grade: 0.25Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
mgo
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:9bdc29f2316f2688d571

Resource Data

Category
measured
Tonnes
78300000
Grade
0.25
Grade Unit
%
Cutoff Grade
10
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is a Measured resource for MgO at a 10% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“0.25”

Context: 78.3

Tags used in scoring

Measured Resourcepositive

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

Why it applies: category is "measured"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

measuredWonarah Phosphate Project · mnoTonnes: 78300000Grade: 0.04Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
mno
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:9bdc29f2316f2688d571

Resource Data

Category
measured
Tonnes
78300000
Grade
0.04
Grade Unit
%
Cutoff Grade
10
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is a Measured resource for MnO at a 10% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“0.04”

Context: 78.3

Tags used in scoring

Measured Resourcepositive

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

Why it applies: category is "measured"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

measuredWonarah Phosphate Project · na2oTonnes: 78300000Grade: 0.1Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
na2o
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:9bdc29f2316f2688d571

Resource Data

Category
measured
Tonnes
78300000
Grade
0.1
Grade Unit
%
Cutoff Grade
10
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is a Measured resource for Na2O at a 10% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“0.1”

Context: 78.3

Tags used in scoring

Measured Resourcepositive

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

Why it applies: category is "measured"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

measuredWonarah Phosphate Project · sio2Tonnes: 78300000Grade: 39.7Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
sio2
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:9bdc29f2316f2688d571

Resource Data

Category
measured
Tonnes
78300000
Grade
39.7
Grade Unit
%
Cutoff Grade
10
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is a Measured resource for SiO2 at a 10% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“39.7”

Context: 78.3

Tags used in scoring

Measured Resourcepositive

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

Why it applies: category is "measured"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

measuredWonarah Phosphate Project · tio2Tonnes: 78300000Grade: 0.21Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
tio2
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:9bdc29f2316f2688d571

Resource Data

Category
measured
Tonnes
78300000
Grade
0.21
Grade Unit
%
Cutoff Grade
10
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is a Measured resource for TiO2 at a 10% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“0.21”

Context: 78.3

Tags used in scoring

Measured Resourcepositive

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

Why it applies: category is "measured"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

indicatedWonarah Phosphate Project · phosphateTonnes: 222000000Grade: 17.5Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
phosphate
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:9b903fe331602f0fcc9d

Resource Data

Category
indicated
Tonnes
222000000
Grade
17.5
Grade Unit
%
Cutoff Grade
10
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is an Indicated resource for phosphate at a 10% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“17.5”

Context: 222

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

indicatedWonarah Phosphate Project · al2o3Tonnes: 222000000Grade: 4.75Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
al2o3
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:9b903fe331602f0fcc9d

Resource Data

Category
indicated
Tonnes
222000000
Grade
4.75
Grade Unit
%
Cutoff Grade
10
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is an Indicated resource for Al2O3 at a 10% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“4.75”

Context: 222

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

indicatedWonarah Phosphate Project · caoTonnes: 222000000Grade: 23.2Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
cao
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:9b903fe331602f0fcc9d

Resource Data

Category
indicated
Tonnes
222000000
Grade
23.2
Grade Unit
%
Cutoff Grade
10
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is an Indicated resource for CaO at a 10% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“23.2”

Context: 222

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

indicatedWonarah Phosphate Project · fe2o3Tonnes: 222000000Grade: 1.49Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
fe2o3
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:9b903fe331602f0fcc9d

Resource Data

Category
indicated
Tonnes
222000000
Grade
1.49
Grade Unit
%
Cutoff Grade
10
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is an Indicated resource for Fe2O3 at a 10% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“1.49”

Context: 222

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

indicatedWonarah Phosphate Project · k2oTonnes: 222000000Grade: 0.47Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
k2o
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:9b903fe331602f0fcc9d

Resource Data

Category
indicated
Tonnes
222000000
Grade
0.47
Grade Unit
%
Cutoff Grade
10
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is an Indicated resource for K2O at a 10% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“0.47”

Context: 222

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

indicatedWonarah Phosphate Project · mgoTonnes: 222000000Grade: 0.2Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
mgo
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:9b903fe331602f0fcc9d

Resource Data

Category
indicated
Tonnes
222000000
Grade
0.2
Grade Unit
%
Cutoff Grade
10
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is an Indicated resource for MgO at a 10% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“0.2”

Context: 222

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

indicatedWonarah Phosphate Project · mnoTonnes: 222000000Grade: 0.04Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
mno
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:9b903fe331602f0fcc9d

Resource Data

Category
indicated
Tonnes
222000000
Grade
0.04
Grade Unit
%
Cutoff Grade
10
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is an Indicated resource for MnO at a 10% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“0.04”

Context: 222

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

indicatedWonarah Phosphate Project · na2oTonnes: 222000000Grade: 0.09Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
na2o
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:9b903fe331602f0fcc9d

Resource Data

Category
indicated
Tonnes
222000000
Grade
0.09
Grade Unit
%
Cutoff Grade
10
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is an Indicated resource for Na2O at a 10% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“0.09”

Context: 222

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

indicatedWonarah Phosphate Project · sio2Tonnes: 222000000Grade: 48.3Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
sio2
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:9b903fe331602f0fcc9d

Resource Data

Category
indicated
Tonnes
222000000
Grade
48.3
Grade Unit
%
Cutoff Grade
10
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is an Indicated resource for SiO2 at a 10% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“48.3”

Context: 222

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

indicatedWonarah Phosphate Project · tio2Tonnes: 222000000Grade: 0.22Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
tio2
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:9b903fe331602f0fcc9d

Resource Data

Category
indicated
Tonnes
222000000
Grade
0.22
Grade Unit
%
Cutoff Grade
10
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is an Indicated resource for TiO2 at a 10% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“0.22”

Context: 222

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

indicatedWonarah Phosphate Project · phosphateTonnes: 300000000Grade: 18.3Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
phosphate
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:c0147c324085796510fb

Resource Data

Category
indicated
Tonnes
300000000
Grade
18.3
Grade Unit
%
Cutoff Grade
10
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is a combined Measured and Indicated resource for phosphate at a 10% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“18.3”

Context: 300

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

indicatedWonarah Phosphate Project · al2o3Tonnes: 300000000Grade: 4.77Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
al2o3
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:c0147c324085796510fb

Resource Data

Category
indicated
Tonnes
300000000
Grade
4.77
Grade Unit
%
Cutoff Grade
10
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is a combined Measured and Indicated resource for Al2O3 at a 10% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“4.77”

Context: 300

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

indicatedWonarah Phosphate Project · caoTonnes: 300000000Grade: 24.4Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
cao
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:c0147c324085796510fb

Resource Data

Category
indicated
Tonnes
300000000
Grade
24.4
Grade Unit
%
Cutoff Grade
10
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is a combined Measured and Indicated resource for CaO at a 10% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“24.4”

Context: 300

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

indicatedWonarah Phosphate Project · fe2o3Tonnes: 300000000Grade: 1.4Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
fe2o3
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:c0147c324085796510fb

Resource Data

Category
indicated
Tonnes
300000000
Grade
1.4
Grade Unit
%
Cutoff Grade
10
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is a combined Measured and Indicated resource for Fe2O3 at a 10% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“1.4”

Context: 300

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

indicatedWonarah Phosphate Project · k2oTonnes: 300000000Grade: 0.46Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
k2o
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:c0147c324085796510fb

Resource Data

Category
indicated
Tonnes
300000000
Grade
0.46
Grade Unit
%
Cutoff Grade
10
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is a combined Measured and Indicated resource for K2O at a 10% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“0.46”

Context: 300

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

indicatedWonarah Phosphate Project · mgoTonnes: 300000000Grade: 0.21Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
mgo
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:c0147c324085796510fb

Resource Data

Category
indicated
Tonnes
300000000
Grade
0.21
Grade Unit
%
Cutoff Grade
10
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is a combined Measured and Indicated resource for MgO at a 10% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“0.21”

Context: 300

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

indicatedWonarah Phosphate Project · mnoTonnes: 300000000Grade: 0.04Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
mno
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:c0147c324085796510fb

Resource Data

Category
indicated
Tonnes
300000000
Grade
0.04
Grade Unit
%
Cutoff Grade
10
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is a combined Measured and Indicated resource for MnO at a 10% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“0.04”

Context: 300

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

indicatedWonarah Phosphate Project · na2oTonnes: 300000000Grade: 0.09Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
na2o
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:c0147c324085796510fb

Resource Data

Category
indicated
Tonnes
300000000
Grade
0.09
Grade Unit
%
Cutoff Grade
10
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is a combined Measured and Indicated resource for Na2O at a 10% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“0.09”

Context: 300

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

indicatedWonarah Phosphate Project · sio2Tonnes: 300000000Grade: 46.1Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
sio2
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:c0147c324085796510fb

Resource Data

Category
indicated
Tonnes
300000000
Grade
46.1
Grade Unit
%
Cutoff Grade
10
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is a combined Measured and Indicated resource for SiO2 at a 10% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“46.1”

Context: 300

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

indicatedWonarah Phosphate Project · tio2Tonnes: 300000000Grade: 0.22Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
tio2
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:c0147c324085796510fb

Resource Data

Category
indicated
Tonnes
300000000
Grade
0.22
Grade Unit
%
Cutoff Grade
10
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is a combined Measured and Indicated resource for TiO2 at a 10% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“0.22”

Context: 300

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

inferredWonarah Phosphate Project · phosphateTonnes: 512000000Grade: 18Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
phosphate
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:465d7e88fe386657b12b

Resource Data

Category
inferred
Tonnes
512000000
Grade
18
Grade Unit
%
Cutoff Grade
10
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is an Inferred resource for phosphate at a 10% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty
  • Resource is Inferred, indicating lower geological confidence

Evidence · table

“18”

Context: 512

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

inferredWonarah Phosphate Project · al2o3Tonnes: 512000000Grade: 4.8Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
al2o3
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:465d7e88fe386657b12b

Resource Data

Category
inferred
Tonnes
512000000
Grade
4.8
Grade Unit
%
Cutoff Grade
10
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is an Inferred resource for Al2O3 at a 10% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty
  • Resource is Inferred, indicating lower geological confidence

Evidence · table

“4.8”

Context: 512

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

inferredWonarah Phosphate Project · caoTonnes: 512000000Grade: 24Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
cao
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:465d7e88fe386657b12b

Resource Data

Category
inferred
Tonnes
512000000
Grade
24
Grade Unit
%
Cutoff Grade
10
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is an Inferred resource for CaO at a 10% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty
  • Resource is Inferred, indicating lower geological confidence

Evidence · table

“24”

Context: 512

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

inferredWonarah Phosphate Project · fe2o3Tonnes: 512000000Grade: 2.1Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
fe2o3
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:465d7e88fe386657b12b

Resource Data

Category
inferred
Tonnes
512000000
Grade
2.1
Grade Unit
%
Cutoff Grade
10
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is an Inferred resource for Fe2O3 at a 10% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty
  • Resource is Inferred, indicating lower geological confidence

Evidence · table

“2.1”

Context: 512

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

inferredWonarah Phosphate Project · k2oTonnes: 512000000Grade: 0.5Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
k2o
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:465d7e88fe386657b12b

Resource Data

Category
inferred
Tonnes
512000000
Grade
0.5
Grade Unit
%
Cutoff Grade
10
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is an Inferred resource for K2O at a 10% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty
  • Resource is Inferred, indicating lower geological confidence

Evidence · table

“0.5”

Context: 512

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

inferredWonarah Phosphate Project · mgoTonnes: 512000000Grade: 0.2Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
mgo
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:465d7e88fe386657b12b

Resource Data

Category
inferred
Tonnes
512000000
Grade
0.2
Grade Unit
%
Cutoff Grade
10
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is an Inferred resource for MgO at a 10% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty
  • Resource is Inferred, indicating lower geological confidence

Evidence · table

“0.2”

Context: 512

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

inferredWonarah Phosphate Project · mnoTonnes: 512000000Grade: 0.08Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
mno
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:465d7e88fe386657b12b

Resource Data

Category
inferred
Tonnes
512000000
Grade
0.08
Grade Unit
%
Cutoff Grade
10
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is an Inferred resource for MnO at a 10% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty
  • Resource is Inferred, indicating lower geological confidence

Evidence · table

“0.08”

Context: 512

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

inferredWonarah Phosphate Project · na2oTonnes: 512000000Grade: 0.05Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
na2o
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:465d7e88fe386657b12b

Resource Data

Category
inferred
Tonnes
512000000
Grade
0.05
Grade Unit
%
Cutoff Grade
10
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is an Inferred resource for Na2O at a 10% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty
  • Resource is Inferred, indicating lower geological confidence

Evidence · table

“0.05”

Context: 512

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

inferredWonarah Phosphate Project · sio2Tonnes: 512000000Grade: 46Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
sio2
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:465d7e88fe386657b12b

Resource Data

Category
inferred
Tonnes
512000000
Grade
46
Grade Unit
%
Cutoff Grade
10
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is an Inferred resource for SiO2 at a 10% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty
  • Resource is Inferred, indicating lower geological confidence

Evidence · table

“46”

Context: 512

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

inferredWonarah Phosphate Project · tio2Tonnes: 512000000Grade: 0.2Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
tio2
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:465d7e88fe386657b12b

Resource Data

Category
inferred
Tonnes
512000000
Grade
0.2
Grade Unit
%
Cutoff Grade
10
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is an Inferred resource for TiO2 at a 10% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty
  • Resource is Inferred, indicating lower geological confidence

Evidence · table

“0.2”

Context: 512

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

measuredWonarah Phosphate Project · phosphateTonnes: 64900000Grade: 22.4Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
phosphate
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:2ff661e2f0b584fb4789

Resource Data

Category
measured
Tonnes
64900000
Grade
22.4
Grade Unit
%
Cutoff Grade
15
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is a Measured resource for phosphate at a 15% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“22.4”

Context: 64.9

Tags used in scoring

Measured Resourcepositive

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

Why it applies: category is "measured"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

measuredWonarah Phosphate Project · al2o3Tonnes: 64900000Grade: 4.47Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
al2o3
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:2ff661e2f0b584fb4789

Resource Data

Category
measured
Tonnes
64900000
Grade
4.47
Grade Unit
%
Cutoff Grade
15
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is a Measured resource for Al2O3 at a 15% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“4.47”

Context: 64.9

Tags used in scoring

Measured Resourcepositive

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

Why it applies: category is "measured"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

measuredWonarah Phosphate Project · caoTonnes: 64900000Grade: 30Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
cao
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:2ff661e2f0b584fb4789

Resource Data

Category
measured
Tonnes
64900000
Grade
30
Grade Unit
%
Cutoff Grade
15
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is a Measured resource for CaO at a 15% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“30”

Context: 64.9

Tags used in scoring

Measured Resourcepositive

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

Why it applies: category is "measured"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

measuredWonarah Phosphate Project · fe2o3Tonnes: 64900000Grade: 1.1Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
fe2o3
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:2ff661e2f0b584fb4789

Resource Data

Category
measured
Tonnes
64900000
Grade
1.1
Grade Unit
%
Cutoff Grade
15
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is a Measured resource for Fe2O3 at a 15% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“1.1”

Context: 64.9

Tags used in scoring

Measured Resourcepositive

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

Why it applies: category is "measured"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

measuredWonarah Phosphate Project · k2oTonnes: 64900000Grade: 0.37Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
k2o
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:2ff661e2f0b584fb4789

Resource Data

Category
measured
Tonnes
64900000
Grade
0.37
Grade Unit
%
Cutoff Grade
15
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is a Measured resource for K2O at a 15% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“0.37”

Context: 64.9

Tags used in scoring

Measured Resourcepositive

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

Why it applies: category is "measured"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

measuredWonarah Phosphate Project · mgoTonnes: 64900000Grade: 0.19Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
mgo
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:2ff661e2f0b584fb4789

Resource Data

Category
measured
Tonnes
64900000
Grade
0.19
Grade Unit
%
Cutoff Grade
15
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is a Measured resource for MgO at a 15% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“0.19”

Context: 64.9

Tags used in scoring

Measured Resourcepositive

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

Why it applies: category is "measured"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

measuredWonarah Phosphate Project · mnoTonnes: 64900000Grade: 0.04Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
mno
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:2ff661e2f0b584fb4789

Resource Data

Category
measured
Tonnes
64900000
Grade
0.04
Grade Unit
%
Cutoff Grade
15
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is a Measured resource for MnO at a 15% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“0.04”

Context: 64.9

Tags used in scoring

Measured Resourcepositive

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

Why it applies: category is "measured"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

measuredWonarah Phosphate Project · na2oTonnes: 64900000Grade: 0.09Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
na2o
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:2ff661e2f0b584fb4789

Resource Data

Category
measured
Tonnes
64900000
Grade
0.09
Grade Unit
%
Cutoff Grade
15
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is a Measured resource for Na2O at a 15% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“0.09”

Context: 64.9

Tags used in scoring

Measured Resourcepositive

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

Why it applies: category is "measured"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

measuredWonarah Phosphate Project · sio2Tonnes: 64900000Grade: 37Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
sio2
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:2ff661e2f0b584fb4789

Resource Data

Category
measured
Tonnes
64900000
Grade
37
Grade Unit
%
Cutoff Grade
15
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is a Measured resource for SiO2 at a 15% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“37”

Context: 64.9

Tags used in scoring

Measured Resourcepositive

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

Why it applies: category is "measured"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

measuredWonarah Phosphate Project · tio2Tonnes: 64900000Grade: 0.19Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
tio2
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:2ff661e2f0b584fb4789

Resource Data

Category
measured
Tonnes
64900000
Grade
0.19
Grade Unit
%
Cutoff Grade
15
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is a Measured resource for TiO2 at a 15% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“0.19”

Context: 64.9

Tags used in scoring

Measured Resourcepositive

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

Why it applies: category is "measured"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

indicatedWonarah Phosphate Project · phosphateTonnes: 133000000Grade: 21.1Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
phosphate
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:f6e63d3772343488ed0f

Resource Data

Category
indicated
Tonnes
133000000
Grade
21.1
Grade Unit
%
Cutoff Grade
15
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is an Indicated resource for phosphate at a 15% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“21.1”

Context: 133

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

indicatedWonarah Phosphate Project · al2o3Tonnes: 133000000Grade: 4.77Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
al2o3
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:f6e63d3772343488ed0f

Resource Data

Category
indicated
Tonnes
133000000
Grade
4.77
Grade Unit
%
Cutoff Grade
15
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is an Indicated resource for Al2O3 at a 15% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“4.77”

Context: 133

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

indicatedWonarah Phosphate Project · caoTonnes: 133000000Grade: 28Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
cao
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:f6e63d3772343488ed0f

Resource Data

Category
indicated
Tonnes
133000000
Grade
28
Grade Unit
%
Cutoff Grade
15
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is an Indicated resource for CaO at a 15% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“28”

Context: 133

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

indicatedWonarah Phosphate Project · fe2o3Tonnes: 133000000Grade: 1.53Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
fe2o3
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:f6e63d3772343488ed0f

Resource Data

Category
indicated
Tonnes
133000000
Grade
1.53
Grade Unit
%
Cutoff Grade
15
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is an Indicated resource for Fe2O3 at a 15% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“1.53”

Context: 133

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

indicatedWonarah Phosphate Project · k2oTonnes: 133000000Grade: 0.47Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
k2o
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:f6e63d3772343488ed0f

Resource Data

Category
indicated
Tonnes
133000000
Grade
0.47
Grade Unit
%
Cutoff Grade
15
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is an Indicated resource for K2O at a 15% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“0.47”

Context: 133

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

indicatedWonarah Phosphate Project · mgoTonnes: 133000000Grade: 0.21Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
mgo
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:f6e63d3772343488ed0f

Resource Data

Category
indicated
Tonnes
133000000
Grade
0.21
Grade Unit
%
Cutoff Grade
15
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is an Indicated resource for MgO at a 15% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“0.21”

Context: 133

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

indicatedWonarah Phosphate Project · mnoTonnes: 133000000Grade: 0.04Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
mno
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:f6e63d3772343488ed0f

Resource Data

Category
indicated
Tonnes
133000000
Grade
0.04
Grade Unit
%
Cutoff Grade
15
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is an Indicated resource for MnO at a 15% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“0.04”

Context: 133

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

indicatedWonarah Phosphate Project · na2oTonnes: 133000000Grade: 0.09Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
na2o
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:f6e63d3772343488ed0f

Resource Data

Category
indicated
Tonnes
133000000
Grade
0.09
Grade Unit
%
Cutoff Grade
15
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is an Indicated resource for Na2O at a 15% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“0.09”

Context: 133

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

indicatedWonarah Phosphate Project · sio2Tonnes: 133000000Grade: 39.7Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
sio2
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:f6e63d3772343488ed0f

Resource Data

Category
indicated
Tonnes
133000000
Grade
39.7
Grade Unit
%
Cutoff Grade
15
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is an Indicated resource for SiO2 at a 15% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“39.7”

Context: 133

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

indicatedWonarah Phosphate Project · tio2Tonnes: 133000000Grade: 0.22Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
tio2
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:f6e63d3772343488ed0f

Resource Data

Category
indicated
Tonnes
133000000
Grade
0.22
Grade Unit
%
Cutoff Grade
15
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is an Indicated resource for TiO2 at a 15% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“0.22”

Context: 133

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

indicatedWonarah Phosphate Project · phosphateTonnes: 198000000Grade: 21.5Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
phosphate
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:6491d677de65f0db054f

Resource Data

Category
indicated
Tonnes
198000000
Grade
21.5
Grade Unit
%
Cutoff Grade
15
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is a combined Measured and Indicated resource for phosphate at a 15% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“21.5”

Context: 198

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

indicatedWonarah Phosphate Project · al2o3Tonnes: 198000000Grade: 4.67Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
al2o3
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:6491d677de65f0db054f

Resource Data

Category
indicated
Tonnes
198000000
Grade
4.67
Grade Unit
%
Cutoff Grade
15
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is a combined Measured and Indicated resource for Al2O3 at a 15% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“4.67”

Context: 198

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

indicatedWonarah Phosphate Project · caoTonnes: 198000000Grade: 28.7Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
cao
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:6491d677de65f0db054f

Resource Data

Category
indicated
Tonnes
198000000
Grade
28.7
Grade Unit
%
Cutoff Grade
15
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is a combined Measured and Indicated resource for CaO at a 15% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“28.7”

Context: 198

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

indicatedWonarah Phosphate Project · fe2o3Tonnes: 198000000Grade: 1.39Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
fe2o3
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:6491d677de65f0db054f

Resource Data

Category
indicated
Tonnes
198000000
Grade
1.39
Grade Unit
%
Cutoff Grade
15
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is a combined Measured and Indicated resource for Fe2O3 at a 15% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“1.39”

Context: 198

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

indicatedWonarah Phosphate Project · k2oTonnes: 198000000Grade: 0.44Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
k2o
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:6491d677de65f0db054f

Resource Data

Category
indicated
Tonnes
198000000
Grade
0.44
Grade Unit
%
Cutoff Grade
15
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is a combined Measured and Indicated resource for K2O at a 15% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“0.44”

Context: 198

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

indicatedWonarah Phosphate Project · mgoTonnes: 198000000Grade: 0.2Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
mgo
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:6491d677de65f0db054f

Resource Data

Category
indicated
Tonnes
198000000
Grade
0.2
Grade Unit
%
Cutoff Grade
15
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is a combined Measured and Indicated resource for MgO at a 15% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“0.2”

Context: 198

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

indicatedWonarah Phosphate Project · mnoTonnes: 198000000Grade: 0.04Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
mno
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:6491d677de65f0db054f

Resource Data

Category
indicated
Tonnes
198000000
Grade
0.04
Grade Unit
%
Cutoff Grade
15
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is a combined Measured and Indicated resource for MnO at a 15% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“0.04”

Context: 198

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

indicatedWonarah Phosphate Project · na2oTonnes: 198000000Grade: 0.09Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
na2o
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:6491d677de65f0db054f

Resource Data

Category
indicated
Tonnes
198000000
Grade
0.09
Grade Unit
%
Cutoff Grade
15
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is a combined Measured and Indicated resource for Na2O at a 15% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“0.09”

Context: 198

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

indicatedWonarah Phosphate Project · sio2Tonnes: 198000000Grade: 38.8Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
sio2
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:6491d677de65f0db054f

Resource Data

Category
indicated
Tonnes
198000000
Grade
38.8
Grade Unit
%
Cutoff Grade
15
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is a combined Measured and Indicated resource for SiO2 at a 15% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“38.8”

Context: 198

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

indicatedWonarah Phosphate Project · tio2Tonnes: 198000000Grade: 0.21Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
tio2
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:6491d677de65f0db054f

Resource Data

Category
indicated
Tonnes
198000000
Grade
0.21
Grade Unit
%
Cutoff Grade
15
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is a combined Measured and Indicated resource for TiO2 at a 15% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“0.21”

Context: 198

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

inferredWonarah Phosphate Project · phosphateTonnes: 335000000Grade: 21Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
phosphate
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:40c8e405a1d21b3f6e3f

Resource Data

Category
inferred
Tonnes
335000000
Grade
21
Grade Unit
%
Cutoff Grade
15
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is an Inferred resource for phosphate at a 15% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty
  • Resource is Inferred, indicating lower geological confidence

Evidence · table

“21”

Context: 335

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

inferredWonarah Phosphate Project · al2o3Tonnes: 335000000Grade: 4.5Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
al2o3
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:40c8e405a1d21b3f6e3f

Resource Data

Category
inferred
Tonnes
335000000
Grade
4.5
Grade Unit
%
Cutoff Grade
15
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is an Inferred resource for Al2O3 at a 15% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty
  • Resource is Inferred, indicating lower geological confidence

Evidence · table

“4.5”

Context: 335

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

inferredWonarah Phosphate Project · caoTonnes: 335000000Grade: 28Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
cao
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:40c8e405a1d21b3f6e3f

Resource Data

Category
inferred
Tonnes
335000000
Grade
28
Grade Unit
%
Cutoff Grade
15
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is an Inferred resource for CaO at a 15% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty
  • Resource is Inferred, indicating lower geological confidence

Evidence · table

“28”

Context: 335

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

inferredWonarah Phosphate Project · fe2o3Tonnes: 335000000Grade: 2Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
fe2o3
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:40c8e405a1d21b3f6e3f

Resource Data

Category
inferred
Tonnes
335000000
Grade
2
Grade Unit
%
Cutoff Grade
15
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is an Inferred resource for Fe2O3 at a 15% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty
  • Resource is Inferred, indicating lower geological confidence

Evidence · table

“2.0”

Context: 335

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

inferredWonarah Phosphate Project · k2oTonnes: 335000000Grade: 0.5Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
k2o
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:40c8e405a1d21b3f6e3f

Resource Data

Category
inferred
Tonnes
335000000
Grade
0.5
Grade Unit
%
Cutoff Grade
15
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is an Inferred resource for K2O at a 15% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty
  • Resource is Inferred, indicating lower geological confidence

Evidence · table

“0.5”

Context: 335

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

inferredWonarah Phosphate Project · mgoTonnes: 335000000Grade: 0.2Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
mgo
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:40c8e405a1d21b3f6e3f

Resource Data

Category
inferred
Tonnes
335000000
Grade
0.2
Grade Unit
%
Cutoff Grade
15
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is an Inferred resource for MgO at a 15% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty
  • Resource is Inferred, indicating lower geological confidence

Evidence · table

“0.2”

Context: 335

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

inferredWonarah Phosphate Project · mnoTonnes: 335000000Grade: 0.1Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
mno
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:40c8e405a1d21b3f6e3f

Resource Data

Category
inferred
Tonnes
335000000
Grade
0.1
Grade Unit
%
Cutoff Grade
15
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is an Inferred resource for MnO at a 15% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty
  • Resource is Inferred, indicating lower geological confidence

Evidence · table

“0.10”

Context: 335

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

inferredWonarah Phosphate Project · na2oTonnes: 335000000Grade: 0.06Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
na2o
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:40c8e405a1d21b3f6e3f

Resource Data

Category
inferred
Tonnes
335000000
Grade
0.06
Grade Unit
%
Cutoff Grade
15
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is an Inferred resource for Na2O at a 15% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty
  • Resource is Inferred, indicating lower geological confidence

Evidence · table

“0.06”

Context: 335

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

inferredWonarah Phosphate Project · sio2Tonnes: 335000000Grade: 39Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
sio2
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:40c8e405a1d21b3f6e3f

Resource Data

Category
inferred
Tonnes
335000000
Grade
39
Grade Unit
%
Cutoff Grade
15
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is an Inferred resource for SiO2 at a 15% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty
  • Resource is Inferred, indicating lower geological confidence

Evidence · table

“39”

Context: 335

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

inferredWonarah Phosphate Project · tio2Tonnes: 335000000Grade: 0.2Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
tio2
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:40c8e405a1d21b3f6e3f

Resource Data

Category
inferred
Tonnes
335000000
Grade
0.2
Grade Unit
%
Cutoff Grade
15
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is an Inferred resource for TiO2 at a 15% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty
  • Resource is Inferred, indicating lower geological confidence

Evidence · table

“0.2”

Context: 335

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

measuredWonarah Phosphate Project · phosphateTonnes: 3400000Grade: 30.9Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
phosphate
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:5fa278e97d17994ec6ce

Resource Data

Category
measured
Tonnes
3400000
Grade
30.9
Grade Unit
%
Cutoff Grade
27
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is a Measured resource for phosphate at a 27% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“30.9”

Context: 3.4

Tags used in scoring

Measured Resourcepositive

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

Why it applies: category is "measured"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

measuredWonarah Phosphate Project · al2o3Tonnes: 3400000Grade: 3.14Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
al2o3
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:5fa278e97d17994ec6ce

Resource Data

Category
measured
Tonnes
3400000
Grade
3.14
Grade Unit
%
Cutoff Grade
27
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is a Measured resource for Al2O3 at a 27% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“3.14”

Context: 3.4

Tags used in scoring

Measured Resourcepositive

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

Why it applies: category is "measured"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

measuredWonarah Phosphate Project · caoTonnes: 3400000Grade: 42.1Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
cao
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:5fa278e97d17994ec6ce

Resource Data

Category
measured
Tonnes
3400000
Grade
42.1
Grade Unit
%
Cutoff Grade
27
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is a Measured resource for CaO at a 27% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“42.1”

Context: 3.4

Tags used in scoring

Measured Resourcepositive

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

Why it applies: category is "measured"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

measuredWonarah Phosphate Project · fe2o3Tonnes: 3400000Grade: 0.85Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
fe2o3
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:5fa278e97d17994ec6ce

Resource Data

Category
measured
Tonnes
3400000
Grade
0.85
Grade Unit
%
Cutoff Grade
27
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is a Measured resource for Fe2O3 at a 27% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“0.85”

Context: 3.4

Tags used in scoring

Measured Resourcepositive

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

Why it applies: category is "measured"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

measuredWonarah Phosphate Project · k2oTonnes: 3400000Grade: 0.18Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
k2o
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:5fa278e97d17994ec6ce

Resource Data

Category
measured
Tonnes
3400000
Grade
0.18
Grade Unit
%
Cutoff Grade
27
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is a Measured resource for K2O at a 27% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“0.18”

Context: 3.4

Tags used in scoring

Measured Resourcepositive

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

Why it applies: category is "measured"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

measuredWonarah Phosphate Project · mgoTonnes: 3400000Grade: 0.19Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
mgo
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:5fa278e97d17994ec6ce

Resource Data

Category
measured
Tonnes
3400000
Grade
0.19
Grade Unit
%
Cutoff Grade
27
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is a Measured resource for MgO at a 27% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“0.19”

Context: 3.4

Tags used in scoring

Measured Resourcepositive

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

Why it applies: category is "measured"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

measuredWonarah Phosphate Project · mnoTonnes: 3400000Grade: 0.05Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
mno
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:5fa278e97d17994ec6ce

Resource Data

Category
measured
Tonnes
3400000
Grade
0.05
Grade Unit
%
Cutoff Grade
27
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is a Measured resource for MnO at a 27% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“0.05”

Context: 3.4

Tags used in scoring

Measured Resourcepositive

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

Why it applies: category is "measured"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

measuredWonarah Phosphate Project · na2oTonnes: 3400000Grade: 0.08Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
na2o
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:5fa278e97d17994ec6ce

Resource Data

Category
measured
Tonnes
3400000
Grade
0.08
Grade Unit
%
Cutoff Grade
27
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is a Measured resource for Na2O at a 27% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“0.08”

Context: 3.4

Tags used in scoring

Measured Resourcepositive

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

Why it applies: category is "measured"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

measuredWonarah Phosphate Project · sio2Tonnes: 3400000Grade: 18Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
sio2
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:5fa278e97d17994ec6ce

Resource Data

Category
measured
Tonnes
3400000
Grade
18
Grade Unit
%
Cutoff Grade
27
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is a Measured resource for SiO2 at a 27% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“18.0”

Context: 3.4

Tags used in scoring

Measured Resourcepositive

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

Why it applies: category is "measured"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

measuredWonarah Phosphate Project · tio2Tonnes: 3400000Grade: 0.14Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
tio2
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:5fa278e97d17994ec6ce

Resource Data

Category
measured
Tonnes
3400000
Grade
0.14
Grade Unit
%
Cutoff Grade
27
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is a Measured resource for TiO2 at a 27% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“0.14”

Context: 3.4

Tags used in scoring

Measured Resourcepositive

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

Why it applies: category is "measured"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

indicatedWonarah Phosphate Project · phosphateTonnes: 9600000Grade: 30Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
phosphate
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:38c263163dd6d87d3515

Resource Data

Category
indicated
Tonnes
9600000
Grade
30
Grade Unit
%
Cutoff Grade
27
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is an Indicated resource for phosphate at a 27% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“30.0”

Context: 9.6

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

indicatedWonarah Phosphate Project · al2o3Tonnes: 9600000Grade: 3.43Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
al2o3
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:38c263163dd6d87d3515

Resource Data

Category
indicated
Tonnes
9600000
Grade
3.43
Grade Unit
%
Cutoff Grade
27
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is an Indicated resource for Al2O3 at a 27% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“3.43”

Context: 9.6

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

indicatedWonarah Phosphate Project · caoTonnes: 9600000Grade: 38.8Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
cao
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:38c263163dd6d87d3515

Resource Data

Category
indicated
Tonnes
9600000
Grade
38.8
Grade Unit
%
Cutoff Grade
27
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is an Indicated resource for CaO at a 27% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“38.8”

Context: 9.6

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

indicatedWonarah Phosphate Project · fe2o3Tonnes: 9600000Grade: 1.14Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
fe2o3
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:38c263163dd6d87d3515

Resource Data

Category
indicated
Tonnes
9600000
Grade
1.14
Grade Unit
%
Cutoff Grade
27
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is an Indicated resource for Fe2O3 at a 27% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“1.14”

Context: 9.6

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

indicatedWonarah Phosphate Project · k2oTonnes: 9600000Grade: 0.28Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
k2o
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:38c263163dd6d87d3515

Resource Data

Category
indicated
Tonnes
9600000
Grade
0.28
Grade Unit
%
Cutoff Grade
27
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is an Indicated resource for K2O at a 27% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“0.28”

Context: 9.6

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

indicatedWonarah Phosphate Project · mgoTonnes: 9600000Grade: 0.11Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
mgo
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:38c263163dd6d87d3515

Resource Data

Category
indicated
Tonnes
9600000
Grade
0.11
Grade Unit
%
Cutoff Grade
27
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is an Indicated resource for MgO at a 27% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“0.11”

Context: 9.6

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

indicatedWonarah Phosphate Project · mnoTonnes: 9600000Grade: 0.03Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
mno
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:38c263163dd6d87d3515

Resource Data

Category
indicated
Tonnes
9600000
Grade
0.03
Grade Unit
%
Cutoff Grade
27
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is an Indicated resource for MnO at a 27% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“0.03”

Context: 9.6

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

indicatedWonarah Phosphate Project · na2oTonnes: 9600000Grade: 0.08Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
na2o
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:38c263163dd6d87d3515

Resource Data

Category
indicated
Tonnes
9600000
Grade
0.08
Grade Unit
%
Cutoff Grade
27
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is an Indicated resource for Na2O at a 27% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“0.08”

Context: 9.6

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

indicatedWonarah Phosphate Project · sio2Tonnes: 9600000Grade: 24.7Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
sio2
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:38c263163dd6d87d3515

Resource Data

Category
indicated
Tonnes
9600000
Grade
24.7
Grade Unit
%
Cutoff Grade
27
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is an Indicated resource for SiO2 at a 27% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“24.7”

Context: 9.6

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

indicatedWonarah Phosphate Project · tio2Tonnes: 9600000Grade: 0.15Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Wonarah Phosphate Project
Commodity
tio2
Region
australia_nt
Reported Region
Northern Territory
Ticker
AEV

Resource scope

Estimate type
resource
Effective date
2023-09-27T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jonathon Abbott
Resource group id
resource:38c263163dd6d87d3515

Resource Data

Category
indicated
Tonnes
9600000
Grade
0.15
Grade Unit
%
Cutoff Grade
27
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2023-09-27

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-09-27T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: This is an Indicated resource for TiO2 at a 27% P2O5 cut-off, but it is a restatement of a prior estimate.

Negative factors

  • Estimate is historical, reducing novelty

Evidence · table

“0.15”

Context: 9.6

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.0 years before this release

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.