AIS: MATERIAL INCREASE TO GOLDEN PLATEAU MINERAL RESOURCE

Original announcement by asx on

Company
Aeris Resources Limited
Ticker
AIS
Exchange
ASX
Region
Queensland
Primary commodity
Gold
Secondary commodities
Silver
Document categories
Resource update
Extracted
2026-10-21 23:06:17 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Aeris Resources Limited announced a material increase to the Mineral Resource estimate for its Golden Plateau deposit, with contained gold increasing by 220% and contained silver by 200%. The update significantly boosts Measured and Indicated resources, enhancing confidence and extending potential mine life. While overall contained metal grew substantially, the average gold grade decreased, and the underground cut-off grade was lowered, contributing to the tonnage increase.

Reasoning: The updated Mineral Resource estimate for Golden Plateau shows a substantial increase in contained gold and silver, with a significant upgrade in resource confidence, indicating a positive outlook for the project's future. However, the average gold grade has decreased, and the underground cut-off grade was lowered, which partially contributes to the tonnage increase. Some uncertainties remain regarding historical data and stope depletion.

Positive factors

  • Significant increase in contained gold (220%) and silver (200%) metal.
  • Substantial increase in Measured and Indicated Mineral Resources, improving confidence.
  • MRE is JORC 2012 compliant and signed off by a Competent Person.
  • Incorporates extensive new drilling and geological review.
  • Provides significant potential to extend the Cracow mine life.

Negative factors

  • Average gold grade decreased in both open pit and underground components compared to the prior MRE.
  • Underground cut-off grade was lowered from 1.5 g/t Au to 1.0 g/t Au, contributing to tonnage increase.
  • Some Inferred resources extend beyond drill data, relying on geological interpretation.
  • Risk of more or less stope depletion than modelled due to historical mining voids.

Facts used in scoring: 44

Classification and evidence

Tonnage Growthpositive

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

Why it applies: Total Mineral Resource tonnage increased from 0.64Mt to 3.0Mt (370%) compared to the previous MRE.

Evidence · text

“Total Mineral Resource tonnage increased from 0.64Mt to 3.0Mt (370%)”

Contained Metal Growthpositive

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

Why it applies: Contained gold increased from 63koz to 200koz (220%) and contained silver increased by 200% compared to the previous MRE.

Evidence · text

“contained gold increased from 63koz to 200koz (220%) compared with the previous MRE1”

Category Upgradepositive

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

Why it applies: Measured and Indicated Mineral Resource have increased substantially and now accounts for 50% of the contained gold, materially improving confidence in the resource base.

Evidence · text

“Measured and Indicated Mineral Resource have increased substantially and now accounts for 50% of the contained gold, materially improving confidence in the resource base.”

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: Nicholas Spanswick is named as the Competent Person for the report and confirms he has read and understood the JORC Code (2012) requirements.

Evidence · text

“The information in this report that relates to Exploration Targets, Exploration Results or Mineral Resources is based on information compiled by Nicholas Spanswick. Mr Spanswick confirms that he is the Competent Person for all Exploration Results, summarised in this Report and he has read and understood the requirements of the 2012 Edition of the Australasian Code for Reporting of Exploration Targets, Exploration Results, Mineral Resources and Ore Reserves (JORC Code, 2012 Edition).”

JORC Compliantpositive

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

Why it applies: The MRE is reported in accordance with the JORC Code (2012).

Evidence · text

“The MRE is reported in accordance with the JORC Code (2012)”

Resource Updateneutral

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

Why it applies: The document announces an 'updated Mineral Resource estimate (MRE)' for the Golden Plateau deposit.

Evidence · text

“updated Mineral Resource estimate (MRE) for the Golden Plateau deposit”

Grade Declinenegative

Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: The open pit average gold grade decreased from 2.9g/t Au to 1.9g/t Au, and the underground average gold grade decreased from 3.2g/t Au to 2.9g/t Au.

Evidence · text

“reducing the average grade from 2.9g/t Au to 1.9g/t Au.”

Cut-off Lowerednegative

Cut-off grade significantly reduced vs prior estimate — tonnage growth may be artificial inflation.

Why it applies: The underground MRE is now reported at a 1.0g/t Au cut-off grade, whereas previously it was reported at 1.5g/t Au.

Evidence · text

“Previously, the underground MRE at Golden Plateau was reported on a block-by-block basis at 1.5g/t Au.”

Inferred Resourcenegative

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

Why it applies: A significant portion of the resource, 1.7Mt at 1.9g/t Au (100koz Au), is classified as Inferred.

Evidence · text

“1.7Mt at 1.9g/t Au (100koz Au) as Inferred.”

Extracted facts

Stored fact records: 44. Some facts used in scoring do not have a stored record.

Resource Estimates (44)

measuredGolden Plateau · goldTonnes: 95000Grade: 2.8Grade Unit: g/tContained Metal: 8.4Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Golden Plateau
Commodity
gold
Region
australia_qld
Reported Region
Queensland
Ticker
AIS

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Nicholas Spanswick
Resource group id
resource:34733dab472d388ac83f
Mining method
combined
Ownership percent
100 %

Resource Data

Category
measured
Tonnes
95000
Grade
2.8
Grade Unit
g/t
Contained Metal
8.4
Contained Unit
koz
Cutoff Grade
1
Cutoff Unit
g/t

Prior Estimate

Resource Date
2026-06-30

Lab

Laboratory
ALS Laboratories

Location

Loc. Confidence
medium

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This Measured resource for open pit gold at Golden Plateau represents a high-confidence estimate with a strong grade, contributing positively to the overall resource update.

Positive factors

  • Measured category indicates high confidence in the estimate.
  • Open pit mining method suggests lower operating costs.
  • Grade of 2.8 g/t Au is strong for an open pit gold resource.

Evidence · table

“2.8”

Context: 95

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

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

measuredGolden Plateau · silverTonnes: 95000Grade: 8Grade Unit: g/tContained Metal: 23Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Golden Plateau
Commodity
silver
Region
australia_qld
Reported Region
Queensland
Ticker
AIS

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Nicholas Spanswick
Resource group id
resource:34733dab472d388ac83f
Mining method
combined
Ownership percent
100 %

Resource Data

Category
measured
Tonnes
95000
Grade
8
Grade Unit
g/t
Contained Metal
23
Contained Unit
koz
Cutoff Grade
1
Cutoff Unit
g/t

Prior Estimate

Resource Date
2026-06-30

Lab

Laboratory
ALS Laboratories

Location

Loc. Confidence
medium

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This Measured resource for open pit silver at Golden Plateau provides a high-confidence estimate, contributing as a byproduct to the overall resource update.

Positive factors

  • Measured category indicates high confidence in the estimate.
  • Open pit mining method suggests lower operating costs.

Evidence · table

“8”

Context: 95

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

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

indicatedGolden Plateau · goldTonnes: 910000Grade: 2.1Grade Unit: g/tContained Metal: 60Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Golden Plateau
Commodity
gold
Region
australia_qld
Reported Region
Queensland
Ticker
AIS

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Nicholas Spanswick
Resource group id
resource:4c94ab67ba907c53c863
Mining method
combined
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
910000
Grade
2.1
Grade Unit
g/t
Contained Metal
60
Contained Unit
koz
Cutoff Grade
1
Cutoff Unit
g/t

Prior Estimate

Resource Date
2026-06-30

Lab

Laboratory
ALS Laboratories

Location

Loc. Confidence
medium

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This Indicated resource for open pit gold at Golden Plateau represents a significant portion of the resource with good confidence and a strong grade.

Positive factors

  • Indicated category provides reasonable geological confidence.
  • Open pit mining method suggests lower operating costs.
  • Grade of 2.1 g/t Au is strong for an open pit gold resource.

Evidence · table

“2.1”

Context: 910

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

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

indicatedGolden Plateau · silverTonnes: 910000Grade: 5Grade Unit: g/tContained Metal: 160Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Golden Plateau
Commodity
silver
Region
australia_qld
Reported Region
Queensland
Ticker
AIS

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Nicholas Spanswick
Resource group id
resource:4c94ab67ba907c53c863
Mining method
combined
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
910000
Grade
5
Grade Unit
g/t
Contained Metal
160
Contained Unit
koz
Cutoff Grade
1
Cutoff Unit
g/t

Prior Estimate

Resource Date
2026-06-30

Lab

Laboratory
ALS Laboratories

Location

Loc. Confidence
medium

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This Indicated resource for open pit silver at Golden Plateau contributes as a byproduct to the overall resource update with good confidence.

Positive factors

  • Indicated category provides reasonable geological confidence.
  • Open pit mining method suggests lower operating costs.

Evidence · table

“5”

Context: 910

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

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

inferredGolden Plateau · goldTonnes: 1500000Grade: 1.8Grade Unit: g/tContained Metal: 83Contained Unit: kozView all details
Link to this fact

Identity

Project
Golden Plateau
Commodity
gold
Region
australia_qld
Reported Region
Queensland
Ticker
AIS

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Nicholas Spanswick
Resource group id
resource:4105f9660987fd0bcd5c
Mining method
combined
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
1500000
Grade
1.8
Grade Unit
g/t
Contained Metal
83
Contained Unit
koz
Cutoff Grade
1
Cutoff Unit
g/t

Prior Estimate

Resource Date
2026-06-30

Lab

Laboratory
ALS Laboratories

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This Inferred resource for open pit gold at Golden Plateau adds significant tonnage but has lower confidence due to its classification and reliance on extrapolation in some areas.

Positive factors

  • Open pit mining method suggests lower operating costs.
  • Grade of 1.8 g/t Au is moderate for an open pit gold resource.

Negative factors

  • Inferred category indicates lower geological confidence.
  • Some Inferred resources extend beyond drill data.

Evidence · table

“1.8”

Context: 1,500

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

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

inferredGolden Plateau · silverTonnes: 1500000Grade: 7Grade Unit: g/tContained Metal: 350Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Golden Plateau
Commodity
silver
Region
australia_qld
Reported Region
Queensland
Ticker
AIS

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Nicholas Spanswick
Resource group id
resource:4105f9660987fd0bcd5c
Mining method
combined
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
1500000
Grade
7
Grade Unit
g/t
Contained Metal
350
Contained Unit
koz
Cutoff Grade
1
Cutoff Unit
g/t

Prior Estimate

Resource Date
2026-06-30

Lab

Laboratory
ALS Laboratories

Location

Loc. Confidence
medium

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This Inferred resource for open pit silver at Golden Plateau contributes as a byproduct but has lower confidence due to its classification and reliance on extrapolation in some areas.

Positive factors

  • Open pit mining method suggests lower operating costs.

Negative factors

  • Inferred category indicates lower geological confidence.
  • Some Inferred resources extend beyond drill data.

Evidence · table

“7”

Context: 1,500

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

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

measuredGolden Plateau · goldTonnes: 30000Grade: 5.2Grade Unit: g/tContained Metal: 5.1Contained Unit: kozView all details
Link to this fact

Identity

Project
Golden Plateau
Commodity
gold
Region
australia_qld
Reported Region
Queensland
Ticker
AIS

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Nicholas Spanswick
Resource group id
resource:954e4099af9ffb372bf5
Mining method
combined
Ownership percent
100 %

Resource Data

Category
measured
Tonnes
30000
Grade
5.2
Grade Unit
g/t
Contained Metal
5.1
Contained Unit
koz
Cutoff Grade
1
Cutoff Unit
g/t

Prior Estimate

Resource Date
2026-06-30

Lab

Laboratory
ALS Laboratories

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This Measured resource for underground gold at Golden Plateau represents a high-confidence estimate with a strong grade, contributing positively to the overall resource update.

Positive factors

  • Measured category indicates high confidence in the estimate.
  • Grade of 5.2 g/t Au is strong for an underground gold resource.

Evidence · table

“5.2”

Context: 30

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

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

measuredGolden Plateau · silverTonnes: 30000Grade: 11Grade Unit: g/tContained Metal: 10Contained Unit: kozView all details
Link to this fact

Identity

Project
Golden Plateau
Commodity
silver
Region
australia_qld
Reported Region
Queensland
Ticker
AIS

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Nicholas Spanswick
Resource group id
resource:954e4099af9ffb372bf5
Mining method
combined
Ownership percent
100 %

Resource Data

Category
measured
Tonnes
30000
Grade
11
Grade Unit
g/t
Contained Metal
10
Contained Unit
koz
Cutoff Grade
1
Cutoff Unit
g/t

Prior Estimate

Resource Date
2026-06-30

Lab

Laboratory
ALS Laboratories

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This Measured resource for underground silver at Golden Plateau provides a high-confidence estimate, contributing as a byproduct to the overall resource update.

Positive factors

  • Measured category indicates high confidence in the estimate.

Evidence · table

“11”

Context: 30

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

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

indicatedGolden Plateau · goldTonnes: 260000Grade: 3.1Grade Unit: g/tContained Metal: 26Contained Unit: kozView all details
Link to this fact

Identity

Project
Golden Plateau
Commodity
gold
Region
australia_qld
Reported Region
Queensland
Ticker
AIS

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Nicholas Spanswick
Resource group id
resource:37ab493d31225b73853b
Mining method
combined
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
260000
Grade
3.1
Grade Unit
g/t
Contained Metal
26
Contained Unit
koz
Cutoff Grade
1
Cutoff Unit
g/t

Prior Estimate

Resource Date
2026-06-30

Lab

Laboratory
ALS Laboratories

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This Indicated resource for underground gold at Golden Plateau represents a significant portion of the resource with good confidence and a moderate grade.

Positive factors

  • Indicated category provides reasonable geological confidence.
  • Grade of 3.1 g/t Au is moderate for an underground gold resource.

Evidence · table

“3.1”

Context: 260

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

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

indicatedGolden Plateau · silverTonnes: 260000Grade: 12Grade Unit: g/tContained Metal: 96Contained Unit: kozView all details
Link to this fact

Identity

Project
Golden Plateau
Commodity
silver
Region
australia_qld
Reported Region
Queensland
Ticker
AIS

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Nicholas Spanswick
Resource group id
resource:37ab493d31225b73853b
Mining method
combined
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
260000
Grade
12
Grade Unit
g/t
Contained Metal
96
Contained Unit
koz
Cutoff Grade
1
Cutoff Unit
g/t

Prior Estimate

Resource Date
2026-06-30

Lab

Laboratory
ALS Laboratories

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This Indicated resource for underground silver at Golden Plateau contributes as a byproduct to the overall resource update with good confidence.

Positive factors

  • Indicated category provides reasonable geological confidence.

Evidence · table

“12”

Context: 260

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

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

inferredGolden Plateau · goldTonnes: 240000Grade: 2.4Grade Unit: g/tContained Metal: 18Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Golden Plateau
Commodity
gold
Region
australia_qld
Reported Region
Queensland
Ticker
AIS

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Nicholas Spanswick
Resource group id
resource:79fc46024e3eaf90a810
Mining method
combined
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
240000
Grade
2.4
Grade Unit
g/t
Contained Metal
18
Contained Unit
koz
Cutoff Grade
1
Cutoff Unit
g/t

Prior Estimate

Resource Date
2026-06-30

Lab

Laboratory
ALS Laboratories

Location

Loc. Confidence
medium

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This Inferred resource for underground gold at Golden Plateau adds tonnage but has lower confidence due to its classification and reliance on extrapolation in some areas, with a weak grade for underground mining.

Positive factors

  • Grade of 2.4 g/t Au is weak for an underground gold resource.

Negative factors

  • Inferred category indicates lower geological confidence.
  • Some Inferred resources extend beyond drill data.

Evidence · table

“2.4”

Context: 240

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

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

inferredGolden Plateau · silverTonnes: 240000Grade: 15Grade Unit: g/tContained Metal: 120Contained Unit: kozView all details
Link to this fact

Identity

Project
Golden Plateau
Commodity
silver
Region
australia_qld
Reported Region
Queensland
Ticker
AIS

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Nicholas Spanswick
Resource group id
resource:79fc46024e3eaf90a810
Mining method
combined
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
240000
Grade
15
Grade Unit
g/t
Contained Metal
120
Contained Unit
koz
Cutoff Grade
1
Cutoff Unit
g/t

Prior Estimate

Resource Date
2026-06-30

Lab

Laboratory
ALS Laboratories

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This Inferred resource for underground silver at Golden Plateau contributes as a byproduct but has lower confidence due to its classification and reliance on extrapolation in some areas.

Negative factors

  • Inferred category indicates lower geological confidence.
  • Some Inferred resources extend beyond drill data.

Evidence · table

“15”

Context: 240

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

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

measuredGolden Plateau · goldTonnes: 130000Grade: 3.3Grade Unit: g/tContained Metal: 13Contained Unit: kozView all details
Link to this fact

Identity

Project
Golden Plateau
Commodity
gold
Region
australia_qld
Reported Region
Queensland
Ticker
AIS

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Nicholas Spanswick
Resource group id
resource:dd507120e47f1dad9e6b
Mining method
combined
Ownership percent
100 %

Resource Data

Category
measured
Tonnes
130000
Grade
3.3
Grade Unit
g/t
Contained Metal
13
Contained Unit
koz
Cutoff Grade
1
Cutoff Unit
g/t

Prior Estimate

Resource Date
2026-06-30

Lab

Laboratory
ALS Laboratories

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This Measured resource for total gold at Golden Plateau represents a high-confidence estimate with a strong grade, contributing positively to the overall resource update.

Positive factors

  • Measured category indicates high confidence in the estimate.
  • Grade of 3.3 g/t Au is strong for a combined mining method resource.

Evidence · table

“3.3”

Context: 130

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

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

measuredGolden Plateau · silverTonnes: 130000Grade: 8Grade Unit: g/tContained Metal: 33Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Golden Plateau
Commodity
silver
Region
australia_qld
Reported Region
Queensland
Ticker
AIS

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Nicholas Spanswick
Resource group id
resource:dd507120e47f1dad9e6b
Mining method
combined
Ownership percent
100 %

Resource Data

Category
measured
Tonnes
130000
Grade
8
Grade Unit
g/t
Contained Metal
33
Contained Unit
koz
Cutoff Grade
1
Cutoff Unit
g/t

Prior Estimate

Resource Date
2026-06-30

Lab

Laboratory
ALS Laboratories

Location

Loc. Confidence
medium

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This Measured resource for total silver at Golden Plateau provides a high-confidence estimate, contributing as a byproduct to the overall resource update.

Positive factors

  • Measured category indicates high confidence in the estimate.

Evidence · table

“8”

Context: 130

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

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

indicatedGolden Plateau · goldTonnes: 1200000Grade: 2.3Grade Unit: g/tContained Metal: 86Contained Unit: kozView all details
Link to this fact

Identity

Project
Golden Plateau
Commodity
gold
Region
australia_qld
Reported Region
Queensland
Ticker
AIS

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Nicholas Spanswick
Resource group id
resource:a4bde28515e15f6d0656
Mining method
combined
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
1200000
Grade
2.3
Grade Unit
g/t
Contained Metal
86
Contained Unit
koz
Cutoff Grade
1
Cutoff Unit
g/t

Prior Estimate

Resource Date
2026-06-30
Prior Tonnes
120000
Prior Grade
3.5
Prior Contained Metal
14

Lab

Laboratory
ALS Laboratories

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This Indicated resource for total gold at Golden Plateau shows significant growth in tonnage and contained metal, improving confidence, despite a decrease in average grade compared to the previous estimate.

Positive factors

  • Indicated category provides reasonable geological confidence.
  • Significant increase in tonnage and contained metal compared to prior estimate.
  • Grade of 2.3 g/t Au is strong for a combined mining method resource.

Negative factors

  • Grade declined from 3.5 g/t Au in the prior estimate.

Evidence · table

“2.3”

Context: 1,200

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

Tonnage Growthpositive

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

Why it applies: 1200000 against 120000 previously

Grade Declinenegative

Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: 2.3 against 3.5 previously

Contained Metal Growthpositive

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

Why it applies: 86 against 14 previously

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

indicatedGolden Plateau · silverTonnes: 1200000Grade: 7Grade Unit: g/tContained Metal: 250Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Golden Plateau
Commodity
silver
Region
australia_qld
Reported Region
Queensland
Ticker
AIS

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Nicholas Spanswick
Resource group id
resource:a4bde28515e15f6d0656
Mining method
combined
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
1200000
Grade
7
Grade Unit
g/t
Contained Metal
250
Contained Unit
koz
Cutoff Grade
1
Cutoff Unit
g/t

Prior Estimate

Resource Date
2026-06-30
Prior Tonnes
120000
Prior Grade
15
Prior Contained Metal
59

Lab

Laboratory
ALS Laboratories

Location

Loc. Confidence
medium

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This Indicated resource for total silver at Golden Plateau shows significant growth in tonnage and contained metal, despite a decrease in average grade compared to the previous estimate.

Positive factors

  • Indicated category provides reasonable geological confidence.
  • Significant increase in tonnage and contained metal compared to prior estimate.

Negative factors

  • Grade declined from 15 g/t Ag in the prior estimate.

Evidence · table

“7”

Context: 1,200

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

Tonnage Growthpositive

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

Why it applies: 1200000 against 120000 previously

Grade Declinenegative

Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: 7 against 15 previously

Contained Metal Growthpositive

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

Why it applies: 250 against 59 previously

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

inferredGolden Plateau · goldTonnes: 1700000Grade: 1.9Grade Unit: g/tContained Metal: 100Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Golden Plateau
Commodity
gold
Region
australia_qld
Reported Region
Queensland
Ticker
AIS

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Nicholas Spanswick
Resource group id
resource:a33870087c837ec258ec
Mining method
combined
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
1700000
Grade
1.9
Grade Unit
g/t
Contained Metal
100
Contained Unit
koz
Cutoff Grade
1
Cutoff Unit
g/t

Prior Estimate

Resource Date
2026-06-30
Prior Tonnes
510000
Prior Grade
3
Prior Contained Metal
50

Lab

Laboratory
ALS Laboratories

Location

Loc. Confidence
medium

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This Inferred resource for total gold at Golden Plateau shows significant growth in tonnage and contained metal, but has lower confidence due to its classification, a decrease in average grade, and reliance on extrapolation in some areas.

Positive factors

  • Significant increase in tonnage and contained metal compared to prior estimate.

Negative factors

  • Inferred category indicates lower geological confidence.
  • Grade declined from 3.0 g/t Au in the prior estimate.
  • Some Inferred resources extend beyond drill data.

Evidence · table

“1.9”

Context: 1,700

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

Tonnage Growthpositive

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

Why it applies: 1700000 against 510000 previously

Grade Declinenegative

Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: 1.9 against 3 previously

Contained Metal Growthpositive

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

Why it applies: 100 against 50 previously

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

inferredGolden Plateau · silverTonnes: 1700000Grade: 9Grade Unit: g/tContained Metal: 470Contained Unit: kozView all details
Link to this fact

Identity

Project
Golden Plateau
Commodity
silver
Region
australia_qld
Reported Region
Queensland
Ticker
AIS

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Nicholas Spanswick
Resource group id
resource:a33870087c837ec258ec
Mining method
combined
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
1700000
Grade
9
Grade Unit
g/t
Contained Metal
470
Contained Unit
koz
Cutoff Grade
1
Cutoff Unit
g/t

Prior Estimate

Resource Date
2026-06-30
Prior Tonnes
510000
Prior Grade
11
Prior Contained Metal
180

Lab

Laboratory
ALS Laboratories

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This Inferred resource for total silver at Golden Plateau shows significant growth in tonnage and contained metal, but has lower confidence due to its classification, a decrease in average grade, and reliance on extrapolation in some areas.

Positive factors

  • Significant increase in tonnage and contained metal compared to prior estimate.

Negative factors

  • Inferred category indicates lower geological confidence.
  • Grade declined from 11 g/t Ag in the prior estimate.
  • Some Inferred resources extend beyond drill data.

Evidence · table

“9”

Context: 1,700

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

Tonnage Growthpositive

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

Why it applies: 1700000 against 510000 previously

Grade Declinenegative

Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: 9 against 11 previously

Contained Metal Growthpositive

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

Why it applies: 470 against 180 previously

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

Fact 19Golden Plateau · goldTonnes: 3000000Grade: 2.1Grade Unit: g/tContained Metal: 200Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Golden Plateau
Commodity
gold
Region
australia_qld
Reported Region
Queensland
Ticker
AIS

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Nicholas Spanswick
Resource group id
resource:2c21483d17ac6556de07
Mining method
combined
Ownership percent
100 %

Resource Data

Tonnes
3000000
Grade
2.1
Grade Unit
g/t
Contained Metal
200
Contained Unit
koz
Cutoff Grade
1
Cutoff Unit
g/t

Prior Estimate

Resource Date
2026-06-30
Prior Tonnes
640000
Prior Grade
3.1
Prior Contained Metal
63

Lab

Laboratory
ALS Laboratories

Location

Loc. Confidence
medium

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: The Grand Total resource for gold at Golden Plateau shows a very significant increase in both tonnage and contained metal, representing a major positive update, despite a decrease in the overall average grade.

Positive factors

  • Significant increase in total tonnage (370%) and contained gold (220%) compared to prior estimate.
  • Overall resource grade of 2.1 g/t Au is strong for a combined mining method resource.

Negative factors

  • Overall grade declined from 3.1 g/t Au in the prior estimate.

Evidence · table

“2.1”

Context: 3,000

Tags used in scoring

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Tonnage Growthpositive

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

Why it applies: 3000000 against 640000 previously

Grade Declinenegative

Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: 2.1 against 3.1 previously

Contained Metal Growthpositive

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

Why it applies: 200 against 63 previously

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

Fact 20Golden Plateau · silverTonnes: 3000000Grade: 8Grade Unit: g/tContained Metal: 750Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Golden Plateau
Commodity
silver
Region
australia_qld
Reported Region
Queensland
Ticker
AIS

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Nicholas Spanswick
Resource group id
resource:2c21483d17ac6556de07
Mining method
combined
Ownership percent
100 %

Resource Data

Tonnes
3000000
Grade
8
Grade Unit
g/t
Contained Metal
750
Contained Unit
koz
Cutoff Grade
1
Cutoff Unit
g/t

Prior Estimate

Resource Date
2026-06-30
Prior Tonnes
640000
Prior Grade
12
Prior Contained Metal
250

Lab

Laboratory
ALS Laboratories

Location

Loc. Confidence
medium

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: The Grand Total resource for silver at Golden Plateau shows a very significant increase in both tonnage and contained metal, representing a major positive update, despite a decrease in the overall average grade.

Positive factors

  • Significant increase in total tonnage (370%) and contained silver (200%) compared to prior estimate.

Negative factors

  • Overall grade declined from 12 g/t Ag in the prior estimate.

Evidence · table

“8”

Context: 3,000

Tags used in scoring

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Tonnage Growthpositive

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

Why it applies: 3000000 against 640000 previously

Grade Declinenegative

Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: 8 against 12 previously

Contained Metal Growthpositive

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

Why it applies: 750 against 250 previously

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

Fact 21Golden Plateau · goldTonnes: 150000Grade: 2.8Grade Unit: g/tContained Metal: 14Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Golden Plateau
Commodity
gold
Region
australia_qld
Reported Region
Queensland
Ticker
AIS

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Nicholas Spanswick
Resource group id
resource:602d40d2f4a9979c5d1c

Resource Data

Tonnes
150000
Grade
2.8
Grade Unit
g/t
Contained Metal
14
Contained Unit
koz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Lab

Laboratory
ALS Laboratories

Location

Loc. Confidence
medium

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-07-30T00:00:00.000Z

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This historical open pit gold resource provides context for the current update but is not new information.

Negative factors

  • This is a historical estimate, not new information.

Evidence · table

“2.8”

Context: 150

Tags used in scoring

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

Fact 22Golden Plateau · silverTonnes: 150000Grade: 14Grade Unit: g/tContained Metal: 71Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Golden Plateau
Commodity
silver
Region
australia_qld
Reported Region
Queensland
Ticker
AIS

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Nicholas Spanswick
Resource group id
resource:602d40d2f4a9979c5d1c

Resource Data

Tonnes
150000
Grade
14
Grade Unit
g/t
Contained Metal
71
Contained Unit
koz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Lab

Laboratory
ALS Laboratories

Location

Loc. Confidence
medium

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-07-30T00:00:00.000Z

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This historical open pit silver resource provides context for the current update but is not new information.

Negative factors

  • This is a historical estimate, not new information.

Evidence · table

“14”

Context: 150

Tags used in scoring

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

Fact 23Golden Plateau · goldTonnes: 490000Grade: 3.2Grade Unit: g/tContained Metal: 50Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Golden Plateau
Commodity
gold
Region
australia_qld
Reported Region
Queensland
Ticker
AIS

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Nicholas Spanswick
Resource group id
resource:56b9b6f02663daf80f50

Resource Data

Tonnes
490000
Grade
3.2
Grade Unit
g/t
Contained Metal
50
Contained Unit
koz
Cutoff Grade
1.5
Cutoff Unit
g/t Au

Lab

Laboratory
ALS Laboratories

Location

Loc. Confidence
medium

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-07-30T00:00:00.000Z

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This historical underground gold resource provides context for the current update but is not new information, and its comparability is affected by a change in cut-off grade.

Negative factors

  • This is a historical estimate, not new information.
  • Cut-off grade was higher in the prior estimate, making direct comparison challenging.

Evidence · table

“3.2”

Context: 490

Tags used in scoring

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

Fact 24Golden Plateau · silverTonnes: 490000Grade: 11Grade Unit: g/tContained Metal: 170Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Golden Plateau
Commodity
silver
Region
australia_qld
Reported Region
Queensland
Ticker
AIS

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Nicholas Spanswick
Resource group id
resource:56b9b6f02663daf80f50

Resource Data

Tonnes
490000
Grade
11
Grade Unit
g/t
Contained Metal
170
Contained Unit
koz
Cutoff Grade
1.5
Cutoff Unit
g/t Au

Lab

Laboratory
ALS Laboratories

Location

Loc. Confidence
medium

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-07-30T00:00:00.000Z

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This historical underground silver resource provides context for the current update but is not new information, and its comparability is affected by a change in cut-off grade.

Negative factors

  • This is a historical estimate, not new information.
  • Cut-off grade was higher in the prior estimate, making direct comparison challenging.

Evidence · table

“11”

Context: 490

Tags used in scoring

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

Fact 25Golden Plateau · goldTonnes: 640000Grade: 3.1Grade Unit: g/tContained Metal: 63Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Golden Plateau
Commodity
gold
Region
australia_qld
Reported Region
Queensland
Ticker
AIS

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Nicholas Spanswick
Resource group id
resource:f7ebc6b0c37738177b07

Resource Data

Tonnes
640000
Grade
3.1
Grade Unit
g/t
Contained Metal
63
Contained Unit
koz

Lab

Laboratory
ALS Laboratories

Location

Loc. Confidence
medium

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-07-30T00:00:00.000Z

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This historical total gold resource provides context for the current update but is not new information.

Negative factors

  • This is a historical estimate, not new information.

Evidence · table

“3.1”

Context: 640

Tags used in scoring

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was 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

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

Fact 26Golden Plateau · silverTonnes: 640000Grade: 12Grade Unit: g/tContained Metal: 250Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Golden Plateau
Commodity
silver
Region
australia_qld
Reported Region
Queensland
Ticker
AIS

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Nicholas Spanswick
Resource group id
resource:f7ebc6b0c37738177b07

Resource Data

Tonnes
640000
Grade
12
Grade Unit
g/t
Contained Metal
250
Contained Unit
koz

Lab

Laboratory
ALS Laboratories

Location

Loc. Confidence
medium

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-07-30T00:00:00.000Z

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This historical total silver resource provides context for the current update but is not new information.

Negative factors

  • This is a historical estimate, not new information.

Evidence · table

“12”

Context: 640

Tags used in scoring

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was 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

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

inferredGolden Plateau · goldTonnes: 2500000Grade: 1.9Grade Unit: g/tContained Metal: 150Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Golden Plateau
Commodity
gold
Region
australia_qld
Reported Region
Queensland
Ticker
AIS

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Nicholas Spanswick
Resource group id
resource:ed29d5b644fda8457b51
Mining method
combined
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
2500000
Grade
1.9
Grade Unit
g/t
Contained Metal
150
Contained Unit
koz
Cutoff Grade
1
Cutoff Unit
g/t

Prior Estimate

Resource Date
2026-06-30

Lab

Laboratory
ALS Laboratories

Location

Loc. Confidence
medium

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This Inferred resource for open pit gold at Golden Plateau adds significant tonnage but has lower confidence due to its classification and reliance on extrapolation in some areas. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Open pit mining method suggests lower operating costs.
  • Grade of 1.8 g/t Au is moderate for an open pit gold resource.

Negative factors

  • Inferred category indicates lower geological confidence.
  • Some Inferred resources extend beyond drill data.

Evidence · table

“1.9”

Context: 2,500

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

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

inferredGolden Plateau · silverTonnes: 2500000Grade: 7Grade Unit: g/tContained Metal: 530Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Golden Plateau
Commodity
silver
Region
australia_qld
Reported Region
Queensland
Ticker
AIS

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Nicholas Spanswick
Resource group id
resource:ed29d5b644fda8457b51
Mining method
combined
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
2500000
Grade
7
Grade Unit
g/t
Contained Metal
530
Contained Unit
koz
Cutoff Grade
1
Cutoff Unit
g/t

Prior Estimate

Resource Date
2026-06-30

Lab

Laboratory
ALS Laboratories

Location

Loc. Confidence
medium

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This Inferred resource for open pit gold at Golden Plateau adds significant tonnage but has lower confidence due to its classification and reliance on extrapolation in some areas. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Open pit mining method suggests lower operating costs.
  • Grade of 1.8 g/t Au is moderate for an open pit gold resource.

Negative factors

  • Inferred category indicates lower geological confidence.
  • Some Inferred resources extend beyond drill data.

Evidence · table

“7”

Context: 2,500

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

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

inferredGolden Plateau · goldTonnes: 530000Grade: 2.9Grade Unit: g/tContained Metal: 50Contained Unit: kozView all details
Link to this fact

Identity

Project
Golden Plateau
Commodity
gold
Region
australia_qld
Reported Region
Queensland
Ticker
AIS

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Nicholas Spanswick
Resource group id
resource:808ff576d0bf0b3049db
Mining method
combined
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
530000
Grade
2.9
Grade Unit
g/t
Contained Metal
50
Contained Unit
koz
Cutoff Grade
1
Cutoff Unit
g/t

Prior Estimate

Resource Date
2026-06-30

Lab

Laboratory
ALS Laboratories

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This Inferred resource for open pit gold at Golden Plateau adds significant tonnage but has lower confidence due to its classification and reliance on extrapolation in some areas. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Open pit mining method suggests lower operating costs.
  • Grade of 1.8 g/t Au is moderate for an open pit gold resource.

Negative factors

  • Inferred category indicates lower geological confidence.
  • Some Inferred resources extend beyond drill data.

Evidence · table

“2.9”

Context: 530

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

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

inferredGolden Plateau · silverTonnes: 530000Grade: 13Grade Unit: g/tContained Metal: 220Contained Unit: kozView all details
Link to this fact

Identity

Project
Golden Plateau
Commodity
silver
Region
australia_qld
Reported Region
Queensland
Ticker
AIS

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Nicholas Spanswick
Resource group id
resource:808ff576d0bf0b3049db
Mining method
combined
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
530000
Grade
13
Grade Unit
g/t
Contained Metal
220
Contained Unit
koz
Cutoff Grade
1
Cutoff Unit
g/t

Prior Estimate

Resource Date
2026-06-30

Lab

Laboratory
ALS Laboratories

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This Inferred resource for open pit gold at Golden Plateau adds significant tonnage but has lower confidence due to its classification and reliance on extrapolation in some areas. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Open pit mining method suggests lower operating costs.
  • Grade of 1.8 g/t Au is moderate for an open pit gold resource.

Negative factors

  • Inferred category indicates lower geological confidence.
  • Some Inferred resources extend beyond drill data.

Evidence · table

“13”

Context: 530

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

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

inferredGolden Plateau · goldTonnes: 3000000Grade: 2.1Grade Unit: g/tContained Metal: 200Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Golden Plateau
Commodity
gold
Region
australia_qld
Reported Region
Queensland
Ticker
AIS

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Nicholas Spanswick
Resource group id
resource:140bca844cd858a6f0a5
Mining method
combined
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
3000000
Grade
2.1
Grade Unit
g/t
Contained Metal
200
Contained Unit
koz
Cutoff Grade
1
Cutoff Unit
g/t

Prior Estimate

Resource Date
2026-06-30

Lab

Laboratory
ALS Laboratories

Location

Loc. Confidence
medium

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This Inferred resource for open pit gold at Golden Plateau adds significant tonnage but has lower confidence due to its classification and reliance on extrapolation in some areas. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Open pit mining method suggests lower operating costs.
  • Grade of 1.8 g/t Au is moderate for an open pit gold resource.

Negative factors

  • Inferred category indicates lower geological confidence.
  • Some Inferred resources extend beyond drill data.

Evidence · table

“2.1”

Context: 3,000

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

inferredGolden Plateau · silverTonnes: 3000000Grade: 8Grade Unit: g/tContained Metal: 750Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Golden Plateau
Commodity
silver
Region
australia_qld
Reported Region
Queensland
Ticker
AIS

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Nicholas Spanswick
Resource group id
resource:140bca844cd858a6f0a5
Mining method
combined
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
3000000
Grade
8
Grade Unit
g/t
Contained Metal
750
Contained Unit
koz
Cutoff Grade
1
Cutoff Unit
g/t

Prior Estimate

Resource Date
2026-06-30

Lab

Laboratory
ALS Laboratories

Location

Loc. Confidence
medium

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This Inferred resource for open pit gold at Golden Plateau adds significant tonnage but has lower confidence due to its classification and reliance on extrapolation in some areas. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Open pit mining method suggests lower operating costs.
  • Grade of 1.8 g/t Au is moderate for an open pit gold resource.

Negative factors

  • Inferred category indicates lower geological confidence.
  • Some Inferred resources extend beyond drill data.

Evidence · table

“8”

Context: 3,000

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

indicatedGolden Plateau · goldTonnes: 120000Grade: 3.5Grade Unit: g/tContained Metal: 14Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Golden Plateau
Commodity
gold
Region
australia_qld
Reported Region
Queensland
Ticker
AIS

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Nicholas Spanswick
Resource group id
resource:71caf2c1293d228f1eae
Mining method
combined
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
120000
Grade
3.5
Grade Unit
g/t
Contained Metal
14
Contained Unit
koz
Cutoff Grade
1
Cutoff Unit
g/t

Lab

Laboratory
ALS Laboratories

Location

Loc. Confidence
medium

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-07-30T00:00:00.000Z

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This historical Indicated gold resource provides context for the current update but is not new information.

Negative factors

  • This is a historical estimate, not new information.

Evidence · table

“3.5”

Context: 120

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

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

indicatedGolden Plateau · silverTonnes: 120000Grade: 15Grade Unit: g/tContained Metal: 59Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Golden Plateau
Commodity
silver
Region
australia_qld
Reported Region
Queensland
Ticker
AIS

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Nicholas Spanswick
Resource group id
resource:71caf2c1293d228f1eae
Mining method
combined
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
120000
Grade
15
Grade Unit
g/t
Contained Metal
59
Contained Unit
koz
Cutoff Grade
1
Cutoff Unit
g/t

Lab

Laboratory
ALS Laboratories

Location

Loc. Confidence
medium

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-07-30T00:00:00.000Z

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This historical Indicated silver resource provides context for the current update but is not new information.

Negative factors

  • This is a historical estimate, not new information.

Evidence · table

“15”

Context: 120

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

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

inferredGolden Plateau · goldTonnes: 510000Grade: 3Grade Unit: g/tContained Metal: 50Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Golden Plateau
Commodity
gold
Region
australia_qld
Reported Region
Queensland
Ticker
AIS

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Nicholas Spanswick
Resource group id
resource:b889b2165fbdc9cf2ffa
Mining method
combined
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
510000
Grade
3
Grade Unit
g/t
Contained Metal
50
Contained Unit
koz
Cutoff Grade
1
Cutoff Unit
g/t

Lab

Laboratory
ALS Laboratories

Location

Loc. Confidence
medium

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-07-30T00:00:00.000Z

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This historical Inferred gold resource provides context for the current update but is not new information.

Negative factors

  • This is a historical estimate, not new information.

Evidence · table

“3.0”

Context: 510

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

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

inferredGolden Plateau · silverTonnes: 510000Grade: 11Grade Unit: g/tContained Metal: 180Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Golden Plateau
Commodity
silver
Region
australia_qld
Reported Region
Queensland
Ticker
AIS

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Nicholas Spanswick
Resource group id
resource:b889b2165fbdc9cf2ffa
Mining method
combined
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
510000
Grade
11
Grade Unit
g/t
Contained Metal
180
Contained Unit
koz
Cutoff Grade
1
Cutoff Unit
g/t

Lab

Laboratory
ALS Laboratories

Location

Loc. Confidence
medium

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-07-30T00:00:00.000Z

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This historical Inferred silver resource provides context for the current update but is not new information.

Negative factors

  • This is a historical estimate, not new information.

Evidence · table

“11”

Context: 510

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

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

inferredGolden Plateau · goldTonnes: 640000Grade: 3.1Grade Unit: g/tContained Metal: 63Contained Unit: kozView all details
Link to this fact

Identity

Project
Golden Plateau
Commodity
gold
Region
australia_qld
Reported Region
Queensland
Ticker
AIS

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Nicholas Spanswick
Resource group id
resource:9d59afdc4582d3c6bf9f
Mining method
combined
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
640000
Grade
3.1
Grade Unit
g/t
Contained Metal
63
Contained Unit
koz
Cutoff Grade
1
Cutoff Unit
g/t

Prior Estimate

Resource Date
2026-06-30

Lab

Laboratory
ALS Laboratories

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This Inferred resource for open pit gold at Golden Plateau adds significant tonnage but has lower confidence due to its classification and reliance on extrapolation in some areas. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Open pit mining method suggests lower operating costs.
  • Grade of 1.8 g/t Au is moderate for an open pit gold resource.

Negative factors

  • Inferred category indicates lower geological confidence.
  • Some Inferred resources extend beyond drill data.

Evidence · table

“3.1”

Context: 640

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

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

inferredGolden Plateau · silverTonnes: 640000Grade: 12Grade Unit: g/tContained Metal: 250Contained Unit: kozView all details
Link to this fact

Identity

Project
Golden Plateau
Commodity
silver
Region
australia_qld
Reported Region
Queensland
Ticker
AIS

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Nicholas Spanswick
Resource group id
resource:9d59afdc4582d3c6bf9f
Mining method
combined
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
640000
Grade
12
Grade Unit
g/t
Contained Metal
250
Contained Unit
koz
Cutoff Grade
1
Cutoff Unit
g/t

Prior Estimate

Resource Date
2026-06-30

Lab

Laboratory
ALS Laboratories

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This Inferred resource for open pit gold at Golden Plateau adds significant tonnage but has lower confidence due to its classification and reliance on extrapolation in some areas. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Open pit mining method suggests lower operating costs.
  • Grade of 1.8 g/t Au is moderate for an open pit gold resource.

Negative factors

  • Inferred category indicates lower geological confidence.
  • Some Inferred resources extend beyond drill data.

Evidence · table

“12”

Context: 640

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

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

indicatedGolden Plateau · goldTonnes: 1100000Grade: -1.2Grade Unit: g/tContained Metal: 73Contained Unit: kozView all details
Link to this fact

Identity

Project
Golden Plateau
Commodity
gold
Region
australia_qld
Reported Region
Queensland
Ticker
AIS

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Nicholas Spanswick
Resource group id
resource:57ba4335c00c9dc99287
Mining method
combined
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
1100000
Grade
-1.2
Grade Unit
g/t
Contained Metal
73
Contained Unit
koz
Cutoff Grade
1
Cutoff Unit
g/t

Prior Estimate

Resource Date
2026-06-30

Lab

Laboratory
ALS Laboratories

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This Indicated resource for open pit gold at Golden Plateau represents a significant portion of the resource with good confidence and a strong grade. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Indicated category provides reasonable geological confidence.
  • Open pit mining method suggests lower operating costs.
  • Grade of 2.1 g/t Au is strong for an open pit gold resource.

Evidence · table

“-1.2”

Context: 1,100

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

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

indicatedGolden Plateau · silverTonnes: 1100000Grade: -8Grade Unit: g/tContained Metal: 190Contained Unit: kozView all details
Link to this fact

Identity

Project
Golden Plateau
Commodity
silver
Region
australia_qld
Reported Region
Queensland
Ticker
AIS

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Nicholas Spanswick
Resource group id
resource:57ba4335c00c9dc99287
Mining method
combined
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
1100000
Grade
-8
Grade Unit
g/t
Contained Metal
190
Contained Unit
koz
Cutoff Grade
1
Cutoff Unit
g/t

Prior Estimate

Resource Date
2026-06-30

Lab

Laboratory
ALS Laboratories

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This Indicated resource for open pit gold at Golden Plateau represents a significant portion of the resource with good confidence and a strong grade. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Indicated category provides reasonable geological confidence.
  • Open pit mining method suggests lower operating costs.
  • Grade of 2.1 g/t Au is strong for an open pit gold resource.

Evidence · table

“-8”

Context: 1,100

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

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

inferredGolden Plateau · goldTonnes: 1200000Grade: -1.1Grade Unit: g/tContained Metal: 50Contained Unit: kozView all details
Link to this fact

Identity

Project
Golden Plateau
Commodity
gold
Region
australia_qld
Reported Region
Queensland
Ticker
AIS

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Nicholas Spanswick
Resource group id
resource:6ad81b0830a6deffbcaf
Mining method
combined
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
1200000
Grade
-1.1
Grade Unit
g/t
Contained Metal
50
Contained Unit
koz
Cutoff Grade
1
Cutoff Unit
g/t

Prior Estimate

Resource Date
2026-06-30

Lab

Laboratory
ALS Laboratories

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This Inferred resource for open pit gold at Golden Plateau adds significant tonnage but has lower confidence due to its classification and reliance on extrapolation in some areas. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Open pit mining method suggests lower operating costs.
  • Grade of 1.8 g/t Au is moderate for an open pit gold resource.

Negative factors

  • Inferred category indicates lower geological confidence.
  • Some Inferred resources extend beyond drill data.

Evidence · table

“-1.1”

Context: 1,200

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

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

inferredGolden Plateau · silverTonnes: 1200000Grade: -2Grade Unit: g/tContained Metal: 290Contained Unit: kozView all details
Link to this fact

Identity

Project
Golden Plateau
Commodity
silver
Region
australia_qld
Reported Region
Queensland
Ticker
AIS

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Nicholas Spanswick
Resource group id
resource:6ad81b0830a6deffbcaf
Mining method
combined
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
1200000
Grade
-2
Grade Unit
g/t
Contained Metal
290
Contained Unit
koz
Cutoff Grade
1
Cutoff Unit
g/t

Prior Estimate

Resource Date
2026-06-30

Lab

Laboratory
ALS Laboratories

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This Inferred resource for open pit gold at Golden Plateau adds significant tonnage but has lower confidence due to its classification and reliance on extrapolation in some areas. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Open pit mining method suggests lower operating costs.
  • Grade of 1.8 g/t Au is moderate for an open pit gold resource.

Negative factors

  • Inferred category indicates lower geological confidence.
  • Some Inferred resources extend beyond drill data.

Evidence · table

“-2”

Context: 1,200

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

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

inferredGolden Plateau · goldTonnes: 2400000Grade: -1Grade Unit: g/tContained Metal: 140Contained Unit: kozView all details
Link to this fact

Identity

Project
Golden Plateau
Commodity
gold
Region
australia_qld
Reported Region
Queensland
Ticker
AIS

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Nicholas Spanswick
Resource group id
resource:88c44598295e309c4964
Mining method
combined
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
2400000
Grade
-1
Grade Unit
g/t
Contained Metal
140
Contained Unit
koz
Cutoff Grade
1
Cutoff Unit
g/t

Prior Estimate

Resource Date
2026-06-30

Lab

Laboratory
ALS Laboratories

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This Inferred resource for open pit gold at Golden Plateau adds significant tonnage but has lower confidence due to its classification and reliance on extrapolation in some areas. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Open pit mining method suggests lower operating costs.
  • Grade of 1.8 g/t Au is moderate for an open pit gold resource.

Negative factors

  • Inferred category indicates lower geological confidence.
  • Some Inferred resources extend beyond drill data.

Evidence · table

“-1.0”

Context: 2,400

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

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

inferredGolden Plateau · silverTonnes: 2400000Grade: -4Grade Unit: g/tContained Metal: 500Contained Unit: kozView all details
Link to this fact

Identity

Project
Golden Plateau
Commodity
silver
Region
australia_qld
Reported Region
Queensland
Ticker
AIS

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Nicholas Spanswick
Resource group id
resource:88c44598295e309c4964
Mining method
combined
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
2400000
Grade
-4
Grade Unit
g/t
Contained Metal
500
Contained Unit
koz
Cutoff Grade
1
Cutoff Unit
g/t

Prior Estimate

Resource Date
2026-06-30

Lab

Laboratory
ALS Laboratories

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This Inferred resource for open pit gold at Golden Plateau adds significant tonnage but has lower confidence due to its classification and reliance on extrapolation in some areas. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Open pit mining method suggests lower operating costs.
  • Grade of 1.8 g/t Au is moderate for an open pit gold resource.

Negative factors

  • Inferred category indicates lower geological confidence.
  • Some Inferred resources extend beyond drill data.

Evidence · table

“-4”

Context: 2,400

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

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

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.