# AIS: MATERIAL INCREASE TO GOLDEN PLATEAU MINERAL RESOURCE

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/ais-material-increase-to-golden-plateau-mineral-resource--d3fa15c0-349d-46b3-a1fb-a08393fdfb12

Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03155673

Publisher: asx

Original announcement: 2026-10-21T22:59:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-21T23:06:16.961Z

Atlas analysis updated: 2026-10-21T23:06:16.961Z

- 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

Narrative sentiment: 0.70 · Bullish

## Minestarters Atlas 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 factor: Significant increase in contained gold \(220%\) and silver \(200%\) metal.

- Positive factor: Substantial increase in Measured and Indicated Mineral Resources, improving confidence.

- Positive factor: MRE is JORC 2012 compliant and signed off by a Competent Person.

- Positive factor: Incorporates extensive new drilling and geological review.

- Positive factor: Provides significant potential to extend the Cracow mine life.

- Negative factor: Average gold grade decreased in both open pit and underground components compared to the prior MRE.

- Negative factor: Underground cut-off grade was lowered from 1.5 g/t Au to 1.0 g/t Au, contributing to tonnage increase.

- Negative factor: Some Inferred resources extend beyond drill data, relying on geological interpretation.

- Negative factor: Risk of more or less stope depletion than modelled due to historical mining voids.

Facts used in scoring: 44

## Classification and evidence

**Tonnage Growth**

Polarity: positive

Definition: 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 Growth**

Polarity: positive

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

Why it applies: Contained gold 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 Upgrade**

Polarity: positive

Definition: 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 Signed**

Polarity: positive

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

Why it applies: 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 Compliant**

Polarity: positive

Definition: 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 Update**

Polarity: neutral

Definition: 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 Decline**

Polarity: negative

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

Why it applies: 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 Lowered**

Polarity: negative

Definition: 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 Resource**

Polarity: negative

Definition: 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)

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/ais-material-increase-to-golden-plateau-mineral-resource--d3fa15c0-349d-46b3-a1fb-a08393fdfb12#fact-resource-facts-0)

Golden Plateau · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: Measured category indicates high confidence in the estimate.

- Positive factor: Open pit mining method suggests lower operating costs.

- Positive factor: 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 Resource**

Polarity: positive

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

Why it applies: category is "measured"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/ais-material-increase-to-golden-plateau-mineral-resource--d3fa15c0-349d-46b3-a1fb-a08393fdfb12#fact-resource-facts-1)

Golden Plateau · silver

Historical result

Needs review: historical\_restatement

#### 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 factor: Measured category indicates high confidence in the estimate.

- Positive factor: Open pit mining method suggests lower operating costs.

Evidence · table

> 8

Context: 95

#### Tags used in scoring

**Measured Resource**

Polarity: positive

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

Why it applies: category is "measured"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/ais-material-increase-to-golden-plateau-mineral-resource--d3fa15c0-349d-46b3-a1fb-a08393fdfb12#fact-resource-facts-2)

Golden Plateau · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: Indicated category provides reasonable geological confidence.

- Positive factor: Open pit mining method suggests lower operating costs.

- Positive factor: 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 Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/ais-material-increase-to-golden-plateau-mineral-resource--d3fa15c0-349d-46b3-a1fb-a08393fdfb12#fact-resource-facts-3)

Golden Plateau · silver

Historical result

Needs review: historical\_restatement

#### 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 factor: Indicated category provides reasonable geological confidence.

- Positive factor: Open pit mining method suggests lower operating costs.

Evidence · table

> 5

Context: 910

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/ais-material-increase-to-golden-plateau-mineral-resource--d3fa15c0-349d-46b3-a1fb-a08393fdfb12#fact-resource-facts-4)

Golden Plateau · gold

#### 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 factor: Open pit mining method suggests lower operating costs.

- Positive factor: Grade of 1.8 g/t Au is moderate for an open pit gold resource.

- Negative factor: Inferred category indicates lower geological confidence.

- Negative factor: Some Inferred resources extend beyond drill data.

Evidence · table

> 1.8

Context: 1,500

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/ais-material-increase-to-golden-plateau-mineral-resource--d3fa15c0-349d-46b3-a1fb-a08393fdfb12#fact-resource-facts-5)

Golden Plateau · silver

Historical result

Needs review: historical\_restatement

#### 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 factor: Open pit mining method suggests lower operating costs.

- Negative factor: Inferred category indicates lower geological confidence.

- Negative factor: Some Inferred resources extend beyond drill data.

Evidence · table

> 7

Context: 1,500

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/ais-material-increase-to-golden-plateau-mineral-resource--d3fa15c0-349d-46b3-a1fb-a08393fdfb12#fact-resource-facts-6)

Golden Plateau · gold

#### 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 factor: Measured category indicates high confidence in the estimate.

- Positive factor: 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 Resource**

Polarity: positive

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

Why it applies: category is "measured"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/ais-material-increase-to-golden-plateau-mineral-resource--d3fa15c0-349d-46b3-a1fb-a08393fdfb12#fact-resource-facts-7)

Golden Plateau · silver

#### 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 factor: Measured category indicates high confidence in the estimate.

Evidence · table

> 11

Context: 30

#### Tags used in scoring

**Measured Resource**

Polarity: positive

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

Why it applies: category is "measured"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/ais-material-increase-to-golden-plateau-mineral-resource--d3fa15c0-349d-46b3-a1fb-a08393fdfb12#fact-resource-facts-8)

Golden Plateau · gold

#### 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 factor: Indicated category provides reasonable geological confidence.

- Positive factor: 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 Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/ais-material-increase-to-golden-plateau-mineral-resource--d3fa15c0-349d-46b3-a1fb-a08393fdfb12#fact-resource-facts-9)

Golden Plateau · silver

#### 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 factor: Indicated category provides reasonable geological confidence.

Evidence · table

> 12

Context: 260

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/ais-material-increase-to-golden-plateau-mineral-resource--d3fa15c0-349d-46b3-a1fb-a08393fdfb12#fact-resource-facts-10)

Golden Plateau · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: Grade of 2.4 g/t Au is weak for an underground gold resource.

- Negative factor: Inferred category indicates lower geological confidence.

- Negative factor: Some Inferred resources extend beyond drill data.

Evidence · table

> 2.4

Context: 240

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/ais-material-increase-to-golden-plateau-mineral-resource--d3fa15c0-349d-46b3-a1fb-a08393fdfb12#fact-resource-facts-11)

Golden Plateau · silver

#### 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 factor: Inferred category indicates lower geological confidence.

- Negative factor: Some Inferred resources extend beyond drill data.

Evidence · table

> 15

Context: 240

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/ais-material-increase-to-golden-plateau-mineral-resource--d3fa15c0-349d-46b3-a1fb-a08393fdfb12#fact-resource-facts-12)

Golden Plateau · gold

#### 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 factor: Measured category indicates high confidence in the estimate.

- Positive factor: 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 Resource**

Polarity: positive

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

Why it applies: category is "measured"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/ais-material-increase-to-golden-plateau-mineral-resource--d3fa15c0-349d-46b3-a1fb-a08393fdfb12#fact-resource-facts-13)

Golden Plateau · silver

Historical result

Needs review: historical\_restatement

#### 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 factor: Measured category indicates high confidence in the estimate.

Evidence · table

> 8

Context: 130

#### Tags used in scoring

**Measured Resource**

Polarity: positive

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

Why it applies: category is "measured"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/ais-material-increase-to-golden-plateau-mineral-resource--d3fa15c0-349d-46b3-a1fb-a08393fdfb12#fact-resource-facts-14)

Golden Plateau · gold

#### 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 factor: Indicated category provides reasonable geological confidence.

- Positive factor: Significant increase in tonnage and contained metal compared to prior estimate.

- Positive factor: Grade of 2.3 g/t Au is strong for a combined mining method resource.

- Negative factor: Grade declined from 3.5 g/t Au in the prior estimate.

Evidence · table

> 2.3

Context: 1,200

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Tonnage Growth**

Polarity: positive

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

Why it applies: 1200000 against 120000 previously

**Grade Decline**

Polarity: negative

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

Why it applies: 2.3 against 3.5 previously

**Contained Metal Growth**

Polarity: positive

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

Why it applies: 86 against 14 previously

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/ais-material-increase-to-golden-plateau-mineral-resource--d3fa15c0-349d-46b3-a1fb-a08393fdfb12#fact-resource-facts-15)

Golden Plateau · silver

Historical result

Needs review: historical\_restatement

#### 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 factor: Indicated category provides reasonable geological confidence.

- Positive factor: Significant increase in tonnage and contained metal compared to prior estimate.

- Negative factor: Grade declined from 15 g/t Ag in the prior estimate.

Evidence · table

> 7

Context: 1,200

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Tonnage Growth**

Polarity: positive

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

Why it applies: 1200000 against 120000 previously

**Grade Decline**

Polarity: negative

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

Why it applies: 7 against 15 previously

**Contained Metal Growth**

Polarity: positive

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

Why it applies: 250 against 59 previously

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/ais-material-increase-to-golden-plateau-mineral-resource--d3fa15c0-349d-46b3-a1fb-a08393fdfb12#fact-resource-facts-16)

Golden Plateau · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: Significant increase in tonnage and contained metal compared to prior estimate.

- Negative factor: Inferred category indicates lower geological confidence.

- Negative factor: Grade declined from 3.0 g/t Au in the prior estimate.

- Negative factor: Some Inferred resources extend beyond drill data.

Evidence · table

> 1.9

Context: 1,700

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Tonnage Growth**

Polarity: positive

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

Why it applies: 1700000 against 510000 previously

**Grade Decline**

Polarity: negative

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

Why it applies: 1.9 against 3 previously

**Contained Metal Growth**

Polarity: positive

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

Why it applies: 100 against 50 previously

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/ais-material-increase-to-golden-plateau-mineral-resource--d3fa15c0-349d-46b3-a1fb-a08393fdfb12#fact-resource-facts-17)

Golden Plateau · silver

#### 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 factor: Significant increase in tonnage and contained metal compared to prior estimate.

- Negative factor: Inferred category indicates lower geological confidence.

- Negative factor: Grade declined from 11 g/t Ag in the prior estimate.

- Negative factor: Some Inferred resources extend beyond drill data.

Evidence · table

> 9

Context: 1,700

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Tonnage Growth**

Polarity: positive

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

Why it applies: 1700000 against 510000 previously

**Grade Decline**

Polarity: negative

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

Why it applies: 9 against 11 previously

**Contained Metal Growth**

Polarity: positive

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

Why it applies: 470 against 180 previously

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### Fact 19

[Link to this fact](https://atlas-staging.minestarters.com/news/ais-material-increase-to-golden-plateau-mineral-resource--d3fa15c0-349d-46b3-a1fb-a08393fdfb12#fact-resource-facts-18)

Golden Plateau · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: Significant increase in total tonnage \(370%\) and contained gold \(220%\) compared to prior estimate.

- Positive factor: Overall resource grade of 2.1 g/t Au is strong for a combined mining method resource.

- Negative factor: 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 Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Tonnage Growth**

Polarity: positive

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

Why it applies: 3000000 against 640000 previously

**Grade Decline**

Polarity: negative

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

Why it applies: 2.1 against 3.1 previously

**Contained Metal Growth**

Polarity: positive

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

Why it applies: 200 against 63 previously

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### Fact 20

[Link to this fact](https://atlas-staging.minestarters.com/news/ais-material-increase-to-golden-plateau-mineral-resource--d3fa15c0-349d-46b3-a1fb-a08393fdfb12#fact-resource-facts-19)

Golden Plateau · silver

Historical result

Needs review: historical\_restatement

#### 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 factor: Significant increase in total tonnage \(370%\) and contained silver \(200%\) compared to prior estimate.

- Negative factor: Overall grade declined from 12 g/t Ag in the prior estimate.

Evidence · table

> 8

Context: 3,000

#### Tags used in scoring

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Tonnage Growth**

Polarity: positive

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

Why it applies: 3000000 against 640000 previously

**Grade Decline**

Polarity: negative

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

Why it applies: 8 against 12 previously

**Contained Metal Growth**

Polarity: positive

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

Why it applies: 750 against 250 previously

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### Fact 21

[Link to this fact](https://atlas-staging.minestarters.com/news/ais-material-increase-to-golden-plateau-mineral-resource--d3fa15c0-349d-46b3-a1fb-a08393fdfb12#fact-resource-facts-20)

Golden Plateau · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: This is a historical estimate, not new information.

Evidence · table

> 2.8

Context: 150

#### Tags used in scoring

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### Fact 22

[Link to this fact](https://atlas-staging.minestarters.com/news/ais-material-increase-to-golden-plateau-mineral-resource--d3fa15c0-349d-46b3-a1fb-a08393fdfb12#fact-resource-facts-21)

Golden Plateau · silver

Historical result

Needs review: historical\_restatement

#### 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 factor: This is a historical estimate, not new information.

Evidence · table

> 14

Context: 150

#### Tags used in scoring

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### Fact 23

[Link to this fact](https://atlas-staging.minestarters.com/news/ais-material-increase-to-golden-plateau-mineral-resource--d3fa15c0-349d-46b3-a1fb-a08393fdfb12#fact-resource-facts-22)

Golden Plateau · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: This is a historical estimate, not new information.

- Negative factor: 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 Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### Fact 24

[Link to this fact](https://atlas-staging.minestarters.com/news/ais-material-increase-to-golden-plateau-mineral-resource--d3fa15c0-349d-46b3-a1fb-a08393fdfb12#fact-resource-facts-23)

Golden Plateau · silver

Historical result

Needs review: historical\_restatement

#### 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 factor: This is a historical estimate, not new information.

- Negative factor: Cut-off grade was higher in the prior estimate, making direct comparison challenging.

Evidence · table

> 11

Context: 490

#### Tags used in scoring

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### Fact 25

[Link to this fact](https://atlas-staging.minestarters.com/news/ais-material-increase-to-golden-plateau-mineral-resource--d3fa15c0-349d-46b3-a1fb-a08393fdfb12#fact-resource-facts-24)

Golden Plateau · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: This is a historical estimate, not new information.

Evidence · table

> 3.1

Context: 640

#### Tags used in scoring

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### Fact 26

[Link to this fact](https://atlas-staging.minestarters.com/news/ais-material-increase-to-golden-plateau-mineral-resource--d3fa15c0-349d-46b3-a1fb-a08393fdfb12#fact-resource-facts-25)

Golden Plateau · silver

Historical result

Needs review: historical\_restatement

#### 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 factor: This is a historical estimate, not new information.

Evidence · table

> 12

Context: 640

#### Tags used in scoring

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/ais-material-increase-to-golden-plateau-mineral-resource--d3fa15c0-349d-46b3-a1fb-a08393fdfb12#fact-resource-facts-26)

Golden Plateau · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: Open pit mining method suggests lower operating costs.

- Positive factor: Grade of 1.8 g/t Au is moderate for an open pit gold resource.

- Negative factor: Inferred category indicates lower geological confidence.

- Negative factor: Some Inferred resources extend beyond drill data.

Evidence · table

> 1.9

Context: 2,500

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/ais-material-increase-to-golden-plateau-mineral-resource--d3fa15c0-349d-46b3-a1fb-a08393fdfb12#fact-resource-facts-27)

Golden Plateau · silver

Historical result

Needs review: historical\_restatement

#### 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 factor: Open pit mining method suggests lower operating costs.

- Positive factor: Grade of 1.8 g/t Au is moderate for an open pit gold resource.

- Negative factor: Inferred category indicates lower geological confidence.

- Negative factor: Some Inferred resources extend beyond drill data.

Evidence · table

> 7

Context: 2,500

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/ais-material-increase-to-golden-plateau-mineral-resource--d3fa15c0-349d-46b3-a1fb-a08393fdfb12#fact-resource-facts-28)

Golden Plateau · gold

#### 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 factor: Open pit mining method suggests lower operating costs.

- Positive factor: Grade of 1.8 g/t Au is moderate for an open pit gold resource.

- Negative factor: Inferred category indicates lower geological confidence.

- Negative factor: Some Inferred resources extend beyond drill data.

Evidence · table

> 2.9

Context: 530

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/ais-material-increase-to-golden-plateau-mineral-resource--d3fa15c0-349d-46b3-a1fb-a08393fdfb12#fact-resource-facts-29)

Golden Plateau · silver

#### 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 factor: Open pit mining method suggests lower operating costs.

- Positive factor: Grade of 1.8 g/t Au is moderate for an open pit gold resource.

- Negative factor: Inferred category indicates lower geological confidence.

- Negative factor: Some Inferred resources extend beyond drill data.

Evidence · table

> 13

Context: 530

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/ais-material-increase-to-golden-plateau-mineral-resource--d3fa15c0-349d-46b3-a1fb-a08393fdfb12#fact-resource-facts-30)

Golden Plateau · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: Open pit mining method suggests lower operating costs.

- Positive factor: Grade of 1.8 g/t Au is moderate for an open pit gold resource.

- Negative factor: Inferred category indicates lower geological confidence.

- Negative factor: Some Inferred resources extend beyond drill data.

Evidence · table

> 2.1

Context: 3,000

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/ais-material-increase-to-golden-plateau-mineral-resource--d3fa15c0-349d-46b3-a1fb-a08393fdfb12#fact-resource-facts-31)

Golden Plateau · silver

Historical result

Needs review: historical\_restatement

#### 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 factor: Open pit mining method suggests lower operating costs.

- Positive factor: Grade of 1.8 g/t Au is moderate for an open pit gold resource.

- Negative factor: Inferred category indicates lower geological confidence.

- Negative factor: Some Inferred resources extend beyond drill data.

Evidence · table

> 8

Context: 3,000

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/ais-material-increase-to-golden-plateau-mineral-resource--d3fa15c0-349d-46b3-a1fb-a08393fdfb12#fact-resource-facts-32)

Golden Plateau · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: This is a historical estimate, not new information.

Evidence · table

> 3.5

Context: 120

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/ais-material-increase-to-golden-plateau-mineral-resource--d3fa15c0-349d-46b3-a1fb-a08393fdfb12#fact-resource-facts-33)

Golden Plateau · silver

Historical result

Needs review: historical\_restatement

#### 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 factor: This is a historical estimate, not new information.

Evidence · table

> 15

Context: 120

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/ais-material-increase-to-golden-plateau-mineral-resource--d3fa15c0-349d-46b3-a1fb-a08393fdfb12#fact-resource-facts-34)

Golden Plateau · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: This is a historical estimate, not new information.

Evidence · table

> 3.0

Context: 510

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/ais-material-increase-to-golden-plateau-mineral-resource--d3fa15c0-349d-46b3-a1fb-a08393fdfb12#fact-resource-facts-35)

Golden Plateau · silver

Historical result

Needs review: historical\_restatement

#### 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 factor: This is a historical estimate, not new information.

Evidence · table

> 11

Context: 510

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/ais-material-increase-to-golden-plateau-mineral-resource--d3fa15c0-349d-46b3-a1fb-a08393fdfb12#fact-resource-facts-36)

Golden Plateau · gold

#### 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 factor: Open pit mining method suggests lower operating costs.

- Positive factor: Grade of 1.8 g/t Au is moderate for an open pit gold resource.

- Negative factor: Inferred category indicates lower geological confidence.

- Negative factor: Some Inferred resources extend beyond drill data.

Evidence · table

> 3.1

Context: 640

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/ais-material-increase-to-golden-plateau-mineral-resource--d3fa15c0-349d-46b3-a1fb-a08393fdfb12#fact-resource-facts-37)

Golden Plateau · silver

#### 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 factor: Open pit mining method suggests lower operating costs.

- Positive factor: Grade of 1.8 g/t Au is moderate for an open pit gold resource.

- Negative factor: Inferred category indicates lower geological confidence.

- Negative factor: Some Inferred resources extend beyond drill data.

Evidence · table

> 12

Context: 640

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/ais-material-increase-to-golden-plateau-mineral-resource--d3fa15c0-349d-46b3-a1fb-a08393fdfb12#fact-resource-facts-38)

Golden Plateau · gold

#### 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 factor: Indicated category provides reasonable geological confidence.

- Positive factor: Open pit mining method suggests lower operating costs.

- Positive factor: 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 Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/ais-material-increase-to-golden-plateau-mineral-resource--d3fa15c0-349d-46b3-a1fb-a08393fdfb12#fact-resource-facts-39)

Golden Plateau · silver

#### 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 factor: Indicated category provides reasonable geological confidence.

- Positive factor: Open pit mining method suggests lower operating costs.

- Positive factor: 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 Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/ais-material-increase-to-golden-plateau-mineral-resource--d3fa15c0-349d-46b3-a1fb-a08393fdfb12#fact-resource-facts-40)

Golden Plateau · gold

#### 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 factor: Open pit mining method suggests lower operating costs.

- Positive factor: Grade of 1.8 g/t Au is moderate for an open pit gold resource.

- Negative factor: Inferred category indicates lower geological confidence.

- Negative factor: Some Inferred resources extend beyond drill data.

Evidence · table

> -1.1

Context: 1,200

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/ais-material-increase-to-golden-plateau-mineral-resource--d3fa15c0-349d-46b3-a1fb-a08393fdfb12#fact-resource-facts-41)

Golden Plateau · silver

#### 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 factor: Open pit mining method suggests lower operating costs.

- Positive factor: Grade of 1.8 g/t Au is moderate for an open pit gold resource.

- Negative factor: Inferred category indicates lower geological confidence.

- Negative factor: Some Inferred resources extend beyond drill data.

Evidence · table

> -2

Context: 1,200

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/ais-material-increase-to-golden-plateau-mineral-resource--d3fa15c0-349d-46b3-a1fb-a08393fdfb12#fact-resource-facts-42)

Golden Plateau · gold

#### 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 factor: Open pit mining method suggests lower operating costs.

- Positive factor: Grade of 1.8 g/t Au is moderate for an open pit gold resource.

- Negative factor: Inferred category indicates lower geological confidence.

- Negative factor: Some Inferred resources extend beyond drill data.

Evidence · table

> -1.0

Context: 2,400

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/ais-material-increase-to-golden-plateau-mineral-resource--d3fa15c0-349d-46b3-a1fb-a08393fdfb12#fact-resource-facts-43)

Golden Plateau · silver

#### 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 factor: Open pit mining method suggests lower operating costs.

- Positive factor: Grade of 1.8 g/t Au is moderate for an open pit gold resource.

- Negative factor: Inferred category indicates lower geological confidence.

- Negative factor: Some Inferred resources extend beyond drill data.

Evidence · table

> -4

Context: 2,400

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Resource Update**

Polarity: neutral

Definition: 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.
