# ALR: 2026 Annual Report to Shareholders

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/alr-2026-annual-report-to-shareholders--7620cb6a-9801-4894-8bd2-97c17dc46eda

Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03146510

Publisher: asx

Original announcement: 2026-09-30T07:07:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-09-30T08:39:51.646Z

Atlas analysis updated: 2026-09-30T08:39:51.646Z

- Company: Altair Minerals Limited

- Ticker: ALR

- Exchange: ASX

- Region: Guyana

- Primary commodity: Gold

- Secondary commodities: Copper, Silver

- Document categories: Drill results, Capital raise, Agreement transaction

- Extracted: 2026-09-30 08:39:52 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Altair Minerals Limited has reported a highly active and successful financial year, securing A$41.2 million in capital raises, including a strategic placement from Endeavour Gold Corporation. These funds are supporting an expanded 75,000m drilling program at the Greater Oko Project in Guyana, which is strategically positioned near world-class gold discoveries. The company has also reported high-grade historical drill intercepts at North Peters and promising new trench results at SOKO, alongside significant project acquisitions and expansions.

Reasoning: Altair Minerals Limited has demonstrated strong operational momentum and financial backing, securing significant capital and a strategic investor to fund an expanded, large-scale exploration program at its highly prospective Greater Oko Project. The project's location near major gold discoveries, coupled with high-grade historical and new trench results, indicates substantial potential, despite the reliance on historical data for some reported intercepts and an ongoing dispute at another project.

- Positive factor: Significant capital raises \(A$13M and A$28.2M\) providing substantial funding for exploration.

- Positive factor: Strategic investment by Endeavour Gold Corporation, a major gold producer, validating the company's potential.

- Positive factor: Acquisition and expansion of the Greater Oko Project in Guyana, a highly prospective gold region.

- Positive factor: Commencement and expansion of a large drilling program \(30,000m to 75,000m\) at Greater Oko.

- Positive factor: High-grade historical drill intercepts at North Peters and promising new trench results at SOKO.

- Positive factor: Project's strategic location along strike from world-class gold discoveries \(Oko West, OMZ, Ghanie\).

- Positive factor: Appointment of experienced technical team and board members, strengthening corporate governance and exploration capabilities.

- Negative factor: Many reported drill results are historical, reducing their novelty.

- Negative factor: All drill intercepts are reported as apparent \(downhole\) widths only, with no true width disclosure.

- Negative factor: No cut-off grades are disclosed for any reported drill intercepts.

- Negative factor: The Olympic Domain project faces an ongoing dispute with BHP, creating uncertainty.

- Negative factor: CuEq calculations for the Olympic Domain project are based on assumptions without metallurgical testwork.

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

Facts used in scoring: 36

## Classification and evidence

**Nearology Play**

Polarity: neutral

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

Why it applies: The company explicitly highlights the Greater Oko Project's proximity and geological similarity to world-class discoveries like Oko West, OMZ, and Ghanie to emphasize its potential.

Evidence · text

> The Greater Oko Project lies along strike on the same Oko Shear Contact as the world-class Oko West, OMZ and Ghanie discoveries

**Stale Data Re-release**

Polarity: negative

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

Why it applies: The document presents numerous historical drill results from North Peters and Old Granny, some dating back to 1996-1998, without indicating new assays or reinterpretation.

Evidence · text

> Between 1996 and 1998 a total of 109 auger drill holes were completed... Some of the significant intercepts of this shallow auger drilling are shown below

**Apparent Width Only**

Polarity: negative

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

Why it applies: All reported drill intercepts are given as downhole lengths without any mention of true width or drill orientation relative to mineralization.

Evidence · text

> 85m @ 4.81g/t Au from 24m \(MM0105\)

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: No cut-off grades are disclosed for any of the reported drill intercepts, making it difficult to assess the compositing methodology.

Evidence · text

> 85m @ 4.81g/t Au from 24m \(MM0105\)

## Extracted facts

Stored fact records: 36. Some facts used in scoring do not have a stored record.

## Drill Results (36)

### MM0105

[Link to this fact](https://atlas-staging.minestarters.com/news/alr-2026-annual-report-to-shareholders--7620cb6a-9801-4894-8bd2-97c17dc46eda#fact-drill-facts-0)

North Peters · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: MM0105
- Project: North Peters
- Commodity: gold
- Region: guyana
- Reported Region: guyana
- Ticker: ALR

#### Geometry

- Grade: 4.81
- Grade Unit: g/t
- Intercept: 85 m
- From: 24 m
- To: 109 m
- Intercept Depth: 24 m

#### Classification

- Deposit Type: orogenic
- Sample Type: drill
- Group ID: MM0105:24-109
- Mining Method: unknown

#### Location

- Location: Main Zone
- CRS: WGS84 UTM Zone 21N
- Loc. Source: document

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This is a high-grade historical gold intercept over a substantial width, indicating significant mineralization potential, though its novelty is limited as it's a re-release of old data.

- Positive factor: High-grade gold intercept \(4.81 g/t Au\) over a significant width \(85m\).

- Negative factor: Result is historical, reducing its novelty.

- Negative factor: Apparent width only, true width not disclosed.

- Negative factor: Cut-off grade not disclosed.

Evidence · text

> 85m @ 4.81g/t Au from 24m \(MM0105\)

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**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

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### MM13808

[Link to this fact](https://atlas-staging.minestarters.com/news/alr-2026-annual-report-to-shareholders--7620cb6a-9801-4894-8bd2-97c17dc46eda#fact-drill-facts-1)

North Peters · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: MM13808
- Project: North Peters
- Commodity: gold
- Region: guyana
- Reported Region: guyana
- Ticker: ALR

#### Geometry

- Grade: 2.4
- Grade Unit: g/t
- Intercept: 89 m
- From: 45 m
- To: 134 m
- Intercept Depth: 45 m

#### Classification

- Deposit Type: orogenic
- Sample Type: drill
- Group ID: MM13808:45-134
- Mining Method: unknown

#### Location

- Location: Main Zone
- CRS: WGS84 UTM Zone 21N
- Loc. Source: document

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This historical gold intercept shows good grade over a considerable width, suggesting continuity of mineralization, but its impact is tempered by its historical nature and lack of true width/cut-off disclosure.

- Positive factor: Good grade gold intercept \(2.40 g/t Au\) over a significant width \(89m\).

- Negative factor: Result is historical, reducing its novelty.

- Negative factor: Apparent width only, true width not disclosed.

- Negative factor: Cut-off grade not disclosed.

Evidence · text

> 89m @ 2.40g/t Au from 45m \(MM13808\)

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**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

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### MM0106

[Link to this fact](https://atlas-staging.minestarters.com/news/alr-2026-annual-report-to-shareholders--7620cb6a-9801-4894-8bd2-97c17dc46eda#fact-drill-facts-2)

North Peters · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: MM0106
- Project: North Peters
- Commodity: gold
- Region: guyana
- Reported Region: guyana
- Ticker: ALR

#### Geometry

- Grade: 1.3
- Grade Unit: g/t
- Intercept: 88 m
- From: 18 m
- To: 106 m
- Intercept Depth: 18 m

#### Classification

- Deposit Type: orogenic
- Sample Type: drill
- Group ID: MM0106:18-106
- Mining Method: unknown

#### Location

- Location: Main Zone
- CRS: WGS84 UTM Zone 21N
- Loc. Source: document

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This historical gold intercept indicates moderate grade mineralization over a substantial width, contributing to the overall understanding of the deposit, but with limited novelty.

- Positive factor: Moderate grade gold intercept \(1.30 g/t Au\) over a significant width \(88m\).

- Negative factor: Result is historical, reducing its novelty.

- Negative factor: Apparent width only, true width not disclosed.

- Negative factor: Cut-off grade not disclosed.

Evidence · text

> 88m @ 1.30g/t Au from 18m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**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

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### MM0106

[Link to this fact](https://atlas-staging.minestarters.com/news/alr-2026-annual-report-to-shareholders--7620cb6a-9801-4894-8bd2-97c17dc46eda#fact-drill-facts-3)

North Peters · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: MM0106
- Project: North Peters
- Commodity: gold
- Region: guyana
- Reported Region: guyana
- Ticker: ALR

#### Geometry

- Grade: 3.92
- Grade Unit: g/t
- Intercept: 22 m
- From: 21 m
- To: 43 m
- Intercept Depth: 21 m

#### Classification

- Deposit Type: orogenic
- Sample Type: drill
- Group ID: MM0106:21-43
- Mining Method: unknown

#### Location

- Location: Main Zone
- CRS: WGS84 UTM Zone 21N
- Loc. Source: document

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This historical sub-interval shows a strong gold grade over a good width, highlighting a higher-grade core within the broader mineralization, but is historical data.

- Positive factor: Higher-grade sub-interval \(3.92 g/t Au\) within a broader zone, indicating localized enrichment.

- Negative factor: Result is historical, reducing its novelty.

- Negative factor: Apparent width only, true width not disclosed.

- Negative factor: Cut-off grade not disclosed.

Evidence · text

> Incl. 22m @ 3.92g/t Au from 21m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**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

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### MM9407

[Link to this fact](https://atlas-staging.minestarters.com/news/alr-2026-annual-report-to-shareholders--7620cb6a-9801-4894-8bd2-97c17dc46eda#fact-drill-facts-4)

North Peters · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: MM9407
- Project: North Peters
- Commodity: gold
- Region: guyana
- Reported Region: guyana
- Ticker: ALR

#### Geometry

- Grade: 1.4
- Grade Unit: g/t
- Intercept: 57 m
- From: 0 m
- To: 57 m
- Intercept Depth: 0 m

#### Classification

- Deposit Type: orogenic
- Sample Type: drill
- Group ID: MM9407:0-57
- Mining Method: unknown

#### Location

- Location: Main Zone
- CRS: WGS84 UTM Zone 21N
- Loc. Source: document

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This historical gold intercept from surface shows moderate grade over a good width, indicating near-surface mineralization, but its novelty is low.

- Positive factor: Moderate grade gold intercept \(1.40 g/t Au\) from surface over a significant width \(57m\).

- Negative factor: Result is historical, reducing its novelty.

- Negative factor: Apparent width only, true width not disclosed.

- Negative factor: Cut-off grade not disclosed.

Evidence · text

> 57m @ 1.40g/t Au from surface

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**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

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### MM9407

[Link to this fact](https://atlas-staging.minestarters.com/news/alr-2026-annual-report-to-shareholders--7620cb6a-9801-4894-8bd2-97c17dc46eda#fact-drill-facts-5)

North Peters · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: MM9407
- Project: North Peters
- Commodity: gold
- Region: guyana
- Reported Region: guyana
- Ticker: ALR

#### Geometry

- Grade: 2.63
- Grade Unit: g/t
- Intercept: 24 m
- From: 0 m
- To: 24 m
- Intercept Depth: 0 m

#### Classification

- Deposit Type: orogenic
- Sample Type: drill
- Group ID: MM9407:0-24
- Mining Method: unknown

#### Location

- Location: Main Zone
- CRS: WGS84 UTM Zone 21N
- Loc. Source: document

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This historical sub-interval shows a good gold grade from surface, highlighting a more enriched zone within the broader mineralization, but is historical data.

- Positive factor: Good grade sub-interval \(2.63 g/t Au\) from surface, indicating a higher-grade zone.

- Negative factor: Result is historical, reducing its novelty.

- Negative factor: Apparent width only, true width not disclosed.

- Negative factor: Cut-off grade not disclosed.

Evidence · text

> Incl. 24m @ 2.63g/t Au from surface

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**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

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### MM13808

[Link to this fact](https://atlas-staging.minestarters.com/news/alr-2026-annual-report-to-shareholders--7620cb6a-9801-4894-8bd2-97c17dc46eda#fact-drill-facts-6)

North Peters · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: MM13808
- Project: North Peters
- Commodity: gold
- Region: guyana
- Reported Region: guyana
- Ticker: ALR

#### Geometry

- Grade: 7.17
- Grade Unit: g/t
- Intercept: 24 m
- From: 51 m
- To: 75 m
- Intercept Depth: 51 m

#### Classification

- Deposit Type: orogenic
- Sample Type: drill
- Group ID: MM13808:51-75
- Mining Method: unknown

#### Location

- Location: Main Zone
- CRS: WGS84 UTM Zone 21N
- Loc. Source: document

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This historical sub-interval represents a high-grade gold zone over a good width, indicating significant localized enrichment, but its novelty is low.

- Positive factor: High-grade gold sub-interval \(7.17 g/t Au\) over a good width \(24m\).

- Negative factor: Result is historical, reducing its novelty.

- Negative factor: Apparent width only, true width not disclosed.

- Negative factor: Cut-off grade not disclosed.

Evidence · text

> Incl. 24m @ 7.17g/t Au from 51m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**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

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

#### Rejected tags

**Bonanza Intercept** — Rejected; excluded from scoring

Polarity: positive

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

Reason: The gold grade of 7.17 g/t over 24m exceeds the 5 g/t exceptional threshold for gold in an open pit setting, indicating a very high-grade zone.

Evidence · text

> 24m @ 7.17g/t Au

### MM4206

[Link to this fact](https://atlas-staging.minestarters.com/news/alr-2026-annual-report-to-shareholders--7620cb6a-9801-4894-8bd2-97c17dc46eda#fact-drill-facts-7)

North Peters · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: MM4206
- Project: North Peters
- Commodity: gold
- Region: guyana
- Reported Region: guyana
- Ticker: ALR

#### Geometry

- Grade: 2.25
- Grade Unit: g/t
- Intercept: 63 m
- From: 55 m
- To: 118 m
- Intercept Depth: 55 m

#### Classification

- Deposit Type: orogenic
- Sample Type: drill
- Group ID: MM4206:55-118
- Mining Method: unknown

#### Location

- Location: Main Zone
- CRS: WGS84 UTM Zone 21N
- Loc. Source: document

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This historical gold intercept shows good grade over a considerable width, suggesting continuity of mineralization, but its impact is tempered by its historical nature and lack of true width/cut-off disclosure.

- Positive factor: Good grade gold intercept \(2.25 g/t Au\) over a significant width \(63m\).

- Negative factor: Result is historical, reducing its novelty.

- Negative factor: Apparent width only, true width not disclosed.

- Negative factor: Cut-off grade not disclosed.

Evidence · text

> 63m @ 2.25g/t Au from 55m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**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

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### MM4206

[Link to this fact](https://atlas-staging.minestarters.com/news/alr-2026-annual-report-to-shareholders--7620cb6a-9801-4894-8bd2-97c17dc46eda#fact-drill-facts-8)

North Peters · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: MM4206
- Project: North Peters
- Commodity: gold
- Region: guyana
- Reported Region: guyana
- Ticker: ALR

#### Geometry

- Grade: 8.55
- Grade Unit: g/t
- Intercept: 11 m
- From: 57 m
- To: 68 m
- Intercept Depth: 57 m

#### Classification

- Deposit Type: orogenic
- Sample Type: drill
- Group ID: MM4206:57-68
- Mining Method: unknown

#### Location

- Location: Main Zone
- CRS: WGS84 UTM Zone 21N
- Loc. Source: document

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This historical sub-interval represents a high-grade gold zone over a good width, indicating significant localized enrichment, but its novelty is low.

- Positive factor: High-grade gold sub-interval \(8.55 g/t Au\) over a good width \(11m\).

- Negative factor: Result is historical, reducing its novelty.

- Negative factor: Apparent width only, true width not disclosed.

- Negative factor: Cut-off grade not disclosed.

Evidence · text

> Incl. 11m @ 8.55g/t Au from 57m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**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

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

#### Rejected tags

**Bonanza Intercept** — Rejected; excluded from scoring

Polarity: positive

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

Reason: The gold grade of 8.55 g/t over 11m exceeds the 5 g/t exceptional threshold for gold in an open pit setting, indicating a very high-grade zone.

Evidence · text

> 11m @ 8.55g/t Au

### AG-37-96

[Link to this fact](https://atlas-staging.minestarters.com/news/alr-2026-annual-report-to-shareholders--7620cb6a-9801-4894-8bd2-97c17dc46eda#fact-drill-facts-9)

North Peters · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: AG-37-96
- Project: North Peters
- Commodity: gold
- Region: guyana
- Reported Region: guyana
- Ticker: ALR

#### Geometry

- Grade: 33.1
- Grade Unit: g/t
- Intercept: 11 m
- From: 5 m
- To: 16 m
- Intercept Depth: 5 m

#### Classification

- Deposit Type: orogenic
- Sample Type: drill
- Group ID: AG-37-96:5-16
- Mining Method: unknown

#### Location

- Location: Main Zone
- CRS: WGS84 UTM Zone 21N
- Loc. Source: document

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This historical auger drill intercept shows exceptionally high-grade gold over a good width, indicating significant mineralization, but its historical nature and auger sample type limit its immediate impact.

- Positive factor: Exceptionally high-grade gold intercept \(33.1 g/t Au\) over a good width \(11m\).

- Negative factor: Result is historical, reducing its novelty.

- Negative factor: Apparent width only, true width not disclosed.

- Negative factor: Cut-off grade not disclosed.

- Negative factor: Auger drilling typically provides less geological confidence than diamond drilling.

Evidence · text

> AG-37-96: 11m @ 33.1g/t Au from 5m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**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

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

#### Rejected tags

**Bonanza Intercept** — Rejected; excluded from scoring

Polarity: positive

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

Reason: The gold grade of 33.1 g/t over 11m significantly exceeds the 5 g/t exceptional threshold for gold, indicating a bonanza-grade zone.

Evidence · text

> 11m @ 33.1g/t Au

### AG-46-96

[Link to this fact](https://atlas-staging.minestarters.com/news/alr-2026-annual-report-to-shareholders--7620cb6a-9801-4894-8bd2-97c17dc46eda#fact-drill-facts-10)

North Peters · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: AG-46-96
- Project: North Peters
- Commodity: gold
- Region: guyana
- Reported Region: guyana
- Ticker: ALR

#### Geometry

- Grade: 19.1
- Grade Unit: g/t
- Intercept: 11 m
- From: 0 m
- To: 11 m
- Intercept Depth: 0 m

#### Classification

- Deposit Type: orogenic
- Sample Type: drill
- Group ID: AG-46-96:0-11
- Mining Method: unknown

#### Location

- Location: Main Zone
- CRS: WGS84 UTM Zone 21N
- Loc. Source: document

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This historical auger drill intercept shows exceptionally high-grade gold from surface over a good width, indicating significant near-surface mineralization, but its historical nature and auger sample type limit its immediate impact.

- Positive factor: Exceptionally high-grade gold intercept \(19.1 g/t Au\) from surface over a good width \(11m\).

- Negative factor: Result is historical, reducing its novelty.

- Negative factor: Apparent width only, true width not disclosed.

- Negative factor: Cut-off grade not disclosed.

- Negative factor: Auger drilling typically provides less geological confidence than diamond drilling.

Evidence · text

> AG-46-96: 11m @ 19.1g/t Au from surface

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**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

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

#### Rejected tags

**Bonanza Intercept** — Rejected; excluded from scoring

Polarity: positive

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

Reason: The gold grade of 19.1 g/t over 11m significantly exceeds the 5 g/t exceptional threshold for gold, indicating a bonanza-grade zone.

Evidence · text

> 11m @ 19.1g/t Au

### AG-3-98

[Link to this fact](https://atlas-staging.minestarters.com/news/alr-2026-annual-report-to-shareholders--7620cb6a-9801-4894-8bd2-97c17dc46eda#fact-drill-facts-11)

North Peters · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: AG-3-98
- Project: North Peters
- Commodity: gold
- Region: guyana
- Reported Region: guyana
- Ticker: ALR

#### Geometry

- Grade: 11.4
- Grade Unit: g/t
- Intercept: 13 m
- From: 0 m
- To: 13 m
- Intercept Depth: 0 m

#### Classification

- Deposit Type: orogenic
- Sample Type: drill
- Group ID: AG-3-98:0-13
- Mining Method: unknown

#### Location

- Location: Main Zone
- CRS: WGS84 UTM Zone 21N
- Loc. Source: document

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This historical auger drill intercept shows high-grade gold from surface over a good width, indicating significant near-surface mineralization, but its historical nature and auger sample type limit its immediate impact.

- Positive factor: High-grade gold intercept \(11.4 g/t Au\) from surface over a good width \(13m\).

- Negative factor: Result is historical, reducing its novelty.

- Negative factor: Apparent width only, true width not disclosed.

- Negative factor: Cut-off grade not disclosed.

- Negative factor: Auger drilling typically provides less geological confidence than diamond drilling.

Evidence · text

> AG-3-98: 13m @ 11.4g/t Au from surface

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**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

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

#### Rejected tags

**Bonanza Intercept** — Rejected; excluded from scoring

Polarity: positive

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

Reason: The gold grade of 11.4 g/t over 13m exceeds the 5 g/t exceptional threshold for gold, indicating a bonanza-grade zone.

Evidence · text

> 13m @ 11.4g/t Au

### AG-26-98

[Link to this fact](https://atlas-staging.minestarters.com/news/alr-2026-annual-report-to-shareholders--7620cb6a-9801-4894-8bd2-97c17dc46eda#fact-drill-facts-12)

North Peters · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: AG-26-98
- Project: North Peters
- Commodity: gold
- Region: guyana
- Reported Region: guyana
- Ticker: ALR

#### Geometry

- Grade: 8.5
- Grade Unit: g/t
- Intercept: 17 m
- From: 0 m
- To: 17 m
- Intercept Depth: 0 m

#### Classification

- Deposit Type: orogenic
- Sample Type: drill
- Group ID: AG-26-98:0-17
- Mining Method: unknown

#### Location

- Location: Main Zone
- CRS: WGS84 UTM Zone 21N
- Loc. Source: document

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This historical auger drill intercept shows high-grade gold from surface over a good width, indicating significant near-surface mineralization, but its historical nature and auger sample type limit its immediate impact.

- Positive factor: High-grade gold intercept \(8.5 g/t Au\) from surface over a good width \(17m\).

- Negative factor: Result is historical, reducing its novelty.

- Negative factor: Apparent width only, true width not disclosed.

- Negative factor: Cut-off grade not disclosed.

- Negative factor: Auger drilling typically provides less geological confidence than diamond drilling.

Evidence · text

> AG-26-98: 17m @ 8.5g/t Au from surface

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**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

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

#### Rejected tags

**Bonanza Intercept** — Rejected; excluded from scoring

Polarity: positive

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

Reason: The gold grade of 8.5 g/t over 17m exceeds the 5 g/t exceptional threshold for gold, indicating a bonanza-grade zone.

Evidence · text

> 17m @ 8.5g/t Au

### MM0205

[Link to this fact](https://atlas-staging.minestarters.com/news/alr-2026-annual-report-to-shareholders--7620cb6a-9801-4894-8bd2-97c17dc46eda#fact-drill-facts-13)

North Peters · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: MM0205
- Project: North Peters
- Commodity: gold
- Region: guyana
- Reported Region: guyana
- Ticker: ALR

#### Geometry

- Grade: 1.6
- Grade Unit: g/t
- Intercept: 262 m
- From: 30 m
- To: 292 m
- Intercept Depth: 30 m

#### Classification

- Deposit Type: orogenic
- Sample Type: drill
- Group ID: MM0205:30-292
- Mining Method: unknown

#### Location

- Location: Main Zone
- CRS: WGS84 UTM Zone 21N
- Loc. Source: document

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This historical diamond drill intercept shows good gold grade over an exceptionally long width, indicating a very large mineralized system, but its novelty is low.

- Positive factor: Good grade gold intercept \(1.6 g/t Au\) over an exceptionally long width \(262m\).

- Negative factor: Result is historical, reducing its novelty.

- Negative factor: Apparent width only, true width not disclosed.

- Negative factor: Cut-off grade not disclosed.

Evidence · text

> MM0205: 262m @ 1.6g/t Au from 30m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**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

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### MM0205

[Link to this fact](https://atlas-staging.minestarters.com/news/alr-2026-annual-report-to-shareholders--7620cb6a-9801-4894-8bd2-97c17dc46eda#fact-drill-facts-14)

North Peters · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: MM0205
- Project: North Peters
- Commodity: gold
- Region: guyana
- Reported Region: guyana
- Ticker: ALR

#### Geometry

- Grade: 8.5
- Grade Unit: g/t
- Intercept: 38 m
- From: 30 m
- To: 68 m
- Intercept Depth: 30 m

#### Classification

- Deposit Type: orogenic
- Sample Type: drill
- Group ID: MM0205:30-68
- Mining Method: unknown

#### Location

- Location: Main Zone
- CRS: WGS84 UTM Zone 21N
- Loc. Source: document

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This historical sub-interval shows a high gold grade over a significant width, indicating a rich zone within the broader mineralization, but is historical data.

- Positive factor: High-grade gold sub-interval \(8.5 g/t Au\) over a significant width \(38m\).

- Negative factor: Result is historical, reducing its novelty.

- Negative factor: Apparent width only, true width not disclosed.

- Negative factor: Cut-off grade not disclosed.

Evidence · text

> Incl. 38m @ 8.5g/t Au from 30m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**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

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

#### Rejected tags

**Bonanza Intercept** — Rejected; excluded from scoring

Polarity: positive

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

Reason: The gold grade of 8.5 g/t over 38m exceeds the 5 g/t exceptional threshold for gold, indicating a bonanza-grade zone.

Evidence · text

> 38m @ 8.5g/t Au

### MMMT003

[Link to this fact](https://atlas-staging.minestarters.com/news/alr-2026-annual-report-to-shareholders--7620cb6a-9801-4894-8bd2-97c17dc46eda#fact-drill-facts-15)

North Peters · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: MMMT003
- Project: North Peters
- Commodity: gold
- Region: guyana
- Reported Region: guyana
- Ticker: ALR

#### Geometry

- Grade: 10.6
- Grade Unit: g/t
- Intercept: 43 m
- From: 0 m
- To: 43 m
- Intercept Depth: 0 m

#### Classification

- Deposit Type: orogenic
- Sample Type: drill
- Group ID: MMMT003:0-43
- Mining Method: unknown

#### Location

- Location: Main Zone
- CRS: WGS84 UTM Zone 21N
- Loc. Source: document

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This historical diamond drill intercept shows exceptionally high-grade gold from surface over a significant width, indicating a very rich near-surface zone, but its novelty is low.

- Positive factor: Exceptionally high-grade gold intercept \(10.6 g/t Au\) from surface over a significant width \(43m\).

- Negative factor: Result is historical, reducing its novelty.

- Negative factor: Apparent width only, true width not disclosed.

- Negative factor: Cut-off grade not disclosed.

Evidence · text

> MMMT003: 43m @ 10.6g/t Au from surface

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**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

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

#### Rejected tags

**Bonanza Intercept** — Rejected; excluded from scoring

Polarity: positive

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

Reason: The gold grade of 10.6 g/t over 43m exceeds the 5 g/t exceptional threshold for gold, indicating a bonanza-grade zone.

Evidence · text

> 43m @ 10.6g/t Au

### MM5006

[Link to this fact](https://atlas-staging.minestarters.com/news/alr-2026-annual-report-to-shareholders--7620cb6a-9801-4894-8bd2-97c17dc46eda#fact-drill-facts-16)

North Peters · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: MM5006
- Project: North Peters
- Commodity: gold
- Region: guyana
- Reported Region: guyana
- Ticker: ALR

#### Geometry

- Grade: 1.1
- Grade Unit: g/t
- Intercept: 226 m
- From: 0 m
- To: 226 m
- Intercept Depth: 0 m

#### Classification

- Deposit Type: orogenic
- Sample Type: drill
- Group ID: MM5006:0-226
- Mining Method: unknown

#### Location

- Location: Main Zone
- CRS: WGS84 UTM Zone 21N
- Loc. Source: document

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This historical diamond drill intercept shows moderate gold grade from surface over an exceptionally long width, indicating a very large near-surface mineralized system, but its novelty is low.

- Positive factor: Moderate grade gold intercept \(1.1 g/t Au\) from surface over an exceptionally long width \(226m\).

- Negative factor: Result is historical, reducing its novelty.

- Negative factor: Apparent width only, true width not disclosed.

- Negative factor: Cut-off grade not disclosed.

Evidence · text

> MM5006: 226m @ 1.1g/t Au from surface

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**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

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### MM4106

[Link to this fact](https://atlas-staging.minestarters.com/news/alr-2026-annual-report-to-shareholders--7620cb6a-9801-4894-8bd2-97c17dc46eda#fact-drill-facts-17)

North Peters · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: MM4106
- Project: North Peters
- Commodity: gold
- Region: guyana
- Reported Region: guyana
- Ticker: ALR

#### Geometry

- Grade: 2
- Grade Unit: g/t
- Intercept: 109 m
- From: 47 m
- To: 156 m
- Intercept Depth: 47 m

#### Classification

- Deposit Type: orogenic
- Sample Type: drill
- Group ID: MM4106:47-156
- Mining Method: unknown

#### Location

- Location: Main Zone
- CRS: WGS84 UTM Zone 21N
- Loc. Source: document

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This historical diamond drill intercept shows good gold grade over a very long width, indicating a substantial mineralized zone, but its novelty is low.

- Positive factor: Good grade gold intercept \(2.0 g/t Au\) over a very long width \(109m\).

- Negative factor: Result is historical, reducing its novelty.

- Negative factor: Apparent width only, true width not disclosed.

- Negative factor: Cut-off grade not disclosed.

Evidence · text

> MM4106: 109m @ 2.0g/t Au from 47m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**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

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### MM39-06

[Link to this fact](https://atlas-staging.minestarters.com/news/alr-2026-annual-report-to-shareholders--7620cb6a-9801-4894-8bd2-97c17dc46eda#fact-drill-facts-18)

North Peters · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: MM39-06
- Project: North Peters
- Commodity: gold
- Region: guyana
- Reported Region: guyana
- Ticker: ALR

#### Geometry

- Grade: 6.1
- Grade Unit: g/t
- Intercept: 14 m
- From: 49 m
- To: 63 m
- Intercept Depth: 49 m

#### Classification

- Deposit Type: orogenic
- Sample Type: drill
- Group ID: MM39-06:49-63
- Mining Method: unknown

#### Location

- Location: Main Zone
- CRS: WGS84 UTM Zone 21N
- Loc. Source: document

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This historical diamond drill intercept shows high-grade gold over a good width, indicating a significant mineralized zone, but its novelty is low.

- Positive factor: High-grade gold intercept \(6.1 g/t Au\) over a good width \(14m\).

- Negative factor: Result is historical, reducing its novelty.

- Negative factor: Apparent width only, true width not disclosed.

- Negative factor: Cut-off grade not disclosed.

Evidence · text

> MM39-06: 14m @ 6.1g/t Au from 49m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**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

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

#### Rejected tags

**Bonanza Intercept** — Rejected; excluded from scoring

Polarity: positive

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

Reason: The gold grade of 6.1 g/t over 14m exceeds the 5 g/t exceptional threshold for gold, indicating a bonanza-grade zone.

Evidence · text

> 14m @ 6.1g/t Au

### MM7407

[Link to this fact](https://atlas-staging.minestarters.com/news/alr-2026-annual-report-to-shareholders--7620cb6a-9801-4894-8bd2-97c17dc46eda#fact-drill-facts-19)

North Peters · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: MM7407
- Project: North Peters
- Commodity: gold
- Region: guyana
- Reported Region: guyana
- Ticker: ALR

#### Geometry

- Grade: 2.2
- Grade Unit: g/t
- Intercept: 32 m
- From: 54 m
- To: 86 m
- Intercept Depth: 54 m

#### Classification

- Deposit Type: orogenic
- Sample Type: drill
- Group ID: MM7407:54-86
- Mining Method: unknown

#### Location

- Location: Main Zone
- CRS: WGS84 UTM Zone 21N
- Loc. Source: document

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This historical diamond drill intercept shows good gold grade over a good width, indicating a mineralized zone, but its novelty is low.

- Positive factor: Good grade gold intercept \(2.2 g/t Au\) over a good width \(32m\).

- Negative factor: Result is historical, reducing its novelty.

- Negative factor: Apparent width only, true width not disclosed.

- Negative factor: Cut-off grade not disclosed.

Evidence · text

> MM7407: 32m @ 2.2g/t Au from 54m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**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

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### MM17510

[Link to this fact](https://atlas-staging.minestarters.com/news/alr-2026-annual-report-to-shareholders--7620cb6a-9801-4894-8bd2-97c17dc46eda#fact-drill-facts-20)

North Peters · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: MM17510
- Project: North Peters
- Commodity: gold
- Region: guyana
- Reported Region: guyana
- Ticker: ALR

#### Geometry

- Grade: 1.3
- Grade Unit: g/t
- Intercept: 104 m
- From: 0 m
- To: 104 m
- Intercept Depth: 0 m

#### Classification

- Deposit Type: orogenic
- Sample Type: drill
- Group ID: MM17510:0-104
- Mining Method: unknown

#### Location

- Location: Main Zone
- CRS: WGS84 UTM Zone 21N
- Loc. Source: document

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This historical diamond drill intercept shows moderate gold grade from surface over a very long width, indicating a substantial near-surface mineralized zone, but its novelty is low.

- Positive factor: Moderate grade gold intercept \(1.3 g/t Au\) from surface over a very long width \(104m\).

- Negative factor: Result is historical, reducing its novelty.

- Negative factor: Apparent width only, true width not disclosed.

- Negative factor: Cut-off grade not disclosed.

Evidence · text

> MM17510: 104m @ 1.3g/t Au from surface

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**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

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### OG1710

[Link to this fact](https://atlas-staging.minestarters.com/news/alr-2026-annual-report-to-shareholders--7620cb6a-9801-4894-8bd2-97c17dc46eda#fact-drill-facts-21)

Old Granny · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: OG1710
- Project: Old Granny
- Commodity: gold
- Region: guyana
- Reported Region: guyana
- Ticker: ALR

#### Geometry

- Grade: 1.28
- Grade Unit: g/t
- Intercept: 24 m
- From: 7 m
- To: 31 m
- Intercept Depth: 7 m

#### Classification

- Deposit Type: orogenic
- Sample Type: drill
- Group ID: OG1710:7-31
- Mining Method: unknown

#### Location

- Location: Main Zone
- CRS: WGS84 UTM Zone 21N
- Loc. Source: document

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This historical gold intercept shows moderate grade over a good width, indicating mineralization at the Old Granny target, but its novelty is low.

- Positive factor: Moderate grade gold intercept \(1.28 g/t Au\) over a good width \(24m\).

- Negative factor: Result is historical, reducing its novelty.

- Negative factor: Apparent width only, true width not disclosed.

- Negative factor: Cut-off grade not disclosed.

Evidence · text

> OG1710: 24m @ 1.28g/t Au from 7m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**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

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### OG1710

[Link to this fact](https://atlas-staging.minestarters.com/news/alr-2026-annual-report-to-shareholders--7620cb6a-9801-4894-8bd2-97c17dc46eda#fact-drill-facts-22)

Old Granny · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: OG1710
- Project: Old Granny
- Commodity: gold
- Region: guyana
- Reported Region: guyana
- Ticker: ALR

#### Geometry

- Grade: 2.07
- Grade Unit: g/t
- Intercept: 14 m
- From: 8 m
- To: 22 m
- Intercept Depth: 8 m

#### Classification

- Deposit Type: orogenic
- Sample Type: drill
- Group ID: OG1710:8-22
- Mining Method: unknown

#### Location

- Location: Main Zone
- CRS: WGS84 UTM Zone 21N
- Loc. Source: document

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This historical sub-interval shows a good gold grade over a good width, indicating a more enriched zone within the Old Granny target, but is historical data.

- Positive factor: Good grade gold sub-interval \(2.07 g/t Au\) over a good width \(14m\).

- Negative factor: Result is historical, reducing its novelty.

- Negative factor: Apparent width only, true width not disclosed.

- Negative factor: Cut-off grade not disclosed.

Evidence · text

> Incl. 14m @ 2.07g/t Au from 8m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**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

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### OG1810

[Link to this fact](https://atlas-staging.minestarters.com/news/alr-2026-annual-report-to-shareholders--7620cb6a-9801-4894-8bd2-97c17dc46eda#fact-drill-facts-23)

Old Granny · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: OG1810
- Project: Old Granny
- Commodity: gold
- Region: guyana
- Reported Region: guyana
- Ticker: ALR

#### Geometry

- Grade: 1.35
- Grade Unit: g/t
- Intercept: 10 m
- From: 8 m
- To: 18 m
- Intercept Depth: 8 m

#### Classification

- Deposit Type: orogenic
- Sample Type: drill
- Group ID: OG1810:8-18
- Mining Method: unknown

#### Location

- Location: Main Zone
- CRS: WGS84 UTM Zone 21N
- Loc. Source: document

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This historical gold intercept shows moderate grade over a good width, indicating mineralization at the Old Granny target, but its novelty is low.

- Positive factor: Moderate grade gold intercept \(1.35 g/t Au\) over a good width \(10m\).

- Negative factor: Result is historical, reducing its novelty.

- Negative factor: Apparent width only, true width not disclosed.

- Negative factor: Cut-off grade not disclosed.

Evidence · text

> OG1810: 10m @ 1.35g/t Au from 8m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**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

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### OG3512

[Link to this fact](https://atlas-staging.minestarters.com/news/alr-2026-annual-report-to-shareholders--7620cb6a-9801-4894-8bd2-97c17dc46eda#fact-drill-facts-24)

Old Granny · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: OG3512
- Project: Old Granny
- Commodity: gold
- Region: guyana
- Reported Region: guyana
- Ticker: ALR

#### Geometry

- Grade: 2.04
- Grade Unit: g/t
- Intercept: 12 m
- From: 252 m
- To: 264 m
- Intercept Depth: 252 m

#### Classification

- Deposit Type: orogenic
- Sample Type: drill
- Group ID: OG3512:252-264
- Mining Method: unknown

#### Location

- Location: Main Zone
- CRS: WGS84 UTM Zone 21N
- Loc. Source: document

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This historical gold intercept shows good grade over a good width at a deeper level, indicating mineralization extends at depth at the Old Granny target, but its novelty is low.

- Positive factor: Good grade gold intercept \(2.04 g/t Au\) over a good width \(12m\) at depth.

- Negative factor: Result is historical, reducing its novelty.

- Negative factor: Apparent width only, true width not disclosed.

- Negative factor: Cut-off grade not disclosed.

Evidence · text

> OG3512: 12m @ 2.04g/t Au from 252m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**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

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### OG1007

[Link to this fact](https://atlas-staging.minestarters.com/news/alr-2026-annual-report-to-shareholders--7620cb6a-9801-4894-8bd2-97c17dc46eda#fact-drill-facts-25)

Old Granny · gold

Historical result

Needs review: ungrounded

#### Identity

- Hole ID: OG1007
- Project: Old Granny
- Commodity: gold
- Region: guyana
- Reported Region: guyana
- Ticker: ALR

#### Geometry

- Grade: 2.24
- Grade Unit: g/t
- Intercept: 9 m

#### Classification

- Deposit Type: orogenic
- Sample Type: drill
- Mining Method: unknown

#### Location

- CRS: WGS84 UTM Zone 21N

#### Review

- Needs Review: Yes
- Review Reason: ungrounded
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This historical gold intercept shows good grade over a moderate width, indicating mineralization at the Old Granny target, but its novelty is low and depth information is missing.

- Positive factor: Good grade gold intercept \(2.24 g/t Au\) over a moderate width \(9m\).

- Negative factor: Result is historical, reducing its novelty.

- Negative factor: Apparent width only, true width not disclosed.

- Negative factor: Cut-off grade not disclosed.

- Negative factor: No 'from' depth specified.

Evidence · text

> Hole \#1007 \(9m @ 2.24g/t Au\)

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**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

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### Fact 27

[Link to this fact](https://atlas-staging.minestarters.com/news/alr-2026-annual-report-to-shareholders--7620cb6a-9801-4894-8bd2-97c17dc46eda#fact-drill-facts-26)

South Oko · gold

#### Identity

- Project: South Oko
- Commodity: gold
- Region: guyana
- Reported Region: Guyana
- Ticker: ALR

#### Geometry

- Grade: 10.15
- Grade Unit: g/t
- Intercept: 10 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: channel
- Mining Method: unknown

#### Review

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

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This maiden trench result at SOKO W1 is a highly positive and novel finding, demonstrating high-grade gold mineralization and supporting the project's exploration model, despite being from trenching rather than drilling.

- Positive factor: High-grade gold intercept \(10.15 g/t Au\) over a good width \(10m\).

- Positive factor: New maiden trench result, indicating fresh exploration success.

- Positive factor: Supports the structurally controlled exploration model.

- Negative factor: Apparent width only, true width not disclosed.

- Negative factor: Cut-off grade not disclosed.

- Negative factor: Trench results are typically less definitive than drill results.

Evidence · text

> maiden trench results from the SOKO W1 target including 10m @ 10.15g/t Au

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**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

#### Rejected tags

**Bonanza Intercept** — Rejected; excluded from scoring

Polarity: positive

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

Reason: The gold grade of 10.15 g/t over 10m significantly exceeds the 5 g/t exceptional threshold for gold, indicating a bonanza-grade zone.

Evidence · text

> 10m @ 10.15g/t Au

### HWDD005

[Link to this fact](https://atlas-staging.minestarters.com/news/alr-2026-annual-report-to-shareholders--7620cb6a-9801-4894-8bd2-97c17dc46eda#fact-drill-facts-27)

Olympic Domain · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: HWDD005
- Project: Olympic Domain
- Commodity: copper
- Region: australia\_sa
- Reported Region: australia\_sa
- Ticker: ALR

#### Geometry

- Grade: 0.68
- Grade Unit: %
- Intercept: 115 m
- From: 1095 m
- To: 1210 m
- Intercept Depth: 1095 m

#### Classification

- Deposit Type: iocg
- Sample Type: drill
- Group ID: HWDD005:1095-1210
- Mining Method: underground

#### Location

- Location: Main Zone
- CRS: WGS84 UTM Zone 21N
- Loc. Source: document

#### Metal Equivalent

- Metal Eq. Grade: 0.68
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This historical intercept shows a good copper equivalent grade over a significant width at depth, indicating potential for IOCG mineralization, but its historical nature and lack of metallurgical validation reduce confidence.

- Positive factor: Good copper equivalent grade \(0.68% CuEq\) over a significant width \(115m\).

- Positive factor: Assumptions for metal equivalent calculation are disclosed.

- Negative factor: Result is historical, reducing its novelty.

- Negative factor: Apparent width only, true width not disclosed.

- Negative factor: Cut-off grade not disclosed.

- Negative factor: No metallurgical work undertaken, adding uncertainty to commercial recoveries.

Evidence · text

> HWDD005: 115m @ 0.68% CuEqi from 1095m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**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

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### HWD1

[Link to this fact](https://atlas-staging.minestarters.com/news/alr-2026-annual-report-to-shareholders--7620cb6a-9801-4894-8bd2-97c17dc46eda#fact-drill-facts-28)

Olympic Domain · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: HWD1
- Project: Olympic Domain
- Commodity: copper
- Region: australia\_sa
- Reported Region: australia\_sa
- Ticker: ALR

#### Geometry

- Grade: 0.35
- Grade Unit: %
- Intercept: 61 m
- From: 901 m
- To: 962 m
- Intercept Depth: 901 m

#### Classification

- Deposit Type: iocg
- Sample Type: drill
- Group ID: HWD1:901-962
- Mining Method: underground

#### Location

- Location: Main Zone
- CRS: WGS84 UTM Zone 21N
- Loc. Source: document

#### Metal Equivalent

- Metal Eq. Grade: 0.35
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This historical intercept shows a moderate copper equivalent grade over a good width at depth, indicating mineralization, but its historical nature and lack of metallurgical validation reduce confidence.

- Positive factor: Moderate copper equivalent grade \(0.35% CuEq\) over a good width \(61m\).

- Positive factor: Assumptions for metal equivalent calculation are disclosed.

- Negative factor: Result is historical, reducing its novelty.

- Negative factor: Apparent width only, true width not disclosed.

- Negative factor: Cut-off grade not disclosed.

- Negative factor: No metallurgical work undertaken, adding uncertainty to commercial recoveries.

Evidence · text

> HWD1: 61m @ 0.35% CuEq from 901m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**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

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### HWDD008

[Link to this fact](https://atlas-staging.minestarters.com/news/alr-2026-annual-report-to-shareholders--7620cb6a-9801-4894-8bd2-97c17dc46eda#fact-drill-facts-29)

Olympic Domain · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: HWDD008
- Project: Olympic Domain
- Commodity: copper
- Region: australia\_sa
- Reported Region: australia\_sa
- Ticker: ALR

#### Geometry

- Grade: 0.33
- Grade Unit: %
- Intercept: 115 m
- From: 1040 m
- To: 1155 m
- Intercept Depth: 1040 m

#### Classification

- Deposit Type: iocg
- Sample Type: drill
- Group ID: HWDD008:1040-1155
- Mining Method: underground

#### Location

- Location: Main Zone
- CRS: WGS84 UTM Zone 21N
- Loc. Source: document

#### Metal Equivalent

- Metal Eq. Grade: 0.33
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This historical intercept shows a moderate copper equivalent grade over a significant width at depth, indicating mineralization, but its historical nature and lack of metallurgical validation reduce confidence.

- Positive factor: Moderate copper equivalent grade \(0.33% CuEq\) over a significant width \(115m\).

- Positive factor: Assumptions for metal equivalent calculation are disclosed.

- Negative factor: Result is historical, reducing its novelty.

- Negative factor: Apparent width only, true width not disclosed.

- Negative factor: Cut-off grade not disclosed.

- Negative factor: No metallurgical work undertaken, adding uncertainty to commercial recoveries.

Evidence · text

> HWDD008: 115m @ 0.33% CuEq from 1040m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**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

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### HWDD005W1

[Link to this fact](https://atlas-staging.minestarters.com/news/alr-2026-annual-report-to-shareholders--7620cb6a-9801-4894-8bd2-97c17dc46eda#fact-drill-facts-30)

Olympic Domain · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: HWDD005W1
- Project: Olympic Domain
- Commodity: copper
- Region: australia\_sa
- Reported Region: australia\_sa
- Ticker: ALR

#### Geometry

- Grade: 0.76
- Grade Unit: %
- Intercept: 70 m
- From: 962 m
- To: 1032 m
- Intercept Depth: 962 m

#### Classification

- Deposit Type: iocg
- Sample Type: drill
- Group ID: HWDD005W1:962-1032
- Mining Method: underground

#### Location

- Location: Main Zone
- CRS: WGS84 UTM Zone 21N
- Loc. Source: document

#### Metal Equivalent

- Metal Eq. Grade: 0.76
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This historical intercept shows a good copper equivalent grade over a good width at depth, indicating potential for IOCG mineralization, but its historical nature and lack of metallurgical validation reduce confidence.

- Positive factor: Good copper equivalent grade \(0.76% CuEq\) over a good width \(70m\).

- Positive factor: Assumptions for metal equivalent calculation are disclosed.

- Negative factor: Result is historical, reducing its novelty.

- Negative factor: Apparent width only, true width not disclosed.

- Negative factor: Cut-off grade not disclosed.

- Negative factor: No metallurgical work undertaken, adding uncertainty to commercial recoveries.

Evidence · text

> HWDD005W1: 70m @ 0.76% CuEq from 962m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**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

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### Fact 32

[Link to this fact](https://atlas-staging.minestarters.com/news/alr-2026-annual-report-to-shareholders--7620cb6a-9801-4894-8bd2-97c17dc46eda#fact-drill-facts-31)

Greater Oko Project · gold

#### Identity

- Project: Greater Oko Project
- Commodity: gold
- Region: guyana
- Reported Region: Guyana
- Ticker: ALR

#### Review

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

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This capital raise is a significant positive, providing substantial funding for the Greater Oko Project and demonstrating investor confidence in the company's exploration strategy.

- Positive factor: Significant capital raise \(A$13.0 million\) provides substantial funding for exploration.

- Positive factor: Placement at A$0.016 per share indicates market confidence.

Evidence · text

> Completion in November 2025 of a A$13.0 million investor-led institutional placement at A$0.016 per share to fund exploration and drilling activities at the Greater Oko Project.

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**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

### Fact 33

[Link to this fact](https://atlas-staging.minestarters.com/news/alr-2026-annual-report-to-shareholders--7620cb6a-9801-4894-8bd2-97c17dc46eda#fact-drill-facts-32)

Greater Oko Project · gold

#### Identity

- Project: Greater Oko Project
- Commodity: gold
- Region: guyana
- Reported Region: Guyana
- Ticker: ALR

#### Review

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

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This strategic placement is a highly positive and material event, bringing in substantial capital and a significant strategic partner, which strongly validates the company's projects and future prospects.

- Positive factor: Very significant capital raise \(A$28.2 million\) provides substantial funding.

- Positive factor: Strategic investment by Endeavour Gold Corporation, a major gold producer, validates the company's potential.

- Positive factor: Placement at a premium price \(A$0.043 per share\) indicates strong market and strategic investor confidence.

Evidence · text

> Completion of a strategic A$28.2 million placement to Endeavour Gold Corporation, a wholly owned subsidiary of Endeavour Mining plc, resulting in Endeavour holding a 9.90% interest in the Company

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**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

### Fact 34

[Link to this fact](https://atlas-staging.minestarters.com/news/alr-2026-annual-report-to-shareholders--7620cb6a-9801-4894-8bd2-97c17dc46eda#fact-drill-facts-33)

Greater Oko Project · gold

#### Identity

- Project: Greater Oko Project
- Commodity: gold
- Region: guyana
- Reported Region: Guyana
- Ticker: ALR

#### Review

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

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: The acquisition of the Greater Oko Project is a highly material and positive transaction, establishing a significant landholding in a prospective gold region and forming the basis for future exploration.

- Positive factor: Acquisition of a large, prospective gold project \(Greater Oko\) provides significant growth potential.

- Positive factor: Consolidation of fragmented tenure in a highly endowed region.

Evidence · text

> On 14 October 2025, the Company announced that it had executed the Definitive Acquisition Agreement for the Greater Oko Project, initially covering approximately 590km².

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**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

### Fact 35

[Link to this fact](https://atlas-staging.minestarters.com/news/alr-2026-annual-report-to-shareholders--7620cb6a-9801-4894-8bd2-97c17dc46eda#fact-drill-facts-34)

Irka Project · copper

#### Identity

- Project: Irka Project
- Commodity: copper
- Region: peru
- Reported Region: Peru
- Ticker: ALR

#### Review

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

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: The option to acquire a substantial interest in the Irka Project represents a positive step for the company's copper portfolio, though the transaction is not yet finalized.

- Positive factor: Exclusive option to acquire a significant interest \(80%\) in a copper project in a world-class belt.

- Negative factor: Acquisition is still subject to due diligence and completion requirements.

Evidence · text

> As at 30 June 2026, Altair held 100% of the remaining 327km² of the project and an exclusive option to acquire an 80% interest in Irka Permit No. N010184917 \(10km²\).

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**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

### Fact 36

[Link to this fact](https://atlas-staging.minestarters.com/news/alr-2026-annual-report-to-shareholders--7620cb6a-9801-4894-8bd2-97c17dc46eda#fact-drill-facts-35)

South Oko · gold

#### Identity

- Project: South Oko
- Commodity: gold
- Region: guyana
- Reported Region: Guyana
- Ticker: ALR

#### Review

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

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This option agreement is a positive and novel development, significantly expanding the company's footprint in a promising gold target area, which could lead to further discoveries.

- Positive factor: Securing an option for critical expansion of the South Oko landholding \(29km²\) enhances project scale and potential.

- Positive factor: Expansion is in a key target area with recent positive trench results.

- Negative factor: The option is subject to due diligence and future payments.

Evidence · text

> On 17 September 2026 the Company announced that it had entered into a binding heads of agreement \(Agreement\) with Henry Alphonso, Lorenzo Alphonso, Clinton Alphonso, and Vincent Thakur \(collectively, Vendor Parties\), who hold a 100% interest and rights to Permits securing a critical expansion to South Oko \(“SOKO”\), expanding its landholding across this target by 29km2 \(“New Permits”\).

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**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

## 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.