ANX: Investor Presentation
Original announcement by asx on
- Company
- Anax Metals Limited
- Ticker
- ANX
- Exchange
- ASX
- Region
- Western Australia
- Primary commodity
- Copper
- Secondary commodities
- Zinc, Lead, Silver, Gold
- Document categories
- Other, Capital raise, Resource update
- Extracted
- 2026-10-12 23:11:38 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Anax Metals has released an investor presentation detailing strong economic metrics from its updated Definitive Feasibility Study for the Whim Creek Project, including a pre-tax NPV of A$501M and a 14-month payback period. The company has received non-binding term sheets for up to A$57M in project funding and reported an updated Measured Mineral Resource for the Mons Cupri deposit. The presentation emphasizes the project's readiness for production, supported by existing permits and infrastructure.
Reasoning: The investor presentation highlights robust economic study results for the Whim Creek Project, significant progress in securing project funding, and an updated resource estimate for Mons Cupri, positioning the company for near-term production. While some resource data is historical, the overall update is positive.
Positive factors
- Strong economic metrics from DFS update (high NPV, IRR, short payback)
- Significant progress on project funding with indicative term sheets received
- Project is fully permitted and has existing infrastructure
- Updated Measured Mineral Resource for Mons Cupri showing tonnage increase
- High proportion of Proven and Probable Reserves (94%) underpinning production target
Negative factors
- Some resource estimates are historical re-releases with no new information
- Aspirational production targets are explicitly stated as not having reasonable grounds
Low confidence — this extraction should be reviewed alongside the original source.
Facts used in scoring: 87
Classification and evidence
High IRRpositive · Story-specific tag
No canonical definition is currently available.
Why it applies: The DFS update reports a 98% IRR at base case prices and 118% at spot prices.
Evidence · text
“98% IRR at base case prices; A$649M at spot”
Short Payback Periodpositive · Story-specific tag
No canonical definition is currently available.
Why it applies: The DFS update indicates a 14-month payback period at base case prices and 12 months at spot prices.
Evidence · text
“14 months Payback At base case prices; 12 months at spot”
Low Initial Capexpositive · Story-specific tag
No canonical definition is currently available.
Why it applies: The DFS update states an all-in development cost of A$91M, with A$77M pre-production capex.
Evidence · text
“A$91M All-in development cost A$77M pre-production capex plus A$14M working capital”
DFS Completepositive · Story-specific tag
No canonical definition is currently available.
Why it applies: The document refers to a 'Whim Creek DFS Update Confirms Outstanding Economics' dated 24 February 2026.
Evidence · text
“Whim Creek DFS Update Confirms Outstanding Economics”
Financing Commitmentspositive · Story-specific tag
No canonical definition is currently available.
Why it applies: The company has received 'several non-binding, indicative term sheets' for up to A$57 million to fund its 80% interest.
Evidence · text
“The Company has received several non-binding, indicative term sheets from a select group of highly reputable and experienced debt and off-take providers. Anax has been very encouraged by the size, structure and implied cost of the financing packages outlined in the respective term sheets which include offers of up to A$57 million to fund Anax’s 80% interest.”
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: Mineral Resource estimates have been prepared by Competent Persons in accordance with the 2012 edition of the JORC Code.
Evidence · text
“The Whim Creek Project Mineral Resource estimates have been prepared by Competent Persons in accordance with the 2012 edition of the JORC Code”
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: Mineral Resource estimates have been prepared by Competent Persons.
Evidence · text
“The Whim Creek Project Mineral Resource estimates have been prepared by Competent Persons”
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: The Mons Cupri deposit has a Measured Mineral Resource of 1.5 Mt.
Evidence · table
“Measured”
Context: Mons Cupri
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: The Mons Cupri deposit has a Proven Ore Reserve of 1.06 Mt.
Evidence · table
“Proven”
Context: Mons Cupri
Category Upgradepositive
Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.
Why it applies: Measured Mineral Resource tonnes for Mons Cupri increased from 1.1Mt to 1.48Mt.
Evidence · text
“Measured Mineral Resource tonnes increased from 1.1Mt to 1.48Mt at a copper equivalent grade of 2.03%”
Historical Estimate Onlynegative
Estimate pre-dates or does not comply with current JORC/NI 43-101 standards — requires verification drilling.
Why it applies: The document explicitly states 'NO NEW INFORMATION – MINERAL RESOURCES' for Whim Creek (2021), Evelyn (2022), and Salt Creek (2022) resources.
Evidence · text
“NO NEW INFORMATION – MINERAL RESOURCES”
Extracted facts
Stored fact records: 85. Some facts used in scoring do not have a stored record.
Resource Estimates (85)
provenWhim Creek Project · copperTonnes: 1060000Grade: 1.46Grade Unit: %View all detailsHide details
Identity
- Project
- Whim Creek Project
- Commodity
- copper
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:8752be0eb1699f55bfe2
- Deposit or zone
- Mons Cupri
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- proven
- Tonnes
- 1060000
- Grade
- 1.46
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2026-02-24
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Proven Open Pit reserve at Mons Cupri provides a high-confidence, economically viable copper component to the project.
Positive factors
- High confidence category (Proven)
- Good grade for open pit copper
Evidence · table
“1.46”
Context: 1.06
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
provenWhim Creek Project · zincTonnes: 1060000Grade: 1.58Grade Unit: %View all detailsHide details
Identity
- Project
- Whim Creek Project
- Commodity
- zinc
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:8752be0eb1699f55bfe2
- Deposit or zone
- Mons Cupri
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- proven
- Tonnes
- 1060000
- Grade
- 1.58
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2026-02-24
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Proven Open Pit reserve at Mons Cupri includes a valuable zinc component, adding to the project's polymetallic nature.
Positive factors
- High confidence category (Proven)
- Good grade for open pit zinc
Evidence · table
“1.58”
Context: 1.06
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
provenWhim Creek Project · leadTonnes: 1060000Grade: 0.68Grade Unit: %View all detailsHide details
Identity
- Project
- Whim Creek Project
- Commodity
- lead
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:8752be0eb1699f55bfe2
- Deposit or zone
- Mons Cupri
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- proven
- Tonnes
- 1060000
- Grade
- 0.68
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2026-02-24
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Proven Open Pit reserve at Mons Cupri also contains a lead component, further diversifying the project's revenue streams.
Positive factors
- High confidence category (Proven)
- Additional valuable metal
Evidence · table
“0.68”
Context: 1.06
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
provenWhim Creek Project · silverTonnes: 1060000Grade: 38Grade Unit: ppmView all detailsHide details
Identity
- Project
- Whim Creek Project
- Commodity
- silver
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:8752be0eb1699f55bfe2
- Deposit or zone
- Mons Cupri
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- proven
- Tonnes
- 1060000
- Grade
- 38
- Grade Unit
- ppm
Prior Estimate
- Resource Date
- 2026-02-24
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Proven Open Pit reserve at Mons Cupri includes a significant silver grade, adding to the project's overall value.
Positive factors
- High confidence category (Proven)
- Good silver grade
Evidence · table
“38”
Context: 1.06
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
provenWhim Creek Project · goldTonnes: 1060000Grade: 0.28Grade Unit: ppmView all detailsHide details
Identity
- Project
- Whim Creek Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:8752be0eb1699f55bfe2
- Deposit or zone
- Mons Cupri
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- proven
- Tonnes
- 1060000
- Grade
- 0.28
- Grade Unit
- ppm
Prior Estimate
- Resource Date
- 2026-02-24
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Proven Open Pit reserve at Mons Cupri contains a gold component, further enhancing the project's economic potential.
Positive factors
- High confidence category (Proven)
- Gold as a valuable byproduct
Evidence · table
“0.28”
Context: 1.06
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
probableWhim Creek Project · copperTonnes: 1490000Grade: 0.83Grade Unit: %View all detailsHide details
Identity
- Project
- Whim Creek Project
- Commodity
- copper
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:185e45e42d97e57d284f
- Deposit or zone
- Mons Cupri
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- probable
- Tonnes
- 1490000
- Grade
- 0.83
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2026-02-24
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Probable Open Pit reserve at Mons Cupri contributes significantly to the overall copper reserve base.
Positive factors
- Probable category adds to reserve base
- Good copper grade for open pit
Evidence · table
“0.83”
Context: 1.49
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
probableWhim Creek Project · zincTonnes: 1490000Grade: 1.08Grade Unit: %View all detailsHide details
Identity
- Project
- Whim Creek Project
- Commodity
- zinc
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:185e45e42d97e57d284f
- Deposit or zone
- Mons Cupri
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- probable
- Tonnes
- 1490000
- Grade
- 1.08
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2026-02-24
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Probable Open Pit reserve at Mons Cupri includes a zinc component, enhancing the polymetallic nature of the reserve.
Positive factors
- Probable category adds to reserve base
- Valuable zinc component
Evidence · table
“1.08”
Context: 1.49
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
probableWhim Creek Project · leadTonnes: 1490000Grade: 0.47Grade Unit: %View all detailsHide details
Identity
- Project
- Whim Creek Project
- Commodity
- lead
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:185e45e42d97e57d284f
- Deposit or zone
- Mons Cupri
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- probable
- Tonnes
- 1490000
- Grade
- 0.47
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2026-02-24
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Probable Open Pit reserve at Mons Cupri also contains a lead component, contributing to the project's overall value.
Positive factors
- Probable category adds to reserve base
- Additional valuable metal
Evidence · table
“0.47”
Context: 1.49
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
probableWhim Creek Project · silverTonnes: 1490000Grade: 23Grade Unit: ppmView all detailsHide details
Identity
- Project
- Whim Creek Project
- Commodity
- silver
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:185e45e42d97e57d284f
- Deposit or zone
- Mons Cupri
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- probable
- Tonnes
- 1490000
- Grade
- 23
- Grade Unit
- ppm
Prior Estimate
- Resource Date
- 2026-02-24
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Probable Open Pit reserve at Mons Cupri includes a silver grade, adding to the project's economic potential.
Positive factors
- Probable category adds to reserve base
- Good silver grade
Evidence · table
“23”
Context: 1.49
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
probableWhim Creek Project · goldTonnes: 1490000Grade: 0.14Grade Unit: ppmView all detailsHide details
Identity
- Project
- Whim Creek Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:185e45e42d97e57d284f
- Deposit or zone
- Mons Cupri
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- probable
- Tonnes
- 1490000
- Grade
- 0.14
- Grade Unit
- ppm
Prior Estimate
- Resource Date
- 2026-02-24
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Probable Open Pit reserve at Mons Cupri contains a gold component, contributing to the project's overall value.
Positive factors
- Probable category adds to reserve base
- Gold as a valuable byproduct
Evidence · table
“0.14”
Context: 1.49
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
probableWhim Creek Project · copperTonnes: 720000Grade: 1.54Grade Unit: %View all detailsHide details
Identity
- Project
- Whim Creek Project
- Commodity
- copper
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:63f15159a86f796e9a40
- Deposit or zone
- Whim Creek
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- probable
- Tonnes
- 720000
- Grade
- 1.54
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2026-02-24
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Probable Open Pit reserve at Whim Creek adds a significant copper component to the overall reserve base.
Positive factors
- Probable category adds to reserve base
- Good copper grade for open pit
Evidence · table
“1.54”
Context: 0.72
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
probableWhim Creek Project · zincTonnes: 720000Grade: 1.14Grade Unit: %View all detailsHide details
Identity
- Project
- Whim Creek Project
- Commodity
- zinc
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:63f15159a86f796e9a40
- Deposit or zone
- Whim Creek
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- probable
- Tonnes
- 720000
- Grade
- 1.14
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2026-02-24
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Probable Open Pit reserve at Whim Creek includes a zinc component, enhancing the polymetallic nature of the reserve.
Positive factors
- Probable category adds to reserve base
- Valuable zinc component
Evidence · table
“1.14”
Context: 0.72
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
probableWhim Creek Project · leadTonnes: 720000Grade: 0.15Grade Unit: %View all detailsHide details
Identity
- Project
- Whim Creek Project
- Commodity
- lead
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:63f15159a86f796e9a40
- Deposit or zone
- Whim Creek
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- probable
- Tonnes
- 720000
- Grade
- 0.15
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2026-02-24
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Probable Open Pit reserve at Whim Creek also contains a lead component, contributing to the project's overall value.
Positive factors
- Probable category adds to reserve base
- Additional valuable metal
Evidence · table
“0.15”
Context: 0.72
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
probableWhim Creek Project · silverTonnes: 720000Grade: 7Grade Unit: ppmView all detailsHide details
Identity
- Project
- Whim Creek Project
- Commodity
- silver
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:63f15159a86f796e9a40
- Deposit or zone
- Whim Creek
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- probable
- Tonnes
- 720000
- Grade
- 7
- Grade Unit
- ppm
Prior Estimate
- Resource Date
- 2026-02-24
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Probable Open Pit reserve at Whim Creek includes a silver grade, adding to the project's economic potential.
Positive factors
- Probable category adds to reserve base
- Silver as a valuable byproduct
Evidence · table
“7”
Context: 0.72
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
probableWhim Creek Project · goldTonnes: 720000Grade: 0.06Grade Unit: ppmView all detailsHide details
Identity
- Project
- Whim Creek Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:63f15159a86f796e9a40
- Deposit or zone
- Whim Creek
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- probable
- Tonnes
- 720000
- Grade
- 0.06
- Grade Unit
- ppm
Prior Estimate
- Resource Date
- 2026-02-24
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Probable Open Pit reserve at Whim Creek contains a gold component, contributing to the project's overall value.
Positive factors
- Probable category adds to reserve base
- Gold as a valuable byproduct
Evidence · table
“0.06”
Context: 0.72
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
probableWhim Creek Project · copperTonnes: 560000Grade: 2.04Grade Unit: %View all detailsHide details
Identity
- Project
- Whim Creek Project
- Commodity
- copper
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:c6e0e6e261c81ef16081
- Deposit or zone
- Evelyn
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- probable
- Tonnes
- 560000
- Grade
- 2.04
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2026-02-24
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Probable Underground reserve at Evelyn provides a high-grade copper component, enhancing the project's overall reserve quality.
Positive factors
- Probable category adds to reserve base
- High copper grade for underground
Evidence · table
“2.04”
Context: 0.56
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
probableWhim Creek Project · zincTonnes: 560000Grade: 3.26Grade Unit: %View all detailsHide details
Identity
- Project
- Whim Creek Project
- Commodity
- zinc
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:c6e0e6e261c81ef16081
- Deposit or zone
- Evelyn
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- probable
- Tonnes
- 560000
- Grade
- 3.26
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2026-02-24
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Probable Underground reserve at Evelyn includes a significant zinc grade, contributing to the project's polymetallic nature.
Positive factors
- Probable category adds to reserve base
- Good zinc grade for underground
Evidence · table
“3.26”
Context: 0.56
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
probableWhim Creek Project · leadTonnes: 560000Grade: 0.23Grade Unit: %View all detailsHide details
Identity
- Project
- Whim Creek Project
- Commodity
- lead
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:c6e0e6e261c81ef16081
- Deposit or zone
- Evelyn
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- probable
- Tonnes
- 560000
- Grade
- 0.23
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2026-02-24
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Probable Underground reserve at Evelyn also contains a lead component, adding to the project's overall value.
Positive factors
- Probable category adds to reserve base
- Additional valuable metal
Evidence · table
“0.23”
Context: 0.56
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
probableWhim Creek Project · silverTonnes: 560000Grade: 34Grade Unit: ppmView all detailsHide details
Identity
- Project
- Whim Creek Project
- Commodity
- silver
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:c6e0e6e261c81ef16081
- Deposit or zone
- Evelyn
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- probable
- Tonnes
- 560000
- Grade
- 34
- Grade Unit
- ppm
Prior Estimate
- Resource Date
- 2026-02-24
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Probable Underground reserve at Evelyn includes a significant silver grade, enhancing the project's economic potential.
Positive factors
- Probable category adds to reserve base
- Good silver grade
Evidence · table
“34”
Context: 0.56
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
probableWhim Creek Project · goldTonnes: 560000Grade: 0.83Grade Unit: ppmView all detailsHide details
Identity
- Project
- Whim Creek Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:c6e0e6e261c81ef16081
- Deposit or zone
- Evelyn
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- probable
- Tonnes
- 560000
- Grade
- 0.83
- Grade Unit
- ppm
Prior Estimate
- Resource Date
- 2026-02-24
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Probable Underground reserve at Evelyn contains a high gold grade, significantly contributing to the project's value.
Positive factors
- Probable category adds to reserve base
- High gold grade for underground
Evidence · table
“0.83”
Context: 0.56
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
probableWhim Creek Project · copperTonnes: 790000Grade: 1.57Grade Unit: %View all detailsHide details
Identity
- Project
- Whim Creek Project
- Commodity
- copper
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:8812f77131a488a9bf5b
- Deposit or zone
- Salt Creek
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- probable
- Tonnes
- 790000
- Grade
- 1.57
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2026-02-24
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Probable Underground reserve at Salt Creek adds a significant copper component to the overall reserve base.
Positive factors
- Probable category adds to reserve base
- Good copper grade for underground
Evidence · table
“1.57”
Context: 0.79
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
probableWhim Creek Project · zincTonnes: 790000Grade: 6Grade Unit: %View all detailsHide details
Identity
- Project
- Whim Creek Project
- Commodity
- zinc
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:8812f77131a488a9bf5b
- Deposit or zone
- Salt Creek
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- probable
- Tonnes
- 790000
- Grade
- 6
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2026-02-24
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Probable Underground reserve at Salt Creek includes a high zinc grade, significantly enhancing the project's polymetallic value.
Positive factors
- Probable category adds to reserve base
- High zinc grade for underground
Evidence · table
“6”
Context: 0.79
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
probableWhim Creek Project · leadTonnes: 790000Grade: 1.83Grade Unit: %View all detailsHide details
Identity
- Project
- Whim Creek Project
- Commodity
- lead
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:8812f77131a488a9bf5b
- Deposit or zone
- Salt Creek
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- probable
- Tonnes
- 790000
- Grade
- 1.83
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2026-02-24
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Probable Underground reserve at Salt Creek also contains a significant lead grade, adding to the project's overall value.
Positive factors
- Probable category adds to reserve base
- Good lead grade for underground
Evidence · table
“1.83”
Context: 0.79
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
probableWhim Creek Project · silverTonnes: 790000Grade: 48Grade Unit: ppmView all detailsHide details
Identity
- Project
- Whim Creek Project
- Commodity
- silver
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:8812f77131a488a9bf5b
- Deposit or zone
- Salt Creek
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- probable
- Tonnes
- 790000
- Grade
- 48
- Grade Unit
- ppm
Prior Estimate
- Resource Date
- 2026-02-24
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Probable Underground reserve at Salt Creek includes a significant silver grade, enhancing the project's economic potential.
Positive factors
- Probable category adds to reserve base
- Good silver grade
Evidence · table
“48”
Context: 0.79
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
probableWhim Creek Project · goldTonnes: 790000Grade: 0.27Grade Unit: ppmView all detailsHide details
Identity
- Project
- Whim Creek Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:8812f77131a488a9bf5b
- Deposit or zone
- Salt Creek
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- probable
- Tonnes
- 790000
- Grade
- 0.27
- Grade Unit
- ppm
Prior Estimate
- Resource Date
- 2026-02-24
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Probable Underground reserve at Salt Creek contains a gold component, contributing to the project's overall value.
Positive factors
- Probable category adds to reserve base
- Gold as a valuable byproduct
Evidence · table
“0.27”
Context: 0.79
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredWhim Creek · copperTonnes: 1500000Grade: 1.22Grade Unit: %View all detailsHide details
Identity
- Project
- Whim Creek
- Commodity
- copper
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:407d861034eb23ad330b
- Deposit or zone
- Mons Cupri
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- measured
- Tonnes
- 1500000
- Grade
- 1.22
- Grade Unit
- %
- Cutoff Grade
- 0.5
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-08-25
Metal Equivalent
- Metal Eq. Grade
- 2.03
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Measured resource at Mons Cupri provides a high-confidence copper component, supporting the project's economic viability.
Positive factors
- Highest confidence category (Measured)
- Good copper grade
- Metal equivalent assumptions disclosed
Evidence · table
“1.22”
Context: 1.5
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredWhim Creek · zincTonnes: 1500000Grade: 1.41Grade Unit: %View all detailsHide details
Identity
- Project
- Whim Creek
- Commodity
- zinc
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:407d861034eb23ad330b
- Deposit or zone
- Mons Cupri
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- measured
- Tonnes
- 1500000
- Grade
- 1.41
- Grade Unit
- %
- Cutoff Grade
- 0.5
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-08-25
Metal Equivalent
- Metal Eq. Grade
- 2.03
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Measured resource at Mons Cupri includes a valuable zinc component, enhancing the polymetallic nature of the resource.
Positive factors
- Highest confidence category (Measured)
- Good zinc grade
- Metal equivalent assumptions disclosed
Evidence · table
“1.41”
Context: 1.5
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredWhim Creek · leadTonnes: 1500000Grade: 0.57Grade Unit: %View all detailsHide details
Identity
- Project
- Whim Creek
- Commodity
- lead
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:407d861034eb23ad330b
- Deposit or zone
- Mons Cupri
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- measured
- Tonnes
- 1500000
- Grade
- 0.57
- Grade Unit
- %
- Cutoff Grade
- 0.5
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-08-25
Metal Equivalent
- Metal Eq. Grade
- 2.03
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Measured resource at Mons Cupri also contains a lead component, contributing to the project's overall value.
Positive factors
- Highest confidence category (Measured)
- Additional valuable metal
- Metal equivalent assumptions disclosed
Evidence · table
“0.57”
Context: 1.5
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredWhim Creek · silverTonnes: 1500000Grade: 31Grade Unit: ppmView all detailsHide details
Identity
- Project
- Whim Creek
- Commodity
- silver
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:407d861034eb23ad330b
- Deposit or zone
- Mons Cupri
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- measured
- Tonnes
- 1500000
- Grade
- 31
- Grade Unit
- ppm
- Cutoff Grade
- 0.5
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-08-25
Metal Equivalent
- Metal Eq. Grade
- 2.03
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Measured resource at Mons Cupri includes a significant silver grade, enhancing the project's economic potential.
Positive factors
- Highest confidence category (Measured)
- Good silver grade
- Metal equivalent assumptions disclosed
Evidence · table
“31”
Context: 1.5
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredWhim Creek · goldTonnes: 1500000Grade: 0.28Grade Unit: ppmView all detailsHide details
Identity
- Project
- Whim Creek
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:407d861034eb23ad330b
- Deposit or zone
- Mons Cupri
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- measured
- Tonnes
- 1500000
- Grade
- 0.28
- Grade Unit
- ppm
- Cutoff Grade
- 0.5
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-08-25
Metal Equivalent
- Metal Eq. Grade
- 2.03
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Measured resource at Mons Cupri contains a gold component, further enhancing the project's economic potential.
Positive factors
- Highest confidence category (Measured)
- Gold as a valuable byproduct
- Metal equivalent assumptions disclosed
Evidence · table
“0.28”
Context: 1.5
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedWhim Creek · copperTonnes: 3500000Grade: 0.75Grade Unit: %View all detailsHide details
Identity
- Project
- Whim Creek
- Commodity
- copper
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:10827477ac083427a449
- Deposit or zone
- Mons Cupri
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 3500000
- Grade
- 0.75
- Grade Unit
- %
- Cutoff Grade
- 0.5
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-08-25
Metal Equivalent
- Metal Eq. Grade
- 1.27
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Indicated resource at Mons Cupri provides a substantial copper component, adding to the project's overall resource base.
Positive factors
- Good confidence category (Indicated)
- Good copper grade
- Metal equivalent assumptions disclosed
Evidence · table
“0.75”
Context: 3.5
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedWhim Creek · zincTonnes: 3500000Grade: 0.92Grade Unit: %View all detailsHide details
Identity
- Project
- Whim Creek
- Commodity
- zinc
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:10827477ac083427a449
- Deposit or zone
- Mons Cupri
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 3500000
- Grade
- 0.92
- Grade Unit
- %
- Cutoff Grade
- 0.5
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-08-25
Metal Equivalent
- Metal Eq. Grade
- 1.27
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Indicated resource at Mons Cupri includes a valuable zinc component, enhancing the polymetallic nature of the resource.
Positive factors
- Good confidence category (Indicated)
- Valuable zinc component
- Metal equivalent assumptions disclosed
Evidence · table
“0.92”
Context: 3.5
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedWhim Creek · leadTonnes: 3500000Grade: 0.4Grade Unit: %View all detailsHide details
Identity
- Project
- Whim Creek
- Commodity
- lead
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:10827477ac083427a449
- Deposit or zone
- Mons Cupri
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 3500000
- Grade
- 0.4
- Grade Unit
- %
- Cutoff Grade
- 0.5
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-08-25
Metal Equivalent
- Metal Eq. Grade
- 1.27
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Indicated resource at Mons Cupri also contains a lead component, contributing to the project's overall value.
Positive factors
- Good confidence category (Indicated)
- Additional valuable metal
- Metal equivalent assumptions disclosed
Evidence · table
“0.40”
Context: 3.5
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedWhim Creek · silverTonnes: 3500000Grade: 21Grade Unit: ppmView all detailsHide details
Identity
- Project
- Whim Creek
- Commodity
- silver
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:10827477ac083427a449
- Deposit or zone
- Mons Cupri
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 3500000
- Grade
- 21
- Grade Unit
- ppm
- Cutoff Grade
- 0.5
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-08-25
Metal Equivalent
- Metal Eq. Grade
- 1.27
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Indicated resource at Mons Cupri includes a silver grade, enhancing the project's economic potential.
Positive factors
- Good confidence category (Indicated)
- Good silver grade
- Metal equivalent assumptions disclosed
Evidence · table
“21”
Context: 3.5
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedWhim Creek · goldTonnes: 3500000Grade: 0.14Grade Unit: ppmView all detailsHide details
Identity
- Project
- Whim Creek
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:10827477ac083427a449
- Deposit or zone
- Mons Cupri
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 3500000
- Grade
- 0.14
- Grade Unit
- ppm
- Cutoff Grade
- 0.5
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-08-25
Metal Equivalent
- Metal Eq. Grade
- 1.27
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Indicated resource at Mons Cupri contains a gold component, further enhancing the project's economic potential.
Positive factors
- Good confidence category (Indicated)
- Gold as a valuable byproduct
- Metal equivalent assumptions disclosed
Evidence · table
“0.14”
Context: 3.5
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredWhim Creek · copperTonnes: 1400000Grade: 0.45Grade Unit: %View all detailsHide details
Identity
- Project
- Whim Creek
- Commodity
- copper
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:dff747f0bd841b3a3ae8
- Deposit or zone
- Mons Cupri
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 1400000
- Grade
- 0.45
- Grade Unit
- %
- Cutoff Grade
- 0.5
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-08-25
Metal Equivalent
- Metal Eq. Grade
- 0.94
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Inferred resource at Mons Cupri adds to the overall copper resource, but with lower geological confidence.
Positive factors
- Adds to overall resource base
- Metal equivalent assumptions disclosed
Negative factors
- Lower confidence category (Inferred)
Evidence · table
“0.45”
Context: 1.4
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredWhim Creek · zincTonnes: 1400000Grade: 1.01Grade Unit: %View all detailsHide details
Identity
- Project
- Whim Creek
- Commodity
- zinc
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:dff747f0bd841b3a3ae8
- Deposit or zone
- Mons Cupri
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 1400000
- Grade
- 1.01
- Grade Unit
- %
- Cutoff Grade
- 0.5
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-08-25
Metal Equivalent
- Metal Eq. Grade
- 0.94
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Inferred resource at Mons Cupri includes a valuable zinc component, but with lower geological confidence.
Positive factors
- Adds to overall resource base
- Valuable zinc component
- Metal equivalent assumptions disclosed
Negative factors
- Lower confidence category (Inferred)
Evidence · table
“1.01”
Context: 1.4
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredWhim Creek · leadTonnes: 1400000Grade: 0.41Grade Unit: %View all detailsHide details
Identity
- Project
- Whim Creek
- Commodity
- lead
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:dff747f0bd841b3a3ae8
- Deposit or zone
- Mons Cupri
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 1400000
- Grade
- 0.41
- Grade Unit
- %
- Cutoff Grade
- 0.5
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-08-25
Metal Equivalent
- Metal Eq. Grade
- 0.94
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Inferred resource at Mons Cupri also contains a lead component, but with lower geological confidence.
Positive factors
- Adds to overall resource base
- Additional valuable metal
- Metal equivalent assumptions disclosed
Negative factors
- Lower confidence category (Inferred)
Evidence · table
“0.41”
Context: 1.4
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredWhim Creek · silverTonnes: 1400000Grade: 21Grade Unit: ppmView all detailsHide details
Identity
- Project
- Whim Creek
- Commodity
- silver
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:dff747f0bd841b3a3ae8
- Deposit or zone
- Mons Cupri
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 1400000
- Grade
- 21
- Grade Unit
- ppm
- Cutoff Grade
- 0.5
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-08-25
Metal Equivalent
- Metal Eq. Grade
- 0.94
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Inferred resource at Mons Cupri includes a silver grade, but with lower geological confidence.
Positive factors
- Adds to overall resource base
- Good silver grade
- Metal equivalent assumptions disclosed
Negative factors
- Lower confidence category (Inferred)
Evidence · table
“21”
Context: 1.4
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredWhim Creek · goldTonnes: 1400000Grade: 0.07Grade Unit: ppmView all detailsHide details
Identity
- Project
- Whim Creek
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:dff747f0bd841b3a3ae8
- Deposit or zone
- Mons Cupri
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 1400000
- Grade
- 0.07
- Grade Unit
- ppm
- Cutoff Grade
- 0.5
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-08-25
Metal Equivalent
- Metal Eq. Grade
- 0.94
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Inferred resource at Mons Cupri contains a gold component, but with lower geological confidence.
Positive factors
- Adds to overall resource base
- Gold as a valuable byproduct
- Metal equivalent assumptions disclosed
Negative factors
- Lower confidence category (Inferred)
Evidence · table
“0.07”
Context: 1.4
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
probableWhim Creek Project · copperTonnes: 4610000Grade: 1.36Grade Unit: %View all detailsHide details
Identity
- Project
- Whim Creek Project
- Commodity
- copper
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:a3461baf3a20101652f9
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- probable
- Tonnes
- 4610000
- Grade
- 1.36
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2026-02-24
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Probable Open Pit reserve at Mons Cupri contributes significantly to the overall copper reserve base. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Probable category adds to reserve base
- Good copper grade for open pit
Evidence · table
“1.36”
Context: 4.61
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
probableWhim Creek Project · zincTonnes: 4610000Grade: 2.31Grade Unit: %View all detailsHide details
Identity
- Project
- Whim Creek Project
- Commodity
- zinc
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:a3461baf3a20101652f9
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- probable
- Tonnes
- 4610000
- Grade
- 2.31
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2026-02-24
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Probable Open Pit reserve at Mons Cupri contributes significantly to the overall copper reserve base. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Probable category adds to reserve base
- Good copper grade for open pit
Evidence · table
“2.31”
Context: 4.61
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
probableWhim Creek Project · leadTonnes: 4610000Grade: 0.67Grade Unit: %View all detailsHide details
Identity
- Project
- Whim Creek Project
- Commodity
- lead
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:a3461baf3a20101652f9
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- probable
- Tonnes
- 4610000
- Grade
- 0.67
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2026-02-24
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Probable Open Pit reserve at Mons Cupri contributes significantly to the overall copper reserve base. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Probable category adds to reserve base
- Good copper grade for open pit
Evidence · table
“0.67”
Context: 4.61
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
probableWhim Creek Project · silverTonnes: 4610000Grade: 30Grade Unit: ppmView all detailsHide details
Identity
- Project
- Whim Creek Project
- Commodity
- silver
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:a3461baf3a20101652f9
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- probable
- Tonnes
- 4610000
- Grade
- 30
- Grade Unit
- ppm
Prior Estimate
- Resource Date
- 2026-02-24
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Probable Open Pit reserve at Mons Cupri contributes significantly to the overall copper reserve base. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Probable category adds to reserve base
- Good copper grade for open pit
Evidence · table
“30”
Context: 4.61
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
probableWhim Creek Project · goldTonnes: 4610000Grade: 0.27Grade Unit: ppmView all detailsHide details
Identity
- Project
- Whim Creek Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:a3461baf3a20101652f9
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- probable
- Tonnes
- 4610000
- Grade
- 0.27
- Grade Unit
- ppm
Prior Estimate
- Resource Date
- 2026-02-24
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Probable Open Pit reserve at Mons Cupri contributes significantly to the overall copper reserve base. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Probable category adds to reserve base
- Good copper grade for open pit
Evidence · table
“0.27”
Context: 4.61
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedWhim Creek · copperTonnes: 1800000Grade: 1.42Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Whim Creek
- Commodity
- copper
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:811fc49275f099cec4ae
- Deposit or zone
- Salt Creek
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 1800000
- Grade
- 1.42
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2022-09-12
Metal Equivalent
- Metal Eq. Grade
- 2.83
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2022-09-12T00:00:00.000Z
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Indicated resource at Salt Creek provides a substantial copper component, but it is a re-release of historical data.
Positive factors
- Good confidence category (Indicated)
- Good copper grade
- Metal equivalent assumptions disclosed
Negative factors
- Historical estimate
Evidence · table
“1.42”
Context: 1.8
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.1 years before this release
indicatedWhim Creek · zincTonnes: 1800000Grade: 4.28Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Whim Creek
- Commodity
- zinc
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:811fc49275f099cec4ae
- Deposit or zone
- Salt Creek
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 1800000
- Grade
- 4.28
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2022-09-12
Metal Equivalent
- Metal Eq. Grade
- 2.83
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2022-09-12T00:00:00.000Z
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Indicated resource at Salt Creek includes a valuable zinc component, but it is a re-release of historical data.
Positive factors
- Good confidence category (Indicated)
- Good zinc grade
- Metal equivalent assumptions disclosed
Negative factors
- Historical estimate
Evidence · table
“4.28”
Context: 1.8
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.1 years before this release
indicatedWhim Creek · leadTonnes: 1800000Grade: 1.26Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Whim Creek
- Commodity
- lead
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:811fc49275f099cec4ae
- Deposit or zone
- Salt Creek
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 1800000
- Grade
- 1.26
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2022-09-12
Metal Equivalent
- Metal Eq. Grade
- 2.83
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2022-09-12T00:00:00.000Z
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Indicated resource at Salt Creek also contains a lead component, but it is a re-release of historical data.
Positive factors
- Good confidence category (Indicated)
- Additional valuable metal
- Metal equivalent assumptions disclosed
Negative factors
- Historical estimate
Evidence · table
“1.26”
Context: 1.8
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.1 years before this release
indicatedWhim Creek · silverTonnes: 1800000Grade: 33Grade Unit: ppmHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Whim Creek
- Commodity
- silver
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:811fc49275f099cec4ae
- Deposit or zone
- Salt Creek
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 1800000
- Grade
- 33
- Grade Unit
- ppm
Prior Estimate
- Resource Date
- 2022-09-12
Metal Equivalent
- Metal Eq. Grade
- 2.83
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2022-09-12T00:00:00.000Z
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Indicated resource at Salt Creek includes a silver grade, but it is a re-release of historical data.
Positive factors
- Good confidence category (Indicated)
- Good silver grade
- Metal equivalent assumptions disclosed
Negative factors
- Historical estimate
Evidence · table
“33”
Context: 1.8
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.1 years before this release
indicatedWhim Creek · goldTonnes: 1800000Grade: 0.21Grade Unit: ppmHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Whim Creek
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:811fc49275f099cec4ae
- Deposit or zone
- Salt Creek
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 1800000
- Grade
- 0.21
- Grade Unit
- ppm
Prior Estimate
- Resource Date
- 2022-09-12
Metal Equivalent
- Metal Eq. Grade
- 2.83
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2022-09-12T00:00:00.000Z
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Indicated resource at Salt Creek contains a gold component, but it is a re-release of historical data.
Positive factors
- Good confidence category (Indicated)
- Gold as a valuable byproduct
- Metal equivalent assumptions disclosed
Negative factors
- Historical estimate
Evidence · table
“0.21”
Context: 1.8
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.1 years before this release
inferredWhim Creek · copperTonnes: 900000Grade: 1.05Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Whim Creek
- Commodity
- copper
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:ddb7bac3e8550db9cd37
- Deposit or zone
- Salt Creek
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 900000
- Grade
- 1.05
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2022-09-12
Metal Equivalent
- Metal Eq. Grade
- 1.61
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2022-09-12T00:00:00.000Z
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Inferred resource at Salt Creek adds to the overall copper resource, but it is a re-release of historical data with lower confidence.
Positive factors
- Adds to overall resource base
- Metal equivalent assumptions disclosed
Negative factors
- Lower confidence category (Inferred)
- Historical estimate
Evidence · table
“1.05”
Context: 0.9
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.1 years before this release
inferredWhim Creek · zincTonnes: 900000Grade: 1.8Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Whim Creek
- Commodity
- zinc
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:ddb7bac3e8550db9cd37
- Deposit or zone
- Salt Creek
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 900000
- Grade
- 1.8
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2022-09-12
Metal Equivalent
- Metal Eq. Grade
- 1.61
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2022-09-12T00:00:00.000Z
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Inferred resource at Salt Creek includes a valuable zinc component, but it is a re-release of historical data with lower confidence.
Positive factors
- Adds to overall resource base
- Valuable zinc component
- Metal equivalent assumptions disclosed
Negative factors
- Lower confidence category (Inferred)
- Historical estimate
Evidence · table
“1.80”
Context: 0.9
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.1 years before this release
inferredWhim Creek · leadTonnes: 900000Grade: 0.56Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Whim Creek
- Commodity
- lead
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:ddb7bac3e8550db9cd37
- Deposit or zone
- Salt Creek
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 900000
- Grade
- 0.56
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2022-09-12
Metal Equivalent
- Metal Eq. Grade
- 1.61
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2022-09-12T00:00:00.000Z
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Inferred resource at Salt Creek also contains a lead component, but it is a re-release of historical data with lower confidence.
Positive factors
- Adds to overall resource base
- Additional valuable metal
- Metal equivalent assumptions disclosed
Negative factors
- Lower confidence category (Inferred)
- Historical estimate
Evidence · table
“0.56”
Context: 0.9
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.1 years before this release
inferredWhim Creek · silverTonnes: 900000Grade: 11Grade Unit: ppmHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Whim Creek
- Commodity
- silver
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:ddb7bac3e8550db9cd37
- Deposit or zone
- Salt Creek
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 900000
- Grade
- 11
- Grade Unit
- ppm
Prior Estimate
- Resource Date
- 2022-09-12
Metal Equivalent
- Metal Eq. Grade
- 1.61
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2022-09-12T00:00:00.000Z
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Inferred resource at Salt Creek includes a silver grade, but it is a re-release of historical data with lower confidence.
Positive factors
- Adds to overall resource base
- Good silver grade
- Metal equivalent assumptions disclosed
Negative factors
- Lower confidence category (Inferred)
- Historical estimate
Evidence · table
“11”
Context: 0.9
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.1 years before this release
inferredWhim Creek · goldTonnes: 900000Grade: 0.08Grade Unit: ppmHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Whim Creek
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:ddb7bac3e8550db9cd37
- Deposit or zone
- Salt Creek
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 900000
- Grade
- 0.08
- Grade Unit
- ppm
Prior Estimate
- Resource Date
- 2022-09-12
Metal Equivalent
- Metal Eq. Grade
- 1.61
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2022-09-12T00:00:00.000Z
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Inferred resource at Salt Creek contains a gold component, but it is a re-release of historical data with lower confidence.
Positive factors
- Adds to overall resource base
- Gold as a valuable byproduct
- Metal equivalent assumptions disclosed
Negative factors
- Lower confidence category (Inferred)
- Historical estimate
Evidence · table
“0.08”
Context: 0.9
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.1 years before this release
indicatedWhim Creek · copperTonnes: 1900000Grade: 1.04Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Whim Creek
- Commodity
- copper
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:d828472648401286088a
- Deposit or zone
- Whim Creek
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 1900000
- Grade
- 1.04
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2021-05-25
Metal Equivalent
- Metal Eq. Grade
- 1.29
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2021-05-25T00:00:00.000Z
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Indicated resource at Whim Creek provides a substantial copper component, but it is a re-release of historical data.
Positive factors
- Good confidence category (Indicated)
- Good copper grade
- Metal equivalent assumptions disclosed
Negative factors
- Historical estimate
Evidence · table
“1.04”
Context: 1.9
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 5.4 years before this release
indicatedWhim Creek · zincTonnes: 1900000Grade: 0.79Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Whim Creek
- Commodity
- zinc
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:d828472648401286088a
- Deposit or zone
- Whim Creek
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 1900000
- Grade
- 0.79
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2021-05-25
Metal Equivalent
- Metal Eq. Grade
- 1.29
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2021-05-25T00:00:00.000Z
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Indicated resource at Whim Creek includes a valuable zinc component, but it is a re-release of historical data.
Positive factors
- Good confidence category (Indicated)
- Valuable zinc component
- Metal equivalent assumptions disclosed
Negative factors
- Historical estimate
Evidence · table
“0.79”
Context: 1.9
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 5.4 years before this release
indicatedWhim Creek · leadTonnes: 1900000Grade: 0.18Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Whim Creek
- Commodity
- lead
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:d828472648401286088a
- Deposit or zone
- Whim Creek
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 1900000
- Grade
- 0.18
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2021-05-25
Metal Equivalent
- Metal Eq. Grade
- 1.29
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2021-05-25T00:00:00.000Z
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Indicated resource at Whim Creek also contains a lead component, but it is a re-release of historical data.
Positive factors
- Good confidence category (Indicated)
- Additional valuable metal
- Metal equivalent assumptions disclosed
Negative factors
- Historical estimate
Evidence · table
“0.18”
Context: 1.9
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 5.4 years before this release
indicatedWhim Creek · silverTonnes: 1900000Grade: 6Grade Unit: ppmHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Whim Creek
- Commodity
- silver
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:d828472648401286088a
- Deposit or zone
- Whim Creek
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 1900000
- Grade
- 6
- Grade Unit
- ppm
Prior Estimate
- Resource Date
- 2021-05-25
Metal Equivalent
- Metal Eq. Grade
- 1.29
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2021-05-25T00:00:00.000Z
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Indicated resource at Whim Creek includes a silver grade, but it is a re-release of historical data.
Positive factors
- Good confidence category (Indicated)
- Silver as a valuable byproduct
- Metal equivalent assumptions disclosed
Negative factors
- Historical estimate
Evidence · table
“6”
Context: 1.9
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 5.4 years before this release
indicatedWhim Creek · goldTonnes: 1900000Grade: 0.05Grade Unit: ppmHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Whim Creek
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:d828472648401286088a
- Deposit or zone
- Whim Creek
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 1900000
- Grade
- 0.05
- Grade Unit
- ppm
Prior Estimate
- Resource Date
- 2021-05-25
Metal Equivalent
- Metal Eq. Grade
- 1.29
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2021-05-25T00:00:00.000Z
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Indicated resource at Whim Creek contains a gold component, but it is a re-release of historical data.
Positive factors
- Good confidence category (Indicated)
- Gold as a valuable byproduct
- Metal equivalent assumptions disclosed
Negative factors
- Historical estimate
Evidence · table
“0.05”
Context: 1.9
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 5.4 years before this release
inferredWhim Creek · copperTonnes: 700000Grade: 0.53Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Whim Creek
- Commodity
- copper
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:35ab16ba9c59d860810e
- Deposit or zone
- Whim Creek
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 700000
- Grade
- 0.53
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2021-05-25
Metal Equivalent
- Metal Eq. Grade
- 0.64
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2021-05-25T00:00:00.000Z
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Inferred resource at Whim Creek adds to the overall copper resource, but it is a re-release of historical data with lower confidence.
Positive factors
- Adds to overall resource base
- Metal equivalent assumptions disclosed
Negative factors
- Lower confidence category (Inferred)
- Historical estimate
Evidence · table
“0.53”
Context: 0.7
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 5.4 years before this release
inferredWhim Creek · zincTonnes: 700000Grade: 0.33Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Whim Creek
- Commodity
- zinc
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:35ab16ba9c59d860810e
- Deposit or zone
- Whim Creek
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 700000
- Grade
- 0.33
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2021-05-25
Metal Equivalent
- Metal Eq. Grade
- 0.64
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2021-05-25T00:00:00.000Z
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Inferred resource at Whim Creek includes a valuable zinc component, but it is a re-release of historical data with lower confidence.
Positive factors
- Adds to overall resource base
- Valuable zinc component
- Metal equivalent assumptions disclosed
Negative factors
- Lower confidence category (Inferred)
- Historical estimate
Evidence · table
“0.33”
Context: 0.7
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 5.4 years before this release
inferredWhim Creek · leadTonnes: 700000Grade: 0.1Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Whim Creek
- Commodity
- lead
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:35ab16ba9c59d860810e
- Deposit or zone
- Whim Creek
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 700000
- Grade
- 0.1
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2021-05-25
Metal Equivalent
- Metal Eq. Grade
- 0.64
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2021-05-25T00:00:00.000Z
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Inferred resource at Whim Creek also contains a lead component, but it is a re-release of historical data with lower confidence.
Positive factors
- Adds to overall resource base
- Additional valuable metal
- Metal equivalent assumptions disclosed
Negative factors
- Lower confidence category (Inferred)
- Historical estimate
Evidence · table
“0.10”
Context: 0.7
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 5.4 years before this release
inferredWhim Creek · silverTonnes: 700000Grade: 3Grade Unit: ppmHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Whim Creek
- Commodity
- silver
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:35ab16ba9c59d860810e
- Deposit or zone
- Whim Creek
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 700000
- Grade
- 3
- Grade Unit
- ppm
Prior Estimate
- Resource Date
- 2021-05-25
Metal Equivalent
- Metal Eq. Grade
- 0.64
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2021-05-25T00:00:00.000Z
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Inferred resource at Whim Creek includes a silver grade, but it is a re-release of historical data with lower confidence.
Positive factors
- Adds to overall resource base
- Silver as a valuable byproduct
- Metal equivalent assumptions disclosed
Negative factors
- Lower confidence category (Inferred)
- Historical estimate
Evidence · table
“3”
Context: 0.7
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 5.4 years before this release
inferredWhim Creek · goldTonnes: 700000Grade: 0.02Grade Unit: ppmHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Whim Creek
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:35ab16ba9c59d860810e
- Deposit or zone
- Whim Creek
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 700000
- Grade
- 0.02
- Grade Unit
- ppm
Prior Estimate
- Resource Date
- 2021-05-25
Metal Equivalent
- Metal Eq. Grade
- 0.64
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2021-05-25T00:00:00.000Z
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Inferred resource at Whim Creek contains a gold component, but it is a re-release of historical data with lower confidence.
Positive factors
- Adds to overall resource base
- Gold as a valuable byproduct
- Metal equivalent assumptions disclosed
Negative factors
- Lower confidence category (Inferred)
- Historical estimate
Evidence · table
“0.02”
Context: 0.7
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 5.4 years before this release
indicatedWhim Creek · copperTonnes: 500000Grade: 2.47Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Whim Creek
- Commodity
- copper
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:fa34c0d5f5191c14b4d9
- Deposit or zone
- Evelyn
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 500000
- Grade
- 2.47
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2022-10-04
Metal Equivalent
- Metal Eq. Grade
- 4.33
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2022-10-04T00:00:00.000Z
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Indicated resource at Evelyn provides a high-grade copper component, but it is a re-release of historical data.
Positive factors
- Good confidence category (Indicated)
- High copper grade
- Metal equivalent assumptions disclosed
Negative factors
- Historical estimate
Evidence · table
“2.47”
Context: 0.5
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.0 years before this release
indicatedWhim Creek · zincTonnes: 500000Grade: 3.97Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Whim Creek
- Commodity
- zinc
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:fa34c0d5f5191c14b4d9
- Deposit or zone
- Evelyn
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 500000
- Grade
- 3.97
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2022-10-04
Metal Equivalent
- Metal Eq. Grade
- 4.33
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2022-10-04T00:00:00.000Z
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Indicated resource at Evelyn includes a high zinc grade, enhancing the polymetallic nature of the resource, but it is a re-release of historical data.
Positive factors
- Good confidence category (Indicated)
- High zinc grade
- Metal equivalent assumptions disclosed
Negative factors
- Historical estimate
Evidence · table
“3.97”
Context: 0.5
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.0 years before this release
indicatedWhim Creek · leadTonnes: 500000Grade: 0.29Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Whim Creek
- Commodity
- lead
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:fa34c0d5f5191c14b4d9
- Deposit or zone
- Evelyn
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 500000
- Grade
- 0.29
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2022-10-04
Metal Equivalent
- Metal Eq. Grade
- 4.33
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2022-10-04T00:00:00.000Z
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Indicated resource at Evelyn also contains a lead component, but it is a re-release of historical data.
Positive factors
- Good confidence category (Indicated)
- Additional valuable metal
- Metal equivalent assumptions disclosed
Negative factors
- Historical estimate
Evidence · table
“0.29”
Context: 0.5
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.0 years before this release
indicatedWhim Creek · silverTonnes: 500000Grade: 42Grade Unit: ppmHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Whim Creek
- Commodity
- silver
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:fa34c0d5f5191c14b4d9
- Deposit or zone
- Evelyn
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 500000
- Grade
- 42
- Grade Unit
- ppm
Prior Estimate
- Resource Date
- 2022-10-04
Metal Equivalent
- Metal Eq. Grade
- 4.33
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2022-10-04T00:00:00.000Z
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Indicated resource at Evelyn includes a high silver grade, significantly enhancing the project's economic potential, but it is a re-release of historical data.
Positive factors
- Good confidence category (Indicated)
- High silver grade
- Metal equivalent assumptions disclosed
Negative factors
- Historical estimate
Evidence · table
“42”
Context: 0.5
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.0 years before this release
indicatedWhim Creek · goldTonnes: 500000Grade: 1Grade Unit: ppmHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Whim Creek
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:fa34c0d5f5191c14b4d9
- Deposit or zone
- Evelyn
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 500000
- Grade
- 1
- Grade Unit
- ppm
Prior Estimate
- Resource Date
- 2022-10-04
Metal Equivalent
- Metal Eq. Grade
- 4.33
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2022-10-04T00:00:00.000Z
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Indicated resource at Evelyn contains a high gold grade, significantly contributing to the project's value, but it is a re-release of historical data.
Positive factors
- Good confidence category (Indicated)
- High gold grade
- Metal equivalent assumptions disclosed
Negative factors
- Historical estimate
Evidence · table
“1.00”
Context: 0.5
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.0 years before this release
inferredWhim Creek · copperTonnes: 100000Grade: 2.84Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Whim Creek
- Commodity
- copper
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:c305161d4504d5611adc
- Deposit or zone
- Evelyn
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 100000
- Grade
- 2.84
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2022-10-04
Metal Equivalent
- Metal Eq. Grade
- 4.52
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2022-10-04T00:00:00.000Z
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Inferred resource at Evelyn adds to the overall copper resource with a high grade, but it is a re-release of historical data with lower confidence.
Positive factors
- Adds to overall resource base
- High copper grade
- Metal equivalent assumptions disclosed
Negative factors
- Lower confidence category (Inferred)
- Historical estimate
Evidence · table
“2.84”
Context: 0.1
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.0 years before this release
inferredWhim Creek · zincTonnes: 100000Grade: 3.62Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Whim Creek
- Commodity
- zinc
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:c305161d4504d5611adc
- Deposit or zone
- Evelyn
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 100000
- Grade
- 3.62
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2022-10-04
Metal Equivalent
- Metal Eq. Grade
- 4.52
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2022-10-04T00:00:00.000Z
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Inferred resource at Evelyn includes a high zinc grade, but it is a re-release of historical data with lower confidence.
Positive factors
- Adds to overall resource base
- High zinc grade
- Metal equivalent assumptions disclosed
Negative factors
- Lower confidence category (Inferred)
- Historical estimate
Evidence · table
“3.62”
Context: 0.1
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.0 years before this release
inferredWhim Creek · leadTonnes: 100000Grade: 0.2Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Whim Creek
- Commodity
- lead
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:c305161d4504d5611adc
- Deposit or zone
- Evelyn
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 100000
- Grade
- 0.2
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2022-10-04
Metal Equivalent
- Metal Eq. Grade
- 4.52
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2022-10-04T00:00:00.000Z
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Inferred resource at Evelyn also contains a lead component, but it is a re-release of historical data with lower confidence.
Positive factors
- Adds to overall resource base
- Additional valuable metal
- Metal equivalent assumptions disclosed
Negative factors
- Lower confidence category (Inferred)
- Historical estimate
Evidence · table
“0.20”
Context: 0.1
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.0 years before this release
inferredWhim Creek · silverTonnes: 100000Grade: 37Grade Unit: ppmHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Whim Creek
- Commodity
- silver
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:c305161d4504d5611adc
- Deposit or zone
- Evelyn
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 100000
- Grade
- 37
- Grade Unit
- ppm
Prior Estimate
- Resource Date
- 2022-10-04
Metal Equivalent
- Metal Eq. Grade
- 4.52
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2022-10-04T00:00:00.000Z
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Inferred resource at Evelyn includes a high silver grade, but it is a re-release of historical data with lower confidence.
Positive factors
- Adds to overall resource base
- High silver grade
- Metal equivalent assumptions disclosed
Negative factors
- Lower confidence category (Inferred)
- Historical estimate
Evidence · table
“37”
Context: 0.1
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.0 years before this release
inferredWhim Creek · goldTonnes: 100000Grade: 0.92Grade Unit: ppmHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Whim Creek
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:c305161d4504d5611adc
- Deposit or zone
- Evelyn
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 100000
- Grade
- 0.92
- Grade Unit
- ppm
Prior Estimate
- Resource Date
- 2022-10-04
Metal Equivalent
- Metal Eq. Grade
- 4.52
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2022-10-04T00:00:00.000Z
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Inferred resource at Evelyn contains a high gold grade, but it is a re-release of historical data with lower confidence.
Positive factors
- Adds to overall resource base
- High gold grade
- Metal equivalent assumptions disclosed
Negative factors
- Lower confidence category (Inferred)
- Historical estimate
Evidence · table
“0.92”
Context: 0.1
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.0 years before this release
indicatedWhim Creek · copperTonnes: 7600000Grade: 1.09Grade Unit: %View all detailsHide details
Identity
- Project
- Whim Creek
- Commodity
- copper
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:20df26a757a40dc4506e
- Deposit or zone
- Mons Cupri
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 7600000
- Grade
- 1.09
- Grade Unit
- %
- Cutoff Grade
- 0.5
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-08-25
Metal Equivalent
- Metal Eq. Grade
- 1.84
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Indicated resource at Mons Cupri provides a substantial copper component, adding to the project's overall resource base. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Good confidence category (Indicated)
- Good copper grade
- Metal equivalent assumptions disclosed
Evidence · table
“1.09”
Context: 7.6
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedWhim Creek · zincTonnes: 7600000Grade: 1.88Grade Unit: %View all detailsHide details
Identity
- Project
- Whim Creek
- Commodity
- zinc
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:20df26a757a40dc4506e
- Deposit or zone
- Mons Cupri
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 7600000
- Grade
- 1.88
- Grade Unit
- %
- Cutoff Grade
- 0.5
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-08-25
Metal Equivalent
- Metal Eq. Grade
- 1.84
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Indicated resource at Mons Cupri provides a substantial copper component, adding to the project's overall resource base. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Good confidence category (Indicated)
- Good copper grade
- Metal equivalent assumptions disclosed
Evidence · table
“1.88”
Context: 7.6
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedWhim Creek · leadTonnes: 7600000Grade: 0.55Grade Unit: %View all detailsHide details
Identity
- Project
- Whim Creek
- Commodity
- lead
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:20df26a757a40dc4506e
- Deposit or zone
- Mons Cupri
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 7600000
- Grade
- 0.55
- Grade Unit
- %
- Cutoff Grade
- 0.5
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-08-25
Metal Equivalent
- Metal Eq. Grade
- 1.84
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Indicated resource at Mons Cupri provides a substantial copper component, adding to the project's overall resource base. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Good confidence category (Indicated)
- Good copper grade
- Metal equivalent assumptions disclosed
Evidence · table
“0.55”
Context: 7.6
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedWhim Creek · silverTonnes: 7600000Grade: 21Grade Unit: ppmView all detailsHide details
Identity
- Project
- Whim Creek
- Commodity
- silver
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:20df26a757a40dc4506e
- Deposit or zone
- Mons Cupri
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 7600000
- Grade
- 21
- Grade Unit
- ppm
- Cutoff Grade
- 0.5
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-08-25
Metal Equivalent
- Metal Eq. Grade
- 1.84
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Indicated resource at Mons Cupri provides a substantial copper component, adding to the project's overall resource base. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Good confidence category (Indicated)
- Good copper grade
- Metal equivalent assumptions disclosed
Evidence · table
“21”
Context: 7.6
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedWhim Creek · goldTonnes: 7600000Grade: 0.19Grade Unit: ppmView all detailsHide details
Identity
- Project
- Whim Creek
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:20df26a757a40dc4506e
- Deposit or zone
- Mons Cupri
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 7600000
- Grade
- 0.19
- Grade Unit
- ppm
- Cutoff Grade
- 0.5
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-08-25
Metal Equivalent
- Metal Eq. Grade
- 1.84
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Indicated resource at Mons Cupri provides a substantial copper component, adding to the project's overall resource base. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Good confidence category (Indicated)
- Good copper grade
- Metal equivalent assumptions disclosed
Evidence · table
“0.19”
Context: 7.6
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredWhim Creek · copperTonnes: 3100000Grade: 0.73Grade Unit: %View all detailsHide details
Identity
- Project
- Whim Creek
- Commodity
- copper
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:8dc47915a6eb6c7e6d13
- Deposit or zone
- Mons Cupri
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 3100000
- Grade
- 0.73
- Grade Unit
- %
- Cutoff Grade
- 0.5
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-08-25
Metal Equivalent
- Metal Eq. Grade
- 1.21
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Inferred resource at Mons Cupri adds to the overall copper resource, but with lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Adds to overall resource base
- Metal equivalent assumptions disclosed
Negative factors
- Lower confidence category (Inferred)
Evidence · table
“0.73”
Context: 3.1
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredWhim Creek · zincTonnes: 3100000Grade: 1.18Grade Unit: %View all detailsHide details
Identity
- Project
- Whim Creek
- Commodity
- zinc
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:8dc47915a6eb6c7e6d13
- Deposit or zone
- Mons Cupri
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 3100000
- Grade
- 1.18
- Grade Unit
- %
- Cutoff Grade
- 0.5
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-08-25
Metal Equivalent
- Metal Eq. Grade
- 1.21
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Inferred resource at Mons Cupri adds to the overall copper resource, but with lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Adds to overall resource base
- Metal equivalent assumptions disclosed
Negative factors
- Lower confidence category (Inferred)
Evidence · table
“1.18”
Context: 3.1
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredWhim Creek · leadTonnes: 3100000Grade: 0.37Grade Unit: %View all detailsHide details
Identity
- Project
- Whim Creek
- Commodity
- lead
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:8dc47915a6eb6c7e6d13
- Deposit or zone
- Mons Cupri
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 3100000
- Grade
- 0.37
- Grade Unit
- %
- Cutoff Grade
- 0.5
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-08-25
Metal Equivalent
- Metal Eq. Grade
- 1.21
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Inferred resource at Mons Cupri adds to the overall copper resource, but with lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Adds to overall resource base
- Metal equivalent assumptions disclosed
Negative factors
- Lower confidence category (Inferred)
Evidence · table
“0.37”
Context: 3.1
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredWhim Creek · silverTonnes: 3100000Grade: 15Grade Unit: ppmView all detailsHide details
Identity
- Project
- Whim Creek
- Commodity
- silver
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:8dc47915a6eb6c7e6d13
- Deposit or zone
- Mons Cupri
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 3100000
- Grade
- 15
- Grade Unit
- ppm
- Cutoff Grade
- 0.5
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-08-25
Metal Equivalent
- Metal Eq. Grade
- 1.21
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Inferred resource at Mons Cupri adds to the overall copper resource, but with lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Adds to overall resource base
- Metal equivalent assumptions disclosed
Negative factors
- Lower confidence category (Inferred)
Evidence · table
“15”
Context: 3.1
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredWhim Creek · goldTonnes: 3100000Grade: 0.09Grade Unit: ppmView all detailsHide details
Identity
- Project
- Whim Creek
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ANX
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Resource group id
- resource:8dc47915a6eb6c7e6d13
- Deposit or zone
- Mons Cupri
- Mining method
- combined
- Ownership percent
- 80 %
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 3100000
- Grade
- 0.09
- Grade Unit
- ppm
- Cutoff Grade
- 0.5
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-08-25
Metal Equivalent
- Metal Eq. Grade
- 1.21
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-12T00:00:00.000Z
Reasoning: The Inferred resource at Mons Cupri adds to the overall copper resource, but with lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Adds to overall resource base
- Metal equivalent assumptions disclosed
Negative factors
- Lower confidence category (Inferred)
Evidence · table
“0.09”
Context: 3.1
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
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.