ASQ: Annual Report to shareholders
Original announcement by asx on
- Company
- Australian Silica Quartz Group Ltd
- Ticker
- ASQ
- Exchange
- ASX
- Region
- Western Australia
- Primary commodity
- Kaolin
- Secondary commodities
- Silica, Bauxite, Gold, Nickel, Copper, Lead, Zinc, Lithium, Alumina, Iron ore, Potassium, Sodium, Titanium, Calcium, Magnesium
- Document categories
- Resource update, Metallurgy, Permitting
- Extracted
- 2026-09-24 10:12:46 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Australian Silica Quartz Group Ltd's 2026 Annual Report details its strategic shift with the acquisition of the White Swan Kaolin Project in Western Australia, now its primary focus. This project boasts a 47Mt Inferred Kaolin Mineral Resource (JORC 2012) and has received approval for a 250,000 tpa open pit mining operation, with metallurgical test work showing promising kaolinite upgrade and brightness. The company also provides updates on its existing silica, bauxite, and gold exploration projects, including a 17.3Mt MGSi Quartz resource and a 10.7Mt Silica Sand resource, while continuing to seek partners for some assets.
Reasoning: The annual report provides a comprehensive update on the company's diverse project portfolio, highlighted by the acquisition and advancement of the White Swan Kaolin Project, which includes a JORC 2012 Inferred Resource and permitting approval, indicating a clear path towards potential production.
Positive factors
- Acquisition of White Swan Kaolin Project, which is fully permitted with an approved Mining Lease and a JORC 2012 Inferred Resource.
- White Swan Kaolin Project is the new primary focus, with plans for a feasibility study and export.
- Metallurgical test work for kaolin shows promising results (upgraded kaolinite content, good brightness).
- Continued progress on other projects (silica, bauxite, gold exploration).
- QP/CP sign-off for resource estimates.
Negative factors
- Most resources are Inferred, indicating early stage.
- Some projects are seeking JV partners or buyers, indicating a need for external funding/development.
- No new drill results or significant resource upgrades for existing projects (other than the acquired kaolin resource).
- Financial loss for the year.
- All resource estimates (except the newly acquired White Swan for ASQ) are historical, with effective dates ranging from 2014 to 2023.
Low confidence — this extraction should be reviewed alongside the original source.
Facts used in scoring: 51
Classification and evidence
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: All resource estimates in the report are stated to be in accordance with JORC Code 2012.
Evidence · text
“This annual statement has been prepared in accordance with the 2012 Edition of the ‘Australian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’ (JORC Code 2012).”
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: The Mineral Resource Statement was prepared by Mr Nick Algie, a Competent Person who is a Member of The Australasian Institute of Mining and Metallurgy.
Evidence · text
“The Mineral Resource Statement was prepared by Mr Nick Algie, a Competent Person who is a Member of The Australasian Institute of Mining and Metallurgy.”
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: The Bauxite, Silica Sands, and Kaolin resources are entirely in the Inferred category, and a significant portion of the MGSi Quartz resource is Inferred.
Evidence · table
“Inferred”
Context: 36.2
All Inferrednegative
100% of resource is Inferred category — very early stage, no engineering confidence.
Why it applies: The Bauxite, Silica Sands, and Kaolin resources are reported as 100% Inferred.
Evidence · table
“Inferred”
Context: 36.2
Maiden Resourceneutral
First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component.
Why it applies: The White Swan Kaolin Project's resource is a new addition to ASQ's inventory following its acquisition, representing a maiden resource for the company.
Evidence · text
“On the 1st of July 2026 the Company acquired the White Swan Kaolin Project and added the White Swan Mineral Resource estimate to its Mineral Resource inventory.”
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: The effective dates for the Bauxite (2014, 2018), Silica Sands (2021), and MGSi Quartz (2023) resources are all more than two years old relative to the report publication date.
Evidence · text
“The Mineral Resource estimates for Athena, Dionysus and Ceres were first reported in accordance with ASX Listing Rule 5.8 in the Company's announcements dated 15 July 2014, 24 March 2014 and 23 April 2018 respectively.”
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: The resource tables provide tonnage and grade but do not explicitly state contained metal figures for any of the commodities.
Evidence · table
“Mt”
Context: Size
Bench Scale Onlynegative
Only preliminary bench tests completed — no locked-cycle or pilot work.
Why it applies: The kaolin test work is described as 'preliminary' and involves 'test discs', implying bench-scale testing rather than larger pilot or locked-cycle tests.
Evidence · text
“Preliminary ceramic firing tests produced test discs with a fired brightness of 85.3% following firing at 1,200°C.”
Single Domain Onlynegative
Testing limited to one composite or domain — representativeness not established.
Why it applies: The metallurgical test work for kaolin and HPQ refers to 'bulk sample' or 'samples' without mentioning variability testing across different ore domains.
Evidence · text
“Initial mineralogical analysis of raw White Swan bulk sample material at Foshan Laboratory Company indicates high values of approximately 47% kaolinite and 50% quartz.”
Permit Grantedpositive · Story-specific tag
No canonical definition is currently available.
Why it applies: A Mining Proposal for the White Swan Kaolin Project has been approved by the Department of Mines, Petroleum and Exploration.
Evidence · text
“A Mining Proposal for a 250,000 tonne per annum, free dig, near surface, open pit, direct shipping ore (‘DSO’) mining operation has been approved by the Department of Mines, Petroleum and Exploration (‘DMPE’)”
Gravity Routeneutral
Gravity separation forms a material part of the flowsheet.
Why it applies: the document describes a gravity route ("gravity")
Multi-Domain Testedpositive
Variability across ore domains (oxide, transition, fresh) has been addressed.
Why it applies: 3 distinct composites were tested
Extracted facts
Stored fact records: 51. Some facts used in scoring do not have a stored record.
Resource Estimates (47)
inferredAthena · aluminaTonnes: 36200000Grade: 41.8Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Athena
- Commodity
- alumina
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ASQ
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Nick Algie
- Resource group id
- resource:6cf4cc41388d104e9123
Resource Data
- Category
- inferred
- Tonnes
- 36200000
- Grade
- 41.8
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2014-07-15
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2014-07-15T00:00:00.000Z
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This is an Inferred bauxite resource from 2014, indicating early-stage confidence and low novelty.
Positive factors
- JORC compliant reporting.
Negative factors
- Inferred resource category indicates low confidence.
- Estimate is historical (effective date 2014).
Evidence · table
“41.8”
Context: 36.2
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 12.2 years before this release
inferredAthena · aluminaTonnes: 36200000Grade: 32.8Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Athena
- Commodity
- alumina
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ASQ
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Nick Algie
- Resource group id
- resource:6cf4cc41388d104e9123
Resource Data
- Category
- inferred
- Tonnes
- 36200000
- Grade
- 32.8
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2014-07-15
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2014-07-15T00:00:00.000Z
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This is an Inferred bauxite resource from 2014, indicating early-stage confidence and low novelty.
Positive factors
- JORC compliant reporting.
Negative factors
- Inferred resource category indicates low confidence.
- Estimate is historical (effective date 2014).
Evidence · table
“32.8”
Context: 36.2
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 12.2 years before this release
inferredAthena · silicaTonnes: 36200000Grade: 18.1Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Athena
- Commodity
- silica
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ASQ
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Nick Algie
- Resource group id
- resource:6cf4cc41388d104e9123
Resource Data
- Category
- inferred
- Tonnes
- 36200000
- Grade
- 18.1
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2014-07-15
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2014-07-15T00:00:00.000Z
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This is an Inferred bauxite resource from 2014, indicating early-stage confidence and low novelty.
Positive factors
- JORC compliant reporting.
Negative factors
- Inferred resource category indicates low confidence.
- Estimate is historical (effective date 2014).
Evidence · table
“18.1”
Context: 36.2
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 12.2 years before this release
inferredAthena · silicaTonnes: 36200000Grade: 2.8Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Athena
- Commodity
- silica
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ASQ
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Nick Algie
- Resource group id
- resource:6cf4cc41388d104e9123
Resource Data
- Category
- inferred
- Tonnes
- 36200000
- Grade
- 2.8
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2014-07-15
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2014-07-15T00:00:00.000Z
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This is an Inferred bauxite resource from 2014, indicating early-stage confidence and low novelty.
Positive factors
- JORC compliant reporting.
Negative factors
- Inferred resource category indicates low confidence.
- Estimate is historical (effective date 2014).
Evidence · table
“2.8”
Context: 36.2
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 12.2 years before this release
inferredDionysus · aluminaTonnes: 20300000Grade: 42.1Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Dionysus
- Commodity
- alumina
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ASQ
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Nick Algie
- Resource group id
- resource:d354778d7372ff7af8af
Resource Data
- Category
- inferred
- Tonnes
- 20300000
- Grade
- 42.1
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2014-03-24
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2014-03-24T00:00:00.000Z
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This is an Inferred bauxite resource from 2014, indicating early-stage confidence and low novelty.
Positive factors
- JORC compliant reporting.
Negative factors
- Inferred resource category indicates low confidence.
- Estimate is historical (effective date 2014).
Evidence · table
“42.1”
Context: 20.3
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 12.5 years before this release
inferredDionysus · aluminaTonnes: 20300000Grade: 32.6Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Dionysus
- Commodity
- alumina
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ASQ
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Nick Algie
- Resource group id
- resource:d354778d7372ff7af8af
Resource Data
- Category
- inferred
- Tonnes
- 20300000
- Grade
- 32.6
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2014-03-24
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2014-03-24T00:00:00.000Z
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This is an Inferred bauxite resource from 2014, indicating early-stage confidence and low novelty.
Positive factors
- JORC compliant reporting.
Negative factors
- Inferred resource category indicates low confidence.
- Estimate is historical (effective date 2014).
Evidence · table
“32.6”
Context: 20.3
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 12.5 years before this release
inferredDionysus · silicaTonnes: 20300000Grade: 12Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Dionysus
- Commodity
- silica
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ASQ
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Nick Algie
- Resource group id
- resource:d354778d7372ff7af8af
Resource Data
- Category
- inferred
- Tonnes
- 20300000
- Grade
- 12
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2014-03-24
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2014-03-24T00:00:00.000Z
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This is an Inferred bauxite resource from 2014, indicating early-stage confidence and low novelty.
Positive factors
- JORC compliant reporting.
Negative factors
- Inferred resource category indicates low confidence.
- Estimate is historical (effective date 2014).
Evidence · table
“12.0”
Context: 20.3
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 12.5 years before this release
inferredDionysus · silicaTonnes: 20300000Grade: 3.4Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Dionysus
- Commodity
- silica
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ASQ
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Nick Algie
- Resource group id
- resource:d354778d7372ff7af8af
Resource Data
- Category
- inferred
- Tonnes
- 20300000
- Grade
- 3.4
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2014-03-24
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2014-03-24T00:00:00.000Z
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This is an Inferred bauxite resource from 2014, indicating early-stage confidence and low novelty.
Positive factors
- JORC compliant reporting.
Negative factors
- Inferred resource category indicates low confidence.
- Estimate is historical (effective date 2014).
Evidence · table
“3.4”
Context: 20.3
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 12.5 years before this release
inferredCeres · aluminaTonnes: 21900000Grade: 41.2Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Ceres
- Commodity
- alumina
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ASQ
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Nick Algie
- Resource group id
- resource:acb9dc27a89da6c1c421
Resource Data
- Category
- inferred
- Tonnes
- 21900000
- Grade
- 41.2
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2018-04-23
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2018-04-23T00:00:00.000Z
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This is an Inferred bauxite resource from 2018, indicating early-stage confidence and low novelty.
Positive factors
- JORC compliant reporting.
Negative factors
- Inferred resource category indicates low confidence.
- Estimate is historical (effective date 2018).
Evidence · table
“41.2”
Context: 21.9
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 8.4 years before this release
inferredCeres · aluminaTonnes: 21900000Grade: 31.4Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Ceres
- Commodity
- alumina
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ASQ
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Nick Algie
- Resource group id
- resource:acb9dc27a89da6c1c421
Resource Data
- Category
- inferred
- Tonnes
- 21900000
- Grade
- 31.4
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2018-04-23
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2018-04-23T00:00:00.000Z
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This is an Inferred bauxite resource from 2018, indicating early-stage confidence and low novelty.
Positive factors
- JORC compliant reporting.
Negative factors
- Inferred resource category indicates low confidence.
- Estimate is historical (effective date 2018).
Evidence · table
“31.4”
Context: 21.9
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 8.4 years before this release
inferredCeres · silicaTonnes: 21900000Grade: 20.4Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Ceres
- Commodity
- silica
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ASQ
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Nick Algie
- Resource group id
- resource:acb9dc27a89da6c1c421
Resource Data
- Category
- inferred
- Tonnes
- 21900000
- Grade
- 20.4
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2018-04-23
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2018-04-23T00:00:00.000Z
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This is an Inferred bauxite resource from 2018, indicating early-stage confidence and low novelty.
Positive factors
- JORC compliant reporting.
Negative factors
- Inferred resource category indicates low confidence.
- Estimate is historical (effective date 2018).
Evidence · table
“20.4”
Context: 21.9
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 8.4 years before this release
inferredCeres · silicaTonnes: 21900000Grade: 3.2Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Ceres
- Commodity
- silica
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ASQ
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Nick Algie
- Resource group id
- resource:acb9dc27a89da6c1c421
Resource Data
- Category
- inferred
- Tonnes
- 21900000
- Grade
- 3.2
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2018-04-23
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2018-04-23T00:00:00.000Z
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This is an Inferred bauxite resource from 2018, indicating early-stage confidence and low novelty.
Positive factors
- JORC compliant reporting.
Negative factors
- Inferred resource category indicates low confidence.
- Estimate is historical (effective date 2018).
Evidence · table
“3.2”
Context: 21.9
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 8.4 years before this release
inferredAlbany White Hill · silicaTonnes: 10700000Grade: 99.92Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Albany White Hill
- Commodity
- silica
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ASQ
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Nick Algie
- Resource group id
- resource:c655cedecd720977c3fd
Resource Data
- Category
- inferred
- Tonnes
- 10700000
- Grade
- 99.92
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2021-01-28
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2021-01-28T00:00:00.000Z
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This is an Inferred silica sand resource from 2021, indicating early-stage confidence and low novelty.
Positive factors
- High silica grade.
- JORC compliant reporting.
Negative factors
- Inferred resource category indicates low confidence.
- Estimate is historical (effective date 2021).
Evidence · table
“99.92”
Context: 10.7
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 5.7 years before this release
inferredAlbany White Hill · aluminaTonnes: 10700000Grade: 0.01Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Albany White Hill
- Commodity
- alumina
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ASQ
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Nick Algie
- Resource group id
- resource:c655cedecd720977c3fd
Resource Data
- Category
- inferred
- Tonnes
- 10700000
- Grade
- 0.01
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2021-01-28
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2021-01-28T00:00:00.000Z
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This is an Inferred silica sand resource from 2021, indicating early-stage confidence and low novelty.
Positive factors
- High silica grade.
- JORC compliant reporting.
Negative factors
- Inferred resource category indicates low confidence.
- Estimate is historical (effective date 2021).
Evidence · table
“0.01”
Context: 10.7
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 5.7 years before this release
inferredAlbany White Hill · iron_oreTonnes: 10700000Grade: 0.02Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Albany White Hill
- Commodity
- iron_ore
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ASQ
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Nick Algie
- Resource group id
- resource:c655cedecd720977c3fd
Resource Data
- Category
- inferred
- Tonnes
- 10700000
- Grade
- 0.02
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2021-01-28
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2021-01-28T00:00:00.000Z
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This is an Inferred silica sand resource from 2021, indicating early-stage confidence and low novelty.
Positive factors
- High silica grade.
- JORC compliant reporting.
Negative factors
- Inferred resource category indicates low confidence.
- Estimate is historical (effective date 2021).
Evidence · table
“0.02”
Context: 10.7
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 5.7 years before this release
inferredAlbany White Hill · calciumTonnes: 10700000Grade: 0.003Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Albany White Hill
- Commodity
- calcium
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ASQ
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Nick Algie
- Resource group id
- resource:c655cedecd720977c3fd
Resource Data
- Category
- inferred
- Tonnes
- 10700000
- Grade
- 0.003
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2021-01-28
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2021-01-28T00:00:00.000Z
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This is an Inferred silica sand resource from 2021, indicating early-stage confidence and low novelty.
Positive factors
- High silica grade.
- JORC compliant reporting.
Negative factors
- Inferred resource category indicates low confidence.
- Estimate is historical (effective date 2021).
Evidence · table
“0.003”
Context: 10.7
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 5.7 years before this release
inferredAlbany White Hill · magnesiumTonnes: 10700000Grade: 0.002Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Albany White Hill
- Commodity
- magnesium
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ASQ
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Nick Algie
- Resource group id
- resource:c655cedecd720977c3fd
Resource Data
- Category
- inferred
- Tonnes
- 10700000
- Grade
- 0.002
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2021-01-28
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2021-01-28T00:00:00.000Z
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This is an Inferred silica sand resource from 2021, indicating early-stage confidence and low novelty.
Positive factors
- High silica grade.
- JORC compliant reporting.
Negative factors
- Inferred resource category indicates low confidence.
- Estimate is historical (effective date 2021).
Evidence · table
“0.002”
Context: 10.7
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 5.7 years before this release
inferredAlbany White Hill · potassiumTonnes: 10700000Grade: 0.003Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Albany White Hill
- Commodity
- potassium
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ASQ
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Nick Algie
- Resource group id
- resource:c655cedecd720977c3fd
Resource Data
- Category
- inferred
- Tonnes
- 10700000
- Grade
- 0.003
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2021-01-28
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2021-01-28T00:00:00.000Z
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This is an Inferred silica sand resource from 2021, indicating early-stage confidence and low novelty.
Positive factors
- High silica grade.
- JORC compliant reporting.
Negative factors
- Inferred resource category indicates low confidence.
- Estimate is historical (effective date 2021).
Evidence · table
“0.003”
Context: 10.7
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 5.7 years before this release
inferredAlbany White Hill · titaniumTonnes: 10700000Grade: 0.05Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Albany White Hill
- Commodity
- titanium
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ASQ
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Nick Algie
- Resource group id
- resource:c655cedecd720977c3fd
Resource Data
- Category
- inferred
- Tonnes
- 10700000
- Grade
- 0.05
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2021-01-28
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2021-01-28T00:00:00.000Z
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This is an Inferred silica sand resource from 2021, indicating early-stage confidence and low novelty.
Positive factors
- High silica grade.
- JORC compliant reporting.
Negative factors
- Inferred resource category indicates low confidence.
- Estimate is historical (effective date 2021).
Evidence · table
“0.05”
Context: 10.7
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 5.7 years before this release
inferredAlbany White Hill · loiTonnes: 10700000Grade: 0.07Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Albany White Hill
- Commodity
- loi
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ASQ
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Nick Algie
- Resource group id
- resource:c655cedecd720977c3fd
Resource Data
- Category
- inferred
- Tonnes
- 10700000
- Grade
- 0.07
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2021-01-28
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2021-01-28T00:00:00.000Z
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This is an Inferred silica sand resource from 2021, indicating early-stage confidence and low novelty.
Positive factors
- High silica grade.
- JORC compliant reporting.
Negative factors
- Inferred resource category indicates low confidence.
- Estimate is historical (effective date 2021).
Evidence · table
“0.07”
Context: 10.7
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 5.7 years before this release
indicatedQuartz Hill · silicaTonnes: 7600000Grade: 99.09Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Quartz Hill
- Commodity
- silica
- Region
- australia_qld
- Reported Region
- Far North Queensland
- Ticker
- ASQ
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Nick Algie
- Resource group id
- resource:de7e09a1a8aab9a2e90b
Resource Data
- Category
- indicated
- Tonnes
- 7600000
- Grade
- 99.09
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2023-12-12
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2023-12-12T00:00:00.000Z
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This is an Indicated MGSi Quartz resource from 2023, providing reasonable confidence for the project.
Positive factors
- High silica grade.
- Indicated resource category provides reasonable confidence.
- JORC compliant reporting.
Negative factors
- Estimate is historical (effective date 2023).
Evidence · table
“99.09”
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 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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.8 years before this release
indicatedQuartz Hill · aluminaTonnes: 7600000Grade: 0.67Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Quartz Hill
- Commodity
- alumina
- Region
- australia_qld
- Reported Region
- Far North Queensland
- Ticker
- ASQ
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Nick Algie
- Resource group id
- resource:de7e09a1a8aab9a2e90b
Resource Data
- Category
- indicated
- Tonnes
- 7600000
- Grade
- 0.67
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2023-12-12
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2023-12-12T00:00:00.000Z
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This is an Indicated MGSi Quartz resource from 2023, providing reasonable confidence for the project.
Positive factors
- High silica grade.
- Indicated resource category provides reasonable confidence.
- JORC compliant reporting.
Negative factors
- Estimate is historical (effective date 2023).
Evidence · table
“0.67”
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 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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.8 years before this release
indicatedQuartz Hill · iron_oreTonnes: 7600000Grade: 0.16Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Quartz Hill
- Commodity
- iron_ore
- Region
- australia_qld
- Reported Region
- Far North Queensland
- Ticker
- ASQ
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Nick Algie
- Resource group id
- resource:de7e09a1a8aab9a2e90b
Resource Data
- Category
- indicated
- Tonnes
- 7600000
- Grade
- 0.16
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2023-12-12
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2023-12-12T00:00:00.000Z
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This is an Indicated MGSi Quartz resource from 2023, providing reasonable confidence for the project.
Positive factors
- High silica grade.
- Indicated resource category provides reasonable confidence.
- JORC compliant reporting.
Negative factors
- Estimate is historical (effective date 2023).
Evidence · table
“0.16”
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 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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.8 years before this release
indicatedQuartz Hill · calciumTonnes: 7600000Grade: 0.005Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Quartz Hill
- Commodity
- calcium
- Region
- australia_qld
- Reported Region
- Far North Queensland
- Ticker
- ASQ
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Nick Algie
- Resource group id
- resource:de7e09a1a8aab9a2e90b
Resource Data
- Category
- indicated
- Tonnes
- 7600000
- Grade
- 0.005
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2023-12-12
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2023-12-12T00:00:00.000Z
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This is an Indicated MGSi Quartz resource from 2023, providing reasonable confidence for the project.
Positive factors
- High silica grade.
- Indicated resource category provides reasonable confidence.
- JORC compliant reporting.
Negative factors
- Estimate is historical (effective date 2023).
Evidence · table
“0.005”
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 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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.8 years before this release
indicatedQuartz Hill · magnesiumTonnes: 7600000Grade: 0.008Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Quartz Hill
- Commodity
- magnesium
- Region
- australia_qld
- Reported Region
- Far North Queensland
- Ticker
- ASQ
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Nick Algie
- Resource group id
- resource:de7e09a1a8aab9a2e90b
Resource Data
- Category
- indicated
- Tonnes
- 7600000
- Grade
- 0.008
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2023-12-12
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2023-12-12T00:00:00.000Z
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This is an Indicated MGSi Quartz resource from 2023, providing reasonable confidence for the project.
Positive factors
- High silica grade.
- Indicated resource category provides reasonable confidence.
- JORC compliant reporting.
Negative factors
- Estimate is historical (effective date 2023).
Evidence · table
“0.008”
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 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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.8 years before this release
indicatedQuartz Hill · sodiumTonnes: 7600000Grade: 0.02Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Quartz Hill
- Commodity
- sodium
- Region
- australia_qld
- Reported Region
- Far North Queensland
- Ticker
- ASQ
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Nick Algie
- Resource group id
- resource:de7e09a1a8aab9a2e90b
Resource Data
- Category
- indicated
- Tonnes
- 7600000
- Grade
- 0.02
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2023-12-12
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2023-12-12T00:00:00.000Z
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This is an Indicated MGSi Quartz resource from 2023, providing reasonable confidence for the project.
Positive factors
- High silica grade.
- Indicated resource category provides reasonable confidence.
- JORC compliant reporting.
Negative factors
- Estimate is historical (effective date 2023).
Evidence · table
“0.02”
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 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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.8 years before this release
indicatedQuartz Hill · titaniumTonnes: 7600000Grade: 0.03Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Quartz Hill
- Commodity
- titanium
- Region
- australia_qld
- Reported Region
- Far North Queensland
- Ticker
- ASQ
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Nick Algie
- Resource group id
- resource:de7e09a1a8aab9a2e90b
Resource Data
- Category
- indicated
- Tonnes
- 7600000
- Grade
- 0.03
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2023-12-12
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2023-12-12T00:00:00.000Z
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This is an Indicated MGSi Quartz resource from 2023, providing reasonable confidence for the project.
Positive factors
- High silica grade.
- Indicated resource category provides reasonable confidence.
- JORC compliant reporting.
Negative factors
- Estimate is historical (effective date 2023).
Evidence · table
“0.03”
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 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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.8 years before this release
indicatedQuartz Hill · total_oxidesTonnes: 7600000Grade: 0.91Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Quartz Hill
- Commodity
- total_oxides
- Region
- australia_qld
- Reported Region
- Far North Queensland
- Ticker
- ASQ
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Nick Algie
- Resource group id
- resource:de7e09a1a8aab9a2e90b
Resource Data
- Category
- indicated
- Tonnes
- 7600000
- Grade
- 0.91
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2023-12-12
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2023-12-12T00:00:00.000Z
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This is an Indicated MGSi Quartz resource from 2023, providing reasonable confidence for the project.
Positive factors
- High silica grade.
- Indicated resource category provides reasonable confidence.
- JORC compliant reporting.
Negative factors
- Estimate is historical (effective date 2023).
Evidence · table
“0.91”
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 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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.8 years before this release
inferredQuartz Hill · silicaTonnes: 9700000Grade: 99Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Quartz Hill
- Commodity
- silica
- Region
- australia_qld
- Reported Region
- Far North Queensland
- Ticker
- ASQ
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Nick Algie
- Resource group id
- resource:bb118084d6d1eac7d419
Resource Data
- Category
- inferred
- Tonnes
- 9700000
- Grade
- 99
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2023-12-12
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2023-12-12T00:00:00.000Z
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This is an Inferred MGSi Quartz resource from 2023, indicating early-stage confidence.
Positive factors
- High silica grade.
- JORC compliant reporting.
Negative factors
- Inferred resource category indicates low confidence.
- Estimate is historical (effective date 2023).
Evidence · table
“99.00”
Context: 9.7
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.8 years before this release
inferredQuartz Hill · aluminaTonnes: 9700000Grade: 0.73Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Quartz Hill
- Commodity
- alumina
- Region
- australia_qld
- Reported Region
- Far North Queensland
- Ticker
- ASQ
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Nick Algie
- Resource group id
- resource:bb118084d6d1eac7d419
Resource Data
- Category
- inferred
- Tonnes
- 9700000
- Grade
- 0.73
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2023-12-12
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2023-12-12T00:00:00.000Z
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This is an Inferred MGSi Quartz resource from 2023, indicating early-stage confidence.
Positive factors
- High silica grade.
- JORC compliant reporting.
Negative factors
- Inferred resource category indicates low confidence.
- Estimate is historical (effective date 2023).
Evidence · table
“0.73”
Context: 9.7
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.8 years before this release
inferredQuartz Hill · iron_oreTonnes: 9700000Grade: 0.17Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Quartz Hill
- Commodity
- iron_ore
- Region
- australia_qld
- Reported Region
- Far North Queensland
- Ticker
- ASQ
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Nick Algie
- Resource group id
- resource:bb118084d6d1eac7d419
Resource Data
- Category
- inferred
- Tonnes
- 9700000
- Grade
- 0.17
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2023-12-12
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2023-12-12T00:00:00.000Z
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This is an Inferred MGSi Quartz resource from 2023, indicating early-stage confidence.
Positive factors
- High silica grade.
- JORC compliant reporting.
Negative factors
- Inferred resource category indicates low confidence.
- Estimate is historical (effective date 2023).
Evidence · table
“0.17”
Context: 9.7
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.8 years before this release
inferredQuartz Hill · calciumTonnes: 9700000Grade: 0.009Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Quartz Hill
- Commodity
- calcium
- Region
- australia_qld
- Reported Region
- Far North Queensland
- Ticker
- ASQ
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Nick Algie
- Resource group id
- resource:bb118084d6d1eac7d419
Resource Data
- Category
- inferred
- Tonnes
- 9700000
- Grade
- 0.009
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2023-12-12
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2023-12-12T00:00:00.000Z
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This is an Inferred MGSi Quartz resource from 2023, indicating early-stage confidence.
Positive factors
- High silica grade.
- JORC compliant reporting.
Negative factors
- Inferred resource category indicates low confidence.
- Estimate is historical (effective date 2023).
Evidence · table
“0.009”
Context: 9.7
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.8 years before this release
inferredQuartz Hill · magnesiumTonnes: 9700000Grade: 0.012Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Quartz Hill
- Commodity
- magnesium
- Region
- australia_qld
- Reported Region
- Far North Queensland
- Ticker
- ASQ
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Nick Algie
- Resource group id
- resource:bb118084d6d1eac7d419
Resource Data
- Category
- inferred
- Tonnes
- 9700000
- Grade
- 0.012
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2023-12-12
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2023-12-12T00:00:00.000Z
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This is an Inferred MGSi Quartz resource from 2023, indicating early-stage confidence.
Positive factors
- High silica grade.
- JORC compliant reporting.
Negative factors
- Inferred resource category indicates low confidence.
- Estimate is historical (effective date 2023).
Evidence · table
“0.012”
Context: 9.7
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.8 years before this release
inferredQuartz Hill · sodiumTonnes: 9700000Grade: 0.03Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Quartz Hill
- Commodity
- sodium
- Region
- australia_qld
- Reported Region
- Far North Queensland
- Ticker
- ASQ
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Nick Algie
- Resource group id
- resource:bb118084d6d1eac7d419
Resource Data
- Category
- inferred
- Tonnes
- 9700000
- Grade
- 0.03
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2023-12-12
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2023-12-12T00:00:00.000Z
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This is an Inferred MGSi Quartz resource from 2023, indicating early-stage confidence.
Positive factors
- High silica grade.
- JORC compliant reporting.
Negative factors
- Inferred resource category indicates low confidence.
- Estimate is historical (effective date 2023).
Evidence · table
“0.03”
Context: 9.7
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.8 years before this release
inferredQuartz Hill · titaniumTonnes: 9700000Grade: 0.03Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Quartz Hill
- Commodity
- titanium
- Region
- australia_qld
- Reported Region
- Far North Queensland
- Ticker
- ASQ
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Nick Algie
- Resource group id
- resource:bb118084d6d1eac7d419
Resource Data
- Category
- inferred
- Tonnes
- 9700000
- Grade
- 0.03
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2023-12-12
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2023-12-12T00:00:00.000Z
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This is an Inferred MGSi Quartz resource from 2023, indicating early-stage confidence.
Positive factors
- High silica grade.
- JORC compliant reporting.
Negative factors
- Inferred resource category indicates low confidence.
- Estimate is historical (effective date 2023).
Evidence · table
“0.03”
Context: 9.7
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.8 years before this release
inferredQuartz Hill · total_oxidesTonnes: 9700000Grade: 1Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Quartz Hill
- Commodity
- total_oxides
- Region
- australia_qld
- Reported Region
- Far North Queensland
- Ticker
- ASQ
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Nick Algie
- Resource group id
- resource:bb118084d6d1eac7d419
Resource Data
- Category
- inferred
- Tonnes
- 9700000
- Grade
- 1
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2023-12-12
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2023-12-12T00:00:00.000Z
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This is an Inferred MGSi Quartz resource from 2023, indicating early-stage confidence.
Positive factors
- High silica grade.
- JORC compliant reporting.
Negative factors
- Inferred resource category indicates low confidence.
- Estimate is historical (effective date 2023).
Evidence · table
“1.00”
Context: 9.7
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.8 years before this release
inferredWhite Swan · kaolinTonnes: 47300000Grade: 49.2Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- White Swan
- Commodity
- kaolin
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ASQ
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Nick Algie
- Resource group id
- resource:0fd3f4fb29098451a8bb
Resource Data
- Category
- inferred
- Tonnes
- 47300000
- Grade
- 49.2
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2023-08-01
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2023-08-01T00:00:00.000Z
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This is a significant Inferred kaolin resource, newly acquired by the company and forming its primary focus, indicating high potential.
Positive factors
- Large tonnage for kaolin.
- JORC compliant reporting.
- New acquisition for the company, making it a primary focus.
Negative factors
- Inferred resource category indicates low confidence.
Evidence · table
“49.2”
Context: 47.3
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 3.1 years before this release
inferredWhite Swan · brightnessTonnes: 47300000Grade: 71.9Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- White Swan
- Commodity
- brightness
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ASQ
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Nick Algie
- Resource group id
- resource:0fd3f4fb29098451a8bb
Resource Data
- Category
- inferred
- Tonnes
- 47300000
- Grade
- 71.9
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2023-08-01
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2023-08-01T00:00:00.000Z
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This is a significant Inferred kaolin resource, newly acquired by the company and forming its primary focus, indicating high potential.
Positive factors
- Large tonnage for kaolin.
- JORC compliant reporting.
- New acquisition for the company, making it a primary focus.
Negative factors
- Inferred resource category indicates low confidence.
Evidence · table
“71.9”
Context: 47.3
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 3.1 years before this release
inferredWhite Swan · yellownessTonnes: 47300000Grade: 15.5Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- White Swan
- Commodity
- yellowness
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ASQ
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Nick Algie
- Resource group id
- resource:0fd3f4fb29098451a8bb
Resource Data
- Category
- inferred
- Tonnes
- 47300000
- Grade
- 15.5
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2023-08-01
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2023-08-01T00:00:00.000Z
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This is a significant Inferred kaolin resource, newly acquired by the company and forming its primary focus, indicating high potential.
Positive factors
- Large tonnage for kaolin.
- JORC compliant reporting.
- New acquisition for the company, making it a primary focus.
Negative factors
- Inferred resource category indicates low confidence.
Evidence · table
“15.5”
Context: 47.3
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 3.1 years before this release
inferredWhite Swan · aluminaTonnes: 47300000Grade: 34.5Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- White Swan
- Commodity
- alumina
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ASQ
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Nick Algie
- Resource group id
- resource:0fd3f4fb29098451a8bb
Resource Data
- Category
- inferred
- Tonnes
- 47300000
- Grade
- 34.5
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2023-08-01
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2023-08-01T00:00:00.000Z
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This is a significant Inferred kaolin resource, newly acquired by the company and forming its primary focus, indicating high potential.
Positive factors
- Large tonnage for kaolin.
- JORC compliant reporting.
- New acquisition for the company, making it a primary focus.
Negative factors
- Inferred resource category indicates low confidence.
Evidence · table
“34.5”
Context: 47.3
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 3.1 years before this release
inferredWhite Swan · silicaTonnes: 47300000Grade: 49.5Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- White Swan
- Commodity
- silica
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ASQ
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Nick Algie
- Resource group id
- resource:0fd3f4fb29098451a8bb
Resource Data
- Category
- inferred
- Tonnes
- 47300000
- Grade
- 49.5
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2023-08-01
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2023-08-01T00:00:00.000Z
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This is a significant Inferred kaolin resource, newly acquired by the company and forming its primary focus, indicating high potential.
Positive factors
- Large tonnage for kaolin.
- JORC compliant reporting.
- New acquisition for the company, making it a primary focus.
Negative factors
- Inferred resource category indicates low confidence.
Evidence · table
“49.5”
Context: 47.3
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 3.1 years before this release
inferredWhite Swan · iron_oreTonnes: 47300000Grade: 1.05Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- White Swan
- Commodity
- iron_ore
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ASQ
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Nick Algie
- Resource group id
- resource:0fd3f4fb29098451a8bb
Resource Data
- Category
- inferred
- Tonnes
- 47300000
- Grade
- 1.05
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2023-08-01
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2023-08-01T00:00:00.000Z
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This is a significant Inferred kaolin resource, newly acquired by the company and forming its primary focus, indicating high potential.
Positive factors
- Large tonnage for kaolin.
- JORC compliant reporting.
- New acquisition for the company, making it a primary focus.
Negative factors
- Inferred resource category indicates low confidence.
Evidence · table
“1.05”
Context: 47.3
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 3.1 years before this release
inferredWhite Swan · potassiumTonnes: 47300000Grade: 0.9Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- White Swan
- Commodity
- potassium
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ASQ
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Nick Algie
- Resource group id
- resource:0fd3f4fb29098451a8bb
Resource Data
- Category
- inferred
- Tonnes
- 47300000
- Grade
- 0.9
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2023-08-01
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2023-08-01T00:00:00.000Z
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This is a significant Inferred kaolin resource, newly acquired by the company and forming its primary focus, indicating high potential.
Positive factors
- Large tonnage for kaolin.
- JORC compliant reporting.
- New acquisition for the company, making it a primary focus.
Negative factors
- Inferred resource category indicates low confidence.
Evidence · table
“0.90”
Context: 47.3
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 3.1 years before this release
inferredWhite Swan · sodiumTonnes: 47300000Grade: 0.29Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- White Swan
- Commodity
- sodium
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ASQ
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Nick Algie
- Resource group id
- resource:0fd3f4fb29098451a8bb
Resource Data
- Category
- inferred
- Tonnes
- 47300000
- Grade
- 0.29
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2023-08-01
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2023-08-01T00:00:00.000Z
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This is a significant Inferred kaolin resource, newly acquired by the company and forming its primary focus, indicating high potential.
Positive factors
- Large tonnage for kaolin.
- JORC compliant reporting.
- New acquisition for the company, making it a primary focus.
Negative factors
- Inferred resource category indicates low confidence.
Evidence · table
“0.29”
Context: 47.3
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 3.1 years before this release
inferredWhite Swan · titaniumTonnes: 47300000Grade: 0.76Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- White Swan
- Commodity
- titanium
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ASQ
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Nick Algie
- Resource group id
- resource:0fd3f4fb29098451a8bb
Resource Data
- Category
- inferred
- Tonnes
- 47300000
- Grade
- 0.76
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2023-08-01
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2023-08-01T00:00:00.000Z
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This is a significant Inferred kaolin resource, newly acquired by the company and forming its primary focus, indicating high potential.
Positive factors
- Large tonnage for kaolin.
- JORC compliant reporting.
- New acquisition for the company, making it a primary focus.
Negative factors
- Inferred resource category indicates low confidence.
Evidence · table
“0.76”
Context: 47.3
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 3.1 years before this release
inferredWhite Swan · loiTonnes: 47300000Grade: 12.4Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- White Swan
- Commodity
- loi
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ASQ
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Nick Algie
- Resource group id
- resource:0fd3f4fb29098451a8bb
Resource Data
- Category
- inferred
- Tonnes
- 47300000
- Grade
- 12.4
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2023-08-01
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2023-08-01T00:00:00.000Z
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: This is a significant Inferred kaolin resource, newly acquired by the company and forming its primary focus, indicating high potential.
Positive factors
- Large tonnage for kaolin.
- JORC compliant reporting.
- New acquisition for the company, making it a primary focus.
Negative factors
- Inferred resource category indicates low confidence.
Evidence · table
“12.4”
Context: 47.3
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 3.1 years before this release
Fact 47White Swan Kaolin Project · kaolinView all detailsHide details
Identity
- Project
- White Swan Kaolin Project
- Commodity
- kaolin
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ASQ
Resource scope
- Resource group id
- resource:564ca92dac96f249c9c8
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: Approval of the Mining Proposal for the White Swan Kaolin Project is a major de-risking milestone, enabling progression towards production and export.
Positive factors
- Mining Proposal approved, de-risking project development.
- Approval for a significant annual production rate.
- Supports aim to be a significant exporter.
Evidence · text
“A Mining Proposal for a 250,000 tonne per annum, free dig, near surface, open pit, direct shipping ore (‘DSO’) mining operation has been approved by the Department of Mines, Petroleum and Exploration (‘DMPE’) in support of ASQ’s aim to be a significant exporter of DSO kaolin in the near future.”
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Metallurgical Results (4)
dry separationWhite Swan Kaolin Project · kaoliniteHead Grade: 47Head Grade Unit: %View all detailsHide details
Identity
- Project
- White Swan Kaolin Project
- Commodity
- kaolinite
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ASQ
Test Work
- Program Status
- preliminary
- Test Type
- dry separation
- Processing Route
- combination cyclone mill/classifier
- Sample
- raw White Swan bulk sample material
Recovery
- Recovery Basis
- actual_test
- Head Grade
- 47
- Head Grade Unit
- %
- Conc. Grade
- 83
- Conc. Grade Unit
- %
Lab
- Laboratory
- Foshan Laboratory Company
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: Preliminary dry separation test work shows a strong upgrade in kaolinite content, indicating good processing potential for the White Swan material.
Positive factors
- Significant upgrade in kaolinite content achieved.
- Test work performed by a named laboratory.
Negative factors
- Test work is preliminary (bench scale only).
- No recovery percentage explicitly stated, only grade upgrade.
Evidence · text
“Dry separation testwork upgraded kaolinite content from approximately 47% to 83% following a single processing stage by combination cyclone mill/classifier.”
dry separationWhite Swan Kaolin Project · aluminaHead Grade: 19.05Head Grade Unit: %View all detailsHide details
Identity
- Project
- White Swan Kaolin Project
- Commodity
- alumina
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ASQ
Test Work
- Program Status
- preliminary
- Test Type
- dry separation
- Processing Route
- combination cyclone mill/classifier
- Sample
- raw White Swan bulk sample material
Recovery
- Recovery Basis
- actual_test
- Head Grade
- 19.05
- Head Grade Unit
- %
- Conc. Grade
- 33.68
- Conc. Grade Unit
- %
Lab
- Laboratory
- Foshan Laboratory Company
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: Preliminary dry separation test work shows a strong increase in alumina content, supporting the processing potential of the White Swan material.
Positive factors
- Significant increase in alumina content achieved.
- Test work performed by a named laboratory.
Negative factors
- Test work is preliminary (bench scale only).
- No recovery percentage explicitly stated, only grade upgrade.
Evidence · text
“Alumina content increased from 19.05% Al₂O₃ in raw ore to 33.68% Al₂O₃ in the upgraded product.”
ceramic firingWhite Swan Kaolin Project · kaolinRecovery: 85.3 %View all detailsHide details
Identity
- Project
- White Swan Kaolin Project
- Commodity
- kaolin
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ASQ
Test Work
- Program Status
- preliminary
- Test Type
- ceramic firing
- Processing Route
- firing at 1,200°C
- Sample
- test discs
Recovery
- Recovery
- 85.3 %
- Recovery Basis
- actual_test
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: Preliminary ceramic firing tests yielded a good brightness, indicating suitability for ceramic applications.
Positive factors
- Good fired brightness achieved.
Negative factors
- Test work is preliminary (bench scale only).
- Brightness is a quality metric, not a recovery percentage.
Evidence · text
“Preliminary ceramic firing tests produced test discs with a fired brightness of 85.3% following firing at 1,200°C.”
purificationLake Seabrook HPQ Project · silicaView all detailsHide details
Identity
- Project
- Lake Seabrook HPQ Project
- Commodity
- silica
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- ASQ
Test Work
- Program Status
- optimization
- Test Type
- purification
- Processing Route
- simplified 9 stage purification flowsheet
- Sample
- quartz powder
Recovery
- Recovery Basis
- actual_test
- Conc. Grade
- 99.993
- Conc. Grade Unit
- % SiO2
Lab
- Laboratory
- commercial laboratory in Perth
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-24T00:00:00.000Z
Reasoning: High purity silica achieved through a simplified purification process, showing good potential for high-value applications.
Positive factors
- Very high purity silica achieved.
- Simplified flowsheet without harsh chemicals.
Negative factors
- Still targeting higher purity for crucible grade.
Evidence · text
“Samples from ASQ’s Lake Seabrook HPQ Project have yielded 99.993% SiO2 quartz powder after treatment at a commercial laboratory in Perth using a simplified 9 stage purification flowsheet developed by ASQ without the use of hot chlorination or hydrofluoric acid leaching”
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.