AUQ: Annual Mineral Resources and Ore Reserves Statement

Original announcement by asx on

Company
Alara Resources Limited
Ticker
AUQ
Exchange
ASX
Region
Unavailable
Primary commodity
Copper
Secondary commodities
Gold
Document categories
Resource update
Extracted
2026-10-14 00:10:53 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Alara Resources Limited has released its annual Mineral Resources and Ore Reserves statement for the Al Wash-hi Majaza Copper Mine in Oman, effective 30 June 2026. The update shows a total Mineral Resource of 10.23 Mt at 0.78% Cu and 0.25 g/t Au, with 98% in the Measured and Indicated categories, and 47% now Measured, reflecting improved confidence and definition. The Ore Reserve stands at 7.70 Mt at 0.81% Cu and 0.25 g/t Au, all classified as Probable, supporting an 8-year mine life.

Reasoning: The annual resource and reserve update shows increased confidence in the resource classification with a significant portion now Measured, and the resource is now RPEEE-constrained, which is a positive for integrity. However, the overall tonnage has decreased due to the RPEEE constraint and depletion, and all Ore Reserves are classified as Probable due to remaining uncertainties in Modifying Factors, which tempers the positive aspects.

Positive factors

  • Increased resource confidence with 98% of Mineral Resources in Measured and Indicated categories, and 47% now Measured.
  • Mineral Resource is now RPEEE-constrained for the first time, improving integrity and compliance.
  • Both Mineral Resources and Ore Reserves have been independently reviewed and audited by SRK Consulting under JORC Code (2012).
  • Mine life of approximately 8 years is consistent with commissioning expectations.
  • Exploration drilling contributed to a 0.5 Mt increase in Mineral Resources.
  • Higher long-term metal prices positively impacted both resource and reserve estimates.

Negative factors

  • Overall decrease in Mineral Resources from 13.8 Mt to 10.23 Mt due to RPEEE constraint and mining depletion.
  • Overall decrease in Ore Reserves from 8.38 Mt to 7.70 Mt primarily due to mining depletion.
  • All Ore Reserves are classified as Probable, with Measured Resources being downgraded to Probable due to uncertainties in Modifying Factors (tailings storage, environmental approvals, and infrastructure).
  • Gold recovery is low at 26.4% and is noted to be above current plant performance, though deemed not material to the Ore Reserve.

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

Facts used in scoring: 46

Classification and evidence

Category Upgradepositive

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

Why it applies: The Mineral Resource confidence has improved, with 98% of the tonnage now classified as Measured and Indicated, and approximately 47% as Measured.

Evidence · text

“Higher resource confidence: 98% of Mineral Resource tonnage is Measured and Indicated, with ~47% now Measured (4.76 Mt at 0.95% Cu and 0.29 g/t Au).”

JORC Compliantpositive

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

Why it applies: Both the Mineral Resources and Ore Reserves estimates have been independently reviewed and audited by SRK Consulting under the JORC Code (2012).

Evidence · text

“Independently audited: both estimates reviewed and audited by SRK Consulting under the 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: SRK Consulting's consultants, Mr Shameek Chattopadhyay and Mr Somnath Gain, act as the Competent Persons for the Mineral Resources and Ore Reserves, respectively.

Evidence · text

“SRK Mining Services (India) Private Limited (SRK Consulting or SRK), whose consultants act as the Competent Persons for both the Mineral Resources and the Ore Reserves.”

Cut-off Disclosedpositive

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

Why it applies: The Mineral Resource is reported at a 0.28% Cu cut-off within a conceptual open pit shell.

Evidence · text

“Reported at a 0.28% Cu cut-off within a conceptual open pit shell.”

Inferred Resourcenegative

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

Why it applies: The Mineral Resources include 0.22 Mt of Inferred Resources, which is a speculative category with lower confidence.

Evidence · text

“Inferred Resources 0.22 Mt at 0.49% Cu and 0.15 g/t Au”

Category Downgradenegative

Resource confidence decreased — Measured downgraded to Indicated, or Indicated to Inferred. Unusual and concerning.

Why it applies: All Ore Reserves are classified as Probable, including the portion derived from Measured Mineral Resources, due to uncertainties in Modifying Factors such as tailings storage, environmental approvals, and infrastructure.

Evidence · text

“All Ore Reserves are classified as Probable, including the portion derived from Measured Mineral Resources. Under Clause 30, 32 of the JORC Code, the Competent Person classified Measured Resources as Probable Ore Reserves because of uncertainty in some Modifying Factors (tailings storage, environmental approvals and the infrastructure items above).”

Tonnage Declinenegative

Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.

Why it applies: The Mineral Resource decreased from 13.8 Mt in 2025 to 10.23 Mt in 2026, mainly due to the first-time application of an RPEEE-constrained pit shell and mining depletion. The Ore Reserve also decreased from 8.38 Mt to 7.70 Mt primarily due to mining depletion.

Evidence · text

“Mineral Resource integrity: 13.8 Mt Mineral Inventory (30 June 2025, not RPEEE-constrained) → 10.23 Mt Mineral Resource (30 June 2026, RPEEE). The decrease is mainly because the Mineral Resource is reported, for the first time, within a conceptual pit shell to demonstrate “Reasonable Prospects for Eventual Economic Extraction” (RPEEE) (−4.60 Mt), together with mining depleƟon (−0.90 Mt).”

Resource Updateneutral

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

Why it applies: This document provides the annual Mineral Resources and Ore Reserves statement as at 30 June 2026.

Evidence · text

“Annual Mineral Resources and Ore Reserves Statement as at 30 June 2026”

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: The Ore Reserve estimate is supported by technical studies at least at a Pre-Feasibility Study (PFS) level.

Evidence · text

“Supporting technical studies are at PFS level, informed by operating history.”

Extracted facts

Stored fact records: 46. Some facts used in scoring do not have a stored record.

Resource Estimates (46)

measuredAl Wash-hi Majaza Copper Mine · copperTonnes: 4760000Grade: 0.95Grade Unit: %Contained Metal: 45Contained Unit: ktView all details
Link to this fact

Identity

Project
Al Wash-hi Majaza Copper Mine
Commodity
copper
Region
oman
Reported Region
Oman
Ticker
AUQ

Resource scope

Estimate type
resource
Effective date
2026-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Shameek Chattopadhyay, Somnath Gain
Resource group id
resource:1462b86e290d76123daf
Deposit or zone
In situ (open pit)
Mining method
open_pit
Ownership percent
51 %
Resource basis
gross

Resource Data

Category
measured
Tonnes
4760000
Grade
0.95
Grade Unit
%
Contained Metal
45
Contained Unit
kt
Cutoff Grade
0.28
Cutoff Unit
%

Prior Estimate

Resource Date
2026-06-30

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
WGS84 / UTM Zone 40N
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The Measured Resource represents the highest confidence category, with a substantial tonnage and good copper grade for the deposit type, contributing significantly to the overall resource.

Positive factors

  • High confidence Measured Resource category.
  • Good copper grade for an open pit VMS deposit.
  • Significant contained copper metal.

Evidence · table

“0.95”

Context: 4.76

Tags used in scoring

Measured Resourcepositive

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

Why it applies: category is "measured"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

measuredAl Wash-hi Majaza Copper Mine · goldTonnes: 4760000Grade: 0.29Grade Unit: g/tContained Metal: 44Contained Unit: kozView all details
Link to this fact

Identity

Project
Al Wash-hi Majaza Copper Mine
Commodity
gold
Region
oman
Reported Region
Oman
Ticker
AUQ

Resource scope

Estimate type
resource
Effective date
2026-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Shameek Chattopadhyay, Somnath Gain
Resource group id
resource:1462b86e290d76123daf
Deposit or zone
In situ (open pit)
Mining method
open_pit
Ownership percent
51 %
Resource basis
gross

Resource Data

Category
measured
Tonnes
4760000
Grade
0.29
Grade Unit
g/t
Contained Metal
44
Contained Unit
koz
Cutoff Grade
0.28
Cutoff Unit
%

Prior Estimate

Resource Date
2026-06-30

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
WGS84 / UTM Zone 40N
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The gold grade provides additional value as a byproduct within the high-confidence Measured Resource, contributing to overall project economics.

Positive factors

  • Gold as a valuable byproduct in the Measured Resource category.

Evidence · table

“0.29”

Context: 4.76

Tags used in scoring

Measured Resourcepositive

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

Why it applies: category is "measured"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

indicatedAl Wash-hi Majaza Copper Mine · copperTonnes: 5180000Grade: 0.64Grade Unit: %Contained Metal: 33.2Contained Unit: ktView all details
Link to this fact

Identity

Project
Al Wash-hi Majaza Copper Mine
Commodity
copper
Region
oman
Reported Region
Oman
Ticker
AUQ

Resource scope

Estimate type
resource
Effective date
2026-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Shameek Chattopadhyay, Somnath Gain
Resource group id
resource:2b3d05bd3039e5f0ddce
Deposit or zone
In situ (open pit)
Mining method
open_pit
Ownership percent
51 %
Resource basis
gross

Resource Data

Category
indicated
Tonnes
5180000
Grade
0.64
Grade Unit
%
Contained Metal
33.2
Contained Unit
kt
Cutoff Grade
0.28
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-06-30

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
WGS84 / UTM Zone 40N
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The Indicated Resource adds substantial tonnage and contained copper, providing a solid base for further economic evaluation and conversion to reserves.

Positive factors

  • Indicated Resource provides reasonable geological confidence for future studies.
  • Significant contained copper metal.

Evidence · table

“0.64”

Context: 5.18

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

indicatedAl Wash-hi Majaza Copper Mine · goldTonnes: 5180000Grade: 0.21Grade Unit: g/tContained Metal: 35.8Contained Unit: kozView all details
Link to this fact

Identity

Project
Al Wash-hi Majaza Copper Mine
Commodity
gold
Region
oman
Reported Region
Oman
Ticker
AUQ

Resource scope

Estimate type
resource
Effective date
2026-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Shameek Chattopadhyay, Somnath Gain
Resource group id
resource:2b3d05bd3039e5f0ddce
Deposit or zone
In situ (open pit)
Mining method
open_pit
Ownership percent
51 %
Resource basis
gross

Resource Data

Category
indicated
Tonnes
5180000
Grade
0.21
Grade Unit
g/t
Contained Metal
35.8
Contained Unit
koz
Cutoff Grade
0.28
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-06-30

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
WGS84 / UTM Zone 40N
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The gold grade provides additional byproduct value within the Indicated Resource, contributing to the overall economic potential of the project.

Positive factors

  • Gold as a valuable byproduct in the Indicated Resource category.

Evidence · table

“0.21”

Context: 5.18

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

indicatedAl Wash-hi Majaza Copper Mine · copperTonnes: 70000Grade: 0.82Grade Unit: %Contained Metal: 0.6Contained Unit: ktView all details
Link to this fact

Identity

Project
Al Wash-hi Majaza Copper Mine
Commodity
copper
Region
oman
Reported Region
Oman
Ticker
AUQ

Resource scope

Estimate type
resource
Effective date
2026-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Shameek Chattopadhyay, Somnath Gain
Resource group id
resource:83c3dc869cf784dcb1ec
Deposit or zone
Stockpiles
Mining method
open_pit
Material type
stockpile
Ownership percent
51 %
Resource basis
gross

Resource Data

Category
indicated
Tonnes
70000
Grade
0.82
Grade Unit
%
Contained Metal
0.6
Contained Unit
kt
Cutoff Grade
0.28
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-06-30

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
WGS84 / UTM Zone 40N
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The Indicated stockpile material adds a small but readily accessible component to the resource, with a good copper grade.

Positive factors

  • Stockpiled material provides readily available ore.

Evidence · table

“0.82”

Context: 0.07

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

indicatedAl Wash-hi Majaza Copper Mine · goldTonnes: 70000Grade: 0.21Grade Unit: g/tContained Metal: 0.5Contained Unit: kozView all details
Link to this fact

Identity

Project
Al Wash-hi Majaza Copper Mine
Commodity
gold
Region
oman
Reported Region
Oman
Ticker
AUQ

Resource scope

Estimate type
resource
Effective date
2026-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Shameek Chattopadhyay, Somnath Gain
Resource group id
resource:83c3dc869cf784dcb1ec
Deposit or zone
Stockpiles
Mining method
open_pit
Material type
stockpile
Ownership percent
51 %
Resource basis
gross

Resource Data

Category
indicated
Tonnes
70000
Grade
0.21
Grade Unit
g/t
Contained Metal
0.5
Contained Unit
koz
Cutoff Grade
0.28
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-06-30

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
WGS84 / UTM Zone 40N
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The gold content in the Indicated stockpile material provides additional byproduct value from an accessible source.

Positive factors

  • Gold as a byproduct from readily available stockpile material.

Evidence · table

“0.21”

Context: 0.07

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

inferredAl Wash-hi Majaza Copper Mine · copperTonnes: 10000Grade: 1.42Grade Unit: %Contained Metal: 0.2Contained Unit: ktView all details
Link to this fact

Identity

Project
Al Wash-hi Majaza Copper Mine
Commodity
copper
Region
oman
Reported Region
Oman
Ticker
AUQ

Resource scope

Estimate type
resource
Effective date
2026-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Shameek Chattopadhyay, Somnath Gain
Resource group id
resource:f251aedd9ab2a0e66d0e
Deposit or zone
In situ (open pit)
Mining method
open_pit
Ownership percent
51 %
Resource basis
gross

Resource Data

Category
inferred
Tonnes
10000
Grade
1.42
Grade Unit
%
Contained Metal
0.2
Contained Unit
kt
Cutoff Grade
0.28
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-06-30

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
WGS84 / UTM Zone 40N
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: A small amount of Inferred copper resource is present, which, despite a high grade, carries lower confidence and requires further drilling for upgrade.

Positive factors

  • High copper grade in this small inferred portion.

Negative factors

  • Inferred category has lower geological confidence.

Evidence · table

“1.42”

Context: 0.01

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

inferredAl Wash-hi Majaza Copper Mine · goldTonnes: 10000Grade: 0.5Grade Unit: g/tContained Metal: 0.2Contained Unit: kozView all details
Link to this fact

Identity

Project
Al Wash-hi Majaza Copper Mine
Commodity
gold
Region
oman
Reported Region
Oman
Ticker
AUQ

Resource scope

Estimate type
resource
Effective date
2026-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Shameek Chattopadhyay, Somnath Gain
Resource group id
resource:f251aedd9ab2a0e66d0e
Deposit or zone
In situ (open pit)
Mining method
open_pit
Ownership percent
51 %
Resource basis
gross

Resource Data

Category
inferred
Tonnes
10000
Grade
0.5
Grade Unit
g/t
Contained Metal
0.2
Contained Unit
koz
Cutoff Grade
0.28
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-06-30

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
WGS84 / UTM Zone 40N
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: A small amount of Inferred gold resource is present, which, despite a good grade, carries lower confidence and requires further drilling for upgrade.

Positive factors

  • Gold as a byproduct in this small inferred portion.

Negative factors

  • Inferred category has lower geological confidence.

Evidence · table

“0.50”

Context: 0.01

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

inferredAl Wash-hi Majaza Copper Mine · copperTonnes: 210000Grade: 0.45Grade Unit: %Contained Metal: 0.9Contained Unit: ktView all details
Link to this fact

Identity

Project
Al Wash-hi Majaza Copper Mine
Commodity
copper
Region
oman
Reported Region
Oman
Ticker
AUQ

Resource scope

Estimate type
resource
Effective date
2026-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Shameek Chattopadhyay, Somnath Gain
Resource group id
resource:8dd74c8c51b225eea02b
Deposit or zone
Stockpiles
Mining method
open_pit
Material type
stockpile
Ownership percent
51 %
Resource basis
gross

Resource Data

Category
inferred
Tonnes
210000
Grade
0.45
Grade Unit
%
Contained Metal
0.9
Contained Unit
kt
Cutoff Grade
0.28
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-06-30

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
WGS84 / UTM Zone 40N
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The Inferred stockpile material adds a small amount of copper resource, but its lower confidence category means it requires further validation.

Negative factors

  • Inferred category has lower geological confidence.

Evidence · table

“0.45”

Context: 0.21

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

inferredAl Wash-hi Majaza Copper Mine · goldTonnes: 210000Grade: 0.13Grade Unit: g/tContained Metal: 0.9Contained Unit: kozView all details
Link to this fact

Identity

Project
Al Wash-hi Majaza Copper Mine
Commodity
gold
Region
oman
Reported Region
Oman
Ticker
AUQ

Resource scope

Estimate type
resource
Effective date
2026-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Shameek Chattopadhyay, Somnath Gain
Resource group id
resource:8dd74c8c51b225eea02b
Deposit or zone
Stockpiles
Mining method
open_pit
Material type
stockpile
Ownership percent
51 %
Resource basis
gross

Resource Data

Category
inferred
Tonnes
210000
Grade
0.13
Grade Unit
g/t
Contained Metal
0.9
Contained Unit
koz
Cutoff Grade
0.28
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-06-30

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
WGS84 / UTM Zone 40N
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The Inferred stockpile material adds a small amount of gold resource, but its lower confidence category means it requires further validation.

Negative factors

  • Inferred category has lower geological confidence.

Evidence · table

“0.13”

Context: 0.21

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

In situ (open pit)Al Wash-hi Majaza Copper Mine · copperTonnes: 9950000Grade: 0.79Grade Unit: %Contained Metal: 78.4Contained Unit: ktView all details
Link to this fact

Identity

Project
Al Wash-hi Majaza Copper Mine
Commodity
copper
Region
oman
Reported Region
Oman
Ticker
AUQ

Resource scope

Estimate type
resource
Effective date
2026-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Shameek Chattopadhyay, Somnath Gain
Resource group id
resource:4d48e247f3f6e54daf34
Deposit or zone
In situ (open pit)
Mining method
open_pit
Ownership percent
51 %
Resource basis
gross

Resource Data

Tonnes
9950000
Grade
0.79
Grade Unit
%
Contained Metal
78.4
Contained Unit
kt
Cutoff Grade
0.28
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-06-30

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
WGS84 / UTM Zone 40N
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The total in-situ Mineral Resource for copper represents a substantial portion of the project's potential, with a good average grade.

Positive factors

  • Significant total in-situ copper resource.

Evidence · table

“0.79”

Context: 9.95

Tags used in scoring

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

In situ (open pit)Al Wash-hi Majaza Copper Mine · goldTonnes: 9950000Grade: 0.25Grade Unit: g/tContained Metal: 80Contained Unit: kozView all details
Link to this fact

Identity

Project
Al Wash-hi Majaza Copper Mine
Commodity
gold
Region
oman
Reported Region
Oman
Ticker
AUQ

Resource scope

Estimate type
resource
Effective date
2026-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Shameek Chattopadhyay, Somnath Gain
Resource group id
resource:4d48e247f3f6e54daf34
Deposit or zone
In situ (open pit)
Mining method
open_pit
Ownership percent
51 %
Resource basis
gross

Resource Data

Tonnes
9950000
Grade
0.25
Grade Unit
g/t
Contained Metal
80
Contained Unit
koz
Cutoff Grade
0.28
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-06-30

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
WGS84 / UTM Zone 40N
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The total in-situ Mineral Resource for gold provides a valuable byproduct component, enhancing the overall project economics.

Positive factors

  • Significant total in-situ gold byproduct resource.

Evidence · table

“0.25”

Context: 9.95

Tags used in scoring

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

StockpilesAl Wash-hi Majaza Copper Mine · copperTonnes: 280000Grade: 0.54Grade Unit: %Contained Metal: 1.5Contained Unit: ktView all details
Link to this fact

Identity

Project
Al Wash-hi Majaza Copper Mine
Commodity
copper
Region
oman
Reported Region
Oman
Ticker
AUQ

Resource scope

Estimate type
resource
Effective date
2026-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Shameek Chattopadhyay, Somnath Gain
Resource group id
resource:57c2de6101bca8ae6da1
Deposit or zone
Stockpiles
Mining method
open_pit
Material type
stockpile
Ownership percent
51 %
Resource basis
gross

Resource Data

Tonnes
280000
Grade
0.54
Grade Unit
%
Contained Metal
1.5
Contained Unit
kt
Cutoff Grade
0.28
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-06-30

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
WGS84 / UTM Zone 40N
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The total stockpile Mineral Resource for copper adds a small but accessible component to the overall resource, with a reasonable grade.

Positive factors

  • Stockpiled material provides readily available ore.

Evidence · table

“0.54”

Context: 0.28

Tags used in scoring

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

StockpilesAl Wash-hi Majaza Copper Mine · goldTonnes: 280000Grade: 0.15Grade Unit: g/tContained Metal: 1.4Contained Unit: kozView all details
Link to this fact

Identity

Project
Al Wash-hi Majaza Copper Mine
Commodity
gold
Region
oman
Reported Region
Oman
Ticker
AUQ

Resource scope

Estimate type
resource
Effective date
2026-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Shameek Chattopadhyay, Somnath Gain
Resource group id
resource:57c2de6101bca8ae6da1
Deposit or zone
Stockpiles
Mining method
open_pit
Material type
stockpile
Ownership percent
51 %
Resource basis
gross

Resource Data

Tonnes
280000
Grade
0.15
Grade Unit
g/t
Contained Metal
1.4
Contained Unit
koz
Cutoff Grade
0.28
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-06-30

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
WGS84 / UTM Zone 40N
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The total stockpile Mineral Resource for gold provides additional byproduct value from an accessible source.

Positive factors

  • Gold as a byproduct from readily available stockpile material.

Evidence · table

“0.15”

Context: 0.28

Tags used in scoring

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Fact 15Al Wash-hi Majaza Copper Mine · copperTonnes: 10230000Grade: 0.78Grade Unit: %Contained Metal: 79.9Contained Unit: ktView all details
Link to this fact

Identity

Project
Al Wash-hi Majaza Copper Mine
Commodity
copper
Region
oman
Reported Region
Oman
Ticker
AUQ

Resource scope

Estimate type
resource
Effective date
2026-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Shameek Chattopadhyay, Somnath Gain
Resource group id
resource:c1b2503e3c66d968a4ab
Mining method
open_pit
Ownership percent
51 %
Resource basis
gross

Resource Data

Tonnes
10230000
Grade
0.78
Grade Unit
%
Contained Metal
79.9
Contained Unit
kt
Cutoff Grade
0.28
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-06-30
Prior Tonnes
13800000

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
WGS84 / UTM Zone 40N
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The total Mineral Resource for copper, while now RPEEE-constrained for improved integrity, shows a decrease in tonnage compared to the previous estimate, primarily due to the application of the pit shell and depletion.

Positive factors

  • Resource is now RPEEE-constrained, improving integrity.
  • Good overall copper grade.

Negative factors

  • Overall tonnage decrease from prior estimate due to RPEEE constraint and depletion.

Evidence · table

“0.78”

Context: 10.23

Tags used in scoring

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Tonnage Declinenegative

Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.

Why it applies: 10230000 against 13800000 previously

Fact 16Al Wash-hi Majaza Copper Mine · goldTonnes: 10230000Grade: 0.25Grade Unit: g/tContained Metal: 81.4Contained Unit: kozView all details
Link to this fact

Identity

Project
Al Wash-hi Majaza Copper Mine
Commodity
gold
Region
oman
Reported Region
Oman
Ticker
AUQ

Resource scope

Estimate type
resource
Effective date
2026-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Shameek Chattopadhyay, Somnath Gain
Resource group id
resource:c1b2503e3c66d968a4ab
Mining method
open_pit
Ownership percent
51 %
Resource basis
gross

Resource Data

Tonnes
10230000
Grade
0.25
Grade Unit
g/t
Contained Metal
81.4
Contained Unit
koz
Cutoff Grade
0.28
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-06-30
Prior Tonnes
13800000

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
WGS84 / UTM Zone 40N
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The total Mineral Resource for gold, as a byproduct, contributes to the project's value, but the overall tonnage has decreased compared to the previous estimate.

Positive factors

  • Gold provides valuable byproduct credit.

Negative factors

  • Overall tonnage decrease from prior estimate due to RPEEE constraint and depletion.

Evidence · table

“0.25”

Context: 10.23

Tags used in scoring

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Tonnage Declinenegative

Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.

Why it applies: 10230000 against 13800000 previously

probableAl Wash-hi Majaza Copper Mine · copperTonnes: 7630000Grade: 0.81Grade Unit: %Contained Metal: 61.8Contained Unit: ktView all details
Link to this fact

Identity

Project
Al Wash-hi Majaza Copper Mine
Commodity
copper
Region
oman
Reported Region
Oman
Ticker
AUQ

Resource scope

Estimate type
reserve
Effective date
2026-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Shameek Chattopadhyay, Somnath Gain
Resource group id
resource:a49f0b37a337ac6b220b
Deposit or zone
In situ (open pit)
Mining method
open_pit
Ownership percent
51 %
Resource basis
gross

Resource Data

Category
probable
Tonnes
7630000
Grade
0.81
Grade Unit
%
Contained Metal
61.8
Contained Unit
kt
Cutoff Grade
0.28
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-06-30

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
WGS84 / UTM Zone 40N
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The in-situ Probable Ore Reserve for copper represents a substantial economically extractable portion, but the classification as Probable, even for material from Measured Resources, indicates remaining uncertainties in Modifying Factors.

Positive factors

  • Significant contained copper metal in the Ore Reserve.

Negative factors

  • All reserves are Probable, with Measured Resources downgraded due to Modifying Factor uncertainties.

Evidence · table

“0.81”

Context: 7.63

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

probableAl Wash-hi Majaza Copper Mine · goldTonnes: 7630000Grade: 0.25Grade Unit: g/tContained Metal: 61.3Contained Unit: kozView all details
Link to this fact

Identity

Project
Al Wash-hi Majaza Copper Mine
Commodity
gold
Region
oman
Reported Region
Oman
Ticker
AUQ

Resource scope

Estimate type
reserve
Effective date
2026-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Shameek Chattopadhyay, Somnath Gain
Resource group id
resource:a49f0b37a337ac6b220b
Deposit or zone
In situ (open pit)
Mining method
open_pit
Ownership percent
51 %
Resource basis
gross

Resource Data

Category
probable
Tonnes
7630000
Grade
0.25
Grade Unit
g/t
Contained Metal
61.3
Contained Unit
koz
Cutoff Grade
0.28
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-06-30

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
WGS84 / UTM Zone 40N
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The in-situ Probable Ore Reserve for gold, as a byproduct, contributes to the project's economic viability, but the Probable classification indicates remaining uncertainties.

Positive factors

  • Gold provides valuable byproduct credit in the Ore Reserve.

Negative factors

  • All reserves are Probable, with Measured Resources downgraded due to Modifying Factor uncertainties.

Evidence · table

“0.25”

Context: 7.63

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

probableAl Wash-hi Majaza Copper Mine · copperTonnes: 70000Grade: 0.82Grade Unit: %Contained Metal: 0.6Contained Unit: ktView all details
Link to this fact

Identity

Project
Al Wash-hi Majaza Copper Mine
Commodity
copper
Region
oman
Reported Region
Oman
Ticker
AUQ

Resource scope

Estimate type
reserve
Effective date
2026-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Shameek Chattopadhyay, Somnath Gain
Resource group id
resource:7e7cecb37ae570a16e6d
Deposit or zone
Stockpiles
Mining method
open_pit
Material type
stockpile
Ownership percent
51 %
Resource basis
gross

Resource Data

Category
probable
Tonnes
70000
Grade
0.82
Grade Unit
%
Contained Metal
0.6
Contained Unit
kt
Cutoff Grade
0.28
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-06-30

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
WGS84 / UTM Zone 40N
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The Probable Ore Reserve includes a small amount of high-grade copper from stockpiles, offering immediate feed, but is subject to the overall Probable classification.

Positive factors

  • Stockpiled material provides readily available ore for the Ore Reserve.

Negative factors

  • All reserves are Probable, with Measured Resources downgraded due to Modifying Factor uncertainties.

Evidence · table

“0.82”

Context: 0.07

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

probableAl Wash-hi Majaza Copper Mine · goldTonnes: 70000Grade: 0.21Grade Unit: g/tContained Metal: 0.5Contained Unit: kozView all details
Link to this fact

Identity

Project
Al Wash-hi Majaza Copper Mine
Commodity
gold
Region
oman
Reported Region
Oman
Ticker
AUQ

Resource scope

Estimate type
reserve
Effective date
2026-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Shameek Chattopadhyay, Somnath Gain
Resource group id
resource:7e7cecb37ae570a16e6d
Deposit or zone
Stockpiles
Mining method
open_pit
Material type
stockpile
Ownership percent
51 %
Resource basis
gross

Resource Data

Category
probable
Tonnes
70000
Grade
0.21
Grade Unit
g/t
Contained Metal
0.5
Contained Unit
koz
Cutoff Grade
0.28
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-06-30

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
WGS84 / UTM Zone 40N
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The Probable Ore Reserve includes gold from stockpiles, providing byproduct value, but is subject to the overall Probable classification due to Modifying Factor uncertainties.

Positive factors

  • Gold as a byproduct from readily available stockpile material in the Ore Reserve.

Negative factors

  • All reserves are Probable, with Measured Resources downgraded due to Modifying Factor uncertainties.

Evidence · table

“0.21”

Context: 0.07

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

probableAl Wash-hi Majaza Copper Mine · copperTonnes: 7700000Grade: 0.81Grade Unit: %Contained Metal: 62.4Contained Unit: ktView all details
Link to this fact

Identity

Project
Al Wash-hi Majaza Copper Mine
Commodity
copper
Region
oman
Reported Region
Oman
Ticker
AUQ

Resource scope

Estimate type
reserve
Effective date
2026-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Shameek Chattopadhyay, Somnath Gain
Resource group id
resource:f55a822d4bdbca386185
Mining method
open_pit
Ownership percent
51 %
Resource basis
gross

Resource Data

Category
probable
Tonnes
7700000
Grade
0.81
Grade Unit
%
Contained Metal
62.4
Contained Unit
kt
Cutoff Grade
0.28
Cutoff Unit
%

Prior Estimate

Resource Date
2026-06-30
Prior Tonnes
8380000

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
WGS84 / UTM Zone 40N
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The total Ore Reserve for copper, while supporting a consistent mine life, shows a decrease in tonnage due to depletion and is entirely classified as Probable due to remaining uncertainties in Modifying Factors.

Positive factors

  • Supports an 8-year mine life consistent with expectations.
  • Good overall copper grade for the Ore Reserve.

Negative factors

  • Overall tonnage decrease from prior estimate due to mining depletion.
  • All reserves are Probable, with Measured Resources downgraded due to Modifying Factor uncertainties.

Evidence · table

“0.81”

Context: 7.70

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Tonnage Declinenegative

Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.

Why it applies: 7700000 against 8380000 previously

probableAl Wash-hi Majaza Copper Mine · goldTonnes: 7700000Grade: 0.25Grade Unit: g/tContained Metal: 61.8Contained Unit: kozView all details
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Identity

Project
Al Wash-hi Majaza Copper Mine
Commodity
gold
Region
oman
Reported Region
Oman
Ticker
AUQ

Resource scope

Estimate type
reserve
Effective date
2026-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Shameek Chattopadhyay, Somnath Gain
Resource group id
resource:f55a822d4bdbca386185
Mining method
open_pit
Ownership percent
51 %
Resource basis
gross

Resource Data

Category
probable
Tonnes
7700000
Grade
0.25
Grade Unit
g/t
Contained Metal
61.8
Contained Unit
koz
Cutoff Grade
0.28
Cutoff Unit
%

Prior Estimate

Resource Date
2026-06-30
Prior Tonnes
8380000

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
WGS84 / UTM Zone 40N
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The total Ore Reserve for gold, as a byproduct, contributes to the project's value, but the overall tonnage has decreased and the Probable classification indicates remaining uncertainties.

Positive factors

  • Gold provides valuable byproduct credit in the Ore Reserve.

Negative factors

  • Overall tonnage decrease from prior estimate due to mining depletion.
  • All reserves are Probable, with Measured Resources downgraded due to Modifying Factor uncertainties.

Evidence · table

“0.25”

Context: 7.70

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Tonnage Declinenegative

Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.

Why it applies: 7700000 against 8380000 previously

indicatedAl Wash-hi Majaza Copper Mine · copperTonnes: 5250000Grade: 0.64Grade Unit: %View all details
Link to this fact

Identity

Project
Al Wash-hi Majaza Copper Mine
Commodity
copper
Region
oman
Reported Region
Oman
Ticker
AUQ

Resource scope

Estimate type
resource
Effective date
2026-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Shameek Chattopadhyay, Somnath Gain
Resource group id
resource:a4a3d2fdc103c154bcde
Deposit or zone
In situ (open pit)
Mining method
open_pit
Ownership percent
51 %
Resource basis
gross

Resource Data

Category
indicated
Tonnes
5250000
Grade
0.64
Grade Unit
%
Cutoff Grade
0.28
Cutoff Unit
%

Prior Estimate

Resource Date
2026-06-30

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
WGS84 / UTM Zone 40N
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The Indicated Resource adds substantial tonnage and contained copper, providing a solid base for further economic evaluation and conversion to reserves. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Indicated Resource provides reasonable geological confidence for future studies.
  • Significant contained copper metal.

Evidence · table

“0.64”

Context: 5.25

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

indicatedAl Wash-hi Majaza Copper Mine · goldTonnes: 5250000Grade: 0.21Grade Unit: g/tView all details
Link to this fact

Identity

Project
Al Wash-hi Majaza Copper Mine
Commodity
gold
Region
oman
Reported Region
Oman
Ticker
AUQ

Resource scope

Estimate type
resource
Effective date
2026-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Shameek Chattopadhyay, Somnath Gain
Resource group id
resource:a4a3d2fdc103c154bcde
Deposit or zone
In situ (open pit)
Mining method
open_pit
Ownership percent
51 %
Resource basis
gross

Resource Data

Category
indicated
Tonnes
5250000
Grade
0.21
Grade Unit
g/t
Cutoff Grade
0.28
Cutoff Unit
%

Prior Estimate

Resource Date
2026-06-30

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
WGS84 / UTM Zone 40N
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The Indicated Resource adds substantial tonnage and contained copper, providing a solid base for further economic evaluation and conversion to reserves. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Indicated Resource provides reasonable geological confidence for future studies.
  • Significant contained copper metal.

Evidence · table

“0.21”

Context: 5.25

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

inferredAl Wash-hi Majaza Copper Mine · copperTonnes: 220000Grade: 0.49Grade Unit: %View all details
Link to this fact

Identity

Project
Al Wash-hi Majaza Copper Mine
Commodity
copper
Region
oman
Reported Region
Oman
Ticker
AUQ

Resource scope

Estimate type
resource
Effective date
2026-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Shameek Chattopadhyay, Somnath Gain
Resource group id
resource:13b40f161373251ae1be
Deposit or zone
In situ (open pit)
Mining method
open_pit
Ownership percent
51 %
Resource basis
gross

Resource Data

Category
inferred
Tonnes
220000
Grade
0.49
Grade Unit
%
Cutoff Grade
0.28
Cutoff Unit
%

Prior Estimate

Resource Date
2026-06-30

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
WGS84 / UTM Zone 40N
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: A small amount of Inferred copper resource is present, which, despite a high grade, carries lower confidence and requires further drilling for upgrade. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • High copper grade in this small inferred portion.

Negative factors

  • Inferred category has lower geological confidence.

Evidence · table

“0.49”

Context: 0.22

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

inferredAl Wash-hi Majaza Copper Mine · goldTonnes: 220000Grade: 0.15Grade Unit: g/tView all details
Link to this fact

Identity

Project
Al Wash-hi Majaza Copper Mine
Commodity
gold
Region
oman
Reported Region
Oman
Ticker
AUQ

Resource scope

Estimate type
resource
Effective date
2026-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Shameek Chattopadhyay, Somnath Gain
Resource group id
resource:13b40f161373251ae1be
Deposit or zone
In situ (open pit)
Mining method
open_pit
Ownership percent
51 %
Resource basis
gross

Resource Data

Category
inferred
Tonnes
220000
Grade
0.15
Grade Unit
g/t
Cutoff Grade
0.28
Cutoff Unit
%

Prior Estimate

Resource Date
2026-06-30

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
WGS84 / UTM Zone 40N
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: A small amount of Inferred copper resource is present, which, despite a high grade, carries lower confidence and requires further drilling for upgrade. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • High copper grade in this small inferred portion.

Negative factors

  • Inferred category has lower geological confidence.

Evidence · table

“0.15”

Context: 0.22

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

inferredAl Wash-hi Majaza Copper Mine · copperTonnes: 10230000Grade: 0.78Grade Unit: %View all details
Link to this fact

Identity

Project
Al Wash-hi Majaza Copper Mine
Commodity
copper
Region
oman
Reported Region
Oman
Ticker
AUQ

Resource scope

Estimate type
resource
Effective date
2026-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Shameek Chattopadhyay, Somnath Gain
Resource group id
resource:45dfab1def888d3fcdb6
Mining method
open_pit
Ownership percent
51 %
Resource basis
gross

Resource Data

Category
inferred
Tonnes
10230000
Grade
0.78
Grade Unit
%
Cutoff Grade
0.28
Cutoff Unit
%

Prior Estimate

Resource Date
2026-06-30

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
WGS84 / UTM Zone 40N
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: A small amount of Inferred copper resource is present, which, despite a high grade, carries lower confidence and requires further drilling for upgrade. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • High copper grade in this small inferred portion.

Negative factors

  • Inferred category has lower geological confidence.

Evidence · table

“0.78”

Context: 10.23

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

inferredAl Wash-hi Majaza Copper Mine · goldTonnes: 10230000Grade: 0.25Grade Unit: g/tView all details
Link to this fact

Identity

Project
Al Wash-hi Majaza Copper Mine
Commodity
gold
Region
oman
Reported Region
Oman
Ticker
AUQ

Resource scope

Estimate type
resource
Effective date
2026-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Shameek Chattopadhyay, Somnath Gain
Resource group id
resource:45dfab1def888d3fcdb6
Mining method
open_pit
Ownership percent
51 %
Resource basis
gross

Resource Data

Category
inferred
Tonnes
10230000
Grade
0.25
Grade Unit
g/t
Cutoff Grade
0.28
Cutoff Unit
%

Prior Estimate

Resource Date
2026-06-30

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
WGS84 / UTM Zone 40N
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: A small amount of Inferred copper resource is present, which, despite a high grade, carries lower confidence and requires further drilling for upgrade. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • High copper grade in this small inferred portion.

Negative factors

  • Inferred category has lower geological confidence.

Evidence · table

“0.25”

Context: 10.23

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

provenAl Wash-hi Majaza Copper Mine · copperTonnes: 0Grade: 0Grade Unit: %View all details
Link to this fact

Identity

Project
Al Wash-hi Majaza Copper Mine
Commodity
copper
Region
oman
Reported Region
Oman
Ticker
AUQ

Resource scope

Estimate type
resource
Effective date
2026-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Shameek Chattopadhyay, Somnath Gain
Resource group id
resource:9a91846ee58a7046a79b
Deposit or zone
In situ (open pit)
Mining method
open_pit
Ownership percent
51 %
Resource basis
gross

Resource Data

Category
proven
Tonnes
0
Grade
0
Grade Unit
%
Cutoff Grade
0.28
Cutoff Unit
%

Prior Estimate

Resource Date
2026-06-30

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
WGS84 / UTM Zone 40N
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The Measured Resource represents the highest confidence category, with a substantial tonnage and good copper grade for the deposit type, contributing significantly to the overall resource. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • High confidence Measured Resource category.
  • Good copper grade for an open pit VMS deposit.
  • Significant contained copper metal.

Evidence · table

“0.00”

Context: 0.00

Tags used in scoring

Proven Reservepositive

Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

provenAl Wash-hi Majaza Copper Mine · goldTonnes: 0Grade: 0Grade Unit: g/tView all details
Link to this fact

Identity

Project
Al Wash-hi Majaza Copper Mine
Commodity
gold
Region
oman
Reported Region
Oman
Ticker
AUQ

Resource scope

Estimate type
resource
Effective date
2026-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Shameek Chattopadhyay, Somnath Gain
Resource group id
resource:9a91846ee58a7046a79b
Deposit or zone
In situ (open pit)
Mining method
open_pit
Ownership percent
51 %
Resource basis
gross

Resource Data

Category
proven
Tonnes
0
Grade
0
Grade Unit
g/t
Cutoff Grade
0.28
Cutoff Unit
%

Prior Estimate

Resource Date
2026-06-30

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
WGS84 / UTM Zone 40N
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The Measured Resource represents the highest confidence category, with a substantial tonnage and good copper grade for the deposit type, contributing significantly to the overall resource. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • High confidence Measured Resource category.
  • Good copper grade for an open pit VMS deposit.
  • Significant contained copper metal.

Evidence · table

“0.00”

Context: 0.00

Tags used in scoring

Proven Reservepositive

Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

inferredAl Wash-hi Majaza Copper Mine · copperTonnes: 7700000Grade: 0.81Grade Unit: %View all details
Link to this fact

Identity

Project
Al Wash-hi Majaza Copper Mine
Commodity
copper
Region
oman
Reported Region
Oman
Ticker
AUQ

Resource scope

Estimate type
resource
Effective date
2026-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Shameek Chattopadhyay, Somnath Gain
Resource group id
resource:b4ada69425512b360464
Mining method
open_pit
Ownership percent
51 %
Resource basis
gross

Resource Data

Category
inferred
Tonnes
7700000
Grade
0.81
Grade Unit
%
Cutoff Grade
0.28
Cutoff Unit
%

Prior Estimate

Resource Date
2026-06-30

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
WGS84 / UTM Zone 40N
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: A small amount of Inferred copper resource is present, which, despite a high grade, carries lower confidence and requires further drilling for upgrade. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • High copper grade in this small inferred portion.

Negative factors

  • Inferred category has lower geological confidence.

Evidence · table

“0.81”

Context: 7.70

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

inferredAl Wash-hi Majaza Copper Mine · goldTonnes: 7700000Grade: 0.25Grade Unit: g/tView all details
Link to this fact

Identity

Project
Al Wash-hi Majaza Copper Mine
Commodity
gold
Region
oman
Reported Region
Oman
Ticker
AUQ

Resource scope

Estimate type
resource
Effective date
2026-06-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Shameek Chattopadhyay, Somnath Gain
Resource group id
resource:b4ada69425512b360464
Mining method
open_pit
Ownership percent
51 %
Resource basis
gross

Resource Data

Category
inferred
Tonnes
7700000
Grade
0.25
Grade Unit
g/t
Cutoff Grade
0.28
Cutoff Unit
%

Prior Estimate

Resource Date
2026-06-30

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
WGS84 / UTM Zone 40N
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: A small amount of Inferred copper resource is present, which, despite a high grade, carries lower confidence and requires further drilling for upgrade. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • High copper grade in this small inferred portion.

Negative factors

  • Inferred category has lower geological confidence.

Evidence · table

“0.25”

Context: 7.70

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

measuredAudited Mineral Resource statement for the Al Wash-hi Majaza · copperTonnes: 4760000Grade: 0.95Grade Unit: %View all details
Link to this fact

Identity

Project
Audited Mineral Resource statement for the Al Wash-hi Majaza
Commodity
copper
Ticker
AUQ

Resource scope

Estimate type
resource
Effective date
2026-06-30T00:00:00.000Z
Reporting standards
jorc
Resource group id
resource:8ee29e8a9948b4a408fc
Mining method
open_pit

Resource Data

Category
measured
Tonnes
4760000
Grade
0.95
Grade Unit
%
Cutoff Grade
0.28
Cutoff Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“0.95”

Context: 4.76

Tags used in scoring

Measured Resourcepositive

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

Why it applies: category is "measured"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

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

measuredAudited Mineral Resource statement for the Al Wash-hi Majaza · goldTonnes: 4760000Grade: 0.29Grade Unit: g/tView all details
Link to this fact

Identity

Project
Audited Mineral Resource statement for the Al Wash-hi Majaza
Commodity
gold
Ticker
AUQ

Resource scope

Estimate type
resource
Effective date
2026-06-30T00:00:00.000Z
Reporting standards
jorc
Resource group id
resource:8ee29e8a9948b4a408fc
Mining method
open_pit

Resource Data

Category
measured
Tonnes
4760000
Grade
0.29
Grade Unit
g/t
Cutoff Grade
0.28
Cutoff Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“0.29”

Context: 4.76

Tags used in scoring

Measured Resourcepositive

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

Why it applies: category is "measured"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

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

indicatedAudited Mineral Resource statement for the Al Wash-hi Majaza · copperTonnes: 5250000Grade: 0.64Grade Unit: %View all details
Link to this fact

Identity

Project
Audited Mineral Resource statement for the Al Wash-hi Majaza
Commodity
copper
Ticker
AUQ

Resource scope

Estimate type
resource
Effective date
2026-06-30T00:00:00.000Z
Reporting standards
jorc
Resource group id
resource:b7caeed405ee97e6b938
Mining method
open_pit

Resource Data

Category
indicated
Tonnes
5250000
Grade
0.64
Grade Unit
%
Cutoff Grade
0.28
Cutoff Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“0.64”

Context: 5.25

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

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

indicatedAudited Mineral Resource statement for the Al Wash-hi Majaza · goldTonnes: 5250000Grade: 0.21Grade Unit: g/tView all details
Link to this fact

Identity

Project
Audited Mineral Resource statement for the Al Wash-hi Majaza
Commodity
gold
Ticker
AUQ

Resource scope

Estimate type
resource
Effective date
2026-06-30T00:00:00.000Z
Reporting standards
jorc
Resource group id
resource:b7caeed405ee97e6b938
Mining method
open_pit

Resource Data

Category
indicated
Tonnes
5250000
Grade
0.21
Grade Unit
g/t
Cutoff Grade
0.28
Cutoff Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“0.21”

Context: 5.25

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

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

indicatedAudited Mineral Resource statement for the Al Wash-hi Majaza · copperTonnes: 10010000Grade: 0.79Grade Unit: %View all details
Link to this fact

Identity

Project
Audited Mineral Resource statement for the Al Wash-hi Majaza
Commodity
copper
Ticker
AUQ

Resource scope

Estimate type
resource
Effective date
2026-06-30T00:00:00.000Z
Reporting standards
jorc
Resource group id
resource:46cb6a1652179e63ca90
Mining method
open_pit

Resource Data

Category
indicated
Tonnes
10010000
Grade
0.79
Grade Unit
%
Cutoff Grade
0.28
Cutoff Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“0.79”

Context: 10.01

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

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

indicatedAudited Mineral Resource statement for the Al Wash-hi Majaza · goldTonnes: 10010000Grade: 0.25Grade Unit: g/tView all details
Link to this fact

Identity

Project
Audited Mineral Resource statement for the Al Wash-hi Majaza
Commodity
gold
Ticker
AUQ

Resource scope

Estimate type
resource
Effective date
2026-06-30T00:00:00.000Z
Reporting standards
jorc
Resource group id
resource:46cb6a1652179e63ca90
Mining method
open_pit

Resource Data

Category
indicated
Tonnes
10010000
Grade
0.25
Grade Unit
g/t
Cutoff Grade
0.28
Cutoff Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“0.25”

Context: 10.01

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

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

inferredAudited Mineral Resource statement for the Al Wash-hi Majaza · copperTonnes: 220000Grade: 0.49Grade Unit: %View all details
Link to this fact

Identity

Project
Audited Mineral Resource statement for the Al Wash-hi Majaza
Commodity
copper
Ticker
AUQ

Resource scope

Estimate type
resource
Effective date
2026-06-30T00:00:00.000Z
Reporting standards
jorc
Resource group id
resource:59d15752313ad8df44b2
Mining method
open_pit

Resource Data

Category
inferred
Tonnes
220000
Grade
0.49
Grade Unit
%
Cutoff Grade
0.28
Cutoff Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“0.49”

Context: 0.22

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

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

inferredAudited Mineral Resource statement for the Al Wash-hi Majaza · goldTonnes: 220000Grade: 0.15Grade Unit: g/tView all details
Link to this fact

Identity

Project
Audited Mineral Resource statement for the Al Wash-hi Majaza
Commodity
gold
Ticker
AUQ

Resource scope

Estimate type
resource
Effective date
2026-06-30T00:00:00.000Z
Reporting standards
jorc
Resource group id
resource:59d15752313ad8df44b2
Mining method
open_pit

Resource Data

Category
inferred
Tonnes
220000
Grade
0.15
Grade Unit
g/t
Cutoff Grade
0.28
Cutoff Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“0.15”

Context: 0.22

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

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

inferredAudited Mineral Resource statement for the Al Wash-hi Majaza · copperTonnes: 10230000Grade: 0.78Grade Unit: %View all details
Link to this fact

Identity

Project
Audited Mineral Resource statement for the Al Wash-hi Majaza
Commodity
copper
Ticker
AUQ

Resource scope

Estimate type
resource
Effective date
2026-06-30T00:00:00.000Z
Reporting standards
jorc
Resource group id
resource:fd9bfa675ff1944b8e3d
Mining method
open_pit

Resource Data

Category
inferred
Tonnes
10230000
Grade
0.78
Grade Unit
%
Cutoff Grade
0.28
Cutoff Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“0.78”

Context: 10.23

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

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

inferredAudited Mineral Resource statement for the Al Wash-hi Majaza · goldTonnes: 10230000Grade: 0.25Grade Unit: g/tView all details
Link to this fact

Identity

Project
Audited Mineral Resource statement for the Al Wash-hi Majaza
Commodity
gold
Ticker
AUQ

Resource scope

Estimate type
resource
Effective date
2026-06-30T00:00:00.000Z
Reporting standards
jorc
Resource group id
resource:fd9bfa675ff1944b8e3d
Mining method
open_pit

Resource Data

Category
inferred
Tonnes
10230000
Grade
0.25
Grade Unit
g/t
Cutoff Grade
0.28
Cutoff Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“0.25”

Context: 10.23

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

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

provenAudited Ore Reserve statement for the Al Wash-hi Majaza · copperTonnes: 0Grade: 0Grade Unit: %View all details
Link to this fact

Identity

Project
Audited Ore Reserve statement for the Al Wash-hi Majaza
Commodity
copper
Ticker
AUQ

Resource scope

Estimate type
reserve
Effective date
2026-06-30T00:00:00.000Z
Reporting standards
jorc
Resource group id
resource:ac012de852badde142b4
Mining method
open_pit

Resource Data

Category
proven
Tonnes
0
Grade
0
Grade Unit
%
Cutoff Grade
0.28
Cutoff Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“0.00”

Context: 0.00

Tags used in scoring

Proven Reservepositive

Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

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

provenAudited Ore Reserve statement for the Al Wash-hi Majaza · goldTonnes: 0Grade: 0Grade Unit: g/tView all details
Link to this fact

Identity

Project
Audited Ore Reserve statement for the Al Wash-hi Majaza
Commodity
gold
Ticker
AUQ

Resource scope

Estimate type
reserve
Effective date
2026-06-30T00:00:00.000Z
Reporting standards
jorc
Resource group id
resource:ac012de852badde142b4
Mining method
open_pit

Resource Data

Category
proven
Tonnes
0
Grade
0
Grade Unit
g/t
Cutoff Grade
0.28
Cutoff Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“0.00”

Context: 0.00

Tags used in scoring

Proven Reservepositive

Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

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

probableAudited Ore Reserve statement for the Al Wash-hi Majaza · copperTonnes: 7700000Grade: 0.81Grade Unit: %View all details
Link to this fact

Identity

Project
Audited Ore Reserve statement for the Al Wash-hi Majaza
Commodity
copper
Ticker
AUQ

Resource scope

Estimate type
reserve
Effective date
2026-06-30T00:00:00.000Z
Reporting standards
jorc
Resource group id
resource:727949ba2316abf1265b
Mining method
open_pit

Resource Data

Category
probable
Tonnes
7700000
Grade
0.81
Grade Unit
%
Cutoff Grade
0.28
Cutoff Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“0.81”

Context: 7.70

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

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

probableAudited Ore Reserve statement for the Al Wash-hi Majaza · goldTonnes: 7700000Grade: 0.25Grade Unit: g/tView all details
Link to this fact

Identity

Project
Audited Ore Reserve statement for the Al Wash-hi Majaza
Commodity
gold
Ticker
AUQ

Resource scope

Estimate type
reserve
Effective date
2026-06-30T00:00:00.000Z
Reporting standards
jorc
Resource group id
resource:727949ba2316abf1265b
Mining method
open_pit

Resource Data

Category
probable
Tonnes
7700000
Grade
0.25
Grade Unit
g/t
Cutoff Grade
0.28
Cutoff Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“0.25”

Context: 7.70

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

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

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.