# AW1: AW1 engages GreenMet to advance US critical metal strategy

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/aw1-aw1-engages-greenmet-to-advance-us-critical-metal-strategy--c562a112-5c48-4718-acec-4db96544d42d

Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03142044

Publisher: asx

Original announcement: 2026-09-21T23:24:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-09-22T00:31:26.883Z

Atlas analysis updated: 2026-09-22T00:31:26.883Z

- Company: American West Metals Limited

- Ticker: AW1

- Exchange: ASX

- Region: Utah

- Primary commodity: Indium

- Secondary commodities: Zinc, Copper, Silver, Gold

- Document categories: Resource update, Agreement transaction

- Extracted: 2026-09-22 00:31:27 UTC

Narrative sentiment: 0.70 · Bullish

## Minestarters Atlas summary

American West Metals Limited has engaged GreenMet, a Washington D.C. consultancy, to advance its US critical metals strategy for the West Desert Project in Utah. The project hosts one of the world's largest undeveloped indium deposits, a critical metal for which the US currently relies entirely on imports. The engagement aims to secure government funding and strategic partnerships, leveraging the project's JORC 2012 compliant resource estimates for indium, zinc, copper, and silver, though these estimates are re-stated from prior announcements.

Reasoning: American West Metals is strategically advancing its West Desert Project, which hosts a significant indium deposit, by engaging a Washington D.C. consultancy to strengthen its US critical metals supply chain strategy and pursue government funding. While the resource figures are re-stated, the strategic engagement is a positive development for the project's future.

- Positive factor: Strategic government engagement for critical metals

- Positive factor: Focus on securing domestic supply chain for indium

- Positive factor: Large, JORC/NI 43-101 compliant indium resource

- Positive factor: Potential for government funding and strategic partnerships

- Negative factor: Resource estimates are re-stated from prior announcements, not new data

- Negative factor: Indium and gold resources are entirely in the Inferred category

- Negative factor: Resource estimates are over two years old

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

Facts used in scoring: 55

## Classification and evidence

**QP/CP Signed**

Polarity: positive

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

Why it applies: The resource estimate is based upon information compiled by Mr Allan Schappert, a Competent Person and Member of the American Institute of Professional Geologists \(AIPG\).

Evidence · text

> The information in this announcement that relates to the estimate of Mineral Resources for the West Desert Deposit is based upon, and fairly represents, information and supporting documentation compiled by Mr Allan Schappert, a Competent Person, who is a Member of the American Institute of Professional Geologists \(AIPG\).

**JORC Compliant**

Polarity: positive

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

Why it applies: The MRE tables for the West Desert deposit are reported in accordance with the Australian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves under JORC Code – 2012.

Evidence · text

> The MRE tables for the West Desert deposit are reported in accordance with the Australian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves under JORC Code – 2012.

**Resource Update**

Polarity: neutral

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

Why it applies: The document refers to prior ASX releases for details on the Maiden JORC MRE \(9 February 2023\) and Indium resource \(13 December 2023\), indicating this announcement is an update or re-statement of existing resources.

Evidence · text

> For further details see the ASX Releases dated 9 February 2023: ‘Maiden JORC MRE for West Desert’, and 13 December 2023: ‘23.8 Million Ounces of Indium Defined at West Desert’.

**Inferred Resource**

Polarity: negative

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

Why it applies: All indium and gold resources, and a significant portion of zinc, copper, and silver resources, are classified as Inferred, indicating a lower level of geological confidence.

Evidence · table

> Inferred

Context: 6,318,875

**All Inferred**

Polarity: negative

Definition: 100% of resource is Inferred category — very early stage, no engineering confidence.

Why it applies: Table 6 explicitly states 'JORC 2012 compliant West Desert Indium and Gold Inferred Resource', indicating that all reported indium and gold resources are in the inferred category.

Evidence · table

> JORC 2012 compliant West Desert Indium and Gold Inferred Resource.

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: The effective dates for the resource estimates are 9 February 2023 and 13 December 2023, while the announcement date is 22 September 2026, making the estimates over two years old.

Evidence · text

> For further details see the ASX Releases dated 9 February 2023: ‘Maiden JORC MRE for West Desert’, and 13 December 2023: ‘23.8 Million Ounces of Indium Defined at West Desert’.

## Extracted facts

Stored fact records: 55. Some facts used in scoring do not have a stored record.

## Resource Estimates (55)

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/aw1-aw1-engages-greenmet-to-advance-us-critical-metal-strategy--c562a112-5c48-4718-acec-4db96544d42d#fact-resource-facts-0)

West Desert Project · indium

Historical result

Needs review: historical\_restatement

#### Identity

- Project: West Desert Project
- Commodity: indium
- Region: usa\_ut
- Reported Region: Utah
- Ticker: AW1

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Allan Schappert
- Resource group id: resource:b8e0ef5f7799937649bb
- Deposit or zone: West Desert Deposit
- Material type: oxide

#### Resource Data

- Category: inferred
- Tonnes: 15531071
- Grade: 10.8
- Grade Unit: g/t
- Contained Metal: 5916698
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2023-12-13

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2023-12-13T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This is a re-stated inferred resource for indium, highlighting the project's critical metal potential, but with lower confidence due to its category and lack of novelty.

- Positive factor: Significant inferred resource for indium in oxide open pit material

- Negative factor: Resource estimate is re-stated from a prior announcement

- Negative factor: Resource estimate is over two years old

- Negative factor: Inferred category indicates lower confidence

Evidence · table

> 10.8

Context: 15,531,071

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.8 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/aw1-aw1-engages-greenmet-to-advance-us-critical-metal-strategy--c562a112-5c48-4718-acec-4db96544d42d#fact-resource-facts-1)

West Desert Project · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: West Desert Project
- Commodity: gold
- Region: usa\_ut
- Reported Region: Utah
- Ticker: AW1

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Allan Schappert
- Resource group id: resource:b8e0ef5f7799937649bb
- Deposit or zone: West Desert Deposit
- Material type: oxide

#### Resource Data

- Category: inferred
- Tonnes: 15531071
- Grade: 0.09
- Grade Unit: g/t
- Contained Metal: 49306
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2023-12-13

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2023-12-13T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This is a re-stated inferred resource for gold, contributing to the overall project potential but with lower confidence and lacking novelty.

- Negative factor: Resource estimate is re-stated from a prior announcement

- Negative factor: Resource estimate is over two years old

- Negative factor: Inferred category indicates lower confidence

Evidence · table

> 0.09

Context: 15,531,071

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.8 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/aw1-aw1-engages-greenmet-to-advance-us-critical-metal-strategy--c562a112-5c48-4718-acec-4db96544d42d#fact-resource-facts-2)

West Desert Project · indium

Historical result

Needs review: historical\_restatement

#### Identity

- Project: West Desert Project
- Commodity: indium
- Region: usa\_ut
- Reported Region: Utah
- Ticker: AW1

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Allan Schappert
- Resource group id: resource:ae17367780e19868b6cf
- Deposit or zone: West Desert Deposit
- Material type: sulphide

#### Resource Data

- Category: inferred
- Tonnes: 3140102
- Grade: 23.89
- Grade Unit: g/t
- Contained Metal: 2646148
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2023-12-13

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2023-12-13T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This is a re-stated inferred resource for indium, highlighting the project's critical metal potential, but with lower confidence due to its category and lack of novelty.

- Positive factor: Significant inferred resource for indium in sulphide open pit material

- Negative factor: Resource estimate is re-stated from a prior announcement

- Negative factor: Resource estimate is over two years old

- Negative factor: Inferred category indicates lower confidence

Evidence · table

> 23.89

Context: 3,140,102

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.8 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/aw1-aw1-engages-greenmet-to-advance-us-critical-metal-strategy--c562a112-5c48-4718-acec-4db96544d42d#fact-resource-facts-3)

West Desert Project · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: West Desert Project
- Commodity: gold
- Region: usa\_ut
- Reported Region: Utah
- Ticker: AW1

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Allan Schappert
- Resource group id: resource:ae17367780e19868b6cf
- Deposit or zone: West Desert Deposit
- Material type: sulphide

#### Resource Data

- Category: inferred
- Tonnes: 3140102
- Grade: 0.1
- Grade Unit: g/t
- Contained Metal: 11076
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2023-12-13

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2023-12-13T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This is a re-stated inferred resource for gold, contributing to the overall project potential but with lower confidence and lacking novelty.

- Negative factor: Resource estimate is re-stated from a prior announcement

- Negative factor: Resource estimate is over two years old

- Negative factor: Inferred category indicates lower confidence

Evidence · table

> 0.10

Context: 3,140,102

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.8 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/aw1-aw1-engages-greenmet-to-advance-us-critical-metal-strategy--c562a112-5c48-4718-acec-4db96544d42d#fact-resource-facts-4)

West Desert Project · indium

Historical result

Needs review: historical\_restatement

#### Identity

- Project: West Desert Project
- Commodity: indium
- Region: usa\_ut
- Reported Region: Utah
- Ticker: AW1

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Allan Schappert
- Resource group id: resource:10b364eeb139350a6e12
- Deposit or zone: West Desert Deposit
- Material type: sulphide

#### Resource Data

- Category: inferred
- Tonnes: 14996864
- Grade: 28.73
- Grade Unit: g/t
- Contained Metal: 15198136
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2023-12-13

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2023-12-13T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This is a re-stated inferred resource for indium, highlighting the project's critical metal potential, but with lower confidence due to its category and lack of novelty.

- Positive factor: Significant inferred resource for indium in sulphide underground material

- Negative factor: Resource estimate is re-stated from a prior announcement

- Negative factor: Resource estimate is over two years old

- Negative factor: Inferred category indicates lower confidence

Evidence · table

> 28.73

Context: 14,996,864

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.8 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/aw1-aw1-engages-greenmet-to-advance-us-critical-metal-strategy--c562a112-5c48-4718-acec-4db96544d42d#fact-resource-facts-5)

West Desert Project · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: West Desert Project
- Commodity: gold
- Region: usa\_ut
- Reported Region: Utah
- Ticker: AW1

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Allan Schappert
- Resource group id: resource:10b364eeb139350a6e12
- Deposit or zone: West Desert Deposit
- Material type: sulphide

#### Resource Data

- Category: inferred
- Tonnes: 14996864
- Grade: 0.12
- Grade Unit: g/t
- Contained Metal: 63480
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2023-12-13

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2023-12-13T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This is a re-stated inferred resource for gold, contributing to the overall project potential but with lower confidence and lacking novelty.

- Negative factor: Resource estimate is re-stated from a prior announcement

- Negative factor: Resource estimate is over two years old

- Negative factor: Inferred category indicates lower confidence

Evidence · table

> 0.12

Context: 14,996,864

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.8 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/aw1-aw1-engages-greenmet-to-advance-us-critical-metal-strategy--c562a112-5c48-4718-acec-4db96544d42d#fact-resource-facts-6)

West Desert Project · zinc

Historical result

Needs review: historical\_restatement

#### Identity

- Project: West Desert Project
- Commodity: zinc
- Region: usa\_ut
- Reported Region: Utah
- Ticker: AW1

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Allan Schappert
- Resource group id: resource:63e54793daff09628543
- Deposit or zone: West Desert Deposit
- Mining method: combined
- Material type: combined
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 27349163
- Grade: 1037278
- Grade Unit: t
- Contained Metal: 1037278
- Contained Unit: t

#### Prior Estimate

- Resource Date: 2023-02-09

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2023-02-09T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This is a re-stated indicated resource for zinc, contributing to the overall project potential but lacking novelty.

- Positive factor: Significant indicated resource tonnage for zinc

- Negative factor: Resource estimate is re-stated from a prior announcement

- Negative factor: Resource estimate is over two years old

Evidence · table

> 1,037,278

Context: 27,349,163

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/aw1-aw1-engages-greenmet-to-advance-us-critical-metal-strategy--c562a112-5c48-4718-acec-4db96544d42d#fact-resource-facts-7)

West Desert Project · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Project: West Desert Project
- Commodity: copper
- Region: usa\_ut
- Reported Region: Utah
- Ticker: AW1

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Allan Schappert
- Resource group id: resource:63e54793daff09628543
- Deposit or zone: West Desert Deposit
- Mining method: combined
- Material type: combined
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 27349163
- Grade: 0.14
- Grade Unit: %
- Contained Metal: 40588
- Contained Unit: t

#### Prior Estimate

- Resource Date: 2023-02-09

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2023-02-09T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This is a re-stated indicated resource for copper, contributing to the overall project potential but lacking novelty.

- Positive factor: Indicated resource for copper

- Negative factor: Resource estimate is re-stated from a prior announcement

- Negative factor: Resource estimate is over two years old

Evidence · table

> 0.14

Context: 27,349,163

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/aw1-aw1-engages-greenmet-to-advance-us-critical-metal-strategy--c562a112-5c48-4718-acec-4db96544d42d#fact-resource-facts-8)

West Desert Project · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Project: West Desert Project
- Commodity: silver
- Region: usa\_ut
- Reported Region: Utah
- Ticker: AW1

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Allan Schappert
- Resource group id: resource:63e54793daff09628543
- Deposit or zone: West Desert Deposit
- Mining method: combined
- Material type: combined
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 27349163
- Grade: 9.53
- Grade Unit: g/t
- Contained Metal: 8376494
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2023-02-09

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2023-02-09T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This is a re-stated indicated resource for silver, contributing to the overall project potential but lacking novelty.

- Positive factor: Indicated resource for silver

- Negative factor: Resource estimate is re-stated from a prior announcement

- Negative factor: Resource estimate is over two years old

Evidence · table

> 9.53

Context: 27,349,163

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/aw1-aw1-engages-greenmet-to-advance-us-critical-metal-strategy--c562a112-5c48-4718-acec-4db96544d42d#fact-resource-facts-9)

West Desert Project · zinc

Historical result

Needs review: historical\_restatement

#### Identity

- Project: West Desert Project
- Commodity: zinc
- Region: usa\_ut
- Reported Region: Utah
- Ticker: AW1

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Allan Schappert
- Resource group id: resource:dd1ef629870b5c9c7cf0
- Deposit or zone: West Desert Deposit
- Mining method: combined
- Material type: combined
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 6318875
- Grade: 253626
- Grade Unit: t
- Contained Metal: 253626
- Contained Unit: t

#### Prior Estimate

- Resource Date: 2023-02-09

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2023-02-09T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This is a re-stated inferred resource for zinc, contributing to the overall project potential but with lower confidence and lacking novelty.

- Negative factor: Resource estimate is re-stated from a prior announcement

- Negative factor: Resource estimate is over two years old

- Negative factor: Inferred category indicates lower confidence

Evidence · table

> 253,626

Context: 6,318,875

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/aw1-aw1-engages-greenmet-to-advance-us-critical-metal-strategy--c562a112-5c48-4718-acec-4db96544d42d#fact-resource-facts-10)

West Desert Project · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Project: West Desert Project
- Commodity: copper
- Region: usa\_ut
- Reported Region: Utah
- Ticker: AW1

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Allan Schappert
- Resource group id: resource:dd1ef629870b5c9c7cf0
- Deposit or zone: West Desert Deposit
- Mining method: combined
- Material type: combined
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 6318875
- Grade: 0.13
- Grade Unit: %
- Contained Metal: 8465
- Contained Unit: t

#### Prior Estimate

- Resource Date: 2023-02-09

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2023-02-09T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This is a re-stated inferred resource for copper, contributing to the overall project potential but with lower confidence and lacking novelty.

- Negative factor: Resource estimate is re-stated from a prior announcement

- Negative factor: Resource estimate is over two years old

- Negative factor: Inferred category indicates lower confidence

Evidence · table

> 0.13

Context: 6,318,875

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/aw1-aw1-engages-greenmet-to-advance-us-critical-metal-strategy--c562a112-5c48-4718-acec-4db96544d42d#fact-resource-facts-11)

West Desert Project · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Project: West Desert Project
- Commodity: silver
- Region: usa\_ut
- Reported Region: Utah
- Ticker: AW1

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Allan Schappert
- Resource group id: resource:dd1ef629870b5c9c7cf0
- Deposit or zone: West Desert Deposit
- Mining method: combined
- Material type: combined
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 6318875
- Grade: 7.13
- Grade Unit: g/t
- Contained Metal: 1440285
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2023-02-09

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2023-02-09T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This is a re-stated inferred resource for silver, contributing to the overall project potential but with lower confidence and lacking novelty.

- Negative factor: Resource estimate is re-stated from a prior announcement

- Negative factor: Resource estimate is over two years old

- Negative factor: Inferred category indicates lower confidence

Evidence · table

> 7.13

Context: 6,318,875

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/aw1-aw1-engages-greenmet-to-advance-us-critical-metal-strategy--c562a112-5c48-4718-acec-4db96544d42d#fact-resource-facts-12)

West Desert Project · zinc

Historical result

Needs review: historical\_restatement

#### Identity

- Project: West Desert Project
- Commodity: zinc
- Region: usa\_ut
- Reported Region: Utah
- Ticker: AW1

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Allan Schappert
- Resource group id: resource:586a86b63975ad63a4a1
- Mining method: combined
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 33668038
- Grade: 1290904
- Grade Unit: t

#### Prior Estimate

- Resource Date: 2023-02-09

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2023-02-09T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This is a re-stated inferred resource for zinc, contributing to the overall project potential but with lower confidence and lacking novelty. \(Expanded from multi-commodity resource table for completeness.\)

- Negative factor: Resource estimate is re-stated from a prior announcement

- Negative factor: Resource estimate is over two years old

- Negative factor: Inferred category indicates lower confidence

Evidence · table

> 1,290,904

Context: 33,668,038

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/aw1-aw1-engages-greenmet-to-advance-us-critical-metal-strategy--c562a112-5c48-4718-acec-4db96544d42d#fact-resource-facts-13)

West Desert Project · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Project: West Desert Project
- Commodity: copper
- Region: usa\_ut
- Reported Region: Utah
- Ticker: AW1

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Allan Schappert
- Resource group id: resource:586a86b63975ad63a4a1
- Mining method: combined
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 33668038
- Grade: 0.15
- Grade Unit: %
- Contained Metal: 49053
- Contained Unit: t

#### Prior Estimate

- Resource Date: 2023-02-09

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2023-02-09T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This is a re-stated inferred resource for zinc, contributing to the overall project potential but with lower confidence and lacking novelty. \(Expanded from multi-commodity resource table for completeness.\)

- Negative factor: Resource estimate is re-stated from a prior announcement

- Negative factor: Resource estimate is over two years old

- Negative factor: Inferred category indicates lower confidence

Evidence · table

> 0.15

Context: 33,668,038

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/aw1-aw1-engages-greenmet-to-advance-us-critical-metal-strategy--c562a112-5c48-4718-acec-4db96544d42d#fact-resource-facts-14)

West Desert Project · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Project: West Desert Project
- Commodity: silver
- Region: usa\_ut
- Reported Region: Utah
- Ticker: AW1

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Allan Schappert
- Resource group id: resource:586a86b63975ad63a4a1
- Mining method: combined
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 33668038
- Grade: 9.08
- Grade Unit: g/t
- Contained Metal: 9816779
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2023-02-09

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2023-02-09T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This is a re-stated inferred resource for zinc, contributing to the overall project potential but with lower confidence and lacking novelty. \(Expanded from multi-commodity resource table for completeness.\)

- Negative factor: Resource estimate is re-stated from a prior announcement

- Negative factor: Resource estimate is over two years old

- Negative factor: Inferred category indicates lower confidence

Evidence · table

> 9.08

Context: 33,668,038

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/aw1-aw1-engages-greenmet-to-advance-us-critical-metal-strategy--c562a112-5c48-4718-acec-4db96544d42d#fact-resource-facts-15)

West Desert Project · zinc

Historical result

Needs review: historical\_restatement

#### Identity

- Project: West Desert Project
- Commodity: zinc
- Region: usa\_ut
- Reported Region: Utah
- Ticker: AW1

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Allan Schappert
- Resource group id: resource:fcf20bd184971c5e4dd5
- Deposit or zone: West Desert Deposit
- Mining method: combined
- Material type: oxide
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 4493988
- Grade: 59446
- Grade Unit: t
- Contained Metal: 59446
- Contained Unit: t
- Cutoff Grade: 0.7
- Cutoff Unit: % Zn

#### Prior Estimate

- Resource Date: 2023-02-09

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2023-02-09T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This is a re-stated indicated resource for open-pit heap leach oxide zinc, contributing to the overall project potential but lacking novelty.

- Positive factor: Indicated resource for open-pit heap leach oxide material

- Negative factor: Resource estimate is re-stated from a prior announcement

- Negative factor: Resource estimate is over two years old

Evidence · table

> 59,446

Context: 4,493,988

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/aw1-aw1-engages-greenmet-to-advance-us-critical-metal-strategy--c562a112-5c48-4718-acec-4db96544d42d#fact-resource-facts-16)

West Desert Project · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Project: West Desert Project
- Commodity: copper
- Region: usa\_ut
- Reported Region: Utah
- Ticker: AW1

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Allan Schappert
- Resource group id: resource:fcf20bd184971c5e4dd5
- Deposit or zone: West Desert Deposit
- Mining method: combined
- Material type: oxide
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 4493988
- Grade: 0.07
- Grade Unit: %
- Contained Metal: 3304
- Contained Unit: t
- Cutoff Grade: 0.7
- Cutoff Unit: % Zn

#### Prior Estimate

- Resource Date: 2023-02-09

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2023-02-09T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This is a re-stated indicated resource for open-pit heap leach oxide copper, contributing to the overall project potential but lacking novelty.

- Positive factor: Indicated resource for open-pit heap leach oxide material

- Negative factor: Resource estimate is re-stated from a prior announcement

- Negative factor: Resource estimate is over two years old

Evidence · table

> 0.07

Context: 4,493,988

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/aw1-aw1-engages-greenmet-to-advance-us-critical-metal-strategy--c562a112-5c48-4718-acec-4db96544d42d#fact-resource-facts-17)

West Desert Project · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Project: West Desert Project
- Commodity: silver
- Region: usa\_ut
- Reported Region: Utah
- Ticker: AW1

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Allan Schappert
- Resource group id: resource:fcf20bd184971c5e4dd5
- Deposit or zone: West Desert Deposit
- Mining method: combined
- Material type: oxide
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 4493988
- Grade: 9.17
- Grade Unit: g/t
- Contained Metal: 1324438
- Contained Unit: oz
- Cutoff Grade: 0.7
- Cutoff Unit: % Zn

#### Prior Estimate

- Resource Date: 2023-02-09

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2023-02-09T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This is a re-stated indicated resource for open-pit heap leach oxide silver, contributing to the overall project potential but lacking novelty.

- Positive factor: Indicated resource for open-pit heap leach oxide material

- Negative factor: Resource estimate is re-stated from a prior announcement

- Negative factor: Resource estimate is over two years old

Evidence · table

> 9.17

Context: 4,493,988

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/aw1-aw1-engages-greenmet-to-advance-us-critical-metal-strategy--c562a112-5c48-4718-acec-4db96544d42d#fact-resource-facts-18)

West Desert Project · zinc

Historical result

Needs review: historical\_restatement

#### Identity

- Project: West Desert Project
- Commodity: zinc
- Region: usa\_ut
- Reported Region: Utah
- Ticker: AW1

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Allan Schappert
- Resource group id: resource:95df99384b1128a98604
- Deposit or zone: West Desert Deposit
- Mining method: combined
- Material type: oxide
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 528095
- Grade: 6845
- Grade Unit: t
- Contained Metal: 6845
- Contained Unit: t
- Cutoff Grade: 0.7
- Cutoff Unit: % Zn

#### Prior Estimate

- Resource Date: 2023-02-09

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2023-02-09T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This is a re-stated inferred resource for open-pit heap leach oxide zinc, contributing to the overall project potential but with lower confidence and lacking novelty.

- Negative factor: Resource estimate is re-stated from a prior announcement

- Negative factor: Resource estimate is over two years old

- Negative factor: Inferred category indicates lower confidence

Evidence · table

> 6,845

Context: 528,095

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/aw1-aw1-engages-greenmet-to-advance-us-critical-metal-strategy--c562a112-5c48-4718-acec-4db96544d42d#fact-resource-facts-19)

West Desert Project · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Project: West Desert Project
- Commodity: copper
- Region: usa\_ut
- Reported Region: Utah
- Ticker: AW1

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Allan Schappert
- Resource group id: resource:95df99384b1128a98604
- Deposit or zone: West Desert Deposit
- Mining method: combined
- Material type: oxide
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 528095
- Grade: 0.04
- Grade Unit: %
- Contained Metal: 211
- Contained Unit: t
- Cutoff Grade: 0.7
- Cutoff Unit: % Zn

#### Prior Estimate

- Resource Date: 2023-02-09

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2023-02-09T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This is a re-stated inferred resource for open-pit heap leach oxide copper, contributing to the overall project potential but with lower confidence and lacking novelty.

- Negative factor: Resource estimate is re-stated from a prior announcement

- Negative factor: Resource estimate is over two years old

- Negative factor: Inferred category indicates lower confidence

Evidence · table

> 0.04

Context: 528,095

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/aw1-aw1-engages-greenmet-to-advance-us-critical-metal-strategy--c562a112-5c48-4718-acec-4db96544d42d#fact-resource-facts-20)

West Desert Project · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Project: West Desert Project
- Commodity: silver
- Region: usa\_ut
- Reported Region: Utah
- Ticker: AW1

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Allan Schappert
- Resource group id: resource:95df99384b1128a98604
- Deposit or zone: West Desert Deposit
- Mining method: combined
- Material type: oxide
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 528095
- Grade: 10.92
- Grade Unit: g/t
- Contained Metal: 185387
- Contained Unit: oz
- Cutoff Grade: 0.7
- Cutoff Unit: % Zn

#### Prior Estimate

- Resource Date: 2023-02-09

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2023-02-09T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This is a re-stated inferred resource for open-pit heap leach oxide silver, contributing to the overall project potential but with lower confidence and lacking novelty.

- Negative factor: Resource estimate is re-stated from a prior announcement

- Negative factor: Resource estimate is over two years old

- Negative factor: Inferred category indicates lower confidence

Evidence · table

> 10.92

Context: 528,095

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/aw1-aw1-engages-greenmet-to-advance-us-critical-metal-strategy--c562a112-5c48-4718-acec-4db96544d42d#fact-resource-facts-21)

West Desert Project · zinc

Historical result

Needs review: historical\_restatement

#### Identity

- Project: West Desert Project
- Commodity: zinc
- Region: usa\_ut
- Reported Region: Utah
- Ticker: AW1

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Allan Schappert
- Resource group id: resource:f908f6352966dfd2b620
- Mining method: combined
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 5022083
- Grade: 66291
- Grade Unit: t

#### Prior Estimate

- Resource Date: 2023-02-09

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2023-02-09T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This is a re-stated inferred resource for zinc, contributing to the overall project potential but with lower confidence and lacking novelty. \(Expanded from multi-commodity resource table for completeness.\)

- Negative factor: Resource estimate is re-stated from a prior announcement

- Negative factor: Resource estimate is over two years old

- Negative factor: Inferred category indicates lower confidence

Evidence · table

> 66,291

Context: 5,022,083

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/aw1-aw1-engages-greenmet-to-advance-us-critical-metal-strategy--c562a112-5c48-4718-acec-4db96544d42d#fact-resource-facts-22)

West Desert Project · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Project: West Desert Project
- Commodity: copper
- Region: usa\_ut
- Reported Region: Utah
- Ticker: AW1

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Allan Schappert
- Resource group id: resource:f908f6352966dfd2b620
- Mining method: combined
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 5022083
- Grade: 0.07
- Grade Unit: %
- Contained Metal: 3515
- Contained Unit: t

#### Prior Estimate

- Resource Date: 2023-02-09

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2023-02-09T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This is a re-stated inferred resource for zinc, contributing to the overall project potential but with lower confidence and lacking novelty. \(Expanded from multi-commodity resource table for completeness.\)

- Negative factor: Resource estimate is re-stated from a prior announcement

- Negative factor: Resource estimate is over two years old

- Negative factor: Inferred category indicates lower confidence

Evidence · table

> 0.07

Context: 5,022,083

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/aw1-aw1-engages-greenmet-to-advance-us-critical-metal-strategy--c562a112-5c48-4718-acec-4db96544d42d#fact-resource-facts-23)

West Desert Project · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Project: West Desert Project
- Commodity: silver
- Region: usa\_ut
- Reported Region: Utah
- Ticker: AW1

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Allan Schappert
- Resource group id: resource:f908f6352966dfd2b620
- Mining method: combined
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 5022083
- Grade: 9.35
- Grade Unit: g/t
- Contained Metal: 1509825
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2023-02-09

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2023-02-09T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This is a re-stated inferred resource for zinc, contributing to the overall project potential but with lower confidence and lacking novelty. \(Expanded from multi-commodity resource table for completeness.\)

- Negative factor: Resource estimate is re-stated from a prior announcement

- Negative factor: Resource estimate is over two years old

- Negative factor: Inferred category indicates lower confidence

Evidence · table

> 9.35

Context: 5,022,083

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/aw1-aw1-engages-greenmet-to-advance-us-critical-metal-strategy--c562a112-5c48-4718-acec-4db96544d42d#fact-resource-facts-24)

West Desert Project · zinc

Historical result

Needs review: historical\_restatement

#### Identity

- Project: West Desert Project
- Commodity: zinc
- Region: usa\_ut
- Reported Region: Utah
- Ticker: AW1

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Allan Schappert
- Resource group id: resource:f12a0dea16ecc71d702a
- Deposit or zone: West Desert Deposit
- Mining method: combined
- Material type: oxide
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 9719064
- Grade: 333737
- Grade Unit: t
- Contained Metal: 333737
- Contained Unit: t
- Cutoff Grade: 1.5
- Cutoff Unit: % Zn

#### Prior Estimate

- Resource Date: 2023-02-09

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2023-02-09T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This is a re-stated indicated resource for open-pit mill leach oxide zinc, contributing to the overall project potential but lacking novelty.

- Positive factor: Indicated resource for open-pit mill leach oxide material

- Negative factor: Resource estimate is re-stated from a prior announcement

- Negative factor: Resource estimate is over two years old

Evidence · table

> 333,737

Context: 9,719,064

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/aw1-aw1-engages-greenmet-to-advance-us-critical-metal-strategy--c562a112-5c48-4718-acec-4db96544d42d#fact-resource-facts-25)

West Desert Project · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Project: West Desert Project
- Commodity: copper
- Region: usa\_ut
- Reported Region: Utah
- Ticker: AW1

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Allan Schappert
- Resource group id: resource:f12a0dea16ecc71d702a
- Deposit or zone: West Desert Deposit
- Mining method: combined
- Material type: oxide
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 9719064
- Grade: 0.12
- Grade Unit: %
- Contained Metal: 11630
- Contained Unit: t
- Cutoff Grade: 1.5
- Cutoff Unit: % Zn

#### Prior Estimate

- Resource Date: 2023-02-09

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2023-02-09T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This is a re-stated indicated resource for open-pit mill leach oxide copper, contributing to the overall project potential but lacking novelty.

- Positive factor: Indicated resource for open-pit mill leach oxide material

- Negative factor: Resource estimate is re-stated from a prior announcement

- Negative factor: Resource estimate is over two years old

Evidence · table

> 0.12

Context: 9,719,064

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/aw1-aw1-engages-greenmet-to-advance-us-critical-metal-strategy--c562a112-5c48-4718-acec-4db96544d42d#fact-resource-facts-26)

West Desert Project · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Project: West Desert Project
- Commodity: silver
- Region: usa\_ut
- Reported Region: Utah
- Ticker: AW1

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Allan Schappert
- Resource group id: resource:f12a0dea16ecc71d702a
- Deposit or zone: West Desert Deposit
- Mining method: combined
- Material type: oxide
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 9719064
- Grade: 10.96
- Grade Unit: g/t
- Contained Metal: 3425247
- Contained Unit: oz
- Cutoff Grade: 1.5
- Cutoff Unit: % Zn

#### Prior Estimate

- Resource Date: 2023-02-09

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2023-02-09T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This is a re-stated indicated resource for open-pit mill leach oxide silver, contributing to the overall project potential but lacking novelty.

- Positive factor: Indicated resource for open-pit mill leach oxide material

- Negative factor: Resource estimate is re-stated from a prior announcement

- Negative factor: Resource estimate is over two years old

Evidence · table

> 10.96

Context: 9,719,064

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/aw1-aw1-engages-greenmet-to-advance-us-critical-metal-strategy--c562a112-5c48-4718-acec-4db96544d42d#fact-resource-facts-27)

West Desert Project · zinc

Historical result

Needs review: historical\_restatement

#### Identity

- Project: West Desert Project
- Commodity: zinc
- Region: usa\_ut
- Reported Region: Utah
- Ticker: AW1

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Allan Schappert
- Resource group id: resource:aac782d226b731735fc3
- Deposit or zone: West Desert Deposit
- Mining method: combined
- Material type: oxide
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 789925
- Grade: 21034
- Grade Unit: t
- Contained Metal: 21034
- Contained Unit: t
- Cutoff Grade: 1.5
- Cutoff Unit: % Zn

#### Prior Estimate

- Resource Date: 2023-02-09

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2023-02-09T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This is a re-stated inferred resource for open-pit mill leach oxide zinc, contributing to the overall project potential but with lower confidence and lacking novelty.

- Negative factor: Resource estimate is re-stated from a prior announcement

- Negative factor: Resource estimate is over two years old

- Negative factor: Inferred category indicates lower confidence

Evidence · table

> 21,034

Context: 789,925

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/aw1-aw1-engages-greenmet-to-advance-us-critical-metal-strategy--c562a112-5c48-4718-acec-4db96544d42d#fact-resource-facts-28)

West Desert Project · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Project: West Desert Project
- Commodity: copper
- Region: usa\_ut
- Reported Region: Utah
- Ticker: AW1

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Allan Schappert
- Resource group id: resource:aac782d226b731735fc3
- Deposit or zone: West Desert Deposit
- Mining method: combined
- Material type: oxide
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 789925
- Grade: 0.09
- Grade Unit: %
- Contained Metal: 747
- Contained Unit: t
- Cutoff Grade: 1.5
- Cutoff Unit: % Zn

#### Prior Estimate

- Resource Date: 2023-02-09

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2023-02-09T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This is a re-stated inferred resource for open-pit mill leach oxide copper, contributing to the overall project potential but with lower confidence and lacking novelty.

- Negative factor: Resource estimate is re-stated from a prior announcement

- Negative factor: Resource estimate is over two years old

- Negative factor: Inferred category indicates lower confidence

Evidence · table

> 0.09

Context: 789,925

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/aw1-aw1-engages-greenmet-to-advance-us-critical-metal-strategy--c562a112-5c48-4718-acec-4db96544d42d#fact-resource-facts-29)

West Desert Project · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Project: West Desert Project
- Commodity: silver
- Region: usa\_ut
- Reported Region: Utah
- Ticker: AW1

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Allan Schappert
- Resource group id: resource:aac782d226b731735fc3
- Deposit or zone: West Desert Deposit
- Mining method: combined
- Material type: oxide
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 789925
- Grade: 8.98
- Grade Unit: g/t
- Contained Metal: 228008
- Contained Unit: oz
- Cutoff Grade: 1.5
- Cutoff Unit: % Zn

#### Prior Estimate

- Resource Date: 2023-02-09

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2023-02-09T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This is a re-stated inferred resource for open-pit mill leach oxide silver, contributing to the overall project potential but with lower confidence and lacking novelty.

- Negative factor: Resource estimate is re-stated from a prior announcement

- Negative factor: Resource estimate is over two years old

- Negative factor: Inferred category indicates lower confidence

Evidence · table

> 8.98

Context: 789,925

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/aw1-aw1-engages-greenmet-to-advance-us-critical-metal-strategy--c562a112-5c48-4718-acec-4db96544d42d#fact-resource-facts-30)

West Desert Project · zinc

Historical result

Needs review: historical\_restatement

#### Identity

- Project: West Desert Project
- Commodity: zinc
- Region: usa\_ut
- Reported Region: Utah
- Ticker: AW1

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Allan Schappert
- Resource group id: resource:5ce917f020366a2f436a
- Mining method: combined
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 10508988
- Grade: 354771
- Grade Unit: t

#### Prior Estimate

- Resource Date: 2023-02-09

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2023-02-09T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This is a re-stated inferred resource for zinc, contributing to the overall project potential but with lower confidence and lacking novelty. \(Expanded from multi-commodity resource table for completeness.\)

- Negative factor: Resource estimate is re-stated from a prior announcement

- Negative factor: Resource estimate is over two years old

- Negative factor: Inferred category indicates lower confidence

Evidence · table

> 354,771

Context: 10,508,988

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/aw1-aw1-engages-greenmet-to-advance-us-critical-metal-strategy--c562a112-5c48-4718-acec-4db96544d42d#fact-resource-facts-31)

West Desert Project · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Project: West Desert Project
- Commodity: copper
- Region: usa\_ut
- Reported Region: Utah
- Ticker: AW1

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Allan Schappert
- Resource group id: resource:5ce917f020366a2f436a
- Mining method: combined
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 10508988
- Grade: 0.12
- Grade Unit: %
- Contained Metal: 12377
- Contained Unit: t

#### Prior Estimate

- Resource Date: 2023-02-09

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2023-02-09T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This is a re-stated inferred resource for zinc, contributing to the overall project potential but with lower confidence and lacking novelty. \(Expanded from multi-commodity resource table for completeness.\)

- Negative factor: Resource estimate is re-stated from a prior announcement

- Negative factor: Resource estimate is over two years old

- Negative factor: Inferred category indicates lower confidence

Evidence · table

> 0.12

Context: 10,508,988

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/aw1-aw1-engages-greenmet-to-advance-us-critical-metal-strategy--c562a112-5c48-4718-acec-4db96544d42d#fact-resource-facts-32)

West Desert Project · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Project: West Desert Project
- Commodity: silver
- Region: usa\_ut
- Reported Region: Utah
- Ticker: AW1

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Allan Schappert
- Resource group id: resource:5ce917f020366a2f436a
- Mining method: combined
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 10508988
- Grade: 10.81
- Grade Unit: g/t
- Contained Metal: 3653255
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2023-02-09

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2023-02-09T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This is a re-stated inferred resource for zinc, contributing to the overall project potential but with lower confidence and lacking novelty. \(Expanded from multi-commodity resource table for completeness.\)

- Negative factor: Resource estimate is re-stated from a prior announcement

- Negative factor: Resource estimate is over two years old

- Negative factor: Inferred category indicates lower confidence

Evidence · table

> 10.81

Context: 10,508,988

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/aw1-aw1-engages-greenmet-to-advance-us-critical-metal-strategy--c562a112-5c48-4718-acec-4db96544d42d#fact-resource-facts-33)

West Desert Project · zinc

Historical result

Needs review: historical\_restatement

#### Identity

- Project: West Desert Project
- Commodity: zinc
- Region: usa\_ut
- Reported Region: Utah
- Ticker: AW1

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Allan Schappert
- Resource group id: resource:edde02a678bb12a18052
- Deposit or zone: West Desert Deposit
- Mining method: combined
- Material type: sulphide
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 3074980
- Grade: 92108
- Grade Unit: t
- Contained Metal: 92108
- Contained Unit: t
- Cutoff Grade: 1.5
- Cutoff Unit: % Zn

#### Prior Estimate

- Resource Date: 2023-02-09

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2023-02-09T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This is a re-stated indicated resource for open-pit mill flotation sulphide zinc, contributing to the overall project potential but lacking novelty.

- Positive factor: Indicated resource for open-pit mill flotation sulphide material

- Negative factor: Resource estimate is re-stated from a prior announcement

- Negative factor: Resource estimate is over two years old

Evidence · table

> 92,108

Context: 3,074,980

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/aw1-aw1-engages-greenmet-to-advance-us-critical-metal-strategy--c562a112-5c48-4718-acec-4db96544d42d#fact-resource-facts-34)

West Desert Project · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Project: West Desert Project
- Commodity: copper
- Region: usa\_ut
- Reported Region: Utah
- Ticker: AW1

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Allan Schappert
- Resource group id: resource:edde02a678bb12a18052
- Deposit or zone: West Desert Deposit
- Mining method: combined
- Material type: sulphide
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 3074980
- Grade: 0.19
- Grade Unit: %
- Contained Metal: 5780
- Contained Unit: t
- Cutoff Grade: 1.5
- Cutoff Unit: % Zn

#### Prior Estimate

- Resource Date: 2023-02-09

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2023-02-09T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This is a re-stated indicated resource for open-pit mill flotation sulphide copper, contributing to the overall project potential but lacking novelty.

- Positive factor: Indicated resource for open-pit mill flotation sulphide material

- Negative factor: Resource estimate is re-stated from a prior announcement

- Negative factor: Resource estimate is over two years old

Evidence · table

> 0.19

Context: 3,074,980

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/aw1-aw1-engages-greenmet-to-advance-us-critical-metal-strategy--c562a112-5c48-4718-acec-4db96544d42d#fact-resource-facts-35)

West Desert Project · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Project: West Desert Project
- Commodity: silver
- Region: usa\_ut
- Reported Region: Utah
- Ticker: AW1

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Allan Schappert
- Resource group id: resource:edde02a678bb12a18052
- Deposit or zone: West Desert Deposit
- Mining method: combined
- Material type: sulphide
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 3074980
- Grade: 13.84
- Grade Unit: g/t
- Contained Metal: 1367936
- Contained Unit: oz
- Cutoff Grade: 1.5
- Cutoff Unit: % Zn

#### Prior Estimate

- Resource Date: 2023-02-09

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2023-02-09T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This is a re-stated indicated resource for open-pit mill flotation sulphide silver, contributing to the overall project potential but lacking novelty.

- Positive factor: Indicated resource for open-pit mill flotation sulphide material

- Negative factor: Resource estimate is re-stated from a prior announcement

- Negative factor: Resource estimate is over two years old

Evidence · table

> 13.84

Context: 3,074,980

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/aw1-aw1-engages-greenmet-to-advance-us-critical-metal-strategy--c562a112-5c48-4718-acec-4db96544d42d#fact-resource-facts-36)

West Desert Project · zinc

Historical result

Needs review: historical\_restatement

#### Identity

- Project: West Desert Project
- Commodity: zinc
- Region: usa\_ut
- Reported Region: Utah
- Ticker: AW1

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Allan Schappert
- Resource group id: resource:36f0b5f49c09ece8f3cf
- Deposit or zone: West Desert Deposit
- Mining method: combined
- Material type: sulphide
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 65122
- Grade: 1719
- Grade Unit: t
- Contained Metal: 1719
- Contained Unit: t
- Cutoff Grade: 1.5
- Cutoff Unit: % Zn

#### Prior Estimate

- Resource Date: 2023-02-09

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2023-02-09T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This is a re-stated inferred resource for open-pit mill flotation sulphide zinc, contributing to the overall project potential but with lower confidence and lacking novelty.

- Negative factor: Resource estimate is re-stated from a prior announcement

- Negative factor: Resource estimate is over two years old

- Negative factor: Inferred category indicates lower confidence

Evidence · table

> 1,719

Context: 65,122

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/aw1-aw1-engages-greenmet-to-advance-us-critical-metal-strategy--c562a112-5c48-4718-acec-4db96544d42d#fact-resource-facts-37)

West Desert Project · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Project: West Desert Project
- Commodity: copper
- Region: usa\_ut
- Reported Region: Utah
- Ticker: AW1

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Allan Schappert
- Resource group id: resource:36f0b5f49c09ece8f3cf
- Deposit or zone: West Desert Deposit
- Mining method: combined
- Material type: sulphide
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 65122
- Grade: 0.12
- Grade Unit: %
- Contained Metal: 78
- Contained Unit: t
- Cutoff Grade: 1.5
- Cutoff Unit: % Zn

#### Prior Estimate

- Resource Date: 2023-02-09

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2023-02-09T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This is a re-stated inferred resource for open-pit mill flotation sulphide copper, contributing to the overall project potential but with lower confidence and lacking novelty.

- Negative factor: Resource estimate is re-stated from a prior announcement

- Negative factor: Resource estimate is over two years old

- Negative factor: Inferred category indicates lower confidence

Evidence · table

> 0.12

Context: 65,122

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/aw1-aw1-engages-greenmet-to-advance-us-critical-metal-strategy--c562a112-5c48-4718-acec-4db96544d42d#fact-resource-facts-38)

West Desert Project · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Project: West Desert Project
- Commodity: silver
- Region: usa\_ut
- Reported Region: Utah
- Ticker: AW1

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Allan Schappert
- Resource group id: resource:36f0b5f49c09ece8f3cf
- Deposit or zone: West Desert Deposit
- Mining method: combined
- Material type: sulphide
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 65122
- Grade: 11.7
- Grade Unit: g/t
- Contained Metal: 24487
- Contained Unit: oz
- Cutoff Grade: 1.5
- Cutoff Unit: % Zn

#### Prior Estimate

- Resource Date: 2023-02-09

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2023-02-09T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This is a re-stated inferred resource for open-pit mill flotation sulphide silver, contributing to the overall project potential but with lower confidence and lacking novelty.

- Negative factor: Resource estimate is re-stated from a prior announcement

- Negative factor: Resource estimate is over two years old

- Negative factor: Inferred category indicates lower confidence

Evidence · table

> 11.70

Context: 65,122

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/aw1-aw1-engages-greenmet-to-advance-us-critical-metal-strategy--c562a112-5c48-4718-acec-4db96544d42d#fact-resource-facts-39)

West Desert Project · zinc

Historical result

Needs review: historical\_restatement

#### Identity

- Project: West Desert Project
- Commodity: zinc
- Region: usa\_ut
- Reported Region: Utah
- Ticker: AW1

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Allan Schappert
- Resource group id: resource:7085a41ea4e36c531cd7
- Mining method: combined
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 3140102
- Grade: 93826
- Grade Unit: t

#### Prior Estimate

- Resource Date: 2023-12-13

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2023-12-13T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This is a re-stated inferred resource for indium, highlighting the project's critical metal potential, but with lower confidence due to its category and lack of novelty. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant inferred resource for indium in sulphide open pit material

- Negative factor: Resource estimate is re-stated from a prior announcement

- Negative factor: Resource estimate is over two years old

- Negative factor: Inferred category indicates lower confidence

Evidence · table

> 93,826

Context: 3,140,102

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.8 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/aw1-aw1-engages-greenmet-to-advance-us-critical-metal-strategy--c562a112-5c48-4718-acec-4db96544d42d#fact-resource-facts-40)

West Desert Project · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Project: West Desert Project
- Commodity: copper
- Region: usa\_ut
- Reported Region: Utah
- Ticker: AW1

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Allan Schappert
- Resource group id: resource:7085a41ea4e36c531cd7
- Mining method: combined
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 3140102
- Grade: 0.21
- Grade Unit: %
- Contained Metal: 5858
- Contained Unit: t

#### Prior Estimate

- Resource Date: 2023-12-13

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2023-12-13T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This is a re-stated inferred resource for indium, highlighting the project's critical metal potential, but with lower confidence due to its category and lack of novelty. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant inferred resource for indium in sulphide open pit material

- Negative factor: Resource estimate is re-stated from a prior announcement

- Negative factor: Resource estimate is over two years old

- Negative factor: Inferred category indicates lower confidence

Evidence · table

> 0.21

Context: 3,140,102

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.8 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/aw1-aw1-engages-greenmet-to-advance-us-critical-metal-strategy--c562a112-5c48-4718-acec-4db96544d42d#fact-resource-facts-41)

West Desert Project · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Project: West Desert Project
- Commodity: silver
- Region: usa\_ut
- Reported Region: Utah
- Ticker: AW1

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Allan Schappert
- Resource group id: resource:7085a41ea4e36c531cd7
- Mining method: combined
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 3140102
- Grade: 13.79
- Grade Unit: g/t
- Contained Metal: 1392423
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2023-12-13

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2023-12-13T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This is a re-stated inferred resource for indium, highlighting the project's critical metal potential, but with lower confidence due to its category and lack of novelty. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant inferred resource for indium in sulphide open pit material

- Negative factor: Resource estimate is re-stated from a prior announcement

- Negative factor: Resource estimate is over two years old

- Negative factor: Inferred category indicates lower confidence

Evidence · table

> 13.79

Context: 3,140,102

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.8 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/aw1-aw1-engages-greenmet-to-advance-us-critical-metal-strategy--c562a112-5c48-4718-acec-4db96544d42d#fact-resource-facts-42)

West Desert Project · zinc

Historical result

Needs review: historical\_restatement

#### Identity

- Project: West Desert Project
- Commodity: zinc
- Region: usa\_ut
- Reported Region: Utah
- Ticker: AW1

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Allan Schappert
- Resource group id: resource:2626a29c949ec8c76c2d
- Deposit or zone: West Desert Deposit
- Mining method: combined
- Material type: sulphide
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 10061132
- Grade: 551988
- Grade Unit: t
- Contained Metal: 551988
- Contained Unit: t
- Cutoff Grade: 3.5
- Cutoff Unit: % Zn

#### Prior Estimate

- Resource Date: 2023-02-09

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2023-02-09T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This is a re-stated indicated resource for underground mill flotation sulphide zinc, contributing to the overall project potential but lacking novelty.

- Positive factor: Significant indicated resource tonnage for underground mill flotation sulphide material

- Negative factor: Resource estimate is re-stated from a prior announcement

- Negative factor: Resource estimate is over two years old

Evidence · table

> 551,988

Context: 10,061,132

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/aw1-aw1-engages-greenmet-to-advance-us-critical-metal-strategy--c562a112-5c48-4718-acec-4db96544d42d#fact-resource-facts-43)

West Desert Project · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Project: West Desert Project
- Commodity: copper
- Region: usa\_ut
- Reported Region: Utah
- Ticker: AW1

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Allan Schappert
- Resource group id: resource:2626a29c949ec8c76c2d
- Deposit or zone: West Desert Deposit
- Mining method: combined
- Material type: sulphide
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 10061132
- Grade: 0.2
- Grade Unit: %
- Contained Metal: 19874
- Contained Unit: t
- Cutoff Grade: 3.5
- Cutoff Unit: % Zn

#### Prior Estimate

- Resource Date: 2023-02-09

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2023-02-09T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This is a re-stated indicated resource for underground mill flotation sulphide copper, contributing to the overall project potential but lacking novelty.

- Positive factor: Indicated resource for underground mill flotation sulphide material

- Negative factor: Resource estimate is re-stated from a prior announcement

- Negative factor: Resource estimate is over two years old

Evidence · table

> 0.20

Context: 10,061,132

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.6 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/aw1-aw1-engages-greenmet-to-advance-us-critical-metal-strategy--c562a112-5c48-4718-acec-4db96544d42d#fact-resource-facts-44)

West Desert Project · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Project: West Desert Project
- Commodity: silver
- Region: usa\_ut
- Reported Region: Utah
- Ticker: AW1

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Allan Schappert
- Resource group id: resource:2626a29c949ec8c76c2d
- Deposit or zone: West Desert Deposit
- Mining method: combined
- Material type: sulphide
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 10061132
- Grade: 6.98
- Grade Unit: g/t
- Contained Metal: 2258872
- Contained Unit: oz
- Cutoff Grade: 3.5
- Cutoff Unit: % Zn

#### Prior Estimate

- Resource Date: 2023-02-09

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2023-02-09T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This is a re-stated indicated resource for underground mill flotation sulphide silver, contributing to the overall project potential but lacking novelty.

- Positive factor: Indicated resource for underground mill flotation sulphide material

- Negative factor: Resource estimate is re-stated from a prior announcement

- Negative factor: Resource estimate is over two years old

Evidence · table

> 6.98

Context: 10,061,132

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/aw1-aw1-engages-greenmet-to-advance-us-critical-metal-strategy--c562a112-5c48-4718-acec-4db96544d42d#fact-resource-facts-45)

West Desert Project · zinc

Historical result

Needs review: historical\_restatement

#### Identity

- Project: West Desert Project
- Commodity: zinc
- Region: usa\_ut
- Reported Region: Utah
- Ticker: AW1

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Allan Schappert
- Resource group id: resource:7380cd29be76240f17a5
- Deposit or zone: West Desert Deposit
- Mining method: combined
- Material type: sulphide
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 4935733
- Grade: 224026
- Grade Unit: t
- Contained Metal: 224026
- Contained Unit: t
- Cutoff Grade: 3.5
- Cutoff Unit: % Zn

#### Prior Estimate

- Resource Date: 2023-02-09

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2023-02-09T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This is a re-stated inferred resource for underground mill flotation sulphide zinc, contributing to the overall project potential but with lower confidence and lacking novelty.

- Negative factor: Resource estimate is re-stated from a prior announcement

- Negative factor: Resource estimate is over two years old

- Negative factor: Inferred category indicates lower confidence

Evidence · table

> 224,026

Context: 4,935,733

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/aw1-aw1-engages-greenmet-to-advance-us-critical-metal-strategy--c562a112-5c48-4718-acec-4db96544d42d#fact-resource-facts-46)

West Desert Project · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Project: West Desert Project
- Commodity: copper
- Region: usa\_ut
- Reported Region: Utah
- Ticker: AW1

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Allan Schappert
- Resource group id: resource:7380cd29be76240f17a5
- Deposit or zone: West Desert Deposit
- Mining method: combined
- Material type: sulphide
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 4935733
- Grade: 0.15
- Grade Unit: %
- Contained Metal: 7429
- Contained Unit: t
- Cutoff Grade: 3.5
- Cutoff Unit: % Zn

#### Prior Estimate

- Resource Date: 2023-02-09

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2023-02-09T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This is a re-stated inferred resource for underground mill flotation sulphide copper, contributing to the overall project potential but with lower confidence and lacking novelty.

- Negative factor: Resource estimate is re-stated from a prior announcement

- Negative factor: Resource estimate is over two years old

- Negative factor: Inferred category indicates lower confidence

Evidence · table

> 0.15

Context: 4,935,733

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/aw1-aw1-engages-greenmet-to-advance-us-critical-metal-strategy--c562a112-5c48-4718-acec-4db96544d42d#fact-resource-facts-47)

West Desert Project · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Project: West Desert Project
- Commodity: silver
- Region: usa\_ut
- Reported Region: Utah
- Ticker: AW1

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Allan Schappert
- Resource group id: resource:7380cd29be76240f17a5
- Deposit or zone: West Desert Deposit
- Mining method: combined
- Material type: sulphide
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 4935733
- Grade: 6.36
- Grade Unit: g/t
- Contained Metal: 1009632
- Contained Unit: oz
- Cutoff Grade: 3.5
- Cutoff Unit: % Zn

#### Prior Estimate

- Resource Date: 2023-02-09

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2023-02-09T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This is a re-stated inferred resource for underground mill flotation sulphide silver, contributing to the overall project potential but with lower confidence and lacking novelty.

- Negative factor: Resource estimate is re-stated from a prior announcement

- Negative factor: Resource estimate is over two years old

- Negative factor: Inferred category indicates lower confidence

Evidence · table

> 6.36

Context: 4,935,733

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/aw1-aw1-engages-greenmet-to-advance-us-critical-metal-strategy--c562a112-5c48-4718-acec-4db96544d42d#fact-resource-facts-48)

West Desert Project · zinc

Historical result

Needs review: historical\_restatement

#### Identity

- Project: West Desert Project
- Commodity: zinc
- Region: usa\_ut
- Reported Region: Utah
- Ticker: AW1

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Allan Schappert
- Resource group id: resource:ffd94b4c9b8728520538
- Mining method: combined
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 14996865
- Grade: 776014
- Grade Unit: t

#### Prior Estimate

- Resource Date: 2023-02-09

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2023-02-09T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This is a re-stated inferred resource for zinc, contributing to the overall project potential but with lower confidence and lacking novelty. \(Expanded from multi-commodity resource table for completeness.\)

- Negative factor: Resource estimate is re-stated from a prior announcement

- Negative factor: Resource estimate is over two years old

- Negative factor: Inferred category indicates lower confidence

Evidence · table

> 776,014

Context: 14,996,865

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/aw1-aw1-engages-greenmet-to-advance-us-critical-metal-strategy--c562a112-5c48-4718-acec-4db96544d42d#fact-resource-facts-49)

West Desert Project · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Project: West Desert Project
- Commodity: copper
- Region: usa\_ut
- Reported Region: Utah
- Ticker: AW1

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Allan Schappert
- Resource group id: resource:ffd94b4c9b8728520538
- Mining method: combined
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 14996865
- Grade: 0.18
- Grade Unit: %
- Contained Metal: 26940
- Contained Unit: t

#### Prior Estimate

- Resource Date: 2023-02-09

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2023-02-09T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This is a re-stated inferred resource for zinc, contributing to the overall project potential but with lower confidence and lacking novelty. \(Expanded from multi-commodity resource table for completeness.\)

- Negative factor: Resource estimate is re-stated from a prior announcement

- Negative factor: Resource estimate is over two years old

- Negative factor: Inferred category indicates lower confidence

Evidence · table

> 0.18

Context: 14,996,865

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/aw1-aw1-engages-greenmet-to-advance-us-critical-metal-strategy--c562a112-5c48-4718-acec-4db96544d42d#fact-resource-facts-50)

West Desert Project · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Project: West Desert Project
- Commodity: silver
- Region: usa\_ut
- Reported Region: Utah
- Ticker: AW1

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Allan Schappert
- Resource group id: resource:ffd94b4c9b8728520538
- Mining method: combined
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 14996865
- Grade: 6.78
- Grade Unit: g/t
- Contained Metal: 3268503
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2023-02-09

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2023-02-09T00:00:00.000Z

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This is a re-stated inferred resource for zinc, contributing to the overall project potential but with lower confidence and lacking novelty. \(Expanded from multi-commodity resource table for completeness.\)

- Negative factor: Resource estimate is re-stated from a prior announcement

- Negative factor: Resource estimate is over two years old

- Negative factor: Inferred category indicates lower confidence

Evidence · table

> 6.78

Context: 14,996,865

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.6 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/aw1-aw1-engages-greenmet-to-advance-us-critical-metal-strategy--c562a112-5c48-4718-acec-4db96544d42d#fact-resource-facts-51)

JORC 2012 compliant West Desert Indium and · gold

#### Identity

- Project: JORC 2012 compliant West Desert Indium and
- Commodity: gold
- Ticker: AW1

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101, jorc
- Resource group id: resource:7b1cc7206d4cf47f0906
- Mining method: combined
- Material type: oxide
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 15531071
- Grade: 0.09
- Grade Unit: g/t
- Contained Metal: 49306
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

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

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.09

Context: 15,531,071

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/aw1-aw1-engages-greenmet-to-advance-us-critical-metal-strategy--c562a112-5c48-4718-acec-4db96544d42d#fact-resource-facts-52)

JORC 2012 compliant West Desert Indium and · gold

#### Identity

- Project: JORC 2012 compliant West Desert Indium and
- Commodity: gold
- Ticker: AW1

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101, jorc
- Resource group id: resource:86356110bf5feeb31ebb
- Mining method: combined
- Material type: sulphide
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 3140102
- Grade: 0.1
- Grade Unit: g/t
- Contained Metal: 11076
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

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

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.10

Context: 3,140,102

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/aw1-aw1-engages-greenmet-to-advance-us-critical-metal-strategy--c562a112-5c48-4718-acec-4db96544d42d#fact-resource-facts-53)

JORC 2012 compliant West Desert Indium and · gold

#### Identity

- Project: JORC 2012 compliant West Desert Indium and
- Commodity: gold
- Ticker: AW1

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101, jorc
- Resource group id: resource:efc042442befbb0aa754
- Mining method: combined
- Material type: sulphide
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 14996864
- Grade: 0.12
- Grade Unit: g/t
- Contained Metal: 63480
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

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

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.12

Context: 14,996,864

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/aw1-aw1-engages-greenmet-to-advance-us-critical-metal-strategy--c562a112-5c48-4718-acec-4db96544d42d#fact-resource-facts-54)

JORC 2012 compliant West Desert Indium and · gold

#### Identity

- Project: JORC 2012 compliant West Desert Indium and
- Commodity: gold
- Ticker: AW1

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101, jorc
- Resource group id: resource:a5891e453fd0766e1fd4
- Mining method: combined
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 0.1
- Grade: 118761
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

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

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 118,761

Context: 0.10

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: 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.
