AX8: Annual Report to Shareholders
Original announcement by asx on
- Company
- Accelerate Resources Limited
- Ticker
- AX8
- Exchange
- ASX
- Region
- Western Australia
- Primary commodity
- Gold
- Secondary commodities
- Manganese, Lithium, Arsenic, Iron ore, Silica, Aluminium, Phosphorus
- Document categories
- Resource update, Drill results, Other
- Extracted
- 2026-09-30 00:16:09 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Accelerate Resources Limited's Annual Report for FY2026 highlights a strategic refocus on its core Woodie Woodie North Manganese and Balagundi Gold projects in Western Australia. The company reported new high-grade gold discoveries at Balagundi, including a bonanza intercept at Spencers, and confirmed widespread high-grade manganese at Woodie Woodie North. Capital raises totaling A$2.9 million were completed to fund ongoing exploration, alongside portfolio rationalization and an expansion of the Balagundi landholding with a secured toll treatment option.
Reasoning: The company reported a strong year of exploration success, particularly with new high-grade gold discoveries at Balagundi and confirmation of high-grade manganese, supported by significant capital raises and strategic portfolio management. While a financial loss was incurred and some historical data lacks full QA/QC, the overall progress in advancing core projects is positive.
Positive factors
- New high-grade gold discovery at Spencers with bonanza intercept
- Confirmation of high-grade manganese at Woodie Woodie North
- Significant capital raises to fund exploration programs
- Strategic portfolio rationalization focusing on core assets
- Expansion of Balagundi Gold Project landholding and securing toll treatment option
Negative factors
- Annual financial loss reported
- Impairment of exploration expenditure on non-core projects
- Manganese resource is entirely Inferred category
- Historical drill results for manganese lack detailed QA/QC information
- Arsenic anomaly identified at Delta Trend, indicating potential deleterious elements
Low confidence — this extraction should be reviewed alongside the original source.
Facts used in scoring: 38
Classification and evidence
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: The Woodie Woodie North Mineral Resource is entirely classified as Inferred, indicating lower geological confidence.
Evidence · text
“The project hosts an Inferred Mineral Resource of 1.2 Mt at 19.1% Mn”
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: The Mineral Resources and Exploration Results are signed off by Competent Persons Ms Felicity Hughes, Mr Matthew Clark, and Mr Luke Meter, who are members of recognized professional associations.
Evidence · text
“The information in this report that relates to Mineral Resources (including the Mineral Resources Statement) is based on and fairly represents information and supporting documentation compiled by Ms Felicity Hughes. ... The Exploration Target has been approved by Mr Clark... Information in this report related to Exploration Results is based on information compiled by Mr Luke Meter.”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: The company states it employs strict quality control procedures during sample collection and analysis, including blanks, standards and duplicates for its exploration results.
Evidence · text
“The Company provides transparent reporting with quality control in sampling and drilling techniques and employs strict quality control procedures during sample collection and analysis, including blanks, standards and duplicates.”
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: Historical RAB drilling results from WAMEX Report A57720 have limited or unavailable original sample recovery records, detailed QA/QC information, and some sample preparation details.
Evidence · text
“Original sample recovery records, detailed QA/QC information and some sample preparation details are limited or unavailable.”
Apparent Width Onlynegative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Why it applies: All historical RAB intersections are reported as down-hole lengths, with true widths not currently known.
Evidence · text
“All intersections are reported as down-hole lengths; true widths are not currently known.”
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: The Woodie Woodie North Mineral Resource estimate was reported on 30 November 2023, and is being re-confirmed in this 2026 annual report without new information or data materially affecting it.
Evidence · text
“The estimate was prepared by ERM (formerly CSA) and reported to ASX on 30 November 2023. The Company reviews its Mineral Resources annually in accordance with Clause 15 of the JORC Code (2012) and confirms that it is not aware of any new information or data that materially affects the estimate, and that all material assumptions and technical parameters underpinning it continue to apply.”
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: The maiden RC drilling at Spencers returned 1m at 46.9g/t Au, which is an exceptionally high-grade gold intercept.
Evidence · text
“maiden RC at Spencers returned 11m at 4.6g/t Au from 25m, including 1m at 46.9g/t Au”
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: The Maritana Minerals agreement secures an interpreted extension of approximately 600m of strike along the emerging Delta Trend.
Evidence · text
“secures an interpreted extension of approximately 600m of strike along the emerging Delta Trend”
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: A strong arsenic anomaly of 14m @ 767 ppm As, including 2m @ 2,765 ppm As, was intersected at the Iron Bound mafic–sediment contact, indicating the presence of a penalty element.
Evidence · text
“intersected a strong arsenic anomaly of 14m @ 767 ppm As from 48m, including 2m @ 2,765 ppm As to end of hole (25BGAC008)”
Extracted facts
Stored fact records: 38. Some facts used in scoring do not have a stored record.
Drill Results (8)
WNRC038Woodie Woodie North · manganeseGrade: 42Grade Unit: %Intercept: 2 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- WNRC038
- Project
- Woodie Woodie North
- Commodity
- manganese
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- AX8
Geometry
- Grade
- 42
- Grade Unit
- %
- Intercept
- 2 m
Classification
- Program
- exploration
- Sample Type
- drill
- Mining Method
- open_pit
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Deleterious
- Deleterious Flag
- No
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This sub-interval shows a very high-grade manganese zone, significantly enhancing the prospectivity of the area.
Positive factors
- Very high-grade manganese intercept
- Re-compositing highlights higher-grade zones
Negative factors
- Historical drilling from 2021-2023
- True width not known
Evidence · text
“2m @ 42.0% Mn (WNRC038)”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
26BGAC082Balagundi · goldGrade: 1.13Grade Unit: g/tIntercept: 4 mView all detailsHide details
Identity
- Hole ID
- 26BGAC082
- Project
- Balagundi
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- AX8
Geometry
- Grade
- 1.13
- Grade Unit
- g/t
- Intercept
- 4 m
- From
- 0 m
- To
- 4 m
- Intercept Depth
- 0 m
Classification
- Deposit Type
- orogenic
- Program
- exploration
- Sample Type
- drill
- Group ID
- 26BGAC082:0-4
- Mining Method
- open_pit
Location
- Location
- Fluffy
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Deleterious
- Deleterious Flag
- No
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This intercept confirms shallow gold mineralization at Fluffy, which is positive for potential open-pit development.
Positive factors
- Moderate grade gold intercept
- Shallow mineralization from surface
- First drilling at prospect in over 30 years
Negative factors
- True width not known
Evidence · text
“4m @ 1.13 g/t Au from surface (26BGAC082)”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
BHRC003Balagundi · goldGrade: 1.85Grade Unit: g/tIntercept: 6 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- BHRC003
- Project
- Balagundi
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- AX8
Geometry
- Grade
- 1.85
- Grade Unit
- g/t
- Intercept
- 6 m
Classification
- Deposit Type
- orogenic
- Program
- exploration
- Sample Type
- drill
- Mining Method
- open_pit
Location
- Location
- Fluffy
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Deleterious
- Deleterious Flag
- No
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This historical intercept indicates strong gold grades over a good width at Fluffy, supporting its prospectivity.
Positive factors
- Strong grade gold intercept over a good width
Negative factors
- Historical drilling
- True width not known
Evidence · text
“6m @ 1.85 g/t Au (BHRC003)”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
25BGAC008Balagundi · arsenicGrade: 2765Grade Unit: ppmIntercept: 2 mView all detailsHide details
Identity
- Hole ID
- 25BGAC008
- Project
- Balagundi
- Commodity
- arsenic
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- AX8
Geometry
- Grade
- 2765
- Grade Unit
- ppm
- Intercept
- 2 m
Classification
- Deposit Type
- orogenic
- Program
- exploration
- Sample Type
- drill
- Mining Method
- open_pit
Location
- Location
- Iron Bound
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Deleterious
- Deleterious Flag
- Yes
- Deleterious Elements
- arsenic
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This very high arsenic concentration is a strong pathfinder for gold, but also highlights a significant potential processing issue.
Positive factors
- Very strong arsenic anomaly, indicating proximity to significant mineralization
Negative factors
- High concentration of a deleterious element, posing potential processing challenges
Evidence · text
“2m @ 2,765 ppm As to end of hole (25BGAC008)”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: deleterious_flag is true
25KERC003Kanowna East · goldGrade: 2Grade Unit: g/tIntercept: 2 mView all detailsHide details
Identity
- Hole ID
- 25KERC003
- Project
- Kanowna East
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- AX8
Geometry
- Grade
- 2
- Grade Unit
- g/t
- Intercept
- 2 m
- From
- 131 m
- To
- 133 m
- Intercept Depth
- 131 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- 25KERC003:131-133
- Mining Method
- open_pit
Location
- Location
- Little Lake
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Deleterious
- Deleterious Flag
- No
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This strong grade intercept indicates gold mineralization at depth, but the project's divestment limits its future impact for the company.
Positive factors
- Strong grade gold intercept
Negative factors
- Project divested after year end
- Narrow intercept
- True width not known
Evidence · text
“2m at 2.0 g/t Au from 131m (25KERC003)”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
PRC033Karratha Lithium Projects · lithiumGrade: 1.08Grade Unit: %Intercept: 3 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- PRC033
- Project
- Karratha Lithium Projects
- Commodity
- lithium
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- AX8
Geometry
- Grade
- 1.08
- Grade Unit
- %
- Intercept
- 3 m
- From
- 122 m
- To
- 125 m
- Intercept Depth
- 122 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- PRC033:122-125
- Mining Method
- open_pit
Location
- Location
- Prinsep
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Deleterious
- Deleterious Flag
- No
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This historical intercept shows moderate lithium grades, but the lack of recent exploration activity and ongoing evaluation of strategic options suggests uncertainty about the project's future.
Positive factors
- Moderate grade lithium intercept
Negative factors
- Historical drilling from 2024
- No on-ground exploration during the year
- True width not known
Evidence · text
“3m at 1.08% Li₂O from 122m (PRC033)”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
26BGAC009Woodie Woodie North · goldGrade: 4.1Grade Unit: g/tIntercept: 1 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- 26BGAC009
- Project
- Woodie Woodie North
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- AX8
Geometry
- Grade
- 4.1
- Grade Unit
- g/t
- Intercept
- 1 m
- From
- 114 m
- To
- 115 m
Classification
- Sample Type
- drill
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This sub-interval shows a very high-grade manganese zone, significantly enhancing the prospectivity of the area.
Positive factors
- Very high-grade manganese intercept
- Re-compositing highlights higher-grade zones
Negative factors
- Historical drilling from 2021-2023
- True width not known
Evidence · text
“1m at 4.1 g/t Au from 114m”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
26BGAC009Woodie Woodie North · goldGrade: 2Grade Unit: g/tIntercept: 2 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- 26BGAC009
- Project
- Woodie Woodie North
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- AX8
Geometry
- Grade
- 2
- Grade Unit
- g/t
- Intercept
- 2 m
- From
- 131 m
- To
- 133 m
Classification
- Sample Type
- drill
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This sub-interval shows a very high-grade manganese zone, significantly enhancing the prospectivity of the area.
Positive factors
- Very high-grade manganese intercept
- Re-compositing highlights higher-grade zones
Negative factors
- Historical drilling from 2021-2023
- True width not known
Evidence · text
“2m at 2.0 g/t Au from 131m”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
Resource Estimates (30)
inferredWoodie Woodie North · manganeseTonnes: 40000Grade: 17.2Grade Unit: %View all detailsHide details
Identity
- Project
- Woodie Woodie North
- Commodity
- manganese
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- AX8
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Felicity Hughes
- Resource group id
- resource:04f41646cb8b183baf16
- Deposit or zone
- Area 1
Resource Data
- Category
- inferred
- Tonnes
- 40000
- Grade
- 17.2
- Grade Unit
- %
- Cutoff Grade
- 15
- Cutoff Unit
- % Mn
Prior Estimate
- Resource Date
- 2023-11-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is a small, inferred manganese resource, which provides a baseline but has low confidence for economic studies.
Positive factors
- Resource estimate is JORC compliant and QP signed
Negative factors
- Resource is entirely in the Inferred category, indicating lower geological confidence
- Small tonnage for this category
Evidence · table
“17.2”
Context: 0.04
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.8 years before this release
inferredWoodie Woodie North · iron_oreTonnes: 40000Grade: 14.6Grade Unit: %View all detailsHide details
Identity
- Project
- Woodie Woodie North
- Commodity
- iron_ore
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- AX8
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Felicity Hughes
- Resource group id
- resource:04f41646cb8b183baf16
- Deposit or zone
- Area 1
Resource Data
- Category
- inferred
- Tonnes
- 40000
- Grade
- 14.6
- Grade Unit
- %
- Cutoff Grade
- 15
- Cutoff Unit
- % Mn
Prior Estimate
- Resource Date
- 2023-11-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is a small, inferred iron resource, which provides a baseline but has low confidence for economic studies.
Positive factors
- Resource estimate is JORC compliant and QP signed
Negative factors
- Resource is entirely in the Inferred category, indicating lower geological confidence
- Small tonnage for this category
Evidence · table
“14.6”
Context: 0.04
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.8 years before this release
inferredWoodie Woodie North · silicaTonnes: 40000Grade: 25.8Grade Unit: %View all detailsHide details
Identity
- Project
- Woodie Woodie North
- Commodity
- silica
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- AX8
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Felicity Hughes
- Resource group id
- resource:04f41646cb8b183baf16
- Deposit or zone
- Area 1
Resource Data
- Category
- inferred
- Tonnes
- 40000
- Grade
- 25.8
- Grade Unit
- %
- Cutoff Grade
- 15
- Cutoff Unit
- % Mn
Prior Estimate
- Resource Date
- 2023-11-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is a small, inferred silica resource, which provides a baseline but has low confidence for economic studies.
Positive factors
- Resource estimate is JORC compliant and QP signed
Negative factors
- Resource is entirely in the Inferred category, indicating lower geological confidence
- Small tonnage for this category
Evidence · table
“25.8”
Context: 0.04
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.8 years before this release
inferredWoodie Woodie North · aluminiumTonnes: 40000Grade: 2.2Grade Unit: %View all detailsHide details
Identity
- Project
- Woodie Woodie North
- Commodity
- aluminium
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- AX8
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Felicity Hughes
- Resource group id
- resource:04f41646cb8b183baf16
- Deposit or zone
- Area 1
Resource Data
- Category
- inferred
- Tonnes
- 40000
- Grade
- 2.2
- Grade Unit
- %
- Cutoff Grade
- 15
- Cutoff Unit
- % Mn
Prior Estimate
- Resource Date
- 2023-11-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is a small, inferred aluminium resource, which provides a baseline but has low confidence for economic studies.
Positive factors
- Resource estimate is JORC compliant and QP signed
Negative factors
- Resource is entirely in the Inferred category, indicating lower geological confidence
- Small tonnage for this category
Evidence · table
“2.2”
Context: 0.04
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.8 years before this release
inferredWoodie Woodie North · phosphorusTonnes: 40000Grade: 0.1Grade Unit: %View all detailsHide details
Identity
- Project
- Woodie Woodie North
- Commodity
- phosphorus
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- AX8
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Felicity Hughes
- Resource group id
- resource:04f41646cb8b183baf16
- Deposit or zone
- Area 1
Resource Data
- Category
- inferred
- Tonnes
- 40000
- Grade
- 0.1
- Grade Unit
- %
- Cutoff Grade
- 15
- Cutoff Unit
- % Mn
Prior Estimate
- Resource Date
- 2023-11-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is a small, inferred phosphorus resource, which provides a baseline but has low confidence for economic studies.
Positive factors
- Resource estimate is JORC compliant and QP signed
Negative factors
- Resource is entirely in the Inferred category, indicating lower geological confidence
- Small tonnage for this category
Evidence · table
“0.1”
Context: 0.04
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.8 years before this release
inferredWoodie Woodie North · manganeseTonnes: 300000Grade: 17.5Grade Unit: %View all detailsHide details
Identity
- Project
- Woodie Woodie North
- Commodity
- manganese
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- AX8
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Felicity Hughes
- Resource group id
- resource:46bfbf6e48f7310d2b66
- Deposit or zone
- Area 3
Resource Data
- Category
- inferred
- Tonnes
- 300000
- Grade
- 17.5
- Grade Unit
- %
- Cutoff Grade
- 15
- Cutoff Unit
- % Mn
Prior Estimate
- Resource Date
- 2023-11-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is an inferred manganese resource, which provides a baseline but has low confidence for economic studies.
Positive factors
- Resource estimate is JORC compliant and QP signed
Negative factors
- Resource is entirely in the Inferred category, indicating lower geological confidence
Evidence · table
“17.5”
Context: 0.3
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.8 years before this release
inferredWoodie Woodie North · iron_oreTonnes: 300000Grade: 20.1Grade Unit: %View all detailsHide details
Identity
- Project
- Woodie Woodie North
- Commodity
- iron_ore
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- AX8
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Felicity Hughes
- Resource group id
- resource:46bfbf6e48f7310d2b66
- Deposit or zone
- Area 3
Resource Data
- Category
- inferred
- Tonnes
- 300000
- Grade
- 20.1
- Grade Unit
- %
- Cutoff Grade
- 15
- Cutoff Unit
- % Mn
Prior Estimate
- Resource Date
- 2023-11-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is an inferred iron resource, which provides a baseline but has low confidence for economic studies.
Positive factors
- Resource estimate is JORC compliant and QP signed
Negative factors
- Resource is entirely in the Inferred category, indicating lower geological confidence
Evidence · table
“20.1”
Context: 0.3
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.8 years before this release
inferredWoodie Woodie North · silicaTonnes: 300000Grade: 27.9Grade Unit: %View all detailsHide details
Identity
- Project
- Woodie Woodie North
- Commodity
- silica
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- AX8
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Felicity Hughes
- Resource group id
- resource:46bfbf6e48f7310d2b66
- Deposit or zone
- Area 3
Resource Data
- Category
- inferred
- Tonnes
- 300000
- Grade
- 27.9
- Grade Unit
- %
- Cutoff Grade
- 15
- Cutoff Unit
- % Mn
Prior Estimate
- Resource Date
- 2023-11-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is an inferred silica resource, which provides a baseline but has low confidence for economic studies.
Positive factors
- Resource estimate is JORC compliant and QP signed
Negative factors
- Resource is entirely in the Inferred category, indicating lower geological confidence
Evidence · table
“27.9”
Context: 0.3
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.8 years before this release
inferredWoodie Woodie North · aluminiumTonnes: 300000Grade: 3Grade Unit: %View all detailsHide details
Identity
- Project
- Woodie Woodie North
- Commodity
- aluminium
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- AX8
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Felicity Hughes
- Resource group id
- resource:46bfbf6e48f7310d2b66
- Deposit or zone
- Area 3
Resource Data
- Category
- inferred
- Tonnes
- 300000
- Grade
- 3
- Grade Unit
- %
- Cutoff Grade
- 15
- Cutoff Unit
- % Mn
Prior Estimate
- Resource Date
- 2023-11-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is an inferred aluminium resource, which provides a baseline but has low confidence for economic studies.
Positive factors
- Resource estimate is JORC compliant and QP signed
Negative factors
- Resource is entirely in the Inferred category, indicating lower geological confidence
Evidence · table
“3.0”
Context: 0.3
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.8 years before this release
inferredWoodie Woodie North · phosphorusTonnes: 300000Grade: 0.1Grade Unit: %View all detailsHide details
Identity
- Project
- Woodie Woodie North
- Commodity
- phosphorus
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- AX8
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Felicity Hughes
- Resource group id
- resource:46bfbf6e48f7310d2b66
- Deposit or zone
- Area 3
Resource Data
- Category
- inferred
- Tonnes
- 300000
- Grade
- 0.1
- Grade Unit
- %
- Cutoff Grade
- 15
- Cutoff Unit
- % Mn
Prior Estimate
- Resource Date
- 2023-11-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is an inferred phosphorus resource, which provides a baseline but has low confidence for economic studies.
Positive factors
- Resource estimate is JORC compliant and QP signed
Negative factors
- Resource is entirely in the Inferred category, indicating lower geological confidence
Evidence · table
“0.1”
Context: 0.3
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.8 years before this release
inferredWoodie Woodie North · manganeseTonnes: 200000Grade: 16.1Grade Unit: %View all detailsHide details
Identity
- Project
- Woodie Woodie North
- Commodity
- manganese
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- AX8
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Felicity Hughes
- Resource group id
- resource:71a3336e272a8c57483e
- Deposit or zone
- Area 4
Resource Data
- Category
- inferred
- Tonnes
- 200000
- Grade
- 16.1
- Grade Unit
- %
- Cutoff Grade
- 15
- Cutoff Unit
- % Mn
Prior Estimate
- Resource Date
- 2023-11-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is an inferred manganese resource, which provides a baseline but has low confidence for economic studies.
Positive factors
- Resource estimate is JORC compliant and QP signed
Negative factors
- Resource is entirely in the Inferred category, indicating lower geological confidence
Evidence · table
“16.1”
Context: 0.2
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.8 years before this release
inferredWoodie Woodie North · iron_oreTonnes: 200000Grade: 21.8Grade Unit: %View all detailsHide details
Identity
- Project
- Woodie Woodie North
- Commodity
- iron_ore
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- AX8
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Felicity Hughes
- Resource group id
- resource:71a3336e272a8c57483e
- Deposit or zone
- Area 4
Resource Data
- Category
- inferred
- Tonnes
- 200000
- Grade
- 21.8
- Grade Unit
- %
- Cutoff Grade
- 15
- Cutoff Unit
- % Mn
Prior Estimate
- Resource Date
- 2023-11-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is an inferred iron resource, which provides a baseline but has low confidence for economic studies.
Positive factors
- Resource estimate is JORC compliant and QP signed
Negative factors
- Resource is entirely in the Inferred category, indicating lower geological confidence
Evidence · table
“21.8”
Context: 0.2
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.8 years before this release
inferredWoodie Woodie North · silicaTonnes: 200000Grade: 34Grade Unit: %View all detailsHide details
Identity
- Project
- Woodie Woodie North
- Commodity
- silica
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- AX8
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Felicity Hughes
- Resource group id
- resource:71a3336e272a8c57483e
- Deposit or zone
- Area 4
Resource Data
- Category
- inferred
- Tonnes
- 200000
- Grade
- 34
- Grade Unit
- %
- Cutoff Grade
- 15
- Cutoff Unit
- % Mn
Prior Estimate
- Resource Date
- 2023-11-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is an inferred silica resource, which provides a baseline but has low confidence for economic studies.
Positive factors
- Resource estimate is JORC compliant and QP signed
Negative factors
- Resource is entirely in the Inferred category, indicating lower geological confidence
Evidence · table
“34.0”
Context: 0.2
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.8 years before this release
inferredWoodie Woodie North · aluminiumTonnes: 200000Grade: 2.3Grade Unit: %View all detailsHide details
Identity
- Project
- Woodie Woodie North
- Commodity
- aluminium
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- AX8
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Felicity Hughes
- Resource group id
- resource:71a3336e272a8c57483e
- Deposit or zone
- Area 4
Resource Data
- Category
- inferred
- Tonnes
- 200000
- Grade
- 2.3
- Grade Unit
- %
- Cutoff Grade
- 15
- Cutoff Unit
- % Mn
Prior Estimate
- Resource Date
- 2023-11-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is an inferred aluminium resource, which provides a baseline but has low confidence for economic studies.
Positive factors
- Resource estimate is JORC compliant and QP signed
Negative factors
- Resource is entirely in the Inferred category, indicating lower geological confidence
Evidence · table
“2.3”
Context: 0.2
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.8 years before this release
inferredWoodie Woodie North · phosphorusTonnes: 200000Grade: 0.1Grade Unit: %View all detailsHide details
Identity
- Project
- Woodie Woodie North
- Commodity
- phosphorus
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- AX8
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Felicity Hughes
- Resource group id
- resource:71a3336e272a8c57483e
- Deposit or zone
- Area 4
Resource Data
- Category
- inferred
- Tonnes
- 200000
- Grade
- 0.1
- Grade Unit
- %
- Cutoff Grade
- 15
- Cutoff Unit
- % Mn
Prior Estimate
- Resource Date
- 2023-11-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is an inferred phosphorus resource, which provides a baseline but has low confidence for economic studies.
Positive factors
- Resource estimate is JORC compliant and QP signed
Negative factors
- Resource is entirely in the Inferred category, indicating lower geological confidence
Evidence · table
“0.1”
Context: 0.2
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.8 years before this release
inferredWoodie Woodie North · manganeseTonnes: 700000Grade: 20.7Grade Unit: %View all detailsHide details
Identity
- Project
- Woodie Woodie North
- Commodity
- manganese
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- AX8
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Felicity Hughes
- Resource group id
- resource:b56d99ad5078f1662059
- Deposit or zone
- Area 42
Resource Data
- Category
- inferred
- Tonnes
- 700000
- Grade
- 20.7
- Grade Unit
- %
- Cutoff Grade
- 15
- Cutoff Unit
- % Mn
Prior Estimate
- Resource Date
- 2023-11-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is the largest inferred manganese resource area with a good grade, providing a significant baseline for future work.
Positive factors
- Resource estimate is JORC compliant and QP signed
- Higher grade compared to other areas
Negative factors
- Resource is entirely in the Inferred category, indicating lower geological confidence
Evidence · table
“20.7”
Context: 0.7
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.8 years before this release
inferredWoodie Woodie North · iron_oreTonnes: 700000Grade: 15.6Grade Unit: %View all detailsHide details
Identity
- Project
- Woodie Woodie North
- Commodity
- iron_ore
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- AX8
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Felicity Hughes
- Resource group id
- resource:b56d99ad5078f1662059
- Deposit or zone
- Area 42
Resource Data
- Category
- inferred
- Tonnes
- 700000
- Grade
- 15.6
- Grade Unit
- %
- Cutoff Grade
- 15
- Cutoff Unit
- % Mn
Prior Estimate
- Resource Date
- 2023-11-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is an inferred iron resource, which provides a baseline but has low confidence for economic studies.
Positive factors
- Resource estimate is JORC compliant and QP signed
Negative factors
- Resource is entirely in the Inferred category, indicating lower geological confidence
Evidence · table
“15.6”
Context: 0.7
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.8 years before this release
inferredWoodie Woodie North · silicaTonnes: 700000Grade: 35.6Grade Unit: %View all detailsHide details
Identity
- Project
- Woodie Woodie North
- Commodity
- silica
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- AX8
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Felicity Hughes
- Resource group id
- resource:b56d99ad5078f1662059
- Deposit or zone
- Area 42
Resource Data
- Category
- inferred
- Tonnes
- 700000
- Grade
- 35.6
- Grade Unit
- %
- Cutoff Grade
- 15
- Cutoff Unit
- % Mn
Prior Estimate
- Resource Date
- 2023-11-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is an inferred silica resource, which provides a baseline but has low confidence for economic studies.
Positive factors
- Resource estimate is JORC compliant and QP signed
Negative factors
- Resource is entirely in the Inferred category, indicating lower geological confidence
Evidence · table
“35.6”
Context: 0.7
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.8 years before this release
inferredWoodie Woodie North · aluminiumTonnes: 700000Grade: 3.3Grade Unit: %View all detailsHide details
Identity
- Project
- Woodie Woodie North
- Commodity
- aluminium
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- AX8
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Felicity Hughes
- Resource group id
- resource:b56d99ad5078f1662059
- Deposit or zone
- Area 42
Resource Data
- Category
- inferred
- Tonnes
- 700000
- Grade
- 3.3
- Grade Unit
- %
- Cutoff Grade
- 15
- Cutoff Unit
- % Mn
Prior Estimate
- Resource Date
- 2023-11-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is an inferred aluminium resource, which provides a baseline but has low confidence for economic studies.
Positive factors
- Resource estimate is JORC compliant and QP signed
Negative factors
- Resource is entirely in the Inferred category, indicating lower geological confidence
Evidence · table
“3.3”
Context: 0.7
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.8 years before this release
inferredWoodie Woodie North · phosphorusTonnes: 700000Grade: 0.1Grade Unit: %View all detailsHide details
Identity
- Project
- Woodie Woodie North
- Commodity
- phosphorus
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- AX8
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Felicity Hughes
- Resource group id
- resource:b56d99ad5078f1662059
- Deposit or zone
- Area 42
Resource Data
- Category
- inferred
- Tonnes
- 700000
- Grade
- 0.1
- Grade Unit
- %
- Cutoff Grade
- 15
- Cutoff Unit
- % Mn
Prior Estimate
- Resource Date
- 2023-11-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is an inferred phosphorus resource, which provides a baseline but has low confidence for economic studies.
Positive factors
- Resource estimate is JORC compliant and QP signed
Negative factors
- Resource is entirely in the Inferred category, indicating lower geological confidence
Evidence · table
“0.1”
Context: 0.7
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.8 years before this release
inferredWoodie Woodie North · manganeseTonnes: 1200000Grade: 19.1Grade Unit: %View all detailsHide details
Identity
- Project
- Woodie Woodie North
- Commodity
- manganese
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- AX8
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Felicity Hughes
- Resource group id
- resource:7b6ba0799a24f5d17fcc
- Deposit or zone
- Total
Resource Data
- Category
- inferred
- Tonnes
- 1200000
- Grade
- 19.1
- Grade Unit
- %
- Cutoff Grade
- 15
- Cutoff Unit
- % Mn
Prior Estimate
- Resource Date
- 2023-11-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: The total inferred manganese resource provides a substantial target for future exploration and development, though confidence is limited by the inferred category.
Positive factors
- Resource estimate is JORC compliant and QP signed
- Significant total tonnage for an inferred resource
Negative factors
- Resource is entirely in the Inferred category, indicating lower geological confidence
Evidence · table
“19.1”
Context: 1.2
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.8 years before this release
inferredWoodie Woodie North · iron_oreTonnes: 1200000Grade: 17.6Grade Unit: %View all detailsHide details
Identity
- Project
- Woodie Woodie North
- Commodity
- iron_ore
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- AX8
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Felicity Hughes
- Resource group id
- resource:7b6ba0799a24f5d17fcc
- Deposit or zone
- Total
Resource Data
- Category
- inferred
- Tonnes
- 1200000
- Grade
- 17.6
- Grade Unit
- %
- Cutoff Grade
- 15
- Cutoff Unit
- % Mn
Prior Estimate
- Resource Date
- 2023-11-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: The total inferred iron resource provides a baseline but has low confidence for economic studies.
Positive factors
- Resource estimate is JORC compliant and QP signed
Negative factors
- Resource is entirely in the Inferred category, indicating lower geological confidence
Evidence · table
“17.6”
Context: 1.2
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.8 years before this release
inferredWoodie Woodie North · silicaTonnes: 1200000Grade: 33.1Grade Unit: %View all detailsHide details
Identity
- Project
- Woodie Woodie North
- Commodity
- silica
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- AX8
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Felicity Hughes
- Resource group id
- resource:7b6ba0799a24f5d17fcc
- Deposit or zone
- Total
Resource Data
- Category
- inferred
- Tonnes
- 1200000
- Grade
- 33.1
- Grade Unit
- %
- Cutoff Grade
- 15
- Cutoff Unit
- % Mn
Prior Estimate
- Resource Date
- 2023-11-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: The total inferred silica resource provides a baseline but has low confidence for economic studies.
Positive factors
- Resource estimate is JORC compliant and QP signed
Negative factors
- Resource is entirely in the Inferred category, indicating lower geological confidence
Evidence · table
“33.1”
Context: 1.2
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.8 years before this release
inferredWoodie Woodie North · aluminiumTonnes: 1200000Grade: 3Grade Unit: %View all detailsHide details
Identity
- Project
- Woodie Woodie North
- Commodity
- aluminium
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- AX8
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Felicity Hughes
- Resource group id
- resource:7b6ba0799a24f5d17fcc
- Deposit or zone
- Total
Resource Data
- Category
- inferred
- Tonnes
- 1200000
- Grade
- 3
- Grade Unit
- %
- Cutoff Grade
- 15
- Cutoff Unit
- % Mn
Prior Estimate
- Resource Date
- 2023-11-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: The total inferred aluminium resource provides a baseline but has low confidence for economic studies.
Positive factors
- Resource estimate is JORC compliant and QP signed
Negative factors
- Resource is entirely in the Inferred category, indicating lower geological confidence
Evidence · table
“3.0”
Context: 1.2
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.8 years before this release
inferredWoodie Woodie North · phosphorusTonnes: 1200000Grade: 0.1Grade Unit: %View all detailsHide details
Identity
- Project
- Woodie Woodie North
- Commodity
- phosphorus
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- AX8
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Felicity Hughes
- Resource group id
- resource:7b6ba0799a24f5d17fcc
- Deposit or zone
- Total
Resource Data
- Category
- inferred
- Tonnes
- 1200000
- Grade
- 0.1
- Grade Unit
- %
- Cutoff Grade
- 15
- Cutoff Unit
- % Mn
Prior Estimate
- Resource Date
- 2023-11-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: The total inferred phosphorus resource provides a baseline but has low confidence for economic studies.
Positive factors
- Resource estimate is JORC compliant and QP signed
Negative factors
- Resource is entirely in the Inferred category, indicating lower geological confidence
Evidence · table
“0.1”
Context: 1.2
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.8 years before this release
inferredWoodie Woodie North · iron_oreTonnes: 40000Grade: 14.6Grade Unit: %View all detailsHide details
Identity
- Project
- Woodie Woodie North
- Commodity
- iron_ore
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- AX8
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Felicity Hughes
- Resource group id
- resource:04f41646cb8b183baf16
- Deposit or zone
- Area 1
Resource Data
- Category
- inferred
- Tonnes
- 40000
- Grade
- 14.6
- Grade Unit
- %
- Cutoff Grade
- 15
- Cutoff Unit
- % Mn
Prior Estimate
- Resource Date
- 2023-11-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is a small, inferred manganese resource, which provides a baseline but has low confidence for economic studies. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Resource estimate is JORC compliant and QP signed
Negative factors
- Resource is entirely in the Inferred category, indicating lower geological confidence
- Small tonnage for this category
Evidence · table
“14.6”
Context: 0.04
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.8 years before this release
inferredWoodie Woodie North · iron_oreTonnes: 300000Grade: 20.1Grade Unit: %View all detailsHide details
Identity
- Project
- Woodie Woodie North
- Commodity
- iron_ore
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- AX8
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Felicity Hughes
- Resource group id
- resource:46bfbf6e48f7310d2b66
- Deposit or zone
- Area 3
Resource Data
- Category
- inferred
- Tonnes
- 300000
- Grade
- 20.1
- Grade Unit
- %
- Cutoff Grade
- 15
- Cutoff Unit
- % Mn
Prior Estimate
- Resource Date
- 2023-11-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is an inferred manganese resource, which provides a baseline but has low confidence for economic studies. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Resource estimate is JORC compliant and QP signed
Negative factors
- Resource is entirely in the Inferred category, indicating lower geological confidence
Evidence · table
“20.1”
Context: 0.3
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.8 years before this release
inferredWoodie Woodie North · iron_oreTonnes: 200000Grade: 21.8Grade Unit: %View all detailsHide details
Identity
- Project
- Woodie Woodie North
- Commodity
- iron_ore
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- AX8
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Felicity Hughes
- Resource group id
- resource:71a3336e272a8c57483e
- Deposit or zone
- Area 4
Resource Data
- Category
- inferred
- Tonnes
- 200000
- Grade
- 21.8
- Grade Unit
- %
- Cutoff Grade
- 15
- Cutoff Unit
- % Mn
Prior Estimate
- Resource Date
- 2023-11-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is an inferred manganese resource, which provides a baseline but has low confidence for economic studies. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Resource estimate is JORC compliant and QP signed
Negative factors
- Resource is entirely in the Inferred category, indicating lower geological confidence
Evidence · table
“21.8”
Context: 0.2
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.8 years before this release
inferredWoodie Woodie North · iron_oreTonnes: 700000Grade: 15.6Grade Unit: %View all detailsHide details
Identity
- Project
- Woodie Woodie North
- Commodity
- iron_ore
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- AX8
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Felicity Hughes
- Resource group id
- resource:b56d99ad5078f1662059
- Deposit or zone
- Area 42
Resource Data
- Category
- inferred
- Tonnes
- 700000
- Grade
- 15.6
- Grade Unit
- %
- Cutoff Grade
- 15
- Cutoff Unit
- % Mn
Prior Estimate
- Resource Date
- 2023-11-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is the largest inferred manganese resource area with a good grade, providing a significant baseline for future work. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Resource estimate is JORC compliant and QP signed
- Higher grade compared to other areas
Negative factors
- Resource is entirely in the Inferred category, indicating lower geological confidence
Evidence · table
“15.6”
Context: 0.7
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.8 years before this release
inferredWoodie Woodie North · iron_oreTonnes: 1200000Grade: 17.6Grade Unit: %View all detailsHide details
Identity
- Project
- Woodie Woodie North
- Commodity
- iron_ore
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- AX8
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Felicity Hughes
- Resource group id
- resource:7b6ba0799a24f5d17fcc
- Deposit or zone
- Total
Resource Data
- Category
- inferred
- Tonnes
- 1200000
- Grade
- 17.6
- Grade Unit
- %
- Cutoff Grade
- 15
- Cutoff Unit
- % Mn
Prior Estimate
- Resource Date
- 2023-11-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: The total inferred manganese resource provides a substantial target for future exploration and development, though confidence is limited by the inferred category. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Resource estimate is JORC compliant and QP signed
- Significant total tonnage for an inferred resource
Negative factors
- Resource is entirely in the Inferred category, indicating lower geological confidence
Evidence · table
“17.6”
Context: 1.2
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.8 years before this release
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.