AZY: Beaver Creek Precious Metals Summit Conference Presentation

Original announcement by asx on

Company
Antipa Minerals Limited
Ticker
AZY
Exchange
ASX
Region
Western Australia
Primary commodity
Gold
Secondary commodities
Copper, Silver, Cobalt
Document categories
Drill results, Resource update, Metallurgy
Extracted
2026-09-22 02:14:28 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Antipa Minerals presented an update on its Minyari Dome Gold-Copper Development Project, highlighting strong Scoping Study economics with a post-tax NPV7% of A$1.8 billion at A$5,000/oz gold. The project boasts a significant 2.9 Moz gold Mineral Resource, with 42.0 Mt in the Indicated category, and ongoing exploration yielding new discoveries and resource extensions. Metallurgical test-work from 2017-2018 indicates high recoveries for gold (88%), copper (85%), silver (85%), and cobalt (68%), supporting a CIL and flotation flowsheet.

Reasoning: The presentation outlines a robust gold-copper development project with strong economics, a growing resource base, and ongoing exploration success, supported by good metallurgical recoveries, despite some data being historical.

Positive factors

  • Strong Scoping Study economics with a post-tax NPV7% of A$1.8 billion at A$5,000/oz gold.
  • Significant total gold resource of 2.9 Moz, with 42.0 Mt in the Indicated category.
  • High metallurgical recoveries for gold (88%), copper (85%), silver (85%), and cobalt (68%) support the proposed CIL and flotation flowsheet.
  • New drill discoveries and extensions, including bonanza-grade intercepts, indicate ongoing exploration success and resource growth potential.
  • Strong balance sheet with A$39 million cash provides funding for rapid project growth and advancement.

Negative factors

  • Many drill results presented are historical, reducing the novelty of the exploration section.
  • Metallurgical testwork dates back to 2017/2018, suggesting the results are not recent and may be preliminary.
  • The resource estimate breakdown by category (Indicated/Inferred) does not provide individual grades for each category in the presentation.

Facts used in scoring: 44

Classification and evidence

Tonnage Growthpositive

Significant tonnage increase (≥15%) vs prior estimate with grade maintained or improved.

Why it applies: The document highlights 'TOTAL RESOURCE GROWTH OVER TIME' on Slide 6, indicating an increase in resource tonnage.

Evidence · text

“TOTAL RESOURCE GROWTH OVER TIME”

Contained Metal Growthpositive

True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.

Why it applies: The document reports an increase in contained gold from 723 koz Au in November 2017 to 2.9 Moz Au in the current resource, as shown on Slide 6.

Evidence · text

“CURRENT RESOURCE 2.9 MOZ GOLD”

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 document includes a 'Competent Persons Statement' on Slide 43, naming Roger Mason, Jane Levett, and Victoria Lawns as Competent Persons responsible for exploration results and mineral resource estimations.

Evidence · text

“Competent Persons Statement - Exploration Results: The information in this document that relates to Exploration Results is based on and fairly represents information and supporting documentation compiled by Mr Roger Mason, a Competent Person who is a Member of The Australasian Institute of Mining and Metallurgy.”

JORC Compliantpositive

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

Why it applies: The document states that the company is required to report reserves and resources in accordance with the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code, 2012 Edition)' on Slide 2.

Evidence · text

“the Company is required to report reserves and resources in accordance with the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code, 2012 Edition).”

PFS-Supportingneutral

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

Why it applies: The document explicitly states that the Minyari Dome MRE is 'the basis of the ongoing Pre-Feasibility Study' on Slide 6 and mentions 'PFS Mineral Resource Estimate' on Slide 12.

Evidence · text

“Minyari Dome MRE, the basis of the ongoing Pre-Feasibility Study”

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: Metallurgical recoveries of 88% for gold and 85% for copper are strong for the CIL and flotation processing routes, respectively.

Evidence · text

“Gold = 88.0% Copper = 85.0%”

Bench Scale Onlynegative

Only preliminary bench tests completed — no locked-cycle or pilot work.

Why it applies: The metallurgical test-work is stated to be from '2017 and 2018' and no specific test scale (e.g., pilot plant) is mentioned, implying it is preliminary or bench-scale.

Evidence · text

“Metallurgical recoveries for by-product metals, based upon Antipa test-work in 2017 and 2018”

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: Many drill results and metallurgical recoveries presented are from 2025 or earlier (2017/2018 for metallurgy), indicating a re-release of historical data rather than new information.

Evidence · text

“Metallurgical recoveries for by-product metals, based upon Antipa test-work in 2017 and 2018”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The document mentions 'CY2026 targeting expansion of the existing near-surface Minyari Dome Mineral Resource' and 'Focus on extending the resources down dip and/or along strike' on Slide 8.

Evidence · text

“CY2026 targeting expansion of the existing near-surface Minyari Dome Mineral Resource to further enhance the development opportunity”

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: Slide 24 reports an intercept of '3m at 150.0 g/t gold from 123m, also including: 1m at 395.0 g/t gold from 124m', which are exceptionally high grades.

Evidence · text

“3m at 150.0 g/t gold from 123m, also including: 1m at 395.0 g/t gold from 124m”

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Most drill intercepts are reported as downhole lengths (e.g., '22m at 0.9 g/t gold') without any mention of true width or drill orientation.

Evidence · text

“22m at 0.9 g/t gold and 0.14% copper from 157m”

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: While Competent Persons are named, the document does not disclose specific QA/QC procedures such as certified labs, blanks, standards, or duplicates for the drill results.

Evidence · text

“Competent Persons Statement - Exploration Results: Please refer to the detailed statement at the end of this document.”

Maiden Resourceneutral

First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component.

Why it applies: The document mentions 'Maiden resource opportunities include a new discovery 65m north of Fiama and Judes' on Slide 8, indicating new resource estimates are being pursued.

Evidence · text

“Maiden resource opportunities include a new discovery 65m north of Fiama and Judes”

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: the document describes a mill_cil route ("CIL")

Gravity Routeneutral

Gravity separation forms a material part of the flowsheet.

Why it applies: the document describes a gravity route ("gravity")

Extracted facts

Stored fact records: 44. Some facts used in scoring do not have a stored record.

Drill Results (38)

26XTDC0051Tim's Dome · goldGrade: 0.9Grade Unit: g/tIntercept: 22 mView all details
Link to this fact

Identity

Hole ID
26XTDC0051
Project
Tim's Dome
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
AZY

Geometry

Grade
0.9
Grade Unit
g/t
Intercept
22 m
From
157 m
To
179 m
Intercept Depth
157 m

Classification

Program
exploration
Sample Type
drill
Group ID
26XTDC0051:157-179

Location

Location
Main Zone
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: New drill results at Tim's Dome show moderate gold grades over a good width, extending mineralization and indicating exploration success, though true width is not provided.

Positive factors

  • New 2026 drill result extends gold mineralization at Tim's Dome.
  • Intercept length of 22m indicates good continuity.

Negative factors

  • Grade of 0.9 g/t gold is moderate for an exploration target.
  • True width is not stated, implying apparent width only.

Evidence · text

“26XTDC0051 = 22m at 0.9 g/t gold and 0.14% copper from 157m”

Tags used in scoring

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: qaqc_disclosed is not 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

26XTDC0051Tim's Dome · copperGrade: 0.14Grade Unit: %Intercept: 22 mView all details
Link to this fact

Identity

Hole ID
26XTDC0051
Project
Tim's Dome
Commodity
copper
Region
australia_wa
Reported Region
australia_wa
Ticker
AZY

Geometry

Grade
0.14
Grade Unit
%
Intercept
22 m
From
157 m
To
179 m
Intercept Depth
157 m

Classification

Program
exploration
Sample Type
drill
Group ID
26XTDC0051:157-179

Location

Location
Main Zone
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: New drill results at Tim's Dome show weak copper grades over a good width, extending mineralization, though true width is not provided.

Positive factors

  • New 2026 drill result extends copper mineralization at Tim's Dome.
  • Intercept length of 22m indicates good continuity.

Negative factors

  • Grade of 0.14% copper is weak for an exploration target.
  • True width is not stated, implying apparent width only.

Evidence · text

“26XTDC0051 = 22m at 0.9 g/t gold and 0.14% copper from 157m”

Tags used in scoring

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: qaqc_disclosed is not 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

26XTDC0051Tim's Dome · goldGrade: 4.4Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
26XTDC0051
Project
Tim's Dome
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
AZY

Geometry

Grade
4.4
Grade Unit
g/t
Intercept
3 m
From
171 m
To
174 m
Intercept Depth
171 m

Classification

Program
exploration
Sample Type
drill
Group ID
26XTDC0051:171-174

Location

Location
Main Zone
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: A new high-grade gold sub-interval, though narrow, enhances the overall intercept and indicates localized higher-grade zones, contributing to exploration success.

Positive factors

  • High-grade sub-interval of 4.4 g/t gold within a broader zone.
  • New 2026 drill result contributes to exploration success.

Negative factors

  • Narrow intercept length of 3m.
  • True width is not stated, implying apparent width only.

Evidence · text

“including 3m at 4.4 g/t gold and 0.05% copper from 171m”

Tags used in scoring

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: qaqc_disclosed is not 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

26XTDC0051Tim's Dome · copperGrade: 0.05Grade Unit: %Intercept: 3 mView all details
Link to this fact

Identity

Hole ID
26XTDC0051
Project
Tim's Dome
Commodity
copper
Region
australia_wa
Reported Region
australia_wa
Ticker
AZY

Geometry

Grade
0.05
Grade Unit
%
Intercept
3 m
From
171 m
To
174 m
Intercept Depth
171 m

Classification

Program
exploration
Sample Type
drill
Group ID
26XTDC0051:171-174

Location

Location
Main Zone
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: A new, very weak copper grade in a narrow sub-interval has limited material impact, despite being part of a new drill result.

Positive factors

  • New 2026 drill result contributes to exploration success.

Negative factors

  • Very weak copper grade of 0.05% within the sub-interval.
  • Narrow intercept length of 3m.
  • True width is not stated, implying apparent width only.

Evidence · text

“including 3m at 4.4 g/t gold and 0.05% copper from 171m”

Tags used in scoring

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: qaqc_disclosed is not 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

26XMDC0961Minyari Dome Gold-Copper Development · goldGrade: 0.9Grade Unit: g/tIntercept: 22 mView all details
Link to this fact

Identity

Hole ID
26XMDC0961
Project
Minyari Dome Gold-Copper Development
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
AZY

Geometry

Grade
0.9
Grade Unit
g/t
Intercept
22 m
From
135 m
To
157 m
Intercept Depth
135 m

Classification

Program
exploration
Sample Type
drill
Group ID
26XMDC0961:135-157

Location

Location
MAIN ZONE
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: A new drill result from the Fiama North Discovery shows moderate gold grades over a good width, indicating successful exploration, though true width is not provided.

Positive factors

  • New 2026 drill result from Fiama North Discovery.
  • Intercept length of 22m indicates good continuity.

Negative factors

  • Grade of 0.9 g/t gold is moderate for an exploration target.
  • True width is not stated, implying apparent width only.

Evidence · text

“22m at 0.9 g/t gold and 0.23% copper from 135m in 26XMDC0961”

Tags used in scoring

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: qaqc_disclosed is not 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

26XMDC0961Minyari Dome Gold-Copper Development · copperGrade: 0.23Grade Unit: %Intercept: 22 mView all details
Link to this fact

Identity

Hole ID
26XMDC0961
Project
Minyari Dome Gold-Copper Development
Commodity
copper
Region
australia_wa
Reported Region
australia_wa
Ticker
AZY

Geometry

Grade
0.23
Grade Unit
%
Intercept
22 m
From
135 m
To
157 m
Intercept Depth
135 m

Classification

Program
exploration
Sample Type
drill
Group ID
26XMDC0961:135-157

Location

Location
MAIN ZONE
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: A new drill result from the Fiama North Discovery shows weak copper grades over a good width, indicating successful exploration, though true width is not provided.

Positive factors

  • New 2026 drill result from Fiama North Discovery.
  • Intercept length of 22m indicates good continuity.

Negative factors

  • Grade of 0.23% copper is weak for an exploration target.
  • True width is not stated, implying apparent width only.

Evidence · text

“22m at 0.9 g/t gold and 0.23% copper from 135m in 26XMDC0961”

Tags used in scoring

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: qaqc_disclosed is not 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

26XMDC0963Minyari Dome Gold-Copper Development · goldGrade: 1.3Grade Unit: g/tIntercept: 10 mView all details
Link to this fact

Identity

Hole ID
26XMDC0963
Project
Minyari Dome Gold-Copper Development
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
AZY

Geometry

Grade
1.3
Grade Unit
g/t
Intercept
10 m
From
147 m
To
157 m
Intercept Depth
147 m

Classification

Program
exploration
Sample Type
drill
Group ID
26XMDC0963:147-157

Location

Location
MAIN ZONE
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: A new drill result from the Fiama North Discovery shows moderate gold grades over a good width, indicating successful exploration, though true width is not provided.

Positive factors

  • New 2026 drill result from Fiama North Discovery.
  • Intercept length of 10m indicates good continuity.

Negative factors

  • Grade of 1.3 g/t gold is moderate for an exploration target.
  • True width is not stated, implying apparent width only.

Evidence · text

“10m at 1.3 g/t gold and 0.22% copper from 147m in 26XMDC0963”

Tags used in scoring

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: qaqc_disclosed is not 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

26XMDC0963Minyari Dome Gold-Copper Development · copperGrade: 0.22Grade Unit: %Intercept: 10 mView all details
Link to this fact

Identity

Hole ID
26XMDC0963
Project
Minyari Dome Gold-Copper Development
Commodity
copper
Region
australia_wa
Reported Region
australia_wa
Ticker
AZY

Geometry

Grade
0.22
Grade Unit
%
Intercept
10 m
From
147 m
To
157 m
Intercept Depth
147 m

Classification

Program
exploration
Sample Type
drill
Group ID
26XMDC0963:147-157

Location

Location
MAIN ZONE
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: A new drill result from the Fiama North Discovery shows weak copper grades over a good width, indicating successful exploration, though true width is not provided.

Positive factors

  • New 2026 drill result from Fiama North Discovery.
  • Intercept length of 10m indicates good continuity.

Negative factors

  • Grade of 0.22% copper is weak for an exploration target.
  • True width is not stated, implying apparent width only.

Evidence · text

“10m at 1.3 g/t gold and 0.22% copper from 147m in 26XMDC0963”

Tags used in scoring

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: qaqc_disclosed is not 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

26XMDC0963Minyari Dome Gold-Copper Development · goldGrade: 1.8Grade Unit: g/tIntercept: 6 mView all details
Link to this fact

Identity

Hole ID
26XMDC0963
Project
Minyari Dome Gold-Copper Development
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
AZY

Geometry

Grade
1.8
Grade Unit
g/t
Intercept
6 m
From
150 m
To
156 m
Intercept Depth
150 m

Classification

Program
exploration
Sample Type
drill
Group ID
26XMDC0963:150-156

Location

Location
MAIN ZONE
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: A new higher-grade gold sub-interval, though narrow, enhances the overall intercept and indicates localized higher-grade zones, contributing to exploration success.

Positive factors

  • Higher-grade sub-interval of 1.8 g/t gold within a broader zone.
  • New 2026 drill result contributes to exploration success.

Negative factors

  • Narrow intercept length of 6m.
  • True width is not stated, implying apparent width only.

Evidence · text

“including: 6m at 1.8 g/t gold and 0.24% copper from 150m”

Tags used in scoring

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: qaqc_disclosed is not 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

26XMDC0963Minyari Dome Gold-Copper Development · copperGrade: 0.24Grade Unit: %Intercept: 6 mView all details
Link to this fact

Identity

Hole ID
26XMDC0963
Project
Minyari Dome Gold-Copper Development
Commodity
copper
Region
australia_wa
Reported Region
australia_wa
Ticker
AZY

Geometry

Grade
0.24
Grade Unit
%
Intercept
6 m
From
150 m
To
156 m
Intercept Depth
150 m

Classification

Program
exploration
Sample Type
drill
Group ID
26XMDC0963:150-156

Location

Location
MAIN ZONE
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: A new weak copper grade in a narrow sub-interval has limited material impact, despite being part of a new drill result.

Positive factors

  • New 2026 drill result contributes to exploration success.

Negative factors

  • Weak copper grade of 0.24% within the sub-interval.
  • Narrow intercept length of 6m.
  • True width is not stated, implying apparent width only.

Evidence · text

“including: 6m at 1.8 g/t gold and 0.24% copper from 150m”

Tags used in scoring

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: qaqc_disclosed is not 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

26XMDC0958Minyari Dome Gold-Copper Development · goldGrade: 0.6Grade Unit: g/tIntercept: 31 mView all details
Link to this fact

Identity

Hole ID
26XMDC0958
Project
Minyari Dome Gold-Copper Development
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
AZY

Geometry

Grade
0.6
Grade Unit
g/t
Intercept
31 m
From
69 m
To
100 m
Intercept Depth
69 m

Classification

Program
exploration
Sample Type
drill
Group ID
26XMDC0958:69-100

Location

Location
MAIN ZONE
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: A new drill result from the Fiama North Discovery shows weak gold grades over a good width, indicating successful exploration, though true width is not provided.

Positive factors

  • New 2026 drill result from Fiama North Discovery.
  • Intercept length of 31m indicates good continuity.

Negative factors

  • Grade of 0.6 g/t gold is weak for an exploration target.
  • True width is not stated, implying apparent width only.

Evidence · text

“31m at 0.6 g/t gold and 0.04% copper from 69m in 26XMDC0958”

Tags used in scoring

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: qaqc_disclosed is not 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

26XMDC0958Minyari Dome Gold-Copper Development · copperGrade: 0.04Grade Unit: %Intercept: 31 mView all details
Link to this fact

Identity

Hole ID
26XMDC0958
Project
Minyari Dome Gold-Copper Development
Commodity
copper
Region
australia_wa
Reported Region
australia_wa
Ticker
AZY

Geometry

Grade
0.04
Grade Unit
%
Intercept
31 m
From
69 m
To
100 m
Intercept Depth
69 m

Classification

Program
exploration
Sample Type
drill
Group ID
26XMDC0958:69-100

Location

Location
MAIN ZONE
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: A new drill result from the Fiama North Discovery shows very weak copper grades over a good width, indicating successful exploration, though true width is not provided.

Positive factors

  • New 2026 drill result from Fiama North Discovery.
  • Intercept length of 31m indicates good continuity.

Negative factors

  • Very weak copper grade of 0.04% for an exploration target.
  • True width is not stated, implying apparent width only.

Evidence · text

“31m at 0.6 g/t gold and 0.04% copper from 69m in 26XMDC0958”

Tags used in scoring

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: qaqc_disclosed is not 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

26XMDC0958Minyari Dome Gold-Copper Development · goldGrade: 1Grade Unit: g/tIntercept: 16 mView all details
Link to this fact

Identity

Hole ID
26XMDC0958
Project
Minyari Dome Gold-Copper Development
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
AZY

Geometry

Grade
1
Grade Unit
g/t
Intercept
16 m
From
84 m
To
100 m
Intercept Depth
84 m

Classification

Program
exploration
Sample Type
drill
Group ID
26XMDC0958:84-100

Location

Location
MAIN ZONE
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: A new higher-grade gold sub-interval, though moderate in length, enhances the overall intercept and indicates localized higher-grade zones, contributing to exploration success.

Positive factors

  • Higher-grade sub-interval of 1.0 g/t gold within a broader zone.
  • New 2026 drill result contributes to exploration success.

Negative factors

  • Moderate intercept length of 16m.
  • True width is not stated, implying apparent width only.

Evidence · text

“including: 16m at 1.0 g/t gold and 0.06% copper from 84m”

Tags used in scoring

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: qaqc_disclosed is not 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

26XMDC0958Minyari Dome Gold-Copper Development · copperGrade: 0.06Grade Unit: %Intercept: 16 mView all details
Link to this fact

Identity

Hole ID
26XMDC0958
Project
Minyari Dome Gold-Copper Development
Commodity
copper
Region
australia_wa
Reported Region
australia_wa
Ticker
AZY

Geometry

Grade
0.06
Grade Unit
%
Intercept
16 m
From
84 m
To
100 m
Intercept Depth
84 m

Classification

Program
exploration
Sample Type
drill
Group ID
26XMDC0958:84-100

Location

Location
MAIN ZONE
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: A new very weak copper grade in a moderate sub-interval has limited material impact, despite being part of a new drill result.

Positive factors

  • New 2026 drill result contributes to exploration success.

Negative factors

  • Very weak copper grade of 0.06% within the sub-interval.
  • Moderate intercept length of 16m.
  • True width is not stated, implying apparent width only.

Evidence · text

“including: 16m at 1.0 g/t gold and 0.06% copper from 84m”

Tags used in scoring

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: qaqc_disclosed is not 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

26XMDC0975Minyari Dome Gold-Copper Development · goldGrade: 2.1Grade Unit: g/tIntercept: 5 mView all details
Link to this fact

Identity

Hole ID
26XMDC0975
Project
Minyari Dome Gold-Copper Development
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
AZY

Geometry

Grade
2.1
Grade Unit
g/t
Intercept
5 m
From
109 m
To
114 m
Intercept Depth
109 m

Classification

Program
exploration
Sample Type
drill
Group ID
26XMDC0975:109-114

Location

Location
MAIN ZONE
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: A new drill result from the Rizzo-Fiama Extension shows strong gold grades over a narrow width, indicating successful exploration, though true width is not provided.

Positive factors

  • New 2026 drill result from Rizzo-Fiama Extension.
  • Grade of 2.1 g/t gold is strong for an exploration target.

Negative factors

  • Narrow intercept length of 5m.
  • True width is not stated, implying apparent width only.

Evidence · text

“5m at 2.1 g/t gold from 109m in 26XMDC0975”

Tags used in scoring

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: qaqc_disclosed is not 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

26XMDC0975Minyari Dome Gold-Copper Development · goldGrade: 9.4Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
26XMDC0975
Project
Minyari Dome Gold-Copper Development
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
AZY

Geometry

Grade
9.4
Grade Unit
g/t
Intercept
1 m
From
109 m
To
110 m
Intercept Depth
109 m

Classification

Program
exploration
Sample Type
drill
Group ID
26XMDC0975:109-110

Location

Location
MAIN ZONE
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: A new bonanza-grade gold sub-interval, though very narrow, significantly enhances the overall intercept and indicates high-grade mineralization, contributing to exploration success.

Positive factors

  • High-grade sub-interval of 9.4 g/t gold, indicating bonanza grades.
  • New 2026 drill result contributes to exploration success.

Negative factors

  • Very narrow intercept length of 1m.
  • True width is not stated, implying apparent width only.

Evidence · text

“including: 1m at 9.4 g/t gold from 109m”

Tags used in scoring

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: qaqc_disclosed is not 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

26XMDC0979Minyari Dome Gold-Copper Development · goldGrade: 1.3Grade Unit: g/tIntercept: 12 mView all details
Link to this fact

Identity

Hole ID
26XMDC0979
Project
Minyari Dome Gold-Copper Development
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
AZY

Geometry

Grade
1.3
Grade Unit
g/t
Intercept
12 m
From
141 m
To
153 m
Intercept Depth
141 m

Classification

Program
exploration
Sample Type
drill
Group ID
26XMDC0979:141-153

Location

Location
MAIN ZONE
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: A new drill result from the Rizzo-Fiama Extension shows moderate gold grades over a good width, indicating successful exploration, though true width is not provided.

Positive factors

  • New 2026 drill result from Rizzo-Fiama Extension.
  • Intercept length of 12m indicates good continuity.

Negative factors

  • Grade of 1.3 g/t gold is moderate for an exploration target.
  • True width is not stated, implying apparent width only.

Evidence · text

“12m at 1.3 g/t gold and 0.08% copper from 141m in 26XMDC0979”

Tags used in scoring

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: qaqc_disclosed is not 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

26XMDC0979Minyari Dome Gold-Copper Development · copperGrade: 0.08Grade Unit: %Intercept: 12 mView all details
Link to this fact

Identity

Hole ID
26XMDC0979
Project
Minyari Dome Gold-Copper Development
Commodity
copper
Region
australia_wa
Reported Region
australia_wa
Ticker
AZY

Geometry

Grade
0.08
Grade Unit
%
Intercept
12 m
From
141 m
To
153 m
Intercept Depth
141 m

Classification

Program
exploration
Sample Type
drill
Group ID
26XMDC0979:141-153

Location

Location
MAIN ZONE
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: A new drill result from the Rizzo-Fiama Extension shows very weak copper grades over a good width, indicating successful exploration, though true width is not provided.

Positive factors

  • New 2026 drill result from Rizzo-Fiama Extension.
  • Intercept length of 12m indicates good continuity.

Negative factors

  • Very weak copper grade of 0.08% for an exploration target.
  • True width is not stated, implying apparent width only.

Evidence · text

“12m at 1.3 g/t gold and 0.08% copper from 141m in 26XMDC0979”

Tags used in scoring

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: qaqc_disclosed is not 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

26XMDC0979Minyari Dome Gold-Copper Development · goldGrade: 2.9Grade Unit: g/tIntercept: 5 mView all details
Link to this fact

Identity

Hole ID
26XMDC0979
Project
Minyari Dome Gold-Copper Development
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
AZY

Geometry

Grade
2.9
Grade Unit
g/t
Intercept
5 m
From
142 m
To
147 m
Intercept Depth
142 m

Classification

Program
exploration
Sample Type
drill
Group ID
26XMDC0979:142-147

Location

Location
MAIN ZONE
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: A new high-grade gold sub-interval, though narrow, enhances the overall intercept and indicates localized higher-grade zones, contributing to exploration success.

Positive factors

  • High-grade sub-interval of 2.9 g/t gold within a broader zone.
  • New 2026 drill result contributes to exploration success.

Negative factors

  • Narrow intercept length of 5m.
  • True width is not stated, implying apparent width only.

Evidence · text

“including: 5m at 2.9 g/t gold 0.14% copper from 142m”

Tags used in scoring

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: qaqc_disclosed is not 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

26XMDC0979Minyari Dome Gold-Copper Development · copperGrade: 0.14Grade Unit: %Intercept: 5 mView all details
Link to this fact

Identity

Hole ID
26XMDC0979
Project
Minyari Dome Gold-Copper Development
Commodity
copper
Region
australia_wa
Reported Region
australia_wa
Ticker
AZY

Geometry

Grade
0.14
Grade Unit
%
Intercept
5 m
From
142 m
To
147 m
Intercept Depth
142 m

Classification

Program
exploration
Sample Type
drill
Group ID
26XMDC0979:142-147

Location

Location
MAIN ZONE
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: A new weak copper grade in a narrow sub-interval has limited material impact, despite being part of a new drill result.

Positive factors

  • New 2026 drill result contributes to exploration success.

Negative factors

  • Weak copper grade of 0.14% within the sub-interval.
  • Narrow intercept length of 5m.
  • True width is not stated, implying apparent width only.

Evidence · text

“including: 5m at 2.9 g/t gold 0.14% copper from 142m”

Tags used in scoring

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: qaqc_disclosed is not 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

26XMDA0012Minyari Dome Gold-Copper Development · copperGrade: 0.18Grade Unit: %Intercept: 4 mView all details
Link to this fact

Identity

Hole ID
26XMDA0012
Project
Minyari Dome Gold-Copper Development
Commodity
copper
Region
australia_wa
Reported Region
australia_wa
Ticker
AZY

Geometry

Grade
0.18
Grade Unit
%
Intercept
4 m
From
16 m
To
20 m
Intercept Depth
16 m

Classification

Program
exploration
Sample Type
drill
Group ID
26XMDA0012:16-20

Location

Location
Main Zone
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: A new drill result from the Yolanda Copper Anomaly shows weak copper grades over a narrow, shallow intercept, indicating successful exploration, though true width is not provided.

Positive factors

  • New 2026 drill result from Yolanda Copper Anomaly.
  • Shallow intercept from 16m.

Negative factors

  • Weak copper grade of 0.18% for an exploration target.
  • Narrow intercept length of 4m.
  • True width is not stated, implying apparent width only.

Evidence · text

“4m at 0.18% copper from 16m (26XMDA0012)”

Tags used in scoring

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: qaqc_disclosed is not 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

25MYC0798Minyari Dome Gold-Copper Development · goldGrade: 15.8Grade Unit: g/tIntercept: 33 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
25MYC0798
Project
Minyari Dome Gold-Copper Development
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
AZY

Geometry

Grade
15.8
Grade Unit
g/t
Intercept
33 m
From
96 m
To
129 m
Intercept Depth
96 m

Classification

Program
exploration
Sample Type
drill
Group ID
25MYC0798:96-129

Location

Location
MAIN ZONE
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: An exceptional historical gold intercept at Fiama demonstrates high-grade mineralization over a significant width, though its novelty is reduced by its age and lack of true width disclosure.

Positive factors

  • Exceptional gold grade of 15.8 g/t over a significant width of 33m.
  • Indicates high-grade mineralization at Fiama.

Negative factors

  • Result is historical (2025), reducing novelty.
  • True width is not stated, implying apparent width only.

Evidence · text

“33m at 15.8 g/t gold and 0.28% copper from 96m in 25MYC0798”

Tags used in scoring

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: qaqc_disclosed is not 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

25MYC0798Minyari Dome Gold-Copper Development · copperGrade: 0.28Grade Unit: %Intercept: 33 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
25MYC0798
Project
Minyari Dome Gold-Copper Development
Commodity
copper
Region
australia_wa
Reported Region
australia_wa
Ticker
AZY

Geometry

Grade
0.28
Grade Unit
%
Intercept
33 m
From
96 m
To
129 m
Intercept Depth
96 m

Classification

Program
exploration
Sample Type
drill
Group ID
25MYC0798:96-129

Location

Location
MAIN ZONE
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: A weak historical copper intercept at Fiama over a significant width has limited material impact, with novelty reduced by its age and lack of true width disclosure.

Positive factors

  • Intercept length of 33m indicates good continuity.

Negative factors

  • Result is historical (2025), reducing novelty.
  • Weak copper grade of 0.28% for an exploration target.
  • True width is not stated, implying apparent width only.

Evidence · text

“33m at 15.8 g/t gold and 0.28% copper from 96m in 25MYC0798”

Tags used in scoring

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: qaqc_disclosed is not 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

25MYC0798Minyari Dome Gold-Copper Development · goldGrade: 41.6Grade Unit: g/tIntercept: 1 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
25MYC0798
Project
Minyari Dome Gold-Copper Development
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
AZY

Geometry

Grade
41.6
Grade Unit
g/t
Intercept
1 m
From
114 m
To
115 m
Intercept Depth
114 m

Classification

Program
exploration
Sample Type
drill
Group ID
25MYC0798:114-115

Location

Location
MAIN ZONE
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: A bonanza historical gold sub-interval, though very narrow, highlights exceptional grades within the broader zone, but its novelty is reduced by its age and lack of true width disclosure.

Positive factors

  • Bonanza gold grade of 41.6 g/t, indicating very high-grade mineralization.

Negative factors

  • Result is historical (2025), reducing novelty.
  • Very narrow intercept length of 1m.
  • True width is not stated, implying apparent width only.

Evidence · text

“1m at 41.6 g/t gold from 114m”

Tags used in scoring

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: qaqc_disclosed is not 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

25MYC0798Minyari Dome Gold-Copper Development · goldGrade: 150Grade Unit: g/tIntercept: 3 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
25MYC0798
Project
Minyari Dome Gold-Copper Development
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
AZY

Geometry

Grade
150
Grade Unit
g/t
Intercept
3 m
From
123 m
To
126 m
Intercept Depth
123 m

Classification

Program
exploration
Sample Type
drill
Group ID
25MYC0798:123-126

Location

Location
MAIN ZONE
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: An exceptional bonanza historical gold sub-interval, though narrow, strongly indicates very high-grade mineralization, but its novelty is reduced by its age and lack of true width disclosure.

Positive factors

  • Exceptional bonanza gold grade of 150.0 g/t over 3m, indicating extremely high-grade mineralization.

Negative factors

  • Result is historical (2025), reducing novelty.
  • Narrow intercept length of 3m.
  • True width is not stated, implying apparent width only.

Evidence · text

“3m at 150.0 g/t gold from 123m”

Tags used in scoring

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: qaqc_disclosed is not 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

25MYC0798Minyari Dome Gold-Copper Development · goldGrade: 395Grade Unit: g/tIntercept: 1 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
25MYC0798
Project
Minyari Dome Gold-Copper Development
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
AZY

Geometry

Grade
395
Grade Unit
g/t
Intercept
1 m
From
124 m
To
125 m
Intercept Depth
124 m

Classification

Program
exploration
Sample Type
drill
Group ID
25MYC0798:124-125

Location

Location
MAIN ZONE
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: An exceptional bonanza historical gold sub-interval, though very narrow, strongly indicates very high-grade mineralization, but its novelty is reduced by its age and lack of true width disclosure.

Positive factors

  • Exceptional bonanza gold grade of 395.0 g/t, indicating extremely high-grade mineralization.

Negative factors

  • Result is historical (2025), reducing novelty.
  • Very narrow intercept length of 1m.
  • True width is not stated, implying apparent width only.

Evidence · text

“1m at 395.0 g/t gold from 124m”

Tags used in scoring

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: qaqc_disclosed is not 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

25MYC0799Minyari Dome Gold-Copper Development · goldGrade: 7.1Grade Unit: g/tIntercept: 23 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
25MYC0799
Project
Minyari Dome Gold-Copper Development
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
AZY

Geometry

Grade
7.1
Grade Unit
g/t
Intercept
23 m
From
125 m
To
148 m
Intercept Depth
125 m

Classification

Program
exploration
Sample Type
drill
Group ID
25MYC0799:125-148

Location

Location
MAIN ZONE
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: A strong historical gold intercept at Fiama demonstrates high-grade mineralization over a significant width, though its novelty is reduced by its age and lack of true width disclosure.

Positive factors

  • High gold grade of 7.1 g/t over a significant width of 23m.
  • Indicates strong mineralization at Fiama.

Negative factors

  • Result is historical (2025), reducing novelty.
  • True width is not stated, implying apparent width only.

Evidence · text

“23m at 7.1 g/t gold and 0.07% copper from 125m in 25MYC0799”

Tags used in scoring

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: qaqc_disclosed is not 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

25MYC0799Minyari Dome Gold-Copper Development · copperGrade: 0.07Grade Unit: %Intercept: 23 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
25MYC0799
Project
Minyari Dome Gold-Copper Development
Commodity
copper
Region
australia_wa
Reported Region
australia_wa
Ticker
AZY

Geometry

Grade
0.07
Grade Unit
%
Intercept
23 m
From
125 m
To
148 m
Intercept Depth
125 m

Classification

Program
exploration
Sample Type
drill
Group ID
25MYC0799:125-148

Location

Location
MAIN ZONE
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: A very weak historical copper intercept at Fiama over a significant width has limited material impact, with novelty reduced by its age and lack of true width disclosure.

Positive factors

  • Intercept length of 23m indicates good continuity.

Negative factors

  • Result is historical (2025), reducing novelty.
  • Very weak copper grade of 0.07% for an exploration target.
  • True width is not stated, implying apparent width only.

Evidence · text

“23m at 7.1 g/t gold and 0.07% copper from 125m in 25MYC0799”

Tags used in scoring

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: qaqc_disclosed is not 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

25MYC0799Minyari Dome Gold-Copper Development · goldGrade: 62Grade Unit: g/tIntercept: 2 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
25MYC0799
Project
Minyari Dome Gold-Copper Development
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
AZY

Geometry

Grade
62
Grade Unit
g/t
Intercept
2 m
From
128 m
To
130 m
Intercept Depth
128 m

Classification

Program
exploration
Sample Type
drill
Group ID
25MYC0799:128-130

Location

Location
MAIN ZONE
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: A bonanza historical gold sub-interval, though very narrow, highlights exceptional grades within the broader zone, but its novelty is reduced by its age and lack of true width disclosure.

Positive factors

  • Bonanza gold grade of 62.0 g/t, indicating very high-grade mineralization.

Negative factors

  • Result is historical (2025), reducing novelty.
  • Very narrow intercept length of 2m.
  • True width is not stated, implying apparent width only.

Evidence · text

“2m at 62.0 g/t gold and 0.08% copper from 128m”

Tags used in scoring

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: qaqc_disclosed is not 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

25MYC0799Minyari Dome Gold-Copper Development · copperGrade: 0.08Grade Unit: %Intercept: 2 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
25MYC0799
Project
Minyari Dome Gold-Copper Development
Commodity
copper
Region
australia_wa
Reported Region
australia_wa
Ticker
AZY

Geometry

Grade
0.08
Grade Unit
%
Intercept
2 m
From
128 m
To
130 m
Intercept Depth
128 m

Classification

Program
exploration
Sample Type
drill
Group ID
25MYC0799:128-130

Location

Location
MAIN ZONE
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: A very weak historical copper grade in a very narrow sub-interval has limited material impact, with novelty reduced by its age and lack of true width disclosure.

Negative factors

  • Result is historical (2025), reducing novelty.
  • Very weak copper grade of 0.08% within the sub-interval.
  • Very narrow intercept length of 2m.
  • True width is not stated, implying apparent width only.

Evidence · text

“2m at 62.0 g/t gold and 0.08% copper from 128m”

Tags used in scoring

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: qaqc_disclosed is not 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

25MYC0799Minyari Dome Gold-Copper Development · goldGrade: 97.5Grade Unit: g/tIntercept: 1 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
25MYC0799
Project
Minyari Dome Gold-Copper Development
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
AZY

Geometry

Grade
97.5
Grade Unit
g/t
Intercept
1 m
From
128 m
To
129 m
Intercept Depth
128 m

Classification

Program
exploration
Sample Type
drill
Group ID
25MYC0799:128-129

Location

Location
MAIN ZONE
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: An exceptional bonanza historical gold sub-interval, though very narrow, strongly indicates very high-grade mineralization, but its novelty is reduced by its age and lack of true width disclosure.

Positive factors

  • Exceptional bonanza gold grade of 97.5 g/t, indicating extremely high-grade mineralization.

Negative factors

  • Result is historical (2025), reducing novelty.
  • Very narrow intercept length of 1m.
  • True width is not stated, implying apparent width only.

Evidence · text

“1m at 97.5 g/t gold and 0.09% copper from 128m”

Tags used in scoring

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: qaqc_disclosed is not 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

25MYC0799Minyari Dome Gold-Copper Development · copperGrade: 0.09Grade Unit: %Intercept: 1 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
25MYC0799
Project
Minyari Dome Gold-Copper Development
Commodity
copper
Region
australia_wa
Reported Region
australia_wa
Ticker
AZY

Geometry

Grade
0.09
Grade Unit
%
Intercept
1 m
From
128 m
To
129 m
Intercept Depth
128 m

Classification

Program
exploration
Sample Type
drill
Group ID
25MYC0799:128-129

Location

Location
MAIN ZONE
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: A very weak historical copper grade in a very narrow sub-interval has limited material impact, with novelty reduced by its age and lack of true width disclosure.

Negative factors

  • Result is historical (2025), reducing novelty.
  • Very weak copper grade of 0.09% within the sub-interval.
  • Very narrow intercept length of 1m.
  • True width is not stated, implying apparent width only.

Evidence · text

“1m at 97.5 g/t gold and 0.09% copper from 128m”

Tags used in scoring

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: qaqc_disclosed is not 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

25MYC0715Minyari Dome Gold-Copper Development · goldGrade: 1.4Grade Unit: g/tIntercept: 31 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
25MYC0715
Project
Minyari Dome Gold-Copper Development
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
AZY

Geometry

Grade
1.4
Grade Unit
g/t
Intercept
31 m
From
32 m
To
63 m
Intercept Depth
32 m

Classification

Program
exploration
Sample Type
drill
Group ID
25MYC0715:32-63

Location

Location
MAIN ZONE
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: A moderate historical gold intercept at Rizzo-Fiama Extension over a good width and shallow depth has limited material impact, with novelty reduced by its age and lack of true width disclosure.

Positive factors

  • Intercept length of 31m indicates good continuity.
  • Shallow intercept from 32m.

Negative factors

  • Result is historical (2025), reducing novelty.
  • Moderate gold grade of 1.4 g/t for an exploration target.
  • True width is not stated, implying apparent width only.

Evidence · text

“31m at 1.4 g/t gold and 0.04% copper from 32m in 25MYC0715”

Tags used in scoring

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: qaqc_disclosed is not 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

25MYC0715Minyari Dome Gold-Copper Development · copperGrade: 0.04Grade Unit: %Intercept: 31 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
25MYC0715
Project
Minyari Dome Gold-Copper Development
Commodity
copper
Region
australia_wa
Reported Region
australia_wa
Ticker
AZY

Geometry

Grade
0.04
Grade Unit
%
Intercept
31 m
From
32 m
To
63 m
Intercept Depth
32 m

Classification

Program
exploration
Sample Type
drill
Group ID
25MYC0715:32-63

Location

Location
MAIN ZONE
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: A very weak historical copper intercept at Rizzo-Fiama Extension over a good width and shallow depth has limited material impact, with novelty reduced by its age and lack of true width disclosure.

Positive factors

  • Intercept length of 31m indicates good continuity.
  • Shallow intercept from 32m.

Negative factors

  • Result is historical (2025), reducing novelty.
  • Very weak copper grade of 0.04% for an exploration target.
  • True width is not stated, implying apparent width only.

Evidence · text

“31m at 1.4 g/t gold and 0.04% copper from 32m in 25MYC0715”

Tags used in scoring

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: qaqc_disclosed is not 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

25MYC0715Minyari Dome Gold-Copper Development · goldGrade: 39.8Grade Unit: g/tIntercept: 1 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
25MYC0715
Project
Minyari Dome Gold-Copper Development
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
AZY

Geometry

Grade
39.8
Grade Unit
g/t
Intercept
1 m
From
46 m
To
47 m
Intercept Depth
46 m

Classification

Program
exploration
Sample Type
drill
Group ID
25MYC0715:46-47

Location

Location
MAIN ZONE
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: A bonanza historical gold sub-interval, though very narrow and historical, highlights exceptional grades within the broader zone, but its novelty is reduced by its age and lack of true width disclosure.

Positive factors

  • Bonanza gold grade of 39.8 g/t, indicating very high-grade mineralization.
  • Shallow intercept from 46m.

Negative factors

  • Result is historical (2025), reducing novelty.
  • Very narrow intercept length of 1m.
  • True width is not stated, implying apparent width only.

Evidence · text

“1m at 39.8 g/t gold, 0.04% copper and 1.1 g/t silver from 46m”

Tags used in scoring

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: qaqc_disclosed is not 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

25MYC0715Minyari Dome Gold-Copper Development · copperGrade: 0.04Grade Unit: %Intercept: 1 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
25MYC0715
Project
Minyari Dome Gold-Copper Development
Commodity
copper
Region
australia_wa
Reported Region
australia_wa
Ticker
AZY

Geometry

Grade
0.04
Grade Unit
%
Intercept
1 m
From
46 m
To
47 m
Intercept Depth
46 m

Classification

Program
exploration
Sample Type
drill
Group ID
25MYC0715:46-47

Location

Location
MAIN ZONE
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: A very weak historical copper grade in a very narrow, shallow sub-interval has limited material impact, with novelty reduced by its age and lack of true width disclosure.

Positive factors

  • Shallow intercept from 46m.

Negative factors

  • Result is historical (2025), reducing novelty.
  • Very weak copper grade of 0.04% within the sub-interval.
  • Very narrow intercept length of 1m.
  • True width is not stated, implying apparent width only.

Evidence · text

“1m at 39.8 g/t gold, 0.04% copper and 1.1 g/t silver from 46m”

Tags used in scoring

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: qaqc_disclosed is not 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

25MYC0715Minyari Dome Gold-Copper Development · silverGrade: 1.1Grade Unit: g/tIntercept: 1 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
25MYC0715
Project
Minyari Dome Gold-Copper Development
Commodity
silver
Region
australia_wa
Reported Region
australia_wa
Ticker
AZY

Geometry

Grade
1.1
Grade Unit
g/t
Intercept
1 m
From
46 m
To
47 m
Intercept Depth
46 m

Classification

Program
exploration
Sample Type
drill
Group ID
25MYC0715:46-47

Location

Location
MAIN ZONE
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: A very weak historical silver grade in a very narrow, shallow sub-interval has limited material impact, with novelty reduced by its age and lack of true width disclosure.

Positive factors

  • Shallow intercept from 46m.

Negative factors

  • Result is historical (2025), reducing novelty.
  • Very weak silver grade of 1.1 g/t within the sub-interval.
  • Very narrow intercept length of 1m.
  • True width is not stated, implying apparent width only.

Evidence · text

“1m at 39.8 g/t gold, 0.04% copper and 1.1 g/t silver from 46m”

Tags used in scoring

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: qaqc_disclosed is not 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

25MYD0554Tim's Dome · goldGrade: 1.1Grade Unit: g/tIntercept: 24 mView all details
Link to this fact

Identity

Hole ID
25MYD0554
Project
Tim's Dome
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
AZY

Geometry

Grade
1.1
Grade Unit
g/t
Intercept
24 m
From
804 m
To
828 m

Classification

Sample Type
drill

Location

Location
Main Zone
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: New drill results at Tim's Dome show moderate gold grades over a good width, extending mineralization and indicating exploration success, though true width is not provided.

Positive factors

  • New 2026 drill result extends gold mineralization at Tim's Dome.
  • Intercept length of 22m indicates good continuity.

Negative factors

  • Grade of 0.9 g/t gold is moderate for an exploration target.
  • True width is not stated, implying apparent width only.

Evidence · text

“24m at 1.1 g/t gold and 0.05% copper from 804m”

Tags used in scoring

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: qaqc_disclosed is not 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

Resource Estimates (2)

indicatedMinyari Dome Gold-Copper Development Project · goldTonnes: 42000000View all details
Link to this fact

Identity

Project
Minyari Dome Gold-Copper Development Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
AZY

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Roger Mason, Jane Levett, Victoria Lawns
Resource group id
resource:9af0c3269073f5009268

Resource Data

Category
indicated
Tonnes
42000000
Cutoff Grade
0.3
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-04-02

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: A large Indicated resource provides high confidence for future development, supported by JORC compliance and QP sign-off, despite the individual grade not being specified.

Positive factors

  • Significant Indicated tonnage (42.0 Mt) provides a strong foundation for economic studies.
  • Resource is JORC compliant and signed off by Competent Persons.
  • Cut-off grade is disclosed, allowing for transparency and comparability.

Negative factors

  • Individual grade for the Indicated category is not explicitly stated in the document.

Evidence · table

“42.0”

Context: Minyari

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

inferredMinyari Dome Gold-Copper Development Project · goldTonnes: 27000000View all details
Link to this fact

Identity

Project
Minyari Dome Gold-Copper Development Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
AZY

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Roger Mason, Jane Levett, Victoria Lawns
Resource group id
resource:808e6084415b2eaecc65

Resource Data

Category
inferred
Tonnes
27000000
Cutoff Grade
0.3
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-04-02

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: A substantial Inferred resource provides upside potential, but its lower confidence category means it requires further drilling for conversion and cannot be used for definitive economic studies.

Positive factors

  • Significant Inferred tonnage (27.0 Mt) indicates strong potential for future resource growth and conversion.
  • Resource is JORC compliant and signed off by Competent Persons.
  • Cut-off grade is disclosed, allowing for transparency and comparability.

Negative factors

  • Individual grade for the Inferred category is not explicitly stated in the document.
  • Inferred resources have lower geological confidence and cannot support economic studies alone.

Evidence · table

“27.0”

Context: Minyari

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

Metallurgical Results (4)

Fact 1Minyari Dome Gold-Copper Development Project · goldRecovery: 88 %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Minyari Dome Gold-Copper Development Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
AZY

Test Work

Program Status
scoping
Processing Route
CIL and flotation

Recovery

Recovery
88 %
Recovery Basis
actual_test

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: High gold recovery from historical testwork supports the project's processing route, but the age and lack of detail on test scale reduce novelty and confidence.

Positive factors

  • High gold recovery of 88% is strong for a CIL process.

Negative factors

  • Metallurgical testwork is historical (2017 and 2018), reducing novelty.
  • No specific test type or scale (e.g., pilot, bench) is disclosed, suggesting preliminary nature.

Evidence · text

“Metallurgical recoveries for by-product metals, based upon Antipa test-work in 2017 and 2018, are assumed as follows: Gold = 88.0%”

Tags used in scoring

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: processing_route matches the mill_cil signal

Byproduct Commodityneutral

The tested commodity is a byproduct rather than the primary economic driver.

Why it applies: the release describes a byproduct credit

Fact 2Minyari Dome Gold-Copper Development Project · copperRecovery: 85 %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Minyari Dome Gold-Copper Development Project
Commodity
copper
Region
australia_wa
Reported Region
Western Australia
Ticker
AZY

Test Work

Program Status
scoping
Processing Route
CIL and flotation

Recovery

Recovery
85 %
Recovery Basis
actual_test

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: High copper recovery from historical testwork supports the project's processing route, but the age and lack of detail on test scale reduce novelty and confidence.

Positive factors

  • High copper recovery of 85% is strong for a flotation process.

Negative factors

  • Metallurgical testwork is historical (2017 and 2018), reducing novelty.
  • No specific test type or scale (e.g., pilot, bench) is disclosed, suggesting preliminary nature.

Evidence · text

“Metallurgical recoveries for by-product metals, based upon Antipa test-work in 2017 and 2018, are assumed as follows: Copper = 85.0%”

Tags used in scoring

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: processing_route matches the mill_cil signal

Byproduct Commodityneutral

The tested commodity is a byproduct rather than the primary economic driver.

Why it applies: the release describes a byproduct credit

Fact 3Minyari Dome Gold-Copper Development Project · silverRecovery: 85 %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Minyari Dome Gold-Copper Development Project
Commodity
silver
Region
australia_wa
Reported Region
Western Australia
Ticker
AZY

Test Work

Program Status
scoping
Processing Route
CIL and flotation

Recovery

Recovery
85 %
Recovery Basis
actual_test

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: High silver recovery from historical testwork supports the project's processing route, but the age and lack of detail on test scale reduce novelty and confidence.

Positive factors

  • High silver recovery of 85% is strong for a polymetallic process.

Negative factors

  • Metallurgical testwork is historical (2017 and 2018), reducing novelty.
  • No specific test type or scale (e.g., pilot, bench) is disclosed, suggesting preliminary nature.

Evidence · text

“Metallurgical recoveries for by-product metals, based upon Antipa test-work in 2017 and 2018, are assumed as follows: Silver = 85%”

Tags used in scoring

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: processing_route matches the mill_cil signal

Byproduct Commodityneutral

The tested commodity is a byproduct rather than the primary economic driver.

Why it applies: the release describes a byproduct credit

Fact 4Minyari Dome Gold-Copper Development Project · cobaltRecovery: 68 %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Minyari Dome Gold-Copper Development Project
Commodity
cobalt
Region
australia_wa
Reported Region
Western Australia
Ticker
AZY

Test Work

Program Status
scoping
Processing Route
CIL and flotation

Recovery

Recovery
68 %
Recovery Basis
actual_test

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: Moderate cobalt recovery from historical testwork adds byproduct value, but the age and lack of detail on test scale reduce novelty and confidence.

Positive factors

  • Cobalt recovery of 68% is moderate and contributes to byproduct value.

Negative factors

  • Metallurgical testwork is historical (2017 and 2018), reducing novelty.
  • No specific test type or scale (e.g., pilot, bench) is disclosed, suggesting preliminary nature.

Evidence · text

“Metallurgical recoveries for by-product metals, based upon Antipa test-work in 2017 and 2018, are assumed as follows: Cobalt = 68%”

Tags used in scoring

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: processing_route matches the mill_cil signal

Byproduct Commodityneutral

The tested commodity is a byproduct rather than the primary economic driver.

Why it applies: the release describes a byproduct credit

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.