BC8: Annual Mineral Resource and Ore Reserve Statement

Original announcement by asx on

Company
Black Cat Syndicate Limited
Ticker
BC8
Exchange
ASX
Region
Western Australia
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Resource update
Extracted
2026-09-29 23:27:16 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Black Cat Syndicate has released its annual Mineral Resource and Ore Reserve update as of June 30, 2026, reflecting its transition to a producer with mining depletion incorporated from Paulsens and Kal East operations. Group Mineral Resources decreased by 7% to 2.31 Moz Au, and Group Ore Reserves decreased by 18% to 272 koz Au, primarily due to depletion and updated geological models which resulted in lower grades but increased confidence. The update includes an initial Imperial Open Pit Ore Reserve of 32 koz Au and highlights significant growth potential from recent discoveries not yet included in the estimates, with increased drilling planned for FY27.

Reasoning: Black Cat Syndicate's annual resource and reserve update reflects mining depletion from operations and updated geological models, leading to a net reduction in overall gold resources and reserves, but also includes a new Imperial Open Pit Ore Reserve and highlights significant future growth potential from recent discoveries.

Positive factors

  • Transition to producer status
  • Addition of initial Imperial Open Pit Ore Reserve
  • Updated geological interpretations provide higher confidence for future mine plans
  • Significant growth potential from recent discoveries (Lynx, Regulus) not yet included
  • Increased drilling planned to test extensions, grow and upgrade Resources
  • Lakewood Processing Facility acquired and operational, processing Kal East ore

Negative factors

  • Group Mineral Resources reduced by 7% (primarily due to mining depletion and resource updates)
  • Group Ore Reserves reduced by 18% (due to resource changes, mining depletion, partially offset by Imperial)
  • Overall gold grades at Paulsens and Kal East reduced compared to previous mineral resource estimates

Facts used in scoring: 72

Classification and evidence

Resource Updateneutral

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

Why it applies: The document provides an annual update of Mineral Resources and Ore Reserves as at 30 June 2026.

Evidence · text

“Annual Mineral Resource and Ore Reserve Statement”

JORC Compliantpositive

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

Why it applies: All Mineral Resources and Ore Reserves conform to the 'Australasian Code for Reporting of Exploration Results Mineral Resources and Ore Reserves (JORC Code) 2012 Edition'.

Evidence · text

“The preceding statements of Mineral Resources conform to the ‘Australasian Code for Reporting of Exploration Results Mineral Resources and Ore Reserves (JORC Code) 2012 Edition’.”

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: Multiple Competent Persons (Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton) are named and have signed off on the estimates.

Evidence · text

“Competent Person’s Statements”

Contained Metal Declinenegative

Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.

Why it applies: Group Mineral Resources reduced by 7% from 2,480koz to 2,312koz and Group Ore Reserves reduced by 18% from 330koz to 272koz in contained gold.

Evidence · text

“Global Resources reduced by 7% from 2,480koz to 2,312koz, with 75% of this reduction coming from mining depletion and 25% from Resource updates.”

Grade Declinenegative

Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: Overall gold grades at Paulsens and Kal East have reduced compared to previous mineral resource estimates due to updated geological models.

Evidence · text

“Overall gold grades at Paulsens and Kal East have reduced compared to previous mineral resource estimates which is primarily a result of updated geological models.”

Maiden Resourceneutral

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

Why it applies: An initial Imperial Open Pit Ore Reserve of 32koz @ 1.4g/t Au has been added to the Kal East inventory, representing a new reserve for this specific pit.

Evidence · text

“Initial Imperial Open Pit Ore Reserve of 32koz @ 1.4g/t Au added to the Kal East inventory.”

Inferred Resourcenegative

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

Why it applies: A significant portion of the group mineral resources, 1,153 koz Au, remains in the Inferred category, indicating lower confidence.

Evidence · table

“1,153”

Context: 16,522

Extracted facts

Stored fact records: 72. Some facts used in scoring do not have a stored record.

Resource Estimates (72)

Fact 1Group · goldTonnes: 30326000Grade: 2.4Grade Unit: g/tContained Metal: 2312Contained Unit: kozView all details
Link to this fact

Identity

Project
Group
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:e170e30f656ef582a4c3

Resource Data

Tonnes
30326000
Grade
2.4
Grade Unit
g/t
Contained Metal
2312
Contained Unit
koz

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: The group's total mineral resources have decreased due to mining depletion and updated models, but the company highlights future growth potential.

Positive factors

  • Updated geological interpretations provide higher confidence for future mine plans
  • Significant growth potential is not yet reflected in the current inventory

Negative factors

  • Group Mineral Resources reduced by 7% from 2,480koz to 2,312koz
  • Overall gold grades at Paulsens and Kal East have reduced compared to previous mineral resource estimates

Evidence · table

“2,312”

Context: 30,326

Tags used in scoring

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

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

measuredGroup · goldTonnes: 13000Grade: 2.4Grade Unit: g/tContained Metal: 1Contained Unit: kozView all details
Link to this fact

Identity

Project
Group
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:88a20679d452d5af12d0

Resource Data

Category
measured
Tonnes
13000
Grade
2.4
Grade Unit
g/t
Contained Metal
1
Contained Unit
koz

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: A small measured resource is reported as part of the group total.

Evidence · table

“1”

Context: 13

Tags used in scoring

Measured Resourcepositive

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

Why it applies: category is "measured"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

indicatedGroup · goldTonnes: 13791000Grade: 2.6Grade Unit: g/tContained Metal: 1158Contained Unit: kozView all details
Link to this fact

Identity

Project
Group
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:836134ea42833c9ac39b

Resource Data

Category
indicated
Tonnes
13791000
Grade
2.6
Grade Unit
g/t
Contained Metal
1158
Contained Unit
koz

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: A substantial indicated resource is reported, contributing significantly to the group total, though grades have seen some reduction.

Positive factors

  • Updated geological interpretations provide higher confidence for future mine plans

Negative factors

  • Overall gold grades at Paulsens and Kal East have reduced compared to previous mineral resource estimates

Evidence · table

“1,158”

Context: 13,791

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

inferredGroup · goldTonnes: 16522000Grade: 2.2Grade Unit: g/tContained Metal: 1153Contained Unit: kozView all details
Link to this fact

Identity

Project
Group
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:916bd22cddc7b8fdcfab

Resource Data

Category
inferred
Tonnes
16522000
Grade
2.2
Grade Unit
g/t
Contained Metal
1153
Contained Unit
koz

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: A large inferred resource is reported, representing future potential but with lower geological confidence.

Positive factors

  • Significant growth potential is not yet reflected in the current inventory

Negative factors

  • Overall gold grades at Paulsens and Kal East have reduced compared to previous mineral resource estimates

Evidence · table

“1,153”

Context: 16,522

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Fact 5Group · goldTonnes: 5262000Grade: 1.6Grade Unit: g/tContained Metal: 272Contained Unit: kozView all details
Link to this fact

Identity

Project
Group
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:67a40429c242ed167633

Resource Data

Tonnes
5262000
Grade
1.6
Grade Unit
g/t
Contained Metal
272
Contained Unit
koz

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: The group's total ore reserves have decreased due to depletion and adjustments, but a new reserve has been added.

Positive factors

  • Initial Imperial Open Pit Ore Reserve added to the Kal East inventory

Negative factors

  • Group Ore Reserves reduced by 18% from 330koz to 272koz

Evidence · table

“272”

Context: 5,262

Tags used in scoring

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

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

probableGroup · goldTonnes: 5262000Grade: 1.6Grade Unit: g/tContained Metal: 272Contained Unit: kozView all details
Link to this fact

Identity

Project
Group
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:71ed3c372c510d210768

Resource Data

Category
probable
Tonnes
5262000
Grade
1.6
Grade Unit
g/t
Contained Metal
272
Contained Unit
koz

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: The group's probable ore reserves have decreased due to depletion and adjustments, but a new reserve has been added.

Positive factors

  • Initial Imperial Open Pit Ore Reserve added to the Kal East inventory

Negative factors

  • Group Ore Reserves reduced by 18% from 330koz to 272koz

Evidence · table

“272”

Context: 5,262

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

indicatedMyhree Centre · goldTonnes: 933000Grade: 0.9Grade Unit: g/tContained Metal: 28Contained Unit: kozView all details
Link to this fact

Identity

Project
Myhree Centre
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:cd77044ca5236281a077
Deposit or zone
Myhree Centre

Resource Data

Category
indicated
Tonnes
933000
Grade
0.9
Grade Unit
g/t
Contained Metal
28
Contained Unit
koz
Cutoff Grade
0.7
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Indicated open pit resources at Myhree Centre are reported with a reduced grade compared to previous estimates.

Negative factors

  • Overall gold grades at Kal East have reduced compared to previous mineral resource estimates

Evidence · table

“28”

Context: 933

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

inferredMyhree Centre · goldTonnes: 1085000Grade: 1.8Grade Unit: g/tContained Metal: 64Contained Unit: kozView all details
Link to this fact

Identity

Project
Myhree Centre
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:2b44f03e0483b475fce0
Deposit or zone
Myhree Centre

Resource Data

Category
inferred
Tonnes
1085000
Grade
1.8
Grade Unit
g/t
Contained Metal
64
Contained Unit
koz
Cutoff Grade
0.7
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Inferred open pit resources at Myhree Centre are reported with a reduced grade compared to previous estimates.

Negative factors

  • Overall gold grades at Kal East have reduced compared to previous mineral resource estimates

Evidence · table

“64”

Context: 1,085

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

indicatedMyhree Centre · goldTonnes: 231000Grade: 4.6Grade Unit: g/tContained Metal: 34Contained Unit: kozView all details
Link to this fact

Identity

Project
Myhree Centre
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:a28f57bdf51f867d3d36
Deposit or zone
Myhree Centre

Resource Data

Category
indicated
Tonnes
231000
Grade
4.6
Grade Unit
g/t
Contained Metal
34
Contained Unit
koz
Cutoff Grade
3.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Indicated underground resources at Myhree Centre are reported with a good grade, though overall Kal East grades have reduced.

Negative factors

  • Overall gold grades at Kal East have reduced compared to previous mineral resource estimates

Evidence · table

“34”

Context: 231

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

inferredMyhree Centre · goldTonnes: 920000Grade: 3.4Grade Unit: g/tContained Metal: 102Contained Unit: kozView all details
Link to this fact

Identity

Project
Myhree Centre
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:7e2b29e414f0794243b1
Deposit or zone
Myhree Centre

Resource Data

Category
inferred
Tonnes
920000
Grade
3.4
Grade Unit
g/t
Contained Metal
102
Contained Unit
koz
Cutoff Grade
3.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Inferred underground resources at Myhree Centre are reported, contributing to the overall resource base.

Negative factors

  • Overall gold grades at Kal East have reduced compared to previous mineral resource estimates

Evidence · table

“102”

Context: 920

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

indicatedMajestic Centre · goldTonnes: 1840000Grade: 1.5Grade Unit: g/tContained Metal: 88Contained Unit: kozView all details
Link to this fact

Identity

Project
Majestic Centre
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:e94af24c8190d6194f72
Deposit or zone
Majestic Centre

Resource Data

Category
indicated
Tonnes
1840000
Grade
1.5
Grade Unit
g/t
Contained Metal
88
Contained Unit
koz
Cutoff Grade
0.7
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Indicated open pit resources at Majestic Centre are reported with a reduced grade compared to previous estimates.

Negative factors

  • Overall gold grades at Kal East have reduced compared to previous mineral resource estimates

Evidence · table

“88”

Context: 1,840

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

inferredMajestic Centre · goldTonnes: 3708000Grade: 1.3Grade Unit: g/tContained Metal: 159Contained Unit: kozView all details
Link to this fact

Identity

Project
Majestic Centre
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:e6dfa3d52d949f5e3d3e
Deposit or zone
Majestic Centre

Resource Data

Category
inferred
Tonnes
3708000
Grade
1.3
Grade Unit
g/t
Contained Metal
159
Contained Unit
koz
Cutoff Grade
0.7
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Inferred open pit resources at Majestic Centre are reported, contributing to the overall resource base.

Negative factors

  • Overall gold grades at Kal East have reduced compared to previous mineral resource estimates

Evidence · table

“159”

Context: 3,708

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

indicatedMajestic Centre · goldTonnes: 1811000Grade: 2.6Grade Unit: g/tContained Metal: 150Contained Unit: kozView all details
Link to this fact

Identity

Project
Majestic Centre
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:360b529b94e19ca0df68
Deposit or zone
Majestic Centre

Resource Data

Category
indicated
Tonnes
1811000
Grade
2.6
Grade Unit
g/t
Contained Metal
150
Contained Unit
koz
Cutoff Grade
3.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Indicated underground resources at Majestic Centre are reported, though overall Kal East grades have reduced.

Negative factors

  • Overall gold grades at Kal East have reduced compared to previous mineral resource estimates

Evidence · table

“150”

Context: 1,811

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

inferredMajestic Centre · goldTonnes: 550000Grade: 2.8Grade Unit: g/tContained Metal: 50Contained Unit: kozView all details
Link to this fact

Identity

Project
Majestic Centre
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:a24770f844cebada0108
Deposit or zone
Majestic Centre

Resource Data

Category
inferred
Tonnes
550000
Grade
2.8
Grade Unit
g/t
Contained Metal
50
Contained Unit
koz
Cutoff Grade
3.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Inferred underground resources at Majestic Centre are reported, contributing to the overall resource base.

Negative factors

  • Overall gold grades at Kal East have reduced compared to previous mineral resource estimates

Evidence · table

“50”

Context: 550

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

indicatedFingals Centre · goldTonnes: 3094000Grade: 1.5Grade Unit: g/tContained Metal: 146Contained Unit: kozView all details
Link to this fact

Identity

Project
Fingals Centre
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:5dc1c94a93b47fc21c42
Deposit or zone
Fingals Centre

Resource Data

Category
indicated
Tonnes
3094000
Grade
1.5
Grade Unit
g/t
Contained Metal
146
Contained Unit
koz
Cutoff Grade
0.35
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Indicated open pit resources at Fingals Centre are reported with a reduced grade compared to previous estimates.

Negative factors

  • Overall gold grades at Kal East have reduced compared to previous mineral resource estimates

Evidence · table

“146”

Context: 3,094

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

inferredFingals Centre · goldTonnes: 826000Grade: 1.2Grade Unit: g/tContained Metal: 31Contained Unit: kozView all details
Link to this fact

Identity

Project
Fingals Centre
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:67813185606dc6ec1efb
Deposit or zone
Fingals Centre

Resource Data

Category
inferred
Tonnes
826000
Grade
1.2
Grade Unit
g/t
Contained Metal
31
Contained Unit
koz
Cutoff Grade
0.35
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Inferred open pit resources at Fingals Centre are reported, contributing to the overall resource base.

Negative factors

  • Overall gold grades at Kal East have reduced compared to previous mineral resource estimates

Evidence · table

“31”

Context: 826

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

indicatedFingals Centre · goldTonnes: 284000Grade: 2Grade Unit: g/tContained Metal: 18Contained Unit: kozView all details
Link to this fact

Identity

Project
Fingals Centre
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:982e63a49170b4cf01b9
Deposit or zone
Fingals Centre

Resource Data

Category
indicated
Tonnes
284000
Grade
2
Grade Unit
g/t
Contained Metal
18
Contained Unit
koz
Cutoff Grade
3.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Indicated underground resources at Fingals Centre are reported, though overall Kal East grades have reduced.

Negative factors

  • Overall gold grades at Kal East have reduced compared to previous mineral resource estimates

Evidence · table

“18”

Context: 284

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

inferredFingals Centre · goldTonnes: 790000Grade: 2.2Grade Unit: g/tContained Metal: 57Contained Unit: kozView all details
Link to this fact

Identity

Project
Fingals Centre
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:3003aa889834c91407e8
Deposit or zone
Fingals Centre

Resource Data

Category
inferred
Tonnes
790000
Grade
2.2
Grade Unit
g/t
Contained Metal
57
Contained Unit
koz
Cutoff Grade
3.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Inferred underground resources at Fingals Centre are reported, contributing to the overall resource base.

Negative factors

  • Overall gold grades at Kal East have reduced compared to previous mineral resource estimates

Evidence · table

“57”

Context: 790

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

indicatedTrojan · goldTonnes: 1843000Grade: 1.1Grade Unit: g/tContained Metal: 68Contained Unit: kozView all details
Link to this fact

Identity

Project
Trojan
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:ab7dbac1397231e652ff
Deposit or zone
Trojan

Resource Data

Category
indicated
Tonnes
1843000
Grade
1.1
Grade Unit
g/t
Contained Metal
68
Contained Unit
koz
Cutoff Grade
0.7
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Indicated open pit resources at Trojan are reported with a reduced grade compared to previous estimates.

Negative factors

  • Overall gold grades at Kal East have reduced compared to previous mineral resource estimates

Evidence · table

“68”

Context: 1,843

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

inferredTrojan · goldTonnes: 3901000Grade: 1.1Grade Unit: g/tContained Metal: 134Contained Unit: kozView all details
Link to this fact

Identity

Project
Trojan
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:0b77517fcba985656361
Deposit or zone
Trojan

Resource Data

Category
inferred
Tonnes
3901000
Grade
1.1
Grade Unit
g/t
Contained Metal
134
Contained Unit
koz
Cutoff Grade
0.7
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Inferred open pit resources at Trojan are reported, contributing to the overall resource base.

Negative factors

  • Overall gold grades at Kal East have reduced compared to previous mineral resource estimates

Evidence · table

“134”

Context: 3,901

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

measuredOther Kal East · goldTonnes: 13000Grade: 3.2Grade Unit: g/tContained Metal: 1Contained Unit: kozView all details
Link to this fact

Identity

Project
Other Kal East
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:b2c6b80bba0a99f18117
Deposit or zone
Other

Resource Data

Category
measured
Tonnes
13000
Grade
3.2
Grade Unit
g/t
Contained Metal
1
Contained Unit
koz
Cutoff Grade
0.7
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: A small measured resource is reported for other Kal East open pit areas.

Evidence · table

“1”

Context: 13

Tags used in scoring

Measured Resourcepositive

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

Why it applies: category is "measured"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

indicatedOther Kal East · goldTonnes: 164000Grade: 2.7Grade Unit: g/tContained Metal: 14Contained Unit: kozView all details
Link to this fact

Identity

Project
Other Kal East
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:6191f0c470b92b672307
Deposit or zone
Other

Resource Data

Category
indicated
Tonnes
164000
Grade
2.7
Grade Unit
g/t
Contained Metal
14
Contained Unit
koz
Cutoff Grade
0.7
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Indicated open pit resources are reported for other Kal East areas.

Evidence · table

“14”

Context: 164

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

inferredOther Kal East · goldTonnes: 913000Grade: 2.4Grade Unit: g/tContained Metal: 70Contained Unit: kozView all details
Link to this fact

Identity

Project
Other Kal East
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:82764b513c127aa4b9a8
Deposit or zone
Other

Resource Data

Category
inferred
Tonnes
913000
Grade
2.4
Grade Unit
g/t
Contained Metal
70
Contained Unit
koz
Cutoff Grade
0.7
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Inferred open pit resources are reported for other Kal East areas.

Evidence · table

“70”

Context: 913

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

inferredOther Kal East · goldTonnes: 13000Grade: 11.7Grade Unit: g/tContained Metal: 5Contained Unit: kozView all details
Link to this fact

Identity

Project
Other Kal East
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:80ac1f50b6670fe59239
Deposit or zone
Other

Resource Data

Category
inferred
Tonnes
13000
Grade
11.7
Grade Unit
g/t
Contained Metal
5
Contained Unit
koz
Cutoff Grade
3.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: A small, high-grade inferred underground resource is reported for other Kal East areas.

Evidence · table

“5”

Context: 13

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

indicatedCoyote Central · goldTonnes: 608000Grade: 2.8Grade Unit: g/tContained Metal: 55Contained Unit: kozView all details
Link to this fact

Identity

Project
Coyote Central
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:17005c77028632f48159
Deposit or zone
Coyote Central

Resource Data

Category
indicated
Tonnes
608000
Grade
2.8
Grade Unit
g/t
Contained Metal
55
Contained Unit
koz
Cutoff Grade
0.7
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Indicated open pit resources are reported for Coyote Central.

Evidence · table

“55”

Context: 608

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

inferredCoyote Central · goldTonnes: 203000Grade: 3Grade Unit: g/tContained Metal: 19Contained Unit: kozView all details
Link to this fact

Identity

Project
Coyote Central
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:ec90e29412bdff4af517
Deposit or zone
Coyote Central

Resource Data

Category
inferred
Tonnes
203000
Grade
3
Grade Unit
g/t
Contained Metal
19
Contained Unit
koz
Cutoff Grade
0.7
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Inferred open pit resources are reported for Coyote Central.

Evidence · table

“19”

Context: 203

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

indicatedCoyote Central · goldTonnes: 240000Grade: 23.4Grade Unit: g/tContained Metal: 181Contained Unit: kozView all details
Link to this fact

Identity

Project
Coyote Central
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:58df5a8f6ba36e30af06
Deposit or zone
Coyote Central

Resource Data

Category
indicated
Tonnes
240000
Grade
23.4
Grade Unit
g/t
Contained Metal
181
Contained Unit
koz
Cutoff Grade
3.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: A high-grade indicated underground resource is reported for Coyote Central, contributing significantly to the overall resource.

Positive factors

  • High grade gold resource (23.4 g/t Au)

Evidence · table

“181”

Context: 240

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

inferredCoyote Central · goldTonnes: 516000Grade: 10.5Grade Unit: g/tContained Metal: 175Contained Unit: kozView all details
Link to this fact

Identity

Project
Coyote Central
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:7824de693fdba5a6a305
Deposit or zone
Coyote Central

Resource Data

Category
inferred
Tonnes
516000
Grade
10.5
Grade Unit
g/t
Contained Metal
175
Contained Unit
koz
Cutoff Grade
3.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: A high-grade inferred underground resource is reported for Coyote Central, indicating significant potential.

Positive factors

  • High grade gold resource (10.5 g/t Au)

Evidence · table

“175”

Context: 516

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

indicatedBald Hill · goldTonnes: 560000Grade: 2.8Grade Unit: g/tContained Metal: 51Contained Unit: kozView all details
Link to this fact

Identity

Project
Bald Hill
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:6f91223481c2c8745eec
Deposit or zone
Bald Hill

Resource Data

Category
indicated
Tonnes
560000
Grade
2.8
Grade Unit
g/t
Contained Metal
51
Contained Unit
koz
Cutoff Grade
0.7
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Indicated open pit resources are reported for Bald Hill.

Evidence · table

“51”

Context: 560

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

inferredBald Hill · goldTonnes: 613000Grade: 3.2Grade Unit: g/tContained Metal: 63Contained Unit: kozView all details
Link to this fact

Identity

Project
Bald Hill
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:e25b9aa771ed8cb90ca7
Deposit or zone
Bald Hill

Resource Data

Category
inferred
Tonnes
613000
Grade
3.2
Grade Unit
g/t
Contained Metal
63
Contained Unit
koz
Cutoff Grade
0.7
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Inferred open pit resources are reported for Bald Hill.

Evidence · table

“63”

Context: 613

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

indicatedBald Hill · goldTonnes: 34000Grade: 2.7Grade Unit: g/tContained Metal: 3Contained Unit: kozView all details
Link to this fact

Identity

Project
Bald Hill
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:576af624c1861b8c4e37
Deposit or zone
Bald Hill

Resource Data

Category
indicated
Tonnes
34000
Grade
2.7
Grade Unit
g/t
Contained Metal
3
Contained Unit
koz
Cutoff Grade
3.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Indicated underground resources are reported for Bald Hill.

Evidence · table

“3”

Context: 34

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

inferredBald Hill · goldTonnes: 513000Grade: 5Grade Unit: g/tContained Metal: 82Contained Unit: kozView all details
Link to this fact

Identity

Project
Bald Hill
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:75794cedab2ba82b2e20
Deposit or zone
Bald Hill

Resource Data

Category
inferred
Tonnes
513000
Grade
5
Grade Unit
g/t
Contained Metal
82
Contained Unit
koz
Cutoff Grade
3.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Inferred underground resources are reported for Bald Hill with a good grade.

Positive factors

  • Good grade gold resource (5.0 g/t Au)

Evidence · table

“82”

Context: 513

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

indicatedCoyote Stockpiles · goldTonnes: 375000Grade: 1.4Grade Unit: g/tContained Metal: 17Contained Unit: kozView all details
Link to this fact

Identity

Project
Coyote Stockpiles
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:4659c2bcfc7db41da90b
Deposit or zone
Stockpiles

Resource Data

Category
indicated
Tonnes
375000
Grade
1.4
Grade Unit
g/t
Contained Metal
17
Contained Unit
koz

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Indicated resources are reported for Coyote Stockpiles.

Evidence · table

“17”

Context: 375

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

indicatedPaulsens Underground · goldTonnes: 1581000Grade: 5.6Grade Unit: g/tContained Metal: 283Contained Unit: kozView all details
Link to this fact

Identity

Project
Paulsens Underground
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:1283463d11e9d511af6f
Deposit or zone
Paulsens Underground

Resource Data

Category
indicated
Tonnes
1581000
Grade
5.6
Grade Unit
g/t
Contained Metal
283
Contained Unit
koz

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: High-grade indicated underground resources at Paulsens are reported, offering significant opportunity for life extension despite overall grade reduction.

Positive factors

  • High grade gold resource (5.6 g/t Au)
  • Maintains significant opportunity for life extension with high grade feed

Negative factors

  • Overall gold grades at Paulsens have reduced compared to previous mineral resource estimates

Evidence · table

“283”

Context: 1,581

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

inferredPaulsens Underground · goldTonnes: 427000Grade: 4.8Grade Unit: g/tContained Metal: 66Contained Unit: kozView all details
Link to this fact

Identity

Project
Paulsens Underground
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:b9e5750b5abdaa5d686b
Deposit or zone
Paulsens Underground

Resource Data

Category
inferred
Tonnes
427000
Grade
4.8
Grade Unit
g/t
Contained Metal
66
Contained Unit
koz

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Good grade inferred underground resources at Paulsens are reported, contributing to the overall resource base.

Positive factors

  • Good grade gold resource (4.8 g/t Au)

Negative factors

  • Overall gold grades at Paulsens have reduced compared to previous mineral resource estimates

Evidence · table

“66”

Context: 427

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

inferredMt Clement · goldTonnes: 532000Grade: 1.4Grade Unit: g/tContained Metal: 24Contained Unit: kozView all details
Link to this fact

Identity

Project
Mt Clement
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:4226f08aaad3405cf9e0
Deposit or zone
Mt Clement

Resource Data

Category
inferred
Tonnes
532000
Grade
1.4
Grade Unit
g/t
Contained Metal
24
Contained Unit
koz
Cutoff Grade
0.7
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Inferred open pit resources are reported for Mt Clement.

Evidence · table

“24”

Context: 532

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

indicatedBelvedere · goldTonnes: 95000Grade: 5.9Grade Unit: g/tContained Metal: 18Contained Unit: kozView all details
Link to this fact

Identity

Project
Belvedere
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:40196a8838e5559b9368
Deposit or zone
Belvedere

Resource Data

Category
indicated
Tonnes
95000
Grade
5.9
Grade Unit
g/t
Contained Metal
18
Contained Unit
koz

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: High-grade indicated underground resources are reported for Belvedere.

Positive factors

  • High grade gold resource (5.9 g/t Au)

Evidence · table

“18”

Context: 95

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

inferredBelvedere · goldTonnes: 44000Grade: 8.3Grade Unit: g/tContained Metal: 12Contained Unit: kozView all details
Link to this fact

Identity

Project
Belvedere
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:a8373bd7dbf03fd53701
Deposit or zone
Belvedere

Resource Data

Category
inferred
Tonnes
44000
Grade
8.3
Grade Unit
g/t
Contained Metal
12
Contained Unit
koz

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: High-grade inferred underground resources are reported for Belvedere.

Positive factors

  • High grade gold resource (8.3 g/t Au)

Evidence · table

“12”

Context: 44

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

inferredNorthern Anticline · goldTonnes: 523000Grade: 1.4Grade Unit: g/tContained Metal: 24Contained Unit: kozView all details
Link to this fact

Identity

Project
Northern Anticline
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:b2b9a5a390dac5ab1bd5
Deposit or zone
Northern Anticline

Resource Data

Category
inferred
Tonnes
523000
Grade
1.4
Grade Unit
g/t
Contained Metal
24
Contained Unit
koz
Cutoff Grade
0.7
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Inferred open pit resources are reported for Northern Anticline.

Evidence · table

“24”

Context: 523

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

indicatedElectric Dingo · goldTonnes: 98000Grade: 1.6Grade Unit: g/tContained Metal: 5Contained Unit: kozView all details
Link to this fact

Identity

Project
Electric Dingo
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:0ecd6fb628c322eeef20
Deposit or zone
Electric Dingo

Resource Data

Category
indicated
Tonnes
98000
Grade
1.6
Grade Unit
g/t
Contained Metal
5
Contained Unit
koz
Cutoff Grade
0.7
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Indicated open pit resources are reported for Electric Dingo.

Evidence · table

“5”

Context: 98

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

inferredElectric Dingo · goldTonnes: 444000Grade: 1.2Grade Unit: g/tContained Metal: 17Contained Unit: kozView all details
Link to this fact

Identity

Project
Electric Dingo
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:c0f787b066be7348d156
Deposit or zone
Electric Dingo

Resource Data

Category
inferred
Tonnes
444000
Grade
1.2
Grade Unit
g/t
Contained Metal
17
Contained Unit
koz
Cutoff Grade
0.7
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Inferred open pit resources are reported for Electric Dingo.

Evidence · table

“17”

Context: 444

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

probableKal East · goldTonnes: 4052000Grade: 1.3Grade Unit: g/tContained Metal: 165Contained Unit: kozView all details
Link to this fact

Identity

Project
Kal East
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:2b66f19d0f328ef8a0a8

Resource Data

Category
probable
Tonnes
4052000
Grade
1.3
Grade Unit
g/t
Contained Metal
165
Contained Unit
koz
Cutoff Grade
0.4
Cutoff Unit
g/t

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Probable open pit reserves for Kal East are reported, including the new Imperial Open Pit reserve, contributing to the overall reserve base.

Positive factors

  • Initial Imperial Open Pit Ore Reserve added to the Kal East inventory

Negative factors

  • Kal East Reserve Adjustment: 40koz added primarily at Imperial and Majestic, but overall reduction

Evidence · table

“165”

Context: 4,052

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

probableKal East · goldTonnes: 594000Grade: 2.6Grade Unit: g/tContained Metal: 50Contained Unit: kozView all details
Link to this fact

Identity

Project
Kal East
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:c18d5b47ecc1d80a17f6

Resource Data

Category
probable
Tonnes
594000
Grade
2.6
Grade Unit
g/t
Contained Metal
50
Contained Unit
koz

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Probable underground reserves for Kal East are reported, contributing to the overall reserve base.

Evidence · table

“50”

Context: 594

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

probablePaulsens · goldTonnes: 616000Grade: 2.9Grade Unit: g/tContained Metal: 57Contained Unit: kozView all details
Link to this fact

Identity

Project
Paulsens
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:f67c339dbed07cb85cf2

Resource Data

Category
probable
Tonnes
616000
Grade
2.9
Grade Unit
g/t
Contained Metal
57
Contained Unit
koz

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Probable underground reserves for Paulsens are reported, showing a reduction from previous estimates.

Negative factors

  • Paulsens Reserve Adjustment: -24koz reduction relating to an overall -57koz Resource adjustment

Evidence · table

“57”

Context: 616

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

indicatedMyhree Centre · goldTonnes: 1230000Grade: 3Grade Unit: g/tContained Metal: 120Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Myhree Centre
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:faa69037ae9ca8ac3f95
Deposit or zone
Myhree Centre

Resource Data

Category
indicated
Tonnes
1230000
Grade
3
Grade Unit
g/t
Contained Metal
120
Contained Unit
koz

Prior Estimate

Resource Date
2025-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-06-30T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Historical indicated resources for Myhree Centre from June 2025 are provided for comparison.

Evidence · table

“120”

Context: 1,230

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

inferredMyhree Centre · goldTonnes: 2008000Grade: 2.6Grade Unit: g/tContained Metal: 167Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Myhree Centre
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:866c34bf0f91458f9f63
Deposit or zone
Myhree Centre

Resource Data

Category
inferred
Tonnes
2008000
Grade
2.6
Grade Unit
g/t
Contained Metal
167
Contained Unit
koz

Prior Estimate

Resource Date
2025-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-06-30T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Historical inferred resources for Myhree Centre from June 2025 are provided for comparison.

Evidence · table

“167”

Context: 2,008

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

indicatedMajestic Centre · goldTonnes: 4073000Grade: 2.2Grade Unit: g/tContained Metal: 290Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Majestic Centre
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:f1aa69eb506bafcc4962
Deposit or zone
Majestic Centre

Resource Data

Category
indicated
Tonnes
4073000
Grade
2.2
Grade Unit
g/t
Contained Metal
290
Contained Unit
koz

Prior Estimate

Resource Date
2025-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-06-30T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Historical indicated resources for Majestic Centre from June 2025 are provided for comparison.

Evidence · table

“290”

Context: 4,073

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

inferredMajestic Centre · goldTonnes: 4280000Grade: 1.7Grade Unit: g/tContained Metal: 230Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Majestic Centre
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:d481aa134dcbe4f4f785
Deposit or zone
Majestic Centre

Resource Data

Category
inferred
Tonnes
4280000
Grade
1.7
Grade Unit
g/t
Contained Metal
230
Contained Unit
koz

Prior Estimate

Resource Date
2025-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-06-30T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Historical inferred resources for Majestic Centre from June 2025 are provided for comparison.

Evidence · table

“230”

Context: 4,280

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

indicatedFingals Centre · goldTonnes: 2920000Grade: 2.1Grade Unit: g/tContained Metal: 194Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Fingals Centre
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:40dc590a4a3725b0ac7c
Deposit or zone
Fingals Centre

Resource Data

Category
indicated
Tonnes
2920000
Grade
2.1
Grade Unit
g/t
Contained Metal
194
Contained Unit
koz

Prior Estimate

Resource Date
2025-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-06-30T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Historical indicated resources for Fingals Centre from June 2025 are provided for comparison.

Evidence · table

“194”

Context: 2,920

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

inferredFingals Centre · goldTonnes: 1046000Grade: 2.4Grade Unit: g/tContained Metal: 81Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Fingals Centre
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:b6cafddfdcb51b12ec7a
Deposit or zone
Fingals Centre

Resource Data

Category
inferred
Tonnes
1046000
Grade
2.4
Grade Unit
g/t
Contained Metal
81
Contained Unit
koz

Prior Estimate

Resource Date
2025-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-06-30T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Historical inferred resources for Fingals Centre from June 2025 are provided for comparison.

Evidence · table

“81”

Context: 1,046

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

indicatedTrojan · goldTonnes: 1356000Grade: 1.8Grade Unit: g/tContained Metal: 79Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Trojan
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:ec1ef508576415f43a89
Deposit or zone
Trojan

Resource Data

Category
indicated
Tonnes
1356000
Grade
1.8
Grade Unit
g/t
Contained Metal
79
Contained Unit
koz

Prior Estimate

Resource Date
2025-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-06-30T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Historical indicated resources for Trojan from June 2025 are provided for comparison.

Evidence · table

“79”

Context: 1,356

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

inferredTrojan · goldTonnes: 760000Grade: 1.5Grade Unit: g/tContained Metal: 36Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Trojan
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:9cb2729c9396924a3932
Deposit or zone
Trojan

Resource Data

Category
inferred
Tonnes
760000
Grade
1.5
Grade Unit
g/t
Contained Metal
36
Contained Unit
koz

Prior Estimate

Resource Date
2025-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-06-30T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Historical inferred resources for Trojan from June 2025 are provided for comparison.

Evidence · table

“36”

Context: 760

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

measuredOther Kal East · goldTonnes: 13000Grade: 3.2Grade Unit: g/tContained Metal: 1Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Other Kal East
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:80096728fe65f72dc206
Deposit or zone
Other

Resource Data

Category
measured
Tonnes
13000
Grade
3.2
Grade Unit
g/t
Contained Metal
1
Contained Unit
koz

Prior Estimate

Resource Date
2025-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-06-30T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Historical measured resources for other Kal East areas from June 2025 are provided for comparison.

Evidence · table

“1”

Context: 13

Tags used in scoring

Measured Resourcepositive

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

Why it applies: category is "measured"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

indicatedOther Kal East · goldTonnes: 164000Grade: 2.7Grade Unit: g/tContained Metal: 14Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Other Kal East
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:f0527c00e8b21e4d8cf9
Deposit or zone
Other

Resource Data

Category
indicated
Tonnes
164000
Grade
2.7
Grade Unit
g/t
Contained Metal
14
Contained Unit
koz

Prior Estimate

Resource Date
2025-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-06-30T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Historical indicated resources for other Kal East areas from June 2025 are provided for comparison.

Evidence · table

“14”

Context: 164

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

inferredOther Kal East · goldTonnes: 913000Grade: 2.4Grade Unit: g/tContained Metal: 70Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Other Kal East
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:f0c5bbf6eb529ff7e950
Deposit or zone
Other

Resource Data

Category
inferred
Tonnes
913000
Grade
2.4
Grade Unit
g/t
Contained Metal
70
Contained Unit
koz

Prior Estimate

Resource Date
2025-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-06-30T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Historical inferred resources for other Kal East areas from June 2025 are provided for comparison.

Evidence · table

“70”

Context: 913

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

indicatedCoyote Central · goldTonnes: 849000Grade: 8.7Grade Unit: g/tContained Metal: 236Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Coyote Central
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:4372968440fff37760ee
Deposit or zone
Coyote Central

Resource Data

Category
indicated
Tonnes
849000
Grade
8.7
Grade Unit
g/t
Contained Metal
236
Contained Unit
koz

Prior Estimate

Resource Date
2025-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-06-30T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Historical indicated resources for Coyote Central from June 2025 are provided for comparison.

Positive factors

  • High grade gold resource (8.7 g/t Au)

Evidence · table

“236”

Context: 849

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

inferredCoyote Central · goldTonnes: 719000Grade: 8.4Grade Unit: g/tContained Metal: 194Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Coyote Central
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:6ab2bba0a97516e396b9
Deposit or zone
Coyote Central

Resource Data

Category
inferred
Tonnes
719000
Grade
8.4
Grade Unit
g/t
Contained Metal
194
Contained Unit
koz

Prior Estimate

Resource Date
2025-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-06-30T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Historical inferred resources for Coyote Central from June 2025 are provided for comparison.

Positive factors

  • High grade gold resource (8.4 g/t Au)

Evidence · table

“194”

Context: 719

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

indicatedBald Hill · goldTonnes: 594000Grade: 2.8Grade Unit: g/tContained Metal: 54Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Bald Hill
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:e181d5f7f1f6f549ae23
Deposit or zone
Bald Hill

Resource Data

Category
indicated
Tonnes
594000
Grade
2.8
Grade Unit
g/t
Contained Metal
54
Contained Unit
koz

Prior Estimate

Resource Date
2025-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-06-30T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Historical indicated resources for Bald Hill from June 2025 are provided for comparison.

Evidence · table

“54”

Context: 594

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

inferredBald Hill · goldTonnes: 1126000Grade: 4Grade Unit: g/tContained Metal: 145Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Bald Hill
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:eea94b5448ca840124f5
Deposit or zone
Bald Hill

Resource Data

Category
inferred
Tonnes
1126000
Grade
4
Grade Unit
g/t
Contained Metal
145
Contained Unit
koz

Prior Estimate

Resource Date
2025-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-06-30T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Historical inferred resources for Bald Hill from June 2025 are provided for comparison.

Positive factors

  • Good grade gold resource (4.0 g/t Au)

Evidence · table

“145”

Context: 1,126

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

indicatedCoyote Stockpiles · goldTonnes: 375000Grade: 1.4Grade Unit: g/tContained Metal: 17Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Coyote Stockpiles
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:18adf43ddfcdcccbba60
Deposit or zone
Stockpiles

Resource Data

Category
indicated
Tonnes
375000
Grade
1.4
Grade Unit
g/t
Contained Metal
17
Contained Unit
koz

Prior Estimate

Resource Date
2025-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-06-30T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Historical indicated resources for Coyote Stockpiles from June 2025 are provided for comparison.

Evidence · table

“17”

Context: 375

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

measuredPaulsens · goldTonnes: 159000Grade: 10.8Grade Unit: g/tContained Metal: 55Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Paulsens
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:4be16115e8a98fdcfc52
Deposit or zone
Paulsens

Resource Data

Category
measured
Tonnes
159000
Grade
10.8
Grade Unit
g/t
Contained Metal
55
Contained Unit
koz

Prior Estimate

Resource Date
2025-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-06-30T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Historical measured resources for Paulsens from June 2025 are provided for comparison.

Positive factors

  • High grade gold resource (10.8 g/t Au)

Evidence · table

“55”

Context: 159

Tags used in scoring

Measured Resourcepositive

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

Why it applies: category is "measured"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

indicatedPaulsens · goldTonnes: 827000Grade: 9.6Grade Unit: g/tContained Metal: 254Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Paulsens
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:87e9498a10619f95ef1c
Deposit or zone
Paulsens

Resource Data

Category
indicated
Tonnes
827000
Grade
9.6
Grade Unit
g/t
Contained Metal
254
Contained Unit
koz

Prior Estimate

Resource Date
2025-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-06-30T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Historical indicated resources for Paulsens from June 2025 are provided for comparison.

Positive factors

  • High grade gold resource (9.6 g/t Au)

Evidence · table

“254”

Context: 827

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

inferredPaulsens · goldTonnes: 348000Grade: 8.6Grade Unit: g/tContained Metal: 97Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Paulsens
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:988b9b9d1a44c60e87f6
Deposit or zone
Paulsens

Resource Data

Category
inferred
Tonnes
348000
Grade
8.6
Grade Unit
g/t
Contained Metal
97
Contained Unit
koz

Prior Estimate

Resource Date
2025-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-06-30T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Historical inferred resources for Paulsens from June 2025 are provided for comparison.

Positive factors

  • High grade gold resource (8.6 g/t Au)

Evidence · table

“97”

Context: 348

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

inferredMt Clement · goldTonnes: 532000Grade: 1.4Grade Unit: g/tContained Metal: 24Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Mt Clement
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:fc4bdca02a6705385b1c
Deposit or zone
Mt Clement

Resource Data

Category
inferred
Tonnes
532000
Grade
1.4
Grade Unit
g/t
Contained Metal
24
Contained Unit
koz

Prior Estimate

Resource Date
2025-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-06-30T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Historical inferred resources for Mt Clement from June 2025 are provided for comparison.

Evidence · table

“24”

Context: 532

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

indicatedBelvedere · goldTonnes: 95000Grade: 5.9Grade Unit: g/tContained Metal: 18Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Belvedere
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:3b8a85ae6993a119fd2a
Deposit or zone
Belvedere

Resource Data

Category
indicated
Tonnes
95000
Grade
5.9
Grade Unit
g/t
Contained Metal
18
Contained Unit
koz

Prior Estimate

Resource Date
2025-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-06-30T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Historical indicated resources for Belvedere from June 2025 are provided for comparison.

Positive factors

  • High grade gold resource (5.9 g/t Au)

Evidence · table

“18”

Context: 95

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

inferredBelvedere · goldTonnes: 44000Grade: 8.3Grade Unit: g/tContained Metal: 12Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Belvedere
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:efcc48927e16a5510510
Deposit or zone
Belvedere

Resource Data

Category
inferred
Tonnes
44000
Grade
8.3
Grade Unit
g/t
Contained Metal
12
Contained Unit
koz

Prior Estimate

Resource Date
2025-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-06-30T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Historical inferred resources for Belvedere from June 2025 are provided for comparison.

Positive factors

  • High grade gold resource (8.3 g/t Au)

Evidence · table

“12”

Context: 44

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

inferredNth Anticline (Merlin) · goldTonnes: 523000Grade: 1.4Grade Unit: g/tContained Metal: 24Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Nth Anticline (Merlin)
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:16887d31fcb048e47e33
Deposit or zone
Nth Anticline (Merlin)

Resource Data

Category
inferred
Tonnes
523000
Grade
1.4
Grade Unit
g/t
Contained Metal
24
Contained Unit
koz

Prior Estimate

Resource Date
2025-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-06-30T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Historical inferred resources for Nth Anticline (Merlin) from June 2025 are provided for comparison.

Evidence · table

“24”

Context: 523

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

indicatedElectric Dingo · goldTonnes: 98000Grade: 1.6Grade Unit: g/tContained Metal: 5Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Electric Dingo
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:9b62876fd314d7577a6e
Deposit or zone
Electric Dingo

Resource Data

Category
indicated
Tonnes
98000
Grade
1.6
Grade Unit
g/t
Contained Metal
5
Contained Unit
koz

Prior Estimate

Resource Date
2025-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-06-30T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Historical indicated resources for Electric Dingo from June 2025 are provided for comparison.

Evidence · table

“5”

Context: 98

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

inferredElectric Dingo · goldTonnes: 444000Grade: 1.2Grade Unit: g/tContained Metal: 17Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Electric Dingo
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:56b38290dc109a07d3b5
Deposit or zone
Electric Dingo

Resource Data

Category
inferred
Tonnes
444000
Grade
1.2
Grade Unit
g/t
Contained Metal
17
Contained Unit
koz

Prior Estimate

Resource Date
2025-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-06-30T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Historical inferred resources for Electric Dingo from June 2025 are provided for comparison.

Evidence · table

“17”

Context: 444

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

probableKal East · goldTonnes: 3288000Grade: 1.8Grade Unit: g/tContained Metal: 193Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Kal East
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:3e0684d2f6ec053e5268

Resource Data

Category
probable
Tonnes
3288000
Grade
1.8
Grade Unit
g/t
Contained Metal
193
Contained Unit
koz

Prior Estimate

Resource Date
2025-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-06-30T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Historical open pit probable reserves for Kal East from June 2025 are provided for comparison.

Evidence · table

“193”

Context: 3,288

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

probableKal East · goldTonnes: 437000Grade: 3.6Grade Unit: g/tContained Metal: 50Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Kal East
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:cedd55ae978d95088fb3

Resource Data

Category
probable
Tonnes
437000
Grade
3.6
Grade Unit
g/t
Contained Metal
50
Contained Unit
koz

Prior Estimate

Resource Date
2025-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-06-30T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Historical underground probable reserves for Kal East from June 2025 are provided for comparison.

Evidence · table

“50”

Context: 437

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

probablePaulsens · goldTonnes: 631000Grade: 4.3Grade Unit: g/tContained Metal: 87Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Paulsens
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
BC8

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Matthew Karl, David Potter, Iain Levy, Rory Reed, Juan Giraldo, Alistair Thornton
Resource group id
resource:2fd23d1c19eb5a8a5b5b

Resource Data

Category
probable
Tonnes
631000
Grade
4.3
Grade Unit
g/t
Contained Metal
87
Contained Unit
koz

Prior Estimate

Resource Date
2025-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-06-30T00:00:00.000Z

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Historical underground probable reserves for Paulsens from June 2025 are provided for comparison.

Positive factors

  • Good grade gold resource (4.3 g/t Au)

Evidence · table

“87”

Context: 631

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

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.