# CHN: Annual Report to Shareholders

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8

Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03145584

Publisher: asx

Original announcement: 2026-09-29T08:29:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-09-29T14:25:10.043Z

Atlas analysis updated: 2026-09-29T14:25:10.043Z

- Company: Chalice Mining Limited

- Ticker: CHN

- Exchange: ASX

- Region: Western Australia

- Primary commodity: Palladium

- Secondary commodities: Platinum, Gold, Nickel, Copper, Cobalt, Rare earth elements, Silver

- Document categories: Resource update, Permitting, Drill results

- Extracted: 2026-09-29 14:25:10 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Chalice Mining Limited's Annual Report for 2026 details robust Pre-Feasibility Study results for its Gonneville PGM-Nickel-Copper-Cobalt Project, confirming strong economics and a maiden Ore Reserve. The company is progressing towards a Final Investment Decision in H1 CY28, with significant advancements in regulatory approvals and the Feasibility Study. Additionally, new high-grade rare earth element rock chip samples were reported from the Deep Blue target within the Northam Project.

Reasoning: The annual report highlights strong Pre-Feasibility Study results for the Gonneville PGM-Nickel-Copper-Cobalt Project, including a maiden Ore Reserve and significant progress towards a Final Investment Decision. New exploration results at the Deep Blue target also show high-grade rare earth elements.

- Positive factor: PFS confirms robust economics with A$1.4bn NPV8% and 23% IRR \(pre-tax\)

- Positive factor: Maiden Ore Reserve of 260Mt defined for Gonneville Project

- Positive factor: Gonneville projected to be the lowest cost PGM mine in the western world

- Positive factor: Significant progress on regulatory approvals and Feasibility Study

- Positive factor: New high-grade rare earth element rock chip samples at Deep Blue target

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

Facts used in scoring: 76

## Classification and evidence

**Resource Update**

Polarity: neutral

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

Why it applies: The document provides an updated Mineral Resource Estimate for the Gonneville Project.

Evidence · text

> Mineral Resources and Ore Reserves

**Measured Resource**

Polarity: positive

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

Why it applies: The Gonneville Mineral Resource Estimate includes a Measured category for various commodities.

Evidence · table

> MEASURED

Context: 2.9

**Indicated Resource**

Polarity: positive

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

Why it applies: The Gonneville Mineral Resource Estimate includes an Indicated category for various commodities.

Evidence · table

> INDICATED

Context: 400

**Inferred Resource**

Polarity: negative

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

Why it applies: The Gonneville Mineral Resource Estimate includes an Inferred category for various commodities.

Evidence · table

> INFERRED

Context: 250

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: The document reports a maiden Ore Reserve for Gonneville, including a Proved category.

Evidence · table

> PROVED

Context: 2.5

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: The document reports a maiden Ore Reserve for Gonneville, including a Probable category.

Evidence · table

> PROBABLE

Context: 260

**JORC Compliant**

Polarity: positive

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

Why it applies: Both the Mineral Resource and Ore Reserve Estimates are reported in accordance with the JORC Code \(2012\).

Evidence · text

> The Resource underpinning the production targets in the Study has been prepared by a Competent Person and reported in accordance with the requirements of the JORC Code \(2012\).

**QP/CP Signed**

Polarity: positive

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

Why it applies: Competent Persons Mike Millad, Mike Job, and Dan Donald are named and have signed off on the estimates.

Evidence · text

> The information in this Annual Report that relates to Mineral Resources in relation to the Gonneville PGM-Ni-Cu-Co Project is based on and fairly represents information and supporting documentation compiled by Mike Millad and Mike Job.

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: The cut-off grades for the Mineral Resource Estimate are clearly stated.

Evidence · text

> Resources reported above a pit constrained cut-off of A$25/t NSR and underground MSO cut-off of A$110/t NSR

**Bonanza Intercept**

Polarity: positive

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

Why it applies: Rock chip samples at Deep Blue show highly anomalous TREO grades up to 19.26%.

Evidence · table

> 19.26

Context: CFR501

## Extracted facts

Stored fact records: 76. Some facts used in scoring do not have a stored record.

## Drill Results (18)

### Fact 1

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-drill-facts-58)

Northam · rare earth elements

#### Identity

- Project: Northam
- Commodity: rare earth elements
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: CHN

#### Geometry

- Grade: 19.26
- Grade Unit: %

#### Classification

- Sample Type: surface

#### Location

- Location: Deep Blue Target
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

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

Reasoning: High-grade TREO rock chip sample from a newly defined target.

- Positive factor: High TREO grade

- Positive factor: New target definition

Evidence · table

> 19.26

Context: CFR501

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 2

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-drill-facts-59)

Northam · lanthanum

#### Identity

- Project: Northam
- Commodity: lanthanum
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: CHN

#### Geometry

- Grade: 4.52
- Grade Unit: %

#### Classification

- Sample Type: surface

#### Location

- Location: Deep Blue Target
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

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

Reasoning: High-grade lanthanum rock chip sample from a newly defined target.

- Positive factor: High grade

- Positive factor: New target definition

Evidence · table

> 4.52

Context: CFR501

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 3

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-drill-facts-60)

Northam · cerium

#### Identity

- Project: Northam
- Commodity: cerium
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: CHN

#### Geometry

- Grade: 8.56
- Grade Unit: %

#### Classification

- Sample Type: surface

#### Location

- Location: Deep Blue Target
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

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

Reasoning: High-grade cerium rock chip sample from a newly defined target.

- Positive factor: High grade

- Positive factor: New target definition

Evidence · table

> 8.56

Context: CFR501

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 4

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-drill-facts-61)

Northam · praseodymium

#### Identity

- Project: Northam
- Commodity: praseodymium
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: CHN

#### Geometry

- Grade: 10000
- Grade Unit: ppm

#### Classification

- Sample Type: surface

#### Location

- Location: Deep Blue Target
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

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

Reasoning: High-grade praseodymium rock chip sample from a newly defined target.

- Positive factor: High grade

- Positive factor: New target definition

Evidence · table

> 10,000

Context: CFR501

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 5

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-drill-facts-62)

Northam · neodymium

#### Identity

- Project: Northam
- Commodity: neodymium
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: CHN

#### Geometry

- Grade: 35500
- Grade Unit: ppm

#### Classification

- Sample Type: surface

#### Location

- Location: Deep Blue Target
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

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

Reasoning: High-grade neodymium rock chip sample from a newly defined target.

- Positive factor: High grade

- Positive factor: New target definition

Evidence · table

> 35,500

Context: CFR501

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 6

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-drill-facts-63)

Northam · samarium

#### Identity

- Project: Northam
- Commodity: samarium
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: CHN

#### Geometry

- Grade: 6000
- Grade Unit: ppm

#### Classification

- Sample Type: surface

#### Location

- Location: Deep Blue Target
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

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

Reasoning: High-grade samarium rock chip sample from a newly defined target.

- Positive factor: High grade

- Positive factor: New target definition

Evidence · table

> 6,000

Context: CFR501

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 7

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-drill-facts-64)

Northam · europium

#### Identity

- Project: Northam
- Commodity: europium
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: CHN

#### Geometry

- Grade: 1400
- Grade Unit: ppm

#### Classification

- Sample Type: surface

#### Location

- Location: Deep Blue Target
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

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

Reasoning: High-grade europium rock chip sample from a newly defined target.

- Positive factor: High grade

- Positive factor: New target definition

Evidence · table

> 1,400

Context: CFR501

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 8

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-drill-facts-65)

Northam · gadolinium

#### Identity

- Project: Northam
- Commodity: gadolinium
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: CHN

#### Geometry

- Grade: 2900
- Grade Unit: ppm

#### Classification

- Sample Type: surface

#### Location

- Location: Deep Blue Target
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

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

Reasoning: High-grade gadolinium rock chip sample from a newly defined target.

- Positive factor: High grade

- Positive factor: New target definition

Evidence · table

> 2,900

Context: CFR501

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 9

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-drill-facts-66)

Northam · terbium

#### Identity

- Project: Northam
- Commodity: terbium
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: CHN

#### Geometry

- Grade: 300
- Grade Unit: ppm

#### Classification

- Sample Type: surface

#### Location

- Location: Deep Blue Target
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

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

Reasoning: High-grade terbium rock chip sample from a newly defined target.

- Positive factor: High grade

- Positive factor: New target definition

Evidence · table

> 300

Context: CFR501

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 10

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-drill-facts-67)

Northam · dysprosium

#### Identity

- Project: Northam
- Commodity: dysprosium
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: CHN

#### Geometry

- Grade: 1000
- Grade Unit: ppm

#### Classification

- Sample Type: surface

#### Location

- Location: Deep Blue Target
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

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

Reasoning: High-grade dysprosium rock chip sample from a newly defined target.

- Positive factor: High grade

- Positive factor: New target definition

Evidence · table

> 1,000

Context: CFR501

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 11

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-drill-facts-68)

Northam · holmium

#### Identity

- Project: Northam
- Commodity: holmium
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: CHN

#### Geometry

- Grade: 400
- Grade Unit: ppm

#### Classification

- Sample Type: surface

#### Location

- Location: Deep Blue Target
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

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

Reasoning: High-grade holmium rock chip sample from a newly defined target.

- Positive factor: High grade

- Positive factor: New target definition

Evidence · table

> 400

Context: CFR501

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 12

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-drill-facts-69)

Northam · ytterbium

#### Identity

- Project: Northam
- Commodity: ytterbium
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: CHN

#### Geometry

- Grade: 300
- Grade Unit: ppm

#### Classification

- Sample Type: surface

#### Location

- Location: Deep Blue Target
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

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

Reasoning: High-grade ytterbium rock chip sample from a newly defined target.

- Positive factor: High grade

- Positive factor: New target definition

Evidence · table

> 300

Context: CFR501

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 13

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-drill-facts-70)

Northam · yttrium

#### Identity

- Project: Northam
- Commodity: yttrium
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: CHN

#### Geometry

- Grade: 3800
- Grade Unit: ppm

#### Classification

- Sample Type: surface

#### Location

- Location: Deep Blue Target
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

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

Reasoning: High-grade yttrium rock chip sample from a newly defined target.

- Positive factor: High grade

- Positive factor: New target definition

Evidence · table

> 3,800

Context: CFR501

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 14

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-drill-facts-71)

Northam · copper

#### Identity

- Project: Northam
- Commodity: copper
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: CHN

#### Geometry

- Grade: 377
- Grade Unit: ppm

#### Classification

- Sample Type: surface

#### Location

- Location: Deep Blue Target
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

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

Reasoning: Copper rock chip sample from a newly defined target.

- Positive factor: New target definition

Evidence · table

> 377

Context: CFR501

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 15

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-drill-facts-72)

Northam · gold

#### Identity

- Project: Northam
- Commodity: gold
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: CHN

#### Geometry

- Grade: 0.13
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Location

- Location: Deep Blue Target
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

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

Reasoning: Gold rock chip sample from a newly defined target.

- Positive factor: New target definition

Evidence · table

> 0.130

Context: CFR501

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 16

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-drill-facts-73)

Northam · silver

#### Identity

- Project: Northam
- Commodity: silver
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: CHN

#### Geometry

- Grade: 0.3
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Location

- Location: Deep Blue Target
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

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

Reasoning: Silver rock chip sample from a newly defined target.

- Positive factor: New target definition

Evidence · table

> 0.3

Context: CFR501

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 17

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-drill-facts-74)

Northam · erbium

#### Identity

- Project: Northam
- Commodity: erbium
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: CHN

#### Geometry

- Grade: 100
- Grade Unit: ppm

#### Classification

- Sample Type: surface

#### Location

- Location: Deep Blue Target
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

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

Reasoning: High-grade erbium rock chip sample from a newly defined target.

- Positive factor: High grade

- Positive factor: New target definition

Evidence · table

> 100

Context: CFR501

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 18

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-drill-facts-75)

Northam · thulium

#### Identity

- Project: Northam
- Commodity: thulium
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: CHN

#### Geometry

- Grade: 100
- Grade Unit: ppm

#### Classification

- Sample Type: surface

#### Location

- Location: Deep Blue Target
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

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

Reasoning: High-grade thulium rock chip sample from a newly defined target.

- Positive factor: High grade

- Positive factor: New target definition

Evidence · table

> 100

Context: CFR501

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

## Resource Estimates (58)

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-resource-facts-0)

Gonneville · palladium

#### Identity

- Project: Gonneville
- Commodity: palladium
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHN

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mike Millad, Mike Job
- Resource group id: resource:48b46a997c21a5b58888
- Deposit or zone: Oxide – in-pit

#### Resource Data

- Category: indicated
- Tonnes: 7000000
- Grade: 0.43
- Grade Unit: moz
- Contained Metal: 0.43
- Contained Unit: moz
- Cutoff Grade: 25
- Cutoff Unit: A$/t NSR

#### Prior Estimate

- Resource Date: 2024-04-23

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Indicated resource for palladium in oxide material at a good grade.

- Positive factor: Indicated category provides good confidence

- Positive factor: High palladium grade for oxide material

Evidence · table

> 0.43

Context: 7.0

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Stale Estimate**

Polarity: negative

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

Why it applies: effective date is 2.4 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-resource-facts-1)

Gonneville · gold

#### Identity

- Project: Gonneville
- Commodity: gold
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHN

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mike Millad, Mike Job
- Resource group id: resource:48b46a997c21a5b58888
- Deposit or zone: Oxide – in-pit

#### Resource Data

- Category: indicated
- Tonnes: 7000000
- Grade: 0.01
- Grade Unit: moz
- Contained Metal: 0.01
- Contained Unit: moz
- Cutoff Grade: 25
- Cutoff Unit: A$/t NSR

#### Prior Estimate

- Resource Date: 2024-04-23

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Indicated resource for gold in oxide material, though at a low grade.

- Positive factor: Indicated category provides good confidence

Evidence · table

> 0.01

Context: 7.0

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Stale Estimate**

Polarity: negative

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

Why it applies: effective date is 2.4 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-resource-facts-2)

Gonneville · palladium

#### Identity

- Project: Gonneville
- Commodity: palladium
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHN

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mike Millad, Mike Job
- Resource group id: resource:4eb17a06f4b754540207
- Deposit or zone: Oxide – in-pit

#### Resource Data

- Category: inferred
- Tonnes: 6100000
- Grade: 0.11
- Grade Unit: moz
- Contained Metal: 0.11
- Contained Unit: moz
- Cutoff Grade: 25
- Cutoff Unit: A$/t NSR

#### Prior Estimate

- Resource Date: 2024-04-23

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Inferred resource for palladium in oxide material.

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 0.11

Context: 6.1

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Stale Estimate**

Polarity: negative

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

Why it applies: effective date is 2.4 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-resource-facts-3)

Gonneville · gold

#### Identity

- Project: Gonneville
- Commodity: gold
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHN

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mike Millad, Mike Job
- Resource group id: resource:4eb17a06f4b754540207
- Deposit or zone: Oxide – in-pit

#### Resource Data

- Category: inferred
- Tonnes: 6100000
- Grade: 0.01
- Grade Unit: moz
- Contained Metal: 0.01
- Contained Unit: moz
- Cutoff Grade: 25
- Cutoff Unit: A$/t NSR

#### Prior Estimate

- Resource Date: 2024-04-23

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Inferred resource for gold in oxide material at a very low grade.

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 0.01

Context: 6.1

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Stale Estimate**

Polarity: negative

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

Why it applies: effective date is 2.4 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-resource-facts-4)

Gonneville · palladium

#### Identity

- Project: Gonneville
- Commodity: palladium
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHN

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mike Millad, Mike Job
- Resource group id: resource:41d8a218c4267ac0b9e0
- Deposit or zone: Sulphide \(Transitional\) – in-pit

#### Resource Data

- Category: measured
- Tonnes: 400000
- Grade: 0.01
- Grade Unit: moz
- Contained Metal: 0.01
- Contained Unit: moz
- Cutoff Grade: 25
- Cutoff Unit: A$/t NSR

#### Prior Estimate

- Resource Date: 2024-04-23

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Measured resource for palladium in transitional sulphide material.

- Positive factor: Measured category provides high geological confidence

Evidence · table

> 0.01

Context: 0.4

#### Tags used in scoring

**Measured Resource**

Polarity: positive

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

Why it applies: category is "measured"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Stale Estimate**

Polarity: negative

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

Why it applies: effective date is 2.4 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-resource-facts-5)

Gonneville · platinum

#### Identity

- Project: Gonneville
- Commodity: platinum
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHN

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mike Millad, Mike Job
- Resource group id: resource:41d8a218c4267ac0b9e0
- Deposit or zone: Sulphide \(Transitional\) – in-pit

#### Resource Data

- Category: measured
- Tonnes: 400000
- Grade: 0
- Grade Unit: moz
- Contained Metal: 0
- Contained Unit: moz
- Cutoff Grade: 25
- Cutoff Unit: A$/t NSR

#### Prior Estimate

- Resource Date: 2024-04-23

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Measured resource for platinum in transitional sulphide material.

- Positive factor: Measured category provides high geological confidence

Evidence · table

> 0.00

Context: 0.4

#### Tags used in scoring

**Measured Resource**

Polarity: positive

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

Why it applies: category is "measured"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Stale Estimate**

Polarity: negative

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

Why it applies: effective date is 2.4 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-resource-facts-6)

Gonneville · gold

#### Identity

- Project: Gonneville
- Commodity: gold
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHN

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mike Millad, Mike Job
- Resource group id: resource:41d8a218c4267ac0b9e0
- Deposit or zone: Sulphide \(Transitional\) – in-pit

#### Resource Data

- Category: measured
- Tonnes: 400000
- Grade: 0
- Grade Unit: moz
- Contained Metal: 0
- Contained Unit: moz
- Cutoff Grade: 25
- Cutoff Unit: A$/t NSR

#### Prior Estimate

- Resource Date: 2024-04-23

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Measured resource for gold in transitional sulphide material.

- Positive factor: Measured category provides high geological confidence

Evidence · table

> 0.00

Context: 0.4

#### Tags used in scoring

**Measured Resource**

Polarity: positive

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

Why it applies: category is "measured"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Stale Estimate**

Polarity: negative

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

Why it applies: effective date is 2.4 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-resource-facts-7)

Gonneville · nickel

#### Identity

- Project: Gonneville
- Commodity: nickel
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHN

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mike Millad, Mike Job
- Resource group id: resource:41d8a218c4267ac0b9e0
- Deposit or zone: Sulphide \(Transitional\) – in-pit

#### Resource Data

- Category: measured
- Tonnes: 400000
- Grade: 0.19
- Grade Unit: %
- Contained Metal: 0.67
- Contained Unit: kt
- Cutoff Grade: 25
- Cutoff Unit: A$/t NSR

#### Prior Estimate

- Resource Date: 2024-04-23

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Measured resource for nickel in transitional sulphide material.

- Positive factor: Measured category provides high geological confidence

Evidence · table

> 0.19

Context: 0.4

#### Tags used in scoring

**Measured Resource**

Polarity: positive

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

Why it applies: category is "measured"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Stale Estimate**

Polarity: negative

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

Why it applies: effective date is 2.4 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-resource-facts-8)

Gonneville · copper

#### Identity

- Project: Gonneville
- Commodity: copper
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHN

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mike Millad, Mike Job
- Resource group id: resource:41d8a218c4267ac0b9e0
- Deposit or zone: Sulphide \(Transitional\) – in-pit

#### Resource Data

- Category: measured
- Tonnes: 400000
- Grade: 0.16
- Grade Unit: %
- Contained Metal: 0.56
- Contained Unit: kt
- Cutoff Grade: 25
- Cutoff Unit: A$/t NSR

#### Prior Estimate

- Resource Date: 2024-04-23

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Measured resource for copper in transitional sulphide material.

- Positive factor: Measured category provides high geological confidence

Evidence · table

> 0.160

Context: 0.4

#### Tags used in scoring

**Measured Resource**

Polarity: positive

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

Why it applies: category is "measured"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Stale Estimate**

Polarity: negative

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

Why it applies: effective date is 2.4 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-resource-facts-9)

Gonneville · cobalt

#### Identity

- Project: Gonneville
- Commodity: cobalt
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHN

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mike Millad, Mike Job
- Resource group id: resource:41d8a218c4267ac0b9e0
- Deposit or zone: Sulphide \(Transitional\) – in-pit

#### Resource Data

- Category: measured
- Tonnes: 400000
- Grade: 0.02
- Grade Unit: %
- Contained Metal: 0.07
- Contained Unit: kt
- Cutoff Grade: 25
- Cutoff Unit: A$/t NSR

#### Prior Estimate

- Resource Date: 2024-04-23

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Measured resource for cobalt in transitional sulphide material.

- Positive factor: Measured category provides high geological confidence

Evidence · table

> 0.020

Context: 0.4

#### Tags used in scoring

**Measured Resource**

Polarity: positive

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

Why it applies: category is "measured"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Stale Estimate**

Polarity: negative

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

Why it applies: effective date is 2.4 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-resource-facts-10)

Gonneville · palladium

#### Identity

- Project: Gonneville
- Commodity: palladium
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHN

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mike Millad, Mike Job
- Resource group id: resource:fa9c6abc4007d273e728
- Deposit or zone: Sulphide \(Transitional\) – in-pit

#### Resource Data

- Category: indicated
- Tonnes: 14000000
- Grade: 0.3
- Grade Unit: moz
- Contained Metal: 0.3
- Contained Unit: moz
- Cutoff Grade: 25
- Cutoff Unit: A$/t NSR

#### Prior Estimate

- Resource Date: 2024-04-23

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Indicated resource for palladium in transitional sulphide material.

- Positive factor: Indicated category provides good confidence

Evidence · table

> 0.30

Context: 14

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Stale Estimate**

Polarity: negative

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

Why it applies: effective date is 2.4 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-resource-facts-11)

Gonneville · platinum

#### Identity

- Project: Gonneville
- Commodity: platinum
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHN

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mike Millad, Mike Job
- Resource group id: resource:fa9c6abc4007d273e728
- Deposit or zone: Sulphide \(Transitional\) – in-pit

#### Resource Data

- Category: indicated
- Tonnes: 14000000
- Grade: 0.07
- Grade Unit: moz
- Contained Metal: 0.07
- Contained Unit: moz
- Cutoff Grade: 25
- Cutoff Unit: A$/t NSR

#### Prior Estimate

- Resource Date: 2024-04-23

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Indicated resource for platinum in transitional sulphide material.

- Positive factor: Indicated category provides good confidence

Evidence · table

> 0.07

Context: 14

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Stale Estimate**

Polarity: negative

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

Why it applies: effective date is 2.4 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-resource-facts-12)

Gonneville · gold

#### Identity

- Project: Gonneville
- Commodity: gold
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHN

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mike Millad, Mike Job
- Resource group id: resource:fa9c6abc4007d273e728
- Deposit or zone: Sulphide \(Transitional\) – in-pit

#### Resource Data

- Category: indicated
- Tonnes: 14000000
- Grade: 0.01
- Grade Unit: moz
- Contained Metal: 0.01
- Contained Unit: moz
- Cutoff Grade: 25
- Cutoff Unit: A$/t NSR

#### Prior Estimate

- Resource Date: 2024-04-23

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Indicated resource for gold in transitional sulphide material.

- Positive factor: Indicated category provides good confidence

Evidence · table

> 0.01

Context: 14

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Stale Estimate**

Polarity: negative

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

Why it applies: effective date is 2.4 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-resource-facts-13)

Gonneville · nickel

#### Identity

- Project: Gonneville
- Commodity: nickel
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHN

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mike Millad, Mike Job
- Resource group id: resource:fa9c6abc4007d273e728
- Deposit or zone: Sulphide \(Transitional\) – in-pit

#### Resource Data

- Category: indicated
- Tonnes: 14000000
- Grade: 0.16
- Grade Unit: %
- Contained Metal: 22
- Contained Unit: kt
- Cutoff Grade: 25
- Cutoff Unit: A$/t NSR

#### Prior Estimate

- Resource Date: 2024-04-23

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Indicated resource for nickel in transitional sulphide material.

- Positive factor: Indicated category provides good confidence

Evidence · table

> 0.16

Context: 14

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Stale Estimate**

Polarity: negative

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

Why it applies: effective date is 2.4 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-resource-facts-14)

Gonneville · copper

#### Identity

- Project: Gonneville
- Commodity: copper
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHN

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mike Millad, Mike Job
- Resource group id: resource:fa9c6abc4007d273e728
- Deposit or zone: Sulphide \(Transitional\) – in-pit

#### Resource Data

- Category: indicated
- Tonnes: 14000000
- Grade: 0.103
- Grade Unit: %
- Contained Metal: 14
- Contained Unit: kt
- Cutoff Grade: 25
- Cutoff Unit: A$/t NSR

#### Prior Estimate

- Resource Date: 2024-04-23

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Indicated resource for copper in transitional sulphide material.

- Positive factor: Indicated category provides good confidence

Evidence · table

> 0.103

Context: 14

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Stale Estimate**

Polarity: negative

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

Why it applies: effective date is 2.4 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-resource-facts-15)

Gonneville · cobalt

#### Identity

- Project: Gonneville
- Commodity: cobalt
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHN

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mike Millad, Mike Job
- Resource group id: resource:fa9c6abc4007d273e728
- Deposit or zone: Sulphide \(Transitional\) – in-pit

#### Resource Data

- Category: indicated
- Tonnes: 14000000
- Grade: 0.02
- Grade Unit: %
- Contained Metal: 2.7
- Contained Unit: kt
- Cutoff Grade: 25
- Cutoff Unit: A$/t NSR

#### Prior Estimate

- Resource Date: 2024-04-23

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Indicated resource for cobalt in transitional sulphide material.

- Positive factor: Indicated category provides good confidence

Evidence · table

> 0.020

Context: 14

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Stale Estimate**

Polarity: negative

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

Why it applies: effective date is 2.4 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-resource-facts-16)

Gonneville · palladium

#### Identity

- Project: Gonneville
- Commodity: palladium
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHN

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mike Millad, Mike Job
- Resource group id: resource:69301860d1339a5347e6
- Deposit or zone: Sulphide \(Transitional\) – in-pit

#### Resource Data

- Category: inferred
- Tonnes: 100000
- Grade: 0
- Grade Unit: moz
- Contained Metal: 0
- Contained Unit: moz
- Cutoff Grade: 25
- Cutoff Unit: A$/t NSR

#### Prior Estimate

- Resource Date: 2024-04-23

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Inferred resource for palladium in transitional sulphide material.

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 0.00

Context: 0.1

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Stale Estimate**

Polarity: negative

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

Why it applies: effective date is 2.4 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-resource-facts-17)

Gonneville · platinum

#### Identity

- Project: Gonneville
- Commodity: platinum
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHN

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mike Millad, Mike Job
- Resource group id: resource:69301860d1339a5347e6
- Deposit or zone: Sulphide \(Transitional\) – in-pit

#### Resource Data

- Category: inferred
- Tonnes: 100000
- Grade: 0
- Grade Unit: moz
- Contained Metal: 0
- Contained Unit: moz
- Cutoff Grade: 25
- Cutoff Unit: A$/t NSR

#### Prior Estimate

- Resource Date: 2024-04-23

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Inferred resource for platinum in transitional sulphide material.

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 0.00

Context: 0.1

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Stale Estimate**

Polarity: negative

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

Why it applies: effective date is 2.4 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-resource-facts-18)

Gonneville · gold

#### Identity

- Project: Gonneville
- Commodity: gold
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHN

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mike Millad, Mike Job
- Resource group id: resource:69301860d1339a5347e6
- Deposit or zone: Sulphide \(Transitional\) – in-pit

#### Resource Data

- Category: inferred
- Tonnes: 100000
- Grade: 0
- Grade Unit: moz
- Contained Metal: 0
- Contained Unit: moz
- Cutoff Grade: 25
- Cutoff Unit: A$/t NSR

#### Prior Estimate

- Resource Date: 2024-04-23

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Inferred resource for gold in transitional sulphide material.

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 0.00

Context: 0.1

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Stale Estimate**

Polarity: negative

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

Why it applies: effective date is 2.4 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-resource-facts-19)

Gonneville · nickel

#### Identity

- Project: Gonneville
- Commodity: nickel
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHN

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mike Millad, Mike Job
- Resource group id: resource:69301860d1339a5347e6
- Deposit or zone: Sulphide \(Transitional\) – in-pit

#### Resource Data

- Category: inferred
- Tonnes: 100000
- Grade: 0.13
- Grade Unit: %
- Contained Metal: 0.19
- Contained Unit: kt
- Cutoff Grade: 25
- Cutoff Unit: A$/t NSR

#### Prior Estimate

- Resource Date: 2024-04-23

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Inferred resource for nickel in transitional sulphide material.

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 0.13

Context: 0.1

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Stale Estimate**

Polarity: negative

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

Why it applies: effective date is 2.4 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-resource-facts-20)

Gonneville · copper

#### Identity

- Project: Gonneville
- Commodity: copper
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHN

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mike Millad, Mike Job
- Resource group id: resource:69301860d1339a5347e6
- Deposit or zone: Sulphide \(Transitional\) – in-pit

#### Resource Data

- Category: inferred
- Tonnes: 100000
- Grade: 0.101
- Grade Unit: %
- Contained Metal: 0.15
- Contained Unit: kt
- Cutoff Grade: 25
- Cutoff Unit: A$/t NSR

#### Prior Estimate

- Resource Date: 2024-04-23

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Inferred resource for copper in transitional sulphide material.

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 0.101

Context: 0.1

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Stale Estimate**

Polarity: negative

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

Why it applies: effective date is 2.4 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-resource-facts-21)

Gonneville · cobalt

#### Identity

- Project: Gonneville
- Commodity: cobalt
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHN

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mike Millad, Mike Job
- Resource group id: resource:69301860d1339a5347e6
- Deposit or zone: Sulphide \(Transitional\) – in-pit

#### Resource Data

- Category: inferred
- Tonnes: 100000
- Grade: 0.014
- Grade Unit: %
- Contained Metal: 0.02
- Contained Unit: kt
- Cutoff Grade: 25
- Cutoff Unit: A$/t NSR

#### Prior Estimate

- Resource Date: 2024-04-23

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Inferred resource for cobalt in transitional sulphide material.

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 0.014

Context: 0.1

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Stale Estimate**

Polarity: negative

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

Why it applies: effective date is 2.4 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-resource-facts-22)

Gonneville · palladium

#### Identity

- Project: Gonneville
- Commodity: palladium
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHN

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mike Millad, Mike Job
- Resource group id: resource:bcce8bb2cdbe5b6e438c
- Deposit or zone: Sulphide \(Fresh\) – in-pit

#### Resource Data

- Category: measured
- Tonnes: 2500000
- Grade: 0.08
- Grade Unit: moz
- Contained Metal: 0.08
- Contained Unit: moz
- Cutoff Grade: 25
- Cutoff Unit: A$/t NSR

#### Prior Estimate

- Resource Date: 2024-04-23

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Measured resource for palladium in fresh sulphide material.

- Positive factor: Measured category provides high geological confidence

Evidence · table

> 0.08

Context: 2.5

#### Tags used in scoring

**Measured Resource**

Polarity: positive

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

Why it applies: category is "measured"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Stale Estimate**

Polarity: negative

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

Why it applies: effective date is 2.4 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-resource-facts-23)

Gonneville · platinum

#### Identity

- Project: Gonneville
- Commodity: platinum
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHN

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mike Millad, Mike Job
- Resource group id: resource:bcce8bb2cdbe5b6e438c
- Deposit or zone: Sulphide \(Fresh\) – in-pit

#### Resource Data

- Category: measured
- Tonnes: 2500000
- Grade: 0.02
- Grade Unit: moz
- Contained Metal: 0.02
- Contained Unit: moz
- Cutoff Grade: 25
- Cutoff Unit: A$/t NSR

#### Prior Estimate

- Resource Date: 2024-04-23

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Measured resource for platinum in fresh sulphide material.

- Positive factor: Measured category provides high geological confidence

Evidence · table

> 0.02

Context: 2.5

#### Tags used in scoring

**Measured Resource**

Polarity: positive

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

Why it applies: category is "measured"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Stale Estimate**

Polarity: negative

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

Why it applies: effective date is 2.4 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-resource-facts-24)

Gonneville · gold

#### Identity

- Project: Gonneville
- Commodity: gold
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHN

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mike Millad, Mike Job
- Resource group id: resource:bcce8bb2cdbe5b6e438c
- Deposit or zone: Sulphide \(Fresh\) – in-pit

#### Resource Data

- Category: measured
- Tonnes: 2500000
- Grade: 0
- Grade Unit: moz
- Contained Metal: 0
- Contained Unit: moz
- Cutoff Grade: 25
- Cutoff Unit: A$/t NSR

#### Prior Estimate

- Resource Date: 2024-04-23

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Measured resource for gold in fresh sulphide material.

- Positive factor: Measured category provides high geological confidence

Evidence · table

> 0.00

Context: 2.5

#### Tags used in scoring

**Measured Resource**

Polarity: positive

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

Why it applies: category is "measured"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Stale Estimate**

Polarity: negative

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

Why it applies: effective date is 2.4 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-resource-facts-25)

Gonneville · nickel

#### Identity

- Project: Gonneville
- Commodity: nickel
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHN

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mike Millad, Mike Job
- Resource group id: resource:bcce8bb2cdbe5b6e438c
- Deposit or zone: Sulphide \(Fresh\) – in-pit

#### Resource Data

- Category: measured
- Tonnes: 2500000
- Grade: 0.21
- Grade Unit: %
- Contained Metal: 5.4
- Contained Unit: kt
- Cutoff Grade: 25
- Cutoff Unit: A$/t NSR

#### Prior Estimate

- Resource Date: 2024-04-23

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Measured resource for nickel in fresh sulphide material.

- Positive factor: Measured category provides high geological confidence

Evidence · table

> 0.21

Context: 2.5

#### Tags used in scoring

**Measured Resource**

Polarity: positive

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

Why it applies: category is "measured"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Stale Estimate**

Polarity: negative

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

Why it applies: effective date is 2.4 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-resource-facts-26)

Gonneville · copper

#### Identity

- Project: Gonneville
- Commodity: copper
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHN

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mike Millad, Mike Job
- Resource group id: resource:bcce8bb2cdbe5b6e438c
- Deposit or zone: Sulphide \(Fresh\) – in-pit

#### Resource Data

- Category: measured
- Tonnes: 2500000
- Grade: 0.168
- Grade Unit: %
- Contained Metal: 4.3
- Contained Unit: kt
- Cutoff Grade: 25
- Cutoff Unit: A$/t NSR

#### Prior Estimate

- Resource Date: 2024-04-23

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Measured resource for copper in fresh sulphide material.

- Positive factor: Measured category provides high geological confidence

Evidence · table

> 0.168

Context: 2.5

#### Tags used in scoring

**Measured Resource**

Polarity: positive

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

Why it applies: category is "measured"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Stale Estimate**

Polarity: negative

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

Why it applies: effective date is 2.4 years before this release

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-resource-facts-27)

Gonneville · cobalt

#### Identity

- Project: Gonneville
- Commodity: cobalt
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHN

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mike Millad, Mike Job
- Resource group id: resource:bcce8bb2cdbe5b6e438c
- Deposit or zone: Sulphide \(Fresh\) – in-pit

#### Resource Data

- Category: measured
- Tonnes: 2500000
- Grade: 0.018
- Grade Unit: %
- Contained Metal: 0.45
- Contained Unit: kt
- Cutoff Grade: 25
- Cutoff Unit: A$/t NSR

#### Prior Estimate

- Resource Date: 2024-04-23

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Measured resource for cobalt in fresh sulphide material.

- Positive factor: Measured category provides high geological confidence

Evidence · table

> 0.018

Context: 2.5

#### Tags used in scoring

**Measured Resource**

Polarity: positive

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

Why it applies: category is "measured"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Stale Estimate**

Polarity: negative

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

Why it applies: effective date is 2.4 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-resource-facts-28)

Gonneville · palladium

#### Identity

- Project: Gonneville
- Commodity: palladium
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHN

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mike Millad, Mike Job
- Resource group id: resource:34fd2164af7cc03655f9
- Deposit or zone: Sulphide \(Fresh\) – in-pit

#### Resource Data

- Category: indicated
- Tonnes: 380000000
- Grade: 7.4
- Grade Unit: moz
- Contained Metal: 7.4
- Contained Unit: moz
- Cutoff Grade: 25
- Cutoff Unit: A$/t NSR

#### Prior Estimate

- Resource Date: 2024-04-23

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Large indicated resource for palladium in fresh sulphide material.

- Positive factor: Indicated category provides good confidence

- Positive factor: Large tonnage

Evidence · table

> 7.4

Context: 380

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Stale Estimate**

Polarity: negative

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

Why it applies: effective date is 2.4 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-resource-facts-29)

Gonneville · platinum

#### Identity

- Project: Gonneville
- Commodity: platinum
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHN

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mike Millad, Mike Job
- Resource group id: resource:34fd2164af7cc03655f9
- Deposit or zone: Sulphide \(Fresh\) – in-pit

#### Resource Data

- Category: indicated
- Tonnes: 380000000
- Grade: 1.7
- Grade Unit: moz
- Contained Metal: 1.7
- Contained Unit: moz
- Cutoff Grade: 25
- Cutoff Unit: A$/t NSR

#### Prior Estimate

- Resource Date: 2024-04-23

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Large indicated resource for platinum in fresh sulphide material.

- Positive factor: Indicated category provides good confidence

- Positive factor: Large tonnage

Evidence · table

> 1.7

Context: 380

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Stale Estimate**

Polarity: negative

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

Why it applies: effective date is 2.4 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-resource-facts-30)

Gonneville · gold

#### Identity

- Project: Gonneville
- Commodity: gold
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHN

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mike Millad, Mike Job
- Resource group id: resource:34fd2164af7cc03655f9
- Deposit or zone: Sulphide \(Fresh\) – in-pit

#### Resource Data

- Category: indicated
- Tonnes: 380000000
- Grade: 0.3
- Grade Unit: moz
- Contained Metal: 0.3
- Contained Unit: moz
- Cutoff Grade: 25
- Cutoff Unit: A$/t NSR

#### Prior Estimate

- Resource Date: 2024-04-23

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Large indicated resource for gold in fresh sulphide material.

- Positive factor: Indicated category provides good confidence

- Positive factor: Large tonnage

Evidence · table

> 0.30

Context: 380

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Stale Estimate**

Polarity: negative

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

Why it applies: effective date is 2.4 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-resource-facts-31)

Gonneville · nickel

#### Identity

- Project: Gonneville
- Commodity: nickel
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHN

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mike Millad, Mike Job
- Resource group id: resource:34fd2164af7cc03655f9
- Deposit or zone: Sulphide \(Fresh\) – in-pit

#### Resource Data

- Category: indicated
- Tonnes: 380000000
- Grade: 0.15
- Grade Unit: %
- Contained Metal: 570
- Contained Unit: kt
- Cutoff Grade: 25
- Cutoff Unit: A$/t NSR

#### Prior Estimate

- Resource Date: 2024-04-23

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Large indicated resource for nickel in fresh sulphide material.

- Positive factor: Indicated category provides good confidence

- Positive factor: Large tonnage

Evidence · table

> 0.15

Context: 380

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Stale Estimate**

Polarity: negative

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

Why it applies: effective date is 2.4 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-resource-facts-32)

Gonneville · copper

#### Identity

- Project: Gonneville
- Commodity: copper
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHN

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mike Millad, Mike Job
- Resource group id: resource:34fd2164af7cc03655f9
- Deposit or zone: Sulphide \(Fresh\) – in-pit

#### Resource Data

- Category: indicated
- Tonnes: 380000000
- Grade: 0.088
- Grade Unit: %
- Contained Metal: 340
- Contained Unit: kt
- Cutoff Grade: 25
- Cutoff Unit: A$/t NSR

#### Prior Estimate

- Resource Date: 2024-04-23

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Large indicated resource for copper in fresh sulphide material.

- Positive factor: Indicated category provides good confidence

- Positive factor: Large tonnage

Evidence · table

> 0.088

Context: 380

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Stale Estimate**

Polarity: negative

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

Why it applies: effective date is 2.4 years before this release

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-resource-facts-33)

Gonneville · cobalt

#### Identity

- Project: Gonneville
- Commodity: cobalt
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHN

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mike Millad, Mike Job
- Resource group id: resource:34fd2164af7cc03655f9
- Deposit or zone: Sulphide \(Fresh\) – in-pit

#### Resource Data

- Category: indicated
- Tonnes: 380000000
- Grade: 0.015
- Grade Unit: %
- Contained Metal: 57
- Contained Unit: kt
- Cutoff Grade: 25
- Cutoff Unit: A$/t NSR

#### Prior Estimate

- Resource Date: 2024-04-23

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Large indicated resource for cobalt in fresh sulphide material.

- Positive factor: Indicated category provides good confidence

- Positive factor: Large tonnage

Evidence · table

> 0.015

Context: 380

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Stale Estimate**

Polarity: negative

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

Why it applies: effective date is 2.4 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-resource-facts-34)

Gonneville · palladium

#### Identity

- Project: Gonneville
- Commodity: palladium
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHN

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mike Millad, Mike Job
- Resource group id: resource:d584228ecaf962b29955
- Deposit or zone: Sulphide \(Fresh\) – in-pit

#### Resource Data

- Category: inferred
- Tonnes: 240000000
- Grade: 4.6
- Grade Unit: moz
- Contained Metal: 4.6
- Contained Unit: moz
- Cutoff Grade: 25
- Cutoff Unit: A$/t NSR

#### Prior Estimate

- Resource Date: 2024-04-23

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Large inferred resource for palladium in fresh sulphide material.

- Positive factor: Large tonnage

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 4.6

Context: 240

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Stale Estimate**

Polarity: negative

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

Why it applies: effective date is 2.4 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-resource-facts-35)

Gonneville · platinum

#### Identity

- Project: Gonneville
- Commodity: platinum
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHN

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mike Millad, Mike Job
- Resource group id: resource:d584228ecaf962b29955
- Deposit or zone: Sulphide \(Fresh\) – in-pit

#### Resource Data

- Category: inferred
- Tonnes: 240000000
- Grade: 1.1
- Grade Unit: moz
- Contained Metal: 1.1
- Contained Unit: moz
- Cutoff Grade: 25
- Cutoff Unit: A$/t NSR

#### Prior Estimate

- Resource Date: 2024-04-23

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Large inferred resource for platinum in fresh sulphide material.

- Positive factor: Large tonnage

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 1.1

Context: 240

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Stale Estimate**

Polarity: negative

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

Why it applies: effective date is 2.4 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-resource-facts-36)

Gonneville · gold

#### Identity

- Project: Gonneville
- Commodity: gold
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHN

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mike Millad, Mike Job
- Resource group id: resource:d584228ecaf962b29955
- Deposit or zone: Sulphide \(Fresh\) – in-pit

#### Resource Data

- Category: inferred
- Tonnes: 240000000
- Grade: 0.15
- Grade Unit: moz
- Contained Metal: 0.15
- Contained Unit: moz
- Cutoff Grade: 25
- Cutoff Unit: A$/t NSR

#### Prior Estimate

- Resource Date: 2024-04-23

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Large inferred resource for gold in fresh sulphide material.

- Positive factor: Large tonnage

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 0.15

Context: 240

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Stale Estimate**

Polarity: negative

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

Why it applies: effective date is 2.4 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-resource-facts-37)

Gonneville · nickel

#### Identity

- Project: Gonneville
- Commodity: nickel
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHN

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mike Millad, Mike Job
- Resource group id: resource:d584228ecaf962b29955
- Deposit or zone: Sulphide \(Fresh\) – in-pit

#### Resource Data

- Category: inferred
- Tonnes: 240000000
- Grade: 0.15
- Grade Unit: %
- Contained Metal: 350
- Contained Unit: kt
- Cutoff Grade: 25
- Cutoff Unit: A$/t NSR

#### Prior Estimate

- Resource Date: 2024-04-23

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Large inferred resource for nickel in fresh sulphide material.

- Positive factor: Large tonnage

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 0.15

Context: 240

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Stale Estimate**

Polarity: negative

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

Why it applies: effective date is 2.4 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-resource-facts-38)

Gonneville · copper

#### Identity

- Project: Gonneville
- Commodity: copper
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHN

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mike Millad, Mike Job
- Resource group id: resource:d584228ecaf962b29955
- Deposit or zone: Sulphide \(Fresh\) – in-pit

#### Resource Data

- Category: inferred
- Tonnes: 240000000
- Grade: 0.074
- Grade Unit: %
- Contained Metal: 170
- Contained Unit: kt
- Cutoff Grade: 25
- Cutoff Unit: A$/t NSR

#### Prior Estimate

- Resource Date: 2024-04-23

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Large inferred resource for copper in fresh sulphide material.

- Positive factor: Large tonnage

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 0.074

Context: 240

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Stale Estimate**

Polarity: negative

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

Why it applies: effective date is 2.4 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-resource-facts-39)

Gonneville · cobalt

#### Identity

- Project: Gonneville
- Commodity: cobalt
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHN

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mike Millad, Mike Job
- Resource group id: resource:d584228ecaf962b29955
- Deposit or zone: Sulphide \(Fresh\) – in-pit

#### Resource Data

- Category: inferred
- Tonnes: 240000000
- Grade: 0.015
- Grade Unit: %
- Contained Metal: 35
- Contained Unit: kt
- Cutoff Grade: 25
- Cutoff Unit: A$/t NSR

#### Prior Estimate

- Resource Date: 2024-04-23

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Large inferred resource for cobalt in fresh sulphide material.

- Positive factor: Large tonnage

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 0.015

Context: 240

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Stale Estimate**

Polarity: negative

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

Why it applies: effective date is 2.4 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-resource-facts-40)

Gonneville · palladium

#### Identity

- Project: Gonneville
- Commodity: palladium
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHN

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mike Millad, Mike Job
- Resource group id: resource:743c5da16697e51826da
- Deposit or zone: Sulphide \(Fresh\) – MSO

#### Resource Data

- Category: inferred
- Tonnes: 7300000
- Grade: 0.4
- Grade Unit: moz
- Contained Metal: 0.4
- Contained Unit: moz
- Cutoff Grade: 110
- Cutoff Unit: A$/t NSR

#### Prior Estimate

- Resource Date: 2024-04-23

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Inferred resource for palladium in MSO fresh sulphide material at a higher grade.

- Positive factor: Higher grade

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 0.40

Context: 7.3

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Stale Estimate**

Polarity: negative

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

Why it applies: effective date is 2.4 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-resource-facts-41)

Gonneville · platinum

#### Identity

- Project: Gonneville
- Commodity: platinum
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHN

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mike Millad, Mike Job
- Resource group id: resource:743c5da16697e51826da
- Deposit or zone: Sulphide \(Fresh\) – MSO

#### Resource Data

- Category: inferred
- Tonnes: 7300000
- Grade: 0.09
- Grade Unit: moz
- Contained Metal: 0.09
- Contained Unit: moz
- Cutoff Grade: 110
- Cutoff Unit: A$/t NSR

#### Prior Estimate

- Resource Date: 2024-04-23

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Inferred resource for platinum in MSO fresh sulphide material at a higher grade.

- Positive factor: Higher grade

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 0.09

Context: 7.3

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Stale Estimate**

Polarity: negative

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

Why it applies: effective date is 2.4 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-resource-facts-42)

Gonneville · gold

#### Identity

- Project: Gonneville
- Commodity: gold
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHN

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mike Millad, Mike Job
- Resource group id: resource:743c5da16697e51826da
- Deposit or zone: Sulphide \(Fresh\) – MSO

#### Resource Data

- Category: inferred
- Tonnes: 7300000
- Grade: 0.02
- Grade Unit: moz
- Contained Metal: 0.02
- Contained Unit: moz
- Cutoff Grade: 110
- Cutoff Unit: A$/t NSR

#### Prior Estimate

- Resource Date: 2024-04-23

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Inferred resource for gold in MSO fresh sulphide material at a higher grade.

- Positive factor: Higher grade

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 0.02

Context: 7.3

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Stale Estimate**

Polarity: negative

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

Why it applies: effective date is 2.4 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-resource-facts-43)

Gonneville · nickel

#### Identity

- Project: Gonneville
- Commodity: nickel
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHN

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mike Millad, Mike Job
- Resource group id: resource:743c5da16697e51826da
- Deposit or zone: Sulphide \(Fresh\) – MSO

#### Resource Data

- Category: inferred
- Tonnes: 7300000
- Grade: 0.16
- Grade Unit: %
- Contained Metal: 12
- Contained Unit: kt
- Cutoff Grade: 110
- Cutoff Unit: A$/t NSR

#### Prior Estimate

- Resource Date: 2024-04-23

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Inferred resource for nickel in MSO fresh sulphide material at a higher grade.

- Positive factor: Higher grade

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 0.16

Context: 7.3

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Stale Estimate**

Polarity: negative

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

Why it applies: effective date is 2.4 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-resource-facts-44)

Gonneville · copper

#### Identity

- Project: Gonneville
- Commodity: copper
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHN

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mike Millad, Mike Job
- Resource group id: resource:743c5da16697e51826da
- Deposit or zone: Sulphide \(Fresh\) – MSO

#### Resource Data

- Category: inferred
- Tonnes: 7300000
- Grade: 0.192
- Grade Unit: %
- Contained Metal: 14
- Contained Unit: kt
- Cutoff Grade: 110
- Cutoff Unit: A$/t NSR

#### Prior Estimate

- Resource Date: 2024-04-23

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Inferred resource for copper in MSO fresh sulphide material at a higher grade.

- Positive factor: Higher grade

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 0.192

Context: 7.3

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Stale Estimate**

Polarity: negative

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

Why it applies: effective date is 2.4 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-resource-facts-45)

Gonneville · cobalt

#### Identity

- Project: Gonneville
- Commodity: cobalt
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHN

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mike Millad, Mike Job
- Resource group id: resource:743c5da16697e51826da
- Deposit or zone: Sulphide \(Fresh\) – MSO

#### Resource Data

- Category: inferred
- Tonnes: 7300000
- Grade: 0.015
- Grade Unit: %
- Contained Metal: 1.1
- Contained Unit: kt
- Cutoff Grade: 110
- Cutoff Unit: A$/t NSR

#### Prior Estimate

- Resource Date: 2024-04-23

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Inferred resource for cobalt in MSO fresh sulphide material at a higher grade.

- Positive factor: Higher grade

- Negative factor: Inferred category has lower geological confidence

Evidence · table

> 0.015

Context: 7.3

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**Stale Estimate**

Polarity: negative

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

Why it applies: effective date is 2.4 years before this release

### proven

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-resource-facts-46)

Gonneville · palladium

#### Identity

- Project: Gonneville
- Commodity: palladium
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHN

#### Resource scope

- Estimate type: reserve
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Dan Donald
- Resource group id: resource:13099cbd5ec12c0b8b01

#### Resource Data

- Category: proven
- Tonnes: 2500000
- Grade: 0.087
- Grade Unit: moz
- Contained Metal: 0.087
- Contained Unit: moz

#### Prior Estimate

- Resource Date: 2025-12-08

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Maiden Proved Ore Reserve for palladium at Gonneville.

- Positive factor: Proved Reserve category provides high confidence

- Positive factor: Good palladium grade

Evidence · table

> 0.087

Context: 2.5

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

### proven

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-resource-facts-47)

Gonneville · platinum

#### Identity

- Project: Gonneville
- Commodity: platinum
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHN

#### Resource scope

- Estimate type: reserve
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Dan Donald
- Resource group id: resource:13099cbd5ec12c0b8b01

#### Resource Data

- Category: proven
- Tonnes: 2500000
- Grade: 0.018
- Grade Unit: moz
- Contained Metal: 0.018
- Contained Unit: moz

#### Prior Estimate

- Resource Date: 2025-12-08

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Maiden Proved Ore Reserve for platinum at Gonneville.

- Positive factor: Proved Reserve category provides high confidence

Evidence · table

> 0.018

Context: 2.5

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

### proven

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-resource-facts-48)

Gonneville · gold

#### Identity

- Project: Gonneville
- Commodity: gold
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHN

#### Resource scope

- Estimate type: reserve
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Dan Donald
- Resource group id: resource:13099cbd5ec12c0b8b01

#### Resource Data

- Category: proven
- Tonnes: 2500000
- Grade: 0.0024
- Grade Unit: moz
- Contained Metal: 0.0024
- Contained Unit: moz

#### Prior Estimate

- Resource Date: 2025-12-08

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Maiden Proved Ore Reserve for gold at Gonneville.

- Positive factor: Proved Reserve category provides high confidence

Evidence · table

> 0.0024

Context: 2.5

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

### proven

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-resource-facts-49)

Gonneville · nickel

#### Identity

- Project: Gonneville
- Commodity: nickel
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHN

#### Resource scope

- Estimate type: reserve
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Dan Donald
- Resource group id: resource:13099cbd5ec12c0b8b01

#### Resource Data

- Category: proven
- Tonnes: 2500000
- Grade: 0.22
- Grade Unit: %
- Contained Metal: 5.4
- Contained Unit: kt

#### Prior Estimate

- Resource Date: 2025-12-08

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Maiden Proved Ore Reserve for nickel at Gonneville.

- Positive factor: Proved Reserve category provides high confidence

- Positive factor: Good nickel grade

Evidence · table

> 0.22

Context: 2.5

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

### proven

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-resource-facts-50)

Gonneville · copper

#### Identity

- Project: Gonneville
- Commodity: copper
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHN

#### Resource scope

- Estimate type: reserve
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Dan Donald
- Resource group id: resource:13099cbd5ec12c0b8b01

#### Resource Data

- Category: proven
- Tonnes: 2500000
- Grade: 0.18
- Grade Unit: %
- Contained Metal: 4.4
- Contained Unit: kt

#### Prior Estimate

- Resource Date: 2025-12-08

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Maiden Proved Ore Reserve for copper at Gonneville.

- Positive factor: Proved Reserve category provides high confidence

- Positive factor: Good copper grade

Evidence · table

> 0.18

Context: 2.5

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

### proven

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-resource-facts-51)

Gonneville · cobalt

#### Identity

- Project: Gonneville
- Commodity: cobalt
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHN

#### Resource scope

- Estimate type: reserve
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Dan Donald
- Resource group id: resource:13099cbd5ec12c0b8b01

#### Resource Data

- Category: proven
- Tonnes: 2500000
- Grade: 0.018
- Grade Unit: %
- Contained Metal: 0.45
- Contained Unit: kt

#### Prior Estimate

- Resource Date: 2025-12-08

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Maiden Proved Ore Reserve for cobalt at Gonneville.

- Positive factor: Proved Reserve category provides high confidence

Evidence · table

> 0.018

Context: 2.5

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-resource-facts-52)

Gonneville · palladium

#### Identity

- Project: Gonneville
- Commodity: palladium
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHN

#### Resource scope

- Estimate type: reserve
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Dan Donald
- Resource group id: resource:f2cb5bd3c3eb3e43d204

#### Resource Data

- Category: probable
- Tonnes: 260000000
- Grade: 5.6
- Grade Unit: moz
- Contained Metal: 5.6
- Contained Unit: moz

#### Prior Estimate

- Resource Date: 2025-12-08

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Maiden Probable Ore Reserve for palladium at Gonneville.

- Positive factor: Probable Reserve category provides good confidence

- Positive factor: Large tonnage

- Positive factor: Good palladium grade

Evidence · table

> 5.6

Context: 260

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-resource-facts-53)

Gonneville · platinum

#### Identity

- Project: Gonneville
- Commodity: platinum
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHN

#### Resource scope

- Estimate type: reserve
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Dan Donald
- Resource group id: resource:f2cb5bd3c3eb3e43d204

#### Resource Data

- Category: probable
- Tonnes: 260000000
- Grade: 1.3
- Grade Unit: moz
- Contained Metal: 1.3
- Contained Unit: moz

#### Prior Estimate

- Resource Date: 2025-12-08

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Maiden Probable Ore Reserve for platinum at Gonneville.

- Positive factor: Probable Reserve category provides good confidence

- Positive factor: Large tonnage

Evidence · table

> 1.3

Context: 260

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-resource-facts-54)

Gonneville · gold

#### Identity

- Project: Gonneville
- Commodity: gold
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHN

#### Resource scope

- Estimate type: reserve
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Dan Donald
- Resource group id: resource:f2cb5bd3c3eb3e43d204

#### Resource Data

- Category: probable
- Tonnes: 260000000
- Grade: 0.22
- Grade Unit: moz
- Contained Metal: 0.22
- Contained Unit: moz

#### Prior Estimate

- Resource Date: 2025-12-08

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Maiden Probable Ore Reserve for gold at Gonneville.

- Positive factor: Probable Reserve category provides good confidence

- Positive factor: Large tonnage

Evidence · table

> 0.22

Context: 260

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-resource-facts-55)

Gonneville · nickel

#### Identity

- Project: Gonneville
- Commodity: nickel
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHN

#### Resource scope

- Estimate type: reserve
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Dan Donald
- Resource group id: resource:f2cb5bd3c3eb3e43d204

#### Resource Data

- Category: probable
- Tonnes: 260000000
- Grade: 0.16
- Grade Unit: %
- Contained Metal: 400
- Contained Unit: kt

#### Prior Estimate

- Resource Date: 2025-12-08

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Maiden Probable Ore Reserve for nickel at Gonneville.

- Positive factor: Probable Reserve category provides good confidence

- Positive factor: Large tonnage

- Positive factor: Good nickel grade

Evidence · table

> 0.16

Context: 260

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-resource-facts-56)

Gonneville · copper

#### Identity

- Project: Gonneville
- Commodity: copper
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHN

#### Resource scope

- Estimate type: reserve
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Dan Donald
- Resource group id: resource:f2cb5bd3c3eb3e43d204

#### Resource Data

- Category: probable
- Tonnes: 260000000
- Grade: 0.098
- Grade Unit: %
- Contained Metal: 260
- Contained Unit: kt

#### Prior Estimate

- Resource Date: 2025-12-08

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Maiden Probable Ore Reserve for copper at Gonneville.

- Positive factor: Probable Reserve category provides good confidence

- Positive factor: Large tonnage

- Positive factor: Good copper grade

Evidence · table

> 0.098

Context: 260

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/chn-annual-report-to-shareholders--6591a5c6-a8fb-4482-b628-2ed1929039c8#fact-resource-facts-57)

Gonneville · cobalt

#### Identity

- Project: Gonneville
- Commodity: cobalt
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHN

#### Resource scope

- Estimate type: reserve
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Dan Donald
- Resource group id: resource:f2cb5bd3c3eb3e43d204

#### Resource Data

- Category: probable
- Tonnes: 260000000
- Grade: 0.017
- Grade Unit: %
- Contained Metal: 43
- Contained Unit: kt

#### Prior Estimate

- Resource Date: 2025-12-08

#### Location

- Loc. Confidence: medium

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Maiden Probable Ore Reserve for cobalt at Gonneville.

- Positive factor: Probable Reserve category provides good confidence

- Positive factor: Large tonnage

Evidence · table

> 0.017

Context: 260

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

## 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.
