# CHR: Quarterly Activities/Appendix 5B Cash Flow Report

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/chr-quarterly-activities-appendix-5b-cash-flow-report--7ec2a4dd-6f3d-4470-b125-ec914d648968

Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03155667

Publisher: asx

Original announcement: 2026-10-21T22:56:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-21T23:10:08.800Z

Atlas analysis updated: 2026-10-21T23:10:08.800Z

- Company: Charger Metals NL

- Ticker: CHR

- Exchange: ASX

- Region: Western Australia

- Primary commodity: Lithium

- Secondary commodities: Tantalum, Rubidium, Iron ore

- Document categories: Metallurgy, Other, Agreement transaction, Resource update, Drill results

- Extracted: 2026-10-21 23:10:09 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Charger Metals NL reported excellent metallurgical results for its Medcalf Lithium Project, demonstrating high lithium and tantalum recoveries and grade upgrades through ore-sorting, which de-risks the project. The company also completed the sale of its Bynoe Lithium Project, significantly boosting its cash reserves to $4.23 million, enabling further exploration and studies. A 10,000m drill program is underway at Medcalf, with assays expected shortly to support resource growth.

Reasoning: Charger Metals NL reported excellent metallurgical results for its Medcalf Lithium Project, demonstrating high lithium and tantalum recoveries and grade upgrades through ore-sorting, which de-risks the project. The sale of the Bynoe Project has significantly boosted the company's cash reserves, enabling further exploration and studies. While a drill program is underway, no new assays were reported in this quarterly update.

- Positive factor: Excellent metallurgical recoveries and grade upgrades for lithium and tantalum through ore-sorting

- Positive factor: Successful ore-sorting demonstrated effective rejection of iron and mining dilution

- Positive factor: Strong cash position following the sale of the Bynoe Lithium Project

- Positive factor: Ongoing drill program aimed at resource growth

- Positive factor: Initial mining study confirms critical mass for a mine

- Negative factor: Resource estimate is a re-statement of prior results, not a new update

- Negative factor: No new drill assays reported from the ongoing drill program

Facts used in scoring: 45

## Classification and evidence

**High Recovery**

Polarity: positive

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

Why it applies: Lithium recovery of 94.9% and tantalum recovery of 97.2% from ore-sorting are at or above the exceptional band for the commodity and processing route.

Evidence · text

> The Li2O grade of 1.32% with a lithium recovery of 94.9% with a mass recovery of 72.5%.

**Recovery Improving**

Polarity: positive

Definition: Recovery improved versus a like-for-like prior test program on the same domain and route.

Why it applies: Li2O grade increased from 1.01% to 1.32% \(31% increase\) and Ta2O5 grade increased to 147ppm \(34% increase\) versus the initial composite head grade.

Evidence · text

> Li2O grade increased from 1.01% to 1.32% \(31% increase\) with 94.9% recovery.

**Pilot Scale Complete**

Polarity: positive

Definition: Pilot or demonstration plant testing completed under continuous operation.

Why it applies: Ore-sorting results were obtained from TOMRA, a provider of ore-sorting solutions from initial amenability testing to equipment sales and complete sorting lines, implying a robust test scale.

Evidence · text

> TOMRA Sorting\|Mining offers ore-sorting solutions from initial amenability testing and characterisation through to equipment sales and complete sorting lines.

**Multi-Domain Tested**

Polarity: positive

Definition: Variability across ore domains \(oxide, transition, fresh\) has been addressed.

Why it applies: In addition to the Master Composite, two variability samples were also tested, confirming the results and indicating variability across ore domains has been addressed.

Evidence · text

> A further 2 variability samples totalling 127kg were also tested on a similar basis during the quarter with results confirming the results of the Master Composite.

**Free Milling**

Polarity: positive

Definition: Simple, clean ore amenable to standard processing without oxidation.

Why it applies: The material demonstrated excellent liberation characteristics and ore-sorting successfully rejected a large percentage of total iron from the feed.

Evidence · text

> excellent liberation characteristics demonstrated by the material

**Mill Route**

Polarity: neutral

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

Why it applies: Ore-sorting is described as a pre-concentration step, typically feeding into a mill or concentrator circuit.

Evidence · text

> The Medcalf spodumene and tantalite bearing pegmatites can be used as feed to produce a lithium concentrate and a separate tantalum concentrate.

**Inferred Resource**

Polarity: negative

Story-specific tag

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

Why it applies: All reported mineral resources are classified as Inferred, which is a speculative category with limited drilling.

Evidence · text

> JORC 2012 Inferred Lithium Mineral Resource Estimates

**JORC Compliant**

Polarity: positive

Story-specific tag

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

Why it applies: The mineral resource estimate is stated to be compliant with the JORC 2012 Code.

Evidence · text

> JORC 2012 Inferred Lithium Mineral Resource Estimates

**QP/CP Signed**

Polarity: positive

Story-specific tag

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: Shaun Searle, a Member of the Australian Institute of Geoscientists, is named as the Competent Person responsible for the Mineral Resource and Exploration Target estimates.

Evidence · text

> Shaun Searle BSc. Hons \(Applied Geology\), who is a Member of the Australian Institute of Geoscientists.

**Stale Data Re-release**

Polarity: negative

Story-specific tag

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

Why it applies: The drill results for Medcalf West are explicitly stated as being from 'previous Medcalf West RC and diamond drill programmes' and refer to an ASX Announcement from 31 March 2026.

Evidence · text

> Assay results from previous Medcalf West RC and diamond drill programmes confirmed high-grade lithium mineralisation hosted by LCT \(lithium-caesium-tantalum\) pegmatites at Medcalf West3

**Gravity Route**

Polarity: neutral

Definition: Gravity separation forms a material part of the flowsheet.

Why it applies: the document describes a gravity route \("dense media separation"\)

## Extracted facts

Stored fact records: 45. Some facts used in scoring do not have a stored record.

## Drill Results (16)

### CLMRC042

[Link to this fact](https://atlas-staging.minestarters.com/news/chr-quarterly-activities-appendix-5b-cash-flow-report--7ec2a4dd-6f3d-4470-b125-ec914d648968#fact-drill-facts-29)

Medcalf West Exploration Target · lithium

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CLMRC042
- Project: Medcalf West Exploration Target
- Commodity: lithium
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: CHR

#### Geometry

- Grade: 1.46
- Grade Unit: %
- Intercept: 18 m
- From: 134 m
- To: 152 m
- Intercept Depth: 134 m

#### Classification

- Sample Type: drill
- Group ID: CLMRC042:134-152

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2026-03-31T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This is a re-statement of a historical drill intercept, providing context for the Medcalf West Exploration Target but not representing new information.

- Negative factor: Stale Data Re-release

Evidence · text

> 18m @ 1.46% Li2O &amp; 81ppm Ta from 134m CLMRC042

#### 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

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### CLMRC042

[Link to this fact](https://atlas-staging.minestarters.com/news/chr-quarterly-activities-appendix-5b-cash-flow-report--7ec2a4dd-6f3d-4470-b125-ec914d648968#fact-drill-facts-30)

Medcalf West Exploration Target · tantalum

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CLMRC042
- Project: Medcalf West Exploration Target
- Commodity: tantalum
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: CHR

#### Geometry

- Grade: 81
- Grade Unit: ppm Ta
- Intercept: 18 m
- From: 134 m
- To: 152 m
- Intercept Depth: 134 m

#### Classification

- Sample Type: drill
- Group ID: CLMRC042:134-152

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2026-03-31T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This is a re-statement of a historical drill intercept, providing context for the Medcalf West Exploration Target but not representing new information.

- Negative factor: Stale Data Re-release

Evidence · text

> 18m @ 1.46% Li2O &amp; 81ppm Ta from 134m CLMRC042

#### 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

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### CLMRC064DT

[Link to this fact](https://atlas-staging.minestarters.com/news/chr-quarterly-activities-appendix-5b-cash-flow-report--7ec2a4dd-6f3d-4470-b125-ec914d648968#fact-drill-facts-31)

Medcalf West Exploration Target · lithium

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CLMRC064DT
- Project: Medcalf West Exploration Target
- Commodity: lithium
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: CHR

#### Geometry

- Grade: 1.8
- Grade Unit: %
- Intercept: 11 m
- From: 111 m
- To: 122 m
- Intercept Depth: 111 m

#### Classification

- Sample Type: drill
- Group ID: CLMRC064DT:111-122

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2026-03-31T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This is a re-statement of a historical drill intercept, providing context for the Medcalf West Exploration Target but not representing new information.

- Negative factor: Stale Data Re-release

Evidence · text

> 11m @ 1.80% Li2O &amp; 125ppm Ta from 111m CLMRC064DT

#### 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

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### CLMRC064DT

[Link to this fact](https://atlas-staging.minestarters.com/news/chr-quarterly-activities-appendix-5b-cash-flow-report--7ec2a4dd-6f3d-4470-b125-ec914d648968#fact-drill-facts-32)

Medcalf West Exploration Target · tantalum

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CLMRC064DT
- Project: Medcalf West Exploration Target
- Commodity: tantalum
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: CHR

#### Geometry

- Grade: 125
- Grade Unit: ppm Ta
- Intercept: 11 m
- From: 111 m
- To: 122 m
- Intercept Depth: 111 m

#### Classification

- Sample Type: drill
- Group ID: CLMRC064DT:111-122

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2026-03-31T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This is a re-statement of a historical drill intercept, providing context for the Medcalf West Exploration Target but not representing new information.

- Negative factor: Stale Data Re-release

Evidence · text

> 11m @ 1.80% Li2O &amp; 125ppm Ta from 111m CLMRC064DT

#### 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

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### CLMRC064DT

[Link to this fact](https://atlas-staging.minestarters.com/news/chr-quarterly-activities-appendix-5b-cash-flow-report--7ec2a4dd-6f3d-4470-b125-ec914d648968#fact-drill-facts-33)

Medcalf West Exploration Target · lithium

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CLMRC064DT
- Project: Medcalf West Exploration Target
- Commodity: lithium
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: CHR

#### Geometry

- Grade: 1.1
- Grade Unit: %
- Intercept: 6.35 m
- From: 218 m
- To: 224.35 m
- Intercept Depth: 218 m

#### Classification

- Sample Type: drill
- Group ID: CLMRC064DT:218-224.35

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2026-03-31T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This is a re-statement of a historical drill intercept, providing context for the Medcalf West Exploration Target but not representing new information.

- Negative factor: Stale Data Re-release

Evidence · text

> 6.35m @ 1.10% Li2O &amp; 108ppm Ta from 218m CLMRC064DT

#### 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

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### CLMRC064DT

[Link to this fact](https://atlas-staging.minestarters.com/news/chr-quarterly-activities-appendix-5b-cash-flow-report--7ec2a4dd-6f3d-4470-b125-ec914d648968#fact-drill-facts-34)

Medcalf West Exploration Target · tantalum

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CLMRC064DT
- Project: Medcalf West Exploration Target
- Commodity: tantalum
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: CHR

#### Geometry

- Grade: 108
- Grade Unit: ppm Ta
- Intercept: 6.35 m
- From: 218 m
- To: 224.35 m
- Intercept Depth: 218 m

#### Classification

- Sample Type: drill
- Group ID: CLMRC064DT:218-224.35

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2026-03-31T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This is a re-statement of a historical drill intercept, providing context for the Medcalf West Exploration Target but not representing new information.

- Negative factor: Stale Data Re-release

Evidence · text

> 6.35m @ 1.10% Li2O &amp; 108ppm Ta from 218m CLMRC064DT

#### 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

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### CLMRC064DT

[Link to this fact](https://atlas-staging.minestarters.com/news/chr-quarterly-activities-appendix-5b-cash-flow-report--7ec2a4dd-6f3d-4470-b125-ec914d648968#fact-drill-facts-35)

Medcalf West Exploration Target · lithium

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CLMRC064DT
- Project: Medcalf West Exploration Target
- Commodity: lithium
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: CHR

#### Geometry

- Grade: 0.71
- Grade Unit: %
- Intercept: 4.9 m
- From: 239.1 m
- To: 244 m
- Intercept Depth: 239.1 m

#### Classification

- Sample Type: drill
- Group ID: CLMRC064DT:239.1-244

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2026-03-31T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This is a re-statement of a historical drill intercept, providing context for the Medcalf West Exploration Target but not representing new information.

- Negative factor: Stale Data Re-release

Evidence · text

> 4.9m @ 0.71% Li2O &amp; 100ppm Ta from 239.1m CLMRC064DT

#### 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

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### CLMRC064DT

[Link to this fact](https://atlas-staging.minestarters.com/news/chr-quarterly-activities-appendix-5b-cash-flow-report--7ec2a4dd-6f3d-4470-b125-ec914d648968#fact-drill-facts-36)

Medcalf West Exploration Target · tantalum

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CLMRC064DT
- Project: Medcalf West Exploration Target
- Commodity: tantalum
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: CHR

#### Geometry

- Grade: 100
- Grade Unit: ppm Ta
- Intercept: 4.9 m
- From: 239.1 m
- To: 244 m
- Intercept Depth: 239.1 m

#### Classification

- Sample Type: drill
- Group ID: CLMRC064DT:239.1-244

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2026-03-31T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This is a re-statement of a historical drill intercept, providing context for the Medcalf West Exploration Target but not representing new information.

- Negative factor: Stale Data Re-release

Evidence · text

> 4.9m @ 0.71% Li2O &amp; 100ppm Ta from 239.1m CLMRC064DT

#### 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

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### CLMRC067

[Link to this fact](https://atlas-staging.minestarters.com/news/chr-quarterly-activities-appendix-5b-cash-flow-report--7ec2a4dd-6f3d-4470-b125-ec914d648968#fact-drill-facts-37)

Medcalf West Exploration Target · lithium

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CLMRC067
- Project: Medcalf West Exploration Target
- Commodity: lithium
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: CHR

#### Geometry

- Grade: 1.21
- Grade Unit: %
- Intercept: 10 m
- From: 128 m
- To: 138 m
- Intercept Depth: 128 m

#### Classification

- Sample Type: drill
- Group ID: CLMRC067:128-138

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2026-03-31T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This is a re-statement of a historical drill intercept, providing context for the Medcalf West Exploration Target but not representing new information.

- Negative factor: Stale Data Re-release

Evidence · text

> 10.0m @ 1.21% Li2O &amp; 68ppm Ta from 128m CLMRC067

#### 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

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### CLMRC067

[Link to this fact](https://atlas-staging.minestarters.com/news/chr-quarterly-activities-appendix-5b-cash-flow-report--7ec2a4dd-6f3d-4470-b125-ec914d648968#fact-drill-facts-38)

Medcalf West Exploration Target · tantalum

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CLMRC067
- Project: Medcalf West Exploration Target
- Commodity: tantalum
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: CHR

#### Geometry

- Grade: 68
- Grade Unit: ppm Ta
- Intercept: 10 m
- From: 128 m
- To: 138 m
- Intercept Depth: 128 m

#### Classification

- Sample Type: drill
- Group ID: CLMRC067:128-138

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2026-03-31T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This is a re-statement of a historical drill intercept, providing context for the Medcalf West Exploration Target but not representing new information.

- Negative factor: Stale Data Re-release

Evidence · text

> 10.0m @ 1.21% Li2O &amp; 68ppm Ta from 128m CLMRC067

#### 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

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### CLMRC043

[Link to this fact](https://atlas-staging.minestarters.com/news/chr-quarterly-activities-appendix-5b-cash-flow-report--7ec2a4dd-6f3d-4470-b125-ec914d648968#fact-drill-facts-39)

Medcalf West Exploration Target · lithium

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CLMRC043
- Project: Medcalf West Exploration Target
- Commodity: lithium
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: CHR

#### Geometry

- Grade: 1.15
- Grade Unit: %
- Intercept: 3 m
- From: 26 m
- To: 29 m
- Intercept Depth: 26 m

#### Classification

- Sample Type: drill
- Group ID: CLMRC043:26-29

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2026-03-31T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This is a re-statement of a historical drill intercept, providing context for the Medcalf West Exploration Target but not representing new information.

- Negative factor: Stale Data Re-release

Evidence · text

> 3m @ 1.15% Li2O &amp; 72ppm Ta from 26m CLMRC043

#### 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

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### CLMRC043

[Link to this fact](https://atlas-staging.minestarters.com/news/chr-quarterly-activities-appendix-5b-cash-flow-report--7ec2a4dd-6f3d-4470-b125-ec914d648968#fact-drill-facts-40)

Medcalf West Exploration Target · tantalum

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CLMRC043
- Project: Medcalf West Exploration Target
- Commodity: tantalum
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: CHR

#### Geometry

- Grade: 72
- Grade Unit: ppm Ta
- Intercept: 3 m
- From: 26 m
- To: 29 m
- Intercept Depth: 26 m

#### Classification

- Sample Type: drill
- Group ID: CLMRC043:26-29

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2026-03-31T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This is a re-statement of a historical drill intercept, providing context for the Medcalf West Exploration Target but not representing new information.

- Negative factor: Stale Data Re-release

Evidence · text

> 3m @ 1.15% Li2O &amp; 72ppm Ta from 26m CLMRC043

#### 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

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### CLMRC043

[Link to this fact](https://atlas-staging.minestarters.com/news/chr-quarterly-activities-appendix-5b-cash-flow-report--7ec2a4dd-6f3d-4470-b125-ec914d648968#fact-drill-facts-41)

Medcalf West Exploration Target · lithium

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CLMRC043
- Project: Medcalf West Exploration Target
- Commodity: lithium
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: CHR

#### Geometry

- Grade: 1.11
- Grade Unit: %
- Intercept: 5 m
- From: 120 m
- To: 125 m
- Intercept Depth: 120 m

#### Classification

- Sample Type: drill
- Group ID: CLMRC043:120-125

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2026-03-31T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This is a re-statement of a historical drill intercept, providing context for the Medcalf West Exploration Target but not representing new information.

- Negative factor: Stale Data Re-release

Evidence · text

> 5m @ 1.11% Li2O &amp; 70ppm Ta from 120m CLMRC043

#### 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

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### CLMRC043

[Link to this fact](https://atlas-staging.minestarters.com/news/chr-quarterly-activities-appendix-5b-cash-flow-report--7ec2a4dd-6f3d-4470-b125-ec914d648968#fact-drill-facts-42)

Medcalf West Exploration Target · tantalum

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CLMRC043
- Project: Medcalf West Exploration Target
- Commodity: tantalum
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: CHR

#### Geometry

- Grade: 70
- Grade Unit: ppm Ta
- Intercept: 5 m
- From: 120 m
- To: 125 m
- Intercept Depth: 120 m

#### Classification

- Sample Type: drill
- Group ID: CLMRC043:120-125

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2026-03-31T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This is a re-statement of a historical drill intercept, providing context for the Medcalf West Exploration Target but not representing new information.

- Negative factor: Stale Data Re-release

Evidence · text

> 5m @ 1.11% Li2O &amp; 70ppm Ta from 120m CLMRC043

#### 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

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### CLMRC071

[Link to this fact](https://atlas-staging.minestarters.com/news/chr-quarterly-activities-appendix-5b-cash-flow-report--7ec2a4dd-6f3d-4470-b125-ec914d648968#fact-drill-facts-43)

Medcalf West Exploration Target · lithium

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CLMRC071
- Project: Medcalf West Exploration Target
- Commodity: lithium
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: CHR

#### Geometry

- Grade: 1.11
- Grade Unit: %
- Intercept: 4 m
- From: 92 m
- To: 96 m
- Intercept Depth: 92 m

#### Classification

- Sample Type: drill
- Group ID: CLMRC071:92-96

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2026-03-31T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This is a re-statement of a historical drill intercept, providing context for the Medcalf West Exploration Target but not representing new information.

- Negative factor: Stale Data Re-release

Evidence · text

> 4.0m @ 1.11% Li2O &amp; 100ppm Ta from 92m CLMRC071

#### 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

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### CLMRC071

[Link to this fact](https://atlas-staging.minestarters.com/news/chr-quarterly-activities-appendix-5b-cash-flow-report--7ec2a4dd-6f3d-4470-b125-ec914d648968#fact-drill-facts-44)

Medcalf West Exploration Target · tantalum

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CLMRC071
- Project: Medcalf West Exploration Target
- Commodity: tantalum
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: CHR

#### Geometry

- Grade: 100
- Grade Unit: ppm Ta
- Intercept: 4 m
- From: 92 m
- To: 96 m
- Intercept Depth: 92 m

#### Classification

- Sample Type: drill
- Group ID: CLMRC071:92-96

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2026-03-31T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This is a re-statement of a historical drill intercept, providing context for the Medcalf West Exploration Target but not representing new information.

- Negative factor: Stale Data Re-release

Evidence · text

> 4.0m @ 1.11% Li2O &amp; 100ppm Ta from 92m CLMRC071

#### 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

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

## Resource Estimates (21)

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/chr-quarterly-activities-appendix-5b-cash-flow-report--7ec2a4dd-6f3d-4470-b125-ec914d648968#fact-resource-facts-7)

Lake Johnston Lithium Project · lithium

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Lake Johnston Lithium Project
- Commodity: lithium
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHR

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Shaun Searle
- Resource group id: resource:0034ed843789ba51490a
- Deposit or zone: Medcalf Lithium Pegmatites - Weathered

#### Resource Data

- Category: inferred
- Tonnes: 310000
- Grade: 0.94
- Grade Unit: %
- Contained Metal: 2900
- Contained Unit: t
- Cutoff Grade: 0.4
- Cutoff Unit: % Li2O

#### Prior Estimate

- Resource Date: 2026-06-23

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2026-06-23T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This is a re-statement of a prior Inferred Mineral Resource for weathered lithium pegmatites, indicating low novelty but providing context for the project's overall resource.

- Positive factor: JORC Compliant

- Positive factor: QP/CP Signed

- Negative factor: Inferred Resource

- Negative factor: Stale Estimate

Evidence · table

> 0.94

Context: 0.31

#### 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

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/chr-quarterly-activities-appendix-5b-cash-flow-report--7ec2a4dd-6f3d-4470-b125-ec914d648968#fact-resource-facts-8)

Lake Johnston Lithium Project · tantalum

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Lake Johnston Lithium Project
- Commodity: tantalum
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHR

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Shaun Searle
- Resource group id: resource:0034ed843789ba51490a
- Deposit or zone: Medcalf Lithium Pegmatites - Weathered

#### Resource Data

- Category: inferred
- Tonnes: 310000
- Grade: 109
- Grade Unit: ppm
- Cutoff Grade: 65
- Cutoff Unit: ppm Ta2O5

#### Prior Estimate

- Resource Date: 2026-06-23

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2026-06-23T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This is a re-statement of a prior Inferred Mineral Resource for weathered tantalum in lithium pegmatites, indicating low novelty but providing context for the project's overall resource.

- Positive factor: JORC Compliant

- Positive factor: QP/CP Signed

- Negative factor: Inferred Resource

- Negative factor: Stale Estimate

Evidence · table

> 109

Context: 0.31

#### 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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/chr-quarterly-activities-appendix-5b-cash-flow-report--7ec2a4dd-6f3d-4470-b125-ec914d648968#fact-resource-facts-9)

Lake Johnston Lithium Project · rubidium

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Lake Johnston Lithium Project
- Commodity: rubidium
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHR

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Shaun Searle
- Resource group id: resource:0034ed843789ba51490a
- Deposit or zone: Medcalf Lithium Pegmatites - Weathered

#### Resource Data

- Category: inferred
- Tonnes: 310000
- Grade: 0.12
- Grade Unit: %
- Cutoff Grade: 0.4
- Cutoff Unit: % Li2O

#### Prior Estimate

- Resource Date: 2026-06-23

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2026-06-23T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This is a re-statement of a prior Inferred Mineral Resource for weathered rubidium in lithium pegmatites, indicating low novelty but providing context for the project's overall resource.

- Positive factor: JORC Compliant

- Positive factor: QP/CP Signed

- Negative factor: Inferred Resource

- Negative factor: Stale Estimate

Evidence · table

> 0.12

Context: 0.31

#### 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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/chr-quarterly-activities-appendix-5b-cash-flow-report--7ec2a4dd-6f3d-4470-b125-ec914d648968#fact-resource-facts-10)

Lake Johnston Lithium Project · lithium

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Lake Johnston Lithium Project
- Commodity: lithium
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHR

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Shaun Searle
- Resource group id: resource:ee1b6066fa2da2b33361
- Deposit or zone: Medcalf Lithium Pegmatites - Primary

#### Resource Data

- Category: inferred
- Tonnes: 10300000
- Grade: 1
- Grade Unit: %
- Contained Metal: 103000
- Contained Unit: t
- Cutoff Grade: 0.4
- Cutoff Unit: % Li2O

#### Prior Estimate

- Resource Date: 2026-06-23

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2026-06-23T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This is a re-statement of a prior Inferred Mineral Resource for primary lithium pegmatites, indicating low novelty but providing context for the project's overall resource.

- Positive factor: JORC Compliant

- Positive factor: QP/CP Signed

- Negative factor: Inferred Resource

- Negative factor: Stale Estimate

Evidence · table

> 1.00

Context: 10.3

#### 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

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/chr-quarterly-activities-appendix-5b-cash-flow-report--7ec2a4dd-6f3d-4470-b125-ec914d648968#fact-resource-facts-11)

Lake Johnston Lithium Project · tantalum

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Lake Johnston Lithium Project
- Commodity: tantalum
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHR

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Shaun Searle
- Resource group id: resource:ee1b6066fa2da2b33361
- Deposit or zone: Medcalf Lithium Pegmatites - Primary

#### Resource Data

- Category: inferred
- Tonnes: 10300000
- Grade: 107
- Grade Unit: ppm
- Cutoff Grade: 65
- Cutoff Unit: ppm Ta2O5

#### Prior Estimate

- Resource Date: 2026-06-23

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2026-06-23T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This is a re-statement of a prior Inferred Mineral Resource for primary tantalum in lithium pegmatites, indicating low novelty but providing context for the project's overall resource.

- Positive factor: JORC Compliant

- Positive factor: QP/CP Signed

- Negative factor: Inferred Resource

- Negative factor: Stale Estimate

Evidence · table

> 107

Context: 10.3

#### 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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/chr-quarterly-activities-appendix-5b-cash-flow-report--7ec2a4dd-6f3d-4470-b125-ec914d648968#fact-resource-facts-12)

Lake Johnston Lithium Project · rubidium

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Lake Johnston Lithium Project
- Commodity: rubidium
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHR

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Shaun Searle
- Resource group id: resource:ee1b6066fa2da2b33361
- Deposit or zone: Medcalf Lithium Pegmatites - Primary

#### Resource Data

- Category: inferred
- Tonnes: 10300000
- Grade: 0.13
- Grade Unit: %
- Cutoff Grade: 0.4
- Cutoff Unit: % Li2O

#### Prior Estimate

- Resource Date: 2026-06-23

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2026-06-23T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This is a re-statement of a prior Inferred Mineral Resource for primary rubidium in lithium pegmatites, indicating low novelty but providing context for the project's overall resource.

- Positive factor: JORC Compliant

- Positive factor: QP/CP Signed

- Negative factor: Inferred Resource

- Negative factor: Stale Estimate

Evidence · table

> 0.13

Context: 10.3

#### 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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/chr-quarterly-activities-appendix-5b-cash-flow-report--7ec2a4dd-6f3d-4470-b125-ec914d648968#fact-resource-facts-13)

Lake Johnston Lithium Project · lithium

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Lake Johnston Lithium Project
- Commodity: lithium
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHR

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Shaun Searle
- Resource group id: resource:d7bf47e22e12f2124eb1
- Deposit or zone: Medcalf Lithium Pegmatites - Total

#### Resource Data

- Category: inferred
- Tonnes: 10600000
- Grade: 1
- Grade Unit: %
- Contained Metal: 106000
- Contained Unit: t
- Cutoff Grade: 0.4
- Cutoff Unit: % Li2O

#### Prior Estimate

- Resource Date: 2026-06-23

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2026-06-23T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This is a re-statement of a prior Inferred Mineral Resource for total lithium pegmatites, indicating low novelty but providing context for the project's overall resource.

- Positive factor: JORC Compliant

- Positive factor: QP/CP Signed

- Negative factor: Inferred Resource

- Negative factor: Stale Estimate

Evidence · table

> 1.00

Context: 10.6

#### 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

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/chr-quarterly-activities-appendix-5b-cash-flow-report--7ec2a4dd-6f3d-4470-b125-ec914d648968#fact-resource-facts-14)

Lake Johnston Lithium Project · tantalum

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Lake Johnston Lithium Project
- Commodity: tantalum
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHR

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Shaun Searle
- Resource group id: resource:d7bf47e22e12f2124eb1
- Deposit or zone: Medcalf Lithium Pegmatites - Total

#### Resource Data

- Category: inferred
- Tonnes: 10600000
- Grade: 107
- Grade Unit: ppm
- Cutoff Grade: 65
- Cutoff Unit: ppm Ta2O5

#### Prior Estimate

- Resource Date: 2026-06-23

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2026-06-23T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This is a re-statement of a prior Inferred Mineral Resource for total tantalum in lithium pegmatites, indicating low novelty but providing context for the project's overall resource.

- Positive factor: JORC Compliant

- Positive factor: QP/CP Signed

- Negative factor: Inferred Resource

- Negative factor: Stale Estimate

Evidence · table

> 107

Context: 10.6

#### 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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/chr-quarterly-activities-appendix-5b-cash-flow-report--7ec2a4dd-6f3d-4470-b125-ec914d648968#fact-resource-facts-15)

Lake Johnston Lithium Project · rubidium

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Lake Johnston Lithium Project
- Commodity: rubidium
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHR

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Shaun Searle
- Resource group id: resource:d7bf47e22e12f2124eb1
- Deposit or zone: Medcalf Lithium Pegmatites - Total

#### Resource Data

- Category: inferred
- Tonnes: 10600000
- Grade: 0.13
- Grade Unit: %
- Cutoff Grade: 0.4
- Cutoff Unit: % Li2O

#### Prior Estimate

- Resource Date: 2026-06-23

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2026-06-23T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This is a re-statement of a prior Inferred Mineral Resource for total rubidium in lithium pegmatites, indicating low novelty but providing context for the project's overall resource.

- Positive factor: JORC Compliant

- Positive factor: QP/CP Signed

- Negative factor: Inferred Resource

- Negative factor: Stale Estimate

Evidence · table

> 0.13

Context: 10.6

#### 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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/chr-quarterly-activities-appendix-5b-cash-flow-report--7ec2a4dd-6f3d-4470-b125-ec914d648968#fact-resource-facts-16)

Lake Johnston Lithium Project · lithium

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Lake Johnston Lithium Project
- Commodity: lithium
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHR

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Shaun Searle
- Resource group id: resource:c55088ecc6bf625a69ee
- Deposit or zone: Medcalf Tantalum Pegmatites - Weathered

#### Resource Data

- Category: inferred
- Tonnes: 100000
- Grade: 0.12
- Grade Unit: %
- Contained Metal: 200
- Contained Unit: t
- Cutoff Grade: 0.4
- Cutoff Unit: % Li2O

#### Prior Estimate

- Resource Date: 2026-06-23

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2026-06-23T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This is a re-statement of a prior Inferred Mineral Resource for weathered lithium in tantalum pegmatites, indicating low novelty but providing context for the project's overall resource.

- Positive factor: JORC Compliant

- Positive factor: QP/CP Signed

- Negative factor: Inferred Resource

- Negative factor: Stale Estimate

Evidence · table

> 0.12

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

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/chr-quarterly-activities-appendix-5b-cash-flow-report--7ec2a4dd-6f3d-4470-b125-ec914d648968#fact-resource-facts-17)

Lake Johnston Lithium Project · tantalum

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Lake Johnston Lithium Project
- Commodity: tantalum
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHR

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Shaun Searle
- Resource group id: resource:c55088ecc6bf625a69ee
- Deposit or zone: Medcalf Tantalum Pegmatites - Weathered

#### Resource Data

- Category: inferred
- Tonnes: 100000
- Grade: 136
- Grade Unit: ppm
- Cutoff Grade: 65
- Cutoff Unit: ppm Ta2O5

#### Prior Estimate

- Resource Date: 2026-06-23

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2026-06-23T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This is a re-statement of a prior Inferred Mineral Resource for weathered tantalum in tantalum pegmatites, indicating low novelty but providing context for the project's overall resource.

- Positive factor: JORC Compliant

- Positive factor: QP/CP Signed

- Negative factor: Inferred Resource

- Negative factor: Stale Estimate

Evidence · table

> 136

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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/chr-quarterly-activities-appendix-5b-cash-flow-report--7ec2a4dd-6f3d-4470-b125-ec914d648968#fact-resource-facts-18)

Lake Johnston Lithium Project · rubidium

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Lake Johnston Lithium Project
- Commodity: rubidium
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHR

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Shaun Searle
- Resource group id: resource:c55088ecc6bf625a69ee
- Deposit or zone: Medcalf Tantalum Pegmatites - Weathered

#### Resource Data

- Category: inferred
- Tonnes: 100000
- Grade: 0.06
- Grade Unit: %
- Cutoff Grade: 0.4
- Cutoff Unit: % Li2O

#### Prior Estimate

- Resource Date: 2026-06-23

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2026-06-23T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This is a re-statement of a prior Inferred Mineral Resource for weathered rubidium in tantalum pegmatites, indicating low novelty but providing context for the project's overall resource.

- Positive factor: JORC Compliant

- Positive factor: QP/CP Signed

- Negative factor: Inferred Resource

- Negative factor: Stale Estimate

Evidence · table

> 0.06

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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/chr-quarterly-activities-appendix-5b-cash-flow-report--7ec2a4dd-6f3d-4470-b125-ec914d648968#fact-resource-facts-19)

Lake Johnston Lithium Project · lithium

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Lake Johnston Lithium Project
- Commodity: lithium
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHR

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Shaun Searle
- Resource group id: resource:f4460cca6902355b6e58
- Deposit or zone: Medcalf Tantalum Pegmatites - Primary

#### Resource Data

- Category: inferred
- Tonnes: 2000000
- Grade: 0.24
- Grade Unit: %
- Contained Metal: 5000
- Contained Unit: t
- Cutoff Grade: 0.4
- Cutoff Unit: % Li2O

#### Prior Estimate

- Resource Date: 2026-06-23

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2026-06-23T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This is a re-statement of a prior Inferred Mineral Resource for primary lithium in tantalum pegmatites, indicating low novelty but providing context for the project's overall resource.

- Positive factor: JORC Compliant

- Positive factor: QP/CP Signed

- Negative factor: Inferred Resource

- Negative factor: Stale Estimate

Evidence · table

> 0.24

Context: 2.0

#### 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

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/chr-quarterly-activities-appendix-5b-cash-flow-report--7ec2a4dd-6f3d-4470-b125-ec914d648968#fact-resource-facts-20)

Lake Johnston Lithium Project · tantalum

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Lake Johnston Lithium Project
- Commodity: tantalum
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHR

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Shaun Searle
- Resource group id: resource:f4460cca6902355b6e58
- Deposit or zone: Medcalf Tantalum Pegmatites - Primary

#### Resource Data

- Category: inferred
- Tonnes: 2000000
- Grade: 132
- Grade Unit: ppm
- Contained Metal: 5000
- Contained Unit: t
- Cutoff Grade: 65
- Cutoff Unit: ppm Ta2O5

#### Prior Estimate

- Resource Date: 2026-06-23

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2026-06-23T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This is a re-statement of a prior Inferred Mineral Resource for primary tantalum in tantalum pegmatites, indicating low novelty but providing context for the project's overall resource.

- Positive factor: JORC Compliant

- Positive factor: QP/CP Signed

- Negative factor: Inferred Resource

- Negative factor: Stale Estimate

Evidence · table

> 132

Context: 2.0

#### 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

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/chr-quarterly-activities-appendix-5b-cash-flow-report--7ec2a4dd-6f3d-4470-b125-ec914d648968#fact-resource-facts-21)

Lake Johnston Lithium Project · rubidium

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Lake Johnston Lithium Project
- Commodity: rubidium
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHR

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Shaun Searle
- Resource group id: resource:f4460cca6902355b6e58
- Deposit or zone: Medcalf Tantalum Pegmatites - Primary

#### Resource Data

- Category: inferred
- Tonnes: 2000000
- Grade: 0.09
- Grade Unit: %
- Cutoff Grade: 0.4
- Cutoff Unit: % Li2O

#### Prior Estimate

- Resource Date: 2026-06-23

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2026-06-23T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This is a re-statement of a prior Inferred Mineral Resource for primary rubidium in tantalum pegmatites, indicating low novelty but providing context for the project's overall resource.

- Positive factor: JORC Compliant

- Positive factor: QP/CP Signed

- Negative factor: Inferred Resource

- Negative factor: Stale Estimate

Evidence · table

> 0.09

Context: 2.0

#### 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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/chr-quarterly-activities-appendix-5b-cash-flow-report--7ec2a4dd-6f3d-4470-b125-ec914d648968#fact-resource-facts-22)

Lake Johnston Lithium Project · lithium

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Lake Johnston Lithium Project
- Commodity: lithium
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHR

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Shaun Searle
- Resource group id: resource:82390d9af19ef7169c5d
- Deposit or zone: Medcalf Tantalum Pegmatites - Total

#### Resource Data

- Category: inferred
- Tonnes: 2200000
- Grade: 0.23
- Grade Unit: %
- Contained Metal: 5000
- Contained Unit: t
- Cutoff Grade: 0.4
- Cutoff Unit: % Li2O

#### Prior Estimate

- Resource Date: 2026-06-23

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2026-06-23T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This is a re-statement of a prior Inferred Mineral Resource for total lithium in tantalum pegmatites, indicating low novelty but providing context for the project's overall resource.

- Positive factor: JORC Compliant

- Positive factor: QP/CP Signed

- Negative factor: Inferred Resource

- Negative factor: Stale Estimate

Evidence · table

> 0.23

Context: 2.2

#### 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

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/chr-quarterly-activities-appendix-5b-cash-flow-report--7ec2a4dd-6f3d-4470-b125-ec914d648968#fact-resource-facts-23)

Lake Johnston Lithium Project · tantalum

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Lake Johnston Lithium Project
- Commodity: tantalum
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHR

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Shaun Searle
- Resource group id: resource:82390d9af19ef7169c5d
- Deposit or zone: Medcalf Tantalum Pegmatites - Total

#### Resource Data

- Category: inferred
- Tonnes: 2200000
- Grade: 132
- Grade Unit: ppm
- Contained Metal: 5000
- Contained Unit: t
- Cutoff Grade: 65
- Cutoff Unit: ppm Ta2O5

#### Prior Estimate

- Resource Date: 2026-06-23

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2026-06-23T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This is a re-statement of a prior Inferred Mineral Resource for total tantalum in tantalum pegmatites, indicating low novelty but providing context for the project's overall resource.

- Positive factor: JORC Compliant

- Positive factor: QP/CP Signed

- Negative factor: Inferred Resource

- Negative factor: Stale Estimate

Evidence · table

> 132

Context: 2.2

#### 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

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/chr-quarterly-activities-appendix-5b-cash-flow-report--7ec2a4dd-6f3d-4470-b125-ec914d648968#fact-resource-facts-24)

Lake Johnston Lithium Project · rubidium

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Lake Johnston Lithium Project
- Commodity: rubidium
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHR

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Shaun Searle
- Resource group id: resource:82390d9af19ef7169c5d
- Deposit or zone: Medcalf Tantalum Pegmatites - Total

#### Resource Data

- Category: inferred
- Tonnes: 2200000
- Grade: 0.09
- Grade Unit: %
- Cutoff Grade: 0.4
- Cutoff Unit: % Li2O

#### Prior Estimate

- Resource Date: 2026-06-23

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2026-06-23T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This is a re-statement of a prior Inferred Mineral Resource for total rubidium in tantalum pegmatites, indicating low novelty but providing context for the project's overall resource.

- Positive factor: JORC Compliant

- Positive factor: QP/CP Signed

- Negative factor: Inferred Resource

- Negative factor: Stale Estimate

Evidence · table

> 0.09

Context: 2.2

#### 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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/chr-quarterly-activities-appendix-5b-cash-flow-report--7ec2a4dd-6f3d-4470-b125-ec914d648968#fact-resource-facts-25)

Lake Johnston Lithium Project · lithium

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Lake Johnston Lithium Project
- Commodity: lithium
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHR

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Shaun Searle
- Resource group id: resource:b9d919fe6065cbba86e0
- Deposit or zone: Total MRE

#### Resource Data

- Category: inferred
- Tonnes: 12800000
- Grade: 0.87
- Grade Unit: %
- Contained Metal: 111000
- Contained Unit: t
- Cutoff Grade: 0.4
- Cutoff Unit: % Li2O

#### Prior Estimate

- Resource Date: 2026-06-23

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2026-06-23T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This is a re-statement of a prior Inferred Mineral Resource for the total MRE, indicating low novelty but providing context for the project's overall resource.

- Positive factor: JORC Compliant

- Positive factor: QP/CP Signed

- Negative factor: Inferred Resource

- Negative factor: Stale Estimate

Evidence · table

> 0.87

Context: 12.8

#### 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

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/chr-quarterly-activities-appendix-5b-cash-flow-report--7ec2a4dd-6f3d-4470-b125-ec914d648968#fact-resource-facts-26)

Lake Johnston Lithium Project · tantalum

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Lake Johnston Lithium Project
- Commodity: tantalum
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHR

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Shaun Searle
- Resource group id: resource:b9d919fe6065cbba86e0
- Deposit or zone: Total MRE

#### Resource Data

- Category: inferred
- Tonnes: 12800000
- Grade: 112
- Grade Unit: ppm
- Cutoff Grade: 65
- Cutoff Unit: ppm Ta2O5

#### Prior Estimate

- Resource Date: 2026-06-23

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2026-06-23T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This is a re-statement of a prior Inferred Mineral Resource for total tantalum in the MRE, indicating low novelty but providing context for the project's overall resource.

- Positive factor: JORC Compliant

- Positive factor: QP/CP Signed

- Negative factor: Inferred Resource

- Negative factor: Stale Estimate

Evidence · table

> 112

Context: 12.8

#### 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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/chr-quarterly-activities-appendix-5b-cash-flow-report--7ec2a4dd-6f3d-4470-b125-ec914d648968#fact-resource-facts-27)

Lake Johnston Lithium Project · rubidium

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Lake Johnston Lithium Project
- Commodity: rubidium
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHR

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Shaun Searle
- Resource group id: resource:b9d919fe6065cbba86e0
- Deposit or zone: Total MRE

#### Resource Data

- Category: inferred
- Tonnes: 12800000
- Grade: 0.12
- Grade Unit: %
- Cutoff Grade: 0.4
- Cutoff Unit: % Li2O

#### Prior Estimate

- Resource Date: 2026-06-23

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2026-06-23T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: This is a re-statement of a prior Inferred Mineral Resource for total rubidium in the MRE, indicating low novelty but providing context for the project's overall resource.

- Positive factor: JORC Compliant

- Positive factor: QP/CP Signed

- Negative factor: Inferred Resource

- Negative factor: Stale Estimate

Evidence · table

> 0.12

Context: 12.8

#### 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

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

## Metallurgical Results (8)

### ore-sorting

[Link to this fact](https://atlas-staging.minestarters.com/news/chr-quarterly-activities-appendix-5b-cash-flow-report--7ec2a4dd-6f3d-4470-b125-ec914d648968#fact-metallurgical-facts-0)

Lake Johnston Lithium Project · lithium

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Lake Johnston Lithium Project
- Commodity: lithium
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHR

#### Test Work

- Program Status: preliminary
- Test Type: ore-sorting
- Processing Route: crushing, screening, ore-sorting
- Sample: Master Composite \(overall combined product including -10mm fines\)

#### Recovery

- Recovery: 94.9 %
- Recovery Basis: actual\_test
- Head Grade: 1.01
- Head Grade Unit: % Li2O
- Conc. Grade: 1.32
- Conc. Grade Unit: % Li2O
- Mass Pull: 72.5 %

#### Lab

- Laboratory: Independent Metallurgical Operations and TOMRA
- Consultant: Alex Borger

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2026-07-02T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: Excellent lithium recovery of 94.9% and grade upgrade to 1.32% Li2O from 1.01% Li2O head grade, achieved through ore-sorting, indicating strong metallurgical performance and de-risking for the project.

- Positive factor: High Recovery

- Positive factor: Recovery Improving

- Positive factor: Pilot Scale Complete

- Positive factor: Free Milling

Evidence · text

> The Li2O grade of 1.32% with a lithium recovery of 94.9% with a mass recovery of 72.5%.

#### Tags used in scoring

**High Recovery**

Polarity: positive

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

Why it applies: 94.9% is at or above the exceptional band \(80%\)

### ore-sorting

[Link to this fact](https://atlas-staging.minestarters.com/news/chr-quarterly-activities-appendix-5b-cash-flow-report--7ec2a4dd-6f3d-4470-b125-ec914d648968#fact-metallurgical-facts-1)

Lake Johnston Lithium Project · tantalum

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Lake Johnston Lithium Project
- Commodity: tantalum
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHR

#### Test Work

- Program Status: preliminary
- Test Type: ore-sorting
- Processing Route: crushing, screening, ore-sorting
- Sample: Master Composite \(overall combined product including -10mm fines\)

#### Recovery

- Recovery: 97.2 %
- Recovery Basis: actual\_test
- Head Grade: 109
- Head Grade Unit: ppm Ta2O5
- Conc. Grade: 147
- Conc. Grade Unit: ppm Ta2O5
- Mass Pull: 72.5 %

#### Lab

- Laboratory: Independent Metallurgical Operations and TOMRA
- Consultant: Alex Borger

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2026-07-02T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: Excellent tantalum recovery of 97.2% and grade upgrade to 147ppm Ta2O5, achieved through ore-sorting, indicating strong metallurgical performance for a valuable byproduct.

- Positive factor: High Recovery

- Positive factor: Recovery Improving

- Positive factor: Pilot Scale Complete

Evidence · text

> The Ta2O5 grade increased to 147ppm with recovery of 97.2% of the tantalum oxide.

### ore-sorting

[Link to this fact](https://atlas-staging.minestarters.com/news/chr-quarterly-activities-appendix-5b-cash-flow-report--7ec2a4dd-6f3d-4470-b125-ec914d648968#fact-metallurgical-facts-2)

Lake Johnston Lithium Project · lithium

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Lake Johnston Lithium Project
- Commodity: lithium
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHR

#### Test Work

- Program Status: preliminary
- Test Type: ore-sorting
- Processing Route: crushing, screening, ore-sorting
- Sample: Combined +10mm and +25mm concentrate

#### Recovery

- Recovery: 78.4 %
- Recovery Basis: actual\_test
- Conc. Grade: 1.37
- Conc. Grade Unit: % Li2O
- Mass Pull: 57.7 %

#### Lab

- Laboratory: Independent Metallurgical Operations and TOMRA
- Consultant: Alex Borger

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2026-07-02T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: Strong lithium concentrate grade of 1.37% Li2O with 78.4% recovery from the coarser ore-sorted fraction, demonstrating effective pre-concentration.

- Positive factor: High Recovery

- Positive factor: Pilot Scale Complete

- Positive factor: Free Milling

Evidence · text

> Combined +10mm and +25mm concentrate achieved grades of 1.37% Li2O and 159ppm Ta2O5. This accounted for ~58% of the overall mass with recoveries of 78.4% and 83.6% respectively.

### ore-sorting

[Link to this fact](https://atlas-staging.minestarters.com/news/chr-quarterly-activities-appendix-5b-cash-flow-report--7ec2a4dd-6f3d-4470-b125-ec914d648968#fact-metallurgical-facts-3)

Lake Johnston Lithium Project · tantalum

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Lake Johnston Lithium Project
- Commodity: tantalum
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHR

#### Test Work

- Program Status: preliminary
- Test Type: ore-sorting
- Processing Route: crushing, screening, ore-sorting
- Sample: Combined +10mm and +25mm concentrate

#### Recovery

- Recovery: 83.6 %
- Recovery Basis: actual\_test
- Conc. Grade: 159
- Conc. Grade Unit: ppm Ta2O5
- Mass Pull: 57.7 %

#### Lab

- Laboratory: Independent Metallurgical Operations and TOMRA
- Consultant: Alex Borger

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2026-07-02T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: Strong tantalum concentrate grade of 159ppm Ta2O5 with 83.6% recovery from the coarser ore-sorted fraction, indicating effective pre-concentration for a valuable byproduct.

- Positive factor: High Recovery

- Positive factor: Pilot Scale Complete

Evidence · text

> Combined +10mm and +25mm concentrate achieved grades of 1.37% Li2O and 159ppm Ta2O5. This accounted for ~58% of the overall mass with recoveries of 78.4% and 83.6% respectively.

### magnetic separation

[Link to this fact](https://atlas-staging.minestarters.com/news/chr-quarterly-activities-appendix-5b-cash-flow-report--7ec2a4dd-6f3d-4470-b125-ec914d648968#fact-metallurgical-facts-4)

Lake Johnston Lithium Project · lithium

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Lake Johnston Lithium Project
- Commodity: lithium
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHR

#### Test Work

- Program Status: preliminary
- Test Type: magnetic separation
- Processing Route: magnetic separation
- Sample: -10mm material from Master Composite and two Variability Composites

#### Recovery

- Recovery: 96.9 %
- Recovery Basis: actual\_test
- Head Grade: 1.24
- Head Grade Unit: % Li2O
- Conc. Grade: 1.48
- Conc. Grade Unit: % Li2O

#### Lab

- Laboratory: Independent Metallurgical Operations and TOMRA
- Consultant: Alex Borger

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2026-07-02T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: High lithium recovery of 96.9% and grade upgrade to 1.48% Li2O from 1.24% Li2O head grade through magnetic separation on the fines fraction, indicating further processing potential.

- Positive factor: High Recovery

- Positive factor: Recovery Improving

Evidence · text

> the test showed that, in the non-magnetic stream, Li2O recovery was 96.9% at a grade of 1.48% Li2O \(magnetic separation feed head grade of 1.24% Li2O\), an upgrade factor of 19%

#### Tags used in scoring

**High Recovery**

Polarity: positive

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

Why it applies: 96.9% is at or above the exceptional band \(80%\)

### magnetic separation

[Link to this fact](https://atlas-staging.minestarters.com/news/chr-quarterly-activities-appendix-5b-cash-flow-report--7ec2a4dd-6f3d-4470-b125-ec914d648968#fact-metallurgical-facts-5)

Lake Johnston Lithium Project · iron\_ore

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Lake Johnston Lithium Project
- Commodity: iron\_ore
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHR

#### Test Work

- Program Status: preliminary
- Test Type: magnetic separation
- Processing Route: magnetic separation
- Sample: -10mm material from Master Composite and two Variability Composites

#### Recovery

- Recovery Basis: actual\_test
- Tailings Grade: 10.8
- Tailings Grade Unit: % Fe
- Mass Pull: 18.55 %

#### Lab

- Laboratory: Independent Metallurgical Operations and TOMRA
- Consultant: Alex Borger

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2026-07-02T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: Effective iron rejection demonstrated by 18.55% mass reporting to tails with 10.8% Fe grade during magnetic separation, which is positive for concentrate quality.

- Positive factor: Free Milling

Evidence · text

> 18.55% of the mass reported to the tails \(magnetic product\) with ~59.8% of the iron at a grade of 10.8% Fe showing iron rejection was effective.

### CWi testing

[Link to this fact](https://atlas-staging.minestarters.com/news/chr-quarterly-activities-appendix-5b-cash-flow-report--7ec2a4dd-6f3d-4470-b125-ec914d648968#fact-metallurgical-facts-6)

Lake Johnston Lithium Project · lithium

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Lake Johnston Lithium Project
- Commodity: lithium
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CHR

#### Test Work

- Test Type: CWi testing
- Processing Route: crushing
- Sample: Master Composite

#### Reagents

- Reagent Notes: average crushing work index to be 7.55 kWh/tonne and abrasion index of 0.302

#### Lab

- Laboratory: Independent Metallurgical Operations
- Consultant: Alex Borger

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2026-07-02T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: Crushing work index of 7.55 kWh/tonne and abrasion index of 0.302 are in the moderate range, indicating manageable comminution characteristics for the ore.

Evidence · text

> The results show the average crushing work index to be 7.55 kWh/tonne and abrasion index of 0.302 which are in the moderate range.

### Fact 8

[Link to this fact](https://atlas-staging.minestarters.com/news/chr-quarterly-activities-appendix-5b-cash-flow-report--7ec2a4dd-6f3d-4470-b125-ec914d648968#fact-metallurgical-facts-28)

Bynoe Lithium Project

#### Identity

- Project: Bynoe Lithium Project
- Region: australia\_nt
- Reported Region: Northern Territory
- Ticker: CHR

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: The sale of the Bynoe Lithium Project for $3.752 million cash significantly boosts the company's funding for ongoing activities, while retaining future upside through milestone and royalty considerations.

- Positive factor: Significant cash injection

- Positive factor: Maintains exposure to exploration and development success through royalty and milestone payments

Evidence · text

> $3,752,000 cash received 17 July 2026

## 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.
