# CMG: Lindfield PFS Mine Plan Area Fully Secured Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/cmg-lindfield-pfs-mine-plan-area-fully-secured--94ea30c7-b6de-4f1b-89aa-9fe3f98932b5 Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03154072 Publisher: asx Original announcement: 2026-10-19T03:27:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-19T04:08:27.156Z Atlas analysis updated: 2026-10-19T04:08:27.156Z - Company: Critical Minerals Group Limited - Ticker: CMG - Exchange: ASX - Region: north-western Queensland - Primary commodity: Vanadium - Secondary commodities: None reported - Document categories: Permitting, Resource update - Extracted: 2026-10-19 04:08:27 UTC Narrative sentiment: 1.00 · Bullish ## Minestarters Atlas summary Critical Minerals Group has secured approval to add previously excluded land to its EPM 27872 permit, fully encompassing the Lindfield Vanadium Project's PFS mine plan. This resolves a high-rated risk regarding overlapping tenure and allows the company to proceed with Environmental Impact Statement and Mining Lease applications. Reasoning: The approval of previously excluded land resolves a high-rated risk that threatened 20% of the PFS mine plan, significantly de-risking the project's development path. - Positive factor: Resolution of high-rated resource risk - Positive factor: Securing 20% of mineralised material previously excluded - Positive factor: Enables commencement of major project approvals \(EIS, Mining Lease\) - Positive factor: Allows DFS drilling to include the newly secured area Facts used in scoring: 2 ## Classification and evidence **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: Adrian Buck, a Member of AusIMM, is named as the Competent Person. Evidence · text > Adrian Buck, a Competent Person who is a Member of the Australasian Institute of Mining and Metallurgy \(AusIMM\). **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: The announcement explicitly references the 2012 Edition of the JORC Code. Evidence · text > as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’ \(JORC Code\). ## Extracted facts Stored fact records: 2. Some facts used in scoring do not have a stored record. ## Resource Estimates (2) ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/cmg-lindfield-pfs-mine-plan-area-fully-secured--94ea30c7-b6de-4f1b-89aa-9fe3f98932b5#fact-resource-facts-0) Lindfield Vanadium Project · vanadium Historical result Needs review: historical\_restatement #### Identity - Project: Lindfield Vanadium Project - Commodity: vanadium - Region: australia\_qld - Reported Region: north-western Queensland - Ticker: CMG #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Adrian Buck - Resource group id: resource:9dbd05ec0f20411fbd73 - Resource basis: gross #### Resource Data - Category: indicated - Tonnes: 491000000 - Grade: 0.32 - Grade Unit: % V₂O₅ #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2024-05-10T00:00:00.000Z #### Dates - Event date: 2026-10-19T00:00:00.000Z Reasoning: The resource figures are restated for context and are not new assays. Evidence · text > MRE of 713 Mt at 0.32% V₂O₅, comprising an Indicated Mineral Resource of 491 Mt at 0.32% V₂O₅ and an Inferred Mineral Resource of 222 Mt at 0.31% V₂O₅ #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **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 **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.4 years before this release ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/cmg-lindfield-pfs-mine-plan-area-fully-secured--94ea30c7-b6de-4f1b-89aa-9fe3f98932b5#fact-resource-facts-1) Lindfield Vanadium Project · vanadium Historical result Needs review: historical\_restatement #### Identity - Project: Lindfield Vanadium Project - Commodity: vanadium - Region: australia\_qld - Reported Region: north-western Queensland - Ticker: CMG #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Adrian Buck - Resource group id: resource:3fc607435a54bbf299be - Resource basis: gross #### Resource Data - Category: inferred - Tonnes: 222000000 - Grade: 0.31 - Grade Unit: % V₂O₅ #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2024-05-10T00:00:00.000Z #### Dates - Event date: 2026-10-19T00:00:00.000Z Reasoning: The resource figures are restated for context and are not new assays. Evidence · text > MRE of 713 Mt at 0.32% V₂O₅, comprising an Indicated Mineral Resource of 491 Mt at 0.32% V₂O₅ and an Inferred Mineral Resource of 222 Mt at 0.31% V₂O₅ #### 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **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 **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.4 years before this release ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.