# CRI: October 2026 Ignite Investment Summit Investor Presentation

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/cri-october-2026-ignite-investment-summit-investor-presentation--96f2274a-4ed3-4cc2-8f4d-2739cd9b527d

Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03151938

Publisher: asx

Original announcement: 2026-10-13T21:19:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-13T22:39:32.681Z

Atlas analysis updated: 2026-10-13T22:39:32.681Z

- Company: Critica Limited

- Ticker: CRI

- Exchange: ASX

- Region: Unavailable

- Primary commodity: Rare earths

- Secondary commodities: Tungsten, Tin, Yttrium, Gallium, Scandium, Iron ore, Praseodymium oxide, Neodymium oxide, Terbium oxide, Dysprosium oxide

- Document categories: Resource update, Other, Metallurgy

- Extracted: 2026-10-13 22:39:33 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Critica Limited presented strong economic results from a Scoping Study for its Mt Lindsay Tungsten-Tin Project, demonstrating a post-tax NPV of A$1.01 billion and an IRR of 55.6%. Concurrently, the company announced a significant Mineral Resource Estimate update for its Jupiter Rare Earths Project, including a maiden Indicated Resource of 160 Mt at 1,700 ppm TREO within a total 1.7 Bt resource. Metallurgical testwork for Jupiter also showed promising results with high TREO content in commercial-grade products and significant grade uplift.

Reasoning: The presentation showcases strong economic results for the Mt Lindsay project and a significant resource upgrade for the Jupiter Rare Earths project, including the first Indicated Mineral Resource and positive metallurgical testwork, positioning the company well in the critical minerals sector.

- Positive factor: strong\_economic\_study\_results

- Positive factor: significant\_resource\_upgrade

- Positive factor: positive\_metallurgical\_results

- Positive factor: strategic\_importance\_of\_commodities

- Positive factor: jorc\_compliant\_reporting

- Negative factor: preliminary\_study\_limitations

- Negative factor: funding\_not\_secured

- Negative factor: inferred\_in\_production\_target

- Negative factor: processing\_recovery\_not\_fully\_demonstrated

- Negative factor: applicability\_to\_commercial\_scale\_to\_be\_demonstrated

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

Facts used in scoring: 47

## Classification and evidence

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: The Mt Lindsay Scoping Study has been delivered.

Evidence · text

> Scoping Study delivered

**NPV Positive**

Polarity: positive

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: The after-tax NPV is A$1.01 billion.

Evidence · text

> A$1.01bn After-tax NPV₈

**High IRR**

Polarity: positive

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: The after-tax IRR is 55.6%.

Evidence · text

> 55.6% After-tax IRR

**Rapid Payback**

Polarity: positive

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: The project has an estimated payback period of ~1.9 years.

Evidence · text

> ~1.9 yrs Payback

**Preliminary Study**

Polarity: negative

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: The Scoping Study is a preliminary technical and economic study not sufficient to support Ore Reserves.

Evidence · text

> The Mt Lindsay Scoping Study is a preliminary technical and economic study that is not sufficient to support the estimation of Ore Reserves

**Funding Required**

Polarity: negative

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: Critica has not secured any of the funding required to develop the Project.

Evidence · text

> Critica has not secured any of the funding required to develop the Project.

**Inferred in Production Target**

Polarity: negative

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: Approximately 8% of the production target is derived from Inferred Mineral Resources.

Evidence · text

> approximately 8% is derived from Inferred Mineral Resources

**Recovery Not Fully Demonstrated**

Polarity: negative

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: Base Case processing recoveries have not all been demonstrated simultaneously in a single integrated locked-cycle test program.

Evidence · text

> Base Case processing recoveries of 75% tin, 85% WO₃ and 98% magnetite are modestly above recoveries demonstrated or estimated in individual historical testwork programs and have not all been demonstrated simultaneously in a single integrated locked-cycle test program.

**Maiden Resource**

Polarity: neutral

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

Why it applies: The document announces the first 160 Mt Indicated Mineral Resource for Jupiter.

Evidence · text

> Jupiter Delivers First 160 Mt Indicated Mineral Resource

**Indicated Resource**

Polarity: positive

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

Why it applies: The estimate includes 160 Mt of Indicated Mineral Resources.

Evidence · text

> 160 Mt Indicated Resource

**Inferred Resource**

Polarity: negative

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

Why it applies: The total resource includes 1.5 Bt of Inferred Mineral Resources.

Evidence · text

> 1.5 Bt Inferred

**JORC Compliant**

Polarity: positive

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

Why it applies: The Mineral Resource Estimate is compliant with the 2012 Edition of the JORC Code.

Evidence · text

> JORC Code

**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: The estimate is signed off by Mr Rodney Brown of SRK Consulting, Dr Stuart Owen, and Dr Natalee Bonnici as Competent Persons.

Evidence · text

> The Competent Person for the Mineral Resource Estimate is Mr Rodney Brown of SRK Consulting \(Australasia\) Pty Ltd, with Dr Stuart Owen and Dr Natalee Bonnici as Competent Persons for exploration results, data compilation and data quality.

**High Recovery**

Polarity: positive

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

Why it applies: Commercial-grade MREO product achieved 97% TREO.

Evidence · text

> MREO 97% TREO

**Pilot Scale Complete**

Polarity: positive

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

Why it applies: The company has produced commercial-grade products from pilot plant testwork.

Evidence · text

> Commercial-grade products produced: MREC 58% TREO • MREO 97% TREO

**Bench Scale Only**

Polarity: negative

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

Why it applies: Applicability of metallurgical results across the deposit and at commercial scale remains to be demonstrated.

Evidence · text

> Metallurgical results are from testwork to date; applicability across the deposit and at commercial scale remains to be demonstrated.

**Mill Route**

Polarity: neutral

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

Why it applies: the document describes a flotation route \("locked-cycle"\)

**Single Domain Only**

Polarity: negative

Definition: Testing limited to one composite or domain — representativeness not established.

Why it applies: only one composite was tested

## Extracted facts

Stored fact records: 47. Some facts used in scoring do not have a stored record.

## Resource Estimates (37)

### Fact 1

[Link to this fact](https://atlas-staging.minestarters.com/news/cri-october-2026-ignite-investment-summit-investor-presentation--96f2274a-4ed3-4cc2-8f4d-2739cd9b527d#fact-resource-facts-0)

Mt Lindsay · tungsten

#### Identity

- Project: Mt Lindsay
- Commodity: tungsten
- Region: australia\_tas
- Reported Region: Tasmania
- Ticker: CRI

#### Resource scope

- Resource group id: resource:c6d5a24cb393b4feb989

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: The Mt Lindsay Scoping Study demonstrates strong economic viability with a high NPV, IRR, and rapid payback, despite being a preliminary study with some funding and recovery uncertainties.

- Positive factor: strong\_npv

- Positive factor: high\_irr

- Positive factor: rapid\_payback

- Negative factor: preliminary\_study\_limitations

- Negative factor: funding\_not\_secured

- Negative factor: inferred\_in\_production\_target

- Negative factor: processing\_recovery\_not\_fully\_demonstrated

Evidence · text

> A$1.01bn After-tax NPV₈

#### Tags used in scoring

**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

**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

### Fact 2

[Link to this fact](https://atlas-staging.minestarters.com/news/cri-october-2026-ignite-investment-summit-investor-presentation--96f2274a-4ed3-4cc2-8f4d-2739cd9b527d#fact-resource-facts-1)

Mt Lindsay · tungsten

#### Identity

- Project: Mt Lindsay
- Commodity: tungsten
- Region: australia\_tas
- Reported Region: Tasmania
- Ticker: CRI

#### Resource scope

- Resource group id: resource:c6d5a24cb393b4feb989

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: The Mt Lindsay Scoping Study demonstrates strong economic viability with a high NPV, IRR, and rapid payback, despite being a preliminary study with some funding and recovery uncertainties.

- Positive factor: strong\_npv

- Positive factor: high\_irr

- Positive factor: rapid\_payback

- Negative factor: preliminary\_study\_limitations

- Negative factor: funding\_not\_secured

- Negative factor: inferred\_in\_production\_target

- Negative factor: processing\_recovery\_not\_fully\_demonstrated

Evidence · text

> 55.6% After-tax IRR

#### Tags used in scoring

**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

**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

### Fact 3

[Link to this fact](https://atlas-staging.minestarters.com/news/cri-october-2026-ignite-investment-summit-investor-presentation--96f2274a-4ed3-4cc2-8f4d-2739cd9b527d#fact-resource-facts-2)

Mt Lindsay · tungsten

#### Identity

- Project: Mt Lindsay
- Commodity: tungsten
- Region: australia\_tas
- Reported Region: Tasmania
- Ticker: CRI

#### Resource scope

- Resource group id: resource:c6d5a24cb393b4feb989

#### Resource Data

- Grade Unit: years

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: The Mt Lindsay Scoping Study demonstrates strong economic viability with a high NPV, IRR, and rapid payback, despite being a preliminary study with some funding and recovery uncertainties.

- Positive factor: strong\_npv

- Positive factor: high\_irr

- Positive factor: rapid\_payback

- Negative factor: preliminary\_study\_limitations

- Negative factor: funding\_not\_secured

- Negative factor: inferred\_in\_production\_target

- Negative factor: processing\_recovery\_not\_fully\_demonstrated

Evidence · text

> ~1.9 yrs Payback

#### Tags used in scoring

**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

**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

### Fact 4

[Link to this fact](https://atlas-staging.minestarters.com/news/cri-october-2026-ignite-investment-summit-investor-presentation--96f2274a-4ed3-4cc2-8f4d-2739cd9b527d#fact-resource-facts-3)

Mt Lindsay · tungsten

#### Identity

- Project: Mt Lindsay
- Commodity: tungsten
- Region: australia\_tas
- Reported Region: Tasmania
- Ticker: CRI

#### Resource scope

- Resource group id: resource:c6d5a24cb393b4feb989

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: The Mt Lindsay Scoping Study demonstrates strong economic viability with a high NPV, IRR, and rapid payback, despite being a preliminary study with some funding and recovery uncertainties.

- Positive factor: strong\_npv

- Positive factor: high\_irr

- Positive factor: rapid\_payback

- Negative factor: preliminary\_study\_limitations

- Negative factor: funding\_not\_secured

- Negative factor: inferred\_in\_production\_target

- Negative factor: processing\_recovery\_not\_fully\_demonstrated

Evidence · text

> A$244.5m Pre-production capital

#### Tags used in scoring

**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

**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

### Fact 5

[Link to this fact](https://atlas-staging.minestarters.com/news/cri-october-2026-ignite-investment-summit-investor-presentation--96f2274a-4ed3-4cc2-8f4d-2739cd9b527d#fact-resource-facts-4)

Mt Lindsay · tungsten

#### Identity

- Project: Mt Lindsay
- Commodity: tungsten
- Region: australia\_tas
- Reported Region: Tasmania
- Ticker: CRI

#### Resource scope

- Resource group id: resource:c6d5a24cb393b4feb989

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: The Mt Lindsay Scoping Study demonstrates strong economic viability with a high NPV, IRR, and rapid payback, despite being a preliminary study with some funding and recovery uncertainties.

- Positive factor: strong\_npv

- Positive factor: high\_irr

- Positive factor: rapid\_payback

- Negative factor: preliminary\_study\_limitations

- Negative factor: funding\_not\_secured

- Negative factor: inferred\_in\_production\_target

- Negative factor: processing\_recovery\_not\_fully\_demonstrated

Evidence · text

> A$3.11bn LOM EBITDA

#### Tags used in scoring

**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

**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

### Fact 6

[Link to this fact](https://atlas-staging.minestarters.com/news/cri-october-2026-ignite-investment-summit-investor-presentation--96f2274a-4ed3-4cc2-8f4d-2739cd9b527d#fact-resource-facts-5)

Mt Lindsay · tungsten

#### Identity

- Project: Mt Lindsay
- Commodity: tungsten
- Region: australia\_tas
- Reported Region: Tasmania
- Ticker: CRI

#### Resource scope

- Resource group id: resource:c6d5a24cb393b4feb989

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: The Mt Lindsay Scoping Study demonstrates strong economic viability with a high NPV, IRR, and rapid payback, despite being a preliminary study with some funding and recovery uncertainties.

- Positive factor: strong\_npv

- Positive factor: high\_irr

- Positive factor: rapid\_payback

- Negative factor: preliminary\_study\_limitations

- Negative factor: funding\_not\_secured

- Negative factor: inferred\_in\_production\_target

- Negative factor: processing\_recovery\_not\_fully\_demonstrated

Evidence · text

> A$5.20bn LOM sales revenue

#### Tags used in scoring

**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

**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

### Fact 7

[Link to this fact](https://atlas-staging.minestarters.com/news/cri-october-2026-ignite-investment-summit-investor-presentation--96f2274a-4ed3-4cc2-8f4d-2739cd9b527d#fact-resource-facts-6)

Mt Lindsay · tungsten

#### Identity

- Project: Mt Lindsay
- Commodity: tungsten
- Region: australia\_tas
- Reported Region: Tasmania
- Ticker: CRI

#### Resource scope

- Resource group id: resource:c6d5a24cb393b4feb989

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: The Mt Lindsay Scoping Study demonstrates strong economic viability with a high NPV, IRR, and rapid payback, despite being a preliminary study with some funding and recovery uncertainties.

- Positive factor: strong\_npv

- Positive factor: high\_irr

- Positive factor: rapid\_payback

- Negative factor: preliminary\_study\_limitations

- Negative factor: funding\_not\_secured

- Negative factor: inferred\_in\_production\_target

- Negative factor: processing\_recovery\_not\_fully\_demonstrated

Evidence · text

> A$1.92bn After-tax LOM free cash flow

#### Tags used in scoring

**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

**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

### Fact 8

[Link to this fact](https://atlas-staging.minestarters.com/news/cri-october-2026-ignite-investment-summit-investor-presentation--96f2274a-4ed3-4cc2-8f4d-2739cd9b527d#fact-resource-facts-7)

Mt Lindsay · tungsten

#### Identity

- Project: Mt Lindsay
- Commodity: tungsten
- Region: australia\_tas
- Reported Region: Tasmania
- Ticker: CRI

#### Resource scope

- Resource group id: resource:c6d5a24cb393b4feb989

#### Resource Data

- Grade Unit: US$/mtu

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: The Mt Lindsay Scoping Study demonstrates strong economic viability with a high NPV, IRR, and rapid payback, despite being a preliminary study with some funding and recovery uncertainties.

- Positive factor: strong\_npv

- Positive factor: high\_irr

- Positive factor: rapid\_payback

- Negative factor: preliminary\_study\_limitations

- Negative factor: funding\_not\_secured

- Negative factor: inferred\_in\_production\_target

- Negative factor: processing\_recovery\_not\_fully\_demonstrated

Evidence · text

> US$314/mtu Indicative tungsten operating cost\*

#### Tags used in scoring

**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

**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

### Fact 9

[Link to this fact](https://atlas-staging.minestarters.com/news/cri-october-2026-ignite-investment-summit-investor-presentation--96f2274a-4ed3-4cc2-8f4d-2739cd9b527d#fact-resource-facts-8)

Mt Lindsay · tungsten

#### Identity

- Project: Mt Lindsay
- Commodity: tungsten
- Region: australia\_tas
- Reported Region: Tasmania
- Ticker: CRI

#### Resource scope

- Resource group id: resource:c6d5a24cb393b4feb989

#### Resource Data

- Grade Unit: tonnes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: The Mt Lindsay Scoping Study demonstrates strong economic viability with a high NPV, IRR, and rapid payback, despite being a preliminary study with some funding and recovery uncertainties.

- Positive factor: strong\_npv

- Positive factor: high\_irr

- Positive factor: rapid\_payback

- Negative factor: preliminary\_study\_limitations

- Negative factor: funding\_not\_secured

- Negative factor: inferred\_in\_production\_target

- Negative factor: processing\_recovery\_not\_fully\_demonstrated

Evidence · text

> 10.9 Mt Material processed

#### Tags used in scoring

**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

**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

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/cri-october-2026-ignite-investment-summit-investor-presentation--96f2274a-4ed3-4cc2-8f4d-2739cd9b527d#fact-resource-facts-9)

Mt Lindsay · tungsten

#### Identity

- Project: Mt Lindsay
- Commodity: tungsten
- Region: australia\_tas
- Reported Region: Tasmania
- Ticker: CRI

#### Resource scope

- Estimate type: resource
- Resource group id: resource:f5a0c220cff60af3d79d

#### Resource Data

- Category: indicated
- Grade Unit: %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: The Mt Lindsay Scoping Study demonstrates strong economic viability with a high NPV, IRR, and rapid payback, despite being a preliminary study with some funding and recovery uncertainties.

- Positive factor: strong\_npv

- Positive factor: high\_irr

- Positive factor: rapid\_payback

- Negative factor: preliminary\_study\_limitations

- Negative factor: funding\_not\_secured

- Negative factor: inferred\_in\_production\_target

- Negative factor: processing\_recovery\_not\_fully\_demonstrated

Evidence · text

> approximately 92% is derived from Indicated Mineral Resources

#### 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

**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/cri-october-2026-ignite-investment-summit-investor-presentation--96f2274a-4ed3-4cc2-8f4d-2739cd9b527d#fact-resource-facts-10)

Mt Lindsay · tungsten

#### Identity

- Project: Mt Lindsay
- Commodity: tungsten
- Region: australia\_tas
- Reported Region: Tasmania
- Ticker: CRI

#### Resource scope

- Estimate type: resource
- Resource group id: resource:f5d4acf4d8201b821738

#### Resource Data

- Category: inferred
- Grade Unit: %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: The Mt Lindsay Scoping Study demonstrates strong economic viability with a high NPV, IRR, and rapid payback, despite being a preliminary study with some funding and recovery uncertainties.

- Positive factor: strong\_npv

- Positive factor: high\_irr

- Positive factor: rapid\_payback

- Negative factor: preliminary\_study\_limitations

- Negative factor: funding\_not\_secured

- Negative factor: inferred\_in\_production\_target

- Negative factor: processing\_recovery\_not\_fully\_demonstrated

Evidence · text

> approximately 8% is derived from Inferred Mineral Resources

#### 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

**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

### Fact 12

[Link to this fact](https://atlas-staging.minestarters.com/news/cri-october-2026-ignite-investment-summit-investor-presentation--96f2274a-4ed3-4cc2-8f4d-2739cd9b527d#fact-resource-facts-11)

Mt Lindsay · tungsten

#### Identity

- Project: Mt Lindsay
- Commodity: tungsten
- Region: australia\_tas
- Reported Region: Tasmania
- Ticker: CRI

#### Resource scope

- Resource group id: resource:c6d5a24cb393b4feb989

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: The Mt Lindsay Scoping Study demonstrates strong economic viability with a high NPV, IRR, and rapid payback, despite being a preliminary study with some funding and recovery uncertainties.

- Positive factor: strong\_npv

- Positive factor: high\_irr

- Positive factor: rapid\_payback

- Negative factor: preliminary\_study\_limitations

- Negative factor: funding\_not\_secured

- Negative factor: inferred\_in\_production\_target

- Negative factor: processing\_recovery\_not\_fully\_demonstrated

Evidence · text

> Capital and operating cost estimates carry an overall accuracy range of approximately -25% to +50%.

#### Tags used in scoring

**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

**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

### Fact 13

[Link to this fact](https://atlas-staging.minestarters.com/news/cri-october-2026-ignite-investment-summit-investor-presentation--96f2274a-4ed3-4cc2-8f4d-2739cd9b527d#fact-resource-facts-12)

Mt Lindsay · tin

#### Identity

- Project: Mt Lindsay
- Commodity: tin
- Region: australia\_tas
- Reported Region: Tasmania
- Ticker: CRI

#### Resource scope

- Resource group id: resource:c6d5a24cb393b4feb989

#### Resource Data

- Grade Unit: US$/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: The Mt Lindsay Scoping Study demonstrates strong economic viability with a high NPV, IRR, and rapid payback, despite being a preliminary study with some funding and recovery uncertainties.

- Positive factor: strong\_npv

- Positive factor: high\_irr

- Positive factor: rapid\_payback

- Negative factor: preliminary\_study\_limitations

- Negative factor: funding\_not\_secured

- Negative factor: inferred\_in\_production\_target

- Negative factor: processing\_recovery\_not\_fully\_demonstrated

Evidence · text

> Tin price US$45,000/t

#### Tags used in scoring

**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

**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

### Fact 14

[Link to this fact](https://atlas-staging.minestarters.com/news/cri-october-2026-ignite-investment-summit-investor-presentation--96f2274a-4ed3-4cc2-8f4d-2739cd9b527d#fact-resource-facts-13)

Mt Lindsay · tungsten

#### Identity

- Project: Mt Lindsay
- Commodity: tungsten
- Region: australia\_tas
- Reported Region: Tasmania
- Ticker: CRI

#### Resource scope

- Resource group id: resource:c6d5a24cb393b4feb989

#### Resource Data

- Grade Unit: US$/mtu

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: The Mt Lindsay Scoping Study demonstrates strong economic viability with a high NPV, IRR, and rapid payback, despite being a preliminary study with some funding and recovery uncertainties.

- Positive factor: strong\_npv

- Positive factor: high\_irr

- Positive factor: rapid\_payback

- Negative factor: preliminary\_study\_limitations

- Negative factor: funding\_not\_secured

- Negative factor: inferred\_in\_production\_target

- Negative factor: processing\_recovery\_not\_fully\_demonstrated

Evidence · text

> Tungsten APT price US$2,500/mtu

#### Tags used in scoring

**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

**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

### Fact 15

[Link to this fact](https://atlas-staging.minestarters.com/news/cri-october-2026-ignite-investment-summit-investor-presentation--96f2274a-4ed3-4cc2-8f4d-2739cd9b527d#fact-resource-facts-14)

Mt Lindsay · iron\_ore

#### Identity

- Project: Mt Lindsay
- Commodity: iron\_ore
- Region: australia\_tas
- Reported Region: Tasmania
- Ticker: CRI

#### Resource scope

- Resource group id: resource:c6d5a24cb393b4feb989

#### Resource Data

- Grade Unit: US$/dmt

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: The Mt Lindsay Scoping Study demonstrates strong economic viability with a high NPV, IRR, and rapid payback, despite being a preliminary study with some funding and recovery uncertainties.

- Positive factor: strong\_npv

- Positive factor: high\_irr

- Positive factor: rapid\_payback

- Negative factor: preliminary\_study\_limitations

- Negative factor: funding\_not\_secured

- Negative factor: inferred\_in\_production\_target

- Negative factor: processing\_recovery\_not\_fully\_demonstrated

Evidence · text

> Magnetite concentrate \(65% Fe\) US$115/dmt

#### Tags used in scoring

**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

**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

### Fact 16

[Link to this fact](https://atlas-staging.minestarters.com/news/cri-october-2026-ignite-investment-summit-investor-presentation--96f2274a-4ed3-4cc2-8f4d-2739cd9b527d#fact-resource-facts-15)

Mt Lindsay · tungsten

#### Identity

- Project: Mt Lindsay
- Commodity: tungsten
- Region: australia\_tas
- Reported Region: Tasmania
- Ticker: CRI

#### Resource scope

- Resource group id: resource:c6d5a24cb393b4feb989

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: The Mt Lindsay Scoping Study demonstrates strong economic viability with a high NPV, IRR, and rapid payback, despite being a preliminary study with some funding and recovery uncertainties.

- Positive factor: strong\_npv

- Positive factor: high\_irr

- Positive factor: rapid\_payback

- Negative factor: preliminary\_study\_limitations

- Negative factor: funding\_not\_secured

- Negative factor: inferred\_in\_production\_target

- Negative factor: processing\_recovery\_not\_fully\_demonstrated

Evidence · text

> Exchange rate \(AUD:USD\) 0.65

#### Tags used in scoring

**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

**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

### Fact 17

[Link to this fact](https://atlas-staging.minestarters.com/news/cri-october-2026-ignite-investment-summit-investor-presentation--96f2274a-4ed3-4cc2-8f4d-2739cd9b527d#fact-resource-facts-16)

Mt Lindsay · tungsten

#### Identity

- Project: Mt Lindsay
- Commodity: tungsten
- Region: australia\_tas
- Reported Region: Tasmania
- Ticker: CRI

#### Resource scope

- Resource group id: resource:c6d5a24cb393b4feb989

#### Resource Data

- Grade Unit: %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: The Mt Lindsay Scoping Study demonstrates strong economic viability with a high NPV, IRR, and rapid payback, despite being a preliminary study with some funding and recovery uncertainties.

- Positive factor: strong\_npv

- Positive factor: high\_irr

- Positive factor: rapid\_payback

- Negative factor: preliminary\_study\_limitations

- Negative factor: funding\_not\_secured

- Negative factor: inferred\_in\_production\_target

- Negative factor: processing\_recovery\_not\_fully\_demonstrated

Evidence · text

> Corporate tax rate 30%

#### Tags used in scoring

**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

**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

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/cri-october-2026-ignite-investment-summit-investor-presentation--96f2274a-4ed3-4cc2-8f4d-2739cd9b527d#fact-resource-facts-20)

Jupiter · rare\_earths

#### Identity

- Project: Jupiter
- Commodity: rare\_earths
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CRI

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mr Rodney Brown, Dr Stuart Owen, Dr Natalee Bonnici
- Resource group id: resource:3b99a873f2f8a6e5f33f

#### Resource Data

- Category: indicated
- Tonnes: 160000000
- Grade: 1700
- Grade Unit: ppm
- Cutoff Grade: 1000
- Cutoff Unit: ppm TREO

#### Prior Estimate

- Resource Date: 2026-10-12

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: The maiden Indicated Mineral Resource for Jupiter significantly de-risks the project and provides a strong foundation for future studies, reported under JORC 2012 with QP sign-off.

- Positive factor: maiden\_indicated\_resource

- Positive factor: jorc\_compliant

- Positive factor: qp\_signed

Evidence · table

> 1,700

Context: 160

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**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

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/cri-october-2026-ignite-investment-summit-investor-presentation--96f2274a-4ed3-4cc2-8f4d-2739cd9b527d#fact-resource-facts-21)

Jupiter · rare\_earths

#### Identity

- Project: Jupiter
- Commodity: rare\_earths
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CRI

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mr Rodney Brown, Dr Stuart Owen, Dr Natalee Bonnici
- Resource group id: resource:3b99a873f2f8a6e5f33f

#### Resource Data

- Category: indicated
- Tonnes: 160000000
- Grade: 420
- Grade Unit: ppm
- Cutoff Grade: 1000
- Cutoff Unit: ppm TREO

#### Prior Estimate

- Resource Date: 2026-10-12

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: The maiden Indicated Mineral Resource for Jupiter significantly de-risks the project and provides a strong foundation for future studies, reported under JORC 2012 with QP sign-off.

- Positive factor: maiden\_indicated\_resource

- Positive factor: jorc\_compliant

- Positive factor: qp\_signed

Evidence · table

> 420

Context: 160

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**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

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/cri-october-2026-ignite-investment-summit-investor-presentation--96f2274a-4ed3-4cc2-8f4d-2739cd9b527d#fact-resource-facts-22)

Jupiter · praseodymium\_oxide

#### Identity

- Project: Jupiter
- Commodity: praseodymium\_oxide
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CRI

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mr Rodney Brown, Dr Stuart Owen, Dr Natalee Bonnici
- Resource group id: resource:3b99a873f2f8a6e5f33f

#### Resource Data

- Category: indicated
- Tonnes: 160000000
- Grade: 84
- Grade Unit: ppm
- Cutoff Grade: 1000
- Cutoff Unit: ppm TREO

#### Prior Estimate

- Resource Date: 2026-10-12

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: The maiden Indicated Mineral Resource for Jupiter significantly de-risks the project and provides a strong foundation for future studies, reported under JORC 2012 with QP sign-off.

- Positive factor: maiden\_indicated\_resource

- Positive factor: jorc\_compliant

- Positive factor: qp\_signed

Evidence · table

> 84

Context: 160

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**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

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/cri-october-2026-ignite-investment-summit-investor-presentation--96f2274a-4ed3-4cc2-8f4d-2739cd9b527d#fact-resource-facts-23)

Jupiter · neodymium\_oxide

#### Identity

- Project: Jupiter
- Commodity: neodymium\_oxide
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CRI

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mr Rodney Brown, Dr Stuart Owen, Dr Natalee Bonnici
- Resource group id: resource:3b99a873f2f8a6e5f33f

#### Resource Data

- Category: indicated
- Tonnes: 160000000
- Grade: 310
- Grade Unit: ppm
- Cutoff Grade: 1000
- Cutoff Unit: ppm TREO

#### Prior Estimate

- Resource Date: 2026-10-12

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: The maiden Indicated Mineral Resource for Jupiter significantly de-risks the project and provides a strong foundation for future studies, reported under JORC 2012 with QP sign-off.

- Positive factor: maiden\_indicated\_resource

- Positive factor: jorc\_compliant

- Positive factor: qp\_signed

Evidence · table

> 310

Context: 160

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**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

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/cri-october-2026-ignite-investment-summit-investor-presentation--96f2274a-4ed3-4cc2-8f4d-2739cd9b527d#fact-resource-facts-24)

Jupiter · terbium\_oxide

#### Identity

- Project: Jupiter
- Commodity: terbium\_oxide
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CRI

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mr Rodney Brown, Dr Stuart Owen, Dr Natalee Bonnici
- Resource group id: resource:3b99a873f2f8a6e5f33f

#### Resource Data

- Category: indicated
- Tonnes: 160000000
- Grade: 4
- Grade Unit: ppm
- Cutoff Grade: 1000
- Cutoff Unit: ppm TREO

#### Prior Estimate

- Resource Date: 2026-10-12

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: The maiden Indicated Mineral Resource for Jupiter significantly de-risks the project and provides a strong foundation for future studies, reported under JORC 2012 with QP sign-off.

- Positive factor: maiden\_indicated\_resource

- Positive factor: jorc\_compliant

- Positive factor: qp\_signed

Evidence · table

> 4

Context: 160

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**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

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/cri-october-2026-ignite-investment-summit-investor-presentation--96f2274a-4ed3-4cc2-8f4d-2739cd9b527d#fact-resource-facts-25)

Jupiter · dysprosium\_oxide

#### Identity

- Project: Jupiter
- Commodity: dysprosium\_oxide
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CRI

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mr Rodney Brown, Dr Stuart Owen, Dr Natalee Bonnici
- Resource group id: resource:3b99a873f2f8a6e5f33f

#### Resource Data

- Category: indicated
- Tonnes: 160000000
- Grade: 18
- Grade Unit: ppm
- Cutoff Grade: 1000
- Cutoff Unit: ppm TREO

#### Prior Estimate

- Resource Date: 2026-10-12

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: The maiden Indicated Mineral Resource for Jupiter significantly de-risks the project and provides a strong foundation for future studies, reported under JORC 2012 with QP sign-off.

- Positive factor: maiden\_indicated\_resource

- Positive factor: jorc\_compliant

- Positive factor: qp\_signed

Evidence · table

> 18

Context: 160

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**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

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/cri-october-2026-ignite-investment-summit-investor-presentation--96f2274a-4ed3-4cc2-8f4d-2739cd9b527d#fact-resource-facts-26)

Jupiter · yttrium\_oxide

#### Identity

- Project: Jupiter
- Commodity: yttrium\_oxide
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CRI

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mr Rodney Brown, Dr Stuart Owen, Dr Natalee Bonnici
- Resource group id: resource:3b99a873f2f8a6e5f33f

#### Resource Data

- Category: indicated
- Tonnes: 160000000
- Grade: 89
- Grade Unit: ppm
- Cutoff Grade: 1000
- Cutoff Unit: ppm TREO

#### Prior Estimate

- Resource Date: 2026-10-12

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: The maiden Indicated Mineral Resource for Jupiter significantly de-risks the project and provides a strong foundation for future studies, reported under JORC 2012 with QP sign-off.

- Positive factor: maiden\_indicated\_resource

- Positive factor: jorc\_compliant

- Positive factor: qp\_signed

Evidence · table

> 89

Context: 160

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**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

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/cri-october-2026-ignite-investment-summit-investor-presentation--96f2274a-4ed3-4cc2-8f4d-2739cd9b527d#fact-resource-facts-27)

Jupiter · scandium\_oxide

#### Identity

- Project: Jupiter
- Commodity: scandium\_oxide
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CRI

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mr Rodney Brown, Dr Stuart Owen, Dr Natalee Bonnici
- Resource group id: resource:3b99a873f2f8a6e5f33f

#### Resource Data

- Category: indicated
- Tonnes: 160000000
- Grade: 45
- Grade Unit: ppm
- Cutoff Grade: 1000
- Cutoff Unit: ppm TREO

#### Prior Estimate

- Resource Date: 2026-10-12

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: The maiden Indicated Mineral Resource for Jupiter significantly de-risks the project and provides a strong foundation for future studies, reported under JORC 2012 with QP sign-off.

- Positive factor: maiden\_indicated\_resource

- Positive factor: jorc\_compliant

- Positive factor: qp\_signed

Evidence · table

> 45

Context: 160

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**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

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/cri-october-2026-ignite-investment-summit-investor-presentation--96f2274a-4ed3-4cc2-8f4d-2739cd9b527d#fact-resource-facts-28)

Jupiter · gallium\_oxide

#### Identity

- Project: Jupiter
- Commodity: gallium\_oxide
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CRI

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mr Rodney Brown, Dr Stuart Owen, Dr Natalee Bonnici
- Resource group id: resource:3b99a873f2f8a6e5f33f

#### Resource Data

- Category: indicated
- Tonnes: 160000000
- Grade: 40
- Grade Unit: ppm
- Cutoff Grade: 1000
- Cutoff Unit: ppm TREO

#### Prior Estimate

- Resource Date: 2026-10-12

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: The maiden Indicated Mineral Resource for Jupiter significantly de-risks the project and provides a strong foundation for future studies, reported under JORC 2012 with QP sign-off.

- Positive factor: maiden\_indicated\_resource

- Positive factor: jorc\_compliant

- Positive factor: qp\_signed

Evidence · table

> 40

Context: 160

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**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

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/cri-october-2026-ignite-investment-summit-investor-presentation--96f2274a-4ed3-4cc2-8f4d-2739cd9b527d#fact-resource-facts-29)

Jupiter · iron\_ore

#### Identity

- Project: Jupiter
- Commodity: iron\_ore
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CRI

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mr Rodney Brown, Dr Stuart Owen, Dr Natalee Bonnici
- Resource group id: resource:3b99a873f2f8a6e5f33f

#### Resource Data

- Category: indicated
- Tonnes: 160000000
- Grade: 11
- Grade Unit: %
- Cutoff Grade: 1000
- Cutoff Unit: ppm TREO

#### Prior Estimate

- Resource Date: 2026-10-12

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: The maiden Indicated Mineral Resource for Jupiter significantly de-risks the project and provides a strong foundation for future studies, reported under JORC 2012 with QP sign-off.

- Positive factor: maiden\_indicated\_resource

- Positive factor: jorc\_compliant

- Positive factor: qp\_signed

Evidence · table

> 11

Context: 160

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**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/cri-october-2026-ignite-investment-summit-investor-presentation--96f2274a-4ed3-4cc2-8f4d-2739cd9b527d#fact-resource-facts-30)

Jupiter · rare\_earths

#### Identity

- Project: Jupiter
- Commodity: rare\_earths
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CRI

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mr Rodney Brown, Dr Stuart Owen, Dr Natalee Bonnici
- Resource group id: resource:cef42186b7406c0b3713

#### Resource Data

- Category: inferred
- Tonnes: 1500000000
- Grade: 1700
- Grade Unit: ppm
- Cutoff Grade: 1000
- Cutoff Unit: ppm TREO

#### Prior Estimate

- Resource Date: 2026-10-12

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: The large Inferred Mineral Resource demonstrates significant scale potential for Jupiter, though further drilling is required to upgrade confidence, reported under JORC 2012 with QP sign-off.

- Positive factor: large\_resource\_scale

- Positive factor: jorc\_compliant

- Positive factor: qp\_signed

- Negative factor: high\_inferred\_proportion

Evidence · table

> 1,700

Context: 1,500

#### 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/cri-october-2026-ignite-investment-summit-investor-presentation--96f2274a-4ed3-4cc2-8f4d-2739cd9b527d#fact-resource-facts-31)

Jupiter · rare\_earths

#### Identity

- Project: Jupiter
- Commodity: rare\_earths
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CRI

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mr Rodney Brown, Dr Stuart Owen, Dr Natalee Bonnici
- Resource group id: resource:cef42186b7406c0b3713

#### Resource Data

- Category: inferred
- Tonnes: 1500000000
- Grade: 380
- Grade Unit: ppm
- Cutoff Grade: 1000
- Cutoff Unit: ppm TREO

#### Prior Estimate

- Resource Date: 2026-10-12

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: The large Inferred Mineral Resource demonstrates significant scale potential for Jupiter, though further drilling is required to upgrade confidence, reported under JORC 2012 with QP sign-off.

- Positive factor: large\_resource\_scale

- Positive factor: jorc\_compliant

- Positive factor: qp\_signed

- Negative factor: high\_inferred\_proportion

Evidence · table

> 380

Context: 1,500

#### 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/cri-october-2026-ignite-investment-summit-investor-presentation--96f2274a-4ed3-4cc2-8f4d-2739cd9b527d#fact-resource-facts-32)

Jupiter · praseodymium\_oxide

#### Identity

- Project: Jupiter
- Commodity: praseodymium\_oxide
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CRI

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mr Rodney Brown, Dr Stuart Owen, Dr Natalee Bonnici
- Resource group id: resource:cef42186b7406c0b3713

#### Resource Data

- Category: inferred
- Tonnes: 1500000000
- Grade: 82
- Grade Unit: ppm
- Cutoff Grade: 1000
- Cutoff Unit: ppm TREO

#### Prior Estimate

- Resource Date: 2026-10-12

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: The large Inferred Mineral Resource demonstrates significant scale potential for Jupiter, though further drilling is required to upgrade confidence, reported under JORC 2012 with QP sign-off.

- Positive factor: large\_resource\_scale

- Positive factor: jorc\_compliant

- Positive factor: qp\_signed

- Negative factor: high\_inferred\_proportion

Evidence · table

> 82

Context: 1,500

#### 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/cri-october-2026-ignite-investment-summit-investor-presentation--96f2274a-4ed3-4cc2-8f4d-2739cd9b527d#fact-resource-facts-33)

Jupiter · neodymium\_oxide

#### Identity

- Project: Jupiter
- Commodity: neodymium\_oxide
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CRI

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mr Rodney Brown, Dr Stuart Owen, Dr Natalee Bonnici
- Resource group id: resource:cef42186b7406c0b3713

#### Resource Data

- Category: inferred
- Tonnes: 1500000000
- Grade: 280
- Grade Unit: ppm
- Cutoff Grade: 1000
- Cutoff Unit: ppm TREO

#### Prior Estimate

- Resource Date: 2026-10-12

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: The large Inferred Mineral Resource demonstrates significant scale potential for Jupiter, though further drilling is required to upgrade confidence, reported under JORC 2012 with QP sign-off.

- Positive factor: large\_resource\_scale

- Positive factor: jorc\_compliant

- Positive factor: qp\_signed

- Negative factor: high\_inferred\_proportion

Evidence · table

> 280

Context: 1,500

#### 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/cri-october-2026-ignite-investment-summit-investor-presentation--96f2274a-4ed3-4cc2-8f4d-2739cd9b527d#fact-resource-facts-34)

Jupiter · terbium\_oxide

#### Identity

- Project: Jupiter
- Commodity: terbium\_oxide
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CRI

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mr Rodney Brown, Dr Stuart Owen, Dr Natalee Bonnici
- Resource group id: resource:cef42186b7406c0b3713

#### Resource Data

- Category: inferred
- Tonnes: 1500000000
- Grade: 3
- Grade Unit: ppm
- Cutoff Grade: 1000
- Cutoff Unit: ppm TREO

#### Prior Estimate

- Resource Date: 2026-10-12

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: The large Inferred Mineral Resource demonstrates significant scale potential for Jupiter, though further drilling is required to upgrade confidence, reported under JORC 2012 with QP sign-off.

- Positive factor: large\_resource\_scale

- Positive factor: jorc\_compliant

- Positive factor: qp\_signed

- Negative factor: high\_inferred\_proportion

Evidence · table

> 3

Context: 1,500

#### 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/cri-october-2026-ignite-investment-summit-investor-presentation--96f2274a-4ed3-4cc2-8f4d-2739cd9b527d#fact-resource-facts-35)

Jupiter · dysprosium\_oxide

#### Identity

- Project: Jupiter
- Commodity: dysprosium\_oxide
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CRI

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mr Rodney Brown, Dr Stuart Owen, Dr Natalee Bonnici
- Resource group id: resource:cef42186b7406c0b3713

#### Resource Data

- Category: inferred
- Tonnes: 1500000000
- Grade: 14
- Grade Unit: ppm
- Cutoff Grade: 1000
- Cutoff Unit: ppm TREO

#### Prior Estimate

- Resource Date: 2026-10-12

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: The large Inferred Mineral Resource demonstrates significant scale potential for Jupiter, though further drilling is required to upgrade confidence, reported under JORC 2012 with QP sign-off.

- Positive factor: large\_resource\_scale

- Positive factor: jorc\_compliant

- Positive factor: qp\_signed

- Negative factor: high\_inferred\_proportion

Evidence · table

> 14

Context: 1,500

#### 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/cri-october-2026-ignite-investment-summit-investor-presentation--96f2274a-4ed3-4cc2-8f4d-2739cd9b527d#fact-resource-facts-36)

Jupiter · yttrium\_oxide

#### Identity

- Project: Jupiter
- Commodity: yttrium\_oxide
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CRI

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mr Rodney Brown, Dr Stuart Owen, Dr Natalee Bonnici
- Resource group id: resource:cef42186b7406c0b3713

#### Resource Data

- Category: inferred
- Tonnes: 1500000000
- Grade: 72
- Grade Unit: ppm
- Cutoff Grade: 1000
- Cutoff Unit: ppm TREO

#### Prior Estimate

- Resource Date: 2026-10-12

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: The large Inferred Mineral Resource demonstrates significant scale potential for Jupiter, though further drilling is required to upgrade confidence, reported under JORC 2012 with QP sign-off.

- Positive factor: large\_resource\_scale

- Positive factor: jorc\_compliant

- Positive factor: qp\_signed

- Negative factor: high\_inferred\_proportion

Evidence · table

> 72

Context: 1,500

#### 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/cri-october-2026-ignite-investment-summit-investor-presentation--96f2274a-4ed3-4cc2-8f4d-2739cd9b527d#fact-resource-facts-37)

Jupiter · scandium\_oxide

#### Identity

- Project: Jupiter
- Commodity: scandium\_oxide
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CRI

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mr Rodney Brown, Dr Stuart Owen, Dr Natalee Bonnici
- Resource group id: resource:cef42186b7406c0b3713

#### Resource Data

- Category: inferred
- Tonnes: 1500000000
- Grade: 36
- Grade Unit: ppm
- Cutoff Grade: 1000
- Cutoff Unit: ppm TREO

#### Prior Estimate

- Resource Date: 2026-10-12

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: The large Inferred Mineral Resource demonstrates significant scale potential for Jupiter, though further drilling is required to upgrade confidence, reported under JORC 2012 with QP sign-off.

- Positive factor: large\_resource\_scale

- Positive factor: jorc\_compliant

- Positive factor: qp\_signed

- Negative factor: high\_inferred\_proportion

Evidence · table

> 36

Context: 1,500

#### 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/cri-october-2026-ignite-investment-summit-investor-presentation--96f2274a-4ed3-4cc2-8f4d-2739cd9b527d#fact-resource-facts-38)

Jupiter · gallium\_oxide

#### Identity

- Project: Jupiter
- Commodity: gallium\_oxide
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CRI

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mr Rodney Brown, Dr Stuart Owen, Dr Natalee Bonnici
- Resource group id: resource:cef42186b7406c0b3713

#### Resource Data

- Category: inferred
- Tonnes: 1500000000
- Grade: 40
- Grade Unit: ppm
- Cutoff Grade: 1000
- Cutoff Unit: ppm TREO

#### Prior Estimate

- Resource Date: 2026-10-12

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: The large Inferred Mineral Resource demonstrates significant scale potential for Jupiter, though further drilling is required to upgrade confidence, reported under JORC 2012 with QP sign-off.

- Positive factor: large\_resource\_scale

- Positive factor: jorc\_compliant

- Positive factor: qp\_signed

- Negative factor: high\_inferred\_proportion

Evidence · table

> 40

Context: 1,500

#### 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/cri-october-2026-ignite-investment-summit-investor-presentation--96f2274a-4ed3-4cc2-8f4d-2739cd9b527d#fact-resource-facts-39)

Jupiter · iron\_ore

#### Identity

- Project: Jupiter
- Commodity: iron\_ore
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CRI

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Mr Rodney Brown, Dr Stuart Owen, Dr Natalee Bonnici
- Resource group id: resource:cef42186b7406c0b3713

#### Resource Data

- Category: inferred
- Tonnes: 1500000000
- Grade: 7.5
- Grade Unit: %
- Cutoff Grade: 1000
- Cutoff Unit: ppm TREO

#### Prior Estimate

- Resource Date: 2026-10-12

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: The large Inferred Mineral Resource demonstrates significant scale potential for Jupiter, though further drilling is required to upgrade confidence, reported under JORC 2012 with QP sign-off.

- Positive factor: large\_resource\_scale

- Positive factor: jorc\_compliant

- Positive factor: qp\_signed

- Negative factor: high\_inferred\_proportion

Evidence · table

> 7.5

Context: 1,500

#### 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 (10)

### Fact 1

[Link to this fact](https://atlas-staging.minestarters.com/news/cri-october-2026-ignite-investment-summit-investor-presentation--96f2274a-4ed3-4cc2-8f4d-2739cd9b527d#fact-metallurgical-facts-17)

Mt Lindsay · tin

#### Identity

- Project: Mt Lindsay
- Commodity: tin
- Region: australia\_tas
- Reported Region: Tasmania
- Ticker: CRI

#### Recovery

- Recovery: 75 %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: The Mt Lindsay Scoping Study demonstrates strong economic viability with a high NPV, IRR, and rapid payback, despite being a preliminary study with some funding and recovery uncertainties.

- Positive factor: strong\_npv

- Positive factor: high\_irr

- Positive factor: rapid\_payback

- Negative factor: preliminary\_study\_limitations

- Negative factor: funding\_not\_secured

- Negative factor: inferred\_in\_production\_target

- Negative factor: processing\_recovery\_not\_fully\_demonstrated

Evidence · text

> 75% tin

### Fact 2

[Link to this fact](https://atlas-staging.minestarters.com/news/cri-october-2026-ignite-investment-summit-investor-presentation--96f2274a-4ed3-4cc2-8f4d-2739cd9b527d#fact-metallurgical-facts-18)

Mt Lindsay · tungsten

#### Identity

- Project: Mt Lindsay
- Commodity: tungsten
- Region: australia\_tas
- Reported Region: Tasmania
- Ticker: CRI

#### Recovery

- Recovery: 85 %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: The Mt Lindsay Scoping Study demonstrates strong economic viability with a high NPV, IRR, and rapid payback, despite being a preliminary study with some funding and recovery uncertainties.

- Positive factor: strong\_npv

- Positive factor: high\_irr

- Positive factor: rapid\_payback

- Negative factor: preliminary\_study\_limitations

- Negative factor: funding\_not\_secured

- Negative factor: inferred\_in\_production\_target

- Negative factor: processing\_recovery\_not\_fully\_demonstrated

Evidence · text

> 85% WO₃

### Fact 3

[Link to this fact](https://atlas-staging.minestarters.com/news/cri-october-2026-ignite-investment-summit-investor-presentation--96f2274a-4ed3-4cc2-8f4d-2739cd9b527d#fact-metallurgical-facts-19)

Mt Lindsay · iron\_ore

#### Identity

- Project: Mt Lindsay
- Commodity: iron\_ore
- Region: australia\_tas
- Reported Region: Tasmania
- Ticker: CRI

#### Recovery

- Recovery: 98 %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: The Mt Lindsay Scoping Study demonstrates strong economic viability with a high NPV, IRR, and rapid payback, despite being a preliminary study with some funding and recovery uncertainties.

- Positive factor: strong\_npv

- Positive factor: high\_irr

- Positive factor: rapid\_payback

- Negative factor: preliminary\_study\_limitations

- Negative factor: funding\_not\_secured

- Negative factor: inferred\_in\_production\_target

- Negative factor: processing\_recovery\_not\_fully\_demonstrated

Evidence · text

> 98% magnetite

### pilot plant

[Link to this fact](https://atlas-staging.minestarters.com/news/cri-october-2026-ignite-investment-summit-investor-presentation--96f2274a-4ed3-4cc2-8f4d-2739cd9b527d#fact-metallurgical-facts-40)

Jupiter · rare\_earths

#### Identity

- Project: Jupiter
- Commodity: rare\_earths
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CRI

#### Test Work

- Program Status: optimization
- Test Type: pilot plant
- Processing Route: beneficiation
- Sample: multiple Jupiter ore types

#### Recovery

- Mass Pull: 95 %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: Pilot plant testwork for Jupiter demonstrates high recoveries and significant grade uplift for rare earths, gallium, and yttrium, although commercial scale applicability still needs to be fully demonstrated.

- Positive factor: high\_recovery

- Positive factor: pilot\_scale\_testwork

- Positive factor: significant\_grade\_uplift

- Negative factor: applicability\_to\_commercial\_scale\_to\_be\_demonstrated

Evidence · text

> ~95%+ mass rejection

#### Tags used in scoring

**Pilot Scale Complete**

Polarity: positive

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

Why it applies: test\_type names pilot-scale work

### pilot plant

[Link to this fact](https://atlas-staging.minestarters.com/news/cri-october-2026-ignite-investment-summit-investor-presentation--96f2274a-4ed3-4cc2-8f4d-2739cd9b527d#fact-metallurgical-facts-41)

Jupiter · rare\_earths

#### Identity

- Project: Jupiter
- Commodity: rare\_earths
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CRI

#### Test Work

- Program Status: optimization
- Test Type: pilot plant
- Processing Route: beneficiation
- Sample: multiple Jupiter ore types

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: Pilot plant testwork for Jupiter demonstrates high recoveries and significant grade uplift for rare earths, gallium, and yttrium, although commercial scale applicability still needs to be fully demonstrated.

- Positive factor: high\_recovery

- Positive factor: pilot\_scale\_testwork

- Positive factor: significant\_grade\_uplift

- Negative factor: applicability\_to\_commercial\_scale\_to\_be\_demonstrated

Evidence · text

> Up to 14x Grade uplift

#### Tags used in scoring

**Pilot Scale Complete**

Polarity: positive

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

Why it applies: test\_type names pilot-scale work

### pilot plant

[Link to this fact](https://atlas-staging.minestarters.com/news/cri-october-2026-ignite-investment-summit-investor-presentation--96f2274a-4ed3-4cc2-8f4d-2739cd9b527d#fact-metallurgical-facts-42)

Jupiter · rare\_earths

#### Identity

- Project: Jupiter
- Commodity: rare\_earths
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CRI

#### Test Work

- Program Status: optimization
- Test Type: pilot plant
- Processing Route: beneficiation
- Sample: multiple Jupiter ore types

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: Pilot plant testwork for Jupiter demonstrates high recoveries and significant grade uplift for rare earths, gallium, and yttrium, although commercial scale applicability still needs to be fully demonstrated.

- Positive factor: high\_recovery

- Positive factor: pilot\_scale\_testwork

- Positive factor: significant\_grade\_uplift

- Negative factor: applicability\_to\_commercial\_scale\_to\_be\_demonstrated

Evidence · text

> MREC 58% TREO

#### Tags used in scoring

**Pilot Scale Complete**

Polarity: positive

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

Why it applies: test\_type names pilot-scale work

### pilot plant

[Link to this fact](https://atlas-staging.minestarters.com/news/cri-october-2026-ignite-investment-summit-investor-presentation--96f2274a-4ed3-4cc2-8f4d-2739cd9b527d#fact-metallurgical-facts-43)

Jupiter · rare\_earths

#### Identity

- Project: Jupiter
- Commodity: rare\_earths
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CRI

#### Test Work

- Program Status: optimization
- Test Type: pilot plant
- Processing Route: beneficiation
- Sample: multiple Jupiter ore types

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: Pilot plant testwork for Jupiter demonstrates high recoveries and significant grade uplift for rare earths, gallium, and yttrium, although commercial scale applicability still needs to be fully demonstrated.

- Positive factor: high\_recovery

- Positive factor: pilot\_scale\_testwork

- Positive factor: significant\_grade\_uplift

- Negative factor: applicability\_to\_commercial\_scale\_to\_be\_demonstrated

Evidence · text

> MREO 97% TREO

#### Tags used in scoring

**Pilot Scale Complete**

Polarity: positive

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

Why it applies: test\_type names pilot-scale work

### pilot plant

[Link to this fact](https://atlas-staging.minestarters.com/news/cri-october-2026-ignite-investment-summit-investor-presentation--96f2274a-4ed3-4cc2-8f4d-2739cd9b527d#fact-metallurgical-facts-44)

Jupiter · gallium

#### Identity

- Project: Jupiter
- Commodity: gallium
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CRI

#### Test Work

- Program Status: optimization
- Test Type: pilot plant
- Processing Route: beneficiation
- Sample: multiple Jupiter ore types

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: Pilot plant testwork for Jupiter demonstrates high recoveries and significant grade uplift for rare earths, gallium, and yttrium, although commercial scale applicability still needs to be fully demonstrated.

- Positive factor: high\_recovery

- Positive factor: pilot\_scale\_testwork

- Positive factor: significant\_grade\_uplift

- Negative factor: applicability\_to\_commercial\_scale\_to\_be\_demonstrated

Evidence · text

> ~63% leach extraction

#### Tags used in scoring

**Pilot Scale Complete**

Polarity: positive

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

Why it applies: test\_type names pilot-scale work

### pilot plant

[Link to this fact](https://atlas-staging.minestarters.com/news/cri-october-2026-ignite-investment-summit-investor-presentation--96f2274a-4ed3-4cc2-8f4d-2739cd9b527d#fact-metallurgical-facts-45)

Jupiter · yttrium

#### Identity

- Project: Jupiter
- Commodity: yttrium
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CRI

#### Test Work

- Program Status: optimization
- Test Type: pilot plant
- Processing Route: beneficiation
- Sample: multiple Jupiter ore types

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: Pilot plant testwork for Jupiter demonstrates high recoveries and significant grade uplift for rare earths, gallium, and yttrium, although commercial scale applicability still needs to be fully demonstrated.

- Positive factor: high\_recovery

- Positive factor: pilot\_scale\_testwork

- Positive factor: significant\_grade\_uplift

- Negative factor: applicability\_to\_commercial\_scale\_to\_be\_demonstrated

Evidence · text

> &gt;30,000% upgrade

#### Tags used in scoring

**Pilot Scale Complete**

Polarity: positive

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

Why it applies: test\_type names pilot-scale work

### pilot plant

[Link to this fact](https://atlas-staging.minestarters.com/news/cri-october-2026-ignite-investment-summit-investor-presentation--96f2274a-4ed3-4cc2-8f4d-2739cd9b527d#fact-metallurgical-facts-46)

Jupiter · yttrium

#### Identity

- Project: Jupiter
- Commodity: yttrium
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: CRI

#### Test Work

- Program Status: optimization
- Test Type: pilot plant
- Processing Route: beneficiation
- Sample: multiple Jupiter ore types

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: Pilot plant testwork for Jupiter demonstrates high recoveries and significant grade uplift for rare earths, gallium, and yttrium, although commercial scale applicability still needs to be fully demonstrated.

- Positive factor: high\_recovery

- Positive factor: pilot\_scale\_testwork

- Positive factor: significant\_grade\_uplift

- Negative factor: applicability\_to\_commercial\_scale\_to\_be\_demonstrated

Evidence · text

> ~2.4% in product

#### Tags used in scoring

**Pilot Scale Complete**

Polarity: positive

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

Why it applies: test\_type names pilot-scale work

## 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.
