DEV: Annual Report June 2026
Original announcement by asx on
- Company
- DevEx Resources Limited
- Ticker
- DEV
- Exchange
- ASX
- Region
- Northern Territory
- Primary commodity
- Uranium
- Secondary commodities
- Rare earth elements, Copper, Nickel
- Document categories
- Resource update, Drill results, Capital raise
- Extracted
- 2026-09-29 13:24:31 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
DevEx Resources Limited's 2026 Annual Report highlights a strategic focus on uranium exploration, consolidating a dominant land position in Australia's Alligator Rivers Uranium Province. The company successfully completed a $38.9 million capital raise, strengthening its balance sheet to fund expanded exploration. Ongoing drilling at Nabarlek and Murphy West has yielded early encouraging results, while the Kennedy Rare Earth Element Project's resource estimate remains unchanged.
Reasoning: DevEx Resources Limited's annual report highlights a strong strategic focus on uranium, marked by significant landholding consolidation and a successful capital raise. While some exploration results are early-stage and the REE resource is unchanged, the company is actively advancing its projects in a resurgent uranium market, supported by a strengthened balance sheet and new leadership.
Positive factors
- Strategic land position consolidated in a key uranium province
- Successful capital raise strengthening balance sheet
- Active exploration programs with some encouraging early results
- New leadership appointments
- Strong uranium market outlook
Negative factors
- Exploration and evaluation expenditure expensed leading to net loss
- Kennedy REE MRE is unchanged and stale
- Jimblebar project being assessed for assignment (potential divestment)
- Big Radon drill result is low grade and based on eU3O8, not assay
- Historical drill results re-released, lowering novelty
Low confidence — this extraction should be reviewed alongside the original source.
Facts used in scoring: 48
Classification and evidence
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: The Kennedy Project Mineral Resource Estimate is entirely classified as Inferred, which is the lowest confidence category.
Evidence · text
“The Inferred Mineral Resource Estimate for Kennedy remains unchanged from that first reported on 4 July 2024, comprising 150Mt at 1,000ppm TREO (470ppm TREO-CeO₂) at a cut-off grade of 325ppm TREO-CeO₂, or 88Mt at 1,200ppm TREO (560ppm TREO-CeO₂) at a 475ppm cut-off grade.”
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: The company explicitly states that its Mineral Resources are reported in accordance with the JORC Code (2012).
Evidence · text
“The Company reports its Mineral Resources in accordance with the JORC Code (2012 of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves) and the ASX Listing Rules.”
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: The Mineral Resource estimate is based on information compiled by Mr Jonathon Abbott, a Competent Person.
Evidence · text
“The information in this Annual Report that relates to Mineral Resources is based on information compiled by Mr Jonathon Abbott, a Competent Person who is a Member of the Australian Institute of Geoscientists and a director of Matrix Resource Consultants Pty Ltd.”
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: The effective date of the Kennedy Mineral Resource Estimate is 4 July 2024, which is more than two years prior to the annual report's publication date of September 2026.
Evidence · text
“On 4 July 2024, the Company reported its maiden Inferred Mineral Resource estimate for the Kennedy Project in Queensland. No new Mineral Resource estimates have been reported during the year, and the Company confirms that there have been no changes to the previously reported Mineral Resource estimate.”
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: The document reports 'previous drilling at U40 Prospect' and 'Historical drilling at Caramal' with specific numbers, indicating these are not new assays.
Evidence · text
“previous drilling at U40 Prospect returned high-grade, shallow mineralisation over some 500 metres of strike, including 6.0m @ 7.6% U₃O₈ from 75m (NAD7492) and 4.8m @ 1.9% U₃O₈ from 80m (NAD7493).”
Apparent Width Onlynegative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Why it applies: The drill result for Big Radon is reported as 'down-hole gamma reporting 1.6m' without any mention of true width or drill orientation.
Evidence · text
“down-hole gamma reporting 1.6m @ 680ppm uranium equivalent (eU₃O₈) from 26 metres”
Low Grade Interceptnegative · Story-specific tag
No canonical definition is currently available.
Why it applies: The reported grade of 680ppm eU₃O₈ (0.068% eU₃O₈) is below the moderate threshold (0.1%) for uranium and significantly lower than historical production grades in the region (e.g., Nabarlek at 1.84% U₃O₈).
Evidence · text
“1.6m @ 680ppm uranium equivalent (eU₃O₈) from 26 metres”
Capital Raise Completedpositive · Story-specific tag
No canonical definition is currently available.
Why it applies: The company successfully completed a two-tranche placement and a Share Purchase Plan, raising a total of $38.9 million.
Evidence · text
“During the year we also completed a well-supported capital raising totalling $38.9 million, underpinning the NT acquisitions and expanded exploration campaign, and closed the period well-funded with $27.2 million in cash.”
Extracted facts
Stored fact records: 48. Some facts used in scoring do not have a stored record.
Drill Results (7)
NAD7492Nabarlek North · uraniumGrade: 7.6Grade Unit: %Intercept: 6 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- NAD7492
- Project
- Nabarlek North
- Commodity
- uranium
- Region
- australia_nt
- Reported Region
- australia_nt
- Ticker
- DEV
Geometry
- Grade
- 7.6
- Grade Unit
- %
- Intercept
- 6 m
- From
- 75 m
- To
- 81 m
- Intercept Depth
- 75 m
Classification
- Sample Type
- drill
- Group ID
- NAD7492:75-81
Metal Equivalent
- Assumptions Disclosed
- No
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is a high-grade historical uranium intercept over a good width, indicating strong prospectivity for the area, though it is not new information.
Positive factors
- High Grade Intercept
- Good Intercept Width
Negative factors
- Stale Data Re-release
Evidence · text
“6.0m @ 7.6% U₃O₈ from 75m (NAD7492)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
NAD7493Nabarlek North · uraniumGrade: 1.9Grade Unit: %Intercept: 4.8 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- NAD7493
- Project
- Nabarlek North
- Commodity
- uranium
- Region
- australia_nt
- Reported Region
- australia_nt
- Ticker
- DEV
Geometry
- Grade
- 1.9
- Grade Unit
- %
- Intercept
- 4.8 m
- From
- 80 m
- To
- 84.8 m
- Intercept Depth
- 80 m
Classification
- Sample Type
- drill
- Group ID
- NAD7493:80-84.8
Metal Equivalent
- Assumptions Disclosed
- No
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is a high-grade historical uranium intercept over a good width, indicating strong prospectivity for the area, though it is not new information.
Positive factors
- High Grade Intercept
- Good Intercept Width
Negative factors
- Stale Data Re-release
Evidence · text
“4.8m @ 1.9% U₃O₈ from 80m (NAD7493)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
NAR26002Nabarlek North · uraniumGrade: 680Grade Unit: ppm eU₃O₈Intercept: 1.6 mView all detailsHide details
Identity
- Hole ID
- NAR26002
- Project
- Nabarlek North
- Commodity
- uranium
- Region
- australia_nt
- Reported Region
- australia_nt
- Ticker
- DEV
Geometry
- Grade
- 680
- Grade Unit
- ppm eU₃O₈
- Intercept
- 1.6 m
- From
- 26 m
- To
- 27.6 m
- Intercept Depth
- 26 m
Classification
- Sample Type
- drill
- Group ID
- NAR26002:26-27.6
Metal Equivalent
- Metal Eq. Grade
- 680
- Metal Eq. Unit
- ppm eU₃O₈
- Assumptions Disclosed
- No
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is a shallow, low-grade uranium equivalent intercept over a narrow width, which is not an assay and lacks true width disclosure, limiting its significance despite being new.
Positive factors
- Shallow Intercept
Negative factors
- Low Grade Intercept
- Apparent Width Only
- eU3O8 not assay
Evidence · text
“1.6m @ 680ppm uranium equivalent (eU₃O₈) from 26 metres”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Metal Equivalent Opaquenegative
Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.
Why it applies: an equivalent grade is reported without its assumptions
NAR26002Nabarlek North · uraniumGrade: 1041Grade Unit: ppm eU₃O₈Intercept: 0.4 mView all detailsHide details
Identity
- Hole ID
- NAR26002
- Project
- Nabarlek North
- Commodity
- uranium
- Region
- australia_nt
- Reported Region
- australia_nt
- Ticker
- DEV
Geometry
- Grade
- 1041
- Grade Unit
- ppm eU₃O₈
- Intercept
- 0.4 m
Classification
- Sample Type
- drill
Metal Equivalent
- Metal Eq. Grade
- 1041
- Metal Eq. Unit
- ppm eU₃O₈
- Assumptions Disclosed
- No
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is a shallow, low-grade uranium equivalent sub-intercept over a very narrow width, which is not an assay and lacks true width disclosure, limiting its significance despite being new.
Positive factors
- Shallow Intercept
Negative factors
- Low Grade Intercept
- Apparent Width Only
- eU3O8 not assay
- Very Narrow Intercept
Evidence · text
“0.4m @ 1,041ppm eU₃O₈”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Metal Equivalent Opaquenegative
Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.
Why it applies: an equivalent grade is reported without its assumptions
CAD11-020Nabarlek North · uraniumGrade: 0.71Grade Unit: %Intercept: 14 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- CAD11-020
- Project
- Nabarlek North
- Commodity
- uranium
- Region
- australia_nt
- Reported Region
- australia_nt
- Ticker
- DEV
Geometry
- Grade
- 0.71
- Grade Unit
- %
- Intercept
- 14 m
- From
- 108 m
- To
- 122 m
- Intercept Depth
- 108 m
Classification
- Sample Type
- drill
- Group ID
- CAD11-020:108-122
Metal Equivalent
- Assumptions Disclosed
- No
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is a high-grade historical uranium intercept over a good width, indicating strong prospectivity for the area, though it is not new information.
Positive factors
- High Grade Intercept
- Good Intercept Width
Negative factors
- Stale Data Re-release
Evidence · text
“14m @ 0.71% U₃O₈ from 108m (CAD11-020)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
OBRD12-067Nabarlek North · uraniumGrade: 0.22Grade Unit: %Intercept: 21 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- OBRD12-067
- Project
- Nabarlek North
- Commodity
- uranium
- Region
- australia_nt
- Reported Region
- australia_nt
- Ticker
- DEV
Geometry
- Grade
- 0.22
- Grade Unit
- %
- Intercept
- 21 m
- From
- 126 m
- To
- 147 m
- Intercept Depth
- 126 m
Classification
- Sample Type
- drill
- Group ID
- OBRD12-067:126-147
Metal Equivalent
- Assumptions Disclosed
- No
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is a moderate-grade historical uranium intercept over a strong width, indicating good prospectivity for the area, though it is not new information.
Positive factors
- Moderate Grade Intercept
- Strong Intercept Width
Negative factors
- Stale Data Re-release
Evidence · text
“21m @ 0.22% U₃O₈ from 126m (OBRD12-067)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
OBRD12-068Nabarlek North · uraniumGrade: 0.49Grade Unit: %Intercept: 13 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- OBRD12-068
- Project
- Nabarlek North
- Commodity
- uranium
- Region
- australia_nt
- Reported Region
- australia_nt
- Ticker
- DEV
Geometry
- Grade
- 0.49
- Grade Unit
- %
- Intercept
- 13 m
- From
- 75 m
- To
- 88 m
- Intercept Depth
- 75 m
Classification
- Sample Type
- drill
- Group ID
- OBRD12-068:75-88
Metal Equivalent
- Assumptions Disclosed
- No
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is a high-grade historical uranium intercept over a good width, indicating strong prospectivity for the area, though it is not new information.
Positive factors
- High Grade Intercept
- Good Intercept Width
Negative factors
- Stale Data Re-release
Evidence · text
“13m @ 0.49% U₃O₈ from 75m (OBRD12-068)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
Resource Estimates (41)
inferredKennedy · treoTonnes: 150000000Grade: 1100Grade Unit: ppmView all detailsHide details
Identity
- Project
- Kennedy
- Commodity
- treo
- Region
- australia_qld
- Reported Region
- North Queensland
- Ticker
- DEV
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Jonathon Abbott
- Resource group id
- resource:f51899b46d5e5868eb23
Resource Data
- Category
- inferred
- Tonnes
- 150000000
- Grade
- 1100
- Grade Unit
- ppm
- Cutoff Grade
- 325
- Cutoff Unit
- ppm TREO-CeO2
Prior Estimate
- Resource Date
- 2024-07-04
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is an Inferred Mineral Resource estimate, which is the lowest confidence category, and it remains unchanged from 2024, indicating low novelty. However, it is JORC compliant and signed by a Competent Person.
Positive factors
- JORC Compliant
- QP/CP Signed
Negative factors
- Inferred Resource
- Stale Estimate
Evidence · table
“1,100”
Context: 150
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.2 years before this release
inferredKennedy · treo-ceo2Tonnes: 150000000Grade: 470Grade Unit: ppmView all detailsHide details
Identity
- Project
- Kennedy
- Commodity
- treo-ceo2
- Region
- australia_qld
- Reported Region
- North Queensland
- Ticker
- DEV
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Jonathon Abbott
- Resource group id
- resource:f51899b46d5e5868eb23
Resource Data
- Category
- inferred
- Tonnes
- 150000000
- Grade
- 470
- Grade Unit
- ppm
- Cutoff Grade
- 325
- Cutoff Unit
- ppm TREO-CeO2
Prior Estimate
- Resource Date
- 2024-07-04
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is an Inferred Mineral Resource estimate, which is the lowest confidence category, and it remains unchanged from 2024, indicating low novelty. However, it is JORC compliant and signed by a Competent Person.
Positive factors
- JORC Compliant
- QP/CP Signed
Negative factors
- Inferred Resource
- Stale Estimate
Evidence · table
“470”
Context: 150
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.2 years before this release
inferredKennedy · pr6o11Tonnes: 150000000Grade: 32Grade Unit: ppmView all detailsHide details
Identity
- Project
- Kennedy
- Commodity
- pr6o11
- Region
- australia_qld
- Reported Region
- North Queensland
- Ticker
- DEV
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Jonathon Abbott
- Resource group id
- resource:f51899b46d5e5868eb23
Resource Data
- Category
- inferred
- Tonnes
- 150000000
- Grade
- 32
- Grade Unit
- ppm
- Cutoff Grade
- 325
- Cutoff Unit
- ppm TREO-CeO2
Prior Estimate
- Resource Date
- 2024-07-04
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is an Inferred Mineral Resource estimate, which is the lowest confidence category, and it remains unchanged from 2024, indicating low novelty. However, it is JORC compliant and signed by a Competent Person.
Positive factors
- JORC Compliant
- QP/CP Signed
Negative factors
- Inferred Resource
- Stale Estimate
Evidence · table
“32”
Context: 150
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.2 years before this release
inferredKennedy · nd2o3Tonnes: 150000000Grade: 120Grade Unit: ppmView all detailsHide details
Identity
- Project
- Kennedy
- Commodity
- nd2o3
- Region
- australia_qld
- Reported Region
- North Queensland
- Ticker
- DEV
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Jonathon Abbott
- Resource group id
- resource:f51899b46d5e5868eb23
Resource Data
- Category
- inferred
- Tonnes
- 150000000
- Grade
- 120
- Grade Unit
- ppm
- Cutoff Grade
- 325
- Cutoff Unit
- ppm TREO-CeO2
Prior Estimate
- Resource Date
- 2024-07-04
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is an Inferred Mineral Resource estimate, which is the lowest confidence category, and it remains unchanged from 2024, indicating low novelty. However, it is JORC compliant and signed by a Competent Person.
Positive factors
- JORC Compliant
- QP/CP Signed
Negative factors
- Inferred Resource
- Stale Estimate
Evidence · table
“120”
Context: 150
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.2 years before this release
inferredKennedy · tb4o7Tonnes: 150000000Grade: 3.7Grade Unit: ppmView all detailsHide details
Identity
- Project
- Kennedy
- Commodity
- tb4o7
- Region
- australia_qld
- Reported Region
- North Queensland
- Ticker
- DEV
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Jonathon Abbott
- Resource group id
- resource:f51899b46d5e5868eb23
Resource Data
- Category
- inferred
- Tonnes
- 150000000
- Grade
- 3.7
- Grade Unit
- ppm
- Cutoff Grade
- 325
- Cutoff Unit
- ppm TREO-CeO2
Prior Estimate
- Resource Date
- 2024-07-04
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is an Inferred Mineral Resource estimate, which is the lowest confidence category, and it remains unchanged from 2024, indicating low novelty. However, it is JORC compliant and signed by a Competent Person.
Positive factors
- JORC Compliant
- QP/CP Signed
Negative factors
- Inferred Resource
- Stale Estimate
Evidence · table
“3.7”
Context: 150
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.2 years before this release
inferredKennedy · dy2o3Tonnes: 150000000Grade: 22Grade Unit: ppmView all detailsHide details
Identity
- Project
- Kennedy
- Commodity
- dy2o3
- Region
- australia_qld
- Reported Region
- North Queensland
- Ticker
- DEV
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Jonathon Abbott
- Resource group id
- resource:f51899b46d5e5868eb23
Resource Data
- Category
- inferred
- Tonnes
- 150000000
- Grade
- 22
- Grade Unit
- ppm
- Cutoff Grade
- 325
- Cutoff Unit
- ppm TREO-CeO2
Prior Estimate
- Resource Date
- 2024-07-04
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is an Inferred Mineral Resource estimate, which is the lowest confidence category, and it remains unchanged from 2024, indicating low novelty. However, it is JORC compliant and signed by a Competent Person.
Positive factors
- JORC Compliant
- QP/CP Signed
Negative factors
- Inferred Resource
- Stale Estimate
Evidence · table
“22”
Context: 150
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.2 years before this release
inferredKennedy · mreoTonnes: 150000000Grade: 180Grade Unit: ppmView all detailsHide details
Identity
- Project
- Kennedy
- Commodity
- mreo
- Region
- australia_qld
- Reported Region
- North Queensland
- Ticker
- DEV
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Jonathon Abbott
- Resource group id
- resource:f51899b46d5e5868eb23
Resource Data
- Category
- inferred
- Tonnes
- 150000000
- Grade
- 180
- Grade Unit
- ppm
- Cutoff Grade
- 325
- Cutoff Unit
- ppm TREO-CeO2
Prior Estimate
- Resource Date
- 2024-07-04
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is an Inferred Mineral Resource estimate, which is the lowest confidence category, and it remains unchanged from 2024, indicating low novelty. However, it is JORC compliant and signed by a Competent Person.
Positive factors
- JORC Compliant
- QP/CP Signed
Negative factors
- Inferred Resource
- Stale Estimate
Evidence · table
“180”
Context: 150
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.2 years before this release
inferredKennedy · la2o3Tonnes: 150000000Grade: 93Grade Unit: ppmView all detailsHide details
Identity
- Project
- Kennedy
- Commodity
- la2o3
- Region
- australia_qld
- Reported Region
- North Queensland
- Ticker
- DEV
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Jonathon Abbott
- Resource group id
- resource:f51899b46d5e5868eb23
Resource Data
- Category
- inferred
- Tonnes
- 150000000
- Grade
- 93
- Grade Unit
- ppm
- Cutoff Grade
- 325
- Cutoff Unit
- ppm TREO-CeO2
Prior Estimate
- Resource Date
- 2024-07-04
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is an Inferred Mineral Resource estimate, which is the lowest confidence category, and it remains unchanged from 2024, indicating low novelty. However, it is JORC compliant and signed by a Competent Person.
Positive factors
- JORC Compliant
- QP/CP Signed
Negative factors
- Inferred Resource
- Stale Estimate
Evidence · table
“93”
Context: 150
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.2 years before this release
inferredKennedy · ceo2Tonnes: 150000000Grade: 530Grade Unit: ppmView all detailsHide details
Identity
- Project
- Kennedy
- Commodity
- ceo2
- Region
- australia_qld
- Reported Region
- North Queensland
- Ticker
- DEV
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Jonathon Abbott
- Resource group id
- resource:f51899b46d5e5868eb23
Resource Data
- Category
- inferred
- Tonnes
- 150000000
- Grade
- 530
- Grade Unit
- ppm
- Cutoff Grade
- 325
- Cutoff Unit
- ppm TREO-CeO2
Prior Estimate
- Resource Date
- 2024-07-04
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is an Inferred Mineral Resource estimate, which is the lowest confidence category, and it remains unchanged from 2024, indicating low novelty. However, it is JORC compliant and signed by a Competent Person.
Positive factors
- JORC Compliant
- QP/CP Signed
Negative factors
- Inferred Resource
- Stale Estimate
Evidence · table
“530”
Context: 150
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.2 years before this release
inferredKennedy · sm2o3Tonnes: 150000000Grade: 27Grade Unit: ppmView all detailsHide details
Identity
- Project
- Kennedy
- Commodity
- sm2o3
- Region
- australia_qld
- Reported Region
- North Queensland
- Ticker
- DEV
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Jonathon Abbott
- Resource group id
- resource:f51899b46d5e5868eb23
Resource Data
- Category
- inferred
- Tonnes
- 150000000
- Grade
- 27
- Grade Unit
- ppm
- Cutoff Grade
- 325
- Cutoff Unit
- ppm TREO-CeO2
Prior Estimate
- Resource Date
- 2024-07-04
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is an Inferred Mineral Resource estimate, which is the lowest confidence category, and it remains unchanged from 2024, indicating low novelty. However, it is JORC compliant and signed by a Competent Person.
Positive factors
- JORC Compliant
- QP/CP Signed
Negative factors
- Inferred Resource
- Stale Estimate
Evidence · table
“27”
Context: 150
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.2 years before this release
inferredKennedy · eu2o3Tonnes: 150000000Grade: 4.1Grade Unit: ppmView all detailsHide details
Identity
- Project
- Kennedy
- Commodity
- eu2o3
- Region
- australia_qld
- Reported Region
- North Queensland
- Ticker
- DEV
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Jonathon Abbott
- Resource group id
- resource:f51899b46d5e5868eb23
Resource Data
- Category
- inferred
- Tonnes
- 150000000
- Grade
- 4.1
- Grade Unit
- ppm
- Cutoff Grade
- 325
- Cutoff Unit
- ppm TREO-CeO2
Prior Estimate
- Resource Date
- 2024-07-04
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is an Inferred Mineral Resource estimate, which is the lowest confidence category, and it remains unchanged from 2024, indicating low novelty. However, it is JORC compliant and signed by a Competent Person.
Positive factors
- JORC Compliant
- QP/CP Signed
Negative factors
- Inferred Resource
- Stale Estimate
Evidence · table
“4.1”
Context: 150
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.2 years before this release
inferredKennedy · gd2o3Tonnes: 150000000Grade: 22Grade Unit: ppmView all detailsHide details
Identity
- Project
- Kennedy
- Commodity
- gd2o3
- Region
- australia_qld
- Reported Region
- North Queensland
- Ticker
- DEV
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Jonathon Abbott
- Resource group id
- resource:f51899b46d5e5868eb23
Resource Data
- Category
- inferred
- Tonnes
- 150000000
- Grade
- 22
- Grade Unit
- ppm
- Cutoff Grade
- 325
- Cutoff Unit
- ppm TREO-CeO2
Prior Estimate
- Resource Date
- 2024-07-04
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is an Inferred Mineral Resource estimate, which is the lowest confidence category, and it remains unchanged from 2024, indicating low novelty. However, it is JORC compliant and signed by a Competent Person.
Positive factors
- JORC Compliant
- QP/CP Signed
Negative factors
- Inferred Resource
- Stale Estimate
Evidence · table
“22”
Context: 150
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.2 years before this release
inferredKennedy · ho2o3Tonnes: 150000000Grade: 4.2Grade Unit: ppmView all detailsHide details
Identity
- Project
- Kennedy
- Commodity
- ho2o3
- Region
- australia_qld
- Reported Region
- North Queensland
- Ticker
- DEV
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Jonathon Abbott
- Resource group id
- resource:f51899b46d5e5868eb23
Resource Data
- Category
- inferred
- Tonnes
- 150000000
- Grade
- 4.2
- Grade Unit
- ppm
- Cutoff Grade
- 325
- Cutoff Unit
- ppm TREO-CeO2
Prior Estimate
- Resource Date
- 2024-07-04
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is an Inferred Mineral Resource estimate, which is the lowest confidence category, and it remains unchanged from 2024, indicating low novelty. However, it is JORC compliant and signed by a Competent Person.
Positive factors
- JORC Compliant
- QP/CP Signed
Negative factors
- Inferred Resource
- Stale Estimate
Evidence · table
“4.2”
Context: 150
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.2 years before this release
inferredKennedy · er2o3Tonnes: 150000000Grade: 12Grade Unit: ppmView all detailsHide details
Identity
- Project
- Kennedy
- Commodity
- er2o3
- Region
- australia_qld
- Reported Region
- North Queensland
- Ticker
- DEV
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Jonathon Abbott
- Resource group id
- resource:f51899b46d5e5868eb23
Resource Data
- Category
- inferred
- Tonnes
- 150000000
- Grade
- 12
- Grade Unit
- ppm
- Cutoff Grade
- 325
- Cutoff Unit
- ppm TREO-CeO2
Prior Estimate
- Resource Date
- 2024-07-04
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is an Inferred Mineral Resource estimate, which is the lowest confidence category, and it remains unchanged from 2024, indicating low novelty. However, it is JORC compliant and signed by a Competent Person.
Positive factors
- JORC Compliant
- QP/CP Signed
Negative factors
- Inferred Resource
- Stale Estimate
Evidence · table
“12”
Context: 150
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.2 years before this release
inferredKennedy · tm2o3Tonnes: 150000000Grade: 1.8Grade Unit: ppmView all detailsHide details
Identity
- Project
- Kennedy
- Commodity
- tm2o3
- Region
- australia_qld
- Reported Region
- North Queensland
- Ticker
- DEV
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Jonathon Abbott
- Resource group id
- resource:f51899b46d5e5868eb23
Resource Data
- Category
- inferred
- Tonnes
- 150000000
- Grade
- 1.8
- Grade Unit
- ppm
- Cutoff Grade
- 325
- Cutoff Unit
- ppm TREO-CeO2
Prior Estimate
- Resource Date
- 2024-07-04
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is an Inferred Mineral Resource estimate, which is the lowest confidence category, and it remains unchanged from 2024, indicating low novelty. However, it is JORC compliant and signed by a Competent Person.
Positive factors
- JORC Compliant
- QP/CP Signed
Negative factors
- Inferred Resource
- Stale Estimate
Evidence · table
“1.8”
Context: 150
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.2 years before this release
inferredKennedy · yb2o3Tonnes: 150000000Grade: 12Grade Unit: ppmView all detailsHide details
Identity
- Project
- Kennedy
- Commodity
- yb2o3
- Region
- australia_qld
- Reported Region
- North Queensland
- Ticker
- DEV
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Jonathon Abbott
- Resource group id
- resource:f51899b46d5e5868eb23
Resource Data
- Category
- inferred
- Tonnes
- 150000000
- Grade
- 12
- Grade Unit
- ppm
- Cutoff Grade
- 325
- Cutoff Unit
- ppm TREO-CeO2
Prior Estimate
- Resource Date
- 2024-07-04
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is an Inferred Mineral Resource estimate, which is the lowest confidence category, and it remains unchanged from 2024, indicating low novelty. However, it is JORC compliant and signed by a Competent Person.
Positive factors
- JORC Compliant
- QP/CP Signed
Negative factors
- Inferred Resource
- Stale Estimate
Evidence · table
“12”
Context: 150
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.2 years before this release
inferredKennedy · lu2o3Tonnes: 150000000Grade: 1.7Grade Unit: ppmView all detailsHide details
Identity
- Project
- Kennedy
- Commodity
- lu2o3
- Region
- australia_qld
- Reported Region
- North Queensland
- Ticker
- DEV
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Jonathon Abbott
- Resource group id
- resource:f51899b46d5e5868eb23
Resource Data
- Category
- inferred
- Tonnes
- 150000000
- Grade
- 1.7
- Grade Unit
- ppm
- Cutoff Grade
- 325
- Cutoff Unit
- ppm TREO-CeO2
Prior Estimate
- Resource Date
- 2024-07-04
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is an Inferred Mineral Resource estimate, which is the lowest confidence category, and it remains unchanged from 2024, indicating low novelty. However, it is JORC compliant and signed by a Competent Person.
Positive factors
- JORC Compliant
- QP/CP Signed
Negative factors
- Inferred Resource
- Stale Estimate
Evidence · table
“1.7”
Context: 150
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.2 years before this release
inferredKennedy · y2o3Tonnes: 150000000Grade: 110Grade Unit: ppmView all detailsHide details
Identity
- Project
- Kennedy
- Commodity
- y2o3
- Region
- australia_qld
- Reported Region
- North Queensland
- Ticker
- DEV
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Jonathon Abbott
- Resource group id
- resource:f51899b46d5e5868eb23
Resource Data
- Category
- inferred
- Tonnes
- 150000000
- Grade
- 110
- Grade Unit
- ppm
- Cutoff Grade
- 325
- Cutoff Unit
- ppm TREO-CeO2
Prior Estimate
- Resource Date
- 2024-07-04
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is an Inferred Mineral Resource estimate, which is the lowest confidence category, and it remains unchanged from 2024, indicating low novelty. However, it is JORC compliant and signed by a Competent Person.
Positive factors
- JORC Compliant
- QP/CP Signed
Negative factors
- Inferred Resource
- Stale Estimate
Evidence · table
“110”
Context: 150
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.2 years before this release
inferredKennedy · treoTonnes: 88000000Grade: 1200Grade Unit: ppmView all detailsHide details
Identity
- Project
- Kennedy
- Commodity
- treo
- Region
- australia_qld
- Reported Region
- North Queensland
- Ticker
- DEV
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Jonathon Abbott
- Resource group id
- resource:3daa01b3157e6bdaa514
Resource Data
- Category
- inferred
- Tonnes
- 88000000
- Grade
- 1200
- Grade Unit
- ppm
- Cutoff Grade
- 475
- Cutoff Unit
- ppm TREO-CeO2
Prior Estimate
- Resource Date
- 2024-07-04
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is an Inferred Mineral Resource estimate, which is the lowest confidence category, and it remains unchanged from 2024, indicating low novelty. However, it is JORC compliant and signed by a Competent Person.
Positive factors
- JORC Compliant
- QP/CP Signed
Negative factors
- Inferred Resource
- Stale Estimate
Evidence · table
“1,200”
Context: 88
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.2 years before this release
inferredKennedy · treo-ceo2Tonnes: 88000000Grade: 560Grade Unit: ppmView all detailsHide details
Identity
- Project
- Kennedy
- Commodity
- treo-ceo2
- Region
- australia_qld
- Reported Region
- North Queensland
- Ticker
- DEV
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Jonathon Abbott
- Resource group id
- resource:3daa01b3157e6bdaa514
Resource Data
- Category
- inferred
- Tonnes
- 88000000
- Grade
- 560
- Grade Unit
- ppm
- Cutoff Grade
- 475
- Cutoff Unit
- ppm TREO-CeO2
Prior Estimate
- Resource Date
- 2024-07-04
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is an Inferred Mineral Resource estimate, which is the lowest confidence category, and it remains unchanged from 2024, indicating low novelty. However, it is JORC compliant and signed by a Competent Person.
Positive factors
- JORC Compliant
- QP/CP Signed
Negative factors
- Inferred Resource
- Stale Estimate
Evidence · table
“560”
Context: 88
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.2 years before this release
inferredKennedy · pr6o11Tonnes: 88000000Grade: 39Grade Unit: ppmView all detailsHide details
Identity
- Project
- Kennedy
- Commodity
- pr6o11
- Region
- australia_qld
- Reported Region
- North Queensland
- Ticker
- DEV
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Jonathon Abbott
- Resource group id
- resource:3daa01b3157e6bdaa514
Resource Data
- Category
- inferred
- Tonnes
- 88000000
- Grade
- 39
- Grade Unit
- ppm
- Cutoff Grade
- 475
- Cutoff Unit
- ppm TREO-CeO2
Prior Estimate
- Resource Date
- 2024-07-04
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is an Inferred Mineral Resource estimate, which is the lowest confidence category, and it remains unchanged from 2024, indicating low novelty. However, it is JORC compliant and signed by a Competent Person.
Positive factors
- JORC Compliant
- QP/CP Signed
Negative factors
- Inferred Resource
- Stale Estimate
Evidence · table
“39”
Context: 88
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.2 years before this release
inferredKennedy · nd2o3Tonnes: 88000000Grade: 150Grade Unit: ppmView all detailsHide details
Identity
- Project
- Kennedy
- Commodity
- nd2o3
- Region
- australia_qld
- Reported Region
- North Queensland
- Ticker
- DEV
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Jonathon Abbott
- Resource group id
- resource:3daa01b3157e6bdaa514
Resource Data
- Category
- inferred
- Tonnes
- 88000000
- Grade
- 150
- Grade Unit
- ppm
- Cutoff Grade
- 475
- Cutoff Unit
- ppm TREO-CeO2
Prior Estimate
- Resource Date
- 2024-07-04
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is an Inferred Mineral Resource estimate, which is the lowest confidence category, and it remains unchanged from 2024, indicating low novelty. However, it is JORC compliant and signed by a Competent Person.
Positive factors
- JORC Compliant
- QP/CP Signed
Negative factors
- Inferred Resource
- Stale Estimate
Evidence · table
“150”
Context: 88
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.2 years before this release
inferredKennedy · tb4o7Tonnes: 88000000Grade: 4.4Grade Unit: ppmView all detailsHide details
Identity
- Project
- Kennedy
- Commodity
- tb4o7
- Region
- australia_qld
- Reported Region
- North Queensland
- Ticker
- DEV
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Jonathon Abbott
- Resource group id
- resource:3daa01b3157e6bdaa514
Resource Data
- Category
- inferred
- Tonnes
- 88000000
- Grade
- 4.4
- Grade Unit
- ppm
- Cutoff Grade
- 475
- Cutoff Unit
- ppm TREO-CeO2
Prior Estimate
- Resource Date
- 2024-07-04
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is an Inferred Mineral Resource estimate, which is the lowest confidence category, and it remains unchanged from 2024, indicating low novelty. However, it is JORC compliant and signed by a Competent Person.
Positive factors
- JORC Compliant
- QP/CP Signed
Negative factors
- Inferred Resource
- Stale Estimate
Evidence · table
“4.4”
Context: 88
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.2 years before this release
inferredKennedy · dy2o3Tonnes: 88000000Grade: 25Grade Unit: ppmView all detailsHide details
Identity
- Project
- Kennedy
- Commodity
- dy2o3
- Region
- australia_qld
- Reported Region
- North Queensland
- Ticker
- DEV
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Jonathon Abbott
- Resource group id
- resource:3daa01b3157e6bdaa514
Resource Data
- Category
- inferred
- Tonnes
- 88000000
- Grade
- 25
- Grade Unit
- ppm
- Cutoff Grade
- 475
- Cutoff Unit
- ppm TREO-CeO2
Prior Estimate
- Resource Date
- 2024-07-04
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is an Inferred Mineral Resource estimate, which is the lowest confidence category, and it remains unchanged from 2024, indicating low novelty. However, it is JORC compliant and signed by a Competent Person.
Positive factors
- JORC Compliant
- QP/CP Signed
Negative factors
- Inferred Resource
- Stale Estimate
Evidence · table
“25”
Context: 88
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.2 years before this release
inferredKennedy · mreoTonnes: 88000000Grade: 220Grade Unit: ppmView all detailsHide details
Identity
- Project
- Kennedy
- Commodity
- mreo
- Region
- australia_qld
- Reported Region
- North Queensland
- Ticker
- DEV
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Jonathon Abbott
- Resource group id
- resource:3daa01b3157e6bdaa514
Resource Data
- Category
- inferred
- Tonnes
- 88000000
- Grade
- 220
- Grade Unit
- ppm
- Cutoff Grade
- 475
- Cutoff Unit
- ppm TREO-CeO2
Prior Estimate
- Resource Date
- 2024-07-04
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is an Inferred Mineral Resource estimate, which is the lowest confidence category, and it remains unchanged from 2024, indicating low novelty. However, it is JORC compliant and signed by a Competent Person.
Positive factors
- JORC Compliant
- QP/CP Signed
Negative factors
- Inferred Resource
- Stale Estimate
Evidence · table
“220”
Context: 88
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.2 years before this release
inferredKennedy · la2o3Tonnes: 88000000Grade: 110Grade Unit: ppmView all detailsHide details
Identity
- Project
- Kennedy
- Commodity
- la2o3
- Region
- australia_qld
- Reported Region
- North Queensland
- Ticker
- DEV
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Jonathon Abbott
- Resource group id
- resource:3daa01b3157e6bdaa514
Resource Data
- Category
- inferred
- Tonnes
- 88000000
- Grade
- 110
- Grade Unit
- ppm
- Cutoff Grade
- 475
- Cutoff Unit
- ppm TREO-CeO2
Prior Estimate
- Resource Date
- 2024-07-04
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is an Inferred Mineral Resource estimate, which is the lowest confidence category, and it remains unchanged from 2024, indicating low novelty. However, it is JORC compliant and signed by a Competent Person.
Positive factors
- JORC Compliant
- QP/CP Signed
Negative factors
- Inferred Resource
- Stale Estimate
Evidence · table
“110”
Context: 88
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.2 years before this release
inferredKennedy · ceo2Tonnes: 88000000Grade: 650Grade Unit: ppmView all detailsHide details
Identity
- Project
- Kennedy
- Commodity
- ceo2
- Region
- australia_qld
- Reported Region
- North Queensland
- Ticker
- DEV
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Jonathon Abbott
- Resource group id
- resource:3daa01b3157e6bdaa514
Resource Data
- Category
- inferred
- Tonnes
- 88000000
- Grade
- 650
- Grade Unit
- ppm
- Cutoff Grade
- 475
- Cutoff Unit
- ppm TREO-CeO2
Prior Estimate
- Resource Date
- 2024-07-04
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is an Inferred Mineral Resource estimate, which is the lowest confidence category, and it remains unchanged from 2024, indicating low novelty. However, it is JORC compliant and signed by a Competent Person.
Positive factors
- JORC Compliant
- QP/CP Signed
Negative factors
- Inferred Resource
- Stale Estimate
Evidence · table
“650”
Context: 88
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.2 years before this release
inferredKennedy · sm2o3Tonnes: 88000000Grade: 33Grade Unit: ppmView all detailsHide details
Identity
- Project
- Kennedy
- Commodity
- sm2o3
- Region
- australia_qld
- Reported Region
- North Queensland
- Ticker
- DEV
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Jonathon Abbott
- Resource group id
- resource:3daa01b3157e6bdaa514
Resource Data
- Category
- inferred
- Tonnes
- 88000000
- Grade
- 33
- Grade Unit
- ppm
- Cutoff Grade
- 475
- Cutoff Unit
- ppm TREO-CeO2
Prior Estimate
- Resource Date
- 2024-07-04
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is an Inferred Mineral Resource estimate, which is the lowest confidence category, and it remains unchanged from 2024, indicating low novelty. However, it is JORC compliant and signed by a Competent Person.
Positive factors
- JORC Compliant
- QP/CP Signed
Negative factors
- Inferred Resource
- Stale Estimate
Evidence · table
“33”
Context: 88
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.2 years before this release
inferredKennedy · eu2o3Tonnes: 88000000Grade: 5Grade Unit: ppmView all detailsHide details
Identity
- Project
- Kennedy
- Commodity
- eu2o3
- Region
- australia_qld
- Reported Region
- North Queensland
- Ticker
- DEV
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Jonathon Abbott
- Resource group id
- resource:3daa01b3157e6bdaa514
Resource Data
- Category
- inferred
- Tonnes
- 88000000
- Grade
- 5
- Grade Unit
- ppm
- Cutoff Grade
- 475
- Cutoff Unit
- ppm TREO-CeO2
Prior Estimate
- Resource Date
- 2024-07-04
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is an Inferred Mineral Resource estimate, which is the lowest confidence category, and it remains unchanged from 2024, indicating low novelty. However, it is JORC compliant and signed by a Competent Person.
Positive factors
- JORC Compliant
- QP/CP Signed
Negative factors
- Inferred Resource
- Stale Estimate
Evidence · table
“5.0”
Context: 88
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.2 years before this release
inferredKennedy · gd2o3Tonnes: 88000000Grade: 27Grade Unit: ppmView all detailsHide details
Identity
- Project
- Kennedy
- Commodity
- gd2o3
- Region
- australia_qld
- Reported Region
- North Queensland
- Ticker
- DEV
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Jonathon Abbott
- Resource group id
- resource:3daa01b3157e6bdaa514
Resource Data
- Category
- inferred
- Tonnes
- 88000000
- Grade
- 27
- Grade Unit
- ppm
- Cutoff Grade
- 475
- Cutoff Unit
- ppm TREO-CeO2
Prior Estimate
- Resource Date
- 2024-07-04
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is an Inferred Mineral Resource estimate, which is the lowest confidence category, and it remains unchanged from 2024, indicating low novelty. However, it is JORC compliant and signed by a Competent Person.
Positive factors
- JORC Compliant
- QP/CP Signed
Negative factors
- Inferred Resource
- Stale Estimate
Evidence · table
“27”
Context: 88
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.2 years before this release
inferredKennedy · ho2o3Tonnes: 88000000Grade: 4.9Grade Unit: ppmView all detailsHide details
Identity
- Project
- Kennedy
- Commodity
- ho2o3
- Region
- australia_qld
- Reported Region
- North Queensland
- Ticker
- DEV
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Jonathon Abbott
- Resource group id
- resource:3daa01b3157e6bdaa514
Resource Data
- Category
- inferred
- Tonnes
- 88000000
- Grade
- 4.9
- Grade Unit
- ppm
- Cutoff Grade
- 475
- Cutoff Unit
- ppm TREO-CeO2
Prior Estimate
- Resource Date
- 2024-07-04
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is an Inferred Mineral Resource estimate, which is the lowest confidence category, and it remains unchanged from 2024, indicating low novelty. However, it is JORC compliant and signed by a Competent Person.
Positive factors
- JORC Compliant
- QP/CP Signed
Negative factors
- Inferred Resource
- Stale Estimate
Evidence · table
“4.9”
Context: 88
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.2 years before this release
inferredKennedy · er2o3Tonnes: 88000000Grade: 14Grade Unit: ppmView all detailsHide details
Identity
- Project
- Kennedy
- Commodity
- er2o3
- Region
- australia_qld
- Reported Region
- North Queensland
- Ticker
- DEV
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Jonathon Abbott
- Resource group id
- resource:3daa01b3157e6bdaa514
Resource Data
- Category
- inferred
- Tonnes
- 88000000
- Grade
- 14
- Grade Unit
- ppm
- Cutoff Grade
- 475
- Cutoff Unit
- ppm TREO-CeO2
Prior Estimate
- Resource Date
- 2024-07-04
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is an Inferred Mineral Resource estimate, which is the lowest confidence category, and it remains unchanged from 2024, indicating low novelty. However, it is JORC compliant and signed by a Competent Person.
Positive factors
- JORC Compliant
- QP/CP Signed
Negative factors
- Inferred Resource
- Stale Estimate
Evidence · table
“14”
Context: 88
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.2 years before this release
inferredKennedy · tm2o3Tonnes: 88000000Grade: 2.1Grade Unit: ppmView all detailsHide details
Identity
- Project
- Kennedy
- Commodity
- tm2o3
- Region
- australia_qld
- Reported Region
- North Queensland
- Ticker
- DEV
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Jonathon Abbott
- Resource group id
- resource:3daa01b3157e6bdaa514
Resource Data
- Category
- inferred
- Tonnes
- 88000000
- Grade
- 2.1
- Grade Unit
- ppm
- Cutoff Grade
- 475
- Cutoff Unit
- ppm TREO-CeO2
Prior Estimate
- Resource Date
- 2024-07-04
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is an Inferred Mineral Resource estimate, which is the lowest confidence category, and it remains unchanged from 2024, indicating low novelty. However, it is JORC compliant and signed by a Competent Person.
Positive factors
- JORC Compliant
- QP/CP Signed
Negative factors
- Inferred Resource
- Stale Estimate
Evidence · table
“2.1”
Context: 88
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.2 years before this release
inferredKennedy · yb2o3Tonnes: 88000000Grade: 14Grade Unit: ppmView all detailsHide details
Identity
- Project
- Kennedy
- Commodity
- yb2o3
- Region
- australia_qld
- Reported Region
- North Queensland
- Ticker
- DEV
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Jonathon Abbott
- Resource group id
- resource:3daa01b3157e6bdaa514
Resource Data
- Category
- inferred
- Tonnes
- 88000000
- Grade
- 14
- Grade Unit
- ppm
- Cutoff Grade
- 475
- Cutoff Unit
- ppm TREO-CeO2
Prior Estimate
- Resource Date
- 2024-07-04
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is an Inferred Mineral Resource estimate, which is the lowest confidence category, and it remains unchanged from 2024, indicating low novelty. However, it is JORC compliant and signed by a Competent Person.
Positive factors
- JORC Compliant
- QP/CP Signed
Negative factors
- Inferred Resource
- Stale Estimate
Evidence · table
“14”
Context: 88
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.2 years before this release
inferredKennedy · lu2o3Tonnes: 88000000Grade: 2Grade Unit: ppmView all detailsHide details
Identity
- Project
- Kennedy
- Commodity
- lu2o3
- Region
- australia_qld
- Reported Region
- North Queensland
- Ticker
- DEV
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Jonathon Abbott
- Resource group id
- resource:3daa01b3157e6bdaa514
Resource Data
- Category
- inferred
- Tonnes
- 88000000
- Grade
- 2
- Grade Unit
- ppm
- Cutoff Grade
- 475
- Cutoff Unit
- ppm TREO-CeO2
Prior Estimate
- Resource Date
- 2024-07-04
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is an Inferred Mineral Resource estimate, which is the lowest confidence category, and it remains unchanged from 2024, indicating low novelty. However, it is JORC compliant and signed by a Competent Person.
Positive factors
- JORC Compliant
- QP/CP Signed
Negative factors
- Inferred Resource
- Stale Estimate
Evidence · table
“2.0”
Context: 88
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.2 years before this release
inferredKennedy · y2o3Tonnes: 88000000Grade: 130Grade Unit: ppmView all detailsHide details
Identity
- Project
- Kennedy
- Commodity
- y2o3
- Region
- australia_qld
- Reported Region
- North Queensland
- Ticker
- DEV
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Jonathon Abbott
- Resource group id
- resource:3daa01b3157e6bdaa514
Resource Data
- Category
- inferred
- Tonnes
- 88000000
- Grade
- 130
- Grade Unit
- ppm
- Cutoff Grade
- 475
- Cutoff Unit
- ppm TREO-CeO2
Prior Estimate
- Resource Date
- 2024-07-04
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is an Inferred Mineral Resource estimate, which is the lowest confidence category, and it remains unchanged from 2024, indicating low novelty. However, it is JORC compliant and signed by a Competent Person.
Positive factors
- JORC Compliant
- QP/CP Signed
Negative factors
- Inferred Resource
- Stale Estimate
Evidence · table
“130”
Context: 88
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.2 years before this release
Fact 37Nabarlek · uraniumGrade: 0.31Grade Unit: % U₃O₈View all detailsHide details
Identity
- Project
- Nabarlek
- Commodity
- uranium
- Region
- australia_nt
- Reported Region
- Northern Territory
- Ticker
- DEV
Resource scope
- Resource group id
- resource:c9d5e3f794ce806406a1
Resource Data
- Grade
- 0.31
- Grade Unit
- % U₃O₈
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: High-grade uranium surface sample indicates strong prospectivity for the Orion East Prospect, warranting further exploration.
Positive factors
- High Grade Intercept
- Surface Sample
Evidence · text
“up to 0.31% U₃O₈”
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Fact 38Nabarlek · uraniumGrade: 3140Grade Unit: ppm U₃O₈View all detailsHide details
Identity
- Project
- Nabarlek
- Commodity
- uranium
- Region
- australia_nt
- Reported Region
- Northern Territory
- Ticker
- DEV
Resource scope
- Resource group id
- resource:c9d5e3f794ce806406a1
Resource Data
- Grade
- 3140
- Grade Unit
- ppm U₃O₈
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: High-grade uranium surface sample indicates strong prospectivity for the Orion East Prospect, warranting further exploration.
Positive factors
- High Grade Intercept
- Surface Sample
Evidence · text
“3,140ppm”
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Fact 39View all detailsHide details
Identity
- Ticker
- DEV
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: The successful completion of Tranche 1 of the placement secured significant funding for the company's operations and expansion.
Positive factors
- Capital Raise Completed
- Significant Funding Secured
Evidence · text
“Tranche 1, comprising approximately 110.4 million shares and raising approximately $16 million, was issued on 9 December 2025”
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Fact 40View all detailsHide details
Identity
- Ticker
- DEV
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: The successful completion of Tranche 2 of the placement secured significant additional funding for the company's operations and expansion.
Positive factors
- Capital Raise Completed
- Significant Funding Secured
Evidence · text
“Tranche 2, comprising approximately 110.3 million shares and raising a further approximately $16 million (including approximately 26.6 million shares issued to Directors or their associates under ASX Listing Rule 10.11), was subject to shareholder approval. Approval was obtained at a general meeting held in January 2026 and Tranche 2 was issued in January 2026”
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Fact 41View all detailsHide details
Identity
- Ticker
- DEV
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: The Share Purchase Plan was oversubscribed and successfully completed, demonstrating strong shareholder support and securing additional capital.
Positive factors
- Capital Raise Completed
- Oversubscribed
- Strong Shareholder Support
Evidence · text
“A Share Purchase Plan at the same issue price of $0.145 per share opened on 8 December 2025 and was oversubscribed. ... 47,700,097 new shares were issued on 30 December 2025 raising gross proceeds of approximately $6.9 million.”
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
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.