Drilling Strengthens Maiden Resource Potential at Mt Edon 12 pages 1.2MB

Original announcement by asx on Jun 11, 2026

Bullish

Company: Morella Corporation Limited
Ticker: 1MC
Exchange: ASX
Region: Western Australia
Primary commodity: Rubidium
Secondary commodities: Lithium
Document categories: Drill results, Resource update
Extracted: 2026-10-01 02:08:17 UTC

Atlas analysis published: Oct 1, 2026

Minestarters Atlas analysis

Summary

Morella Corporation Limited announced final assay results from its 2026 RC drilling program at the Mt Edon Project in Western Australia, confirming broad and high-grade rubidium mineralisation at the Sophie Prospect. The program included resource definition and extension drilling, with results up to 0.95% Rb2O, strengthening confidence in the project's scale and continuity. All data is now available for the preparation of a maiden JORC Mineral Resource Estimate, which will provide the first quantitative assessment of the rubidium system.

Reasoning: The final assay results from the Mt Edon RC drilling program confirm broad and high-grade rubidium mineralisation, including exceptional intercepts, and demonstrate continuity and extension potential. This complete dataset is now being used for a maiden JORC Mineral Resource Estimate, which is a significant de-risking step for the project, supported by disclosed QA/QC and a Competent Person sign-off.

Positive factors

Broad and high-grade rubidium intercepts, including a peak of 0.95% Rb2O, confirm continuity and scale potential.
All assay results received for the 2026 drilling program, providing a complete dataset for maiden JORC MRE preparation.
Resource definition drilling confirms continuity within the core Sophie resource area, de-risking the project.
Extension drilling successfully identified southern continuation of mineralisation, indicating growth potential.
QA/QC procedures are disclosed, including certified lab and Competent Person sign-off, enhancing data credibility.
Lithium is identified as an associated byproduct opportunity, adding potential value.

Negative factors

True width of mineralisation is not known, which may overstate apparent intercept lengths.

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

Facts used in scoring: 44

Classification and evidence

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: The release includes detailed QA/QC disclosure in JORC Table 1, mentioning certified lab (ALS Global), Competent Person sign-off (Mr Henry Thomas), and methods like duplicates, standards, and blanks.

Evidence · text

“Assay samples were dispatched to ALS Global in Perth, a certified laboratory. ... 13 Sample duplicates, 10 samples of Certified Reference Material (CRM), and 5 blanks were inserted into the sample sequence for QA/QC purposes. ... Mr Henry Thomas, who is a Member of the Australasian Institute of Mining and Metallurgy and is the Exploration Manager employed by Morella Corporation... qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Mineral Resources’.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The document explicitly states that 'Resource definition drilling confirms continuity of mineralisation within the core Sophie resource area', indicating infill drilling to raise resource confidence.

Evidence · text

“Resource definition drilling confirms continuity of mineralisation within the core Sophie resource area”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The release mentions 'extension drilling testing the southern continuation of the mineralised pegmatite system', indicating an effort to expand mineralisation beyond known limits.

Evidence · text

“extension drilling testing the southern continuation of the mineralised pegmatite system”

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 JORC Table 1 commentary explicitly states that 'The true width of the mineralisation is not known, only down hole length is reported', indicating that only downhole lengths are provided without true width estimates.

Evidence · text

“The true width of the mineralisation is not known, only down hole length is reported.”

Maiden Resourceneutral

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

Why it applies: The company is progressing towards a 'maiden JORC Mineral Resource Estimate', which will be the first formal MRE for the project.

Evidence · text

“Complete drilling dataset now available for maiden JORC Mineral Resource Estimate preparation”

JORC Compliantpositive

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

Why it applies: The document explicitly states that the maiden Mineral Resource Estimate will be JORC compliant, and the exploration results are reported under JORC Code, 2012 Edition.

Evidence · text

“maiden JORC Mineral Resource Estimate preparation”

Bonanza Interceptpositive

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

Why it applies: Hole MER046 returned a peak interval of 2m @ 0.95% Rb2O, which is an exceptionally high grade for rubidium.

Evidence · table

“0.95”

Context: 2

Cut-off Disclosedpositive

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

Why it applies: The report clearly states the cut-off grades used for calculating intercepts: '0.05% Rb2O low-cutoff with an allowance for 2m of internal dilution' for main intercepts and '0.5% Rb2O low-cutoff with no internal dilution' for higher-grade intervals.

Evidence · text

“The calculated intercepts are generated using a 0.05% Rb2O low-cutoff with an allowance for 2m of internal dilution. ... Higher grade intervals are calculated with upto a 0.5% Rb2O low-cutoff with no internal dilution.”

Extracted facts

Stored fact records: 44. Some facts used in scoring do not have a stored record.

Drill Results (44)

MER043Mt Edon · rubidiumGrade: 0.17Grade Unit: %Intercept: 51 mView all details

Link to this fact

Identity

Hole ID: MER043
Project: Mt Edon
Commodity: rubidium
Region: australia_wa
Reported Region: australia_wa
Ticker: 1MC

Geometry

Grade: 0.17
Grade Unit: %
Intercept: 51 m
From: 9 m
To: 60 m
Hole Depth: 66 m
Intercept Depth: 9 m

Classification

Program: mixed
Sample Type: drill
Group ID: MER043:9-60
Mining Method: open_pit

Location

Location: Sophie Prospect
Easting: 564834.8
Northing: 6756809.1
Elevation: 341 m
Azimuth: 270 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Global Laboratories Perth
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Deleterious

Deleterious Flag: No

Metal Equivalent

Assumptions Disclosed: No

Compositing

Cutoff Grade: 0.05
Cutoff Unit: % Rb2O
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-06-11T00:00:00.000Z

Reasoning: A broad intercept with moderate rubidium grade, contributing to the overall resource potential.

Positive factors

Broad intercept length of 51m.
Moderate rubidium grade (0.17% Rb2O) for the deposit type.

Negative factors

True width not known.

Evidence · table

“0.17”

Context: 51

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Importantly, the resource work is being complemented by previously reported metallurgical testwork with Edith Cowan Univ"

MER043Mt Edon · lithiumGrade: 0.063Grade Unit: %Intercept: 51 mView all details

Link to this fact

Identity

Hole ID: MER043
Project: Mt Edon
Commodity: lithium
Region: australia_wa
Reported Region: australia_wa
Ticker: 1MC

Geometry

Grade: 0.063
Grade Unit: %
Intercept: 51 m
From: 9 m
To: 60 m
Hole Depth: 66 m
Intercept Depth: 9 m

Classification

Program: mixed
Sample Type: drill
Group ID: MER043:9-60
Mining Method: open_pit

Location

Location: Sophie Prospect
Easting: 564834.8
Northing: 6756809.1
Elevation: 341 m
Azimuth: 270 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Global Laboratories Perth
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Deleterious

Deleterious Flag: No

Metal Equivalent

Assumptions Disclosed: No

Compositing

Cutoff Grade: 0.05
Cutoff Unit: % Rb2O
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-06-11T00:00:00.000Z

Reasoning: A broad intercept with low lithium grade, indicating byproduct potential but not a primary economic driver at this grade.

Positive factors

Identified as a potential byproduct opportunity.

Negative factors

Lithium grade is below the weak threshold for Li2O (0.6%).
True width not known.

Evidence · table

“0.063”

Context: 51

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Importantly, the resource work is being complemented by previously reported metallurgical testwork with Edith Cowan Univ"

MER043Mt Edon · rubidiumGrade: 0.22Grade Unit: %Intercept: 13 mView all details

Link to this fact

Identity

Hole ID: MER043
Project: Mt Edon
Commodity: rubidium
Region: australia_wa
Reported Region: australia_wa
Ticker: 1MC

Geometry

Grade: 0.22
Grade Unit: %
Intercept: 13 m
From: 12 m
To: 25 m
Hole Depth: 66 m
Intercept Depth: 9 m

Classification

Program: mixed
Sample Type: drill
Group ID: MER043:12-25
Mining Method: open_pit

Location

Location: Sophie Prospect
Easting: 564834.8
Northing: 6756809.1
Elevation: 341 m
Azimuth: 270 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Global Laboratories Perth
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Deleterious

Deleterious Flag: No

Metal Equivalent

Assumptions Disclosed: No

Compositing

Cutoff Grade: 0.05
Cutoff Unit: % Rb2O
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-06-11T00:00:00.000Z

Reasoning: A strong rubidium grade within a sub-interval, indicating higher-grade zones within the broader mineralisation.

Positive factors

Strong rubidium grade (0.22% Rb2O) within a broader interval.

Negative factors

True width not known.

Evidence · table

“0.22”

Context: 13

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Importantly, the resource work is being complemented by previously reported metallurgical testwork with Edith Cowan Univ"

MER043Mt Edon · lithiumGrade: 0.07Grade Unit: %Intercept: 13 mView all details

Link to this fact

Identity

Hole ID: MER043
Project: Mt Edon
Commodity: lithium
Region: australia_wa
Reported Region: australia_wa
Ticker: 1MC

Geometry

Grade: 0.07
Grade Unit: %
Intercept: 13 m
From: 12 m
To: 25 m
Hole Depth: 66 m
Intercept Depth: 9 m

Classification

Program: mixed
Sample Type: drill
Group ID: MER043:12-25
Mining Method: open_pit

Location

Location: Sophie Prospect
Easting: 564834.8
Northing: 6756809.1
Elevation: 341 m
Azimuth: 270 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Global Laboratories Perth
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Deleterious

Deleterious Flag: No

Metal Equivalent

Assumptions Disclosed: No

Compositing

Cutoff Grade: 0.05
Cutoff Unit: % Rb2O
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-06-11T00:00:00.000Z

Reasoning: A sub-interval with low lithium grade, indicating byproduct potential but not a primary economic driver at this grade.

Positive factors

Identified as a potential byproduct opportunity.

Negative factors

Lithium grade is below the weak threshold for Li2O (0.6%).
True width not known.

Evidence · table

“0.070”

Context: 13

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Importantly, the resource work is being complemented by previously reported metallurgical testwork with Edith Cowan Univ"

MER043Mt Edon · rubidiumGrade: 0.23Grade Unit: %Intercept: 12 mView all details

Link to this fact

Identity

Hole ID: MER043
Project: Mt Edon
Commodity: rubidium
Region: australia_wa
Reported Region: australia_wa
Ticker: 1MC

Geometry

Grade: 0.23
Grade Unit: %
Intercept: 12 m
From: 39 m
To: 51 m
Hole Depth: 66 m
Intercept Depth: 9 m

Classification

Program: mixed
Sample Type: drill
Group ID: MER043:39-51
Mining Method: open_pit

Location

Location: Sophie Prospect
Easting: 564834.8
Northing: 6756809.1
Elevation: 341 m
Azimuth: 270 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Global Laboratories Perth
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Deleterious

Deleterious Flag: No

Metal Equivalent

Assumptions Disclosed: No

Compositing

Cutoff Grade: 0.05
Cutoff Unit: % Rb2O
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-06-11T00:00:00.000Z

Reasoning: A strong rubidium grade within a sub-interval, indicating higher-grade zones within the broader mineralisation.

Positive factors

Strong rubidium grade (0.23% Rb2O) within a broader interval.

Negative factors

True width not known.

Evidence · table

“0.23”

Context: 12

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Importantly, the resource work is being complemented by previously reported metallurgical testwork with Edith Cowan Univ"

MER043Mt Edon · lithiumGrade: 0.05Grade Unit: %Intercept: 12 mView all details

Link to this fact

Identity

Hole ID: MER043
Project: Mt Edon
Commodity: lithium
Region: australia_wa
Reported Region: australia_wa
Ticker: 1MC

Geometry

Grade: 0.05
Grade Unit: %
Intercept: 12 m
From: 39 m
To: 51 m
Hole Depth: 66 m
Intercept Depth: 9 m

Classification

Program: mixed
Sample Type: drill
Group ID: MER043:39-51
Mining Method: open_pit

Location

Location: Sophie Prospect
Easting: 564834.8
Northing: 6756809.1
Elevation: 341 m
Azimuth: 270 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Global Laboratories Perth
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Deleterious

Deleterious Flag: No

Metal Equivalent

Assumptions Disclosed: No

Compositing

Cutoff Grade: 0.05
Cutoff Unit: % Rb2O
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-06-11T00:00:00.000Z

Reasoning: A sub-interval with low lithium grade, indicating byproduct potential but not a primary economic driver at this grade.

Positive factors

Identified as a potential byproduct opportunity.

Negative factors

Lithium grade is below the weak threshold for Li2O (0.6%).
True width not known.

Evidence · table

“0.050”

Context: 12

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Importantly, the resource work is being complemented by previously reported metallurgical testwork with Edith Cowan Univ"

MER044Mt Edon · rubidiumGrade: 0.17Grade Unit: %Intercept: 21 mView all details

Link to this fact

Identity

Hole ID: MER044
Project: Mt Edon
Commodity: rubidium
Region: australia_wa
Reported Region: australia_wa
Ticker: 1MC

Geometry

Grade: 0.17
Grade Unit: %
Intercept: 21 m
From: 0 m
To: 21 m
Hole Depth: 24 m
Intercept Depth: 0 m

Classification

Program: mixed
Sample Type: drill
Group ID: MER044:0-21
Mining Method: open_pit

Location

Location: Sophie Prospect
Easting: 564756.8
Northing: 6756756.4
Elevation: 341 m
Azimuth: 270 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Global Laboratories Perth
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Deleterious

Deleterious Flag: No

Metal Equivalent

Assumptions Disclosed: No

Compositing

Cutoff Grade: 0.05
Cutoff Unit: % Rb2O
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-06-11T00:00:00.000Z

Reasoning: A moderate rubidium intercept from surface, contributing to the overall resource potential.

Positive factors

Moderate rubidium grade (0.17% Rb2O) over a good width.
Near-surface mineralisation.

Negative factors

True width not known.

Evidence · table

“0.17”

Context: 21

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Importantly, the resource work is being complemented by previously reported metallurgical testwork with Edith Cowan Univ"

MER044Mt Edon · lithiumGrade: 0.067Grade Unit: %Intercept: 21 mView all details

Link to this fact

Identity

Hole ID: MER044
Project: Mt Edon
Commodity: lithium
Region: australia_wa
Reported Region: australia_wa
Ticker: 1MC

Geometry

Grade: 0.067
Grade Unit: %
Intercept: 21 m
From: 0 m
To: 21 m
Hole Depth: 24 m
Intercept Depth: 0 m

Classification

Program: mixed
Sample Type: drill
Group ID: MER044:0-21
Mining Method: open_pit

Location

Location: Sophie Prospect
Easting: 564756.8
Northing: 6756756.4
Elevation: 341 m
Azimuth: 270 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Global Laboratories Perth
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Deleterious

Deleterious Flag: No

Metal Equivalent

Assumptions Disclosed: No

Compositing

Cutoff Grade: 0.05
Cutoff Unit: % Rb2O
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-06-11T00:00:00.000Z

Reasoning: A near-surface intercept with low lithium grade, indicating byproduct potential but not a primary economic driver at this grade.

Positive factors

Identified as a potential byproduct opportunity.
Near-surface mineralisation.

Negative factors

Lithium grade is below the weak threshold for Li2O (0.6%).
True width not known.

Evidence · table

“0.067”

Context: 21

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Importantly, the resource work is being complemented by previously reported metallurgical testwork with Edith Cowan Univ"

MER044Mt Edon · rubidiumGrade: 0.31Grade Unit: %Intercept: 5 mView all details

Link to this fact

Identity

Hole ID: MER044
Project: Mt Edon
Commodity: rubidium
Region: australia_wa
Reported Region: australia_wa
Ticker: 1MC

Geometry

Grade: 0.31
Grade Unit: %
Intercept: 5 m
From: 2 m
To: 7 m
Hole Depth: 24 m
Intercept Depth: 0 m

Classification

Program: mixed
Sample Type: drill
Group ID: MER044:2-7
Mining Method: open_pit

Location

Location: Sophie Prospect
Easting: 564756.8
Northing: 6756756.4
Elevation: 341 m
Azimuth: 270 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Global Laboratories Perth
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Deleterious

Deleterious Flag: No

Metal Equivalent

Assumptions Disclosed: No

Compositing

Cutoff Grade: 0.05
Cutoff Unit: % Rb2O
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-06-11T00:00:00.000Z

Reasoning: A strong rubidium grade within a sub-interval, indicating higher-grade zones within the broader mineralisation.

Positive factors

Strong rubidium grade (0.31% Rb2O) within a sub-interval.
Near-surface mineralisation.

Negative factors

True width not known.

Evidence · table

“0.31”

Context: 5

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Importantly, the resource work is being complemented by previously reported metallurgical testwork with Edith Cowan Univ"

MER044Mt Edon · lithiumGrade: 0.03Grade Unit: %Intercept: 5 mView all details

Link to this fact

Identity

Hole ID: MER044
Project: Mt Edon
Commodity: lithium
Region: australia_wa
Reported Region: australia_wa
Ticker: 1MC

Geometry

Grade: 0.03
Grade Unit: %
Intercept: 5 m
From: 2 m
To: 7 m
Hole Depth: 24 m
Intercept Depth: 0 m

Classification

Program: mixed
Sample Type: drill
Group ID: MER044:2-7
Mining Method: open_pit

Location

Location: Sophie Prospect
Easting: 564756.8
Northing: 6756756.4
Elevation: 341 m
Azimuth: 270 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Global Laboratories Perth
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Deleterious

Deleterious Flag: No

Metal Equivalent

Assumptions Disclosed: No

Compositing

Cutoff Grade: 0.05
Cutoff Unit: % Rb2O
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-06-11T00:00:00.000Z

Reasoning: A sub-interval with low lithium grade, indicating byproduct potential but not a primary economic driver at this grade.

Positive factors

Identified as a potential byproduct opportunity.
Near-surface mineralisation.

Negative factors

Lithium grade is below the weak threshold for Li2O (0.6%).
True width not known.

Evidence · table

“0.030”

Context: 5

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Importantly, the resource work is being complemented by previously reported metallurgical testwork with Edith Cowan Univ"

MER045Mt Edon · rubidiumGrade: 0.2Grade Unit: %Intercept: 51 mView all details

Link to this fact

Identity

Hole ID: MER045
Project: Mt Edon
Commodity: rubidium
Region: australia_wa
Reported Region: australia_wa
Ticker: 1MC

Geometry

Grade: 0.2
Grade Unit: %
Intercept: 51 m
From: 0 m
To: 51 m
Hole Depth: 60 m
Intercept Depth: 0 m

Classification

Program: mixed
Sample Type: drill
Group ID: MER045:0-51
Mining Method: open_pit

Location

Location: Sophie Prospect
Easting: 564795.6
Northing: 6756766.5
Elevation: 341 m
Azimuth: 270 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Global Laboratories Perth
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Deleterious

Deleterious Flag: No

Metal Equivalent

Assumptions Disclosed: No

Compositing

Cutoff Grade: 0.05
Cutoff Unit: % Rb2O
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-06-11T00:00:00.000Z

Reasoning: A broad, near-surface intercept with moderate rubidium grade, supporting resource definition.

Positive factors

Broad intercept length of 51m.
Moderate rubidium grade (0.20% Rb2O) from surface.

Negative factors

True width not known.

Evidence · table

“0.20”

Context: 51

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Importantly, the resource work is being complemented by previously reported metallurgical testwork with Edith Cowan Univ"

MER045Mt Edon · lithiumGrade: 0.108Grade Unit: %Intercept: 51 mView all details

Link to this fact

Identity

Hole ID: MER045
Project: Mt Edon
Commodity: lithium
Region: australia_wa
Reported Region: australia_wa
Ticker: 1MC

Geometry

Grade: 0.108
Grade Unit: %
Intercept: 51 m
From: 0 m
To: 51 m
Hole Depth: 60 m
Intercept Depth: 0 m

Classification

Program: mixed
Sample Type: drill
Group ID: MER045:0-51
Mining Method: open_pit

Location

Location: Sophie Prospect
Easting: 564795.6
Northing: 6756766.5
Elevation: 341 m
Azimuth: 270 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Global Laboratories Perth
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Deleterious

Deleterious Flag: No

Metal Equivalent

Assumptions Disclosed: No

Compositing

Cutoff Grade: 0.05
Cutoff Unit: % Rb2O
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-06-11T00:00:00.000Z

Reasoning: A broad, near-surface intercept with low lithium grade, indicating byproduct potential but not a primary economic driver at this grade.

Positive factors

Identified as a potential byproduct opportunity.
Near-surface mineralisation.

Negative factors

Lithium grade is below the weak threshold for Li2O (0.6%).
True width not known.

Evidence · table

“0.108”

Context: 51

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Importantly, the resource work is being complemented by previously reported metallurgical testwork with Edith Cowan Univ"

MER045Mt Edon · rubidiumGrade: 0.3Grade Unit: %Intercept: 13 mView all details

Link to this fact

Identity

Hole ID: MER045
Project: Mt Edon
Commodity: rubidium
Region: australia_wa
Reported Region: australia_wa
Ticker: 1MC

Geometry

Grade: 0.3
Grade Unit: %
Intercept: 13 m
From: 35 m
To: 48 m
Hole Depth: 60 m
Intercept Depth: 0 m

Classification

Program: mixed
Sample Type: drill
Group ID: MER045:35-48
Mining Method: open_pit

Location

Location: Sophie Prospect
Easting: 564795.6
Northing: 6756766.5
Elevation: 341 m
Azimuth: 270 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Global Laboratories Perth
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Deleterious

Deleterious Flag: No

Metal Equivalent

Assumptions Disclosed: No

Compositing

Cutoff Grade: 0.05
Cutoff Unit: % Rb2O
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-06-11T00:00:00.000Z

Reasoning: A strong rubidium grade within a sub-interval, indicating higher-grade zones within the broader mineralisation.

Positive factors

Strong rubidium grade (0.30% Rb2O) within a broader interval.

Negative factors

True width not known.

Evidence · table

“0.30”

Context: 13

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Importantly, the resource work is being complemented by previously reported metallurgical testwork with Edith Cowan Univ"

MER045Mt Edon · lithiumGrade: 0.08Grade Unit: %Intercept: 13 mView all details

Link to this fact

Identity

Hole ID: MER045
Project: Mt Edon
Commodity: lithium
Region: australia_wa
Reported Region: australia_wa
Ticker: 1MC

Geometry

Grade: 0.08
Grade Unit: %
Intercept: 13 m
From: 35 m
To: 48 m
Hole Depth: 60 m
Intercept Depth: 0 m

Classification

Program: mixed
Sample Type: drill
Group ID: MER045:35-48
Mining Method: open_pit

Location

Location: Sophie Prospect
Easting: 564795.6
Northing: 6756766.5
Elevation: 341 m
Azimuth: 270 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Global Laboratories Perth
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Deleterious

Deleterious Flag: No

Metal Equivalent

Assumptions Disclosed: No

Compositing

Cutoff Grade: 0.05
Cutoff Unit: % Rb2O
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-06-11T00:00:00.000Z

Reasoning: A sub-interval with low lithium grade, indicating byproduct potential but not a primary economic driver at this grade.

Positive factors

Identified as a potential byproduct opportunity.

Negative factors

Lithium grade is below the weak threshold for Li2O (0.6%).
True width not known.

Evidence · table

“0.080”

Context: 13

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Importantly, the resource work is being complemented by previously reported metallurgical testwork with Edith Cowan Univ"

MER046Mt Edon · rubidiumGrade: 0.21Grade Unit: %Intercept: 68 mView all details

Link to this fact

Identity

Hole ID: MER046
Project: Mt Edon
Commodity: rubidium
Region: australia_wa
Reported Region: australia_wa
Ticker: 1MC

Geometry

Grade: 0.21
Grade Unit: %
Intercept: 68 m
From: 18 m
To: 86 m
Hole Depth: 102 m
Intercept Depth: 18 m

Classification

Program: mixed
Sample Type: drill
Group ID: MER046:18-86
Mining Method: open_pit

Location

Location: Sophie Prospect
Easting: 564836
Northing: 6756756.1
Elevation: 341 m
Azimuth: 270 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Global Laboratories Perth
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Deleterious

Deleterious Flag: No

Metal Equivalent

Assumptions Disclosed: No

Compositing

Cutoff Grade: 0.05
Cutoff Unit: % Rb2O
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-06-11T00:00:00.000Z

Reasoning: A very broad intercept with moderate rubidium grade, indicating significant mineralisation continuity.

Positive factors

Very broad intercept length of 68m.
Moderate rubidium grade (0.21% Rb2O).

Negative factors

True width not known.

Evidence · table

“0.21”

Context: 68

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Importantly, the resource work is being complemented by previously reported metallurgical testwork with Edith Cowan Univ"

MER046Mt Edon · lithiumGrade: 0.143Grade Unit: %Intercept: 68 mView all details

Link to this fact

Identity

Hole ID: MER046
Project: Mt Edon
Commodity: lithium
Region: australia_wa
Reported Region: australia_wa
Ticker: 1MC

Geometry

Grade: 0.143
Grade Unit: %
Intercept: 68 m
From: 18 m
To: 86 m
Hole Depth: 102 m
Intercept Depth: 18 m

Classification

Program: mixed
Sample Type: drill
Group ID: MER046:18-86
Mining Method: open_pit

Location

Location: Sophie Prospect
Easting: 564836
Northing: 6756756.1
Elevation: 341 m
Azimuth: 270 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Global Laboratories Perth
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Deleterious

Deleterious Flag: No

Metal Equivalent

Assumptions Disclosed: No

Compositing

Cutoff Grade: 0.05
Cutoff Unit: % Rb2O
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-06-11T00:00:00.000Z

Reasoning: A very broad intercept with low lithium grade, indicating byproduct potential but not a primary economic driver at this grade.

Positive factors

Identified as a potential byproduct opportunity.

Negative factors

Lithium grade is below the weak threshold for Li2O (0.6%).
True width not known.

Evidence · table

“0.143”

Context: 68

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Importantly, the resource work is being complemented by previously reported metallurgical testwork with Edith Cowan Univ"

MER046Mt Edon · rubidiumGrade: 0.51Grade Unit: %Intercept: 13 mView all details

Link to this fact

Identity

Hole ID: MER046
Project: Mt Edon
Commodity: rubidium
Region: australia_wa
Reported Region: australia_wa
Ticker: 1MC

Geometry

Grade: 0.51
Grade Unit: %
Intercept: 13 m
From: 23 m
To: 36 m
Hole Depth: 102 m
Intercept Depth: 18 m

Classification

Program: mixed
Sample Type: drill
Group ID: MER046:23-36
Mining Method: open_pit

Location

Location: Sophie Prospect
Easting: 564836
Northing: 6756756.1
Elevation: 341 m
Azimuth: 270 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Global Laboratories Perth
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Deleterious

Deleterious Flag: No

Metal Equivalent

Assumptions Disclosed: No

Compositing

Cutoff Grade: 0.05
Cutoff Unit: % Rb2O
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-06-11T00:00:00.000Z

Reasoning: An exceptional rubidium grade over a good width, highlighting a significant higher-grade zone within the mineralisation.

Positive factors

Exceptional rubidium grade (0.51% Rb2O) over a good width.
Forms a coherent higher-grade zone.

Negative factors

True width not known.

Evidence · table

“0.51”

Context: 13

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Importantly, the resource work is being complemented by previously reported metallurgical testwork with Edith Cowan Univ"

MER046Mt Edon · lithiumGrade: 0.165Grade Unit: %Intercept: 13 mView all details

Link to this fact

Identity

Hole ID: MER046
Project: Mt Edon
Commodity: lithium
Region: australia_wa
Reported Region: australia_wa
Ticker: 1MC

Geometry

Grade: 0.165
Grade Unit: %
Intercept: 13 m
From: 23 m
To: 36 m
Hole Depth: 102 m
Intercept Depth: 18 m

Classification

Program: mixed
Sample Type: drill
Group ID: MER046:23-36
Mining Method: open_pit

Location

Location: Sophie Prospect
Easting: 564836
Northing: 6756756.1
Elevation: 341 m
Azimuth: 270 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Global Laboratories Perth
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Deleterious

Deleterious Flag: No

Metal Equivalent

Assumptions Disclosed: No

Compositing

Cutoff Grade: 0.05
Cutoff Unit: % Rb2O
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-06-11T00:00:00.000Z

Reasoning: A sub-interval with low lithium grade, indicating byproduct potential but not a primary economic driver at this grade.

Positive factors

Identified as a potential byproduct opportunity.

Negative factors

Lithium grade is below the weak threshold for Li2O (0.6%).
True width not known.

Evidence · table

“0.165”

Context: 13

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Importantly, the resource work is being complemented by previously reported metallurgical testwork with Edith Cowan Univ"

MER046Mt Edon · rubidiumGrade: 0.95Grade Unit: %Intercept: 2 mView all details

Link to this fact

Identity

Hole ID: MER046
Project: Mt Edon
Commodity: rubidium
Region: australia_wa
Reported Region: australia_wa
Ticker: 1MC

Geometry

Grade: 0.95
Grade Unit: %
Intercept: 2 m
From: 32 m
To: 34 m
Hole Depth: 102 m
Intercept Depth: 18 m

Classification

Program: mixed
Sample Type: drill
Group ID: MER046:32-34
Mining Method: open_pit

Location

Location: Sophie Prospect
Easting: 564836
Northing: 6756756.1
Elevation: 341 m
Azimuth: 270 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Global Laboratories Perth
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Deleterious

Deleterious Flag: No

Metal Equivalent

Assumptions Disclosed: No

Compositing

Cutoff Grade: 0.05
Cutoff Unit: % Rb2O
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-06-11T00:00:00.000Z

Reasoning: An exceptional rubidium grade, indicating a very high-grade zone, although over a narrow width.

Positive factors

Exceptional rubidium grade (0.95% Rb2O), representing a peak interval.
Indicates very high-grade zones within the deposit.

Negative factors

Narrow intercept length of 2m.
True width not known.

Evidence · table

“0.95”

Context: 2

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Importantly, the resource work is being complemented by previously reported metallurgical testwork with Edith Cowan Univ"

MER046Mt Edon · lithiumGrade: 0.042Grade Unit: %Intercept: 2 mView all details

Link to this fact

Identity

Hole ID: MER046
Project: Mt Edon
Commodity: lithium
Region: australia_wa
Reported Region: australia_wa
Ticker: 1MC

Geometry

Grade: 0.042
Grade Unit: %
Intercept: 2 m
From: 32 m
To: 34 m
Hole Depth: 102 m
Intercept Depth: 18 m

Classification

Program: mixed
Sample Type: drill
Group ID: MER046:32-34
Mining Method: open_pit

Location

Location: Sophie Prospect
Easting: 564836
Northing: 6756756.1
Elevation: 341 m
Azimuth: 270 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Global Laboratories Perth
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Deleterious

Deleterious Flag: No

Metal Equivalent

Assumptions Disclosed: No

Compositing

Cutoff Grade: 0.05
Cutoff Unit: % Rb2O
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-06-11T00:00:00.000Z

Reasoning: A narrow intercept with low lithium grade, indicating byproduct potential but not a primary economic driver at this grade.

Positive factors

Identified as a potential byproduct opportunity.

Negative factors

Lithium grade is below the weak threshold for Li2O (0.6%).
True width not known.

Evidence · table

“0.042”

Context: 2

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Importantly, the resource work is being complemented by previously reported metallurgical testwork with Edith Cowan Univ"

MER046Mt Edon · rubidiumGrade: 0.07Grade Unit: %Intercept: 6 mView all details

Link to this fact

Identity

Hole ID: MER046
Project: Mt Edon
Commodity: rubidium
Region: australia_wa
Reported Region: australia_wa
Ticker: 1MC

Geometry

Grade: 0.07
Grade Unit: %
Intercept: 6 m
From: 90 m
To: 96 m
Hole Depth: 102 m
Intercept Depth: 18 m

Classification

Program: mixed
Sample Type: drill
Group ID: MER046:90-96
Mining Method: open_pit

Location

Location: Sophie Prospect
Easting: 564836
Northing: 6756756.1
Elevation: 341 m
Azimuth: 270 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Global Laboratories Perth
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Deleterious

Deleterious Flag: No

Metal Equivalent

Assumptions Disclosed: No

Compositing

Cutoff Grade: 0.05
Cutoff Unit: % Rb2O
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-06-11T00:00:00.000Z

Reasoning: A weak rubidium intercept, contributing to the overall mineralised footprint.

Negative factors

Rubidium grade is at the weak threshold (0.07% Rb2O).
True width not known.

Evidence · table

“0.07”

Context: 6

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Importantly, the resource work is being complemented by previously reported metallurgical testwork with Edith Cowan Univ"

MER046Mt Edon · lithiumGrade: 0.084Grade Unit: %Intercept: 6 mView all details

Link to this fact

Identity

Hole ID: MER046
Project: Mt Edon
Commodity: lithium
Region: australia_wa
Reported Region: australia_wa
Ticker: 1MC

Geometry

Grade: 0.084
Grade Unit: %
Intercept: 6 m
From: 90 m
To: 96 m
Hole Depth: 102 m
Intercept Depth: 18 m

Classification

Program: mixed
Sample Type: drill
Group ID: MER046:90-96
Mining Method: open_pit

Location

Location: Sophie Prospect
Easting: 564836
Northing: 6756756.1
Elevation: 341 m
Azimuth: 270 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Global Laboratories Perth
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Deleterious

Deleterious Flag: No

Metal Equivalent

Assumptions Disclosed: No

Compositing

Cutoff Grade: 0.05
Cutoff Unit: % Rb2O
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-06-11T00:00:00.000Z

Reasoning: A weak lithium intercept, indicating byproduct potential but not a primary economic driver at this grade.

Positive factors

Identified as a potential byproduct opportunity.

Negative factors

Lithium grade is below the weak threshold for Li2O (0.6%).
True width not known.

Evidence · table

“0.084”

Context: 6

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Importantly, the resource work is being complemented by previously reported metallurgical testwork with Edith Cowan Univ"

MER047Mt Edon · rubidiumGrade: 0.25Grade Unit: %Intercept: 33 mView all details

Link to this fact

Identity

Hole ID: MER047
Project: Mt Edon
Commodity: rubidium
Region: australia_wa
Reported Region: australia_wa
Ticker: 1MC

Geometry

Grade: 0.25
Grade Unit: %
Intercept: 33 m
From: 0 m
To: 33 m
Hole Depth: 108 m
Intercept Depth: 0 m

Classification

Program: mixed
Sample Type: drill
Group ID: MER047:0-33
Mining Method: open_pit

Location

Location: Sophie Prospect
Easting: 564757.6
Northing: 6756733.6
Elevation: 343 m
Azimuth: 270 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Global Laboratories Perth
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Deleterious

Deleterious Flag: No

Metal Equivalent

Assumptions Disclosed: No

Compositing

Cutoff Grade: 0.05
Cutoff Unit: % Rb2O
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-06-11T00:00:00.000Z

Reasoning: A good, near-surface intercept with moderate rubidium grade, supporting resource definition.

Positive factors

Good intercept length of 33m.
Moderate rubidium grade (0.25% Rb2O) from surface.

Negative factors

True width not known.

Evidence · table

“0.25”

Context: 33

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Importantly, the resource work is being complemented by previously reported metallurgical testwork with Edith Cowan Univ"

MER047Mt Edon · lithiumGrade: 0.095Grade Unit: %Intercept: 33 mView all details

Link to this fact

Identity

Hole ID: MER047
Project: Mt Edon
Commodity: lithium
Region: australia_wa
Reported Region: australia_wa
Ticker: 1MC

Geometry

Grade: 0.095
Grade Unit: %
Intercept: 33 m
From: 0 m
To: 33 m
Hole Depth: 108 m
Intercept Depth: 0 m

Classification

Program: mixed
Sample Type: drill
Group ID: MER047:0-33
Mining Method: open_pit

Location

Location: Sophie Prospect
Easting: 564757.6
Northing: 6756733.6
Elevation: 343 m
Azimuth: 270 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Global Laboratories Perth
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Deleterious

Deleterious Flag: No

Metal Equivalent

Assumptions Disclosed: No

Compositing

Cutoff Grade: 0.05
Cutoff Unit: % Rb2O
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-06-11T00:00:00.000Z

Reasoning: A good, near-surface intercept with low lithium grade, indicating byproduct potential but not a primary economic driver at this grade.

Positive factors

Identified as a potential byproduct opportunity.
Near-surface mineralisation.

Negative factors

Lithium grade is below the weak threshold for Li2O (0.6%).
True width not known.

Evidence · table

“0.095”

Context: 33

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Importantly, the resource work is being complemented by previously reported metallurgical testwork with Edith Cowan Univ"

MER047Mt Edon · rubidiumGrade: 0.3Grade Unit: %Intercept: 20 mView all details

Link to this fact

Identity

Hole ID: MER047
Project: Mt Edon
Commodity: rubidium
Region: australia_wa
Reported Region: australia_wa
Ticker: 1MC

Geometry

Grade: 0.3
Grade Unit: %
Intercept: 20 m
From: 6 m
To: 26 m
Hole Depth: 108 m
Intercept Depth: 0 m

Classification

Program: mixed
Sample Type: drill
Group ID: MER047:6-26
Mining Method: open_pit

Location

Location: Sophie Prospect
Easting: 564757.6
Northing: 6756733.6
Elevation: 343 m
Azimuth: 270 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Global Laboratories Perth
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Deleterious

Deleterious Flag: No

Metal Equivalent

Assumptions Disclosed: No

Compositing

Cutoff Grade: 0.05
Cutoff Unit: % Rb2O
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-06-11T00:00:00.000Z

Reasoning: A strong rubidium grade within a sub-interval, indicating higher-grade zones within the broader mineralisation.

Positive factors

Strong rubidium grade (0.30% Rb2O) over a good width.
Near-surface mineralisation.

Negative factors

True width not known.

Evidence · table

“0.30”

Context: 20

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Importantly, the resource work is being complemented by previously reported metallurgical testwork with Edith Cowan Univ"

MER047Mt Edon · lithiumGrade: 0.09Grade Unit: %Intercept: 20 mView all details

Link to this fact

Identity

Hole ID: MER047
Project: Mt Edon
Commodity: lithium
Region: australia_wa
Reported Region: australia_wa
Ticker: 1MC

Geometry

Grade: 0.09
Grade Unit: %
Intercept: 20 m
From: 6 m
To: 26 m
Hole Depth: 108 m
Intercept Depth: 0 m

Classification

Program: mixed
Sample Type: drill
Group ID: MER047:6-26
Mining Method: open_pit

Location

Location: Sophie Prospect
Easting: 564757.6
Northing: 6756733.6
Elevation: 343 m
Azimuth: 270 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Global Laboratories Perth
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Deleterious

Deleterious Flag: No

Metal Equivalent

Assumptions Disclosed: No

Compositing

Cutoff Grade: 0.05
Cutoff Unit: % Rb2O
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-06-11T00:00:00.000Z

Reasoning: A sub-interval with low lithium grade, indicating byproduct potential but not a primary economic driver at this grade.

Positive factors

Identified as a potential byproduct opportunity.
Near-surface mineralisation.

Negative factors

Lithium grade is below the weak threshold for Li2O (0.6%).
True width not known.

Evidence · table

“0.090”

Context: 20

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Importantly, the resource work is being complemented by previously reported metallurgical testwork with Edith Cowan Univ"

MER048Mt Edon · rubidiumGrade: 0.22Grade Unit: %Intercept: 51 mView all details

Link to this fact

Identity

Hole ID: MER048
Project: Mt Edon
Commodity: rubidium
Region: australia_wa
Reported Region: australia_wa
Ticker: 1MC

Geometry

Grade: 0.22
Grade Unit: %
Intercept: 51 m
From: 3 m
To: 54 m
Hole Depth: 138 m
Intercept Depth: 3 m

Classification

Program: mixed
Sample Type: drill
Group ID: MER048:3-54
Mining Method: open_pit

Location

Location: Sophie Prospect
Easting: 564787
Northing: 6756735.7
Elevation: 344 m
Azimuth: 270 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Global Laboratories Perth
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Deleterious

Deleterious Flag: No

Metal Equivalent

Assumptions Disclosed: No

Compositing

Cutoff Grade: 0.05
Cutoff Unit: % Rb2O
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-06-11T00:00:00.000Z

Reasoning: A broad intercept with moderate rubidium grade, supporting resource definition.

Positive factors

Broad intercept length of 51m.
Moderate rubidium grade (0.22% Rb2O).

Negative factors

True width not known.

Evidence · table

“0.22”

Context: 51

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Importantly, the resource work is being complemented by previously reported metallurgical testwork with Edith Cowan Univ"

MER048Mt Edon · lithiumGrade: 0.101Grade Unit: %Intercept: 51 mView all details

Link to this fact

Identity

Hole ID: MER048
Project: Mt Edon
Commodity: lithium
Region: australia_wa
Reported Region: australia_wa
Ticker: 1MC

Geometry

Grade: 0.101
Grade Unit: %
Intercept: 51 m
From: 3 m
To: 54 m
Hole Depth: 138 m
Intercept Depth: 3 m

Classification

Program: mixed
Sample Type: drill
Group ID: MER048:3-54
Mining Method: open_pit

Location

Location: Sophie Prospect
Easting: 564787
Northing: 6756735.7
Elevation: 344 m
Azimuth: 270 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Global Laboratories Perth
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Deleterious

Deleterious Flag: No

Metal Equivalent

Assumptions Disclosed: No

Compositing

Cutoff Grade: 0.05
Cutoff Unit: % Rb2O
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-06-11T00:00:00.000Z

Reasoning: A broad intercept with low lithium grade, indicating byproduct potential but not a primary economic driver at this grade.

Positive factors

Identified as a potential byproduct opportunity.

Negative factors

Lithium grade is below the weak threshold for Li2O (0.6%).
True width not known.

Evidence · table

“0.101”

Context: 51

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Importantly, the resource work is being complemented by previously reported metallurgical testwork with Edith Cowan Univ"

MER048Mt Edon · rubidiumGrade: 0.3Grade Unit: %Intercept: 27 mView all details

Link to this fact

Identity

Hole ID: MER048
Project: Mt Edon
Commodity: rubidium
Region: australia_wa
Reported Region: australia_wa
Ticker: 1MC

Geometry

Grade: 0.3
Grade Unit: %
Intercept: 27 m
From: 26 m
To: 53 m
Hole Depth: 138 m
Intercept Depth: 3 m

Classification

Program: mixed
Sample Type: drill
Group ID: MER048:26-53
Mining Method: open_pit

Location

Location: Sophie Prospect
Easting: 564787
Northing: 6756735.7
Elevation: 344 m
Azimuth: 270 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Global Laboratories Perth
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Deleterious

Deleterious Flag: No

Metal Equivalent

Assumptions Disclosed: No

Compositing

Cutoff Grade: 0.05
Cutoff Unit: % Rb2O
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-06-11T00:00:00.000Z

Reasoning: A strong rubidium grade within a sub-interval, indicating higher-grade zones within the broader mineralisation.

Positive factors

Strong rubidium grade (0.30% Rb2O) over a good width.

Negative factors

True width not known.

Evidence · table

“0.30”

Context: 27

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Importantly, the resource work is being complemented by previously reported metallurgical testwork with Edith Cowan Univ"

MER048Mt Edon · lithiumGrade: 0.09Grade Unit: %Intercept: 27 mView all details

Link to this fact

Identity

Hole ID: MER048
Project: Mt Edon
Commodity: lithium
Region: australia_wa
Reported Region: australia_wa
Ticker: 1MC

Geometry

Grade: 0.09
Grade Unit: %
Intercept: 27 m
From: 26 m
To: 53 m
Hole Depth: 138 m
Intercept Depth: 3 m

Classification

Program: mixed
Sample Type: drill
Group ID: MER048:26-53
Mining Method: open_pit

Location

Location: Sophie Prospect
Easting: 564787
Northing: 6756735.7
Elevation: 344 m
Azimuth: 270 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Global Laboratories Perth
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Deleterious

Deleterious Flag: No

Metal Equivalent

Assumptions Disclosed: No

Compositing

Cutoff Grade: 0.05
Cutoff Unit: % Rb2O
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-06-11T00:00:00.000Z

Reasoning: A sub-interval with low lithium grade, indicating byproduct potential but not a primary economic driver at this grade.

Positive factors

Identified as a potential byproduct opportunity.

Negative factors

Lithium grade is below the weak threshold for Li2O (0.6%).
True width not known.

Evidence · table

“0.090”

Context: 27

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Importantly, the resource work is being complemented by previously reported metallurgical testwork with Edith Cowan Univ"

MER049Mt Edon · rubidiumGrade: 0.13Grade Unit: %Intercept: 4 mView all details

Link to this fact

Identity

Hole ID: MER049
Project: Mt Edon
Commodity: rubidium
Region: australia_wa
Reported Region: australia_wa
Ticker: 1MC

Geometry

Grade: 0.13
Grade Unit: %
Intercept: 4 m
From: 23 m
To: 27 m
Hole Depth: 78 m
Intercept Depth: 23 m

Classification

Program: mixed
Sample Type: drill
Group ID: MER049:23-27
Mining Method: open_pit

Location

Location: Sophie Prospect
Easting: 564811
Northing: 6756685.1
Elevation: 349 m
Azimuth: 270 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Global Laboratories Perth
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Deleterious

Deleterious Flag: No

Metal Equivalent

Assumptions Disclosed: No

Compositing

Cutoff Grade: 0.05
Cutoff Unit: % Rb2O
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-06-11T00:00:00.000Z

Reasoning: A weak rubidium intercept, contributing to the overall mineralised footprint.

Negative factors

Rubidium grade is at the weak threshold (0.13% Rb2O).
True width not known.

Evidence · table

“0.13”

Context: 4

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Importantly, the resource work is being complemented by previously reported metallurgical testwork with Edith Cowan Univ"

MER049Mt Edon · lithiumGrade: 0.146Grade Unit: %Intercept: 4 mView all details

Link to this fact

Identity

Hole ID: MER049
Project: Mt Edon
Commodity: lithium
Region: australia_wa
Reported Region: australia_wa
Ticker: 1MC

Geometry

Grade: 0.146
Grade Unit: %
Intercept: 4 m
From: 23 m
To: 27 m
Hole Depth: 78 m
Intercept Depth: 23 m

Classification

Program: mixed
Sample Type: drill
Group ID: MER049:23-27
Mining Method: open_pit

Location

Location: Sophie Prospect
Easting: 564811
Northing: 6756685.1
Elevation: 349 m
Azimuth: 270 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Global Laboratories Perth
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Deleterious

Deleterious Flag: No

Metal Equivalent

Assumptions Disclosed: No

Compositing

Cutoff Grade: 0.05
Cutoff Unit: % Rb2O
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-06-11T00:00:00.000Z

Reasoning: A weak lithium intercept, indicating byproduct potential but not a primary economic driver at this grade.

Positive factors

Identified as a potential byproduct opportunity.

Negative factors

Lithium grade is below the weak threshold for Li2O (0.6%).
True width not known.

Evidence · table

“0.146”

Context: 4

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Importantly, the resource work is being complemented by previously reported metallurgical testwork with Edith Cowan Univ"

MER049Mt Edon · rubidiumGrade: 0.13Grade Unit: %Intercept: 28 mView all details

Link to this fact

Identity

Hole ID: MER049
Project: Mt Edon
Commodity: rubidium
Region: australia_wa
Reported Region: australia_wa
Ticker: 1MC

Geometry

Grade: 0.13
Grade Unit: %
Intercept: 28 m
From: 33 m
To: 61 m
Hole Depth: 78 m
Intercept Depth: 23 m

Classification

Program: mixed
Sample Type: drill
Group ID: MER049:33-61
Mining Method: open_pit

Location

Location: Sophie Prospect
Easting: 564811
Northing: 6756685.1
Elevation: 349 m
Azimuth: 270 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Global Laboratories Perth
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Deleterious

Deleterious Flag: No

Metal Equivalent

Assumptions Disclosed: No

Compositing

Cutoff Grade: 0.05
Cutoff Unit: % Rb2O
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-06-11T00:00:00.000Z

Reasoning: A good intercept with weak rubidium grade, contributing to the overall mineralised footprint and southern extension.

Positive factors

Good intercept length of 28m.

Negative factors

Rubidium grade is at the weak threshold (0.13% Rb2O).
True width not known.

Evidence · table

“0.13”

Context: 28

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Importantly, the resource work is being complemented by previously reported metallurgical testwork with Edith Cowan Univ"

MER049Mt Edon · lithiumGrade: 0.135Grade Unit: %Intercept: 28 mView all details

Link to this fact

Identity

Hole ID: MER049
Project: Mt Edon
Commodity: lithium
Region: australia_wa
Reported Region: australia_wa
Ticker: 1MC

Geometry

Grade: 0.135
Grade Unit: %
Intercept: 28 m
From: 33 m
To: 61 m
Hole Depth: 78 m
Intercept Depth: 23 m

Classification

Program: mixed
Sample Type: drill
Group ID: MER049:33-61
Mining Method: open_pit

Location

Location: Sophie Prospect
Easting: 564811
Northing: 6756685.1
Elevation: 349 m
Azimuth: 270 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Global Laboratories Perth
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Deleterious

Deleterious Flag: No

Metal Equivalent

Assumptions Disclosed: No

Compositing

Cutoff Grade: 0.05
Cutoff Unit: % Rb2O
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-06-11T00:00:00.000Z

Reasoning: A good intercept with low lithium grade, indicating byproduct potential but not a primary economic driver at this grade.

Positive factors

Identified as a potential byproduct opportunity.

Negative factors

Lithium grade is below the weak threshold for Li2O (0.6%).
True width not known.

Evidence · table

“0.135”

Context: 28

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Importantly, the resource work is being complemented by previously reported metallurgical testwork with Edith Cowan Univ"

MER049Mt Edon · rubidiumGrade: 0.2Grade Unit: %Intercept: 5 mView all details

Link to this fact

Identity

Hole ID: MER049
Project: Mt Edon
Commodity: rubidium
Region: australia_wa
Reported Region: australia_wa
Ticker: 1MC

Geometry

Grade: 0.2
Grade Unit: %
Intercept: 5 m
From: 36 m
To: 41 m
Hole Depth: 78 m
Intercept Depth: 23 m

Classification

Program: mixed
Sample Type: drill
Group ID: MER049:36-41
Mining Method: open_pit

Location

Location: Sophie Prospect
Easting: 564811
Northing: 6756685.1
Elevation: 349 m
Azimuth: 270 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Global Laboratories Perth
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Deleterious

Deleterious Flag: No

Metal Equivalent

Assumptions Disclosed: No

Compositing

Cutoff Grade: 0.05
Cutoff Unit: % Rb2O
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-06-11T00:00:00.000Z

Reasoning: A moderate rubidium grade within a sub-interval, indicating higher-grade zones within the broader mineralisation.

Positive factors

Moderate rubidium grade (0.20% Rb2O) within a broader interval.

Negative factors

True width not known.

Evidence · table

“0.20”

Context: 5

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Importantly, the resource work is being complemented by previously reported metallurgical testwork with Edith Cowan Univ"

MER049Mt Edon · lithiumGrade: 0.3Grade Unit: %Intercept: 5 mView all details

Link to this fact

Identity

Hole ID: MER049
Project: Mt Edon
Commodity: lithium
Region: australia_wa
Reported Region: australia_wa
Ticker: 1MC

Geometry

Grade: 0.3
Grade Unit: %
Intercept: 5 m
From: 36 m
To: 41 m
Hole Depth: 78 m
Intercept Depth: 23 m

Classification

Program: mixed
Sample Type: drill
Group ID: MER049:36-41
Mining Method: open_pit

Location

Location: Sophie Prospect
Easting: 564811
Northing: 6756685.1
Elevation: 349 m
Azimuth: 270 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Global Laboratories Perth
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Deleterious

Deleterious Flag: No

Metal Equivalent

Assumptions Disclosed: No

Compositing

Cutoff Grade: 0.05
Cutoff Unit: % Rb2O
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-06-11T00:00:00.000Z

Reasoning: A sub-interval with low lithium grade, indicating byproduct potential but not a primary economic driver at this grade.

Positive factors

Identified as a potential byproduct opportunity.

Negative factors

Lithium grade is below the weak threshold for Li2O (0.6%).
True width not known.

Evidence · table

“0.300”

Context: 5

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Importantly, the resource work is being complemented by previously reported metallurgical testwork with Edith Cowan Univ"

MER049Mt Edon · rubidiumGrade: 0.05Grade Unit: %Intercept: 1 mView all details

Link to this fact

Identity

Hole ID: MER049
Project: Mt Edon
Commodity: rubidium
Region: australia_wa
Reported Region: australia_wa
Ticker: 1MC

Geometry

Grade: 0.05
Grade Unit: %
Intercept: 1 m
From: 65 m
To: 66 m
Hole Depth: 78 m
Intercept Depth: 23 m

Classification

Program: mixed
Sample Type: drill
Group ID: MER049:65-66
Mining Method: open_pit

Location

Location: Sophie Prospect
Easting: 564811
Northing: 6756685.1
Elevation: 349 m
Azimuth: 270 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Global Laboratories Perth
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Deleterious

Deleterious Flag: No

Metal Equivalent

Assumptions Disclosed: No

Compositing

Cutoff Grade: 0.05
Cutoff Unit: % Rb2O
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-06-11T00:00:00.000Z

Reasoning: A narrow intercept with weak rubidium grade, contributing to the overall mineralised footprint.

Negative factors

Rubidium grade is at the weak threshold (0.05% Rb2O).
Narrow intercept length of 1m.
True width not known.

Evidence · table

“0.05”

Context: 1

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Importantly, the resource work is being complemented by previously reported metallurgical testwork with Edith Cowan Univ"

MER049Mt Edon · lithiumGrade: 0.06Grade Unit: %Intercept: 1 mView all details

Link to this fact

Identity

Hole ID: MER049
Project: Mt Edon
Commodity: lithium
Region: australia_wa
Reported Region: australia_wa
Ticker: 1MC

Geometry

Grade: 0.06
Grade Unit: %
Intercept: 1 m
From: 65 m
To: 66 m
Hole Depth: 78 m
Intercept Depth: 23 m

Classification

Program: mixed
Sample Type: drill
Group ID: MER049:65-66
Mining Method: open_pit

Location

Location: Sophie Prospect
Easting: 564811
Northing: 6756685.1
Elevation: 349 m
Azimuth: 270 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Global Laboratories Perth
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Deleterious

Deleterious Flag: No

Metal Equivalent

Assumptions Disclosed: No

Compositing

Cutoff Grade: 0.05
Cutoff Unit: % Rb2O
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-06-11T00:00:00.000Z

Reasoning: A narrow intercept with low lithium grade, indicating byproduct potential but not a primary economic driver at this grade.

Positive factors

Identified as a potential byproduct opportunity.

Negative factors

Lithium grade is below the weak threshold for Li2O (0.6%).
Narrow intercept length of 1m.
True width not known.

Evidence · table

“0.060”

Context: 1

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Importantly, the resource work is being complemented by previously reported metallurgical testwork with Edith Cowan Univ"

MER049Mt Edon · rubidiumGrade: 0.09Grade Unit: %Intercept: 1 mView all details

Link to this fact

Identity

Hole ID: MER049
Project: Mt Edon
Commodity: rubidium
Region: australia_wa
Reported Region: australia_wa
Ticker: 1MC

Geometry

Grade: 0.09
Grade Unit: %
Intercept: 1 m
From: 71 m
To: 72 m
Hole Depth: 78 m
Intercept Depth: 23 m

Classification

Program: mixed
Sample Type: drill
Group ID: MER049:71-72
Mining Method: open_pit

Location

Location: Sophie Prospect
Easting: 564811
Northing: 6756685.1
Elevation: 349 m
Azimuth: 270 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Global Laboratories Perth
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Deleterious

Deleterious Flag: No

Metal Equivalent

Assumptions Disclosed: No

Compositing

Cutoff Grade: 0.05
Cutoff Unit: % Rb2O
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-06-11T00:00:00.000Z

Reasoning: A narrow intercept with weak rubidium grade, contributing to the overall mineralised footprint.

Negative factors

Rubidium grade is at the weak threshold (0.09% Rb2O).
Narrow intercept length of 1m.
True width not known.

Evidence · table

“0.09”

Context: 1

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Importantly, the resource work is being complemented by previously reported metallurgical testwork with Edith Cowan Univ"

MER049Mt Edon · lithiumGrade: 0.11Grade Unit: %Intercept: 1 mView all details

Link to this fact

Identity

Hole ID: MER049
Project: Mt Edon
Commodity: lithium
Region: australia_wa
Reported Region: australia_wa
Ticker: 1MC

Geometry

Grade: 0.11
Grade Unit: %
Intercept: 1 m
From: 71 m
To: 72 m
Hole Depth: 78 m
Intercept Depth: 23 m

Classification

Program: mixed
Sample Type: drill
Group ID: MER049:71-72
Mining Method: open_pit

Location

Location: Sophie Prospect
Easting: 564811
Northing: 6756685.1
Elevation: 349 m
Azimuth: 270 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Global Laboratories Perth
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Deleterious

Deleterious Flag: No

Metal Equivalent

Assumptions Disclosed: No

Compositing

Cutoff Grade: 0.05
Cutoff Unit: % Rb2O
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-06-11T00:00:00.000Z

Reasoning: A narrow intercept with low lithium grade, indicating byproduct potential but not a primary economic driver at this grade.

Positive factors

Identified as a potential byproduct opportunity.

Negative factors

Lithium grade is below the weak threshold for Li2O (0.6%).
Narrow intercept length of 1m.
True width not known.

Evidence · table

“0.110”

Context: 1

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Importantly, the resource work is being complemented by previously reported metallurgical testwork with Edith Cowan Univ"

MER050Mt Edon · rubidiumGrade: 0.08Grade Unit: %Intercept: 2 mView all details

Link to this fact

Identity

Hole ID: MER050
Project: Mt Edon
Commodity: rubidium
Region: australia_wa
Reported Region: australia_wa
Ticker: 1MC

Geometry

Grade: 0.08
Grade Unit: %
Intercept: 2 m
From: 0 m
To: 2 m
Hole Depth: 90 m
Intercept Depth: 0 m

Classification

Program: mixed
Sample Type: drill
Group ID: MER050:0-2
Mining Method: open_pit

Location

Location: Mt Edon W
Easting: 562313
Northing: 6758020
Elevation: 314 m
Azimuth: 270 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Global Laboratories Perth
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Deleterious

Deleterious Flag: No

Metal Equivalent

Assumptions Disclosed: No

Compositing

Cutoff Grade: 0.05
Cutoff Unit: % Rb2O
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-06-11T00:00:00.000Z

Reasoning: A narrow, near-surface intercept with weak rubidium grade, contributing to the overall mineralised footprint.

Positive factors

Near-surface mineralisation.

Negative factors

Rubidium grade is at the weak threshold (0.08% Rb2O).
Narrow intercept length of 2m.
True width not known.

Evidence · table

“0.08”

Context: 2

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Importantly, the resource work is being complemented by previously reported metallurgical testwork with Edith Cowan Univ"

MER050Mt Edon · lithiumGrade: 0.015Grade Unit: %Intercept: 2 mView all details

Link to this fact

Identity

Hole ID: MER050
Project: Mt Edon
Commodity: lithium
Region: australia_wa
Reported Region: australia_wa
Ticker: 1MC

Geometry

Grade: 0.015
Grade Unit: %
Intercept: 2 m
From: 0 m
To: 2 m
Hole Depth: 90 m
Intercept Depth: 0 m

Classification

Program: mixed
Sample Type: drill
Group ID: MER050:0-2
Mining Method: open_pit

Location

Location: Mt Edon W
Easting: 562313
Northing: 6758020
Elevation: 314 m
Azimuth: 270 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Global Laboratories Perth
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Deleterious

Deleterious Flag: No

Metal Equivalent

Assumptions Disclosed: No

Compositing

Cutoff Grade: 0.05
Cutoff Unit: % Rb2O
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-06-11T00:00:00.000Z

Reasoning: A narrow, near-surface intercept with very low lithium grade, indicating byproduct potential but not a primary economic driver at this grade.

Positive factors

Identified as a potential byproduct opportunity.
Near-surface mineralisation.

Negative factors

Lithium grade is below the weak threshold for Li2O (0.6%).
True width not known.

Evidence · table

“0.015”

Context: 2

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Importantly, the resource work is being complemented by previously reported metallurgical testwork with Edith Cowan Univ"

MER051Mt Edon · rubidiumGrade: 0.09Grade Unit: %Intercept: 1 mView all details

Link to this fact

Identity

Hole ID: MER051
Project: Mt Edon
Commodity: rubidium
Region: australia_wa
Reported Region: australia_wa
Ticker: 1MC

Geometry

Grade: 0.09
Grade Unit: %
Intercept: 1 m
From: 5 m
To: 6 m
Hole Depth: 100 m
Intercept Depth: 5 m

Classification

Program: mixed
Sample Type: drill
Group ID: MER051:5-6
Mining Method: open_pit

Location

Location: Mt Edon W
Easting: 562321
Northing: 6758121
Elevation: 314 m
Azimuth: 270 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Global Laboratories Perth
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Deleterious

Deleterious Flag: No

Metal Equivalent

Assumptions Disclosed: No

Compositing

Cutoff Grade: 0.05
Cutoff Unit: % Rb2O
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-06-11T00:00:00.000Z

Reasoning: A narrow intercept with weak rubidium grade, contributing to the overall mineralised footprint.

Negative factors

Rubidium grade is at the weak threshold (0.09% Rb2O).
Narrow intercept length of 1m.
True width not known.

Evidence · table

“0.09”

Context: 1

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Importantly, the resource work is being complemented by previously reported metallurgical testwork with Edith Cowan Univ"

MER051Mt Edon · lithiumGrade: 0.006Grade Unit: %Intercept: 1 mView all details

Link to this fact

Identity

Hole ID: MER051
Project: Mt Edon
Commodity: lithium
Region: australia_wa
Reported Region: australia_wa
Ticker: 1MC

Geometry

Grade: 0.006
Grade Unit: %
Intercept: 1 m
From: 5 m
To: 6 m
Hole Depth: 100 m
Intercept Depth: 5 m

Classification

Program: mixed
Sample Type: drill
Group ID: MER051:5-6
Mining Method: open_pit

Location

Location: Mt Edon W
Easting: 562321
Northing: 6758121
Elevation: 314 m
Azimuth: 270 °
Dip: -60 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: ALS Global Laboratories Perth
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates

Deleterious

Deleterious Flag: No

Metal Equivalent

Assumptions Disclosed: No

Compositing

Cutoff Grade: 0.05
Cutoff Unit: % Rb2O
Dilution Disclosed: Yes
Max Dilution: 2 m

Review

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

Dates

Event date: 2026-06-11T00:00:00.000Z

Reasoning: A narrow intercept with very low lithium grade, indicating byproduct potential but not a primary economic driver at this grade.

Positive factors

Identified as a potential byproduct opportunity.

Negative factors

Lithium grade is below the weak threshold for Li2O (0.6%).
Narrow intercept length of 1m.
True width not known.

Evidence · table

“0.006”

Context: 1

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Importantly, the resource work is being complemented by previously reported metallurgical testwork with Edith Cowan Univ"

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.