EPM: Annual Report to shareholders
Original announcement by asx on
- Company
- ECLIPSE METALS LIMITED
- Ticker
- EPM
- Exchange
- ASX
- Region
- South Greenland
- Primary commodity
- Rare earths
- Secondary commodities
- Hafnium, Gallium, Yttrium, Zirconium, Neodymium
- Document categories
- Resource update, Other
- Extracted
- 2026-09-29 15:12:44 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Eclipse Metals Limited's Annual Report for FY2026 highlights significant advancements in its South Greenland critical minerals strategy. The company announced a substantially enlarged Grønnedal Mineral Resource of 208 Mt at 0.72% TREO, including a first Indicated component of 6 Mt, representing a 234% increase in tonnage and a 12% increase in grade from the previous estimate. Additionally, a maiden Inferred Mineral Resource was defined at Ivigtût, containing hafnium, gallium, yttrium, and zirconium, establishing a new critical minerals opportunity.
Reasoning: Eclipse Metals Limited announced a substantially enlarged Grønnedal rare earth resource, including a first Indicated component, and a maiden critical minerals resource at Ivigtût, significantly strengthening its South Greenland portfolio.
Positive factors
- Tonnage Growth
- Grade Improvement
- Category Upgrade
- Maiden Resource
- Contained Metal Growth
- QP/CP Signed
- JORC Compliant
- Cut-off Disclosed
Negative factors
- All Inferred
Low confidence — this extraction should be reviewed alongside the original source.
Facts used in scoring: 10
Classification and evidence
Tonnage Growthpositive
Significant tonnage increase (≥15%) vs prior estimate with grade maintained or improved.
Why it applies: The Grønnedal Mineral Resource increased by 234% in tonnage compared to the previous estimate.
Evidence · text
“This represented a 234% increase in tonnage”
Grade Improvementpositive
Average resource grade improved vs prior estimate — better deposit economics.
Why it applies: The Grønnedal Mineral Resource saw a 12% increase in grade compared to the previous estimate.
Evidence · text
“and a 12% increase in grade compared with the previous 89.2 Mt Inferred estimate.”
Category Upgradepositive
Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.
Why it applies: The updated Grønnedal Mineral Resource includes a first Indicated component of approximately 6 Mt.
Evidence · text
“The inclusion of approximately 6 Mt in the Indicated category is particularly important.”
Maiden Resourceneutral
First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component.
Why it applies: Eclipse announced a maiden Inferred Mineral Resource for the Ivigtût critical-minerals area.
Evidence · text
“On 15 July 2026, after the reporting date, Eclipse announced the first Mineral Resource for the Ivigtût critical-minerals area.”
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: Mr Alfred Gillman, a Fellow and Chartered Professional of the Australasian Institute of Mining and Metallurgy, is responsible for the Mineral Resource Estimates.
Evidence · text
“The information in this Review of Operations that relates to Exploration Results and Mineral Resource Estimates is based on information compiled and reviewed by Mr Alfred Gillman, Principal Geologist of Odessa Resources Pty Ltd and a Non-Executive Director of Eclipse Metals Limited. Mr Gillman is a Fellow and Chartered Professional of the Australasian Institute of Mining and Metallurgy”
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: The Mineral Resource Estimates are reported under the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves.
Evidence · text
“Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves.”
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: The Grønnedal resource is reported at a 2,000 ppm TREO cut-off.
Evidence · text
“reported at a 2,000 ppm TREO cut-off”
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: The Grønnedal resource still contains a 202 Mt Inferred component.
Evidence · text
“202 Mt Inferred inventory”
All Inferrednegative
100% of resource is Inferred category — very early stage, no engineering confidence.
Why it applies: The maiden Ivigtût Mineral Resource is entirely Inferred.
Evidence · text
“The estimate is entirely Inferred”
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: The Ivigtût resource is reported at a 60 ppm HfO₂ cut-off.
Evidence · text
“reported at a 60 ppm HfO₂ cut-off”
Extracted facts
Stored fact records: 10. Some facts used in scoring do not have a stored record.
Resource Estimates (10)
indicatedGrønnedal · rare_earthsTonnes: 6000000Grade: 7139Grade Unit: ppm TREOContained Metal: 40Contained Unit: kt treoView all detailsHide details
Identity
- Project
- Grønnedal
- Commodity
- rare_earths
- Region
- south greenland
- Reported Region
- South Greenland
- Ticker
- EPM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Alfred Gillman
- Resource group id
- resource:38b2eea65e05f6b92c28
Resource Data
- Category
- indicated
- Tonnes
- 6000000
- Grade
- 7139
- Grade Unit
- ppm TREO
- Contained Metal
- 40
- Contained Unit
- kt treo
- Cutoff Grade
- 2000
- Cutoff Unit
- ppm TREO
Prior Estimate
- Resource Date
- 2026-04-29
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: First Indicated component for Grønnedal, providing higher confidence for future studies.
Positive factors
- Category Upgrade
- Tonnage Growth
- Grade Improvement
Evidence · table
“7,139”
Context: 6
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
indicatedGrønnedal · neodymiumTonnes: 6000000Grade: 2307Grade Unit: ppmView all detailsHide details
Identity
- Project
- Grønnedal
- Commodity
- neodymium
- Region
- south greenland
- Reported Region
- South Greenland
- Ticker
- EPM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Alfred Gillman
- Resource group id
- resource:38b2eea65e05f6b92c28
Resource Data
- Category
- indicated
- Tonnes
- 6000000
- Grade
- 2307
- Grade Unit
- ppm
- Cutoff Grade
- 2000
- Cutoff Unit
- ppm TREO
Prior Estimate
- Resource Date
- 2026-04-29
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: First Indicated component for Nd2O3+Pr2O3, linking to permanent-magnet rare-earth focus.
Positive factors
- Category Upgrade
Evidence · table
“2,307”
Context: 6
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredGrønnedal · rare_earthsTonnes: 202000000Grade: 7242Grade Unit: ppm TREOContained Metal: 1465Contained Unit: kt treoView all detailsHide details
Identity
- Project
- Grønnedal
- Commodity
- rare_earths
- Region
- south greenland
- Reported Region
- South Greenland
- Ticker
- EPM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Alfred Gillman
- Resource group id
- resource:fb2ba14ae6a180b04e48
Resource Data
- Category
- inferred
- Tonnes
- 202000000
- Grade
- 7242
- Grade Unit
- ppm TREO
- Contained Metal
- 1465
- Contained Unit
- kt treo
- Cutoff Grade
- 2000
- Cutoff Unit
- ppm TREO
Prior Estimate
- Resource Date
- 2026-04-29
- Prior Tonnes
- 89200000
- Prior Grade
- 6463
- Prior Contained Metal
- 576000
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: Substantial increase in Inferred tonnage and grade, demonstrating large resource-conversion opportunity.
Positive factors
- Tonnage Growth
- Grade Improvement
- Contained Metal Growth
Negative factors
- Inferred Resource
Evidence · table
“7,242”
Context: 202
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Tonnage Growthpositive
Significant tonnage increase (≥15%) vs prior estimate with grade maintained or improved.
Why it applies: 202000000 against 89200000 previously
Grade Improvementpositive
Average resource grade improved vs prior estimate — better deposit economics.
Why it applies: 7242 against 6463 previously
Contained Metal Declinenegative
Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.
Why it applies: 1465 against 576000 previously
Dilutive Growthnegative
Tonnage increased but contained metal flat or down — likely from lower cut-off grade, not geological expansion.
Why it applies: tonnage rose while contained metal went 1465 from 576000
inferredGrønnedal · neodymiumTonnes: 202000000Grade: 2191Grade Unit: ppmView all detailsHide details
Identity
- Project
- Grønnedal
- Commodity
- neodymium
- Region
- south greenland
- Reported Region
- South Greenland
- Ticker
- EPM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Alfred Gillman
- Resource group id
- resource:fb2ba14ae6a180b04e48
Resource Data
- Category
- inferred
- Tonnes
- 202000000
- Grade
- 2191
- Grade Unit
- ppm
- Cutoff Grade
- 2000
- Cutoff Unit
- ppm TREO
Prior Estimate
- Resource Date
- 2026-04-29
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: Increased Inferred Nd2O3+Pr2O3 content, linking to permanent-magnet rare-earth focus.
Positive factors
- Tonnage Growth
Negative factors
- Inferred Resource
Evidence · table
“2,191”
Context: 202
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredGrønnedal · rare_earthsTonnes: 208000000Grade: 7239Grade Unit: ppm TREOContained Metal: 1505Contained Unit: kt treoView all detailsHide details
Identity
- Project
- Grønnedal
- Commodity
- rare_earths
- Region
- south greenland
- Reported Region
- South Greenland
- Ticker
- EPM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Alfred Gillman
- Resource group id
- resource:374fae27d909d5fba074
Resource Data
- Category
- inferred
- Tonnes
- 208000000
- Grade
- 7239
- Grade Unit
- ppm TREO
- Contained Metal
- 1505
- Contained Unit
- kt treo
- Cutoff Grade
- 2000
- Cutoff Unit
- ppm TREO
Prior Estimate
- Resource Date
- 2026-04-29
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: Overall significant increase in total resource tonnage and contained TREO.
Positive factors
- Tonnage Growth
- Grade Improvement
- Contained Metal Growth
Evidence · table
“7,239”
Context: 208
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
inferredGrønnedal · neodymiumTonnes: 208000000Grade: 2194Grade Unit: ppmContained Metal: 456000Contained Unit: tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Grønnedal
- Commodity
- neodymium
- Region
- south greenland
- Reported Region
- South Greenland
- Ticker
- EPM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Alfred Gillman
- Resource group id
- resource:374fae27d909d5fba074
Resource Data
- Category
- inferred
- Tonnes
- 208000000
- Grade
- 2194
- Grade Unit
- ppm
- Contained Metal
- 456000
- Contained Unit
- t
- Cutoff Grade
- 2000
- Cutoff Unit
- ppm TREO
Prior Estimate
- Resource Date
- 2026-04-29
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: Overall significant increase in total contained Nd2O3+Pr2O3.
Positive factors
- Tonnage Growth
- Contained Metal Growth
Evidence · text
“approximately 456,000 tonnes of neodymium and praseodymium oxides”
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
inferredIvigtût · hafniumTonnes: 4870000Grade: 188Grade Unit: ppm HfO₂Contained Metal: 917Contained Unit: t hfo₂View all detailsHide details
Identity
- Project
- Ivigtût
- Commodity
- hafnium
- Region
- south greenland
- Reported Region
- South Greenland
- Ticker
- EPM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Alfred Gillman
- Resource group id
- resource:11e5d1ef34a8f0373b9c
Resource Data
- Category
- inferred
- Tonnes
- 4870000
- Grade
- 188
- Grade Unit
- ppm HfO₂
- Contained Metal
- 917
- Contained Unit
- t hfo₂
- Cutoff Grade
- 60
- Cutoff Unit
- ppm HfO₂
Prior Estimate
- Resource Date
- 2026-07-15
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: Maiden Inferred Mineral Resource for hafnium, establishing a new critical minerals opportunity.
Positive factors
- Maiden Resource
Negative factors
- All Inferred
Evidence · table
“188”
Context: 4.87
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
inferredIvigtût · galliumTonnes: 4870000Grade: 61Grade Unit: ppm Ga₂O₃Contained Metal: 297Contained Unit: t ga₂o₃View all detailsHide details
Identity
- Project
- Ivigtût
- Commodity
- gallium
- Region
- south greenland
- Reported Region
- South Greenland
- Ticker
- EPM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Alfred Gillman
- Resource group id
- resource:11e5d1ef34a8f0373b9c
Resource Data
- Category
- inferred
- Tonnes
- 4870000
- Grade
- 61
- Grade Unit
- ppm Ga₂O₃
- Contained Metal
- 297
- Contained Unit
- t ga₂o₃
- Cutoff Grade
- 60
- Cutoff Unit
- ppm HfO₂
Prior Estimate
- Resource Date
- 2026-07-15
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: Maiden Inferred Mineral Resource for gallium, contributing to a new critical minerals opportunity.
Positive factors
- Maiden Resource
Negative factors
- All Inferred
Evidence · table
“61”
Context: 4.87
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
inferredIvigtût · yttriumTonnes: 4870000Grade: 147Grade Unit: ppm Y₂O₃Contained Metal: 714Contained Unit: t y₂o₃View all detailsHide details
Identity
- Project
- Ivigtût
- Commodity
- yttrium
- Region
- south greenland
- Reported Region
- South Greenland
- Ticker
- EPM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Alfred Gillman
- Resource group id
- resource:11e5d1ef34a8f0373b9c
Resource Data
- Category
- inferred
- Tonnes
- 4870000
- Grade
- 147
- Grade Unit
- ppm Y₂O₃
- Contained Metal
- 714
- Contained Unit
- t y₂o₃
- Cutoff Grade
- 60
- Cutoff Unit
- ppm HfO₂
Prior Estimate
- Resource Date
- 2026-07-15
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: Maiden Inferred Mineral Resource for yttrium, contributing to a new critical minerals opportunity.
Positive factors
- Maiden Resource
Negative factors
- All Inferred
Evidence · table
“147”
Context: 4.87
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
inferredIvigtût · zirconiumTonnes: 4870000Grade: 3380Grade Unit: ppm ZrContained Metal: 16454Contained Unit: t zrView all detailsHide details
Identity
- Project
- Ivigtût
- Commodity
- zirconium
- Region
- south greenland
- Reported Region
- South Greenland
- Ticker
- EPM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Alfred Gillman
- Resource group id
- resource:11e5d1ef34a8f0373b9c
Resource Data
- Category
- inferred
- Tonnes
- 4870000
- Grade
- 3380
- Grade Unit
- ppm Zr
- Contained Metal
- 16454
- Contained Unit
- t zr
- Cutoff Grade
- 60
- Cutoff Unit
- ppm HfO₂
Prior Estimate
- Resource Date
- 2026-07-15
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: Maiden Inferred Mineral Resource for zirconium, contributing to a new critical minerals opportunity.
Positive factors
- Maiden Resource
Negative factors
- All Inferred
Evidence · table
“3,380”
Context: 4.87
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
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.