EVN: Annual Report to shareholders
Original announcement by asx on
- Company
- Evolution Mining Limited
- Ticker
- EVN
- Exchange
- ASX
- Region
- Unavailable
- Primary commodity
- Gold
- Secondary commodities
- Copper, Silver
- Document categories
- Other, Resource update
- Extracted
- 2026-10-21 22:30:59 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Evolution Mining's annual report highlights a record financial year in FY26, marked by significant increases in net profit, operating cash flow, and dividends, leading to a net cash position. The company reported a 3% increase in group gold Mineral Resources and a 5% increase in gold Ore Reserves, driven by growth at Cowal. However, group copper Mineral Resources and Ore Reserves saw a 4% decline due to depletion, despite new maiden resources at Northparkes.
Reasoning: Evolution Mining reported a strong financial year with record profits and cash flow, achieving a net cash position. Gold resources and reserves saw positive growth, particularly at Cowal, while copper resources and reserves experienced a slight decline due to depletion. Several key growth projects are progressing well, but safety targets were not fully met.
Positive factors
- Record financial performance including net profit, operating cash flow, and dividends.
- Group gold Mineral Resources increased by 3% to 31 Moz.
- Group gold Ore Reserves increased by 5% to 12 Moz.
- Cowal gold Mineral Resources increased by 1.2 Moz and Ore Reserves by 0.67 Moz.
- Northparkes copper Mineral Resources increased by 56 kt with maiden resources at Major Tom and E51.
- Achieved a net cash position.
- Several growth projects received Board approval and are on schedule/budget.
- JORC 2012 compliant and Competent Persons signed off on estimates.
Negative factors
- Group copper Mineral Resources decreased by 4% to 4.2 Mt.
- Group copper Ore Reserves decreased by 4% to 1.3 Mt.
- Ernest Henry copper Mineral Resources and Ore Reserves decreased due to mining depletion.
- Red Lake gold resources decreased due to model update, conversion loss, and remnant resource removal.
- TRIF (Total Recordable Injury Frequency) of 5.85 did not meet the target of 5.0.
Facts used in scoring: 70
Classification and evidence
Tonnage Growthpositive
Significant tonnage increase (≥15%) vs prior estimate with grade maintained or improved.
Why it applies: Group gold Mineral Resources increased by 0.9Moz (3%) and Group gold Ore Reserves increased by 0.5Moz (5%) compared to the prior year.
Evidence · text
“Estimated Mineral Resources increased 0.9Moz (3%) in contained gold... Estimated Ore Reserves increased 0.5Moz (5%) in contained gold”
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: The annual statement of Mineral Resources and Ore Reserves has been prepared in accordance with the 2012 Edition of the ‘Australasian Code for reporting of Exploration Results, Mineral Resources and Ore Reserves’ (the JORC Code 2012).
Evidence · text
“This annual statement of Mineral Resources and Ore Reserves has been prepared in accordance with the 2012 Edition of the ‘Australasian Code for reporting of Exploration Results, Mineral Resources and Ore Reserves’ (the JORC Code 2012)”
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: The Annual Mineral Resources and Ore Reserves Statement has been compiled by Kevin Gleeson, Group Manager Geology and Resources, and other Competent Persons are named in Table 2.
Evidence · text
“The Annual Mineral Resources and Ore Reserves Statement has been compiled by Kevin Gleeson, who is employed on a full-time basis by Evolution Mining Limited as Group Manager Geology and Resources and is a Fellow of the Australasian Institute of Mining and Metallurgy (AusIMM 202246).”
Tonnage Declinenegative
Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.
Why it applies: Estimated Mineral Resources were modestly lower by 200kt (4%) of contained copper metal and Estimated Ore Reserves decreased slightly by 100kt (4%) in contained copper metal.
Evidence · text
“Estimated Mineral Resources were modestly lower by 200kt (4%) of contained copper metal... Estimated Ore Reserves decreased slightly by 100kt (4%) in contained copper metal”
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: The document provides an 'Annual Mineral Resources and Ore Reserves Statement as at 31 December 2025', detailing updates to the company's mineral inventory.
Evidence · text
“Annual Mineral Resources and Ore Reserves Statement as at 31 December 2025”
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: The report includes significant tonnages and contained metal in the Inferred category for multiple projects, indicating lower geological confidence for these portions.
Evidence · table
“Inferred”
Context: 60
Extracted facts
Stored fact records: 70. Some facts used in scoring do not have a stored record.
Resource Estimates (70)
measuredCowal · goldTonnes: 52000000Grade: 0.49Grade Unit: g/tContained Metal: 0.82Contained Unit: mozView all detailsHide details
Identity
- Project
- Cowal
- Commodity
- gold
- Ticker
- EVN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:387a6fa521380b3a86dd
- Deposit or zone
- SP
Resource Data
- Category
- measured
- Tonnes
- 52000000
- Grade
- 0.49
- Grade Unit
- g/t
- Contained Metal
- 0.82
- Contained Unit
- moz
- Cutoff Grade
- 0.3
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Measured resource for Cowal stockpiles contributes significantly to the overall gold resource, reflecting positive growth in the Measured category.
Positive factors
- Significant contained gold metal in Measured category.
- Part of overall gold resource growth.
Evidence · table
“0.82”
Context: 52
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
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
indicatedCowal · goldTonnes: 200000000Grade: 0.77Grade Unit: g/tContained Metal: 4.9Contained Unit: mozView all detailsHide details
Identity
- Project
- Cowal
- Commodity
- gold
- Ticker
- EVN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:a201640d765b7967efa5
- Deposit or zone
- OP
Resource Data
- Category
- indicated
- Tonnes
- 200000000
- Grade
- 0.77
- Grade Unit
- g/t
- Contained Metal
- 4.9
- Contained Unit
- moz
- Cutoff Grade
- 0.3
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Indicated open pit resource at Cowal represents a substantial portion of the project's gold endowment, showing positive growth.
Positive factors
- Large tonnage and contained gold in Indicated category.
- Contributes to overall gold resource growth at Cowal.
Evidence · table
“4.9”
Context: 200
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
inferredCowal · goldTonnes: 47000000Grade: 0.72Grade Unit: g/tContained Metal: 1.1Contained Unit: mozView all detailsHide details
Identity
- Project
- Cowal
- Commodity
- gold
- Ticker
- EVN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:223d1bfe9f9eef7f0e0c
- Deposit or zone
- OP
Resource Data
- Category
- inferred
- Tonnes
- 47000000
- Grade
- 0.72
- Grade Unit
- g/t
- Contained Metal
- 1.1
- Contained Unit
- moz
- Cutoff Grade
- 0.3
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Inferred open pit resource contributes to the project's long-term potential, though with lower confidence than Indicated resources.
Positive factors
- Adds to the overall gold resource base at Cowal.
Evidence · table
“1.1”
Context: 47
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
indicatedCowal · goldTonnes: 31000000Grade: 2.42Grade Unit: g/tContained Metal: 2.4Contained Unit: mozView all detailsHide details
Identity
- Project
- Cowal
- Commodity
- gold
- Ticker
- EVN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:4760470ab065009a5b84
- Deposit or zone
- UG
Resource Data
- Category
- indicated
- Tonnes
- 31000000
- Grade
- 2.42
- Grade Unit
- g/t
- Contained Metal
- 2.4
- Contained Unit
- moz
- Cutoff Grade
- 1.4
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Indicated underground resource at Cowal provides a high-grade component to the project's gold inventory, supporting future development.
Positive factors
- High-grade underground resource in the Indicated category.
- Contributes to the overall gold resource growth at Cowal.
Evidence · table
“2.4”
Context: 31
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
inferredCowal · goldTonnes: 13000000Grade: 2.17Grade Unit: g/tContained Metal: 0.92Contained Unit: mozView all detailsHide details
Identity
- Project
- Cowal
- Commodity
- gold
- Ticker
- EVN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:4e7974ee184ed0e10890
- Deposit or zone
- UG
Resource Data
- Category
- inferred
- Tonnes
- 13000000
- Grade
- 2.17
- Grade Unit
- g/t
- Contained Metal
- 0.92
- Contained Unit
- moz
- Cutoff Grade
- 1.4
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Inferred underground resource at Cowal offers future potential, but requires further drilling to upgrade confidence.
Positive factors
- Adds to the overall gold resource base at Cowal with good grade.
Evidence · table
“0.92”
Context: 13
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
measuredErnest Henry · goldTonnes: 31000000Grade: 0.79Grade Unit: g/tContained Metal: 0.8Contained Unit: mozView all detailsHide details
Identity
- Project
- Ernest Henry
- Commodity
- gold
- Ticker
- EVN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:5716826776a5c64ef709
- Deposit or zone
- Total
Resource Data
- Category
- measured
- Tonnes
- 31000000
- Grade
- 0.79
- Grade Unit
- g/t
- Contained Metal
- 0.8
- Contained Unit
- moz
- Cutoff Grade
- 0.7
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Measured resource at Ernest Henry provides a high-confidence gold component, contributing to the project's overall value.
Positive factors
- Significant contained gold metal in Measured category.
Evidence · table
“0.80”
Context: 31
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
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
indicatedErnest Henry · goldTonnes: 49000000Grade: 0.79Grade Unit: g/tContained Metal: 1.2Contained Unit: mozView all detailsHide details
Identity
- Project
- Ernest Henry
- Commodity
- gold
- Ticker
- EVN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:73b54ec482de2d8d5b3e
- Deposit or zone
- Total
Resource Data
- Category
- indicated
- Tonnes
- 49000000
- Grade
- 0.79
- Grade Unit
- g/t
- Contained Metal
- 1.2
- Contained Unit
- moz
- Cutoff Grade
- 0.7
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Indicated resource at Ernest Henry adds substantial gold to the project's inventory with reasonable confidence.
Positive factors
- Large tonnage and contained gold in Indicated category.
Evidence · table
“1.2”
Context: 49
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
inferredErnest Henry · goldTonnes: 25000000Grade: 0.76Grade Unit: g/tContained Metal: 0.6Contained Unit: mozView all detailsHide details
Identity
- Project
- Ernest Henry
- Commodity
- gold
- Ticker
- EVN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:9747233135d271d8d842
- Deposit or zone
- Total
Resource Data
- Category
- inferred
- Tonnes
- 25000000
- Grade
- 0.76
- Grade Unit
- g/t
- Contained Metal
- 0.6
- Contained Unit
- moz
- Cutoff Grade
- 0.7
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Inferred resource at Ernest Henry provides future potential for gold, but requires further work to increase confidence.
Positive factors
- Adds to the overall gold resource base at Ernest Henry.
Evidence · table
“0.60”
Context: 25
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
indicatedMungari · goldTonnes: 4500000Grade: 0.65Grade Unit: g/tContained Metal: 0.093Contained Unit: mozView all detailsHide details
Identity
- Project
- Mungari
- Commodity
- gold
- Ticker
- EVN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:4cf44a74504e69a2f50c
- Deposit or zone
- SP
Resource Data
- Category
- indicated
- Tonnes
- 4500000
- Grade
- 0.65
- Grade Unit
- g/t
- Contained Metal
- 0.093
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Indicated stockpile resource at Mungari provides a low-grade, readily accessible gold source.
Positive factors
- Adds to the gold resource base from stockpiles.
Evidence · table
“0.093”
Context: 4.5
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
inferredMungari · goldTonnes: 45000Grade: 1.14Grade Unit: g/tContained Metal: 0.005Contained Unit: mozView all detailsHide details
Identity
- Project
- Mungari
- Commodity
- gold
- Ticker
- EVN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:89636cd7bda32139046a
- Deposit or zone
- SP
Resource Data
- Category
- inferred
- Tonnes
- 45000
- Grade
- 1.14
- Grade Unit
- g/t
- Contained Metal
- 0.005
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Inferred stockpile resource at Mungari is very small and contributes minimally to the overall resource.
Negative factors
- Very small contained metal amount.
Evidence · table
“<0.01”
Context: 0.045
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
measuredMungari · goldTonnes: 190000Grade: 2.33Grade Unit: g/tContained Metal: 0.01Contained Unit: mozView all detailsHide details
Identity
- Project
- Mungari
- Commodity
- gold
- Ticker
- EVN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:40c0262f593301c93f07
- Deposit or zone
- OP
Resource Data
- Category
- measured
- Tonnes
- 190000
- Grade
- 2.33
- Grade Unit
- g/t
- Contained Metal
- 0.01
- Contained Unit
- moz
- Cutoff Grade
- 0.25
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Measured open pit resource at Mungari has a good grade, but the contained metal is relatively small.
Positive factors
- High grade for an open pit resource in the Measured category.
Evidence · table
“0.01”
Context: 0.19
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
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
indicatedMungari · goldTonnes: 89000000Grade: 0.95Grade Unit: g/tContained Metal: 2.7Contained Unit: mozView all detailsHide details
Identity
- Project
- Mungari
- Commodity
- gold
- Ticker
- EVN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:636cd49049fc69b7d566
- Deposit or zone
- OP
Resource Data
- Category
- indicated
- Tonnes
- 89000000
- Grade
- 0.95
- Grade Unit
- g/t
- Contained Metal
- 2.7
- Contained Unit
- moz
- Cutoff Grade
- 0.25
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Indicated open pit resource at Mungari is a significant contributor to the project's gold inventory.
Positive factors
- Large tonnage and contained gold in Indicated category.
Evidence · table
“2.7”
Context: 89
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
inferredMungari · goldTonnes: 65000000Grade: 0.86Grade Unit: g/tContained Metal: 1.8Contained Unit: mozView all detailsHide details
Identity
- Project
- Mungari
- Commodity
- gold
- Ticker
- EVN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:9e2b41fc539ae92befe6
- Deposit or zone
- OP
Resource Data
- Category
- inferred
- Tonnes
- 65000000
- Grade
- 0.86
- Grade Unit
- g/t
- Contained Metal
- 1.8
- Contained Unit
- moz
- Cutoff Grade
- 0.25
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Inferred open pit resource at Mungari provides future potential, but requires further work to upgrade confidence.
Positive factors
- Adds to the overall gold resource base at Mungari.
Evidence · table
“1.8”
Context: 65
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
measuredMungari · goldTonnes: 1900000Grade: 5.22Grade Unit: g/tContained Metal: 0.31Contained Unit: mozView all detailsHide details
Identity
- Project
- Mungari
- Commodity
- gold
- Ticker
- EVN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:005236fadbe0f8781431
- Deposit or zone
- UG
Resource Data
- Category
- measured
- Tonnes
- 1900000
- Grade
- 5.22
- Grade Unit
- g/t
- Contained Metal
- 0.31
- Contained Unit
- moz
- Cutoff Grade
- 1.9
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Measured underground resource at Mungari provides a high-grade, high-confidence gold component.
Positive factors
- High-grade underground resource in the Measured category.
Evidence · table
“0.31”
Context: 1.9
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
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
indicatedMungari · goldTonnes: 7800000Grade: 4.87Grade Unit: g/tContained Metal: 1.2Contained Unit: mozView all detailsHide details
Identity
- Project
- Mungari
- Commodity
- gold
- Ticker
- EVN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:3f43330d4276e9a1153d
- Deposit or zone
- UG
Resource Data
- Category
- indicated
- Tonnes
- 7800000
- Grade
- 4.87
- Grade Unit
- g/t
- Contained Metal
- 1.2
- Contained Unit
- moz
- Cutoff Grade
- 1.9
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Indicated underground resource at Mungari provides a significant high-grade gold component with good confidence.
Positive factors
- High-grade underground resource in the Indicated category.
Evidence · table
“1.2”
Context: 7.8
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
inferredMungari · goldTonnes: 7600000Grade: 4.24Grade Unit: g/tContained Metal: 1Contained Unit: mozView all detailsHide details
Identity
- Project
- Mungari
- Commodity
- gold
- Ticker
- EVN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:6a7604db4ccdbd5b6e59
- Deposit or zone
- UG
Resource Data
- Category
- inferred
- Tonnes
- 7600000
- Grade
- 4.24
- Grade Unit
- g/t
- Contained Metal
- 1
- Contained Unit
- moz
- Cutoff Grade
- 1.9
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Inferred underground resource at Mungari provides future high-grade potential, but requires further work to upgrade confidence.
Positive factors
- High-grade underground resource in the Inferred category.
Evidence · table
“1.0”
Context: 7.6
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
indicatedRed Lake · goldTonnes: 12000000Grade: 1.17Grade Unit: g/tContained Metal: 0.46Contained Unit: mozView all detailsHide details
Identity
- Project
- Red Lake
- Commodity
- gold
- Ticker
- EVN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:c7555c22f27be921f16b
- Deposit or zone
- T
Resource Data
- Category
- indicated
- Tonnes
- 12000000
- Grade
- 1.17
- Grade Unit
- g/t
- Contained Metal
- 0.46
- Contained Unit
- moz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Indicated tailings resource at Red Lake provides a low-cost gold source, but overall Red Lake resources decreased.
Positive factors
- Adds to the gold resource base from tailings.
Evidence · table
“0.46”
Context: 12
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
inferredRed Lake · goldTonnes: 5600000Grade: 0.74Grade Unit: g/tContained Metal: 0.13Contained Unit: mozView all detailsHide details
Identity
- Project
- Red Lake
- Commodity
- gold
- Ticker
- EVN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:fd19c645fe8a2f38bec1
- Deposit or zone
- T
Resource Data
- Category
- inferred
- Tonnes
- 5600000
- Grade
- 0.74
- Grade Unit
- g/t
- Contained Metal
- 0.13
- Contained Unit
- moz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Inferred tailings resource at Red Lake adds to the resource base but with lower confidence and contributes to the overall decrease in Red Lake gold resources.
Negative factors
- Lower confidence category for tailings resource.
Evidence · table
“0.13”
Context: 5.6
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
indicatedRed Lake · goldTonnes: 27000000Grade: 4.78Grade Unit: g/tContained Metal: 4.2Contained Unit: mozView all detailsHide details
Identity
- Project
- Red Lake
- Commodity
- gold
- Ticker
- EVN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:b4500a44c44adaf6430c
- Deposit or zone
- UG
Resource Data
- Category
- indicated
- Tonnes
- 27000000
- Grade
- 4.78
- Grade Unit
- g/t
- Contained Metal
- 4.2
- Contained Unit
- moz
- Cutoff Grade
- 2.6
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Indicated underground resource at Red Lake is a substantial high-grade gold component, but the project's overall gold resources declined.
Positive factors
- Significant high-grade underground resource in the Indicated category.
Negative factors
- Red Lake overall gold resources decreased.
Evidence · table
“4.2”
Context: 27
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
inferredRed Lake · goldTonnes: 15000000Grade: 4.59Grade Unit: g/tContained Metal: 2.2Contained Unit: mozView all detailsHide details
Identity
- Project
- Red Lake
- Commodity
- gold
- Ticker
- EVN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:9b5640191b2d5ed8b1f6
- Deposit or zone
- UG
Resource Data
- Category
- inferred
- Tonnes
- 15000000
- Grade
- 4.59
- Grade Unit
- g/t
- Contained Metal
- 2.2
- Contained Unit
- moz
- Cutoff Grade
- 2.6
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Inferred underground resource at Red Lake provides future high-grade potential, but the project's overall gold resources declined.
Positive factors
- Significant high-grade underground resource in the Inferred category.
Negative factors
- Red Lake overall gold resources decreased.
Evidence · table
“2.2”
Context: 15
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
indicatedMt Rawdon · goldTonnes: 500000Grade: 0.58Grade Unit: g/tContained Metal: 0.005Contained Unit: mozView all detailsHide details
Identity
- Project
- Mt Rawdon
- Commodity
- gold
- Ticker
- EVN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:e070c9350d980e072210
- Deposit or zone
- OP
Resource Data
- Category
- indicated
- Tonnes
- 500000
- Grade
- 0.58
- Grade Unit
- g/t
- Contained Metal
- 0.005
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Indicated open pit resource at Mt Rawdon is very small and the mine is transitioning to closure, limiting its future impact.
Negative factors
- Very small contained metal amount.
- Mine is nearing end of operations.
Evidence · table
“<0.01”
Context: 0.5
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
indicatedMarsden · goldTonnes: 93000000Grade: 0.3Grade Unit: g/tContained Metal: 0.9Contained Unit: mozView all detailsHide details
Identity
- Project
- Marsden
- Commodity
- gold
- Ticker
- EVN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:9a4ce1dd8a7b5dd37595
- Deposit or zone
- OP
Resource Data
- Category
- indicated
- Tonnes
- 93000000
- Grade
- 0.3
- Grade Unit
- g/t
- Contained Metal
- 0.9
- Contained Unit
- moz
- Cutoff Grade
- 0.2
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Indicated open pit resource at Marsden has a low gold grade and the project's overall gold resources decreased.
Negative factors
- Marsden gold resources decreased overall.
- Low grade for gold.
Evidence · table
“0.90”
Context: 93
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
inferredMarsden · goldTonnes: 4200000Grade: 0.16Grade Unit: g/tContained Metal: 0.022Contained Unit: mozView all detailsHide details
Identity
- Project
- Marsden
- Commodity
- gold
- Ticker
- EVN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:b899d14240a5bedb7255
- Deposit or zone
- OP
Resource Data
- Category
- inferred
- Tonnes
- 4200000
- Grade
- 0.16
- Grade Unit
- g/t
- Contained Metal
- 0.022
- Contained Unit
- moz
- Cutoff Grade
- 0.2
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Inferred open pit resource at Marsden has a very low gold grade and the project's overall gold resources declined.
Negative factors
- Very low grade for gold.
- Marsden gold resources decreased overall.
Evidence · table
“0.022”
Context: 4.2
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
measuredNorthparkes · goldTonnes: 5100000Grade: 0.44Grade Unit: g/tContained Metal: 0.07Contained Unit: mozView all detailsHide details
Identity
- Project
- Northparkes
- Commodity
- gold
- Ticker
- EVN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:1e7e91d2d566f096bb24
- Deposit or zone
- SP
Resource Data
- Category
- measured
- Tonnes
- 5100000
- Grade
- 0.44
- Grade Unit
- g/t
- Contained Metal
- 0.07
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Measured stockpile resource at Northparkes provides a low-grade, high-confidence gold source.
Positive factors
- Adds to the gold resource base from stockpiles.
Evidence · table
“0.07”
Context: 5.1
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
measuredNorthparkes · goldTonnes: 12000000Grade: 0.78Grade Unit: g/tContained Metal: 0.29Contained Unit: mozView all detailsHide details
Identity
- Project
- Northparkes
- Commodity
- gold
- Ticker
- EVN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:b25e5164769ff0206203
- Deposit or zone
- OP
Resource Data
- Category
- measured
- Tonnes
- 12000000
- Grade
- 0.78
- Grade Unit
- g/t
- Contained Metal
- 0.29
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Measured open pit resource at Northparkes contributes to the project's gold inventory with high confidence.
Positive factors
- Adds to the gold resource base in the Measured category.
Evidence · table
“0.29”
Context: 12
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
indicatedNorthparkes · goldTonnes: 24000000Grade: 0.34Grade Unit: g/tContained Metal: 0.26Contained Unit: mozView all detailsHide details
Identity
- Project
- Northparkes
- Commodity
- gold
- Ticker
- EVN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:013024b4dd17307c9446
- Deposit or zone
- OP
Resource Data
- Category
- indicated
- Tonnes
- 24000000
- Grade
- 0.34
- Grade Unit
- g/t
- Contained Metal
- 0.26
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Indicated open pit resource at Northparkes contributes to the project's gold inventory with reasonable confidence.
Positive factors
- Adds to the gold resource base in the Indicated category.
Evidence · table
“0.26”
Context: 24
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
inferredNorthparkes · goldTonnes: 7200000Grade: 0.16Grade Unit: g/tContained Metal: 0.037Contained Unit: mozView all detailsHide details
Identity
- Project
- Northparkes
- Commodity
- gold
- Ticker
- EVN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:d010248444cb8b3b2d6d
- Deposit or zone
- OP
Resource Data
- Category
- inferred
- Tonnes
- 7200000
- Grade
- 0.16
- Grade Unit
- g/t
- Contained Metal
- 0.037
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Inferred open pit resource at Northparkes has a very low gold grade, contributing minimally to the overall resource.
Negative factors
- Very low grade for gold.
Evidence · table
“0.037”
Context: 7.2
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
measuredNorthparkes · goldTonnes: 150000000Grade: 0.2Grade Unit: g/tContained Metal: 0.98Contained Unit: mozView all detailsHide details
Identity
- Project
- Northparkes
- Commodity
- gold
- Ticker
- EVN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:0fe163de115183e1a784
- Deposit or zone
- UG
Resource Data
- Category
- measured
- Tonnes
- 150000000
- Grade
- 0.2
- Grade Unit
- g/t
- Contained Metal
- 0.98
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Measured underground resource at Northparkes provides a high-confidence gold component, contributing to the project's overall value.
Positive factors
- Significant contained gold metal in Measured category.
Evidence · table
“0.98”
Context: 150
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
indicatedNorthparkes · goldTonnes: 260000000Grade: 0.14Grade Unit: g/tContained Metal: 1.2Contained Unit: mozView all detailsHide details
Identity
- Project
- Northparkes
- Commodity
- gold
- Ticker
- EVN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:507c3a3a6b4ece51a047
- Deposit or zone
- UG
Resource Data
- Category
- indicated
- Tonnes
- 260000000
- Grade
- 0.14
- Grade Unit
- g/t
- Contained Metal
- 1.2
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Indicated underground resource at Northparkes adds substantial gold to the project's inventory with reasonable confidence.
Positive factors
- Large tonnage and contained gold in Indicated category.
Evidence · table
“1.2”
Context: 260
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
inferredNorthparkes · goldTonnes: 39000000Grade: 0.16Grade Unit: g/tContained Metal: 0.2Contained Unit: mozView all detailsHide details
Identity
- Project
- Northparkes
- Commodity
- gold
- Ticker
- EVN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:ea38e9af224305f2bb7e
- Deposit or zone
- UG
Resource Data
- Category
- inferred
- Tonnes
- 39000000
- Grade
- 0.16
- Grade Unit
- g/t
- Contained Metal
- 0.2
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Inferred underground resource at Northparkes provides future potential for gold, but requires further work to increase confidence.
Positive factors
- Adds to the overall gold resource base at Northparkes.
Evidence · table
“0.20”
Context: 39
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
provenCowal · goldTonnes: 44000000Grade: 0.52Grade Unit: g/tContained Metal: 0.73Contained Unit: mozView all detailsHide details
Identity
- Project
- Cowal
- Commodity
- gold
- Ticker
- EVN
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:ac15f31ab0023a885f5f
- Deposit or zone
- SP
Resource Data
- Category
- proven
- Tonnes
- 44000000
- Grade
- 0.52
- Grade Unit
- g/t
- Contained Metal
- 0.73
- Contained Unit
- moz
- Cutoff Grade
- 0.3
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Proven reserve for Cowal stockpiles contributes significantly to the overall gold reserve, reflecting high confidence and economic viability.
Positive factors
- Significant contained gold metal in Proven category.
- Contributes to overall gold reserve growth.
Evidence · table
“0.73”
Context: 44
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
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
probableCowal · goldTonnes: 2000000Grade: 0.37Grade Unit: g/tContained Metal: 0.024Contained Unit: mozView all detailsHide details
Identity
- Project
- Cowal
- Commodity
- gold
- Ticker
- EVN
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:7723aeed20436f5603b8
- Deposit or zone
- SP
Resource Data
- Category
- probable
- Tonnes
- 2000000
- Grade
- 0.37
- Grade Unit
- g/t
- Contained Metal
- 0.024
- Contained Unit
- moz
- Cutoff Grade
- 0.3
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Probable reserve for Cowal stockpiles contributes to the overall gold reserve, but with lower confidence and smaller scale.
Positive factors
- Adds to the gold reserve base from stockpiles.
Evidence · table
“0.024”
Context: 2.0
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
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
probableCowal · goldTonnes: 110000000Grade: 0.78Grade Unit: g/tContained Metal: 2.7Contained Unit: mozView all detailsHide details
Identity
- Project
- Cowal
- Commodity
- gold
- Ticker
- EVN
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:1fa3bec8113bff276d40
- Deposit or zone
- OP
Resource Data
- Category
- probable
- Tonnes
- 110000000
- Grade
- 0.78
- Grade Unit
- g/t
- Contained Metal
- 2.7
- Contained Unit
- moz
- Cutoff Grade
- 0.3
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Probable open pit reserve at Cowal represents a substantial portion of the project's gold reserves, showing positive growth.
Positive factors
- Large tonnage and contained gold in Probable category.
- Contributes to overall gold reserve growth at Cowal.
Evidence · table
“2.7”
Context: 110
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
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
probableCowal · goldTonnes: 26000000Grade: 2.02Grade Unit: g/tContained Metal: 1.7Contained Unit: mozView all detailsHide details
Identity
- Project
- Cowal
- Commodity
- gold
- Ticker
- EVN
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:004a016ccb4726df80e9
- Deposit or zone
- UG
Resource Data
- Category
- probable
- Tonnes
- 26000000
- Grade
- 2.02
- Grade Unit
- g/t
- Contained Metal
- 1.7
- Contained Unit
- moz
- Cutoff Grade
- 1.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Probable underground reserve at Cowal provides a significant high-grade gold component to the project's reserves.
Positive factors
- High-grade underground reserve in the Probable category.
- Contributes to overall gold reserve growth at Cowal.
Evidence · table
“1.7”
Context: 26
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
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
provenErnest Henry · goldTonnes: 27000000Grade: 0.65Grade Unit: g/tContained Metal: 0.57Contained Unit: mozView all detailsHide details
Identity
- Project
- Ernest Henry
- Commodity
- gold
- Ticker
- EVN
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:194d8639604593ce04a9
- Deposit or zone
- UG
Resource Data
- Category
- proven
- Tonnes
- 27000000
- Grade
- 0.65
- Grade Unit
- g/t
- Contained Metal
- 0.57
- Contained Unit
- moz
- Cutoff Grade
- 0.75
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Proven reserve at Ernest Henry provides a high-confidence gold component, contributing to the project's overall value.
Positive factors
- Significant contained gold metal in Proven category.
Evidence · table
“0.57”
Context: 27
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
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
probableErnest Henry · goldTonnes: 46000000Grade: 0.35Grade Unit: g/tContained Metal: 0.51Contained Unit: mozView all detailsHide details
Identity
- Project
- Ernest Henry
- Commodity
- gold
- Ticker
- EVN
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:87c65ef994a5d2864fa9
- Deposit or zone
- UG
Resource Data
- Category
- probable
- Tonnes
- 46000000
- Grade
- 0.35
- Grade Unit
- g/t
- Contained Metal
- 0.51
- Contained Unit
- moz
- Cutoff Grade
- 0.75
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Probable reserve at Ernest Henry contributes to the project's gold inventory, but with lower confidence and grade than the Proven category.
Positive factors
- Adds to the gold reserve base in the Probable category.
Evidence · table
“0.51”
Context: 46
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
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
probableMungari · goldTonnes: 4000000Grade: 0.67Grade Unit: g/tContained Metal: 0.086Contained Unit: mozView all detailsHide details
Identity
- Project
- Mungari
- Commodity
- gold
- Ticker
- EVN
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:6f1b530d397b9613af7f
- Deposit or zone
- SP
Resource Data
- Category
- probable
- Tonnes
- 4000000
- Grade
- 0.67
- Grade Unit
- g/t
- Contained Metal
- 0.086
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Probable stockpile reserve at Mungari provides a low-grade, accessible gold source.
Positive factors
- Adds to the gold reserve base from stockpiles.
Evidence · table
“0.086”
Context: 4.0
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
probableMungari · goldTonnes: 38000000Grade: 1.07Grade Unit: g/tContained Metal: 1.3Contained Unit: mozView all detailsHide details
Identity
- Project
- Mungari
- Commodity
- gold
- Ticker
- EVN
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:d7f52f7e4ac24339c890
- Deposit or zone
- OP
Resource Data
- Category
- probable
- Tonnes
- 38000000
- Grade
- 1.07
- Grade Unit
- g/t
- Contained Metal
- 1.3
- Contained Unit
- moz
- Cutoff Grade
- 0.4
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Probable open pit reserve at Mungari is a substantial contributor to the project's gold reserves.
Positive factors
- Significant contained gold metal in Probable category.
Evidence · table
“1.3”
Context: 38
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
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
provenMungari · goldTonnes: 570000Grade: 3.87Grade Unit: g/tContained Metal: 0.071Contained Unit: mozView all detailsHide details
Identity
- Project
- Mungari
- Commodity
- gold
- Ticker
- EVN
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:cf5e628f039293c88782
- Deposit or zone
- UG
Resource Data
- Category
- proven
- Tonnes
- 570000
- Grade
- 3.87
- Grade Unit
- g/t
- Contained Metal
- 0.071
- Contained Unit
- moz
- Cutoff Grade
- 2.2
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Proven underground reserve at Mungari provides a high-grade, high-confidence gold component, though small in scale.
Positive factors
- High-grade underground reserve in the Proven category.
Evidence · table
“0.071”
Context: 0.57
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
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
probableMungari · goldTonnes: 4400000Grade: 4.26Grade Unit: g/tContained Metal: 0.6Contained Unit: mozView all detailsHide details
Identity
- Project
- Mungari
- Commodity
- gold
- Ticker
- EVN
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:205f513a9f7539af0c0f
- Deposit or zone
- UG
Resource Data
- Category
- probable
- Tonnes
- 4400000
- Grade
- 4.26
- Grade Unit
- g/t
- Contained Metal
- 0.6
- Contained Unit
- moz
- Cutoff Grade
- 2.2
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Probable underground reserve at Mungari provides a significant high-grade gold component with good confidence.
Positive factors
- High-grade underground reserve in the Probable category.
Evidence · table
“0.60”
Context: 4.4
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
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
probableRed Lake · goldTonnes: 6800000Grade: 1.31Grade Unit: g/tContained Metal: 0.29Contained Unit: mozView all detailsHide details
Identity
- Project
- Red Lake
- Commodity
- gold
- Ticker
- EVN
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:e20bd6fd8ea079283a77
- Deposit or zone
- T
Resource Data
- Category
- probable
- Tonnes
- 6800000
- Grade
- 1.31
- Grade Unit
- g/t
- Contained Metal
- 0.29
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Probable tailings reserve at Red Lake provides a low-cost gold source, but overall Red Lake reserves remained flat.
Positive factors
- Adds to the gold reserve base from tailings.
Evidence · table
“0.29”
Context: 6.8
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
probableRed Lake · goldTonnes: 11000000Grade: 4.57Grade Unit: g/tContained Metal: 1.7Contained Unit: mozView all detailsHide details
Identity
- Project
- Red Lake
- Commodity
- gold
- Ticker
- EVN
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:9e4864c882826f6334ae
- Deposit or zone
- UG
Resource Data
- Category
- probable
- Tonnes
- 11000000
- Grade
- 4.57
- Grade Unit
- g/t
- Contained Metal
- 1.7
- Contained Unit
- moz
- Cutoff Grade
- 3.2
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Probable underground reserve at Red Lake is a substantial high-grade gold component, contributing to the project's reserves.
Positive factors
- Significant high-grade underground reserve in the Probable category.
Evidence · table
“1.7”
Context: 11
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
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
probableMt Rawdon · goldTonnes: 500000Grade: 0.58Grade Unit: g/tContained Metal: 0.005Contained Unit: mozView all detailsHide details
Identity
- Project
- Mt Rawdon
- Commodity
- gold
- Ticker
- EVN
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:ace206124019c063ef88
- Deposit or zone
- OP
Resource Data
- Category
- probable
- Tonnes
- 500000
- Grade
- 0.58
- Grade Unit
- g/t
- Contained Metal
- 0.005
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Probable open pit reserve at Mt Rawdon is very small and the mine is transitioning to closure, limiting its future impact.
Negative factors
- Very small contained metal amount.
- Mine is nearing end of operations.
Evidence · table
“<0.01”
Context: 0.50
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
probableMarsden · goldTonnes: 68000000Grade: 0.36Grade Unit: g/tContained Metal: 0.79Contained Unit: mozView all detailsHide details
Identity
- Project
- Marsden
- Commodity
- gold
- Ticker
- EVN
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:2e9042c0353a4a8bbc6e
- Deposit or zone
- OP
Resource Data
- Category
- probable
- Tonnes
- 68000000
- Grade
- 0.36
- Grade Unit
- g/t
- Contained Metal
- 0.79
- Contained Unit
- moz
- Cutoff Grade
- 0.3
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Probable open pit reserve at Marsden has a low gold grade and the project's overall gold reserves declined.
Negative factors
- Marsden gold reserves decreased overall.
- Low grade for gold.
Evidence · table
“0.79”
Context: 68
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
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
provenNorthparkes · goldTonnes: 2800000Grade: 0.17Grade Unit: g/tContained Metal: 0.015Contained Unit: mozView all detailsHide details
Identity
- Project
- Northparkes
- Commodity
- gold
- Ticker
- EVN
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:058769c8ab8b554b6d9c
- Deposit or zone
- SP
Resource Data
- Category
- proven
- Tonnes
- 2800000
- Grade
- 0.17
- Grade Unit
- g/t
- Contained Metal
- 0.015
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Proven stockpile reserve at Northparkes provides a low-grade, high-confidence gold source, but is small in scale.
Positive factors
- Adds to the gold reserve base from stockpiles.
Evidence · table
“0.015”
Context: 2.8
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
provenNorthparkes · goldTonnes: 4000000Grade: 0.25Grade Unit: g/tContained Metal: 0.032Contained Unit: mozView all detailsHide details
Identity
- Project
- Northparkes
- Commodity
- gold
- Ticker
- EVN
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:2e96eb0a3bc56227b08e
- Deposit or zone
- OP
Resource Data
- Category
- proven
- Tonnes
- 4000000
- Grade
- 0.25
- Grade Unit
- g/t
- Contained Metal
- 0.032
- Contained Unit
- moz
- Cutoff Grade
- 0.25
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Proven open pit reserve at Northparkes contributes to the project's gold inventory with high confidence, but is small in scale and low grade.
Positive factors
- Adds to the gold reserve base in the Proven category.
Evidence · table
“0.032”
Context: 4.0
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
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
probableNorthparkes · goldTonnes: 3300000Grade: 0.21Grade Unit: g/tContained Metal: 0.023Contained Unit: mozView all detailsHide details
Identity
- Project
- Northparkes
- Commodity
- gold
- Ticker
- EVN
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:3a084b744604cf58669a
- Deposit or zone
- OP
Resource Data
- Category
- probable
- Tonnes
- 3300000
- Grade
- 0.21
- Grade Unit
- g/t
- Contained Metal
- 0.023
- Contained Unit
- moz
- Cutoff Grade
- 0.25
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Probable open pit reserve at Northparkes has a very low gold grade, contributing minimally to the overall reserve.
Negative factors
- Very low grade for gold.
Evidence · table
“0.023”
Context: 3.3
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
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
provenNorthparkes · goldTonnes: 1800000Grade: 0.33Grade Unit: g/tContained Metal: 0.019Contained Unit: mozView all detailsHide details
Identity
- Project
- Northparkes
- Commodity
- gold
- Ticker
- EVN
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:f0a8e953391b8d40fa63
- Deposit or zone
- UG
Resource Data
- Category
- proven
- Tonnes
- 1800000
- Grade
- 0.33
- Grade Unit
- g/t
- Contained Metal
- 0.019
- Contained Unit
- moz
- Cutoff Grade
- 0.32
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Proven underground reserve at Northparkes contributes to the project's gold inventory with high confidence, but is small in scale and low grade.
Positive factors
- Adds to the gold reserve base in the Proven category.
Evidence · table
“0.019”
Context: 1.8
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
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
probableNorthparkes · goldTonnes: 67000000Grade: 0.28Grade Unit: g/tContained Metal: 0.6Contained Unit: mozView all detailsHide details
Identity
- Project
- Northparkes
- Commodity
- gold
- Ticker
- EVN
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:c4515683973462e56e23
- Deposit or zone
- UG
Resource Data
- Category
- probable
- Tonnes
- 67000000
- Grade
- 0.28
- Grade Unit
- g/t
- Contained Metal
- 0.6
- Contained Unit
- moz
- Cutoff Grade
- 0.32
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Probable underground reserve at Northparkes contributes to the project's gold inventory, but with lower confidence and grade than the Proven category.
Positive factors
- Adds to the gold reserve base in the Probable category.
Evidence · table
“0.60”
Context: 67
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
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
measuredErnest Henry · copperTonnes: 31000000Grade: 1.34Grade Unit: %Contained Metal: 420Contained Unit: ktView all detailsHide details
Identity
- Project
- Ernest Henry
- Commodity
- copper
- Ticker
- EVN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:435e213371aff3b2d310
- Deposit or zone
- UG
Resource Data
- Category
- measured
- Tonnes
- 31000000
- Grade
- 1.34
- Grade Unit
- %
- Contained Metal
- 420
- Contained Unit
- kt
- Cutoff Grade
- 0.7
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Measured resource at Ernest Henry provides a high-confidence copper component, but the project's overall copper resources declined.
Positive factors
- Significant contained copper metal in Measured category.
Negative factors
- Ernest Henry copper resources decreased overall.
Evidence · table
“420”
Context: 31
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
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
indicatedErnest Henry · copperTonnes: 49000000Grade: 1.24Grade Unit: %Contained Metal: 610Contained Unit: ktView all detailsHide details
Identity
- Project
- Ernest Henry
- Commodity
- copper
- Ticker
- EVN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:e679bcd203782255c009
- Deposit or zone
- UG
Resource Data
- Category
- indicated
- Tonnes
- 49000000
- Grade
- 1.24
- Grade Unit
- %
- Contained Metal
- 610
- Contained Unit
- kt
- Cutoff Grade
- 0.7
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Indicated resource at Ernest Henry adds substantial copper to the project's inventory with reasonable confidence, but the project's overall copper resources declined.
Positive factors
- Large tonnage and contained copper in Indicated category.
Negative factors
- Ernest Henry copper resources decreased overall.
Evidence · table
“610”
Context: 49
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
inferredErnest Henry · copperTonnes: 25000000Grade: 1.13Grade Unit: %Contained Metal: 280Contained Unit: ktView all detailsHide details
Identity
- Project
- Ernest Henry
- Commodity
- copper
- Ticker
- EVN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:b943c49c869240c7af81
- Deposit or zone
- UG
Resource Data
- Category
- inferred
- Tonnes
- 25000000
- Grade
- 1.13
- Grade Unit
- %
- Contained Metal
- 280
- Contained Unit
- kt
- Cutoff Grade
- 0.7
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Inferred resource at Ernest Henry provides future potential for copper, but requires further work to increase confidence, and the project's overall copper resources declined.
Positive factors
- Adds to the overall copper resource base at Ernest Henry.
Negative factors
- Ernest Henry copper resources decreased overall.
Evidence · table
“280”
Context: 25
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
indicatedMarsden · copperTonnes: 93000000Grade: 0.5Grade Unit: %Contained Metal: 460Contained Unit: ktView all detailsHide details
Identity
- Project
- Marsden
- Commodity
- copper
- Ticker
- EVN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:9a4ce1dd8a7b5dd37595
- Deposit or zone
- OP
Resource Data
- Category
- indicated
- Tonnes
- 93000000
- Grade
- 0.5
- Grade Unit
- %
- Contained Metal
- 460
- Contained Unit
- kt
- Cutoff Grade
- 0.2
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Indicated open pit resource at Marsden contributes to the copper inventory, but the project's overall copper resources declined.
Negative factors
- Marsden copper resources decreased overall.
Evidence · table
“460”
Context: 93
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
inferredMarsden · copperTonnes: 4200000Grade: 0.42Grade Unit: %Contained Metal: 18Contained Unit: ktView all detailsHide details
Identity
- Project
- Marsden
- Commodity
- copper
- Ticker
- EVN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:b899d14240a5bedb7255
- Deposit or zone
- OP
Resource Data
- Category
- inferred
- Tonnes
- 4200000
- Grade
- 0.42
- Grade Unit
- %
- Contained Metal
- 18
- Contained Unit
- kt
- Cutoff Grade
- 0.2
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Inferred open pit resource at Marsden is small and the project's overall copper resources declined.
Negative factors
- Small contained copper metal amount.
- Marsden copper resources decreased overall.
Evidence · table
“18”
Context: 4.2
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
measuredNorthparkes · copperTonnes: 5100000Grade: 0.33Grade Unit: %Contained Metal: 17Contained Unit: ktView all detailsHide details
Identity
- Project
- Northparkes
- Commodity
- copper
- Ticker
- EVN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:1e7e91d2d566f096bb24
- Deposit or zone
- SP
Resource Data
- Category
- measured
- Tonnes
- 5100000
- Grade
- 0.33
- Grade Unit
- %
- Contained Metal
- 17
- Contained Unit
- kt
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Measured stockpile resource at Northparkes provides a low-grade, high-confidence copper source.
Positive factors
- Adds to the copper resource base from stockpiles.
Evidence · table
“17”
Context: 5.1
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
measuredNorthparkes · copperTonnes: 12000000Grade: 0.16Grade Unit: %Contained Metal: 18Contained Unit: ktView all detailsHide details
Identity
- Project
- Northparkes
- Commodity
- copper
- Ticker
- EVN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:b25e5164769ff0206203
- Deposit or zone
- OP
Resource Data
- Category
- measured
- Tonnes
- 12000000
- Grade
- 0.16
- Grade Unit
- %
- Contained Metal
- 18
- Contained Unit
- kt
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Measured open pit resource at Northparkes contributes to the project's copper inventory with high confidence, but is low grade.
Positive factors
- Adds to the copper resource base in the Measured category.
Evidence · table
“18”
Context: 12
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
indicatedNorthparkes · copperTonnes: 24000000Grade: 0.22Grade Unit: %Contained Metal: 52Contained Unit: ktView all detailsHide details
Identity
- Project
- Northparkes
- Commodity
- copper
- Ticker
- EVN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:013024b4dd17307c9446
- Deposit or zone
- OP
Resource Data
- Category
- indicated
- Tonnes
- 24000000
- Grade
- 0.22
- Grade Unit
- %
- Contained Metal
- 52
- Contained Unit
- kt
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Indicated open pit resource at Northparkes contributes to the project's copper inventory with reasonable confidence, but is low grade.
Positive factors
- Adds to the copper resource base in the Indicated category.
Evidence · table
“52”
Context: 24
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
inferredNorthparkes · copperTonnes: 7200000Grade: 0.26Grade Unit: %Contained Metal: 19Contained Unit: ktView all detailsHide details
Identity
- Project
- Northparkes
- Commodity
- copper
- Ticker
- EVN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:d010248444cb8b3b2d6d
- Deposit or zone
- OP
Resource Data
- Category
- inferred
- Tonnes
- 7200000
- Grade
- 0.26
- Grade Unit
- %
- Contained Metal
- 19
- Contained Unit
- kt
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Inferred open pit resource at Northparkes provides future potential for copper, but requires further work to increase confidence.
Positive factors
- Adds to the overall copper resource base at Northparkes.
Evidence · table
“19”
Context: 7.2
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
measuredNorthparkes · copperTonnes: 150000000Grade: 0.56Grade Unit: %Contained Metal: 840Contained Unit: ktView all detailsHide details
Identity
- Project
- Northparkes
- Commodity
- copper
- Ticker
- EVN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:0fe163de115183e1a784
- Deposit or zone
- UG
Resource Data
- Category
- measured
- Tonnes
- 150000000
- Grade
- 0.56
- Grade Unit
- %
- Contained Metal
- 840
- Contained Unit
- kt
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Measured underground resource at Northparkes provides a high-confidence copper component, contributing significantly to the project's overall value.
Positive factors
- Significant contained copper metal in Measured category.
Evidence · table
“840”
Context: 150
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
indicatedNorthparkes · copperTonnes: 260000000Grade: 0.5Grade Unit: %Contained Metal: 1300Contained Unit: ktView all detailsHide details
Identity
- Project
- Northparkes
- Commodity
- copper
- Ticker
- EVN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:507c3a3a6b4ece51a047
- Deposit or zone
- UG
Resource Data
- Category
- indicated
- Tonnes
- 260000000
- Grade
- 0.5
- Grade Unit
- %
- Contained Metal
- 1300
- Contained Unit
- kt
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Indicated underground resource at Northparkes adds substantial copper to the project's inventory with reasonable confidence.
Positive factors
- Large tonnage and contained copper in Indicated category.
Evidence · table
“1,300”
Context: 260
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
inferredNorthparkes · copperTonnes: 39000000Grade: 0.47Grade Unit: %Contained Metal: 180Contained Unit: ktView all detailsHide details
Identity
- Project
- Northparkes
- Commodity
- copper
- Ticker
- EVN
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:ea38e9af224305f2bb7e
- Deposit or zone
- UG
Resource Data
- Category
- inferred
- Tonnes
- 39000000
- Grade
- 0.47
- Grade Unit
- %
- Contained Metal
- 180
- Contained Unit
- kt
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Inferred underground resource at Northparkes provides future potential for copper, but requires further work to increase confidence.
Positive factors
- Adds to the overall copper resource base at Northparkes.
Evidence · table
“180”
Context: 39
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
provenErnest Henry · copperTonnes: 27000000Grade: 1.07Grade Unit: %Contained Metal: 290Contained Unit: ktView all detailsHide details
Identity
- Project
- Ernest Henry
- Commodity
- copper
- Ticker
- EVN
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:194d8639604593ce04a9
- Deposit or zone
- UG
Resource Data
- Category
- proven
- Tonnes
- 27000000
- Grade
- 1.07
- Grade Unit
- %
- Contained Metal
- 290
- Contained Unit
- kt
- Cutoff Grade
- 0.75
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Proven reserve at Ernest Henry provides a high-confidence copper component, but the project's overall copper reserves declined.
Positive factors
- Significant contained copper metal in Proven category.
Negative factors
- Ernest Henry copper reserves decreased overall.
Evidence · table
“290”
Context: 27
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
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
probableErnest Henry · copperTonnes: 46000000Grade: 0.56Grade Unit: %Contained Metal: 260Contained Unit: ktView all detailsHide details
Identity
- Project
- Ernest Henry
- Commodity
- copper
- Ticker
- EVN
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:87c65ef994a5d2864fa9
- Deposit or zone
- UG
Resource Data
- Category
- probable
- Tonnes
- 46000000
- Grade
- 0.56
- Grade Unit
- %
- Contained Metal
- 260
- Contained Unit
- kt
- Cutoff Grade
- 0.75
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Probable reserve at Ernest Henry contributes to the project's copper inventory, but with lower confidence and grade than the Proven category, and the project's overall copper reserves declined.
Positive factors
- Adds to the copper reserve base in the Probable category.
Negative factors
- Ernest Henry copper reserves decreased overall.
Evidence · table
“260”
Context: 46
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
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
probableMarsden · copperTonnes: 68000000Grade: 0.56Grade Unit: %Contained Metal: 380Contained Unit: ktView all detailsHide details
Identity
- Project
- Marsden
- Commodity
- copper
- Ticker
- EVN
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:2e9042c0353a4a8bbc6e
- Deposit or zone
- OP
Resource Data
- Category
- probable
- Tonnes
- 68000000
- Grade
- 0.56
- Grade Unit
- %
- Contained Metal
- 380
- Contained Unit
- kt
- Cutoff Grade
- 0.3
- Cutoff Unit
- % Cu
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Probable open pit reserve at Marsden contributes to the copper inventory, but the overall group copper reserves declined.
Negative factors
- Marsden copper reserves increased slightly, but overall group copper reserves decreased.
Evidence · table
“380”
Context: 68
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
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
provenNorthparkes · copperTonnes: 2800000Grade: 0.29Grade Unit: %Contained Metal: 8.2Contained Unit: ktView all detailsHide details
Identity
- Project
- Northparkes
- Commodity
- copper
- Ticker
- EVN
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:058769c8ab8b554b6d9c
- Deposit or zone
- SP
Resource Data
- Category
- proven
- Tonnes
- 2800000
- Grade
- 0.29
- Grade Unit
- %
- Contained Metal
- 8.2
- Contained Unit
- kt
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Proven stockpile reserve at Northparkes provides a low-grade, high-confidence copper source, but is small in scale.
Positive factors
- Adds to the copper reserve base from stockpiles.
Evidence · table
“8.2”
Context: 2.8
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
provenNorthparkes · copperTonnes: 4000000Grade: 0.37Grade Unit: %Contained Metal: 15Contained Unit: ktView all detailsHide details
Identity
- Project
- Northparkes
- Commodity
- copper
- Ticker
- EVN
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:2e96eb0a3bc56227b08e
- Deposit or zone
- OP
Resource Data
- Category
- proven
- Tonnes
- 4000000
- Grade
- 0.37
- Grade Unit
- %
- Contained Metal
- 15
- Contained Unit
- kt
- Cutoff Grade
- 0.25
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Proven open pit reserve at Northparkes contributes to the project's copper inventory with high confidence, but is small in scale and low grade.
Positive factors
- Adds to the copper reserve base in the Proven category.
Evidence · table
“15”
Context: 4.0
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
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
probableNorthparkes · copperTonnes: 3300000Grade: 0.3Grade Unit: %Contained Metal: 10Contained Unit: ktView all detailsHide details
Identity
- Project
- Northparkes
- Commodity
- copper
- Ticker
- EVN
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:3a084b744604cf58669a
- Deposit or zone
- OP
Resource Data
- Category
- probable
- Tonnes
- 3300000
- Grade
- 0.3
- Grade Unit
- %
- Contained Metal
- 10
- Contained Unit
- kt
- Cutoff Grade
- 0.25
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Probable open pit reserve at Northparkes has a very low copper grade, contributing minimally to the overall reserve.
Negative factors
- Very low grade for copper.
Evidence · table
“10”
Context: 3.3
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
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
provenNorthparkes · copperTonnes: 1800000Grade: 0.59Grade Unit: %Contained Metal: 11Contained Unit: ktView all detailsHide details
Identity
- Project
- Northparkes
- Commodity
- copper
- Ticker
- EVN
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:f0a8e953391b8d40fa63
- Deposit or zone
- UG
Resource Data
- Category
- proven
- Tonnes
- 1800000
- Grade
- 0.59
- Grade Unit
- %
- Contained Metal
- 11
- Contained Unit
- kt
- Cutoff Grade
- 0.32
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Proven underground reserve at Northparkes contributes to the project's copper inventory with high confidence, but is small in scale.
Positive factors
- Adds to the copper reserve base in the Proven category.
Evidence · table
“11”
Context: 1.8
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
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
probableNorthparkes · copperTonnes: 67000000Grade: 0.53Grade Unit: %Contained Metal: 360Contained Unit: ktView all detailsHide details
Identity
- Project
- Northparkes
- Commodity
- copper
- Ticker
- EVN
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Kevin Gleeson, Ben Reid, Ethan Robins, Peter Nichols, Krista Sutton, David Richards, Sam Ervin, Sarah Webster, Riek Muller, Paul Boamah, Jack Carswell, Ross Garling, Darren Hurst, Ryan Bettcher, Phillip Micale, Michael Corbett, Ben Young, Glen Williamson
- Resource group id
- resource:c4515683973462e56e23
- Deposit or zone
- UG
Resource Data
- Category
- probable
- Tonnes
- 67000000
- Grade
- 0.53
- Grade Unit
- %
- Contained Metal
- 360
- Contained Unit
- kt
- Cutoff Grade
- 0.32
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-12-31
Location
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: This Probable underground reserve at Northparkes contributes significantly to the project's copper inventory with good confidence.
Positive factors
- Adds to the copper reserve base in the Probable category.
Evidence · table
“360”
Context: 67
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
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
Fact 70PerthView all detailsHide details
Identity
- Project
- Perth
- Region
- australia
- Reported Region
- Australia
- Ticker
- EVN
Resource scope
- Estimate type
- reserve
- Resource group id
- resource:06520b3441dc5060a085
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: Explicit resource disclosure recovered from source prose.
Evidence · text
“Cowal Ore Reserve is a result of lower cut-off grades in”
Tags used in scoring
Cut-off Lowerednegative
Cut-off grade significantly reduced vs prior estimate — tonnage growth may be artificial inflation.
Why it applies: Cowal Ore Reserve is a result of lower cut-off grades in
Evidence · text
“Cowal Ore Reserve is a result of lower cut-off grades in”
Context: Perth, Australia
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.