# Final Results Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/final-results--911aa5f3-3a4e-43b4-9671-a962d7452de2 Original source: https://www.londonstockexchange.com/news-article/MILA/final-results/17845980 Publisher: lse Original announcement: 2026-10-21T05:22:29.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-21T09:19:12.712Z Atlas analysis updated: 2026-10-21T09:19:12.712Z - Company: Mila Resources Plc - Ticker: MILA - Exchange: LSE - Region: Unavailable - Primary commodity: Gold - Secondary commodities: Copper, Silver, Zinc - Document categories: Other, Resource update, Drill results - Extracted: 2026-10-21 09:19:13 UTC Narrative sentiment: -0.30 · Bearish ## Minestarters Atlas summary Mila Resources Plc announced its final results for the year ended 30 June 2026, reporting a significant loss of £6.6 million primarily due to a £5.3 million impairment of its Kathleen Valley project. The company is strategically divesting Kathleen Valley to focus on its Queensland portfolio, which includes the Yarrol Gold Project and Monal Copper-Gold Project, where exploration has yielded positive results and an MRE upgrade at Coffey \(Kathleen Valley\) was announced post-period. A successful £1.5 million capital raise post-period end will fund further exploration and resource definition efforts in Queensland. Reasoning: The company reported a substantial financial loss driven by a significant impairment of its Kathleen Valley project, reflecting a strategic decision to divest and focus on its Queensland portfolio. This strategic shift is supported by positive exploration results at Yarrol and Monal, a recent MRE upgrade at Coffey doubling contained ounces, and a successful post-period capital raise to fund future activities. - Positive factor: Strategic focus on Queensland projects \(Yarrol Gold, Monal Copper-Gold\) - Positive factor: Successful post-period capital raise - Positive factor: Upgraded MRE at Coffey with doubled contained ounces - Positive factor: Positive exploration results at Yarrol and Monal - Negative factor: Significant operating loss due to £5.3 million impairment of Kathleen Valley project - Negative factor: Decision to divest Kathleen Valley - Negative factor: High retained loss Low confidence — this extraction should be reviewed alongside the original source. Facts used in scoring: 16 ## Classification and evidence **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: The MRE at Coffey is reported as an Inferred Mineral Resource. Evidence · text > Inferred Mineral Resource **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: The document announces an upgraded MRE at Coffey. Evidence · text > upgraded MRE at Coffey **Contained Metal Growth** Polarity: positive Definition: True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes. Why it applies: The August 2026 MRE roughly doubles the contained ounces of gold from the previous MRE. Evidence · text > roughly doubles the tonnes and contained ounces of gold from the previous MRE **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: The MRE is based on a 0.5g/t Au cut-off. Evidence · text > based on a 0.5g/t Au cut-off **Bonanza Intercept** Polarity: positive Definition: Exceptionally high-grade zone, well above the deposit-type norm. Why it applies: An intercept of 1m @ 112 g/t Au is exceptionally high-grade for an orogenic gold deposit. Evidence · text > 1m @ 112 g/t **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: The drilling program at Yarrol is designed to infill and extend known mineralisation and test new targets along strike. Evidence · text > infill and extend known mineralisation and test new targets along strike **Apparent Width Only** Polarity: negative Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. Why it applies: Drill intercepts are reported as downhole lengths without true width disclosure. Evidence · text > 24m @ 29.4 g/t Au from 8m **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: No cut-off grade is stated for the reported drill intercepts. Evidence · text > Highlights included 24m @ 29.4 g/t Au from 8m **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: Several drill results from May 2025 and Feb-June 2026 are re-highlighted in this October 2026 release. Evidence · text > first-phase drilling results at Yarrol in May 2025 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: The Childs Prospect is highlighted for lying approximately 10km from the Mount Cannindah deposit. Evidence · text > lying approximately 10km from the Mount Cannindah deposit **Category Downgrade** Polarity: negative Definition: Resource confidence decreased — Measured downgraded to Indicated, or Indicated to Inferred. Unusual and concerning. Why it applies: The Kathleen Valley project was impaired by £5.3 million and is being divested, indicating a significant reduction in its perceived value and strategic importance to the company. Evidence · text > impairment charge of £5,359,106 ## Extracted facts Stored fact records: 12. Some facts used in scoring do not have a stored record. ## Drill Results (9) ### Fact 1 [Link to this fact](https://atlas-staging.minestarters.com/news/final-results--911aa5f3-3a4e-43b4-9671-a962d7452de2#fact-drill-facts-3) Yarrol North · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Yarrol North - Commodity: gold - Region: australia\_qld - Reported Region: australia\_qld - Ticker: MILA #### Geometry - Grade: 2.91 - Grade Unit: g/t - Intercept: 11 m #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-05-01T00:00:00.000Z #### Dates - Event date: 2026-10-21T00:00:00.000Z Reasoning: This historical intercept from May 2025 shows moderate gold grades over a good width from near surface, contributing to the project's potential, but is being re-released. - Negative factor: Apparent width only - Negative factor: Cut-off undisclosed - Negative factor: Stale data re-release Evidence · text > 11m @ 2.91 g/t gold #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fact 2 [Link to this fact](https://atlas-staging.minestarters.com/news/final-results--911aa5f3-3a4e-43b4-9671-a962d7452de2#fact-drill-facts-4) Yarrol North · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Yarrol North - Commodity: gold - Region: australia\_qld - Reported Region: australia\_qld - Ticker: MILA #### Geometry - Grade: 5.46 - Grade Unit: g/t - Intercept: 17 m - From: 42 m - To: 59 m - Intercept Depth: 42 m #### Classification - Sample Type: drill - Group ID: Yarrol\_North:42-59 #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-05-01T00:00:00.000Z #### Dates - Event date: 2026-10-21T00:00:00.000Z Reasoning: This historical intercept from May 2025 shows strong gold grades over a good width, contributing to the project's potential, but is being re-released. - Negative factor: Apparent width only - Negative factor: Cut-off undisclosed - Negative factor: Stale data re-release Evidence · text > 17m @ 5.46 g/t Au from 42m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fact 3 [Link to this fact](https://atlas-staging.minestarters.com/news/final-results--911aa5f3-3a4e-43b4-9671-a962d7452de2#fact-drill-facts-5) Yarrol North · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Yarrol North - Commodity: gold - Region: australia\_qld - Reported Region: australia\_qld - Ticker: MILA #### Geometry - Grade: 29.4 - Grade Unit: g/t - Intercept: 24 m - From: 8 m - To: 32 m - Intercept Depth: 8 m #### Classification - Sample Type: drill - Group ID: Yarrol\_North:8-32 #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-06-01T00:00:00.000Z #### Dates - Event date: 2026-10-21T00:00:00.000Z Reasoning: This historical intercept from early 2026 shows exceptional gold grades over a significant width from shallow depth, indicating high-grade potential, but is being re-released. - Negative factor: Apparent width only - Negative factor: Cut-off undisclosed - Negative factor: Stale data re-release Evidence · text > 24m @ 29.4 g/t Au from 8m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fact 4 [Link to this fact](https://atlas-staging.minestarters.com/news/final-results--911aa5f3-3a4e-43b4-9671-a962d7452de2#fact-drill-facts-6) Yarrol North · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Yarrol North - Commodity: gold - Region: australia\_qld - Reported Region: australia\_qld - Ticker: MILA #### Geometry - Grade: 112 - Grade Unit: g/t - Intercept: 1 m #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-06-01T00:00:00.000Z #### Dates - Event date: 2026-10-21T00:00:00.000Z Reasoning: This historical sub-interval from early 2026 represents a bonanza-grade gold intercept, highlighting very high-grade mineralization within a broader zone, but is being re-released. - Positive factor: Bonanza intercept - Negative factor: Apparent width only - Negative factor: Cut-off undisclosed - Negative factor: Stale data re-release Evidence · text > 1m @ 112 g/t #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fact 5 [Link to this fact](https://atlas-staging.minestarters.com/news/final-results--911aa5f3-3a4e-43b4-9671-a962d7452de2#fact-drill-facts-7) Yarrol North · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Yarrol North - Commodity: gold - Region: australia\_qld - Reported Region: australia\_qld - Ticker: MILA #### Geometry - Grade: 0.74 - Grade Unit: g/t - Intercept: 29 m - From: 50 m - To: 79 m - Intercept Depth: 50 m #### Classification - Sample Type: drill - Group ID: Yarrol\_North:50-79 #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-06-01T00:00:00.000Z #### Dates - Event date: 2026-10-21T00:00:00.000Z Reasoning: This historical intercept from early 2026 shows weak gold grades over a significant width, indicating broader mineralization, but is being re-released. - Negative factor: Apparent width only - Negative factor: Cut-off undisclosed - Negative factor: Stale data re-release Evidence · text > 29m @ 0.74 g/t Au from 50m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fact 6 [Link to this fact](https://atlas-staging.minestarters.com/news/final-results--911aa5f3-3a4e-43b4-9671-a962d7452de2#fact-drill-facts-8) Yarrol North · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Yarrol North - Commodity: gold - Region: australia\_qld - Reported Region: australia\_qld - Ticker: MILA #### Geometry - Grade: 1.3 - Grade Unit: g/t - Intercept: 9 m #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-06-01T00:00:00.000Z #### Dates - Event date: 2026-10-21T00:00:00.000Z Reasoning: This historical sub-interval from early 2026 shows moderate gold grades within a broader zone, but is being re-released. - Negative factor: Apparent width only - Negative factor: Cut-off undisclosed - Negative factor: Stale data re-release Evidence · text > 9m @ 1.3 g/t #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fact 7 [Link to this fact](https://atlas-staging.minestarters.com/news/final-results--911aa5f3-3a4e-43b4-9671-a962d7452de2#fact-drill-facts-9) Yarrol North · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Yarrol North - Commodity: gold - Region: australia\_qld - Reported Region: australia\_qld - Ticker: MILA #### Geometry - Grade: 2.48 - Grade Unit: g/t - Intercept: 9 m - From: 31 m - To: 40 m - Intercept Depth: 31 m #### Classification - Sample Type: drill - Group ID: Yarrol\_North:31-40 #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-06-01T00:00:00.000Z #### Dates - Event date: 2026-10-21T00:00:00.000Z Reasoning: This historical intercept from early 2026 shows strong gold grades over a moderate width, contributing to the project's potential, but is being re-released. - Negative factor: Apparent width only - Negative factor: Cut-off undisclosed - Negative factor: Stale data re-release Evidence · text > 9m @ 2.48 g/t Au from 31m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fact 8 [Link to this fact](https://atlas-staging.minestarters.com/news/final-results--911aa5f3-3a4e-43b4-9671-a962d7452de2#fact-drill-facts-10) Yarrol North · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Yarrol North - Commodity: gold - Region: australia\_qld - Reported Region: australia\_qld - Ticker: MILA #### Geometry - Grade: 15.05 - Grade Unit: g/t - Intercept: 1 m #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-06-01T00:00:00.000Z #### Dates - Event date: 2026-10-21T00:00:00.000Z Reasoning: This historical sub-interval from early 2026 shows exceptional gold grades, indicating high-grade mineralization, but is being re-released. - Negative factor: Apparent width only - Negative factor: Cut-off undisclosed - Negative factor: Stale data re-release Evidence · text > 1m @ 15.05 g/t #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fact 9 [Link to this fact](https://atlas-staging.minestarters.com/news/final-results--911aa5f3-3a4e-43b4-9671-a962d7452de2#fact-drill-facts-11) Yarrol North · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Yarrol North - Commodity: gold - Region: australia\_qld - Reported Region: australia\_qld - Ticker: MILA #### Geometry - Grade: 1.06 - Grade Unit: g/t - Intercept: 43 m - From: 45 m - To: 88 m - Intercept Depth: 45 m #### Classification - Program: exploration - Sample Type: drill - Group ID: Yarrol\_North:45-88 #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-21T00:00:00.000Z Reasoning: This new intercept shows moderate gold grades over a strong width, contributing to the expansion of known mineralization at Yarrol. - Positive factor: Step-out extension - Negative factor: Apparent width only - Negative factor: Cut-off undisclosed Evidence · text > 43m @ 1.06 g/t from 45m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ## Resource Estimates (3) ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/final-results--911aa5f3-3a4e-43b4-9671-a962d7452de2#fact-resource-facts-0) Coffey · gold #### Identity - Project: Coffey - Commodity: gold - Region: australia\_wa - Reported Region: Western Australia - Ticker: MILA #### Resource scope - Estimate type: resource - Resource group id: resource:a222f6af24db23e7f30a #### Resource Data - Category: inferred - Tonnes: 599000 - Grade: 2.1 - Grade Unit: g/t - Contained Metal: 41300 - Contained Unit: oz - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2026-08-26 - Prior Contained Metal: 20650 #### Location - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-21T00:00:00.000Z Reasoning: The upgraded MRE at Coffey significantly increases contained gold ounces, doubling the previous estimate, and provides a clear cut-off grade, which is a positive development for the project, despite the resource being entirely Inferred. - Positive factor: Contained metal growth - Positive factor: Cut-off grade disclosed - Negative factor: Inferred resource Evidence · text > 41,300oz contained gold Inferred Mineral Resource from 599,000 tonnes at 2.1g/t Au based on a 0.5g/t Au cut-off #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **Contained Metal Growth** Polarity: positive Definition: True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes. Why it applies: 41300 against 20650 previously ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/final-results--911aa5f3-3a4e-43b4-9671-a962d7452de2#fact-resource-facts-1) Coffey · silver Historical result Needs review: historical\_restatement #### Identity - Project: Coffey - Commodity: silver - Region: australia\_wa - Reported Region: Western Australia - Ticker: MILA #### Resource scope - Estimate type: resource - Resource group id: resource:a222f6af24db23e7f30a #### Resource Data - Category: inferred - Tonnes: 599000 - Grade: 4.6 - Grade Unit: g/t - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2026-08-26 #### Location - Loc. Confidence: medium #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes #### Dates - Event date: 2026-10-21T00:00:00.000Z Reasoning: Silver is reported as an additional element in the Inferred Mineral Resource, providing more comprehensive data for the project. - Negative factor: Inferred resource Evidence · text > 4.6g/t Ag #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/final-results--911aa5f3-3a4e-43b4-9671-a962d7452de2#fact-resource-facts-2) Coffey · zinc Historical result Needs review: historical\_restatement #### Identity - Project: Coffey - Commodity: zinc - Region: australia\_wa - Reported Region: Western Australia - Ticker: MILA #### Resource scope - Estimate type: resource - Resource group id: resource:a222f6af24db23e7f30a #### Resource Data - Category: inferred - Tonnes: 599000 - Grade: 0.71 - Grade Unit: % - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2026-08-26 #### Location - Loc. Confidence: medium #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes #### Dates - Event date: 2026-10-21T00:00:00.000Z Reasoning: Zinc is reported as an additional element in the Inferred Mineral Resource, providing more comprehensive data for the project. - Negative factor: Inferred resource Evidence · text > 0.71% Zn #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ## 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.