GRE: 30 June 2026 Annual Report

Original announcement by asx on

Company
GreenTech Metals Limited
Ticker
GRE
Exchange
ASX
Region
Western Australia
Primary commodity
Platinum
Secondary commodities
Copper, Nickel, Gold, Zinc
Document categories
Resource update, Drill results, Other
Extracted
2026-09-22 23:27:03 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

GreenTech Metals Limited reported a transformational year, marked by the acquisition of a 70% interest in the Munni Munni PGE-Copper-Nickel Project, expanding its West Pilbara tenure. Initial Phase 1 drilling at Munni Munni returned high-grade PGE3, copper, and nickel intercepts, supporting an ongoing resource re-estimation. The company also strengthened its financial position through two successful capital raises totaling $12.7 million.

Reasoning: GreenTech Metals Limited reported a transformational year with the acquisition of the Munni Munni project and positive initial drill results, alongside successful capital raises. However, the resource estimates for both key projects are historical and require updating to current standards, and the company faces ongoing financial risks typical of an explorer.

Positive factors

  • Successful acquisition of Munni Munni project, expanding tenure and potential for PGE-Cu-Ni mineralization.
  • Positive Phase 1 drill results at Munni Munni, including high-grade PGE3, copper, and nickel intercepts.
  • Identification of new, thicker zones of mineralization and overlooked copper/nickel potential at Munni Munni.
  • Successful capital raises strengthening the company's financial position.
  • Strengthening of leadership and technical team to advance projects.
  • Ongoing resource re-estimation and metallurgical testwork at Munni Munni.

Negative factors

  • Munni Munni MRE is historical (JORC 2004) and not JORC 2012 compliant, requiring further work for current standards.
  • Whundo MRE is historical (JORC 2004) and not JORC 2012 compliant, requiring further work for current standards.
  • Company is still in the exploration phase and incurring operating losses, typical for its stage.
  • Material uncertainty related to going concern due to the need for additional funding, as noted by the auditor.
  • Some drill results are from historical core resampling, which, while validated, is not entirely new drilling.

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

Facts used in scoring: 24

Classification and evidence

Historical Estimate Onlynegative

Estimate pre-dates or does not comply with current JORC/NI 43-101 standards — requires verification drilling.

Why it applies: The Munni Munni MRE is explicitly stated as a historical JORC (2004) estimate and not reported in accordance with JORC Code (2012).

Evidence · text

“historical JORC (2004) Mineral Resource Estimate (MRE) of 23.6Mt @ 2.9g/t 4E (PGE+Au)1 for 2.2Moz (HLX, 2002). This resource was historically defined in the period 1985–2002 with 91,077m of drilling comprising 328 drill holes.”

Cut-off Disclosedpositive

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

Why it applies: The Munni Munni historical MRE and drill results refer to an assumed 1.9g/t PGE cut-off grade.

Evidence · text

“assumed a 1.9g/t PGE cut-off grade”

JORC Compliantpositive

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

Why it applies: The Whundo MRE is presented in a table titled 'JORC 2012 Mineral Resource Estimate' and the company confirms reporting in accordance with JORC Code (2012).

Evidence · text

“Table 2: Combined Whundo and Ayshia JORC 2012 Mineral Resource Estimate.”

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: Thomas Reddicliffe is named as a Competent Person (CP) and has reviewed and consented to the inclusion of information in the report.

Evidence · text

“Thomas Reddicliffe, BSc (Hons), MSc, a Director and Shareholder of Greentech Metals Ltd, is a Fellow of the AUSIMM, and has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration to qualify as a Competent Person as defined in the 2012 edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Thomas Reddicliffe has reviewed the information and consents to the inclusion in the report of the information in the form and context in which it appears.”

QA/QC Disclosedpositive

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

Why it applies: The document mentions that program samples were dispatched to ALS Global laboratories and that historical core resampling accelerated QA/QC validation.

Evidence · text

“All program samples were dispatched to ALS Global laboratories in Perth. The preservation of the stored Munni Munni historical core enabled selected mineralised sections to be resampled as a replacement for the drilling of new holes and to make up the complement of drill holes required to undertake the QA/QC validation of the historical resource.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The Phase 1 drilling at Munni Munni included 'infill RC holes designed to provide information on resource continuity'.

Evidence · text

“including six new infill RC holes designed to provide information on resource continuity in selected areas.”

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: The drill intercepts are reported as downhole lengths without explicit mention of true width or drill orientation.

Evidence · text

“12m @ 3.13 g/t PGE3, 0.30% Cu, 0.17% Ni from 90m”

Extracted facts

Stored fact records: 24. Some facts used in scoring do not have a stored record.

Resource Estimates (24)

measuredplatinumTonnes: 12400000Grade: 1.1Grade Unit: g/tView all details
Link to this fact

Identity

Commodity
platinum
Ticker
GRE

Resource scope

Estimate type
resource
Reporting standards
jorc
Resource group id
resource:9d33550c4a6709686499
Resource basis
gross

Resource Data

Category
measured
Tonnes
12400000
Grade
1.1
Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“1.1”

Context: 12.4

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

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

measuredpalladiumTonnes: 12400000Grade: 1.4Grade Unit: g/tView all details
Link to this fact

Identity

Commodity
palladium
Ticker
GRE

Resource scope

Estimate type
resource
Reporting standards
jorc
Resource group id
resource:9d33550c4a6709686499
Resource basis
gross

Resource Data

Category
measured
Tonnes
12400000
Grade
1.4
Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“1.4”

Context: 12.4

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

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

measuredgoldTonnes: 12400000Grade: 0.2Grade Unit: g/tView all details
Link to this fact

Identity

Commodity
gold
Ticker
GRE

Resource scope

Estimate type
resource
Reporting standards
jorc
Resource group id
resource:9d33550c4a6709686499
Resource basis
gross

Resource Data

Category
measured
Tonnes
12400000
Grade
0.2
Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“0.2”

Context: 12.4

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

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

measuredcopperTonnes: 12400000Grade: 0.09Grade Unit: %View all details
Link to this fact

Identity

Commodity
copper
Ticker
GRE

Resource scope

Estimate type
resource
Reporting standards
jorc
Resource group id
resource:9d33550c4a6709686499
Resource basis
gross

Resource Data

Category
measured
Tonnes
12400000
Grade
0.09
Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“0.09”

Context: 12.4

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

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

measurednickelTonnes: 12400000Grade: 0.07Grade Unit: %View all details
Link to this fact

Identity

Commodity
nickel
Ticker
GRE

Resource scope

Estimate type
resource
Reporting standards
jorc
Resource group id
resource:9d33550c4a6709686499
Resource basis
gross

Resource Data

Category
measured
Tonnes
12400000
Grade
0.07
Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“0.07”

Context: 12.4

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

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedplatinumTonnes: 9800000Grade: 1.1Grade Unit: g/tView all details
Link to this fact

Identity

Commodity
platinum
Ticker
GRE

Resource scope

Estimate type
resource
Reporting standards
jorc
Resource group id
resource:a2808cd7944e21c2b616
Resource basis
gross

Resource Data

Category
indicated
Tonnes
9800000
Grade
1.1
Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“1.1”

Context: 9.8

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedpalladiumTonnes: 9800000Grade: 1.6Grade Unit: g/tView all details
Link to this fact

Identity

Commodity
palladium
Ticker
GRE

Resource scope

Estimate type
resource
Reporting standards
jorc
Resource group id
resource:a2808cd7944e21c2b616
Resource basis
gross

Resource Data

Category
indicated
Tonnes
9800000
Grade
1.6
Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“1.6”

Context: 9.8

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedgoldTonnes: 9800000Grade: 0.3Grade Unit: g/tView all details
Link to this fact

Identity

Commodity
gold
Ticker
GRE

Resource scope

Estimate type
resource
Reporting standards
jorc
Resource group id
resource:a2808cd7944e21c2b616
Resource basis
gross

Resource Data

Category
indicated
Tonnes
9800000
Grade
0.3
Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“0.3”

Context: 9.8

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedcopperTonnes: 9800000Grade: 0.22Grade Unit: %View all details
Link to this fact

Identity

Commodity
copper
Ticker
GRE

Resource scope

Estimate type
resource
Reporting standards
jorc
Resource group id
resource:a2808cd7944e21c2b616
Resource basis
gross

Resource Data

Category
indicated
Tonnes
9800000
Grade
0.22
Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“0.22”

Context: 9.8

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatednickelTonnes: 9800000Grade: 0.11Grade Unit: %View all details
Link to this fact

Identity

Commodity
nickel
Ticker
GRE

Resource scope

Estimate type
resource
Reporting standards
jorc
Resource group id
resource:a2808cd7944e21c2b616
Resource basis
gross

Resource Data

Category
indicated
Tonnes
9800000
Grade
0.11
Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“0.11”

Context: 9.8

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredplatinumTonnes: 1400000Grade: 1.1Grade Unit: g/tView all details
Link to this fact

Identity

Commodity
platinum
Ticker
GRE

Resource scope

Estimate type
resource
Reporting standards
jorc
Resource group id
resource:d51e31851bffc7aa1071
Resource basis
gross

Resource Data

Category
inferred
Tonnes
1400000
Grade
1.1
Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“1.1”

Context: 1.4

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

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredpalladiumTonnes: 1400000Grade: 1.6Grade Unit: g/tView all details
Link to this fact

Identity

Commodity
palladium
Ticker
GRE

Resource scope

Estimate type
resource
Reporting standards
jorc
Resource group id
resource:d51e31851bffc7aa1071
Resource basis
gross

Resource Data

Category
inferred
Tonnes
1400000
Grade
1.6
Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“1.6”

Context: 1.4

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

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredgoldTonnes: 1400000Grade: 0.3Grade Unit: g/tView all details
Link to this fact

Identity

Commodity
gold
Ticker
GRE

Resource scope

Estimate type
resource
Reporting standards
jorc
Resource group id
resource:d51e31851bffc7aa1071
Resource basis
gross

Resource Data

Category
inferred
Tonnes
1400000
Grade
0.3
Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“0.3”

Context: 1.4

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

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredcopperTonnes: 1400000Grade: 0.15Grade Unit: %View all details
Link to this fact

Identity

Commodity
copper
Ticker
GRE

Resource scope

Estimate type
resource
Reporting standards
jorc
Resource group id
resource:d51e31851bffc7aa1071
Resource basis
gross

Resource Data

Category
inferred
Tonnes
1400000
Grade
0.15
Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“0.15”

Context: 1.4

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

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferrednickelTonnes: 1400000Grade: 0.09Grade Unit: %View all details
Link to this fact

Identity

Commodity
nickel
Ticker
GRE

Resource scope

Estimate type
resource
Reporting standards
jorc
Resource group id
resource:d51e31851bffc7aa1071
Resource basis
gross

Resource Data

Category
inferred
Tonnes
1400000
Grade
0.09
Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“0.09”

Context: 1.4

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

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredplatinumTonnes: 23600000Grade: 1.1Grade Unit: g/tView all details
Link to this fact

Identity

Commodity
platinum
Ticker
GRE

Resource scope

Estimate type
resource
Reporting standards
jorc
Resource group id
resource:0fdf2e5be51046bd3bb5
Resource basis
gross

Resource Data

Category
inferred
Tonnes
23600000
Grade
1.1
Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“1.1”

Context: 23.6

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredpalladiumTonnes: 23600000Grade: 1.5Grade Unit: g/tView all details
Link to this fact

Identity

Commodity
palladium
Ticker
GRE

Resource scope

Estimate type
resource
Reporting standards
jorc
Resource group id
resource:0fdf2e5be51046bd3bb5
Resource basis
gross

Resource Data

Category
inferred
Tonnes
23600000
Grade
1.5
Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“1.5”

Context: 23.6

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredgoldTonnes: 23600000Grade: 0.2Grade Unit: g/tView all details
Link to this fact

Identity

Commodity
gold
Ticker
GRE

Resource scope

Estimate type
resource
Reporting standards
jorc
Resource group id
resource:0fdf2e5be51046bd3bb5
Resource basis
gross

Resource Data

Category
inferred
Tonnes
23600000
Grade
0.2
Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“0.2”

Context: 23.6

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredcopperTonnes: 23600000Grade: 0.15Grade Unit: %View all details
Link to this fact

Identity

Commodity
copper
Ticker
GRE

Resource scope

Estimate type
resource
Reporting standards
jorc
Resource group id
resource:0fdf2e5be51046bd3bb5
Resource basis
gross

Resource Data

Category
inferred
Tonnes
23600000
Grade
0.15
Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“0.15”

Context: 23.6

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferrednickelTonnes: 23600000Grade: 0.09Grade Unit: %View all details
Link to this fact

Identity

Commodity
nickel
Ticker
GRE

Resource scope

Estimate type
resource
Reporting standards
jorc
Resource group id
resource:0fdf2e5be51046bd3bb5
Resource basis
gross

Resource Data

Category
inferred
Tonnes
23600000
Grade
0.09
Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“0.09”

Context: 23.6

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedcopperTonnes: 4400000Grade: 1.03Grade Unit: %View all details
Link to this fact

Identity

Commodity
copper
Ticker
GRE

Resource scope

Estimate type
resource
Reporting standards
jorc
Resource group id
resource:912a9d445a2ac57df1a6
Resource basis
gross

Resource Data

Category
indicated
Tonnes
4400000
Grade
1.03
Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“1.03”

Context: 4.4

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

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedzincTonnes: 4400000Grade: 0.9Grade Unit: %View all details
Link to this fact

Identity

Commodity
zinc
Ticker
GRE

Resource scope

Estimate type
resource
Reporting standards
jorc
Resource group id
resource:912a9d445a2ac57df1a6
Resource basis
gross

Resource Data

Category
indicated
Tonnes
4400000
Grade
0.9
Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“0.9”

Context: 4.4

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

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredcopperTonnes: 900000Grade: 1.3Grade Unit: %View all details
Link to this fact

Identity

Commodity
copper
Ticker
GRE

Resource scope

Estimate type
resource
Reporting standards
jorc
Resource group id
resource:e7dffeb3b86e4bb338fc
Resource basis
gross

Resource Data

Category
inferred
Tonnes
900000
Grade
1.3
Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“1.3”

Context: 0.9

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

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredzincTonnes: 900000Grade: 2.3Grade Unit: %View all details
Link to this fact

Identity

Commodity
zinc
Ticker
GRE

Resource scope

Estimate type
resource
Reporting standards
jorc
Resource group id
resource:e7dffeb3b86e4bb338fc
Resource basis
gross

Resource Data

Category
inferred
Tonnes
900000
Grade
2.3
Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“2.3”

Context: 0.9

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

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

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.