HAS: Annual Report to shareholders
Original announcement by asx on
- Company
- Hastings Technology Metals Ltd
- Ticker
- HAS
- Exchange
- ASX
- Region
- Western Australia
- Primary commodity
- Rare earths
- Secondary commodities
- Niobium, Tantalum, Yttrium, Zirconium
- Document categories
- Resource update, Agreement transaction, Metallurgy, Other
- Extracted
- 2026-09-30 10:17:07 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Hastings Technology Metals Ltd's annual report details a year of strategic repositioning, including the completion of an unincorporated joint venture for the Yangibana Rare Earths and Niobium Project, where Hastings retained a 40% interest. The company also entered into a binding agreement to acquire a 49% interest in a hydrometallurgical processing plant in Thailand to accelerate rare earth chloride production. While an updated Definitive Feasibility Study for Yangibana Stage 1 shows positive economics, Wyloo's decision to divest its 60% interest introduces uncertainty. The company reported a net loss of $5.1 million and issued a going concern warning due to the need for additional funding.
Reasoning: The company has undergone significant strategic changes, including de-risking the Yangibana project through a JV and acquiring a mid-stream processing plant in Thailand, which are positive. However, the ongoing uncertainty regarding Wyloo's divestment and the company's need for further funding temper the overall positive outlook, as reflected in the net loss and going concern warning.
Positive factors
- Strategic shift to mid-stream processing with Thailand plant acquisition
- Yangibana JV completion reduces direct funding exposure
- Updated DFS for Yangibana Stage 1 shows positive economics
- Resource and reserve updates provide geological confidence
Negative factors
- Wyloo's intent to divest its 60% Yangibana interest creates uncertainty
- Company requires additional funding, leading to a going concern warning
- Net loss for the year
Low confidence — this extraction should be reviewed alongside the original source.
Facts used in scoring: 61
Classification and evidence
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: All resource and reserve estimates are reported in accordance with the JORC Code (2012).
Evidence · text
“This MROR statement has been compiled and reported in accordance with the guidelines of the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’ (“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: Dr Louis Schürmann, a Fellow of the AusIMM, is named as the Competent Person responsible for the exploration results and resource/reserve information.
Evidence · text
“The information in this Annual Report that relates to exploration results for the Yangibana Rare Earths and Niobium Project (“Yangibana”), and other exploration activities is based on information compiled by Dr Louis Schürmann, a full-time employee of Hastings Technology Metals Ltd and a Fellow of the Australasian Institute of Mining and Metallurgy (AusIMM Member No. 308067).”
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: The Yangibana Project includes Measured Resources for rare earths and niobium, indicating high confidence.
Evidence · table
“Measured”
Context: Category
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: The Yangibana Project includes Indicated Resources for rare earths and niobium, indicating good confidence.
Evidence · table
“Indicated”
Context: Category
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: Both Yangibana and Brockman projects include Inferred Resources, which are speculative.
Evidence · table
“Inferred”
Context: Category
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: The Yangibana Project includes Proved Reserves, representing the highest confidence in economic viability.
Evidence · table
“Proved”
Context: Category
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: The Yangibana Project includes Probable Reserves, representing good confidence in economic viability.
Evidence · table
“Probable”
Context: Category
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: Cut-off grades for the Yangibana and Brockman Mineral Resources are clearly stated.
Evidence · text
“Mineral Resources are reported at a 0.24% TREO cut-off grade.”
All Inferrednegative
100% of resource is Inferred category — very early stage, no engineering confidence.
Why it applies: The Brockman Project Mineral Resource is entirely in the Inferred category.
Evidence · table
“Inferred”
Context: Category
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: The Yangibana Project Mineral Resource and Ore Reserve estimates have been updated.
Evidence · text
“Updated Definitive Feasibility Study”
Strategic Expansionpositive · Story-specific tag
No canonical definition is currently available.
Why it applies: The acquisition of a 49% interest in a hydrometallurgical processing plant in Thailand represents a strategic expansion into mid-stream processing.
Evidence · text
“the Company entered into a binding term sheet with Enuo Holdings Pte Ltd to acquire a 49% interest in a hydrometallurgical processing plant at Kabin Buri, Thailand. The proposed investment enables Hastings to fast track and develop an earlier and more capital-efficient pathway into mixed rare earth chloride production using third-party feedstock”
Uncertaintynegative · Story-specific tag
No canonical definition is currently available.
Why it applies: Wyloo's process to sell its 60% participating interest in the Yangibana Project introduces uncertainty regarding the timing of project development.
Evidence · text
“The process has introduced some uncertainty around the timing of the next phase of Project development.”
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: the document describes a flotation route ("flotation")
Extracted facts
Stored fact records: 60. Some facts used in scoring do not have a stored record.
Resource Estimates (60)
provenYangibana Project · rare_earthsTonnes: 4890000Grade: 0.95Grade Unit: % TREOContained Metal: 46700Contained Unit: tView all detailsHide details
Identity
- Project
- Yangibana Project
- Commodity
- rare_earths
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- HAS
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Louis Schürmann
- Resource group id
- resource:fef0c5eed9f06f47c3b5
Resource Data
- Category
- proven
- Tonnes
- 4890000
- Grade
- 0.95
- Grade Unit
- % TREO
- Contained Metal
- 46700
- Contained Unit
- t
Prior Estimate
- Resource Date
- 2023-02
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This is a high-confidence Proved Reserve for rare earths, indicating a well-defined and economically viable portion of the deposit, reported under JORC standards. Its novelty is low as it was reported in February 2023.
Positive factors
- Proved Reserve category indicates high confidence in economic extraction
- JORC Compliant reporting standard provides credibility
Evidence · table
“0.95”
Context: 4.89
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 3.7 years before this release
provenYangibana Project · rare_earthsTonnes: 4890000Grade: 0.37Grade Unit: % Nd2O3+Pr6O11View all detailsHide details
Identity
- Project
- Yangibana Project
- Commodity
- rare_earths
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- HAS
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Louis Schürmann
- Resource group id
- resource:fef0c5eed9f06f47c3b5
Resource Data
- Category
- proven
- Tonnes
- 4890000
- Grade
- 0.37
- Grade Unit
- % Nd2O3+Pr6O11
Prior Estimate
- Resource Date
- 2023-02
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This is a high-confidence Proved Reserve for NdPr, indicating a well-defined and economically viable portion of the deposit, reported under JORC standards. Its novelty is low as it was reported in February 2023.
Positive factors
- Proved Reserve category indicates high confidence in economic extraction
- JORC Compliant reporting standard provides credibility
Evidence · table
“0.37”
Context: 4.89
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 3.7 years before this release
probableYangibana Project · rare_earthsTonnes: 16030000Grade: 0.88Grade Unit: % TREOContained Metal: 141435Contained Unit: tView all detailsHide details
Identity
- Project
- Yangibana Project
- Commodity
- rare_earths
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- HAS
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Louis Schürmann
- Resource group id
- resource:717b3e6987cae352d697
Resource Data
- Category
- probable
- Tonnes
- 16030000
- Grade
- 0.88
- Grade Unit
- % TREO
- Contained Metal
- 141435
- Contained Unit
- t
Prior Estimate
- Resource Date
- 2023-02
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This is a high-confidence Probable Reserve for rare earths, indicating a well-defined and economically viable portion of the deposit, reported under JORC standards. Its novelty is low as it was reported in February 2023.
Positive factors
- Probable Reserve category indicates good confidence in economic extraction
- JORC Compliant reporting standard provides credibility
Evidence · table
“0.88”
Context: 16.03
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 3.7 years before this release
probableYangibana Project · rare_earthsTonnes: 16030000Grade: 0.32Grade Unit: % Nd2O3+Pr6O11View all detailsHide details
Identity
- Project
- Yangibana Project
- Commodity
- rare_earths
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- HAS
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Louis Schürmann
- Resource group id
- resource:717b3e6987cae352d697
Resource Data
- Category
- probable
- Tonnes
- 16030000
- Grade
- 0.32
- Grade Unit
- % Nd2O3+Pr6O11
Prior Estimate
- Resource Date
- 2023-02
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This is a high-confidence Probable Reserve for NdPr, indicating a well-defined and economically viable portion of the deposit, reported under JORC standards. Its novelty is low as it was reported in February 2023.
Positive factors
- Probable Reserve category indicates good confidence in economic extraction
- JORC Compliant reporting standard provides credibility
Evidence · table
“0.32”
Context: 16.03
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 3.7 years before this release
measuredYangibana Project · rare_earthsTonnes: 4970000Grade: 0.96Grade Unit: % TREOContained Metal: 47721Contained Unit: tView all detailsHide details
Identity
- Project
- Yangibana Project
- Commodity
- rare_earths
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- HAS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Louis Schürmann
- Resource group id
- resource:b97c34400a891105ce08
Resource Data
- Category
- measured
- Tonnes
- 4970000
- Grade
- 0.96
- Grade Unit
- % TREO
- Contained Metal
- 47721
- Contained Unit
- t
- Cutoff Grade
- 0.24
- Cutoff Unit
- % TREO
Prior Estimate
- Resource Date
- 2023-10
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This Measured Resource for rare earths at Yangibana indicates a high level of geological confidence and is reported under JORC standards with a disclosed cut-off grade. Its novelty is low as it was reported in October 2023.
Positive factors
- Measured Resource category indicates high geological confidence
- JORC Compliant reporting standard provides credibility
- Cut-off grade is clearly disclosed
Evidence · table
“0.96”
Context: 4.97
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 3.0 years before this release
measuredYangibana Project · rare_earthsTonnes: 4970000Grade: 0.37Grade Unit: % Nd2O3+Pr6O11View all detailsHide details
Identity
- Project
- Yangibana Project
- Commodity
- rare_earths
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- HAS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Louis Schürmann
- Resource group id
- resource:b97c34400a891105ce08
Resource Data
- Category
- measured
- Tonnes
- 4970000
- Grade
- 0.37
- Grade Unit
- % Nd2O3+Pr6O11
- Cutoff Grade
- 0.24
- Cutoff Unit
- % TREO
Prior Estimate
- Resource Date
- 2023-10
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This Measured Resource for NdPr at Yangibana indicates a high level of geological confidence and is reported under JORC standards with a disclosed cut-off grade. Its novelty is low as it was reported in October 2023.
Positive factors
- Measured Resource category indicates high geological confidence
- JORC Compliant reporting standard provides credibility
- Cut-off grade is clearly disclosed
Evidence · table
“0.37”
Context: 4.97
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 3.0 years before this release
indicatedYangibana Project · rare_earthsTonnes: 19510000Grade: 0.88Grade Unit: % TREOContained Metal: 171936Contained Unit: tView all detailsHide details
Identity
- Project
- Yangibana Project
- Commodity
- rare_earths
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- HAS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Louis Schürmann
- Resource group id
- resource:8bcb5ba0c3973d2d4514
Resource Data
- Category
- indicated
- Tonnes
- 19510000
- Grade
- 0.88
- Grade Unit
- % TREO
- Contained Metal
- 171936
- Contained Unit
- t
- Cutoff Grade
- 0.24
- Cutoff Unit
- % TREO
Prior Estimate
- Resource Date
- 2023-10
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This Indicated Resource for rare earths at Yangibana indicates a good level of geological confidence and is reported under JORC standards with a disclosed cut-off grade. Its novelty is low as it was reported in October 2023.
Positive factors
- Indicated Resource category indicates good geological confidence
- JORC Compliant reporting standard provides credibility
- Cut-off grade is clearly disclosed
Evidence · table
“0.88”
Context: 19.51
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 3.0 years before this release
indicatedYangibana Project · rare_earthsTonnes: 19510000Grade: 0.32Grade Unit: % Nd2O3+Pr6O11View all detailsHide details
Identity
- Project
- Yangibana Project
- Commodity
- rare_earths
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- HAS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Louis Schürmann
- Resource group id
- resource:8bcb5ba0c3973d2d4514
Resource Data
- Category
- indicated
- Tonnes
- 19510000
- Grade
- 0.32
- Grade Unit
- % Nd2O3+Pr6O11
- Cutoff Grade
- 0.24
- Cutoff Unit
- % TREO
Prior Estimate
- Resource Date
- 2023-10
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This Indicated Resource for NdPr at Yangibana indicates a good level of geological confidence and is reported under JORC standards with a disclosed cut-off grade. Its novelty is low as it was reported in October 2023.
Positive factors
- Indicated Resource category indicates good geological confidence
- JORC Compliant reporting standard provides credibility
- Cut-off grade is clearly disclosed
Evidence · table
“0.32”
Context: 19.51
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 3.0 years before this release
inferredYangibana Project · rare_earthsTonnes: 5450000Grade: 1.05Grade Unit: % TREOContained Metal: 57298Contained Unit: tView all detailsHide details
Identity
- Project
- Yangibana Project
- Commodity
- rare_earths
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- HAS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Louis Schürmann
- Resource group id
- resource:c74f6181fb384ce3bd26
Resource Data
- Category
- inferred
- Tonnes
- 5450000
- Grade
- 1.05
- Grade Unit
- % TREO
- Contained Metal
- 57298
- Contained Unit
- t
- Cutoff Grade
- 0.24
- Cutoff Unit
- % TREO
Prior Estimate
- Resource Date
- 2023-10
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This Inferred Resource for rare earths at Yangibana indicates a lower level of geological confidence but is reported under JORC standards with a disclosed cut-off grade. Its novelty is low as it was reported in October 2023.
Positive factors
- JORC Compliant reporting standard provides credibility
- Cut-off grade is clearly disclosed
Negative factors
- Inferred Resource category indicates lower geological confidence
Evidence · table
“1.05”
Context: 5.45
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 3.0 years before this release
inferredYangibana Project · rare_earthsTonnes: 5450000Grade: 0.31Grade Unit: % Nd2O3+Pr6O11View all detailsHide details
Identity
- Project
- Yangibana Project
- Commodity
- rare_earths
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- HAS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Louis Schürmann
- Resource group id
- resource:c74f6181fb384ce3bd26
Resource Data
- Category
- inferred
- Tonnes
- 5450000
- Grade
- 0.31
- Grade Unit
- % Nd2O3+Pr6O11
- Cutoff Grade
- 0.24
- Cutoff Unit
- % TREO
Prior Estimate
- Resource Date
- 2023-10
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This Inferred Resource for NdPr at Yangibana indicates a lower level of geological confidence but is reported under JORC standards with a disclosed cut-off grade. Its novelty is low as it was reported in October 2023.
Positive factors
- JORC Compliant reporting standard provides credibility
- Cut-off grade is clearly disclosed
Negative factors
- Inferred Resource category indicates lower geological confidence
Evidence · table
“0.31”
Context: 5.45
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 3.0 years before this release
measuredYangibana Project · niobiumTonnes: 2370000Grade: 1035Grade Unit: ppm Nb2O5Contained Metal: 2251Contained Unit: tView all detailsHide details
Identity
- Project
- Yangibana Project
- Commodity
- niobium
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- HAS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Louis Schürmann
- Resource group id
- resource:98e0ef29536a65fa91c7
Resource Data
- Category
- measured
- Tonnes
- 2370000
- Grade
- 1035
- Grade Unit
- ppm Nb2O5
- Contained Metal
- 2251
- Contained Unit
- t
Prior Estimate
- Resource Date
- 2024-09
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This Measured Resource for niobium at Yangibana indicates a high level of geological confidence and is reported under JORC standards. Its novelty is low as it was reported in September 2024.
Positive factors
- Measured Resource category indicates high geological confidence
- JORC Compliant reporting standard provides credibility
Evidence · table
“1,035”
Context: 2.37
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.1 years before this release
indicatedYangibana Project · niobiumTonnes: 4360000Grade: 2995Grade Unit: ppm Nb2O5Contained Metal: 13050Contained Unit: tView all detailsHide details
Identity
- Project
- Yangibana Project
- Commodity
- niobium
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- HAS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Louis Schürmann
- Resource group id
- resource:8aa3af46fa02f28497b5
Resource Data
- Category
- indicated
- Tonnes
- 4360000
- Grade
- 2995
- Grade Unit
- ppm Nb2O5
- Contained Metal
- 13050
- Contained Unit
- t
Prior Estimate
- Resource Date
- 2024-09
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This Indicated Resource for niobium at Yangibana indicates a good level of geological confidence and is reported under JORC standards. Its novelty is low as it was reported in September 2024.
Positive factors
- Indicated Resource category indicates good geological confidence
- JORC Compliant reporting standard provides credibility
Evidence · table
“2,995”
Context: 4.36
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.1 years before this release
inferredYangibana Project · niobiumTonnes: 10000Grade: 1435Grade Unit: ppm Nb2O5Contained Metal: 20Contained Unit: tView all detailsHide details
Identity
- Project
- Yangibana Project
- Commodity
- niobium
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- HAS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Louis Schürmann
- Resource group id
- resource:f9f79e5509ebff08eb9b
Resource Data
- Category
- inferred
- Tonnes
- 10000
- Grade
- 1435
- Grade Unit
- ppm Nb2O5
- Contained Metal
- 20
- Contained Unit
- t
Prior Estimate
- Resource Date
- 2024-09
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This Inferred Resource for niobium at Yangibana indicates a lower level of geological confidence and a very small tonnage, reported under JORC standards. Its novelty is low as it was reported in September 2024.
Positive factors
- JORC Compliant reporting standard provides credibility
Negative factors
- Inferred Resource category indicates lower geological confidence
- Very small tonnage for this category
Evidence · table
“1,435”
Context: 0.01
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.1 years before this release
inferredBrockman Project · rare_earthsTonnes: 41600000Grade: 0.2Grade Unit: % TREOView all detailsHide details
Identity
- Project
- Brockman Project
- Commodity
- rare_earths
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- HAS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Louis Schürmann
- Resource group id
- resource:58329f548e86e5659304
Resource Data
- Category
- inferred
- Tonnes
- 41600000
- Grade
- 0.2
- Grade Unit
- % TREO
- Cutoff Grade
- 700
- Cutoff Unit
- ppm Nb2O5
Prior Estimate
- Resource Date
- 2021-01
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This Inferred Resource for rare earths at Brockman has a large tonnage but is entirely in the Inferred category, indicating low geological confidence. It is reported under JORC standards with a disclosed cut-off grade. Its novelty is low as it was updated in January 2021.
Positive factors
- Large tonnage for an Inferred Resource
- JORC Compliant reporting standard provides credibility
- Cut-off grade is clearly disclosed
Negative factors
- All Inferred category indicates low geological confidence
Evidence · table
“0.20”
Context: 41.6
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 5.7 years before this release
inferredBrockman Project · rare_earthsTonnes: 41600000Grade: 0.17Grade Unit: % HREOView all detailsHide details
Identity
- Project
- Brockman Project
- Commodity
- rare_earths
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- HAS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Louis Schürmann
- Resource group id
- resource:58329f548e86e5659304
Resource Data
- Category
- inferred
- Tonnes
- 41600000
- Grade
- 0.17
- Grade Unit
- % HREO
- Cutoff Grade
- 700
- Cutoff Unit
- ppm Nb2O5
Prior Estimate
- Resource Date
- 2021-01
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This Inferred Resource for heavy rare earth oxides at Brockman has a large tonnage but is entirely in the Inferred category, indicating low geological confidence. It is reported under JORC standards with a disclosed cut-off grade. Its novelty is low as it was updated in January 2021.
Positive factors
- Large tonnage for an Inferred Resource
- JORC Compliant reporting standard provides credibility
- Cut-off grade is clearly disclosed
Negative factors
- All Inferred category indicates low geological confidence
Evidence · table
“0.17”
Context: 41.6
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 5.7 years before this release
inferredBrockman Project · niobiumTonnes: 41600000Grade: 0.35Grade Unit: % Nb2O5View all detailsHide details
Identity
- Project
- Brockman Project
- Commodity
- niobium
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- HAS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Louis Schürmann
- Resource group id
- resource:58329f548e86e5659304
Resource Data
- Category
- inferred
- Tonnes
- 41600000
- Grade
- 0.35
- Grade Unit
- % Nb2O5
- Cutoff Grade
- 700
- Cutoff Unit
- ppm Nb2O5
Prior Estimate
- Resource Date
- 2021-01
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This Inferred Resource for niobium at Brockman has a large tonnage but is entirely in the Inferred category, indicating low geological confidence. It is reported under JORC standards with a disclosed cut-off grade. Its novelty is low as it was updated in January 2021.
Positive factors
- Large tonnage for an Inferred Resource
- JORC Compliant reporting standard provides credibility
- Cut-off grade is clearly disclosed
Negative factors
- All Inferred category indicates low geological confidence
Evidence · table
“0.35”
Context: 41.6
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 5.7 years before this release
inferredBrockman Project · tantalumTonnes: 41600000Grade: 0.02Grade Unit: % Ta2O5View all detailsHide details
Identity
- Project
- Brockman Project
- Commodity
- tantalum
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- HAS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Louis Schürmann
- Resource group id
- resource:58329f548e86e5659304
Resource Data
- Category
- inferred
- Tonnes
- 41600000
- Grade
- 0.02
- Grade Unit
- % Ta2O5
- Cutoff Grade
- 700
- Cutoff Unit
- ppm Nb2O5
Prior Estimate
- Resource Date
- 2021-01
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This Inferred Resource for tantalum at Brockman is entirely in the Inferred category, indicating low geological confidence, and has a low grade. It is reported under JORC standards with a disclosed cut-off grade. Its novelty is low as it was updated in January 2021.
Positive factors
- JORC Compliant reporting standard provides credibility
- Cut-off grade is clearly disclosed
Negative factors
- All Inferred category indicates low geological confidence
- Low grade for tantalum
Evidence · table
“0.02”
Context: 41.6
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 5.7 years before this release
inferredBrockman Project · yttriumTonnes: 41600000Grade: 0.11Grade Unit: % Y2O3View all detailsHide details
Identity
- Project
- Brockman Project
- Commodity
- yttrium
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- HAS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Louis Schürmann
- Resource group id
- resource:58329f548e86e5659304
Resource Data
- Category
- inferred
- Tonnes
- 41600000
- Grade
- 0.11
- Grade Unit
- % Y2O3
- Cutoff Grade
- 700
- Cutoff Unit
- ppm Nb2O5
Prior Estimate
- Resource Date
- 2021-01
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This Inferred Resource for yttrium at Brockman is entirely in the Inferred category, indicating low geological confidence, and has a low grade. It is reported under JORC standards with a disclosed cut-off grade. Its novelty is low as it was updated in January 2021.
Positive factors
- JORC Compliant reporting standard provides credibility
- Cut-off grade is clearly disclosed
Negative factors
- All Inferred category indicates low geological confidence
- Low grade for yttrium
Evidence · table
“0.11”
Context: 41.6
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 5.7 years before this release
inferredBrockman Project · zirconiumTonnes: 41600000Grade: 0.86Grade Unit: % ZrO2View all detailsHide details
Identity
- Project
- Brockman Project
- Commodity
- zirconium
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- HAS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Louis Schürmann
- Resource group id
- resource:58329f548e86e5659304
Resource Data
- Category
- inferred
- Tonnes
- 41600000
- Grade
- 0.86
- Grade Unit
- % ZrO2
- Cutoff Grade
- 700
- Cutoff Unit
- ppm Nb2O5
Prior Estimate
- Resource Date
- 2021-01
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This Inferred Resource for zirconium at Brockman is entirely in the Inferred category, indicating low geological confidence. It is reported under JORC standards with a disclosed cut-off grade. Its novelty is low as it was updated in January 2021.
Positive factors
- JORC Compliant reporting standard provides credibility
- Cut-off grade is clearly disclosed
Negative factors
- All Inferred category indicates low geological confidence
Evidence · table
“0.86”
Context: 41.6
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 5.7 years before this release
measuredYangibana Project · rare_earthsTonnes: 3550000Grade: 0.82Grade Unit: % TREOContained Metal: 29136Contained Unit: tView all detailsHide details
Identity
- Project
- Yangibana Project
- Commodity
- rare_earths
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- HAS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Louis Schürmann
- Resource group id
- resource:ae2f68b3a99a0fc14759
- Deposit or zone
- Bald Hill
Resource Data
- Category
- measured
- Tonnes
- 3550000
- Grade
- 0.82
- Grade Unit
- % TREO
- Contained Metal
- 29136
- Contained Unit
- t
- Cutoff Grade
- 0.24
- Cutoff Unit
- % TREO
Prior Estimate
- Resource Date
- 2022-10
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This Measured Resource for rare earths at Bald Hill indicates high geological confidence and is reported under JORC standards with a disclosed cut-off grade. Its novelty is low as it was reported in October 2022.
Positive factors
- Measured Resource category indicates high geological confidence
- JORC Compliant reporting standard provides credibility
- Cut-off grade is clearly disclosed
Evidence · table
“0.82”
Context: 3.55
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.0 years before this release
measuredYangibana Project · rare_earthsTonnes: 3550000Grade: 0.34Grade Unit: % Nd2O3+Pr6O11View all detailsHide details
Identity
- Project
- Yangibana Project
- Commodity
- rare_earths
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- HAS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Louis Schürmann
- Resource group id
- resource:ae2f68b3a99a0fc14759
- Deposit or zone
- Bald Hill
Resource Data
- Category
- measured
- Tonnes
- 3550000
- Grade
- 0.34
- Grade Unit
- % Nd2O3+Pr6O11
- Cutoff Grade
- 0.24
- Cutoff Unit
- % TREO
Prior Estimate
- Resource Date
- 2022-10
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This Measured Resource for NdPr at Bald Hill indicates high geological confidence and is reported under JORC standards with a disclosed cut-off grade. Its novelty is low as it was reported in October 2022.
Positive factors
- Measured Resource category indicates high geological confidence
- JORC Compliant reporting standard provides credibility
- Cut-off grade is clearly disclosed
Evidence · table
“0.34”
Context: 3.55
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.0 years before this release
indicatedYangibana Project · rare_earthsTonnes: 5230000Grade: 0.75Grade Unit: % TREOContained Metal: 39290Contained Unit: tView all detailsHide details
Identity
- Project
- Yangibana Project
- Commodity
- rare_earths
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- HAS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Louis Schürmann
- Resource group id
- resource:1d9416f5c3ed125242c1
- Deposit or zone
- Bald Hill
Resource Data
- Category
- indicated
- Tonnes
- 5230000
- Grade
- 0.75
- Grade Unit
- % TREO
- Contained Metal
- 39290
- Contained Unit
- t
- Cutoff Grade
- 0.24
- Cutoff Unit
- % TREO
Prior Estimate
- Resource Date
- 2022-10
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This Indicated Resource for rare earths at Bald Hill indicates good geological confidence and is reported under JORC standards with a disclosed cut-off grade. Its novelty is low as it was reported in October 2022.
Positive factors
- Indicated Resource category indicates good geological confidence
- JORC Compliant reporting standard provides credibility
- Cut-off grade is clearly disclosed
Evidence · table
“0.75”
Context: 5.23
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.0 years before this release
indicatedYangibana Project · rare_earthsTonnes: 5230000Grade: 0.3Grade Unit: % Nd2O3+Pr6O11View all detailsHide details
Identity
- Project
- Yangibana Project
- Commodity
- rare_earths
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- HAS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Louis Schürmann
- Resource group id
- resource:1d9416f5c3ed125242c1
- Deposit or zone
- Bald Hill
Resource Data
- Category
- indicated
- Tonnes
- 5230000
- Grade
- 0.3
- Grade Unit
- % Nd2O3+Pr6O11
- Cutoff Grade
- 0.24
- Cutoff Unit
- % TREO
Prior Estimate
- Resource Date
- 2022-10
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This Indicated Resource for NdPr at Bald Hill indicates good geological confidence and is reported under JORC standards with a disclosed cut-off grade. Its novelty is low as it was reported in October 2022.
Positive factors
- Indicated Resource category indicates good geological confidence
- JORC Compliant reporting standard provides credibility
- Cut-off grade is clearly disclosed
Evidence · table
“0.30”
Context: 5.23
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.0 years before this release
inferredYangibana Project · rare_earthsTonnes: 1170000Grade: 0.67Grade Unit: % TREOContained Metal: 7787Contained Unit: tView all detailsHide details
Identity
- Project
- Yangibana Project
- Commodity
- rare_earths
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- HAS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Louis Schürmann
- Resource group id
- resource:9a5b144039c12f1b508f
- Deposit or zone
- Bald Hill
Resource Data
- Category
- inferred
- Tonnes
- 1170000
- Grade
- 0.67
- Grade Unit
- % TREO
- Contained Metal
- 7787
- Contained Unit
- t
- Cutoff Grade
- 0.24
- Cutoff Unit
- % TREO
Prior Estimate
- Resource Date
- 2022-10
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This Inferred Resource for rare earths at Bald Hill indicates lower geological confidence but is reported under JORC standards with a disclosed cut-off grade. Its novelty is low as it was reported in October 2022.
Positive factors
- JORC Compliant reporting standard provides credibility
- Cut-off grade is clearly disclosed
Negative factors
- Inferred Resource category indicates lower geological confidence
Evidence · table
“0.67”
Context: 1.17
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.0 years before this release
inferredYangibana Project · rare_earthsTonnes: 1170000Grade: 0.27Grade Unit: % Nd2O3+Pr6O11View all detailsHide details
Identity
- Project
- Yangibana Project
- Commodity
- rare_earths
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- HAS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Louis Schürmann
- Resource group id
- resource:9a5b144039c12f1b508f
- Deposit or zone
- Bald Hill
Resource Data
- Category
- inferred
- Tonnes
- 1170000
- Grade
- 0.27
- Grade Unit
- % Nd2O3+Pr6O11
- Cutoff Grade
- 0.24
- Cutoff Unit
- % TREO
Prior Estimate
- Resource Date
- 2022-10
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This Inferred Resource for NdPr at Bald Hill indicates lower geological confidence but is reported under JORC standards with a disclosed cut-off grade. Its novelty is low as it was reported in October 2022.
Positive factors
- JORC Compliant reporting standard provides credibility
- Cut-off grade is clearly disclosed
Negative factors
- Inferred Resource category indicates lower geological confidence
Evidence · table
“0.27”
Context: 1.17
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.0 years before this release
indicatedYangibana Project · rare_earthsTonnes: 3140000Grade: 0.52Grade Unit: % TREOContained Metal: 16206Contained Unit: tView all detailsHide details
Identity
- Project
- Yangibana Project
- Commodity
- rare_earths
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- HAS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Louis Schürmann
- Resource group id
- resource:03ab63c67c45b4361396
- Deposit or zone
- Simon’s Find
Resource Data
- Category
- indicated
- Tonnes
- 3140000
- Grade
- 0.52
- Grade Unit
- % TREO
- Contained Metal
- 16206
- Contained Unit
- t
- Cutoff Grade
- 0.24
- Cutoff Unit
- % TREO
Prior Estimate
- Resource Date
- 2022-10
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This Indicated Resource for rare earths at Simon’s Find indicates good geological confidence and is reported under JORC standards with a disclosed cut-off grade. Its novelty is low as it was reported in October 2022.
Positive factors
- Indicated Resource category indicates good geological confidence
- JORC Compliant reporting standard provides credibility
- Cut-off grade is clearly disclosed
Evidence · table
“0.52”
Context: 3.14
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.0 years before this release
indicatedYangibana Project · rare_earthsTonnes: 3140000Grade: 0.27Grade Unit: % Nd2O3+Pr6O11View all detailsHide details
Identity
- Project
- Yangibana Project
- Commodity
- rare_earths
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- HAS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Louis Schürmann
- Resource group id
- resource:03ab63c67c45b4361396
- Deposit or zone
- Simon’s Find
Resource Data
- Category
- indicated
- Tonnes
- 3140000
- Grade
- 0.27
- Grade Unit
- % Nd2O3+Pr6O11
- Cutoff Grade
- 0.24
- Cutoff Unit
- % TREO
Prior Estimate
- Resource Date
- 2022-10
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This Indicated Resource for NdPr at Simon’s Find indicates good geological confidence and is reported under JORC standards with a disclosed cut-off grade. Its novelty is low as it was reported in October 2022.
Positive factors
- Indicated Resource category indicates good geological confidence
- JORC Compliant reporting standard provides credibility
- Cut-off grade is clearly disclosed
Evidence · table
“0.27”
Context: 3.14
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.0 years before this release
inferredYangibana Project · rare_earthsTonnes: 50000Grade: 0.6Grade Unit: % TREOContained Metal: 295Contained Unit: tView all detailsHide details
Identity
- Project
- Yangibana Project
- Commodity
- rare_earths
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- HAS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Louis Schürmann
- Resource group id
- resource:60356c5bd0bb51bf8313
- Deposit or zone
- Simon’s Find
Resource Data
- Category
- inferred
- Tonnes
- 50000
- Grade
- 0.6
- Grade Unit
- % TREO
- Contained Metal
- 295
- Contained Unit
- t
- Cutoff Grade
- 0.24
- Cutoff Unit
- % TREO
Prior Estimate
- Resource Date
- 2022-10
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This Inferred Resource for rare earths at Simon’s Find indicates lower geological confidence and a very small tonnage, reported under JORC standards with a disclosed cut-off grade. Its novelty is low as it was reported in October 2022.
Positive factors
- JORC Compliant reporting standard provides credibility
- Cut-off grade is clearly disclosed
Negative factors
- Inferred Resource category indicates lower geological confidence
- Very small tonnage for this category
Evidence · table
“0.60”
Context: 0.05
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.0 years before this release
inferredYangibana Project · rare_earthsTonnes: 50000Grade: 0.31Grade Unit: % Nd2O3+Pr6O11View all detailsHide details
Identity
- Project
- Yangibana Project
- Commodity
- rare_earths
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- HAS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Louis Schürmann
- Resource group id
- resource:60356c5bd0bb51bf8313
- Deposit or zone
- Simon’s Find
Resource Data
- Category
- inferred
- Tonnes
- 50000
- Grade
- 0.31
- Grade Unit
- % Nd2O3+Pr6O11
- Cutoff Grade
- 0.24
- Cutoff Unit
- % TREO
Prior Estimate
- Resource Date
- 2022-10
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This Inferred Resource for NdPr at Simon’s Find indicates lower geological confidence and a very small tonnage, reported under JORC standards with a disclosed cut-off grade. Its novelty is low as it was reported in October 2022.
Positive factors
- JORC Compliant reporting standard provides credibility
- Cut-off grade is clearly disclosed
Negative factors
- Inferred Resource category indicates lower geological confidence
- Very small tonnage for this category
Evidence · table
“0.31”
Context: 0.05
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.0 years before this release
measuredYangibana Project · rare_earthsTonnes: 750000Grade: 1.25Grade Unit: % TREOContained Metal: 9407Contained Unit: tView all detailsHide details
Identity
- Project
- Yangibana Project
- Commodity
- rare_earths
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- HAS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Louis Schürmann
- Resource group id
- resource:0d9423b4bb2137c7ec77
- Deposit or zone
- Fraser’s
Resource Data
- Category
- measured
- Tonnes
- 750000
- Grade
- 1.25
- Grade Unit
- % TREO
- Contained Metal
- 9407
- Contained Unit
- t
- Cutoff Grade
- 0.24
- Cutoff Unit
- % TREO
Prior Estimate
- Resource Date
- 2022-10
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This Measured Resource for rare earths at Fraser’s indicates high geological confidence and is reported under JORC standards with a disclosed cut-off grade. Its novelty is low as it was reported in October 2022.
Positive factors
- Measured Resource category indicates high geological confidence
- JORC Compliant reporting standard provides credibility
- Cut-off grade is clearly disclosed
Evidence · table
“1.25”
Context: 0.75
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.0 years before this release
measuredYangibana Project · rare_earthsTonnes: 750000Grade: 0.53Grade Unit: % Nd2O3+Pr6O11View all detailsHide details
Identity
- Project
- Yangibana Project
- Commodity
- rare_earths
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- HAS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Louis Schürmann
- Resource group id
- resource:0d9423b4bb2137c7ec77
- Deposit or zone
- Fraser’s
Resource Data
- Category
- measured
- Tonnes
- 750000
- Grade
- 0.53
- Grade Unit
- % Nd2O3+Pr6O11
- Cutoff Grade
- 0.24
- Cutoff Unit
- % TREO
Prior Estimate
- Resource Date
- 2022-10
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This Measured Resource for NdPr at Fraser’s indicates high geological confidence and is reported under JORC standards with a disclosed cut-off grade. Its novelty is low as it was reported in October 2022.
Positive factors
- Measured Resource category indicates high geological confidence
- JORC Compliant reporting standard provides credibility
- Cut-off grade is clearly disclosed
Evidence · table
“0.53”
Context: 0.75
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.0 years before this release
indicatedYangibana Project · rare_earthsTonnes: 1470000Grade: 0.75Grade Unit: % TREOContained Metal: 11001Contained Unit: tView all detailsHide details
Identity
- Project
- Yangibana Project
- Commodity
- rare_earths
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- HAS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Louis Schürmann
- Resource group id
- resource:67071104f0c8f5a04b40
- Deposit or zone
- Fraser’s
Resource Data
- Category
- indicated
- Tonnes
- 1470000
- Grade
- 0.75
- Grade Unit
- % TREO
- Contained Metal
- 11001
- Contained Unit
- t
- Cutoff Grade
- 0.24
- Cutoff Unit
- % TREO
Prior Estimate
- Resource Date
- 2022-10
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This Indicated Resource for rare earths at Fraser’s indicates good geological confidence and is reported under JORC standards with a disclosed cut-off grade. Its novelty is low as it was reported in October 2022.
Positive factors
- Indicated Resource category indicates good geological confidence
- JORC Compliant reporting standard provides credibility
- Cut-off grade is clearly disclosed
Evidence · table
“0.75”
Context: 1.47
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.0 years before this release
indicatedYangibana Project · rare_earthsTonnes: 1470000Grade: 0.32Grade Unit: % Nd2O3+Pr6O11View all detailsHide details
Identity
- Project
- Yangibana Project
- Commodity
- rare_earths
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- HAS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Louis Schürmann
- Resource group id
- resource:67071104f0c8f5a04b40
- Deposit or zone
- Fraser’s
Resource Data
- Category
- indicated
- Tonnes
- 1470000
- Grade
- 0.32
- Grade Unit
- % Nd2O3+Pr6O11
- Cutoff Grade
- 0.24
- Cutoff Unit
- % TREO
Prior Estimate
- Resource Date
- 2022-10
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This Indicated Resource for NdPr at Fraser’s indicates good geological confidence and is reported under JORC standards with a disclosed cut-off grade. Its novelty is low as it was reported in October 2022.
Positive factors
- Indicated Resource category indicates good geological confidence
- JORC Compliant reporting standard provides credibility
- Cut-off grade is clearly disclosed
Evidence · table
“0.32”
Context: 1.47
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.0 years before this release
inferredYangibana Project · rare_earthsTonnes: 10000Grade: 0.6Grade Unit: % TREOContained Metal: 44Contained Unit: tView all detailsHide details
Identity
- Project
- Yangibana Project
- Commodity
- rare_earths
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- HAS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Louis Schürmann
- Resource group id
- resource:8567443f05bc1d3cc584
- Deposit or zone
- Fraser’s
Resource Data
- Category
- inferred
- Tonnes
- 10000
- Grade
- 0.6
- Grade Unit
- % TREO
- Contained Metal
- 44
- Contained Unit
- t
- Cutoff Grade
- 0.24
- Cutoff Unit
- % TREO
Prior Estimate
- Resource Date
- 2022-10
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This Inferred Resource for rare earths at Fraser’s indicates lower geological confidence and a very small tonnage, reported under JORC standards with a disclosed cut-off grade. Its novelty is low as it was reported in October 2022.
Positive factors
- JORC Compliant reporting standard provides credibility
- Cut-off grade is clearly disclosed
Negative factors
- Inferred Resource category indicates lower geological confidence
- Very small tonnage for this category
Evidence · table
“0.60”
Context: 0.01
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.0 years before this release
inferredYangibana Project · rare_earthsTonnes: 10000Grade: 0.25Grade Unit: % Nd2O3+Pr6O11View all detailsHide details
Identity
- Project
- Yangibana Project
- Commodity
- rare_earths
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- HAS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Louis Schürmann
- Resource group id
- resource:8567443f05bc1d3cc584
- Deposit or zone
- Fraser’s
Resource Data
- Category
- inferred
- Tonnes
- 10000
- Grade
- 0.25
- Grade Unit
- % Nd2O3+Pr6O11
- Cutoff Grade
- 0.24
- Cutoff Unit
- % TREO
Prior Estimate
- Resource Date
- 2022-10
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This Inferred Resource for NdPr at Fraser’s indicates lower geological confidence and a very small tonnage, reported under JORC standards with a disclosed cut-off grade. Its novelty is low as it was reported in October 2022.
Positive factors
- JORC Compliant reporting standard provides credibility
- Cut-off grade is clearly disclosed
Negative factors
- Inferred Resource category indicates lower geological confidence
- Very small tonnage for this category
Evidence · table
“0.25”
Context: 0.01
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.0 years before this release
indicatedYangibana Project · rare_earthsTonnes: 3540000Grade: 0.93Grade Unit: % TREOContained Metal: 32796Contained Unit: tView all detailsHide details
Identity
- Project
- Yangibana Project
- Commodity
- rare_earths
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- HAS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Louis Schürmann
- Resource group id
- resource:737edee06086325a6139
- Deposit or zone
- Auer
Resource Data
- Category
- indicated
- Tonnes
- 3540000
- Grade
- 0.93
- Grade Unit
- % TREO
- Contained Metal
- 32796
- Contained Unit
- t
- Cutoff Grade
- 0.24
- Cutoff Unit
- % TREO
Prior Estimate
- Resource Date
- 2022-10
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This Indicated Resource for rare earths at Auer indicates good geological confidence and is reported under JORC standards with a disclosed cut-off grade. Its novelty is low as it was reported in October 2022.
Positive factors
- Indicated Resource category indicates good geological confidence
- JORC Compliant reporting standard provides credibility
- Cut-off grade is clearly disclosed
Evidence · table
“0.93”
Context: 3.54
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.0 years before this release
indicatedYangibana Project · rare_earthsTonnes: 3540000Grade: 0.32Grade Unit: % Nd2O3+Pr6O11View all detailsHide details
Identity
- Project
- Yangibana Project
- Commodity
- rare_earths
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- HAS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Louis Schürmann
- Resource group id
- resource:737edee06086325a6139
- Deposit or zone
- Auer
Resource Data
- Category
- indicated
- Tonnes
- 3540000
- Grade
- 0.32
- Grade Unit
- % Nd2O3+Pr6O11
- Cutoff Grade
- 0.24
- Cutoff Unit
- % TREO
Prior Estimate
- Resource Date
- 2022-10
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This Indicated Resource for NdPr at Auer indicates good geological confidence and is reported under JORC standards with a disclosed cut-off grade. Its novelty is low as it was reported in October 2022.
Positive factors
- Indicated Resource category indicates good geological confidence
- JORC Compliant reporting standard provides credibility
- Cut-off grade is clearly disclosed
Evidence · table
“0.32”
Context: 3.54
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.0 years before this release
inferredYangibana Project · rare_earthsTonnes: 1100000Grade: 0.76Grade Unit: % TREOContained Metal: 8297Contained Unit: tView all detailsHide details
Identity
- Project
- Yangibana Project
- Commodity
- rare_earths
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- HAS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Louis Schürmann
- Resource group id
- resource:6bd69b9f1d2304b31eae
- Deposit or zone
- Auer
Resource Data
- Category
- inferred
- Tonnes
- 1100000
- Grade
- 0.76
- Grade Unit
- % TREO
- Contained Metal
- 8297
- Contained Unit
- t
- Cutoff Grade
- 0.24
- Cutoff Unit
- % TREO
Prior Estimate
- Resource Date
- 2022-10
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This Inferred Resource for rare earths at Auer indicates lower geological confidence but is reported under JORC standards with a disclosed cut-off grade. Its novelty is low as it was reported in October 2022.
Positive factors
- JORC Compliant reporting standard provides credibility
- Cut-off grade is clearly disclosed
Negative factors
- Inferred Resource category indicates lower geological confidence
Evidence · table
“0.76”
Context: 1.10
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.0 years before this release
inferredYangibana Project · rare_earthsTonnes: 1100000Grade: 0.24Grade Unit: % Nd2O3+Pr6O11View all detailsHide details
Identity
- Project
- Yangibana Project
- Commodity
- rare_earths
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- HAS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Louis Schürmann
- Resource group id
- resource:6bd69b9f1d2304b31eae
- Deposit or zone
- Auer
Resource Data
- Category
- inferred
- Tonnes
- 1100000
- Grade
- 0.24
- Grade Unit
- % Nd2O3+Pr6O11
- Cutoff Grade
- 0.24
- Cutoff Unit
- % TREO
Prior Estimate
- Resource Date
- 2022-10
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This Inferred Resource for NdPr at Auer indicates lower geological confidence but is reported under JORC standards with a disclosed cut-off grade. Its novelty is low as it was reported in October 2022.
Positive factors
- JORC Compliant reporting standard provides credibility
- Cut-off grade is clearly disclosed
Negative factors
- Inferred Resource category indicates lower geological confidence
Evidence · table
“0.24”
Context: 1.10
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.0 years before this release
indicatedYangibana Project · rare_earthsTonnes: 1980000Grade: 0.71Grade Unit: % TREOContained Metal: 14034Contained Unit: tView all detailsHide details
Identity
- Project
- Yangibana Project
- Commodity
- rare_earths
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- HAS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Louis Schürmann
- Resource group id
- resource:fc7bccd598110ca40dcf
- Deposit or zone
- Yangibana
Resource Data
- Category
- indicated
- Tonnes
- 1980000
- Grade
- 0.71
- Grade Unit
- % TREO
- Contained Metal
- 14034
- Contained Unit
- t
- Cutoff Grade
- 0.24
- Cutoff Unit
- % TREO
Prior Estimate
- Resource Date
- 2022-10
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This Indicated Resource for rare earths at Yangibana indicates good geological confidence and is reported under JORC standards with a disclosed cut-off grade. Its novelty is low as it was reported in October 2022.
Positive factors
- Indicated Resource category indicates good geological confidence
- JORC Compliant reporting standard provides credibility
- Cut-off grade is clearly disclosed
Evidence · table
“0.71”
Context: 1.98
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.0 years before this release
indicatedYangibana Project · rare_earthsTonnes: 1980000Grade: 0.34Grade Unit: % Nd2O3+Pr6O11View all detailsHide details
Identity
- Project
- Yangibana Project
- Commodity
- rare_earths
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- HAS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Louis Schürmann
- Resource group id
- resource:fc7bccd598110ca40dcf
- Deposit or zone
- Yangibana
Resource Data
- Category
- indicated
- Tonnes
- 1980000
- Grade
- 0.34
- Grade Unit
- % Nd2O3+Pr6O11
- Cutoff Grade
- 0.24
- Cutoff Unit
- % TREO
Prior Estimate
- Resource Date
- 2022-10
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This Indicated Resource for NdPr at Yangibana indicates good geological confidence and is reported under JORC standards with a disclosed cut-off grade. Its novelty is low as it was reported in October 2022.
Positive factors
- Indicated Resource category indicates good geological confidence
- JORC Compliant reporting standard provides credibility
- Cut-off grade is clearly disclosed
Evidence · table
“0.34”
Context: 1.98
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.0 years before this release
inferredYangibana Project · rare_earthsTonnes: 330000Grade: 0.64Grade Unit: % TREOContained Metal: 2146Contained Unit: tView all detailsHide details
Identity
- Project
- Yangibana Project
- Commodity
- rare_earths
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- HAS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Louis Schürmann
- Resource group id
- resource:92272fa3dcfed2a0252c
- Deposit or zone
- Yangibana
Resource Data
- Category
- inferred
- Tonnes
- 330000
- Grade
- 0.64
- Grade Unit
- % TREO
- Contained Metal
- 2146
- Contained Unit
- t
- Cutoff Grade
- 0.24
- Cutoff Unit
- % TREO
Prior Estimate
- Resource Date
- 2022-10
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This Inferred Resource for rare earths at Yangibana indicates lower geological confidence but is reported under JORC standards with a disclosed cut-off grade. Its novelty is low as it was reported in October 2022.
Positive factors
- JORC Compliant reporting standard provides credibility
- Cut-off grade is clearly disclosed
Negative factors
- Inferred Resource category indicates lower geological confidence
Evidence · table
“0.64”
Context: 0.33
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.0 years before this release
inferredYangibana Project · rare_earthsTonnes: 330000Grade: 0.31Grade Unit: % Nd2O3+Pr6O11View all detailsHide details
Identity
- Project
- Yangibana Project
- Commodity
- rare_earths
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- HAS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Louis Schürmann
- Resource group id
- resource:92272fa3dcfed2a0252c
- Deposit or zone
- Yangibana
Resource Data
- Category
- inferred
- Tonnes
- 330000
- Grade
- 0.31
- Grade Unit
- % Nd2O3+Pr6O11
- Cutoff Grade
- 0.24
- Cutoff Unit
- % TREO
Prior Estimate
- Resource Date
- 2022-10
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This Inferred Resource for NdPr at Yangibana indicates lower geological confidence but is reported under JORC standards with a disclosed cut-off grade. Its novelty is low as it was reported in October 2022.
Positive factors
- JORC Compliant reporting standard provides credibility
- Cut-off grade is clearly disclosed
Negative factors
- Inferred Resource category indicates lower geological confidence
Evidence · table
“0.31”
Context: 0.33
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.0 years before this release
measuredYangibana Project · rare_earthsTonnes: 660000Grade: 1.39Grade Unit: % TREOContained Metal: 9179Contained Unit: tView all detailsHide details
Identity
- Project
- Yangibana Project
- Commodity
- rare_earths
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- HAS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Louis Schürmann
- Resource group id
- resource:f8881ee3d8f95e81e823
- Deposit or zone
- Yangibana North
Resource Data
- Category
- measured
- Tonnes
- 660000
- Grade
- 1.39
- Grade Unit
- % TREO
- Contained Metal
- 9179
- Contained Unit
- t
- Cutoff Grade
- 0.24
- Cutoff Unit
- % TREO
Prior Estimate
- Resource Date
- 2022-10
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This Measured Resource for rare earths at Yangibana North indicates high geological confidence and is reported under JORC standards with a disclosed cut-off grade. Its novelty is low as it was reported in October 2022.
Positive factors
- Measured Resource category indicates high geological confidence
- JORC Compliant reporting standard provides credibility
- Cut-off grade is clearly disclosed
Evidence · table
“1.39”
Context: 0.66
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.0 years before this release
measuredYangibana Project · rare_earthsTonnes: 660000Grade: 0.36Grade Unit: % Nd2O3+Pr6O11View all detailsHide details
Identity
- Project
- Yangibana Project
- Commodity
- rare_earths
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- HAS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Louis Schürmann
- Resource group id
- resource:f8881ee3d8f95e81e823
- Deposit or zone
- Yangibana North
Resource Data
- Category
- measured
- Tonnes
- 660000
- Grade
- 0.36
- Grade Unit
- % Nd2O3+Pr6O11
- Cutoff Grade
- 0.24
- Cutoff Unit
- % TREO
Prior Estimate
- Resource Date
- 2022-10
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This Measured Resource for NdPr at Yangibana North indicates high geological confidence and is reported under JORC standards with a disclosed cut-off grade. Its novelty is low as it was reported in October 2022.
Positive factors
- Measured Resource category indicates high geological confidence
- JORC Compliant reporting standard provides credibility
- Cut-off grade is clearly disclosed
Evidence · table
“0.36”
Context: 0.66
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.0 years before this release
indicatedYangibana Project · rare_earthsTonnes: 4150000Grade: 1.41Grade Unit: % TREOContained Metal: 58609Contained Unit: tView all detailsHide details
Identity
- Project
- Yangibana Project
- Commodity
- rare_earths
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- HAS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Louis Schürmann
- Resource group id
- resource:ece603eef055bbf366bc
- Deposit or zone
- Yangibana North
Resource Data
- Category
- indicated
- Tonnes
- 4150000
- Grade
- 1.41
- Grade Unit
- % TREO
- Contained Metal
- 58609
- Contained Unit
- t
- Cutoff Grade
- 0.24
- Cutoff Unit
- % TREO
Prior Estimate
- Resource Date
- 2022-10
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This Indicated Resource for rare earths at Yangibana North indicates good geological confidence and is reported under JORC standards with a disclosed cut-off grade. Its novelty is low as it was reported in October 2022.
Positive factors
- Indicated Resource category indicates good geological confidence
- JORC Compliant reporting standard provides credibility
- Cut-off grade is clearly disclosed
Evidence · table
“1.41”
Context: 4.15
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.0 years before this release
indicatedYangibana Project · rare_earthsTonnes: 4150000Grade: 0.36Grade Unit: % Nd2O3+Pr6O11View all detailsHide details
Identity
- Project
- Yangibana Project
- Commodity
- rare_earths
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- HAS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Louis Schürmann
- Resource group id
- resource:ece603eef055bbf366bc
- Deposit or zone
- Yangibana North
Resource Data
- Category
- indicated
- Tonnes
- 4150000
- Grade
- 0.36
- Grade Unit
- % Nd2O3+Pr6O11
- Cutoff Grade
- 0.24
- Cutoff Unit
- % TREO
Prior Estimate
- Resource Date
- 2022-10
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This Indicated Resource for NdPr at Yangibana North indicates good geological confidence and is reported under JORC standards with a disclosed cut-off grade. Its novelty is low as it was reported in October 2022.
Positive factors
- Indicated Resource category indicates good geological confidence
- JORC Compliant reporting standard provides credibility
- Cut-off grade is clearly disclosed
Evidence · table
“0.36”
Context: 4.15
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.0 years before this release
inferredYangibana Project · rare_earthsTonnes: 970000Grade: 1.43Grade Unit: % TREOContained Metal: 13914Contained Unit: tView all detailsHide details
Identity
- Project
- Yangibana Project
- Commodity
- rare_earths
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- HAS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Louis Schürmann
- Resource group id
- resource:f7fa33fd0685ad82695b
- Deposit or zone
- Yangibana North
Resource Data
- Category
- inferred
- Tonnes
- 970000
- Grade
- 1.43
- Grade Unit
- % TREO
- Contained Metal
- 13914
- Contained Unit
- t
- Cutoff Grade
- 0.24
- Cutoff Unit
- % TREO
Prior Estimate
- Resource Date
- 2022-10
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This Inferred Resource for rare earths at Yangibana North indicates lower geological confidence but is reported under JORC standards with a disclosed cut-off grade. Its novelty is low as it was reported in October 2022.
Positive factors
- JORC Compliant reporting standard provides credibility
- Cut-off grade is clearly disclosed
Negative factors
- Inferred Resource category indicates lower geological confidence
Evidence · table
“1.43”
Context: 0.97
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.0 years before this release
inferredYangibana Project · rare_earthsTonnes: 970000Grade: 0.37Grade Unit: % Nd2O3+Pr6O11View all detailsHide details
Identity
- Project
- Yangibana Project
- Commodity
- rare_earths
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- HAS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Louis Schürmann
- Resource group id
- resource:f7fa33fd0685ad82695b
- Deposit or zone
- Yangibana North
Resource Data
- Category
- inferred
- Tonnes
- 970000
- Grade
- 0.37
- Grade Unit
- % Nd2O3+Pr6O11
- Cutoff Grade
- 0.24
- Cutoff Unit
- % TREO
Prior Estimate
- Resource Date
- 2022-10
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This Inferred Resource for NdPr at Yangibana North indicates lower geological confidence but is reported under JORC standards with a disclosed cut-off grade. Its novelty is low as it was reported in October 2022.
Positive factors
- JORC Compliant reporting standard provides credibility
- Cut-off grade is clearly disclosed
Negative factors
- Inferred Resource category indicates lower geological confidence
Evidence · table
“0.37”
Context: 0.97
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.0 years before this release
inferredYangibana Project · rare_earthsTonnes: 250000Grade: 1.43Grade Unit: % TREOContained Metal: 3518Contained Unit: tView all detailsHide details
Identity
- Project
- Yangibana Project
- Commodity
- rare_earths
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- HAS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Louis Schürmann
- Resource group id
- resource:a0b803c1876b930b815c
- Deposit or zone
- Gossan
Resource Data
- Category
- inferred
- Tonnes
- 250000
- Grade
- 1.43
- Grade Unit
- % TREO
- Contained Metal
- 3518
- Contained Unit
- t
- Cutoff Grade
- 0.2
- Cutoff Unit
- % Nd2O3+Pr6O11
Prior Estimate
- Resource Date
- 2022-10
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This Inferred Resource for rare earths at Gossan indicates lower geological confidence but is reported under JORC standards with a disclosed cut-off grade. Its novelty is low as it was reported in October 2022.
Positive factors
- JORC Compliant reporting standard provides credibility
- Cut-off grade is clearly disclosed
Negative factors
- Inferred Resource category indicates lower geological confidence
Evidence · table
“1.43”
Context: 0.25
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.0 years before this release
inferredYangibana Project · rare_earthsTonnes: 250000Grade: 0.35Grade Unit: % Nd2O3+Pr6O11View all detailsHide details
Identity
- Project
- Yangibana Project
- Commodity
- rare_earths
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- HAS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Louis Schürmann
- Resource group id
- resource:a0b803c1876b930b815c
- Deposit or zone
- Gossan
Resource Data
- Category
- inferred
- Tonnes
- 250000
- Grade
- 0.35
- Grade Unit
- % Nd2O3+Pr6O11
- Cutoff Grade
- 0.2
- Cutoff Unit
- % Nd2O3+Pr6O11
Prior Estimate
- Resource Date
- 2022-10
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This Inferred Resource for NdPr at Gossan indicates lower geological confidence but is reported under JORC standards with a disclosed cut-off grade. Its novelty is low as it was reported in October 2022.
Positive factors
- JORC Compliant reporting standard provides credibility
- Cut-off grade is clearly disclosed
Negative factors
- Inferred Resource category indicates lower geological confidence
Evidence · table
“0.35”
Context: 0.25
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.0 years before this release
inferredYangibana Project · rare_earthsTonnes: 710000Grade: 1.54Grade Unit: % TREOContained Metal: 10934Contained Unit: tView all detailsHide details
Identity
- Project
- Yangibana Project
- Commodity
- rare_earths
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- HAS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Louis Schürmann
- Resource group id
- resource:c83d6df273d6ebdba011
- Deposit or zone
- Lion’s Ear
Resource Data
- Category
- inferred
- Tonnes
- 710000
- Grade
- 1.54
- Grade Unit
- % TREO
- Contained Metal
- 10934
- Contained Unit
- t
- Cutoff Grade
- 0.2
- Cutoff Unit
- % Nd2O3+Pr6O11
Prior Estimate
- Resource Date
- 2022-10
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This Inferred Resource for rare earths at Lion’s Ear indicates lower geological confidence but is reported under JORC standards with a disclosed cut-off grade. Its novelty is low as it was reported in October 2022.
Positive factors
- JORC Compliant reporting standard provides credibility
- Cut-off grade is clearly disclosed
Negative factors
- Inferred Resource category indicates lower geological confidence
Evidence · table
“1.54”
Context: 0.71
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.0 years before this release
inferredYangibana Project · rare_earthsTonnes: 710000Grade: 0.39Grade Unit: % Nd2O3+Pr6O11View all detailsHide details
Identity
- Project
- Yangibana Project
- Commodity
- rare_earths
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- HAS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Louis Schürmann
- Resource group id
- resource:c83d6df273d6ebdba011
- Deposit or zone
- Lion’s Ear
Resource Data
- Category
- inferred
- Tonnes
- 710000
- Grade
- 0.39
- Grade Unit
- % Nd2O3+Pr6O11
- Cutoff Grade
- 0.2
- Cutoff Unit
- % Nd2O3+Pr6O11
Prior Estimate
- Resource Date
- 2022-10
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This Inferred Resource for NdPr at Lion’s Ear indicates lower geological confidence but is reported under JORC standards with a disclosed cut-off grade. Its novelty is low as it was reported in October 2022.
Positive factors
- JORC Compliant reporting standard provides credibility
- Cut-off grade is clearly disclosed
Negative factors
- Inferred Resource category indicates lower geological confidence
Evidence · table
“0.39”
Context: 0.71
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.0 years before this release
inferredYangibana Project · rare_earthsTonnes: 290000Grade: 1.52Grade Unit: % TREOContained Metal: 4393Contained Unit: tView all detailsHide details
Identity
- Project
- Yangibana Project
- Commodity
- rare_earths
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- HAS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Louis Schürmann
- Resource group id
- resource:8746a3c480c708f10235
- Deposit or zone
- Hook
Resource Data
- Category
- inferred
- Tonnes
- 290000
- Grade
- 1.52
- Grade Unit
- % TREO
- Contained Metal
- 4393
- Contained Unit
- t
- Cutoff Grade
- 0.2
- Cutoff Unit
- % Nd2O3+Pr6O11
Prior Estimate
- Resource Date
- 2022-10
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This Inferred Resource for rare earths at Hook indicates lower geological confidence but is reported under JORC standards with a disclosed cut-off grade. Its novelty is low as it was reported in October 2022.
Positive factors
- JORC Compliant reporting standard provides credibility
- Cut-off grade is clearly disclosed
Negative factors
- Inferred Resource category indicates lower geological confidence
Evidence · table
“1.52”
Context: 0.29
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.0 years before this release
inferredYangibana Project · rare_earthsTonnes: 290000Grade: 0.33Grade Unit: % Nd2O3+Pr6O11View all detailsHide details
Identity
- Project
- Yangibana Project
- Commodity
- rare_earths
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- HAS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Louis Schürmann
- Resource group id
- resource:8746a3c480c708f10235
- Deposit or zone
- Hook
Resource Data
- Category
- inferred
- Tonnes
- 290000
- Grade
- 0.33
- Grade Unit
- % Nd2O3+Pr6O11
- Cutoff Grade
- 0.2
- Cutoff Unit
- % Nd2O3+Pr6O11
Prior Estimate
- Resource Date
- 2022-10
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This Inferred Resource for NdPr at Hook indicates lower geological confidence but is reported under JORC standards with a disclosed cut-off grade. Its novelty is low as it was reported in October 2022.
Positive factors
- JORC Compliant reporting standard provides credibility
- Cut-off grade is clearly disclosed
Negative factors
- Inferred Resource category indicates lower geological confidence
Evidence · table
“0.33”
Context: 0.29
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.0 years before this release
inferredYangibana Project · rare_earthsTonnes: 570000Grade: 1.04Grade Unit: % TREOContained Metal: 5970Contained Unit: tView all detailsHide details
Identity
- Project
- Yangibana Project
- Commodity
- rare_earths
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- HAS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Louis Schürmann
- Resource group id
- resource:f83f8df14ad5e77aaf81
- Deposit or zone
- Kane’s Gossan
Resource Data
- Category
- inferred
- Tonnes
- 570000
- Grade
- 1.04
- Grade Unit
- % TREO
- Contained Metal
- 5970
- Contained Unit
- t
- Cutoff Grade
- 0.2
- Cutoff Unit
- % Nd2O3+Pr6O11
Prior Estimate
- Resource Date
- 2022-10
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This Inferred Resource for rare earths at Kane’s Gossan indicates lower geological confidence but is reported under JORC standards with a disclosed cut-off grade. Its novelty is low as it was reported in October 2022.
Positive factors
- JORC Compliant reporting standard provides credibility
- Cut-off grade is clearly disclosed
Negative factors
- Inferred Resource category indicates lower geological confidence
Evidence · table
“1.04”
Context: 0.57
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
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.0 years before this release
inferredYangibana Project · rare_earthsTonnes: 570000Grade: 0.29Grade Unit: % Nd2O3+Pr6O11View all detailsHide details
Identity
- Project
- Yangibana Project
- Commodity
- rare_earths
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- HAS
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Louis Schürmann
- Resource group id
- resource:f83f8df14ad5e77aaf81
- Deposit or zone
- Kane’s Gossan
Resource Data
- Category
- inferred
- Tonnes
- 570000
- Grade
- 0.29
- Grade Unit
- % Nd2O3+Pr6O11
- Cutoff Grade
- 0.2
- Cutoff Unit
- % Nd2O3+Pr6O11
Prior Estimate
- Resource Date
- 2022-10
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This Inferred Resource for NdPr at Kane’s Gossan indicates lower geological confidence but is reported under JORC standards with a disclosed cut-off grade. Its novelty is low as it was reported in October 2022.
Positive factors
- JORC Compliant reporting standard provides credibility
- Cut-off grade is clearly disclosed
Negative factors
- Inferred Resource category indicates lower geological confidence
Evidence · table
“0.29”
Context: 0.57
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 4.0 years before this release
Fact 58Yangibana Rare Earths and Niobium ProjectView all detailsHide details
Identity
- Project
- Yangibana Rare Earths and Niobium Project
- Ticker
- HAS
Resource scope
- Resource group id
- resource:cd99f5aec8cca3c529ad
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: The completion of the Yangibana JV is a highly material and positive development, significantly de-risking the project for Hastings by reducing its funding exposure and transferring management to Wyloo. This is a novel and strategic move for the company.
Positive factors
- Significant reduction in direct funding exposure for Hastings
- JV partner (Wyloo) appointed as manager and operator, leveraging their expertise
- Cancellation of Exchangeable Notes removes a significant liability from the balance sheet
Evidence · text
“The unincorporated joint venture with Wyloo over the Yangibana Rare Earths and Niobium Project was completed in September 2025, with Hastings retaining a 40% participating interest and Wyloo holding the remaining 60% interest and was appointed manager and operator. This reduced the Group’s direct exposure to the future funding requirements of Yangibana while preserving a substantial interest in the Project.”
Tags used in scoring
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
Fact 59Whiteheads Gold Project, Ark and Darcy gold assetsView all detailsHide details
Identity
- Project
- Whiteheads Gold Project, Ark and Darcy gold assets
- Ticker
- HAS
Resource scope
- Resource group id
- resource:e95597e9a76528a6c796
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: The divestment of non-core gold assets is a positive strategic move, enabling Hastings to streamline its focus on rare earths and critical minerals while providing value to shareholders through the in specie distribution.
Positive factors
- Allows Hastings to focus capital and management resources on core rare earths business
- Provides marketable liquidity for gold assets
- Share distribution allows Hastings shareholders to retain exposure to gold assets
Evidence · text
“Accordingly, the divestment was completed on 5 December 2025. Metal Bank issued 160,022,264 shares to Hastings as consideration for Whiteheads, Ark and Darcy, with a fair value of approximately A$3.20 million at the date of disposal. The shares were subsequently distributed in specie to eligible Hastings shareholders on 11 December 2025 at a ratio of 0.7213 Metal Bank shares for each Hastings share held.”
Tags used in scoring
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
Fact 60Yangibana Rare Earths and Niobium ProjectView all detailsHide details
Identity
- Project
- Yangibana Rare Earths and Niobium Project
- Ticker
- HAS
Resource scope
- Resource group id
- resource:cd99f5aec8cca3c529ad
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: Wyloo's decision to divest its 60% interest in the Yangibana Project is a material negative development, creating significant uncertainty for the project's future development and funding, despite the positive DFS results.
Negative factors
- Wyloo's divestment process introduces significant uncertainty for the project's development timeline
- Potential for changes in joint venture ownership and management structure
Evidence · text
“Wyloo subsequently advised that, as part of its broader capital allocation priorities, it intended to divest its 60% participating interest in the Yangibana Project. A sale process commenced in April 2026 and attracted interest from a number of prospective investors. The process has introduced some uncertainty around the timing of the next phase of Project development.”
Tags used in scoring
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.