HRN: Annual Report to shareholders

Original announcement by asx on

Company
Horizon Gold Limited
Ticker
HRN
Exchange
ASX
Region
Western Australia
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Resource update, Drill results, Production
Extracted
2026-09-22 23:28:41 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Horizon Gold Limited's Annual Report highlights a Definitive Feasibility Study (DFS) for its Gum Creek Gold Project in Western Australia, confirming robust economics for a 2.4Mtpa operation targeting 880,000 ounces of recovered gold over a ten-year mine life. The project boasts a maiden Ore Reserve of 728,400 ounces and an updated Mineral Resource Estimate (MRE) showing an 8% increase in total ounces and a 26% increase in gold grade. Additionally, the report details positive exploration drill results from multiple prospects, further expanding the project's potential.

Reasoning: The annual report details a highly positive DFS outcome, a significant MRE update with increased grade and ounces, a maiden Ore Reserve, and numerous strong exploration drill intercepts, all contributing to a clear path to production.

Positive factors

  • Definitive Feasibility Study confirms robust economics for Gum Creek Gold Project.
  • Maiden Ore Reserve of 728koz gold established.
  • Mineral Resource Estimate increased by 8% in ounces and 26% in grade.
  • Strong exploration results continue to expand understanding of project potential.
  • Project targets 880,000 ounces recovered gold over 10-year mine life with low AISC.

Facts used in scoring: 115

Extracted facts

Stored fact records: 115. Some facts used in scoring do not have a stored record.

Drill Results (14)

HWWB001Gum Creek · goldGrade: 2.26Grade Unit: g/tIntercept: 72 mView all details
Link to this fact

Identity

Hole ID
HWWB001
Project
Gum Creek
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
HRN

Geometry

Grade
2.26
Grade Unit
g/t
Intercept
72 m
From
18 m
To
90 m
Intercept Depth
18 m

Classification

Program
exploration
Sample Type
drill
Group ID
HWWB001:18-90
Mining Method
open_pit

Location

Location
Howards
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
pyrrhotite, arsenopyrite

Metal Equivalent

Assumptions Disclosed
No

Compositing

Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: This intercept confirms mineralisation continuity at Howards with a good grade over a substantial width.

Positive factors

  • Good grade over a significant width.
  • Confirms continuity of mineralisation.

Negative factors

  • Apparent width only, true width not stated.

Evidence · text

“72m @ 2.26g/t Au from 18m including 18m @ 5.09g/t Au from 27m (HWWB001)”

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

Refractory Orenegative

Ore requires oxidation/pressure treatment before recovery — a processing and recovery risk.

Why it applies: the release describes refractory metallurgy

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Our exploration results continue to demonstrate that our 2.3 million ounce Mineral Resource which is spread across 80 ki"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

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

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

Evidence · text

“72m @ 2.26g/t Au from 18m”

QA/QC DisclosedRejected · positive

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

Reason: Release includes QA/QC disclosure via Competent Person statement and JORC compliance.

Evidence · text

“The information in this report that relates to exploration activities and exploration results is based on information compiled by Mr Leigh Ryan, who is a member of The Australasian Institute of Geoscientists.”

Deleterious Elements PresentRejected · negative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Reason: Refractory mineralisation with pyrrhotite and arsenopyrite is noted in the MRE, which applies to the project.

Evidence · text

“Due to the presence of pyrrhotite affecting oxygen and cyanide consumption, transition mineralisation from Psi and fresh material from Psi, Kearrys and Fangio has variable gold recoveries >85% and are classified as “low recovery ore” however this ore has been included in the free milling category. Transition mineralisation from Wilsons, Heron, Shiraz, Manikato, Heron South, Snook, and Camel Bore, and fresh mineralisation from Wilsons, Heron, Shiraz, Kingston Town, Manikato, Think Big, Heron South, Snook, Camel Bore and Specimen Well have variable gold recoveries associated with arsenopyrite and are classified as refractory.”
HWWB001Gum Creek · goldGrade: 5.09Grade Unit: g/tIntercept: 18 mView all details
Link to this fact

Identity

Hole ID
HWWB001
Project
Gum Creek
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
HRN

Geometry

Grade
5.09
Grade Unit
g/t
Intercept
18 m
From
27 m
To
45 m
Intercept Depth
27 m

Classification

Program
exploration
Sample Type
drill
Group ID
HWWB001:27-45
Mining Method
open_pit

Location

Location
Howards
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
pyrrhotite, arsenopyrite

Metal Equivalent

Assumptions Disclosed
No

Compositing

Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: This high-grade sub-interval indicates a significant mineralised zone at Howards.

Positive factors

  • High-grade sub-interval within a broader zone.
  • Confirms strong mineralisation.

Negative factors

  • Apparent width only, true width not stated.

Evidence · text

“18m @ 5.09g/t Au from 27m (HWWB001)”

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

Refractory Orenegative

Ore requires oxidation/pressure treatment before recovery — a processing and recovery risk.

Why it applies: the release describes refractory metallurgy

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Our exploration results continue to demonstrate that our 2.3 million ounce Mineral Resource which is spread across 80 ki"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

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

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

Evidence · text

“18m @ 5.09g/t Au from 27m”

QA/QC DisclosedRejected · positive

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

Reason: Release includes QA/QC disclosure via Competent Person statement and JORC compliance.

Evidence · text

“The information in this report that relates to exploration activities and exploration results is based on information compiled by Mr Leigh Ryan, who is a member of The Australasian Institute of Geoscientists.”

Deleterious Elements PresentRejected · negative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Reason: Refractory mineralisation with pyrrhotite and arsenopyrite is noted in the MRE, which applies to the project.

Evidence · text

“Due to the presence of pyrrhotite affecting oxygen and cyanide consumption, transition mineralisation from Psi and fresh material from Psi, Kearrys and Fangio has variable gold recoveries >85% and are classified as “low recovery ore” however this ore has been included in the free milling category. Transition mineralisation from Wilsons, Heron, Shiraz, Manikato, Heron South, Snook, and Camel Bore, and fresh mineralisation from Wilsons, Heron, Shiraz, Kingston Town, Manikato, Think Big, Heron South, Snook, Camel Bore and Specimen Well have variable gold recoveries associated with arsenopyrite and are classified as refractory.”
HWWB001Gum Creek · goldGrade: 1.23Grade Unit: g/tIntercept: 23 mView all details
Link to this fact

Identity

Hole ID
HWWB001
Project
Gum Creek
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
HRN

Geometry

Grade
1.23
Grade Unit
g/t
Intercept
23 m
From
99 m
To
122 m
Intercept Depth
99 m

Classification

Program
exploration
Sample Type
drill
Group ID
HWWB001:99-122
Mining Method
open_pit

Location

Location
Howards
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
pyrrhotite, arsenopyrite

Metal Equivalent

Assumptions Disclosed
No

Compositing

Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: This intercept confirms mineralisation continuity at Howards with a good grade over a moderate width.

Positive factors

  • Good grade over a moderate width.
  • Confirms continuity of mineralisation.

Negative factors

  • Apparent width only, true width not stated.

Evidence · text

“23m @ 1.23g/t Au from 99m including 3m @ 3.31g/t Au from 112m (HWWB001)”

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

Refractory Orenegative

Ore requires oxidation/pressure treatment before recovery — a processing and recovery risk.

Why it applies: the release describes refractory metallurgy

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Our exploration results continue to demonstrate that our 2.3 million ounce Mineral Resource which is spread across 80 ki"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

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

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

Evidence · text

“23m @ 1.23g/t Au from 99m”

QA/QC DisclosedRejected · positive

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

Reason: Release includes QA/QC disclosure via Competent Person statement and JORC compliance.

Evidence · text

“The information in this report that relates to exploration activities and exploration results is based on information compiled by Mr Leigh Ryan, who is a member of The Australasian Institute of Geoscientists.”

Deleterious Elements PresentRejected · negative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Reason: Refractory mineralisation with pyrrhotite and arsenopyrite is noted in the MRE, which applies to the project.

Evidence · text

“Due to the presence of pyrrhotite affecting oxygen and cyanide consumption, transition mineralisation from Psi and fresh material from Psi, Kearrys and Fangio has variable gold recoveries >85% and are classified as “low recovery ore” however this ore has been included in the free milling category. Transition mineralisation from Wilsons, Heron, Shiraz, Manikato, Heron South, Snook, and Camel Bore, and fresh mineralisation from Wilsons, Heron, Shiraz, Kingston Town, Manikato, Think Big, Heron South, Snook, Camel Bore and Specimen Well have variable gold recoveries associated with arsenopyrite and are classified as refractory.”
HWWB001Gum Creek · goldGrade: 3.31Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
HWWB001
Project
Gum Creek
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
HRN

Geometry

Grade
3.31
Grade Unit
g/t
Intercept
3 m
From
112 m
To
115 m
Intercept Depth
112 m

Classification

Program
exploration
Sample Type
drill
Group ID
HWWB001:112-115
Mining Method
open_pit

Location

Location
Howards
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
pyrrhotite, arsenopyrite

Metal Equivalent

Assumptions Disclosed
No

Compositing

Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: This high-grade sub-interval indicates a significant mineralised zone at Howards.

Positive factors

  • High-grade sub-interval within a broader zone.

Negative factors

  • Apparent width only, true width not stated.

Evidence · text

“3m @ 3.31g/t Au from 112m (HWWB001)”

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

Refractory Orenegative

Ore requires oxidation/pressure treatment before recovery — a processing and recovery risk.

Why it applies: the release describes refractory metallurgy

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Our exploration results continue to demonstrate that our 2.3 million ounce Mineral Resource which is spread across 80 ki"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

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

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

Evidence · text

“3m @ 3.31g/t Au from 112m”

QA/QC DisclosedRejected · positive

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

Reason: Release includes QA/QC disclosure via Competent Person statement and JORC compliance.

Evidence · text

“The information in this report that relates to exploration activities and exploration results is based on information compiled by Mr Leigh Ryan, who is a member of The Australasian Institute of Geoscientists.”

Deleterious Elements PresentRejected · negative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Reason: Refractory mineralisation with pyrrhotite and arsenopyrite is noted in the MRE, which applies to the project.

Evidence · text

“Due to the presence of pyrrhotite affecting oxygen and cyanide consumption, transition mineralisation from Psi and fresh material from Psi, Kearrys and Fangio has variable gold recoveries >85% and are classified as “low recovery ore” however this ore has been included in the free milling category. Transition mineralisation from Wilsons, Heron, Shiraz, Manikato, Heron South, Snook, and Camel Bore, and fresh mineralisation from Wilsons, Heron, Shiraz, Kingston Town, Manikato, Think Big, Heron South, Snook, Camel Bore and Specimen Well have variable gold recoveries associated with arsenopyrite and are classified as refractory.”
HWWB001Gum Creek · goldGrade: 4.58Grade Unit: g/tIntercept: 39 mView all details
Link to this fact

Identity

Hole ID
HWWB001
Project
Gum Creek
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
HRN

Geometry

Grade
4.58
Grade Unit
g/t
Intercept
39 m
From
133 m
To
172 m
Intercept Depth
133 m

Classification

Program
exploration
Sample Type
drill
Group ID
HWWB001:133-172
Mining Method
open_pit

Location

Location
Howards
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
pyrrhotite, arsenopyrite

Metal Equivalent

Assumptions Disclosed
No

Compositing

Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: This high-grade intercept confirms strong mineralisation at Howards over a significant width.

Positive factors

  • High-grade intercept over a significant width.
  • Confirms strong mineralisation.

Negative factors

  • Apparent width only, true width not stated.

Evidence · text

“39m @ 4.58g/t Au from 133m including 17m @ 9.86g/t Au from 148m (HWWB001)”

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

Refractory Orenegative

Ore requires oxidation/pressure treatment before recovery — a processing and recovery risk.

Why it applies: the release describes refractory metallurgy

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Our exploration results continue to demonstrate that our 2.3 million ounce Mineral Resource which is spread across 80 ki"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

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

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

Evidence · text

“39m @ 4.58g/t Au from 133m”

QA/QC DisclosedRejected · positive

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

Reason: Release includes QA/QC disclosure via Competent Person statement and JORC compliance.

Evidence · text

“The information in this report that relates to exploration activities and exploration results is based on information compiled by Mr Leigh Ryan, who is a member of The Australasian Institute of Geoscientists.”

Deleterious Elements PresentRejected · negative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Reason: Refractory mineralisation with pyrrhotite and arsenopyrite is noted in the MRE, which applies to the project.

Evidence · text

“Due to the presence of pyrrhotite affecting oxygen and cyanide consumption, transition mineralisation from Psi and fresh material from Psi, Kearrys and Fangio has variable gold recoveries >85% and are classified as “low recovery ore” however this ore has been included in the free milling category. Transition mineralisation from Wilsons, Heron, Shiraz, Manikato, Heron South, Snook, and Camel Bore, and fresh mineralisation from Wilsons, Heron, Shiraz, Kingston Town, Manikato, Think Big, Heron South, Snook, Camel Bore and Specimen Well have variable gold recoveries associated with arsenopyrite and are classified as refractory.”
HWWB001Gum Creek · goldGrade: 9.86Grade Unit: g/tIntercept: 17 mView all details
Link to this fact

Identity

Hole ID
HWWB001
Project
Gum Creek
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
HRN

Geometry

Grade
9.86
Grade Unit
g/t
Intercept
17 m
From
148 m
To
165 m
Intercept Depth
148 m

Classification

Program
exploration
Sample Type
drill
Group ID
HWWB001:148-165
Mining Method
open_pit

Location

Location
Howards
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
pyrrhotite, arsenopyrite

Metal Equivalent

Assumptions Disclosed
No

Compositing

Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: This very high-grade sub-interval highlights bonanza-grade mineralisation at Howards.

Positive factors

  • Very high-grade sub-interval.
  • Indicates bonanza-grade mineralisation.

Negative factors

  • Apparent width only, true width not stated.

Evidence · text

“17m @ 9.86g/t Au from 148m (HWWB001)”

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

Refractory Orenegative

Ore requires oxidation/pressure treatment before recovery — a processing and recovery risk.

Why it applies: the release describes refractory metallurgy

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Our exploration results continue to demonstrate that our 2.3 million ounce Mineral Resource which is spread across 80 ki"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Bonanza InterceptRejected · positive

Exceptionally high-grade zone, well above the deposit-type norm.

Reason: Grade of 9.86 g/t Au is well above the exceptional threshold for open pit gold (5 g/t).

Evidence · text

“9.86g/t Au”

Apparent Width OnlyRejected · negative

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

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

Evidence · text

“17m @ 9.86g/t Au from 148m”

QA/QC DisclosedRejected · positive

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

Reason: Release includes QA/QC disclosure via Competent Person statement and JORC compliance.

Evidence · text

“The information in this report that relates to exploration activities and exploration results is based on information compiled by Mr Leigh Ryan, who is a member of The Australasian Institute of Geoscientists.”

Deleterious Elements PresentRejected · negative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Reason: Refractory mineralisation with pyrrhotite and arsenopyrite is noted in the MRE, which applies to the project.

Evidence · text

“Due to the presence of pyrrhotite affecting oxygen and cyanide consumption, transition mineralisation from Psi and fresh material from Psi, Kearrys and Fangio has variable gold recoveries >85% and are classified as “low recovery ore” however this ore has been included in the free milling category. Transition mineralisation from Wilsons, Heron, Shiraz, Manikato, Heron South, Snook, and Camel Bore, and fresh mineralisation from Wilsons, Heron, Shiraz, Kingston Town, Manikato, Think Big, Heron South, Snook, Camel Bore and Specimen Well have variable gold recoveries associated with arsenopyrite and are classified as refractory.”
HWWB002Gum Creek · goldGrade: 1.27Grade Unit: g/tIntercept: 124 mView all details
Link to this fact

Identity

Hole ID
HWWB002
Project
Gum Creek
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
HRN

Geometry

Grade
1.27
Grade Unit
g/t
Intercept
124 m
From
7 m
To
131 m
Intercept Depth
7 m

Classification

Program
exploration
Sample Type
drill
Group ID
HWWB002:7-131
Mining Method
open_pit

Location

Location
Howards
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
pyrrhotite, arsenopyrite

Metal Equivalent

Assumptions Disclosed
No

Compositing

Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: This intercept confirms mineralisation continuity at Howards with a good grade over an exceptional width.

Positive factors

  • Good grade over an exceptional width.
  • Confirms continuity of mineralisation.

Negative factors

  • Apparent width only, true width not stated.

Evidence · text

“124m @ 1.27g/t Au from 7m including 16m @ 2.97g/t Au from 88m (HWWB002)”

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

Refractory Orenegative

Ore requires oxidation/pressure treatment before recovery — a processing and recovery risk.

Why it applies: the release describes refractory metallurgy

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Our exploration results continue to demonstrate that our 2.3 million ounce Mineral Resource which is spread across 80 ki"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

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

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

Evidence · text

“124m @ 1.27g/t Au from 7m”

QA/QC DisclosedRejected · positive

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

Reason: Release includes QA/QC disclosure via Competent Person statement and JORC compliance.

Evidence · text

“The information in this report that relates to exploration activities and exploration results is based on information compiled by Mr Leigh Ryan, who is a member of The Australasian Institute of Geoscientists.”

Deleterious Elements PresentRejected · negative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Reason: Refractory mineralisation with pyrrhotite and arsenopyrite is noted in the MRE, which applies to the project.

Evidence · text

“Due to the presence of pyrrhotite affecting oxygen and cyanide consumption, transition mineralisation from Psi and fresh material from Psi, Kearrys and Fangio has variable gold recoveries >85% and are classified as “low recovery ore” however this ore has been included in the free milling category. Transition mineralisation from Wilsons, Heron, Shiraz, Manikato, Heron South, Snook, and Camel Bore, and fresh mineralisation from Wilsons, Heron, Shiraz, Kingston Town, Manikato, Think Big, Heron South, Snook, Camel Bore and Specimen Well have variable gold recoveries associated with arsenopyrite and are classified as refractory.”
HWWB002Gum Creek · goldGrade: 2.97Grade Unit: g/tIntercept: 16 mView all details
Link to this fact

Identity

Hole ID
HWWB002
Project
Gum Creek
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
HRN

Geometry

Grade
2.97
Grade Unit
g/t
Intercept
16 m
From
88 m
To
104 m
Intercept Depth
88 m

Classification

Program
exploration
Sample Type
drill
Group ID
HWWB002:88-104
Mining Method
open_pit

Location

Location
Howards
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
pyrrhotite, arsenopyrite

Metal Equivalent

Assumptions Disclosed
No

Compositing

Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: This good grade sub-interval indicates a significant mineralised zone at Howards.

Positive factors

  • Good grade sub-interval within a broader zone.
  • Confirms strong mineralisation.

Negative factors

  • Apparent width only, true width not stated.

Evidence · text

“16m @ 2.97g/t Au from 88m (HWWB002)”

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

Refractory Orenegative

Ore requires oxidation/pressure treatment before recovery — a processing and recovery risk.

Why it applies: the release describes refractory metallurgy

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Our exploration results continue to demonstrate that our 2.3 million ounce Mineral Resource which is spread across 80 ki"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

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

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

Evidence · text

“16m @ 2.97g/t Au from 88m”

QA/QC DisclosedRejected · positive

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

Reason: Release includes QA/QC disclosure via Competent Person statement and JORC compliance.

Evidence · text

“The information in this report that relates to exploration activities and exploration results is based on information compiled by Mr Leigh Ryan, who is a member of The Australasian Institute of Geoscientists.”

Deleterious Elements PresentRejected · negative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Reason: Refractory mineralisation with pyrrhotite and arsenopyrite is noted in the MRE, which applies to the project.

Evidence · text

“Due to the presence of pyrrhotite affecting oxygen and cyanide consumption, transition mineralisation from Psi and fresh material from Psi, Kearrys and Fangio has variable gold recoveries >85% and are classified as “low recovery ore” however this ore has been included in the free milling category. Transition mineralisation from Wilsons, Heron, Shiraz, Manikato, Heron South, Snook, and Camel Bore, and fresh mineralisation from Wilsons, Heron, Shiraz, Kingston Town, Manikato, Think Big, Heron South, Snook, Camel Bore and Specimen Well have variable gold recoveries associated with arsenopyrite and are classified as refractory.”
HWWB003Gum Creek · goldGrade: 1.08Grade Unit: g/tIntercept: 80 mView all details
Link to this fact

Identity

Hole ID
HWWB003
Project
Gum Creek
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
HRN

Geometry

Grade
1.08
Grade Unit
g/t
Intercept
80 m
From
18 m
To
98 m
Intercept Depth
18 m

Classification

Program
exploration
Sample Type
drill
Group ID
HWWB003:18-98
Mining Method
open_pit

Location

Location
Howards
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
pyrrhotite, arsenopyrite

Metal Equivalent

Assumptions Disclosed
No

Compositing

Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: This intercept confirms mineralisation continuity at Howards with a good grade over a substantial width.

Positive factors

  • Good grade over a significant width.
  • Confirms continuity of mineralisation.

Negative factors

  • Apparent width only, true width not stated.

Evidence · text

“80m @ 1.08g/t Au from 18m including 10m @ 2.12g/t Au from 83m (HWWB003)”

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

Refractory Orenegative

Ore requires oxidation/pressure treatment before recovery — a processing and recovery risk.

Why it applies: the release describes refractory metallurgy

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Our exploration results continue to demonstrate that our 2.3 million ounce Mineral Resource which is spread across 80 ki"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

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

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

Evidence · text

“80m @ 1.08g/t Au from 18m”

QA/QC DisclosedRejected · positive

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

Reason: Release includes QA/QC disclosure via Competent Person statement and JORC compliance.

Evidence · text

“The information in this report that relates to exploration activities and exploration results is based on information compiled by Mr Leigh Ryan, who is a member of The Australasian Institute of Geoscientists.”

Deleterious Elements PresentRejected · negative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Reason: Refractory mineralisation with pyrrhotite and arsenopyrite is noted in the MRE, which applies to the project.

Evidence · text

“Due to the presence of pyrrhotite affecting oxygen and cyanide consumption, transition mineralisation from Psi and fresh material from Psi, Kearrys and Fangio has variable gold recoveries >85% and are classified as “low recovery ore” however this ore has been included in the free milling category. Transition mineralisation from Wilsons, Heron, Shiraz, Manikato, Heron South, Snook, and Camel Bore, and fresh mineralisation from Wilsons, Heron, Shiraz, Kingston Town, Manikato, Think Big, Heron South, Snook, Camel Bore and Specimen Well have variable gold recoveries associated with arsenopyrite and are classified as refractory.”
HWWB003Gum Creek · goldGrade: 2.12Grade Unit: g/tIntercept: 10 mView all details
Link to this fact

Identity

Hole ID
HWWB003
Project
Gum Creek
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
HRN

Geometry

Grade
2.12
Grade Unit
g/t
Intercept
10 m
From
83 m
To
93 m
Intercept Depth
83 m

Classification

Program
exploration
Sample Type
drill
Group ID
HWWB003:83-93
Mining Method
open_pit

Location

Location
Howards
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
pyrrhotite, arsenopyrite

Metal Equivalent

Assumptions Disclosed
No

Compositing

Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: This good grade sub-interval indicates a significant mineralised zone at Howards.

Positive factors

  • Good grade sub-interval within a broader zone.
  • Confirms strong mineralisation.

Negative factors

  • Apparent width only, true width not stated.

Evidence · text

“10m @ 2.12g/t Au from 83m (HWWB003)”

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

Refractory Orenegative

Ore requires oxidation/pressure treatment before recovery — a processing and recovery risk.

Why it applies: the release describes refractory metallurgy

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Our exploration results continue to demonstrate that our 2.3 million ounce Mineral Resource which is spread across 80 ki"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

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

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

Evidence · text

“10m @ 2.12g/t Au from 83m”

QA/QC DisclosedRejected · positive

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

Reason: Release includes QA/QC disclosure via Competent Person statement and JORC compliance.

Evidence · text

“The information in this report that relates to exploration activities and exploration results is based on information compiled by Mr Leigh Ryan, who is a member of The Australasian Institute of Geoscientists.”

Deleterious Elements PresentRejected · negative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Reason: Refractory mineralisation with pyrrhotite and arsenopyrite is noted in the MRE, which applies to the project.

Evidence · text

“Due to the presence of pyrrhotite affecting oxygen and cyanide consumption, transition mineralisation from Psi and fresh material from Psi, Kearrys and Fangio has variable gold recoveries >85% and are classified as “low recovery ore” however this ore has been included in the free milling category. Transition mineralisation from Wilsons, Heron, Shiraz, Manikato, Heron South, Snook, and Camel Bore, and fresh mineralisation from Wilsons, Heron, Shiraz, Kingston Town, Manikato, Think Big, Heron South, Snook, Camel Bore and Specimen Well have variable gold recoveries associated with arsenopyrite and are classified as refractory.”
HWWB003Gum Creek · goldGrade: 4.02Grade Unit: g/tIntercept: 38 mView all details
Link to this fact

Identity

Hole ID
HWWB003
Project
Gum Creek
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
HRN

Geometry

Grade
4.02
Grade Unit
g/t
Intercept
38 m
From
112 m
To
150 m
Intercept Depth
112 m

Classification

Program
exploration
Sample Type
drill
Group ID
HWWB003:112-150
Mining Method
open_pit

Location

Location
Howards
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
pyrrhotite, arsenopyrite

Metal Equivalent

Assumptions Disclosed
No

Compositing

Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: This high-grade intercept confirms strong mineralisation at Howards over a significant width.

Positive factors

  • High-grade intercept over a significant width.
  • Confirms strong mineralisation.

Negative factors

  • Apparent width only, true width not stated.

Evidence · text

“38m @ 4.02g/t Au from 112m including 21m @ 6.08g/t Au from 121m (HWWB003)”

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

Refractory Orenegative

Ore requires oxidation/pressure treatment before recovery — a processing and recovery risk.

Why it applies: the release describes refractory metallurgy

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Our exploration results continue to demonstrate that our 2.3 million ounce Mineral Resource which is spread across 80 ki"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

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

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

Evidence · text

“38m @ 4.02g/t Au from 112m”

QA/QC DisclosedRejected · positive

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

Reason: Release includes QA/QC disclosure via Competent Person statement and JORC compliance.

Evidence · text

“The information in this report that relates to exploration activities and exploration results is based on information compiled by Mr Leigh Ryan, who is a member of The Australasian Institute of Geoscientists.”

Deleterious Elements PresentRejected · negative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Reason: Refractory mineralisation with pyrrhotite and arsenopyrite is noted in the MRE, which applies to the project.

Evidence · text

“Due to the presence of pyrrhotite affecting oxygen and cyanide consumption, transition mineralisation from Psi and fresh material from Psi, Kearrys and Fangio has variable gold recoveries >85% and are classified as “low recovery ore” however this ore has been included in the free milling category. Transition mineralisation from Wilsons, Heron, Shiraz, Manikato, Heron South, Snook, and Camel Bore, and fresh mineralisation from Wilsons, Heron, Shiraz, Kingston Town, Manikato, Think Big, Heron South, Snook, Camel Bore and Specimen Well have variable gold recoveries associated with arsenopyrite and are classified as refractory.”
HWWB003Gum Creek · goldGrade: 6.08Grade Unit: g/tIntercept: 21 mView all details
Link to this fact

Identity

Hole ID
HWWB003
Project
Gum Creek
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
HRN

Geometry

Grade
6.08
Grade Unit
g/t
Intercept
21 m
From
121 m
To
142 m
Intercept Depth
121 m

Classification

Program
exploration
Sample Type
drill
Group ID
HWWB003:121-142
Mining Method
open_pit

Location

Location
Howards
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
pyrrhotite, arsenopyrite

Metal Equivalent

Assumptions Disclosed
No

Compositing

Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: This very high-grade sub-interval highlights bonanza-grade mineralisation at Howards.

Positive factors

  • Very high-grade sub-interval.
  • Indicates bonanza-grade mineralisation.

Negative factors

  • Apparent width only, true width not stated.

Evidence · text

“21m @ 6.08g/t Au from 121m (HWWB003)”

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

Refractory Orenegative

Ore requires oxidation/pressure treatment before recovery — a processing and recovery risk.

Why it applies: the release describes refractory metallurgy

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Our exploration results continue to demonstrate that our 2.3 million ounce Mineral Resource which is spread across 80 ki"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Bonanza InterceptRejected · positive

Exceptionally high-grade zone, well above the deposit-type norm.

Reason: Grade of 6.08 g/t Au is well above the exceptional threshold for open pit gold (5 g/t).

Evidence · text

“6.08g/t Au”

Apparent Width OnlyRejected · negative

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

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

Evidence · text

“21m @ 6.08g/t Au from 121m”

QA/QC DisclosedRejected · positive

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

Reason: Release includes QA/QC disclosure via Competent Person statement and JORC compliance.

Evidence · text

“The information in this report that relates to exploration activities and exploration results is based on information compiled by Mr Leigh Ryan, who is a member of The Australasian Institute of Geoscientists.”

Deleterious Elements PresentRejected · negative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Reason: Refractory mineralisation with pyrrhotite and arsenopyrite is noted in the MRE, which applies to the project.

Evidence · text

“Due to the presence of pyrrhotite affecting oxygen and cyanide consumption, transition mineralisation from Psi and fresh material from Psi, Kearrys and Fangio has variable gold recoveries >85% and are classified as “low recovery ore” however this ore has been included in the free milling category. Transition mineralisation from Wilsons, Heron, Shiraz, Manikato, Heron South, Snook, and Camel Bore, and fresh mineralisation from Wilsons, Heron, Shiraz, Kingston Town, Manikato, Think Big, Heron South, Snook, Camel Bore and Specimen Well have variable gold recoveries associated with arsenopyrite and are classified as refractory.”
KFDD003Gum Creek · goldGrade: 11.35Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
KFDD003
Project
Gum Creek
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
HRN

Geometry

Grade
11.35
Grade Unit
g/t
Intercept
4 m
From
431 m
To
435 m
Intercept Depth
431 m

Classification

Program
exploration
Sample Type
drill
Group ID
KFDD003:431-435
Mining Method
underground

Location

Location
Kingfisher
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
pyrrhotite, arsenopyrite

Metal Equivalent

Assumptions Disclosed
No

Compositing

Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: This very high-grade intercept confirms the presence of high-grade gold shoots at Kingfisher.

Positive factors

  • Very high-grade intercept.
  • Confirms high-grade gold shoots.

Negative factors

  • Apparent width only, true width not stated.

Evidence · text

“4m @ 11.35g/t Au from 431m including 1m @ 42.2g/t Au from 432m (KFDD003)”

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

Refractory Orenegative

Ore requires oxidation/pressure treatment before recovery — a processing and recovery risk.

Why it applies: the release describes refractory metallurgy

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Our exploration results continue to demonstrate that our 2.3 million ounce Mineral Resource which is spread across 80 ki"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Bonanza InterceptRejected · positive

Exceptionally high-grade zone, well above the deposit-type norm.

Reason: Grade of 11.35 g/t Au is strong for underground gold (7 g/t).

Evidence · text

“11.35g/t Au”

Apparent Width OnlyRejected · negative

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

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

Evidence · text

“4m @ 11.35g/t Au from 431m”

QA/QC DisclosedRejected · positive

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

Reason: Release includes QA/QC disclosure via Competent Person statement and JORC compliance.

Evidence · text

“The information in this report that relates to exploration activities and exploration results is based on information compiled by Mr Leigh Ryan, who is a member of The Australasian Institute of Geoscientists.”

Deleterious Elements PresentRejected · negative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Reason: Refractory mineralisation with pyrrhotite and arsenopyrite is noted in the MRE, which applies to the project.

Evidence · text

“Due to the presence of pyrrhotite affecting oxygen and cyanide consumption, transition mineralisation from Psi and fresh material from Psi, Kearrys and Fangio has variable gold recoveries >85% and are classified as “low recovery ore” however this ore has been included in the free milling category. Transition mineralisation from Wilsons, Heron, Shiraz, Manikato, Heron South, Snook, and Camel Bore, and fresh mineralisation from Wilsons, Heron, Shiraz, Kingston Town, Manikato, Think Big, Heron South, Snook, Camel Bore and Specimen Well have variable gold recoveries associated with arsenopyrite and are classified as refractory.”
KFDD003Gum Creek · goldGrade: 42.2Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
KFDD003
Project
Gum Creek
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
HRN

Geometry

Grade
42.2
Grade Unit
g/t
Intercept
1 m
From
432 m
To
433 m
Intercept Depth
432 m

Classification

Program
exploration
Sample Type
drill
Group ID
KFDD003:432-433
Mining Method
underground

Location

Location
Kingfisher
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
pyrrhotite, arsenopyrite

Metal Equivalent

Assumptions Disclosed
No

Compositing

Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Positive factors

  • Exceptional bonanza-grade sub-interval.

Evidence · text

“1m @ 42.2g/t Au from 432m (KFDD003)”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Refractory Orenegative

Ore requires oxidation/pressure treatment before recovery — a processing and recovery risk.

Why it applies: the release describes refractory metallurgy

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Our exploration results continue to demonstrate that our 2.3 million ounce Mineral Resource which is spread across 80 ki"

Resource Estimates (101)

indicatedGum Creek Gold Project · goldTonnes: 6661000Grade: 1.86Grade Unit: g/tContained Metal: 399Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:a56cee6d626b6af727dc
Deposit or zone
Swan/Swift OC
Mining method
combined
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
6661000
Grade
1.86
Grade Unit
g/t
Contained Metal
399
Contained Unit
koz
Cutoff Grade
0.4
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-11-04

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: This is a substantial indicated resource for the Swan/Swift open pit, contributing significantly to the overall project.

Positive factors

  • Significant indicated resource for open pit mining.

Evidence · table

“1.86”

Context: 6,661,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

inferredGum Creek Gold Project · goldTonnes: 335000Grade: 1.54Grade Unit: g/tContained Metal: 16.6Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:6a6db4798a1acf960356
Deposit or zone
Swan/Swift OC
Mining method
combined
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
335000
Grade
1.54
Grade Unit
g/t
Contained Metal
16.6
Contained Unit
koz
Cutoff Grade
0.4
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-11-04

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: This inferred resource adds to the project's potential but has lower confidence than indicated resources.

Positive factors

  • Adds to overall resource base.

Negative factors

  • Inferred category has lower geological confidence.

Evidence · table

“1.54”

Context: 335,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

inferredGum Creek Gold Project · goldTonnes: 6996000Grade: 1.85Grade Unit: g/tContained Metal: 415.6Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:ea62f3608157142e802a
Deposit or zone
Swan/Swift OC
Mining method
combined
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
6996000
Grade
1.85
Grade Unit
g/t
Contained Metal
415.6
Contained Unit
koz
Cutoff Grade
0.4
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-11-04

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: This represents the total resource for the Swan/Swift open pit, combining indicated and inferred categories.

Positive factors

  • Significant total resource for open pit mining.

Evidence · table

“1.85”

Context: 6,996,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

indicatedGum Creek Gold Project · goldTonnes: 935000Grade: 4.45Grade Unit: g/tContained Metal: 133.7Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:81295e1dc4ba4396673f
Deposit or zone
Swan UG
Mining method
combined
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
935000
Grade
4.45
Grade Unit
g/t
Contained Metal
133.7
Contained Unit
koz
Cutoff Grade
1.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-11-04

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: This is a high-grade indicated resource for the Swan underground deposit, showing strong potential.

Positive factors

  • High-grade indicated resource for underground mining.

Evidence · table

“4.45”

Context: 935,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

inferredGum Creek Gold Project · goldTonnes: 798000Grade: 3.9Grade Unit: g/tContained Metal: 100Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:d76beced50be151664c6
Deposit or zone
Swan UG
Mining method
combined
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
798000
Grade
3.9
Grade Unit
g/t
Contained Metal
100
Contained Unit
koz
Cutoff Grade
1.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-11-04

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: This inferred resource for Swan underground is high-grade but has lower confidence.

Positive factors

  • Adds to overall high-grade resource base.

Negative factors

  • Inferred category has lower geological confidence.

Evidence · table

“3.90”

Context: 798,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

inferredGum Creek Gold Project · goldTonnes: 1733000Grade: 4.19Grade Unit: g/tContained Metal: 233.7Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:a23a7ef3c951a444667b
Deposit or zone
Swan UG
Mining method
combined
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
1733000
Grade
4.19
Grade Unit
g/t
Contained Metal
233.7
Contained Unit
koz
Cutoff Grade
1.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-11-04

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: This represents the total high-grade resource for the Swan underground deposit.

Positive factors

  • Significant total high-grade resource for underground mining.

Evidence · table

“4.19”

Context: 1,733,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

indicatedGum Creek Gold Project · goldTonnes: 35000Grade: 2.22Grade Unit: g/tContained Metal: 2.5Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:0c3466679e115c820922
Deposit or zone
Swift UG
Mining method
combined
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
35000
Grade
2.22
Grade Unit
g/t
Contained Metal
2.5
Contained Unit
koz
Cutoff Grade
1.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-11-04

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: A small indicated resource for the Swift underground deposit.

Positive factors

  • Adds to indicated resource base.

Evidence · table

“2.22”

Context: 35,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

inferredGum Creek Gold Project · goldTonnes: 813000Grade: 2.54Grade Unit: g/tContained Metal: 66.3Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:9caaa630934cc63da07c
Deposit or zone
Swift UG
Mining method
combined
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
813000
Grade
2.54
Grade Unit
g/t
Contained Metal
66.3
Contained Unit
koz
Cutoff Grade
1.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-11-04

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: This inferred resource for Swift underground adds to the project's potential but has lower confidence.

Positive factors

  • Adds to overall resource base.

Negative factors

  • Inferred category has lower geological confidence.

Evidence · table

“2.54”

Context: 813,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

inferredGum Creek Gold Project · goldTonnes: 848000Grade: 2.52Grade Unit: g/tContained Metal: 68.8Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:1ac825fc22249f4e0fd3
Deposit or zone
Swift UG
Mining method
combined
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
848000
Grade
2.52
Grade Unit
g/t
Contained Metal
68.8
Contained Unit
koz
Cutoff Grade
1.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-11-04

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: This represents the total resource for the Swift underground deposit.

Positive factors

  • Adds to total resource for underground mining.

Evidence · table

“2.52”

Context: 848,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

indicatedGum Creek Gold Project · goldTonnes: 2759000Grade: 4.37Grade Unit: g/tContained Metal: 387.4Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:ccd22dd0a70524a0732d
Deposit or zone
Wilsons UG
Mining method
combined
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
2759000
Grade
4.37
Grade Unit
g/t
Contained Metal
387.4
Contained Unit
koz
Cutoff Grade
1.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-11-04

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: This is a substantial high-grade indicated resource for the Wilsons underground deposit.

Positive factors

  • Significant high-grade indicated resource for underground mining.

Evidence · table

“4.37”

Context: 2,759,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

inferredGum Creek Gold Project · goldTonnes: 126000Grade: 3.16Grade Unit: g/tContained Metal: 12.8Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:e1302bb3c93264099006
Deposit or zone
Wilsons UG
Mining method
combined
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
126000
Grade
3.16
Grade Unit
g/t
Contained Metal
12.8
Contained Unit
koz
Cutoff Grade
1.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-11-04

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: This inferred resource for Wilsons underground is high-grade but has lower confidence.

Positive factors

  • Adds to overall high-grade resource base.

Negative factors

  • Inferred category has lower geological confidence.

Evidence · table

“3.16”

Context: 126,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

inferredGum Creek Gold Project · goldTonnes: 2885000Grade: 4.31Grade Unit: g/tContained Metal: 400.2Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:c31b6a37cd4b0488954c
Deposit or zone
Wilsons UG
Mining method
combined
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
2885000
Grade
4.31
Grade Unit
g/t
Contained Metal
400.2
Contained Unit
koz
Cutoff Grade
1.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-11-04

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: This represents the total high-grade resource for the Wilsons underground deposit.

Positive factors

  • Significant total high-grade resource for underground mining.

Evidence · table

“4.31”

Context: 2,885,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

indicatedGum Creek Gold Project · goldTonnes: 6095000Grade: 1.13Grade Unit: g/tContained Metal: 221.8Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:d167e73e61a1b6b605f7
Deposit or zone
Howards
Mining method
combined
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
6095000
Grade
1.13
Grade Unit
g/t
Contained Metal
221.8
Contained Unit
koz
Cutoff Grade
0.4
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-11-04

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: This is a substantial indicated resource for the Howards deposit.

Positive factors

  • Significant indicated resource.

Evidence · table

“1.13”

Context: 6,095,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

inferredGum Creek Gold Project · goldTonnes: 751000Grade: 0.97Grade Unit: g/tContained Metal: 23.5Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:e53f90216206e8504265
Deposit or zone
Howards
Mining method
combined
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
751000
Grade
0.97
Grade Unit
g/t
Contained Metal
23.5
Contained Unit
koz
Cutoff Grade
0.4
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-11-04

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: This inferred resource for Howards adds to the project's potential but has lower confidence.

Positive factors

  • Adds to overall resource base.

Negative factors

  • Inferred category has lower geological confidence.

Evidence · table

“0.97”

Context: 751,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

inferredGum Creek Gold Project · goldTonnes: 6846000Grade: 1.11Grade Unit: g/tContained Metal: 245.3Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:29f28519da0bbe45a6d1
Deposit or zone
Howards
Mining method
combined
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
6846000
Grade
1.11
Grade Unit
g/t
Contained Metal
245.3
Contained Unit
koz
Cutoff Grade
0.4
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-11-04

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: This represents the total resource for the Howards deposit.

Positive factors

  • Significant total resource.

Evidence · table

“1.11”

Context: 6,846,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

indicatedGum Creek Gold Project · goldTonnes: 1139000Grade: 2.05Grade Unit: g/tContained Metal: 75.1Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:5036eeca92bc5a93029e
Deposit or zone
Kingfisher OC
Mining method
combined
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
1139000
Grade
2.05
Grade Unit
g/t
Contained Metal
75.1
Contained Unit
koz
Cutoff Grade
0.6
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-11-04

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: This is a good indicated resource for the Kingfisher open pit.

Positive factors

  • Good indicated resource for open pit mining.

Evidence · table

“2.05”

Context: 1,139,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

inferredGum Creek Gold Project · goldTonnes: 79000Grade: 1.5Grade Unit: g/tContained Metal: 3.8Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:875d0150649d32d95bb1
Deposit or zone
Kingfisher OC
Mining method
combined
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
79000
Grade
1.5
Grade Unit
g/t
Contained Metal
3.8
Contained Unit
koz
Cutoff Grade
0.6
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-11-04

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: This inferred resource for Kingfisher open pit is small and has lower confidence.

Positive factors

  • Adds to overall resource base.

Negative factors

  • Inferred category has lower geological confidence.

Evidence · table

“1.50”

Context: 79,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

inferredGum Creek Gold Project · goldTonnes: 1218000Grade: 2.01Grade Unit: g/tContained Metal: 78.9Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:a35bcbdb3a5f7a26b840
Deposit or zone
Kingfisher OC
Mining method
combined
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
1218000
Grade
2.01
Grade Unit
g/t
Contained Metal
78.9
Contained Unit
koz
Cutoff Grade
0.6
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-11-04

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: This represents the total resource for the Kingfisher open pit.

Positive factors

  • Good total resource for open pit mining.

Evidence · table

“2.01”

Context: 1,218,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

indicatedGum Creek Gold Project · goldTonnes: 94000Grade: 2.71Grade Unit: g/tContained Metal: 8.2Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:aee81e7c44f22eba1b1c
Deposit or zone
Kingfisher UG
Mining method
combined
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
94000
Grade
2.71
Grade Unit
g/t
Contained Metal
8.2
Contained Unit
koz
Cutoff Grade
1.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-11-04

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: A small indicated resource for the Kingfisher underground deposit.

Positive factors

  • Adds to indicated resource base.

Evidence · table

“2.71”

Context: 94,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

inferredGum Creek Gold Project · goldTonnes: 949000Grade: 3.45Grade Unit: g/tContained Metal: 105.3Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:7ba3778c077dcbc185a6
Deposit or zone
Kingfisher UG
Mining method
combined
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
949000
Grade
3.45
Grade Unit
g/t
Contained Metal
105.3
Contained Unit
koz
Cutoff Grade
1.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-11-04

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: This inferred resource for Kingfisher underground is high-grade but has lower confidence.

Positive factors

  • Adds to overall high-grade resource base.

Negative factors

  • Inferred category has lower geological confidence.

Evidence · table

“3.45”

Context: 949,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

inferredGum Creek Gold Project · goldTonnes: 1043000Grade: 3.38Grade Unit: g/tContained Metal: 113.5Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:38078b22b72378d3cd9f
Deposit or zone
Kingfisher UG
Mining method
combined
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
1043000
Grade
3.38
Grade Unit
g/t
Contained Metal
113.5
Contained Unit
koz
Cutoff Grade
1.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-11-04

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: This represents the total high-grade resource for the Kingfisher underground deposit.

Positive factors

  • Adds to total high-grade resource for underground mining.

Evidence · table

“3.38”

Context: 1,043,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

inferredGum Creek Gold Project · goldTonnes: 2152000Grade: 1.6Grade Unit: g/tContained Metal: 110.6Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:a5c5e5e3ec7815eaafa2
Deposit or zone
Heron

Resource Data

Category
inferred
Tonnes
2152000
Grade
1.6
Grade Unit
g/t
Contained Metal
110.6
Contained Unit
koz
Cutoff Grade
0.6
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2023-05-15

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-05-15T00:00:00.000Z

Dates

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

Reasoning: This is a historical resource estimate for Heron, providing context but not new information.

Positive factors

  • Historical resource contributes to overall project understanding.

Negative factors

  • This is a historical estimate, not new information.

Evidence · table

“1.60”

Context: 2,152,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.4 years before this release

indicatedGum Creek Gold Project · goldTonnes: 817000Grade: 1.27Grade Unit: g/tContained Metal: 33.4Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:0c763f9f908ddd1f1ce5
Deposit or zone
Eagle
Mining method
combined
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
817000
Grade
1.27
Grade Unit
g/t
Contained Metal
33.4
Contained Unit
koz
Cutoff Grade
0.4
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-11-04

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: A moderate indicated resource for the Eagle deposit.

Positive factors

  • Adds to indicated resource base.

Evidence · table

“1.27”

Context: 817,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

inferredGum Creek Gold Project · goldTonnes: 1202000Grade: 1.29Grade Unit: g/tContained Metal: 50Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:9809296da6e19483cb04
Deposit or zone
Eagle
Mining method
combined
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
1202000
Grade
1.29
Grade Unit
g/t
Contained Metal
50
Contained Unit
koz
Cutoff Grade
0.4
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-11-04

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: This inferred resource for Eagle adds to the project's potential but has lower confidence.

Positive factors

  • Adds to overall resource base.

Negative factors

  • Inferred category has lower geological confidence.

Evidence · table

“1.29”

Context: 1,202,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

inferredGum Creek Gold Project · goldTonnes: 2019000Grade: 1.28Grade Unit: g/tContained Metal: 83.4Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:dfb018c4feb0637fee68
Deposit or zone
Eagle
Mining method
combined
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
2019000
Grade
1.28
Grade Unit
g/t
Contained Metal
83.4
Contained Unit
koz
Cutoff Grade
0.4
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-11-04

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: This represents the total resource for the Eagle deposit.

Positive factors

  • Adds to total resource.

Evidence · table

“1.28”

Context: 2,019,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

inferredGum Creek Gold Project · goldTonnes: 1481000Grade: 1.66Grade Unit: g/tContained Metal: 78.9Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:d9c8f95ec7801a2d29ca
Deposit or zone
Heron South

Resource Data

Category
inferred
Tonnes
1481000
Grade
1.66
Grade Unit
g/t
Contained Metal
78.9
Contained Unit
koz
Cutoff Grade
0.8
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2023-05-15

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-05-15T00:00:00.000Z

Dates

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

Reasoning: This is a historical resource estimate for Heron South, providing context but not new information.

Positive factors

  • Historical resource contributes to overall project understanding.

Negative factors

  • This is a historical estimate, not new information.

Evidence · table

“1.66”

Context: 1,481,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.4 years before this release

indicatedGum Creek Gold Project · goldTonnes: 1947000Grade: 1.04Grade Unit: g/tContained Metal: 65.4Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:567c91eccd2b767bc493
Deposit or zone
Shiraz
Mining method
combined
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
1947000
Grade
1.04
Grade Unit
g/t
Contained Metal
65.4
Contained Unit
koz
Cutoff Grade
0.4
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-11-04

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: A moderate indicated resource for the Shiraz deposit.

Positive factors

  • Adds to indicated resource base.

Evidence · table

“1.04”

Context: 1,947,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

inferredGum Creek Gold Project · goldTonnes: 372000Grade: 0.94Grade Unit: g/tContained Metal: 11.2Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:b0661630aa899235dfde
Deposit or zone
Shiraz
Mining method
combined
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
372000
Grade
0.94
Grade Unit
g/t
Contained Metal
11.2
Contained Unit
koz
Cutoff Grade
0.4
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-11-04

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: This inferred resource for Shiraz is small and has lower confidence.

Positive factors

  • Adds to overall resource base.

Negative factors

  • Inferred category has lower geological confidence.

Evidence · table

“0.94”

Context: 372,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

inferredGum Creek Gold Project · goldTonnes: 2319000Grade: 1.03Grade Unit: g/tContained Metal: 76.6Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:d713cc8634d52f268745
Deposit or zone
Shiraz
Mining method
combined
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
2319000
Grade
1.03
Grade Unit
g/t
Contained Metal
76.6
Contained Unit
koz
Cutoff Grade
0.4
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-11-04

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: This represents the total resource for the Shiraz deposit.

Positive factors

  • Adds to total resource.

Evidence · table

“1.03”

Context: 2,319,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

indicatedGum Creek Gold Project · goldTonnes: 557000Grade: 1.54Grade Unit: g/tContained Metal: 27.5Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:16f456b695e0ed570ad4
Deposit or zone
Wyooda
Mining method
combined
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
557000
Grade
1.54
Grade Unit
g/t
Contained Metal
27.5
Contained Unit
koz
Cutoff Grade
0.8
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-11-04

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: A moderate indicated resource for the Wyooda deposit.

Positive factors

  • Adds to indicated resource base.

Evidence · table

“1.54”

Context: 557,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

inferredGum Creek Gold Project · goldTonnes: 718000Grade: 1.56Grade Unit: g/tContained Metal: 36.1Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:198d865c2e62d40ddd7f
Deposit or zone
Wyooda
Mining method
combined
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
718000
Grade
1.56
Grade Unit
g/t
Contained Metal
36.1
Contained Unit
koz
Cutoff Grade
0.8
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-11-04

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: This inferred resource for Wyooda adds to the project's potential but has lower confidence.

Positive factors

  • Adds to overall resource base.

Negative factors

  • Inferred category has lower geological confidence.

Evidence · table

“1.56”

Context: 718,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

inferredGum Creek Gold Project · goldTonnes: 1275000Grade: 1.55Grade Unit: g/tContained Metal: 63.6Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:ae868f598cee23d42156
Deposit or zone
Wyooda
Mining method
combined
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
1275000
Grade
1.55
Grade Unit
g/t
Contained Metal
63.6
Contained Unit
koz
Cutoff Grade
0.8
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-11-04

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: This represents the total resource for the Wyooda deposit.

Positive factors

  • Adds to total resource.

Evidence · table

“1.55”

Context: 1,275,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

inferredGum Creek Gold Project · goldTonnes: 921000Grade: 1.82Grade Unit: g/tContained Metal: 54Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:3e25a36c274c1f2310e0
Deposit or zone
Snook

Resource Data

Category
inferred
Tonnes
921000
Grade
1.82
Grade Unit
g/t
Contained Metal
54
Contained Unit
koz
Cutoff Grade
0.8
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2022-07-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2022-07-25T00:00:00.000Z

Dates

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

Reasoning: This is a historical resource estimate for Snook, providing context but not new information.

Positive factors

  • Historical resource contributes to overall project understanding.

Negative factors

  • This is a historical estimate, not new information.

Evidence · table

“1.82”

Context: 921,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.2 years before this release

indicatedGum Creek Gold Project · goldTonnes: 905000Grade: 1.31Grade Unit: g/tContained Metal: 38.2Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:70e49a3871f84d4bbb67
Deposit or zone
Toedter
Mining method
combined
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
905000
Grade
1.31
Grade Unit
g/t
Contained Metal
38.2
Contained Unit
koz
Cutoff Grade
0.6
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-11-04

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: A moderate indicated resource for the Toedter deposit.

Positive factors

  • Adds to indicated resource base.

Evidence · table

“1.31”

Context: 905,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

inferredGum Creek Gold Project · goldTonnes: 99000Grade: 1.32Grade Unit: g/tContained Metal: 4.2Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:9a5280a3cacbe9a676e8
Deposit or zone
Toedter
Mining method
combined
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
99000
Grade
1.32
Grade Unit
g/t
Contained Metal
4.2
Contained Unit
koz
Cutoff Grade
0.6
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-11-04

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: This inferred resource for Toedter is small and has lower confidence.

Positive factors

  • Adds to overall resource base.

Negative factors

  • Inferred category has lower geological confidence.

Evidence · table

“1.32”

Context: 99,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

inferredGum Creek Gold Project · goldTonnes: 1004000Grade: 1.31Grade Unit: g/tContained Metal: 42.4Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:49c39c54f3177eb668c4
Deposit or zone
Toedter
Mining method
combined
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
1004000
Grade
1.31
Grade Unit
g/t
Contained Metal
42.4
Contained Unit
koz
Cutoff Grade
0.6
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-11-04

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: This represents the total resource for the Toedter deposit.

Positive factors

  • Adds to total resource.

Evidence · table

“1.31”

Context: 1,004,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

indicatedGum Creek Gold Project · goldTonnes: 591000Grade: 1.38Grade Unit: g/tContained Metal: 26.2Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:58b6c5c953aa5bbec6ce
Deposit or zone
Hawk
Mining method
combined
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
591000
Grade
1.38
Grade Unit
g/t
Contained Metal
26.2
Contained Unit
koz
Cutoff Grade
0.6
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-11-04

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: A moderate indicated resource for the Hawk deposit.

Positive factors

  • Adds to indicated resource base.

Evidence · table

“1.38”

Context: 591,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

inferredGum Creek Gold Project · goldTonnes: 167000Grade: 1.27Grade Unit: g/tContained Metal: 6.8Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:642414584aea74555c3a
Deposit or zone
Hawk
Mining method
combined
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
167000
Grade
1.27
Grade Unit
g/t
Contained Metal
6.8
Contained Unit
koz
Cutoff Grade
0.6
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-11-04

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: This inferred resource for Hawk is small and has lower confidence.

Positive factors

  • Adds to overall resource base.

Negative factors

  • Inferred category has lower geological confidence.

Evidence · table

“1.27”

Context: 167,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

inferredGum Creek Gold Project · goldTonnes: 758000Grade: 1.35Grade Unit: g/tContained Metal: 33Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:0a7dcadbbc7b0ed675cd
Deposit or zone
Hawk
Mining method
combined
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
758000
Grade
1.35
Grade Unit
g/t
Contained Metal
33
Contained Unit
koz
Cutoff Grade
0.6
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-11-04

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: This represents the total resource for the Hawk deposit.

Positive factors

  • Adds to total resource.

Evidence · table

“1.35”

Context: 758,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

indicatedGum Creek Gold Project · goldTonnes: 431000Grade: 1.49Grade Unit: g/tContained Metal: 20.6Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:e438b5652cca8e9b1d01
Deposit or zone
Specimen Well
Mining method
combined
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
431000
Grade
1.49
Grade Unit
g/t
Contained Metal
20.6
Contained Unit
koz
Cutoff Grade
0.6
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-11-04

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: A moderate indicated resource for the Specimen Well deposit.

Positive factors

  • Adds to indicated resource base.

Evidence · table

“1.49”

Context: 431,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

inferredGum Creek Gold Project · goldTonnes: 114000Grade: 1.31Grade Unit: g/tContained Metal: 4.8Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:151e227687f98a582ee2
Deposit or zone
Specimen Well
Mining method
combined
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
114000
Grade
1.31
Grade Unit
g/t
Contained Metal
4.8
Contained Unit
koz
Cutoff Grade
0.6
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-11-04

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: This inferred resource for Specimen Well is small and has lower confidence.

Positive factors

  • Adds to overall resource base.

Negative factors

  • Inferred category has lower geological confidence.

Evidence · table

“1.31”

Context: 114,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

inferredGum Creek Gold Project · goldTonnes: 545000Grade: 1.45Grade Unit: g/tContained Metal: 25.4Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:115937f459a99acc4786
Deposit or zone
Specimen Well
Mining method
combined
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
545000
Grade
1.45
Grade Unit
g/t
Contained Metal
25.4
Contained Unit
koz
Cutoff Grade
0.6
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-11-04

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: This represents the total resource for the Specimen Well deposit.

Positive factors

  • Adds to total resource.

Evidence · table

“1.45”

Context: 545,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

indicatedGum Creek Gold Project · goldTonnes: 427000Grade: 1.42Grade Unit: g/tContained Metal: 19.5Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:80d824bdb0dd582945d0
Deposit or zone
Wedge
Mining method
combined
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
427000
Grade
1.42
Grade Unit
g/t
Contained Metal
19.5
Contained Unit
koz
Cutoff Grade
0.6
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-11-04

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: A moderate indicated resource for the Wedge deposit.

Positive factors

  • Adds to indicated resource base.

Evidence · table

“1.42”

Context: 427,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

inferredGum Creek Gold Project · goldTonnes: 56000Grade: 2.83Grade Unit: g/tContained Metal: 5.1Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:a693059b6132f9dcd80e
Deposit or zone
Wedge
Mining method
combined
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
56000
Grade
2.83
Grade Unit
g/t
Contained Metal
5.1
Contained Unit
koz
Cutoff Grade
0.6
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-11-04

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: This inferred resource for Wedge is small and has lower confidence.

Positive factors

  • Adds to overall resource base.

Negative factors

  • Inferred category has lower geological confidence.

Evidence · table

“2.83”

Context: 56,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

inferredGum Creek Gold Project · goldTonnes: 483000Grade: 1.58Grade Unit: g/tContained Metal: 24.6Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:e9a54c4cb8edfb9bb0b1
Deposit or zone
Wedge
Mining method
combined
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
483000
Grade
1.58
Grade Unit
g/t
Contained Metal
24.6
Contained Unit
koz
Cutoff Grade
0.6
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-11-04

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: This represents the total resource for the Wedge deposit.

Positive factors

  • Adds to total resource.

Evidence · table

“1.58”

Context: 483,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

inferredGum Creek Gold Project · goldTonnes: 479000Grade: 1.42Grade Unit: g/tContained Metal: 21.8Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:118dbdb35edff0f32cb1
Deposit or zone
Camel Bore

Resource Data

Category
inferred
Tonnes
479000
Grade
1.42
Grade Unit
g/t
Contained Metal
21.8
Contained Unit
koz
Cutoff Grade
0.8
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2022-07-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2022-07-25T00:00:00.000Z

Dates

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

Reasoning: This is a historical resource estimate for Camel Bore, providing context but not new information.

Positive factors

  • Historical resource contributes to overall project understanding.

Negative factors

  • This is a historical estimate, not new information.

Evidence · table

“1.42”

Context: 479,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.2 years before this release

indicatedGum Creek Gold Project · goldTonnes: 318000Grade: 1.46Grade Unit: g/tContained Metal: 14.9Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:9f6ad32cf99025e5978d
Deposit or zone
Melbourne Bitter
Mining method
combined
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
318000
Grade
1.46
Grade Unit
g/t
Contained Metal
14.9
Contained Unit
koz
Cutoff Grade
0.6
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-11-04

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: A moderate indicated resource for the Melbourne Bitter deposit.

Positive factors

  • Adds to indicated resource base.

Evidence · table

“1.46”

Context: 318,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

inferredGum Creek Gold Project · goldTonnes: 157000Grade: 1.27Grade Unit: g/tContained Metal: 6.4Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:0deed6aefdc8d6d88d59
Deposit or zone
Melbourne Bitter
Mining method
combined
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
157000
Grade
1.27
Grade Unit
g/t
Contained Metal
6.4
Contained Unit
koz
Cutoff Grade
0.6
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-11-04

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: This inferred resource for Melbourne Bitter is small and has lower confidence.

Positive factors

  • Adds to overall resource base.

Negative factors

  • Inferred category has lower geological confidence.

Evidence · table

“1.27”

Context: 157,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

inferredGum Creek Gold Project · goldTonnes: 475000Grade: 1.39Grade Unit: g/tContained Metal: 21.3Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:680d44f7ce2fd93fdbb9
Deposit or zone
Melbourne Bitter
Mining method
combined
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
475000
Grade
1.39
Grade Unit
g/t
Contained Metal
21.3
Contained Unit
koz
Cutoff Grade
0.6
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-11-04

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: This represents the total resource for the Melbourne Bitter deposit.

Positive factors

  • Adds to total resource.

Evidence · table

“1.39”

Context: 475,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

indicatedGum Creek Gold Project · goldTonnes: 295000Grade: 1.52Grade Unit: g/tContained Metal: 14.4Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:722b45c12e9dace3f6b7
Deposit or zone
Hyperno-Reliance
Mining method
combined
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
295000
Grade
1.52
Grade Unit
g/t
Contained Metal
14.4
Contained Unit
koz
Cutoff Grade
0.6
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-11-04

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: A moderate indicated resource for the Hyperno-Reliance deposit.

Positive factors

  • Adds to indicated resource base.

Evidence · table

“1.52”

Context: 295,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

inferredGum Creek Gold Project · goldTonnes: 183000Grade: 1.02Grade Unit: g/tContained Metal: 6Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:cb4ed3b0696db7eced3b
Deposit or zone
Hyperno-Reliance
Mining method
combined
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
183000
Grade
1.02
Grade Unit
g/t
Contained Metal
6
Contained Unit
koz
Cutoff Grade
0.6
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-11-04

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: This inferred resource for Hyperno-Reliance is small and has lower confidence.

Positive factors

  • Adds to overall resource base.

Negative factors

  • Inferred category has lower geological confidence.

Evidence · table

“1.02”

Context: 183,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

inferredGum Creek Gold Project · goldTonnes: 478000Grade: 1.33Grade Unit: g/tContained Metal: 20.4Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:52f40752ba313d2677d1
Deposit or zone
Hyperno-Reliance
Mining method
combined
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
478000
Grade
1.33
Grade Unit
g/t
Contained Metal
20.4
Contained Unit
koz
Cutoff Grade
0.6
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-11-04

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: This represents the total resource for the Hyperno-Reliance deposit.

Positive factors

  • Adds to total resource.

Evidence · table

“1.33”

Context: 478,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

inferredGum Creek Gold Project · goldTonnes: 496000Grade: 1.25Grade Unit: g/tContained Metal: 20Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:f67c298df99bb8c12fd2
Deposit or zone
Kearrys

Resource Data

Category
inferred
Tonnes
496000
Grade
1.25
Grade Unit
g/t
Contained Metal
20
Contained Unit
koz
Cutoff Grade
0.6
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2023-05-15

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-05-15T00:00:00.000Z

Dates

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

Reasoning: This is a historical resource estimate for Kearrys, providing context but not new information.

Positive factors

  • Historical resource contributes to overall project understanding.

Negative factors

  • This is a historical estimate, not new information.

Evidence · table

“1.25”

Context: 496,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.4 years before this release

inferredGum Creek Gold Project · goldTonnes: 326000Grade: 1.81Grade Unit: g/tContained Metal: 19Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:5fd0b64138576e7dc52c
Deposit or zone
Psi

Resource Data

Category
inferred
Tonnes
326000
Grade
1.81
Grade Unit
g/t
Contained Metal
19
Contained Unit
koz
Cutoff Grade
0.8
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2022-07-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2022-07-25T00:00:00.000Z

Dates

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

Reasoning: This is a historical resource estimate for Psi, providing context but not new information.

Positive factors

  • Historical resource contributes to overall project understanding.

Negative factors

  • This is a historical estimate, not new information.

Evidence · table

“1.81”

Context: 326,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.2 years before this release

indicatedGum Creek Gold Project · goldTonnes: 229000Grade: 1.53Grade Unit: g/tContained Metal: 11.3Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:981819cf6a9273c093f2
Deposit or zone
Deep South Reliance
Mining method
combined
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
229000
Grade
1.53
Grade Unit
g/t
Contained Metal
11.3
Contained Unit
koz
Cutoff Grade
0.6
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-11-04

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: A moderate indicated resource for the Deep South Reliance deposit.

Positive factors

  • Adds to indicated resource base.

Evidence · table

“1.53”

Context: 229,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

inferredGum Creek Gold Project · goldTonnes: 17000Grade: 0.91Grade Unit: g/tContained Metal: 0.5Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:2222421c4ccec5eebef7
Deposit or zone
Deep South Reliance
Mining method
combined
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
17000
Grade
0.91
Grade Unit
g/t
Contained Metal
0.5
Contained Unit
koz
Cutoff Grade
0.6
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-11-04

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: This inferred resource for Deep South Reliance is very small and has lower confidence.

Positive factors

  • Adds to overall resource base.

Negative factors

  • Inferred category has lower geological confidence.

Evidence · table

“0.91”

Context: 17,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

inferredGum Creek Gold Project · goldTonnes: 246000Grade: 1.49Grade Unit: g/tContained Metal: 11.8Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:ea543f2c0d7acba204b6
Deposit or zone
Deep South Reliance
Mining method
combined
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
246000
Grade
1.49
Grade Unit
g/t
Contained Metal
11.8
Contained Unit
koz
Cutoff Grade
0.6
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-11-04

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: This represents the total resource for the Deep South Reliance deposit.

Positive factors

  • Adds to total resource.

Evidence · table

“1.49”

Context: 246,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

inferredGum Creek Gold Project · goldTonnes: 251000Grade: 1.43Grade Unit: g/tContained Metal: 11.5Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:ca8c6fd5caf14dd9af9d
Deposit or zone
Orion

Resource Data

Category
inferred
Tonnes
251000
Grade
1.43
Grade Unit
g/t
Contained Metal
11.5
Contained Unit
koz
Cutoff Grade
0.8
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2022-07-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2022-07-25T00:00:00.000Z

Dates

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

Reasoning: This is a historical resource estimate for Orion, providing context but not new information.

Positive factors

  • Historical resource contributes to overall project understanding.

Negative factors

  • This is a historical estimate, not new information.

Evidence · table

“1.43”

Context: 251,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.2 years before this release

inferredGum Creek Gold Project · goldTonnes: 305000Grade: 1.16Grade Unit: g/tContained Metal: 11.4Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:11858af4241682ec9035
Deposit or zone
Eagles Peak

Resource Data

Category
inferred
Tonnes
305000
Grade
1.16
Grade Unit
g/t
Contained Metal
11.4
Contained Unit
koz
Cutoff Grade
0.6
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2023-05-15

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-05-15T00:00:00.000Z

Dates

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

Reasoning: This is a historical resource estimate for Eagles Peak, providing context but not new information.

Positive factors

  • Historical resource contributes to overall project understanding.

Negative factors

  • This is a historical estimate, not new information.

Evidence · table

“1.16”

Context: 305,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.4 years before this release

inferredGum Creek Gold Project · goldTonnes: 258000Grade: 1.25Grade Unit: g/tContained Metal: 10.4Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:a398fb49a30d8e06d774
Deposit or zone
Wahoo

Resource Data

Category
inferred
Tonnes
258000
Grade
1.25
Grade Unit
g/t
Contained Metal
10.4
Contained Unit
koz
Cutoff Grade
0.8
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2022-07-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2022-07-25T00:00:00.000Z

Dates

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

Reasoning: This is a historical resource estimate for Wahoo, providing context but not new information.

Positive factors

  • Historical resource contributes to overall project understanding.

Negative factors

  • This is a historical estimate, not new information.

Evidence · table

“1.25”

Context: 258,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.2 years before this release

inferredGum Creek Gold Project · goldTonnes: 129000Grade: 1.33Grade Unit: g/tContained Metal: 5.5Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:686977c22b7221ed1445
Deposit or zone
Fangio

Resource Data

Category
inferred
Tonnes
129000
Grade
1.33
Grade Unit
g/t
Contained Metal
5.5
Contained Unit
koz
Cutoff Grade
0.6
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2023-05-15

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-05-15T00:00:00.000Z

Dates

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

Reasoning: This is a historical resource estimate for Fangio, providing context but not new information.

Positive factors

  • Historical resource contributes to overall project understanding.

Negative factors

  • This is a historical estimate, not new information.

Evidence · table

“1.33”

Context: 129,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.4 years before this release

indicatedGum Creek Gold Project · goldTonnes: 26721000Grade: 1.9Grade Unit: g/tContained Metal: 1629.3Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:bac9921d140d037c69ad
Deposit or zone
Total
Mining method
combined
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
26721000
Grade
1.9
Grade Unit
g/t
Contained Metal
1629.3
Contained Unit
koz

Prior Estimate

Resource Date
2025-11-04

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: This represents the total indicated resource for the Gum Creek Gold Project.

Positive factors

  • Significant indicated resource base for the entire project.

Evidence · table

“1.90”

Context: 26,721,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

inferredGum Creek Gold Project · goldTonnes: 11248000Grade: 1.86Grade Unit: g/tContained Metal: 672.3Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:471096f7355ae3d68f9f
Deposit or zone
Total
Mining method
combined
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
11248000
Grade
1.86
Grade Unit
g/t
Contained Metal
672.3
Contained Unit
koz

Prior Estimate

Resource Date
2025-11-04

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: This represents the total inferred resource for the Gum Creek Gold Project, adding to overall potential.

Positive factors

  • Adds to overall resource base for the project.

Negative factors

  • Inferred category has lower geological confidence.

Evidence · table

“1.86”

Context: 11,248,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

inferredGum Creek Gold Project · goldTonnes: 37969000Grade: 1.89Grade Unit: g/tContained Metal: 2301.6Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:b5af1be2346dec78375c
Deposit or zone
Total
Mining method
combined
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
37969000
Grade
1.89
Grade Unit
g/t
Contained Metal
2301.6
Contained Unit
koz

Prior Estimate

Resource Date
2025-11-04

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: This represents the total mineral resource for the Gum Creek Gold Project, combining all categories.

Positive factors

  • Significant total resource for the Gum Creek Gold Project.

Evidence · table

“1.89”

Context: 37,969,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

probableGum Creek Gold Project · goldTonnes: 800000Grade: 0.99Grade Unit: g/tContained Metal: 25Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Auralia Mining Consulting Pty Ltd
Resource group id
resource:78b5c04448095b463f8f
Deposit or zone
Eagle
Mining method
combined
Ownership percent
100 %

Resource Data

Category
probable
Tonnes
800000
Grade
0.99
Grade Unit
g/t
Contained Metal
25
Contained Unit
koz

Prior Estimate

Resource Date
2026-07-22

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: This is part of the maiden Ore Reserve for the project, specifically for the Eagle deposit.

Positive factors

  • Maiden Ore Reserve for Eagle deposit.

Evidence · table

“0.99”

Context: 0.8

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

probableGum Creek Gold Project · goldTonnes: 700000Grade: 1.07Grade Unit: g/tContained Metal: 25Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Auralia Mining Consulting Pty Ltd
Resource group id
resource:9555fd7f0f5eed025d1d
Deposit or zone
Hawk
Mining method
combined
Ownership percent
100 %

Resource Data

Category
probable
Tonnes
700000
Grade
1.07
Grade Unit
g/t
Contained Metal
25
Contained Unit
koz

Prior Estimate

Resource Date
2026-07-22

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: This is part of the maiden Ore Reserve for the project, specifically for the Hawk deposit.

Positive factors

  • Maiden Ore Reserve for Hawk deposit.

Evidence · table

“1.07”

Context: 0.7

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

probableGum Creek Gold Project · goldTonnes: 5800000Grade: 0.99Grade Unit: g/tContained Metal: 186Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Auralia Mining Consulting Pty Ltd
Resource group id
resource:92e39d4925b9ce00774d
Deposit or zone
Howards
Mining method
combined
Ownership percent
100 %

Resource Data

Category
probable
Tonnes
5800000
Grade
0.99
Grade Unit
g/t
Contained Metal
186
Contained Unit
koz

Prior Estimate

Resource Date
2026-07-22

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: This is a substantial part of the maiden Ore Reserve for the project, specifically for the Howards deposit.

Positive factors

  • Significant maiden Ore Reserve for Howards deposit.

Evidence · table

“0.99”

Context: 5.8

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

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

Why it applies: reporting_standards includes jorc

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

probableGum Creek Gold Project · goldTonnes: 300000Grade: 1.23Grade Unit: g/tContained Metal: 12Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Auralia Mining Consulting Pty Ltd
Resource group id
resource:d84f80feb46bea6276cb
Deposit or zone
Hyperno-Reliance
Mining method
combined
Ownership percent
100 %

Resource Data

Category
probable
Tonnes
300000
Grade
1.23
Grade Unit
g/t
Contained Metal
12
Contained Unit
koz

Prior Estimate

Resource Date
2026-07-22

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: This is part of the maiden Ore Reserve for the project, specifically for the Hyperno-Reliance deposit.

Positive factors

  • Maiden Ore Reserve for Hyperno-Reliance deposit.

Evidence · table

“1.23”

Context: 0.3

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off 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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

probableGum Creek Gold Project · goldTonnes: 1500000Grade: 1.51Grade Unit: g/tContained Metal: 71Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Auralia Mining Consulting Pty Ltd
Resource group id
resource:89f728161ba14455aa26
Deposit or zone
Kingfisher
Mining method
combined
Ownership percent
100 %

Resource Data

Category
probable
Tonnes
1500000
Grade
1.51
Grade Unit
g/t
Contained Metal
71
Contained Unit
koz

Prior Estimate

Resource Date
2026-07-22

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: This is a significant part of the maiden Ore Reserve for the project, specifically for the Kingfisher deposit.

Positive factors

  • Maiden Ore Reserve for Kingfisher deposit.

Evidence · table

“1.51”

Context: 1.5

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

probableGum Creek Gold Project · goldTonnes: 8600000Grade: 1.42Grade Unit: g/tContained Metal: 392Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Auralia Mining Consulting Pty Ltd
Resource group id
resource:118434960009c72f3fb9
Deposit or zone
Swan/Swift
Mining method
combined
Ownership percent
100 %

Resource Data

Category
probable
Tonnes
8600000
Grade
1.42
Grade Unit
g/t
Contained Metal
392
Contained Unit
koz

Prior Estimate

Resource Date
2026-07-22

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: This is the largest component of the maiden Ore Reserve, highlighting the economic viability of Swan/Swift.

Positive factors

  • Largest maiden Ore Reserve for Swan/Swift deposits.

Evidence · table

“1.42”

Context: 8.6

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

probableGum Creek Gold Project · goldTonnes: 500000Grade: 1.04Grade Unit: g/tContained Metal: 18Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Auralia Mining Consulting Pty Ltd
Resource group id
resource:01f9f8267fd415319cae
Deposit or zone
Wedge
Mining method
combined
Ownership percent
100 %

Resource Data

Category
probable
Tonnes
500000
Grade
1.04
Grade Unit
g/t
Contained Metal
18
Contained Unit
koz

Prior Estimate

Resource Date
2026-07-22

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: This is part of the maiden Ore Reserve for the project, specifically for the Wedge deposit.

Positive factors

  • Maiden Ore Reserve for Wedge deposit.

Evidence · table

“1.04”

Context: 0.5

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

probableGum Creek Gold Project · goldTonnes: 18200000Grade: 1.24Grade Unit: g/tContained Metal: 728Contained Unit: kozView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Auralia Mining Consulting Pty Ltd
Resource group id
resource:2bcf58d60f56e00979de
Deposit or zone
Total Probable
Mining method
combined
Ownership percent
100 %

Resource Data

Category
probable
Tonnes
18200000
Grade
1.24
Grade Unit
g/t
Contained Metal
728
Contained Unit
koz

Prior Estimate

Resource Date
2026-07-22

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: This represents the total maiden Ore Reserve for the Gum Creek Gold Project, underpinning the DFS.

Positive factors

  • Significant maiden Ore Reserve for the Gum Creek Gold Project.

Evidence · table

“1.24”

Context: 18.2

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

inferredGum Creek Gold Project · goldTonnes: 12715000Grade: 1.06Grade Unit: g/tContained Metal: 434.1Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:39d11b3c972cd7e9ea57
Deposit or zone
Swan/Swift OC

Resource Data

Category
inferred
Tonnes
12715000
Grade
1.06
Grade Unit
g/t
Contained Metal
434.1
Contained Unit
koz

Prior Estimate

Resource Date
2023-05-15

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-05-15T00:00:00.000Z

Dates

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

Reasoning: This is a historical resource estimate for Swan/Swift OC from May 2023, used for comparison.

Positive factors

  • Historical resource provides context for project evolution.

Negative factors

  • This is a historical estimate, not new information.

Evidence · table

“1.06”

Context: 12,715,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.4 years before this release

inferredGum Creek Gold Project · goldTonnes: 527000Grade: 6.99Grade Unit: g/tContained Metal: 118.5Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:2a1a38d724be6a59841e
Deposit or zone
Swan UG

Resource Data

Category
inferred
Tonnes
527000
Grade
6.99
Grade Unit
g/t
Contained Metal
118.5
Contained Unit
koz

Prior Estimate

Resource Date
2023-05-15

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-05-15T00:00:00.000Z

Dates

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

Reasoning: This is a historical high-grade resource estimate for Swan UG from May 2023, used for comparison.

Positive factors

  • Historical high-grade resource provides context for project evolution.

Negative factors

  • This is a historical estimate, not new information.

Evidence · table

“6.99”

Context: 527,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.4 years before this release

inferredGum Creek Gold Project · goldTonnes: 138000Grade: 5.72Grade Unit: g/tContained Metal: 25.4Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:e414b7e5390b2f505593
Deposit or zone
Swift UG

Resource Data

Category
inferred
Tonnes
138000
Grade
5.72
Grade Unit
g/t
Contained Metal
25.4
Contained Unit
koz

Prior Estimate

Resource Date
2023-05-15

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-05-15T00:00:00.000Z

Dates

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

Reasoning: This is a historical high-grade resource estimate for Swift UG from May 2023, used for comparison.

Positive factors

  • Historical high-grade resource provides context for project evolution.

Negative factors

  • This is a historical estimate, not new information.

Evidence · table

“5.72”

Context: 138,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.4 years before this release

inferredGum Creek Gold Project · goldTonnes: 2267000Grade: 5.36Grade Unit: g/tContained Metal: 391Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:b7ed67852342bbb074eb
Deposit or zone
Wilsons UG

Resource Data

Category
inferred
Tonnes
2267000
Grade
5.36
Grade Unit
g/t
Contained Metal
391
Contained Unit
koz

Prior Estimate

Resource Date
2023-05-15

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-05-15T00:00:00.000Z

Dates

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

Reasoning: This is a historical high-grade resource estimate for Wilsons UG from May 2023, used for comparison.

Positive factors

  • Historical high-grade resource provides context for project evolution.

Negative factors

  • This is a historical estimate, not new information.

Evidence · table

“5.36”

Context: 2,267,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.4 years before this release

inferredGum Creek Gold Project · goldTonnes: 10200000Grade: 0.81Grade Unit: g/tContained Metal: 266.9Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:6da2ac2884655a2052ac
Deposit or zone
Howards

Resource Data

Category
inferred
Tonnes
10200000
Grade
0.81
Grade Unit
g/t
Contained Metal
266.9
Contained Unit
koz

Prior Estimate

Resource Date
2023-05-15

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-05-15T00:00:00.000Z

Dates

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

Reasoning: This is a historical resource estimate for Howards from May 2023, used for comparison.

Positive factors

  • Historical resource provides context for project evolution.

Negative factors

  • This is a historical estimate, not new information.

Evidence · table

“0.81”

Context: 10,200,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.4 years before this release

inferredGum Creek Gold Project · goldTonnes: 890000Grade: 1.58Grade Unit: g/tContained Metal: 45.1Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:6d5ffb318348b806efd4
Deposit or zone
Kingfisher OC

Resource Data

Category
inferred
Tonnes
890000
Grade
1.58
Grade Unit
g/t
Contained Metal
45.1
Contained Unit
koz

Prior Estimate

Resource Date
2023-05-15

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-05-15T00:00:00.000Z

Dates

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

Reasoning: This is a historical resource estimate for Kingfisher OC from May 2023, used for comparison.

Positive factors

  • Historical resource provides context for project evolution.

Negative factors

  • This is a historical estimate, not new information.

Evidence · table

“1.58”

Context: 890,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.4 years before this release

inferredGum Creek Gold Project · goldTonnes: 1276000Grade: 3.31Grade Unit: g/tContained Metal: 135.7Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:d96b0fcecca3b2210dc4
Deposit or zone
Kingfisher UG

Resource Data

Category
inferred
Tonnes
1276000
Grade
3.31
Grade Unit
g/t
Contained Metal
135.7
Contained Unit
koz

Prior Estimate

Resource Date
2023-05-15

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-05-15T00:00:00.000Z

Dates

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

Reasoning: This is a historical high-grade resource estimate for Kingfisher UG from May 2023, used for comparison.

Positive factors

  • Historical high-grade resource provides context for project evolution.

Negative factors

  • This is a historical estimate, not new information.

Evidence · table

“3.31”

Context: 1,276,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.4 years before this release

inferredGum Creek Gold Project · goldTonnes: 2152000Grade: 1.6Grade Unit: g/tContained Metal: 110.6Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:a5c5e5e3ec7815eaafa2
Deposit or zone
Heron

Resource Data

Category
inferred
Tonnes
2152000
Grade
1.6
Grade Unit
g/t
Contained Metal
110.6
Contained Unit
koz

Prior Estimate

Resource Date
2023-05-15

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-05-15T00:00:00.000Z

Dates

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

Reasoning: This is a historical resource estimate for Heron from May 2023, used for comparison.

Positive factors

  • Historical resource provides context for project evolution.

Negative factors

  • This is a historical estimate, not new information.

Evidence · table

“1.60”

Context: 2,152,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.4 years before this release

inferredGum Creek Gold Project · goldTonnes: 1481000Grade: 1.66Grade Unit: g/tContained Metal: 78.9Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:d9c8f95ec7801a2d29ca
Deposit or zone
Heron South

Resource Data

Category
inferred
Tonnes
1481000
Grade
1.66
Grade Unit
g/t
Contained Metal
78.9
Contained Unit
koz

Prior Estimate

Resource Date
2023-05-15

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-05-15T00:00:00.000Z

Dates

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

Reasoning: This is a historical resource estimate for Heron South from May 2023, used for comparison.

Positive factors

  • Historical resource provides context for project evolution.

Negative factors

  • This is a historical estimate, not new information.

Evidence · table

“1.66”

Context: 1,481,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.4 years before this release

inferredGum Creek Gold Project · goldTonnes: 3603000Grade: 0.68Grade Unit: g/tContained Metal: 78.9Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:1fb12cd93eb9649011f3
Deposit or zone
Shiraz

Resource Data

Category
inferred
Tonnes
3603000
Grade
0.68
Grade Unit
g/t
Contained Metal
78.9
Contained Unit
koz

Prior Estimate

Resource Date
2023-05-15

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-05-15T00:00:00.000Z

Dates

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

Reasoning: This is a historical resource estimate for Shiraz from May 2023, used for comparison.

Positive factors

  • Historical resource provides context for project evolution.

Negative factors

  • This is a historical estimate, not new information.

Evidence · table

“0.68”

Context: 3,603,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.4 years before this release

inferredGum Creek Gold Project · goldTonnes: 1159000Grade: 1.85Grade Unit: g/tContained Metal: 68.8Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:212b4c5704db522a8c42
Deposit or zone
Eagle

Resource Data

Category
inferred
Tonnes
1159000
Grade
1.85
Grade Unit
g/t
Contained Metal
68.8
Contained Unit
koz

Prior Estimate

Resource Date
2023-05-15

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-05-15T00:00:00.000Z

Dates

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

Reasoning: This is a historical resource estimate for Eagle from May 2023, used for comparison.

Positive factors

  • Historical resource provides context for project evolution.

Negative factors

  • This is a historical estimate, not new information.

Evidence · table

“1.85”

Context: 1,159,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.4 years before this release

inferredGum Creek Gold Project · goldTonnes: 1292000Grade: 1.56Grade Unit: g/tContained Metal: 64.8Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:8a2167e287de82d69764
Deposit or zone
Wyooda

Resource Data

Category
inferred
Tonnes
1292000
Grade
1.56
Grade Unit
g/t
Contained Metal
64.8
Contained Unit
koz

Prior Estimate

Resource Date
2023-05-15

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-05-15T00:00:00.000Z

Dates

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

Reasoning: This is a historical resource estimate for Wyooda from May 2023, used for comparison.

Positive factors

  • Historical resource provides context for project evolution.

Negative factors

  • This is a historical estimate, not new information.

Evidence · table

“1.56”

Context: 1,292,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.4 years before this release

inferredGum Creek Gold Project · goldTonnes: 921000Grade: 1.82Grade Unit: g/tContained Metal: 54Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:1285c19f281d208312f6
Deposit or zone
Snook

Resource Data

Category
inferred
Tonnes
921000
Grade
1.82
Grade Unit
g/t
Contained Metal
54
Contained Unit
koz

Prior Estimate

Resource Date
2023-05-15

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-05-15T00:00:00.000Z

Dates

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

Reasoning: This is a historical resource estimate for Snook from May 2023, used for comparison.

Positive factors

  • Historical resource provides context for project evolution.

Negative factors

  • This is a historical estimate, not new information.

Evidence · table

“1.82”

Context: 921,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.4 years before this release

inferredGum Creek Gold Project · goldTonnes: 849000Grade: 1.26Grade Unit: g/tContained Metal: 34.4Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:bc20ea3ef1576223fdb0
Deposit or zone
Hawk

Resource Data

Category
inferred
Tonnes
849000
Grade
1.26
Grade Unit
g/t
Contained Metal
34.4
Contained Unit
koz

Prior Estimate

Resource Date
2023-05-15

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-05-15T00:00:00.000Z

Dates

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

Reasoning: This is a historical resource estimate for Hawk from May 2023, used for comparison.

Positive factors

  • Historical resource provides context for project evolution.

Negative factors

  • This is a historical estimate, not new information.

Evidence · table

“1.26”

Context: 849,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.4 years before this release

inferredGum Creek Gold Project · goldTonnes: 689000Grade: 1.54Grade Unit: g/tContained Metal: 34Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:f90be0643b231df9b668
Deposit or zone
Toedter

Resource Data

Category
inferred
Tonnes
689000
Grade
1.54
Grade Unit
g/t
Contained Metal
34
Contained Unit
koz

Prior Estimate

Resource Date
2023-05-15

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-05-15T00:00:00.000Z

Dates

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

Reasoning: This is a historical resource estimate for Toedter from May 2023, used for comparison.

Positive factors

  • Historical resource provides context for project evolution.

Negative factors

  • This is a historical estimate, not new information.

Evidence · table

“1.54”

Context: 689,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.4 years before this release

inferredGum Creek Gold Project · goldTonnes: 529000Grade: 1.5Grade Unit: g/tContained Metal: 25.5Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:fd42f22a35158241376b
Deposit or zone
Specimen Well

Resource Data

Category
inferred
Tonnes
529000
Grade
1.5
Grade Unit
g/t
Contained Metal
25.5
Contained Unit
koz

Prior Estimate

Resource Date
2023-05-15

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-05-15T00:00:00.000Z

Dates

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

Reasoning: This is a historical resource estimate for Specimen Well from May 2023, used for comparison.

Positive factors

  • Historical resource provides context for project evolution.

Negative factors

  • This is a historical estimate, not new information.

Evidence · table

“1.50”

Context: 529,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.4 years before this release

inferredGum Creek Gold Project · goldTonnes: 487000Grade: 1.52Grade Unit: g/tContained Metal: 23.8Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:8b32bcf81f8613dd093a
Deposit or zone
Wedge

Resource Data

Category
inferred
Tonnes
487000
Grade
1.52
Grade Unit
g/t
Contained Metal
23.8
Contained Unit
koz

Prior Estimate

Resource Date
2023-05-15

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-05-15T00:00:00.000Z

Dates

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

Reasoning: This is a historical resource estimate for Wedge from May 2023, used for comparison.

Positive factors

  • Historical resource provides context for project evolution.

Negative factors

  • This is a historical estimate, not new information.

Evidence · table

“1.52”

Context: 487,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.4 years before this release

inferredGum Creek Gold Project · goldTonnes: 479000Grade: 1.42Grade Unit: g/tContained Metal: 21.8Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:438cc50054684ab7fc41
Deposit or zone
Camel Bore

Resource Data

Category
inferred
Tonnes
479000
Grade
1.42
Grade Unit
g/t
Contained Metal
21.8
Contained Unit
koz

Prior Estimate

Resource Date
2023-05-15

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-05-15T00:00:00.000Z

Dates

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

Reasoning: This is a historical resource estimate for Camel Bore from May 2023, used for comparison.

Positive factors

  • Historical resource provides context for project evolution.

Negative factors

  • This is a historical estimate, not new information.

Evidence · table

“1.42”

Context: 479,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.4 years before this release

inferredGum Creek Gold Project · goldTonnes: 496000Grade: 1.25Grade Unit: g/tContained Metal: 20Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:f67c298df99bb8c12fd2
Deposit or zone
Kearrys

Resource Data

Category
inferred
Tonnes
496000
Grade
1.25
Grade Unit
g/t
Contained Metal
20
Contained Unit
koz

Prior Estimate

Resource Date
2023-05-15

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-05-15T00:00:00.000Z

Dates

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

Reasoning: This is a historical resource estimate for Kearrys from May 2023, used for comparison.

Positive factors

  • Historical resource provides context for project evolution.

Negative factors

  • This is a historical estimate, not new information.

Evidence · table

“1.25”

Context: 496,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.4 years before this release

inferredGum Creek Gold Project · goldTonnes: 326000Grade: 1.81Grade Unit: g/tContained Metal: 19Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:d40d617865ce9729cbba
Deposit or zone
Psi

Resource Data

Category
inferred
Tonnes
326000
Grade
1.81
Grade Unit
g/t
Contained Metal
19
Contained Unit
koz

Prior Estimate

Resource Date
2023-05-15

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-05-15T00:00:00.000Z

Dates

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

Reasoning: This is a historical resource estimate for Psi from May 2023, used for comparison.

Positive factors

  • Historical resource provides context for project evolution.

Negative factors

  • This is a historical estimate, not new information.

Evidence · table

“1.81”

Context: 326,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.4 years before this release

inferredGum Creek Gold Project · goldTonnes: 445000Grade: 1.31Grade Unit: g/tContained Metal: 18.8Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:047f810b50462c5ad631
Deposit or zone
Hyperno-Reliance

Resource Data

Category
inferred
Tonnes
445000
Grade
1.31
Grade Unit
g/t
Contained Metal
18.8
Contained Unit
koz

Prior Estimate

Resource Date
2023-05-15

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-05-15T00:00:00.000Z

Dates

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

Reasoning: This is a historical resource estimate for Hyperno-Reliance from May 2023, used for comparison.

Positive factors

  • Historical resource provides context for project evolution.

Negative factors

  • This is a historical estimate, not new information.

Evidence · table

“1.31”

Context: 445,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.4 years before this release

inferredGum Creek Gold Project · goldTonnes: 362000Grade: 1.44Grade Unit: g/tContained Metal: 16.8Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:8457c6ae6141c1d3c326
Deposit or zone
Melbourne Bitter

Resource Data

Category
inferred
Tonnes
362000
Grade
1.44
Grade Unit
g/t
Contained Metal
16.8
Contained Unit
koz

Prior Estimate

Resource Date
2023-05-15

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-05-15T00:00:00.000Z

Dates

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

Reasoning: This is a historical resource estimate for Melbourne Bitter from May 2023, used for comparison.

Positive factors

  • Historical resource provides context for project evolution.

Negative factors

  • This is a historical estimate, not new information.

Evidence · table

“1.44”

Context: 362,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.4 years before this release

inferredGum Creek Gold Project · goldTonnes: 224000Grade: 1.62Grade Unit: g/tContained Metal: 11.7Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:3815170e5020eaec38cc
Deposit or zone
Deep South Reliance

Resource Data

Category
inferred
Tonnes
224000
Grade
1.62
Grade Unit
g/t
Contained Metal
11.7
Contained Unit
koz

Prior Estimate

Resource Date
2023-05-15

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-05-15T00:00:00.000Z

Dates

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

Reasoning: This is a historical resource estimate for Deep South Reliance from May 2023, used for comparison.

Positive factors

  • Historical resource provides context for project evolution.

Negative factors

  • This is a historical estimate, not new information.

Evidence · table

“1.62”

Context: 224,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.4 years before this release

inferredGum Creek Gold Project · goldTonnes: 305000Grade: 1.16Grade Unit: g/tContained Metal: 11.4Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:11858af4241682ec9035
Deposit or zone
Eagles Peak

Resource Data

Category
inferred
Tonnes
305000
Grade
1.16
Grade Unit
g/t
Contained Metal
11.4
Contained Unit
koz

Prior Estimate

Resource Date
2023-05-15

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-05-15T00:00:00.000Z

Dates

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

Reasoning: This is a historical resource estimate for Eagles Peak from May 2023, used for comparison.

Positive factors

  • Historical resource provides context for project evolution.

Negative factors

  • This is a historical estimate, not new information.

Evidence · table

“1.16”

Context: 305,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.4 years before this release

inferredGum Creek Gold Project · goldTonnes: 251000Grade: 1.43Grade Unit: g/tContained Metal: 11.5Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:3207acc8910fdf2afee6
Deposit or zone
Orion

Resource Data

Category
inferred
Tonnes
251000
Grade
1.43
Grade Unit
g/t
Contained Metal
11.5
Contained Unit
koz

Prior Estimate

Resource Date
2023-05-15

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-05-15T00:00:00.000Z

Dates

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

Reasoning: This is a historical resource estimate for Orion from May 2023, used for comparison.

Positive factors

  • Historical resource provides context for project evolution.

Negative factors

  • This is a historical estimate, not new information.

Evidence · table

“1.43”

Context: 251,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.4 years before this release

inferredGum Creek Gold Project · goldTonnes: 258000Grade: 1.25Grade Unit: g/tContained Metal: 10.4Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:0f7f2631945fb1ac444c
Deposit or zone
Wahoo

Resource Data

Category
inferred
Tonnes
258000
Grade
1.25
Grade Unit
g/t
Contained Metal
10.4
Contained Unit
koz

Prior Estimate

Resource Date
2023-05-15

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-05-15T00:00:00.000Z

Dates

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

Reasoning: This is a historical resource estimate for Wahoo from May 2023, used for comparison.

Positive factors

  • Historical resource provides context for project evolution.

Negative factors

  • This is a historical estimate, not new information.

Evidence · table

“1.25”

Context: 258,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.4 years before this release

inferredGum Creek Gold Project · goldTonnes: 129000Grade: 1.33Grade Unit: g/tContained Metal: 5.5Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:686977c22b7221ed1445
Deposit or zone
Fangio

Resource Data

Category
inferred
Tonnes
129000
Grade
1.33
Grade Unit
g/t
Contained Metal
5.5
Contained Unit
koz

Prior Estimate

Resource Date
2023-05-15

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-05-15T00:00:00.000Z

Dates

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

Reasoning: This is a historical resource estimate for Fangio from May 2023, used for comparison.

Positive factors

  • Historical resource provides context for project evolution.

Negative factors

  • This is a historical estimate, not new information.

Evidence · table

“1.33”

Context: 129,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.4 years before this release

inferredGum Creek Gold Project · goldTonnes: 44450000Grade: 1.5Grade Unit: g/tContained Metal: 2137.3Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Leigh Ryan
Resource group id
resource:b079d2bb5daf21343cc5
Deposit or zone
Total

Resource Data

Category
inferred
Tonnes
44450000
Grade
1.5
Grade Unit
g/t
Contained Metal
2137.3
Contained Unit
koz

Prior Estimate

Resource Date
2023-05-15

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-05-15T00:00:00.000Z

Dates

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

Reasoning: This is a historical total resource estimate for Gum Creek Gold Project from May 2023, used for comparison.

Positive factors

  • Historical resource provides context for project evolution.

Negative factors

  • This is a historical estimate, not new information.

Evidence · table

“1.50”

Context: 44,450,000

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.4 years before this release

Fact 101Gum Creek Gold Project · goldView all details
Link to this fact

Identity

Project
Gum Creek Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
HRN

Resource scope

Reporting standards
jorc
QP Signed
Yes
Qualified person names
Auralia Mining Consulting Pty Ltd
Resource group id
resource:911f53d252fb8a23e0f3
Mining method
combined
Ownership percent
100 %

Prior Estimate

Resource Date
2026-07-22

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: The DFS results present a highly attractive economic profile for the Gum Creek Gold Project, demonstrating strong profitability and a clear path to production.

Positive factors

  • DFS confirms robust project economics with a 10-year mine life.
  • High gold production target of 880.1 koz.
  • Low All-in Sustaining Cost (AISC) of A$2,995/oz.
  • Strong NPV and IRR figures indicate high profitability.
  • Short payback period of 23 months.

Evidence · table

“10.0”

Context: Life of Mine (LOM)

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

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

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

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

DFS-Supportingneutral

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

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

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.