Interim Results
Original announcement by lse on
- Company
- Ariana Resources plc
- Ticker
- AAU
- Exchange
- LSE
- Region
- Zimbabwe
- Primary commodity
- Gold
- Secondary commodities
- Silver
- Document categories
- Resource update, Drill results, Metallurgy
- Extracted
- 2026-09-29 15:17:50 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Ariana Resources plc reported a profit before tax of £6.248 million for the first half of 2026. The company announced a significant increase in the Dokwe Gold Project's Mineral Resource Estimate to 1.6 Moz and Ore Reserve to 1.13 Moz of gold, supported by a revised Pre-Feasibility Study demonstrating robust economics. New drill results extended gold mineralization at Dokwe North, Central, and Sinkwe Prospect, and feasibility-level metallurgical testwork is underway with Xinhai Mining Services.
Reasoning: The company reported strong interim financial results, significantly increased its Dokwe Gold Project's Mineral Resource and Ore Reserve estimates, and presented positive PFS economics. New drill results extended mineralization, and feasibility-level metallurgical testwork is progressing, indicating substantial project advancement and de-risking.
Positive factors
- Increased Mineral Resource Estimate
- Increased Ore Reserve
- Strong PFS economics
- New drill intercepts extending mineralization
- Significant cash balance
- Strategic partnership with Xinhai
- Corporate structure simplification
Low confidence — this extraction should be reviewed alongside the original source.
Facts used in scoring: 22
Classification and evidence
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: The Dokwe North deposit has a Measured Resource of 21,055 kt at 0.92 g/t Au, indicating high confidence.
Evidence · table
“Measured”
Context: Dokwe North
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: The Dokwe North deposit has an Indicated Resource of 27,224 kt at 0.71 g/t Au, and Dokwe Central has 2,107 kt at 1.39 g/t Au, showing reasonable geological confidence.
Evidence · table
“Indicated”
Context: Dokwe North
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: The Dokwe North deposit has an Inferred Resource of 11,963 kt at 0.67 g/t Au, and Dokwe Central has 117 kt at 1.66 g/t Au, which is a speculative category.
Evidence · table
“Inferred”
Context: Dokwe North
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: The Dokwe North deposit includes Proved Reserves totaling 20,956 kt at 0.87 g/t Au, demonstrating economic viability.
Evidence · table
“Proved”
Context: Grand Total
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: The Dokwe North deposit includes Probable Reserves totaling 24,915 kt at 0.68 g/t Au, indicating likely economic viability.
Evidence · table
“Probable”
Context: Grand Total
Tonnage Growthpositive
Significant tonnage increase (≥15%) vs prior estimate with grade maintained or improved.
Why it applies: The Mineral Resource Estimate increased by 13% to 1.6Moz and the Dokwe North Ore Reserve increased by 42% to 1.13Moz.
Evidence · text
“The updated Mineral Resource Estimate increased by 13% to 1.6Moz of gold across Dokwe North and Dokwe Central, while the Dokwe North Ore Reserve increased by 42% to 1.13Moz.”
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: The Mineral Resource Estimate and Ore Reserves are reported in accordance with the JORC (2012) Code.
Evidence · text
“The Mineral Resource Estimate is reported accordance with the JORC (2012) Code”
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: The information is based on and fairly represents information prepared by JORC Competent People and Qualified People.
Evidence · text
“Alfred Gillman, Ruth Woodcock, Izak van Coller, Hovhannes Hovhannisyan (together, the JORC Competent People), and Richard John Siddle, Andrew Bamber and Daniel Van Heerdan (together, the Qualified People)”
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: The Mineral Resource Estimate and Ore Reserves are reported using a cut-off grade of 0.2 g/t Au.
Evidence · text
“at a 0.2 g/t Au cut-off”
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: Gold mineralisation is confirmed to extend at least 150m beyond the current resource envelope at Dokwe North, and extensions were identified at Dokwe Central and Sinkwe Prospect.
Evidence · text
“Gold mineralisation is now confirmed to extend at least 150m beyond the current resource envelope at Dokwe North, remaining open along strike; extensions to gold mineralisation were also identified at Dokwe Central and at the Sinkwe Prospect, 750m to the east.”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: The announcement includes 'Compliance Statements' and a 'Competent Persons Statement' for the drill results.
Evidence · text
“Compliance Statements The information in this announcement relating to Mineral Resources and Ore Reserves has been reported by the Company in accordance with the 2012 Edition of the ‘Australasian Code for Reporting of Exploration results, Mineral Resources and Ore Reserves’ ( JORC Code ) previously (refer to the Company’s replacement prospectus which was released to the ASX market platform on 8 September 2025 ( Prospectus ) and is available on the Company website at http://www.arianaresources.com/ ) ( Previous Market Announcement ). The Company confirms that it is not aware of any new information or data that materially affects the information included in the Previous Market Announcement and, in the case of estimates of Mineral Resources and Ore Reserves, that all material assumptions and technical parameters underpinning the estimates in the Previous Market Announcement continue to apply and have not materially changed. The information in this announcement that relates to the Dokwe PFS production target, or the forecast financial information derived from that production target was first reported on the ASX in the Previous Market Announcement. The Company confirms that all the material assumptions underpinning the production target, and the forecast financial information derived from the production target, in the Previous Market Announcement continue to apply and have not materially changed. Competent Persons Statement The information in the Investment Overview Section of the prospectus (included at Section 3), the Company and Projects Overview (included at Section 5), and the Independent Geologist’s Report (included at Annexure A of the prospectus), which relate to exploration targets, exploration results, mineral resources, Ore Reserves and forward looking financial information is based on, and fairly represents, information and supporting documentation prepared by Alfred Gillman, Ruth Woodcock, Izak van Coller, Hovhannes Hovhannisyan (together, the JORC Competent People), and Richard John Siddle, Andrew Bamber and Daniel Van Heerdan (together, the Qualified People). Refer to the Independent Geologist’s Report for further information in relation to the information compiled by each of the JORC Competent People and the Qualified People, their professional memberships, their relevant qualifications and experience and their relationship with the Company. The Company confirms that the form and context in which the Competent Persons’ findings are presented have not been materially modified from the Previous Market Announcement.”
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: The resource and reserve estimates, which inform the context of the drill results, are reported with a clear 0.2 g/t Au cut-off.
Evidence · text
“at a 0.2 g/t Au cut-off”
Pilot Scale Completepositive
Pilot or demonstration plant testing completed under continuous operation.
Why it applies: Feasibility-level metallurgical testwork is underway on eight tonnes of samples, indicating a significant scale of testing.
Evidence · text
“Delivery of eight tonnes of metallurgical testwork samples obtained from diamond drilling at Dokwe North and Central to the Xinhai laboratory in Yantai, China; feasibility-level metallurgical testwork underway.”
Multi-Domain Testedpositive
Variability across ore domains (oxide, transition, fresh) has been addressed.
Why it applies: Metallurgical testwork samples were obtained from both Dokwe North and Dokwe Central, indicating testing across multiple ore domains.
Evidence · text
“eight tonnes of metallurgical testwork samples obtained from diamond drilling at Dokwe North and Central”
Heap Leach Routeneutral
Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.
Why it applies: the document describes a heap_leach route ("heap-leach")
Single Domain Onlynegative
Testing limited to one composite or domain — representativeness not established.
Why it applies: only one composite was tested
Extracted facts
Stored fact records: 22. Some facts used in scoring do not have a stored record.
Drill Results (5)
DRC25Dokwe North · goldGrade: 16.9Grade Unit: g/tIntercept: 4 mView all detailsHide details
Identity
- Hole ID
- DRC25
- Project
- Dokwe North
- Commodity
- gold
- Region
- zimbabwe
- Reported Region
- zimbabwe
- Ticker
- AAU
Geometry
- Grade
- 16.9
- Grade Unit
- g/t
- Intercept
- 4 m
- From
- 69 m
- To
- 73 m
- Intercept Depth
- 69 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- DRC25:69-73
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Compositing
- Cutoff Grade
- 0.2
- Cutoff Unit
- g/t Au
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This intercept shows a strong gold grade over a moderate width, contributing to resource expansion at the Dokwe Gold Project.
Positive factors
- Step-Out Extension
- QA/QC Disclosed
- Compositing Transparent
Evidence · text
“4m @16.90 g/t Au from 69m (DRC25)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
DRC23Dokwe North · goldGrade: 7.67Grade Unit: g/tIntercept: 10 mView all detailsHide details
Identity
- Hole ID
- DRC23
- Project
- Dokwe North
- Commodity
- gold
- Region
- zimbabwe
- Reported Region
- zimbabwe
- Ticker
- AAU
Geometry
- Grade
- 7.67
- Grade Unit
- g/t
- Intercept
- 10 m
- From
- 110 m
- To
- 120 m
- Intercept Depth
- 110 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- DRC23:110-120
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Compositing
- Cutoff Grade
- 0.2
- Cutoff Unit
- g/t Au
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This intercept demonstrates good gold grade over a significant width, supporting resource expansion at the Dokwe Gold Project.
Positive factors
- Step-Out Extension
- QA/QC Disclosed
- Compositing Transparent
Evidence · text
“10m @ 7.67 g/t Au from 110m (DRC23)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
DRC22Dokwe North · goldGrade: 4.91Grade Unit: g/tIntercept: 10 mView all detailsHide details
Identity
- Hole ID
- DRC22
- Project
- Dokwe North
- Commodity
- gold
- Region
- zimbabwe
- Reported Region
- zimbabwe
- Ticker
- AAU
Geometry
- Grade
- 4.91
- Grade Unit
- g/t
- Intercept
- 10 m
- From
- 156 m
- To
- 166 m
- Intercept Depth
- 156 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- DRC22:156-166
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Compositing
- Cutoff Grade
- 0.2
- Cutoff Unit
- g/t Au
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This intercept shows a solid gold grade over a good width, contributing to the expansion of the Dokwe Gold Project's resource.
Positive factors
- Step-Out Extension
- QA/QC Disclosed
- Compositing Transparent
Evidence · text
“10m @ 4.91 g/t Au from 156m (DRC22)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
DRC29Dokwe North · goldGrade: 1.49Grade Unit: g/tIntercept: 22 mView all detailsHide details
Identity
- Hole ID
- DRC29
- Project
- Dokwe North
- Commodity
- gold
- Region
- zimbabwe
- Reported Region
- zimbabwe
- Ticker
- AAU
Geometry
- Grade
- 1.49
- Grade Unit
- g/t
- Intercept
- 22 m
- From
- 111 m
- To
- 133 m
- Intercept Depth
- 111 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- DRC29:111-133
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Compositing
- Cutoff Grade
- 0.2
- Cutoff Unit
- g/t Au
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This intercept, while lower grade, covers a substantial width, indicating good continuity for resource expansion at the Dokwe Gold Project.
Positive factors
- Step-Out Extension
- QA/QC Disclosed
- Compositing Transparent
Evidence · text
“22m @ 1.49 g/t Au from 111m (DRC29)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
DRC31Dokwe North · goldGrade: 1.2Grade Unit: g/tIntercept: 8 mView all detailsHide details
Identity
- Hole ID
- DRC31
- Project
- Dokwe North
- Commodity
- gold
- Region
- zimbabwe
- Reported Region
- zimbabwe
- Ticker
- AAU
Geometry
- Grade
- 1.2
- Grade Unit
- g/t
- Intercept
- 8 m
- From
- 65 m
- To
- 73 m
- Intercept Depth
- 65 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- DRC31:65-73
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Compositing
- Cutoff Grade
- 0.2
- Cutoff Unit
- g/t Au
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This intercept provides further evidence of gold mineralization, supporting the resource expansion efforts at the Dokwe Gold Project.
Positive factors
- Step-Out Extension
- QA/QC Disclosed
- Compositing Transparent
Evidence · text
“8m @ 1.20 g/t Au from 65m (DRC31)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Resource Estimates (16)
measuredDokwe North · goldTonnes: 21055000Grade: 0.92Grade Unit: g/tContained Metal: 621500Contained Unit: ozView all detailsHide details
Identity
- Project
- Dokwe North
- Commodity
- gold
- Region
- zimbabwe
- Reported Region
- Zimbabwe
- Ticker
- AAU
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Alfred Gillman, Ruth Woodcock, Izak van Coller, Hovhannes Hovhannisyan, Richard John Siddle, Andrew Bamber, Daniel Van Heerdan
- Resource group id
- resource:1e9d5b3ad8105aee60d9
Resource Data
- Category
- measured
- Tonnes
- 21055000
- Grade
- 0.92
- Grade Unit
- g/t
- Contained Metal
- 621500
- Contained Unit
- oz
- Cutoff Grade
- 0.2
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-05-01
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is a substantial Measured Resource for Dokwe North, indicating high confidence in the estimate, reported under JORC standards with a clear cut-off grade.
Positive factors
- Measured Resource
- JORC Compliant
- QP/CP Signed
- Cut-off Disclosed
Evidence · table
“21,055”
Context: Measured
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
indicatedDokwe North · goldTonnes: 27224000Grade: 0.71Grade Unit: g/tContained Metal: 617400Contained Unit: ozView all detailsHide details
Identity
- Project
- Dokwe North
- Commodity
- gold
- Region
- zimbabwe
- Reported Region
- Zimbabwe
- Ticker
- AAU
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Alfred Gillman, Ruth Woodcock, Izak van Coller, Hovhannes Hovhannisyan, Richard John Siddle, Andrew Bamber, Daniel Van Heerdan
- Resource group id
- resource:f60ad6700ab566c06eba
Resource Data
- Category
- indicated
- Tonnes
- 27224000
- Grade
- 0.71
- Grade Unit
- g/t
- Contained Metal
- 617400
- Contained Unit
- oz
- Cutoff Grade
- 0.2
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-05-01
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is a significant Indicated Resource for Dokwe North, providing reasonable geological confidence for future studies, reported under JORC standards with a clear cut-off grade.
Positive factors
- Indicated Resource
- JORC Compliant
- QP/CP Signed
- Cut-off Disclosed
Evidence · table
“27,224”
Context: Indicated
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
inferredDokwe North · goldTonnes: 11963000Grade: 0.67Grade Unit: g/tContained Metal: 258500Contained Unit: ozView all detailsHide details
Identity
- Project
- Dokwe North
- Commodity
- gold
- Region
- zimbabwe
- Reported Region
- Zimbabwe
- Ticker
- AAU
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Alfred Gillman, Ruth Woodcock, Izak van Coller, Hovhannes Hovhannisyan, Richard John Siddle, Andrew Bamber, Daniel Van Heerdan
- Resource group id
- resource:2cc0a2124b321ad18788
Resource Data
- Category
- inferred
- Tonnes
- 11963000
- Grade
- 0.67
- Grade Unit
- g/t
- Contained Metal
- 258500
- Contained Unit
- oz
- Cutoff Grade
- 0.2
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-05-01
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This Inferred Resource for Dokwe North adds to the overall potential but has lower geological confidence compared to Measured and Indicated categories.
Positive factors
- JORC Compliant
- QP/CP Signed
- Cut-off Disclosed
Negative factors
- Inferred Resource
Evidence · table
“11,963”
Context: Inferred
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
indicatedDokwe Central · goldTonnes: 2107000Grade: 1.39Grade Unit: g/tContained Metal: 94300Contained Unit: ozView all detailsHide details
Identity
- Project
- Dokwe Central
- Commodity
- gold
- Region
- zimbabwe
- Reported Region
- Zimbabwe
- Ticker
- AAU
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Alfred Gillman, Ruth Woodcock, Izak van Coller, Hovhannes Hovhannisyan, Richard John Siddle, Andrew Bamber, Daniel Van Heerdan
- Resource group id
- resource:badc31c23dabc8875b8f
Resource Data
- Category
- indicated
- Tonnes
- 2107000
- Grade
- 1.39
- Grade Unit
- g/t
- Contained Metal
- 94300
- Contained Unit
- oz
- Cutoff Grade
- 0.2
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-05-01
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This Indicated Resource for Dokwe Central contributes to the overall project, showing good grade and confidence.
Positive factors
- Indicated Resource
- JORC Compliant
- QP/CP Signed
- Cut-off Disclosed
Evidence · table
“2,107”
Context: Indicated
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
inferredDokwe Central · goldTonnes: 117000Grade: 1.66Grade Unit: g/tContained Metal: 6200Contained Unit: ozView all detailsHide details
Identity
- Project
- Dokwe Central
- Commodity
- gold
- Region
- zimbabwe
- Reported Region
- Zimbabwe
- Ticker
- AAU
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Alfred Gillman, Ruth Woodcock, Izak van Coller, Hovhannes Hovhannisyan, Richard John Siddle, Andrew Bamber, Daniel Van Heerdan
- Resource group id
- resource:f313ae5e043d1f215369
Resource Data
- Category
- inferred
- Tonnes
- 117000
- Grade
- 1.66
- Grade Unit
- g/t
- Contained Metal
- 6200
- Contained Unit
- oz
- Cutoff Grade
- 0.2
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-05-01
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This Inferred Resource for Dokwe Central is small but high-grade, adding to the overall potential with lower confidence.
Positive factors
- JORC Compliant
- QP/CP Signed
- Cut-off Disclosed
Negative factors
- Inferred Resource
Evidence · table
“117”
Context: Inferred
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
measuredDokwe Gold Project · goldTonnes: 21055000Grade: 0.92Grade Unit: g/tContained Metal: 621500Contained Unit: ozView all detailsHide details
Identity
- Project
- Dokwe Gold Project
- Commodity
- gold
- Region
- zimbabwe
- Reported Region
- Zimbabwe
- Ticker
- AAU
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Alfred Gillman, Ruth Woodcock, Izak van Coller, Hovhannes Hovhannisyan, Richard John Siddle, Andrew Bamber, Daniel Van Heerdan
- Resource group id
- resource:ed5b32033f8d77a45871
Resource Data
- Category
- measured
- Tonnes
- 21055000
- Grade
- 0.92
- Grade Unit
- g/t
- Contained Metal
- 621500
- Contained Unit
- oz
- Cutoff Grade
- 0.2
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-05-01
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: The overall Measured Resource for the Dokwe Gold Project is substantial, providing a high-confidence base for development.
Positive factors
- Measured Resource
- JORC Compliant
- QP/CP Signed
- Cut-off Disclosed
Evidence · table
“21,055”
Context: Total Measured
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
indicatedDokwe Gold Project · goldTonnes: 29331000Grade: 0.75Grade Unit: g/tContained Metal: 711700Contained Unit: ozView all detailsHide details
Identity
- Project
- Dokwe Gold Project
- Commodity
- gold
- Region
- zimbabwe
- Reported Region
- Zimbabwe
- Ticker
- AAU
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Alfred Gillman, Ruth Woodcock, Izak van Coller, Hovhannes Hovhannisyan, Richard John Siddle, Andrew Bamber, Daniel Van Heerdan
- Resource group id
- resource:ba8839ef4443db84d14e
Resource Data
- Category
- indicated
- Tonnes
- 29331000
- Grade
- 0.75
- Grade Unit
- g/t
- Contained Metal
- 711700
- Contained Unit
- oz
- Cutoff Grade
- 0.2
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-05-01
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: The overall Indicated Resource for the Dokwe Gold Project is significant, providing a strong foundation for economic studies.
Positive factors
- Indicated Resource
- JORC Compliant
- QP/CP Signed
- Cut-off Disclosed
Evidence · table
“29,331”
Context: Total Indicated
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
inferredDokwe Gold Project · goldTonnes: 12080000Grade: 0.68Grade Unit: g/tContained Metal: 264700Contained Unit: ozView all detailsHide details
Identity
- Project
- Dokwe Gold Project
- Commodity
- gold
- Region
- zimbabwe
- Reported Region
- Zimbabwe
- Ticker
- AAU
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Alfred Gillman, Ruth Woodcock, Izak van Coller, Hovhannes Hovhannisyan, Richard John Siddle, Andrew Bamber, Daniel Van Heerdan
- Resource group id
- resource:9326f8df05aa16846052
Resource Data
- Category
- inferred
- Tonnes
- 12080000
- Grade
- 0.68
- Grade Unit
- g/t
- Contained Metal
- 264700
- Contained Unit
- oz
- Cutoff Grade
- 0.2
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-05-01
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: The overall Inferred Resource for the Dokwe Gold Project adds to the total potential but requires further drilling to upgrade confidence.
Positive factors
- JORC Compliant
- QP/CP Signed
- Cut-off Disclosed
Negative factors
- Inferred Resource
Evidence · table
“12,080”
Context: Total Inferred
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
provenDokwe North · goldTonnes: 6298000Grade: 1.88Grade Unit: g/tContained Metal: 379700Contained Unit: ozView all detailsHide details
Identity
- Project
- Dokwe North
- Commodity
- gold
- Region
- zimbabwe
- Reported Region
- Zimbabwe
- Ticker
- AAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Alfred Gillman, Ruth Woodcock, Izak van Coller, Hovhannes Hovhannisyan, Richard John Siddle, Andrew Bamber, Daniel Van Heerdan
- Resource group id
- resource:7619bbda595f7a036657
Resource Data
- Category
- proven
- Tonnes
- 6298000
- Grade
- 1.88
- Grade Unit
- g/t
- Contained Metal
- 379700
- Contained Unit
- oz
- Cutoff Grade
- 0.2
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-05-01
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This high-grade Proved Ore Reserve for Dokwe North demonstrates strong economic viability and high confidence, forming a key part of the project's production plan.
Positive factors
- Proven Reserve
- JORC Compliant
- QP/CP Signed
- Cut-off Disclosed
Evidence · table
“6,298”
Context: High Grade >1.0 g/t Au Proved
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
probableDokwe North · goldTonnes: 4709000Grade: 1.95Grade Unit: g/tContained Metal: 294600Contained Unit: ozView all detailsHide details
Identity
- Project
- Dokwe North
- Commodity
- gold
- Region
- zimbabwe
- Reported Region
- Zimbabwe
- Ticker
- AAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Alfred Gillman, Ruth Woodcock, Izak van Coller, Hovhannes Hovhannisyan, Richard John Siddle, Andrew Bamber, Daniel Van Heerdan
- Resource group id
- resource:e3485d20a29e67ddf0e8
Resource Data
- Category
- probable
- Tonnes
- 4709000
- Grade
- 1.95
- Grade Unit
- g/t
- Contained Metal
- 294600
- Contained Unit
- oz
- Cutoff Grade
- 0.2
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-05-01
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This high-grade Probable Ore Reserve for Dokwe North adds significant economically viable material to the project, reported under JORC standards.
Positive factors
- Probable Reserve
- JORC Compliant
- QP/CP Signed
- Cut-off Disclosed
Evidence · table
“4,709”
Context: High Grade >1.0 g/t Au Probable
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
provenDokwe North · goldTonnes: 8043000Grade: 0.58Grade Unit: g/tContained Metal: 150600Contained Unit: ozView all detailsHide details
Identity
- Project
- Dokwe North
- Commodity
- gold
- Region
- zimbabwe
- Reported Region
- Zimbabwe
- Ticker
- AAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Alfred Gillman, Ruth Woodcock, Izak van Coller, Hovhannes Hovhannisyan, Richard John Siddle, Andrew Bamber, Daniel Van Heerdan
- Resource group id
- resource:4b180e66b94a2fe3349d
Resource Data
- Category
- proven
- Tonnes
- 8043000
- Grade
- 0.58
- Grade Unit
- g/t
- Contained Metal
- 150600
- Contained Unit
- oz
- Cutoff Grade
- 0.2
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-05-01
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This medium-grade Proved Ore Reserve for Dokwe North provides additional economically viable material with high confidence.
Positive factors
- Proven Reserve
- JORC Compliant
- QP/CP Signed
- Cut-off Disclosed
Evidence · table
“8,043”
Context: Medium Grade 0.5-1.0 g/t Au Proved
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
probableDokwe North · goldTonnes: 8273000Grade: 0.55Grade Unit: g/tContained Metal: 147200Contained Unit: ozView all detailsHide details
Identity
- Project
- Dokwe North
- Commodity
- gold
- Region
- zimbabwe
- Reported Region
- Zimbabwe
- Ticker
- AAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Alfred Gillman, Ruth Woodcock, Izak van Coller, Hovhannes Hovhannisyan, Richard John Siddle, Andrew Bamber, Daniel Van Heerdan
- Resource group id
- resource:bcdaa6d8c5f2befe6049
Resource Data
- Category
- probable
- Tonnes
- 8273000
- Grade
- 0.55
- Grade Unit
- g/t
- Contained Metal
- 147200
- Contained Unit
- oz
- Cutoff Grade
- 0.2
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-05-01
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This medium-grade Probable Ore Reserve for Dokwe North contributes to the overall economic inventory, reported under JORC standards.
Positive factors
- Probable Reserve
- JORC Compliant
- QP/CP Signed
- Cut-off Disclosed
Evidence · table
“8,273”
Context: Medium Grade 0.5-1.0 g/t Au Probable
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
provenDokwe North · goldTonnes: 6615000Grade: 0.28Grade Unit: g/tContained Metal: 59000Contained Unit: ozView all detailsHide details
Identity
- Project
- Dokwe North
- Commodity
- gold
- Region
- zimbabwe
- Reported Region
- Zimbabwe
- Ticker
- AAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Alfred Gillman, Ruth Woodcock, Izak van Coller, Hovhannes Hovhannisyan, Richard John Siddle, Andrew Bamber, Daniel Van Heerdan
- Resource group id
- resource:3f04a8e8fb781b6f54a6
Resource Data
- Category
- proven
- Tonnes
- 6615000
- Grade
- 0.28
- Grade Unit
- g/t
- Contained Metal
- 59000
- Contained Unit
- oz
- Cutoff Grade
- 0.2
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-05-01
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This low-grade Proved Ore Reserve for Dokwe North adds to the total economic inventory, demonstrating viability at a lower cut-off.
Positive factors
- Proven Reserve
- JORC Compliant
- QP/CP Signed
- Cut-off Disclosed
Evidence · table
“6,615”
Context: Low Grade 0.2-0.5 g/t Au Proved
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
probableDokwe North · goldTonnes: 11932000Grade: 0.27Grade Unit: g/tContained Metal: 104200Contained Unit: ozView all detailsHide details
Identity
- Project
- Dokwe North
- Commodity
- gold
- Region
- zimbabwe
- Reported Region
- Zimbabwe
- Ticker
- AAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Alfred Gillman, Ruth Woodcock, Izak van Coller, Hovhannes Hovhannisyan, Richard John Siddle, Andrew Bamber, Daniel Van Heerdan
- Resource group id
- resource:d24daf2a8f878779a569
Resource Data
- Category
- probable
- Tonnes
- 11932000
- Grade
- 0.27
- Grade Unit
- g/t
- Contained Metal
- 104200
- Contained Unit
- oz
- Cutoff Grade
- 0.2
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-05-01
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This low-grade Probable Ore Reserve for Dokwe North contributes to the overall economic inventory, reported under JORC standards.
Positive factors
- Probable Reserve
- JORC Compliant
- QP/CP Signed
- Cut-off Disclosed
Evidence · table
“11,932”
Context: Low Grade 0.2-0.5 g/t Au Probable
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
provenDokwe North · goldTonnes: 20956000Grade: 0.87Grade Unit: g/tContained Metal: 589200Contained Unit: ozView all detailsHide details
Identity
- Project
- Dokwe North
- Commodity
- gold
- Region
- zimbabwe
- Reported Region
- Zimbabwe
- Ticker
- AAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Alfred Gillman, Ruth Woodcock, Izak van Coller, Hovhannes Hovhannisyan, Richard John Siddle, Andrew Bamber, Daniel Van Heerdan
- Resource group id
- resource:f660e321e1de8172f142
Resource Data
- Category
- proven
- Tonnes
- 20956000
- Grade
- 0.87
- Grade Unit
- g/t
- Contained Metal
- 589200
- Contained Unit
- oz
- Cutoff Grade
- 0.2
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-05-01
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: The total Proved Ore Reserve for Dokwe North is substantial, providing a high-confidence base for the project's economic assessment.
Positive factors
- Proven Reserve
- JORC Compliant
- QP/CP Signed
- Cut-off Disclosed
Evidence · table
“20,956”
Context: Grand Total Proved
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
probableDokwe North · goldTonnes: 24915000Grade: 0.68Grade Unit: g/tContained Metal: 546000Contained Unit: ozView all detailsHide details
Identity
- Project
- Dokwe North
- Commodity
- gold
- Region
- zimbabwe
- Reported Region
- Zimbabwe
- Ticker
- AAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Alfred Gillman, Ruth Woodcock, Izak van Coller, Hovhannes Hovhannisyan, Richard John Siddle, Andrew Bamber, Daniel Van Heerdan
- Resource group id
- resource:3a2997ce4f7bbb3ebcea
Resource Data
- Category
- probable
- Tonnes
- 24915000
- Grade
- 0.68
- Grade Unit
- g/t
- Contained Metal
- 546000
- Contained Unit
- oz
- Cutoff Grade
- 0.2
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-05-01
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: The total Probable Ore Reserve for Dokwe North is significant, adding to the economically viable material for the project.
Positive factors
- Probable Reserve
- JORC Compliant
- QP/CP Signed
- Cut-off Disclosed
Evidence · table
“24,915”
Context: Grand Total Probable
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Metallurgical Results (1)
feasibility-level testworkDokwe Gold Project · goldView all detailsHide details
Identity
- Project
- Dokwe Gold Project
- Commodity
- gold
- Region
- zimbabwe
- Reported Region
- Zimbabwe
- Ticker
- AAU
Test Work
- Program Status
- detailed
- Test Type
- feasibility-level testwork
- Sample
- eight tonnes of metallurgical testwork samples obtained from diamond drilling at Dokwe North and Central
Recovery
- Recovery Basis
- unspecified
Lab
- Laboratory
- Xinhai laboratory in Yantai, China
- Consultant
- Xinhai Mining Services
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: Feasibility-level metallurgical testwork is underway on a substantial eight-tonne sample from multiple domains, indicating significant progress in de-risking the project's processing route.
Positive factors
- Pilot Scale Complete
- Multi-Domain Tested
Evidence · text
“Delivery of eight tonnes of metallurgical testwork samples obtained from diamond drilling at Dokwe North and Central to the Xinhai laboratory in Yantai, China; feasibility-level metallurgical testwork underway.”
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.