LAT: Drilling Commences at KSB Project, Targeting Resource Growth
Original announcement by asx on
- Company
- Latitude 66 Limited
- Ticker
- LAT
- Exchange
- ASX
- Region
- Finland
- Primary commodity
- Gold
- Secondary commodities
- Cobalt
- Document categories
- Other, Resource update, Drill results
- Extracted
- 2026-10-13 22:28:21 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Latitude 66 Limited has commenced a 2,500m diamond drilling program at its KSB Gold-Cobalt Project in Finland, targeting large-scale resource growth opportunities near the K1 gold-cobalt deposit. The program aims to test high-priority targets supported by geological, structural, geophysical, and historical drilling data, with the potential to materially expand the existing 7.3Mt @ 2.7g/t Au and 0.08% Co Mineral Resource. This drilling is a key part of the company's broader strategy to grow its gold inventory and advance development opportunities alongside the KSB Prefeasibility Study.
Reasoning: A significant diamond drilling program has commenced at the KSB Gold-Cobalt Project, targeting substantial resource growth to support the ongoing PFS, but no new assay results are available in this release. The resource estimates presented are historical.
Positive factors
- Drilling program commenced
- High-priority targets identified with multiple supporting datasets
- Potential for material resource expansion
- Program linked to Prefeasibility Study (PFS)
- Competent Person's Statement for Exploration Results and Mineral Resources
Negative factors
- No new drill results reported in this announcement
- Resource estimates are historical (from April 2024)
Facts used in scoring: 17
Classification and evidence
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: The resource estimates are referenced from an ASX announcement dated April 26, 2024, making them over two years old relative to the current announcement date of October 14, 2026.
Evidence · text
“DCX ASX Announcement 26 Apr 2024”
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: The resource estimates are presented under a 'JORC Mineral Resource Statement' and the Competent Person's Statement refers to the '2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the “JORC Code”).'
Evidence · text
“KSB Project - JORC Mineral Resource Statement”
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 announcement includes a Competent Person's Statement for both Mineral Resources (Mr Brian Wolfe) and Exploration Results (Mr Toby Wellman), indicating sign-off by qualified professionals.
Evidence · text
“Competent Person's Statement”
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: Several resource categories are classified as 'Inferred', which is a speculative category with limited drilling and assumed geological continuity.
Evidence · table
“Inferred”
Context: 1200
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: A significant portion of the KSB and Laverton resources are classified as 'Indicated', indicating reasonable geological confidence based on adequate drilling.
Evidence · table
“Indicated”
Context: 4600
Step-Out Extensionpositive · Story-specific tag
Mineralization extended beyond the previously known limit.
Why it applies: The drilling program is designed to 'test large-scale resource extension targets immediately proximal to the K1 gold-cobalt deposit' and 'beyond the existing K1 Resource envelope'.
Evidence · text
“Drilling will test large-scale resource extension targets immediately proximal to the K1 gold-cobalt deposit”
Apparent Width Onlynegative · Story-specific tag
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Why it applies: The historical drill results are reported as downhole lengths (e.g., '5.6m @ 7.3g/t Au') without any mention of true width or drill orientation.
Evidence · text
“5.6m @ 7.3g/t Au”
Extracted facts
Stored fact records: 17. Some facts used in scoring do not have a stored record.
Drill Results (1)
Fact 1KSB · goldGrade: 2.6Grade Unit: g/tIntercept: 3.5 mHistorical resultNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- KSB
- Commodity
- gold
- Region
- finland
- Reported Region
- finland
- Ticker
- LAT
Geometry
- Grade
- 2.6
- Grade Unit
- g/t
- Intercept
- 3.5 m
Classification
- Program
- exploration
- Sample Type
- drill
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- drill_no_hole_id
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: This is a good historical gold intercept, providing support for the current drilling targets, but it is not a new result and true width is not stated.
Positive factors
- QP/CP Signed
Negative factors
- Historical result
- Apparent Width Only
Evidence · text
“3.5m @ 2.6g/t Au”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
Resource Estimates (16)
indicatedKSB · goldTonnes: 4600000Grade: 2.9Grade Unit: g/tContained Metal: 430000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- KSB
- Commodity
- gold
- Region
- finland
- Reported Region
- Finland
- Ticker
- LAT
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Brian Wolfe
- Resource group id
- resource:2349f893b10b9c7c9e8e
- Deposit or zone
- K1
Resource Data
- Category
- indicated
- Tonnes
- 4600000
- Grade
- 2.9
- Grade Unit
- g/t
- Contained Metal
- 430000
- Contained Unit
- oz
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2024-04-26T00:00:00.000Z
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: This is a substantial indicated gold resource for the K1 deposit, but it is a historical estimate.
Positive factors
- Indicated Resource
- JORC Compliant
- QP/CP Signed
Negative factors
- Stale Estimate
Evidence · table
“2.9”
Context: 4,600
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.5 years before this release
indicatedKSB · cobaltTonnes: 4600000Grade: 0.1Grade Unit: %Contained Metal: 4440Contained Unit: tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- KSB
- Commodity
- cobalt
- Region
- finland
- Reported Region
- Finland
- Ticker
- LAT
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Brian Wolfe
- Resource group id
- resource:2349f893b10b9c7c9e8e
- Deposit or zone
- K1
Resource Data
- Category
- indicated
- Tonnes
- 4600000
- Grade
- 0.1
- Grade Unit
- %
- Contained Metal
- 4440
- Contained Unit
- t
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2024-04-26T00:00:00.000Z
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: This is a substantial indicated cobalt resource for the K1 deposit, but it is a historical estimate.
Positive factors
- Indicated Resource
- JORC Compliant
- QP/CP Signed
Negative factors
- Stale Estimate
Evidence · table
“0.10”
Context: 4,600
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.5 years before this release
inferredKSB · goldTonnes: 1200000Grade: 2.1Grade Unit: g/tContained Metal: 80000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- KSB
- Commodity
- gold
- Region
- finland
- Reported Region
- Finland
- Ticker
- LAT
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Brian Wolfe
- Resource group id
- resource:44070f53e3874eefb28d
- Deposit or zone
- K1
Resource Data
- Category
- inferred
- Tonnes
- 1200000
- Grade
- 2.1
- Grade Unit
- g/t
- Contained Metal
- 80000
- Contained Unit
- oz
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2024-04-26T00:00:00.000Z
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: This is an inferred gold resource for the K1 deposit, which is a historical estimate.
Positive factors
- JORC Compliant
- QP/CP Signed
Negative factors
- Inferred Resource
- Stale Estimate
Evidence · table
“2.1”
Context: 1,200
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.5 years before this release
inferredKSB · cobaltTonnes: 1200000Grade: 0.05Grade Unit: %Contained Metal: 570Contained Unit: tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- KSB
- Commodity
- cobalt
- Region
- finland
- Reported Region
- Finland
- Ticker
- LAT
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Brian Wolfe
- Resource group id
- resource:44070f53e3874eefb28d
- Deposit or zone
- K1
Resource Data
- Category
- inferred
- Tonnes
- 1200000
- Grade
- 0.05
- Grade Unit
- %
- Contained Metal
- 570
- Contained Unit
- t
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2024-04-26T00:00:00.000Z
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: This is an inferred cobalt resource for the K1 deposit, which is a historical estimate.
Positive factors
- JORC Compliant
- QP/CP Signed
Negative factors
- Inferred Resource
- Stale Estimate
Evidence · table
“0.05”
Context: 1,200
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.5 years before this release
indicatedKSB · goldTonnes: 960000Grade: 3.2Grade Unit: g/tContained Metal: 100000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- KSB
- Commodity
- gold
- Region
- finland
- Reported Region
- Finland
- Ticker
- LAT
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Brian Wolfe
- Resource group id
- resource:5ff9476907260a121bb3
- Deposit or zone
- K2
Resource Data
- Category
- indicated
- Tonnes
- 960000
- Grade
- 3.2
- Grade Unit
- g/t
- Contained Metal
- 100000
- Contained Unit
- oz
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2024-04-26T00:00:00.000Z
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: This is an indicated gold resource for the K2 deposit, but it is a historical estimate.
Positive factors
- Indicated Resource
- JORC Compliant
- QP/CP Signed
Negative factors
- Stale Estimate
Evidence · table
“3.2”
Context: 960
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.5 years before this release
indicatedKSB · cobaltTonnes: 960000Grade: 0.05Grade Unit: %Contained Metal: 500Contained Unit: tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- KSB
- Commodity
- cobalt
- Region
- finland
- Reported Region
- Finland
- Ticker
- LAT
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Brian Wolfe
- Resource group id
- resource:5ff9476907260a121bb3
- Deposit or zone
- K2
Resource Data
- Category
- indicated
- Tonnes
- 960000
- Grade
- 0.05
- Grade Unit
- %
- Contained Metal
- 500
- Contained Unit
- t
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2024-04-26T00:00:00.000Z
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: This is an indicated cobalt resource for the K2 deposit, but it is a historical estimate.
Positive factors
- Indicated Resource
- JORC Compliant
- QP/CP Signed
Negative factors
- Stale Estimate
Evidence · table
“0.05”
Context: 960
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.5 years before this release
inferredKSB · goldTonnes: 90000Grade: 1.7Grade Unit: g/tContained Metal: 5000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- KSB
- Commodity
- gold
- Region
- finland
- Reported Region
- Finland
- Ticker
- LAT
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Brian Wolfe
- Resource group id
- resource:56ddada2c55bffa3a770
- Deposit or zone
- K2
Resource Data
- Category
- inferred
- Tonnes
- 90000
- Grade
- 1.7
- Grade Unit
- g/t
- Contained Metal
- 5000
- Contained Unit
- oz
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2024-04-26T00:00:00.000Z
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: This is an inferred gold resource for the K2 deposit, which is a historical estimate.
Positive factors
- JORC Compliant
- QP/CP Signed
Negative factors
- Inferred Resource
- Stale Estimate
Evidence · table
“1.7”
Context: 90
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.5 years before this release
inferredKSB · cobaltTonnes: 90000Grade: 0.05Grade Unit: %Contained Metal: 50Contained Unit: tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- KSB
- Commodity
- cobalt
- Region
- finland
- Reported Region
- Finland
- Ticker
- LAT
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Brian Wolfe
- Resource group id
- resource:56ddada2c55bffa3a770
- Deposit or zone
- K2
Resource Data
- Category
- inferred
- Tonnes
- 90000
- Grade
- 0.05
- Grade Unit
- %
- Contained Metal
- 50
- Contained Unit
- t
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2024-04-26T00:00:00.000Z
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: This is an inferred cobalt resource for the K2 deposit, which is a historical estimate.
Positive factors
- JORC Compliant
- QP/CP Signed
Negative factors
- Inferred Resource
- Stale Estimate
Evidence · table
“0.05”
Context: 90
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.5 years before this release
indicatedKSB · goldTonnes: 340000Grade: 2.2Grade Unit: g/tContained Metal: 24000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- KSB
- Commodity
- gold
- Region
- finland
- Reported Region
- Finland
- Ticker
- LAT
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Brian Wolfe
- Resource group id
- resource:4b1515520af92c0cda8e
- Deposit or zone
- K3
Resource Data
- Category
- indicated
- Tonnes
- 340000
- Grade
- 2.2
- Grade Unit
- g/t
- Contained Metal
- 24000
- Contained Unit
- oz
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2024-04-26T00:00:00.000Z
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: This is an indicated gold resource for the K3 deposit, but it is a historical estimate.
Positive factors
- Indicated Resource
- JORC Compliant
- QP/CP Signed
Negative factors
- Stale Estimate
Evidence · table
“2.2”
Context: 340
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.5 years before this release
indicatedKSB · cobaltTonnes: 340000Grade: 0.06Grade Unit: %Contained Metal: 210Contained Unit: tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- KSB
- Commodity
- cobalt
- Region
- finland
- Reported Region
- Finland
- Ticker
- LAT
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Brian Wolfe
- Resource group id
- resource:4b1515520af92c0cda8e
- Deposit or zone
- K3
Resource Data
- Category
- indicated
- Tonnes
- 340000
- Grade
- 0.06
- Grade Unit
- %
- Contained Metal
- 210
- Contained Unit
- t
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2024-04-26T00:00:00.000Z
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: This is an indicated cobalt resource for the K3 deposit, but it is a historical estimate.
Positive factors
- Indicated Resource
- JORC Compliant
- QP/CP Signed
Negative factors
- Stale Estimate
Evidence · table
“0.06”
Context: 340
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.5 years before this release
inferredKSB · goldTonnes: 120000Grade: 2Grade Unit: g/tContained Metal: 8000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- KSB
- Commodity
- gold
- Region
- finland
- Reported Region
- Finland
- Ticker
- LAT
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Brian Wolfe
- Resource group id
- resource:23ecd38136eaecc3b011
- Deposit or zone
- K3
Resource Data
- Category
- inferred
- Tonnes
- 120000
- Grade
- 2
- Grade Unit
- g/t
- Contained Metal
- 8000
- Contained Unit
- oz
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2024-04-26T00:00:00.000Z
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: This is an inferred gold resource for the K3 deposit, which is a historical estimate.
Positive factors
- JORC Compliant
- QP/CP Signed
Negative factors
- Inferred Resource
- Stale Estimate
Evidence · table
“2.0”
Context: 120
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.5 years before this release
inferredKSB · cobaltTonnes: 120000Grade: 0.06Grade Unit: %Contained Metal: 70Contained Unit: tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- KSB
- Commodity
- cobalt
- Region
- finland
- Reported Region
- Finland
- Ticker
- LAT
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Brian Wolfe
- Resource group id
- resource:23ecd38136eaecc3b011
- Deposit or zone
- K3
Resource Data
- Category
- inferred
- Tonnes
- 120000
- Grade
- 0.06
- Grade Unit
- %
- Contained Metal
- 70
- Contained Unit
- t
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2024-04-26T00:00:00.000Z
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: This is an inferred cobalt resource for the K3 deposit, which is a historical estimate.
Positive factors
- JORC Compliant
- QP/CP Signed
Negative factors
- Inferred Resource
- Stale Estimate
Evidence · table
“0.06”
Context: 120
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.5 years before this release
indicatedLaverton Gold Project · goldTonnes: 3880000Grade: 1Grade Unit: g/tContained Metal: 118000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Laverton Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- LAT
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Brian Wolfe
- Resource group id
- resource:1480f2ca9208c2581530
- Deposit or zone
- Tin Dog
Resource Data
- Category
- indicated
- Tonnes
- 3880000
- Grade
- 1
- Grade Unit
- g/t
- Contained Metal
- 118000
- Contained Unit
- oz
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2024-04-26T00:00:00.000Z
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: This is an indicated gold resource for the Tin Dog deposit, but it is a historical estimate.
Positive factors
- Indicated Resource
- JORC Compliant
- QP/CP Signed
Negative factors
- Stale Estimate
Evidence · table
“1.0”
Context: 3,880
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.5 years before this release
inferredLaverton Gold Project · goldTonnes: 6110000Grade: 1Grade Unit: g/tContained Metal: 180000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Laverton Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- LAT
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Brian Wolfe
- Resource group id
- resource:92b27012c231bf29e85c
- Deposit or zone
- Tin Dog
Resource Data
- Category
- inferred
- Tonnes
- 6110000
- Grade
- 1
- Grade Unit
- g/t
- Contained Metal
- 180000
- Contained Unit
- oz
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2024-04-26T00:00:00.000Z
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: This is an inferred gold resource for the Tin Dog deposit, which is a historical estimate.
Positive factors
- JORC Compliant
- QP/CP Signed
Negative factors
- Inferred Resource
- Stale Estimate
Evidence · table
“1.0”
Context: 6,110
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.5 years before this release
indicatedLaverton Gold Project · goldTonnes: 350000Grade: 1.5Grade Unit: g/tContained Metal: 17000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Laverton Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- LAT
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Brian Wolfe
- Resource group id
- resource:6144178873340bc611b5
- Deposit or zone
- Red Dog
Resource Data
- Category
- indicated
- Tonnes
- 350000
- Grade
- 1.5
- Grade Unit
- g/t
- Contained Metal
- 17000
- Contained Unit
- oz
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2024-04-26T00:00:00.000Z
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: This is an indicated gold resource for the Red Dog deposit, but it is a historical estimate.
Positive factors
- Indicated Resource
- JORC Compliant
- QP/CP Signed
Negative factors
- Stale Estimate
Evidence · table
“1.5”
Context: 350
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.5 years before this release
inferredLaverton Gold Project · goldTonnes: 360000Grade: 1.2Grade Unit: g/tContained Metal: 14000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Laverton Gold Project
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- LAT
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Brian Wolfe
- Resource group id
- resource:3bb0a9e02b7859d8c94e
- Deposit or zone
- Red Dog
Resource Data
- Category
- inferred
- Tonnes
- 360000
- Grade
- 1.2
- Grade Unit
- g/t
- Contained Metal
- 14000
- Contained Unit
- oz
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2024-04-26T00:00:00.000Z
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: This is an inferred gold resource for the Red Dog deposit, which is a historical estimate.
Positive factors
- JORC Compliant
- QP/CP Signed
Negative factors
- Inferred Resource
- Stale Estimate
Evidence · table
“1.2”
Context: 360
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.5 years before this release
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.