# LDR: Annual Report to shareholders Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03146381 Publisher: asx Original announcement: 2026-09-30T06:21:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-09-30T07:52:12.104Z Atlas analysis updated: 2026-09-30T07:52:12.104Z - Company: Lode Resources Ltd - Ticker: LDR - Exchange: ASX - Region: Tasmania - Primary commodity: Silver - Secondary commodities: Antimony, Tin, Copper, Lead, Zinc, Gold - Document categories: Resource update, Drill results, Capital raise, Metallurgy - Extracted: 2026-09-30 07:52:12 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Lode Resources Ltd reported a transformational year, highlighted by a maiden JORC Mineral Resource Estimate at its Montezuma Silver & Antimony Project in Tasmania, totaling 480kt at 533g/t AgEq for 8.2Moz AgEq, with 65% classified as Indicated. The company also announced new silver-zinc and tin-copper-silver discoveries at Montezuma, along with strong metallurgical recoveries and high-grade exploration results from other projects in Tasmania and New South Wales. A successful $4.5 million capital raise further strengthened the balance sheet to fund ongoing exploration and development studies. Reasoning: Lode Resources delivered a significant maiden JORC Mineral Resource Estimate for its flagship Montezuma project, made new high-grade discoveries, reported strong metallurgical recoveries, and completed a capital raise, positioning the company for future development and resource expansion. - Positive factor: Maiden JORC Mineral Resource Estimate for Montezuma project - Positive factor: High proportion of Indicated resource \(65%\) in maiden MRE - Positive factor: Discovery of new silver-zinc and tin-copper-silver mineralisation systems at Montezuma - Positive factor: Strong metallurgical recoveries for key metals at Montezuma - Positive factor: Successful capital raise strengthening balance sheet and funding future work - Positive factor: High-grade surface sample results from new acquisitions \(Silver Hills, Blocks East, Fahlore\) - Positive factor: Ongoing exploration success at New England Antimony and Uralla Gold projects - Negative factor: Individual metal grades for silver, antimony, lead, and copper are not reported for the Montezuma resource estimate, only a silver equivalent grade - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation Low confidence — this extraction should be reviewed alongside the original source. Facts used in scoring: 145 ## Classification and evidence **Mill Route** Polarity: neutral Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\). Why it applies: the document describes a flotation route \("flotation"\) ## Extracted facts Stored fact records: 145. Some facts used in scoring do not have a stored record. ## Drill Results (55) ### MZS42 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-drill-facts-5) Montezuma Silver & Antimony · zinc #### Identity - Hole ID: MZS42 - Project: Montezuma Silver & Antimony - Commodity: zinc - Region: australia\_tas - Reported Region: australia\_tas - Ticker: LDR #### Geometry - Grade: 6.2 - Grade Unit: % - Intercept: 6.4 m - True Width: 2.8 m #### Classification - Program: exploration - Sample Type: drill #### QA/QC - QP Signed: Yes #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: arsenic, antimony #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Drill hole MZS42 discovered a new high-grade silver-zinc mineralisation system at Montezuma, significantly expanding the project's resource growth potential with a good true width estimate. - Positive factor: Discovery of a new silver-zinc mineralisation system, opening new exploration avenues - Positive factor: High zinc grade \(6.2%\) over a significant width \(6.4m\) - Positive factor: True width estimate provided \(2.8m\), increasing confidence in geometry - Positive factor: Comparable to grades at world-class operations in the region - Negative factor: Presence of antimony and potential arsenic from mineralisation complexity Evidence · text > 6.40m @ 6.2% Zn #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 2.8 **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true ### MZS42 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-drill-facts-6) Montezuma Silver & Antimony · lead #### Identity - Hole ID: MZS42 - Project: Montezuma Silver & Antimony - Commodity: lead - Region: australia\_tas - Reported Region: australia\_tas - Ticker: LDR #### Geometry - Grade: 1.5 - Grade Unit: % - Intercept: 6.4 m - True Width: 2.8 m #### Classification - Program: exploration - Sample Type: drill #### QA/QC - QP Signed: Yes #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: arsenic, antimony #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Lead grades contribute positively to the newly discovered silver-zinc system, enhancing the polymetallic nature of the intercept. - Positive factor: Significant lead grade \(1.5%\) contributing to the new polymetallic discovery - Positive factor: True width estimate provided \(2.8m\) - Negative factor: Presence of antimony and potential arsenic from mineralisation complexity Evidence · text > 1.5% Pb #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 2.8 **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true ### MZS42 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-drill-facts-7) Montezuma Silver & Antimony · antimony #### Identity - Hole ID: MZS42 - Project: Montezuma Silver & Antimony - Commodity: antimony - Region: australia\_tas - Reported Region: australia\_tas - Ticker: LDR #### Geometry - Grade: 0.1 - Grade Unit: % - Intercept: 6.4 m - True Width: 2.8 m #### Classification - Program: exploration - Sample Type: drill #### QA/QC - QP Signed: Yes #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: arsenic, antimony #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: The presence of antimony in the new silver-zinc discovery further enhances the polymetallic nature of the Montezuma project. - Positive factor: Antimony presence \(0.1%\) in the new silver-zinc discovery adds to polymetallic potential - Positive factor: True width estimate provided \(2.8m\) - Negative factor: Presence of antimony and potential arsenic from mineralisation complexity Evidence · text > 0.1% Sb #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 2.8 **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true ### MZS42 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-drill-facts-8) Montezuma Silver & Antimony · silver #### Identity - Hole ID: MZS42 - Project: Montezuma Silver & Antimony - Commodity: silver - Region: australia\_tas - Reported Region: australia\_tas - Ticker: LDR #### Geometry - Grade: 43 - Grade Unit: g/t - Intercept: 6.4 m - True Width: 2.8 m #### Classification - Program: exploration - Sample Type: drill #### QA/QC - QP Signed: Yes #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: arsenic, antimony #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Silver grades in the new silver-zinc discovery are encouraging and contribute to the overall polymetallic potential of the Montezuma project. - Positive factor: Silver grade \(43 g/t\) in the new silver-zinc discovery adds to polymetallic potential - Positive factor: True width estimate provided \(2.8m\) - Negative factor: Presence of antimony and potential arsenic from mineralisation complexity Evidence · text > 43g/t Ag #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 2.8 **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true ### MZS42 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-drill-facts-9) Montezuma Silver & Antimony · gold #### Identity - Hole ID: MZS42 - Project: Montezuma Silver & Antimony - Commodity: gold - Region: australia\_tas - Reported Region: australia\_tas - Ticker: LDR #### Geometry - Grade: 0.1 - Grade Unit: g/t - Intercept: 6.4 m - True Width: 2.8 m #### Classification - Program: exploration - Sample Type: drill #### QA/QC - QP Signed: Yes #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: arsenic, antimony #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Trace gold grades in the new silver-zinc discovery add to the polymetallic nature of the Montezuma project. - Positive factor: Gold presence \(0.1 g/t\) in the new silver-zinc discovery adds to polymetallic potential - Positive factor: True width estimate provided \(2.8m\) - Negative factor: Presence of antimony and potential arsenic from mineralisation complexity Evidence · text > 0.1g/t Au #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 2.8 **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true ### MZS43 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-drill-facts-10) Montezuma Silver & Antimony · tin #### Identity - Hole ID: MZS43 - Project: Montezuma Silver & Antimony - Commodity: tin - Region: australia\_tas - Reported Region: australia\_tas - Ticker: LDR #### Geometry - Grade: 7.3 - Grade Unit: % - Intercept: 0.5 m - From: 133.5 m - To: 134 m - Hole Depth: 133.5 m - Intercept Depth: 133.5 m #### Classification - Program: exploration - Sample Type: drill - Group ID: MZS43:133.5-134 #### QA/QC - QP Signed: Yes #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: arsenic, antimony #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: A very high-grade tin intercept from the newly discovered Moores Lode significantly enhances the polymetallic potential of the Montezuma project. - Positive factor: Very high-grade tin \(7.3%\) over a narrow interval, indicating bonanza potential - Positive factor: Discovery of the new Moores Lode, expanding mineralisation footprint - Positive factor: Intercept from drilling designed to test hanging wall stratigraphy, confirming new targets - Negative factor: Narrow intercept length \(0.5m\) - Negative factor: Presence of antimony and potential arsenic from mineralisation complexity Evidence · table > 7.3 Context: 0.5 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true ### MZS43 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-drill-facts-11) Montezuma Silver & Antimony · gold #### Identity - Hole ID: MZS43 - Project: Montezuma Silver & Antimony - Commodity: gold - Region: australia\_tas - Reported Region: australia\_tas - Ticker: LDR #### Geometry - Grade: 0.7 - Grade Unit: ppm - Intercept: 0.5 m - From: 134 m - To: 134.5 m - Hole Depth: 133.5 m - Intercept Depth: 134 m #### Classification - Program: exploration - Sample Type: drill - Group ID: MZS43:134-134.5 #### QA/QC - QP Signed: Yes #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: arsenic, antimony #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Gold grades in the newly discovered Moores Lode contribute to the polymetallic nature of the Montezuma project. - Positive factor: Gold presence \(0.70 ppm\) in the new Moores Lode adds to polymetallic potential - Positive factor: Discovery of the new Moores Lode, expanding mineralisation footprint - Negative factor: Narrow intercept length \(0.5m\) - Negative factor: Presence of antimony and potential arsenic from mineralisation complexity Evidence · table > 0.70 Context: 0.5 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true ### MZS43 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-drill-facts-12) Montezuma Silver & Antimony · tin #### Identity - Hole ID: MZS43 - Project: Montezuma Silver & Antimony - Commodity: tin - Region: australia\_tas - Reported Region: australia\_tas - Ticker: LDR #### Geometry - Grade: 3.7 - Grade Unit: % - Intercept: 1 m - From: 133.5 m - To: 134.5 m - Hole Depth: 133.5 m - Intercept Depth: 133.5 m #### Classification - Program: exploration - Sample Type: drill - Group ID: MZS43:133.5-134.5 #### QA/QC - QP Signed: Yes #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: arsenic, antimony #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: A high-grade tin intercept from the new Moores Lode confirms significant polymetallic potential at Montezuma. - Positive factor: High-grade tin \(3.7%\) over a 1.0m interval from the new Moores Lode - Positive factor: Discovery of the new Moores Lode, expanding mineralisation footprint - Negative factor: Presence of antimony and potential arsenic from mineralisation complexity Evidence · table > 3.7 Context: 1.0 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true ### MAG010 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-drill-facts-98) Magwood Antimony · antimony #### Identity - Hole ID: MAG010 - Project: Magwood Antimony - Commodity: antimony - Region: australia\_nsw - Reported Region: australia\_nsw - Ticker: LDR #### Geometry - Grade: 9.92 - Grade Unit: % - Intercept: 4.8 m #### Classification - Program: exploration - Sample Type: drill #### QA/QC - QP Signed: Yes #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: antimony #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: The first drilling program at Magwood returned very high-grade antimony intercepts, indicating significant unmined potential at this historic producer. - Positive factor: Very high-grade antimony \(9.92%\) over a significant width \(4.8m\) - Positive factor: First drilling program at historic Magwood mine, indicating high novelty - Positive factor: Potential for significant unmined in situ antimony vein style mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · text > 9.92% Sb over 4.8m in drill hole MAG010 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true ### MAG010 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-drill-facts-99) Magwood Antimony · antimony #### Identity - Hole ID: MAG010 - Project: Magwood Antimony - Commodity: antimony - Region: australia\_nsw - Reported Region: australia\_nsw - Ticker: LDR #### Geometry - Grade: 19.61 - Grade Unit: % - Intercept: 2.4 m #### Classification - Program: exploration - Sample Type: drill #### QA/QC - QP Signed: Yes #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: antimony #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: An exceptional high-grade antimony sub-interval from the first drilling at Magwood highlights bonanza potential. - Positive factor: Exceptional high-grade antimony \(19.61%\) over a good width \(2.4m\) - Positive factor: First drilling program at historic Magwood mine, indicating high novelty - Positive factor: Potential for significant unmined in situ antimony vein style mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · text > incl. 19.61% Sb over 2.4m in drill hole MAG010 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true ### MAG010 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-drill-facts-100) Magwood Antimony · antimony #### Identity - Hole ID: MAG010 - Project: Magwood Antimony - Commodity: antimony - Region: australia\_nsw - Reported Region: australia\_nsw - Ticker: LDR #### Geometry - Grade: 28.57 - Grade Unit: % - Intercept: 1.3 m #### Classification - Program: exploration - Sample Type: drill #### QA/QC - QP Signed: Yes #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: antimony #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: An exceptional high-grade antimony sub-interval from the first drilling at Magwood highlights bonanza potential. - Positive factor: Exceptional high-grade antimony \(28.57%\) over a good width \(1.3m\) - Positive factor: First drilling program at historic Magwood mine, indicating high novelty - Positive factor: Potential for significant unmined in situ antimony vein style mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · text > incl. 28.57% Sb over 1.3m in drill hole MAG010 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true ### MAG010 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-drill-facts-101) Magwood Antimony · antimony #### Identity - Hole ID: MAG010 - Project: Magwood Antimony - Commodity: antimony - Region: australia\_nsw - Reported Region: australia\_nsw - Ticker: LDR #### Geometry - Grade: 1.96 - Grade Unit: % - Intercept: 3 m #### Classification - Program: exploration - Sample Type: drill #### QA/QC - QP Signed: Yes #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: antimony #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: High-grade antimony intercepts from the first drilling at Magwood indicate significant potential. - Positive factor: High-grade antimony \(1.96%\) over a good width \(3.0m\) - Positive factor: First drilling program at historic Magwood mine, indicating high novelty - Negative factor: Presence of antimony, which can be a penalty element Evidence · text > 1.96% Sb over 3.0m in drill hole MAG010 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true ### MAG010 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-drill-facts-102) Magwood Antimony · antimony #### Identity - Hole ID: MAG010 - Project: Magwood Antimony - Commodity: antimony - Region: australia\_nsw - Reported Region: australia\_nsw - Ticker: LDR #### Geometry - Grade: 16.6 - Grade Unit: % - Intercept: 0.3 m #### Classification - Program: exploration - Sample Type: drill #### QA/QC - QP Signed: Yes #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: antimony #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: An exceptional high-grade antimony sub-interval from the first drilling at Magwood highlights bonanza potential. - Positive factor: Exceptional high-grade antimony \(16.60%\) over a narrow interval - Positive factor: First drilling program at historic Magwood mine, indicating high novelty - Negative factor: Narrow intercept length \(0.3m\) - Negative factor: Presence of antimony, which can be a penalty element Evidence · text > incl. 16.60% Sb over 0.3m in drill hole MAG010 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true ### MAG010 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-drill-facts-103) Magwood Antimony · antimony #### Identity - Hole ID: MAG010 - Project: Magwood Antimony - Commodity: antimony - Region: australia\_nsw - Reported Region: australia\_nsw - Ticker: LDR #### Geometry - Grade: 2.2 - Grade Unit: % - Intercept: 1.9 m #### Classification - Program: exploration - Sample Type: drill #### QA/QC - QP Signed: Yes #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: antimony #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: High-grade antimony intercepts from the first drilling at Magwood indicate significant potential. - Positive factor: High-grade antimony \(2.20%\) over a narrow interval - Positive factor: First drilling program at historic Magwood mine, indicating high novelty - Negative factor: Presence of antimony, which can be a penalty element Evidence · text > 2.20% Sb over 1.9m in drill hole MAG010 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true ### MAG008 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-drill-facts-104) Magwood Antimony · antimony #### Identity - Hole ID: MAG008 - Project: Magwood Antimony - Commodity: antimony - Region: australia\_nsw - Reported Region: australia\_nsw - Ticker: LDR #### Geometry - Grade: 19.2 - Grade Unit: % - Intercept: 0.2 m #### Classification - Program: exploration - Sample Type: drill #### QA/QC - QP Signed: Yes #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: antimony #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: An exceptional high-grade antimony intercept from the first drilling at Magwood highlights bonanza potential. - Positive factor: Exceptional high-grade antimony \(19.20%\) over a very narrow interval - Positive factor: First drilling program at historic Magwood mine, indicating high novelty - Negative factor: Very narrow intercept length \(0.2m\) - Negative factor: Presence of antimony, which can be a penalty element Evidence · text > 19.20% Sb over 0.2m in drill hole MAG008 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true ### MAG007 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-drill-facts-105) Magwood Antimony · antimony #### Identity - Hole ID: MAG007 - Project: Magwood Antimony - Commodity: antimony - Region: australia\_nsw - Reported Region: australia\_nsw - Ticker: LDR #### Geometry - Grade: 1.28 - Grade Unit: % - Intercept: 0.9 m #### Classification - Program: exploration - Sample Type: drill #### QA/QC - QP Signed: Yes #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: antimony #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: High-grade antimony intercepts from the first drilling at Magwood indicate significant potential. - Positive factor: High-grade antimony \(1.28%\) over a narrow interval - Positive factor: First drilling program at historic Magwood mine, indicating high novelty - Negative factor: Presence of antimony, which can be a penalty element Evidence · text > 1.28% Sb over 0.9m in drill hole MAG007 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true ### RKA003 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-drill-facts-106) Rock Abbey Antimony Prospect · antimony #### Identity - Hole ID: RKA003 - Project: Rock Abbey Antimony Prospect - Commodity: antimony - Region: australia\_nsw - Reported Region: australia\_nsw - Ticker: LDR #### Geometry - Grade: 1.31 - Grade Unit: % - Intercept: 2 m - From: 32 m - To: 34 m - Intercept Depth: 32 m #### Classification - Program: exploration - Sample Type: drill - Group ID: RKA003:32-34 #### QA/QC - QP Signed: Yes #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: antimony #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: First pass drilling at Rock Abbey returned high-grade antimony, indicating significant exploration potential. - Positive factor: High-grade antimony \(1.31%\) over a good width \(2.0m\) - Positive factor: First pass drilling program, indicating high novelty - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 1.31 Context: 2.0 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true ### RKA003 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-drill-facts-107) Rock Abbey Antimony Prospect · antimony #### Identity - Hole ID: RKA003 - Project: Rock Abbey Antimony Prospect - Commodity: antimony - Region: australia\_nsw - Reported Region: australia\_nsw - Ticker: LDR #### Geometry - Grade: 2.22 - Grade Unit: % - Intercept: 1 m - From: 32 m - To: 33 m - Intercept Depth: 32 m #### Classification - Program: exploration - Sample Type: drill - Group ID: RKA003:32-33 #### QA/QC - QP Signed: Yes #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: antimony #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: A high-grade antimony sub-interval from first pass drilling at Rock Abbey highlights good potential. - Positive factor: High-grade antimony \(2.22%\) over a narrow interval - Positive factor: First pass drilling program, indicating high novelty - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 2.22 Context: 1.0 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true ### RKA005 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-drill-facts-108) Rock Abbey Antimony Prospect · antimony #### Identity - Hole ID: RKA005 - Project: Rock Abbey Antimony Prospect - Commodity: antimony - Region: australia\_nsw - Reported Region: australia\_nsw - Ticker: LDR #### Geometry - Grade: 0.3 - Grade Unit: % - Intercept: 2 m - From: 39 m - To: 41 m - Intercept Depth: 39 m #### Classification - Program: exploration - Sample Type: drill - Group ID: RKA005:39-41 #### QA/QC - QP Signed: Yes #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: antimony #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: First pass drilling at Rock Abbey returned lower-grade antimony, but confirms mineralisation. - Positive factor: Antimony presence \(0.30%\) over a good width \(2.0m\) - Positive factor: First pass drilling program, indicating high novelty - Negative factor: Lower grade antimony - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 0.30 Context: 2.0 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true ### RKA005 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-drill-facts-109) Rock Abbey Antimony Prospect · antimony #### Identity - Hole ID: RKA005 - Project: Rock Abbey Antimony Prospect - Commodity: antimony - Region: australia\_nsw - Reported Region: australia\_nsw - Ticker: LDR #### Geometry - Grade: 0.42 - Grade Unit: % - Intercept: 1 m - From: 39 m - To: 40 m - Intercept Depth: 39 m #### Classification - Program: exploration - Sample Type: drill - Group ID: RKA005:39-40 #### QA/QC - QP Signed: Yes #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: antimony #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: A lower-grade antimony sub-interval from first pass drilling at Rock Abbey confirms mineralisation. - Positive factor: Antimony presence \(0.42%\) over a narrow interval - Positive factor: First pass drilling program, indicating high novelty - Negative factor: Lower grade antimony - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 0.42 Context: 1.0 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true ### RKA014 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-drill-facts-110) Rock Abbey Antimony Prospect · antimony #### Identity - Hole ID: RKA014 - Project: Rock Abbey Antimony Prospect - Commodity: antimony - Region: australia\_nsw - Reported Region: australia\_nsw - Ticker: LDR #### Geometry - Grade: 0.96 - Grade Unit: % - Intercept: 2 m - From: 49 m - To: 51 m - Intercept Depth: 49 m #### Classification - Program: exploration - Sample Type: drill - Group ID: RKA014:49-51 #### QA/QC - QP Signed: Yes #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: antimony #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: First pass drilling at Rock Abbey returned antimony grades, confirming mineralisation. - Positive factor: Antimony presence \(0.96%\) over a good width \(2.0m\) - Positive factor: First pass drilling program, indicating high novelty - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 0.96 Context: 2.0 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true ### RKA014 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-drill-facts-111) Rock Abbey Antimony Prospect · antimony #### Identity - Hole ID: RKA014 - Project: Rock Abbey Antimony Prospect - Commodity: antimony - Region: australia\_nsw - Reported Region: australia\_nsw - Ticker: LDR #### Geometry - Grade: 1.72 - Grade Unit: % - Intercept: 1 m - From: 49 m - To: 50 m - Intercept Depth: 49 m #### Classification - Program: exploration - Sample Type: drill - Group ID: RKA014:49-50 #### QA/QC - QP Signed: Yes #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: antimony #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: A high-grade antimony sub-interval from first pass drilling at Rock Abbey highlights good potential. - Positive factor: High-grade antimony \(1.72%\) over a narrow interval - Positive factor: First pass drilling program, indicating high novelty - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 1.72 Context: 1.0 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true ### RKA015 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-drill-facts-112) Rock Abbey Antimony Prospect · antimony #### Identity - Hole ID: RKA015 - Project: Rock Abbey Antimony Prospect - Commodity: antimony - Region: australia\_nsw - Reported Region: australia\_nsw - Ticker: LDR #### Geometry - Grade: 3.15 - Grade Unit: % - Intercept: 2 m - From: 59 m - To: 61 m - Intercept Depth: 59 m #### Classification - Program: exploration - Sample Type: drill - Group ID: RKA015:59-61 #### QA/QC - QP Signed: Yes #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: antimony #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: First pass drilling at Rock Abbey returned high-grade antimony, indicating significant exploration potential. - Positive factor: High-grade antimony \(3.15%\) over a good width \(2.0m\) - Positive factor: First pass drilling program, indicating high novelty - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 3.15 Context: 2.0 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true ### RKA015 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-drill-facts-113) Rock Abbey Antimony Prospect · antimony #### Identity - Hole ID: RKA015 - Project: Rock Abbey Antimony Prospect - Commodity: antimony - Region: australia\_nsw - Reported Region: australia\_nsw - Ticker: LDR #### Geometry - Grade: 6.18 - Grade Unit: % - Intercept: 1 m - From: 59 m - To: 60 m - Intercept Depth: 59 m #### Classification - Program: exploration - Sample Type: drill - Group ID: RKA015:59-60 #### QA/QC - QP Signed: Yes #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: antimony #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: A very high-grade antimony sub-interval from first pass drilling at Rock Abbey highlights strong potential. - Positive factor: Very high-grade antimony \(6.18%\) over a narrow interval - Positive factor: First pass drilling program, indicating high novelty - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 6.18 Context: 1.0 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true ### RKA016 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-drill-facts-114) Rock Abbey Antimony Prospect · antimony #### Identity - Hole ID: RKA016 - Project: Rock Abbey Antimony Prospect - Commodity: antimony - Region: australia\_nsw - Reported Region: australia\_nsw - Ticker: LDR #### Geometry - Grade: 0.19 - Grade Unit: % - Intercept: 1 m - From: 71 m - To: 72 m - Intercept Depth: 71 m #### Classification - Program: exploration - Sample Type: drill - Group ID: RKA016:71-72 #### QA/QC - QP Signed: Yes #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: antimony #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: First pass drilling at Rock Abbey returned lower-grade antimony, but confirms mineralisation. - Positive factor: Antimony presence \(0.19%\) over a narrow interval - Positive factor: First pass drilling program, indicating high novelty - Negative factor: Lower grade antimony - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 0.19 Context: 1.0 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true ### KTN018 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-drill-facts-115) Uralla West · gold #### Identity - Hole ID: KTN018 - Project: Uralla West - Commodity: gold - Region: australia\_nsw - Reported Region: australia\_nsw - Ticker: LDR #### Geometry - Grade: 1 - Grade Unit: g/t - Intercept: 9 m - From: 24 m - To: 33 m - Intercept Depth: 24 m #### Classification - Program: exploration - Sample Type: drill - Group ID: KTN018:24-33 #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Drill hole KTN018 returned moderate gold grades over a significant width, supporting the IRGS model at Uralla. - Positive factor: Moderate gold grade \(1.0 g/t\) over a significant width \(9.0m\) - Positive factor: Consistent with IRGS deposit model, suggesting potential for larger system Evidence · table > 1.00 Context: 9.0 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### KTN018 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-drill-facts-116) Uralla West · gold #### Identity - Hole ID: KTN018 - Project: Uralla West - Commodity: gold - Region: australia\_nsw - Reported Region: australia\_nsw - Ticker: LDR #### Geometry - Grade: 1.92 - Grade Unit: g/t - Intercept: 2 m - From: 31 m - To: 33 m - Intercept Depth: 31 m #### Classification - Program: exploration - Sample Type: drill - Group ID: KTN018:31-33 #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: A strong gold sub-interval from KTN018 further supports the IRGS model at Uralla. - Positive factor: Strong gold grade \(1.92 g/t\) over a narrow interval - Positive factor: Consistent with IRGS deposit model, suggesting potential for larger system Evidence · table > 1.92 Context: 2.0 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### KTN023 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-drill-facts-117) Uralla West · gold #### Identity - Hole ID: KTN023 - Project: Uralla West - Commodity: gold - Region: australia\_nsw - Reported Region: australia\_nsw - Ticker: LDR #### Geometry - Grade: 1.22 - Grade Unit: g/t - Intercept: 6 m - From: 26 m - To: 32 m - Intercept Depth: 26 m #### Classification - Program: exploration - Sample Type: drill - Group ID: KTN023:26-32 #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Drill hole KTN023 returned moderate gold grades over a good width, supporting the IRGS model at Uralla. - Positive factor: Moderate gold grade \(1.22 g/t\) over a good width \(6.0m\) - Positive factor: Consistent with IRGS deposit model, suggesting potential for larger system Evidence · table > 1.22 Context: 6.0 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### KTN023 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-drill-facts-118) Uralla West · gold #### Identity - Hole ID: KTN023 - Project: Uralla West - Commodity: gold - Region: australia\_nsw - Reported Region: australia\_nsw - Ticker: LDR #### Geometry - Grade: 2.11 - Grade Unit: g/t - Intercept: 3 m - From: 28 m - To: 31 m - Intercept Depth: 28 m #### Classification - Program: exploration - Sample Type: drill - Group ID: KTN023:28-31 #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: A strong gold sub-interval from KTN023 further supports the IRGS model at Uralla. - Positive factor: Strong gold grade \(2.11 g/t\) over a good width \(3.0m\) - Positive factor: Consistent with IRGS deposit model, suggesting potential for larger system Evidence · table > 2.11 Context: 3.0 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### KTN027A [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-drill-facts-119) Uralla West · gold #### Identity - Hole ID: KTN027A - Project: Uralla West - Commodity: gold - Region: australia\_nsw - Reported Region: australia\_nsw - Ticker: LDR #### Geometry - Grade: 3.35 - Grade Unit: g/t - Intercept: 2 m - From: 30 m - To: 32 m - Intercept Depth: 30 m #### Classification - Program: exploration - Sample Type: drill - Group ID: KTN027A:30-32 #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Drill hole KTN027A returned strong gold grades over a good width, supporting the IRGS model at Uralla. - Positive factor: Strong gold grade \(3.35 g/t\) over a good width \(2.0m\) - Positive factor: Consistent with IRGS deposit model, suggesting potential for larger system Evidence · table > 3.35 Context: 2.0 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### KTN025 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-drill-facts-120) Uralla West · gold #### Identity - Hole ID: KTN025 - Project: Uralla West - Commodity: gold - Region: australia\_nsw - Reported Region: australia\_nsw - Ticker: LDR #### Geometry - Grade: 1.51 - Grade Unit: g/t - Intercept: 4 m - From: 16 m - To: 20 m - Intercept Depth: 16 m #### Classification - Program: exploration - Sample Type: drill - Group ID: KTN025:16-20 #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Drill hole KTN025 returned moderate gold grades over a good width, supporting the IRGS model at Uralla. - Positive factor: Moderate gold grade \(1.51 g/t\) over a good width \(4.0m\) - Positive factor: Consistent with IRGS deposit model, suggesting potential for larger system Evidence · table > 1.51 Context: 4.0 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### KTN025 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-drill-facts-121) Uralla West · gold #### Identity - Hole ID: KTN025 - Project: Uralla West - Commodity: gold - Region: australia\_nsw - Reported Region: australia\_nsw - Ticker: LDR #### Geometry - Grade: 2.53 - Grade Unit: g/t - Intercept: 2 m - From: 17 m - To: 19 m - Intercept Depth: 17 m #### Classification - Program: exploration - Sample Type: drill - Group ID: KTN025:17-19 #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: A strong gold sub-interval from KTN025 further supports the IRGS model at Uralla. - Positive factor: Strong gold grade \(2.53 g/t\) over a good width \(2.0m\) - Positive factor: Consistent with IRGS deposit model, suggesting potential for larger system Evidence · table > 2.53 Context: 2.0 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### KTN021 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-drill-facts-122) Uralla West · gold #### Identity - Hole ID: KTN021 - Project: Uralla West - Commodity: gold - Region: australia\_nsw - Reported Region: australia\_nsw - Ticker: LDR #### Geometry - Grade: 0.57 - Grade Unit: g/t - Intercept: 10 m - From: 27 m - To: 37 m - Intercept Depth: 27 m #### Classification - Program: exploration - Sample Type: drill - Group ID: KTN021:27-37 #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Drill hole KTN021 returned weak gold grades over a significant width, supporting the IRGS model at Uralla. - Positive factor: Weak gold grade \(0.57 g/t\) over a significant width \(10.0m\) - Positive factor: Consistent with IRGS deposit model, suggesting potential for larger system Evidence · table > 0.57 Context: 10.0 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### KTN021 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-drill-facts-123) Uralla West · gold #### Identity - Hole ID: KTN021 - Project: Uralla West - Commodity: gold - Region: australia\_nsw - Reported Region: australia\_nsw - Ticker: LDR #### Geometry - Grade: 1 - Grade Unit: g/t - Intercept: 5 m - From: 32 m - To: 37 m - Intercept Depth: 32 m #### Classification - Program: exploration - Sample Type: drill - Group ID: KTN021:32-37 #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: A moderate gold sub-interval from KTN021 further supports the IRGS model at Uralla. - Positive factor: Moderate gold grade \(1.0 g/t\) over a good width \(5.0m\) - Positive factor: Consistent with IRGS deposit model, suggesting potential for larger system Evidence · table > 1.00 Context: 5.0 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### KTN031A [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-drill-facts-124) Uralla West · gold #### Identity - Hole ID: KTN031A - Project: Uralla West - Commodity: gold - Region: australia\_nsw - Reported Region: australia\_nsw - Ticker: LDR #### Geometry - Grade: 1.02 - Grade Unit: g/t - Intercept: 5 m - From: 20 m - To: 25 m - Intercept Depth: 20 m #### Classification - Program: exploration - Sample Type: drill - Group ID: KTN031A:20-25 #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Drill hole KTN031A returned moderate gold grades over a good width, supporting the IRGS model at Uralla. - Positive factor: Moderate gold grade \(1.02 g/t\) over a good width \(5.0m\) - Positive factor: Consistent with IRGS deposit model, suggesting potential for larger system Evidence · table > 1.02 Context: 5.0 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### KTN026A [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-drill-facts-125) Uralla West · gold #### Identity - Hole ID: KTN026A - Project: Uralla West - Commodity: gold - Region: australia\_nsw - Reported Region: australia\_nsw - Ticker: LDR #### Geometry - Grade: 0.72 - Grade Unit: g/t - Intercept: 6 m - From: 58 m - To: 64 m - Intercept Depth: 58 m #### Classification - Program: exploration - Sample Type: drill - Group ID: KTN026A:58-64 #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Drill hole KTN026A returned weak gold grades over a good width, supporting the IRGS model at Uralla. - Positive factor: Weak gold grade \(0.72 g/t\) over a good width \(6.0m\) - Positive factor: Consistent with IRGS deposit model, suggesting potential for larger system Evidence · table > 0.72 Context: 6.0 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### KTN026A [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-drill-facts-126) Uralla West · gold #### Identity - Hole ID: KTN026A - Project: Uralla West - Commodity: gold - Region: australia\_nsw - Reported Region: australia\_nsw - Ticker: LDR #### Geometry - Grade: 3.19 - Grade Unit: g/t - Intercept: 1 m - From: 63 m - To: 64 m - Intercept Depth: 63 m #### Classification - Program: exploration - Sample Type: drill - Group ID: KTN026A:63-64 #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: A strong gold sub-interval from KTN026A further supports the IRGS model at Uralla. - Positive factor: Strong gold grade \(3.19 g/t\) over a narrow interval - Positive factor: Consistent with IRGS deposit model, suggesting potential for larger system Evidence · table > 3.19 Context: 1.0 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### KTN017B [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-drill-facts-127) Uralla West · gold #### Identity - Hole ID: KTN017B - Project: Uralla West - Commodity: gold - Region: australia\_nsw - Reported Region: australia\_nsw - Ticker: LDR #### Geometry - Grade: 0.9 - Grade Unit: g/t - Intercept: 4 m - From: 46 m - To: 50 m - Intercept Depth: 46 m #### Classification - Program: exploration - Sample Type: drill - Group ID: KTN017B:46-50 #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Drill hole KTN017B returned weak gold grades over a good width, supporting the IRGS model at Uralla. - Positive factor: Weak gold grade \(0.90 g/t\) over a good width \(4.0m\) - Positive factor: Consistent with IRGS deposit model, suggesting potential for larger system Evidence · table > 0.90 Context: 4.0 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### KTN017B [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-drill-facts-128) Uralla West · gold #### Identity - Hole ID: KTN017B - Project: Uralla West - Commodity: gold - Region: australia\_nsw - Reported Region: australia\_nsw - Ticker: LDR #### Geometry - Grade: 1.55 - Grade Unit: g/t - Intercept: 2 m - From: 46 m - To: 48 m - Intercept Depth: 46 m #### Classification - Program: exploration - Sample Type: drill - Group ID: KTN017B:46-48 #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: A moderate gold sub-interval from KTN017B further supports the IRGS model at Uralla. - Positive factor: Moderate gold grade \(1.55 g/t\) over a good width \(2.0m\) - Positive factor: Consistent with IRGS deposit model, suggesting potential for larger system Evidence · table > 1.55 Context: 2.0 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### KTN036 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-drill-facts-129) Uralla West · gold #### Identity - Hole ID: KTN036 - Project: Uralla West - Commodity: gold - Region: australia\_nsw - Reported Region: australia\_nsw - Ticker: LDR #### Geometry - Grade: 0.31 - Grade Unit: g/t - Intercept: 11 m - From: 7 m - To: 18 m - Intercept Depth: 7 m #### Classification - Program: exploration - Sample Type: drill - Group ID: KTN036:7-18 #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Drill hole KTN036 returned weak gold grades over a significant width, supporting the IRGS model at Uralla. - Positive factor: Weak gold grade \(0.31 g/t\) over a significant width \(11.0m\) - Positive factor: Consistent with IRGS deposit model, suggesting potential for larger system Evidence · table > 0.31 Context: 11.0 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### KTN036 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-drill-facts-130) Uralla West · gold #### Identity - Hole ID: KTN036 - Project: Uralla West - Commodity: gold - Region: australia\_nsw - Reported Region: australia\_nsw - Ticker: LDR #### Geometry - Grade: 0.57 - Grade Unit: g/t - Intercept: 4 m - From: 13 m - To: 17 m - Intercept Depth: 13 m #### Classification - Program: exploration - Sample Type: drill - Group ID: KTN036:13-17 #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: A weak gold sub-interval from KTN036 further supports the IRGS model at Uralla. - Positive factor: Weak gold grade \(0.57 g/t\) over a good width \(4.0m\) - Positive factor: Consistent with IRGS deposit model, suggesting potential for larger system Evidence · table > 0.57 Context: 4.0 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### KTN027B [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-drill-facts-131) Uralla West · gold #### Identity - Hole ID: KTN027B - Project: Uralla West - Commodity: gold - Region: australia\_nsw - Reported Region: australia\_nsw - Ticker: LDR #### Geometry - Grade: 0.5 - Grade Unit: g/t - Intercept: 5 m - From: 64 m - To: 69 m - Intercept Depth: 64 m #### Classification - Program: exploration - Sample Type: drill - Group ID: KTN027B:64-69 #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Drill hole KTN027B returned weak gold grades over a good width, supporting the IRGS model at Uralla. - Positive factor: Weak gold grade \(0.50 g/t\) over a good width \(5.0m\) - Positive factor: Consistent with IRGS deposit model, suggesting potential for larger system Evidence · table > 0.50 Context: 5.0 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### KTN030 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-drill-facts-132) Uralla West · gold #### Identity - Hole ID: KTN030 - Project: Uralla West - Commodity: gold - Region: australia\_nsw - Reported Region: australia\_nsw - Ticker: LDR #### Geometry - Grade: 0.41 - Grade Unit: g/t - Intercept: 6 m - From: 74 m - To: 80 m - Intercept Depth: 74 m #### Classification - Program: exploration - Sample Type: drill - Group ID: KTN030:74-80 #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Drill hole KTN030 returned weak gold grades over a good width, supporting the IRGS model at Uralla. - Positive factor: Weak gold grade \(0.41 g/t\) over a good width \(6.0m\) - Positive factor: Consistent with IRGS deposit model, suggesting potential for larger system Evidence · table > 0.41 Context: 6.0 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### KTN031B [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-drill-facts-133) Uralla West · gold #### Identity - Hole ID: KTN031B - Project: Uralla West - Commodity: gold - Region: australia\_nsw - Reported Region: australia\_nsw - Ticker: LDR #### Geometry - Grade: 0.42 - Grade Unit: g/t - Intercept: 4 m - From: 47 m - To: 51 m - Intercept Depth: 47 m #### Classification - Program: exploration - Sample Type: drill - Group ID: KTN031B:47-51 #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Drill hole KTN031B returned weak gold grades over a good width, supporting the IRGS model at Uralla. - Positive factor: Weak gold grade \(0.42 g/t\) over a good width \(4.0m\) - Positive factor: Consistent with IRGS deposit model, suggesting potential for larger system Evidence · table > 0.42 Context: 4.0 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### KTN028 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-drill-facts-134) Uralla West · gold #### Identity - Hole ID: KTN028 - Project: Uralla West - Commodity: gold - Region: australia\_nsw - Reported Region: australia\_nsw - Ticker: LDR #### Geometry - Grade: 0.53 - Grade Unit: g/t - Intercept: 3 m - From: 43 m - To: 46 m - Intercept Depth: 43 m #### Classification - Program: exploration - Sample Type: drill - Group ID: KTN028:43-46 #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Drill hole KTN028 returned weak gold grades over a good width, supporting the IRGS model at Uralla. - Positive factor: Weak gold grade \(0.53 g/t\) over a good width \(3.0m\) - Positive factor: Consistent with IRGS deposit model, suggesting potential for larger system Evidence · table > 0.53 Context: 3.0 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### KTN033 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-drill-facts-135) Uralla West · gold #### Identity - Hole ID: KTN033 - Project: Uralla West - Commodity: gold - Region: australia\_nsw - Reported Region: australia\_nsw - Ticker: LDR #### Geometry - Grade: 0.36 - Grade Unit: g/t - Intercept: 4 m - From: 22 m - To: 26 m - Intercept Depth: 22 m #### Classification - Program: exploration - Sample Type: drill - Group ID: KTN033:22-26 #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Drill hole KTN033 returned weak gold grades over a good width, supporting the IRGS model at Uralla. - Positive factor: Weak gold grade \(0.36 g/t\) over a good width \(4.0m\) - Positive factor: Consistent with IRGS deposit model, suggesting potential for larger system Evidence · table > 0.36 Context: 4.0 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### KTN017A [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-drill-facts-136) Uralla West · gold #### Identity - Hole ID: KTN017A - Project: Uralla West - Commodity: gold - Region: australia\_nsw - Reported Region: australia\_nsw - Ticker: LDR #### Geometry - Grade: 0.71 - Grade Unit: g/t - Intercept: 2 m - From: 38 m - To: 40 m - Intercept Depth: 38 m #### Classification - Program: exploration - Sample Type: drill - Group ID: KTN017A:38-40 #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Drill hole KTN017A returned weak gold grades over a good width, supporting the IRGS model at Uralla. - Positive factor: Weak gold grade \(0.71 g/t\) over a good width \(2.0m\) - Positive factor: Consistent with IRGS deposit model, suggesting potential for larger system Evidence · table > 0.71 Context: 2.0 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### KTN044 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-drill-facts-137) Uralla West · gold #### Identity - Hole ID: KTN044 - Project: Uralla West - Commodity: gold - Region: australia\_nsw - Reported Region: australia\_nsw - Ticker: LDR #### Geometry - Grade: 0.45 - Grade Unit: g/t - Intercept: 3 m - From: 43 m - To: 46 m - Intercept Depth: 43 m #### Classification - Program: exploration - Sample Type: drill - Group ID: KTN044:43-46 #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Drill hole KTN044 returned weak gold grades over a good width, supporting the IRGS model at Uralla. - Positive factor: Weak gold grade \(0.45 g/t\) over a good width \(3.0m\) - Positive factor: Consistent with IRGS deposit model, suggesting potential for larger system Evidence · table > 0.45 Context: 3.0 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### KTN022 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-drill-facts-138) Uralla West · gold #### Identity - Hole ID: KTN022 - Project: Uralla West - Commodity: gold - Region: australia\_nsw - Reported Region: australia\_nsw - Ticker: LDR #### Geometry - Grade: 0.57 - Grade Unit: g/t - Intercept: 2 m - From: 33 m - To: 35 m - Intercept Depth: 33 m #### Classification - Program: exploration - Sample Type: drill - Group ID: KTN022:33-35 #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Drill hole KTN022 returned weak gold grades over a good width, supporting the IRGS model at Uralla. - Positive factor: Weak gold grade \(0.57 g/t\) over a good width \(2.0m\) - Positive factor: Consistent with IRGS deposit model, suggesting potential for larger system Evidence · table > 0.57 Context: 2.0 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### KTN043 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-drill-facts-139) Uralla West · gold #### Identity - Hole ID: KTN043 - Project: Uralla West - Commodity: gold - Region: australia\_nsw - Reported Region: australia\_nsw - Ticker: LDR #### Geometry - Grade: 0.35 - Grade Unit: g/t - Intercept: 3 m - From: 22 m - To: 25 m - Intercept Depth: 22 m #### Classification - Program: exploration - Sample Type: drill - Group ID: KTN043:22-25 #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Drill hole KTN043 returned weak gold grades over a good width, supporting the IRGS model at Uralla. - Positive factor: Weak gold grade \(0.35 g/t\) over a good width \(3.0m\) - Positive factor: Consistent with IRGS deposit model, suggesting potential for larger system Evidence · table > 0.35 Context: 3.0 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### KTN032 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-drill-facts-140) Uralla West · gold #### Identity - Hole ID: KTN032 - Project: Uralla West - Commodity: gold - Region: australia\_nsw - Reported Region: australia\_nsw - Ticker: LDR #### Geometry - Grade: 0.52 - Grade Unit: g/t - Intercept: 2 m - From: 1 m - To: 3 m - Intercept Depth: 1 m #### Classification - Program: exploration - Sample Type: drill - Group ID: KTN032:1-3 #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Drill hole KTN032 returned weak gold grades over a good width, supporting the IRGS model at Uralla. - Positive factor: Weak gold grade \(0.52 g/t\) over a good width \(2.0m\) - Positive factor: Consistent with IRGS deposit model, suggesting potential for larger system Evidence · table > 0.52 Context: 2.0 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### KTN026B [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-drill-facts-141) Uralla West · gold #### Identity - Hole ID: KTN026B - Project: Uralla West - Commodity: gold - Region: australia\_nsw - Reported Region: australia\_nsw - Ticker: LDR #### Geometry - Grade: 0.49 - Grade Unit: g/t - Intercept: 2 m - From: 75 m - To: 77 m - Intercept Depth: 75 m #### Classification - Program: exploration - Sample Type: drill - Group ID: KTN026B:75-77 #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Drill hole KTN026B returned weak gold grades over a good width, supporting the IRGS model at Uralla. - Positive factor: Weak gold grade \(0.49 g/t\) over a good width \(2.0m\) - Positive factor: Consistent with IRGS deposit model, suggesting potential for larger system Evidence · table > 0.49 Context: 2.0 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### KTN034 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-drill-facts-142) Uralla West · gold #### Identity - Hole ID: KTN034 - Project: Uralla West - Commodity: gold - Region: australia\_nsw - Reported Region: australia\_nsw - Ticker: LDR #### Geometry - Grade: 0.32 - Grade Unit: g/t - Intercept: 3 m - From: 34 m - To: 37 m - Intercept Depth: 34 m #### Classification - Program: exploration - Sample Type: drill - Group ID: KTN034:34-37 #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Drill hole KTN034 returned weak gold grades over a good width, supporting the IRGS model at Uralla. - Positive factor: Weak gold grade \(0.32 g/t\) over a good width \(3.0m\) - Positive factor: Consistent with IRGS deposit model, suggesting potential for larger system Evidence · table > 0.32 Context: 3.0 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### KTN041 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-drill-facts-143) Uralla West · gold #### Identity - Hole ID: KTN041 - Project: Uralla West - Commodity: gold - Region: australia\_nsw - Reported Region: australia\_nsw - Ticker: LDR #### Geometry - Grade: 0.38 - Grade Unit: g/t - Intercept: 2 m - From: 32 m - To: 34 m - Intercept Depth: 32 m #### Classification - Program: exploration - Sample Type: drill - Group ID: KTN041:32-34 #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Drill hole KTN041 returned weak gold grades over a good width, supporting the IRGS model at Uralla. - Positive factor: Weak gold grade \(0.38 g/t\) over a good width \(2.0m\) - Positive factor: Consistent with IRGS deposit model, suggesting potential for larger system Evidence · table > 0.38 Context: 2.0 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### KTN001 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-drill-facts-144) Uralla West · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KTN001 - Project: Uralla West - Commodity: gold - Region: australia\_nsw - Reported Region: australia\_nsw - Ticker: LDR #### Geometry - Grade: 0.65 - Grade Unit: g/t - Intercept: 7 m - From: 5 m - To: 12 m - Intercept Depth: 5 m #### Classification - Program: exploration - Sample Type: drill - Group ID: KTN001:5-12 #### QA/QC - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-30T00:00:00.000Z #### Dates - Event date: 2026-09-30T00:00:00.000Z - Positive factor: Weak gold grade \(0.65 g/t\) over a significant width \(7.0m\) Evidence · table > 0.65 Context: 7.0 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ## Resource Estimates (86) ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-0) Montezuma Silver & Antimony Project · silver #### Identity - Project: Montezuma Silver & Antimony Project - Commodity: silver - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Tim Callaghan - Resource group id: resource:773a362c73c47382d986 #### Resource Data - Category: indicated - Tonnes: 480000 - Contained Metal: 8.2 - Contained Unit: moz ageq - Cutoff Grade: 200 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-04-01 #### Metal Equivalent - Metal Eq. Grade: 533 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Lab - Laboratory: ALS Metallurgy \(Burnie\) #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: The maiden JORC MRE for Montezuma establishes a significant high-grade polymetallic resource with a high proportion of Indicated material, supporting future development, despite the lack of individual metal grades in the summary table. - Positive factor: Maiden JORC Mineral Resource Estimate establishes a baseline for the project - Positive factor: High-grade silver equivalent \(533 g/t AgEq\) indicates strong economic potential - Positive factor: Significant contained metal \(8.2 Moz AgEq\) for a maiden resource - Positive factor: High proportion of Indicated resource \(65%\) provides good geological confidence - Positive factor: Robust underground mining potential highlighted by the cut-off grade - Positive factor: Metal equivalent assumptions \(prices, recoveries\) are disclosed, enhancing transparency - Negative factor: Individual metal grades for silver, antimony, lead, and copper are not reported for the resource estimate, only a silver equivalent grade Evidence · table > 533 Context: 480 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc ### Fact 2 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-13) Montezuma Silver & Antimony Project · silver #### Identity - Project: Montezuma Silver & Antimony Project - Commodity: silver - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:220ec607b7e72c9af849 #### Resource Data - Grade: 1630 - Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: High-grade silver in surface grab samples from Fahlore indicates strong exploration potential for a high-grade system similar to Montezuma. - Positive factor: Very high-grade silver \(1,630 g/t\) from Fahlore mine dump samples, indicating strong potential - Positive factor: Fahlore deposit mineralisation is similar to Montezuma, suggesting continuity of style - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 1,630 Context: MR0015 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 3 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-14) Montezuma Silver & Antimony Project · antimony #### Identity - Project: Montezuma Silver & Antimony Project - Commodity: antimony - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:220ec607b7e72c9af849 #### Resource Data - Grade: 3.07 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: High-grade antimony in surface grab samples from Fahlore indicates strong exploration potential for a high-grade system similar to Montezuma. - Positive factor: High-grade antimony \(3.07%\) from Fahlore mine dump samples, indicating strong potential - Positive factor: Fahlore deposit mineralisation is similar to Montezuma, suggesting continuity of style - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 3.07 Context: MR0015 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 4 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-15) Montezuma Silver & Antimony Project · copper #### Identity - Project: Montezuma Silver & Antimony Project - Commodity: copper - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:220ec607b7e72c9af849 #### Resource Data - Grade: 2.14 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: High-grade copper in surface grab samples from Fahlore indicates strong exploration potential for a high-grade system similar to Montezuma. - Positive factor: High-grade copper \(2.14%\) from Fahlore mine dump samples, indicating strong potential - Positive factor: Fahlore deposit mineralisation is similar to Montezuma, suggesting continuity of style - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 2.14 Context: MR0015 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 5 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-16) Montezuma Silver & Antimony Project · silver #### Identity - Project: Montezuma Silver & Antimony Project - Commodity: silver - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:220ec607b7e72c9af849 #### Resource Data - Grade: 306 - Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: High-grade silver in surface grab samples from Fahlore indicates exploration potential. - Positive factor: High-grade silver \(306 g/t\) from Fahlore mine dump samples, indicating potential - Positive factor: Fahlore deposit mineralisation is similar to Montezuma, suggesting continuity of style - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 306 Context: MR0016 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 6 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-17) Montezuma Silver & Antimony Project · antimony #### Identity - Project: Montezuma Silver & Antimony Project - Commodity: antimony - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:220ec607b7e72c9af849 #### Resource Data - Grade: 0.72 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Antimony presence in surface grab samples from Fahlore indicates exploration potential. - Positive factor: Antimony presence \(0.72%\) from Fahlore mine dump samples, indicating potential - Positive factor: Fahlore deposit mineralisation is similar to Montezuma, suggesting continuity of style - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 0.72 Context: MR0016 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 7 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-18) Montezuma Silver & Antimony Project · copper #### Identity - Project: Montezuma Silver & Antimony Project - Commodity: copper - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:220ec607b7e72c9af849 #### Resource Data - Grade: 0.26 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Copper presence in surface grab samples from Fahlore indicates exploration potential. - Positive factor: Copper presence \(0.26%\) from Fahlore mine dump samples, indicating potential - Positive factor: Fahlore deposit mineralisation is similar to Montezuma, suggesting continuity of style - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 0.26 Context: MR0016 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 8 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-19) Montezuma Silver & Antimony Project · silver #### Identity - Project: Montezuma Silver & Antimony Project - Commodity: silver - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:220ec607b7e72c9af849 #### Resource Data - Grade: 5650 - Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Exceptional high-grade silver in surface grab samples from Fahlore indicates bonanza potential and strong exploration upside. - Positive factor: Exceptional high-grade silver \(5,650 g/t\) from Fahlore mine dump samples, indicating bonanza potential - Positive factor: Fahlore deposit mineralisation is similar to Montezuma, suggesting continuity of style - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 5,650 Context: F003 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 9 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-20) Montezuma Silver & Antimony Project · antimony #### Identity - Project: Montezuma Silver & Antimony Project - Commodity: antimony - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:220ec607b7e72c9af849 #### Resource Data - Grade: 8.04 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Very high-grade antimony in surface grab samples from Fahlore indicates strong exploration upside. - Positive factor: Very high-grade antimony \(8.04%\) from Fahlore mine dump samples, indicating strong potential - Positive factor: Fahlore deposit mineralisation is similar to Montezuma, suggesting continuity of style - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 8.04 Context: F003 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 10 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-21) Montezuma Silver & Antimony Project · copper #### Identity - Project: Montezuma Silver & Antimony Project - Commodity: copper - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:220ec607b7e72c9af849 #### Resource Data - Grade: 8.42 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Very high-grade copper in surface grab samples from Fahlore indicates strong exploration upside. - Positive factor: Very high-grade copper \(8.42%\) from Fahlore mine dump samples, indicating strong potential - Positive factor: Fahlore deposit mineralisation is similar to Montezuma, suggesting continuity of style - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 8.42 Context: F003 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 11 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-22) Montezuma Silver & Antimony Project · silver #### Identity - Project: Montezuma Silver & Antimony Project - Commodity: silver - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:220ec607b7e72c9af849 #### Resource Data - Grade: 4070 - Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Exceptional high-grade silver in surface grab samples from Fahlore indicates bonanza potential and strong exploration upside. - Positive factor: Exceptional high-grade silver \(4,070 g/t\) from Fahlore mine dump samples, indicating bonanza potential - Positive factor: Fahlore deposit mineralisation is similar to Montezuma, suggesting continuity of style - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 4,070 Context: F004 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 12 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-23) Montezuma Silver & Antimony Project · antimony #### Identity - Project: Montezuma Silver & Antimony Project - Commodity: antimony - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:220ec607b7e72c9af849 #### Resource Data - Grade: 4.4 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Very high-grade antimony in surface grab samples from Fahlore indicates strong exploration upside. - Positive factor: Very high-grade antimony \(4.40%\) from Fahlore mine dump samples, indicating strong potential - Positive factor: Fahlore deposit mineralisation is similar to Montezuma, suggesting continuity of style - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 4.40 Context: F004 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 13 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-24) Montezuma Silver & Antimony Project · copper #### Identity - Project: Montezuma Silver & Antimony Project - Commodity: copper - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:220ec607b7e72c9af849 #### Resource Data - Grade: 3.95 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Very high-grade copper in surface grab samples from Fahlore indicates strong exploration upside. - Positive factor: Very high-grade copper \(3.95%\) from Fahlore mine dump samples, indicating strong potential - Positive factor: Fahlore deposit mineralisation is similar to Montezuma, suggesting continuity of style - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 3.95 Context: F004 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 14 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-25) Montezuma Silver & Antimony Project · silver #### Identity - Project: Montezuma Silver & Antimony Project - Commodity: silver - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:220ec607b7e72c9af849 #### Resource Data - Grade: 615 - Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: High-grade silver in surface grab samples from Fahlore indicates strong exploration potential. - Positive factor: High-grade silver \(615 g/t\) from Fahlore mine dump samples, indicating strong potential - Positive factor: Fahlore deposit mineralisation is similar to Montezuma, suggesting continuity of style - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 615 Context: F005 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 15 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-26) Montezuma Silver & Antimony Project · antimony #### Identity - Project: Montezuma Silver & Antimony Project - Commodity: antimony - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:220ec607b7e72c9af849 #### Resource Data - Grade: 0.64 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Antimony presence in surface grab samples from Fahlore indicates exploration potential. - Positive factor: Antimony presence \(0.64%\) from Fahlore mine dump samples, indicating potential - Positive factor: Fahlore deposit mineralisation is similar to Montezuma, suggesting continuity of style - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 0.64 Context: F005 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 16 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-27) Montezuma Silver & Antimony Project · copper #### Identity - Project: Montezuma Silver & Antimony Project - Commodity: copper - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:220ec607b7e72c9af849 #### Resource Data - Grade: 0.73 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Copper presence in surface grab samples from Fahlore indicates exploration potential. - Positive factor: Copper presence \(0.73%\) from Fahlore mine dump samples, indicating potential - Positive factor: Fahlore deposit mineralisation is similar to Montezuma, suggesting continuity of style - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 0.73 Context: F005 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 17 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-28) Montezuma Silver & Antimony Project · silver #### Identity - Project: Montezuma Silver & Antimony Project - Commodity: silver - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:220ec607b7e72c9af849 #### Resource Data - Grade: 5120 - Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Exceptional high-grade silver in surface grab samples from Fahlore indicates bonanza potential and strong exploration upside. - Positive factor: Exceptional high-grade silver \(5,120 g/t\) from Fahlore mine dump samples, indicating bonanza potential - Positive factor: Fahlore deposit mineralisation is similar to Montezuma, suggesting continuity of style - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 5,120 Context: F006 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 18 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-29) Montezuma Silver & Antimony Project · antimony #### Identity - Project: Montezuma Silver & Antimony Project - Commodity: antimony - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:220ec607b7e72c9af849 #### Resource Data - Grade: 7.73 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Very high-grade antimony in surface grab samples from Fahlore indicates strong exploration upside. - Positive factor: Very high-grade antimony \(7.73%\) from Fahlore mine dump samples, indicating strong potential - Positive factor: Fahlore deposit mineralisation is similar to Montezuma, suggesting continuity of style - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 7.73 Context: F006 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 19 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-30) Montezuma Silver & Antimony Project · copper #### Identity - Project: Montezuma Silver & Antimony Project - Commodity: copper - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:220ec607b7e72c9af849 #### Resource Data - Grade: 7.73 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Very high-grade copper in surface grab samples from Fahlore indicates strong exploration upside. - Positive factor: Very high-grade copper \(7.73%\) from Fahlore mine dump samples, indicating strong potential - Positive factor: Fahlore deposit mineralisation is similar to Montezuma, suggesting continuity of style - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 7.73 Context: F006 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 20 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-31) Montezuma Silver & Antimony Project · silver #### Identity - Project: Montezuma Silver & Antimony Project - Commodity: silver - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:220ec607b7e72c9af849 #### Resource Data - Grade: 666 - Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: High-grade silver in surface grab samples from Fahlore indicates strong exploration potential. - Positive factor: High-grade silver \(666 g/t\) from Fahlore mine dump samples, indicating strong potential - Positive factor: Fahlore deposit mineralisation is similar to Montezuma, suggesting continuity of style - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 666 Context: F007 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 21 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-32) Montezuma Silver & Antimony Project · antimony #### Identity - Project: Montezuma Silver & Antimony Project - Commodity: antimony - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:220ec607b7e72c9af849 #### Resource Data - Grade: 0.84 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Antimony presence in surface grab samples from Fahlore indicates exploration potential. - Positive factor: Antimony presence \(0.84%\) from Fahlore mine dump samples, indicating potential - Positive factor: Fahlore deposit mineralisation is similar to Montezuma, suggesting continuity of style - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 0.84 Context: F007 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 22 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-33) Montezuma Silver & Antimony Project · copper #### Identity - Project: Montezuma Silver & Antimony Project - Commodity: copper - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:220ec607b7e72c9af849 #### Resource Data - Grade: 1.01 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Copper presence in surface grab samples from Fahlore indicates exploration potential. - Positive factor: Copper presence \(1.01%\) from Fahlore mine dump samples, indicating potential - Positive factor: Fahlore deposit mineralisation is similar to Montezuma, suggesting continuity of style - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 1.01 Context: F007 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 23 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-34) Greater Montezuma Project · silver #### Identity - Project: Greater Montezuma Project - Commodity: silver - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:22df8f383770babe557b #### Resource Data - Grade: 1630 - Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: High-grade silver in surface grab samples from Blocks East indicates strong exploration potential for a high-grade mineralised system. - Positive factor: Very high-grade silver \(1,630 g/t\) from Blocks East dump samples, indicating strong potential - Positive factor: Historical workings and anomalous soils extend over 400m of strike, suggesting scale - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 1,630 Context: MR0015 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 24 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-35) Greater Montezuma Project · antimony #### Identity - Project: Greater Montezuma Project - Commodity: antimony - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:22df8f383770babe557b #### Resource Data - Grade: 3.07 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: High-grade antimony in surface grab samples from Blocks East indicates strong exploration potential for a high-grade mineralised system. - Positive factor: High-grade antimony \(3.07%\) from Blocks East dump samples, indicating strong potential - Positive factor: Historical workings and anomalous soils extend over 400m of strike, suggesting scale - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 3.07 Context: MR0015 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 25 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-36) Greater Montezuma Project · lead #### Identity - Project: Greater Montezuma Project - Commodity: lead - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:22df8f383770babe557b #### Resource Data - Grade: 3.39 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: High-grade lead in surface grab samples from Blocks East indicates strong exploration potential for a high-grade mineralised system. - Positive factor: High-grade lead \(3.39%\) from Blocks East dump samples, indicating strong potential - Positive factor: Historical workings and anomalous soils extend over 400m of strike, suggesting scale - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 3.39 Context: MR0015 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 26 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-37) Greater Montezuma Project · zinc #### Identity - Project: Greater Montezuma Project - Commodity: zinc - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:22df8f383770babe557b #### Resource Data - Grade: 0.07 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Zinc presence in surface grab samples from Blocks East indicates polymetallic exploration potential. - Positive factor: Zinc presence \(0.07%\) from Blocks East dump samples, indicating polymetallic potential - Positive factor: Historical workings and anomalous soils extend over 400m of strike, suggesting scale - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 0.07 Context: MR0015 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 27 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-38) Greater Montezuma Project · copper #### Identity - Project: Greater Montezuma Project - Commodity: copper - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:22df8f383770babe557b #### Resource Data - Grade: 2.14 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: High-grade copper in surface grab samples from Blocks East indicates strong exploration potential for a high-grade mineralised system. - Positive factor: High-grade copper \(2.14%\) from Blocks East dump samples, indicating strong potential - Positive factor: Historical workings and anomalous soils extend over 400m of strike, suggesting scale - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 2.14 Context: MR0015 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 28 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-39) Greater Montezuma Project · silver #### Identity - Project: Greater Montezuma Project - Commodity: silver - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:22df8f383770babe557b #### Resource Data - Grade: 306 - Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: High-grade silver in surface grab samples from Blocks East indicates exploration potential. - Positive factor: High-grade silver \(306 g/t\) from Blocks East dump samples, indicating potential - Positive factor: Historical workings and anomalous soils extend over 400m of strike, suggesting scale - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 306 Context: MR0016 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 29 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-40) Greater Montezuma Project · antimony #### Identity - Project: Greater Montezuma Project - Commodity: antimony - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:22df8f383770babe557b #### Resource Data - Grade: 0.72 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Antimony presence in surface grab samples from Blocks East indicates exploration potential. - Positive factor: Antimony presence \(0.72%\) from Blocks East dump samples, indicating potential - Positive factor: Historical workings and anomalous soils extend over 400m of strike, suggesting scale - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 0.72 Context: MR0016 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 30 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-41) Greater Montezuma Project · lead #### Identity - Project: Greater Montezuma Project - Commodity: lead - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:22df8f383770babe557b #### Resource Data - Grade: 1.03 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Lead presence in surface grab samples from Blocks East indicates polymetallic exploration potential. - Positive factor: Lead presence \(1.03%\) from Blocks East dump samples, indicating polymetallic potential - Positive factor: Historical workings and anomalous soils extend over 400m of strike, suggesting scale - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 1.03 Context: MR0016 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 31 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-42) Greater Montezuma Project · zinc #### Identity - Project: Greater Montezuma Project - Commodity: zinc - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:22df8f383770babe557b #### Resource Data - Grade: 0.01 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Zinc presence in surface grab samples from Blocks East indicates polymetallic exploration potential. - Positive factor: Zinc presence \(0.01%\) from Blocks East dump samples, indicating polymetallic potential - Positive factor: Historical workings and anomalous soils extend over 400m of strike, suggesting scale - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 0.01 Context: MR0016 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 32 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-43) Greater Montezuma Project · copper #### Identity - Project: Greater Montezuma Project - Commodity: copper - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:22df8f383770babe557b #### Resource Data - Grade: 0.26 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Copper presence in surface grab samples from Blocks East indicates polymetallic exploration potential. - Positive factor: Copper presence \(0.26%\) from Blocks East dump samples, indicating polymetallic potential - Positive factor: Historical workings and anomalous soils extend over 400m of strike, suggesting scale - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 0.26 Context: MR0016 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 33 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-44) Greater Montezuma Project · silver #### Identity - Project: Greater Montezuma Project - Commodity: silver - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:22df8f383770babe557b #### Resource Data - Grade: 5650 - Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Exceptional high-grade silver in surface grab samples from Blocks East indicates bonanza potential and strong exploration upside. - Positive factor: Exceptional high-grade silver \(5,650 g/t\) from Blocks East dump samples, indicating bonanza potential - Positive factor: Historical workings and anomalous soils extend over 400m of strike, suggesting scale - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 5,650 Context: BE001 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 34 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-45) Greater Montezuma Project · antimony #### Identity - Project: Greater Montezuma Project - Commodity: antimony - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:22df8f383770babe557b #### Resource Data - Grade: 8.04 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Very high-grade antimony in surface grab samples from Blocks East indicates strong exploration upside. - Positive factor: Very high-grade antimony \(8.04%\) from Blocks East dump samples, indicating strong potential - Positive factor: Historical workings and anomalous soils extend over 400m of strike, suggesting scale - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 8.04 Context: BE001 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 35 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-46) Greater Montezuma Project · lead #### Identity - Project: Greater Montezuma Project - Commodity: lead - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:22df8f383770babe557b #### Resource Data - Grade: 1.82 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: High-grade lead in surface grab samples from Blocks East indicates strong exploration potential for a high-grade mineralised system. - Positive factor: High-grade lead \(1.82%\) from Blocks East dump samples, indicating strong potential - Positive factor: Historical workings and anomalous soils extend over 400m of strike, suggesting scale - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 1.82 Context: BE001 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 36 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-47) Greater Montezuma Project · zinc #### Identity - Project: Greater Montezuma Project - Commodity: zinc - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:22df8f383770babe557b #### Resource Data - Grade: 0.47 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Zinc presence in surface grab samples from Blocks East indicates polymetallic exploration potential. - Positive factor: Zinc presence \(0.47%\) from Blocks East dump samples, indicating polymetallic potential - Positive factor: Historical workings and anomalous soils extend over 400m of strike, suggesting scale - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 0.47 Context: BE001 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 37 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-48) Greater Montezuma Project · copper #### Identity - Project: Greater Montezuma Project - Commodity: copper - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:22df8f383770babe557b #### Resource Data - Grade: 8.42 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Very high-grade copper in surface grab samples from Blocks East indicates strong exploration potential for a high-grade mineralised system. - Positive factor: Very high-grade copper \(8.42%\) from Blocks East dump samples, indicating strong potential - Positive factor: Historical workings and anomalous soils extend over 400m of strike, suggesting scale - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 8.42 Context: BE001 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 38 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-49) Greater Montezuma Project · silver #### Identity - Project: Greater Montezuma Project - Commodity: silver - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:22df8f383770babe557b #### Resource Data - Grade: 4070 - Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Exceptional high-grade silver in surface grab samples from Blocks East indicates bonanza potential and strong exploration upside. - Positive factor: Exceptional high-grade silver \(4,070 g/t\) from Blocks East dump samples, indicating bonanza potential - Positive factor: Historical workings and anomalous soils extend over 400m of strike, suggesting scale - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 4,070 Context: BE002 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 39 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-50) Greater Montezuma Project · antimony #### Identity - Project: Greater Montezuma Project - Commodity: antimony - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:22df8f383770babe557b #### Resource Data - Grade: 4.4 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Very high-grade antimony in surface grab samples from Blocks East indicates strong exploration upside. - Positive factor: Very high-grade antimony \(4.4%\) from Blocks East dump samples, indicating strong potential - Positive factor: Historical workings and anomalous soils extend over 400m of strike, suggesting scale - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 4.4 Context: BE002 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 40 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-51) Greater Montezuma Project · lead #### Identity - Project: Greater Montezuma Project - Commodity: lead - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:22df8f383770babe557b #### Resource Data - Grade: 4.52 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Very high-grade lead in surface grab samples from Blocks East indicates strong exploration potential for a high-grade mineralised system. - Positive factor: Very high-grade lead \(4.52%\) from Blocks East dump samples, indicating strong potential - Positive factor: Historical workings and anomalous soils extend over 400m of strike, suggesting scale - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 4.52 Context: BE002 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 41 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-52) Greater Montezuma Project · zinc #### Identity - Project: Greater Montezuma Project - Commodity: zinc - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:22df8f383770babe557b #### Resource Data - Grade: 0.13 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Zinc presence in surface grab samples from Blocks East indicates polymetallic exploration potential. - Positive factor: Zinc presence \(0.13%\) from Blocks East dump samples, indicating polymetallic potential - Positive factor: Historical workings and anomalous soils extend over 400m of strike, suggesting scale - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 0.13 Context: BE002 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 42 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-53) Greater Montezuma Project · copper #### Identity - Project: Greater Montezuma Project - Commodity: copper - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:22df8f383770babe557b #### Resource Data - Grade: 3.95 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Very high-grade copper in surface grab samples from Blocks East indicates strong exploration potential for a high-grade mineralised system. - Positive factor: Very high-grade copper \(3.95%\) from Blocks East dump samples, indicating strong potential - Positive factor: Historical workings and anomalous soils extend over 400m of strike, suggesting scale - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 3.95 Context: BE002 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 43 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-54) Greater Montezuma Project · silver #### Identity - Project: Greater Montezuma Project - Commodity: silver - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:22df8f383770babe557b #### Resource Data - Grade: 615 - Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: High-grade silver in surface grab samples from Blocks East indicates strong exploration potential for a high-grade mineralised system. - Positive factor: High-grade silver \(615 g/t\) from Blocks East dump samples, indicating strong potential - Positive factor: Historical workings and anomalous soils extend over 400m of strike, suggesting scale - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 615 Context: BE003 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 44 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-55) Greater Montezuma Project · antimony #### Identity - Project: Greater Montezuma Project - Commodity: antimony - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:22df8f383770babe557b #### Resource Data - Grade: 0.64 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Antimony presence in surface grab samples from Blocks East indicates exploration potential. - Positive factor: Antimony presence \(0.64%\) from Blocks East dump samples, indicating potential - Positive factor: Historical workings and anomalous soils extend over 400m of strike, suggesting scale - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 0.64 Context: BE003 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 45 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-56) Greater Montezuma Project · lead #### Identity - Project: Greater Montezuma Project - Commodity: lead - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:22df8f383770babe557b #### Resource Data - Grade: 0.16 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Lead presence in surface grab samples from Blocks East indicates polymetallic exploration potential. - Positive factor: Lead presence \(0.16%\) from Blocks East dump samples, indicating polymetallic potential - Positive factor: Historical workings and anomalous soils extend over 400m of strike, suggesting scale - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 0.16 Context: BE003 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 46 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-57) Greater Montezuma Project · zinc #### Identity - Project: Greater Montezuma Project - Commodity: zinc - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:22df8f383770babe557b #### Resource Data - Grade: 0.05 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Zinc presence in surface grab samples from Blocks East indicates polymetallic exploration potential. - Positive factor: Zinc presence \(0.05%\) from Blocks East dump samples, indicating polymetallic potential - Positive factor: Historical workings and anomalous soils extend over 400m of strike, suggesting scale - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 0.05 Context: BE003 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 47 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-58) Greater Montezuma Project · copper #### Identity - Project: Greater Montezuma Project - Commodity: copper - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:22df8f383770babe557b #### Resource Data - Grade: 0.73 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Copper presence in surface grab samples from Blocks East indicates polymetallic exploration potential. - Positive factor: Copper presence \(0.73%\) from Blocks East dump samples, indicating polymetallic potential - Positive factor: Historical workings and anomalous soils extend over 400m of strike, suggesting scale - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 0.73 Context: BE003 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 48 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-59) Greater Montezuma Project · silver #### Identity - Project: Greater Montezuma Project - Commodity: silver - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:22df8f383770babe557b #### Resource Data - Grade: 5120 - Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Exceptional high-grade silver in surface grab samples from Blocks East indicates bonanza potential and strong exploration upside. - Positive factor: Exceptional high-grade silver \(5,120 g/t\) from Blocks East dump samples, indicating bonanza potential - Positive factor: Historical workings and anomalous soils extend over 400m of strike, suggesting scale - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 5,120 Context: BE004 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 49 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-60) Greater Montezuma Project · antimony #### Identity - Project: Greater Montezuma Project - Commodity: antimony - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:22df8f383770babe557b #### Resource Data - Grade: 7.73 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Very high-grade antimony in surface grab samples from Blocks East indicates strong exploration upside. - Positive factor: Very high-grade antimony \(7.73%\) from Blocks East dump samples, indicating strong potential - Positive factor: Historical workings and anomalous soils extend over 400m of strike, suggesting scale - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 7.73 Context: BE004 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 50 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-61) Greater Montezuma Project · lead #### Identity - Project: Greater Montezuma Project - Commodity: lead - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:22df8f383770babe557b #### Resource Data - Grade: 11.75 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Very high-grade lead in surface grab samples from Blocks East indicates strong exploration potential for a high-grade mineralised system. - Positive factor: Very high-grade lead \(11.75%\) from Blocks East dump samples, indicating strong potential - Positive factor: Historical workings and anomalous soils extend over 400m of strike, suggesting scale - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 11.75 Context: BE004 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 51 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-62) Greater Montezuma Project · zinc #### Identity - Project: Greater Montezuma Project - Commodity: zinc - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:22df8f383770babe557b #### Resource Data - Grade: 0.17 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Zinc presence in surface grab samples from Blocks East indicates polymetallic exploration potential. - Positive factor: Zinc presence \(0.17%\) from Blocks East dump samples, indicating polymetallic potential - Positive factor: Historical workings and anomalous soils extend over 400m of strike, suggesting scale - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 0.17 Context: BE004 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 52 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-63) Greater Montezuma Project · copper #### Identity - Project: Greater Montezuma Project - Commodity: copper - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:22df8f383770babe557b #### Resource Data - Grade: 7.73 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Very high-grade copper in surface grab samples from Blocks East indicates strong exploration potential for a high-grade mineralised system. - Positive factor: Very high-grade copper \(7.73%\) from Blocks East dump samples, indicating strong potential - Positive factor: Historical workings and anomalous soils extend over 400m of strike, suggesting scale - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 7.73 Context: BE004 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 53 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-64) Greater Montezuma Project · silver #### Identity - Project: Greater Montezuma Project - Commodity: silver - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:22df8f383770babe557b #### Resource Data - Grade: 666 - Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: High-grade silver in surface grab samples from Blocks East indicates strong exploration potential for a high-grade mineralised system. - Positive factor: High-grade silver \(666 g/t\) from Blocks East dump samples, indicating strong potential - Positive factor: Historical workings and anomalous soils extend over 400m of strike, suggesting scale - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 666 Context: BE005 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 54 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-65) Greater Montezuma Project · antimony #### Identity - Project: Greater Montezuma Project - Commodity: antimony - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:22df8f383770babe557b #### Resource Data - Grade: 0.84 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Antimony presence in surface grab samples from Blocks East indicates exploration potential. - Positive factor: Antimony presence \(0.84%\) from Blocks East dump samples, indicating potential - Positive factor: Historical workings and anomalous soils extend over 400m of strike, suggesting scale - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 0.84 Context: BE005 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 55 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-66) Greater Montezuma Project · lead #### Identity - Project: Greater Montezuma Project - Commodity: lead - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:22df8f383770babe557b #### Resource Data - Grade: 0.86 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Lead presence in surface grab samples from Blocks East indicates polymetallic exploration potential. - Positive factor: Lead presence \(0.86%\) from Blocks East dump samples, indicating polymetallic potential - Positive factor: Historical workings and anomalous soils extend over 400m of strike, suggesting scale - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 0.86 Context: BE005 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 56 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-67) Greater Montezuma Project · zinc #### Identity - Project: Greater Montezuma Project - Commodity: zinc - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:22df8f383770babe557b #### Resource Data - Grade: 0.03 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Zinc presence in surface grab samples from Blocks East indicates polymetallic exploration potential. - Positive factor: Zinc presence \(0.03%\) from Blocks East dump samples, indicating polymetallic potential - Positive factor: Historical workings and anomalous soils extend over 400m of strike, suggesting scale - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 0.03 Context: BE005 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 57 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-68) Greater Montezuma Project · copper #### Identity - Project: Greater Montezuma Project - Commodity: copper - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:22df8f383770babe557b #### Resource Data - Grade: 1.01 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Copper presence in surface grab samples from Blocks East indicates polymetallic exploration potential. - Positive factor: Copper presence \(1.01%\) from Blocks East dump samples, indicating polymetallic potential - Positive factor: Historical workings and anomalous soils extend over 400m of strike, suggesting scale - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · table > 1.01 Context: BE005 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 58 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-69) Silver Hills Project · silver #### Identity - Project: Silver Hills Project - Commodity: silver - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:a4af580b50613d7cca89 #### Resource Data - Grade: 9370 - Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Exceptional high-grade silver in surface grab samples from Silver Cliffs indicates bonanza potential and strong exploration upside in a highly prospective region. - Positive factor: Exceptional high-grade silver \(9,370 g/t\) from Silver Cliffs dump samples, indicating bonanza potential - Positive factor: Project located within a proven high-grade mineralised system \(Mt Bischoff Mine area\) - Positive factor: Historical workings extend over 300m of strike, suggesting scale - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · text > 9,370 g/t Ag #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 59 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-70) Silver Hills Project · antimony #### Identity - Project: Silver Hills Project - Commodity: antimony - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:a4af580b50613d7cca89 #### Resource Data - Grade: 8.48 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Very high-grade antimony in surface grab samples from Silver Cliffs indicates strong exploration upside in a highly prospective region. - Positive factor: Very high-grade antimony \(8.48%\) from Silver Cliffs dump samples, indicating strong potential - Positive factor: Project located within a proven high-grade mineralised system \(Mt Bischoff Mine area\) - Positive factor: Historical workings extend over 300m of strike, suggesting scale - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · text > 8.48% Sb #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 60 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-71) Silver Hills Project · lead #### Identity - Project: Silver Hills Project - Commodity: lead - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:a4af580b50613d7cca89 #### Resource Data - Grade: 16.05 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Very high-grade lead in surface grab samples from Silver Cliffs indicates strong exploration upside in a highly prospective region. - Positive factor: Very high-grade lead \(16.05%\) from Silver Cliffs dump samples, indicating strong potential - Positive factor: Project located within a proven high-grade mineralised system \(Mt Bischoff Mine area\) - Positive factor: Historical workings extend over 300m of strike, suggesting scale - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · text > 16.05% Pb #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 61 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-72) Silver Hills Project · silver #### Identity - Project: Silver Hills Project - Commodity: silver - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:a4af580b50613d7cca89 #### Resource Data - Grade: 4110 - Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Exceptional high-grade silver in surface grab samples from Silver Cliffs indicates bonanza potential and strong exploration upside in a highly prospective region. - Positive factor: Exceptional high-grade silver \(4,110 g/t\) from Silver Cliffs dump samples, indicating bonanza potential - Positive factor: Project located within a proven high-grade mineralised system \(Mt Bischoff Mine area\) - Positive factor: Historical workings extend over 300m of strike, suggesting scale - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · text > 4,110 g/t Ag #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 62 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-73) Silver Hills Project · antimony #### Identity - Project: Silver Hills Project - Commodity: antimony - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:a4af580b50613d7cca89 #### Resource Data - Grade: 2.27 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: High-grade antimony in surface grab samples from Silver Cliffs indicates strong exploration upside in a highly prospective region. - Positive factor: High-grade antimony \(2.27%\) from Silver Cliffs dump samples, indicating strong potential - Positive factor: Project located within a proven high-grade mineralised system \(Mt Bischoff Mine area\) - Positive factor: Historical workings extend over 300m of strike, suggesting scale - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · text > 2.27% Sb #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 63 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-74) Silver Hills Project · lead #### Identity - Project: Silver Hills Project - Commodity: lead - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:a4af580b50613d7cca89 #### Resource Data - Grade: 81 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Exceptional high-grade lead in surface grab samples from Silver Cliffs indicates bonanza potential and strong exploration upside in a highly prospective region. - Positive factor: Exceptional high-grade lead \(81.00%\) from Silver Cliffs dump samples, indicating bonanza potential - Positive factor: Project located within a proven high-grade mineralised system \(Mt Bischoff Mine area\) - Positive factor: Historical workings extend over 300m of strike, suggesting scale - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · text > 81.00% Pb #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 64 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-75) Silver Hills Project · silver #### Identity - Project: Silver Hills Project - Commodity: silver - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:a4af580b50613d7cca89 #### Resource Data - Grade: 726 - Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: High-grade silver in surface grab samples from Silver Cliffs indicates strong exploration potential in a highly prospective region. - Positive factor: High-grade silver \(726 g/t\) from Silver Cliffs dump samples, indicating strong potential - Positive factor: Project located within a proven high-grade mineralised system \(Mt Bischoff Mine area\) - Positive factor: Historical workings extend over 300m of strike, suggesting scale - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · text > 726 g/t Ag #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 65 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-76) Silver Hills Project · antimony #### Identity - Project: Silver Hills Project - Commodity: antimony - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:a4af580b50613d7cca89 #### Resource Data - Grade: 18.6 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Exceptional high-grade antimony in surface grab samples from Silver Cliffs indicates bonanza potential and strong exploration upside in a highly prospective region. - Positive factor: Exceptional high-grade antimony \(18.60%\) from Silver Cliffs dump samples, indicating bonanza potential - Positive factor: Project located within a proven high-grade mineralised system \(Mt Bischoff Mine area\) - Positive factor: Historical workings extend over 300m of strike, suggesting scale - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · text > 18.60% Sb #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 66 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-77) Silver Hills Project · lead #### Identity - Project: Silver Hills Project - Commodity: lead - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:a4af580b50613d7cca89 #### Resource Data - Grade: 43.4 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Exceptional high-grade lead in surface grab samples from Silver Cliffs indicates bonanza potential and strong exploration upside in a highly prospective region. - Positive factor: Exceptional high-grade lead \(43.40%\) from Silver Cliffs dump samples, indicating bonanza potential - Positive factor: Project located within a proven high-grade mineralised system \(Mt Bischoff Mine area\) - Positive factor: Historical workings extend over 300m of strike, suggesting scale - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · text > 43.40% Pb #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 67 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-78) Silver Hills Project · silver #### Identity - Project: Silver Hills Project - Commodity: silver - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:a4af580b50613d7cca89 #### Resource Data - Grade: 2400 - Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Exceptional high-grade silver in surface grab samples from Silver Cliffs indicates bonanza potential and strong exploration upside in a highly prospective region. - Positive factor: Exceptional high-grade silver \(2,400 g/t\) from Silver Cliffs dump samples, indicating bonanza potential - Positive factor: Project located within a proven high-grade mineralised system \(Mt Bischoff Mine area\) - Positive factor: Historical workings extend over 300m of strike, suggesting scale - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · text > 2,400 g/t Ag #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 68 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-79) Silver Hills Project · antimony #### Identity - Project: Silver Hills Project - Commodity: antimony - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:a4af580b50613d7cca89 #### Resource Data - Grade: 10.6 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Exceptional high-grade antimony in surface grab samples from Silver Cliffs indicates bonanza potential and strong exploration upside in a highly prospective region. - Positive factor: Exceptional high-grade antimony \(10.60%\) from Silver Cliffs dump samples, indicating bonanza potential - Positive factor: Project located within a proven high-grade mineralised system \(Mt Bischoff Mine area\) - Positive factor: Historical workings extend over 300m of strike, suggesting scale - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · text > 10.60% Sb #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 69 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-80) Silver Hills Project · lead #### Identity - Project: Silver Hills Project - Commodity: lead - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:a4af580b50613d7cca89 #### Resource Data - Grade: 23.6 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Exceptional high-grade lead in surface grab samples from Silver Cliffs indicates bonanza potential and strong exploration upside in a highly prospective region. - Positive factor: Exceptional high-grade lead \(23.60%\) from Silver Cliffs dump samples, indicating bonanza potential - Positive factor: Project located within a proven high-grade mineralised system \(Mt Bischoff Mine area\) - Positive factor: Historical workings extend over 300m of strike, suggesting scale - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · text > 23.60% Pb #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 70 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-81) Silver Hills Project · silver #### Identity - Project: Silver Hills Project - Commodity: silver - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:a4af580b50613d7cca89 #### Resource Data - Grade: 1485 - Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: High-grade silver in surface grab samples from Silver Cliffs indicates strong exploration potential in a highly prospective region. - Positive factor: Very high-grade silver \(1,485 g/t\) from Silver Cliffs dump samples, indicating strong potential - Positive factor: Project located within a proven high-grade mineralised system \(Mt Bischoff Mine area\) - Positive factor: Historical workings extend over 300m of strike, suggesting scale - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · text > 1,485 g/t Ag #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 71 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-82) Silver Hills Project · antimony #### Identity - Project: Silver Hills Project - Commodity: antimony - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:a4af580b50613d7cca89 #### Resource Data - Grade: 6.81 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Very high-grade antimony in surface grab samples from Silver Cliffs indicates strong exploration upside in a highly prospective region. - Positive factor: Very high-grade antimony \(6.81%\) from Silver Cliffs dump samples, indicating strong potential - Positive factor: Project located within a proven high-grade mineralised system \(Mt Bischoff Mine area\) - Positive factor: Historical workings extend over 300m of strike, suggesting scale - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · text > 6.81% Sb #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 72 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-83) Silver Hills Project · lead #### Identity - Project: Silver Hills Project - Commodity: lead - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:a4af580b50613d7cca89 #### Resource Data - Grade: 37.7 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Exceptional high-grade lead in surface grab samples from Silver Cliffs indicates bonanza potential and strong exploration upside in a highly prospective region. - Positive factor: Exceptional high-grade lead \(37.70%\) from Silver Cliffs dump samples, indicating bonanza potential - Positive factor: Project located within a proven high-grade mineralised system \(Mt Bischoff Mine area\) - Positive factor: Historical workings extend over 300m of strike, suggesting scale - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · text > 37.70% Pb #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 73 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-84) Silver Hills Project · silver #### Identity - Project: Silver Hills Project - Commodity: silver - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:a4af580b50613d7cca89 #### Resource Data - Grade: 668 - Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: High-grade silver in surface grab samples from Silver Cliffs indicates strong exploration potential in a highly prospective region. - Positive factor: High-grade silver \(668 g/t\) from Silver Cliffs dump samples, indicating strong potential - Positive factor: Project located within a proven high-grade mineralised system \(Mt Bischoff Mine area\) - Positive factor: Historical workings extend over 300m of strike, suggesting scale - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · text > 668 g/t Ag #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 74 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-85) Silver Hills Project · antimony #### Identity - Project: Silver Hills Project - Commodity: antimony - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:a4af580b50613d7cca89 #### Resource Data - Grade: 0.41 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Antimony presence in surface grab samples from Silver Cliffs indicates exploration potential. - Positive factor: Antimony presence \(0.41%\) from Silver Cliffs dump samples, indicating potential - Positive factor: Project located within a proven high-grade mineralised system \(Mt Bischoff Mine area\) - Positive factor: Historical workings extend over 300m of strike, suggesting scale - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · text > 0.41% Sb #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 75 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-86) Silver Hills Project · lead #### Identity - Project: Silver Hills Project - Commodity: lead - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:a4af580b50613d7cca89 #### Resource Data - Grade: 21.6 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Exceptional high-grade lead in surface grab samples from Silver Cliffs indicates bonanza potential and strong exploration upside in a highly prospective region. - Positive factor: Exceptional high-grade lead \(21.6%\) from Silver Cliffs dump samples, indicating bonanza potential - Positive factor: Project located within a proven high-grade mineralised system \(Mt Bischoff Mine area\) - Positive factor: Historical workings extend over 300m of strike, suggesting scale - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · text > 21.6% Pb #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 76 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-87) Silver Hills Project · silver #### Identity - Project: Silver Hills Project - Commodity: silver - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:a4af580b50613d7cca89 #### Resource Data - Grade: 624 - Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: High-grade silver in surface grab samples from Silver Cliffs indicates strong exploration potential in a highly prospective region. - Positive factor: High-grade silver \(624 g/t\) from Silver Cliffs dump samples, indicating strong potential - Positive factor: Project located within a proven high-grade mineralised system \(Mt Bischoff Mine area\) - Positive factor: Historical workings extend over 300m of strike, suggesting scale - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · text > 624 g/t Ag #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 77 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-88) Silver Hills Project · antimony #### Identity - Project: Silver Hills Project - Commodity: antimony - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:a4af580b50613d7cca89 #### Resource Data - Grade: 0.58 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Antimony presence in surface grab samples from Silver Cliffs indicates exploration potential. - Positive factor: Antimony presence \(0.58%\) from Silver Cliffs dump samples, indicating potential - Positive factor: Project located within a proven high-grade mineralised system \(Mt Bischoff Mine area\) - Positive factor: Historical workings extend over 300m of strike, suggesting scale - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · text > 0.58% Sb #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 78 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-89) Silver Hills Project · lead #### Identity - Project: Silver Hills Project - Commodity: lead - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:a4af580b50613d7cca89 #### Resource Data - Grade: 33.1 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Exceptional high-grade lead in surface grab samples from Silver Cliffs indicates bonanza potential and strong exploration upside in a highly prospective region. - Positive factor: Exceptional high-grade lead \(33.10%\) from Silver Cliffs dump samples, indicating bonanza potential - Positive factor: Project located within a proven high-grade mineralised system \(Mt Bischoff Mine area\) - Positive factor: Historical workings extend over 300m of strike, suggesting scale - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation - Negative factor: Presence of antimony, which can be a penalty element Evidence · text > 33.10% Pb #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 79 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-90) Silver Hills Project · tin #### Identity - Project: Silver Hills Project - Commodity: tin - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:a4af580b50613d7cca89 #### Resource Data - Grade: 1.43 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: High-grade tin in surface grab samples from North Valley Lodes indicates strong exploration potential for a high-grade tin system in a proven mining district. - Positive factor: High-grade tin \(1.43%\) from North Valley Lodes dump samples, indicating strong potential - Positive factor: Workings extend over 500m of strike, suggesting significant scale - Positive factor: Project located within an established and well-endowed mining province \(Mt Bischoff tin mine\) - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation Evidence · table > 1.43 Context: NV001 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 80 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-91) Silver Hills Project · tin #### Identity - Project: Silver Hills Project - Commodity: tin - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:a4af580b50613d7cca89 #### Resource Data - Grade: 3.64 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Exceptional high-grade tin in surface grab samples from North Valley Lodes indicates bonanza potential and strong exploration upside in a proven mining district. - Positive factor: Exceptional high-grade tin \(3.64%\) from North Valley Lodes dump samples, indicating bonanza potential - Positive factor: Workings extend over 500m of strike, suggesting significant scale - Positive factor: Project located within an established and well-endowed mining province \(Mt Bischoff tin mine\) - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation Evidence · table > 3.64 Context: NV002 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 81 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-92) Silver Hills Project · tin #### Identity - Project: Silver Hills Project - Commodity: tin - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:a4af580b50613d7cca89 #### Resource Data - Grade: 0.42 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Tin presence in surface grab samples from North Valley Lodes indicates exploration potential in a proven mining district. - Positive factor: Tin presence \(0.42%\) from North Valley Lodes dump samples, indicating potential - Positive factor: Workings extend over 500m of strike, suggesting significant scale - Positive factor: Project located within an established and well-endowed mining province \(Mt Bischoff tin mine\) - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation Evidence · table > 0.42 Context: NV003 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 82 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-93) Silver Hills Project · tin #### Identity - Project: Silver Hills Project - Commodity: tin - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:a4af580b50613d7cca89 #### Resource Data - Grade: 0.44 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Tin presence in surface grab samples from North Valley Lodes indicates exploration potential in a proven mining district. - Positive factor: Tin presence \(0.44%\) from North Valley Lodes dump samples, indicating potential - Positive factor: Workings extend over 500m of strike, suggesting significant scale - Positive factor: Project located within an established and well-endowed mining province \(Mt Bischoff tin mine\) - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation Evidence · table > 0.44 Context: NV004 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 83 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-94) Silver Hills Project · tin #### Identity - Project: Silver Hills Project - Commodity: tin - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:a4af580b50613d7cca89 #### Resource Data - Grade: 0.71 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Tin presence in surface grab samples from North Valley Lodes indicates exploration potential in a proven mining district. - Positive factor: Tin presence \(0.71%\) from North Valley Lodes dump samples, indicating potential - Positive factor: Workings extend over 500m of strike, suggesting significant scale - Positive factor: Project located within an established and well-endowed mining province \(Mt Bischoff tin mine\) - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation Evidence · table > 0.71 Context: NV005 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 84 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-95) Silver Hills Project · tin #### Identity - Project: Silver Hills Project - Commodity: tin - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:a4af580b50613d7cca89 #### Resource Data - Grade: 0.89 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Tin presence in surface grab samples from North Valley Lodes indicates exploration potential in a proven mining district. - Positive factor: Tin presence \(0.89%\) from North Valley Lodes dump samples, indicating potential - Positive factor: Workings extend over 500m of strike, suggesting significant scale - Positive factor: Project located within an established and well-endowed mining province \(Mt Bischoff tin mine\) - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation Evidence · table > 0.89 Context: NV006 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 85 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-96) Silver Hills Project · tin #### Identity - Project: Silver Hills Project - Commodity: tin - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:a4af580b50613d7cca89 #### Resource Data - Grade: 1.29 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: High-grade tin in surface grab samples from North Valley Lodes indicates strong exploration potential in a proven mining district. - Positive factor: High-grade tin \(1.29%\) from North Valley Lodes dump samples, indicating strong potential - Positive factor: Workings extend over 500m of strike, suggesting significant scale - Positive factor: Project located within an established and well-endowed mining province \(Mt Bischoff tin mine\) - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation Evidence · table > 1.29 Context: NV007 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### Fact 86 [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-resource-facts-97) Silver Hills Project · tin #### Identity - Project: Silver Hills Project - Commodity: tin - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Resource scope - QP Signed: Yes - Resource group id: resource:a4af580b50613d7cca89 #### Resource Data - Grade: 2.63 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Very high-grade tin in surface grab samples from North Valley Lodes indicates strong exploration potential in a proven mining district. - Positive factor: Very high-grade tin \(2.63%\) from North Valley Lodes dump samples, indicating strong potential - Positive factor: Workings extend over 500m of strike, suggesting significant scale - Positive factor: Project located within an established and well-endowed mining province \(Mt Bischoff tin mine\) - Negative factor: Grab samples are selective and not necessarily representative of in-situ mineralisation Evidence · table > 2.63 Context: NV008 #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ## Metallurgical Results (4) ### flotation [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-metallurgical-facts-1) Montezuma Silver & Antimony Project · antimony #### Identity - Project: Montezuma Silver & Antimony Project - Commodity: antimony - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Test Work - Program Status: preliminary - Test Type: flotation - Processing Route: flotation #### Recovery - Recovery: 88.4 % - Recovery Basis: actual\_test #### Lab - Laboratory: ALS Metallurgy \(Burnie\) #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Preliminary flotation testwork shows strong recovery for antimony, indicating good metallurgical amenability for this critical metal. - Positive factor: Strong recovery for antimony \(88.4%\) from preliminary flotation testwork - Positive factor: Recovery is from actual testwork, not theoretical Evidence · text > recoveries achieved were 88.4% antimony #### Tags used in scoring **Mill Route** Polarity: neutral Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\). Why it applies: processing\_route matches the flotation signal ### flotation [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-metallurgical-facts-2) Montezuma Silver & Antimony Project · silver #### Identity - Project: Montezuma Silver & Antimony Project - Commodity: silver - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Test Work - Program Status: preliminary - Test Type: flotation - Processing Route: flotation #### Recovery - Recovery: 93 % - Recovery Basis: actual\_test #### Lab - Laboratory: ALS Metallurgy \(Burnie\) #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Preliminary flotation testwork shows high recovery for silver, which is a key metal in the polymetallic resource. - Positive factor: High recovery for silver \(93.0%\) from preliminary flotation testwork - Positive factor: Recovery is from actual testwork, not theoretical Evidence · text > 93.0% silver #### Tags used in scoring **Mill Route** Polarity: neutral Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\). Why it applies: processing\_route matches the flotation signal **High Recovery** Polarity: positive Definition: Recovery at or above the exceptional band for the commodity and processing route. Why it applies: 93% is at or above the exceptional band \(90%\) ### flotation [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-metallurgical-facts-3) Montezuma Silver & Antimony Project · lead #### Identity - Project: Montezuma Silver & Antimony Project - Commodity: lead - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Test Work - Program Status: preliminary - Test Type: flotation - Processing Route: flotation #### Recovery - Recovery: 88.4 % - Recovery Basis: actual\_test #### Lab - Laboratory: ALS Metallurgy \(Burnie\) #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Preliminary flotation testwork shows strong recovery for lead, contributing positively to the polymetallic project's economics. - Positive factor: Strong recovery for lead \(88.4%\) from preliminary flotation testwork - Positive factor: Recovery is from actual testwork, not theoretical Evidence · text > 88.4% lead #### Tags used in scoring **Mill Route** Polarity: neutral Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\). Why it applies: processing\_route matches the flotation signal ### flotation [Link to this fact](https://atlas-staging.minestarters.com/news/ldr-annual-report-to-shareholders--b46ecd9d-f2dc-4765-8860-356c7699204a#fact-metallurgical-facts-4) Montezuma Silver & Antimony Project · copper #### Identity - Project: Montezuma Silver & Antimony Project - Commodity: copper - Region: australia\_tas - Reported Region: Tasmania - Ticker: LDR #### Test Work - Program Status: preliminary - Test Type: flotation - Processing Route: flotation #### Recovery - Recovery: 91.5 % - Recovery Basis: actual\_test #### Lab - Laboratory: ALS Metallurgy \(Burnie\) #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-30T00:00:00.000Z Reasoning: Preliminary flotation testwork shows high recovery for copper, which is a significant component of the polymetallic resource. - Positive factor: High recovery for copper \(91.5%\) from preliminary flotation testwork - Positive factor: Recovery is from actual testwork, not theoretical Evidence · text > 91.5% copper #### Tags used in scoring **Mill Route** Polarity: neutral Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\). Why it applies: processing\_route matches the flotation signal ## 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.