# LM1: Exploration Set to Commence in the Gascoyne Region Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/lm1-exploration-set-to-commence-in-the-gascoyne-region--0c68d557-4e99-4245-ae17-23da056e016d Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03149206 Publisher: asx Original announcement: 2026-10-06T21:17:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-06T22:29:40.254Z Atlas analysis updated: 2026-10-06T22:29:40.254Z - Company: Leeuwin Metals Ltd - Ticker: LM1 - Exchange: ASX - Region: Western Australia - Primary commodity: Gold - Secondary commodities: Lithium, Iron ore - Document categories: Other, Resource update - Extracted: 2026-10-06 22:29:40 UTC Narrative sentiment: 0.00 · Neutral ## Minestarters Atlas summary Leeuwin Metals Ltd has identified a high-priority gold target in the Gascoyne Region of Western Australia and plans to commence a soil sampling program in October 2026. The company also announced that drilling is set to begin at its Marda Gold Project, which hosts a previously reported Mineral Resource Estimate of 11.4 Mt at 1.03 g/t Au for 378,600 oz. This update outlines future exploration activities and restates existing resource information. Reasoning: The document outlines planned exploration activities and restates a previously announced mineral resource estimate, indicating ongoing project development but no new discoveries or material updates. - Positive factor: Advancing exploration - Positive factor: New target identified - Negative factor: No new results reported - Negative factor: Resource estimate is a restatement Low confidence — this extraction should be reviewed alongside the original source. Facts used in scoring: 21 ## Classification and evidence **Nearology Play** Polarity: neutral Story-specific tag Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: The company highlights its project's location in the same belt as Benz Mining Corp’s Glenburgh Gold Project as a key strategic advantage. Evidence · text > The area is underexplored and is located in the same belt as the Glenburgh Gold Project owned by Benz Mining Corp \(ASX: BNZ\). **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: The document includes a detailed restatement of the Marda Gold Project Mineral Resource Estimate. Evidence · text > Marda Gold Project Mineral Resource Estimate **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: The Mineral Resource Estimate is reported in accordance with the JORC Code \(2012 Edition\). Evidence · text > All Mineral Resources are reported in accordance with the JORC Code \(2012 Edition\). **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: The company confirms that the Competent Person’s findings from the original announcement have not been materially modified. Evidence · text > The Company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market announcements. **Stale Data Re-release** Polarity: negative Story-specific tag Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: The Mineral Resource Estimate is a restatement of an announcement made on 29 July 2026, not new information in this document. Evidence · text > The Mineral Resource Estimate for the Marda Gold Project referred to in this announcement and set out below was first reported in the Company’s ASX announcement dated 29 July 2026, titled “Marda Gold Resource grows to 378,600oz, Indicated up 41%”. ## Extracted facts Stored fact records: 21. Some facts used in scoring do not have a stored record. ## Resource Estimates (21) ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/lm1-exploration-set-to-commence-in-the-gascoyne-region--0c68d557-4e99-4245-ae17-23da056e016d#fact-resource-facts-0) Marda Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Marda Gold Project - Commodity: gold - Region: australia\_wa - Reported Region: Western Australia - Ticker: LM1 #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Resource group id: resource:08fe57313d397f5ee51a - Deposit or zone: Evanston - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 2469000 - Grade: 0.95 - Grade Unit: g/t - Contained Metal: 75400 - Contained Unit: oz - Cutoff Grade: 0.3 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2026-07-29 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2026-07-29T00:00:00.000Z #### Dates - Event date: 2026-10-06T00:00:00.000Z Reasoning: This resource estimate is a restatement of an announcement made on 29 July 2026, providing no new information in this document. - Positive factor: JORC Compliant - Positive factor: QP/CP Signed - Positive factor: Indicated Resource - Negative factor: Stale Data Re-release Evidence · table > 0.95 Context: 2,469,000 #### 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 **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/lm1-exploration-set-to-commence-in-the-gascoyne-region--0c68d557-4e99-4245-ae17-23da056e016d#fact-resource-facts-1) Marda Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Marda Gold Project - Commodity: gold - Region: australia\_wa - Reported Region: Western Australia - Ticker: LM1 #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Resource group id: resource:c134822e3541734c94fc - Deposit or zone: Evanston - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 2878000 - Grade: 0.97 - Grade Unit: g/t - Contained Metal: 90100 - Contained Unit: oz - Cutoff Grade: 0.3 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2026-07-29 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2026-07-29T00:00:00.000Z #### Dates - Event date: 2026-10-06T00:00:00.000Z Reasoning: This resource estimate is a restatement of an announcement made on 29 July 2026, providing no new information in this document. - Positive factor: JORC Compliant - Positive factor: QP/CP Signed - Negative factor: Stale Data Re-release - Negative factor: Inferred Resource Evidence · table > 0.97 Context: 2,878,000 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **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 **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/lm1-exploration-set-to-commence-in-the-gascoyne-region--0c68d557-4e99-4245-ae17-23da056e016d#fact-resource-facts-2) Marda Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Marda Gold Project - Commodity: gold - Region: australia\_wa - Reported Region: Western Australia - Ticker: LM1 #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Resource group id: resource:fd6ed32e4ad7b739ea4a - Deposit or zone: Die Hardy - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 2511000 - Grade: 0.94 - Grade Unit: g/t - Contained Metal: 76000 - Contained Unit: oz - Cutoff Grade: 0.3 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2026-07-29 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2026-07-29T00:00:00.000Z #### Dates - Event date: 2026-10-06T00:00:00.000Z Reasoning: This resource estimate is a restatement of an announcement made on 29 July 2026, providing no new information in this document. - Positive factor: JORC Compliant - Positive factor: QP/CP Signed - Negative factor: Stale Data Re-release - Negative factor: Inferred Resource Evidence · table > 0.94 Context: 2,511,000 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **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 **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/lm1-exploration-set-to-commence-in-the-gascoyne-region--0c68d557-4e99-4245-ae17-23da056e016d#fact-resource-facts-3) Marda Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Marda Gold Project - Commodity: gold - Region: australia\_wa - Reported Region: Western Australia - Ticker: LM1 #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Resource group id: resource:ca8ac92593bc626c01ed - Deposit or zone: Red Legs - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 668000 - Grade: 0.79 - Grade Unit: g/t - Contained Metal: 17000 - Contained Unit: oz - Cutoff Grade: 0.3 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2026-07-29 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2026-07-29T00:00:00.000Z #### Dates - Event date: 2026-10-06T00:00:00.000Z Reasoning: This resource estimate is a restatement of an announcement made on 29 July 2026, providing no new information in this document. - Positive factor: JORC Compliant - Positive factor: QP/CP Signed - Negative factor: Stale Data Re-release - Negative factor: Inferred Resource Evidence · table > 0.79 Context: 668,000 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **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 **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/lm1-exploration-set-to-commence-in-the-gascoyne-region--0c68d557-4e99-4245-ae17-23da056e016d#fact-resource-facts-4) Marda Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Marda Gold Project - Commodity: gold - Region: australia\_wa - Reported Region: Western Australia - Ticker: LM1 #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Resource group id: resource:e5398c3d401c974bbaf6 - Deposit or zone: Marda North Total - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 2469000 - Grade: 0.95 - Grade Unit: g/t - Contained Metal: 75400 - Contained Unit: oz - Cutoff Grade: 0.3 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2026-07-29 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2026-07-29T00:00:00.000Z #### Dates - Event date: 2026-10-06T00:00:00.000Z Reasoning: This resource estimate is a restatement of an announcement made on 29 July 2026, providing no new information in this document. - Positive factor: JORC Compliant - Positive factor: QP/CP Signed - Positive factor: Indicated Resource - Negative factor: Stale Data Re-release Evidence · table > 0.95 Context: 2,469,000 #### 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 **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/lm1-exploration-set-to-commence-in-the-gascoyne-region--0c68d557-4e99-4245-ae17-23da056e016d#fact-resource-facts-5) Marda Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Marda Gold Project - Commodity: gold - Region: australia\_wa - Reported Region: Western Australia - Ticker: LM1 #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Resource group id: resource:4e62903f7645f1691c3d - Deposit or zone: Marda North Total - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 6057000 - Grade: 0.94 - Grade Unit: g/t - Contained Metal: 183100 - Contained Unit: oz - Cutoff Grade: 0.3 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2026-07-29 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2026-07-29T00:00:00.000Z #### Dates - Event date: 2026-10-06T00:00:00.000Z Reasoning: This resource estimate is a restatement of an announcement made on 29 July 2026, providing no new information in this document. - Positive factor: JORC Compliant - Positive factor: QP/CP Signed - Negative factor: Stale Data Re-release - Negative factor: Inferred Resource Evidence · table > 0.94 Context: 6,057,000 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **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 **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/lm1-exploration-set-to-commence-in-the-gascoyne-region--0c68d557-4e99-4245-ae17-23da056e016d#fact-resource-facts-6) Marda Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Marda Gold Project - Commodity: gold - Region: australia\_wa - Reported Region: Western Australia - Ticker: LM1 #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Resource group id: resource:5ce81d29f213344dc04a - Deposit or zone: Goldstream - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 239000 - Grade: 1.1 - Grade Unit: g/t - Contained Metal: 8500 - Contained Unit: oz - Cutoff Grade: 0.3 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2026-07-29 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2026-07-29T00:00:00.000Z #### Dates - Event date: 2026-10-06T00:00:00.000Z Reasoning: This resource estimate is a restatement of an announcement made on 29 July 2026, providing no new information in this document. - Positive factor: JORC Compliant - Positive factor: QP/CP Signed - Negative factor: Stale Data Re-release - Negative factor: Inferred Resource Evidence · table > 1.10 Context: 239,000 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **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 **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/lm1-exploration-set-to-commence-in-the-gascoyne-region--0c68d557-4e99-4245-ae17-23da056e016d#fact-resource-facts-7) Marda Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Marda Gold Project - Commodity: gold - Region: australia\_wa - Reported Region: Western Australia - Ticker: LM1 #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Resource group id: resource:02b862a6ceda9e791de3 - Deposit or zone: Python - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 323000 - Grade: 1.3 - Grade Unit: g/t - Contained Metal: 13500 - Contained Unit: oz - Cutoff Grade: 0.3 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2026-07-29 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2026-07-29T00:00:00.000Z #### Dates - Event date: 2026-10-06T00:00:00.000Z Reasoning: This resource estimate is a restatement of an announcement made on 29 July 2026, providing no new information in this document. - Positive factor: JORC Compliant - Positive factor: QP/CP Signed - Positive factor: Indicated Resource - Negative factor: Stale Data Re-release Evidence · table > 1.30 Context: 323,000 #### 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 **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/lm1-exploration-set-to-commence-in-the-gascoyne-region--0c68d557-4e99-4245-ae17-23da056e016d#fact-resource-facts-8) Marda Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Marda Gold Project - Commodity: gold - Region: australia\_wa - Reported Region: Western Australia - Ticker: LM1 #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Resource group id: resource:a4b9399ab93be894e5f7 - Deposit or zone: Python - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 416000 - Grade: 1.26 - Grade Unit: g/t - Contained Metal: 16900 - Contained Unit: oz - Cutoff Grade: 0.3 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2026-07-29 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2026-07-29T00:00:00.000Z #### Dates - Event date: 2026-10-06T00:00:00.000Z Reasoning: This resource estimate is a restatement of an announcement made on 29 July 2026, providing no new information in this document. - Positive factor: JORC Compliant - Positive factor: QP/CP Signed - Negative factor: Stale Data Re-release - Negative factor: Inferred Resource Evidence · table > 1.26 Context: 416,000 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **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 **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/lm1-exploration-set-to-commence-in-the-gascoyne-region--0c68d557-4e99-4245-ae17-23da056e016d#fact-resource-facts-9) Marda Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Marda Gold Project - Commodity: gold - Region: australia\_wa - Reported Region: Western Australia - Ticker: LM1 #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Resource group id: resource:5f6d5c4bd9781b0d5b74 - Deposit or zone: Python \(below pit shell\) - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 7000 - Grade: 2.36 - Grade Unit: g/t - Contained Metal: 600 - Contained Unit: oz - Cutoff Grade: 1.5 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2026-07-29 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2026-07-29T00:00:00.000Z #### Dates - Event date: 2026-10-06T00:00:00.000Z Reasoning: This resource estimate is a restatement of an announcement made on 29 July 2026, providing no new information in this document. - Positive factor: JORC Compliant - Positive factor: QP/CP Signed - Positive factor: Indicated Resource - Negative factor: Stale Data Re-release Evidence · table > 2.36 Context: 7,000 #### 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 **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/lm1-exploration-set-to-commence-in-the-gascoyne-region--0c68d557-4e99-4245-ae17-23da056e016d#fact-resource-facts-10) Marda Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Marda Gold Project - Commodity: gold - Region: australia\_wa - Reported Region: Western Australia - Ticker: LM1 #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Resource group id: resource:583311d3491d0e4046b8 - Deposit or zone: Python \(below pit shell\) - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 170000 - Grade: 1.89 - Grade Unit: g/t - Contained Metal: 10300 - Contained Unit: oz - Cutoff Grade: 1.5 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2026-07-29 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2026-07-29T00:00:00.000Z #### Dates - Event date: 2026-10-06T00:00:00.000Z Reasoning: This resource estimate is a restatement of an announcement made on 29 July 2026, providing no new information in this document. - Positive factor: JORC Compliant - Positive factor: QP/CP Signed - Negative factor: Stale Data Re-release - Negative factor: Inferred Resource Evidence · table > 1.89 Context: 170,000 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **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 **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/lm1-exploration-set-to-commence-in-the-gascoyne-region--0c68d557-4e99-4245-ae17-23da056e016d#fact-resource-facts-11) Marda Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Marda Gold Project - Commodity: gold - Region: australia\_wa - Reported Region: Western Australia - Ticker: LM1 #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Resource group id: resource:872a98de6452debaf75f - Deposit or zone: Dolly Pot - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 219000 - Grade: 1.5 - Grade Unit: g/t - Contained Metal: 10600 - Contained Unit: oz - Cutoff Grade: 0.3 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2026-07-29 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2026-07-29T00:00:00.000Z #### Dates - Event date: 2026-10-06T00:00:00.000Z Reasoning: This resource estimate is a restatement of an announcement made on 29 July 2026, providing no new information in this document. - Positive factor: JORC Compliant - Positive factor: QP/CP Signed - Positive factor: Indicated Resource - Negative factor: Stale Data Re-release Evidence · table > 1.50 Context: 219,000 #### 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 **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/lm1-exploration-set-to-commence-in-the-gascoyne-region--0c68d557-4e99-4245-ae17-23da056e016d#fact-resource-facts-12) Marda Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Marda Gold Project - Commodity: gold - Region: australia\_wa - Reported Region: Western Australia - Ticker: LM1 #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Resource group id: resource:502aaef031ea0162fc7f - Deposit or zone: Dolly Pot - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 295000 - Grade: 1.43 - Grade Unit: g/t - Contained Metal: 13500 - Contained Unit: oz - Cutoff Grade: 0.3 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2026-07-29 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2026-07-29T00:00:00.000Z #### Dates - Event date: 2026-10-06T00:00:00.000Z Reasoning: This resource estimate is a restatement of an announcement made on 29 July 2026, providing no new information in this document. - Positive factor: JORC Compliant - Positive factor: QP/CP Signed - Negative factor: Stale Data Re-release - Negative factor: Inferred Resource Evidence · table > 1.43 Context: 295,000 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **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 **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/lm1-exploration-set-to-commence-in-the-gascoyne-region--0c68d557-4e99-4245-ae17-23da056e016d#fact-resource-facts-13) Marda Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Marda Gold Project - Commodity: gold - Region: australia\_wa - Reported Region: Western Australia - Ticker: LM1 #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Resource group id: resource:756f72bfc3561478b006 - Deposit or zone: Taipan - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 505000 - Grade: 0.86 - Grade Unit: g/t - Contained Metal: 13900 - Contained Unit: oz - Cutoff Grade: 0.3 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2026-07-29 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2026-07-29T00:00:00.000Z #### Dates - Event date: 2026-10-06T00:00:00.000Z Reasoning: This resource estimate is a restatement of an announcement made on 29 July 2026, providing no new information in this document. - Positive factor: JORC Compliant - Positive factor: QP/CP Signed - Negative factor: Stale Data Re-release - Negative factor: Inferred Resource Evidence · table > 0.86 Context: 505,000 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **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 **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/lm1-exploration-set-to-commence-in-the-gascoyne-region--0c68d557-4e99-4245-ae17-23da056e016d#fact-resource-facts-14) Marda Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Marda Gold Project - Commodity: gold - Region: australia\_wa - Reported Region: Western Australia - Ticker: LM1 #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Resource group id: resource:290a08b92ec17479c7af - Deposit or zone: Dugite - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 97000 - Grade: 1.25 - Grade Unit: g/t - Contained Metal: 3900 - Contained Unit: oz - Cutoff Grade: 0.3 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2026-07-29 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2026-07-29T00:00:00.000Z #### Dates - Event date: 2026-10-06T00:00:00.000Z Reasoning: This resource estimate is a restatement of an announcement made on 29 July 2026, providing no new information in this document. - Positive factor: JORC Compliant - Positive factor: QP/CP Signed - Positive factor: Indicated Resource - Negative factor: Stale Data Re-release Evidence · table > 1.25 Context: 97,000 #### 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 **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/lm1-exploration-set-to-commence-in-the-gascoyne-region--0c68d557-4e99-4245-ae17-23da056e016d#fact-resource-facts-15) Marda Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Marda Gold Project - Commodity: gold - Region: australia\_wa - Reported Region: Western Australia - Ticker: LM1 #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Resource group id: resource:7a10b14417bd408bcff5 - Deposit or zone: Dugite - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 82000 - Grade: 1.04 - Grade Unit: g/t - Contained Metal: 2700 - Contained Unit: oz - Cutoff Grade: 0.3 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2026-07-29 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2026-07-29T00:00:00.000Z #### Dates - Event date: 2026-10-06T00:00:00.000Z Reasoning: This resource estimate is a restatement of an announcement made on 29 July 2026, providing no new information in this document. - Positive factor: JORC Compliant - Positive factor: QP/CP Signed - Negative factor: Stale Data Re-release - Negative factor: Inferred Resource Evidence · table > 1.04 Context: 82,000 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **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 **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/lm1-exploration-set-to-commence-in-the-gascoyne-region--0c68d557-4e99-4245-ae17-23da056e016d#fact-resource-facts-16) Marda Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Marda Gold Project - Commodity: gold - Region: australia\_wa - Reported Region: Western Australia - Ticker: LM1 #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Resource group id: resource:abededa4417ab9a9b8ef - Deposit or zone: Marda Central Total - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 646000 - Grade: 1.37 - Grade Unit: g/t - Contained Metal: 28600 - Contained Unit: oz - Cutoff Grade: 0.3 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2026-07-29 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2026-07-29T00:00:00.000Z #### Dates - Event date: 2026-10-06T00:00:00.000Z Reasoning: This resource estimate is a restatement of an announcement made on 29 July 2026, providing no new information in this document. - Positive factor: JORC Compliant - Positive factor: QP/CP Signed - Positive factor: Indicated Resource - Negative factor: Stale Data Re-release Evidence · table > 1.37 Context: 646,000 #### 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 **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/lm1-exploration-set-to-commence-in-the-gascoyne-region--0c68d557-4e99-4245-ae17-23da056e016d#fact-resource-facts-17) Marda Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Marda Gold Project - Commodity: gold - Region: australia\_wa - Reported Region: Western Australia - Ticker: LM1 #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Resource group id: resource:589d2eb1e6810c3469bc - Deposit or zone: Marda Central Total - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 1708000 - Grade: 1.2 - Grade Unit: g/t - Contained Metal: 65800 - Contained Unit: oz - Cutoff Grade: 0.3 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2026-07-29 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2026-07-29T00:00:00.000Z #### Dates - Event date: 2026-10-06T00:00:00.000Z Reasoning: This resource estimate is a restatement of an announcement made on 29 July 2026, providing no new information in this document. - Positive factor: JORC Compliant - Positive factor: QP/CP Signed - Negative factor: Stale Data Re-release - Negative factor: Inferred Resource Evidence · table > 1.20 Context: 1,708,000 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **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 **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/lm1-exploration-set-to-commence-in-the-gascoyne-region--0c68d557-4e99-4245-ae17-23da056e016d#fact-resource-facts-18) Marda Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Marda Gold Project - Commodity: gold - Region: australia\_wa - Reported Region: Western Australia - Ticker: LM1 #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Resource group id: resource:08325d2942a1e4853b70 - Deposit or zone: South Golden Orb - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 510000 - Grade: 1.56 - Grade Unit: g/t - Contained Metal: 25700 - Contained Unit: oz - Cutoff Grade: 0.3 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2026-07-29 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2026-07-29T00:00:00.000Z #### Dates - Event date: 2026-10-06T00:00:00.000Z Reasoning: This resource estimate is a restatement of an announcement made on 29 July 2026, providing no new information in this document. - Positive factor: JORC Compliant - Positive factor: QP/CP Signed - Negative factor: Stale Data Re-release - Negative factor: Inferred Resource Evidence · table > 1.56 Context: 510,000 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **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 **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/lm1-exploration-set-to-commence-in-the-gascoyne-region--0c68d557-4e99-4245-ae17-23da056e016d#fact-resource-facts-19) Marda Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Marda Gold Project - Commodity: gold - Region: australia\_wa - Reported Region: Western Australia - Ticker: LM1 #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Resource group id: resource:4f7797bd59107f613e4f - Deposit or zone: Total - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 3115000 - Grade: 1.04 - Grade Unit: g/t - Contained Metal: 104000 - Contained Unit: oz - Cutoff Grade: 0.3 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2026-07-29 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2026-07-29T00:00:00.000Z #### Dates - Event date: 2026-10-06T00:00:00.000Z Reasoning: This resource estimate is a restatement of an announcement made on 29 July 2026, providing no new information in this document. - Positive factor: JORC Compliant - Positive factor: QP/CP Signed - Positive factor: Indicated Resource - Negative factor: Stale Data Re-release Evidence · table > 1.04 Context: 3,115,000 #### 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 **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/lm1-exploration-set-to-commence-in-the-gascoyne-region--0c68d557-4e99-4245-ae17-23da056e016d#fact-resource-facts-20) Marda Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Marda Gold Project - Commodity: gold - Region: australia\_wa - Reported Region: Western Australia - Ticker: LM1 #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Resource group id: resource:11f912ccccd8021f413a - Deposit or zone: Total - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 8275000 - Grade: 1.03 - Grade Unit: g/t - Contained Metal: 274600 - Contained Unit: oz - Cutoff Grade: 0.3 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2026-07-29 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2026-07-29T00:00:00.000Z #### Dates - Event date: 2026-10-06T00:00:00.000Z Reasoning: This resource estimate is a restatement of an announcement made on 29 July 2026, providing no new information in this document. - Positive factor: JORC Compliant - Positive factor: QP/CP Signed - Negative factor: Stale Data Re-release - Negative factor: Inferred Resource Evidence · table > 1.03 Context: 8,275,000 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **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 **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.