LM8: Hustler F/W Results, Cooee / Killarney North

Original announcement by asx on

Company
LUNNON METALS LIMITED
Ticker
LM8
Exchange
ASX
Region
Western Australia
Primary commodity
Gold
Secondary commodities
Nickel, Copper, Palladium, Platinum
Document categories
Drill results, Resource update, Metallurgy
Extracted
2026-10-19 22:34:57 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Lunnon Metals Limited announced new gold drill results from its Foster-Baker gold project in Western Australia, including 6m at 4.31 g/t Au from Hustler Footwall. These results will be integrated into an upcoming Mineral Resource Estimate update for open pit optimization. However, the company will not pursue further drilling at Hustler, Cooee, or Killarney North, as results from the latter two targets were not indicative of a significant mineralized position.

Reasoning: The document reports new gold drill results from Hustler, Cooee, and Killarney North, with the Hustler results being incorporated into an upcoming MRE update for open pit optimization. However, the company has decided against further drilling at these targets due to limited scale potential, indicating a mixed outlook for these specific prospects. The document also provides an updated gold resource estimate and historical metallurgical recovery data.

Positive factors

  • New gold intercepts reported from Hustler, Cooee, and Killarney North targets.
  • Hustler results will be incorporated into an upcoming Mineral Resource Estimate (MRE) update for open pit optimization, indicating potential for development.
  • Extensive QA/QC disclosure and JORC compliance provide high confidence in the reported data.
  • Historical metallurgical test work for Lady Herial showed high gold recoveries (91.4-94.6%), suggesting amenability to processing.

Negative factors

  • No further drilling is planned for Hustler, Cooee, or Killarney North, indicating limited perceived potential for significant expansion at these specific targets.
  • Results from Cooee and Killarney North were deemed "not indicative of a significant mineralised position", leading to cessation of further exploration at these prospects.
  • The detailed results of the Mineral Resource Estimate update are not yet released, limiting full assessment of its impact.

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 68

Classification and evidence

QA/QC Disclosedpositive

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

Why it applies: The release includes extensive QA/QC disclosure in JORC Table 1 Section 1, detailing sampling techniques, sample preparation, and laboratory procedures, including the use of standards, blanks, and duplicates.

Evidence · text

“All drilling and sampling are undertaken in an industry standard manner both by Lunnon Metals Ltd (Lunnon Metals or the Company) since 2021 and historically by both Gold Fields Ltd (Gold Fields) from 2001 to 2014 and WMC Resources Ltd (WMC) from 1966 to 2001 (collectively Previous Owners).”

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: The document states that for the highlights, "true widths typically approximate the drilled width", providing a general indication of the relationship between downhole and true width.

Evidence · text

“true widths typically approximate the drilled width”

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: The Competent Persons' Statements confirm that the information is based on and fairly represents documentation prepared by individuals who qualify as Competent Persons as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code).

Evidence · text

“qualify as Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code)”

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: Multiple Competent Persons (Mr Aaron Wehrle, Mr Stephen Law, Mr Barry Cloutt, Mr Max Sheppard, Mr Edmund Ainscough) are named and consent to the inclusion of matters based on their information, fulfilling the QP/CP sign-off requirement.

Evidence · text

“Mr Aaron Wehrle, who is a Member of the Australasian Institute of Mining and Metallurgy (AusIMM). Mr Wehrle is a full-time employee of the Company, a shareholder and holder of employee performance rights; he has sufficient experience that is relevant to the style of mineralisation and types of deposit under consideration and to the activity that he is undertaking to qualify as Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code).”

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: The document explicitly states the cut-off grade used for reporting drill results (>0.5 g/t Au) and for the gold Mineral Resources (0.5 g/t Au).

Evidence · text

“>0.5 g/t Au cut-off”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: The document specifies that composite grades are calculated as sample-length weighted averages and details internal dilution rules for reported intervals, such as 'Includes 3m internal dilution' and 'Maximum 4m of internal dilution'.

Evidence · text

“Any grades composited and reported to represent an interpreted mineralised intercept of significance are reported as sample-length weighted averages over that drill intercept.”

No Further Drillingnegative · Story-specific tag

No canonical definition is currently available.

Why it applies: The company explicitly states that no further drilling is planned at Hustler, Cooee, or Killarney North, indicating a decision to move on from these targets.

Evidence · text

“No further drilling planned at Hustler”

Limited Potentialnegative · Story-specific tag

No canonical definition is currently available.

Why it applies: The company states that results at Cooee and Killarney North were "not indicative of a significant mineralised position", leading to no further bedrock RC or diamond drilling.

Evidence · text

“whilst the results at Cooee and Killarney North were both encouraging, they are not indicative of a significant mineralised position, so our job is to report them and move on to the next test as quickly as possible.”

Historical Metallurgyneutral · Story-specific tag

No canonical definition is currently available.

Why it applies: The metallurgical test work results for Lady Herial are from previous announcements (17 February 2025 and 14 August 2025) and are being restated for context.

Evidence · text

“The results of this test work have been previously reported on 17 February 2025 and 14 August 2025.”

Resource Updateneutral

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

Why it applies: The document announces that a Mineral Resource update is underway for Hustler, incorporating the latest drill results.

Evidence · text

“Mineral Resource update underway”

Gravity Routeneutral

Gravity separation forms a material part of the flowsheet.

Why it applies: the document describes a gravity route ("gravity")

Single Domain Onlynegative

Testing limited to one composite or domain — representativeness not established.

Why it applies: only one composite was tested

Extracted facts

Stored fact records: 68. Some facts used in scoring do not have a stored record.

Drill Results (32)

HUS26RC_034Foster-Baker · goldGrade: 4.31Grade Unit: g/tIntercept: 6 mView all details
Link to this fact

Identity

Hole ID
HUS26RC_034
Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
4.31
Grade Unit
g/t
Intercept
6 m
From
29 m
To
35 m
Hole Depth
36 m
Intercept Depth
29 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
HUS26RC_034:29-35
Mining Method
open_pit

Location

Location
Hustler Footwall
Easting
383519.6
Northing
6529488
Elevation
324.7 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Intertek Genalysis
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This intercept shows good grade and width for an open pit target and will be used in an upcoming resource update, indicating its materiality.

Positive factors

  • Good grade (4.31 g/t Au) for an open pit target.
  • Moderate width (6m) contributes to contained metal.
  • Intercept will be included in an MRE update for open pit optimisation.

Evidence · text

“HUS26RC_034: 6m @ 4.31 g/t Au (from 29m)”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

HUS26RC_034Foster-Baker · goldGrade: 23.8Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
HUS26RC_034
Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
23.8
Grade Unit
g/t
Intercept
1 m
From
33 m
To
34 m
Hole Depth
36 m
Intercept Depth
29 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
HUS26RC_034:33-34
Mining Method
open_pit

Location

Location
Hustler Footwall
Easting
383519.6
Northing
6529488
Elevation
324.7 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Intertek Genalysis
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This bonanza-grade sub-interval significantly enhances the overall intercept's value, demonstrating high-grade mineralization.

Positive factors

  • Exceptional grade (23.80 g/t Au) for an orogenic gold deposit.
  • High-grade sub-interval within a broader mineralized zone.

Evidence · text

“including 33.0 1.0 23.80 1.0”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

HUS26RC_057Foster-Baker · goldGrade: 3.46Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
HUS26RC_057
Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
3.46
Grade Unit
g/t
Intercept
2 m
From
21 m
To
23 m
Hole Depth
30 m
Intercept Depth
21 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
HUS26RC_057:21-23
Mining Method
open_pit

Location

Location
Hustler Footwall
Easting
383549.6
Northing
6529477.1
Elevation
323.3 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Intertek Genalysis
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t Au
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This intercept provides a good grade at shallow depth, contributing positively to the Hustler target's potential for open pit mining.

Positive factors

  • Strong grade (3.46 g/t Au) for an open pit target.
  • Shallow depth (21m) is favorable for open pit mining.

Evidence · text

“HUS26RC_057: 2m @ 3.46 g/t Au (from 21m)”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

COE26RC_049Foster-Baker · goldGrade: 1.41Grade Unit: g/tIntercept: 10 mView all details
Link to this fact

Identity

Hole ID
COE26RC_049
Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
1.41
Grade Unit
g/t
Intercept
10 m
From
62 m
To
72 m
Hole Depth
90 m
Intercept Depth
62 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
COE26RC_049:62-72
Mining Method
open_pit

Location

Location
Cooee
Easting
384530
Northing
6529242
Elevation
328 m
Azimuth
2 °
Dip
-59.7 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Intertek Genalysis
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: While the intercept shows economic grade and width, the company's decision to cease further drilling indicates limited perceived potential for this target.

Positive factors

  • Moderate width (10m) and economic grade (1.41 g/t Au) for an open pit target.

Negative factors

  • Company states results are "not indicative of a significant mineralised position" and no further drilling is planned.

Evidence · text

“COE26RC_049: 10m @ 1.41 g/t Au (from 62m)”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

COE26RC_049Foster-Baker · goldGrade: 4.91Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
COE26RC_049
Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
4.91
Grade Unit
g/t
Intercept
1 m
From
62 m
To
63 m
Hole Depth
90 m
Intercept Depth
62 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
COE26RC_049:62-63
Mining Method
open_pit

Location

Location
Cooee
Easting
384530
Northing
6529242
Elevation
328 m
Azimuth
2 °
Dip
-59.7 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Intertek Genalysis
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This high-grade sub-interval is positive, but the overall assessment of the target by the company is negative for further exploration.

Positive factors

  • Strong grade (4.91 g/t Au) for an open pit target.

Negative factors

  • Company states results are "not indicative of a significant mineralised position" and no further drilling is planned.

Evidence · text

“including 62.0 1.0 4.91 1.0”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

COE26RC_049Foster-Baker · goldGrade: 3.65Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
COE26RC_049
Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
3.65
Grade Unit
g/t
Intercept
2 m
From
65 m
To
67 m
Hole Depth
90 m
Intercept Depth
62 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
COE26RC_049:65-67
Mining Method
open_pit

Location

Location
Cooee
Easting
384530
Northing
6529242
Elevation
328 m
Azimuth
2 °
Dip
-59.7 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Intertek Genalysis
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This high-grade sub-interval is positive, but the overall assessment of the target by the company is negative for further exploration.

Positive factors

  • Strong grade (3.65 g/t Au) for an open pit target.

Negative factors

  • Company states results are "not indicative of a significant mineralised position" and no further drilling is planned.

Evidence · text

“including 65.0 2.0 3.65 1.0”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

COE26RC_049Foster-Baker · goldGrade: 1.36Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
COE26RC_049
Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
1.36
Grade Unit
g/t
Intercept
1 m
From
71 m
To
72 m
Hole Depth
90 m
Intercept Depth
62 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
COE26RC_049:71-72
Mining Method
open_pit

Location

Location
Cooee
Easting
384530
Northing
6529242
Elevation
328 m
Azimuth
2 °
Dip
-59.7 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Intertek Genalysis
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This economic-grade sub-interval is positive, but the overall assessment of the target by the company is negative for further exploration.

Positive factors

  • Economic grade (1.36 g/t Au) for an open pit target.

Negative factors

  • Company states results are "not indicative of a significant mineralised position" and no further drilling is planned.

Evidence · text

“including 71.0 1.0 1.36 1.0”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

LBS26RC_027Foster-Baker · goldGrade: 1.92Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
LBS26RC_027
Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
1.92
Grade Unit
g/t
Intercept
1 m
From
44 m
To
45 m
Hole Depth
150 m
Intercept Depth
44 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
LBS26RC_027:44-45
Mining Method
open_pit

Location

Location
Killarney North
Easting
384422
Northing
6530257
Elevation
322 m
Azimuth
292.1 °
Dip
-60.6 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Intertek Genalysis
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t Au
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This narrow intercept, while economic, is not considered significant by the company, leading to no further drilling at this target.

Positive factors

  • Economic grade (1.92 g/t Au) for an open pit target.

Negative factors

  • Narrow width (1m) limits its overall impact.
  • Company states results are "not indicative of a significant mineralised position" and no further drilling is planned.

Evidence · text

“LBS26RC_027: 1m @ 1.92 g/t Au (from 44m)”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

HUS26RC_027Foster-Baker · goldGrade: 1.53Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
HUS26RC_027
Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
1.53
Grade Unit
g/t
Intercept
1 m
From
38 m
To
39 m
Hole Depth
42 m
Intercept Depth
38 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
HUS26RC_027:38-39
Mining Method
open_pit

Location

Location
FW Structure
Easting
383519.6
Northing
6529497.6
Elevation
324.4 m
Azimuth
99.7 °
Dip
-89.4 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Intertek Genalysis
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t Au
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This narrow intercept shows economic grade but is not highly material on its own.

Positive factors

  • Economic grade (1.53 g/t Au) for an open pit target.

Negative factors

  • Narrow width (1m) limits its overall impact.

Evidence · table

“1.53”

Context: 1.0

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

HUS26RC_029AFoster-Baker · goldGrade: 1.2Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
HUS26RC_029A
Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
1.2
Grade Unit
g/t
Intercept
2 m
From
31 m
To
33 m
Hole Depth
42 m
Intercept Depth
31 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
HUS26RC_029A:31-33
Mining Method
open_pit

Location

Location
FW Structure
Easting
383509.8
Northing
6529488.5
Elevation
324.6 m
Azimuth
88.2 °
Dip
-89.4 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Intertek Genalysis
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t Au
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This intercept shows economic grade and contributes to the overall understanding of the Hustler target.

Positive factors

  • Economic grade (1.20 g/t Au) for an open pit target.

Evidence · table

“1.20”

Context: 2.0

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

HUS26RC_029AFoster-Baker · goldGrade: 1.88Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
HUS26RC_029A
Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
1.88
Grade Unit
g/t
Intercept
1 m
From
31 m
To
32 m
Hole Depth
42 m
Intercept Depth
31 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
HUS26RC_029A:31-32
Mining Method
open_pit

Location

Location
FW Structure
Easting
383509.8
Northing
6529488.5
Elevation
324.6 m
Azimuth
88.2 °
Dip
-89.4 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Intertek Genalysis
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This narrow intercept shows economic grade and contributes to the overall understanding of the Hustler target.

Positive factors

  • Economic grade (1.88 g/t Au) for an open pit target.

Evidence · table

“1.88”

Context: 1.0

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

HUS26RC_053Foster-Baker · goldGrade: 1.13Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
HUS26RC_053
Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
1.13
Grade Unit
g/t
Intercept
1 m
From
14 m
To
15 m
Hole Depth
36 m
Intercept Depth
14 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
HUS26RC_053:14-15
Mining Method
open_pit

Location

Location
Other
Easting
383549.5
Northing
6529486.8
Elevation
323.7 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Intertek Genalysis
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t Au
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This narrow intercept shows economic grade at shallow depth, but is not highly material on its own.

Positive factors

  • Economic grade (1.13 g/t Au) at shallow depth.

Negative factors

  • Narrow width (1m) limits its overall impact.

Evidence · table

“1.13”

Context: 1.0

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

HUS26RC_053Foster-Baker · goldGrade: 1.43Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
HUS26RC_053
Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
1.43
Grade Unit
g/t
Intercept
2 m
From
28 m
To
30 m
Hole Depth
36 m
Intercept Depth
14 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
HUS26RC_053:28-30
Mining Method
open_pit

Location

Location
FW Structure
Easting
383549.5
Northing
6529486.8
Elevation
323.7 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Intertek Genalysis
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t Au
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This intercept shows economic grade at shallow depth, contributing to the overall understanding of the Hustler target.

Positive factors

  • Economic grade (1.43 g/t Au) at shallow depth.

Evidence · table

“1.43”

Context: 2.0

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

HUS26RC_054Foster-Baker · goldGrade: 0.78Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
HUS26RC_054
Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
0.78
Grade Unit
g/t
Intercept
2 m
From
24 m
To
26 m
Hole Depth
36 m
Intercept Depth
24 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
HUS26RC_054:24-26
Mining Method
open_pit

Location

Location
FW Structure
Easting
383519.8
Northing
6529476.8
Elevation
324.8 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Intertek Genalysis
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t Au
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This intercept shows economic grade at shallow depth, contributing to the overall understanding of the Hustler target.

Positive factors

  • Economic grade (0.78 g/t Au) at shallow depth.

Evidence · table

“0.78”

Context: 2.0

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

HUS26RC_055Foster-Baker · goldGrade: 0.92Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
HUS26RC_055
Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
0.92
Grade Unit
g/t
Intercept
1 m
From
24 m
To
25 m
Hole Depth
42 m
Intercept Depth
24 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
HUS26RC_055:24-25
Mining Method
open_pit

Location

Location
FW Structure
Easting
383529.5
Northing
6529477
Elevation
324.3 m
Azimuth
215.7 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Intertek Genalysis
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t Au
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This narrow intercept shows economic grade at shallow depth, contributing to the overall understanding of the Hustler target.

Positive factors

  • Economic grade (0.92 g/t Au) at shallow depth.

Evidence · table

“0.92”

Context: 1.0

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

HUS26RC_059Foster-Baker · goldGrade: 0.52Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
HUS26RC_059
Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
0.52
Grade Unit
g/t
Intercept
1 m
From
13 m
To
14 m
Hole Depth
30 m
Intercept Depth
13 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
HUS26RC_059:13-14
Mining Method
open_pit

Location

Location
FW Structure
Easting
383530.1
Northing
6529466.6
Elevation
324.3 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Intertek Genalysis
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t Au
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This narrow intercept shows economic grade at shallow depth, but is not highly material on its own.

Positive factors

  • Economic grade (0.52 g/t Au) at shallow depth.

Negative factors

  • Narrow width (1m) limits its overall impact.

Evidence · table

“0.52”

Context: 1.0

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

HUS26RC_059Foster-Baker · goldGrade: 0.83Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
HUS26RC_059
Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
0.83
Grade Unit
g/t
Intercept
1 m
From
24 m
To
25 m
Hole Depth
30 m
Intercept Depth
13 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
HUS26RC_059:24-25
Mining Method
open_pit

Location

Location
Other
Easting
383530.1
Northing
6529466.6
Elevation
324.3 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Intertek Genalysis
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t Au
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This narrow intercept shows economic grade at shallow depth, but is not highly material on its own.

Positive factors

  • Economic grade (0.83 g/t Au) at shallow depth.

Negative factors

  • Narrow width (1m) limits its overall impact.

Evidence · table

“0.83”

Context: 1.0

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

HUS26RC_063Foster-Baker · goldGrade: 0.8Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
HUS26RC_063
Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
0.8
Grade Unit
g/t
Intercept
3 m
From
16 m
To
19 m
Hole Depth
24 m
Intercept Depth
16 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
HUS26RC_063:16-19
Mining Method
open_pit

Location

Location
FW Structure
Easting
383549.4
Northing
6529466.8
Elevation
323.4 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Intertek Genalysis
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t Au
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This intercept shows economic grade at shallow depth, contributing to the overall understanding of the Hustler target.

Positive factors

  • Economic grade (0.80 g/t Au) at shallow depth.

Evidence · table

“0.80”

Context: 3.0

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

HUS26RC_063Foster-Baker · goldGrade: 1.27Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
HUS26RC_063
Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
1.27
Grade Unit
g/t
Intercept
1 m
From
18 m
To
19 m
Hole Depth
24 m
Intercept Depth
16 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
HUS26RC_063:18-19
Mining Method
open_pit

Location

Location
FW Structure
Easting
383549.4
Northing
6529466.8
Elevation
323.4 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Intertek Genalysis
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This narrow intercept shows economic grade at shallow depth, but is not highly material on its own.

Positive factors

  • Economic grade (1.27 g/t Au) at shallow depth.

Negative factors

  • Narrow width (1m) limits its overall impact.

Evidence · table

“1.27”

Context: 1.0

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

COE26RC_045Foster-Baker · goldGrade: 1.54Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
COE26RC_045
Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
1.54
Grade Unit
g/t
Intercept
1 m
From
3 m
To
4 m
Hole Depth
48 m
Intercept Depth
3 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
COE26RC_045:3-4
Mining Method
open_pit

Location

Location
Cooee Workings
Easting
384625
Northing
6529305
Elevation
329.8 m
Azimuth
1.6 °
Dip
-58.5 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Intertek Genalysis
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t Au
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This narrow intercept shows economic grade at very shallow depth, but the company's decision to cease further drilling indicates limited perceived potential for this target.

Positive factors

  • Economic grade (1.54 g/t Au) at very shallow depth.

Negative factors

  • Narrow width (1m) limits its overall impact.
  • Company states results are "not indicative of a significant mineralised position" and no further drilling is planned.

Evidence · table

“1.54”

Context: 1.0

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

COE26RC_046Foster-Baker · goldGrade: 0.66Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
COE26RC_046
Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
0.66
Grade Unit
g/t
Intercept
1 m
From
17 m
To
18 m
Hole Depth
42 m
Intercept Depth
17 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
COE26RC_046:17-18
Mining Method
open_pit

Location

Location
Cooee Workings
Easting
384565
Northing
6529317
Elevation
330.8 m
Azimuth
2.5 °
Dip
-59.8 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Intertek Genalysis
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t Au
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This narrow intercept shows economic grade at shallow depth, but the company's decision to cease further drilling indicates limited perceived potential for this target.

Positive factors

  • Economic grade (0.66 g/t Au) at shallow depth.

Negative factors

  • Narrow width (1m) limits its overall impact.
  • Company states results are "not indicative of a significant mineralised position" and no further drilling is planned.

Evidence · table

“0.66”

Context: 1.0

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

COE26RC_046Foster-Baker · goldGrade: 1.51Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
COE26RC_046
Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
1.51
Grade Unit
g/t
Intercept
2 m
From
25 m
To
27 m
Hole Depth
42 m
Intercept Depth
17 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
COE26RC_046:25-27
Mining Method
open_pit

Location

Location
Cooee Workings
Easting
384565
Northing
6529317
Elevation
330.8 m
Azimuth
2.5 °
Dip
-59.8 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Intertek Genalysis
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t Au
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This intercept shows economic grade at shallow depth, but the company's decision to cease further drilling indicates limited perceived potential for this target.

Positive factors

  • Economic grade (1.51 g/t Au) at shallow depth.

Negative factors

  • Company states results are "not indicative of a significant mineralised position" and no further drilling is planned.

Evidence · table

“1.51”

Context: 2.0

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

COE26RC_046Foster-Baker · goldGrade: 2.46Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
COE26RC_046
Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
2.46
Grade Unit
g/t
Intercept
1 m
From
25 m
To
26 m
Hole Depth
42 m
Intercept Depth
17 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
COE26RC_046:25-26
Mining Method
open_pit

Location

Location
Cooee Workings
Easting
384565
Northing
6529317
Elevation
330.8 m
Azimuth
2.5 °
Dip
-59.8 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Intertek Genalysis
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This narrow intercept shows strong grade at shallow depth, but the company's decision to cease further drilling indicates limited perceived potential for this target.

Positive factors

  • Strong grade (2.46 g/t Au) for an open pit target.

Negative factors

  • Narrow width (1m) limits its overall impact.
  • Company states results are "not indicative of a significant mineralised position" and no further drilling is planned.

Evidence · table

“2.46”

Context: 1.0

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

COE26RC_048Foster-Baker · goldGrade: 0.52Grade Unit: g/tIntercept: 5 mView all details
Link to this fact

Identity

Hole ID
COE26RC_048
Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
0.52
Grade Unit
g/t
Intercept
5 m
From
25 m
To
30 m
Hole Depth
102 m
Intercept Depth
25 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
COE26RC_048:25-30
Mining Method
open_pit

Location

Location
Cooee Workings
Easting
384605
Northing
6529230
Elevation
329.4 m
Azimuth
3.2 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Intertek Genalysis
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This intercept shows economic grade at shallow depth, but the company's decision to cease further drilling indicates limited perceived potential for this target.

Positive factors

  • Economic grade (0.52 g/t Au) at shallow depth.

Negative factors

  • Company states results are "not indicative of a significant mineralised position" and no further drilling is planned.

Evidence · table

“0.52”

Context: 5.0

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

COE26RC_048Foster-Baker · goldGrade: 1.46Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
COE26RC_048
Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
1.46
Grade Unit
g/t
Intercept
1 m
From
25 m
To
26 m
Hole Depth
102 m
Intercept Depth
25 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
COE26RC_048:25-26
Mining Method
open_pit

Location

Location
Cooee Workings
Easting
384605
Northing
6529230
Elevation
329.4 m
Azimuth
3.2 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Intertek Genalysis
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This narrow intercept shows economic grade at shallow depth, but the company's decision to cease further drilling indicates limited perceived potential for this target.

Positive factors

  • Economic grade (1.46 g/t Au) at shallow depth.

Negative factors

  • Narrow width (1m) limits its overall impact.
  • Company states results are "not indicative of a significant mineralised position" and no further drilling is planned.

Evidence · table

“1.46”

Context: 1.0

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

COE26RC_048Foster-Baker · goldGrade: 0.61Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
COE26RC_048
Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
0.61
Grade Unit
g/t
Intercept
1 m
From
45 m
To
46 m
Hole Depth
102 m
Intercept Depth
25 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
COE26RC_048:45-46
Mining Method
open_pit

Location

Location
Cooee Workings
Easting
384605
Northing
6529230
Elevation
329.4 m
Azimuth
3.2 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Intertek Genalysis
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This narrow intercept shows economic grade at shallow depth, but the company's decision to cease further drilling indicates limited perceived potential for this target.

Positive factors

  • Economic grade (0.61 g/t Au) at shallow depth.

Negative factors

  • Narrow width (1m) limits its overall impact.
  • Company states results are "not indicative of a significant mineralised position" and no further drilling is planned.

Evidence · table

“0.61”

Context: 1.0

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

COE26RC_048Foster-Baker · goldGrade: 0.5Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
COE26RC_048
Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
0.5
Grade Unit
g/t
Intercept
1 m
From
92 m
To
93 m
Hole Depth
102 m
Intercept Depth
25 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
COE26RC_048:92-93
Mining Method
open_pit

Location

Location
Cooee Workings
Easting
384605
Northing
6529230
Elevation
329.4 m
Azimuth
3.2 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Intertek Genalysis
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This narrow intercept shows economic grade at depth, but the company's decision to cease further drilling indicates limited perceived potential for this target.

Positive factors

  • Economic grade (0.50 g/t Au) at depth.

Negative factors

  • Narrow width (1m) limits its overall impact.
  • Company states results are "not indicative of a significant mineralised position" and no further drilling is planned.

Evidence · table

“0.50”

Context: 1.0

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

LBS26RC_022Foster-Baker · goldGrade: 0.65Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
LBS26RC_022
Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
0.65
Grade Unit
g/t
Intercept
1 m
From
31 m
To
32 m
Hole Depth
150 m
Intercept Depth
31 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
LBS26RC_022:31-32
Mining Method
open_pit

Location

Location
Killarney North
Easting
384142
Northing
6530260
Elevation
320 m
Azimuth
322.5 °
Dip
-60.3 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Intertek Genalysis
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t Au
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This narrow intercept shows economic grade at shallow depth, but the company's decision to cease further drilling indicates limited perceived potential for this target.

Positive factors

  • Economic grade (0.65 g/t Au) at shallow depth.

Negative factors

  • Narrow width (1m) limits its overall impact.
  • Company states results are "not indicative of a significant mineralised position" and no further drilling is planned.

Evidence · table

“0.65”

Context: 1.0

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

LBS26RC_022Foster-Baker · goldGrade: 1.04Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
LBS26RC_022
Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
1.04
Grade Unit
g/t
Intercept
1 m
From
37 m
To
38 m
Hole Depth
150 m
Intercept Depth
31 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
LBS26RC_022:37-38
Mining Method
open_pit

Location

Location
Killarney North
Easting
384142
Northing
6530260
Elevation
320 m
Azimuth
322.5 °
Dip
-60.3 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Intertek Genalysis
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t Au
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This narrow intercept shows economic grade at shallow depth, but the company's decision to cease further drilling indicates limited perceived potential for this target.

Positive factors

  • Economic grade (1.04 g/t Au) at shallow depth.

Negative factors

  • Narrow width (1m) limits its overall impact.
  • Company states results are "not indicative of a significant mineralised position" and no further drilling is planned.

Evidence · table

“1.04”

Context: 1.0

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

LBS26RC_023Foster-Baker · goldGrade: 0.65Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
LBS26RC_023
Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
0.65
Grade Unit
g/t
Intercept
1 m
From
47 m
To
48 m
Hole Depth
150 m
Intercept Depth
47 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
LBS26RC_023:47-48
Mining Method
open_pit

Location

Location
Killarney North
Easting
384200
Northing
6530310
Elevation
320 m
Azimuth
88.1 °
Dip
-60.1 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Intertek Genalysis
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t Au
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This narrow intercept shows economic grade at shallow depth, but the company's decision to cease further drilling indicates limited perceived potential for this target.

Positive factors

  • Economic grade (0.65 g/t Au) at shallow depth.

Negative factors

  • Narrow width (1m) limits its overall impact.
  • Company states results are "not indicative of a significant mineralised position" and no further drilling is planned.

Evidence · table

“0.65”

Context: 1.0

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

LBS26RC_027Foster-Baker · goldGrade: 0.58Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
LBS26RC_027
Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
0.58
Grade Unit
g/t
Intercept
1 m
From
92 m
To
93 m
Hole Depth
150 m
Intercept Depth
44 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
LBS26RC_027:92-93
Mining Method
open_pit

Location

Location
Killarney North
Easting
384422
Northing
6530257
Elevation
322 m
Azimuth
292.1 °
Dip
-60.6 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Intertek Genalysis
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t Au
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This narrow intercept shows economic grade at depth, but the company's decision to cease further drilling indicates limited perceived potential for this target.

Positive factors

  • Economic grade (0.58 g/t Au) at depth.

Negative factors

  • Narrow width (1m) limits its overall impact.
  • Company states results are "not indicative of a significant mineralised position" and no further drilling is planned.

Evidence · table

“0.58”

Context: 1.0

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

LBS26RC_028Foster-Baker · goldGrade: 1.21Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
LBS26RC_028
Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
LM8

Geometry

Grade
1.21
Grade Unit
g/t
Intercept
1 m
From
54 m
To
55 m
Hole Depth
150 m
Intercept Depth
54 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
LBS26RC_028:54-55
Mining Method
open_pit

Location

Location
Killarney North
Easting
384381
Northing
6530273
Elevation
322 m
Azimuth
294.4 °
Dip
-60.5 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Intertek Genalysis
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t Au
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This narrow intercept shows economic grade at shallow depth, but the company's decision to cease further drilling indicates limited perceived potential for this target.

Positive factors

  • Economic grade (1.21 g/t Au) at shallow depth.

Negative factors

  • Narrow width (1m) limits its overall impact.
  • Company states results are "not indicative of a significant mineralised position" and no further drilling is planned.

Evidence · table

“1.21”

Context: 1.0

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Resource Estimates (34)

measuredFoster-Baker · goldTonnes: 31100Grade: 2.9Grade Unit: g/tContained Metal: 2900Contained Unit: ozView all details
Link to this fact

Identity

Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
LM8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Aaron Wehrle, Mr Stephen Law
Resource group id
resource:326b577c74af0e99ec63
Deposit or zone
Lady Herial Upper

Resource Data

Category
measured
Tonnes
31100
Grade
2.9
Grade Unit
g/t
Contained Metal
2900
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-08-08

Metal Equivalent

Assumptions Disclosed
No

Lab

Laboratory
Intertek Genalysis

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This Measured resource provides high confidence and a good grade for the Lady Herial Upper zone, contributing positively to the project's overall resource base.

Positive factors

  • High confidence Measured category resource.
  • Good grade (2.9 g/t Au) for an open pit gold resource.

Evidence · table

“31,100”

Context: 2.9

Tags used in scoring

Measured Resourcepositive

Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

indicatedFoster-Baker · goldTonnes: 71100Grade: 2.7Grade Unit: g/tContained Metal: 6200Contained Unit: ozView all details
Link to this fact

Identity

Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
LM8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Aaron Wehrle, Mr Stephen Law
Resource group id
resource:a1f681c2360f05ac86db
Deposit or zone
Lady Herial Upper

Resource Data

Category
indicated
Tonnes
71100
Grade
2.7
Grade Unit
g/t
Contained Metal
6200
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-08-08

Metal Equivalent

Assumptions Disclosed
No

Lab

Laboratory
Intertek Genalysis

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This Indicated resource adds to the project's resource base with good confidence and grade, supporting future studies.

Positive factors

  • Indicated category resource provides reasonable geological confidence.
  • Good grade (2.7 g/t Au) for an open pit gold resource.

Evidence · table

“71,100”

Context: 2.7

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

inferredFoster-Baker · goldTonnes: 61000Grade: 1Grade Unit: g/tContained Metal: 1900Contained Unit: ozView all details
Link to this fact

Identity

Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
LM8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Aaron Wehrle, Mr Stephen Law
Resource group id
resource:d76c67bf255061f14bf8
Deposit or zone
Lady Herial Upper

Resource Data

Category
inferred
Tonnes
61000
Grade
1
Grade Unit
g/t
Contained Metal
1900
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-08-08

Metal Equivalent

Assumptions Disclosed
No

Lab

Laboratory
Intertek Genalysis

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This Inferred resource contributes to the total, but its lower confidence and grade make it less material than higher categories.

Positive factors

  • Adds to the overall resource base.

Negative factors

  • Inferred category has lower geological confidence.
  • Lower grade (1.0 g/t Au) compared to higher confidence categories.

Evidence · table

“61,000”

Context: 1.0

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

Lady Herial UpperFoster-Baker · goldTonnes: 163400Grade: 2.1Grade Unit: g/tContained Metal: 11000Contained Unit: ozView all details
Link to this fact

Identity

Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
LM8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Aaron Wehrle, Mr Stephen Law
Resource group id
resource:6acbbbaa7d4aa2974066
Deposit or zone
Lady Herial Upper

Resource Data

Tonnes
163400
Grade
2.1
Grade Unit
g/t
Contained Metal
11000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-08-08

Metal Equivalent

Assumptions Disclosed
No

Lab

Laboratory
Intertek Genalysis

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: The total resource for Lady Herial Upper represents a significant contribution to the project's gold inventory.

Positive factors

  • Overall resource for the Lady Herial Upper zone is of good size and grade.

Evidence · table

“163,400”

Context: 2.1

Tags used in scoring

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

indicatedFoster-Baker · goldTonnes: 700Grade: 1.9Grade Unit: g/tContained Metal: 100Contained Unit: ozView all details
Link to this fact

Identity

Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
LM8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Aaron Wehrle, Mr Stephen Law
Resource group id
resource:087205c2dbefaf86b785
Deposit or zone
Lady Herial Middle

Resource Data

Category
indicated
Tonnes
700
Grade
1.9
Grade Unit
g/t
Contained Metal
100
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-08-08

Metal Equivalent

Assumptions Disclosed
No

Lab

Laboratory
Intertek Genalysis

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This is a very small Indicated resource, contributing minimally to the overall project.

Positive factors

  • Indicated resource with economic grade.

Negative factors

  • Very small tonnage (700 t) limits its materiality.

Evidence · table

“700”

Context: 1.9

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

Lady Herial MiddleFoster-Baker · goldTonnes: 700Grade: 1.9Grade Unit: g/tContained Metal: 100Contained Unit: ozView all details
Link to this fact

Identity

Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
LM8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Aaron Wehrle, Mr Stephen Law
Resource group id
resource:5d27228af8ac8b20e318
Deposit or zone
Lady Herial Middle

Resource Data

Tonnes
700
Grade
1.9
Grade Unit
g/t
Contained Metal
100
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-08-08

Metal Equivalent

Assumptions Disclosed
No

Lab

Laboratory
Intertek Genalysis

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: The total resource for Lady Herial Middle is very small, contributing minimally to the project's gold inventory.

Positive factors

  • Overall resource for the Lady Herial Middle zone is of economic grade.

Negative factors

  • Very small tonnage (700 t) limits its materiality.

Evidence · table

“700”

Context: 1.9

Tags used in scoring

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

measuredFoster-Baker · goldTonnes: 34800Grade: 1.5Grade Unit: g/tContained Metal: 1700Contained Unit: ozView all details
Link to this fact

Identity

Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
LM8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Aaron Wehrle, Mr Stephen Law
Resource group id
resource:c2128dc7053129d4b205
Deposit or zone
Lady Herial Lower

Resource Data

Category
measured
Tonnes
34800
Grade
1.5
Grade Unit
g/t
Contained Metal
1700
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-08-08

Metal Equivalent

Assumptions Disclosed
No

Lab

Laboratory
Intertek Genalysis

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This Measured resource provides high confidence and an economic grade for the Lady Herial Lower zone, contributing positively to the project's overall resource base.

Positive factors

  • High confidence Measured category resource.
  • Economic grade (1.5 g/t Au) for an open pit gold resource.

Evidence · table

“34,800”

Context: 1.5

Tags used in scoring

Measured Resourcepositive

Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

indicatedFoster-Baker · goldTonnes: 157000Grade: 1.5Grade Unit: g/tContained Metal: 7300Contained Unit: ozView all details
Link to this fact

Identity

Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
LM8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Aaron Wehrle, Mr Stephen Law
Resource group id
resource:2d681ebbb2ce3582c19e
Deposit or zone
Lady Herial Lower

Resource Data

Category
indicated
Tonnes
157000
Grade
1.5
Grade Unit
g/t
Contained Metal
7300
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-08-08

Metal Equivalent

Assumptions Disclosed
No

Lab

Laboratory
Intertek Genalysis

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This Indicated resource adds to the project's resource base with good confidence and grade, supporting future studies.

Positive factors

  • Indicated category resource provides reasonable geological confidence.
  • Economic grade (1.5 g/t Au) for an open pit gold resource.

Evidence · table

“157,000”

Context: 1.5

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

inferredFoster-Baker · goldTonnes: 93000Grade: 2.7Grade Unit: g/tContained Metal: 8000Contained Unit: ozView all details
Link to this fact

Identity

Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
LM8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Aaron Wehrle, Mr Stephen Law
Resource group id
resource:23e0c39dec4e005ace71
Deposit or zone
Lady Herial Lower

Resource Data

Category
inferred
Tonnes
93000
Grade
2.7
Grade Unit
g/t
Contained Metal
8000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-08-08

Metal Equivalent

Assumptions Disclosed
No

Lab

Laboratory
Intertek Genalysis

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This Inferred resource contributes to the total with a good grade, but its lower confidence makes it less material than higher categories.

Positive factors

  • Adds to the overall resource base with a good grade (2.7 g/t Au).

Negative factors

  • Inferred category has lower geological confidence.

Evidence · table

“93,000”

Context: 2.7

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

Lady Herial LowerFoster-Baker · goldTonnes: 285100Grade: 1.9Grade Unit: g/tContained Metal: 17000Contained Unit: ozView all details
Link to this fact

Identity

Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
LM8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Aaron Wehrle, Mr Stephen Law
Resource group id
resource:00dd09c43bf49ad30ea0
Deposit or zone
Lady Herial Lower

Resource Data

Tonnes
285100
Grade
1.9
Grade Unit
g/t
Contained Metal
17000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-08-08

Metal Equivalent

Assumptions Disclosed
No

Lab

Laboratory
Intertek Genalysis

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: The total resource for Lady Herial Lower represents a significant contribution to the project's gold inventory.

Positive factors

  • Overall resource for the Lady Herial Lower zone is of good size and grade.

Evidence · table

“285,100”

Context: 1.9

Tags used in scoring

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

indicatedFoster-Baker · goldTonnes: 10000Grade: 1.5Grade Unit: g/tContained Metal: 500Contained Unit: ozView all details
Link to this fact

Identity

Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
LM8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Aaron Wehrle, Mr Stephen Law
Resource group id
resource:1315665748b5fb41e5a1
Deposit or zone
Lady Herial Sed/Paringa Basalt

Resource Data

Category
indicated
Tonnes
10000
Grade
1.5
Grade Unit
g/t
Contained Metal
500
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-08-08

Metal Equivalent

Assumptions Disclosed
No

Lab

Laboratory
Intertek Genalysis

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This Indicated resource adds to the project's resource base with economic grade, but its small size limits its materiality.

Positive factors

  • Indicated resource with economic grade.

Evidence · table

“10,000”

Context: 1.5

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

inferredFoster-Baker · goldTonnes: 3000Grade: 1.6Grade Unit: g/tContained Metal: 200Contained Unit: ozView all details
Link to this fact

Identity

Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
LM8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Aaron Wehrle, Mr Stephen Law
Resource group id
resource:e99ae6654477c1c8d030
Deposit or zone
Lady Herial Sed/Paringa Basalt

Resource Data

Category
inferred
Tonnes
3000
Grade
1.6
Grade Unit
g/t
Contained Metal
200
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-08-08

Metal Equivalent

Assumptions Disclosed
No

Lab

Laboratory
Intertek Genalysis

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This Inferred resource is very small and contributes minimally to the total.

Positive factors

  • Adds to the overall resource base with economic grade.

Negative factors

  • Very small tonnage and Inferred category limit its materiality.

Evidence · table

“3,000”

Context: 1.6

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

Lady Herial Sed/Paringa BasaltFoster-Baker · goldTonnes: 13000Grade: 1.7Grade Unit: g/tContained Metal: 700Contained Unit: ozView all details
Link to this fact

Identity

Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
LM8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Aaron Wehrle, Mr Stephen Law
Resource group id
resource:440f97d4e49a4f593acc
Deposit or zone
Lady Herial Sed/Paringa Basalt

Resource Data

Tonnes
13000
Grade
1.7
Grade Unit
g/t
Contained Metal
700
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-08-08

Metal Equivalent

Assumptions Disclosed
No

Lab

Laboratory
Intertek Genalysis

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: The total resource for Lady Herial Sed/Paringa Basalt is small, contributing minimally to the project's gold inventory.

Positive factors

  • Overall resource for the Lady Herial Sed/Paringa Basalt zone is of economic grade.

Negative factors

  • Small tonnage limits its materiality.

Evidence · table

“13,000”

Context: 1.7

Tags used in scoring

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

measuredFoster-Baker · goldTonnes: 33500Grade: 1.7Grade Unit: g/tContained Metal: 1800Contained Unit: ozView all details
Link to this fact

Identity

Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
LM8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Aaron Wehrle, Mr Stephen Law
Resource group id
resource:800fbe6eca4792093dc9
Deposit or zone
Lady Herial Northwest

Resource Data

Category
measured
Tonnes
33500
Grade
1.7
Grade Unit
g/t
Contained Metal
1800
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-08-08

Metal Equivalent

Assumptions Disclosed
No

Lab

Laboratory
Intertek Genalysis

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This Measured resource provides high confidence and an economic grade for the Lady Herial Northwest zone, contributing positively to the project's overall resource base.

Positive factors

  • High confidence Measured category resource.
  • Economic grade (1.7 g/t Au) for an open pit gold resource.

Evidence · table

“33,500”

Context: 1.7

Tags used in scoring

Measured Resourcepositive

Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

indicatedFoster-Baker · goldTonnes: 57900Grade: 2.1Grade Unit: g/tContained Metal: 3800Contained Unit: ozView all details
Link to this fact

Identity

Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
LM8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Aaron Wehrle, Mr Stephen Law
Resource group id
resource:c922599a2f38612ee12e
Deposit or zone
Lady Herial Northwest

Resource Data

Category
indicated
Tonnes
57900
Grade
2.1
Grade Unit
g/t
Contained Metal
3800
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-08-08

Metal Equivalent

Assumptions Disclosed
No

Lab

Laboratory
Intertek Genalysis

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This Indicated resource adds to the project's resource base with good confidence and grade, supporting future studies.

Positive factors

  • Indicated category resource provides reasonable geological confidence.
  • Good grade (2.1 g/t Au) for an open pit gold resource.

Evidence · table

“57,900”

Context: 2.1

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

inferredFoster-Baker · goldTonnes: 36000Grade: 2.3Grade Unit: g/tContained Metal: 2700Contained Unit: ozView all details
Link to this fact

Identity

Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
LM8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Aaron Wehrle, Mr Stephen Law
Resource group id
resource:3d38f4af278b60fa9056
Deposit or zone
Lady Herial Northwest

Resource Data

Category
inferred
Tonnes
36000
Grade
2.3
Grade Unit
g/t
Contained Metal
2700
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-08-08

Metal Equivalent

Assumptions Disclosed
No

Lab

Laboratory
Intertek Genalysis

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This Inferred resource contributes to the total with a good grade, but its lower confidence makes it less material than higher categories.

Positive factors

  • Adds to the overall resource base with a good grade (2.3 g/t Au).

Negative factors

  • Inferred category has lower geological confidence.

Evidence · table

“36,000”

Context: 2.3

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

Lady Herial NorthwestFoster-Baker · goldTonnes: 127400Grade: 2Grade Unit: g/tContained Metal: 8200Contained Unit: ozView all details
Link to this fact

Identity

Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
LM8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Aaron Wehrle, Mr Stephen Law
Resource group id
resource:c41a8918f479b09ecbff
Deposit or zone
Lady Herial Northwest

Resource Data

Tonnes
127400
Grade
2
Grade Unit
g/t
Contained Metal
8200
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-08-08

Metal Equivalent

Assumptions Disclosed
No

Lab

Laboratory
Intertek Genalysis

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: The total resource for Lady Herial Northwest represents a significant contribution to the project's gold inventory.

Positive factors

  • Overall resource for the Lady Herial Northwest zone is of good size and grade.

Evidence · table

“127,400”

Context: 2.0

Tags used in scoring

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

measuredFoster-Baker · goldTonnes: 110100Grade: 2Grade Unit: g/tContained Metal: 7000Contained Unit: ozView all details
Link to this fact

Identity

Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
LM8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Aaron Wehrle, Mr Stephen Law
Resource group id
resource:c359495bc6abedae6895
Deposit or zone
Lady Herial Subtotal

Resource Data

Category
measured
Tonnes
110100
Grade
2
Grade Unit
g/t
Contained Metal
7000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-08-08

Metal Equivalent

Assumptions Disclosed
No

Lab

Laboratory
Intertek Genalysis

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This Measured resource subtotal for Lady Herial is a strong positive, indicating a high-confidence portion of the project's gold inventory.

Positive factors

  • Significant Measured resource for Lady Herial, providing high confidence.
  • Good grade (2.0 g/t Au) for an open pit gold resource.

Evidence · table

“110,100”

Context: 2.0

Tags used in scoring

Measured Resourcepositive

Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

indicatedFoster-Baker · goldTonnes: 289000Grade: 1.9Grade Unit: g/tContained Metal: 17500Contained Unit: ozView all details
Link to this fact

Identity

Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
LM8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Aaron Wehrle, Mr Stephen Law
Resource group id
resource:65789e46ede090124c97
Deposit or zone
Lady Herial Subtotal

Resource Data

Category
indicated
Tonnes
289000
Grade
1.9
Grade Unit
g/t
Contained Metal
17500
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-08-08

Metal Equivalent

Assumptions Disclosed
No

Lab

Laboratory
Intertek Genalysis

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This Indicated resource subtotal for Lady Herial is a strong positive, indicating a substantial and reasonably confident portion of the project's gold inventory.

Positive factors

  • Significant Indicated resource for Lady Herial, providing reasonable confidence.
  • Good grade (1.9 g/t Au) for an open pit gold resource.

Evidence · table

“289,000”

Context: 1.9

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

inferredFoster-Baker · goldTonnes: 190000Grade: 2.1Grade Unit: g/tContained Metal: 12600Contained Unit: ozView all details
Link to this fact

Identity

Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
LM8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Aaron Wehrle, Mr Stephen Law
Resource group id
resource:4dceb0ec9a3fe2fcd4fe
Deposit or zone
Lady Herial Subtotal

Resource Data

Category
inferred
Tonnes
190000
Grade
2.1
Grade Unit
g/t
Contained Metal
12600
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-08-08

Metal Equivalent

Assumptions Disclosed
No

Lab

Laboratory
Intertek Genalysis

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This Inferred resource subtotal for Lady Herial contributes to the total with a good grade, but its lower confidence makes it less material than higher categories.

Positive factors

  • Adds to the overall resource base with a good grade (2.1 g/t Au).

Negative factors

  • Inferred category has lower geological confidence.

Evidence · table

“190,000”

Context: 2.1

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

Lady Herial SubtotalFoster-Baker · goldTonnes: 589600Grade: 2Grade Unit: g/tContained Metal: 37000Contained Unit: ozView all details
Link to this fact

Identity

Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
LM8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Aaron Wehrle, Mr Stephen Law
Resource group id
resource:2e0cf45daa4e71cfddbb
Deposit or zone
Lady Herial Subtotal

Resource Data

Tonnes
589600
Grade
2
Grade Unit
g/t
Contained Metal
37000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-08-08

Metal Equivalent

Assumptions Disclosed
No

Lab

Laboratory
Intertek Genalysis

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: The total resource for Lady Herial represents a significant portion of the project's gold inventory, with a good average grade.

Positive factors

  • Overall resource for the Lady Herial is substantial with a good average grade.

Evidence · table

“589,600”

Context: 2.0

Tags used in scoring

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

indicatedFoster-Baker · goldTonnes: 155000Grade: 1.3Grade Unit: g/tContained Metal: 6300Contained Unit: ozView all details
Link to this fact

Identity

Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
LM8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Aaron Wehrle, Mr Stephen Law
Resource group id
resource:72183e983eaef87ca022
Deposit or zone
Hustler Upper

Resource Data

Category
indicated
Tonnes
155000
Grade
1.3
Grade Unit
g/t
Contained Metal
6300
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-08-08

Metal Equivalent

Assumptions Disclosed
No

Lab

Laboratory
Intertek Genalysis

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This Indicated resource for Hustler Upper adds to the project's resource base with good confidence and economic grade.

Positive factors

  • Indicated category resource provides reasonable geological confidence.
  • Economic grade (1.3 g/t Au) for an open pit gold resource.

Evidence · table

“155,000”

Context: 1.3

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

inferredFoster-Baker · goldTonnes: 538000Grade: 1.5Grade Unit: g/tContained Metal: 25000Contained Unit: ozView all details
Link to this fact

Identity

Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
LM8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Aaron Wehrle, Mr Stephen Law
Resource group id
resource:d9e9016f900299bcebfc
Deposit or zone
Hustler Upper

Resource Data

Category
inferred
Tonnes
538000
Grade
1.5
Grade Unit
g/t
Contained Metal
25000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-08-08

Metal Equivalent

Assumptions Disclosed
No

Lab

Laboratory
Intertek Genalysis

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This large Inferred resource for Hustler Upper contributes significantly to the total, but its lower confidence makes it less material than higher categories.

Positive factors

  • Significant tonnage (538,000 t) with economic grade (1.5 g/t Au).

Negative factors

  • Inferred category has lower geological confidence.

Evidence · table

“538,000”

Context: 1.5

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

Hustler UpperFoster-Baker · goldTonnes: 693000Grade: 1.4Grade Unit: g/tContained Metal: 31300Contained Unit: ozView all details
Link to this fact

Identity

Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
LM8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Aaron Wehrle, Mr Stephen Law
Resource group id
resource:76611b8008b9598d0254
Deposit or zone
Hustler Upper

Resource Data

Tonnes
693000
Grade
1.4
Grade Unit
g/t
Contained Metal
31300
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-08-08

Metal Equivalent

Assumptions Disclosed
No

Lab

Laboratory
Intertek Genalysis

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: The total resource for Hustler Upper represents a significant portion of the project's gold inventory, with an economic average grade.

Positive factors

  • Overall resource for the Hustler Upper zone is substantial with an economic average grade.

Evidence · table

“693,000”

Context: 1.4

Tags used in scoring

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

indicatedFoster-Baker · goldTonnes: 16000Grade: 1.4Grade Unit: g/tContained Metal: 700Contained Unit: ozView all details
Link to this fact

Identity

Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
LM8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Aaron Wehrle, Mr Stephen Law
Resource group id
resource:761cc368db743e813dc5
Deposit or zone
Hustler Lower

Resource Data

Category
indicated
Tonnes
16000
Grade
1.4
Grade Unit
g/t
Contained Metal
700
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-08-08

Metal Equivalent

Assumptions Disclosed
No

Lab

Laboratory
Intertek Genalysis

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This Indicated resource for Hustler Lower adds to the project's resource base with economic grade, but its small size limits its materiality.

Positive factors

  • Indicated resource with economic grade.

Evidence · table

“16,000”

Context: 1.4

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

inferredFoster-Baker · goldTonnes: 117000Grade: 1.1Grade Unit: g/tContained Metal: 4200Contained Unit: ozView all details
Link to this fact

Identity

Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
LM8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Aaron Wehrle, Mr Stephen Law
Resource group id
resource:43f72f2abb768bb689c6
Deposit or zone
Hustler Lower

Resource Data

Category
inferred
Tonnes
117000
Grade
1.1
Grade Unit
g/t
Contained Metal
4200
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-08-08

Metal Equivalent

Assumptions Disclosed
No

Lab

Laboratory
Intertek Genalysis

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This Inferred resource for Hustler Lower contributes to the total with economic grade, but its lower confidence makes it less material than higher categories.

Positive factors

  • Adds to the overall resource base with economic grade.

Negative factors

  • Inferred category has lower geological confidence.

Evidence · table

“117,000”

Context: 1.1

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

Hustler LowerFoster-Baker · goldTonnes: 133000Grade: 1.2Grade Unit: g/tContained Metal: 4900Contained Unit: ozView all details
Link to this fact

Identity

Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
LM8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Aaron Wehrle, Mr Stephen Law
Resource group id
resource:a21f10ec4eebcbb9f74b
Deposit or zone
Hustler Lower

Resource Data

Tonnes
133000
Grade
1.2
Grade Unit
g/t
Contained Metal
4900
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-08-08

Metal Equivalent

Assumptions Disclosed
No

Lab

Laboratory
Intertek Genalysis

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: The total resource for Hustler Lower represents a contribution to the project's gold inventory, with an economic average grade.

Positive factors

  • Overall resource for the Hustler Lower zone is of economic grade.

Evidence · table

“133,000”

Context: 1.2

Tags used in scoring

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

indicatedFoster-Baker · goldTonnes: 171000Grade: 1.3Grade Unit: g/tContained Metal: 7000Contained Unit: ozView all details
Link to this fact

Identity

Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
LM8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Aaron Wehrle, Mr Stephen Law
Resource group id
resource:2c9e4f8c0574138420f8
Deposit or zone
Hustler Subtotal

Resource Data

Category
indicated
Tonnes
171000
Grade
1.3
Grade Unit
g/t
Contained Metal
7000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-08-08

Metal Equivalent

Assumptions Disclosed
No

Lab

Laboratory
Intertek Genalysis

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This Indicated resource subtotal for Hustler is a positive contribution to the project's gold inventory.

Positive factors

  • Significant Indicated resource for Hustler, providing reasonable confidence.
  • Economic grade (1.3 g/t Au) for an open pit gold resource.

Evidence · table

“171,000”

Context: 1.3

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

inferredFoster-Baker · goldTonnes: 655000Grade: 1.4Grade Unit: g/tContained Metal: 29200Contained Unit: ozView all details
Link to this fact

Identity

Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
LM8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Aaron Wehrle, Mr Stephen Law
Resource group id
resource:63c74d1f344904d19df8
Deposit or zone
Hustler Subtotal

Resource Data

Category
inferred
Tonnes
655000
Grade
1.4
Grade Unit
g/t
Contained Metal
29200
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-08-08

Metal Equivalent

Assumptions Disclosed
No

Lab

Laboratory
Intertek Genalysis

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This large Inferred resource subtotal for Hustler contributes significantly to the total, but its lower confidence makes it less material than higher categories.

Positive factors

  • Significant tonnage (655,000 t) with economic grade (1.4 g/t Au).

Negative factors

  • Inferred category has lower geological confidence.

Evidence · table

“655,000”

Context: 1.4

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

Hustler SubtotalFoster-Baker · goldTonnes: 826000Grade: 1.4Grade Unit: g/tContained Metal: 36200Contained Unit: ozView all details
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Identity

Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
LM8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Aaron Wehrle, Mr Stephen Law
Resource group id
resource:c6ba795fb97324ae3d58
Deposit or zone
Hustler Subtotal

Resource Data

Tonnes
826000
Grade
1.4
Grade Unit
g/t
Contained Metal
36200
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-08-08

Metal Equivalent

Assumptions Disclosed
No

Lab

Laboratory
Intertek Genalysis

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: The total resource for Hustler represents a significant portion of the project's gold inventory, with an economic average grade.

Positive factors

  • Overall resource for the Hustler is substantial with an economic average grade.

Evidence · table

“826,000”

Context: 1.4

Tags used in scoring

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

measuredFoster-Baker · goldTonnes: 110100Grade: 2Grade Unit: g/tContained Metal: 7000Contained Unit: ozView all details
Link to this fact

Identity

Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
LM8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Aaron Wehrle, Mr Stephen Law
Resource group id
resource:2768257ae8731dad9eb8
Deposit or zone
GROUP TOTAL

Resource Data

Category
measured
Tonnes
110100
Grade
2
Grade Unit
g/t
Contained Metal
7000
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-08-08

Metal Equivalent

Assumptions Disclosed
No

Lab

Laboratory
Intertek Genalysis

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: The total Measured resource for the project is a strong positive, indicating a high-confidence portion of the overall gold inventory.

Positive factors

  • Significant Measured resource for the entire project, providing high confidence.
  • Good grade (2.0 g/t Au) for an open pit gold resource.

Evidence · table

“110,100”

Context: 2.0

Tags used in scoring

Measured Resourcepositive

Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

indicatedFoster-Baker · goldTonnes: 460000Grade: 1.7Grade Unit: g/tContained Metal: 24500Contained Unit: ozView all details
Link to this fact

Identity

Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
LM8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Aaron Wehrle, Mr Stephen Law
Resource group id
resource:9cdbdbb25ffbd6b37266
Deposit or zone
GROUP TOTAL

Resource Data

Category
indicated
Tonnes
460000
Grade
1.7
Grade Unit
g/t
Contained Metal
24500
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-08-08

Metal Equivalent

Assumptions Disclosed
No

Lab

Laboratory
Intertek Genalysis

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: The total Indicated resource for the project is a strong positive, indicating a substantial and reasonably confident portion of the overall gold inventory.

Positive factors

  • Significant Indicated resource for the entire project, providing reasonable confidence.
  • Economic grade (1.7 g/t Au) for an open pit gold resource.

Evidence · table

“460,000”

Context: 1.7

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

inferredFoster-Baker · goldTonnes: 845000Grade: 1.5Grade Unit: g/tContained Metal: 41800Contained Unit: ozView all details
Link to this fact

Identity

Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
LM8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Aaron Wehrle, Mr Stephen Law
Resource group id
resource:377d719e32376d8c4082
Deposit or zone
GROUP TOTAL

Resource Data

Category
inferred
Tonnes
845000
Grade
1.5
Grade Unit
g/t
Contained Metal
41800
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-08-08

Metal Equivalent

Assumptions Disclosed
No

Lab

Laboratory
Intertek Genalysis

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: The total Inferred resource for the project contributes significantly to the overall gold inventory, but its lower confidence makes it less material than higher categories.

Positive factors

  • Significant tonnage (845,000 t) with economic grade (1.5 g/t Au).

Negative factors

  • Inferred category has lower geological confidence.

Evidence · table

“845,000”

Context: 1.5

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

GROUP TOTALFoster-Baker · goldTonnes: 1415600Grade: 1.6Grade Unit: g/tContained Metal: 73200Contained Unit: ozView all details
Link to this fact

Identity

Project
Foster-Baker
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
LM8

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Aaron Wehrle, Mr Stephen Law
Resource group id
resource:957568606922f0a2b15a
Deposit or zone
GROUP TOTAL

Resource Data

Tonnes
1415600
Grade
1.6
Grade Unit
g/t
Contained Metal
73200
Contained Unit
oz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-08-08

Metal Equivalent

Assumptions Disclosed
No

Lab

Laboratory
Intertek Genalysis

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: The total gold resource for the Foster-Baker project is a significant asset, providing a solid foundation for future development studies.

Positive factors

  • Overall project resource is substantial (1.4 Mt) with an economic average grade (1.6 g/t Au).

Evidence · table

“1,415,600”

Context: 1.6

Tags used in scoring

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

Metallurgical Results (2)

mill routeLady Herial · goldRecovery: 91.4 %Head Grade Unit: g/tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Lady Herial
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
LM8

Test Work

Program Status
detailed
Test Type
mill route
Processing Route
mill_cil
Sample
Lady Herial composite, 12-hour residence
Grind P80
150 µm
Leach Time
12 hours

Recovery

Recovery
91.4 %
Recovery Basis
actual_test
Head Grade Unit
g/t

Location

Loc. Confidence
medium

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-08-14T00:00:00.000Z

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This historical metallurgical result demonstrates excellent gold recovery for the Lady Herial deposit, indicating favorable processing characteristics.

Positive factors

  • High gold recovery (91.4%) for a mill/CIL route.
  • Detailed test work provides high confidence in the results.
  • Proven metallurgical response, as demonstrated by past mining operations.

Evidence · text

“the actual average metallurgical response was an overall gold recovery of 91.4% (for a 12-hour residence)”

Tags used in scoring

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: processing_route matches the mill_cil signal

mill routeLady Herial · goldRecovery: 94.6 %Head Grade Unit: g/tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Lady Herial
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
LM8

Test Work

Program Status
detailed
Test Type
mill route
Processing Route
mill_cil
Sample
Lady Herial composite, 24-hour residence
Grind P80
150 µm
Leach Time
24 hours

Recovery

Recovery
94.6 %
Recovery Basis
actual_test
Head Grade Unit
g/t

Location

Loc. Confidence
medium

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-08-14T00:00:00.000Z

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This historical metallurgical result demonstrates exceptional gold recovery for the Lady Herial deposit, indicating highly favorable processing characteristics.

Positive factors

  • Exceptional gold recovery (94.6%) for a mill/CIL route.
  • Detailed test work provides high confidence in the results.
  • Proven metallurgical response, as demonstrated by past mining operations.

Evidence · text

“94.6% (24-hour residence) at P80 passing 150μm”

Tags used in scoring

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: processing_route matches the mill_cil 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.